BURNABY, BC April 13, 2005 – Icron Technologies Corporation (TSX.V:IT), today announced that a Boston based Fortune 500 provider of Medical Instruments technology has entered into an agreement to license Icron’s USB technology.
This solution is not part of Icron’s ExtremeUSB technology, but rather is a unique Isolated USB application. Icron’s IsolatedUSB solution allows the signal from USB devices to be electrically isolated from the computer processor, which is required for sensitive medical instrument applications.
The Boston based company “prides itself on helping physicians save lives and improving the quality of life for patients”. Management believes that the company’s desire to use Icron’s USB solutions is continued proof of the quality of Icron’s Intellectual Property. Further, the agreement shows Icron’s strengthening reputation for its USB expertise.
As USB technology continues to gain momentum in KVM, commercial and light industrial markets, Icron’s USB solutions are becoming integral solutions for medical instrumentation solutions, industrial control devices, security systems and consumer electronics. Icron has committed to further developing its technology to be available in a number of configurations, ensuring that it is available in the right format, and at the right price point.
“The integration of IsolatedUSB into this customers Medical Instrument product line demonstrates Icron’s ability to provide flexible USB solutions for both commercial and consumer markets, and further supports our royalty-based licensing model for our technology,” said Robert Eisses, VP Sales & Marketing at Icron. “Icron is pleased to be diversifying its customer base by providing USB solutions to the quality focused medical device industry.”
About Icron Technologies Corp www.icron.com
Icron Technologies Corporation’s patented ExtremeUSB® technology extends the range of USB in wired environments and enables wireless USB over any RF technology. ExtremeUSB is the only USB-IF compliant extension solution and is deployed globally in a wide range of applications including: industrial automation, medical device, aerospace, KVM and computer networking. ExtremeUSB technology is available in a variety of formats including technology licenses, OEM modules, developer kits, as well as branded and private-label products. The company also provides a range of engineering and development services focused on unique USB connectivity issues.”
Icron is a publicly traded corporation and trades under the symbol “IT” on the TSX Venture Exchange. For information on the company and its products, please visit www.icron.com and for detailed financial information visit www.sedar.com. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release — including, without limitation, statements regarding financial estimates and future plans and objectives of Icron — are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.
2005 Icron Technologies Corporation. ExtremeUSB®, USB Ranger™ are trademarks of Icron Technologies Corporation.
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|Icron Technologies Corporation|
|Suresh Singh, President & CEO
|The Howard Group|
|David Gordon, Investor Relations for Icron