Icron Signs Agreement with Connectivity Solutions Provider.

October 24 2000
CDNX: ICM
Vancouver, B.C.

Icron Systems, Inc. announced today that it has signed an agreement with Direktronik to distribute its USB Rangerâ„¢ family of products in Sweden.

Direktronik, headquartered in Nynashamn outside Stockholm, Sweden, is a value-added distributor of computer connectivity products and solutions. Direktronik, established in 1982, has developed an extensive reseller and online (www.direktronik.se) sales network. Direktronik is the sole Swedish distributor for Inside Out Networks, Datacom Textron, Lava, Patton Electronics, Comtrol and Ergotron.

Anders Backlund, Direktronik’s president, stated, “Distance is the only current drawback to USB. Icron’s ExtremeUSBTM technology is the break-through that provides a cost effective solution to the distance problem. Direktronik is extremely excited about the opportunity to introduce the USB Ranger family of products to the Swedish market.”

David Smith, Icron’s vice president of sales and marketing, stated, “We are extremely pleased to announce this partnership with Directronik. As a leader in computer connectivity, our USB Ranger family of products is a natural fit in their portfolio. Their extensive reseller and online sales network will enable them to quickly leverage our ExtremeUSB technology into the Swedish marketplace.”

USB Ranger products, with ExtremeUSB technology, have already gained acceptance in the server, keyboard, video and mouse extension, entertainment, professional audio video, industrial control, computer telephony, webcam services and computer distribution markets.

Icron Systems, Inc. of Vancouver, B.C. has invented ExtremeUSB technology, a practical means of extending the range of USB connections from 5 meters to over 100 meters. Icron has applied for patents covering its inventions and is integrating its technology into a series of products for computing applications. Icron’s Ranger products are the only USB extenders that are compliant with the USB Implementers Forum’s requirements. Icron is committed to working with its partners to increase the total market for USB products by enabling a broad set of new applications that utilize ExtremeUSB. Icron is a publicly traded company and trades under the symbol ICM on the Canadian Venture Exchange.
Icron Contacts:
Investor Relations: Samantha Haynes investor@icron.com (604) 940-2239
Media Relations: David Smith david.smith@icron.com (604) 638-3925

Direktronik:
Media Relations: Anders Backlund anders@direktronik.se +46 8 52 400 700

Note: The company relies on litigation protection for “forward-looking” statements. The Canadian 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 production 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.