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Icron Announces Brokered Private Placement Financing

(Not for distribution to United States newswire services or for dissemination in the United States.)

Vancouver, British Columbia, April 19, 2004 – Icron Technologies Corporation (TSX.V:IT) is pleased to announce that it has reached an agreement with McFarlane Gordon Inc. to raise up to $1,150,000 through a private equity placement (the “financing”).

The financing will consist of a private placement of 4,600,000 units at a price of $0.25 per unit (a “Unit”). Each Unit will consist of one common share and one half of one (1/2) common share purchase warrant. Each full common share purchase warrant (a “Warrant”) will entitle the holder to acquire one additional common share at an exercise price of $0.30 per share for a period of 18 months from the date of closing of the financing.

McFarlane Gordon will receive a cash commission of 10% of the gross proceeds of the financing and be granted an option to acquire broker warrants equal to 10% of the number of Units sold. Each broker warrant entitles the holder to acquire one Unit at a price of $0.25 per Unit until 18 months from the closing of the financing. Closing for the financing is expected to occur on or about April 27, 2004 and is subject to receipt of required regulatory approvals and the existence of applicable prospectus exemptions.

Icron anticipates that the proceeds from the financing will be used to expand its sales and marketing efforts worldwide and to continue new product development, as well as for general working capital purposes. “Icron’s marketing will be accelerated with this additional capital. We will grow the business in several vertical markets and launch our new DVI product line,” said Icron’s President, Suresh Singh. “The need for high-performance, plug-and-play digital connectivity solutions is fueling Icron’s potential for rapid expansion and with this financing we can confidently advance the business.”

About Icron

Icron Technologies Corporation creates and markets high-performance digital connectivity technologies and products for the computing and visual display markets. The company provides branded and private-label packaged products, Original Equipment Manufacturer (OEM) modules, developer kits, design licenses, and engineering and development services.

Icron's technological innovations include its patented ExtremeUSB® technology which touches several large worldwide markets from industrial automation to medical devices, aerospace, computer networking and audio/video.

Icron is a publicly traded Canadian corporation and trades under the symbol "IT" on the TSX Venture Exchange.

This press release will not constitute an offer to sell or the solicitation of any offer to buy the securities in any jurisdiction. The shares have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements.

Contacts

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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.