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Icron Closes $950,000 Private Placement Financing

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

Vancouver, British Columbia, May 6, 2004 – Icron Technologies Corporation (TSX.V:IT), a leading provider of high performance digital connectivity technologies, today announced completion of a $950,000 private placement financing.

“To date in 2004, Icron has announced significantly increased sales results for the first quarter and is rolling-out its new DVI product line,” said Suresh Singh, President and Chief Executive Officer of Icron. “Icron is now very well-positioned to drive its business forward. This financing greatly assists the company in executing its product and marketing strategies for 2004 and beyond.”

Participants in the private placement financing include three institutional investors with a high-tech focus. Also participating in the financing is Scene Double, based in the UK, a technology development and marketing company with whom Icron will work on a strategic basis.

As previously announced, Icron engaged the services of McFarlane Gordon and sold 3,800,000 units at a price of $0.25 per unit. Each unit consists of one common share and one half of one (1/2) common share purchase warrant. Each full common share purchase warrant entitles 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.

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 recently launched an innovative line of products that deliver solutions to the growing market for Digital Visual Interface (DVI) connectivity.

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.

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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.