Icron Technologies receives National
Research Council (NRC) grant for Wireless USB program
BURNABY, BC December 9, 2004 -- Icron Technologies Corporation
(TSX Venture Exchange: IT.V), provider of the ExtremeUSB®
extension technology, is pleased to announce that the Government
of Canada’s National Research Council (NRC) Industrial
Research Assistance Program (IRAP) has increased its initial
contribution by $81,000 to assist the technical Research and
Development of Icron’s wireless program. The company
expects to unveil a completed working prototype in the first
quarter of 2005.
This additional contribution represents recognition by NRC IRAP that Icron
is developing industry-leading technology in the areas of
Hi-Speed USB 2.0 extension and wireless USB. “The NRC
IRAP has re-affirmed its commitment to Icron and supported
our R&D efforts and business strategy,” commented
Suresh Singh, President and CEO of Icron. “We are grateful
for the support by the NRC IRAP, and expect that their contribution
will help us secure partnerships with key wireless semiconductor
chip manufacturers.”
Icron’s wireless USB program has been gathering momentum for several
months. When adapted to the Wireless domain, the company’s
proven ExtremeUSB technology protocol will allow PC’s
to communicate without wires to peripheral devices, including
mice, keyboards, DVD Players, CD drives, cameras, MP3- players,
scanners and a host of other devices.
Further, the wide adoption of USB within the PC market, combined
with the emergence of new device categories has made USB more
than a PC desktop solution. John McLeod, Icron’s Vice
President, Engineering explained, “We will be offering
the ExtremeUSB® protocol in a wide variety of formats.
This provides Icron’s customers with the flexibility
to add USB extension capability to their own products in the
most convenient and cost effective package possible”.
About Icron
Icron Technologies Corporation is a leading provider of high-performance digital connectivity technologies for the computer marketplace. Icron's patented ExtremeUSB® technology is compliant with USB Implementers Forum requirements and touches several large worldwide markets from industrial automation to medical devices, aerospace and computer networking. The company provides branded and private-label packaged products, Original Equipment Manufacturer (OEM) modules, developer kits, and engineering and development services. 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 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 Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
2004 Icron Technologies Corporation. ExtremeUSB®, USB Ranger™ are trademarks of Icron Technologies Corporation.
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