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Icron Provides Update On Recent Market Activity

BURNABY, B.C., May 10, 2005 - Icron Technologies Corporation (TSX Venture: IT) wishes to update the market on the recent increase in its stock price and trading volume.

In the last week of April, Icron attended Microsoft’s WinHEC conference in Seattle, where the Company demonstrated a Wireless USB solution utilizing Icron’s ExtremeUSB technology integrated to a DS-UWB chipset. Wireless chipsets integrated with Icron’s patented ExtremeUSB technology will provide full USB 2.0 functionality to a wide range of consumer electronics devices.

Since the Seattle show, Icron’s profile has increased among chipset manufacturers that develop products aimed at consumer markets.

Icron is currently in discussions with a number of chipset manufacturers concerning the commercialization of the technology into their chipsets. However no agreements have been entered into at this time.

Icron will update the market as developments occur.

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.

Distributed by Filing Services Canada and retransmitted by Market Wire

Contact Information

Icron Technologies Corporation

 

Suresh Singh, President & CEO
suresh.singh@icron.com

Phone: 604-638-3929
Fax: 604-638-3930

The Howard Group

 

David Gordon, Investor Relations for Icron
david@howardgroupinc.com

Phone: 403-221-0915
Fax: 403-237-8387