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Icron technologies recieves approval for Normal Course Issuer Bid

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

Burnaby, June 5, 2006 – Icron Technologies Corporation (TSX-V: IT) (the "Company") is pleased to announce that it has received approval from the TSX Venture Exchange to conduct its previously announced normal course issuer bid (the "Bid") pursuant to which the Company may purchase up to a maximum of 1,065,124 common shares in the capital of the Company (the "Shares"), representing 5% of the Company's issued and outstanding shares as of May 25, 2006. The Bid will commence on June 9, 2006 and will terminate on June 8, 2007. Not more than 2% of the issued and outstanding Shares will be purchased in any 30-day period.

Purchases pursuant to the Bid will be made from time to time by MGI Securities Inc. on behalf of the Company through the facilities of the TSX Venture Exchange. Shares purchased will be paid for with cash available from the Company's working capital. All shares purchased pursuant to the Bid will be cancelled and returned to treasury.

No insiders of the Company intend to participate in the Bid, which is being made because the Company is of the view that the recent market prices of the Shares do not properly reflect the underlying value of the Shares.

BY ORDER OF THE BOARD OF DIRECTORS

“Suresh Singh”
Suresh Singh, President

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.

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