
Icron strengthens Management Team
Industry Veterans to help lead Icron into new Home Connectivity
market
BURNABY, B.C. July 29, 2008-
– Icron Technologies Corporation (TSX Venture: IT),
the developers of ExtremeUSB®, announces today the addition
of two new key executives to the management team, Brian Donnelly
as VP of Marketing and Business Development and Sukhdeep Hundal
as VP of Engineering. Both executives come with very successful
track records in their respective companies and have been
brought in to accelerate the company’s growth.
“The addition of Brian and Sukhdeep to our executive
team comes at an exciting time for Icron,” stated Robert
Eisses, President and CEO, Icron Technologies Corp. “Over
the past 18 months, Icron has assembled a strong development
team to evolve the core technology, and we are now at the
position to reap the benefits of that work. Both of these
Executives bring a wealth of relevant domain experience of
building technology companies in large volume markets. These
additions will help Icron build upon our existing success
by driving new revenues in new markets including the burgeoning
home connectivity market.”
Mr. Donnelly brings significant Business Development, Marketing
and Sales expertise to the company. His most recent position
with Corinex Communications saw a 20 fold increase in sales
over the last 4 years in the home networking market using
Powerline communications. “I’m delighted to be
joining Icron and see many new exciting growth opportunities
in the home connectivity space, including full remote control
of the PC on any TV,” said Donnelly. He is a former
board member and Chairman of the Universal Powerline Association
(UPA) and the previous Chairman of the UPA Marketing Working
Group and a frequent invited speaker on Broadband over Powerline
technology. Donnelly holds an honours degree in Electrical
Engineering from Simon Fraser University in British Columbia,
Canada.
Mr. Hundal has 14 years experience in technology development
with companies including Sierra Wireless and Vtech Electronics,
two world leaders in their market segments, and has a strong
understanding of wireless technologies and hardware/software
integration in the consumer market. “Icron’s innovative
ExtremeUSB® technology supports a wide variety of consumer
applications for virtual USB connectivity. I’m looking
forward to the challenge of working with the Engineering team
to further develop high-volume low-cost solutions that are
compatible with HD Video that address the needs of the mass
markets,” said Hundal. Mr. Hundal has a Masters Degree
in Science in Communications & Radio Engineering from
King’s College, University of London, UK, and a Bachelor
of Engineering in Electronics and Electrical Communications
from Punjab University, India.
For more information about Home Connectivity solutions, read
Icron’s Home Connectivity whitepaper at:
http://www.icron.com/products/usb/collateral/icron_home_connectivity_wp.pdf
About Icron Technologies Corp
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.
Icron is a publicly traded corporation and trades under the symbol "IT" on the TSX Venture Exchange. For more information on the company and its products, please visit www.icron.com.
Contact Information
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.
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