Press Release

Icron Reports Second Quarter Results

BURNABY, B.C. August 25, 2009 – Icron Technologies Corporation (TSX Venture: IT), the developers of ExtremeUSB®, today released financial results for the second quarter ended June 30, 2009.

Highlights for Second Quarter of 2009:

• Record Revenues of $2,661,768, representing a 22.2% increase over Q2 2008;

• Posted product margins of 52.7% from 50.0% in Q2 2008

• Recorded net income of $7,066 compared to a net loss of $(201,016) for Q2 2008;

• Demonstrated innovative PC-on-TV Connectivity Solutions based on its patented ExtremeUSB technology over 802.11n at the Connections Digital Living Conference;

• Subsequent to the end of the quarter, the Company announced Robert Haefling as its new President and CEO pending Immigration approval.

Management's Comments:

“I’m pleased to be joining Icron at a time when the company is performing well and achieving record results. I’m optimistic with the direction of the company, the technology and organization, and look forward to capitalizing on the significant market opportunities for USB and PC Extension products,” said Robert Haefling, President & CEO.

Mr. Haefling continued, “We are very pleased with our results for the second quarter. We achieved record sales of $2.661 million while maintaining very strong margins. The Company generated positive cash flow from operations and finished the quarter with cash in excess of $2.656 million. While we are cautious about the coming quarters, we see signs of business stabilizing. Until then, the Company has a solid balance sheet and will take the necessary steps to control costs and preserve cash flows. At the same time, we will continue to innovate and deliver value-added products to our customers, thus positioning ourselves for future growth.”

Second Quarter Financial Highlights:

Revenue
Sales were up 22.2% to a record $2.662 million for the second quarter compared to the $2.177 million reported the second quarter of 2008. Customers are continuing to transition over to next generation USB 2.0 products lines which provide the customer with twice the distance of legacy USB 2.0 products at USB 1.1 prices. The next generation 2.0 products generated combined sales of $962 thousand during the second quarter up from the $582 thousand recorded in the first quarter of 2009.

Gross margin amounted to $1.403 million in the second quarter of 2009, compared to $1.089 million in the second quarter of 2008. Our gross margin percentage increased to 52.7% for the three months ended June 30, 2009, compared to 50.00% in the same period of 2008. The increase in margin is attributable to higher average sale prices for legacy products and a favourable sales mix of higher margin products manufactured in Asia.

The Company generated a small net profit totaling $7,066 or $0.00 per share, in the three months ended June 30, 2009, compared to a net loss of $201,016, or $(0.01), in the same period of 2008.

For complete financials please visit www.sedar.com or www.icron.com.

Conference Call / Web-cast:

Tuesday, August 25, 2009, 4:30 PM EST, 1:30 PM PST

Icron Technologies will be having a conference call hosted by Robert Haefling, President and CEO and Todd Hamel, CFO to discuss the Company's quarterly financial results on Tuesday, August 25, 2009 at 4:30PM EST, 1:30PM PST. Participants are asked to call 416-644-3416 or 1-800-732-9307.

The conference will also be broadcast live over the Internet and archived through the following link: (Click on this link or copy to your web browser to listen online.)
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2778600

About Icron Technologies Corporation
Icron Technologies is a visionary leader in high performance PC and USB extension solutions for commercial and industrial markets worldwide. Icron's USB extension products are deployed in a wide range of applications including: digital home connectivity, industrial automation, medical imaging, aerospace, and KVM extension. Icron's patented ExtremeUSB® technology extends the range of USB 1.1 / 2.0 over Cat 5, Wireless, Fiber, Powerline, Coax and Phone lines, at distances of up to 25 miles (40 km). ExtremeUSB technology is available in a variety of formats including branded and private-label products, OEM modules and developer kits.

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.

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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.