Icron Announces European Patent For ExtremeUSB Technology

BURNABY, B.C., June 18, 2002 – Icron Technologies Corporation (TSX Venture: IT), a leading provider of extended range, high performance connectivity technologies for the industrial and commercial computing marketplace, today announced that its patent application for ExtremeUSBÿ technology has been allowed by the European Patent Office.

This news follows Icron’s recent announcement that its patent had been granted in the US.

Icron’s patent incorporates its communications protocol that preserves standard Universal Serial Bus (USB) functionality and timing restrictions while accommodating the increased cable delay incurred in extended range transmissions.

“Icron has now successfully protected its intellectual property in our most important markets. We will continue to confidently grow sales of our ExtremeUSB based products in both North America and Europe,” stated John McLeod, Icron’s Vice President of Engineering.

ExtremeUSBTM technology, invented by Icron Technologies Corporation, enables USB peripherals to be placed wherever users need them, up to a 2-kilometer distance from a host computer. When used with Icron’s ExtremeUSB products, peripheral devices function as if they are within the accepted USB protocol distance for communicating with the computer.

Icron is penetrating several large vertical markets worldwide, from industrial automation to themed entertainment venues, with products that rely on ExtremeUSBTM technology. The company provides packaged product solutions, Original Equipment Manufacturer (OEM) modules, developer kits, and engineering and development services.

Icron Technologies Corporation of Burnaby, B.C. has invented ExtremeUSBÿ technology, a practical means of extending the range of USB connections from 5 meters to 2 kilometers. Icron’s USB Rangerÿ products are the only USB extenders that are compliant with the USB Implementers Forum requirements. Icron is working with a number of partner companies to integrate its technology into products for various computing applications. Icron’s mission is to be the global leader in technologies that bring the benefits of Universal Serial Bus to commercial and industrial computing marketplaces. Icron is a publicly traded company and trades under the symbol IT on the TSX Venture Exchange.

Icron Contacts:

Investor Relations: Ashiff Jivraj [email protected] (604) 638-3923
Marketing: Kevin Lee [email protected] (604) 638-3924

Note: The company relies on litigation protection for “forward-looking” statements. 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 production 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.