March 7, 2002
BURNABY, B.C., March 7, 2002 – Icron Technologies Corporation (CDNX: IT), a leading provider of extended range, high performance connectivity technologies for the industrial and commercial computing marketplace, today announced the launch of its new USB Ranger 422i product.
With the USB Ranger 422i, Icron further extends its reach in the industrial and commercial computing market segments. Customers in these large markets are rapidly adopting computer operating systems that rely on Universal Serial Bus (USB) for connecting computers to peripheral devices and control interfaces. Icron’s USB Ranger products offer a unique, industry-standard based, packaged solution to facilitate these connections beyond the 5-meter distance limitation built into USB.
In addition to the new USB Ranger 422i, Icron has announced that the ExtremeUSB Core D/L Developer’s Kit now allows the company’s OEM customers to build in the advantages of this technology to their products. As an additional benefit, these fiber optic products offer increased electrical isolation in an outdoor environment.
The new USB Ranger 422i integrates Icron’s ExtremeUSBþ technology and a multi-mode fiber optic link to allow up to four USB devices to be connected over a distance of up to 500 meters. Typical users will include providers of industrial process control systems, Internet enabled/ digital camera- based observation networks and access control/biometrics-based security systems.
“Icron’s launch of the USB Ranger 422i demonstrates our market-driven strategy and the company’s ability to fast-track development of a sophisticated new product. We have already engaged with a division of Eastman Kodak and we are moving forward with several OEM’s to bring this new product to worldwide markets,” said Kevin Lee, Icron’s Vice President of Sales and Marketing.
Icron Technologies Corporation of Burnaby, B.C. has invented ExtremeUSBþ technology, a practical means of extending the range of USB connections from 5 meters to over 500 meters. Icron has applied for patents covering its inventions and Icron’s USB Rangerþ 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 Canadian Venture Exchange Inc.
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 Canadian 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.