Broad distribution in US begins as Evergreen expands its fireLINE family of products to include USB Connectivity Extenders based on Icron’s ExtremeUSB™ technology
BURNABY, B.C., October 16, 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 it has entered into a strategic business relationship with Evergreen Technologies, Inc., an industry leader in high performance enhancement hardware for personal computers. Evergreen’s products are currently distributed through Ingram Micro, the largest global wholesale provider of technology products and other leading distributors and resellers throughout the United States.
Icron’s partnership with Evergreen Technologies leverages its position in the United States marketplace to effectively market, distribute and provide ongoing support for Icron Technologies’ extended range USB (Universal Serial Bus) technology products. Evergreen will introduce private-labeled versions of Icron’s packaged products as additions to its firmly established fireLINE family of USB and IEEE 1394 high-speed data communication devices.
Since 1999, Evergreen has been at the forefront of the high-speed connectivity marketplace for desktop and mobile PCs. Its fireLINE product family offers a complete range of USB 1.1, USB 2.0 and IEEE 1394 add-on cards and peripheral devices. Icron’s ExtremeUSB technology is a practical means of extending the range of USB connections from 5 meters to over 2 kilometers and is the only USB extension technology that is certified compliant with the USB Implementers Forum requirements. ExtremeUSB-based products are an ideal complement to the current Evergreen fireLINE family, providing users even greater device and network connectivity options.
“Over the last decade, Evergreen has established a solid reputation in the PC hardware marketplace by consistently delivery cutting edge technology solutions to end users which meet both performance and value requirements. In the area of high-speed connectivity, we have continued to grow our fireLINE family of products in response to industry developments and advancing end user needs. This partnership with Icron Technologies is our latest step to ensure that we provide the high-performance connectivity solutions our customers demand,” said Kenneth (Mike) Magee, President and CEO of Evergreen Technologies.
“Icron is delighted to be working with Evergreen Technologies. With Evergreen’s well-established sales and distribution channels, Icron’s products will be presented to large new audiences. We look forward to seeing our products sold through such dynamic distributors as Ingram Micro and made available to a broad customer base of on-line resellers such as CDW, Tiger Direct and others. As the newest additions to Evergreen’s fireLINE product line, Icron’s ExtremeUSB technology will be easy to buy everywhere in the United States,” said Suresh Singh, President and CEO of Icron Technologies.
About Evergreen Technologies, Inc.
Evergreen Technologies, Inc., based in Corvallis, Oregon, designs, manufactures, distributes and supports hardware performance upgrades for the personal computer marketplace. Since 1989, Evergreen has pioneered a range of solutions that extend and enhance the utility of existent PC systems via hardware upgrades to cutting edge performance technology. For more information, contact Evergreen Technologies, Inc. at 800.733.0934 or visit the company’s website at: www.evergreennow.com
About Icron Technologies Corporation
Icron Technologies Corporation of Burnaby, B.C. Canada, designs and markets technologies that bring the benefits of Universal Serial Bus (USB) to commercial and industrial computing marketplaces. Icron has invented ExtremeUSB¹ technology, a practical means of extending the range of USB connections from 5 meters to over 2 kilometers. Icron has been granted patents that cover its inventions and Icron’s USB Ranger¹ products are the only USB extenders that are compliant with the USB Implementers Forum’s requirements.
Icron’s ExtremeUSB technology and products touch several large vertical markets from industrial process control to multimedia post-production facilities worldwide. The company provides packaged product solutions, Original Equipment Manufacturer (OEM) modules, developer kits, and engineering and development services. Icron is working with a number of partner companies to integrate its technology into products for various computing applications.
Icron is a publicly traded corporation and trades under the symbol “IT” on the TSX Venture Exchange.
Icron Contacts:
| Investor Relations Contact – Eastern Canada Jason Monaco (FCCC) |
Phone (416) 742.5600 Fax (416) 742.6410 |
| Investor Relations Contact – Western Canada Ashiff Jivraj |
Phone (604) 638.3923 Fax (604) 638.3930 |
| Marketing Contact – Icron Kevin Lee |
Phone (604) 638.3924 Fax (604) 638.3930 |
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.