Icron completes agreement for U.S. sales distribution.

March 02 1999

ASE: ICM

Icron Systems announced today that its subsidiary, Icron Manufacturing Inc. has signed an agreement with Westmark Electronics Inc. of Bellevue, Wash. to represent the firm in the Pacific Northwest. This agreement will significantly increase Icron’s sales representation in the key northwest U.S. electronics market as well as in Alberta.

An established manufacturerer’s representative in the electronics industry, Westmark’s four offices and ten Representatives will help Icron further penetrate the Washington, Oregon and Alberta markets.

Lee Austin, Icron Manufacturing’s General Manager and VP of Sales stated, “We are very pleased to have the capabilities of Westmark as an integral part of our sales plans early in 1999. Their impressive track record with major electronics OEMs in the Pacific Northwest fits very nicely with our growth strategy over the next few years.”

A subsidiary of Icron Systems Inc., Icron Manufacturing Inc. is one of western Canada’s most advanced contract electronics manufacturing services firms. Icron Systems Inc. is a leading edge developer of networking products, and is actively developing enhanced range Universal Serial Bus products.

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.