October 04 1999
Icron Systems Inc.
ASE:ICM
Icron Systems Inc. is pleased to announce that it has supplied a number of market leaders in the PC and USB peripherals industries throughout the US and Canada with evaluation units of Icron’s ExtremeUSB range extending technology. These units are being provided to these companies under Icron’s Early Field Unit program. The purpose of this program is to provide these market leaders with an opportunity to evaluate Icron’s technology as well as to further their business relationships with Icron.
David Dunnison, Vice President of Business Development said, “This is a very important and exciting milestone for Icron. We are now in a position to provide working hardware to our key relationships for their own internal evaluation. These companies can now begin to develop their own market plans as well as to preview our technology to their important customers. Putting our technology into their hands is a critical step to cementing the type of market relationships required to take our technology to market. All of these companies have expressed significant interest in our technology and Icron has been in discussions with these companies for a number of months. We are thrilled to take these discussions to the next level.”
Icron Systems Inc. has invented ExtremeUSB technology, a practical means of extending the range of USB connections from five meters to over 100 meters. Icron has applied for patents covering its inventions and is in the process of integrating this technology into a series of products for PC users.
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.