Icron Receives 1,000th System Order From OEM Partner.

October 18 2000
CDNX: ICM
Vancouver, B.C.

Icron Systems, Inc. announced today that it has received orders to date of 1,000 USB Ranger systems from Gefen Inc. Headquartered in Woodland Hills, California, Gefen is a leading developer of computer interconnectivity products and audio management solutions for professional and personal computer users worldwide.

Gefen’s ex-tend-it KVM (keyboard, video, mouse) extenders are equipped with Icron’s ExtremeUSBTM technology to provide access to a computer from up to 100 meters. Gefen’s ex-tend-it KVM switches provide access to multiple computers from a single workstation.

Gefen’s president, Hagai Gefen, stated, “Icron’s technology enables us to deliver products and solutions based on our customers requirements. Professional broadcast and post-production environments have numerous applications to extend USB beyond the 5-meter specification limit. By integrating Icron’s ExtremeUSB technology, we can exceed our customers expectations with innovative, cost effective solutions.”

Mats Gerschman, Icron’s president, stated, “We are thrilled with Gefen reaching this important milestone and their continued commitment to ExtremeUSB technology. We value the leadership position they have taken in the KVM switching and extension market for USB. Gefen’s early success in placing high volumes in the field validates the technology and the end user feedback we receive allows us continue to improve our products. The relationship with Gefen, Inc. as a true OEM partner is very important to us.”

USB Ranger products, with ExtremeUSB technology, have already gained acceptance in the keyboard, video and mouse extension, entertainment, professional audio video, industrial control, computer telephony, webcam services and computer distribution markets.

Icron Systems, Inc. of Vancouver, B.C. has invented ExtremeUSB technology, a practical means of extending the range of USB connections from 5 meters to over 100 meters. Icron has applied for patents covering its inventions and is integrating its technology into a series of products for computing applications. Icron’s Ranger products are the only USB extenders that are compliant with the USB Implementers Forum’s requirements. Icron is committed to working with its partners to increase the total market for USB products by enabling a broad set of new applications that utilize ExtremeUSB. Icron is a publicly traded company and trades under the symbol ICM on the Canadian Venture Exchange.
Icron Contacts:
Investor Relations: Samantha Haynes [email protected] (604) 940-2239
Media Relations: David Smith [email protected] (604) 638-3925

Websites:
Icron Systems Inc.       www.icron.com
Gefen, Inc.                     www.gefen.com

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.