Vancouver, BC, March 4, 2011--(T-Net)--Icron Technologies Corporation (TSXV:IT.V), a global leader in the design and manufacturing of high-performance USB and video extension solutions today announced the appointment of Neil McDonnell to its Board of Directors.
Mr. McDonnell has more than 25 years of experience in building entrepreneurial organizations and commercializing new technologies. He brings considerable experience in operations, technology development, and global sales and marketing to Icron Technologies. His background in executive management includes CEO, COO and Executive Chairman positions at networking, software and computer peripherals companies. Mr. McDonnell is Chairman of TeraSpan Networks, a fiber-optic networking company. Additionally, Mr. McDonnell serves as President and CEO of Wurldtech Security Technologies and as CEO in Residence for BCTIA's Centre for Growth.
Mr. McDonnell also serves on the boards and advisory panels of several companies, including the British Columbia Lottery Corporation and TitanStar Properties. Mr. McDonnell holds an undergraduate degree in Commerce from the University of Toronto and an MBA from the University of British Columbia.
"I am very excited to be joining the Board of Icron," said Mr. McDonnell. "I believe Icron is well positioned with its product offerings and strong intellectual property to succeed in the marketplace. I look forward to working with the current Board and Management to deliver value to shareholders."
"On behalf of the Board of Icron, I am extremely pleased to welcome Neil McDonnell as a part of Icron's Board of Directors," commented Kelly Edmison, Icron's Chairman of the Board. "Mr. McDonnell's extensive business experience will greatly benefit Icron in maximizing the market potential of our USB and video extension technologies."
The Company will issue Mr. McDonnell 50,000 options to purchase common shares at $0.45 per share. The options have a five-year term and will vest in accordance with the company's standard vesting policies.
About Icron Technologies Corporation
Icron Technologies (TSX-V:IT) is an innovative leader in the development and manufacturing of high-performance video and USB extension solutions for commercial and industrial markets worldwide. Icron's patented extension technology extends PC Video and USB devices over many media types including Cat 5, Fiber, Wireless, DisplayPort, Coax, Powerline, and over a corporate LAN. Icron's extension products are deployed in a wide range of applications such as digital home connectivity, industrial automation, medical imaging, aerospace, interactive digital signage, remote desktop extension, security and surveillance, enterprise computing, isolated USB, and point-of-sale markets, or anywhere where a PC needs to be remotely located from a display or peripheral device. www.icron.com
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Except for statements of historical fact, all statements in this news release?including, without limitation, statements regarding financial 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.