Icron to Supply Technology Services to Intrinsyc for OEM Design Engagements
Feb. 19, 2004 BURNABY, BC MARKET WIRE
Icron Technologies Corporation (TSX-V: IT), a leading provider of high performance digital connectivity technologies, announced that it is providing its specialized engineering services and related expertise to Intrinsyc Software International, Inc. in relation to various original equipment manufacturer (OEM) designs that incorporate the Universal Serial Bus (USB) protocol.
Intrinsyc (TSX: ICS) is a leader in helping Global 1000 enterprises create, network and manage specialized, intelligent devices. Intrinsyc delivers products, systems integration and engineering services to help companies create and manage a wide range of specialized consumer and industrial devices. Icron's expertise in serial digital connectivity, and specifically its work with the Universal Serial Bus (USB) protocol, will add value to Intrinsyc's own offerings.
Icron's patented ExtremeUSB(R) technology and products are facilitating the use of USB in remote computing applications within factory automation, testing and measurement, video observation, building automation and medical hardware markets. Next generation computing platforms will increasingly rely on USB for plug-and-play, hot-swappable, easily integrated connections between processors and peripheral devices.
"This relationship with Intrinsyc brings together the resources of two innovative companies that are addressing many of the same computing market segments and customers. Intrinsyc can now leverage Icron's in-depth understanding of USB and related connectivity technologies to deliver greater value to its customers," said Suresh Singh, Icron's President and CEO.
"We are impressed with Icron's USB connectivity solutions and technical expertise," said Derek Spratt, President and Chief Executive Officer, Intrinsyc Software. "We have already benefited from applying their expertise to some recent customer engagements and expect this relationship to grow over time."
Icron Technologies Corporation creates and markets high-performance digital connectivity technologies and products for the computing and visual display markets. The company provides branded and private-label packaged products, Original Equipment Manufacturer (OEM) modules, developer kits, and engineering and development services.
Icron's technological innovations include its patented ExtremeUSB(R) technology which touches several large worldwide markets from industrial automation to medical devices, aerospace, computer networking and audio/video.
Icron is a publicly traded Canadian corporation and trades under the symbol "IT" on the TSX Venture Exchange. For information on the company and its products, please visit www.icron.com.
Intrinsyc provides unique software and hardware solutions that enable companies to cost-effectively create, network and manage a wide range of consumer and industrial specialized, intelligent devices. By leveraging Intrinsyc's products, engineering design services and systems integration expertise, customers make better decisions, improve productivity, and reduce time-to-market. Intrinsyc is a rapidly expanding, public company with global customers such as Microsoft, Intel, Philips, Siemens, IBM General Electric, Ford, and BEA Systems. To find out more about Intrinsyc, visit www.intrinsyc.com.
(2002 Icron Technologies Corporation. ExtremeUSB(R), USB Ranger(TM) are trademarks of Icron Technologies Corporation.
The Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from targeted results. The Company relies upon litigation protection for forward-looking statements.
Distributed by Filing Services Canada and retransmitted by Market Wire
For additional information please contact:
Icron Contact Details -
President and CEO
Tel Fax Email:
Intrinsyc Contact Details -
Chief Financial Officer
Tel Fax: Email:
Icron Investor Relations Contacts -
Cavalcanti Hume Funfer Inc. (CHF Inc.)
Cavalcanti Hume Funfer Inc. (CHF Inc.)
SOURCE: Icron Technologies Corporation