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Technology Stocks : Icron Systems Inc. (ICM.A) -- Ignore unavailable to you. Want to Upgrade?

To: Juraj (Yuri) Krajci who wrote (5)	4/17/1999 2:45:00 AM
From: Tajir	Read Replies (1) \| Respond to of 65

The idea is great but the question is when will the product be ready for commercial release. Hopefully before the competition. Yes! there is always competition. Great Idea, maybe great Product, but a very static stock. Looking forward to some real news and some movement. Tajir

To: Juraj (Yuri) Krajci who wrote (5)	5/11/1999 4:19:00 PM
From: Juraj (Yuri) Krajci	Read Replies (2) \| Respond to of 65

ICRON ANNOUNCES $2,600,000 PROSPECTUS OFFERING May 11th, 1999 FOR IMMEDIATE RELEASE Contact: David Dunnison Tel: (604) 517-6600 Ext: 225 Fax: (604) 517-6610 ICRON ANNOUNCES $2,600,000 PROSPECTUS OFFERING Icron Systems Inc. ASE: ICM Icron Systems Inc. is pleased to announce that it has entered into a preliminary letter of intent with Canaccord Capital Corporation (the "Agent") to carry out a $2,600,000 "best efforts" prospectus offering of units consisting of one common share and one half of one common share purchase warrant ("Warrant"). Pricing of the units will be settled prior to the filing of the final prospectus. Each whole Warrant will entitle the holder to purchase an additional common share for a period of one year from the closing of the offering. The exercise price of the Warrants will be determined in conjunction with the pricing of the offering. The Agent has agreed to act as agent for the offering on a best efforts basis and shall be entitled to a cash commission of 8% of the gross proceeds of the offering, an option to purchase 10% of the units subscribed for under the offering and a corporate finance fee of 100,000 common shares. The Agent will also be granted an option to purchase up to an additional 15% of the units subscribed for under the offering to cover over-allotments, if any. David Dunnison, Icron's Vice President of Business Development, stated, " We are very pleased to be working with a firm with the reputation and capabilities of Canaccord. We regard this agreement as a strong endorsement of Icron's new extended range USB technology and a vote of confidence for our business plan. This financing will allow Icron to move forward with the product development and marketing of our exciting USB extended range products." Icron is developing extended range Universal Serial Bus (USB) technology that it intends to integrate into a series of networking products. These products are expected to address a perceived need for integrated communications systems for small and medium sized businesses. Icron Manufacturing Inc., a wholly owned subsidiary of Icron, is one of western Canada's most advanced contract electronics manufacturing services providers. The company offers a full spectrum of manufacturing services from consignment jobs to turnkey manufacturing. NOTE: The company relies on litigation protection for "forward-looking" statements. THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN