| An SI Board Since August 1998 |
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Icron's primary business is contract electronics manufacturing services ("EMS"). Icron is developing a series of proprietary products that utilize the new Universal Serial Bus ("USB") personal computer communication standard to address the need for integrated communications systems for small and medium sized businesses. Icron plans to develop a single networking solution that will integrate all business communications appliances: data, voice and video devices, security systems and environmental controls. Icron believes that successful businesses in the new century will demand solutions that provide a seamless integration of all of their various communications requirements.
Icron's EMS business is carried out by its wholly owned subsidiary, Zybotix Technology Services Inc. ("Zybotix"). Zybotix provides contract manufacturing of printed circuit boards for kit jobs with customer supplied components, turnkey manufacturing services and production engineering. Zybotix specializes in Surface Mount Technology ("SMT") manufacturing and has some of the most modern SMT manufacturing equipment available in British Columbia. This equipment allows Zybotix to provide high manufacturing quality and high throughput capability to its customers.
Cardigan Capital Corp., an ASE listed company (CCC) announced on June 12, 1998 that its Major Transaction will be the acquisition of Icron on a 1:1 share exchange basis. The two entities will merge and carry on as Icron Systems Inc.
PS: CCC has held it's own. It started trading at 30 cents and got as hight as 60 cents before finding it's current niche which appears to be the 45 to 55 cent range.
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