Icron Issues Incentive Stock Options
BURNABY, BC, Nov. 8 /CNW/ - Icron Technologies Corporation (TSX Venture: IT), the developers of ExtremeUSB®, today announced that it has issued incentive stock options to employees, officers and directors
The Company will issue up to 503,000 options to purchase common shares at $0.33 per share. The options have a five year term and will vest over three years.
For further information, please contact:
Robert Haefling
Icron President and CEO
604-638-3924
About Icron Technologies Corp.
Icron Technologies (TSX-V:IT) is a global leader in the design and manufacturing of high-performance PC Video and USB extension solutions for commercial, medical and industrial markets. Icron's patented ExtremeUSB® technology extends the range of any USB peripheral device over Cat 5, Wireless, Fiber and Powerline, at distances up to 25 miles (40km). Icron's extension products are deployed in a wide range of applications including: digital home connectivity, industrial automation, medical imaging, aerospace, and KVM extension. Icron's ExtremeUSB® technology is available in a variety of formats including branded and private-label products, OEM modules, and Integrated Circuits.
Icron is a publicly traded corporation and trades under the symbol "IT" on the TSX Venture Exchange. For more information on the company and its products, please visit http://www.icron.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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 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.
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For further information:
Robert Haefling
Icron President and CEO
604-638-3924
[email protected]
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