BURNABY, B.C., July 15, 2009 - Icron Technologies (TSX Venture: IT), the leading provider of USB extension solutions, announces that it has entered into an agreement to appoint Robert Haefling as its new President and CEO.
Robert Haefling will lead Icron through its next phase of growth as the company broadens from successful USB extension markets into Video+USB extension market opportunities.
brings strong Silicon Valley connections plus extensive experience in various sectors of the technology industry from semiconductor to software and computer component and peripherals.
"We conducted a thorough North American wide search for a new CEO and have selected Robert Haefling
as the best possible candidate to continue to grow our company.
Robert has over twenty years of experience in the tech sector with proven leadership capabilities and we are very pleased to have him join our management team," said Kelly Edmison, Chairman for Icron.
has broad executive management experience in product strategy, global marketing, sales, and business development; and has been successful in driving technology adaptation and development of supporting ecosystem strategies.
Prior to accepting the position with Icron, Mr. Haefling was General Manager and Group Vice President with ST Microelectronics and previously held positions as CEO with Meridian Audio Group, GM and VP with Genesis Microchip, VP with Sage Inc., and Director with Bell Microproducts.
He started his career with Texas Instruments after earning a Bachelor Degree in Business Administration and Finance from the University of North Texas.
"I am very impressed with Icron's
technology as well as its management team," said Robert Haefling
has demonstrated strong technology leadership in the USB extension market.
The next phase of growth will be exciting as we build upon our success and accelerate growth in existing and new markets.
I'm excited for the opportunity to lead the company and its outstanding team.
Mr. Haefling will initially join Icron on August 10, 2009 as a Management Consultant, with his formal appointment to CEO to be confirmed upon approval by Immigration Canada.
The Company will issue Mr. Haefling
440,000 options to purchase common shares at $0.30 per share and an additional 550,000 options at a price of $0.75 per share.