Intrinsyc Software Launches New Product Offerings
Strengthening Links Between Mobile and Embedded Solutions and Mobile Software Products Business Units
Vancouver, BC, September 2, 2005 - Intrinsyc Software International, Inc. (TSX:ICS) today announced that its Mobile and Embedded Solutions (MES) group has launched four new products that enable mobile device makers to start their development cycles earlier and take their products to market faster. These products take the form of Board Support Package (BSP) kits which provide the bridge between the embedded operating system and the target mobile hardware. Recent contracts awarded to Intrinsyc’s MES group totaling $1.9 million in the smartphone and related mobile and embedded market segments highlight the growing need for these types of discrete solution offerings.
Intrinsyc’s Windows Mobile BSP Kits and Windows CE BSP Kits leverage their core mobility software and early stage reports to accelerate customer development projects and improve key design decisions. Intrinsyc’s Power Management Kits identify and resolve power consumption issues resulting in the optimal end user experience. Intrinsyc’s Windows Mobile Quality Assurance Kits identify key design issues up-front resulting in early Windows CE Test Kit and Windows Logo Test Kit compliance.
With the release of these products, Intrinsyc’s MES group is continuing to address the growing demand for mobile telephony technology and professional service engagements, building on their successful iQuickStart product launched in May 2005. This complements Intrinsyc’s Mobile Software Products’ (MSP) development initiative that is focused on bringing Windows CE based “feature phones” to market.
“Our four new products reinforce the strong technical and business links between Intrinsyc’s MES and MSP groups”, said Derek Spratt, Intrinsyc CEO, “While our MSP feature phone initiative is targeting the largest mobile phone consumer market segment, our MES group addresses related derivative products.”
“Today’s announcement represents the next step in the MES group’s ongoing initiative to increase the volume of product sales in our revenue mix”, said David Manuel, VP Mobile and Embedded Solutions. “These products address our customers’ clear need to improve their time to market”, he said.
About Intrinsyc Software International, Inc.
Intrinsyc Software is a mobility software and services company. Our technologies and services allow companies to identify and create innovative solutions that make mobile devices connect and work. Intrinsyc Software’s unique experience enables companies to deliver winning mobile devices and solutions that build stronger and more profitable businesses.
Since 1996, Intrinsyc Software has used its innovations, creativity and technical agility to help over 2000 enterprise customers connect their applications together, and bring more than 200 leading-edge products to market. Intrinsyc Software has a strong customer base and has formed solid partner alliances with some of the leading technology companies in the world.
Intrinsyc Software is a publicly traded company, headquartered in Vancouver, Canada with additional regional development offices in Bellevue, Washington and Birmingham, UK. To find out more about Intrinsyc Software, visit: www.Intrinsyc.com.
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we do not produce today and that meet defined specifications. When used in this press release, the words “plan,” “expect,” “believe,” and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the pervasive computing market. In light of the many risks and uncertainties surrounding the pervasive computing market, you should understand that we couldn’t assure you that the forward-looking statements contained in this press release will be realized. The Company disclaims any intent or obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
Intrinsyc is a registered trademark of Intrinsyc Software International, Inc. All other trademarks are registered trademarks of the respective owners, and are hereby acknowledged.
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- Intrinsyc Software International, Inc.
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