Press Releases
Intrinsyc Signs Agreement with Leading OEM to License Destinator® for Touch-screen Handset
Destinator Navigation Software Chosen for New Windows Mobile Device for Select Asian and Latin American Markets
Vancouver, BC – November 21, 2008 – Intrinsyc Software International, Inc. (TSX: ICS), a leading provider of software solutions for mobile and embedded devices, today announced the signing of a software license agreement with a leading mobile phone and consumer device manufacturer. Intrinsyc will leverage its technology and Solutions Engineering expertise to customize and integrate its Destinator software to provide a complete navigation solution for a GPS-enabled Windows Mobile handset. The handset is being developed for select markets in Asia and Latin America. It will feature a full touch-screen and come pre-loaded with country-specific maps and language support.
“Consumers around the globe are expecting more from their handheld devices, and providing easy-to-use GPS capabilities is a key differentiating factor that drives their purchasing decisions,” said Souheil Gallouzi, Senior Vice President & General Manager, Mobile Products & Development, Intrinsyc. “This is the second Destinator software license agreement Intrinsyc announced this week, which demonstrates the accelerating demand for navigation solutions and the value of our Destinator software.”
Destinator navigation software sets new standards for driver safety, ease-of-use, rich content and user interface customization. The software delivers world-class turn-by-turn navigation with market–leading safety features for personal navigation devices (PNDs), personal digital assistants (PDAs) and smartphones, while also providing cellular, Bluetooth, Wi-Fi and PC connectivity. Destinator is an ideal software solution for in-vehicle and pedestrian-oriented navigation and content browsing.
Financial terms of the license agreement were not disclosed.
About Intrinsyc Software International, Inc.
Intrinsyc provides software solutions that enable next-generation handheld products, including mobile handsets, smart phones, and embedded devices. The company’s products include the Soleus® software platform for converged device development and Destinator® navigation software. Combined with award winning Solutions Engineering and 12 years of systems integration expertise, these solutions help device makers, and silicon vendors deliver compelling mobile and embedded products with faster time-to-market and higher quality. Intrinsyc is a Microsoft Windows Embedded Gold Partner and a winner of Windows Embedded Excellence Awards in 2007 and 2008, a Nokia S60 and Symbian Competence Center and Symbian Platinum Partner. Intrinsyc is publicly traded (TSX: ICS) and headquartered in Vancouver, Canada, with offices in China, Israel, Taiwan, U.K., and the United States.
www.Intrinsyc.com
© 2008 Intrinsyc Software International, Inc. All rights reserved.
Intrinsyc, Soleus, Destinator and their respective logos are trademarks, registered and otherwise, of Intrinsyc Software International, Inc. in Canada, European Union, Taiwan, United States of America and other jurisdictions. Other products and services mentioned in this document are identified by the trademarks or service marks of their respective companies or organizations.
For more information, please contact:
Elizabeth Rosenbaum
Vice President, Corporate Marketing
Intrinsyc Software International, Inc.
Email: erosenbaum@intrinsyc.com
Phone: +1-604-632-3579
Investor Relations:
Mark Longo
Vice President, Corporate Development & General Counsel
Intrinsyc Software International, Inc.
Email: mlongo@intrinsyc.com
Phone: +1-604-646-6951