Intrinsyc Software International, Inc.
TSX : ICS

Intrinsyc Software International, Inc.

June 06, 2007 08:01 ET

Intrinsyc Announces Changes to Senior Management

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2007) - Intrinsyc Software International, Inc. (the "Company") (TSX:ICS) announced today that Andrew Morden, Chief Financial Officer, has submitted his resignation as CFO of the Company effective July 22, 2007. "We are disappointed that Andy has made the decision to leave Intrinsyc but are grateful for his past contributions to the Company and in particular for his work in bringing the Company to its current financially sound position," said Glenda Dorchak, Chairman and CEO. "We wish him every success as he pursues new challenges." Upon Mr. Morden's departure the Company's current Director of Finance, Mr. David Fischer, Chartered Accountant, will assume the role of acting CFO reporting to Ms. Dorchak.

About Intrinsyc Software International, Inc.

Intrinsyc is a leader in software and services that enable next-generation handheld and embedded products, including mobile handsets, smart phones and converged devices. The company's mobile software products, engineering services, and years of expertise help OEMs, service providers, and silicon providers deliver compelling wireless products with faster time-to-market and improved development cost. Intrinsyc is the licensor of the Soleus™ platform based on Windows® Embedded CE for consumer handset development. Intrinsyc is a Windows® Embedded Gold Partner, the 2007 Windows Embedded Excellence Award winner for System Integrator, and a Symbian Platinum Partner. Intrinsyc is publicly traded on the Toronto Stock Exchange (symbol: ICS) and headquartered in Vancouver, Canada with regional offices in the United Kingdom, the United States, Taiwan and Barbados.

Intrinsyc and Intrinsyc logo are registered trademarks, and Soleus and Soleus logo are trademarks in Canada, the European Community and the U.S.A. of Intrinsyc Software International, Inc. All other marks are the trademarks of the respective owners and are hereby acknowledged.

Forward-Looking Statements

This press release contains statements which, to the extent that they are not recitations of historical fact may constitute forward-looking information. Such forward-looking statements may include financial and other projections as well as statements regarding the Company's future plans, objectives, performance, revenues, growth, profits, operating expenses or the Company's underlying assumptions. The words "may", "would", "could", "will", "likely", "expect", "anticipate", "intend", "estimate", "intend", "plan", "forecast", "project", "estimate" and "believe" or other similar words and phrases are intended to identify forward-looking statements. Persons reading this press release are cautioned that such statements are only predictions, and that the Company's actual future results of performance may be materially different.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include the risk factors set out in the Company's Annual Information Form. Forward-looking statements regarding affairs other than
the Company's are subject to further risks and uncertainties that the Company may not be aware of.

The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Contact Information