Intrinsyc Software International, Inc.
TSX : ICS

Intrinsyc Software International, Inc.

October 12, 2007 08:55 ET

Intrinsyc Appoints Wireless Industry Executive to Board of Directors

Ketan Kamdar, Vice President, Mobile Platforms Group, Broadcom, Brings Strong Relationships and Wireless Experience to Intrinsyc's Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2007) - Intrinsyc Software International, Inc. (TSX:ICS), a global mobile software and services company, today announced that Mr. Ketan Kamdar, Vice President, Strategic Planning and Network Operators, Mobile Platforms Group at Broadcom Corp., has been appointed to serve on Intrinsyc's board of directors, effective immediately.

"We are extremely pleased to welcome Ketan to our board," said Glenda Dorchak, Chairman and Chief Executive Officer, Intrinsyc Software. "His experience and deep industry relationships with wireless service providers and device makers will enable him to be a strong advisor as Intrinsyc pursues opportunities to build strategic global partnerships around the Soleus development platform."

Mr. Kamdar has more than fifteen years of experience in the wireless networking and communication industry. He joined Broadcom in April 2005 and currently serves as a Vice President responsible for Strategic Business Development with OEMs and ODMs, as well as interfacing worldwide with network operators, representing the Mobile Platforms and Wireless Connectivity Groups. Prior to Broadcom, he held several senior engineering and operational roles at AT&T Wireless/Cingular Wireless, most recently as the Vice President of the Device Development Group where he had corporate responsibility for directing, defining and commercializing mobile phones.

"I am excited to join Intrinsyc's board at this dynamic time in the Company's stage of growth," commented Mr. Kamdar. "Intrinsyc is developing Soleus to address the rapidly growing consumer multimedia mobile platform market. I look forward to guiding Intrinsyc on how to maximize the potential of the flexible Soleus platform for customers and partners."

Mr. Kamdar holds a Masters Degree in Electrical Engineering from Virginia Polytechnic Institute and State University, and earned his Bachelors Degree in Electronics and Telecommunications Engineering from Bombay University.

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 Microsoft® 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", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking statements. Estimates made regarding future results assume the Company will continue to generate business for its engineering services at historical rates. If demand for the Company's services declines, or demand for engineering services declines generally, revenue will be further affected. Additionally, any statements made pertaining to growth potential within a specific geographical region are made based upon current knowledge and understanding of the market environments and are subject to the risks and uncertainties applicable to each market region and the probability of adopting Intrinsyc's technology and/or utilizing the Company's engineering services. Persons reading this press release are cautioned that such statements are only predictions, and that the Company's actual future results or 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.

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.

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