Intrinsyc Software International, Inc.
TSX : ICS

Intrinsyc Software International, Inc.

November 20, 2007 11:00 ET

Intrinsyc Secures Fifth Soleus Win

Silicon Provider to Resell a Soleus™-based Solution to Design Manufacturers

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2007) - Intrinsyc Software International, Inc. (TSX:ICS), a global wireless software solutions provider, today announced that it has secured a solution win for its Soleus software platform with a silicon provider. The agreement will see the Soleus mobile handset platform bundled with the silicon provider's chips to provide a full high-level operating system (HLOS) solution. The Soleus-bundled chipsets are aimed to reach a variety of handset designers, enabling these manufacturers to achieve greater speed and flexibility in consumer multimedia wireless handset development. Intrinsyc is also providing engineering services to the silicon manufacturer to assist with various integration requirements. Financial terms of the agreement were not disclosed.

"As the first distribution deal with a silicon vendor, this agreement marks a major milestone for the Soleus software platform," said Mark Johnston, Executive Vice President and General Manager, Worldwide Sales and Business Development, Intrinsyc Software. "By bundling Intrinsyc's Soleus software with its chipsets, this manufacturer can offer a complete HLOS solution for consumer handset designers of any tier, which in turn could lead to an increase in the addressable market for the Soleus platform. The benefits of Soleus to Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) of handheld devices are clear - lower system design and engineering costs, faster time to market, and increased flexibility in customizing interfaces for specific consumer markets or network operators."

Soleus is a complete handheld software platform, with pre-certified telephony and a large application portfolio, which enables handset manufacturers to rapidly develop and deploy an array of wireless consumer devices. The intuitive Soleus User Interface (UI) Framework provides a rich development environment that enables device makers to quickly customize devices to meet operator handset requirements.

About Intrinsyc Software International, Inc.

Intrinsyc provides wireless software solutions that enable next-generation handheld products, including mobile handsets, smart phones and converged devices. The company's software products, engineering services, and years of expertise help device makers, 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 States, Taiwan and Barbados. www.intrinsyc.com.

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", "plan", "forecast", "project", "estimate" 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 geographic 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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