Intrinsyc Software International, Inc.
TSX : ICS

Intrinsyc Software International, Inc.

December 19, 2006 19:00 ET

Intrinsyc Executive to Retire

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 19, 2006) - Intrinsyc Software International, Inc. (TSX:ICS), a mobility software and services company, today announced the retirement of Vincent Schiralli, President and COO of Intrinsyc.

A 38-year veteran in the software and telecommunications industry, Mr. Schiralli joined Intrinsyc in April 2003 and for most of his tenure with the Company has been responsible for running day-to-day operations.

"Intrinsyc has been very fortunate to have Vince's leadership over the last several years as he has been the principal driver in building Intrinsyc's operations and a key supporter of the Company's strategic investment in the Soleus™ software platform. His dedication, foresight and enthusiasm have contributed greatly to the Company's overall success," said Glenda Dorchak, CEO and Chairman of Intrinsyc. "On behalf of the Board and all of the employees of Intrinsyc, I would like to wish Vince all the best in his retirement. We are very pleased that he will remain on the Intrinsyc Board of Directors and continue to support the Company as an outside Director."

"My decision comes at a time when Intrinsyc is well positioned to win in the feature phone market. We have the right strategy to succeed and a strong management team under the leadership of Glenda Dorchak to deliver on that strategy," said Mr. Schiralli. "This is the right time for Intrinsyc to make the transition to the next generation of leadership and as a shareholder and Director I am very confident about the future success of the Company."

Mr. Schiralli has most recently been running the Company's corporate marketing and business development functions and will begin a transition process through to his official retirement date in March 2007.

About Intrinsyc Software International, Inc.

Intrinsyc is a mobility software and services company. Its mobile software products, engineering design services and systems integration expertise help customers make better decisions, improve productivity, and reduce time-to-market. Since 1996, Intrinsyc has built a strong customer base and has formed solid alliances with many leading technology companies including Microsoft, IBM, Intel, Philips, Siemens, Symbian, General Electric, Hand Held Products, Texas Instruments and Ford.

Named a Microsoft Gold Partner, Intrinsyc has extensive experience with the intricacies of designing, developing and supporting voice and data-enabled handsets built on Microsoft's Windows® CE operating system. Intrinsyc is also the creator and licensor of Soleus™, the world's first feature phone software platform based on Windows® CE. Soleus™ offers a new way to build mobile phones, providing pre-integration with leading hardware platforms, all the telephony essentials and pre-integration of the most popular data applications.

Intrinsyc is a publicly traded company, headquartered in Vancouver, Canada with additional regional offices in Bellevue, Washington; Singapore; Birmingham, UK; and Barbados. To find out more about Intrinsyc, visit: www.Intrinsyc.com.

Intrinsyc is a registered trademark of Intrinsyc Software International, Inc. All other trademarks are registered trademarks of the respective owners, and are hereby acknowledged.

Contact Information