Intrinsyc Software International, Inc.
TSX : ICS

Intrinsyc Software International, Inc.

November 15, 2006 18:58 ET

Intrinsyc Software Announces Board Resignation

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2006) - Intrinsyc Software International, Inc. (TSX:ICS) today announced that Mark McQueen, President and CEO of Wellington Financial LP, a privately-held specialty finance firm, has tendered his resignation from the Company's Board of Directors. Mr. McQueen served on the Company's Board of Directors for one year following his nomination on November 7, 2005.

Last week Intrinsyc announced that it had served notice of intent to repay Wellington Financial LP the $8 million principal outstanding under the Series A and Series B Secured Debentures funded on October 8, 2005.

"We would like to thank Mr. McQueen for his valuable contribution over the past year," said Glenda Dorchak, Chairman and CEO of Intrinsyc.

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.

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