Intrinsyc Software International, Inc.
TSX : ICS

Intrinsyc Software International, Inc.

November 02, 2006 08:00 ET

Intrinsyc Software Appoints Global Sales and Marketing Executive

Seasoned industry executive, Mark W. Johnston, to lead Intrinsyc's worldwide sales and technical marketing

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 2, 2006) - Intrinsyc Software International, Inc. (TSX:ICS), a mobility software and services company, today announced the appointed Mark W. Johnston to the role of Vice President and General Manager, Worldwide Sales and Technical Marketing. Mr. Johnston will be responsible for leading the company's worldwide sales and marketing activities. The appointment is effective immediately.

"Mark has a superb track record in the mobility industry, including extensive experience in Asia with a broad range of handheld and cellular applications," said Glenda Dorchak, Intrinsyc Chairman and Chief Executive Officer. "His proven success at Intel serving a diverse base of global clients makes him a great fit for our customers. He will play an integral role at Intrinsyc as we focus on our goal to be the leading enabler of next generation handheld products. We are proud to welcome Mark to our executive team."

Mr. Johnston joins Intrinsyc as a 22-year Intel Corporation veteran, with broad sales and marketing experience. Most recently, Mr. Johnston held global leadership roles in support of Intel's wired and wireless communications businesses, including Director, Worldwide Technical Sales and Support; Director, Global Marketing for the Cellular and Handheld Products Group; and General Manager, Communications Sales and Marketing for Asia Pacific. He began his career in 1984 with Intel in Canada, holding technical support and strategic sales positions. For the last 10 years he has been in management positions focused on Intel sales to the industry leaders in handheld and communications technology products. Mr. Johnston has degrees in Physics and Mathematics. He completed his undergraduate studies at Miami University in Oxford, Ohio and graduate work at Rice University in Houston, Texas.

"Intrinsyc has the technical know-how and product positioning to take advantage of the significant growth underway in key segments of the handheld market," said Mr. Johnston. "I view this as a unique opportunity to work with an industry innovator and look forward to leading the sales organization through this exciting period of growth. In the coming year I plan to expand our engineering services business, establishing Soleus™ as a de-facto high-level operating system platform, and forge mutual success with our customers and partners."

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.

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 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.

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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