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Intrinsyc Announces Shipment of GPS-E Soleus(R) Transit Device(Market Wire Via Acquire Media NewsEdge) VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 09/29/09 -- Intrinsyc Software International, Inc. (TSX: ICS), a leading provider of solutions for mobile and embedded devices, today announced that Hong Kong-based GPS Technologies Company, Ltd. (GPS-E) began shipping a connected PND (cPND) running on the Soleus® Transit software platform. In November 2008, GPS-E licensed Soleus Transit, a turnkey software platform optimized for the development of connected personal navigation devices. Soleus Transit allows device makers to add compelling features that enable innovative and differentiated devices while significantly reducing development time and costs. "By utilizing the deep functionality of Soleus Transit, the flexibility of the Soleus Framework, and leveraging the Intrinsyc expertise in navigation software development, telephony and systems integration, GPS-E is able to deliver a high-performance, cost-effective connected PND to the market in a timely manner," said Souheil Gallouzi, Senior Vice President and General Manager of Mobile Products Development, Intrinsyc. "The GPS-E development teams did an exceptional job leveraging the many features of Soleus Transit to seamlessly integrate connectivity features with the Destinator navigation software." "Soleus Transit enabled us to rapidly develop and launch an innovative, connected PND in just months," said Hoyt Bi, R&D Director of GPS Technology Co., Ltd. "Fully-integrated telephony allowed us to offer features that provide a unique value to our customers such as the ability to browse through a list of contacts or text messaging inbox to choose a destination address." Built on Microsoft Windows® Embedded CE, Soleus Transit includes a pre-certified telephony stack, intuitive user interface (UI) framework, applications library and supports the Destinator navigation application on a platform optimized for building connected navigation devices. Soleus Transit enables OEMs to pick and choose the connectivity options requested most by their customers and integrates with Microsoft Visual Studio and Platform Builder for a powerful, easy-to-use solution. Financial terms of the agreement were not disclosed. About GPS-E GPS-E Limited was established in 2006. We specialize in the development, manufacturing and sales of Personal Navigation Devices. Our major sales markets include USA / EMEA and South East Asia. Backed by our experienced 60 member R&D team plus a strong project management team, we are able to efficiently and effectively provide our customers with continuous high quality standard but yet cost competitive products. Also with our well established 31 SMT lines, 20 assembly lines, 32 plastic injection machines, you can be sure we will be able to meet all of your manufacturing needs. www.gps-e.com About Intrinsyc Software International, Inc. Intrinsyc empowers device makers, mobile operators, and silicon vendors to deliver compelling, next generation mobile and embedded devices with faster time-to-market, higher quality, and differentiating innovation. Our customers and partners rely on our award-winning device development solutions and our industry-leading navigation software and LBS solutions. We globally support our customers with solutions that span all major mobile operating systems and platforms, including Windows Embedded CE and Windows Mobile, Linux, Android, and Symbian. Intrinsyc is publicly traded (TSX: ICS) and headquartered in Vancouver, Canada, with offices in China, Israel, Taiwan, U.K. and the United States. www.intrinsyc.com. Contacts: Intrinsyc Software International, Inc. Elizabeth Rosenbaum Vice President, Corporate Marketing +1-604-632-3579 Email: [email protected] Intrinsyc Software International, Inc. - Investor Relations George Reznik Chief Financial Officer +1-604-678-3734 Email: [email protected] Website: www.intrinsyc.com |