Press Releases
Soleus™ Ecosystem Brings Best-of-Breed ISV Mobile Applications to Converged Consumer Handsets
Soleus Software Platform Opens Mobile Consumer Markets to Independent Software Vendors
Vancouver, BC and Barcelona, Spain – February 11, 2008 – Intrinsyc Software International, Inc. (TSX: ICS), a global wireless software solutions provider, today announced that Picsel Technologies, VisualOn Inc. and Westtek LLC have signed alliance agreements and adapted their applications to further strengthen the Intrinsyc Soleus software platform. These applications add to a robust catalog already including industry leaders Avanquest Software, Esmertec AG, Implicit Software Solutions, Nuance Communications, Inc., Shape Services, Web Information Systems, Inc., and Winwap Technologies.
By leveraging the Soleus software platform, Independent Software Vendors (ISVs) of applications for Windows Embedded® CE, Windows Mobile, and other high-level operating systems can reach vast new consumer markets with minimal incremental development efforts. Using familiar Microsoft developer tools, Win32 APIs, and existing source code, developers can easily extend existing applications to a broader consumer-focused mobile handset market.
“By integrating our high-performance Jbed platform into Soleus, handset manufacturers benefit from a powerful Java platform, on which various content and services can be created and deployed across multiple devices,” said Thomas Hornung, CEO, Esmertec. “We are excited by the possibilities that the Soleus platform’s modular architecture and strong development tools provide for improving time to market for mobile devices.” Esmertec will be displaying a Jbed solution on the Soleus software platform in booth 1B07(1_0) during the Mobile World Congress (MWC) in Barcelona, Spain, February 11-14, 2008.
“As the Soleus SDK incorporates the industry standard Visual Studio 2005 for user interface (UI) development, our Windows Mobile platform developers felt right at home,” said Adrian Stevens, Director, Implicit Software Solutions. “With a common foundation of the Windows Embedded CE platform, we were able to port our mobile games to the Soleus software platform with minimal modification to our original source code. In short, porting from other Windows Embedded CE platforms to Soleus was refreshingly quick and straight forward.”
“By partnering with Intrinsyc, we can extend Picsel Browser into new consumer and personal-use handset markets,” said Bill Vanke, Executive Vice President and COO, North America, Picsel. “Thanks to the robust Soleus development toolkit and open architecture, we were able to adapt Picsel Browser to this new platform with minimal effort and resources.” Picsel will be exhibiting in booth 8A50(8) and 4.3HS12(4_3) at MWC.
“It is critical that OEMs and ODMs have the best and most widely-used applications to build their mobile devices,” said Sean Torsney, Vice President Sales & Marketing, VisualOn. “With the integration of VisualOn codecs onto the Soleus software platform, Intrinsyc and VisualOn are making it much simpler for handset manufacturers to innovate and cut time-to-market, which ultimately allows them to reduce production costs.”
“Today’s mobile consumers require more from their devices than just great call quality,” said Tim Wells, President, Westtek. “By teaming with Intrinsyc, Westtek will help to ensure that the Soleus software platform offers customers a complete, robust and user-friendly mobile workspace. The Soleus SDK allowed us to apply our extensive knowledge of Windows Embedded CE to the process – making the port a slam dunk!”
“Our developers have felt right at home with the Soleus SDK from the start,” said Mikael Krogius, CEO, Winwap Technologies. “Our current offerings for Soleus include the ported Browser and MMS Client applications as well as the Unified Inbox which was created specifically for Soleus. Our applications are integrated seamlessly into the Soleus software platform, allowing for the best possible user experience. Even though the applications and their backbone technologies are complicated and require a lot from the underlying platform, they could quickly be customized and integrated into Soleus”
New market-ready Soleus-based devices such as the MSI 5608 and prototype versions of the new Soleus capabilities will be demonstrated in the Intrinsyc meeting room 4.7HS01 at the Mobile World Congress 2008 in Barcelona, February 11-14, 2008. To arrange a specific time to meet with a member of the Intrinsyc management or development team, please contact pr@intrinsyc.com.
About Intrinsyc Software International, Inc.
Intrinsyc empowers device makers, mobile operators, and silicon vendors to deliver compelling, next generation mobile devices with faster time-to-market, higher quality, and differentiating innovation. Our customers and partners rely on our award-winning device development software and services and our industry-leading navigation software and location-based services solutions. Intrinsyc globally supports customers with solutions that span all major mobile operating systems and platforms, including Windows Embedded CE and Windows Mobile, Linux/Android, and Nokia/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
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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 under applicable Canadian securities legislation. Such forward-looking statements or information 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 may identify forward-looking statements or information. Persons reading this press release are cautioned that such statements or information are only predictions, and that the Company's actual future results or performance may be materially different. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to: the Company’s ability to continue to earn the revenue from Destinator products after the acquisition, and to integrate the acquired business into its own operations; the need to develop, integrate and deploy software solutions to meet our customer's requirements; the possibility of development or deployment difficulties or delays; the dependence on our customer's satisfaction; the timing of entering into significant contracts; our customers’ continued commitment to the deployment of our solutions; the risks involved in developing integrated software solutions and integrating them with third-party products and services; the performance of the global economy and growth in software industry sales; market acceptance of the Company’s products and services; customer and industry analyst perception of the Company and its technology vision and future prospects; the success of certain business combinations engaged in by the Company or by its competitors; political unrest or acts of war; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; concentration of sales; international operations and sales; management of growth and expansion; dependence upon key personnel and hiring; reliance on a limited number of suppliers; industry growth; competition; intellectual property; product defects and product liability; currency exchange rate risk; and including but not limited to other factors described in the Company’s reports filed on SEDAR, including its Annual Information Form and financial report for the year ended December 31, 2007. In drawing a conclusion or making a forecast or projection set out in the forward-looking information, the Company takes into account the following material factors and assumptions in addition to the above factors: the Company’s ability to execute on its business plan; the acceptance of the Company’s products and services by its customers; the timing of execution of outstanding or potential customer contracts by the Company; the sales opportunities available to the Company; the Company's subjective assessment of the likelihood of success of a sales lead or opportunity; the Company's historic ability to generate sales leads or opportunities; and that sales will be completed at or above the Company's estimated margins. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. All forward-looking statements made in this press release are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company will be realized. 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, except as required by law.
For more information, please contact:
Elizabeth Rosenbaum
Vice President, Corporate Marketing
Intrinsyc Software International, Inc.
Email: erosenbaum@intrinsyc.com
Phone: +1-604-632-3579
Investor Relations:
George Reznik
Chief Financial Officer & Corporate Secretary
Intrinsyc Software International, Inc.
Email: greznik@intrinsyc.com
Phone: +1-604-678-3734