Press Releases
Intrinsyc Delivers Destinator Navigation Software to Leading Mobile Phone and Consumer Device Manufacturer
Software License Agreement Signed to Provide Destinator Navigation Software on a Series of Personal Navigation Devices
Vancouver, BC – September 19, 2008 – Intrinsyc Software International, Inc. (TSX: ICS), a global wireless software solutions provider, today announced it has signed a software license agreement (SLA) with a leading mobile phone and consumer device manufacturer to deliver Destinator® navigation software for use on a new series of personal navigation devices (PNDs). Under the terms of the agreement, Intrinsyc will customize and integrate its Destinator turn-by-turn navigation software, providing a complete GPS navigation solution to be used in the development of new PNDs.
“With the tremendous growth taking place for new GPS-enabled devices, we are proud that leading mobile phone and consumer device manufacturers are choosing our Destinator navigation software for their PNDs,” said Glenda Dorchak, Chairman and CEO, Intrinsyc. “Not only is Destinator navigation software designed for ultimate safety, it offers an intuitive user interface making it easy and simple for consumers to use. We look forward to working with this customer to enable our goal of bringing the benefits of location technology to the marketplace.”
Destinator navigation software sets new standards for driver safety, ease-of-use, rich content and user interface customization and is an ideal software solution for various types of PNDs, used for in-vehicle navigation and pedestrian-oriented content browsing. The software is targeted at PNDs, personal digital assistants (PDAs) and smartphones, with connectivity from cellular, Bluetooth, Wi-Fi and PC methods.
Financial terms of the agreement were not disclosed.
About Intrinsyc Software International, Inc.
Intrinsyc empowers device makers, mobile operators, and silicon vendors to deliver compelling, next generation mobile and 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. Intrinsyc is a 2009 winner of the Microsoft Windows Embedded Excellence Award. Intrinsyc is publicly traded (TSX: ICS) and headquartered in Vancouver, Canada, with offices in China, Taiwan, U.K. and the United States.
www.Intrinsyc.com
© Intrinsyc Software International, Inc. All rights reserved.
Intrinsyc, Soleus, Destinator and their respective logos are trademarks, registered and otherwise, of Intrinsyc Software International, Inc. in Canada, European Union, Taiwan, United States of America and other jurisdictions. Other products and services mentioned in this document are identified by the trademarks or service marks of their respective companies or organizations.
For more information, please contact:
George Reznik
Chief Financial Officer & Corporate Secretary
Email: greznik@intrinsyc.com
Phone: +1-604-678-3734