Intrinsyc Achieves New Production Win for Open-Q™ 410 System on Module
Initial Order is valued at US$470,000
VANCOUVER, BC – December 14, 2017 –– Intrinsyc Technologies Corporation (TSX: ITC and OTC: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced a new production win and the receipt of an initial order valued at US$470,000. Intrinsyc’s Open-Q™ 410 System on Module (“SOM”) will be used in a camera based IoT product.
The Open-Q™ 410 SOM is a powerful, miniature, and cost effective embedded computing platform that enables the rapid commercial production of intelligent connected products across a variety of embedded computing and IoT industries. Products such as robotics, cameras, medical devices, vending machines, building and home automation, and industrial control, are just some of the examples that will benefit from this best in class platform.
“We are pleased to add to our growing list of clients using Intrinsyc’s performance leading embedded computing modules to power their IoT devices,” stated Mark Waldenberg, Vice President Global Sales, Intrinsyc Technologies Corporation. “Intrinsyc provides a full line of embedded computing module solutions that are distinguished by industry leading processing power and efficiency, robust platform software, and the highest level of quality and reliability.”
About Intrinsyc Technologies Corporation
Intrinsyc Technologies Corporation is a product development company that combines production-ready computing engines with unmatched product development expertise to enable rapid commercialization of embedded and Internet of Things (“IoT”) products. Intrinsyc has successfully delivered over 1,100 projects from mobile phones and tablets to IoT products like robotics, wearables, connected cameras, augmented reality glasses, and many more. Intrinsyc’s Open-Q™ System on Modules incorporate the industry’s most advanced processor technology available, and help OEMs to rapidly bring industry leading products, with rich functionality and high performance, to market. Intrinsyc is publicly traded (TSX: ITC and OTC: ISYRF) and is headquartered in Vancouver, BC, Canada, with additional product development centers in Boulder, CO, and Taipei, Taiwan.
For more information, please contact:
Senior Marketing Communications Coordinator
Intrinsyc Technologies Corporation