Intrinsyc (TSX: ITC and OTC: ISYRF) Receives New Sales Order Valued at US$604,000
Company to Provide Product Development Services for Leading Communications and Collaboration Company
VANCOUVER, BC – July 10, 2018 –– 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 the receipt of an order, valued at US$604,000. Intrinsyc will provide product development services for a leading communications and collaboration company. Intrinsyc’s Open-Q™ 835 system on module (“μSOM”) will be the starting point for their new product design. The Open-Q™ 835 μSOM is an ultra-compact (50mm x 25mm), premium-performance, production-ready embedded computing module.
“The recently introduced Open-Q 835 μSOM is generating interest from IoT device makers that need leading edge computing power to drive innovative features, such as advanced 3-D graphics, lifelike virtual reality (“VR”) and augmented reality (“AR”) experiences, advanced machine learning technology, or the ultimate in photography and videography,” stated Mark Waldenberg, Vice President Global Sales, Intrinsyc.
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 1,200 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 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 Taipei, Taiwan, and Bangalore, India.
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Intrinsyc Technologies Corporation