Intrinsyc and NAVTEQ Sign Map Distribution Deal

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- Jul 16, 2008 -- Intrinsyc Software International, Inc. (TSX: ICS), a global wireless software solutions provider, today announced the signing of a multi-year agreement establishing a sales relationship with NAVTEQ, a global leader in premium-quality digital map data. The new Intrinsyc - NAVTEQ agreement will see NAVTEQ map content bundled with Intrinsyc navigation software. Intrinsyc recently purchased strategic assets of Destinator Technologies Inc., a leading provider of wireless software for global positioning system (GPS) devices and navigation software for wireless handsets.

"We are pleased to enter into an agreement with Intrinsyc that allows us to continue providing map data for Destinator-based navigation devices," said Jeff Mize, Executive Vice President Sales, NAVTEQ. "NAVTEQ maps are found in in-vehicle navigation systems, Internet-based mapping applications and mobile navigation devices; Intrinsyc offers device makers advanced navigation software, a proven platform for mobile handset development, and the engineering expertise to put it all together. Together, NAVTEQ and Intrinsyc create a powerful combination to drive the next generation of GPS-enabled wireless handsets and personal navigation devices."

The Intrinsyc-NAVTEQ relationship provides wireless device makers with a single source for NAVTEQ digital maps, Destinator navigation software, and the Soleus software platform for wireless handheld development. Device makers will further benefit from Intrinsyc's world-class wireless engineering services, including systems integration, Board Support Package (BSP) development, and power management. And with NAVTEQ, end-users receive quality, comprehensive map data.

"NAVTEQ is a world leader in premium-quality digital map data, and delivers the critical breadth of geographic coverage required by our customers," said Souheil Gallouzi, Vice President & General Manager of Mobile Products & Development, Intrinsyc Software. "This agreement strengthens our relationship with NAVTEQ, and also provides a great platform for long term business growth. Soleus and Destinator technology greatly speed the development of connected GPS-enabled navigation devices that can deliver mobile phone capabilities, real-time access to traffic reports and Location Based Services (LBS). High quality NAVTEQ digital map data completes this offering."

About NAVTEQ

NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has more than 3,600 employees located in 187 offices and in 39 countries.

About Intrinsyc Software International, Inc.

Intrinsyc provides wireless software solutions that enable next-generation handheld products, including mobile handsets, smart phones, and converged devices. The company's software products include the Soleus™ software platform for consumer device development and the recently acquired Destinator® GPS/navigation technologies. Combined with award winning engineering services and years of systems integration expertise, these solutions help device makers, service providers, and silicon vendors deliver compelling wireless products with faster time-to-market and improved development cost. Intrinsyc is a Microsoft® Windows Embedded Gold Partner and a winner of Windows Embedded Excellence Awards in 2007 and 2008, a Symbian Competence Center and Symbian Platinum Partner. 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.

© 2008 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.

Contacts:
Intrinsyc Software International, Inc.
Brad Zaytsoff
(604) 648-4038
Email: 
Email Contact

Intrinsyc Software International, Inc.
Tracy Rawa
Investor Relations
(604) 678-3311
Email: 
Email Contact

Intrinsyc Software International, Inc.
Murray Duncan
(604) 646-7971
Email: 
Email Contact
Website: 
www.intrinsyc.com





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