Intrinsyc Announces Change in Management

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 20, 2013) - Intrinsyc Software International, Inc. ("Intrinsyc" or the "Company") (TSX:ICS), a leading provider of solutions for the development of embedded and wireless devices, announced that Alkarim Kassam, Vice President, Global Engineering, will be leaving Intrinsyc, effective October 31, 2013. Mr. Kassam has been with Intrinsyc since November 2005, and served in his current capacity since May 2010. "Alkarim had a major role in the development of our world class engineering team and the successful development of more than 250 customer projects during his tenure with the Company," said Tracy Rees, Intrinsyc's CEO. "As a result, the Company has a strong engineering team to continue with our product development services and development of embedded computing products."

About Intrinsyc Software International, Inc.

Intrinsyc Software International, Inc. (www.intrinsyc.com) is a product development company that provides hardware, software, and service solutions that enable next-generation embedded and wireless products. Solutions span the development life cycle from concept to production and help device makers and technology suppliers create compelling differentiated products with faster time-to-market. Intrinsyc is publicly traded (TSX:ICS) and is headquartered in Vancouver, BC, Canada.