Intrinsyc Announces DragonBoard(TM) Development Kit Based on the Qualcomm Snapdragon S4 Plus APQ8060A Processor Released to Market

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2012) - Intrinsyc Software International (TSX:ICS) ("Intrinsyc" or the "Company"), a leading developer of mobile and embedded products, announced today that it will be showcasing the recently announced DragonBoard™ Development Kit and Open-Q™ System-on-Module SOM, based on the Qualcomm Snapdragon™ S4 Plus APQ8060A processor, with product demonstrations and presentations at several upcoming embedded industry events, including:

• ARM TechCon™ (October 31 - November 1 - Qualcomm booth #412, Santa Clara Convention Center, Santa Clara, CA.) This event brings together ARM architecture experts and the largest contingency of ARM Connected Community Partners under one roof.

• Embedded Linux Conference Europe (November 5 - 7, 2012) - Qualcomm booth, Hotel Fira Palace, Barcelona, Spain.) The Embedded Linux Conference Europe (ELCE) is the premier vendor-neutral technical conference in Europe for companies and developers using Linux in embedded products. Embedded Linux Conference Europe 2012, in Barcelona, Spain.

• AnDevCon IV (December 6 - 7, 2012 - Intrinsyc Booth #540, Hyatt Regency Burlingame, CA.) AnDevCon IV is a technical conference for software developers building Android apps.

Intrinsyc has already begun shipping this DragonBoard Development Kit and Open-Q SOM based on the Qualcomm Snapdragon S4 Plus APQ8060A processor to a variety of embedded OEMs and software developers. Developers of embedded products can now evaluate, develop, test, and deploy products that utilize the Qualcomm Snapdragon S4 Plus APQ8060A processor.

Intrinsyc's OPEN-Q SOM supports the Linux Android high-level operating system and includes memory, peripherals and a leading edge low power and high performance Qualcomm Snapdragon S4 Plus APQ8060A processor. The processor is a complete system on a chip (SoC), providing an integrated asynchronous dual core CPU, Adreno™ 225 GPU, DSP, HD video compression, multi mega pixel cameras, dual HD displays and wireless connectivity which are all combined in a module ready for product integration.

The DragonBoard based on the Qualcomm Snapdragon S4 Plus APQ8060A processor is a full featured development platform that provides an ideal starting point for creating high-performance, low power products for vertically integrated industries, such as fitness equipment, digital signage, kiosks, video security appliance, medical devices and more. This DragonBoard includes the software tools and accessories required to immediately begin development.

"Since announcing our development of this DragonBoard and Open-Q System on Module, Intrinsyc has experienced positive interest from developers looking to develop embedded devices and applications utilizing the powerful Qualcomm Snapdragon S4 Plus APQ8060A processor," said Tracy Rees, Chief Executive Officer, Intrinsyc. "We are eager to present the advantages of the Qualcomm Snapdragon S4 Plus APQ8060A processor to a broader audience through a series of industry events targeting vertical embedded developers."

"The DragonBoard is an excellent resource for embedded device makers developing vertical solutions and they get the additional benefit of accelerated opportunities with the Open-Q SOM from Intrinsyc," said Tia Cassett, senior director of business development for Qualcomm Technologies, Inc. "These solutions, combined with Intrinsyc's promotional and technical support for the developer community, are helping grow demand for the Qualcomm Snapdragon S4 Plus APQ8060A processor."

Fiscal 2012 Third Quarter Financial Results Conference Call

The Company will release its fiscal third quarter financial results on Thursday, November 8, 2012 at 4:00 p.m. Eastern Time (1:00 p.m. Pacific Time). The company will hold a conference call to discuss the financial results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) the same day. On the call, Tracy Rees, President and Chief Executive Officer, and George Reznik, Chief Financial Officer, will discuss the financial results announced. This conference call may be accessed, toll-free, by dialing 1-866-226-1793, and internationally by dialing +1-416-340-2218 approximately 10 minutes prior to the start of the call. This conference line is operator assisted and an access PIN is not required. The conference call will also be broadcast live over the Internet and available for replay on the Company's Investor Relations Conference Calls web page (www.intrinsyc.com/investors/conference_calls.aspx). Analysts and investors are invited to participate on the call. Questions may be submitted to invest@intrinsyc.com prior to the call.

About Intrinsyc Software International, Inc.

Intrinsyc is a product development company that helps OEMs bring to market next generation intelligent connected devices, from smartphones and tablets, to emerging categories of embedded and Machine-to-Machine (M2M) solutions. Intrinsyc is helping to lead the way to a networked society with 50 billion intelligent connected devices expected by 2020. Intrinsyc is publicly traded (TSX:ICS) and is headquartered in Vancouver, Canada, with operations in Taiwan and the United States.

Intrinsyc and OPEN-Q are trademarks of Intrinsyc Software International, Inc.

Qualcomm, Snapdragon and Adreno are trademarks of Qualcomm Incorporated, registered in the United States and other countries. DragonBoard is a trademark of Qualcomm Incorporated. Other brand names may be trademarks or registered trademarks of their respective owners.