Quanta Computer Licences Intrinsyc's Soleus(TM) Platform
Intrinsyc Software Signs Fourth Soleus Software Licence Agreement
VANCOUVER, BRITISH COLUMBIA AND TAIPEI, TAIWAN -- (MARKET WIRE) --
11/13/07 -- Intrinsyc Software International, Inc. (TSX: ICS), a
global wireless software solutions provider, today announced that
Quanta Computer Inc., the world's largest notebook computer Original
Design Manufacturer (ODM), has entered into an agreement to licence
the Soleus mobile handset platform. Quanta is using Soleus to develop
a Third Generation (3G)/High-Speed Downlink Packet Access (HSDPA)
mobile device, expected to be a breakthrough in the design concept
and user experience of today's wireless communications electronics.
Quanta has also engaged Intrinsyc's wireless engineering services to
support development and accelerate this product's time to market,
which is expected to be in the third quarter of 2008. This marks the
fourth Soleus SLA in 2007.
"We are very pleased that Quanta chose Soleus as the software
platform for this innovative new product," said Glenda Dorchak,
Chairman and Chief Executive Officer, Intrinsyc Software. "This
engagement draws on Intrinsyc's Soleus software strength and the
wireless systems integration expertise provided by our Taipei-based
operation. This engagement also validates Soleus' flexibility in
enabling a wide range of wireless products, which now include this
high-end 3G/HSDPA mobile device, personal navigation connected
devices, a GPS-capable phone, and a handset that supports the new
Mobile Digital TV (MDTV) standard."
"To satisfy our customer's requirements, we needed a software
platform that would allow our engineers to scale features and
customize future devices into a complete product line," said Dr.
George Chiou, R&D Sr. Director of Wireless Business Unit at Quanta
Computer. "The Soleus platform gives us a very flexible and versatile
software foundation with pre-certified telephony and pre-integrated
applications. Our engineers see great potential in Soleus'
architecture and intuitive UI Framework, which quickly delivers a
high level of integration and flexibility in software customization;
features that many of our customers require."
By leveraging the turnkey Soleus platform, Quanta will reduce the
project's time-to-market, lower its bill-of-materials (BOM) cost, and
make the device upgradable from Windows(R) Embedded CE 5.0 to CE 6.0.
Intrinsyc has also won an engineering services engagement to support
Quanta's development team with the integration of the Windows
Embedded CE operating system software and its 3G/HSDPA hardware
platform. Both the software engagement and engineering services will
be provided by Intrinsyc's Taiwan operation, with support from
Vancouver, BC and Bellevue, WA. Further details on the 3G/HSDPA
mobile device will be made available upon product release. Financial
terms of the agreement were not disclosed.
Quanta Computer is a Fortune Global 500 Company that is an industry
leader in providing technology products to many of the world's most
prestigious electronics companies through ODM and EMS business
models. Quanta also holds the distinction as the world's largest
manufacturer of notebook computers with around 30% market share
worldwide. Products that the Company provides range from information,
communication, networking, consumer electronics and car electronics
Founded in 1988, Quanta is headquartered in Taiwan and has major
operations set up in Asia, America and Europe. The Company employs
over 40,000 employees worldwide. The revenue for Quanta Computer Inc.
during the last fiscal year, 2006, was US$14 billion. For further
information, please visit Quanta's website at
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,
engineering services, and years of expertise help device makers,
service providers, and silicon providers deliver compelling wireless
products with faster time-to-market and improved development cost.
Intrinsyc is the licensor of the Soleus(TM) platform based on
Windows(R) Embedded CE for consumer handset development. Intrinsyc is
a Microsoft(R) Windows(R) Embedded Gold Partner, the 2007 Windows
Embedded Excellence Award winner for System Integrator, and a Symbian
Platinum Partner. Intrinsyc is publicly traded on the Toronto Stock
Exchange (symbol: ICS) and headquartered in Vancouver, Canada with
regional offices in, the United States, Taiwan and Barbados.
Intrinsyc and Intrinsyc logo are registered trademarks, and Soleus
and Soleus logo are trademarks in Canada, the European Community and
the U.S.A. of Intrinsyc Software International, Inc. All other marks
are the trademarks of the respective owners and are hereby
Forward Looking Statements
This press release contains statements, which to the extent that they
are not recitations of historical fact may constitute forward-looking
information. Such forward-looking statements may include financial
and other projections as well as statements regarding the Company's
future plans, objectives, performance, revenues, growth, profits,
operating expenses or the Company's underlying assumptions. The words
"may", "would", "could", "will", "likely", "expect", "anticipate",
"intend", "plan", "forecast", "project", "estimate" and "believe" or
other similar words and phrases are intended to identify
forward-looking statements. Estimates made regarding future results
assume the Company will continue to generate business for its
engineering services at historical rates. If demand for the Company's
services declines, or demand for engineering services declines
generally, revenue will be further affected. Additionally, any
statements made pertaining to growth potential within a specific
geographical regional are made based upon current knowledge and
understanding of the market environments and are subject to the risks
and uncertainties applicable to each market region and the
probability of adopting Intrinsyc's technology and/or utilizing the
Company's engineering services. Persons reading this press release
are cautioned that such statements are only predictions, and that the
Company's actual future results or performance may be materially
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. These risks and uncertainties include the
risk factors set out in the Company's Annual Information Form. The
Company disclaims any intention or obligation to update or revise
forward-looking information, whether as a result of new information,
future events or otherwise.
Intrinsyc Software International, Inc.
Intrinsyc Software International, Inc.
(972) 239-5119 ext.126
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