Press Releases

Intrinsyc Officially Opens Permanent Taipei Office and Wins Wireless Services Engagement with Taiwan OEM

Intrinsyc Opens Taiwan Office to Support Soleus™ and Wireless Embedded Services in Asia and Inks First Taiwan-Based OEM to Engineering Services Agreement

Taipei, Taiwan and Vancouver, Canada – September 27, 2007 – Intrinsyc Software International, Inc. (TSX: ICS) today held the official opening of its Taipei, Taiwan office that will serve as its business and engineering hub, providing local Soleus™ software support and wireless engineering services to Asia-Pacific customers. This event was accompanied by the announcement of Intrinsyc Taiwan’s first engineering services agreement with a leading Taiwan-based Original Equipment Manufacturer (OEM) of wireless handheld devices.

“Today’s announcement of Intrinsyc’s first Taiwan-based wireless engineering services win, to be fulfilled by our Taiwan operation, is an important milestone for our business ramp in Asia. Supported by the opening of our Taipei office and a strong local engineering team, we provide our existing Soleus™ customers and prospective customers with a full wireless software and service offering that delivers greater flexibility, faster time to market and lower development costs,” said Glenda Dorchak, Chairman and CEO, Intrinsyc Software. “This operation will serve as an anchor for our business expansion in the region and will provide direct support for our Soleus™ customers as well as Microsoft® Windows® Mobile and other wireless system integration services. This customer win validates the strong market opportunity we see for a comprehensive wireless business offering in this region and the acknowledgement of Intrinsyc’s expertise by an industry leading OEM.” Financial terms of the agreement were not disclosed.

The official opening ceremony held in the Intrinsyc Taiwan office 6F-5, No. 408, Rui-Kung Road was attended by Ms. Dorchak and other Intrinsyc executives along with customers, business partners and representatives of the Taiwan and Canadian governments.

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.

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 under applicable Canadian securities legislation. Such forward-looking statements or information 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 may identify forward-looking statements or information. Persons reading this press release are cautioned that such statements or information are only predictions, and that the Company's actual future results or performance may be materially different. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to: the Company’s ability to continue to earn the revenue from Destinator products after the acquisition, and to integrate the acquired business into its own operations; the need to develop, integrate and deploy software solutions to meet our customer's requirements; the possibility of development or deployment difficulties or delays; the dependence on our customer's satisfaction; the timing of entering into significant contracts; our customers’ continued commitment to the deployment of our solutions; the risks involved in developing integrated software solutions and integrating them with third-party products and services; the performance of the global economy and growth in software industry sales; market acceptance of the Company’s products and services; customer and industry analyst perception of the Company and its technology vision and future prospects; the success of certain business combinations engaged in by the Company or by its competitors; political unrest or acts of war; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; concentration of sales; international operations and sales; management of growth and expansion; dependence upon key personnel and hiring; reliance on a limited number of suppliers; industry growth; competition; intellectual property; product defects and product liability; currency exchange rate risk; and including but not limited to other factors described in the Company’s reports filed on SEDAR, including its Annual Information Form and financial report for the year ended December 31, 2007. In drawing a conclusion or making a forecast or projection set out in the forward-looking information, the Company takes into account the following material factors and assumptions in addition to the above factors: the Company’s ability to execute on its business plan; the acceptance of the Company’s products and services by its customers; the timing of execution of outstanding or potential customer contracts by the Company; the sales opportunities available to the Company; the Company's subjective assessment of the likelihood of success of a sales lead or opportunity; the Company's historic ability to generate sales leads or opportunities; and that sales will be completed at or above the Company's estimated margins. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. All forward-looking statements made in this press release are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company will be realized. 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, except as required by law.

For more information, please contact:

Tracy Rawa
Intrinsyc Software International, Inc.
Email: trawa@intrinsyc.com
Phone: (604) 678-3311

Investor Relations:

Beverly Twing
Shelton Group Investor Relations
Email: btwing@sheltongroup.com
Phone: (972) 239-5119 ext.126

Murray Duncan
Intrinsyc Software International, Inc.
Email: mduncan@intrinsyc.com
Phone: (604) 646-7971