Press Releases

Intrinsyc Provides Update on Destinator Acquisition

Vancouver, BC – July 2, 2008 – Intrinsyc Software International, Inc. (TSX: ICS), a global wireless software solutions provider, today announced that it is the successful bidder to acquire certain assets of Destinator Technologies Inc. and certain of its affiliates (Destinator). Further to the Intrinsyc announcement on May 20, 2008, that the Company intended to acquire certain assets from Destinator subject to court and other approvals and conditions, no other party made a qualified bid for the assets of Destinator prior to the court ordered deadline. Destinator will make motions in the courts of Ontario and Delaware during the week of July 7, 2008, seeking vesting orders to approve the Intrinsyc offer, with closing to occur as soon thereafter as practicable.

Closing of the Destinator acquisition remains subject to the satisfaction of certain closing conditions. Intrinsyc continues to expect the transaction to close in July, 2008. Further announcements regarding the status and progress of the transaction will be made at appropriate junctures during the process.

About Intrinsyc Software International, Inc.

Intrinsyc provides software solutions that enable next-generation handheld products, including mobile handsets, smart phones, and embedded devices. The company’s products include the Soleus® software platform for converged device development and Destinator® navigation software. Combined with award winning Solutions Engineering and 12 years of systems integration expertise, these solutions help device makers, and silicon vendors deliver compelling mobile and embedded products with faster time-to-market and higher quality. Intrinsyc is a Microsoft Windows Embedded Gold Partner and a winner of Windows Embedded Excellence Awards in 2007 and 2008, a Nokia S60 and 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.

For more information, please contact:

Elizabeth Rosenbaum
Vice President, Corporate Marketing
Intrinsyc Software International, Inc.
Email: erosenbaum@intrinsyc.com
Phone: +1-604-632-3579

Investor Relations:

Mark Longo
Vice President, Corporate Development, General Counsel & Corporate Secretary
Intrinsyc Software International, Inc.
Email: mlongo@intrinsyc.com
Phone: +1-604-646-6951