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Ginwave Signs MOU to Evaluate Soleus for Mobile Phone Designs
Second company to assess Intrinsyc's Soleus™ mobile phone software platform for custom handset design offerings
Vancouver, Canada and Shenzhen, China, June 29 2006, Intrinsyc Software International, Inc. (TSX:ICS), a mobility software and services company, and Ginwave Technologies Ltd. ("Ginwave"), an independent design centre, today announce they have signed a Memorandum of Understanding (MOU) to evaluate Soleus™ for use in custom mobile phone designs. Soleus is a Microsoft® Windows™ CE-based mobile phone software platform created by Intrinsyc that offers a faster and more cost-effective way to develop handsets. In the MOU, Ginwave commits to assessing the customizability and low cost benefits that Soleus offers as a software platform for developing multiple feature-rich mobile phones. The goal of both companies is to explore the development of Soleus-based mobile phones on Ginwave-developed hardware platforms with a view to ultimately market them for sale with both handset manufacturers and network operators worldwide.
Soleus is the world's first Windows CE-based software platform for mobile phones and the first implementation of Microsoft Visual Studio specifically for feature phone development. It offers a new approach to developing phones, providing a set of modular software components that can be deployed across multiple handset designs. This allows handset designers such as Ginwave to reduce development costs and bring phone designs to market faster than legacy mobile phone software. The built-in Soleus UX Designer Tool also gives handset designers complete control over the software configuration, enabling them to customize and brand the user interface to meet the needs of network operator customers.
"Ginwave is evaluating Soleus for the flexibility and low-cost options it provides for developing advanced mobile phones," said Roland Zhou, Vice President, Ginwave. "Soleus facilitates innovative handset development and enables us to develop richer applications and design more intelligent phones. It is perfectly suited for some of Ginwave's hardware solutions and we are excited to work with Intrinsyc to access new and innovative mobile handset designs."
"Intrinsyc is delighted that Ginwave, one of the world's leading independent design centres, is evaluating Soleus and exploring the opportunities for collaboration on new mobile phone products," said Derek Spratt, CEO of Intrinsyc. "Ginwave is known for developing mobile phone handset designs that meet its customers' needs at an economical price point. We hope to assist Ginwave with Soleus to reduce design development cycles and R&D costs in new and compelling customer-specific handset designs."
For more information on Ginwave and its products, visit www.ginwave.com. For more information on Intrinsyc and Soleus, visit www.intrinsyc.com/soleus.
About Ginwave Technologies Ltd.
Shenzhen Ginwave Technologies Ltd. is a professional handset design center, which enjoys great reputation domestically, and is headquartered in Shenzhen, P.R.C. with sub-companies in Shanghai, Beijing and Hong Kong.
Ginwave was founded in 2002 by design engineers and sourcing executives from a leading handset manufacturer in China, and today has built up a fully-experienced development team in mobile handset RF system, base-band circuit, PCB layout, ID, MD, software design, manufacturing, TE, QA, etc. Ginwave's customer group, including many famous Chinese communication device producers, boasts a steady growth. Since the first Ginwave GSM mobile handset launched in February 2003, Ginwave has shipped over 7 million units.
To learn more about Ginwave please visit: www.ginwave.com.
About Intrinsyc Software International, Inc.
Intrinsyc is a mobility software and services company. Its mobile software products, engineering design services and systems integration expertise help customers make better decisions, improve productivity, and reduce time-to-market. Since 1996, Intrinsyc has built a strong customer base and has formed solid alliances with many leading technology companies including Microsoft, IBM, Intel, Philips, Siemens, Symbian, General Electric, Hand Held Products, Texas Instruments and Ford.
Named a Microsoft Gold Partner, Intrinsyc has extensive experience with the intricacies of designing, developing and supporting voice and data-enabled handsets built on Microsoft's Windows™ CE operating system. Intrinsyc is also the creator and licensor of Soleus™, the world's first feature phone software platform based on Windows™ CE. Soleus™ offers a new way to build feature phones, providing pre-integration with leading hardware platforms, all the telephony essentials and pre-integration of the most popular data applications.
Intrinsyc is a publicly traded company, headquartered in Vancouver, Canada with additional regional offices in Bellevue, Washington, and Birmingham, UK and Barbados. To find out more about Intrinsyc, visit: www.Intrinsyc.com.
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", "estimate", "intend", "plan", "forecast", "project", "estimate" and "believe" or other similar words and phrases are intended to identify forward-looking statements. 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 different.
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 is a registered trademark of Intrinsyc Software International, Inc. All other trademarks are registered trademarks of the respective owners, and are hereby acknowledged.
Contacts
Ginwave Technologies Ltd.
Roland Zhou, Ginwave Technologies Ltd. , +86 755 26018808, zhourongjie@ginwave.com
4/F, R2-A, High-Tech Industrial Park, Shenzhen 518057, China
Tel: +86 755 26018808
Fax: +86 755 26018800
Intrinsyc Software International, Inc.
Media:
Jennifer Gehrt, Communiqué PR, +1 206-282-4923, jennifer@communiquepr.com
Laura Sykes, Intrinsyc Software International, Inc., +1 604-801-6461, lsykes@intrinsyc.com
Michael Anderson, Intrinsyc Software International, Inc., +1 604-801-6461, manderson@intrinsyc.com
Investor Relations:
Murray Duncan, Intrinsyc Software International, Inc., +1 604-801-6461, mduncan@intrinsyc.com
