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Cellon to Evaluate Soleus for Feature Phone Designs
Designer of over 30 million wireless handsets signs MOU to assess Intrinsyc’s Soleus™ mobile phone software platform for low cost feature phone designs
Vancouver, Canada and Shenzhen, China, July 18, 2006, Intrinsyc Software International, Inc. (TSX:ICS), a mobility software and services company, and Cellon International, a leading provider of end-to-end design and systems integration services for the wireless handset industry, today announce they have signed a Memorandum of Understanding (MOU) to evaluate Soleus™ for use in custom feature phone designs. Soleus is a Microsoft® Windows™ CE-based mobile phone software platform created by Intrinsyc that offers handset designers and manufacturers a new way to develop phones. In the MOU, Cellon commits to evaluating the potential cost savings and reduced development time that Soleus offers for feature phone designs when it is integrated with Cellon's hardware design platforms.
Cellon is the world's largest independent design house for wireless terminals and modules. The company's wireless hardware platforms are designed for a full range of handsets, from low-cost to full multimedia capabilities. Over 30 million phones designed by Cellon have been sold worldwide by leading brands including Siemens, Amoi, Royal Philips Electronics (PHG) and UTStarcom (UTSI ). In its evaluation Cellon is assessing the potential advantages of the Soleus modular development methodology relative to the current software solutions they are deploying. As a 'turnkey' software solution, Soleus comes pre-integrated with all the telephony essentials, delivering cost and time savings for handset designers and enabling them to innovate directly on the handset.
"Intrinsyc is very excited to be working with Cellon during the evaluation of Soleus as a software platform for its feature phone handset designs," said Derek Spratt, CEO of Intrinsyc. "Cellon has globally acclaimed design and development expertise and their solutions are among some of the most cost-effective in the industry. The cost and time-to-market benefits of Soleus complement Cellon's hardware designs and we hope to successfully continue our business relationship to create market-ready feature phone handset offerings."
For more information on Cellon and its products, visit www.cellon.com. For more information on Intrinsyc and Soleus, visit www.intrinsyc.com/soleus.
About Cellon International
Cellon International is a leading provider of end-to-end design and systems integration services for the wireless handset industry. Cellon provides complete platform and fully outsourced solutions for handset OEMs and retailers worldwide, delivering global service through the efforts of more than 800 employees. In addition, Cellon has established strategic relationships with leading technology players and third-party software developers. Over 30 million wireless handsets based on Cellon's designs have been shipped to date.
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
Cellon International
Patrick Van de Wille, Cellon International, +1 312-882-1205, patrick.vandewille@cellon.com
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
