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Market: TSX
Sector: Software
Epic: TSX:ICS
News: Latest news
Web Site: Intrinsyc Software International
Other Articles: 05-01-2009

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Monday March 15, 11:56Bionomics to present at Ultimate Healthcare & Biotechnology Event, March 24

Deborah Rathjen, CEO of Bionomics, recommended by UK Investment Reseach house Edison Investment Research, "our new valuation for BNO is at 55 cents" will present in Sydney.

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Intrinsyc Software International

Intrinsyc Software International

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(R) software platform for converged device development and Destinator(R) navigation software.
Thursday, May 14, 2009

Intrinsyc narrows first quarter loss, sees revenues improving going forward

Mobile devices software maker Intrinsyc Software International Inc (TSX:ICS) narrowed its pretax loss in the first quarter to end-March 2009 to US$1.6 million from US$3.8 million a year earlier as revenue dipped to US$4.4 million from Us$5.5 million.

Interim chief executive Tracy Rees said in a statement "Although the challenging industry and macro-economic environment continued to impact our revenue performance during the past quarter, we made strong progress towards our goal of positive cash flow in 2009.

"We expect improvement in revenue performance in subsequent quarters as a result of new agreements signed in the quarter, including the signing of a multi-million dollar agreement with a Fortune 500 company,” she added.
 

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