February 27, 2008
Intrinsyc Software International, Inc. (TSX:ICS), a wireless software solutions company, completed a public offering of Common Shares pursuant to which the Corporation issued 28,600,000 Common Shares at a price of $1.05 per Common Share, for aggregate gross proceeds of $30,030,000. The Common Shares were sold through a syndicate of Underwriters co-led by GMP Securities L.P. and Canaccord Capital Corporation and included Haywood Securities Inc. and Raymond James Ltd.Wildeboer Dellelce LLP acted for the Underwriters in connection with the Offering with a team that included Perry Dellelce, Charlie Malone, Loren Greenspoon, Shabir Amlani and Michael Antonik (corporate/securities).