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Gold/Mining/Energy : Intrinsyc Software Inc. (T.ICS) (formerly V.ICS) -- Ignore unavailable to you. Want to Upgrade?


To: Monty who wrote (372)7/22/1998 8:25:00 PM
From: Pa.hare  Respond to of 1635
 
Intrinsyc Software: Prospectus Receipted by BC and Ontario

VANCOUVER, BRITISH COLUMBIA--Intrinsyc Software (the Company)
announced today that the Prospectus necessary to qualify the
1,967,545 Special Warrants has been receipted by the BC Securities Commission and the Ontario Securities Commission. The Special Warrants were issued pursuant to a brokered private placement
completed in March. As a result of the receipt, $1,318,301 plus interest has been released to the Company from escrow.

Intrinsyc Software Inc. (VSE:ICS, NASDAQ:ISYRF) develops, markets,
sells, and supports software tools and components for the
development of Microsoft Windows-based embedded systems. These
tools and components enable OEMs to rapidly develop software
applications for a wide range of consumer and commercial
electronics products that span multiple industries.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Intrinsyc Software Inc.
William Yu
CFO
(800) 474-7644 or (604) 801-6461
(604) 801-6417 (FAX)
Email: info@intrinsyc.com
Website: intrinsyc.com

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of
this release.