Intrinsyc Technologies Corporation Announces Continuance Under the Business Corporations Act (British Columbia) VANCOUVER, British Columbia, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (“Intrinsyc” or the “Company”), now a subsidiary of Lantronix, Inc., announces its continuance into the Province of British Columbia under the Business Corporations Act (British Columbia), and the adoption of new articles (the “Articles”). Copies of the certificate of continuation and the Articles have been filed under the Company’s profile at . About Intrinsyc Technologies Corpora...
Intrinsyc Technologies Corporation Announces Closing of the Plan of Arrangement With Lantronix, Inc. VANCOUVER, British Columbia, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), today announced that (NASDAQ: LTRX) (“Lantronix”) has completed the previously announced acquisition of all the issued and outstanding common shares of Intrinsyc (“Common Shares”) in a cash and share transaction valued at approximately US$27 million (collectively, the “Transaction”). The Intrinsyc Common Shares are expected to be de...
Intrinsyc Technologies Corporation Receives Court Approval For Arrangement With Lantronix, Inc. VANCOUVER, British Columbia, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), is pleased to announce that the Supreme Court of British Columbia granted a final order on January 8, 2020 approving its previously announced plan of arrangement, pursuant to which Lantronix, Inc. (NASDAQ: LTRX) (“Lantronix”) will acquire all of the issued and outstanding common shares of Intrinsyc (“Common Shares”) in a cash and share tra...
Shareholders of Intrinsyc Technologies Corporation Approve Sale of Company to Lantronix, Inc. VANCOUVER, British Columbia, Dec. 30, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced that shareholders of Intrinsyc approved the sale of the Company (the “Transaction”) to Lantronix, Inc. at the Special Meeting of Shareholders held in Vancouver, British Columbia today. Detailed results of the vote are set...
Intrinsyc Announces New Orders Valued at US$797,000 Orders Include Computing Modules for a Client Launching a New Consumer IoT Product and Development Services for a Medical Device Company VANCOUVER, British Columbia, Dec. 24, 2019 (GLOBE NEWSWIRE) -- Intrinsyc® Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of orders, last week, from multiple clients that are in aggregate valued at US$797,000. Orders for the Company...
Intrinsyc Technologies Corporation Mails Management Information Circular to Approve Lantronix Acquisition VANCOUVER, British Columbia, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced that it has mailed the management information circular (the “Circular”) and related materials for the special meeting (the “Meeting”) of the Intrinsyc shareholders (“Intrinsyc Shareholders”) to approve the plan...
Intrinsyc (TSX: ITC and OTCQX: ISYRF) Reports Third Quarter Results Intrinsyc achieved Revenue of US $6.2 million (CDN $8.2 million) with EBITDA1 of US $473,865 (CDN $625,691) VANCOUVER, British Columbia, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of edge computing solutions for the development of intelligent Internet of Things (“IoT”) products, today announced its financial results for the third quarter ended September 30, 2019. Intrinsyc achieved Revenue of US $6.2 million (CDN $8.2...
Intrinsyc Announces New Orders Valued at US$528,000 VANCOUVER, British Columbia, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of orders during the past week from multiple clients that in aggregate are valued at US$528,000. These orders consist of US$150,000 for hardware and US$378,000 for product development services for clients building robotics, retail point of sale, and sm...
Intrinsyc Technologies Corporation to be Acquired by Lantronix, Inc. VANCOUVER, British Columbia, Oct. 31, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced it has entered into an agreement (the “Arrangement Agreement”) with Lantronix, Inc. (NASDAQ: LTRX) (“Lantronix”), a global provider of secure data access and management solutions for IoT assets, pursuant to which Lantronix will acquire 100% of In...
Intrinsyc (TSX:ITC and OTC: ISYRF) to Report Third Quarter and Year to Date Fiscal 2019 Results VANCOUVER, British Columbia, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTC: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) devices will release its third quarter and year to date fiscal 2019 ended September 30, 2019 financial results on November 14, 2019. The Company will hold a conference call to discuss the financial results at 9:00 a.m. Eastern Time (6:00 a.m. Pacif...
Intrinsyc Announces New Premium-Tier System on Module based on Qualcomm Technologies’ SDA845 System on Chip Designed for use in Advanced Robotics and Drones, Premium Camera Applications, Artificial Intelligence Platforms, and other Cutting-edge IoT Devices VANCOUVER, British Columbia, Oct. 10, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development and production of embedded and Internet of Things (IoT) products, today announced and , to be available in the fourth quarter...
Intrinsyc Receives Order Valued at US$882,000 From New Client Open-Q™ 835 Edge AI Computing Module to Bring Artificial Intelligence Capabilities to Intelligent Medical Device VANCOUVER, British Columbia, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of an order from a new client, that is valued at US$882,000. The order is for the purchase of the that will bring artificial i...
Intrinsyc Announces New Orders Valued at $1,263,000 Total Orders for Week Valued at $2,896,000 When Combined with Previously Announced Orders VANCOUVER, British Columbia, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of orders from multiple clients, that in aggregate are valued at US$1,263,000. These orders consist of $1,002,000 for hardware and $261,000 for product develop...
Intrinsyc Announces Follow-on Order for the Company’s Open-Q™ 835 edge AI Computing Modules Valued at US$1,120,000 Order Follows initial Stocking Order of $1,195,000 Announced in August 2019 VANCOUVER, British Columbia, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of an order, that is valued at US$1,120,000. This follow-on order is for the purchase of the Company’s Open-Q™...
Intrinsyc Announces Signing of Supply Agreement and an Initial Order for the Company’s Open-Q™ 820 edge AI Computing Modules Initial Stocking Order Valued at US$513,000 is Expected to Ship in the Third Quarter of Fiscal 2019 VANCOUVER, British Columbia, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the signing of a supply agreement and receipt of an order, that is valued at US$513,000....
Intrinsyc (TSX: ITC and OTCQX: ISYRF) Reports Second Quarter Results Intrinsyc achieved Revenue of US $5.5 million (CDN $7.3 million) with EBITDA1 of US $169,429 (CDN $226,644) VANCOUVER, British Columbia, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of edge computing solutions for the development of intelligent Internet of Things (“IoT”) products, today announced its financial results for the second quarter ended June 30, 2019. Intrinsyc achieved Revenue of US $5.5 million (CDN $7.3 m...
Intrinsyc Announces Supply Agreement and Initial Order for the Company’s Open-Q™ 835 edge AI Computing Modules Valued at US$1,195,000 Initial Stocking Order is Expected to ship in Q4 2019 and will be used to Power a Next-generation Video Collaboration Product VANCOUVER, British Columbia, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the signing of a supply agreement and receipt of an or...
Intrinsyc (TSX:ITC and OTCQX: ISYRF) to Report Second Quarter and Year to Date Fiscal 2019 Results VANCOUVER, British Columbia, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) devices will release its second quarter and year to date fiscal 2019 financial results on August 14, 2019. The Company will hold a conference call to discuss the financial results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same ...
Intrinsyc (TSX: ITC and OTCQX: ISYRF) Announces New Orders Valued at US$818,176 Clients are Developing Innovative Telecommunications, UAVs, Military and Medical Devices Utilizing the Company’s Industry-Leading Edge Computing Modules VANCOUVER, British Columbia, July 03, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of orders, over the past week, that are in aggregate valued at US$81...
Intrinsyc (TSX: ITC and OTCQX: ISYRF) Announces New Orders for the Company’s Open-Q™ Edge Computing Modules and Product Development Services New Orders received from Clients valued at US$920,034 Including Initial order from a new production client valued in excess of $500,000 VANCOUVER, British Columbia, June 25, 2019 (GLOBE NEWSWIRE) -- Intrinsyc Technologies Corporation (TSX: ITC and OTCQX: ISYRF) (“Intrinsyc” or the “Company”), a leading provider of solutions for the development of embedded and Internet of Things (“IoT”) products, today announced the receipt of orders, over the past ...
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