Intrinsyc Announces C$818,000 in Orders Over Past Week

- July 3rd, 2019

Intrinsyc Technologies Corporation (TSX:ITC), software company focused on high-performance computing for AI and IoT industries announced that it has received over C$818,000 in orders in the past week. The scale of the 1,400 projects that Intrinsyc has provided products for includes robotics, augmented reality and connected cameras. As quoted in the press release: Orders for … Continued

Intrinsyc Technologies Corporation (TSX:ITC), software company focused on high-performance computing for AI and IoT industries announced that it has received over C$818,000 in orders in the past week. The scale of the 1,400 projects that Intrinsyc has provided products for includes robotics, augmented reality and connected cameras.

As quoted in the press release:

Orders for the Company’s Open-Q™ embedded computing modules are valued at US$384,240 and include an initial stocking order for a new production client building medical devices.  The Company also received orders from existing and new clients for product development services valued in aggregate at US$433,936.

“We are pleased with these new orders that represent both; multiple clients that are developing new products powered by the Company’s edge computing modules, as well as a new client that has begun commercial shipment of a new product,” stated George Reznik, Chief Financial Officer, Intrinsyc.

Click here to read the full press release.

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