Intrinsyc Claims Confidential Auto Customer for Nav System

Intrinsyc Software, the supplier of the Destinator mobile navigation software announced last week to have signed up a car maker for integrating its software into “a high-end performance automobile that is expected to be available later this year.“

"We are pleased to work with our automotive integration partner to adapt and optimize Destinator for this in-car opportunity," stated Alkarim Kassam, vice president engineering at Intrinsyc.

Intrinsyc also said it will release its financial results for its first quarter 2011 on May 12, 2011.