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PR Newswire: Intrinsyc and Lineo to Provide Embedded Linux Solutions

Aug 16, 2000, 03:08 (0 Talkback[s])

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"Intrinsyc Software, Inc. (CDNX: ICS), today announced a strategic alliance with Lineo, Inc., that will provide Original Equipment Manufactures (OEMs) with superior tools to create, link and manage Linux-based Internet devices and Information Appliances. Intrinsyc is a leading provider of the embedded software and technology used to create new Internet devices and applications. Lineo is a leading provider of embedded Linux system software."

"The collaboration will enable manufacturers in a variety of sectors - telecommunications, industrial and home automation, consumer devices - to develop Internet-enabled devices and technologies using the embedded Linux operating system. Intrinsyc will benefit from an immediate increase in profile, new customer relationships, and future distribution and co-development opportunities."

"Linux is well regarded as a robust, reliable, inexpensive platform for running embedded devices, like Internet appliances and handheld computing devices. Analysts are expecting a proliferation of embedded devices to hit the market over the next two years; IDC predicts that revenue from embedded systems will grow at CAGR of 76% to $7.9 billion by 2003."

Press Release