RE:What is going on - Another 52 Week HighThis could be part of the reason
ANCOUVER, BC--(Marketwired - August 19, 2016) - Intrinsyc Technologies Corporation ("Intrinsyc" or the "Company") (TSX: ITC), a leading provider of solutions for the development and production of embedded and Internet of Things ("IoT") products, today announced two new product development agreements that were signed this week. The product development services agreements are extensions of development projects for a long-term existing client. In aggregate, the value of the agreements equals US$658,080.
"We are pleased to continue our long-standing relationship as we enable advanced functionality on a custom version of an Open-Q™ single board computer for a number of our clients' products," stated Mark Waldenberg, Vice President, Global Sales, Intrinsyc Technologies Corporation.
Information on the Company's Open-Q™ product line can be found at:
https://www.intrinsyc.com/computing-platforms/snapdragon-computing-modules/