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Stonehouse Announces Nominees For Election To Board Of Directors Of Intrinsyc Software International, Inc. And Provides Update Regarding Requisitioned Meeting

Additional Information:

Stonehouse is not asking shareholders of Intrinsyc to send a form of proxy at this time, as formal notice of the special meeting of Intrinsyc's shareholders (the "Special Meeting") to be held in response to the meeting requisition that Stonehouse previously caused to be delivered to Intrinsyc has not yet been sent to Intrinsyc's shareholders, and Intrinsyc has not yet filed its management information circular in relation to the Special Meeting.  The removal of each of the current directors of Intrinsyc, and the election of the Shareholder Nominees in their place, will be considered at the Special Meeting.  Prior to the Special Meeting, Stonehouse expects to furnish a proxy circular to shareholders of Intrinsyc, together with a BLUE form of proxy.  SHAREHOLDERS OF INTRINSYC ARE URGED TO READ STONEHOUSE'S PROXY CIRCULAR CAREFULLY BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION.  Investors and shareholders will be able to obtain free copies of Stonehouse's proxy circular and any amendments or supplements thereto and further proxy circulars at no charge on SEDAR at http://www.sedar.comIn addition, shareholders will also be able to obtain free copies of Stonehouse's proxy circular and other relevant documents by calling Stonehouse Capital at 416-907-6908, when such documents become available.

Information in Support of Public Broadcast Solicitation

Stonehouse is relying on the exemption under section 9.2(4) of National Instrument 51-102 - Continuous Disclosure Obligations to make this public broadcast solicitation.  The following information is provided in accordance with corporate and securities laws applicable to public broadcast solicitations.

This solicitation is being made by Stonehouse Capital Management Inc. together with its President Daniel S. Marks, and not by or on behalf of the management of Intrinsyc.

Intrinsyc's principal business office is Suite 380 - 885 Dunsmuir Street, Vancouver, British Columbia, V6C 1N5.

Stonehouse has filed an information circular dated January 24, 2013 (the "Stonehouse Circular") containing the information required by Form 51-102F5 - Information Circular in respect of its proposed nominees.  The Stonehouse Circular will be available on Intrinsyc's company profile on SEDAR at

Proxies for the Special Meeting may be solicited by mail, telephone, facsimile, email or other electronic means as well as by newspaper or other media advertising and in person by directors, officers and employees of Stonehouse Capital, and by the Shareholder Nominees, none of whom will be specifically remunerated therefor.  In addition, Stonehouse may solicit proxies in reliance upon the public broadcast exemption to the solicitation requirements under applicable Canadian corporate and securities laws, conveyed by way of public broadcast, including press release, speech or publication, and by any other manner permitted under applicable Canadian laws.  Stonehouse may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on behalf of Stonehouse.

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