The creative player 25-year-old has been part of the first team squad with Derry since 2011 but is moving south for a new challenge and will help Cork to get over the loss of Greg Bolger to Shamrock Rovers.
“I am thrilled to get it done," said McNamee . "I want to be part of the team that has just won the league and I want to win more trophies.”
“The way the fans fill Turner’s Cross; it’s hard to compare it with anywhere else in the league. It shows the passion in the city for the club and it is great to be a part of it. I have come down here because I want to win trophies.”
City boss John Caulfield said: “Barry is a fantastic, creative player. He is a perfect player to come into our team, he is energetic, has lots of experience and is coming into the prime of his career.”
“He is another fantastic signing for us. He scores goals from midfield and he also creates a lot, he can open defences up and he is exactly the type of player we want to bring to the club.”
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