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ViXS Systems Board of Directors Elects Peter Currie as Chairman

February 4, 2014

TORONTO, Feb. 4, 2014 /PRNewswire/ – The Board of Directors for ViXS Systems
Inc. (TSX: VXS) has elected Peter Currie as the new Chairman of the
Board. Mr. Currie will succeed Brian Antonen, who will remain on the
Board of Directors and continue to advise the company.

Peter Currie has been an active member on the Board of ViXS since
joining in 2009, and is currently Chairman of the Audit Committee and
member of the Compensation Committee. Mr. Currie has extensive
experience with public companies, as he is currently a Director of
Intelius Inc. and chair of its Audit Committee and member of its
Corporate Governance Committee, a Director at Kemptville District
Hospital, and Chairman of the Board for Atomic Energy of Canada
Limited. Mr. Currie previously held various executive positions at
Nortel Networks Inc. including Chief Financial Officer; and, he was a
Director for Arise Technologies Corporation, Affinion Inc., and
Canadian Tire Corporation, as well as Vice Chairman and CFO of Royal
Bank of Canada (RBC Financial Group). He is a former member of the
Board of Governors and chair of Finance and Audit Committee for York
University and former Director of York University Development
Corporation.

Sally Daub, President & CEO of ViXS, said: “We would like to thank Brian
for his service as Chairman over the past 13 years, and his help in
bringing the company public. I also welcome the opportunity to work
with Peter as Chairman. Our company is fortunate to be able to tap into
his invaluable experience as an executive for Nortel and board
positions at other public companies.”

About ViXS Systems Inc.

ViXS is the pioneer and market leader in designing revolutionary media
processing semiconductor solutions for the broadcasting and consumer
electronics industries, with over 437 patents issued and pending
worldwide, numerous industry awards for innovation, and over 29 million
media processor shipments to date. ViXS is driving the transition to
Ultra HD 4K across the entire content value chain by providing
professional and consumer grade chipsets that support the new High
Efficiency Video Coding (HEVC) standard up to Main 10 Profile, reducing
bandwidth consumption by 50% while providing the depth of color and
image clarity needed to take advantage of higher-resolution content.
ViXS’ XCodePro 3xx family is ideal for Ultra HD 4K infrastructure
equipment, and the XCode 6xxx family of system-on-chip (SoC) products
achieve unprecedented levels of integration that enable manufacturers
to create cost-effective consumer entertainment devices.

ViXS is headquartered in Toronto, Canada with offices in Europe, Asia
and North America. VIXS(TM), the ViXS(® )logo, XCode(®), XCodePro(TM), XConnex(TM) and Xtensiv(TM) are trademarks and/or registered
trademarks of ViXS. Other trademarks are the property of their
respective owners. For more information on ViXS, visit our website: www.vixs.com.

SOURCE ViXS Systems Inc.


Source: PR Newswire



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