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Vixs Systems Inc (VXS.TO) 1.55 $VXS.TO

ViXS Systems Files Complaint in the U.S. International Trade Commission Against Entropic Communications
Marketwire - Thu Apr 17, 11:28AM CDT
ViXS Systems Inc. (TSX: VXS) and ViXS USA, today filed a complaint in the U.S. International Trade Commission (ITC) against Entropic Communications and several of its customers and importers alleging that these companies have engaged in unfair trade practices by the importation, sale for importation, and sale after importation of certain set-top boxes (STB's), gateways, bridges, switches, and adapters and components thereof that infringe one or more claims of United States Patent Nos. 7,301,900 ("the '900 patent", 7,099,951 ("the '951 patent", 7,200,855 ("the '855 patent", and 7,406,598 ("the '598 patent" (collectively, "the Asserted Patents".

ViXS Reports Fourth Quarter and Fiscal 2014 Results
Marketwire - Tue Apr 15, 4:35PM CDT
ViXS Systems Inc. (TSX: VXS) a pioneer and leader in media processing solutions, reported its fourth quarter and fiscal year results for the period ended January 31st, 2014. All results are reported under International Financial Reporting Standards ("IFRS" and in U.S. dollars, unless otherwise specified. ViXS reported Q4FY14 revenue of $7.0 million, gross margin of 40.7%, total comprehensive loss of $7.5 million, and non-IFRS net loss of $6.7 million.

ViXS and Intel Team Up on Media Processing SoCs to Address Cable, IPTV and Satellite Markets
Marketwire - Mon Apr 14, 5:00AM CDT
ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced a new collaboration with Intel to partner on Headed Video / Networking Gateway products based on the XCode 6400 media processing system-on-chip (SoC) solution for major service providers globally. ViXS provides best-in-class technology for transcoding, advanced media processing, and Multimedia over Coax (MoCA). ViXS has the only SoC commercially available with native support for High Efficiency Video Coding (HEVC) MAIN10 profile and Ultra HD 4Kp60. The combined ViXS and Intel platform will bring unprecedented levels of performance, efficient cost, and increased capability to equipment manufacturers creating solutions for the industry's dual transition to HEVC and Ultra HD.

NTT Plala Selects ViXS Systems to Drive Its New UltraHD 4K HEVC 60p "Hikari-TV" VOD Trial Throughout Japan
Marketwire - Wed Apr 09, 6:31AM CDT
ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that NTT Plala, a major Japanese IPTV Service Provider with more than 2.8 million subscribers, has chosen the ViXS XCode 6400 System on Chip (SoC) to power NTT Plala's latest Ultra High Definition (UltraHD) 4K set-top box (STB). This next-generation STB was developed by Sumitomo Electric Networks Inc., a major Japanese Smart TV IP set-top box and broadband access equipment vendor. The ViXS-powered Sumitomo Stream Cruiser® SmartTV ST4100 Series STB will lead the launch of NTT Plala's UltraHD 4K resolution High Efficiency Video coding (HEVC) 60p (60 frames per second) VOD trial service, called "Hikari-TV", starting April 8, 2014.

ViXS Issues Restated Financial Statements for Fiscal 3Q 2014
CNW Group - Wed Apr 09, 6:00AM CDT
ViXS Systems Inc. (TSX:VXS), a pioneer and leader in media processing solutions, announced today that during the course of its year end audit an issue was discovered with respect to the recognition of non-recurring engineering (NRE) revenue and associated billing of $1.5 million under a previously disclosed development arrangement. ViXS entered into this development project in early September 2013 and the development project was subsequently cancelled after the end of the third quarter of fiscal 2014. Commencing in the third quarter, ViXS applied the percentage-of-completion method for revenue recognition and reported $0.6 million of revenue and recorded deferred revenue of $0.9 million, and an accounts receivable related to a milestone billing in the amount of $1.5 million for this project when it originally filed results for the third quarter of fiscal 2014.

ViXS Is the Ultra HD 4K Decoder of Choice at NAB 2014
Marketwire - Fri Apr 04, 7:01AM CDT
NAB - ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that the ViXS XCode 6400 decoder for UHD 4Kp60 content has a near-universal presence in broadcast equipment manufacturer's demonstrations at NAB 2014. NAB is the world's largest electronic media conference covering creation and consumption of media across multiple platforms. The broad usage of the commercially available XCode 6400 is a clear indication of the leadership that ViXS has established in processing broadcast-quality HEVC 10-bit content, which is critically important to the deployment of UHD 4K content for consumers. The ViXS XCode 6400 will be used to demonstrate full broadcast solutions for the Studio, through the Head-End, and to the Home.

ViXS and Toshiba Partner on Ultra HD 4K Broadcast Solution at NAB 2014
Marketwire - Fri Apr 04, 7:01AM CDT
NAB - ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that Toshiba will be using the ViXS XCode 6400 System-on-Chip (SoC) to decode and display in real time Ultra HD (UHD) video streaming from the latest Toshiba ExaEdge 4Kp60 Broadcast Video Server in the Toshiba Booth at NAB 2014 in Las Vegas. NAB is the world's largest electronic media conference covering creation and consumption of media across multiple platforms. The Toshiba booth is located in South Hall Upper Level in the Las Vegas Convention Center, Booth#: SU2206.

ViXS and Harmonic to Demonstrate an End-to-End HEVC Solution for Delivering and Displaying Live, UltraHD 4K 10-bit Content
Marketwire - Thu Apr 03, 7:02AM CDT
NAB -- ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, has partnered with Harmonic (NASDAQ: HLIT) to demonstrate the world's first end-to-end solution to deliver live UltraHD 4K 10-bit HEVC content at 60 Frames Per Second on a readily available consumer Television. Harmonic will utilize the ViXS' Ultra High Definition (UltraHD) 4K60p 10-bit HEVC XCode 6400 SoC to demonstrate their latest UltraHD 4K60p 10-bit video compression solution in the Harmonic Booth at NAB 2014. The Harmonic booth is located in South Hall Upper Level in the Las Vegas Convention Center, Booth#: SU1210. NAB is the world's largest electronic media conference covering creation and consumption of media across multiple platforms.

ViXS and Envivio to Showcase Ultra HD 4Kp60 HEVC Video Compression Solution at NAB 2014
Marketwire - Thu Apr 03, 7:02AM CDT
NAB -- ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that Envivio will employ the ViXS XCode 6400 System-on-Chip (SoC) as a set-top box client to decode and display Ultra HD (UHD) 4Kp60 content, encoded in High Efficiency Video Coding (HEVC) MAIN10 Profile by the Envivio Muse(TM) encoder, in the Envivio booth #SU6202 at NAB 2014 in Las Vegas. NAB is the world`s largest electronic media conference covering creation and consumption of media across multiple platforms.

ViXS Partners With SES for World's First End-to-End Satellite Broadcast of Ultra HD 4Kp60 Using 10-Bit HEVC
Marketwire - Wed Apr 02, 9:36AM CDT
SES Industry Days -- ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that the ViXS XCode 6400 decoder is a key technology component of SES' end-to-end satellite broadcast of UHD 4Kp60 content encoded in the HEVC Main10 standard and demonstrated during the 7th SES Industry Days in Luxembourg. SES, the leader in satellite-based premium content distribution, will dedicate a satellite channel to broadcast live content in brilliant detail, using commercially available equipment for encoding, decoding and television display. This demonstration sends a clear message to the European pay television market that UHD is ready for deployment now.

ViXS Extends Its UltraHD 4K Offering by Launching the World's First UltraHD 4Kp60 10-bit Professional Decoder
Marketwire - Tue Apr 01, 7:04AM CDT
NAB - Las Vegas -- ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced the availability of XCodePro 330 and XCodePro 320 an innovative pair of professional decoder products aimed at infrastructure markets. As the broadcast market transitions to HEVC and UltraHD 4K, the demand for power efficient, robust and fully compliant decoder products such as XCodePro 330 and 320 will intensify.

ViXS CTO Indra Laksono Invited to Speak at SES ASTRA Industry Days
Marketwire - Fri Mar 28, 12:26PM CDT
ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, is pleased to announced that Indra Laksono, CTO of ViXS Systems Inc., has been invited to speak at SES ASTRA's Industry Days on April 3, 2014 in Luxembourg. Mr. Laksono is a leading expert on Ultra HD and HEVC, and was instrumental with his contributions in the development of the H.265 HEVC Main10 Profile. Mr. Laksono will be speaking on the topics of Ultra HD 4K, HEVC and Higher Fidelity Video with higher dynamic range.
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