VXSYF Stock News 1.3567 05/08/2014 14:08:45 Vixs Systems (VX

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Technicolor Selects ViXS SoC for 60p HEVC Ultra HD 4K Set-Top Boxes
Marketwire - Wed Apr 30, 4:17PM CDT
ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that Technicolor, a worldwide technology leader in the media and entertainment sector, has chosen the ViXS XCode 6400 System on Chip (SoC) for their new Ultra High Definition (UHD) 4K set-top box (STB) product line. Technicolor is an innovator in STBs with the second highest volume of STB shipments worldwide. The Technicolor STBs offer front-ends for cable, satellite and telco internet protocol television (IPTV) operators, and supports High Efficiency Video Coding (HEVC) MAIN10 Profile up to 60 frames per second for service operators looking to launch UHD 4K content services. The new UHD 4K Technicolor STB is the industry's first high frame rate 4K STB, and is targeted for cable and satellite services operators globally. ViXS expects such UHD 4K STBs to begin shipping within the year. Technicolor is showcasing this innovative family of STBs, using the XCode 6400 SoC, at Booth #513 the 2014 Cable Show in the Los Angeles Convention Center, open from April 29th to May 1st, 2014.

ViXS CTO Indra Laksono to Be Speaker at The Cable Show 2014
Marketwire - Tue Apr 22, 8:04AM 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 will be a session panel expert for the following Spring Technical Forum session, "The Big, Big Picture: Technology Implications of Ultra HD" at The Cable Show 2014 on April 30, 2014. Mr. Laksono is a leading expert on UltraHD 4K ("UHD", High Efficiency Video Coding (HEVC) and was instrumental with directly contribution to the development of the 10-bit HEVC MAIN10 Profile standard.

ViXS Demonstrates Industry-First RDK Client on Ultra HD 4K Platform at The Cable Show 2014
Marketwire - Tue Apr 22, 5:01AM CDT
ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that it is the first and only company with a shipping Ultra High Definition (UHD) 4K HEVC 10-bit System-on-Chip (SoC) to demonstrate a Reference Design Kit implementation. The XCode 6400 SoC is a high-performance, yet cost-effective, solution for the next wave of set-top boxes (STBs), gateways and other consumer premise equipment solutions aiming to deliver UHD 4K content services. By natively supporting UHD and silicon-based transcoding, the XCode 6400 provides forward and backward content compatibility, lengthening the service life of the devices which better amortizes the CPE capital cost. The XCode 6400 includes support for 10-bit High Efficiency Video Coding (HEVC), enabling operators to take advantage of up to 50% bandwidth savings, critical for making delivery of UHD services economically feasible. By pre-integrating RDK, ViXS gives operators control of the functionality and roadmap of their CPE.

ViXS Launches UHD HEVC 4K Golden Reference Decoder Tool to Meet the Growing Demand From the Broadcast Industry
Marketwire - Mon Apr 21, 5:00AM CDT
ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced the availability of a Ultra High Definition(UHD) 4K Golden Reference Decoder tool to test, validate, and debug 4K UHD content and deployment plans for the broadcast industry. As the broadcast market transitions to HEVC and UHD 4K, the requirement for a standardized reference tool becomes a necessity for a company planning to deploy any type of UHD 4K service.

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.

Sumitomo Electric Networks Provides 4Kp60 IP Set Top Boxes for NTT Plala's UltraHD 4K HEVC VOD (Video On Demand) Trial in Japan
Business Wire - Mon Apr 07, 9:44PM CDT
Sumitomo Electric Networks, Inc., a wholly-owned subsidiary of Sumitomo Electric Industries, Ltd. (TOKYO:5802)(ISIN:JP3407400005), today announced that it has been selected by NTT Plala, the largest IPTV Service Provider in Japan, to provide Ultra High Definition "4K" "p60" (60 frames per second) Set Top Boxes, its Stream Cruiser(R) SmartTV ST4100 Series, for the carrier's 4K video streaming trial service of "Hikari-TV", starting from April 8th, 2014. Sumitomo has collaborated with ViXS Systems Inc., a Toronto, Canada based leading supplier of 4K SoC's, to design the new Set Top Box ST4112 for this trial service.

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.
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