ViXS Announces Appointment of Philip Deck to Its Board of

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News Desk 2018

Sep 14, 2016 at 4:45 PM

ViXS Announces Appointment of Philip Deck to Its Board of Directors

TORONTO, ON --(Marketwired - September 14, 2016) - ViXS Systems Inc. ( TSX : VXS ) a pioneer and leader in advanced media processing solutions, announces the appointment of Philip Deck to its board of directors effective immediately.

Currently, Mr. Deck is the CEO of Extuple, an investor in public and private technology companies. Extuple is currently a shareholder of ViXS, which includes common shares, warrants and convertible debentures (approximating 6% of outstanding shares).

Previously, Mr. Deck served as the Executive Chairman of MKS Inc., a TSX-listed enterprise software company that was acquired in May 2011 for $304 million by PTC Inc. Mr. Deck joined MKS in 2001 as CEO to lead its restructuring and renewal, transforming the former software development tools company into a leader in enterprise software application lifecycle management.

Prior to MKS, Mr. Deck was Chairman and CEO of Certicom Corp. from 1993 to 1999, establishing it as one of the worldwide leaders in cryptographic research and cryptographic software toolkits. Certicom was subsequently acquired by Research in Motion.

Mr. Deck has served as a director of the Bank of Canada from 2006 until 2014, and was Lead Director from 2013 to 2014. Mr. Deck has also served on the board of the C.D. Howe Institute, Communitech, Waterloo's technology association, and 20-20 Technologies, a TSX-listed software company. Prior to 1993, Mr. Deck worked in the venture capital, merchant banking and institutional investment sectors. Mr. Deck holds a degree in economics from Queen's University, Kingston.

"On behalf of the Board, we are pleased to welcome Phil," stated Peter Currie, ViXS Chairman. "Phil brings considerable expertise and experience as both an operator and investor in technology companies. We look forward to working together."

In addition, Brian Antonen has retired from the board of directors. "Brian was instrumental as a board member since the inception of ViXS in 2001, guiding ViXS during twelve years as a private company through its going public process. The board of directors would like to thank Mr. Antonen for his years of service and dedication," stated Peter Currie, ViXS Chairman.

About ViXS Systems Inc. ViXS is a pioneer and market leader in designing revolutionary media processing semiconductor solutions for video over IP streaming solutions, with over 511 patents issued and pending worldwide, numerous industry awards for innovation, and over 33 million media processor shipped 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 12 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 300 family is ideal for Ultra HD 4K infrastructure equipment, and the XCode 6000 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™, the ViXS® logo, XCode®, XCodePro™, XConnex™ and Xtensiv™ 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 .

For further information, please contact: Charlie Glavin ViXS Systems Inc. T: +1 416 646-2000 cglavin@vixs.com Investor Relations, Consultant T: +1 416 646-2000 ext. 3 ir@vixs.com

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