Chungsen Leung MP Recognizes ViXS as a leader in Technology and
expansion into European Union
TORONTO, Nov. 25, 2013 /CNW/ - ViXS Systems Inc. (TSX: VXS), Mr Chungsen
Leung MP, Parliamentary Secretary for Multiculturalism, in promoting
multiculturalism and The Comprehensive Economic and Trade Agreement
(CETA) that Canada entered with the EU, recently visited ViXS and used
the occasion to recognize ViXS for its leadership in innovation, its
growing business in the EU, and ViXS' cultural diversity.
"With 28 member states, 500 million people and annual economic activity
of almost $17 trillion, the European Union is the world's largest
economy. The Comprehensive Economic and Trade Agreement (CETA) with
the EU will generate prosperity and growth for Canadians in every
region of the country, including for Canada's small and medium-sized
enterprises, which are the backbone of the Canadian economy," said
Chungsen Leung, MP - Willowdale. "As a leader in the digital image
technology industry with a diversified work force, I am confident that
ViXS will make further in-roads in the European market. And I am very
proud of them for their commitments to the success of our
Mr. Leung MP was also given a demonstration of various products and
devices that ViXS manufactures for advanced multimedia consumer
electronics, including broadcast television gateways and set-top
boxes. Such advanced applications require state-of-the-art research
and development to bring to market, and in doing so ViXS has amassed a
diverse cultural and multi-national team to help establish itself as
the world-leader in their addressed markets. Building some of the
most complex System-on-chip (SoC) silicon chip based solutions for the
past 12 years, ViXS' philosophy of attracting the best talent has been
core to its success so far.
"We have worked diligently to ensure we attract the very best talent to
address the constantly changing demands and complexity of the
multimedia chip market," said Sally Daub, President and CEO ViXS
Systems. "Thanks to the Canadian government's policy to encourage
multiculturalism it has been possible to attract the best minds in our
field across all disciplines in our company. We are encouraged by The
Comprehensive Economic and Trade Agreement (CETA) Canada has recently
entered with the EU, and we look forward to continue to grow our
business in the EU and world-wide."
About ViXS Systems Inc.
ViXS is the semiconductor pioneer in designing and developing
high-performance media solutions for the consumer electronics and video
service provider industries. With over 428 patents issued and pending
worldwide, ViXS has been recognized with a number of industry awards
for innovation. ViXS is the world leader in transcoder deployments with
over 28 million shipments to date, and still growing.
ViXS has a comprehensive portfolio of products to meet the diverse needs
of the global media industry. Portfolio highlights include the most
advanced dense transcoder available for cloud-based solutions, as well
as SoC's for home devices capable of doing the most simultaneous number
of HD streams in the industry. Moreover, ViXS is the only company to
have integrated transcoding and Multimedia over Coax Alliance (MoCA)
technologies to create the lowest-cost media gateway capable of
delivering premium content to consumer IP devices, such as the iPad,
inside and outside of the home.
ViXS is headquartered in Toronto, Canada with global operations and
offices in Europe, Asia and North America. For more information on
ViXS, visit our website: www.vixs.com.
VIXS™, the ViXS® logo, XCode®, XCodePro™, XConnex™ and Xtensiv™ are trademarks and/or registered
trademarks of ViXS. Other trademarks are the property of their
SOURCE: ViXS Systems Inc.
For further information:
ViXS Systems Inc.
T: (416) 646-2000
T: 416-815-0700 ext. 278
T: 416-815-0700 ext. 253