ViXS™ Ranked as One of Canada's Fastest-Growing Companies by PROFIT Magazine

TORONTO, June 22, 2012 /CNW/ - ViXS Systems Inc. a leading provider of network media processing solutions today announced that it is ranked as one of Canada's Fastest-Growing companies in the 24th annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine.

The PROFIT 200 ranking is used in Ranking Canada's Fastest-Growing Companies based on five-year revenue growth.  The PROFIT 200 profiles the country's most successful growth companies.  Published in the summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.

"Earlier this month, ViXS was recognized as a member of the 24th annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT magazine. It is a great pleasure and honour to receive this recognition," said Sally Daub, President and CEO of ViXS Systems. "ViXS has created and delivered a truly unique and differentiated media-processing semiconductor systems solutions for today's demanding video consumer and broadcasting markets.  This award is yet again a tribute to ViXS employees and customers - both play critical roles in enabling ViXS' success".

About ViXS Systems Inc.

ViXS is a multimedia solutions innovator providing technologies for processing, managing, securing and distributing high quality video and audio allowing seamless control, conversion, and connectivity between many classes and sizes of digital entertainment devices. 

ViXS supplies advanced System-on-Chip semiconductors, software solutions and hardware reference designs for the world's top manufacturers of Digital TVs, DVDs, Set-top boxes, Personal Video Recorders, PCs, Network-Attached Storage devices, Residential/Home Gateways, Blu-ray players/recorders, as well as Broadcast and Professional Equipment OEMs. 

ViXS is headquartered in Toronto, Canada with global operations and offices in Europe, Asia and North America.  ViXS has 382 patents issued and pending worldwide.  Listed for four years running as one of Deloitte's fastest growing North American companies, ViXS is setting new standards in the way digital entertainment is viewed and transmitted across an endless array of multimedia products. 

For more information on ViXS, please visit our website: www.vixs.com.

VIXS, the ViXS logo, XCode, XConnex and Xtensiv are trademarks and/or registered trademarks of ViXS. Other trademarks are the property of their respective owners.

About PROFIT Magazine:

PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 30 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

SOURCE ViXS Systems Inc.

For further information:

David Jones, Tel: (416) 646-2000, E-mail: djones@vixs.com

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ViXS Systems Inc.

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