TORONTO, Feb. 4, 2014 /CNW/ - The Board of Directors for ViXS Systems Inc. (TSX: VXS) has elected Peter Currie as the new Chairman of the Board. Mr. Currie will succeed Brian Antonen, who will remain on the Board of Directors and continue to advise the company.
Peter Currie has been an active member on the Board of ViXS since joining in 2009, and is currently Chairman of the Audit Committee and member of the Compensation Committee. Mr. Currie has extensive experience with public companies, as he is currently a Director of Intelius Inc. and chair of its Audit Committee and member of its Corporate Governance Committee, a Director at Kemptville District Hospital, and Chairman of the Board for Atomic Energy of Canada Limited. Mr. Currie previously held various executive positions at Nortel Networks Inc. including Chief Financial Officer; and, he was a Director for Arise Technologies Corporation, Affinion Inc., and Canadian Tire Corporation, as well as Vice Chairman and CFO of Royal Bank of Canada (RBC Financial Group). He is a former member of the Board of Governors and chair of Finance and Audit Committee for York University and former Director of York University Development Corporation.
Sally Daub, President & CEO of ViXS, said: "We would like to thank Brian for his service as Chairman over the past 13 years, and his help in bringing the company public. I also welcome the opportunity to work with Peter as Chairman. Our company is fortunate to be able to tap into his invaluable experience as an executive for Nortel and board positions at other public companies."
About ViXS Systems Inc.
ViXS is the pioneer and market leader in designing revolutionary media processing semiconductor solutions for the broadcasting and consumer electronics industries, with over 437 patents issued and pending worldwide, numerous industry awards for innovation, and over 29 million media processor shipments 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 10 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 3xx family is ideal for Ultra HD 4K infrastructure equipment, and the XCode 6xxx 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.
SOURCE: ViXS Systems Inc.
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