ViXS Systems Inc. Names Two Additions to its Board of Directors

TORONTO, Jan. 13 /PRNewswire/ - ViXS Systems Inc., a leader in highly innovative and advanced networked multimedia solutions, today announced the appointment of Peter Currie and Terry Nickerson to the company's board of directors. Both bring significant financial, operations and corporate governance expertise to the ViXS board of directors.

Mr. Currie was previously Executive Vice-President and Chief Financial Officer, Nortel Networks Corporation, Vice Chairman and Chief Financial Officer, Royal Bank of Canada, Senior Vice-President and Chief Financial Officer, Nortel Networks Corporation (Northern Telecom Limited) and Executive Vice-President and Chief Financial Officer, North American Life Assurance Company. He is a member of the Board of Directors and member of the Audit Committee of Affinion Group Inc., ARISE Technologies Inc. and Canadian Tire Corporation, Limited. Mr. Currie is a member of the Board of Directors and Chairman of the Audit Committee of Intelius Inc. and Atomic Energy of Canada, Limited.

Mr. Nickerson served as the Senior Vice President of Finance and Chief Financial Officer of ATI Technologies, Inc. from 2000 to 2005. From 1988 to 1990, he served as Chief Financial Officer of Northern Telecom Ltd. While with Northern Telecom, he was also President of Northern Telecom Electronics, a subsidiary responsible for Northern Telecom's ASIC and Printed Circuit Board manufacturing. Mr. Nickerson spent over 18 years at IBM Corporation, primarily in Finance in Planning roles. He was also General Manager of the IBM plant in Don Mills, Ontario, which later become Celestica Inc. While with both IBM and Northern Telecom, he served on international assignments covering Asia, Europe and Latin America. Mr. Nickerson is currently a director of Miranda Technologies Inc. and Silicon Storage Technology Inc. He holds a B. Sc. degree in Metallurgical Engineering from Queen's University and an M.B.A. from Harvard University.

"We welcome Peter and Terry to our Board of Directors," said Sally Daub, President and CEO of ViXS Systems. "Each has tremendous experience that we can draw upon as we continue to grow our business and enhance shareholder value. We are extremely pleased that they have joined us, and we look forward to working with them."

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