ViXS Systems Inc. Ranks 180th Fastest Growing Company in the Deloitte 2011 Technology Fast 500™
TORONTO, Oct. 27, 2011 /PRNewswire/ - ViXS Systems Inc. a leading provider of network media processing solutions today announced that it is ranked 180 on the Deloitte 2011 Technology Fast 500. In its seventeenth year, the Deloitte Technology Fast 500 is the pre-eminent technology awards program in U.S. and Canada.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. ViXS has invested millions of dollars to develop leading-edge intellectual property and a significant patent portfolio. This valuable intellectual property has helped fuel ViXS' compound growth rate of 524% over the period 2006 through 2010.
"Earlier this month, ViXS was recognized as part of the Fast 50 awards in Canada. It is a great pleasure and honour to receive this further recognition in the Deloitte 2011 Technology Fast 500. This award carries a great deal of prestige with it among North American companies," said Sally Daub, President and CEO of ViXS Systems. "ViXS consistently delivers world-class leading-edge semiconductor systems solutions for today's demanding video consumer and broadcasting markets. This award is yet again a tribute to both ViXS employees and customers, both of whom play critical roles in enabling ViXS to develop truly differentiated products in very demanding and competitive markets."
Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies - large, small, public, and private - span a variety of industry sectors including hardware, software, telecom, semiconductors, life sciences and emerging areas, such as clean technology. Many of these companies are on the cutting edge and are transforming the way we do business today.
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 filed more than 334 patents worldwide with over 103 patents being issued to date. 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.
The ViXS® logo, XCode™, XConnex™ and Xtensiv™ are trademarks and/or registered trademarks of ViXS. Other trademarks are the property of their respective owners.
SOURCE ViXS Systems Inc.
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