Pixelworks, Inc. announced that on February 9, 2012, the Board approved an increase in the size of the Board from six to a total of eight directors, appointed Mr. Steven R. Becker and Mr. Bradley J. Shisler as directors of the Board in Class II, appointed Mr. Becker to the Compensation Committee of the Board, and appointed Mr. Shisler to the Corporate Governance and Nominating Committee of the Board. Such appointments were effective as of February 9, 2012. Mr. Becker, age 45, has served since 2004 as Managing Partner and Founder of Becker Drapkin Management, L.P. Mr. Becker currently serves on the boards of directors of Ruby Tuesday, Inc., the operator of a chain of casual dining restaurants, Hot Topic, Inc., and Strategic Diagnostics Inc. Mr. Shisler, age 41, currently serves on the board of directors of Navarre Corporation, a distributor and provider of complete logistics solutions for traditional and internet-based retail channels, and on the board of directors of RealManage Holdings, Inc., a community association management company. Mr. Shisler is also an employee of CPMG, Inc., an investment management company that facilitates the investment activities of its partners.
Pixelworks, Inc. is a provider of visual processing semiconductor and software solutions that enables viewing experiences in a variety of applications. Its primary target markets are Mobile, including smartphones and tablets, home, and enterprise, including projectors, personal video recorders, and over-the-air (OTA) streaming devices, and Cinema, including creation, remastering, and delivery of digital video content. The Companyâs products categories include Semiconductor Hardware and Software and Platform Licensing. Its Semiconductor Hardware products include Visual Processor integrated circuits (ICs) for mobile devices, ImageProcessor SoCs for digital projectors and Transcoder ICs for media players, set-top-box recorders. Its Software and Platform Licensing products include Pixelworks Pro Software and TrueCut Motion Platform. Its core visual processing technologies include MotionEngine, artificial intelligence Based Display Processing, Advanced Scaling, and others.