December 17, 2014

ViXS Reports Third Quarter Fiscal 2015 Results

20% Q/Q and 48% Y/Y Revenue Growth; Product Margin Increases to 51%

TORONTO, ONTARIO--(Marketwired - December 17, 2014) - ViXS Systems Inc. (TSX:VXS) a pioneer and leader in media processing solutions, reported its third quarter fiscal 2015 results for the period ending October 31, 2014 today.  All results are reported under International Financial Reporting Standards ("IFRS") and in U.S. dollars, unless otherwise specified. ViXS reported Q3FY15 revenue of $10.8 million, total comprehensive loss of $(2.9) million and non-IFRS net loss of $(2.2) million.

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