ViXS Systems has been ranked 23rd fastest growing technology company in
    Canada

TORONTO, Oct. 1 /PRNewswire/ - ViXS Systems Inc., the leader in highly innovative and advanced networked multimedia solutions today announced that it has been named one of the 50 fastest growing technology companies in Canada in the 2009 Deloitte Technology Fast 50(TM) ranking. ViXS Systems has been ranked 23rd among the 2009 Deloitte Technology Fast 50(TM) companies. This exciting milestone for ViXS Systems extends its ranking to three consecutive years that it has been named as one of the 50 fastest growing technology companies in Canada.

The Deloitte Technology Fast 50(TM) is Canada's pre-eminent technology awards program and provides ranking of the country's 50 fastest growing technology companies based on percentage revenue growth over five years. Deloitte launched the program twelve years ago to celebrate the world-class achievements of the Canadian technology sector. Combining rapid revenue growth, technological innovation and entrepreneurial spirit, Deloitte Technology Fast 50(TM) companies - large, small, public, private - span a variety of industry sectors, and are leaders in hardware, software, telecommunications, and emerging areas, such as green technology and nanotechnology. The program also augments the broader Deloitte North American Deloitte Technology Fast 500 program, as winners are automatically eligible for this prestigious ranking.

"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of a global recession," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "ViXS Systems is an example of the determination, drive and skill that will serve to position them for further growth and success as the economic recovery takes hold."

"Being acknowledged by the prestigious Deloitte Technology Fast 50(TM) ranking for a third consecutive year is a significant milestone for ViXS and a testament to our dedication to innovation", said Sally Daub, President and CEO of ViXS Systems Inc. "By enabling Tier One Consumer Electronic and Set Top Box manufacturers with these technologies, ViXS has been able to lead the industry with end consumer products that have been voted as best in class."

About the Deloitte Technology Fast 50(TM)

The Deloitte Technology Fast 50(TM) program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50(TM) Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50(TM) candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15(TM) Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC, Wellington Financial, Stonewood Group, HKMB Hub, CATAAlliance, CleanTech Group, IGLOO, ITAC, MaRS and Microsoft. For further information, visit www.fast50.ca

About ViXS Systems Inc.

ViXS Systems Inc. is a multimedia solutions innovator providing technologies for processing, managing, securing and distributing high quality video and audio allowing seamless multimedia control, conversion, and connectivity between any class and size of digital entertainment device. ViXS Systems supplies advanced System-on-a-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 and Blu-Ray players/recorders. ViXS Systems is a leading fabless semiconductor company headquartered in Toronto, Canada with global operations and offices in Europe, Asia and North America. ViXS has filed more than 250 patents worldwide with over 60 patents being issued to date. Listed as one of the 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. ViXS can be contacted at +1 416 646-2000 or at www.vixs.com.

SOURCE ViXS Systems Inc.

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