MDS to Launch Solutions for Managed IP Services in Global MDU and Hospitality Markets
TORONTO, ON --(Marketwired - December 19, 2014) - ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, today announced that MDS Global Technologies (MDS) has placed initial production orders for ViXS' recently announced XConnex Ethernet over Coax (EoC) chipsets. MDS is a leading manufacturer of high-speed broadband networking equipment for the global service provider and hospitality markets.
For the North American market, MDS is manufacturing systems with the XConnex EoC chipset for installations at Multiple Dwelling Units (MDUs), such as apartments, in cooperation with service providers, as well as for deployment of managed IP services in the hospitality segment. Outside of North America, MDS will leverage its existing integrator and reseller channel to sell white label/ODM system solutions. MDS has begun to promote and sell these EoC products/solutions with system deliveries beginning by the end of Q1'2015.
ViXS' XConnex EoC family of chips enable high-speed broadband access and managed IP services over new or existing coaxial networks. Less than a month after launch, the XConnex EoC chipset family has received considerable global attention for its ability to help operators reduce deployment and operational costs by up to 50% through shorter installation time, reduced capital expenses, and lower maintenance costs. This EoC solution leverages years of ViXS R&D to deliver robust operation and unique software upgradability, and specifically addresses deficiencies in competing solutions.
"MDS Global is excited to launch a market-leading solution for MDUs and hospitality customers, driven by the distinct advantages of ViXS' EoC chip family," said Jim Luciano, CEO, MDS Global Technologies. "ViXS has been a great partner to work with, and we look forward to developing robust sales in these markets."
"ViXS is extremely pleased that MDS Global selected the XConnex EoC chips for their latest solution," said John Pomeroy, VP Sales, Cloud & CPE at VIXS systems. "The XConnex EoC chips enable MDS to deliver significant cost savings to their MDU and Hospitality customers, and we look forward to announcing more EoC customers going into 2015."
ABOUT MDS GLOBAL TECHNOLOGIES MDS Global Technologies is a leading international specialty software developer and specialty hardware manufacturer of high-speed broadband networking equipment. Our patented technology advances Ethernet over Coax (EoC) Cable network equipment capabilities creating greater opportunity for higher bandwidth distribution using existing embedded coaxial cable plant infrastructure. Internet Bandwidth Service Providers, Operators and Telco's now will have the opportunity to offer more services, resulting in higher revenue over their existing networks. Headquartered in County Meath, Ireland, MDS Global Technologies was founded in December 2013 and is currently extending its reach throughout North America, South America, Europe, Canada, South Korea, and will soon have a presence in India. For more information on MDS Global Technologies, please visit www.mdsglobaltechnologies.com.
About ViXS Systems Inc. ViXS is the pioneer and market leader in designing revolutionary media processing semiconductor solutions for the broadcasting and consumer electronics industries, with over 467 patents issued and pending worldwide, numerous industry awards for innovation, and over 31 million media processor shipments to date. ViXS is driving the transition to video over IP streaming and Ultra HD 4K across the entire content value chain by providing professional and consumer grade chipsets that support the new High Efficiency Video Coding (HEVC) standard up to Main 10 Profile, reducing bandwidth consumption by 50% while providing the depth of color and image clarity needed to take advantage of higher-resolution content. ViXS' XCodePro 300 family is ideal for Ultra HD 4K infrastructure equipment, and the XCode 6000 family of system-on-chip (SoC) products achieve unprecedented levels of integration that enable manufacturers to create cost-effective consumer entertainment devices.
ViXS is headquartered in Toronto, Canada with offices in Europe, Asia and North America. VIXS™, the ViXS® logo, XCode®, XCodePro™, XConnex™ and Xtensiv™ are trademarks and/or registered trademarks of ViXS. Other trademarks are the property of their respective owners. For more information on ViXS, visit our website: www.vixs.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
For further information, please contact:
Charlie Glavin ViXS Systems Inc. T: +1 416 646-2000 email@example.com Nicole Marchand Investor Relations, Consultant ViXS Systems Inc. T: 1 416 646-2000 ext. 3 IR@vixs.com