MDSG and ViXS Enter Into Key Customer Evaluation Lab Trials
TORONTO, ON --(Marketwired - April 09, 2015) - ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, and MDS Global Technologies (MDSG), a leading manufacturer of high-speed broadband networking equipment for the global service provider and hospitality markets, have announced the achievement of another major milestone in customer acceptance. ViXS and MDSG have progressed into customer evaluation lab trials using the XConnex EoC (Ethernet over Coaxial) chipset and solutions, further strengthening the relationship between the two companies. Customer deployments are expected to commence during the second half of this year, after these trials are successfully completed.
For the North American market, MDSG is manufacturing systems with the XConnex EoC chipset for installations into Multiple Dwelling Units (MDUs), apartments, or condominiums in cooperation with target service providers, such as Comcast, Charter, and Verizon. Further targets include the deployment of managed IP services within the hospitality segment for international hotel brands such as Marriott, Hyatt, and Hilton. Outside of North America, MDS Global, and ViXS are leveraging their existing integrator and reseller channels to sell white label/ODM system solutions and Manufacturing Development Kits (MDK's).
ViXS' XConnex EoC family of chips enable high-speed broadband access and managed IP services over new or existing coaxial networks. The XConnex EoC chipset family, coupled with MDS' system designs, bring new dimensions to the EoC market reducing 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 and MDSG market experience together to deliver robust operation and unique software upgradability, and specifically addresses deficiencies in competing solutions.
"MDS Global is thrilled to be part of this trial with several major vendors in the MDU and hospitality market," said Jim Luciano, Managing Director, MDS Global Technologies. "ViXS has been a great partner to work with, and these trials further solidify and extend our relationship."
"These customer lab trials are an important validation stage for our product family. Certification by these labs opens the door to rapid acceptance in the hospitality segment, and service operator market and is a significant milestone," said John Pomeroy, VP Sales, Cloud & CPE at VIXS systems. "We are confident that the ViXS XConnex EoC based solution from MDS Global will exceed expectations in these trials, and we look forward to announcing more EoC customers throughout 2015 and into next year."
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 522 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 firstname.lastname@example.org Nicole Marchand Investor Relations, Consultant ViXS Systems Inc. T: 1 416 646-2000 ext. 3 IR@vixs.com