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ViXS Systems Sets Date for Release of Q3 Fiscal 2017 Results

TORONTO, ON--(Marketwired - December 02, 2016) - ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, will release its Fiscal 2017 third quarter results on Wednesday December 14, 2016 after market close. ViXS will host at a conference call at 5:00 P.M. Eastern Time where Chief Executive Officer, Sohail Khan and Chief Financial Officer, Charlie Glavin will discuss the Company's results.

FISCAL 3Q17 CONFERENCE CALL DETAILS:

                                                                            
DATE:            December 14, 2016                                          
                                                                            
TIME:            5:00 P.M. EST                                              
                                                                            
DIAL IN NUMBER:  North American Toll: Free: 1-(866)-215-5508                
                 International: (514) 841-2157                              
                                                                            
                 Passcode: 4389 7320#                                       
                                                                            
REPLAY NUMBER:   North American Toll: Free: 1-(888)-843-7419                
                 International: (630) 652-3042                              
                                                                            
                 Passcode: 4389 7320#                                       
                                                                            
WEBSITE:         To view the press release or any additional financial      
                 information, please visit the Investor Relations section of
                 the ViXS website at: http://investor.vixs.com/investor-    
                 relations/                                                 
                                                                            

About ViXS Systems Inc.

ViXS is a pioneer and market leader in designing revolutionary media processing semiconductor solutions for video over IP streaming solutions, with over 482 patents issued and pending worldwide, numerous industry awards for innovation, and over 33 million media processor shipped to date. ViXS is driving the transition to 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 12 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.

Forward-Looking Statements Statements in this press release that are not historical facts constitute "forward-looking statements" within the meaning of applicable securities laws. Such statements include, but are not limited to, statements regarding ViXS' projected revenues, gross margins, earnings, growth rates, the impact of new product design wins, market penetration and product plans. The use of terms such as "may," "anticipated," "expected," "projected," "targeting," "estimate," "intend" and similar terms are intended to assist in identification of these forward-looking statements. Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause ViXS' actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements.

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