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ViXS Systems Inc
Symbol VXS
Shares Issued 50,374,682
Close 2014-10-30 C$ 1.22
Market Cap C$ 61,457,112
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ViXS provides XCode 6400 for Panasonic UHD 4K TVs

2014-10-31 09:07 ET - News Release

Ms. Sally Daub reports

PANASONIC AND VIXS COLLABORATE ON UPDATED UHD 4K STREAMING SERVICES FUNCTIONS FOR AX800 TVS

Panasonic and ViXS Systems Inc. have collaborated on updated ultrahigh-definition (UHD) 4K functions for Panasonic's AX800 line of UHD 4K televisions, including UHD 4K Netflix streaming services. The ViXS XCode 6400-decoder-powered Panasonic AX800 line of UHD 4K TVs supports UHD 4K HEVC (high-efficiency video codec) at 60 frames per second with 10-bit HEVC with Rec 2020, allowing Panasonic to move to market rapidly with its UHD 4K TV lineup. Today's UHD 4K streaming services are migrating the delivery of high-quality programming to end-users using HEVC in brilliant, highly detailed UHD resolution at 30 fps and furthermore at an ultrasmooth 60 fps. These next-generation streams bring more than one billion colours to life while delivering visibly smoother colour transitions, less banding and greater depth, resulting in a stunning and immersive viewing experience for the consumer. The video and entertainment industries are witnessing an accelerating growth in UHD 4K 10-bit content and services.

Yuki Kusumi, executive officer and senior vice-president of Panasonic's appliances company with responsibilities which also include Panasonic's TV business, said, "We are delighted that ViXS's innovation and execution found in the XCode 6400 played a significant role in providing UHD 4K functions, including Netflix streaming services on our AX800 TVs."

"ViXS is extremely excited to be working with Panasonic, one of the largest consumer electronics brands in the world, on providing their customers the ability to experience Netflix streaming in 4K on the AX800 line of TVs," said Sally Daub, president and chief executive officer, ViXS Systems. "Panasonic is a highly valued partner of ours, and their decision to choose the XCode 6400 further demonstrates the lead ViXS has in the ultra-HD and HEVC SoC [system on chip] market."

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