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Toronto, Canada -- ViXS Systems Inc., a fabless semiconductor company and integrated software solutions provider with innovative solutions for video and data distribution over wired and wireless networks, has secured a US$1.75MM investment from the GATX/MM Venture Finance Partnership.

ViXS Systems designs semiconductor chips for use in home-based gateways. These gateways control the connectivity and transfer of data to and from the cable or satellite system, as well as the data's distribution and manipulation throughout the household. ViXS's products will enable secure Wireless and Wireline distribution of multiple video and data streams to a broad range of in-home clients.

"This investment provides us with additional growth capital and enhances our firepower," said Sally Daub, Chief Executive Officer of ViXS. "We are extremely pleased to have the GATX/MM Venture Finance Partnership on board. They bring extensive experience to our business, as well as a formidable network of key relationships."

"ViXS's solutions provide some of the fundamental technologies needed for next-generation gateways," said Minhas Mohamed, Managing Partner of MM Venture Partners. "They are uniquely positioned to capitalize on this fast growing market over the next few years."

About ViXS Systems Inc
Founded in January 2001 in Toronto, Ontario, ViXS has development centers in Toronto and in Austin, Texas. The Company is pioneering semiconductor and software solutions to create breakthroughs in the distribution of multimedia content in tomorrow's home and office environments. The Company's innovative gateway and transmission solutions work in unison to provide a unified solution for the most challenging video, voice and data networking applications. For further information please visit

About GATX/MM Venture Finance Partnership
The GATX/MM Venture Finance Partnership is a privately held, venture-debt fund that focuses exclusively on private technology companies in Canada. The Partnership focuses specifically on Canadian information technology and biotechnology companies. The partnership comprises MM Venture Partners, founded in 1998 in Toronto and GATX Capital. San Francisco based GATX Capital, is a unit of GATX Corporation, a specialized finance and leasing company active worldwide. For further information please visit and

For Further Information Contact:

Vixs Systems Inc
Donna Wong, Director Of Finance
Phone: (416) 646-2000

MM Venture Partners
Minhas Mohamed, Partner
Posted in: Communications

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