Flexible Picture Systems Acquires Silicon Optix’s Image AnyPlace and Whitehorse Product Lines

San Jose, CA.—Silicon Optix, the leader in advanced video processors, is pleased to announce that its Image AnyPlace brand of geometry correcting scalers and its Whitehorse line of OEM HQV video processors have both been acquired by Flexible Picture Systems of Richmond Hill, Ontario. Effective immediately, both product lines will be available exclusively from Flexible Picture Systems.

In addition to the product lines, Flexible Picture Systems has also acquired the rights to develop follow-on products based on Silicon Optix’s award winning technology. Both existing and new products will be sold through the existing Image AnyPlace network of representatives and distributors, under the same terms and conditions that have been in effect. Pricing, commissions and discount structure for all Image AnyPlace products will remain unchanged.

“As we begin the release of the next generation Silicon Optix IC products, we must concentrate on our core strategy of achieving rapid growth by providing high quality, video processing ICs to the widest possible consumer electronic market. Our high-end Image AnyPlace systems business has been very successful, but this business is not a good fit for our long term IC strategy,” said Steve Wood, VP Business Development for Silicon Optix. “Accordingly, we feel that Image AnyPlace will best be developed by specialists in the pro AV field, and that Flexible Picture Systems offers the best continuation strategy for this business. We will assist Flexible Pictures Systems in achieving the smoothest possible transition.”

“We are thrilled to begin this exciting new venture. We have long been familiar with the Silicon Optix ICs as the finest video processors in the market. Recently, we began development of Realta and Reon based products for introduction in late 2008. Now, with the addition of Image AnyPlace and Whitehorse, we will have a flying start,” said Saeid Mohmedi, VP Operations for Flexible Picture Systems.