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ViXS Systems Inc.

11:46 AM EST - ViXS Systems Inc. : Announced that its board of directors has authorized the Company to proceed with two non-brokered private placements The Private Placements consist of: a private placement of secured subordinated convertible debentures and a private placement of units. ViXS Systems Inc. shares T.VXS are trading down $0.045 at $0.36.