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Pixelworks to Hold Annual Meeting of Shareholders on May 22, 2007

TUALATIN, Ore.--(BUSINESS WIRE)--May 9, 2007--Pixelworks, Inc. (NASDAQ:PXLW), an innovative provider of powerful video and pixel processing technology for digital projectors and advanced televisions, will convene its annual meeting of shareholders at 2:00 p.m. PDT, May 22, 2007. The meeting will be held at Pixelworks' headquarters at 8100 S.W. Nyberg Road, Tualatin, Ore.

A live audio Web broadcast of the meeting will be available to all interested investors at the investor section of the Pixelworks site at www.pixelworks.com, where it will remain available for replay for 30 days.

About Pixelworks, Inc.

Pixelworks, headquartered in Tualatin, Oregon, is an innovative provider of powerful video and pixel processing technology for manufacturers of digital projectors and advanced televisions. Pixelworks' flexible design architecture enables our unique technology to produce outstanding image quality in our customers' display products in a range of solutions including system-on-chip ICs, co-processor ICs and discrete chips. At design centers in Shanghai and San Jose, Pixelworks engineers relentlessly push pixel performance to new levels for leading manufacturers of consumer electronics and professional displays worldwide.

For more information, please visit the company's Web site at www.pixelworks.com.

CONTACT: Pixelworks, Inc.
Investor Inquiries
Richard Brooks, 408-200-9210
rbrooks@pixelworks.com
www.pixelworks.com
or
Pixelworks, Inc.
Media Inquiries
Chris Bright, 503-454-1770
cbright@pixelworks.com

SOURCE: Pixelworks, Inc.