Here is the description from the manufacture:

EventiX™ by Analog Way is a Computer & Video Up/Down Mixer Scaler Switcher with numerous effects: cut, wipes, fade, PIP and title, together with hi–res. logo insertion and frame store functions. Fitted with 8 universal inputs, it can be used as a Mixer or as an 8x2 scaled Matrix.

Common Features in Matrix and Mixer Modes EventiX provides a high quality image thanks to its integrated digital decoder, improved 3:2 and 2:2 pull-down circuitry, auto-adaptive pixel by pixel 3D motion compensation, time base corrector and frame rate converter & follower. Each input image control can be individually set and stored in non-volatile memory.

Mixer Mode EventiX scales all sources - Video and Computer - and performs mixing and seamless switching transitions between any 2 inputs. The 2 Main outputs match the native resolution of any video projector or Hi-Res. display device, and the Preview outputs allow to monitor the sequences before they are displayed on the main screens to avoid errors during a presentation.

EventiX features the following effects: PIP, Fade, Title, Cut and Wipes.

Logo Insertion and Frame Stores Record 2 full-screen images and 8 logos in 16 million colors in non-volatile memory. Images and logo(s) can be flash captured from any Video or Computer source by keying or image cut-out. Up to 2 logos can be allocated per input and positioned anywhere on the screen. The frame store can be used as a welcome or transition image while switching between 2 sources.

Native Matrix Mode EventiX switches any of the 8 inputs to 1 of the 2 or both outputs. Inputs are scaled and can be displayed with different resolutions on outputs 1 and 2. EventiX is specifically designed with a full control front panel for Hi-Res. A/V presentation displays, large events, and for the rental and installation markets. It offers a user-friendly interface and can be easily controlled & upgraded via its RS232, TCP-IP or by using the optional remote keypad.