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TheStreet Open House

GigOptix Appoints Mr. Tom Mitchell, Chairman And CEO Of Fabrinet, To Its Board Of Directors

GigOptix, Inc. (NYSE MKT: GIG), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, today announced that Mr. David T. (Tom) Mitchell has been appointed to fill a vacancy on GigOptix's Board of Directors as an independent Class I Director.

Mr. Mitchell has over 33 years of experience in the electronics and semiconductor industries, while founding and co-founding two of the biggest manufacturing names in the industry. Currently, Mr. Mitchell is the Chairman, Chief Executive Officer and founder of Fabrinet (NYSE: FN) for which he established the company vision of striving through manufacturing excellence and customer focus to be the very best manufacturing outsourcing solution for complex optical, industrial and automotive products. Mr. Mitchell was also a co-founder and president of Seagate Technology, a leading disk drive company, and formerly Thailand’s largest foreign employer.

Mr. Mitchell is widely considered a pioneering force in the establishment of Asia as the pre-eminent manufacturing base for the hard disk drive industry. With his extensive experience in manufacturing of complex high precision electronics, Mr. Mitchell leveraged his expertise into other vertical markets such as optical, automotive and industrial products. Today many of the world’s leading technology companies look to Fabrinet for the manufacture of their complex technology products. Mr. Mitchell has successfully established high quality, high volume, and low cost manufacturing bases in Singapore, Thailand, Malaysia, India and China.

Mitchell received his Bachelor of Science degree in Economics from Montana State University. He has also served as Captain in the U.S. Marine Corp.

“As we move from an early stage company to a globally mature, world-class quality manufacturing organization, I am delighted that Tom accepted our invitation to join our Board of Directors and welcome him on board,” commented Dr. Avi Katz, Chairman, Chief Executive and President of GigOptix. “His wealth and depth of experience, pioneering the Asia Contract Manufacturing Industry, and building the leading CM of high-speed optical components in the world, will certainly add a new level of professional and technical expertise to our team, as we continue to rapidly grow as a production trusted partner with our large number of industry leading customers. With Tom’s appointment, we now have a board comprised of five independent directors whose diverse experiences will lead us to new and exciting horizons in GigOptix journey’s next chapter.”

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