The Rights expire on February 4, 2018 (unless previously triggered), and are subject to redemption by the Board of Directors at $.001 per Right at any time prior to the first date upon which they become exercisable to purchase common shares.

Giga-tronics will provide Shareholders with further details of the Rights Plan in a letter to be mailed in the next several weeks.

Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.

The Giga-tronics Incorporated logo is available at
CONTACT: Frank Romejko         Vice President of Finance / Interim Chief Financial Officer         (925) 302-1014

company logo

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