GigOptix Chosen As Sole IC Production Partner By One Of The World’s Largest Suppliers Of Optical Communications Components And Subsystems

GigOptix, Inc. (NYSE MKT: GIG), a supplier of advanced semiconductor and optical communications components, today announced that GigOptix has become the sole long reach (LR) transimpedance amplifier (TIA) supplier for one of the largest suppliers for fast growing 40 Gbps QSFP+ LR transceivers.

GigOptix has been a key supplier of TIAs for several years, having shipped hundreds of thousands of LR TIA devices to channel partners to date. This new supply partnership with one of the world’s largest suppliers of optical communication components and subsystems further validates GigOptix's position, as they look to advance their leadership position in the fast growing QSFP+ market.

“GigOptix is pleased to now become the sole independent 40 Gbps LR TIA production supplier to one of the world’s largest suppliers of optical communication components and subsystems. This new supply agreement reaffirms our position as the leading industry merchant provider of TIAs to the heavily deployed 40 Gbps QSFP+ LR transceiver market. We have been working very hard to support our partners in delivering quality systems to the market as fast as possible. This hard work has produced an outstanding production shipment volume and has put GigOptix into a leading position in many applications including LR TIAs for transceiver applications,” said Dr. Raluca Dinu, General Manager and Vice President of the Optics Product Line at GigOptix, Inc. “This announcement demonstrates that GigOptix continues to enhance its product portfolio and performance offering. The success that GigOptix has seen in the LR market builds on our success in the short reach (SR) datacom market. GigOptix is becoming the leading supplier of choice to many pluggable transceiver manufacturers. We are pleased with the progress to date, and we will continue to work to grow GigOptix high speed datacom component deployments in the future.”

About GigOptix, Inc.

GigOptix is a leading fabless supplier of semiconductor and optical components that enable high speed information streaming that address emerging high growth opportunities in the communications, industrial, defense and avionics industries. The Company offers a broad portfolio of high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers, TIAs and TFPSTM optical modulators for 40 Gbps and 100 Gbps fiber-optic telecommunications and data-communications networks. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program .

Copyright Business Wire 2010

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