GigOptix Receives $6.1 Million Order with One of the World’s Largest Suppliers of Advanced Aerospace and Defense Products

Delivery Scheduled to Start in the 4th Quarter of 2015

SAN JOSE, Calif.--()--GigOptix, Inc. (NYSE MKT:GIG), leading supplier of advanced high speed semiconductor components for use in long-haul, metro, Cloud connectivity, data centers, consumer electronics links and interactive applications, through optical and wireless communications networks, announced today the booking of a $6.1 million order with one of the world’s leading suppliers of advanced aerospace and defense technology to deliver advanced ASIC products with applications in avionics for the next two years.

This order is in addition to the $7.9 million order GigOptix announced in May 2015 from another major supplier in this same industry.

“The significant orders we have received this year from world class suppliers of advanced aerospace and defense products are a clear confirmation of the leadership that GigOptix has in the field of high-speed and mixed-signal RF products and its broad offering of advanced mixed-signal ASIC solutions. GigOptix offers ASIC solutions spanning from Structured ASIC to full custom advanced mixed-signal designs, which support many high valued markets such as Optical Communications, Wired/Wireless Networking, and Consumer,” said Dan Takise, Director of Global Sales and Marketing for ASIC products.

About GigOptix, Inc.

GigOptix, Inc., (NYSE MKT: GIG) is a leading fabless supplier of high-speed semiconductor components that enable end-to-end information streaming over optical and wireless networks. Its products portfolio addresses emerging telecom long-haul and metro applications, datacom Cloud and data center connectivity, point-to-point backhaul wireless applications, and interactive interfaces for consumer electronics. The Company offers a broad portfolio of high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers, TIAs for 40Gbps and 100Gbps fiber-optic telecommunications and data-communications networks, and Clock Data Recovery (CDR) technology.

GigOptix also offers a wide range of digital and mixed-signal ASIC solutions in a wide range of technology geometries from 28nm to 0.6um, and enables a complete product life cycle support form swift introduction of new product through its ASIC SunriseTM program to extension of legacy products through its GigOptix Sunset RescueTM program.

Contacts

Media:
GigOptix, Inc.
Dan Takise, +1 408-522-3147
Director of Global Sales and Marketing ASIC
dtakise@gigoptix.com
or
Investor Relations:
Darrow Associates, Inc.
Jim Fanucchi, +1 408-404-5400
ir@gigoptix.com

Contacts

Media:
GigOptix, Inc.
Dan Takise, +1 408-522-3147
Director of Global Sales and Marketing ASIC
dtakise@gigoptix.com
or
Investor Relations:
Darrow Associates, Inc.
Jim Fanucchi, +1 408-404-5400
ir@gigoptix.com