[September 01, 2015]

GigOptix Announces Global Customer Operations Organization

GigOptix, Inc. (NYSE MKT:GIG), a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, today announced the inception of the Global Customer Operations Organization (GCO), under the leadership of Dr. Raluca Dinu, Executive Vice President of Global Sales and Marketing. This change in organization structure is aimed at establishing complete alignment of the company's operations with the customers' requirements, by integrating into one organization the driving of a strategic roadmap, tactical and product marketing, engineering applications, and global sales.

"While GigOptix has always been driven by technology and leading edge innovation, the continuous growth of the company requires a focused marketing driven direction. The Global Customer Operations Organization leads the business directions and provides the product and technology roadmap targeting profitable markets and strategic customers. The Marketing Department will be driven by four marketing directors each with full leadership of a roadmap and profit and loss (P&L) in their areas. With an extremely knowledgeable, technical marketing and sales team, GigOptix is poised to strengthen its business in its existing markets, develop its presence in new markets aligned with its strategic directions, and fundamentally deliver performance in line with market expectations," said Dr. Dinu.

"We are very pleased to welcome today two new Marketing Directors: Dr. Koichi Murata as Director of the GigOptix Telecom Marketing, and Mr. Anthony Jackson as Director of Wireless and RF Product Marketing," said Dr. Dinu.

Dr. Koichi Murata is a seasoned veteran of the optical communications industry. Previously, Dr. Murata worked for Nippon Telegraph and Telephone Corporation (NTT (News - Alert)) Laboratories for 26 years. His activity revolved around development of high-speed mixed-signal ICs using III-V semiconductor technologies for long-haul large-capacity optical transmission systems. As senior manager of High-Speed Devices and Technology Laboratory, and Metro-Access Network Division, Dr. Murata managed the development and commercialization of the optical components and modules for 100Gbps/400Gbps digital coherent systems, InP-based Mach-Zehender Modulator, InGaAs/InP Avalanche Photodiodes, next-generation network control LSI for the convergence of mobile and accessnetwork, and optical sab-assemblies for 100GbE and 400GbE. Dr. Murata has 96 individual patents, and has published more than 160 papers in professional journals and international conference publications.

Mr. Jackson has a long tenure at the wireless industry. He joined GigOptix from TriQuint/Qorvo where he lead the marketing RF product line, with emphasis on LNAs and SAW Filters used in mobile handsets, tablets, and other wireless devices. Prior to Qorvo, Mr. Jackson led the development and delivery of 2.5Gbps through 3Gbps wireless and RF contracts at AC Wireless.

In addition to the newly joining Dr. Murata and Mr. Jackson, the following are the Marketing Directors for the other product lines:

Tom Kapucija leads the Datacom Marketing at GigOptix. In his previous experience, Mr. Kapucija managed at Micrel (News - Alert) the product line marketing for LR/ER applications to 11.3Gbps as well as the FTTx product portfolio for GEPON, GPON, and next generation XGPON. At Mindspeed, Mr. Kapucija's primary responsibility was development and launch of the Broadcast video portfolio for HDTV applications at 1.5Gbps and 3.0Gbps as well as the asynchronous crosspoint switch portfolio to 3.2Gbps, while at Gennum, Mr. Kapucija was responsible for serial broadcast video family transition from SDTV to HDTV with definition and launch of first complete single rate chipset and roadmap definition for multi-rate family to support SDTV and HDTV requirements.

Dan Takise leads the ASIC Global Sales and Marketing activities. Previously Mr. Takise was the VP of Marketing at ESS, where his responsibility included Product Marketing, Technical Product Marketing, Application Team, and Marcom of approximately 60 people, for products that include DVD, DVD Recorder, PC and Mobile Audio, chipsets with annual revenue of more than $300 million. Before ESS, Mr. Takise was General Manager of NEC Consumer Division, responsible for VR MIPS based embedded processors, TV, Set-top Box (News - Alert) and 1394 chipsets.

About GigOptix, Inc.

GigOptix is a leading fabless supplier of high speed semiconductor components that enable end-to-end information streaming over optical and wireless networks. The products address long haul and metro telecom applications as well as emerging high-growth opportunities for Cloud and data centers connectivity, and interactive applications for consumer electronics. GigOptix offers a unique broad portfolio of drivers and TIAs for 40Gbps, 100Gbps and 400Gbps fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.

Forward-Looking Statements

This press release contains forward-looking statements of GigOptix within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including bringing of products to market with full documentation. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology, and include (without limitation) statements regarding the plans for GigOptix. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. These risks include, but are not limited to: the ability to extend product offerings into new areas or products, the ability to commercialize technology, unexpected occurrences that deter the full documentation and "bring to market" plan for products, trends and fluctuations in the industry, changes in demand and purchasing volume of customers, unpredictability of suppliers, the ability to move product sales to production levels, the ability to compete for client design-in opportunities, the ability to cross-sell to new clients and to diversify, the success of product sales in new markets or of recently produced product offerings, including bundled product solutions, and the ability of GigOptix in furtherance of its operational objectives. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of the GigOptix' filings with the SEC (News - Alert), and in its other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to GigOptix as of the date hereof, and GigOptix assumes no obligation to update any forward-looking statement.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150901005568/en/

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