GigOptix, Inc. Announces $750,000 Order for Next Generation 100G DWDM Modulator Drivers

PALO ALTO, Calif., Apr 07, 2011 -- GigOptix, Inc. (OTCBB:GGOX), a leading supplier of electronic and electro-optic components for fiber-optic systems, today announced the booking of a $750,000 purchase order for its 100G quad-driver for use by our tier 1 telecom customer in its 100G DWDM (Dense Wavelength Division Multiplexing) networking systems. The order will be delivered in the second and third quarters of 2011.

GigOptix's GX62450 100G DP-QPSK (Dual Polarization Quadrature Phase Shift Keying) driver is designed to be plug-in compatible with industry available 100G Multiplexer and Mach-Zehnder Modulators. The GX62450's GPPO connectorized form factor ensures optimal RF coupling to the 100G optical modulator inputs and also occupies less board-level real estate than comparable surface mounted device solutions.

Padraig O'Mathuna, Vice President of Marketing, commented, "GigOptix is very proud to have received this order for our next generation 100G drivers, which underscores our industry proven 100G solutions as the broadest portfolio of its kind. 100G is quickly becoming an industry reality driven by increased demand for more bandwidth due to smartphone usage, IPTV and cloud services, as well as other video and data intensive applications. Next generation wired and wireless networks will require high-speed optical links to enable the content delivery demanded by consumers. In fact Cisco is predicting a compounded annual growth rate for IP traffic of 34% through 2014. We see robust demand for our 100G products in 2011 and expect the 100G market to be one of the major growth engines for our company going forward."

ABOUT GIGOPTIX

GigOptix is a leading supplier of high performance electronic and electro-optic components that enable next generation 40G and 100G fiber-optic telecommunications and data-communications networks. The Company offers a broad portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, laser drivers and receiver amplifiers for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 100G. GigOptix also offers the widest range of mixed-signal and RF ASIC solutions in the market including Standard Cell, Hybrid and Structured ASICs targeting the Consumer, Industrial, Defense & Avionics industries.