GigOptix Inaugurates Its Headquarters in Tokyo, Japan, and Appoints Mr. Yoshi Koizumi as Director of Asia Pacific Sales

GigOptix, Inc. (NYSE MKT: GIG), a 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, today announced the opening of its GigOptix-Japan office, located in Tokyo, and the immediate appointment of Mr. Yoshi Koizumi to the position of Asia Pacific (APAC) Sales Director.

“With our rapidly expanding business in the APAC region over the last few years, it is exciting to add a high-performance optical communications and wireless industry veteran with Mr. Koizumi’s experience and track record to our team,” said Dr. Raluca Dinu, GigOptix’ Senior VP of Global Sales and Marketing. “We have added yet another impact player with a proven ability to realize our growth aspirations leading our sales efforts in Asia Pacific territory.”

Prior to joining GigOptix, Mr. Koizumi managed the sales operations of TriQuint Semiconductor in Japan. Mr. Koizumi’s experience includes participation in both 40Gbps and 100Gbps optical driver design-in as well as point-to-point MMIC design-in with major Japanese telecommunications corporations. Prior to his lengthy tenure with TriQuint Semiconductor, Mr. Koizumi had managed the structured ASIC sales and marketing effort at NEC Electronics.

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, 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.

Media:GigOptix, Inc.Dr. Raluca Dinu, 408-522-3117SVP Global Sales and Marketingrdinu@gigoptix.comorGigOptix-JapanMr. Yoshi Koizumi, +81-3-6892-4068Tobu Building 5F, 6-28-9, Jingumae,Shibuya-ku, Tokyo 150-0001, Japanykoizumi@gigoptix.comFax: +81-3-6892-4041orInvestor Relations:Darrow Associates, Inc.Jim Fanucchi, 408-404-5400ir@gigoptix.com

GigPeak, Inc. (AMEX:GIG)
Historical Stock Chart
From Apr 2024 to May 2024