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GigOptix Appoints Industry Veteran Emad Afifi as Senior Director of CMOS Engineering

Companies mentioned in this article: GigOptix, Inc.

SAN JOSE, Calif. -- (BUSINESS WIRE) -- 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 immediate appointment of industry veteran Mr. Emad Afifi, co-founder of Ensphere Solutions, to the newly created role of Senior Director of CMOS Engineering for the Datacom and Consumer Product Lines.

“Now that we see our SiGe technology moving into the high volume applications in the datacom and consumer markets, augmenting and diversifying the design activities in our Zurich and Auburn design centers, we hired Mr. Emad Afifi to lead the next generation of CMOS products. I am happy to welcome Emad to the GigOptix team. Emad adds more than 20 years of CMOS and SiGe high-speed links product development experience to GigOptix,” said Mr. Andrea Betti-Berutto, Chief Technical Officer at GigOptix, Inc. “Emad will lead our CMOS consumer and advanced product initiatives and will help us accelerate GigOptix’s presence into these markets.”

Prior to joining GigOptix, Mr. Afifi co-founded Ensphere Solutions, where he held the position of Vice President of Engineering, in charge of SiGe and CMOS transceiver and SERDES development. Mr. Afifi’s experience includes participation in more than 20 IC and SOC designs covering different communication standards from ADSL to optical communications. Prior to Ensphere, Mr. Afifi worked in various engineering roles for more than 15 years at Centillium Communications and Philips Semiconductors.

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 in a wide range of technology geometries from 28nm to 0.6um, and enables a complete product life cycle support from swift introduction of new product to extension of legacy products.

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, and the success of product sales in new markets or of recently produced product offerings, including bundled product solutions. 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.

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