GigOptix Announces Distributor Partnership with UKC Holdings in Japan and Appoints Mr. Maasaki Shirashoji as Director of Japan Sales

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 that it has signed UKC Holding Corporation, the largest distributor of electronic components in Japan, as its distributor for all its product lines sales in Japan.

This agreement strengthens GigOptix's business presence in the Japanese Enterprise and Cloud connectivity markets, in particular in the Telecom, Datacom, RF, and ASIC segments.

Jun Takagi, Executive General Manager of UKC Holding Corp. stated, "We are very happy to add GigOptix to our comprehensive portfolio of partners, as a key supplier. We believe that Enterprise and Cloud connectivity applications will play an important role in the ceaseless technology innovation of our time. We have been looking for a strong semiconductor fabless partner that specializes in the optical networks and RF connectivity space. GigOptix has a well-recognized brand name, market accepted technology, and excellent solutions, with a good match to the needs of the Japanese Telecom, Datacom, RF and ASIC customers. We look forward to utilizing our strong sales and engineering resources to further develop the customer base in the present markets and expanding their reach into the emerging and higher volume consumer connectivity markets."

"UKC Holdings is an excellent ambassador for GigOptix in Japan. They have a strong presence that will enable us to expand our current market reach and provide the breadth of expertise that enables us to address new market segments. We look forward to working with UKC Holdings to develop these exciting and new business opportunities in Japan," stated Dr. Raluca Dinu, EVP Global Customer Operations at GigOptix.

“Additionally, it is exciting to add Mr. Maasaki Shirashoji to our global sales team,” said Dr. Dinu. “We have strengthened the sales team in Japan to support our partnership with UKC Holdings and to realize GigOptix’s growth aspirations for this territory.” Mr. Maasaki Shirashoji joins GigOptix from Midoriya Electronics.

About UKC Holdings

Founded in 2009 through a management integration between USC and Kyoshin Technosonic, UKC Holdings is a leading electronics & engineering trading company providing services and high-value products including not only semiconductor devices, electronic devices, and optical components but also electronic equipment and EMS businesses to Japanese and foreign manufacturers. With “United Knowledge Company” as the key words of its management principle, the company will make maximum use of hard resources such as its business base and management resources as well as soft resources such as its collective knowledges, experience and abilities, all of which have been expanded and enhanced by the management integration.

About GigOptix, Inc.

GigOptix, Inc. (NYSE MKT: GIG) is a lead designer, developer, and global supplier of a broad range of analog, digital, and mixed signal components to enable high-speed information streaming over the telecom networks, datacom infrastructure, and consumer electronics links. Our ability to innovate and create differentiated products is based on deployment of various semiconductor technologies that span from III-V compounds to SiGe-BiCMOS and CMOS based device designs.

GigOptix’s product portfolio provides high-speed and low-power solutions in markets such as fiber-optics telecom, wireless backhaul, datacom and consumer electronics, mil-aero, instrumentation, and medical equipment, for applications such as linecards and transponders, active optical cables and pluggables, point-to-point wireless radios, military warfare, avionics electronics, GPS systems, and diverse medical equipment, such as ultrasound imaging, X-Ray, MRI, CT Scan, and Defibrillators.

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's 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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