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GigOptix Signs Distributor Agreement With WPG Americas

PALO ALTO, Calif. — GigOptix, Inc. (OTCBB:GGOX), a leading supplier of high performance electronic and electro-optic components that enable next generation 40G and 100G optical networks, today announced that it has signed WPG Americas, Inc., (WPGA) one of the top three IC component distributors worldwide, as its sole distributor for ASIC sales in the Americas.

Under the terms of the agreement, WPGA will distribute GigOptix’s Standard Cell, Hybrid and Structured ASICs throughout the Americas. These ASIC products are particularly well suited for Mil/Aero, Industrial, Medical & Communication markets and align very well with WPGA’s current line card offerings.

“Our partnership with WPG Americas will further support our growing penetration into North, Central and South America ASIC market,” stated Jay de la Barre, Vice President of Sales for GigOptix. “The breadth of experience and customer relationships of WPG Americas will be a great asset to GigOptix, and we look forward to a profitable and growing relationship.”

“WPG Americas is excited to add an ASIC solution for our customers, GigOptix has a strong portfolio for the Mil/Aero, Industrial, Medical & Communication markets,” said Greg Provenzano, North America Vice President of Sales and Engineering Solutions. “GigOptix products also align very well with WPGA’s current line card offerings, and we look forward to expanding the market with them.”

For more information, please contact Roger Elliott at WPG Americas, Inc. at 480-392-8100 or roger.elliott@wpgamericas.com.

{complink 10892|GigOptix Inc.}

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