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Solekia to Distribute GigOptix in Japan

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 Solekia Ltd., a leading distributor of electronic components and information technology, to expand its ASIC product distribution in Japan.

Under the agreement, Solekia will offer GigOptix’ Structured ASIC devices and Standard Cells along with local design and sales support to Japanese customers focusing particularly on the Industrial and Medical markets. Midoriya Electric Co. will continue to be the sole distributor for GigOptix’ optical and RF sales in Japan.

“Solekia is a superb addition to the GigOptix distributor network. They have excellent technical expertise and deep customer relationships with over 20 years of experience in providing ASIC solutions to Japanese customers, particularly in the Industrial and Medical markets,” stated Anil Chaudhry, GigOptix Director of Marketing for the ASIC products. “GigOptix, with our expertise in Structured and Standard ASIC, has taped out over 2000 designs and our Structured ASIC technology is particularly suited for the Industrial and Medical applications in Japan. Solekia’s reputation for providing dedicated customer service and superior technical support to the ASIC customers will greatly enhance GigOptix’ cost effective solutions and best-in-class service for the Japanese market.”

“We are very pleased to represent GigOptix,” said Takashi Miura, General Manager, System Business Group of Solekia in Japan. “This partnership will enable us to provide our customers with an enhanced and cost-effective portfolio of Structured ASIC and Standard Cell solutions for the Industrial and Medical applications. Solekia has a long history of providing successful ASIC solutions to major Japanese customers and we believe that GigOptix’ ASIC technology and market focus closely aligns with Solekia’s expertise and that this partnership will be mutually beneficial for successfully deploying GigOptix’ ASIC products in the Japanese market.”

{complink 10892|GigOptix Inc.}

{complink 12889|Solekia Ltd.}

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