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 received significant orders for both its GX3220 40G transimpedance amplifier (TIA) and its GX62455 100G Mach-Zehnder (MZ) optical modulator driver devices from a number of new Tier 1 customers.

GigOptix expects these initial purchase orders will be delivered in the first half of 2011 with the potential to generate significant additional revenue in second half 2011 and into 2012.

"We are very happy to see our strategy of focusing on the high growth 40G and 100G markets bearing fruit," stated Padraig O'Mathuna, GigOptix Vice President of Marketing. "As the only pure play semiconductor vendor concentrating on the high speed optical space, we have established a very strong product portfolio in both the 40Gb/s RZ-DQPSK and the 100Gb/s DP-QPSK markets and we have won new customers and grown market share over the last couple of quarters with our high performance devices. Moreover, we are unique in the industry by offering the only Bundled Solution comprised of a Transimpedance Amplifier (TIA), Thin Film Polymer on Silicon (TFPSTM) MZ modulator with a matched driver. Our Bundled Solution provides customers with a mechanism to reduce engineering expenditures and accelerate time-to-market on new products, as well as an opportunity to leverage GigOptix's industry leading low power solutions with greater cost efficiencies."

GigOptix's GX3220 is an industry leading low power differential input linear TIA designed for 40Gb/s RZ-DQPSK receiver applications with tunable frequency range enabling up to 32Gb/s, a high linearity and low harmonic distortion, and support for a variety of photodiodes. GigOptix's GX62455 is a high voltage output, 100Gb/s quad MZ modulator driver in a compact form factor GPPO module that includes integrated low and high frequency chokes and requires no external components. The connectors on the GX62455 have been designed to be form factor compatible with industry leading 100Gb/s multiplexer and modulators for simpler system integration.

Daryl Inniss, Vice President and Practice Leader at Ovum, commented, "The 40Gb/s and 100Gb/s DWDM markets are among the fastest growing segments in optical communications. Operators are now upgrading their networks from 10G/s to 40G/s and 100Gb/s as they seek to address the increasing bandwidth demands from consumers." In their most recent report on optical components, Ovum forecasted the 40Gb/s DWDM market would more than double from 2011 to 2015 and the 100Gb/s DWDM market would grow with a 250% CAGR over the same period.

GigOptix Inc. (OTC: GGOX)