PALO ALTO, Calif. -- GigOptix (OTC Bulletin Board: GGOX - News), a leading supplier of electronic and electro-optic semiconductor products for fiber-optic communications systems, today announced that it has been awarded the next generation ASIC design by Hatteras Networks, the global leader in multi-service Ethernet solutions for enterprise access services and next-generation mobile backhaul.

GigOptix provides a broad offering of value-added ASIC solutions and services, including Standard Cell, Structured ASIC and Hybrid ASIC technology, with expertise in PCI Express, USB 2.0, DDR/DDR2 and data conversion mixed-signal cores. GigOptix combines a rich portfolio of high speed analog and digital IP with complementary technical skills in analog and digital design that enable the development of new solutions for both the copper and fiber optic connections.

Padraig O’Mathuna, Vice President of Marketing of GigOptix commented, “We are delighted that Hatteras Networks has chosen to use our ASIC solution in their systems. GigOptix has a solid history in providing high performance differentiated solutions to network equipment manufacturers. Hatteras Networks is a market leader in Carrier Ethernet solutions, and this win demonstrates that GigOptix not only has differentiated technology in high speed optical communication, but also provides advanced solutions for the complex digital circuitry required within network equipment.”

GigOptix Inc. (OTC: GGOX)