|GigOptix Appoints Mr. Tom Mitchell, Chairman and CEO of Fabrinet, to its Board of Directors|
SAN JOSE, Calif.--(BUSINESS WIRE)--Jun. 25, 2012--
Mr. Mitchell has over 33 years of experience in the electronics and semiconductor industries, while founding and co-founding two of the biggest manufacturing names in the industry. Currently, Mr. Mitchell is the Chairman, Chief Executive Officer and founder of
Mr. Mitchell is widely considered a pioneering force in the establishment of
Mitchell received his Bachelor of Science degree in Economics from
"As we move from an early stage company to a globally mature, world-class quality manufacturing organization, I am delighted that Tom accepted our invitation to join our Board of Directors and welcome him on board," commented Dr.
"This is the first time I have accepted such an offer to join a board of directors of a public company and I am looking forward to this new role as a Director on the GigOptix Board. The future looks very promising for
GigOptix is a leading supplier of semiconductor and optical components that enable high speed information streaming and address emerging high growth opportunities in the communications, industrial, defense and avionics industries. The Company offers a unique broad portfolio of Drivers, TIAs and TFPSTM optical modulators for 40G, 100G and 400G fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz.
This press release contains forward-looking statements 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 statements of the plans and objectives of management of future operations. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology, and include (without limitation) statements regarding growth, opportunities, continued traction, contracts, and improvement. 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, unexpected occurrences that deter the full documentation and "bring to market" plan for products that were developed this year and last year, trends and fluctuations in the industry, changes in demand and purchasing volume of customers, unpredictability of suppliers, our ability to attract and retain qualified personnel, the ability to move product sales to production levels, the ability to develop manufacturing capabilities and expertise, 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, the amount of cost savings, the ability to improve productivity, the ability to pursue and attract other M&A opportunities, the ability to enforce intellectual property rights, and the ability to maintain and continue relationships with government agencies. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of the company's filings with the