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GigOptix Welcomes Mr. Victor Tu as Vice President of Sales for the Asia Pacific Region

SAN JOSE, Calif.--(BUSINESS WIRE)--Sep. 5, 2012-- GigOptix, Inc. (NYSE MKT: GIG), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, today announced that Victor Tu, who brings nearly 20 years experience in sales and engineering, is the new Vice President of Sales for the Asia Pacific Region.

“The addition of Victor to the GigOptix family adds significant strength and experience to our international sales approach,” stated Dr. Avi Katz, Chief Executive Officer and Chairman of the Board of GigOptix. “We have continuously grown our business in the Asia Pacific Region to date but this new role will enable us to take our customer engagements to the next level. We are challenging Victor to help improve our market position in one of the fastest growing regions for the communications market. Going forward we are confident that this new appointment will prove beneficial to our customers and help garner additional new business. I believe that with Victor’s extensive knowledge and industry contacts, he will make an immediate impact to our bottom line and I look forward to the new business developments that he will bring to GigOptix as he builds a solid sales team in the region under his leadership.”

About Victor Tu

Mr. Tu has nearly 20 years of semiconductor sales and engineering experience. Prior to joining GigOptix, he served as VP of Sales (APAC) at Gennum Corporation, which was acquired by Semtech Corporation in March of 2012. Victor was responsible for growing sales revenues through direct sales and regional distribution channels in support of their analog and mixed signal products. Previously, Mr. Tu worked for an array of startup optical component companies where he managed and directed worldwide sales. Victor started his career in product development and has worked for various semiconductor and high-tech companies. Victor received his BS degree in Electrical Engineering Technology from Old Dominion University in Norfolk Virginia.

About GigOptix, Inc.

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 broad portfolio of high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers, TIAs and TFPSTM optical modulators for 40G and 100G fiber-optic telecommunications and data-communications networks. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.

Source: GigOptix, Inc.

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