|GigOptix Selected as a "Best and Brightest" Technology Leader|
PALO ALTO, Calif., Feb 17, 2011 (BUSINESS WIRE) --
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 been chosen as a "Best and Brightest" technology leader by the MDB Capital Group based on the novelty and industry impact of its innovative patent portfolio.
Christopher Marlett, CEO of MDB Capital Group, commented by saying, "GigOptix's intellectual property (IP) value and demonstrated innovation places it in the top 10% of the approximately 1500 technology small cap companies as ranked by our proprietary IP intelligence database called PatentVest. Our research has shown that this elite group of companies that demonstrate above average PatentVest metrics, such as PatentVest Tech Score and compound annual growth rate (CAGR) of patent applications, have significantly outperformed their publicly traded peers. In addition, companies in this group have demonstrated higher margins and more sustained growth."
"We are very happy to be recognized as a leading innovator in our peer group," stated Andrea Betti-Berutto, GigOptix's Chief Technology Officer. "GigOptix's growth over the past 4 years has been driven by a combination of innovative product development coupled with focused execution in commercializing our pioneering products. We have a broad and solid patent portfolio covering our innovations in electro-optical polymer materials and modulator designs, high speed analog amplifier design, flexible ASIC architectures, and we plan to leverage our intellectual property to maintain and extend our lead in bringing further innovative solutions to market."
About MDB Capital Group LLC
MDB Capital is an institutional research and investment banking firm that focuses exclusively on companies that possess market changing, disruptive intellectual property. For more information, visit www.mdb.com.
About GigOptix, Inc.
GigOptix is a leading supplier of high performance electronic and electro-optic components that enable next generation 40G and 100G fiber-optic telecommunications and data-communications networks. The Company offers a broad portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, laser drivers and receiver amplifiers for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 100G. GigOptix also offers the widest range of mixed-signal and RF ASIC solutions in the market including Standard Cell, Hybrid and Structured ASICs targeting the Consumer, Industrial, Defense & Avionics industries.
Statements made in this release, other than statements of historical fact, are forward-looking statements, including any statement that refers to expectations, projections or other characterizations of future events or circumstances and those which can be identified by the use of forward-looking terminology such as "expects," "plans," "may," "should," "believes" or "anticipates" and other similar expressions. Forward-looking statements are subject to a number of known and unknown risks, which might cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include those risks described in GigOptix's periodic reports filed with the SEC, and in news releases and other communications. GigOptix disclaims any intention or duty to update any forward-looking statements made in this release.
SOURCE: GigOptix, Inc.