Press Release

GigOptix to Announce Second Quarter Fiscal 2012 Financial Results on July 31, 2012

SAN JOSE, Calif.--(BUSINESS WIRE)--Jul. 10, 2012-- GigOptix, Inc. (NYSE MKT:GIG), a leading fabless supplier of semiconductor and optical components that enable high-speed information streaming, today announced that it will release its second quarter fiscal 2012 financial results on Tuesday, July 31, 2012 after the market closes. Following the press release, Dr. Avi Katz, Chairman and Chief Executive Officer, and Curt Sacks, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).

Second Quarter Fiscal 2012 Conference Call and Webcast Information:

Date: Tuesday, July 31, 2012
Time: 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time)
Conference Call Number: 1-800-901-5213
International Call Number: 1-617-786-2962
Pass Code: 60617647#

The conference call replay will be available for seven business days until midnight Pacific Time on August 7, 2012. The replay dial-in number is 1-888-286-8010, and the pass code is 42708757#. International callers should dial 1-617-801-6888 and enter the same pass code at the prompt. Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the Investor Relations section of the Company's website at http://ir.gigoptix.com.

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 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. GigOptix also offers a wide range of ASIC solutions through its ChipX product line. For more information, please visit http://www.gigoptix.com.

Source: GigOptix, Inc.

GigOptix, Inc.
Parker Martineau, 408-522-3100 (Media)
Corporate Communications Manager
pmartineau@gigoptix.com
or
The Blueshirt Group, LLC
Erica Abrams, 415-217-5864 (Investor Relations)
Co-Founder and Managing Director
erica@blueshirtgroup.com
Matthew Hunt, 415-489-2194 (Investor Relations)
Account Manager
matt@blueshirtgroup.com

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