May 03, 2010 (M2 PRESSWIRE via COMTEX) -- Braintree,Ma. LevelStock.com is pleased to announce to all of its members and investors information on GigOptix, Inc. (OTCBB:GGOX). The Company recently released news as follows:
GigOptix, Inc. (OTCBB:GGOX), a leading supplier of electronic and electro-optic semiconductor products for fiber-optic communications systems today announced that its GX3240, a high performance 40G RZDQPSK receiver amplifier, has entered mass production and is shipping in volume to a Tier 1 telecom OEM.
The GX3240 is a high gain, broad bandwidth, and low power differential amplifier in a compact 3x3mm QFN form factor that is capable of directly driving a 40G de-multiplexer. The product was developed through close collaboration with a Tier 1 telecom OEM consistent with GigOptix's strategy of partnering with industry leading customers to define and drive commercialization.
Andrea Betti-Berutto, CTO of GigOptix stated, "The GX3240 concept is a very challenging design and significantly strengthens GigOptix's existing 40G receiver amplifier portfolio. Paralleling our previously announced 40G DPSK receiver amplifier and 100G DP-QPSK driver developments, we aligned this product's development with a Tier 1 customer's requirements. This enabled us to design the right device for the market and we are now delighted to deliver on our commitment to provide the high performance GX3240 differential amplifier in volume for our customers' 40G RZDQPSK platforms."
In their most recent report on 40G components, Ovum forecasted that the 40G RZDQPSK market would grow from 10,000 units in 2010 to over 56,500 units in 2015 representing a CAGR of 41%. Two GX3240's are used in each 40G RZDQPSK transponder.
About GigOptix, Inc.
GigOptix is a fabless manufacturer of high performance electronic and electro-optic semiconductor products that enable high speed 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 TIAs for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 100G. GigOptix now 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. For more information, please visit www.GigOptix.com.
Forward Looking Statements
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," 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 whether the appropriations bill will receive legislative approval and ultimately become law, whether GigOptix will receive any funding, whether the modulator developed by GigOptix will be used by the Air Force, and 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.
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