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GigOptix Announces Dates for 2008 Results, Investor Conference Call and Open House

^{Published on 2009-01-16 14:36:55, Last Modified on 2009-01-16 14:37:45 - Market Wire}
 

PALO ALTO, Calif.--([ BUSINESS WIRE ])--[ GigOptix, Inc. ] (OTCBB:GGOX) a leading provider of electronic engines for the optically connected digital world, announces that revenues for the fourth quarter 2008 will be released on February 17, 2009. GigOptix will hold its quarterly conference call to discuss fourth quarter and full year 2008 operating results on March 12, 2009 at 4:30 PM Eastern Standard Time (1:30 PM Pacific Standard Time) following the release of its operating results.

The GigOptix open-house, originally planned for February 27, has been moved to accommodate the release of the financials and will be on March 13, 2009. It will be held at the GigOptix Inc. corporate headquarters in Palo Alto between the hours of 10:00 AM PST and 12:00 PM.

Details to access the conference call and the live audio web cast are as follows:

About GigOptix Inc.

GigOptix is a leading fabless manufacturer of electronic engines for the optically connected digital world. 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. For more information, please visit [ www.GigOptix.com ].

Forward-Looking Statements

Except for the historical and current factual information contained herein, this release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements by GigOptix regarding its expected financial position, revenues, cash flow and other operating results, business strategy, financing plans, forecasted trends related to the markets in which it operates, and similar matters are forward-looking statements. GigOptix's actual results could be materially different from its expectations because of various risks. These risks, some of which are discussed under the caption "Risk Factors" in the company's registration statement on Form S-4 on file with the SEC, include overcapacity in the telecommunications and networking markets, competition resulting from consolidation within network equipment and telecommunications equipment companies, the company's dependence on new product development, rapid technological and market change, the ability of the company to raise additional capital, and various other factors beyond the company's control. Except for any obligation to disclose material information under the Federal securities laws, GigOptix undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this document.