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Thu, January 22, 2009

GigOptix, Inc. Retains Alliance Advisors, LLC to Implement Investor Relations Program


Published on 2009-01-22 08:49:04, Last Modified on 2009-01-22 08:50:01 - Market Wire
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PALO ALTO, Calif.--([ BUSINESS WIRE ])--GigOptix Inc. (OTCBB:GGOX), a leading provider of electronic engines for the optically connected digital world, today announced it has retained Alliance Advisors, LLC as the Company's investor relations firm.

Alan Sheinwald, President of Alliance Advisors, and his team will be guiding the Company in all aspects of public financial communications including the proper positioning of GigOptix's corporate message, as well as building long-term investor relationships with key members of the professional investment community. Alliance Advisors will also provide the Company with premier information resources to institutional investors, hedge funds, independent portfolio managers, buy-side and sell-side analysts, small to large retail brokerage firms, and accredited individual investors.

"Alliance Advisors is a well-respected firm that has a proven track record of representing successful U.S.-listed companies and working with institutional investors located throughout the World," stated Dr. Avi Katz, Chairman and CEO of GigOptix, Inc. "We selected Alan's team as they understand how to ensure that the investment community is properly informed of our business model and growth strategy. In addition, with their knowledge of the capital markets we are confident they will help us to improve our overall communication capabilities and increase value for our shareholders."

"GigOptix has made significant strides with several successful transactions in the last 18 months, the latest being the reverse merger with Lumera Corporation in December 2008," commented Alan Sheinwald, President of Alliance Advisors. "I am excited to work with the GigOptix team as their experienced management team, strong corporate strategy, and significant intellectual property position them for success in the market."

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 ].

About Alliance Advisors, LLC

Alliance Advisors, LLC is a focused and dedicated organization that acts as a premier informational resource for institutional investors, hedge funds, buy and sell-side analysts, small to large brokerage firms and accredited investors. Alliance Advisors helps their clients' companies package their corporate information in a clear, concise and consistent manner while facilitating introductions to the right investor(s) at the most opportune time.

Forward-Looking Statements

This release may contain "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 to its business. Many of these risks are discussed under the caption "Risk Factors" in GigOptix' registration statement on Form S-4 on file with the SEC, 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.

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