GigOptix Announces Design Win with Hatteras Networks for Next Generation ASIC Design

PALO ALTO, Calif. & RESEARCH TRIANGLE PARK, N.C., Jun 17, 2010 -- GigOptix, a leading supplier of electronic and electro-optic semiconductor products for fiber-optic communications systems, today announced that it has been awarded the next generation ASIC design by Hatteras Networks, the global leader in multi-service Ethernet solutions for enterprise access services and next-generation mobile backhaul.

GigOptix provides a broad offering of value-added ASIC solutions and services, including Standard Cell, Structured ASIC and Hybrid ASIC technology, with expertise in PCI Express, USB 2.0, DDR/DDR2 and data conversion mixed-signal cores. GigOptix combines a rich portfolio of high speed analog and digital IP with complementary technical skills in analog and digital design that enable the development of new solutions for both the copper and fiber optic connections.

Padraig O'Mathuna, Vice President of Marketing of GigOptix commented, "We are delighted that Hatteras Networks has chosen to use our ASIC solution in their systems. GigOptix has a solid history in providing high performance differentiated solutions to network equipment manufacturers. Hatteras Networks is a market leader in Carrier Ethernet solutions, and this win demonstrates that GigOptix not only has differentiated technology in high speed optical communication, but also provides advanced solutions for the complex digital circuitry required within network equipment."

Mark Ventura, VP of Hardware Engineering at Hatteras Networks stated, "This partnership with GigOptix provides Hatteras with ASIC technology that significantly reduces the power consumption required and enhances the feature set for Hatteras products and solutions. GigOptix' technology provides Hatteras with additional advantages to address the demanding technical requirements of service providers."

About Hatteras Networks

Hatteras Networks is redefining the way carriers think about Ethernet services. Hatteras Networks' Carrier Ethernet service delivery solutions are leading service providers worldwide to a significant expansion of the Metro Ethernet market, which had previously been limited by legacy technologies in the access network. Now service providers are empowered to cost effectively offer 100 Mbps Ethernet services over existing facilities, enabling businesses to migrate from legacy networks to transparent Ethernet services for voice and data business connectivity, infrastructure backhaul and mobile wireless backhaul solutions. Already deployed on five continents, Hatteras Networks Ethernet solutions are enabling a market expansion for carriers that is as significant for business services as "triple play" is for residential. For more information, visit http://www.hatterasnetworks.com.

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 http://www.GigOptix.com.