SAN JOSE, Calif. — (BUSINESS WIRE) — February 18, 2014 — GigOptix, Inc. (NYSE MKT: GIG), a leading supplier of advanced high speed semiconductor components for use in long-haul, metro, Cloud connectivity, data centers, consumer electronics links and interactive applications, today announced a new family of Transimpedance Amplifier (TIA) products to address high growth natural user interfaces and high resolution 3D scanning markets.

“The use of the new generation of high-speed gesture recognition, motion sensing, and natural user interface in 3D camera, interactive TVs, game consoles and a variety of other emerging applications are creating demand for the deployment of high depth resolution optical links in several high-volume markets. For example, for the natural user interface applications, there are many kinds of gesture systems competing in the market right now, with time-of-flight systems providing a very good alternative for high accuracy applications. GigOptix’ consumer TIAs are designed specifically to address time-of-flight applications and flexible architecture that allow a rapid, yet robust, customization designs. From changing channels and adjusting volume on interactive TVs with the wave of a hand, to full body 3D depth sensing cameras for a fully immersive gaming and personalized shopping experiences, GigOptix TIAs provide high sensitivity and high signal-to-noise for increased accuracy and range,” said Dr. Raluca Dinu, Vice President and General Manager of the High-Speed Communications division at GigOptix, Inc.

In January NPD DisplaySearch reported in their Gesture Sensing Control for Smart Devices Report that gesture sensing solutions for smart device shipments would grow from less than 250 million units in 2014, to more than 1.8 billion units in 2018. In the report, year-over-year shipment growth is projected to be over 40% in the 2015 to 2018 timeframe. 3D gesture-sensing technologies in connected smart devices identified in the report include mobile devices, smart TVs, game consoles, and PCs.

GigOptix’ consumer TIA platform can be optimized for the following applications: high resolution digital 3D scanning, hands-free automotive infotainment and range systems, immersive gaming and augmented reality, interactive TVs, desktop PCs, notebooks, gaming consoles, smartphones, tablets, and motion tracking and gesture control.

Global automotive proximity and gesture recognition of infotainment systems are estimated to grow from about 0.7 million units in 2013, to more to than 38 million units in 2023, according to IHS Inc.’s Emerging Technologies: New Human-Machine Interface Trends report. Few automotive makers have already sold in 2012 cars with basic proximity recognition systems in, and the report predicts that in 2017 the first high-resolution systems will appear. The report further estimates that nearly 40 percent of all new automobiles sold worldwide in 2023 will come with some degree of proximity or gesture recognition.

“Many high-resolution time-of-flight systems are fundamentally limited by the performance of key building blocks, in particular the TIA performance. GigOptix’ state of the art TIA family builds on years of experience in designing TIAs for the Active Optical Cables (AOCs) and pluggables for the datacom markets and delivering millions of such devices. This deep experience enables us to design and ship extremely high quality amplifiers to the emerging consumer electronics market. We look forward to working with customers to enable customization of TIA devices for the next generation innovative natural user interface systems to enrich consumer experiences,” concluded Dr. Dinu.

For information on immediate available TIAs and our customization program, please contact sales@gigoptix.com.

About GigOptix, Inc.

GigOptix is a leading fabless supplier of high speed semiconductor components that enable end-to-end information streaming over optical and wireless networks. The products address long haul and metro telecom applications as well as emerging high-growth opportunities for Cloud and data centers connectivity, and interactive applications for consumer electronics. GigOptix offers a unique broad portfolio of Drivers and TIAs for 40Gbps, 100Gbps and 400Gbps 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 digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.

Forward-Looking Statements

This press release contains forward-looking statements of GigOptix within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as including the uses and the marketing of TIA products. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology, and include (without limitation) statements regarding the market for TIA products. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. These risks include, but are not limited to: the ability to extend product offerings into new areas or products, the ability to commercialize technology, unexpected occurrences that deter the full documentation and "bring to market" plan for products, trends and fluctuations in the industry, changes in demand and purchasing volume of customers, unpredictability of suppliers, the ability to move product sales to production levels, the ability to compete for client design-in opportunities, the ability to cross-sell to new clients and to diversify, and the success of product sales in new markets, including bundled product solutions. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of the GigOptix' filings with the SEC, and in its other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to GigOptix as of the date hereof, and GigOptix assumes no obligation to update any forward-looking statement.