GigOptix Inc. gains conditional listing approval from NYSE Amex

JUNE 17, 2010 -- GigOptix Inc., a supplier of electronic and electro-optic components for fiber-optic systems, has received clearance from the NYSE Amex stock exchange to file an application for listing of its common stock.

Jun 18th, 2010

JUNE 17, 2010 -- GigOptix Inc., a supplier of electronic and electro-optic components for fiber-optic systems, has received clearance from the NYSE Amex stock exchange to file an application for listing of its common stock.

Approval of the application is subject to certain enumerated conditions including, among others, the completion of the pending underwritten public offering and GigOptix’ continued compliance with other listing requirements of the exchange, including specifically, maintenance of the common stock at or above the minimum price requirement of $3.00 per share.

GigOptix has reserved the ticker symbol "GIG" for trading on the NYSE Amex. GigOptix common shares will continue to trade on the Over-the-Counter Bulletin Board under the symbol "GGOX" until all of the conditions to trading on the NYSE Amex have been satisfied and the shares begin officially trading on the NYSE Amex, after which GigOptix common shares will no longer be traded on the Over-the-Counter Bulletin Board.

"We are pleased to reach this significant milestone as part of the company's development and future growth initiatives,” says Chairman of the Board and Chief Executive Officer Dr. Avi Katz.

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