IDT to Acquire GigPeak for $3.08 per Share

Contacts:
Financial Contact:
Suzanne Schmidt
IDT Investor Relations
(415) 217-4962

suzanne@blueshirtgroup.com

Press Contact:
Daniel Aitken
IDT Senior Director of Corporate
Marketing and Communications
(408) 574-6480

daniel.aitken@idt.com

Financial Contact for GigPeak, Inc.:
Jim Fanucchi
Darrow Associates
(408) 404-5400

jim@darrowir.com




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