Giga-tronics Reports Second Amended and Re-Stated Loan and Security Agreement

SAN RAMON, Calif., Oct. 17, 2012 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (Nasdaq:GIGA) and Silicon Valley Bank have agreed to terms for a new credit facility. With an effective date of October 12, 2012 the new agreement increased the bank commitment from $1.5 million to $2.0 million. The maturity date of this agreement is October 12, 2013.

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CONTACT: Frank D. Romejko Vice President of Finance / Interim Chief Financial Officer (925) 302-1014

Source:Giga-tronics Incorporated