Lightwave Logic Inc (LWLG)

[ProfitScout]

Dr. Michael Lebby Shares His Vision of the Future of Integrated Photonics at Industry Conferences

10:08 am ET October 13, 2015 (PR Newswire)

Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of Next Generation Photonic Devices and Non-Linear Optical Polymer Materials Systems for applications in high speed fiber-optic data communications and optical computing, announced today that Dr. Michael Lebby, one of the foremost opinion leaders in the photonics industry and board member of the Company addressed industry executives both at the PIC (Photonic Integrated Circuit) conference in Eindhoven, South of the Netherlands on September 23, 2015, and the data center symposium at ECOC organized by Phoxtrot - the European funded consortium on data centers in Valencia, Spain on September 29, 2015.

During his presentations Dr. Lebby coined the term Integrated Photonics to describe what he saw as an unprecedented move to the miniaturization of photonics functions on a single chip and drew an analogy to the development of Integrated Circuits for computers.

Also during the presentation, he discussed Polymer Photonics and Silicon Photonics as competitive forces that could challenge Indium Phosphide--widely regarded as the incumbent technology.

Dr. Lebby stated, "Lightwave Logic is in the vanguard of polymer photonics. Its multi-chromophore process has already developed promising materials that offer the scalability and performance necessary to challenge Indium Phosphide, especially for high volume datacenter market opportunities. Polymers also have inherent advantages when compared to Silicon Photonics."

Tom Zelibor, Chairman and CEO of Lightwave Logic commented, "It's great to gain exposure to the worldwide industry that is now beginning to take notice of our scientific achievements to date. We have developed a family of advanced polymer materials designed to surpass the performance requirements of the telecom and datacom industries. We have been making steady progress towards commercialization.

"Lightwave Logic's device program is moving forward on major initiatives. Our telecom modulator prototype will soon be ready for passive testing, while other testing has begun on several of our silicon photonic structures to be incorporated into our future datacom devices.

"After demonstrating consistent results we anticipate that a growing number of industry players will become interested in the power of polymers. Thermal aging tests have demonstrated that our polymer materials can withstand operating temperatures of 110C for over 2,000 hours, and we have now further demonstrated photochemical stability in excess of 1,000 hours with the goal of exceeding 2,000 hours.

"Investors and business development partners will soon grasp the tremendous opportunity that awaits our Company to provide a powerful alternative to incumbent technologies that is both cost effective and scalable, while it also offers a platform that can be continuously optimized to not only meet present industry needs but also the future industry demands as well."

For more information about Lightwave Logic, please visit the Company's website at following URL: http://www.lightwavelogic.com

Powered by Lightwave Logic

Lightwave Logic, Inc. is a development stage company that produces prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. For more information, about the Company please visit the corporate website at: www.lightwavelogic.com.

Safe Harbor StatementThe information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K; other risks to which our Company is subject; other factors beyond the Company's control.

For Further Information Contact:

Steven CordovanoLightwave [e-mail]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dr-michael-lebby-shares-his-vision-of-the-future-of-integrated-photonics-at-industry-conferences-300158644.html

SOURCE Lightwave Logic, Inc.