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Microcap & Penny Stocks : Lightwave Logic, Inc.
LWLG 1.40+4.5%1:09 PM EDTNews

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Lightwave Logic Designing Cost Effective High-Speed Silicon Photonics Solutions Enabled By Its P(2)IC™ (Polymer Photonics Integrated Circuit) Platform

High-Density Photonic Circuitry On Silicon, Enabled By Thin Film Polymer Coatings Increases Data Rates and Reduces Cost

LONGMONT, Colo., July 12, 2016 /PRNewswire/ -- 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 it has broadened its photonic device development to include its newP2IC™ (Polymer Photonics Integrated Circuit) design platform.

The P2IC™ design platform utilizes high-speed ridge waveguide and slot waveguide modulator designs that scale up in performance as well as down in cost structure. Furthermore, the new Lightwave Logic P2IC™ design platform combines the best of Polymer Photonics with the best of Silicon Photonics (SiP) to create a powerful, yet scalable platform that addresses the desires of both the telecom and datacom industries.

Going beyond exascale (1018 = quintillion calculations per second) to zettascale (1021 = sextillion calculations per second) data rates using Lightwave Logic's P2IC™ technology will drive new performance metrics in transmission speeds by sending photonic signals at data rates of 200 Gbps and beyond at costs levels much lower than industry can deliver today. In the future, P2ICs™ will allow the miniaturization of high-performance photonics components that will be needed to achieve industry leading zettascale computations needed by large computing processing and graphics systems.

Lightwave Logic's slot waveguides are being designed onto silicon platforms. With the addition of other waveguide-based Silicon Photonic (SiP) devices such as multiplexers and demultiplexers, the combined Polymer Photonics platform using SiP becomes a powerful technological solution to challenge multi-billion dollar markets for a cost-effective and scalable alternative to inorganic crystalline-based photonic devices.

While the photonics industry has applied the term Silicon Photonics to the integration of silicon-based photonics components with CMOS electronics, Silicon Photonics on its own is limited in versatility and scalability. The addition of Polymer Photonics components to a silicon platform enables P2IC™ to achieve the demands (both in performance and low cost) of a fast-growing datacom and telecom industry. P2IC™ is expected to be highly competitive with both lithium niobate as well as indium phosphide and silicon as it enters the marketplace.

The concept of integrated photonics has been the subject of first-generation device deployments and much recent discussion in the photonics industry. The term relates to the powerful and ongoing trend to miniaturize and integrate multiple photonics functions on a single silicon or indium phosphide chip and is commonly referred to as a photonics integrated circuit (PIC). P2IC™ is a PIC platform designed to include the advantages of Polymer Photonics on a Silicon Photonics platform.

Tom Zelibor, Chairman and CEO of Lightwave Logic stated, "Over the last two years we have been extending the capabilities of our P2IC™ design platform. We began with groundbreaking discoveries in polymer synthesis that are currently being implemented in our new device designs. We intend to boost performance and drive down cost similar to what was seen in the computer integrated circuit business over the last 60 years.

"During the next several months we will unveil our first ridge waveguide modulator to address the requirements of the OC-48 (2.5 Gbps) and OC-192 (10 Gbps) carrier market. Given the amount of industry interest we have previously received, this initial effort is designed to prove that our P2IC™ platform can meet commercial requirements. However, the ultimate goal remains to demonstrate that our technology is scalable to 200 Gbps and beyond. We expect to meet that demand."

For more information about Lightwave Logic, please visit the Company's website at following URL: 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 Statement
The 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 Cordovano
Lightwave Logic
203-952-6373
steve@lightwavelogic.com

Logo - photos.prnewswire.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lightwave-logic-designing-cost-effective-high-speed-silicon-photonics-solutions-enabled-by-its-p2ic-polymer-photonics-integrated-circuit-platform-300297486.html

SOURCE Lightwave Logic, Inc.
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