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To: Zoro99 who wrote (119157)9/19/2017 12:32:38 PM
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LWLG: Lightwave Logic Achieves Polymer-Based Mach-Zehnder Modulators with 50GHz Operation, Opening the Door for 400Gbps Modulation in Fiber Optic Communications

September 19, 2017

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 telecommunications with advanced photonic integrated circuit (PIC) platforms, announced today that Lightwave Logic has achieved outstanding performance of its ridge waveguide Mach-Zehnder modulators ahead of schedule, with bandwidth performance levels that will enable 50Gbps modulation in fiber-optic communications.

-- This important achievement will allow users to utilize arrays of 4 x 50Gbps polymer modulators using PAM-4 encoding to access 400Gbps data rate systems.

Pulse-Amplitude Modulation (PAM-4) is an encoding scheme that can double the amount of data that can be transmitted

The European Conference on Optical Communications (ECOC) is one of the premier events in the field of optical communications. During this meeting, Dr. Lebby will present "Polymer PICs as a platform for 100G and 400G photonics and an update on photonic roadmaps for integrated photonics" where he will discuss the value and scalability of polymer-based PIC technology that it will bring to user's cost-effective devices to address 400Gbps data rate applications. Dr. Lebby will also participate in a video interview to speak to the rapid evolution of polymers and their inherent advantages versus legacy architecture.

Dr. Lebby commented, "Our engineering team has again surpassed themselves with polymer designs that have now achieved the goals we set out for ourselves earlier this year: to demonstrate polymer modulators that would enable 50Gbps optical signaling in fiber communications.

This development is significant in that for the first time; Lightwave Logic is now in a position to compete aggressively in the 400Gbps data center and high-performance computing markets. Even more, a 50Gbps capable modulator would allow Lightwave to push performance towards 100Gbps to enable data rates of 800Gbps (where only network architects are considering today). The company's Polymer PIC (P2IC(TM)) platform vastly improves over existing network architectures by providing a low cost, low power scalable alternative that can compete both in price and performance. Today's announcement is a testament to our world-class engineering team that is increasing our developmental momentum every day."

Dr. Lebby also noted that "This is a great initial result for Lightwave Logic that lays the groundwork for the necessary engineering work required to optimize the device. We expect a steady stream of improvements to our polymer platform over the next year aided by several key additions that we have made to our engineering teams as well as investments to upgrade our test and characterization equipment. We are currently planning to further strengthen our capability as a company to capitalize on the myriad of opportunities in the field of fiber optic communications."

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Lightwave Logic, Inc. is a development stage company moving toward commercialization of next-generation photonic devices using its high-activity and high-stability organic polymers for applications in data communications and telecommunications markets. Photonic electro-optical devices convert data from electric signals into optical signals. For more information, about the Company please visit the corporate website athttp://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 the 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.

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A photo accompanying this announcement is available at globenewswire.com
Steven Cordovano
Lightwave Logic
203-952-6373
steve@lightwavelogic.com
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