Microcap & Penny Stocks : Lightwave Logic, Inc.
LWLG 1.180+1.7%Jul 20 5:20 PM EDTNews

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From: Paul Lee8/25/2016 12:36:48 PM
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Lightwave Logic Obtains Highly Successful Independent Third Party Verification of Its Organic Polymer Thin Film Properties

August 25, 2016

LONGMONT, CO--(Marketwired - August 25, 2016) - Lightwave Logic, Inc. ( 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 Metricon, a company that specializes in making precision instruments designed to obtain optical measurements on thin film materials and optical waveguides, concluded a battery of scientific tests to verify the inherent properties of several of Lightwave Logic's advanced organic electro-optic polymer materials, which are currently being implemented into a series of photonic devices.

Measurements by Metricon of several planar waveguide samples have determined that Lightwave's polymer thin film materials at 1550 nm (Telecom frequency band) should exceed industry requirements that target overall device loss at <4 dB/cm. Additionally, they were also able to provide very accurate refractive index measurements on Lightwave's materials, which is very important for designing high-speed multi-layer polymer modulators.

Metricon's instrument is capable of obtaining precise data on several parameters that include: material thickness, refractive index and optical loss. These parameters are essential to the development of optical devices for Datacom and Telecom network providers.

Tom Zelibor, Chairman and CEO of Lightwave Logic, commented, "We have gained extremely important information relative to our company's future success. This data gives us the confidence that the quality of our material systems will allow us to narrow our efforts on optimizing our optical devices to take advantage of the superior capabilities that our materials have demonstrated.

"The Metricon testing has given us the precise capabilities of our current material system and our development engineers are focusing on achieving superior results using those materials in our device program.

"The really good news here is that these results give us full confidence that the inherent capabilities our materials will lead us to photonic devices that will offer significant competitive advantages over an installed base of legacy products. This represents billions of dollars in market opportunity."

John Jackson, President of Metricon, added, "Based on our measurements, it does appear that these materials will dramatically exceed the 4 dB/cm industry requirement at 1550 nm."

For more information about Lightwave Logic, please visit the Company's website at following URL:
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