| To: Zoro99 who wrote (1761) | 4/10/2018 11:51:27 AM | | From: Zoro99 | | | | Lightwave Logic CEO Dr. Michael Lebby Voted Winner of the "PIC Entrepreneur and Business Leader" Award at the PIC International Conference in Brussels, Belgium
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, announced today that CEO, Dr. Michael Lebby has been voted winner of the PIC Entrepreneur and Business Leader Award at the PIC International Conference in Brussels, Belgium, on Tuesday April 10, 2018. The award precedes Dr. Lebby's invited talk on Wednesday, April 11, 2018 at the conference.
As noted by the PIC International Conference and PIC Magazine, the PIC Industry awards have been created by the PIC International Conference to: 'recognize and highlight key industry achievements in the advancement of photonic integration through platform development, manufacturing, design, packaging and device characterization. PIC International magazine is proud to host its 2nd PIC Awards program. With nominations and voting taking place online and presentations made at the PIC International 2018 networking dinner on the evening of April 10th in Brussels, the awards put the spotlight on innovation. The awards program is dedicated to celebrating leading-lights in the industry.'
Dr. Lebby's award is in the PIC Entrepreneur and Business Leader category, where the individual award is voted for candidates who achieve the following criteria: "Leader for PIC-based technologies and driving new frontiers with start-up companies or internal technological programs within large corporations."
Dr. Lebby noted: This is a proud moment for both Lightwave Logic, and the integrated photonics technology that I have promoted, nurtured, developed, and manufactured over my career both leading programs inside large corporations as well as an entrepreneur scaling PIC technology in start-up and SME (small, and medium-sized enterprise) companies. I have technically engaged with III-V compound semiconductor technologies such as GaAs and InP and III-N technologies such as GaN/InGaN, as well as Silicon Photonics which include SiGe, and Dielectric Photonics. More recently, with Lightwave Logic's electro-optic polymer PIC platform in the Polymer Photonics field.
I would like to thank those who voted for me, as well as those with whom I have collaborated over the years to allow me to win this prestigious award at the world's largest and most prestigious PIC conference globally.
Dr. Lebby added, "I hope through this award that it stimulates other PIC technologists to drive new and innovative PIC programs both in large corporations, SMEs, and start-ups into successful businesses. As I will indicate in tomorrow's invited talk, Lightwave Logic's advancement in polymer-based PICs: PICs are Here to Stay - They are a game changer for the photonics community."
For more information about Lightwave Logic, please visit the Company's website at: www.lightwavelogic.com
Powered by Lightwave Logic
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 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.
Steven Cordovano
Lightwave Logic
203-952-6373
steve@lightwavelogic.com |
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| To: Zoro99 who wrote (1762) | 6/15/2018 11:54:03 AM | | From: Zoro99 | | | | Lightwave Logic Acquires the Polymer Technology Intellectual Property Assets of BrPhotonics
Englewood, Colorado, June 15, 2018 (GLOBE 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 telecommunications, announced today that it has acquired the polymer technology intellectual property assets of BrPhotonics Productos Optoelectrónicos S.A., a Brazilian corporation ("BrPhotonics").
This acquisition significantly advances Lightwave Logic's patent portfolio of electro-optic polymer technology with 15 polymer chemistry materials, devices, packaging and subsystems patents. It further strengthens the company's design capabilities to solidify its market position as it prepares to enter the 400Gbps integrated photonics marketplace with a highly competitive, scalable alternative to installed legacy systems.
Dr. Lebby noted, "BrPhotonics' intellectual property patent portfolio dovetails well with Lightwave Logic's development of 50Gbps packaged modulators as part of its P2IC™ platform to address 400Gbps datacenter and high-performance computing opportunities as described in our March 28, 2018 press release. We are currently focusing on optimizing our own 50Gbps Ridge Wave Guide (RWG) Mach-Zehnder polymer modulator device and packaging to create customer prototypes."
Dr. Lebby added, "This acquisition provides a solid IP extension for Lightwave Logic and importantly gives us additional freedom of manufacturing for our products, and further demonstrates to our potential customers that we are serious about becoming the leader in polymer photonics technology products."
Additional information about the acquisition can be found in Lightwave Logic's Form 8-K filed on June 14, 2018.
Powered by Lightwave Logic
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 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.
Steven Cordovano Lightwave Logic 203-952-6373 steve@lightwavelogic.com |
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| To: Zoro99 who wrote (1763) | 6/20/2018 10:17:03 AM | | From: Zoro99 | | | | Lightwave Logic to Solidify Polymer PICs as Part of the Photonics Roadmap at the World Technology Mapping Forum in Europe
Englewood, Colorado, June 20, 2018 (GLOBE 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 telecommunications, announced today that Lightwave Logic’s CEO, Dr. Michael Lebby, will be promoting polymer PICs as part of his role at the World Technology Mapping Forum in Enschede, Netherlands on June 20, 2018.
The forum is a follow-on from a similar conference held in June 2017 and brings together many of the roadmap sub-committees (or technical working groups) that have been meeting over the past year to synthesize and finalize a world photonics system roadmap for the industry.
Polymer PIC technologies are one of the technologies currently being considered for inclusion to the World Technology Map and will be addressed during the conference given their potential to have a major positive impact on scalable product volumes, improved technical specifications, cost, performance, lower power consumption with increasing functionality over the next decade.
Recent technological advances demonstrated by Lightwave Logic’s polymer development team have unlocked the potential to drive data rates towards 100Gbps NRZ1 but, importantly with increased power efficiency to provide the photonics industry with commercially viable for state-of-the-art product solutions.
Dr. Lebby will lead two of the Telecom, Datacom, ICT, and Telecom, Datacom – Long Haul sub-committees and make presentations on the potential of polymer PICs to meet the technology challenges and opportunities that have been prioritized by committee members. These findings will identify the current state-of-the-art in photonic platform testing, packaging, assembly, design, substrates, and PIC platforms. This will form the basis of the first International Photonic Systems Roadmap (IPSR).
Dr. Lebby, CEO of Lightwave Logic commented, “After a year of hard work by many photonics leaders and professionals in the field globally, we are now at a point of synthesizing and establishing the photonic industry’s first technology system roadmap. Even more exciting, is that this roadmap will include Lightwave Logic’s technology of polymers and polymer PICs with the potential to drive not only 400Gbps aggregate data rate solutions, but also 800Gbps and beyond.”
Details on the World Technology Mapping Forum can be found at: globenewswire.comPowered by Lightwave Logic
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 at: www.lightwavelogic.com.
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1 NRZ stands for non-return to zero which is pure 100Gbps or 1 x 100Gbps. For example, 100Gbps PAM-4 (Pulse Amplitude Modulation with 4 levels) is actually a data rate of 200Gbps as PAM-4 incorporates multiple level signaling which doubles the data rate. 100Gbps NRZ can also be referred to in some market segments as 100GBaud.
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.
 Steven Cordovano Lightwave Logic 203-952-6373 steve@lightwavelogic.com |
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| To: Zoro99 who wrote (1764) | 7/9/2018 12:45:12 PM | | From: Zoro99 | | | | Dr. Karen Liu, Internationally-Known Analyst and Marketing Executive, Joins Lightwave Logic, Inc.
Englewood, Colorado, July 09, 2018 (GLOBE 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 communications, announced that Dr. Karen Liu, well-known industry analyst and marketing executive in Datacom and Telecom fiber optic communications, has today joined Lightwave Logic as Vice President of Sales and Marketing.
Dr. Liu’s role at Lightwave Logic will be to advance the company’s customer-facing position in the datacom and telecom markets through her technical, business, and investor expertise. Dr. Liu will be assisting the company release 400Gbps and 800Gbps products based on Lightwave Logic’s polymer PIC platform.
Dr. Lebby, Chief Executive Officer of Lightwave Logic commented, “With Karen joining our world-class team, we will have the strength needed to raise our profile with prospective customers, as well as the ability to convey the technical merits of using EO polymer-based products in the datacom and telecom markets.”
Dr. Liu has built her reputation in the fiber optic communications field working with some of the best companies and minds on both the technical and commercial sides of the industry. After graduating with a PhD from Stanford University, Dr. Liu spent a decade as a researcher at IBM T.J. Watson Research Center, participating in the beginnings of optical WDM1 (wavelength division multiplexing) systems and devices. At Tellabs, Dr. Liu was responsible for both supplier and telecom customer relationships. At RHK (subsequently acquired by Ovum), Dr. Liu grew a subscription business that provided insightful market reports on critical optical components to leading global optical component and system vendors. More recently, Dr. Liu has been VP of Sales and Marketing at Kaiam Corporation, a supplier of high-speed transceivers to Web-scale datacenter operators.
“Better and faster devices will be needed as optics approach terabit speeds. I’m very pleased to be working with Lightwave Logic to solve this fundamental challenge”, said Dr. Liu.
Powered by Lightwave Logic
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 at: www.lightwavelogic.com.
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1 WDM stands for wavelength division multiplexing, and is an optical technique to allow more than one optical signal to be communicated through a fiber optic cable. DWDM stands for Dense WDM and is a technique to space optical signals close together for high levels of optical signals to be communicated through a fiber optic cable. Examples of WDM are 4 channels at 25Gbps totaling 100Gbps where 4 optical signals with 25Gbps data-rates are multiplexed to aggregate 100Gbps.
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.
 Steven Cordovano Lightwave Logic 203-952-6373 steve@lightwavelogic.com |
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| From: Paul Lee | 8/30/2018 9:36:49 AM | | | | | | Lightwave Logic Expands its Capability to Commercialize 50 Gbps Polymer Modulator Platform
GlobeNewswire•August 30, 2018
Englewood, Colorado, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. ( LWLG), provided an update today on its progress on several fronts. It is on track with plans to commercialize its 50Gbps polymer modulator technical platform. On top of those plans, it has made significant progress on integrating technology from its recent acquisition. Lightwave has also completed several wafer lots in its new internal fabrication facility. It plans to expand its high-speed test and design capabilities at its Englewood, Colorado headquarters to support even higher speeds including 100 Gbps.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content=" The previously announced acquisition of electro-optic polymer assets includes a broad range of relevant technical know-how on materials, device design, fabrication, testing, reliability, and quality assurance. The additional technology meshed well with the roadmap and annual goals as laid out in the Annual Shareholder Meeting (ASM) last quarter. Lightwave Logic CEO Dr. Michael Lebby commented, “The process to digest the acquisition is going very smoothly, and we plan to integrate the acquired technology into our P2IC (polymer photonic integrated circuit) platform.”" data-reactid="12" style="margin: 0px 0px 1em;"> The previously announced acquisition of electro-optic polymer assets includes a broad range of relevant technical know-how on materials, device design, fabrication, testing, reliability, and quality assurance. The additional technology meshed well with the roadmap and annual goals as laid out in the Annual Shareholder Meeting (ASM) last quarter. Lightwave Logic CEO Dr. Michael Lebby commented, “The process to digest the acquisition is going very smoothly, and we plan to integrate the acquired technology into our P2IC (polymer photonic integrated circuit) platform.”
In line with plans announced at the ASM, the company has now constructed and fully equipped its own on-site fabrication facility. Jim Marcelli, President & COO commented, “I’m pleased to report that a number of wafer lots have now been successfully completed in the new facility using a fully internal device fabrication process. Thanks to the team’s hard work this task was completed ahead of schedule.”
Lightwave Logic also indicated during the ASM that polymer-based modulator platforms have the potential to operate at data rates significantly faster than 50Gbps. At these speeds, the test capabilities required are pushing the state-of-the art. The company is looking to partner with key test instrument manufacturers and also continues to build its internal expertise with the hiring of world-class technical personnel with 100Gbps experience.
Lightwave Logic CEO Dr. Michael Lebby noted, “The team exceeded its development milestones for the past two years. We are on track to supply customer prototypes. At the same time, we are laying the groundwork beyond prototyping in our fabrication facility, expanding our testing capability, deepening our expertise in high speed design. I’m very proud of the progress the team is making.” |
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| To: Paul Lee who wrote (1766) | 9/20/2018 9:47:08 AM | | From: Zoro99 | | | | Lightwave Logic to Present at ECOC and PIC Conferences
Englewood, Colorado, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG), a leader in electro-optic polymer technology, today announced several presentations to be given in the next two weeks. Participation in these events demonstrates the company’s commitment to advancing the dynamic photonic communications market with its hybrid integration technology that has the capability of 100Gbaud1 data transmission with only 1-volt drive signal.
ECOC, held this year from September 24 to 26, 2018 in Rome, Italy at the Fiera Roma Exhibition Center is one of the most prestigious and long-standing technical conferences and tradeshow events in this field. This forum combines the latest progress reports from the world’s top research laboratories, commercial product demonstrations from major vendors and application requirements from giant service providers.
Lightwave Logic CEO Michael Lebby will speak on Tuesday September 25 in the Market Focus session of the commercial exhibition on “Pushing the performance of 50Gbps NRZ polymer modulators towards 100Gbps NRZ in a PIC platform to access 400 and 800Gbps data rates”.
The talk will discuss Mach-Zehnder measurements which show design capability to achieve fully standardized 400Gbps data communications using a polymer photonics integrated circuit P2IC™ technology platform. The talk will further discuss how the technology platform will scale both in higher-speed performance as well as in lower cost to extend the optical roadmap to 800Gbps.
He will follow up on Wednesday September 26 with a technical presentation at the International Symposium on Hybrid PICs, co-located with ECOC, entitled “Polymer PICs: technology and prospects”. This talk will focus on the fundamental technology that allows electro-optic polymers to achieve the target of 100 Gbaud with power-saving low voltage modulation. Polymers are intrinsically suited for a simple hybrid implementation that is synergistic with either Silicon or Indium Phosphide.
The following week, on October 2, VP of Marketing Karen Liu will present at the Photonic Integration Conference, an executive session held as part of Photonics Applications Week in Eindhoven, The Netherlands. In “Scaling for speed: the impact of polymer PICs on optical roadmaps” she will discuss how intrinsically higher-speed devices such as polymer modulators can alleviate the need for complex tradeoffs and extend the current optical roadmaps.
Powered by Lightwave Logic
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 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.
1 1Gbaud refers to the number of symbols transmitted. Through coding, information is transmitted at the same or higher bit rates. For example, 100 Gbaud provides 100 Gbit/s transmission with NRZ (non-return-to-zero) coding or 200 Gbit/s with PAM4 (Pulse Amplitude Modulation-4 symbol) coding, Other coding schemes are also possible.
Steven Cordovano Lightwave Logic 203-952-6373 steve@lightwavelogic.com |
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| To: Zoro99 who wrote (1767) | 10/23/2018 9:15:05 AM | | From: Zoro99 | | | | Lightwave Logic, Inc. CEO Sends Open Letter to Shareholders
ENGLEWOOD, CO, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG) announced today that it sent an Open Letter to its Shareholders.
Open Letter to Lightwave Logic, Inc. Shareholders
Fellow Shareholders,
I would like to take the opportunity to bring all of you up to-date with the incredible progress we have been making this year. With so much going on, I have decided to begin to provide quarterly shareholder letters. You can expect to receive the next letter in January 2019.
In this quarter we have received terrific feedback from prospective customers, the team is energized and motivated by our continued progress. In all ways, we are encouraged by the validation of our belief that we are positioning ourselves ahead of our competitors.
Let me bring your attention to this last statement: positioning ahead of our competitors. Recall that 2 years ago we were aiming for a 3 Gbps polymer modulator. We have successfully caught up with the competition since then. In my personal experience in this highly technical and complex field, this is an almost unheard-of short period of time. Since then we have progressed very quickly from 10Gbps operating modulators in early 2017, to 25Gbps operating modulators in mid-2017, to 50Gbps operating modulators by late 2017, to packaged 50Gbps modulators in May 2018. Per the presentation at the ASM, we are continuing our development of the 50Gbaud (capable of 50 Gbps and above, see [1]) packaged modulator prototypes, and we are looking in parallel to accelerate work on 100Gbaud polymer modulators which are well ahead of any existing products on the market.
By being ahead, we appear to be gaining significant market leverage through technical advantage. Market leverage in this sense does not relate to financial leverage but to a specific competitive strength. For example, a technology or product may be perceived by customers as being unique rather than competing head-to-head with standard products.
Our position must be protected, and we do that with a combination of a strengthening patent portfolio and increased number of protected trade secrets and know-how. For example, one of our recently published patent applications [2] teaches the use of low voltage, very high-speed polymer modulators that embodies our market leverage. Other modulator technologies are struggling not only to achieve 100Gbaud but also to get their voltage level down to 1V.
We have received feedback that our P2IC™ platform with tiny 100Gbaud polymer modulators with low voltage electrical bias are extremely attractive for the next generation fiber optic transceivers. At the recent ECOC conference (European Conference on Optical Communications) we heard potential customers express concerns about technological limits of conventional technologies. This prestigious commercial trade show is where leading companies market their products and plan purchases of optoelectronics equipment. Our talk there spoke directly to addressing those concerns. In the highly visible Market Focus session [1] we showed that our polymer modulators have industry-matching performance at 50Gbaud, but also the capability of breaking these technological limits at 100Gbaud. A Tier 1 customer prospect for our modulators said, “you guys are in the forefront right now”.
Our Lightwave team at continues to have extremely high esprit des corps and is working diligently to meet our goals. We design, fabricate and characterize our modulators at our new HQ facility in Englewood, Colorado. We are still working closely with our packaging partner for the 50Gbaud prototypes, and we are advancing our reliability and characterization efforts to support our prototyping. We are actively engaged with test equipment manufacturers to deliver the most advanced test equipment for our state-of-the-art polymer results. Based on our experience in this industry, we expect the customer design-in process to start with initial evaluation of our samples and reliability data, proceeding to more extensive evaluation, optimization, and possible customization.
We continue to fine tune our business model with target markets, customers, and technical specifications. Discussions with prospective customers are validating that our modulators are ideally suited for the datacenter and telecommunications markets that are over 10km in length. Details of what they want from a prototype are fed back to the technical team. The team is more energized and focused than ever.
We are happy to report that we are making excellent progress and are on track to achieve the goals we set out at our ASM in May 2018.
Looking forward
We know that our shareholders believe this is a very slow a process, but in my experience at being both an industrial entrepreneur and intrapreneur (an intrapreneur is an entrepreneur inside a big corporation), our progress over the past couple of years is no less than incredible. We have a world-class team, and we are focused on our goals. I am personally proud of everyone on our team and our board. We appear to be poised to become a market leader with 100Gbaud, 1V tiny polymer modulators.
Thank you for your continuing support.
Michael Lebby
CEO
References:
[1] ECOC Presentation 2018, Rome, Italy
lightwavelogic.com
[2] Patent Application: DIRECT-DRIVE POLYMER MODULATOR METHODS OF FABRICATING AND MATERIALS THEREFOR
Publication number: 20180259798
Powered by Lightwave Logic
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 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
 Karen Liu Lightwave Logic, Inc. +1 720 262 8143 karen@lightwavelogic.com |
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| From: Paul Lee | 12/12/2018 8:09:08 AM | | | | | | Lightwave Logic Targets 10 km and Greater Market
GlobeNewswire•December 12, 2018
Englewood, CO, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. ( LWLG), today announced a 50 Gbaud polymer modulator offering to address fiber optic communications needs for links over distances of 10 km or longer.
The company designs proprietary electro-optic polymers which enable optical components with superior speed, stability, low power and cost-efficiency. On top of the differentiating materials, it builds a technology platform including its own devices, packages and processes for manufacturability. The 50 Gbaud device is capable of base data rates of 100 Gbps when used with PAM-4 modulation, and of supporting aggregate data rates of 400 Gbps when implemented in an array.
Lightwave Logic CEO Michael Lebby said, “While we explore other multi-billion dollar markets the benchmark market opportunity for fiber optic link distances of 10km and greater is worth over $1B over the next decade. As data rates increase, we see a growing technology gap at these longer reaches that our modulators are ideally suited to fill.”
There is an increasing need for high performance interconnects over 10km between datacenter buildings. 5G mobile upgrade, autonomous driving and Internet of Things (IoT) are expected to increase the need for data stored and processed geographically close to the end user in edge data centers. These growing applications also require optics capable of very high speeds and greater than 10 km reach.
The company is engaging with prospective customers with a generic packaged prototype for preliminary evaluation. The company has the capability to further tune the modulator to meet specific customer needs by leveraging its in-house vertical integration that ranges from synthesized polymer materials to device fabrication and package design.
In line with roadmaps presented last May at its Annual Shareholder Meeting, Lightwave Logic is developing a platform consisting of materials, device and package approaches that are capable of extension up to 100 Gbaud, which is twice the data rate of today’s 50Gbaud modulator. The company believes target customers value the longevity of the polymer roadmap compared to those of incumbent technologies such as silicon (Si) and indium phosphide (InP) as they look to extend their own roadmaps. The 50 Gbaud modulator is its first announced offering on this platform.
Powered by Lightwave Logic
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 at: www.lightwavelogic.com. |
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| To: Paul Lee who wrote (1769) | 1/11/2019 12:26:45 PM | | From: Zoro99 | | | | LIGHTWAVE LOGIC, INC. CEO SENDS QUARTERLY OPEN LETTER TO SHAREHOLDERS
ENGLEWOOD, CO, Jan. 11, 2019 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG) announced today that it sent an Open Letter to its Shareholders.
Open Letter to Lightwave Logic, Inc. Shareholders
Fellow Shareholders,
I would like to take the opportunity today to bring all of you up to date with the excellent progress we have been making over the past quarter. This is a follow-on shareholder letter from the previous quarterly letter in October 2018. You can expect to receive the next quarterly letter roughly 3 months from now.
During the last quarter of 2018 we have continued to receive technical feedback from prospective customers, and the team is energized and motivated by our continued progress. As we noted in the prior quarter’s letter, we are encouraged by the validation of our belief that we are positioning ourselves ahead of our competitors as we noted in our recent white paper [1].
We are positioning ourselves ahead of our competition with our 50 Gbaud polymer modulator. From 3 years ago, we have successfully caught up with the competition by advancing from a 3 Gbps modulator to packaged 50 Gbps modulators in May 2018. In my personal experience in this highly technical and complex field, this is an almost unheard-of short period of time. In accordance with our annual plan presented at the May 2018 Annual Shareholder Meeting (ASM), we continue our development of the 50 Gbaud (capable of 50 Gbps and above) packaged modulator prototypes, and we have accelerated work on 100 Gbaud polymer modulators which are well ahead of any existing products on the market.
By being ahead of the competition, we believe we are gaining significant market leverage through technical advantage and performance of our polymer modulators.
Our market leverage means that Lightwave Logic has productized technology that customers not only want, but they see Lightwave Logic as the only place to access it. This means our products are not just slightly more attractive, they are technologically more attractive than the established technology. We see that competitive incumbent technology and its products simply cannot do what Lightwave Logic’s technology and products can.
Our position must be protected, and we do that with a combination of a strengthening patent portfolio and increased number of protected trade secrets and know-how. We are pleased to report that in December 2018 we were granted US Patent number 10,162,111 entitled, “Multi-fiber/port hermetic capsule sealed by metallization and method” [2]. While this brings our total portfolio to 30 patents, the greater significance in my opinion is that this is a packaging and integration patent, and moreover one that leverages established semiconductor manufacturing to solve photonics challenges. The novel package described in the patent reduces cost and size, but also simplifies assembly and increases reliability. We believe that this patent is especially significant for us because improved packaging and manufacturability are essential for photonics to reach the volumes and cost points demanded by the datacenter and 5G markets; and we believe this particular patent will protect our competitive advantages due to improved cost and volume manufacturability. We are very protective of our trade secrets and our proprietary information on our electro-optic polymers, particularly as we go out to market. Our patent portfolio protects our enabling technologies ranging from our electro-optic polymer material through packaging.
We are building our intellectual property with the view to maintaining our competitive position in the years ahead. Another of our patent applications was published late in the third quarter of 2018 [3]. This invention relates to the power and cost saving potential of a high performance 50 Gbaud (and potentially 100 Gbaud) direct drive polymer modulator. With these attributes we hope to gain significant market leverage at 50 Gbaud and beyond. Presently, other modulator technologies are struggling not only to achieve 100 Gbaud but also to get their voltage level down to 1V.
We believe our P2IC™platform with tiny 100 Gbaud polymer modulators with low voltage electrical bias are extremely attractive for the next generation fiber optic transceivers. We also continue to believe the market will value our small form factor 50Gbaud polymer modulators.
In the last quarter, our communications included an announcement of participation in influential industry groups which include potential customers. We also announced our intention to participate in the medium-reach (10 km and above) fiber optics market in addition to the other market segments we target. These and future press releases are, or will be, available on our website www.lightwavelogic.com. We have begun adding supplementary information to our website and plan to continue to add more material. The latest published content is highlighted on the homepage. We encourage you to sign up for “All Communications” via our website to receive direct notification of press releases and new website content as they are published.
We are working diligently to meet our goals as laid out at the May 2018 ASM. We are designing, fabricating, and characterizing our modulators at our HQ facility in Englewood, Colorado.
This work includes increasing the efficiency of our electro-optic materials towards the goal of lower drive voltage at 50 Gbps.
This work also includes improved and optimized device designs which support the goal of demonstrating greater than 50 GHz electro-optic bandwidth.
We have intensified our device design work around improved launch of light from InP lasers so that our modulators support the goal of designing the PIC platform with InP lasers.
We are working closely with our packaging partner for the 50 Gbaud prototype.
Internally, we have increased our reliability testing capabilities in support of the goal of testing packaged modulators.
Per the stated goal to upgrade our optical testing and characterization laboratory for higher performance measurements (>50 GHz), we are actively engaged with test equipment manufacturers to deliver the most advanced test equipment which have capabilities up to 110 GHz.
We are fine tuning our business model with target markets, customers, and technical specifications. Discussions with prospective customers are validating that our modulators are ideally suited for the datacenter and telecommunications markets that are over 10 km in length. This first target market is expected to be worth over $1B over the next decade. As we noted in the in the previous quarterly letter, the customer design-in process encompasses initial evaluation of our samples, reliability and test data, proceeding to more extensive evaluation, optimization, and possible customization. The potential customers’ technical feedback is provided back to our technical team.
We are working through all our milestones as laid out in the May 2018 ASM, and we are happy to report that we are making excellent progress and are on track to achieve the goals we set out at that time.
Looking forward
Our target markets in datacom, telecommunications, 5G etc., include fiber reaches that are over 10km in length. These markets are forecasted to grow significantly over the next decade. While participating in these markets we will explore opportunities in shorter reach markets that are in the 1-10 km lengths. We will not only scale our polymer modulator products both with technical specifications and high performance, but also in volume to bring the cost in line with customer expectations. The issuing of patents and patent applications that address advanced high bandwidth modulators with low voltage drive together with manufacturable low cost optical sub-assembly packaging will position our company and products well in our target markets. The combination of advanced technological solutions for this market-place as we move forward is perfect to commercialize our proprietary electro-optic polymer platform.
Thank you for your continuing support.
Michael Lebby
CEO
References:
[1] White paper
lightwavelogic.com
[2] Issued US PTO patent 10, 162,111
patft.uspto.gov
[3] Patent Application: DIRECT-DRIVE POLYMER MODULATOR METHODS OF FABRICATING AND MATERIALS THEREFOR
Publication number: 20180259798
Karen Liu
Lightwave Logic, Inc.
+1 720 356 4497
karen@lightwavelogic.com |
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| To: Zoro99 who wrote (1770) | 1/22/2019 9:47:02 AM | | From: Zoro99 | | | | Lightwave Logic, Inc. Secures $25MM Common Stock Purchase Agreement with Longstanding Investor Lincoln Park Capital Fund, LLC.
ENGLEWOOD, CO, Jan. 22, 2019 (GLOBE 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 telecommunications today announced that it has secured a new $25 million purchase agreement (“Agreement”) with Lincoln Park Capital Fund, LLC (“LPC”), a Chicago based institutional investor.
Under the agreement and at Lightwave Logic’s sole discretion, LPC has committed to invest up to $25 million in Lightwave Logic’s common stock over a 36-month period.
"We are extremely pleased to enter into this new agreement with our longstanding investor, LPC, to provide a continuing source of capital which we can access at our discretion. The flexibility of the new agreement allows us to raise up to $25 million, putting the Company in a stronger position financially”, stated Jim Marcelli, President and COO of Lightwave.
“The new agreement will assist the company as we continue development and commercialization of our fiber optic products aimed at high-performance and high-growth markets driven by 5G and edge data centers” said Lightwave CEO Michael Lebby.
A more detailed description of the agreement is set forth in the Company’s Current Report on Form 8-K recently filed with the SEC which the Company encourages be reviewed carefully.
About Lincoln Park Capital
LPC is an institutional investor headquartered in Chicago, Illinois. LPC’s experienced professionals manage a portfolio of investments in public and private entities. These investments are in a wide range of companies and industries emphasizing life sciences, energy and technology. LPC’s investments range from multiyear financial commitments to fund growth to special situation financings to long-term strategic capital offering companies certainty, flexibility and consistency. For more information, visit www.LincolnParkCapital.com.
For more information about Lightwave Logic, please visit the Company’s website at following URL: 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.
Karen Liu
Lightwave Logic, Inc.
+1 720 356 4497
karen@lightwavelogic.com |
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