| 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.
________________________________________________________
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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| From: Paul Lee | 2/28/2019 9:08:37 AM | | | | | | Lightwave Logic’s Plastics Defy Stereotypes and Save Power
GlobeNewswire•February 28, 2019
ENGLEWOOD, CO, Feb. 28, 2019 (GLOBE NEWSWIRE) --
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Lightwave Logic, Inc. ( LWLG) today announced a major breakthrough in its development of clean technology polymer materials that target the insatiable demand for fast and efficient data communications in the multi-billion-dollar telecom and data markets supporting Internet, 5G and IoT (Internet of Things) webscale services. The improved thermally stable polymer has more than double the electro-optic response of the Company’s previous materials, enabling optical device performance of well over 100 GHz with extremely low power requirements. This addition to the family of PerkinamineTM polymers will hold back run-away consumption of resources and energy needed to support ever-growing data consumption demands. The Company anticipates it will continue rigorous testing of the material and its performance in device structures during the remainder of this year before releasing it into full device development. Meanwhile, the Company will continue on the path of customer engagement with its 50 GHz modulators. " style="margin: 0px 0px 1em;">Lightwave Logic, Inc. ( LWLG) today announced a major breakthrough in its development of clean technology polymer materials that target the insatiable demand for fast and efficient data communications in the multi-billion-dollar telecom and data markets supporting Internet, 5G and IoT (Internet of Things) webscale services. The improved thermally stable polymer has more than double the electro-optic response of the Company’s previous materials, enabling optical device performance of well over 100 GHz with extremely low power requirements. This addition to the family of PerkinamineTM polymers will hold back run-away consumption of resources and energy needed to support ever-growing data consumption demands. The Company anticipates it will continue rigorous testing of the material and its performance in device structures during the remainder of this year before releasing it into full device development. Meanwhile, the Company will continue on the path of customer engagement with its 50 GHz modulators.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Lightwave Logic develops Faster by Design™ extremely high-speed photonic devices and electro-optical polymer materials systems. These devices and materials promise to minimize added costs and energy consumption as data traffic grow by enabling network operators to run fewer, but faster, communications links than would be possible otherwise. Optical components made with conventional technologies such as semiconductors are hitting fundamental physical speed limits. Electro-optic polymers have excellent natural properties, which results in both unmatched speed and lower drive voltage. The Company has already developed 50 GHz optical devices based on its existing polymer electro-optic materials whose speeds exceed the 30 - 40 GHz1 of leading semiconductor products. The improved material doubles the speed and halves the devices’ voltage requirements." style="margin: 0px 0px 1em;">Lightwave Logic develops Faster by Design™ extremely high-speed photonic devices and electro-optical polymer materials systems. These devices and materials promise to minimize added costs and energy consumption as data traffic grow by enabling network operators to run fewer, but faster, communications links than would be possible otherwise. Optical components made with conventional technologies such as semiconductors are hitting fundamental physical speed limits. Electro-optic polymers have excellent natural properties, which results in both unmatched speed and lower drive voltage. The Company has already developed 50 GHz optical devices based on its existing polymer electro-optic materials whose speeds exceed the 30 - 40 GHz1 of leading semiconductor products. The improved material doubles the speed and halves the devices’ voltage requirements.
Dr. Joseph A. Miller, Jr., long time Lightwave Logic Board member commented, “Congratulations Lightwave. In my nearly fifty-year association with materials development, your accomplishment ranks right at the top. Your focus on polymer-based electro-optic systems recognized their potential to provide the highest speed in data communications. You have created a material set that could make that potential a reality. Such breakthroughs always bring great anticipation for the future. This is no exception.”
Dr. Michael Lebby, CEO of Lightwave Logic, Inc. stated, "I could not be more excited or prouder of our team for this accomplishment. They have raised the bar and set what could be a new industry standard for many years to come. Polymer electro-optics can break through today’s technology limitations to give us both fast and energy efficient data communications. We are anxious to get this material into a test device within the next 6 months while we continue developing existing polymer device prototypes for evaluation by potential customers. Our team’s recent success demonstrates that we are the premier company on the verge of engineering commercially viable, advanced electrooptic materials and devices beyond what has been achieved before.”
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="1 30 - 40 GHz modulators are used in a variety of 100 and 200 Gigabit per second transmission schemes." style="margin: 0px 0px 1em;">1 30 - 40 GHz modulators are used in a variety of 100 and 200 Gigabit per second transmission schemes.
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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.
Perkinamine™ is a polymer material family that was developed by Lightwave Logic as a breakthrough very high-speed material for use in optical communications. The materials are designed to have high electro-optic activity, thermal stability and photostability and compatibility with established optical manufacturing and packaging platforms.
For more information about Lightwave Logic, please visit the Company’s website at following URL: globenewswire.com |
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| To: Paul Lee who wrote (1772) | 3/6/2019 10:56:06 AM | | From: Zoro99 | | | | Lightwave Logic's Energy-Saving Plastics Attract Internationally Recognized Experts
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ENGLEWOOD, CO, March 06, 2019 (GLOBE NEWSWIRE)
Lightwave Logic, Inc. (OTCQB: LWLG), today reports that the inaugural members of its newly formed Advisory Board are three world-class leaders in the photonics industry: Dr. Craig Ciesla, Dr. Christoph S. Harder, and Mr. Andreas Umbach.
The Board held its first meeting with the Company's management on March 5 in San Diego, co-locating the meeting with the major Optical Fiber Communications conference and trade show. This body will work closely with company leadership to enhance the company's product positioning and promotion of its polymer modulator made on its proprietaryFaster by Design™ polymer P2IC™ platform. The advanced energy-saving plastics technology promises to minimize costs, natural resources and energy consumed by datacenters and data communications network supporting the insatiable demand for Internet, 5G and IoT (Internet of Things) webscale services.
The company is currently targeting 10 km and longer fiber optic links connecting datacenters with ultra-high-speed optical modulator products. This segment of the fiber optic market is currently growing faster than other segments and driven by the new need for edge computing for low latency IoT and 5G services. The mission of the Advisory Board will initially be to increase the company's outreach into the datacenter interconnect market and later to support expansion into other billion-dollar markets.
The company's competitive advantage is a proprietary electro-optic material family (Perkinamine™) coupled with in-house device fabrication of polymer-on-silicon devices, high-speed electro-optic package design and application experience. The company believes that it is this rare combination of multiple competencies that will enable it to convert technology potential to market success.
Similarly, the Advisory Board members have each been chosen for their combination of deep technical expertise, breadth of experience and industry relationships in the fields of fiber optics communications, polymer and semiconductor materials. Each of the Advisory Board members has experience at both innovators like Lightwave Logic and large industry leaders of the type most likely to adopt game-changing polymer-based products. In addition, they possess operational experience with semiconductor and polymer businesses.
Dr. Cielsa has held senior roles in the fiber optics industry, including responsibility for the production of 100G transceivers for the data center market. He was CEO and founder of Tactus Technology, a polymer-based display screen company based on his invention. With roles at Intel, JDSU, Lumentum, Kaiam, and now Illumia in DNA sequencing and nanofabrication, he brings Lightwave Logic tremendous technical and business acumen.
Dr. Christoph Harder is one of the world's top experts on lasers, optoelectronics and reliability. He was a cofounder of the IBM Zurich Laser Diode Enterprise which pioneered the first high reliability 980nm high power pump laser now ubiquitously used in telecom. He is currently the president and co-founder of Swissphotonics, a trade association that supports the competitiveness of its members by providing visibility opportunities and introductions to potential partners. With prior roles at IBM, JDSU, Nortel, Bookham (now Lumentum), he brings Lightwave Logic a wealth of experience to further position our polymer technology platform into major opportunities.
Mr. Umbach has headed leading organizations in high speed device and Photonic Integrated Circuit design and manufacturing, including as CEO of u²t Photonics which was one of the first companies to develop 50Gbps PIC products for the fiber optic communications market. He also led the efforts at HHI Berlin in Indium Phosphide and polymer photonics PIC technologies. With roles at u2t, Finisar, and HHI, he brings to Lightwave Logic significant experience in high speed design of integrated photonics technologies.
Lightwave Logic CEO Dr. Michael Lebby said, "I am delighted that these experienced executives have chosen to allocate their valuable time to joining us in our mission to bring electro-optic polymers and modulators to market. Each of them is truly world-class. Our meeting in San Diego has yielded valuable insights to better position Lightwave Logic in the marketplace with the right partners for success."
For more extensive background on the Advisory Board, please see the company website at: www.lightwavelogic.com
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| To: Zoro99 who wrote (1773) | 3/26/2019 8:47:46 AM | | From: Zoro99 | | | | Lightwave Logic Announces Annual Meeting of Shareholders to be Held in Englewood, Colorado on May 16, 2019
ENGLEWOOD, CO, March 26, 2019 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG), developer of Faster by Design™ extremely high-speed photonic devices and Perkinamine™ electro-optical polymer materials for applications in high-speed fiber-optic data communications and telecommunications, announced today that the Company has scheduled its 2019 annual meeting of shareholders to be held in Englewood, Colorado on May 16, 2019.
Details of the meeting are as follows:
Where: Hilton Denver Inverness, 200 Inverness Drive West, Englewood, Colorado 80112
When: Thursday, May 16, 2019
Time: 10:00 AM – 12:00 PM (Mountain Time)
For those who are unable to attend the meeting, a live feed and recording of management’s financial and technical update including audio and slide presentation will be made available via the company website.
For more information about Lightwave Logic, please visit the Company’s website at 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.
 Karen Liu Lightwave Logic, Inc. +1 720 356 4497 karen@lightwavelogic.com |
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