LONGMONT, CO--(Marketwired - August 10, 2016) - Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of Next Generation Photonic Devices and Non-Linear Optical Polymer Materials Systems for applications in high-speed fiber-optic data communications and optical computing, announced today that Michael Lebby, Ph.D. will present the scientific and economic case for the Company's high-performance polymer photonics for next-generation photonic integrated circuits as future competition for installed legacy photonic devices and emerging silicon photonic systems.
The ECOC Exhibition is in its 20th year and is held each September in a different European city. It has become an important annual congress of suppliers and service providers where thousands of decision makers can stay abreast of current and future industry trends in fiber optics and communications.
The concept of integrated photonics has been the subject of recent discussion in the photonics industry. The term relates to the powerful and ongoing trend to miniaturize and integrate multiple photonics functions on a single silicon chip.
[Advanced Electro-Optic Polymer Systems] + [Silicon Photonics]
Lightwave Logic is melding the power and flexibility of their proprietary electro-optic polymers with highly miniaturized integrated silicon photonic circuitry to bring to market commercially feasible polymer photonic integrated circuit (P2IC™) devices.
A Scalability Problem Looking For A Solution
Telecom and Datacom network providers are demanding low-cost, high-speed photonic devices. This represents billions of dollars in revenue opportunity as the currently installed legacy architecture utilizes technology based primarily on inorganic crystalline technology. While this has worked well up to this point, there are inherent limitations that prevent it from scaling effectively.
The industry is becoming keenly interested in a replacement technology. Lightwave Logic is preparing to demonstrate that Polymer Photonics is not a static solution. It can answer today's needs while offering a technology that can also grow to meet future demands.
Tom Zelibor, Chairman and CEO of Lightwave Logic commented, "We are honored that the ECOC board accepted our written technical paper submission and have invited us to introduce our advanced organic electro-optic polymer technology to this important audience of industry decision makers."
"This will be further magnified by Dr. Michael Lebby, who will present the specifics of our technology and how P2IC™ can offer a compelling alternative.
"We most certainly will gain enormous industry exposure to set the stage for the completion of our first organic polymer-enabled prototype photonic device that we expect to demonstrate over the next several months."
For more information about Lightwave Logic, please visit the Company's website at: www.lightwavelogic.com
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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. 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.