LONGMONT, Colo., March 6, 2014 /PRNewswire/ -- 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 it has begun the process of manufacturing its advanced
design Silicon Organic Hybrid Transceiver prototype and has
released the completed chip design to OpSIS Inc., who will be
producing initial silicon wafers. Delivery of the wafers is
expected in early summer.
A Multi Integrated Nanophotonic Transceiver is a
communications device that both transmits and receives
data--addressing a serious need in telecom and datacom
applications. The integration of NLOPs could dramatically
increase data rates; decrease both manufacturing and operating
costs and minimize power consumption. More importantly, it is
a multi-channel device capable of transmitting many channels on the
same fiber and exceeding 100 Gb/s data throughput.
A recent study by IBM stated that 70% of all mid-sized business
have employed cloud-based solutions and several industry experts
have estimated that over 2.5 quintillion bits of data are being
created and accessed every day. This number continues to expand,
pushed by the growth of on-demand movies, picture storage and
messaging. There is enormous potential demand for 100 Gb/s
transceivers, which has been hampered by a very high cost that
approximates several thousand dollars per device. This is due
to the current 4 x 25 Gb/s configuration that is limited by the
inherent properties of inorganic materials.
Tom Zelibor, Chairman and Chief
Executive Officer of Lightwave Logic stated, "We are pleased to
begin the manufacture of this important, timely device that
addresses the needs of data centers around the world. The
unique design of this transceiver has been in the works for quite
some time and I am glad to see it taking shape into a functioning
device.
"Our organic polymer-based solution is intended to meet the
demand for low cost, low power 100 Gb/s interconnections that can
offer one multi-channel device at a fraction of the cost of current
4 x 25 Gb/s solutions. Over and above a lower acquisition
cost, organic polymers emit less heat; require less error
correction, and run on dramatically reduced voltage to offer a
compelling combination of features and benefits to address the
specific and pressing needs of both data communications and
telecommunications industries. Furthermore, organic polymer-based
devices offer a pathway of continuous improvement due to an open
molecular architecture that can be altered to improve
characteristics.
"OpSIS will be providing us with wafers that will each contain
hundreds of devices we will process with various combinations of
our electro-optic polymer systems. This initial application
will target inter-data center interconnections of more than 10
kilometers. Our next design will utilize a different wavelength and
address the current bottleneck in the rack-to-server layer.
The movement of information within an individual data center is
many times larger than what actually enters and leaves."
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.
For Further Information Contact:
Steven
Cordovano
Lightwave
Logic
203-952-6373
steve@lightwavelogic.com
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SOURCE Lightwave Logic, Inc.