ENGLEWOOD, Colo., Jan. 6, 2022 /PRNewswire/ -- Lightwave
Logic, Inc. (NASDAQ: LWLG), a technology platform company
leveraging its proprietary electro-optic polymers to transmit data
at higher speeds with less power, today announced the
successful initial testing of its optical grating couplers. Grating
couplers will be part of the Company's Design Tool Kit that will
simplify foundry processes and Process Development Kits (PDKs) when
integrating the company's polymer technology with silicon
photonics.
The introduction of optical grating couplers, integrated with
the Company's modulators, enable light to be efficiently coupled
into and out of the modulator, improving the overall efficacy of an
integrated silicon photonics platform. The inclusion of an optical
grating coupler in a PDK enables silicon foundry partners to
fabricate the modulator and optical grating coupler either
simultaneously or in a single fab run.
Dr. Michael Lebby, Chief
Executive Officer of Lightwave Logic, commented: "We are making
significant internal efforts to further build-out the information
needed for a robust PDK for our foundry partners, enabling an
expedited commercialization process through simplified
manufacturing. The addition of another silicon photonic tool such
as the optical grating coupler into our portfolio of design
elements is very important as we optimize the performance of our
high-speed, low-power modulators.
"We are working on additional design tool kit components to
further simplify this process for our foundry partners and look
forward to providing further updates. We continue to make
substantial progress while striving to create sustainable,
long-term value for our shareholders," concluded Lebby.
About Lightwave Logic,
Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform
leveraging its proprietary engineered electro-optic (EO) polymers
to transmit data at higher speeds with less power. The Company's
high-activity and high-stability organic polymers allow Lightwave
Logic to create next-generation photonic EO devices, which convert
data from electrical signals into optical signals, for applications
in data communications and telecommunications markets. For more
information, please visit the Company's website
at 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.
Investor Relations
Contact:
Greg Falesnik or Luke
Zimmerman
MZ Group - MZ North America
949-385-6449
LWLG@mzgroup.us
www.mzgroup.us
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SOURCE Lightwave Logic, Inc.