Laila Partridge
Brings 30+ Years Track Record of Executing Transactions in
the Technology Space
ENGLEWOOD, Colo., July 19,
2023 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ:
LWLG), a technology platform company leveraging its proprietary
electro-optic (EO) polymers to transmit data at higher speeds with
less power in a small form factor, today announced the
appointment of respected industry executive Laila Partridge to Lightwave Logic's Board of
Directors effective August 1,
2023.
Ms. Partridge brings over 30 years of executive experience in
technology, corporate innovation and finance to the Board of
Directors – having worked with a wide range of technologies,
including telecommunications, internet infrastructure, AI, internet
of things and more. She was named by Boston Business Journal as one
of the ten "2017 Women to Watch in Science and Technology".
She currently serves as Founder and Chief Executive Officer of
The HardTech Project, a new venture with a novel approach to
early-stage hardware investing. Previously, she was Managing
Director of the STANLEY + Techstars Accelerator where she directed
a global effort for Stanley Black
& Decker's Chief Technology Officer to identify and invest in
innovative technologies for industrial applications with an
emphasis on electrification, sustainability and advanced
manufacturing. Prior to that, she began her technology career at
Intel Capital, serving as a Director of Strategic Investments. Ms.
Partridge began her career at Wells Fargo, where ultimately
achieved the role of VP of Corporate Banking, having led complex
corporate finance transactions for the Company's senior secured
debt agencies in the Midwest.
Ms. Partridge brings significant board experience to the Board
of Directors, including at Intel Capital serving privately-held
technology companies, and in her current role as an independent
Director at Cambridge Trust (NASDAQ: CATC). She holds a Bachelor's
degree with Honors from Wellesley
College.
Ms. Partridge stated: "I am excited by the opportunity to join
the Board of Lightwave Logic. Their breakthrough technology is a
critical infrastructure ingredient for the next generation of
computing. Tools like ChatGPT and Bard are putting unprecedented
capabilities into the hands of the average consumer and as
individuals begin exploring those capabilities, the underlying
datacenter infrastructure needs to innovate to support that demand.
I look forward to working closely with the Board to offer my
decades of experience in helping traditional industries incorporate
disruptive new technologies – including IP licensing and technology
transfer business models."
Michael Lebby, Chairman and CEO
of Lightwave Logic, added: "I am truly excited to have Laila join
the Lightwave Logic Board of Directors. I worked directly
with Laila at Intel Capital during the technology boom – where I
saw her expedite and navigate technology investments and business
deals in the telecommunications, datacom, and internet
markets. Over the past two decades, Laila has deepened her
acumen as a world respected industry executive for innovative
technology opportunities utilizing licensing and technology
transfer approaches to monetization. Laila's experience aligns
perfectly with our drive to make electro-optic polymers ubiquitous
through our 3-prong business model of 1) technology transfer and
partnering with foundries, transceiver companies etc., 2) selling
product with polymer based photonic integrated circuits (PICs), and
3) commercial licensing of our chromophore materials."
"At Intel, Laila gained incredible operational experience from
sitting on the Itanium™ Executive Launch Team, a 10-member
cross-divisional management team, coordinating and directing all
elements of Intel's 15-year Itanium™ chip family launch.
Her appointment to this team was a result of creating the
$253 Million Intel 64 Fund™, an
ecosystem development effort that generated Harvard Business School
Case Study N9-800-351.
"Laila's knowledge of both the fiber optic communications
markets as well as non-communications markets (such as artificial
intelligence, consumer, display, sensing, medical, biotech, etc.),
will help Lightwave Logic hone business strategies for growing our
electro-optic polymer business," 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 in a small form
factor. 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 and 10-Q; other risks
to which our company is subject; other factors beyond the company's
control.
Investor Relations
Contact:
Lucas
A.
Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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SOURCE Lightwave Logic, Inc.