Award Recognizes Lightwave Logic for Driving
Innovative Change in its Market
ENGLEWOOD, Colo., Oct. 3, 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 that it has
received the 2023 Industry Award for Most Innovative Hybrid
PIC/Optical Integration Platform from the European Conference on
Optical Communications (ECOC) – a premier industry exhibition –
held in Glasgow, Scotland from
October 2-4, 2023.
The ECOC awards emphasize technology and product
commercialization, highlighting significant achievements in
advancing the business of optical communications, transport,
networking, fiber-based products, photonic integration circuits and
related developments. The Innovative Product category with 5
subcategories looks across the industry at new products driving
change in their respective market segment, and what is timely and
helping to increase the use of optics. Metrics include design
features that are photonics, electronics, thermal, mechanical,
chemical, environmental and carbon footprint based.
"I am privileged to receive the Award for Most Innovative Hybrid
PIC/Optical Integration Platform on behalf of Lightwave Logic,"
said Chairman and Chief Executive Officer Dr. Michael Lebby. " Our team at Lightwave Logic has
worked very hard to bring our hybrid PIC platform based on EO
polymers to this level of maturity. I am honored to represent our
team today.
"ECOC is one of the leading conferences on optical communication
and attracts top industry minds from across the world. Our
proprietary engineered EO polymers enable an innovative hybrid PIC
platform with optical modulators to drive data at higher speeds
with less power, together in a very small form factor which is
ideal for PIC-based transceivers. We expect to see our
hybrid PIC platform performance extend for future generations
of optical equipment that will help drive the internet over the
next decade. With our commercialization underway, awards such as
this further validate our technology and provide industry
confirmation of the inherent benefits of our platform,"
concluded Lebby.
An awards ceremony was held at 11:40
a.m. Central European Time at the Product Focus Theatre
during the industry exhibition, where Dr. Lebby was presented with
the award.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) develops 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.