Yves LeMaitre Brings Track Record of Success
Productizing and Scaling Optical Technology for Datacenters With
30+ Years of Executive Experience in Photonics and Global
Information Technology (IT)
ENGLEWOOD, Colo., July 23,
2024 /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 Yves LeMaitre to Lightwave
Logic's Board of Directors effective August
1st, 2024.
Mr. LeMaitre brings over 30 years of executive experience in
technology, corporate strategy and marketing to the Board of
Directors. He currently serves as a Strategic Board Advisor to
Trumpf Photonic Components, a global technology company
specializing in the development of lasers for optics, and as a
strategic advisor to the Optical, RF & Micro-Electronics
division of Sanmina AMT.
Mr. LeMaitre most recently served as CEO of Astrobeam.Space,
where he launched the startup's development of next-generation of
laser beam steering for satellite to satellite communication.
Previously, Mr. LeMaitre was the Head of the Optical Coherent
Division of IPG Photonics, where he advised and oversaw the
division's divestiture to Lumentum. Prior to that, he was the SVP
of Luna Innovations' North America Business Operation (following
the company's acquisition of RIO Lasers where he served as
President).
Previously, he spent 10 years in varying roles of increasing
responsibility through multiple acquisitions with Oclaro (later
acquired by Lumentum), ultimately achieving the roles of Chief
Strategy Officer at Lumentum. During his time at OCLARO, he
played a key role in positioning OCLARO as a leader in the optical
connectivity business, driving the growth of Indium Phosphide
lasers in the datacenter (now Generative AI front-end networks)
segments.
He holds a degree from Télécom Paris and a "Maitrise" Degree in Computer
Science and Mathematics from Nantes Université in France.
Mr. LeMaitre stated: "Generative AI is rapidly transforming the
optical communications industry. The need for massive, meshed and
parallel interconnections of GPUs inside AI and machine learning
clusters highlights the limitations of legacy technologies. To
scale up the bandwidth per optical lane to 200Gbps and beyond, new
materials will be required to address the shortcomings of today's
modulators. With its proprietary EO Polymer technology, Lightwave
Logic is uniquely positioned to become a critical supplier of
solutions for the future of the Generative AI market. I am
excited to join the Lightwave Logic Board and look forward to
leveraging my business experience to provide strategic advice to
take advantage of these unique growth opportunities."
Dr. Michael Lebby, Chairman and
Chief Executive Officer of Lightwave Logic added: "Over his career,
Yves has consistently demonstrated his ability to lead and develop
global business strategies, drive product innovation, and achieve
significant business growth. As a recognized thought leader in our
industry, I believe his deep bench of experience will prove
instrumental as we engage with Tier-1 customers for licensing and
selling our polymer modulators. Yves's experience aligns with our
goal to make electro-optic polymers ubiquitous and will help us
accelerate silicon photonics adoption in the datacenter
environment, driven by the growing demand for Generative AI,"
concluded Lebby.
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 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 and 10-Q; other risks
to which our company is subject; other factors beyond the company's
control.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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SOURCE Lightwave Logic, Inc.