LMRA Lumera Corpration (MM)

Lumera Corporation (Nasdaq:LMRA), an emerging leader in the field of nanotechnology, announced today that Dr. Robert Petcavich, Senior Vice President and Chief Technology Officer, will present an overview of Lumera at the upcoming New York State Investors Conference. The conference title is "NANOTECH, THE NEXT ECONOMIC FRONTIER" and will be held in Albany, NY on May 15 and 16. Dr. Petcavich's presentation will be webcast live beginning on or about 11:00 a.m. Eastern Time (ET) on Monday, May 15, 2006. The following webcast URL provides access to the live presentation as well as an audio file that will be archived for 90 days following the event: http://www.wsw.com/webcast/nys2/lmra/. About Lumera Lumera is a leader in the emerging field of nanotechnology. The company designs proprietary molecular structures and polymer compounds for the bioscience and communications/computing industries, both of which represent large market opportunities. The company also has developed proprietary processes for fabricating such devices. For more information, please visit www.lumera.com. Certain statements contained in this release are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company's forward-looking statements include the following: market acceptance of our technologies and products; our ability to obtain financing; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company's SEC reports, including its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q.