LMRA Lumera Corpration (MM)

Lumera Corporation (NASDAQ: LMRA), an emerging leader in the field of nanotechnology, announced today that it has completed successful testing of its millimeter wave wireless bridge that will enable government and commercial entities to transmit vast amounts of data via a variety of high speed telecommunications networks. The successful test included transmitting 10 Gbps at 94 GHz, through the use of Gigabit Ethernet and other standard protocols. The single band wireless communications system completes the first phase of Lumera�s product development. In mid-November, Lumera expects to finalize the development and testing of its multiband, high-data-rate, adaptive millimeter-wave wireless communication system. �We are extremely pleased with the results of the tests on this first system,� said Dr. Raluca Dinu, Director of Lumera�s Electro-Optics Business Unit. �Based on these internal results, we are confident that the third party tests to be conducted next month on the multiband system will be equally positive. We�ve already begun discussions with prospective customers who have expressed interest in the fully functional commercial product.� Potential applications for the wireless bridge include enterprise campus connectivity, local area network (LAN) extension, metropolitan area network (MAN), redundant access (network diversity), storage access (SAN), distribution of high definition video, teleradiology. Target customers are organizations with vast amounts of data to transmit, such as large commercial enterprises and universities. Government agencies have also expressed an interest in such a high-data-rate wireless bridge for use in disaster recovery applications. Lumera�s wireless bridge offers high data transmission rates at low cost while avoiding the expense of digging and laying optical fiber, in an integrated system solution. 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. Lumera Corporation (NASDAQ: LMRA), an emerging leader in the field of nanotechnology, announced today that it has completed successful testing of its millimeter wave wireless bridge that will enable government and commercial entities to transmit vast amounts of data via a variety of high speed telecommunications networks. The successful test included transmitting 10 Gbps at 94 GHz, through the use of Gigabit Ethernet and other standard protocols. The single band wireless communications system completes the first phase of Lumera's product development. In mid-November, Lumera expects to finalize the development and testing of its multiband, high-data-rate, adaptive millimeter-wave wireless communication system. "We are extremely pleased with the results of the tests on this first system," said Dr. Raluca Dinu, Director of Lumera's Electro-Optics Business Unit. "Based on these internal results, we are confident that the third party tests to be conducted next month on the multiband system will be equally positive. We've already begun discussions with prospective customers who have expressed interest in the fully functional commercial product." Potential applications for the wireless bridge include enterprise campus connectivity, local area network (LAN) extension, metropolitan area network (MAN), redundant access (network diversity), storage access (SAN), distribution of high definition video, teleradiology. Target customers are organizations with vast amounts of data to transmit, such as large commercial enterprises and universities. Government agencies have also expressed an interest in such a high-data-rate wireless bridge for use in disaster recovery applications. Lumera's wireless bridge offers high data transmission rates at low cost while avoiding the expense of digging and laying optical fiber, in an integrated system solution. 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.