Lumera Completes Device Shipment on Third Order from Lockheed Martin
July 15 2008 - 7:00AM
Business Wire
Lumera Corporation (NASDAQ:LMRA), a leader in the field of
photonics communication, announced today that it has completed the
shipment of electro-optic devices on the third purchase order from
Lockheed Martin under the terms of the existing material transfer
agreement. �We are pleased that our relationship with Lockheed
Martin is progressing and expanding with these additional orders,�
said Dr. Raluca Dinu, Vice President of Lumera�s Electro-Optic
Business Unit. �We look forward to continuing to provide our
materials and devices over the term of the Lockheed Martin
agreement as their needs increase and their confidence in Lumera
builds.� About Lumera Lumera is a leader in photonic
communications. The company designs electro-optic components based
on proprietary polymer compounds for the telecommunications and
computing industries. 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.
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