ORLANDO, Fla., Sept. 25, 2012 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company" or "we"), a global manufacturer, distributor and integrator of patented optical components and high-level assemblies, announced that management will participate in the 2012 SPIE Security and Defense Conference, being held in Edinburgh, UK the week of September 24th, 2012.
LightPath Technologies' paper entitled "An Investigation of Material Properties for a Selection of Chalcogenide Glasses for Precision Glass Molding," which will be presented at the SPIE Security and Defense Conference in Edinburgh, Scotland, is a detailed analysis of the material properties of chalcogenide materials and documents the feasibility of these materials in high volume applications from material procurement, manufacturing, performance, and cost perspectives.
LightPath's Vice President of Corporate Engineering, Alan Symmons stated, "The importance of these papers and the underlying work cannot be overstated. LightPath Technologies continues to push the forefront in precision glass molding of Chalcogenide glasses and a paper like this only increases the general acceptance of the material, as it displaces Germanium throughout the industry. LightPath is committed to being a world leader in the production of precision glass molded Chalcogenide lenses and in the research and development of these glasses."
Mr. Symmons continued, "We have significantly increased our R&D activities over the last year at LightPath Technologies, and our research, contained in this paper and our other recent publications indicates that there is indeed good science that supports our strategy to penetrate the infrared imaging markets with Chalcogenide."
LightPath Technologies is a global leader in the manufacture and distribution of molded glass optics for a variety of applications including telecommunications, defense, medical and industrial-laser optics. LightPath has applied the knowledge and experience developed over the last twenty five years in the visible optics market to develop a low-cost manufacturing technique for the production of infrared optics. Applications of infrared and thermal imaging technology have grown dramatically over the last ten years into various markets including industrial inspection, automotive safety, chemical and biological sensing and security and surveillance – markets that are expected to generate over $20 billion in system-wide sales in 2014.
About LightPath Technologies
LightPath manufactures optical products including precision molded aspheric optics, GRADIUM® glass products, proprietary collimator assemblies, laser components utilizing proprietary automation technology, higher-level assemblies and packing solutions. LightPath has a strong patent portfolio that has been granted or licensed to us in these fields. LightPath common stock trades on the Nasdaq Capital Market under the stock symbol LPTH. For more information visit www.lightpath.com
Brian Soller, Vice President, Corporate Development
LightPath Technologies, Inc. (407) 382-4003
This news release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE LightPath Technologies, Inc.