Lightwave Logic Delivers Perkinamine Indigo™ Coated Devices to Microelectronics Company
Extensive Test Results of the Material's Electro-Optical Activity by the University of Colorado, Boulder (UCB) Exceeds Microelectronics Company's Requirements
NEWARK, Del., Feb. 28, 2013 /PRNewswire/ -- Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of a Next Generation Non Linear Optical Polymer Materials Platform for applications in high speed fiber-optic data communications and optical computing, announced today that it has delivered prototype devices to its potential microelectronics partner coated with the Company's advanced organic nonlinear electro-optical polymer, Perkinamine IndigoTM. Tests conducted by the University of Colorado Boulder (UCB) on coupons coated with the material demonstrated consistent R33 measurements from 100-125 picometers per volt. This exceeds the microelectronics company's stated requirements.
Picometers per volt is a measure of electro-optical activity that is inversely proportional to the drive voltage necessary to operate devices. Higher electro-optical activity results in lower power requirements and therefore, increased efficiency.
Tom Zelibor, Chairman and Chief Executive Officer of Lightwave Logic commented, "We are extremely pleased with the results we have achieved on test coupons and have transitioned Perkinamine IndigoTM onto prototype devices provided by the microelectronics company.
"During this process we have gained a greater understanding of our material's properties. After rigorous testing at UCB, we believe our material possesses outstanding electro-optical activity with excellent thermal and chemical stability necessary for producing commercial devices. We now await the results of testing on the coated devices from the microelectronics company.
"I would like to thank the Lightwave Logic team along with Dr. Alan Mickelson and everyone at the University of Colorado, Boulder who worked tirelessly on this project."
These results now allow Lightwave Logic to proceed with plans to develop an advanced telecom modulator. Dr. Fred Leonberger, Senior Advisor to the Company is leading the project. Furthermore, this progress enables the Company to accelerate development of a prototype spatial light modulator it has been working on with Boulder Nonlinear Systems.
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Lightwave Logic, Inc. is a development stage company that produces prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. For more information, please visit the Company's website, 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, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
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