NEWARK, Del., June 27, 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 hosted a one hour tour and briefing for Governor Jack Markell on June 27, 2013.
Lightwave Logic was founded on a forward-looking belief, that silicon and copper circuitry would one day reach their physical limits and that organic polymer technology could drive the future needs of telecom, datacom and optical computing. The Company's nonlinear electro-optical and all-optical polymer portfolio is gaining traction in states leading the way in attracting and growing companies that innovate in these markets. Delaware is one of those states.
Governor Jack Markell has a strong record of support for local development stage companies in Delaware with a special focus on leading edge technologies. Governor Markell has been a driving force behind attracting and funding state partnerships between Industry and Academia. This support has already had positive effects and has made Delaware home to several new up and coming photonics companies.
Tom Zelibor, Chairman and CEO who hosted the meeting stated, "We were extremely pleased to meet with Governor Markell and were glad to be able to demonstrate the capabilities of our company first hand. He was very impressed with the technology and the level of expertise being brought to bear in our efforts."
Governor Jack Markell added, "It was exciting to meet with Mr. Zelibor and the Lightwave team to hear about its boundary-pushing work and products.
"In Delaware, we have gone beyond simply making things – we create, and we innovate. Our many new technology companies plant the seed of an idea and take great pride in growing it into something much larger. We see that zeal in Lightwave Logic."
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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.
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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, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K; other risks to which our Company is subject; other factors beyond the Company's control.
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