Lightwave Logic, Inc. Selected to Showcase its Non-Linear Electro-Optical and All-Optical Polymer Technology at MDB Capital's Bright Lights Conference in New York City on May 10, 2011

NEWARK, Del., May 3, 2011 /PRNewswire/ -- Lightwave Logic, Inc. (OTC Bulletin Board: 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 is pleased to announce its selection for the prestigious NYC Bright Lights Conference on Tuesday May 10, 2011 at 11:30 AM at the Le Parker Meridien Hotel in New York City.  Bright Lights is the only conference of its kind with an exclusive focus on publicly-traded companies with disruptive and market changing intellectual property (IP).

Lightwave Logic was selected from MDB's 2011 group of "Best and Brightest" small-cap companies, a group that is advancing some of today's most innovative and market-leading intellectual property (IP).  Lightwave is one of the 40 public companies ranking in the 90th percentile for its respective technology leadership from more than 1,500 small-cap companies with granted U.S. patents, as rated by PatentVest, MDB's proprietary IP business intelligence platform.

Lightwave Logic will exhibit its electro-optical and all-optical polymer to renowned IP innovation leaders and institutional investors that are focused on shaping policies and strategies for IP monetization and value creation.

Jim Marcelli, Lightwave Logic's Chief Executive Officer said, "We are very pleased to be selected to present at this year's Bright Lights Conference.  The recent issuance of two key patents now protects our core technology underpins a powerful platform technology capable of generating new intellectual property which we believe will continue to create enormous long term shareholder value."

Christopher Marlett, CEO at MDB Capital Group, comments, "It's a rare and exciting opportunity to have so many key players that are driving IP asset monetization together under one roof and we look forward to sharing Lightwave's electro-optic and all-optical polymer technology with other innovators and investors at the Bright Lights conference."

Bright Lights also features high-profile speakers including the top IP experts in the nation, such as David Kappos, Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO), who will be joining as a keynote speaker; in addition to Marshall Phelps, former head of Microsoft IP, and John Cronin, former head of IBM's Patent Factory, and Paul Ryan of Acacia Research.

The second annual Bright Lights Conference will take place on May 10 -11th at the Le Parker Meridien Hotel in New York City. To learn more about the event, please visit: http://www.mdb.com.  

"Powered by Lightwave Logic"

Lightwave Logic, Inc. is a development stage company with ground-breaking electro-optical and Third-order polymer technology that holds significant advantages over conventional copper-based technology. The enormous speed and cost advantages together with the flexibility of form factor will enable new applications and devices that can change the way people live their lives.  For more information please visit:  www.lightwavelogic.com.

About MDB Capital Group

MDB Capital Group, LLC is an institutional research and investment banking firm focusing exclusively on small and micro-cap companies possessing market changing, disruptive intellectual property.  For more information on MDB Capital Group, visit:  http://www.mdb.com

About PatentVest

PatentVest® is a proprietary intellectual property (IP) business intelligence platform developed by MDB Capital Group. PatentVest quantifies the appropriate valuation of IP and enables the emergence of IP as an investible asset class. For more information on PatentVest please visit: http://www.patentvest.com

DISCLAIMER

Past performance is not a guarantee of future results. MDB Capital Group, LLC expects to receive or intends to seek compensation for investment banking or other business relationships with the covered companies mentioned in this press release. For important disclosure information regarding the covered companies in this press release, please contact: The Director of Research at (310) 526-5000 or write to: MDB Capital Group, LLC, Attention: Director of Research, 401 Wilshire Blvd., Suite 1020, Santa Monica, CA 90401.

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.

SOURCE Lightwave Logic, Inc.