Lightwave Logic Material Exceeds Technical Requirements for Major Microelectronics Systems Supplier

NEWARK, Del., Dec. 15, 2011 /PRNewswire/ -- Lightwave Logic, Inc. (OTC Bulletin Board: LWLG.OB), 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 achieved a major breakthrough in the field of organic non-linear optical materials. The new materials are distinguished by very high electro-optical properties in excess of 250 picometers per volt and excellent thermal and photo stability recently confirmed by independent research laboratories.

This latest addition to the company's portfolio of advanced organic nonlinear optical materials will address the specific demands of various end markets including telecommunications, data communications and optical computing.  Lightwave Logic management believes that subject to confirmatory tests to be conducted by the major microelectronics company it has been working with, the project will likely move out of the research and development phase in 2012.

The company will be scheduling a shareholder teleconference to discuss the wide-ranging implications of this major advancement.

Jim Marcelli, Chief Executive Officer of Lightwave Logic stated, "This is a defining moment for our company and vaults us into the forefront of electro-optical and all-optical material technology.  We believe that unique physical properties of Perkinamine Indigo™ not only exceed the specifications that we have been asked to achieve, they actually go beyond this one application and will also allow us to fabricate products that can integrate with and technologically surpass existing legacy infrastructure in both telecommunications and data communications markets which in total represents and enormous revenue opportunity."

Dr. Louis Glasgow, Chief Technology Officer of Lightwave commented, "Independent test results recently conducted in our laboratories, Micron Inc., Photon-X and The University of Colorado Boulder Department of Electrical, Computer, and Energy Engineering have confirmed the outstanding electro-optical effect of Perkinamine Indigo™.  The material has demonstrated r33 values in excess of 250 picometers per volt at 1550 nanometers, extraordinary thermal stability and robust resistance to photo bleaching.

"This represents a major technological achievement for Lightwave Logic and a major advancement for the field of organic nonlinear optical materials. These are early results and we have much to learn about how to harness full potential of Perkinamine Indigo™ to begin to develop prototype devices. We are very excited by this promising discovery."

"Powered by Lightwave Logic"

Lightwave Logic, Inc. is a development stage company that is producing 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. Please visit the Company's website, www.lightwavelogic.com for more information.

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.

For Further Information Contact:
Steven Cordovano
Lightwave Logic
203-952-6373
[email protected]

SOURCE Lightwave Logic, Inc.