Lightwave Logic to Unveil New Growth Initiative at the Roth Capital OC Growth Stock Conference on March 15, 2011

Company Announces Expansion into Proprietary Product Development

Mar 14, 2011, 07:00 ET from Lightwave Logic, Inc.

NEWARK, Del., March 14, 2011 /PRNewswire/ -- Lightwave Logic, Inc. (OTC Bulletin Board: LWLG), a technology company focused on the development of a Next Generation Electro-Optic Polymer Materials Platform for applications in high speed fiber-optic data communications and optical computing, announced that it will present its new, expanded business strategy at the upcoming 23rd annual Roth 23rd Annual OC Growth Stock Conference, to be held at:

                                      The Ritz-Carlton Hotel

                                      Dana Point, California  

                                      March 15, 2011

                                      1:30 PM (PST)

                                      Track 6 

Link to Webcast:  http://www.wsw.com/webcast/roth24/lwlg/

Roth Capital is an investment banking firm dedicated to the small-cap growth sector. The OC Growth Conference is one of the premier institutional events focusing investor attention on outstanding small and mid-cap growth companies across a variety of sectors.

Jim Marcelli, Chief Executive Officer of Lightwave Logic stated, "We think this is the perfect forum to unveil our new product development strategy. We intend to outline some of our most interesting new product development paths that we believe will vastly improve the performance of next generation applications such as Google's autonomous car, smart weapon systems that are currently under development by companies like Northrop, Boeing and General Dynamics and various high end security systems used throughout the world to monitor cities, ports, and airports, etc.

"New ultra fast image recognition engines based on our materials will vastly improve current LCD technology.  Taken together with our currently development programs such as Lockheed and Celestech and others, we believe that developing our own products based on our advanced Electro-Optic polymer materials platform will add another leg of shareholder value."

Phillips W. Smith, Lightwave's Chairman of the Board, commented, "Many people understand that Lightwave Logic has some of the world's foremost polymer chemistry expertise but, we also possess advanced systems design capability. Now with validated materials in hand, combining these two core competencies to develop our own products is a winning strategy which puts us in control of our own destiny."

"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. 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 without sourced components, and various other factors beyond the Company's control.

SOURCE Lightwave Logic, Inc.



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