LMGR Light Management Group Inc. Announces Application of Ultraviolet Scanner as
Core Element in the Detection of Micro-Organisms
NORCROSS, Ga., Oct 24, 2001 (BUSINESS WIRE) -- Light Management Group Inc.
(LMG) (OTCBB:LMGR), developer of new applications in optical and light
technologies employing sound waves, today announced that its acousto-optic
technology, using its proprietary Ultraviolet (UV) Scanner, has an opportunity
to be a viable instrument in the detection of elements of biological warfare.
The UV Scanner system from LMG could use a prepared product from any kind of
biological or environmental sample. In this regard, the UV Scanner system would
become the key element of a larger detection system. The extreme sensitivity of
the UV Scanner would aid in sample size preparation and analysis. The
fully-computerized, ultra-fast UV Scanning system with flexible software and
precise pixel-positioning could readily become the key element of biological
warfare detection.
It is expected that the UV Scanner from LMG will experience commercial status in
the first quarter, 2002.
"The threat of harmful micro-organisms is very real and a contentious current
issue," said Dr. Donald J. Iwacha, CEO & President, Light Management Group. "We
are proud to introduce our UV Scanner as a potential nucleus in biological
warfare detection equipment -- an application with near-term implication."
Light Management Group Inc. specializes in the development of new applications
in optical and light technologies. LMG's breakthrough technology employs sound
waves to focus and direct light. LMG has filed for two United States patents in
the fiber optics field, both of which could have significant applications in
telecommunications, data transmission, and Internet technology. Light Management
Group is committed to fulfilling demand for multiple, complex levels of
switching within the communications industry.
Note: This release may contain forward-looking statements that involve risks and
uncertainties. These statements may differ materially from actual future events
or results. Readers are referred to the documents filed by LMG with the SEC,
specifically the most recent reports which identify important risk factors that
could cause actual results to differ from those contained in the forward-looking
statements, including potential fluctuations in financial results, dependence on
new product development, rapid technological and market change, failure to
complete the manufacture of network equipment on schedule and on budget,
financial risk management and future growth subject to risks, and adverse
changes in the regulatory or legislative environment. LMG undertakes no
obligation to review or confirm analysts' expectations or estimates or to
release publicly any revisions to any forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
CONTACT: LMGR Public Relations
Robin Lockhart, 877/207-5647
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KEYWORD: GEORGIA INTERNATIONAL CANADA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
INTERNET
TELECOMMUNICATIONS
HARDWARE
SOURCE:
Light
Management
Group
Inc.
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