Lightwave Logic, Inc. Announces the Addition of Howard E. Simmons, III, PhD to its Technology Team
WILMINGTON, Del., Nov 20, 2008 /PRNewswire-FirstCall via COMTEX/ -- Lightwave Logic, Inc. (OTC Bulletin Board: LWLG) ( lightwavelogic.com ), a technology company focused on the development of electro-optic polymer materials for applications in high speed fiber-optic telecommunications and optical computing, announced today the addition of Howard E. Simmons, III, PhD to our technology team. Dr. Simmons brings 25 years experience in organic synthesis and thin film technology.
Dr. Simmons joined the Lightwave technical team to enhance our capabilities in organic synthesis and thin film technologies. A graduate of MIT and Harvard, Dr. Simmons spent 25 years with DuPont engaged in R&D at the corporate and business unit level. Simmons has contributed to programs in organic light emitting diodes (OLEDS), printable electronics, graphic arts, optical recording materials and fundamental polymer research and holds 26 patents. David Eaton, CTO of Lightwave commented: "We are extremely fortunate to attract a scientist of Dr. Simmons' caliber. His capabilities are an excellent match to our needs. We expect he will be able to help us advance our synthesis and thin film testing programs rapidly."
Jim Marcelli, CEO of Lightwave stated, "I'm very excited to have Dr. Simmons join the Lightwave family. Howard's experience in organic synthesis will help to accelerate our preparation and scale-up of our Perkinamine family of materials."
About Lightwave Logic, Inc.
Lightwave Logic, Inc. is a development stage company, moving toward prototype demonstration and 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. Lightwave Logic, Inc. is a portfolio company of Universal Capital Management, Inc. (OTC Bulletin Board: UCMT). Please visit the Company's website, www.lightwavelogic.com , for more information.
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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, 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.
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