Lightwave Logic Expands Scope of Prototype Modulator Development To Include Optical Computing Applications
NEWARK, Del., Oct 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- Lightwave Logic, Inc. (OTC Bulletin Board: LWLG) a technology company focused on the development of electro-optic polymer materials for applications in high speed fiber-optic telecommunications and optical computing, today announced that the company is developing an amplitude modulator which will produce structures that can be assembled into 1- and 2- dimensional arrays of input-output devices. These arrays are useful for optical computing applications such as encryption and pattern recognition.
The amplitude modulator, which is being developed for the optical computing market, is a perfect complement to the company's initial prototype phase modulator for telecommunications applications, which is scheduled for completion later this month.
"Given a 50,000 improvement in computing power for a given size weight and power, optical computing holds enormous potential for use in telecom and computer applications," said Terry Turpin, Optical Computing Guru of Lightwave Logic. Optical modems, for example, could greatly expand the bandwidth of existing optical fibers, while user authentication, DNA sequencing and fingerprint matching could benefit enormously from the speed and efficiency of optical computing. Lightwave's technology offers the promise of a low cost, high speed optical modulator, which is a key element in an optical computer. It is the part of the optical computer that takes information and puts it in an optical format at the optical computer input. "A high speed, low cost modulator has been the holy grail of the optical computing community for decades," Turpin added.
Further, Lightwave has had productive and ongoing dialogue with a number of key potential business and technology partners in an effort to move the company forward. "We continue to make solid progress on all fronts", said James Marcelli, chief executive officer of Lightwave Logic. "'Powered by Lightwave Logic'" is our vision and our goal, as we target a wide array of OEM products in that multi- billion dollar market."
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. 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.
SOURCE Lightwave Logic, Inc.
URL: lightwavelogic.com
www.prnewswire.com
Copyright (C) 2009 PR Newswire. All rights reserved |
