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Technology Stocks : Lightwave Logic, Inc.
LWLG 5.820+11.3%Nov 10 3:59 PM EST

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To: gatesoft who wrote (1323)11/17/2009 7:36:23 PM
From: Peter V   of 1811
 
I don't see the connection.

LWLG is "a technology company focused on the development of electro-optic polymer materials for applications in high-speed fiber-optic telecommunications and optical computing."

I didn't see anything in that statement about lighting or OLED displays. Just because Simmons has OLED experience, does not mean that LWLG's polymers are going to work in that field. What am I missing?

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U.S. Dept. Of Energy to Fund Innovative OLED Lighting Developed by DuPont

Nov 16, 2009 (PRWeb.com via COMTEX)

DuPont announced that it has been awarded a $2.25 million grant from the U.S. Department of Energy (DOE) for a two-year project to develop a solid-state lighting source using low-cost organic light emitting diode (OLED) solution-processing manufacturing techniques.

The project will leverage DuPont's experience in OLED development for displays, while tailoring the technology to the unique requirements for solid-state lighting, an advanced technology that can significantly reduce energy consumption compared with incandescent and fluorescent lamps. Solution-processing is a cost-effective technique for the manufacture of OLEDs due to its lower capital investment, reduced fixed costs and efficient use of materials. The benefits are seen through manufacturing large areas at low cost while delivering completely new, highly efficient lighting concepts.

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