Lightwave Logic Inc. is in the StockGuru Spotlight for January 12, 2010
Jan 12, 2010 (M2 PRESSWIRE via COMTEX) -- DALLAS, TEXAS: StockGuru announces that Lightwave Logic Inc. (OTCBB: LWLG) is in the StockGuru Spotlight. Lightwave Logic, Inc. is a development stage company that is producing prototype electro-optic demonstration devices and is moving toward 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.
On Monday, the company put out news announcing an agreement with the University of Alabama at Tuscaloosa to conduct cooperative development, analytical testing, optimization, and scale-up of its proprietary materials platform. The company believes that the agreement will help shorten the time to market for its new Polymeric Electro-Optic materials (Third Order materials where light is used to switch light), covered with its sixth patent application reported on previously.
Shares for Lightwave Logic Inc. (OTCBB: LWLG) were up during the afternoon of trading on Monday and closed up thirty four cents at closing.
To view our StockGuru Spotlight on Lightwave Logic Inc. (OTCBB: LWLG), please visit: stockguru.com
What is the StockGuru Spotlight? The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
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