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Technology Stocks : Lightwave Logic, Inc.
LWLG 5.420+2.3%2:14 PM EST

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From: manny t3/28/2011 10:58:58 AM
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LWLG-Lightwave Logic Granted 2 United States Patents Protecting Advanced Electro - Optical Polymer Platform

NEWARK , Del . , March 28 , 2011 / PRNewswire / -- Lightwave Logic , Inc . ( OTC Bulletin Board : LWLG ) , a technology company focused on the development of a Next Generation Non Linear Optical Polymer Materials Platform for applications in high speed fiber - optic data communications and optical computing , announced today that the USPTO will issue US Patent No . 7 , 919 , 619 on April 5 , 2011 for Heterocyclical Chromophore Architectures directed to Perkinamine chromophores , the foundation of Lightwave ' s unique electro - optic materials platform . Additionally , the company has been issued US Patent No . 7 , 894 , 695 covering its Tricyclic Spacer System for Non - Linear Optical devices . A chromophore is an advanced type of dye that imparts electro - optical properties to a polymer . Perkinamine chromophores are a highly potent class of compounds which impart unparalleled thermal and optical stability to a resulting polymer matrix .
A tricyclic spacer system prevents aggregation of individual chromophores and enables long term stability of the material .
Jim Marcelli , Chief Executive Officer of Lightwave Logic said , " We are very pleased to finally obtain these 2 key patents that protect the core of our revolutionary electro - optical materials platform with utility across many different electro - optical devices and systems like optical buses for micro - processor chips and Optical Processing Units that include spatial light modulators , as well as telecom modulators , optical limiters , and optical computers ."
Dave Eaton , the company ' s Chief Technology Officer stated , " The USPTO has ultimately recognized the uniqueness of our material by granting us strong composition of matter patents . We are happy to have these issuances behind us and look forward to pursuing our pending applications . The flexibility and power of our platform technology continues to generate new intellectual property and we expect additional patent filings in the future ." " Powered by Lightwave Logic "
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 . 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 ,



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