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To: lindelgs who wrote (28873)	1/11/2001 11:13:35 AM
From: im a survivor	Respond to of 65232

LightPath Technologies Announces $13.7M Order for Micro-Optic Assemblies ALBUQUERQUE, N.M., Jan 11, 2001 /PRNewswire via COMTEX/ -- LightPath Technologies, Inc. (Nasdaq: LPTH chart, msgs), manufacturer of families of high performance fiber optic components for the telecom industry, today announced that its wholly-owned subsidiary, Horizon Photonics, Inc., has received a $13.7M order for proprietary micro-optic assemblies from a leading manufacturer of telecom systems. The order calls for Horizon to deliver over $10M in product during the first six months of 2001. Bob Cullen, President of Horizon Photonics, commented, "This is the reward for designing next-generation OEM components for automation. Horizon's manufacturing platforms are now fully qualified and completely scalable for the ramping demands of our customers." LightPath manufactures proprietary collimator assemblies, GRADIUM(R) glass products and other optical telecommunications products at its headquarters in Albuquerque. The Company's subsidiaries, Horizon Photonics and Geltech, manufacture isolator products utilizing proprietary automation technology in Walnut, California, and precision molded aspherical optics used in the active telecom components market in Orlando, Florida and Auburn, California. Additionally, Geltech has a unique and proprietary line of all-glass diffraction gratings (StableSil(R)) for telecom applications as well as a product family of Sol-Gel based waveguides. The Company also has an office in Warren, New Jersey for the purpose of developing various optical switch products. The Company has 46 U.S. patents, plus 8 more pending, associated with its optical technologies. In addition, various foreign countries have issued a total of 18 patents with 28 patents pending. LightPath common stock trades on the Nasdaq National Market under the stock symbol LPTH. For further information, please contact Donald E. Lawson, President & CEO of LightPath, or Donna Bogue, CFO of LightPath; LightPath Technologies, Inc., (505) 342-1100, Internet: www.lightpath.com. This news release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Source: LightPath Technologies, Inc. Contact: Donald E. Lawson, President & CEO, or Donna Bogue, CFO, both of LightPath Technologies, Inc., 505-342-1100 URL: lightpath.com