Stockguru.com: Lightwave Logic Inc. is in the StockGuru Spotlight for May 21, 2009
May 21, 2009 (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, 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.
On Wednesday, the company put out news announcing an update on its preliminary performance evaluation of its Perkinamine class materials. Lightwave Logic is currently in the process of extensive internal and independent testing for material performance and characterization for specific application programs. Our most recent preliminary performance evaluations, which include among other tests, the r33 Teng-Man testing protocol, support our previous test results and appear promising. We recently strengthened our internal testing protocols to create a more comprehensive testing program. In addition we are working with three separate universities in connection with both material characterization and performance of our Perkinamine class materials for specific applications. We believe that if our preliminary evaluations are further confirmed in independent testing, we will have created the first electro-optic polymer material platform to exhibit the ability to support a broad range of applications.
Shares for Lightwave Logic Inc. (OTCBB: LWLG) were steady in the early morning of trading on Wednesday and closed up nine cents at close.
To view our StockGuru Spotlight on Lightwave Logic Inc. (OTCBB: LWLG), please visit: stockguru.com
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