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Technology Stocks : Lightwave Logic, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Zoro99 who wrote (1109)	6/12/2009 2:20:21 PM
From: Jeffrey Beckman	1 Recommendation Read Replies (2) \| Respond to of 1811

Is the testing at the University of Arizona still going on? It isn't mentioned here.

To: Zoro99 who wrote (1109)	6/18/2009 10:00:28 AM
From: Zoro99	Respond to of 1811

Some coverage of Lightwave Logic in The OTC Investor this week... LINK: theotcinvestor.com Lightwave Logic Technology Could Revolutionize Market By Justin Kuepper • on June 15, 2009 Lightwave Logic, Inc. (LWLG) confirmed its previous testing on its revolutionary electro-optic polymer materials that showed three to seven times the performance of competitive materials. The technology exhibits thermal stability as high as 350 degrees Celsius and could be used in a variety of different applications. Lightwave Logic, Inc. (LWLG.OB: 0.79 0.00%), a technology company developing an elecro-optic polymer material for applications in high speed fiber-optic telecommunications and optical computing, has seen its shares rise sharply over the past few weeks. The company reported positive testing results, while also making progress with its patent applications. In order to transmit digital information at extremely high speeds, it is necessary to convert the electrical signals produced by a computer into optical signals for transmission over long-distance fiber-optic cables. The actual conversion of electricity into an optical signal may be performed by a molecularly-engineered material known as an electro-optic plastic. Lightwave is developing electro-optic plastics that promise performance many times faster than any technology currently available and that have unprecedented thermal stability. Recent results, confirmed by the University of Arizona, have demonstrated that the molecular performance of some of the company’s designs performed 650% better than competitive compounds. Last week, Lightwave confirmed its previous testing on its revolutionary electro-optic polymer material, which showed three to seven times the performance of competitive materials. Meanwhile, the technology also exhibited thermal stability in temperatures as high as 350 degrees Celsius, and can therefore be used in a variety of different applications. Earlier this year, Lightwave also received a first office action on two of its patent applications entitled “Heterocyclic Chromophore Architectures” and “Tricyclic Spacers for Nonlinear Optical (NLO) Devices.” The two office actions move the company forward in their continued procurement and protection of its valuable intellectual property portfolio. Last quarter, Lightwave reported no revenues and a net loss of nearly $14.7 million. The company’s balance sheet showed a healthier ratio with $488,435 in assets and just $76,835 in liabilities. However, the company only has $195,460 in cash remaining and has traditionally relied on investors to foot the bill, with around $15 million in paid-in capital. In the end, Lightwave remains a development stage company, but its technology shows great promise. A recent Regulation D filing with the SEC indicates that future funding may come from its own executives and promoters, but the company may need outside financing down the road, which introduces some elements of risk.

To: Zoro99 who wrote (1109)	6/22/2009 2:43:30 PM
From: Zoro99	Respond to of 1811

Universal Capital Management Reports on Lightwave Logic's Positive Test Results of Its "Next Generation" Electro-Optic Material Platform WILMINGTON, DE, Jun 22, 2009 (MARKETWIRE via COMTEX) -- Universal Capital Management, Inc. (OTCBB: UCMT), a Wilmington, Delaware business development company that provides management and strategic growth resources to emerging growth companies, is pleased to report on the recent progress of one of its portfolio companies, Lightwave Logic, Inc. Lightwave is a technology company focused on the development of electro-optic polymer materials for applications in high-speed fiber-optic telecommunications and optical computing. The company recently re-confirmed previous r33 test results of its Perkinamine class materials. Lightwave's most recent performance testing (r33) measurements conducted by Dr. C.C. Teng, the r33 Teng-Man testing protocol, support their previous test results which ranged from three to seven times the performance of competitive materials. The tests were conducted at 1350 and 1550 nano-meters (nm). Lightwave is continuing with its independent performance testing and material characterization of the company's "Next Generation Electro-Optic Material Platform" using among others Johns Hopkins University and the University of Alabama. Professor John D. Tovar at Johns Hopkins University is characterizing Lightwave's Perkinamine class of materials using spectroelectrochemical methods, while the University of Alabama is characterizing Lightwave's Perkinamine class of materials using electro spin resonance spectroscopy. Fred Goetz, Jr., Lightwave's Chief Science Officer, stated, "We believe we have created the first electro-optic polymer material platform to exhibit the ability to support a broad range of applications with thermal stability as high as 350 degrees Celsius. This high temperature stability of our materials eliminates a major obstacle to vertical integration of electro-optic polymers into standard microelectronic manufacturing processes." "The results signify a technological breakthrough in the industry that scientists have spent years trying to master," says Michael Queen, CEO of Universal. "Lightwave was our first portfolio company. This news is substantial for increasing our shareholder value. The potential upside of this investment to Universal is paramount." About Lightwave Logic, Inc. 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. Lightwave Logic, Inc. is a portfolio company of Universal Capital Management, Inc. (OTCBB: UCMT). About Universal Capital Management, Inc. Universal Capital Management, Inc. is a publicly traded business development company under the Investment Act of 1940. Its purpose is to provide an opportunity for its shareholders to diversify risk by investing in a fund that assists its portfolio companies to grow and increase in value. Please refer to the company's website at unicapman.com. Safe Harbor Statement Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Universal Capital Management, Inc. "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe UCM's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UCM as appropriate, and the valuation of UCM's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UCM believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and UCM does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. CONTACT: Julie Malewski 302-998-8824 SOURCE: Universal Capital Management CONTACT: www2.marketwire.com Copyright 2009 Marketwire, All rights reserved. -0-