Award Granted by ECOC Exhibition Industry
Awards Committee, Composed of Telecom and Datacom Industrial
Corporations
Award Again Recognizes Lightwave Logic's EO
Polymer Material and Technology as a Leading Innovation
Amongst the Industry
ENGLEWOOD, Colo., Sept. 24,
2024 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ:
LWLG), a technology platform company leveraging its proprietary
electro-optic (EO) polymers to transmit data at higher speeds with
less power in a small form factor, today announced that it has
received the 2024 Industry Award for Most Innovative Hybrid
PIC/Optical Integration Platform from the European Conference on
Optical Communications (ECOC), a premier industry exhibition held
in Frankfurt, Germany from
September 22-26, 2024.
The ECOC Exhibition Awards highlight exceptional achievements in
advancing the business of optical communications, transport,
networking, fiber-based products, photonic integration circuits and
related developments. The awards, granted by a technical committee
of industry peers and industrial corporations, indicate market
recognition and cover 2 broad value-chain categories: Optical
materials, components, packages, modules etc.; and Optical Systems,
networks, standards, architecture etc.
"Lightwave Logic is honored to receive the Award for Most
Innovative Hybrid PIC/Optical Integration Platform on behalf of
Lightwave Logic for the second time, granted by a committee
of industry peers, reflecting true market recognition of our
technology," said Dr. Michael Lebby,
Chairman and Chief Executive Officer of Lightwave Logic. "Since
winning the award in 2023, we have continued to demonstrate our
leadership in the photonics industry with outstanding 200Gbps per
lane performance for our technologies that aligns well with
datacenter expectations today. This award serves as a highlight
amidst our ongoing engagement with a wide spectrum of companies
discussing device designs to materials supply and licensing
agreements for our EO polymer materials with OEMs and tier-1
multinational corporations. We are confident in the implicit
competitive advantage of our solution to support datacenters around
the world which are responding to the burgeoning demand for higher
speed data transmission from artificial intelligence, machine
learning, and other cloud-based services.
"ECOC is one of the leading global industry conferences on
optical communications, adding to the recognition for this
particular innovation award, which provides further market
validation of our technology and provides industry peer
confirmation of the inherent benefits of our platform," concluded
Lebby.
An awards ceremony was held live at the ECOC Exhibition in the
Product Focus theatre on Tuesday, September
24, 2024, from 11:45 a.m.
Central European time, where Lightwave Logic was presented with the
award.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) develops a platform
leveraging its proprietary engineered electro-optic (EO) polymers
to transmit data at higher speeds with less power in a small form
factor. The company's high-activity and high-stability organic
polymers allow Lightwave Logic to create next-generation photonic
EO devices, which convert data from electrical signals into optical
signals, for applications in data communications and
telecommunications markets. For more information, please visit the
company's website at www.lightwavelogic.com.
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, lack
of available funding; general economic and business conditions;
competition from third parties; intellectual property rights of
third parties; regulatory constraints; changes in technology and
methods of marketing; delays in completing various engineering and
manufacturing programs; changes in customer order patterns; changes
in product mix; success in technological advances and delivering
technological innovations; shortages in components; production
delays due to performance quality issues with outsourced
components; those events and factors described by us in Item 1.A
"Risk Factors" in our most recent Form 10-K and 10-Q; other risks
to which our company is subject; other factors beyond the company's
control.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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SOURCE Lightwave Logic, Inc.