Lightwave Logic Successfully Demonstrates Packaged Polymer Modulators Designed for 50Gbps

Englewood, Colorado, March 26, 2018 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of Next Generation Photonic Devices and Non-Linear Optical Polymer Materials Systems for applications in high-speed fiber-optic data communications and telecommunications, announced today it has successfully demonstrated, together with its packaging partner, packaged polymer modulators designed for 50Gbps.  

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Packaging is important for any optoelectronic or photonic device, in that it allows the micron-scale electrical contacts on a device to be accessed by the outside world and provides a platform for optical signals to both enter and exit the modulator.   Packaging also protects the modulator from the normal environmental hazards with mounting and connecting of devices.

Modulators are critical components of data and telecommunications networks that perform the task of converting digital information into pulses of light for transmission over fiber optic networks.  Polymer modulators have significant cost and performance advantages over current legacy devices which are based on inorganic crystalline materials such as silicon and indium phosphide.

Over the past 6 months, the Lightwave Logic technical team worked together with its partner to complete the design with careful attention paid to optical and electrical signaling issues.  These accomplishments not only represent an important technological step for the company but also advances the company’s commercialization effort by enabling the ability to provide polymer modulators for customers to measure, characterize, and evaluate.  Further optimizations will be made between the package and the polymer modulator to fine-tune performance parameters of prototypes before customer evaluations can begin.  

Polymer modulators that operate both at 25Gbps and 50Gbps are expected to be attractive to customers for characterization as the 25Gbps data rate is critical for the 100Gbps data communications and telecommunications market while the 50Gbps data rate allows the ability to address the 400Gbps and 800Gbps systems with a high-performance, cost-effective solution.

The datacom and telecommunications application markets represent a market opportunity for Lightwave Logic PIC-based technologies with fiber-based transceivers that in total is forecasted to grow to over $25B by 2025.

Dr. Lebby, CEO of Lightwave Logic noted, “packaging devices whether they be semiconductor silicon or indium phosphide is always a multi-disciplinary engineering challenge, and similarly for polymer materials. This achievement is consistent with the timeline we indicated at the Annual Shareholders Meeting in May 2017.  Our team has addressed difficult engineering challenges successfully and efficiently, enabling us to produce what we consider to be world-class engineering solutions in the polymer photonics field.”

Dr. Lebby added, “We firmly believe that our new and innovative packaging platform will allow us to scale our polymer-based PIC (P2IC™) platform with our Mach-Zehnder ridge waveguide modulator design as well as other photonics devices competitively in the 100Gbps and 400Gbps datacom and telecommunications applications market.”

For more information about Lightwave Logic, please visit the company’s website at: www.lightwavelogic.com

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Lightwave Logic, Inc. is a development stage company moving toward commercialization of next generation photonic devices using its high-activity and high-stability organic polymers for applications in data communications and telecommunications markets. Photonic electro-optical devices convert data from electric signals into optical signals. For more information, about the Company please visit the corporate 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; other risks to which our Company is subject; other factors beyond the Company's control. Attachment:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3200bd6c-315a-4118-b8d2-ccd63d5bbccf

Steven Cordovano
Lightwave Logic
203-952-6373
steve@lightwavelogic.com




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