ACCESS Newswire
11 Aug 2020, 18:13 GMT+10
ENGLEWOOD, CO / ACCESSWIRE / August 11, 2020 / Lightwave Logic, Inc. (OTCQB:LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10-Q for the second quarter ended June 30, 2020.
Recent Company Highlights:
The full text of the Company's Quarterly Report on Form 10-Q for the second quarter ended June 30, 2020 was filed with the SEC on August 10, 2020 and can be found here.
Management Commentary
'The first quarter of 2020 was marked by our continued advancement of our proprietary electro-optic polymers, incorporating feedback from potential partners to drive our technology closer to commercialization,' said Michael Lebby, Chief Executive Officer of Lightwave Logic. 'We have, and will continue, to focus on materials innovation and speed of our modulators, which brings us one step closer to future integration of our technology.
'From a thought leadership perspective, we continue to gain mindshare with key industry players - most recently through my virtual keynote address at the SPIE Photonics Digital Forum in April 2020. During that event, I discussed how polymer optimal devices, such as ours, are the clear choice for next-generation internet infrastructure given their ability to operate at lower voltages with improved signal quality. We were also fortunate to have our article on the benefits of EO polymers featured in Photonics Media, a leading industry trade publication.
'I look forward to continued progress in the months ahead as well advancing our development of prototypes and enhanced performance both at 1310 as well as 1550nm optical wavelengths. We continue to focus on creating sustainable value for our shareholders over the long-term,' concluded Lebby.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (OTCQB: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. 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 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 Form 10-Q; other risks to which our Company is subject; other factors beyond the Company's control.
Investor Relations Contact:
Greg Falesnik or Luke Zimmerman
MZ Group - MZ North America
949-385-6449
[email protected]
www.mzgroup.us
SOURCE: Lightwave Logic, Inc.
Get a daily dose of Baltimore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Baltimore Star.
More InformationNEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...