Press release
Lightwave Logic Provides Third Quarter 2020 Corporate Update
ENGLEWOOD, Colo., Nov. 10, 2020 /PRNewswire/ -- Lightwave Logic, Inc. (OTCQB: LWLG), a technology platform company leveraging its proprietary electro-optic
About this update from Lightwave Logic, Inc.
[{"type":"text","content":"ENGLEWOOD, Colo., Nov. 10, 2020 /PRNewswire/ -- 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 third quarter ended September 30, 2020.\n\n \n \n \n \n \n \n\n \nRecent Company Highlights: \nAnnounced technological breakthrough in its proprietary polymer technology, enabling compatibility with existing industry standard integrated photonics platforms, a direct result of feedback received from the Company's potential customers under NDA. Fortified intellectual property portfolio through receipt of patent grant on a highly promising advancement, developed by the Company's in-house technical team, which allows for the Company's modulators to improve performance across the board, enabling higher reliability in the fiber optics communications environment. Announced optimization of the Company's advanced, photo-stable, ultra-high-speed polymer for high-intensity light applications to be trialed with potential customers under NDA for use in telecommunications and data center end-markets. Appointed Dr. Franky So, a leading authority in polymer-based OLEDs, to the Company's advisory board to enhance Lightwave's product positioning and promotion efforts. Chief Executive Officer Dr. Michael Lebby continued to build critical pre-commercial thought leadership at key virtual industry events, including the AngelTech Live II Summit, the ECOC Exhibition 2020 and the EPIC Online Technology Meeting on Datacenter Interconnects.The full text of the Company's Quarterly Report on Form 10-Q for the second quarter ended September 30, 2020 was filed with the SEC on November 9th, 2020 and can be found here.\nManagement Commentary\n\"We continue to make sustained progress towards the refinement of our proprietary electro-optic polymers, best aligning with the needs of our potential customers evaluating our technology under NDA,\" said Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic. \"Our focus on materials innovation continues to pay dividends as we move incrementally closer to our long-term goal of mass commercialization, having recently announced several exciting technical breakthroughs and exciting new patent win...