Slide 1: Shareholder Presentation February 2011
LightPath’ LightPath Technologies, Inc. (NASDAQ: LPTH) Shareholder Presentation February 2011 confident focusing on opticel solutions
Slide 2: Company Overview
company Overview LightPath Technologies is a manufacturer, designer & developer of high volume, low cost optical components and assemblies + Diversified product base Glass aspheric optics-vsible and infrared Collimators isolators, mounted lenses + GRADIUM glass lenses + Build products that manage li
Slide 3: With our new strategy in place, we have successfully cut costs
With our new strategy in place, we have successfully cut costs therefore increasing gross profit and margin Currently we are utilizing 48% of capacity Many of our costs are fixed and will be absorbed as sales increase, further increasing our gross. profit and margin We anticipate strong top-line and
Slide 4: Lens Cost Improvement FY2007 - FY2010
LightPath® Lens Cost Improvement FY2007 - FY2010 167% 57% 86% Units Cost Margin ‘Comparison of actual Units, ASP, Costs and Gross Margins between FY2010 as compared to FY2007 ta 4 {focusing on optic! solutions
Slide 5: Next Phase for LightPath
I ightPath’ N f Li h Phase! Refocus 85% of production activities moved to Chinese operation Improved tooling processes and materials. Introduced low-cost glasses Developed new products and value added services aimed at multibillion dollar markets ext Phase for LightPath Arenewed focus on growth Targ
Slide 6: Strategy
ro rategy Continue to: Drive the cost and performance curve in the asphere business to become the dominant player in high volume, low cost applications .e andlor growing markets: defense, + Introduce new, value-added products to existing product lines to grow market share and move “up the food chain
Slide 7: Results of New Growth Initiatives
d ults of New Growth Initiatives New Products + [1 new catalog products launched in 2010 for applications in laser tools, biomedical infrared, optical assembles + 25+ new custom products in 2010 for targeted applications ies + Sales in China have doubled from the first to the second half of FY2010 +
Slide 8: Precision Molded Optics
Precision Molded Optics + Alleglass aspheric lenses, RoHS compliant + Diameters 200m to 25mm, NA up to 0.85 Molded MWIR/LWIR Aspheric Lenses & Assemblies + Wavelength range of glasses |- I4um + Single & multi element assembly with athermalized designs Valued Added Products i, + Mounted aspheres, OEM
Slide 9: LightPath Markets Overview
LightPath® Markets Overview Glass Aspheres Specialty Optics Infrared Imaging $1.28 $0.58 $1.08 2014 Total Market 2014 Total Market 2014 Total Market Drivers: Drivers: Laser tools “Telecomm growth + Security cameras + OEM laser modules + Medical imaging +: Defense applications + FTTH + Sensors + Ther
Slide 10: LightPath Targeted Markets
LightPath® Targeted Markets Glass Aspheres Specialty Optics Infrared Imaging co + Laser tools + Telecom isolators + Biomedical + Medical lasers + Telcomm lenses + High power lasers + Micro-projectors + Optical assemblies + Security cameras + Low cost thermal imaging + Gas sensing Targeting: $200M Ma
Slide 11: Management team
leva camer (Over 25 years of business and manuficturing experience in volume component manufictring in i clecronic ad optics industries Prior to jinng UghtPath Mr Gaynor was Director of Operations for ceo Pursdyn Fiter Technologes Prewous to that he war Vice preadem of Operione snd Genera "Manager f
Slide 12: Low cost, high volume manufacturer of optical components
Low cost, high volume manufacturer of optical components US public company with wholly-owned China manufacturing facility Low cost manufacturing platform + Access to Asian market Strategy - Low Cost Structure / Access New Markets + Thermal imaging, Industrial laser tools, consumer Growth strategy +