$LWLG Moore's Law Redux: Polymer Photonics Lightwave

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$LWLG Moore's Law Redux: Polymer Photonics

Lightwave Logic to Bring the Moore's Law Concept to the Photonics Industry

LONGMONT, Colo., June 22, 2016 /PRNewswire/ -- 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 optical computing, announced today that its Polymer Photonics technology is bringing the Moore's Law concept to the photonics industry.

The term Polymer Photonics describes the melding (or integration) of highly miniaturized photonic circuitry on silicon with the power and scalability of organic polymer materials.

With advanced design techniques, this platform can include CMOS (complementary metal-oxide semiconductors) as well as other photonics components (such as waveguides, spot-size converters, filters, etc.).

The Company's existing library of Polymer Photonics components along with a new library of silicon photonics components will permit the Polymer Photonics platform to address much higher performance computational applications (such as datacom and telecom), but also with a very low-cost structure.

Because of the open chemical architecture of organic polymers, they can offer endless material variations that can improve performance to solve today's market demand for increased power, smaller footprint, and lower voltage at a decreased cost. But similar to the development of Integrated Circuits, Polymer Photonics can bring this dynamic into the world of big data. The lack of scalability inherent to inorganic-based technologies has hampered the ability of telecommunications and data communications industries to keep up with the ever-increasing demand driven by an explosion of new data-intensive applications.

Lightwave's current library of Polymer Photonic components includes slot waveguide modulators, ridge waveguide modulators, passive waveguides, and waveguide splitters. The component library will be expanded to include multiplexers, demultiplexers, and spot-size converters, necessary in telecom and datacom devices. Combining these advanced polymer components with increasing density of circuits on silicon will create a compelling portfolio of PIC (Photonics Integrated Circuit) products.

Moore's Law focuses on the doubling of integration density of transistors on a silicon integrated platform every 24 months. This constant has held steady for the past 40 years to a point where today, a single IC (Integrated Circuit) contains over 2B or 2 x 109 transistors. Conversely, in the photonics world, the level of maturity is still only in the 100s of photonic devices integrated onto a single chip. Even with hero research experiments demonstrating several thousand circuits, the level of integration is in its infancy and lags far behind the silicon IC world.

The combination of Polymer Photonics with a silicon platform, such as a slot waveguide modulator coated with a thin coat polymer as the active component, will enable photonics to grow in integration density faster than before, and beyond 1000 photonics devices on a single chip. Polymer Photonics components are naturally low cost and high performance and allow for high integration scaling design-rules, especially on silicon. Polymer Photonics can not only address 100 Gbps and beyond computational speeds, but achieve this at low cost, and in a miniaturized format that allows integration levels to start following Moore's Law from a photonics perspective. This allows for scalability to achieve not only 100 devices, or 1000 devices, but over 10,000 and 100,000 devices on a polymer/silicon platform.

Tom Zelibor, Chairman, and CEO of Lightwave Logic commented, "A Moore's Law Redux is an exciting development for a photonics industry struggling to achieve challenging scaling metrics dictated by large data centers, telecommunications system operators, and networking companies.

"We continue to make steady progress in the development of our Polymer Photonics technology platform and are on track to achieve our stated goal to have our first demonstration device completed by the end of this year."

For more information about Lightwave Logic, please visit the Company's website at following URL: http://www.lightwavelogic.com

Powered by Lightwave Logic

Lightwave Logic, Inc. is a development stage Company that produces prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. For more information, about the Company please visit the corporate website at: http://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.

For Further Information Contact:

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

Logo - http://photos.prnewswire.com/prnh/20130508/CL10037LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/moores-law-redux--polymer-photonics-300288704.html

SOURCE Lightwave Logic, Inc.


Copyright © 2016 PR Newswire. All Rights Reserved


The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

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