$LWLG Lightwave Logic Announces Receipt of Innovat
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Posted On: 11/21/2020 4:57:58 AM
$LWLG Lightwave Logic Announces Receipt of Innovative Direct Drive Fiber Communications Patent
Breakthrough Invention Enables Modulators to Operate Efficiently without the Need for Costly Driver Integrated Circuits (ICs) in Optical Networks; Directly Addressing Feedback Received from Potential Customers
ENGLEWOOD, Colo., November 20, 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 announced that it has received a new patent on a breakthrough invention that eases the use and lowers the adoption cost of its electro-optic polymer modulators, addressing feedback received from potential customers evaluating the company’s technology, for the datacenter and telecommunications fiber optics markets.
U.S. Patent number 10,591,755, details an important invention that allows users of electro-optic polymer modulators to not only operate the devices with high speed and low power directly from CMOS IC chips, but gives them the opportunity to avoid the expense, physical footprint and power consumption of high-speed modulator driver ICs.
After receiving feedback from potential customers on electro-optic polymer modulator performance, one of the overwhelming comments was in the area of power consumption, and the chance to operate modulators directly from CMOS circuits. The impact for CMOS direct driving in fiber optic communications will allow for the company’s leading-edge electro-optic modulators to operate more seamlessly in optical networks.
“This exciting new patent not only provides a solution to more easily implement high-speed and low-power solutions for potential customers, but also allows for reduced operational expense in the optical network, which is critical in today’s fiber optic communications environment where data traffic is ever increasing. This feature means that it is not just the optical component that our technology impacts, it is the reach of the optical component throughout the entire network to reduce network operating expenses as a whole,” said Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic. “Furthermore, this U.S. patent for Lightwave Logic strengthens our freedom of manufacturing, and directly enables our modulators to become more competitive than ever in the marketplace.”
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
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
Breakthrough Invention Enables Modulators to Operate Efficiently without the Need for Costly Driver Integrated Circuits (ICs) in Optical Networks; Directly Addressing Feedback Received from Potential Customers
ENGLEWOOD, Colo., November 20, 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 announced that it has received a new patent on a breakthrough invention that eases the use and lowers the adoption cost of its electro-optic polymer modulators, addressing feedback received from potential customers evaluating the company’s technology, for the datacenter and telecommunications fiber optics markets.
U.S. Patent number 10,591,755, details an important invention that allows users of electro-optic polymer modulators to not only operate the devices with high speed and low power directly from CMOS IC chips, but gives them the opportunity to avoid the expense, physical footprint and power consumption of high-speed modulator driver ICs.
After receiving feedback from potential customers on electro-optic polymer modulator performance, one of the overwhelming comments was in the area of power consumption, and the chance to operate modulators directly from CMOS circuits. The impact for CMOS direct driving in fiber optic communications will allow for the company’s leading-edge electro-optic modulators to operate more seamlessly in optical networks.
“This exciting new patent not only provides a solution to more easily implement high-speed and low-power solutions for potential customers, but also allows for reduced operational expense in the optical network, which is critical in today’s fiber optic communications environment where data traffic is ever increasing. This feature means that it is not just the optical component that our technology impacts, it is the reach of the optical component throughout the entire network to reduce network operating expenses as a whole,” said Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic. “Furthermore, this U.S. patent for Lightwave Logic strengthens our freedom of manufacturing, and directly enables our modulators to become more competitive than ever in the marketplace.”
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
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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