Company Further Strengthens IP Portfolio with
Patent Issuance to More Efficiently Pole Advanced Structural
Material Designs For Commercial Foundry Fabrication
ENGLEWOOD, Colo., June 22,
2023 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ:
LWLG), a technology platform company leveraging its proprietary
engineered electro-optic polymers to transmit data at higher speeds
with less power in a small form factor, today announced the
issuance of a U.S. patent for an advanced chemical structural
design and process that enhances the overall efficiency of poling
non-linear organic optical chromophores while simultaneously
improving thermal stability and electro-optic efficiency (r33).
The international patent – entitled "Nonlinear Optical Materials
Containing High Boiling Point Solvents, and Methods of Efficiently
Poling The Same," which is a World Intellectual Property Patent
(WIPO) - PCT Patent No. WO 2023/102066 – illustrates novel organic
chemical structural designs that offer increased poling efficiency,
as well as thermal stability for electro-optic materials. These
designs provide non-linear optical chromophores with significantly
improved material properties and stability for processing and
fabrication by commercial foundries. Specifically, the patent
teaches material processing and poling methods that directly leads
to significantly enhanced electro-optic efficiency (r33) as
compared to previous poling techniques.
Dr. Michael Lebby, Chairman and
Chief Executive Officer of Lightwave Logic, commented: "I am
excited to announce the issuance of this exciting new world PCT
patent that addresses poling, poling efficiency, and stability of
our commercial grade electro-optic materials for foundry based
modulator fabrication.
"Over the past few years, we have focused on more efficient and
scalable poling and poling processes, and this patent demonstrates
that we have not only improved the poling process, but we have
simultaneously improved material thermal stability. This is
indeed a strong step forward in the scaling and volume
commercialization of our polymer technology platform," concluded
Lebby.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform
leveraging its proprietary engineered electro-optic (EO) polymers
to transmit data at higher speeds with less power in a small form
factor. 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 10-Q; other risks
to which our Company is subject; other factors beyond the company's
control.
Investor Relations Contact:
Lucas A.
Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
View original content to download
multimedia:https://www.prnewswire.com/news-releases/lightwave-logic-announces-issuance-of-us-patent-for-innovative-process-to-more-efficiently-pole-electro-optic-polymers-301858009.html
SOURCE Lightwave Logic, Inc.
