ENGLEWOOD, CO, (GLOBE NEWSWIRE) — Lightwave Logic, Inc. (OTCQB: LWLG), today reports that the inaugural members of its newly formed Advisory Board are three world-class leaders in the photonics industry: Dr. Craig Ciesla, Dr. Christoph S. Harder, and Mr. Andreas Umbach. The Board held its first meeting with the Company’s management on March 5 in San Diego, co-locating the meeting with the major Optical Fiber Communications conference and trade show. This body will work closely with company leadership to enhance the company’s product positioning and promotion of its polymer modulator made on its proprietary Faster by Design™ polymer P2IC™ platform. The advanced energy-saving plastics technology promises to minimize costs, natural resources and energy consumed by datacenters and data communications network supporting the insatiable demand for Internet, 5G and IoT (Internet of Things) webscale services.
The company is currently targeting 10 km and longer fiber optic links connecting datacenters with ultra-high-speed optical modulator products. This segment of the fiber optic market is currently growing faster than other segments and driven by the new need for edge computing for low latency IoT and 5G services. The mission of the Advisory Board will initially be to increase the company’s outreach into the datacenter interconnect market and later to support expansion into other billion-dollar markets.
The company’s competitive advantage is a proprietary electro-optic material family (Perkinamine™) coupled with in-house device fabrication of polymer-on-silicon devices, high-speed electro-optic package design and application experience. The company believes that it is this rare combination of multiple competencies that will enable it to convert technology potential to market success.
Similarly, the Advisory Board members have each been chosen for their combination of deep technical expertise, breadth of experience and industry relationships in the fields of fiber optics communications, polymer and semiconductor materials. Each of the Advisory Board members has experience at both innovators like Lightwave Logic and large industry leaders of the type most likely to adopt game-changing polymer-based products. In addition, they possess operational experience with semiconductor and polymer businesses.
Lightwave Logic, Inc. is a development stage company moving toward commercialization of next generation photonic devices using its high-activity and high-stability organic polymers for applications in data communications and telecommunications markets. Photonic electro-optical devices convert data from electric signals into optical signals. For more information about the Company please visit the corporate website at: www.lightwavelogic.com
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