Lightwave Logic reveals preliminary material test results
MAY 20, 2009 -- The company believes that if preliminary evaluations are supported by independent testing, it will have created the first electro-optic polymer material platform to support a broad range of applications.
MAY 20, 2009 -- Lightwave Logic Inc. (search Lightwave for Lightwave Logic), which develops electro-optic polymer materials for applications in high-speed fiber-optic telecommunications and optical computing, has announced an update on its preliminary performance evaluation of its Perkinamine class materials. The company is in the process of internal and independent testing for material performance and characterization for specific application programs.
The company's most recent preliminary performance evaluations, which include among other tests, the r33 Teng-Man testing protocol, support its previous test results and "appear promising," the developer says. Lightwave Logic recently strengthened its internal testing protocols to create a more comprehensive testing program. In addition it is working with three separate universities in connection with both material characterization and performance of the Perkinamine class materials for specific applications. According to a company statement, Lightwave Logic believes that if its preliminary evaluations are further confirmed in independent testing, the company "will have created the first electro-optic polymer material platform to exhibit the ability to support a broad range of applications."
In conjunction with its testing, the company is simultaneously working to develop strategic partnerships and material development contracts to meet unique customer application needs. Lightwave Logic says it has developed, and is continuing to develop, electro-optic polymers within its patent-pending molecular architectures which may be applicable to the military, aerospace, fiber-optic telecommunications, and optical computing markets.
Jim Marcelli, chief executive officer of Lightwave Logic, notes that "independent market research reports project that the organic electro-optical materials market will cross $10.5 billion by 2011, and that the market segment for telecommunication nonlinear electro-optic materials alone is projected to reach $1 billion by 2015."
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