Lightwave Logic Prepares Pilot Run of Bleached Waveguide Modulators for Performance Testing

LONGMONT, Colo., Oct. 30, 2014 /PRNewswire via COMTEX/ Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of next-generation photonic devices and non-linear optical polymer materials for applications in high speed fiber-optic data communications and optical computing, today announced that it will subject its pilot run of bleached waveguide modulators to performance testing. The Company has estimated the market for its bleached waveguide modulators at $300 million in the telecom long haul and extended metro market alone, which includes several multinational companies Lightwave Logic is targeting as future customers or joint development partners. Lightwave Logic submitted an order with Reynard Corporation in San Clemente, California to produce gold-layered fused silica substrates for its bleached waveguide modulators that will be coated with several of the Company s organic electro-optical polymers. The substrates will be delivered in early November and
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