Mar 15 2010
Lightwave Logic, Inc. (OTC Bulletin Board: LWLG) a technology company focused on the development of the 'Next Generation Electro-Optic Polymer Material Platform' for applications in high speed fiber-optic data communications and optical computing, announced the successful electrical and optical performance testing of its prototype phase modulator, which concludes the Scientific evaluation stage of its testing.
"These successful test results now enable us to exit the scientific evaluation mode and move forward with the Application Engineering of our technology in customer design environments," stated Jim Marcelli, CEO. "We will now begin working directly with interested large system suppliers to attempt to engineer specific individual product materials and device designs for sale to or by these suppliers -- which substantially moves us towards the revenue stage of our development."
"We selected the phase modulator structure for initial fabrication because it is the telecommunications industry's preferred deployment of high speed modulator technology," said Dave Eaton, CTO of Lightwave Logic, "and once we overcome any engineering issues that may arise, we expect to see the successful use of our technology within the telecommunications industry."
Source: http://www.lightwavelogic.com