LIGHTWAVE LOGIC APPOINTS FORMER DUPONT EXECUTIVE THOMAS CONNELLY, JR. TO BOARD OF DIRECTORS
Lightwave Logic (NASDAQ: LWLG) has appointed Thomas M. Connelly, Jr., former DuPont executive and CEO of the American Chemical Society, to its Board of Directors. This strategic move, along with the recent addition of Yves LeMaitre, aims to expand the company's focus beyond datacenters and AI clusters connectivity to include high-growth markets such as materials, organics, quantum/optical computing, aerospace, defense, and storage.
Connelly brings extensive experience in chemicals and materials, having served as DuPont's Chief Innovation Officer and Chief Science and Technology Officer. His expertise in polymers and global business operations is expected to guide Lightwave Logic in forming strategic industrial partnerships and commercializing its electro-optic (EO) polymer technology platform.
Lightwave Logic (NASDAQ: LWLG) ha nominato Thomas M. Connelly, Jr., ex dirigente della DuPont e CEO della American Chemical Society, nel suo Consiglio di Amministrazione. Questa mossa strategica, insieme all'aggiunta recente di Yves LeMaitre, ha l'obiettivo di ampliare il focus dell'azienda oltre la connettività nei datacenter e nei cluster IA, includendo mercati ad alta crescita come materiali, organici, informatica quantistica/ottica, aerospazio, difesa e stoccaggio.
Connelly porta con sé una vasta esperienza nel settore chimico e dei materiali, avendo ricoperto il ruolo di Chief Innovation Officer e Chief Science and Technology Officer di DuPont. La sua esperienza in polimeri e operazioni commerciali globali si prevede guiderà Lightwave Logic nella formazione di partnership industriali strategiche e nella commercializzazione della sua piattaforma tecnologica di polimeri elettro-ottici (EO).
Lightwave Logic (NASDAQ: LWLG) ha nombrado a Thomas M. Connelly, Jr., ex ejecutivo de DuPont y CEO de la American Chemical Society, para su Junta Directiva. Este movimiento estratégico, junto con la reciente incorporación de Yves LeMaitre, tiene como objetivo expandir el enfoque de la empresa más allá de la conectividad de centros de datos y clústeres de IA, para incluir mercados de alto crecimiento como materiales, orgánicos, computación cuántica/óptica, aeroespacial, defensa y almacenamiento.
Connelly aporta una amplia experiencia en productos químicos y materiales, habiendo sido Chief Innovation Officer y Chief Science and Technology Officer de DuPont. Su pericia en polímeros y operaciones comerciales globales se espera que guíe a Lightwave Logic en la formación de asociaciones industriales estratégicas y en la comercialización de su plataforma de tecnología de polímeros electro-ópticos (EO).
라이트웨이브 로직 (NASDAQ: LWLG)은 토마스 M. 콘넬리 주니어를 이사회의 일원으로 임명했습니다. 그는 듀폰의 전 간부이자 미국 화학회 CEO였습니다. 이 전략적 움직임은 최근 이브 르메트르의 추가와 함께 데이터 센터 및 AI 클러스터 연결을 넘어 고성장 시장인 재료, 유기물, 양자/광 컴퓨팅, 항공우주, 방산 및 저장소를 포함하도록 회사의 초점을 확장하는 것을 목표로 하고 있습니다.
콘넬리는 듀폰에서 최고 혁신 책임자 및 최고 과학 기술 책임자를 역임하며 화학 및 재료 분야에서 폭넓은 경험을 쌓았습니다. 그의 고분자 및 글로벌 비즈니스 운영에 대한 전문 지식은 라이트웨이브 로직이 전략적인 산업 파트너십을 형성하고 전기 광학(EO) 폴리머 기술 플랫폼을 상용화하는 데 도움을 줄 것으로 예상됩니다.
Lightwave Logic (NASDAQ: LWLG) a nommé Thomas M. Connelly, Jr., ancien cadre de DuPont et PDG de l'American Chemical Society, à son conseil d'administration. Ce mouvement stratégique, ainsi que l'ajout récent de Yves LeMaitre, vise à élargir l'objectif de l'entreprise au-delà de la connectivité des centres de données et des clusters IA pour inclure les marchés à forte croissance tels que les matériaux, les organiques, l'informatique quantique/optique, l'aérospatiale, la défense et le stockage.
Connelly apporte une vaste expérience dans les domaines des produits chimiques et des matériaux, ayant occupé les postes de Chief Innovation Officer et de Chief Science and Technology Officer chez DuPont. Son expertise en polymères et dans les opérations commerciales mondiales devrait guider Lightwave Logic dans la formation de partenariats industriels stratégiques et la commercialisation de sa plateforme technologique en polymères électro-optiques (EO).
Lightwave Logic (NASDAQ: LWLG) hat Thomas M. Connelly, Jr., ehemaligen DuPont-Manager und CEO der American Chemical Society, in seinen Vorstand berufen. Dieser strategische Schritt, zusammen mit der kürzlichen Hinzufügung von Yves LeMaitre, zielt darauf ab, den Schwerpunkt des Unternehmens über die Konnektivität von Rechenzentren und KI-Clustern hinaus zu erweitern und hochwachsende Märkte wie Materialien, Organik, Quanten-/Optik-Computing, Luft- und Raumfahrt, Verteidigung und Speicherung einzubeziehen.
Connelly bringt umfangreiche Erfahrungen in Chemie und Materialien mit, nachdem er als Chief Innovation Officer und Chief Science and Technology Officer bei DuPont tätig war. Seine Expertise in Polymeren und globalen Geschäftsoperationen wird dazu beitragen, dass Lightwave Logic strategische Industriepartnerschaften bildet und ihre elektro-optische (EO) Polymertechnologie-Plattform kommerzialisiert.
- Appointment of Thomas Connelly, Jr., a highly experienced executive in chemicals and materials, to the Board of Directors
- Expansion of business focus to include additional high-growth markets beyond datacenters and AI clusters
- Potential for new strategic industrial partnerships and initiatives for commercializing EO polymer technology
- None.
Company Continues to Deepen its Optical Polymer Capabilities and Commercial Expertise to Open New Markets for its Advanced Materials
Board Additions of Chemicals and Materials Leader Tom Connelly and Optical Network and AI/Datacenter Optics Executive Yves LeMaitre in August Advances Company Goal of Establishing its Presence in Multiple Verticals
With the addition to the Board of these two industry experts from the company's target markets, Lightwave Logic believes it is well-positioned to expand its initial business focus from datacenters and AI clusters connectivity to include other high growth markets, such as materials, organics, quantum/optical computing, aerospace, defense, and storage.
Tom Connelly, Jr. has served as CEO of the American Chemical Society, one of the largest scientific societies with 170,000 members worldwide, and as Chief Innovation Officer of DuPont, where he was a member of its Office of the Chief Executive. Among his responsibilities in chemicals and materials over 35+ years at DuPont were its Performance Polymers and Packaging & Industrial Polymers businesses. He also served as its Chief Science and Technology Officer, with responsibility across business units in the
Dr. Connelly said, "I am delighted to join Lightwave Logic's board at such a transformational time for the Company and the silicon photonics ecosystem. I look forward to working with the management team and the other Board members to guide the Company as it ramps up efforts for strategic industrial partnerships and initiatives for its polymer technology platform to be a commercial success."
Dr. Michael Lebby, Chairman and Chief Executive Officer of Lightwave Logic, added: "We are honored that Tom Connelly has joined our board. His exceptional industry knowledge and deep experience in the polymers business will be an outstanding resource to the Lightwave Logic management team. He is uniquely qualified to help us as we expand our business focus for our EO polymer platform. Tom and Yves LeMaitre, who joined the board in August, each bring tremendous backgrounds to the Board's collective experience and skillsets, adding expertise in photonics and optical communications for selling innovative connectivity solutions to hyperscalers for front-end Ethernet and back-end AI/machine learning clusters."
Dr. Connelly holds degrees in chemical engineering (highest honors) and economics from
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) develops 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 www.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
949-259-4987
LWLG@mzgroup.us
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SOURCE Lightwave Logic, Inc.
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