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Lightwave Logic Receives 2024 Industry Innovation Award for Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications (ECOC)

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Lightwave Logic, Inc. (NASDAQ: LWLG) has received the 2024 Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications (ECOC) in Frankfurt, Germany. This marks the second consecutive year the company has won this award, highlighting its leadership in electro-optic (EO) polymer technology for high-speed, low-power data transmission.

The award, granted by a committee of industry peers, recognizes Lightwave Logic's achievements in advancing optical communications technology. Dr. Michael Lebby, CEO, emphasized the company's 200Gbps per lane performance, aligning with datacenter expectations. He also noted ongoing discussions with OEMs and tier-1 multinational corporations regarding device designs, materials supply, and licensing agreements for their EO polymer materials.

Lightwave Logic, Inc. (NASDAQ: LWLG) ha ricevuto il Premio Industria 2024 per la Piattaforma di Integrazione Ibrida PIC/Optica più Innovativa durante la Conferenza Europea sulle Comunicazioni Ottiche (ECOC) a Francoforte, Germania. Questo segna il secondo anno consecutivo in cui l'azienda ha vinto questo premio, sottolineando la sua leadership nella tecnologia dei polimeri elettroottici (EO) per la trasmissione dati ad alta velocità e a basso consumo energetico.

Il premio, assegnato da un comitato di colleghi del settore, riconosce i risultati di Lightwave Logic nel progresso della tecnologia delle comunicazioni ottiche. Il Dr. Michael Lebby, CEO, ha sottolineato le prestazioni di 200Gbps per lane, in linea con le aspettative dei datacenter. Ha anche notato che sono in corso discussioni con produttori di apparecchiature originali (OEM) e grandi multinazionali di primo livello riguardo a design di dispositivi, fornitura di materiali e accordi di licenza per i materiali polimerici EO.

Lightwave Logic, Inc. (NASDAQ: LWLG) ha recibido el Premio de la Industria 2024 a la Plataforma de Integración Híbrida PIC/Óptica más Innovadora en la Conferencia Europea de Comunicaciones Ópticas (ECOC) en Frankfurt, Alemania. Este es el segundo año consecutivo que la compañía recibe este premio, lo que resalta su liderazgo en la tecnología de polímeros electroópticos (EO) para la transmisión de datos de alta velocidad y bajo consumo de energía.

El premio, otorgado por un comité de colegas de la industria, reconoce los logros de Lightwave Logic en el avance de la tecnología de comunicaciones ópticas. El Dr. Michael Lebby, CEO, destacó el rendimiento de 200Gbps por lane, alineándose con las expectativas de los centros de datos. También mencionó que hay discusiones en curso con OEMs y corporaciones multinacionales de primer nivel sobre diseños de dispositivos, suministro de materiales y acuerdos de licencia para sus materiales poliméricos EO.

라이트웨이브 로직(Lightwave Logic, Inc.)(NASDAQ: LWLG)가 독일 프랑크푸르트에서 열린 유럽 광통신 컨퍼런스(ECOC)에서 2024년 산업 혁신 상을 수상했습니다. 이는 이 회사가 연속으로 두 번째 해에 해당 상을 수상한 것으로, 고속 저전력 데이터 전송을 위한 전기광학(EO) 폴리머 기술

업계 동료들로 구성된 위원회가 부여한 이 상은 라이트웨이브 로직의 광통신 기술 발전을 인정합니다. 마이클 레비(Michael Lebby) CEO는 데이터 센터의 기대에 부합하는 200Gbps per lane 성능을 강조했습니다. 그는 또한 OEM(주문자상표부착생산업체) 및 1차 다국적 기업과의 장치 설계, 자재 공급 및 EO 폴리머 자재 라이선스 계약에 대해 계속 논의 중이라고 언급했습니다.

Lightwave Logic, Inc. (NASDAQ: LWLG) a reçu le Prix Industrie 2024 pour la Plateforme d'Intégration Hybride PIC/Optique la Plus Innovante lors de la Conférence Européenne sur les Communications Optiques (ECOC) à Francfort, en Allemagne. Cela marque la deuxième année consécutive que l'entreprise remporte ce prix, soulignant son leadership dans la technologie des polymères électro-optiques (EO) pour la transmission de données à haute vitesse et à faible consommation d'énergie.

Le prix, attribué par un comité de pairs de l'industrie, reconnaît les réalisations de Lightwave Logic dans l'avancement de la technologie des communications optiques. Le Dr. Michael Lebby, PDG, a souligné les performances de 200Gbps par lane, en accord avec les attentes des centres de données. Il a également noté que des discussions sont en cours avec des OEM et des multinationales de premier plan concernant les conceptions de dispositifs, l'approvisionnement en matériaux et les accords de licence pour leurs matériaux polymères EO.

Lightwave Logic, Inc. (NASDAQ: LWLG) hat auf der Europäischen Konferenz für Optische Kommunikation (ECOC) in Frankfurt, Deutschland, den 2024 Industriepreis für die Innovativste Hybrid-PIC/Optische Integrationsplattform erhalten. Dies markiert das zweite aufeinanderfolgende Jahr, in dem das Unternehmen diesen Preis gewonnen hat, wodurch seine Führung in der elektro-optischen (EO) Polymertechnologie für Hochgeschwindigkeits- und energiesparende Datenübertragung hervorgehoben wird.

Der Preis, der von einem Fachausschuss vergeben wurde, erkennt die Erfolge von Lightwave Logic bei der Förderung der optischen Kommunikationstechnologie an. Dr. Michael Lebby, CEO, betonte die 200Gbps pro Lane Leistung, die mit den Erwartungen von Rechenzentren übereinstimmt. Er bemerkte auch, dass laufende Gespräche mit OEMs und multinationalen Unternehmen der Spitzenklasse bezüglich Gerätdesigns, Materialversorgung und Lizenzvereinbarungen für ihre EO-Polymermaterialien stattfinden.

Positive
  • Received 2024 Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform
  • Second consecutive year winning the award, indicating consistent innovation
  • Demonstrated 200Gbps per lane performance, meeting datacenter expectations
  • Ongoing discussions with OEMs and tier-1 multinational corporations for potential partnerships
Negative
  • None.

Award Granted by ECOC Exhibition Industry Awards Committee, Composed of Telecom and Datacom Industrial Corporations

Award Again Recognizes Lightwave Logic's EO Polymer Material and Technology as a Leading Innovation Amongst the Industry

ENGLEWOOD, Colo., Sept. 24, 2024 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, today announced that it has received the 2024 Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform from the European Conference on Optical Communications (ECOC), a premier industry exhibition held in Frankfurt, Germany from September 22-26, 2024.

The ECOC Exhibition Awards highlight exceptional achievements in advancing the business of optical communications, transport, networking, fiber-based products, photonic integration circuits and related developments. The awards, granted by a technical committee of industry peers and industrial corporations, indicate market recognition and cover 2 broad value-chain categories: Optical materials, components, packages, modules etc.; and Optical Systems, networks, standards, architecture etc.

"Lightwave Logic is honored to receive the Award for Most Innovative Hybrid PIC/Optical Integration Platform on behalf of Lightwave Logic for the second time,  granted by a committee of industry peers, reflecting true market recognition of our technology," said Dr. Michael Lebby, Chairman and Chief Executive Officer of Lightwave Logic. "Since winning the award in 2023, we have continued to demonstrate our leadership in the photonics industry with outstanding 200Gbps per lane  performance for our technologies that aligns well with datacenter expectations today. This award serves as a highlight amidst our ongoing engagement with a wide spectrum of companies discussing device designs to materials supply and licensing agreements for our EO polymer materials with OEMs and tier-1 multinational corporations. We are confident in the implicit competitive advantage of our solution to support datacenters around the world which are responding to the burgeoning demand for higher speed data transmission from artificial intelligence, machine learning, and other cloud-based services.

"ECOC is one of the leading global industry conferences on optical communications, adding to the recognition for this particular innovation award, which provides further market validation of our technology and provides industry peer confirmation of the inherent benefits of our platform," concluded Lebby.

An awards ceremony was held live at the ECOC Exhibition in the Product Focus theatre on Tuesday, September 24, 2024, from 11:45 a.m. Central European time, where Lightwave Logic was presented with the award.

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
Managing Director
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us 
www.mzgroup.us 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightwave-logic-receives-2024-industry-innovation-award-for-hybrid-picoptical-integration-platform-at-the-european-conference-on-optical-communications-ecoc-302256715.html

SOURCE Lightwave Logic, Inc.

FAQ

What award did Lightwave Logic (LWLG) receive at ECOC 2024?

Lightwave Logic (LWLG) received the 2024 Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications (ECOC) in Frankfurt, Germany.

What is the significance of Lightwave Logic (LWLG) winning the ECOC award for the second time?

Winning the award for the second consecutive year demonstrates Lightwave Logic's consistent innovation and leadership in the photonics industry, particularly in electro-optic (EO) polymer technology for high-speed, low-power data transmission.

What performance level has Lightwave Logic (LWLG) achieved with its technology?

Lightwave Logic has demonstrated 200Gbps per lane performance with its electro-optic polymer technologies, which aligns well with current datacenter expectations.

What potential business opportunities is Lightwave Logic (LWLG) currently exploring?

Lightwave Logic is engaged in discussions with OEMs and tier-1 multinational corporations regarding device designs, materials supply, and licensing agreements for their EO polymer materials.

Lightwave Logic, Inc.

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