Lightwave Logic Provides Fourth Quarter and Full Year 2019 Corporate Update

ENGLEWOOD, Colo., March 17, 2020 /PRNewswire/ — Lightwave Logic, Inc. (OTCQB: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today provided a corporate update in conjunction with the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2019.

Company Highlights:

The full text of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 filed with the SEC on March 16, 2019 can be found here.

Management Commentary

“2019 was highlighted by our continued development of our proprietary electro-optic polymers as we work with leading integrated circuit vendors and incorporate their feedback into our technology,” said Michael Lebby, CEO of Lightwave Logic. “We continued to push our modulators to extreme speeds while maintaining data quality and our low-voltage characteristics. This unique ability is paramount to our competitive advantage and already exceeds what many thought was possible with currently available commercial technology solutions that include both silicon and compound semiconductor technologies.”

“As we navigate through 2020, our primary focus surrounds refinement of the performance characteristics of our technology platform, primarily as it relates to better signal quality and lower voltages. We believe that these final steps on our next-generation modulators will position us favorably for testing, and ultimately, market acceptance. Together, we expect to deliver an enabling solution for a problem that the data communications and telecommunications markets are rapidly working to solve. We look forward to executing on the immense opportunity facing Lightwave Logic and creating long-term value for shareholders,” concluded Lebby.

About Lightwave Logic, Inc.
Lightwave Logic, Inc. (OTCQB: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. 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

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; other risks to which our Company is subject; other factors beyond the Company’s control.

Investor Relations Contact:
Greg Falesnik or Luke Zimmerman
MZ Group – MZ North America

SOURCE Lightwave Logic, Inc.