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LightWave Logic Achieves Major Technical Advance On Road To Commercialization

LightWave Logic, Inc. (OTC: LWLG) is a great stock to put on your radar and watch as initiates coverage of the company.

The company issued a press release Tuesday after the markets closed, announcing that it achieved a major technical breakthrough with respect to the commercialization of its technology. The breakthrough is the creation of a chemical spacer system that allows the company’s advanced chromophore to be embedded in polymer materials for subsequent fabrication into electro-optical components.

Great news for LWLG investors! The company’s spacer is a collection of nano-structured organic chemicals that creates a “nano-bubble” around the chromophore. The nano-bubbles form orderly structures when introduced into a host polymer.

The company believes that this patent pending system is instrumental to creating integrated polymer waveguide systems that are necessary to reach the next tier of fiber optic deployment, namely, fiber to the home and fiber to the premises. The company also believes that the nano-bubble technological approach is significantly more advanced than any other approach being explored within the civilian and military communities.

LightWave Logic, Inc. Management Expects That Their Revolutionary Proprietary EO Polymer Could Define The 21st Century In Much The Same Way Silicon Defined The 20th Century

LightWave Logic Inc. Company Profile

LightWave Logic (formerly Third-Order Nanotechnologies) is emerging from a development stage research and development company with commercial introduction of its high-activity, high-stability organic polymers for applications in electro-optic and all- optical device markets. Electro-optic devices convert data from electric signals into optical signals for use in high speed communications systems and in optical interconnects for high-speed data transfer. All-optic devices, while still some time from commercial application, control the flow of light with optical (not electric) signals.

HISTORY

Inspired by Dr. Frederick Goetz and his scientific discoveries from over more than a quarter of a century of development, Third-Order Nanotechnologies was officially established in Upland, PA in 1991 and incorporated in 1994. It began with a small grant from the Ben Franklin Institute in Philadelphia, PA, and a firm belief that the Company's end product - electro-optic (EO) polymers - could revolutionize the telecommunications industry.

As a developmental stage company,LightWave Logic, Inc. (formerly Third-Order Nanotechnologies) began working with the Department of Defense in 1998, and was invited to move its operations to laboratory space provided by the U.S. Army on the Aberdeen Proving Grounds. The Company’s important advancements in the field of telecommunications were clearly recognized as it entered into contracts and/or advisory relationships with the National Reconnaissance Office (NRO), the Defense Advanced Research Project Agency (DARPA), the Air Force Research Laboratory (AFRL), the Naval Air Warfare Center (NAVAIR), the Army Missile Command (MICOM) and the Army Research Laboratory (ARL).

LightWave Logic, Inc. Corporate Strategy

As indicated in the chart above, LightWave Logic is on the verge of initial commercialization which will include circuit board applications and chip-to-chip interconnects. LightWave Logic's primary advantage in this market is that its proprietary material is the only material that can operate at over 327°C without degrading.

Following this initial stage, the Company will then focus on the 40Gb – 100Gb modulator market. A modulator is an ultra-fast shutter that goes on and off billions of times per second to either allow or block light from a laser into the fiber, creating a digital signal.3 LightWave Logic has price, size, and power advantages over contemporary competitive technologies. Specifically, lithium niobate technologies are at least ten times more expensive to produce, several orders of magnitude larger in size, and have much higher power requirements (drive voltages).

This digital signal is coded either as having light (1) or having the absence of light (0) in a binary format which is then converted to an electronic signal. At 40Gb as compared to today’s 10Gb modulators, both complexity and expense become significantly higher.

LightWave Logic

According to a Triple Play Communications market survey, the 40Gb optical modulator market may grow to $440 by 2011. Industry experts speculate that the 100Gb data modulator market may exceed $500 million in revenues by 2011. In the future, LightWave Logic will get involved with transceivers/transponders and optical switches. According to a Triple Play Communications’ market survey, the OC-768 (40Gb) transponder sales are projected to grow from $16 in 2006 to $80 in 2009. As a conservative approach, we have based our preliminary financial forecast exclusively on the Company’s projected share of the 40Gb optical modulator market, and have excluded all estimates related to both 100Gb modulators, transponders, and all other potential applications.

Aggressive Investors Should Be On High Alert!

Safe Harbor. The Materials at the Site may contain various forward-looking statements and which may be based on or include assumptions, concerning the Featured Company's operations, future results and prospects.
These forward-looking statements are based on current expectations and are subject to risk and uncertainties. In connection with the "safe harbor" provisions of the United States' Private Securities Litigation Reform Act of 1995, The Wall St. Whisper provides the following cautionary statement identifying important economic, political and technology factors which, among others, could cause the actual results or events to differ materially from those set forth or implied by the forward-looking statements and related assumptions.
Such factors include the following:
(1) changes in the current and future business environment, including interest rates and capital and consumer spending;
(2) competitive factors and competitor responses to LightWave Logic's initiatives;
(3) successful development and market introductions of anticipated products;
(4) changes in government laws and regulations, including taxes;
(5) unstable governments and business conditions in emerging economies;
(6) continuation of the favorable environment to make acquisitions, domestic and foreign, including regulatory requirements and market values of candidates

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This could be an exciting time to participate in the growth of LightWave Logic. The company is still at a stage where investors can still get in on a potential opportunity early and if successful, it could be a windfall

Name Change Effective March 10, 2008

WILMINGTON, Del. -- Third Order Nanotechnologies, Inc.
(OTCBB: TDON, www.third-order.com), announced today that effective March 10, 2008 the company's name will be changed to Lightwave Logic, Inc. and the company's new trading symbol will be OTCBB: LWLG

"Even though our core intellectual property is a breakthrough in the field of nanotechnology, we anticipate that our will be selling logic circuits that manipulate lightwaves," said Hal Bennett, CEO of the company. "And we believe that the name Lightwave Logic, Inc. better expresses that we are a chip company working with the technical properties of light in unprecedented ways."

LightWave Logic, Inc. is a portfolio company of Universal Capital Management, Inc. (OTCBB: UCMT). Please visit the Company's website, www.third-order.com, for more information.