ORLANDO, Fla., March 26, 2012 /PRNewswire/ -- LightPath
Technologies, Inc. (Nasdaq: LPTH), manufacturer and integrator of
precision molded glass aspheric optics, Black Diamond™
infrared aspheres, GRADIUM® glass products and high performance
fiber-optic beam delivery systems, is pleased to announce that it
has been presented with the Cubic Defense Systems Supplier Award
for 2011 and has been given a rating of 'Superior' – the highest
rating that Cubic awards its suppliers. The Cubic Defense Systems
award recognizes companies that have performed particularly well in
manufacturing and supplying products or services over the past year
– especially in terms of quality, pricing, reliability, technology,
and continuous improvement. The Cubic Defense Systems Supplier
Award goes to outstanding suppliers who play a key role in Cubic's
success and work with Cubic on the ongoing further development and
improvement of products and manufacturing processes. This is the
second consecutive year that LightPath has earned this quality
award from Cubic Defense.
(Logo: http://photos.prnewswire.com/prnh/20120202/FL45310LOGO
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"Our team has worked hard to achieve and maintain our product
and service quality and is proud to be the recipient of this award
and to support our customers and in particular Cubic Defense,"
commented Debra Woodford, LightPath
Quality Manager.
"This is the second consecutive year we've received the Supplier
Award from Cubic. I believe it's a testament to our product
quality and service to our customers. Working so closely with a
partner like Cubic Defense has helped us optimize our efficiency
and quality to become a true leader in high-performance optics for
defense applications. We continuously work to improve our
performance and it is an honor to receive this high level of
recognition from our customer," stated Jim
Gaynor, LightPath's CEO.
LightPath manufactures optical products including precision
molded glass aspheric optics, GRADIUM® glass products, proprietary
collimator assemblies, laser components utilizing proprietary
automation technology, optical assemblies and packing solutions.
LightPath has a strong patent portfolio that has been granted or
licensed to us in these fields. LightPath common stock trades on
the Nasdaq SmallCap Market under the symbol "LPTH."
Contacts:
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Brian
Soller, Vice President, Business Development
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LightPath
Technologies, Inc. (407) 382-4003
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Internet: www.lightpath.com
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This news release includes statements that constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
This information may involve risks and uncertainties that could
cause actual results to differ materially from such forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, factors detailed by
LightPath Technologies, Inc. in its public filings with the
Securities and Exchange Commission. Except as required under the
federal securities laws and the rules and regulations of the
Securities and Exchange Commission, we do not have any intention or
obligation to update publicly any forward-looking statements
whether as a result of new information, future events or
otherwise.
SOURCE LightPath Technologies, Inc.