ORLANDO, Fla., April 24, 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, today announces it
has added two new molded infrared aspheric imaging assemblies to
its catalog of infrared products. Both designs (part numbers
7100141 and 7100143) bring LightPath's quality and performance at
attractive price points to a variety of applications in long-wave
infrared (LWIR) thermal imaging including homeland security,
industrial inspection, predictive maintenance, security and
surveillance and driver's vision enhancement systems in
automobiles. Markets that have a combined current estimated value
at the systems level of over $2.5
billion.
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The 7100141 is f/1.2 with 16.74 mm focal length and the 7100143
is f/1.3 with 10.15 mm focal length. The 7100141 is
athermalized for maximum performance across the widest variety of
applications. These new lens assemblies integrate LightPath's Black
Diamond™ molded chalcogenide infrared aspheric lenses; lower cost
substitutes for diamond-turned Germanium and Zinc Selenide optics
which are prevalent on the market. The opto-mechanical design
combined with the unique material properties of chalcogenide glass
provide athermalization for temperature stability from -40 degrees
C to 85 degrees C without adding additional cost. These specific
designs are for use with 640x480 and 320x240 sensors, (17 micron
pitch) respectively.
"LightPath Technologies is continuing to broaden and diversify
its product line for infrared optics with the introduction of these
lenses. Applications of infrared and thermal imaging technology
have grown dramatically over the last ten years and are predicted
to maintain double digit growth for the foreseeable future," said
Jim Gaynor, CEO and President of
LightPath. "These two new thermal imaging products put us in
a better position to grow in this dynamic market space and bring
real value and performance to our customers."
LightPath Technologies Inc. will be exhibiting their new
infrared lens assemblies at the Defense, Security and Sensing
conference in Baltimore, Maryland
from April 23rd through 27th.
LightPath's Booth number is 2121.
About LightPath Technologies
LightPath manufactures optical products including precision
molded aspheric optics, GRADIUM® glass products, proprietary
collimator assemblies, laser components utilizing proprietary
automation technology, higher-level 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 Capital Market under the stock symbol LPTH.
For more information visit www.lightpath.com
Investor Contact:
Brian Soller, Vice
President, Corporate Development
LightPath Technologies, Inc. (407) 382-4003
Internet: www.lightpath.com
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.