ORLANDO, Fla., Sept. 25, 2012 /PRNewswire/ -- LightPath
Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company" or
"we"), a global manufacturer, distributor and integrator of
patented optical components and high-level assemblies, announced
that management will participate in the 2012 SPIE Security and
Defense Conference, being held in Edinburgh, UK the week of September
24th, 2012.
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LightPath Technologies' paper entitled "An Investigation of
Material Properties for a Selection of Chalcogenide Glasses for
Precision Glass Molding," which will be presented at the SPIE
Security and Defense Conference in Edinburgh, Scotland, is a detailed analysis of
the material properties of chalcogenide materials and documents the
feasibility of these materials in high volume applications from
material procurement, manufacturing, performance, and cost
perspectives.
LightPath's Vice President of Corporate Engineering,
Alan Symmons stated, "The importance
of these papers and the underlying work cannot be overstated.
LightPath Technologies continues to push the forefront in precision
glass molding of Chalcogenide glasses and a paper like this only
increases the general acceptance of the material, as it displaces
Germanium throughout the industry. LightPath is committed to being
a world leader in the production of precision glass molded
Chalcogenide lenses and in the research and development of these
glasses."
Mr. Symmons continued, "We have significantly increased our
R&D activities over the last year at LightPath Technologies,
and our research, contained in this paper and our other recent
publications indicates that there is indeed good science that
supports our strategy to penetrate the infrared imaging markets
with Chalcogenide."
LightPath Technologies is a global leader in the manufacture and
distribution of molded glass optics for a variety of applications
including telecommunications, defense, medical and industrial-laser
optics. LightPath has applied the knowledge and experience
developed over the last twenty five years in the visible optics
market to develop a low-cost manufacturing technique for the
production of infrared optics. Applications of infrared and
thermal imaging technology have grown dramatically over the last
ten years into various markets including industrial inspection,
automotive safety, chemical and biological sensing and security and
surveillance – markets that are expected to generate over
$20 billion in system-wide sales in
2014.
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.