Contact Information: Contacts: Ray Pini Director of Marketing LightPath Technologies, Inc. Phone: +1-407-382-4003 x336 Email: Internet: www.lightpath.com Investor Contact: Alliance Advisors, LLC Mark McPartland Vice President +1 (914) 669-0222 Email:
LightPath Technologies to Highlight Molded Infrared Aspheric Lenses at the Navy Opportunity Forum
LightPath Technologies Will Be Showcasing Its Molded Infrared Aspheric Lenses Performed Under a Navy SBIR at the Navy Opportunity Forum in Crystal City, VA From June 8th - 14th
| Source: LightPath Technologies
ORLANDO, FL--(Marketwire - June 1, 2009) - LightPath Technologies, Inc. (NASDAQ : LPTH )
will be presenting the latest developments in Molded Infrared Aspheric
optics at the Navy Opportunity Forum in Crystal City, VA from June 8th -
14th. LightPath Technologies, working under a Phase II SBIR from the U.S.
Navy and under the direction of the Air Force Research Lab, has been
expanding its molding capabilities for infrared (IR) lenses using
chalcogenide glass. LightPath Technologies is transitioning this
technology to provide infrared optics as part of thermal imaging,
thermography and gas sensing systems. These expanding markets have a
combined current estimated value of over $2.5 billion.
Jim Gaynor commented, "LightPath Technologies has been working with the US
Navy and US Air Force to develop new technologies for molding infrared
lenses. The SBIR contract has enabled LightPath to not only bring low
cost, molded infrared optics to the defense market, but to also bring to
market high volume infrared lenses for commercial OEM applications.
LightPath Technologies is expanding into such high growth market areas as
thermography, gas sensing and thermal imaging for commercial night vision
systems."
Information about the Navy Opportunity Forum can be found on the web at
www.navyopportunityforum.com.
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
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.
GRADIUM® is a registered trademark of LightPath Technologies