Wednesday, September 6, 2017

LightPath Technologies - Presents at the Upcoming EPIC Photonics Tech Talk




 LightPath Presents at the Upcoming
 EPIC Photonics Tech Talk
 China International Optoelectronic Exposition (CIOE)
 Shenzhen, China


IMAGING & SENSING SESSION
Friday, September 8th, 2017

Laser collimation technology for LIDAR and IR optics for automobile safety” Devin S. Standard, Vice President of Corporate Development, LightPath Technologies (USA)

Laser Collimation Technology for LiDAR
应用于激光雷达的激光准直技术

Infrared Optics for Automobile Safety
应用于汽车安全红外光学


Free to attend for all visitors of China International Optoelectronic Exposition (CIOE)
No pre-registration required, you just need your exhibition badge. 

European Photonics Industry Consortium
    
2603 Challenger Tech Court Suite 100
Orlando, FL 32826


Tuesday, September 5, 2017

LPTH Press Release: LightPath Technologies to Participate in Dougherty & Co. Conference Sept 19th



CORRECTION:

LightPath Technologies to Participate in
Dougherty & Co. Institutional Investor Conference on
September 19, 2017 in Minneapolis

ORLANDO, FL – September 5, 2017 – LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company,” or “we”), a leading vertically integrated global manufacturerdistributor and integratorof proprietary optical and infrared components and high-level assemblies, today announced its participation in the Dougherty & Co. Institutional Investor Conference being held at the Millennium Hotel in downtown Minneapolis on September 19, 2017.

The Dougherty event is a 1:1 conference where management will be available to meet with investors throughout the day.  To schedule a meeting with management, please contact the Company’s investor relations representative Jordan Darrow at 512-551-9296 or jdarrow@darrowir.com.  The presentation materials utilized during the conference will be available on the investor relations section of LightPath’s website at www.lightpath.com.

About LightPath Technologies

LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, defense, telecommunications, testing and measurement, and medical industries. LightPath designs, manufactures, and distributes proprietary optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index GRADIUM® lenses. LightPath also offers custom optical assemblies, including full engineering design support. The Company is headquartered in Orlando, Florida, with manufacturing and sales offices in New York, Latvia and China.

LightPath’s wholly-owned subsidiary ISP Optics Corporation manufactures a full range of infrared products from high performance MWIR and LWIR lenses and lens assemblies. ISP’s infrared lens assembly product line includes athermal lens systems used in cooled and un-cooled thermal imaging cameras. Manufacturing is performed in-house to provide precision optical components including spherical, aspherical and diffractive coated infrared lenses. ISP’s optics processes allow it to manufacture its products from all important types of infrared materials and crystals. Manufacturing processes include CNC grinding and CNC polishing, diamond turning, continuous and conventional polishing, optical contacting and advanced coating technologies.

For more information on LightPath and its businesses, please visit www.lightpath.com.

Forward-Looking Statements

This press release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements may be identified by the use of words such as “forecast,” “guidance,” “plan,” “estimate,” “will,” “would,” “project,” “maintain,” “intend,” “expect,” “anticipate,” “prospect,” “strategy,” “future,” “likely,” “may,” “should,” “believe,” “continue,” “opportunity,” “potential,” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters.  These forward-looking statements are based on information available at the time the statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the 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.  Should one or more of these risks, uncertainties, or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein.  Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made.  Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved.  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.

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Monday, August 14, 2017

LPTH Press Release: LightPath Technologies Announces Preliminary Results for Fiscal 2017 Fourth Quarter


For Immediate Release:

LightPath Technologies Announces Preliminary Results for Fiscal 2017 Fourth Quarter


ORLANDO, FL – August 10, 2017 – LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company,” or “we”), a leading vertically integrated global manufacturerdistributor and integrator of proprietary optical and infrared components and high-level assemblies, today announced preliminary financial results for the fourth quarter ended June 30, 2017 and the scheduling of a conference call and simultaneous webcast on September 14, 2017 to discuss the Company’s financial and operational results for the fourth quarter and year ended June 30, 2017.

Preliminary Financial Results for the Fourth Quarter of Fiscal 2017

Subject to completion of the audit of the Company’s financial results for the quarter and year ended June 30, 2017, we expect to report:

  • Total revenues between $8.5 million and $9.0 million for the fourth quarter of fiscal 2017, as compared to $4.7 million for the fourth quarter of fiscal 2016, which would represent an increase of between 81% and 91%. 
  • 12-month backlog between $9.1 million and $9.5 million at June 30, 2017, as compared to $6.6 million at June 30, 2016, which would represent an increase of between 38% and 44%.
  • Cash and cash equivalents of approximately $8.1 million as of June 30, 2017, as compared to $2.9 million from June 30, 2016, which would represent an increase of approximately 178%.

Jim Gaynor, President and Chief Executive Officer of LightPath, commented, “Based on these preliminary results, we expect to deliver strong performance for the fourth quarter of fiscal 2017 as we continue to execute our business plan. We are extremely pleased with the successful integration and performance to date of the business of ISP Optics Corporation, our new wholly-owned subsidiary.  Equally important is our revenue and cash flow performance as we benefit from the operating leverage created by the increased scale of the Company.  As a result of our operating efficiencies and sales growth, our financial condition was significantly bolstered with expected cash at the end of the fiscal year to be approximately $8.1 million.  We are also pleased by expected improvements in our earnings and adjusted EBITDA margins and are committed to maintaining these improvements in future periods.  This anticipated performance provides us with the flexibility to make the necessary investments that support continued and incremental growth of the Company.”

The Company will issue the final financial results for the fourth quarter and year ended June 30, 2017 on September 14, 2017 after the close of the stock market.  Following the issuance of the financial results press release, a conference call and simultaneous webcast will be held.

Investor Conference Call and Webcast Details

LightPath will host an audio conference call and webcast on Thursday, September 14 at 4:30 p.m. ET to discuss its financial and operational performance for the fourth quarter and year ended June 30, 2017.

Date: Thursday, September 14, 2017
Time: 4:30 PM (ET)
Dial-in Number: 1-877-317-2514
International Dial-in Number: 1-412-317-2514

Participants should dial-in or log-on approximately 10 minutes prior to the start of the event. A replay of the call will be available approximately one hour after completion through October 14, 2017. To listen to the replay, dial 1-877-344-7529 (domestic) or 1-412-317-0088(international), and enter conference ID # 10111266.

About LightPath Technologies

LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, defense, telecommunications, testing and measurement, and medical industries. LightPath designs, manufactures, and distributes proprietary optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index GRADIUM® lenses. LightPath also offers custom optical assemblies, including full engineering design support. The Company is headquartered in Orlando, Florida, with manufacturing and sales offices in New York, Latvia and China.
LightPath’s wholly-owned subsidiary ISP Optics Corporation manufactures a full range of infrared products from high performance MWIR and LWIR lenses and lens assemblies. ISP’s infrared lens assembly product line includes athermal lens systems used in cooled and un-cooled thermal imaging cameras. Manufacturing is performed in-house to provide precision optical components including spherical, aspherical and diffractive coated infrared lenses. ISP’s optics processes allow it to manufacture its products from all important types of infrared materials and crystals. Manufacturing processes include CNC grinding and CNC polishing, diamond turning, continuous and conventional polishing, optical contacting and advanced coating technologies.
For more information on LightPath and its businesses, please visit www.lightpath.com.

Information Regarding Preliminary Results

The preliminary estimated financial information contained in this press release reflects management’s estimates based solely upon information available to it as of the date of this press release and is not a comprehensive statement of our financial results for the fourth quarter ended June 30, 2017.  We have provided ranges for the preliminary estimated financial results described above primarily because our financial closing procedures for the fourth quarter and year ended June 30, 2017 are not yet complete.  The information presented above should not be considered a substitute for full audited financial statements for the fourth quarter and year ended June 30, 2017, once they become available and should not be regarded as a representation by us or our management as to the actual financial results for the four quarter ended June 30, 2017.  The ranges for the preliminary estimated financial results described above constitute forward-looking statements.  The preliminary estimated financial information presented above is subject to change, and our actual financial results may differ from such preliminary estimates and such differences could be material.  Accordingly, you should not place undue reliance upon these preliminary estimates.

Forward-Looking Statements

This press release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements may be identified by the use of words such as “forecast,” “guidance,” “plan,” “estimate,” “will,” “would,” “project,” “maintain,” “intend,” “expect,” “anticipate,” “prospect,” “strategy,” “future,” “likely,” “may,” “should,” “believe,” “continue,” “opportunity,” “potential,” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters.  These forward-looking statements are based on information available at the time the statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the 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.  Should one or more of these risks, uncertainties, or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein.  Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made.  Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved.  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.

Tuesday, June 27, 2017

JENOPTIK Optical Systems LLC Announces the Appointment of Ronald Moore as Vice President, Sales and Marketing


Industry expert Ronald Moore joins Jenoptik Optical Systems’ North American management team as the new Vice President of Sales & Marketing.

 

27 June 2017, Jupiter, FL USA — Jenoptik Optical Systems, a premier provider of optical systems in North America, announces the appointment of Ronald Moore as Vice President, Sales and Marketing effective immediately.

In Mr. Moore’s new role, he will be responsible for developing and executing sales strategies to sustain Jenoptik Optical Systems’ continuing growth, while also managing all aspects of the business unit’s North America marketing and communications.

“Ron’s proven leadership abilities and enviable track record of successfully implementing large scale sales and marketing initiatives will help Jenoptik meet the evolving demands of the global marketplace,” said Jay Kumler, President of Jenoptik Optical Systems, LLC.

Ron added that “The US sales and marketing team at Jenoptik Optical Systems has done an outstanding job driving the growth and maturity of the business. Ray Malcom has done a great job in the past 10 years leading the sales organization, and will remain with Jenoptik in a new role focusing specifically on semiconductor equipment business development.”

Ronald Moore has over 25 years of experience in the photonics industry, previously serving as Director of Global OEM Accounts at MKS/Newport, North American Sales Director at New Focus and Global Director of Sales and Marketing for GSI Lumonics.

 


About Jenoptik

 

As an integrated photonics group, Jenoptik divides its activities in three segments: Optics & Life Science, Mobility and Defense & Civil Systems. Its customers around the world mainly include companies in the semiconductor equipment manufacturing industry, automotive and automotive supplier industry, medical technology, security and defense technology as well as the aviation industry.

In regards Optical Systems, Jenoptik is one of the few development and production partners worldwide for optical and micro optical systems and precision components designed to meet the highest quality standards. Jenoptik offers solutions for optical glass, fused silica and crystals, infrared materials as well as plastic that can be coated in wavelengths from far infrared to DUV. Jenoptik also possesses outstanding expertise in the development and manufacture of micro optics for beam shaping used in the semiconductor industry and laser material processing. The product portfolio of the division also includes solutions for optical information and communication technologies, as well as defense and security.

 

Contact

 

JENOPTIK l Optical Systems

Ronald Moore

V.P. Sales & Marketing

Phone: +1 561 881 7400


Sunday, June 4, 2017

LPTH Press Release: LightPath Technologies Exhibiting at the Laser World of Photonics Show


For Immediate Release:

LightPath Technologies Exhibiting at the Laser World of Photonics Show


ORLANDO, FL – June 02, 2017 --LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company” or “we”), a leading vertically integrated global manufacturerdistributor and integrator of proprietary optical and infrared components and high-level assemblies,  announced today it will be exhibiting at the Laser World of Photonics Exposition in Munich, Germany, from June 26 through June 29, 2017.

LightPath invites conference attendees to join company representatives in Hall B2, Booth #134 and to view some of its leading edge products, including:

  • Thermal Imaging Assemblies for Low Cost Sensors
  • Molded Glass Specialty Products including Acylindrical Lenses
  • Fiber Delivery Systems
  • Aspheres for Telecommunications

Jim Gaynor, LightPath’s President & CEO, stated, “We are looking forward to visiting with OEMs, partners, and prospects at this important international optics show.   This event has consistently been one of the more well attended industry platforms joining global suppliers and customers together to meet their needs.  We are particularly looking forward to the opportunity to have our experts discuss the benefits and value of LightPath’s precision molded lenses and our high volume manufacturing capabilities.”

Laser World of Photonics, International trade fair for the photonics industry every two years, key players and decision-makers come to Munich to meet at the industry’s most important marketplace, LASER World of PHOTONICS. The fair gives participants from more than 70 countries a complete overview of all topics that pertain to photonics on 55,000 square meters of exhibition space.

About LightPath Technologies:

LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, defense, telecommunications, testing and measurement, and medical industries. LightPath designs, manufactures, and distributes proprietary optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index GRADIUM® lenses. LightPath also offers custom optical assemblies, including full engineering design support.  The Company is headquartered in Orlando, Florida, with manufacturing and sales offices in Irvington, New York, Riga, Latvia and Zhenjiang and Shanghai, China.

Thru its wholly-owned subsidiary ISP Optics Corporation, LightPath manufactures and offers a full range of infrared products from high performance MWIR and LWIR lenses and lens assemblies.  LightPath’s infrared lens assembly product line includes athermal lens systems used in cooled and un-cooled thermal imaging cameras.  Manufacturing is performed in-house to provide precision optical components including spherical, aspherical and diffractive coated infrared lenses.  LightPath’s optics processes allow it to manufacture its products from all important types of infrared materials and crystals.  Manufacturing processes include CNC grinding and CNC polishing, diamond turning, continuous and conventional polishing, optical contacting and advanced coating technologies.
For more information on LightPath and its businesses, please visit www.lightpath.com.

Forward-Looking Statements

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, including statements regarding our ability to expand our presence in certain markets, future sales growth, continuing reductions in cash usage and implementation of new distribution channels. 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.

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Saturday, May 20, 2017

TOMORROW! Seminar: "Toward Micro Vision Sensors" by Sanjeev J. Koppal, 5.18.17/11:00AM-12:00PM/CREOL RM 103

Subject: TOMORROW! Seminar: "Toward Micro Vision Sensors" by Sanjeev J. Koppal, 5.18.17/11:00AM-12:00PM/CREOL RM 103

Seminar: "Toward Micro Vision Sensors" by Sanjeev J. Koppal
Thursday, May 18, 2017 11:00 AM to 12:00 PM
CREOL Room 103

http://www.creol.ucf.edu/NewsEvents/Attachments/Events/1224/sanjeev-koppal.jpg
Sanjeev J. Koppal

Abstract:
Miniature computing platforms will influence fields such as geographic and environment sensing, search and rescue, industrial control and monitoring, energy and health. Computer vision algorithms can broaden this impact by allowing small devices to utilize the rich visual information of their surroundings. However, achieving computer vision on small form factor devices is a challenge due to the severe constraints of power and mass. We propose to build vision sensors where the optics of the system perform a significant portion of the computational burden. Balancing the performance of any particular computer vision algorithm with the physical aspects of the sensor (such as field-of-view, mass, power consumption etc) provides a rich source of interesting, new research problems. We discuss recent efforts applying visual recognition on micro-robots and creating low-power LIDAR.

Biography:
Sanjeev J. Koppal is an assistant professor at the University of Florida’s ECE department. Prior to joining UF, he was a researcher at the Texas Instruments Imaging R&D lab. Sanjeev obtained his Masters and Ph.D. degrees from the Robotics Institute at Carnegie Mellon University, where his adviser was Prof. Srinivasa Narasimhan. After CMU, he was a post-doctoral research associate in the School of Engineering and Applied Sciences at Harvard University, with Prof. Todd Zickler. He received his B.S. degree from the University of Southern California in 2003. His interests span computer vision, computational photography and optics and include novel cameras and sensors, 3D reconstruction, physics-based vision and active illumination.

For additional information:
Kyle Renshaw

LPTH Press Release: LightPath Technologies Invited to Join Center of Freeform Optics


For Immediate Release:

LightPath Technologies Joins the
Center of Freeform Optics

ORLANDO, FL – May 18, 2017 -- LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company,” or “we”), a leading vertically integrated global manufacturerdistributor and integrator of proprietary optical and infrared components and high-level assemblies, announced it has accepted the invitation to join the Center of Freeform Optics located at the University of Rochester in Rochester, NY.

The Center for Freeform Optics (CeFO) is a joint Industry-Government-University cooperative research center funded primarily through Industry and Government Labs members.  The mission of the Center for Freeform Optics (CeFO) is to advance research and education in the science, engineering, and applications of systems based on freeform optics through a dedicated, continuing industrial partnership based on shared value, and promotion of technical advantage leading to a competitive economic advantage for CeFO members.

Matt Davies, PhD Professor & Site Director for Center for Freeform Optics stated, “We are extremely excited about LightPath joining the Center for Freeform Optics (CeFO).  This brings a new capability to CeFO, precision glass molding. LightPath's membership in the CeFO, to work on a new three-year collaborative project on the precision molding of glass freeform optics, was enthusiastically and unanimously supported by the sixteen member industrial advisory board of the center.  The center leadership and the industrial advisory board see the low-cost precision molding of glass freeform optics, enabled by this project, as a path for bringing new freeform optical systems to the market and look forward to this new research and development partnership with LightPath.”

The development of precision molded freeform optics is a key addition to the field, bringing advantages such as significant cost reduction and increase in volume. Additionally, the wide variety of established moldable glasses, many of which are unsuitable for precision machining processes, provides an increase in design flexibility and potential applications due to the assortment of available physical and optical properties.

“LightPath strives to be at the forefront of the freeform revolution, joining the Center of Freeform Optics and its development of freeform technology roadmaps will accelerate time to market of these new technologies while giving LightPath an opportunity to demonstrate innovative proficiencies.” Jim Gaynor, LightPath’s President  & CEO, commented.

About LightPath Technologies:

LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, defense, telecommunications, testing and measurement, and medical industries. LightPath designs, manufactures, and distributes proprietary optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index GRADIUM® lenses. LightPath also offers custom optical assemblies, including full engineering design support.  The Company is headquartered in Orlando, Florida, with manufacturing and sales offices in New York, Latvia and China.

LightPath’s wholly-owned subsidiary ISP Optics Corporation manufactures a full range of infrared products from high performance MWIR and LWIR lenses and lens assemblies.  ISP’s infrared lens assembly product line includes athermal lens systems used in cooled and un-cooled thermal imaging cameras.  Manufacturing is performed in-house to provide precision optical components including spherical, aspherical and diffractive coated infrared lenses.  ISP’s optics processes allow it to manufacture its products from all important types of infrared materials and crystals.  Manufacturing processes include CNC grinding and CNC polishing, diamond turning, continuous and conventional polishing, optical contacting and advanced coating technologies.

For more information on LightPath and its businesses, please 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, including statements regarding our ability to expand our presence in certain markets, future sales growth, continuing reductions in cash usage and implementation of new distribution channels. 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.

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