Lumera Completes Device Shipment on Third Order from Lockheed Martin
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Lumera Corporation (NASDAQ:LMRA), a leader in the field of photonics
communication, announced today that it has completed the shipment of
electro-optic devices on the third purchase order from Lockheed Martin
under the terms of the existing material transfer agreement.
"We are pleased that our relationship with
Lockheed Martin is progressing and expanding with these additional
orders,” said Dr. Raluca Dinu, Vice President
of Lumera’s Electro-Optic Business Unit. "We
look forward to continuing to provide our materials and devices over the
term of the Lockheed Martin agreement as their needs increase and their
confidence in Lumera builds.” About Lumera
Lumera is a leader in photonic communications. The company designs
electro-optic components based on proprietary polymer compounds for the
telecommunications and computing industries. For more information,
please visit www.lumera.com.
Certain statements contained in this release are forward-looking
statements that involve a number of risks and uncertainties. Factors
that could cause actual results to differ materially from those
projected in the company's forward-looking statements include the
following: market acceptance of our technologies and products; our
ability to obtain financing; our financial and technical resources
relative to those of our competitors; our ability to keep up with rapid
technological change; government regulation of our technologies; our
ability to enforce our intellectual property rights and protect our
proprietary technologies; the ability to obtain additional contract
awards and to develop partnership opportunities; the timing of
commercial product launches; the ability to achieve key technical
milestones in key products; and other risk factors identified from time
to time in the company's SEC reports, including its Annual Report on
Form 10-K, and its Quarterly Reports on Form 10-Q.
