Lumera Corporation Introduces High-Performance 40 Gbps Optical Modulator

Lumera Corporation (NASDAQ:LMRA), a leader in photonic communications, announced today the release of its 40 Gbps electro-optic polymer modulator for optical transmission systems. Lumera’s modulator combines the lowest drive voltage and the highest bandwidth capabilities available on the market today, while maintaining a smaller footprint than existing electro-optic modulators. "The global expansion of broadband networks due to the dramatic increase in data transmission traffic has generated increased deployment of 40 Gbps optical network systems,” said Dr. Raluca Dinu, Vice President – Electro-Optic Business Unit. "We are proud of our achievement as our modulators offer simultaneously low drive voltage and broadband capabilities.” Gilder Technology has coined the word "exaflood” to describe the rise in connected devices such as cell phones and music players. The ever increasing number of consumers utilizing these products has fueled interest in components with higher performance as telecommunications companies are being forced to upgrade their network systems to meet the demand. "We believe that system developers are close to making the leap from 40 Gbps to 100 Gbps networks to meet the growing demand for bandwidth, greater speed, and lower power consumption. Our polymer modulators meet those requirements and position us well to capitalize from the market explosion,” Dinu continued. Lumera intends to aggressively market the unique value proposition of our modulators to system developers currently working on 40 Gbps communications networks. By demonstrating that polymers are a superior and reliable alternative to crystalline materials, we will strategically position the next phase of Lumera’s electro-optic product suite, namely the 100 Gbps modulator. 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.