Lightwave Logic Commences Independent Testing

Business Wire, April 10, 2008

Material Testing is the Next Step towards Completion of Commercial Prototype

WILMINGTON, Del. -- Lightwave Logic, Inc., (OTCBB:LWLG, http://www.lightwavelogic.com), a technology company focused on the development of electro-optic polymer materials for applications in high-speed fiber-optic telecommunications and optical computing, announced today that it has delivered its breakthrough electro-optic material to the University of Arizona College of Optical Sciences for independent tests that will determine the parameters necessary for the fabrication of the company's initial prototype fiber optic modulators.

The College of Optical Sciences at the University of Arizona, which has performed testing on Lightwave Logic's electro-optic polymer materials in the past, is internationally recognized for its preeminent research activities in all areas of optics and photonics.

"The independent tests being performed at the University of Arizona will support the efforts of our partner, Photon-X, in its process of fabricating our initial prototype fiber optic modulator. I am excited that our testing is being performed at one of the best research facilities in the world," commented Hal Bennett, CEO of Lightwave Logic, Inc.

About Lightwave Logic, Inc.

Lightwave Logic, Inc. is a development stage company, moving toward prototype demonstration and commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. Lightwave Logic, Inc. is a portfolio company of Universal Capital Management, Inc. (OTC BB: UCMT.OB - News). Please visit the Company's website, www.lightwavelogic.com, for more information.

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