Lightwave Logic, Inc., a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, announced that it will be added to the Solactive EPIC Core Photonics EUR Index NTR as part of the index’s semi-annual additions.
The Solactive EPIC Core Photonics EUR Index NTR aims to present the performance of a portfolio of publicly listed global companies which derive at least 66% of their revenues from photonics manufacturing activities. The current 59 member securities are weighted based on their free float market capitalization, subject to certain weight caps. Solactive is a leading provider of indexing, benchmarking, and calculation solutions for the global investment and trading community.
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“Earning our inclusion in the Solactive EPIC Core Photonics EUR Index, one of the most widely cited performance benchmarks for photonics companies, is an important point of recognition for Lightwave Logic shareholders,” said Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic. “The index includes global public companies with a common theme of optoelectronics, photonics, and optical technologies in general that range from components, modules, manufacturers, and optical network system companies.
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“This inclusion broadens our exposure to the capital markets community, as well as credibility with potential partners and customers. The creation of this photonics index was driven by EPIC photonics, the European trade association, where we are proud members. We look forward to capitalizing on this opportunity to increase our exposure within the investment community and broaden our shareholder base,” concluded Lebby.
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