Scottsdale, Arizona 3/21/2008 8:53:47 AM
News / Finance

QualityStocks.net News – Lumera Corp. (LMRA) Signs $2.2 Million Contract with U.S. Air Force Research Laboratory

At www.QualityStocks.Net you can sign up for Quality Stock's Daily Newsletter to find out what Small-Cap and Micro-Cap online Investment Newsletters are interested in, plus hear about the latest news from our clients as well as other publicly traded companies.

 

We would like to highlight Lumera Corp. (NASDAQ: LMRA). The company designs electro-optic components based on proprietary polymer compounds for the telecommunications and computing industries. Through its wholly owned subsidiary, Plexera Bioscience LLC, the company is also in the bioscience industry. Plexera is focused on providing the life sciences market with tools, content, and methods to simplify and accelerate proteomic discovery for therapeutic antibodies as well as predictive biomarkers.

 

In the Company’s news today,

 

Lumera Corp. (NASDAQ: LMRA) announced it has secured a $2.2 million contract with the U.S. Air Force Research Laboratory to fabricate low driving voltage, electric-optic modulators using Lumera’s organic polymers.

 

Lumera designs electro-optic components based on its proprietary polymer compounds for the telecommunications and computing industries. The company’s wholly-owned subsidiary, Plexera Bioscience LLC, allows Lumera to engage in the life sciences market with tools, content and methods used to simplify and accelerate proteomic discovery for therapeutic antibodies as well as predictive biomarkers.

 

“Current concepts of phased array radar and high-performance satellite systems require high-bandwidth electro-optic modulators with low driving voltages and wide bandwidths,” Dr. Raluca Dinu, vice president of Electro-Optic Business Unit, stated in the press release. “Lumera’s EO devices have made significant strides in reaching these very aggressive goals, and we look forward to meeting the Air Force’s requirements over the course of the contract.”

 

Optical components and optical fibers are used to process and distribute high-speed electrical signals for RF photonics. This can provide high bandwidth, reduced weight, and immunity from electromagnetic interference associated with satellites and phased-array radars.

 

About QualityStocks

 

QualityStocks.net, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks.net is dedicated to assisting emerging public companies with their advertising efforts and now has over 500,000+ subscribers that receive The Daily Stock Newsletters.

 

To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

 

Please see disclaimer on QualityStocks.net website: http://Disclaimer.QualityStocks.net