– From “Vassalotti’s View”, by Gary Vassalotti, LIFA –
Light. It is an amazing thing. It exists in an infinite variety of colors, and has some physical attributes with photons. We sense it with our eyes allowing us to interact with our environment.
Light is everywhere and commonplace, but working with light is anything but low-tech. LightPath Technologies, Inc. (NASDAQ: LPTH) takes the commonplace and bends it, focuses it, delivers it, and harnesses its power with advanced optics to meet many of today’s demanding requirements.
Utilizing its “Geltech Aspheres” it eliminates spherical aberrations in laser light applications. Those lenses are used in laser levels, gun sighting systems, and telecommunication systems. And the market has noticed LightPath’s advanced products — as LightPath experienced a 35% increase in order volume (backlog) during its first quarter of FY2010. The increase in volume was used to offset the company’s strategy of producing higher volumes at lower prices.
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