March 5, 2010 (FinancialWire) (Investrend Information Syndicate) — LightPath Technologies, Inc. (NASDAQ: LPTH) (Approx. Market Cap: US$ 23.2 Million) will be showcasing its “black diamond molded infrared aspheric lenses” at the SPIE Defense and Security Symposium Navy Opportunity Forum. The event is being held in Orlando, Florida, from April 5th through 9th. LightPath will occupy booth 530 at the event, where the company’s products will be exhibited. In addition, LightPath will be presenting a technical paper on Wednesday, April 7th, comparing its molding technologies to traditional infrared aspherical lens manufacturing techniques.

According to the company, LightPath is working to bring low-cost infrared optics to the defense and commercial infrared markets, targeting high-growth market areas such as IR countermeasures, thermography, gas sensing and thermal imaging for commercial night vision systems. Those expanding markets have a combined current, estimated value of over $2.5 billion.

LPTH stock closed at $2.83 yesterday, compared to its $1.69 close on December 21, 2009 (50 trading sessions ago), with an average adjusted close of $2.22 in the last fifty days of trading. In terms of liquidity, LPTH’s 50-day average daily trading volume is 37,766 shares, with days ranging from zero shares traded to 213,700 shares traded during that 50-day period.

Yahoo! Finance notes LPTH’s 1-year stock price target estimate at $3.36. In the last 50 sessions, LPTH stock has traded as high as $3.15 (intra-day) and as low as $1.44 (intra-day). Business Week notes LPTH stock’s 52-week high as $3.67 on September 18, 2009, and its 52-week low as $0.31 on March 17, 2009.

LightPath’s CEO, Jim Gaynor, commented, “LightPath Technologies is making strategic investments in our infrared product line and we are excited about the opportunity to communicate the technical achievements we have made in molding infrared aspheric lenses over the past 24 months at this conference. We believe that molding infrared lenses will become a strategic technology that enables the development of a wider market for infrared technologies.”

Information about the Defense, Security & Sensing Conference can be found on the events website (at http://www.spie.org/).

LightPath Technologies, Inc. (http://www.investrend.com/investorpower/lpth) is an information technology sector / photo-optics industry company. LightPath designs, develops, manufactures, and distributes optical components and assemblies in the United States, Europe, North Africa, and Asia. The company was founded in 1985 and is headquartered in Orlando, Florida.

Photo-Optical Equipment industry research, which includes LightPath, is currently available via Investrend Research Syndicate affiliate-provider, ValuEngine (at http://www.investrend.com/photo-optic), as well as a company summary report by ValuEngine (at http://www.investrend.com/recent-research). Additional equity research on LightPath may be requested via Investrend Research Syndicate affiliate-provider, The Matterhorn Group, which specializes in tech company research (at http://www.investrend.com/matterhorn-request).

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