June 23, 2010 (FinancialWire) (Investrend Information Syndicate) — Note to readers: Equity research and additional information for investors on LightPath Technologies. Inc. (NASDAQ: LPTH) is available via Investrend Syndications (at http://www.investrend.com/synd003).

The growing market for lasers in biomedical instrumentation was recently estimated at $93 million for 2009, according to Laser Focus World's annual laser market survey. The total market for data storage lasers in 2009 was $1.4 billion. Growth is expected to accelerate in 2010 and the wavelength mix is changing from 650 nm / 780 nm to 405 nm.  LightPath Technologies (NASDAQ: LPTH) recently introduced a family of four new aspheric lenses specifically designed for laser diodes operating at 405 nm or 488 nm. The lenses are designed as the primary optics for collimating blue lasers in a variety of applications including biomedical instrumentation such as flow cytometers, microscopes, and fluorescence spectroscopy equipment.

Jim Gaynor, CEO and President of LightPath, noted that "LightPath Technologies is continuing to expand its core product line of molded aspheric optics through the introduction of this family of lenses.”

“LightPath is continuing its strategy of targeting specific markets with new optical designs and becoming the dominant OEM supplier for molded glass aspheric optical components,” continued Gaynor, adding, “The new blue laser lens family builds on the success of our laser tool lenses, and will directly address the rapidly expanding biomedical and data storage markets."

LightPath exhibited their new aspheric optics at the OPTATEC Trade Fair in Frankfurt, Germany from June 15th through June 18th. LightPath attended the event with the company’s European distributor, AMS Technologies.

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