LightPath Technologies announces new line of isolator assemblies

LightPath Technologies, Inc. (Nasdaq: LPTH), a manufacturer of high-performance fiber optic component families for the telecom industry, announced that its wholly owned subsidiary, Horizon Photonics, Inc., has released a new line of isolator assemblies for application in the metro and access telecom markets. The product line is based on a flexible manufacturing platform, which allows delivery across a wide range of customer specifications. Acceptance of Horizon's product line is evidenced by recent orders totaling approximately $4.5 million, including a $3.6 million order received this week from a manufacturer of optical subsystems.

About LightPath Technologies, Inc.:

LightPath manufactures proprietary collimator assemblies, GRADIUM glass products and other optical telecommunications products at its headquarters in Albuquerque. The Company's subsidiaries, Horizon Photonics and Geltech, manufacture isolator products utilizing proprietary automation technology in Walnut, California, and precision molded aspherical optics used in the active telecom components market in Orlando, Florida and Auburn, California. Additionally, Geltech has a proprietary line of all-glass diffraction gratings (StableSil) for telecom applications as well as a product family of Sol-Gel based waveguides. The Company also has an office in Warren, New Jersey for the purpose of developing various optical switch products.