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Lightwave Logic, Inc. Announces Appointment of Dr. Aref Chowdhury as Chief Technology Officer & Head of Strategy

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Lightwave Logic (NASDAQ:LWLG) appointed Dr. Aref Chowdhury as Chief Technology Officer & Head of Strategy, effective January 1, 2026. Dr. Chowdhury brings leadership experience from Nokia, where he led technology roadmap and strategy for a $10 billion annual revenue network infrastructure group and previously served as Chief Technology Officer of Optics. His background includes senior research and IP roles at Bell Laboratories, a doctorate in electrical engineering, fellowship in Optica, and IEEE leadership roles. At Lightwave Logic he will focus on executing technology strategy to accelerate commercialization, product innovation, scalability, and reliability.

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Positive

  • Appointed CTO with leadership over a $10 billion Nokia business group
  • Deep expertise in optical technologies, IP, and patents
  • Mandate to accelerate commercialization and improve product scalability

Negative

  • None.

News Market Reaction

+4.58%
20 alerts
+4.58% News Effect
+4.5% Peak in 43 min
+$30M Valuation Impact
$691M Market Cap
0.5x Rel. Volume

On the day this news was published, LWLG gained 4.58%, reflecting a moderate positive market reaction. Argus tracked a peak move of +4.5% during that session. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $30M to the company's valuation, bringing the market cap to $691M at that time.

Data tracked by StockTitan Argus on the day of publication.

Dr. Chowdhury brings extensive, large corporation experience in disruptive optical technologies and intellectual property

ENGLEWOOD, COLORADO / ACCESS Newswire / January 12, 2026 / Lightwave Logic, Inc. (NASDAQ:LWLG) (the "Company"), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, announced today the appointment of Dr. Aref Chowdhury as its new Chief Technology Officer & Head of Strategy, effective January 1, 2026.

Most recently, Dr. Chowdhury served as Vice President Strategy and Chief Technology Officer of Network Infrastructure for Nokia where he led the development and execution of the technology roadmap and long-term strategy for a $10 billion annual revenue business group spanning IP routing, optical, access and subsea communication systems. Prior to that role, he served as Chief Technology Officer of Optics at Nokia, where he developed and managed the technological roadmap for optical technologies supporting next-generation optical communications systems. In these roles, he was also responsible for mergers and acquisitions. Earlier in his career, Dr. Chowdhury held senior roles in research and intellectual property at Bell Laboratories (Lucent Technologies and Alcatel-Lucent). He earned his doctorate in Electrical Engineering from the University of Wisconsin-Madison and his bachelor's in Electrical Engineering and Applied Mathematics & Statistics from the State University of New York at Stony Brook. His research has been widely published, and he is a Fellow of Optica (formerly the Optical Society) and Bell Labs, and a recipient of the MIT TR100 Award. He is also involved with both the IEEE and Optica including his role as the IEEE Photonics Society's Vice President of Professional & Technical Development and Member of the Board of Governors.

In his role, Dr. Chowdhury will be focused on executing the Company's technology strategy to accelerate commercialization timelines while ensuring product innovation, scalability, reliability, and competitiveness.

"We are very excited to welcome such a highly recognized optical industry and technology leader to the Lightwave Logic team," said Yves LeMaitre, CEO of Lightwave Logic. "In addition to his extensive industry relationships and experience at a leading global technology company like Nokia, Aref has uniquely broad experience across all optical technologies and applications with particular expertise in disruptive technologies as well as intellectual property and patents. We look forward to the positive impact he'll have across the organization."

Dr. Chowdhury added, "The rapid pace of AI's proliferation is placing increasingly strenuous demands on existing infrastructure, devices and materials. I believe that polymers will prove to be the disruptive and leading technological solution to facilitate high-speed data transmission and I am excited to bring my expertise in the conception and development of disruptive optical technologies to Lightwave Logic at such a critical time in the industry."

About Lightwave Logic, Inc.

Lightwave Logic, Inc. (NASDAQ: LWLG) www.lightwavelogic.com is a technology platform company leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor. The Company's high activity and high stability organic polymers allow it to create next-generation photonic EO devices that convert data from electrical signals into light/optical signals for applications in telecommunications, and for data transmission potentially used to support generative AI.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and 10-Q; other risks to which our company is subject; other factors beyond the company's control.

Contacts:

Ryan Coleman or Nick Teves
Alpha IR Group for Lightwave Logic
lwlg@alpha-ir.com
312-445-2870

SOURCE: Lightwave Logic



View the original press release on ACCESS Newswire

FAQ

Who is the new CTO of Lightwave Logic (LWLG) and when did the appointment take effect?

Dr. Aref Chowdhury was appointed Chief Technology Officer & Head of Strategy, effective January 1, 2026.

What experience does Dr. Aref Chowdhury bring to Lightwave Logic (LWLG)?

He led technology roadmap and strategy for a $10 billion Nokia network infrastructure group and held CTO roles in optics plus senior research and IP positions at Bell Laboratories.

What will Dr. Chowdhury focus on as CTO at Lightwave Logic (LWLG)?

He will focus on executing the company's technology strategy to accelerate commercialization, and ensure product innovation, scalability, reliability, and competitiveness.

Does Dr. Chowdhury have academic and professional recognitions relevant to LWLG (LWLG)?

Yes; he holds a doctorate in electrical engineering, is a Fellow of Optica, received the MIT TR100 Award, and serves in IEEE leadership roles.

How might this appointment affect Lightwave Logic's commercialization timeline (LWLG)?

The company says his role is targeted to accelerate commercialization timelines through technology strategy and product development.
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