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May 25th, 2012
IR company LightPath Technologies retains Hayden IR to develop strategic investor relations program
LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath”, the “Company” or “we”), a global manufacturer, distributor and integrator of patented optical components and high-level assemblies, announced that it has engaged Hayden IR, a respected national investor relations firm, to develop and implement a strategic investor relations program to raise its visibility and strengthen its relationships with the investment community.
Jim Gaynor, President and Chief Executive Officer of LightPath, commented, “LightPath is at an exciting inflection point, and we believe the timing is appropriate to increase investor awareness and discuss our opportunities with new investors. The technology and manufacturing expertise we’ve developed has given us an exciting platform for growth for our core precision-molded optics business as well as a compelling, incremental opportunity in the infrared space. With precision molded optics generating double-digit annual growth at the top-line and now approaching profitability and favorable economies of scale, the explosive growth we see ahead in our new infrared offerings have the potential to approximately double our business in the next three years. With this transformation underway, we felt this was an appropriate time to engage Hayden IR to help us articulate our new value proposition to potential investors.”
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