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.” 

With offices in New York, Phoenix, Minneapolis and  Seattle, Hayden IR provides a comprehensive range of investor relations services to a growing list of clients. For more than a decade, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 200 micro- and small-cap companies. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity.

Peter Seltzberg, Regional VP in Hayden IR’s New York City office, added, “LightPath has an exciting technology platform that is well-positioned for growth through layering opportunities in the infrared space atop their sustainable precision-molded optics business, all with minimal incremental expenses. The previously announced major infrared development contract with Raytheon Vision Systems is a significant step forward for LightPath and underscores the appeal of the company’s new infrared products and optics solutions. The team at Hayden IR believes that the company appears to be on track to offer attractive returns to investors who seek to participate in the proliferation of emerging technologies and the dynamics of an attractive, large market opportunity. We look forward to introducing LightPath to all the key audiences within the investment community.”