ORLANDO, Fla., March 20, 2013 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath", the "Company" or "we"), a global manufacturer, distributor and integrator of patented optical components and high-level assemblies, is the recipient of Cubic Defense Systems 2012 Supplier Award. This is the third consecutive year that LightPath has earned this award. LightPath also received a "Superior" rating -- the highest rating given by Cubic Defense Systems to its suppliers.
The Cubic Defense Systems 2012 Supplier Award recognizes companies that have performed exceptionally well in manufacturing and supplying products or services over the past year -- particularly in terms of quality, pricing, reliability, technology and continuous improvement. The award is given to outstanding suppliers who play a key role in Cubic's success, and who continue to work with Cubic on further development and improvement of products and manufacturing processes.
"The LightPath team takes great pride in continuously improving our methods and processes to deliver the standard of quality our customers have come to expect. We are proud that Cubic Defense Systems has recognized our efforts for a third time," said Debra Woodford, LightPath Quality Manager.Added LightPath CEO, Jim Gaynor, "It is truly an honor to be recognized for a third time by a valued partner and customer like Cubic Defense Systems. I believe the award validates our ongoing commitment to attaining the highest levels of quality in both our products and the level of service we provide in support of our products." About LightPath TechnologiesLightPath provides optics and photonics solutions for the industrial, defense, telecommunications, testing and measurement, and medical industries. LightPath designs, manufactures, and distributes optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index GRADIUM® lenses. LightPath also offers custom optical assemblies, including full engineering design support. For more information, visit www.lightpath.com. This news release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our ability to expand our presence in certain markets, future sales growth, continuing reductions in cash usage and implementation of new distribution channels. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Rob Myers, Director of SalesLightPath Technologies, Inc.Tel: 407-382-4003Web: www.lightpath.com Brett Maas, Managing Partner Hayden IRTel: 646-536-7331Email: Brett@haydenir.com Web: www.haydenir.com SOURCE LightPath Technologies, Inc.