With sensors suitable for surface bonding or embedding in composites, ODiSI can be used either during manufacturing or later installation.First introduced in August 2011, ODiSI supports the exacting standards of the aerospace, automotive, energy and other composites industries where high-density strain or temperature measurements are required for structural or mechanical testing. The product is sold under the company's test and measurement equipment brand name Luna Technologies. “Luna Innovations is improving the way composite materials are tested and validated for peak performance and safety, particularly in the aerospace and energy markets, and customers are starting to embrace our technology around the world,” Chung said. “ODiSI is an integral part of our corporate strategy to grow revenue that focuses on serving high-growth industries with new-technology solutions.” Composite materials have seen increased usage in the aerospace industry due to weight-saving initiatives. For example, the new Boeing 787 is nearly 80 percent composites by volume. Safety concerns with widespread composites use have arisen because these materials do not visibly show fatigue and impact damage the way traditional materials do. ODiSI applications include composite structure design and model verification, design improvement, manufacturing process verification, structural health monitoring and performance optimization. ODiSI provides a sensing solution that is rich in data content, lightweight, robust, easy to install, and does not require expensive fiber containing Fiber Bragg Gratings (FBGs). About Luna Innovations Luna Innovations Incorporated ( www.lunainnovations.com) focuses on sensing and instrumentation. Luna develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. The company's products are used to measure, monitor, protect and improve critical processes in the markets it serves. Through its disciplined commercialization business model, Luna has become a recognized leader in transitioning science to solutions. Forward-Looking Statements This release includes information that constitutes "forward-looking statements" made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements regarding, but not limited to: product capabilities, technological attributes, advantages and applications, and customer use. Statements that describe the company's business strategy, goals, prospects, opportunities, outlook, plans or intentions are also forward-looking statements. Actual results may differ materially from the expectations expressed in such forward-looking statements as a result of various factors, including technological challenges in specific applications and risks and uncertainties set forth in the company's periodic reports and other filings with the Securities and Exchange Commission. Such filings are available at the SEC's website at http://www.sec.gov, and at the company's website at http://www.lunainnovations.com. The statements made in this release are based on information available to the company as of the date of this release and Luna Innovations undertakes no obligation to update any of the forward-looking statements after the date of this release.