- Analytical Commentary -

February 18, 2010 (FinancialWire) (Investrend Forums Syndicate) (By Gary Vassalotti, LIFA) — This Tuesday, February 16th, LightPath Technologies, Inc. (NASDAQ: LPTH) filed an 8-K with the SEC detailing a press release about its order experience with its line of asphere of lenses. The company had been optimistic about the prospects for market growth and sales growth for the product line itself, however, the press release mentioned that open orders total $1.8mm and that they are expected to grow 25% over the next few quarters — exceeding previous projections

Jim Gaynor, LightPath CEO, mentioned that the company has experienced a year of volume growth, as the manufacturers have seen the value of the asphereic molded lenses over the standard multiple lens setup currently dominating the industry. The company is currently providing lenses to four manufacturers, and has qualified to supply a fifth.

For a small firm such as LightPath this type of sales and market growth, when properly managed, can have a huge impact on the bottom line and stock price.

Source: Investrend Weblogs (http://www.investrendweblogs.net/vassalotti/2010/02/18/lightpath-tech/).

Previous blog posts by Gary Vassalotti are accessible via Investrend Weblogs (at http://www.investrendweblogs.net/vassalotti/).

Equity research reports regarding LightPath and the Photo-Optics industry, by ValuEngine, are available via the Investrend Research Syndicate (at http://www.investrend.com/recent-research and http://www.investrend.com/valuengine/photo-optic).

LightPath’s February 4th conference call is available via VCall (at http://www.investorcalendar.com/IC/ClientPage.asp?ID=154437).

Additional information for investors is available at LightPath’s Investrend InvestorPower(tm) Page (at http://www.investrend.com/investorpower/lpth) and LightPath company filings are available via the SEC website at (http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001366669).

Gary Vassalotti, LIFA, is president of Vimcor, an equity analysis and portfolio management practice, as well as a contributing equity research analyst for Investrend Research. He previously worked with First American Bank, NA, First Union National Bank, and Montag Management, and has an overall interest in global markets. Mr. Vassalotti is a member of the North Carolina Society of Financial Analysts, the CFA Institute, and the North Carolina Investment Advisors Association (and was a former board member). Mr. Vassalotti has a B.S. in Finance with an emphasis in Economics from Pennsylvania State University.

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