LightPath Technologies, Inc. Appoints Joseph Menaker to Serve on the Board
November 19, 2018 at 09:18 am EST
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On November 15, 2018, the Board of Directors of LightPath Technologies, Inc. appointed Joseph Menaker to serve on the Board effective immediately. Dr. Menaker was appointed to fill a vacancy created by Board to expand the size of Board from seven to eight directors. Dr. Menaker will serve as a Class I director until annual stockholders’ meeting proposed to be held in fiscal 2020, and until his successor is elected and qualified. Dr. Menaker previously served as a consultant to the Board beginning in March 2018 until his appointment to the Board, and prior to that was a consultant to the company beginning in December 2016. From 1998 to 2016, he served as President of ISP Optics Corporation and as a director of its wholly owned subsidiary, ISP Optics Latvia (collectively, “ISP”) until acquired by them in December 2016.
LightPath Technologies, Inc. is a vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries. The Company designs and manufactures optical and infrared components, including molded glass aspheric lenses and assemblies, custom molded glass freeform lenses, infrared lenses and thermal imaging assemblies, fused fiber collimators, and Black DiamondTM (BD6) chalcogenide-based glass lenses. Its business is organized into three product groups: Precision molded optics (PMO), infrared products and specialty products. Its PMO product group consists of visible precision molded optics with varying applications. Its infrared product group is comprised of infrared optics, both molded and diamond-turned, and thermal imaging assemblies. Its specialty product group is comprised of value-added products, such as optical subsystems, assemblies, collimators, and non-recurring engineering (NRE) products.