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Luna Innovations Announces Second Quarter Financial Release Date of August 5, 2008

Luna Innovations Incorporated (NASDAQ:LUNA) announced today that it will release financial results for the quarter ended June 30, 2008 and hold a conference call with investors on Tuesday, August 5, 2008. Kent A. Murphy, Chairman and Chief Executive Officer, and Dale Messick, Chief Financial Officer, will host the call and will discuss Luna Innovations financial results as well as other recent company developments. The call will be held on Tuesday, August 5, 2008, at 5:00 p.m. (EDT).

The investor conference call will be available via live webcast on the Luna Innovations website at www.lunainnovations.com under the tab Investor Relations. To participate by telephone, the domestic dial-in number is 1.800.901.5226 and the international dial-in number is 1.617.786.4513. The access code is 33586989. Investors are advised to dial in at least five minutes prior to the call to register. The webcast will be archived on the Companys website under Webcasts and Presentations for 30 days following the conference call.

About Luna Innovations:

Luna Innovations Incorporated (www.lunainnovations.com) develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Our products are used to measure, monitor, protect and improve critical processes in the markets we serve. Through its disciplined commercialization business model, Luna has become a recognized leader in transitioning science to solutions. Luna is headquartered in Roanoke, Virginia.

Contacts:

Luna Innovations Incorporated
Investor Contact:
Qorvis Communications
Sally Beerbower, 1-703-744-7800
ir@lunainnovations.com

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