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Luna Announces PHOENIX 1400 Benchtop Tunable Laser

Luna Technologies, a division of Luna Innovations Incorporated, announces the PHOENIX™ 1400 benchtop tunable laser. Based on proprietary MEMs technology, the PHOENIX™ 1400 product offers best-in-class wavelength precision and tuning linearity, making it ideal for telecommunications test and measurement as well as a variety of other applications including optical frequency domain reflectometry (OFDR) systems, FIBER-BRAGG sensing, metrology, near-infrared spectroscopy and tomography, heterodyne measurements and fiber component characterization for dense wavelength division multiplexing (DWDM).

“This laser is a major step forward for tunable lasers in terms of fidelity,” said Brian Soller, President of the Luna Technologies Division. “The compact external cavity MEMs design, combined with our proprietary drive circuitry, gives the Phoenix 1400 highly precise tuning characteristics which are becoming increasingly important in modern applications of swept-tunable lasers. This laser will better enable our customers to build the highest quality optical systems, which is always our ultimate goal.”

The PHOENIX™ 1400 laser comes standard with integrated dual-channel power meters, sweep and retrace triggers, and a user-friendly graphical interface. The integrated wavemeter further enables industry-leading wavelength accuracies. The PHOENIX™ 1400 device also includes software development tools that allow for easy integration into custom applications in both development and manufacturing environments.

Luna’s laser line is based on the former Iolon ‘Apollo’ class of tunable lasers. The company acquired the intellectual property rights and manufacturing equipment in December 2006. The PHOENIX™ 1400 tunable laser product is available immediately, with four to six weeks typical for delivery.

Luna will be demonstrating its new laser, Optical Backscatter Reflectometer™ and Optical Vector Analyzer™ product platforms in booth #6171 at Photonics West which begins January 24 in San Jose, CA. For more information, visit Luna Technologies online at http://www.lunatechnologies.com.

About Luna Technologies:

Luna Technologies, a division of Luna Innovations Incorporated located in Blacksburg, Virginia, manufactures and markets test and measurement equipment and integrated sensing solutions. Luna Technologies' products are used for process and control monitoring in telecommunications, manufacturing, power generation and distribution, down-hole oil and gas production, aerospace, and defense applications. Its products have won numerous awards and are sold and distributed throughout North America, Europe, the Middle East and Asia.

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 the PHOENIX™ 1400 tunable laser’s capabilities and the use and efficacy of the instrument and related data. Actual results may differ materially from the expectations expressed in such forward-looking statements as a result of various factors, including 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 Web site at www.sec.gov, and at the company's Web site at 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.

Contacts:

Luna Innovations Incorporated
Karin Clark, 1-540-769-8400
kclark@lunainnovations.com

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