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Charles Gause Elected President of Southern Piedmont Technology Council

(ROANOKE, VA, July 16, 2008) – Charles Gause, Vice President of Corporate Development at Luna Innovations, was elected to serve as President of the Southern Piedmont Technology Council (SPTC). Charles has served on the SPTC for three years and serves on the council's Nanotechnology Committee. He has an extensive manufacturing and engineering science background and works to identify and develop technologies into market opportunities based upon Luna’s nanotechnologies. Charles was an instrumental part of the team that made the Luna nanoWorks division a reality. He established the operations, business development, and manufacturing processes for the Danville-based nanomaterials facility. Charles is active in nanotechnology policy initiatives such as the NanoHealth Enterprise Initiative and also serves on Virginia's Joint Commission on Technology and Science Nanotechnology Advisory Committee.

"I am honored to be asked to lead this important organization," said Gause. "We have a growing technology-based industry and the Council looks forward to helping establish Southern Virginia as a premier technology region within the Commonwealth."

The SPTC is an advocate for technology-driven initiatives and investments in the region. It has focused on serving the technology-related needs of our communities, raising awareness of the benefits of technology utilization, and endorsing the region’s potential and its technology assets. As the SPTC continues to serve the region, it hopes to continue to attract more members and expand its outreach and service programs to the area. For more information, visit the SPTC Web site at www.sptc-va.org.



About Luna Innovations:
Luna Innovations Incorporated (www.lunananoworks.com) develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Luna's products are used to measure, monitor, protect and improve critical processes in the markets we serve. Luna nanoWorks is a division of Luna Innovations. With a world-class nanomaterial manufacturing facility in Danville, Virginia, the nanoWorks Division is developing products empowered by nanomaterials with applications in diagnostics, therapeutics, and organic solar cells. For more information visit www.lunananoworks.com.

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: the development of nanotechnologies into marketable pharmaceutical, medical, or other products and Luna’s ability to pursue business opportunities in new markets. 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 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.

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