Luna Innovations Announces Fourth Quarter and Year-End Financial Release Date of March 3, 2009

February 26, 2009

ROANOKE, Va.–Feb. 26, 2009–Luna Innovations Incorporated (NASDAQ:LUNA), a company focusing on sensing & instrumentation and nanotechnology, announced today it will report its fourth-quarter and full year financial results for the period endedDecember 31, 2008, in a conference call with investors. Kent A. Murphy, Chairman and Chief Executive Officer, and Dale Messick, Chief Financial Officer, will host the call onTuesday, March 3, 2009 at11:00 a.m. (EST).

The investor conference call will be available via live webcast on the Luna Innovationswebsite at www.lunainnovations.com under the tab “Investor Relations.” To participate by telephone, the domestic dial-in number is 1-866-770-7129 and the international dial-in number is 1-617-213-8067. The participant access code is 54417420. Investors are advised to dial in at least five minutes prior to the call to register. The webcast will be archived on the company’s 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 inRoanoke, Virginia.

Investor:
BPC Financial Marketing
John Baldissera, 1-800-368-1217
IR@lunainnovations.com