NASDAQ: KOPN $ 3.33 -0.09( -2.63%) Volume: 287,990 April 19, 2018 20 min delay

Kopin Opens Hong Kong Subsidiary to Support Mobile Video Eyewear Manufacturers; Kopin (HK) to Bring Technical Resources and Innovation Closer to Manufacturing Partners

07/19/2006

HONG KONG--(BUSINESS WIRE)--July 19, 2006--Kopin(R) Corporation (NASDAQ: KOPN), a leader in microdisplays for consumer and military applications, today celebrated the grand opening of its Hong Kong subsidiary, Kopin (HK) Limited. Located at the Hong Kong Science and Technology Park, Kopin (HK) will provide technical assistance to video eyewear manufacturers in the Hong Kong/China region and serve as an application development center for video eyewear.

"Located close to the Pearl River Delta manufacturing base, Hong Kong allows us to work closely with our customers in China while creating innovative solutions in a good environment for intellectual property development," said Dr. John C.C. Fan, Kopin's President and CEO. "The Photonics Center of the Hong Kong Science and Technology Park includes government-sponsored laboratories and many companies with complementary expertise to our display technology. They can offer solutions of display driver electronics, backlight, image enlarging optics, digital wireless transmission, video CODEC, and display analysis equipment. I believe this cluster of technology partners will dramatically speed up our application development work."

An important mission for Kopin (HK) is to develop next-generation mobile video technologies that augment Kopin's Digital iVision(TM) technology in collaboration with technology companies and customers. The new technologies include 3D stereo viewing, integrated MPEG-4 video playback and storage, and wireless RF links to enable cable-free connectivity between video devices and eyewear products. Digital iVision technology provides consumers with "Big Pictures on the Go" in the smallest form factor.

"The mobile video market in China will see a big boost in the next two years because mobile TV broadcasting will start before the 2008 Beijing Olympic Games," said Kenny Chow, General Manager of Kopin (HK). "This driving force makes many companies enthusiastic about our offering of Binocular Display Module (BDM(TM)) products, which enable them to produce a mobile TV receiver with eyewear as a portable set. People will be able to enjoy live Olympic events anywhere with big-screen pictures. The establishment of Kopin (HK) will allow us to capitalize on this and other business opportunities."

    Contact information for Kopin (HK) Limited

    Unit 211, 2/F., Photonics Center
    No. 2 Science Park East Avenue
    Hong Kong Science & Technology Park
    Shatin, N.T., Hong Kong
    Phone +852-2607-4151, Fax +852-2607-4156

About Kopin

Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 20 million displays for a variety of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com.

Kopin, BDM, Digital iVision, and The NanoSemiconductor Company are trademarks of Kopin Corporation.

Safe Harbor Statement

Statements in this news release may be considered "forward-looking" statements under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include those relating to: the market potential of video eyewear; Kopin (HK)'s planned support of its customers; Kopin (HK)'s plans to develop next-generation mobile video technologies; and the projection that the cluster of companies with complementary technologies in the Hong Kong Science and Technology Park will speed up Kopin HK's application development work. These statements involve a number of risks and uncertainties that could materially affect future results. These risk factors include, but are not limited to: the potential that market forecasts related to the anticipated growth of the mobile video market may turn out to be wrong; technical, manufacturing, economic or other issues that may affect the timing and availability of products under development; uncertain customer demand for or acceptance of products manufactured by Kopin HK or its customers; competitive products and pricing; and other risk factors and cautionary statements contained in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. These documents include, but are not limited to, the Annual Report on Form 10-K for the period ended December 31, 2005 and Quarterly Report on Form 10-Q for the period ending April 1, 2006.

The NanoSemiconductor Company(R)


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    CONTACT: Kopin Corporation
             Richard Sneider, CFO, 508-824-6696
             rsneider@kopin.com
             or
             Beaupre & Co. Public Relations, Inc.
             Christine LeCompte, SVP, 603-559-5802
             lecompte@beaupre.com

    SOURCE: Kopin Corporation