NASDAQ: KOPN $ 3.19 -0.09( -2.74%) Volume: 384,261 June 21, 2018 20 min delay

Kopin Increases Production Volume for U.S. Army's Thermal Weapon Sight Program

01/23/2007

Increased Volumes to Satisfy Urgent Need for Vital Weapon Systems

TAUNTON, Mass.--(BUSINESS WIRE)--Jan. 23, 2007--Kopin(R) Corp. (Nasdaq: KOPN) today announced that the Company has increased production volume of display system hardware for the U.S. Army's Thermal Weapon Sight (TWS-II) production program. Kopin has been providing microdisplay hardware for systems manufactured by BAE Systems (Lexington, Mass.) and DRS Optronics (Palm Bay, Fla.) as part of the program. Both suppliers have completed their product qualification and Kopin's production volume has ramped to more than 1,000 systems per month to each supplier.

"The production increase reflects the U.S. Army's urgency to deploy significant numbers of thermal weapon sight hardware in the field," said Dr. John C. C. Fan, president and chief executive officer. "The TWS systems allow soldiers to see in total darkness, smoke or dirty battlefield conditions and identify targets that might be camouflaged. The TWS hardware can play a vital role in our troops' survival, and we hope every soldier in the field benefits from the exceptional capabilities of this equipment."

Awarded in March 2004, the TWS-II program provides for the production of up to 60,000 light, medium and heavy thermal weapon sights over a four- to-five-year period. Kopin provides BAE Systems and DRS Optronics with a combination of microdisplay system components and complete display modules. Each TWS system utilizes the Kopin CyberDisplay(R) 640M active matrix liquid crystal display (AMLCD), a ruggedized, industrial grade, monochrome VGA-quality display with 640 x 480 pixel resolution in a 0.38-inch diagonal package. With an operating temperature range of minus 37(degree)C to 65(degree)C in a low-power, durable package, the CyberDisplay 640M is ideal for a broad spectrum of infrared imaging applications. The display module for the TWS consists of the CyberDisplay 640M, backlight and interface/control electronics. The system converts the output from TWS thermal imaging electronics to a high-resolution monochrome image.

About Kopin

Kopin is a leading developer and manufacturer of telecommunications and digital imaging technologies that enhance the delivery and presentation of video, voice and data. The Company has combined advanced AMLCD and integrated circuit technology to produce its CyberDisplay family of award-winning ultra-small, high-density imaging devices for camcorders, digital cameras, next-generation Internet wireless handsets and other consumer and defense electronics. Telecommunication providers are using Kopin's heterojunction bipolar transistor (HBT) wafers in wireless digital phones and high-speed Internet data transmission. For more information, please visit Kopin's Web site at www.kopin.com.

Kopin, CyberDisplay, and the NanoSemiconductor Company are registered trademarks of Kopin Corporation.

Safe Harbor Statement

Statements in this news release that are not historical facts may be considered forward-looking statements as defined in the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements, including those relating to the expected duration and production volume of the TWS-II program, 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 the TWS-II contract could be delayed or cancelled; general economic and business conditions; changes in the flat-panel display industry; the impact of competitive products and pricing; availability of third-party components; viability of integrated circuit fabrication facilities; cost and yields associated with production of the Company's CyberDisplay imaging devices; loss of significant customers; acceptance of the Company's products; continuation of strategic relationships, and the other risk factors and cautionary statements listed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including but not limited to, the Company's Form 10-Q for the three-month period ended July 1, 2006 and Annual Report on Form 10-K for the fiscal year ended December 31, 2005.

Kopin - The NanoSemiconductor Company(R)

CONTACT: Kopin Corporation
Michael Presz, 831-430-0688
VP
mpresz@kopin.com
or
Sharon Merrill Associates, Inc.
Scott Solomon, 617-542-5300
VP
ssolomon@investorrelations.com

SOURCE: Kopin Corporation