NASDAQ: KOPN $ 3.56 -0.07( -1.93%) Volume: 287,705 March 20, 2018 20 min delay

Olympus Selects Kopin's Electronic Viewfinder for the World's First Ultra-Wide Optical Zoom Camera


TAUNTON, Mass.--(BUSINESS WIRE)--March 28, 2007--Olympus Imaging Corporation, one of the world's leading camera manufacturers, has selected the electronic viewfinder (EVF) from Kopin(R) Corporation (NASDAQ: KOPN) for its new SP-550 UZ, the first ultra-wide (18x) optical zoom digital camera, Kopin announced today. International retail shipments of the 7.1 Megapixel SP-550 UZ began last month. The suggested retail price is $499.99.

· Olympus Selects Kopin's Electronic Viewfinder for the World's First Ultra-Wide Optical Zoom Camera
"Because of the ultra-wide zoom capability of our new camera, Olympus needed an EVF solution that would provide users with the viewing precision required throughout the entire range of the optical zoom," according to Olympus. "For photographers, the benefits of the Kopin EVF are crystal clear. The display produces a brilliant, natural color, distortion-free image and video capture, regardless of lighting conditions. We know that amateur and experienced photographers alike will be delighted with how this EVF complements the many advance features of our new camera."

The SP-550 UZ's focal length extends from 28 to 504mm (35 mm camera equivalent), enabling photographers to get up close and personal with their subjects, even when they are shooting from a distant vantage point. The new Olympus model also offers the highest burst rate of any compact digital camera, shooting at super fast 15 frames per second. Other advanced features of the SP-550 UZ are Dual Image Stabilization that eliminates blur, Pre-Capture technology to capture anything that moves, and Bright Capture Technology that allows to shoot in low light without a flash.

The CyberEVF 230K incorporates in a single module all the EVF components an OEM requires: a full-color microdisplay with QVGA (320 x 240) resolution, ultra-thin backlight, optics, and housing with an easy-to-use focusing mechanism. This complete EVF solution enabled Olympus to shorten the design time for its new SP-550 UZ and reduce the assembly cost.

"With a history that spans nearly 90 years, the Olympus brand has achieved global appeal through consistent innovation and enduring quality," said Dr. John C.C. Fan, Kopin's president and chief executive officer. "We are delighted about the opportunity to partner with a company that, like our own, is driven by an unyielding commitment to excellence. Our relationship with Olympus represents another milestone in our goal to make the CyberEVF the EVF standard for the newest generation of high-zoom, high-resolution cameras."

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 range 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

Kopin, CyberDisplay and The NanoSemiconductor Company are trademarks of Kopin Corporation.

This news release about Olympus cameras contains forward-looking statements made under "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to: Kopin's goal of making CyberEVF as the EVF standard for the newest generation of high-zoom, high-resolution cameras. These statements involve a number of risks and uncertainties that could materially affect future results. Among these risk factors are changes in general economic and business conditions; the potential that Kopin will be unable to achieve specified product manufacturing requirements or to meet development schedules; the impact of competitive products and pricing; difficulty in obtaining third-party components; the potential consequences surrounding any findings relating to the Company's special committee's ongoing internal review of stock option granting practices; uncertainty of results of pending civil litigation related to Kopin's stock option grant practices; the potential for further delays related to the Company's regulatory filings; general economic and business conditions; changes in business conditions within the wireless component industry; the impact of competitive products and pricing; availability of third-party components; and other risk factors and cautionary statements listed in Kopin's periodic reports and registration statements filed with the Securities and Exchange Commission. These include, but are 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.

CONTACT: Kopin Corporation Hideki Tomine, VP 831-430-0688 or RDW Group, Inc. Dave McDermitt, VP 401-521-2700 SOURCE: Kopin