NASDAQ: KOPN $ 3.28 +0.02( +0.61%) Volume: 234,780 January 19, 2018 20 min delay

Kopin Retains Genesis Select for Investor Relationship Services

07/06/2010

TAUNTON, Mass.--(BUSINESS WIRE)-- Kopin Corporation (Nasdaq: KOPN - News) the world's leading producer of HBT transistors for smart phones and other mobile devices, and the largest U.S. manufacturer of micro-displays for consumer, industrial and military applications, today announced it has retained Genesis Select Corporation to augment its institutional investor relations program.

Genesis Select will support the Company's efforts to cultivate long-term relationships with the investment community of portfolio managers and analysts by helping Wall Street gain a broader understanding of the Company's growth prospects.

"Genesis Select has demonstrated the ability to generate investor interest in clients as measured by increased institutional ownership and research for their clients over their 11-year history," said Richard Sneider, Kopin's Chief Financial Officer.

"Kopin has a broad diversified portfolio of market leading products, including its market dominant HBT transistor wafers, which are supporting the explosive growth of smart phones because of the ability of these transistors to generate clearer high-frequency signals, consume less power and enable longer talk time," said Budd Zuckerman, President of Genesis Select. "Kopin's "best-in-class" CyberDisplay LCDs have been deployed in over 30 million consumer electronic devices and 100,000 military systems, including helmet-mounted displays, thermal weapon sights and other similar battlefield systems. The Company's momentum also is fueled by the expected introduction next year of its award winning Golden-i(TM) technology, a wireless cloud computing computer headset that offers the resolution of a full size LCD TV in a postage stamp-sized monitor."

"With its market dominant positions in III-V and display products, coupled with its leading-edge Golden-i technology, a pristine balance with over $118 million in cash, no debt, and a patent portfolio of over 200 global patents issued or pending, we believe Kopin is positioned for strong growth ahead. Genesis Select looks to educate the institutional investment community about the Kopin opportunity and the Company's valuation disparity to its peers," added Zuckerman.

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 30 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 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

About Genesis Select

Genesis Select Corporation (www.genesisselect.com) is an independent investment advisory and financial communications firm that specializes in micro through mid-capital public companies. The firm's senior professionals integrate knowledge and expertise gained over 50 years at prominent Wall Street firms. Genesis Select works closely with clients to maximize shareholder value through strategic institutional investor relations and financial communications programs.

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 include statements relating to our position as the world leading supplier of HBT transistors; our position as the largest U.S. manufacturer of micro-displays; our expectation that Genesis Select Corporation will initiate a comprehensive institutional investor relations program; our expectation that Genesis Select will provide an investor relations platform that will enable the company to cultivate long-term relationships with the investment community; our expectation that Genesis Select will help Wall Street gain a broader understanding of the Company's growth prospects; and our belief that our CyberDisplay LCD's are "best in class." These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 26, 2009, and the Company's subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstances occurring after the date of this report.

Kopin - The NanoSemiconductor Company(TM)


    Source: Kopin Corporation