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Kopin Celebrates 25 Years of Technology Innovation with Anniversary Event at Gillette Stadium

04/27/2010

TAUNTON, Mass., Apr 27, 2010 (BUSINESS WIRE) --Kopin(R) Corporation (NASDAQ: KOPN), the largest U.S. manufacturer of displays for consumer, industrial and military applications and the world's leading producer of heterojunction bipolar transistors (HBT) for smart phone and other mobile devices, today announced the details of its 25th anniversary celebration, taking place on April 28 at Gillette Stadium in Foxboro, Massachusetts.

The event is expected to be attended by about 300 people, including guests, media, Kopin's customers, suppliers and employees. It will feature keynote speeches by three prominent professors and demonstrations of Kopin's newest technologies. A major highlight will be the unveiling of the world's smallest color WVGA (854 x 480 resolution) liquid crystal display (LCD) of only 0.32 inch diagonal. The beautiful images from these ultra-dense displays will be shown in several 3D video eyewear reference designs, also to be unveiled for the first time. Some of these models will be demonstrated at Kopin's Annual Meeting the following day in Boston.

"Kopin was spun off from Massachusetts Institute of Technology (MIT) in the 1980s with the goal of developing electronic products using the nanotechnology developed at MIT to improve the way people see, hear and communicate," said Dr. John C.C. Fan, Kopin's founder, president and CEO. "Over the past 25 years, our III-V transistors have been integrated into billions of cell phones and our CyberDisplay(R) LCDs into millions of consumer electronics and thermal weapon sights. In the years ahead, we believe that 3D video eyewear with our super-compact displays will set the standard for the mobile viewing experience, and our innovative Golden-i concept, complete with hands-free, voice and gesture commands, will alter the landscape for mobile computing and content access. Our III-V products enhance the wireless communication, and our miniature high-resolution displays are the logical terminals for the mobile devices."

The speakers for the 25th anniversary event include:

  • Professor Willy Shih of Harvard Business School, who will give a talk titled, "25 Years is a Very Long Time: Changing Faces of Innovation"
  • Professor Jagdish Narayan, The John C.C. Fan Family Distinguished Chair in Materials Science at North Carolina State University, who will speak on "Nanotechnology for the Next Generation"
  • Professor Paul Zavracky, Dean of School of Technical Entrepreneurship at Northeastern University, who will discuss "Invention and Innovation: Insight from the Early Kopin Years"

Kopin also will feature its newest technologies, including:

  • 3-D video eyewear reference designs showcasing three concepts: goggle-style and headset-style eyewear units, which are connected to Apple's iPod Touch, and an all-in-one eyewear unit with video input from SD card without the need to connect to an external device. All of the reference designs incorporate the world's smallest 0.32"-diagonal WVGA AMLCDs with color dot size of only 2.8 x 8.4 um, which is about 45 percent smaller than Kopin's new "shrink" VGA and WVGA displays, which began volume production this month. Volume production of this new ultra-compact 0.32"-diagonal display is scheduled to begin in 2011.
  • Golden-i - a revolutionary new concept in hands-free mobile computing. Golden-i combines a 3-ounce Bluetooth headset computer with a near-eye, 15-inch virtual display. Using natural speech recognition and gesture sensing, it provides users with hands-free, spontaneous wireless access to virtually any information in the world - including digital information, Internet services and broadcast programming, including real-time, full-color high-resolution streaming video. Users of the Golden-i device can control as many as seven independent devices or networks simultaneously - PCs, mobile phones, company servers and more.
  • New custom eyepiece solutions based upon the new CyberDisplay(R) 640M LVR microdisplay, an ultra-low-power active matrix liquid crystal display (AMLCD) with near instant-on capability. This standard eyepiece product has been fully qualified in the U.S. Army's Thermal Weapon Sight Bridge (TWS-IIB) program on an array of weapons.
  • HBT and Bi-HEMT product wafers that serve as the foundation for advanced power amplifier (PA) circuits, utilized in not only today's leading cell phones and Smartphones but in a wide variety of other wireless devices such as eBooks, Tablet PCs, mobile Internet devices and Smart Meters

At the event, Kopin will present a $20,000 donation each to the police department and fire department of Taunton, Massachusetts, home to Kopin's headquarters and manufacturing facilities.

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 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, CyberDisplay, 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, including without limitation, statements made relating to: the expectation that the event will be attended by about 300 people including guests, media, Kopin's customers, suppliers and employees; the belief that 3D video eyewear with our super-compact displays will set the standard for the mobile viewing experience, and our innovative Golden-i concept, complete with hands-free, voice and gesture commands, will alter the landscape for mobile computing and content access; and expectation that the Company's miniature high-resolution displays are the logical terminals for the mobile devices.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: no growth in or a decline in the rate of growth of the markets we sell our products into, demand for our products declines, operational, marketing, technical or other issues prevent us from selling products; manufacturing, marketing or other issues that may prevent either the adoption or rapid acceptance of our products; competitive products and pricing; the risk that new product initiatives and other research and development efforts may not be successful; the loss of significant customers; the potential that costs to produce the Company's microdisplay technology will increase significantly, or that yields will decline; the potential that military programs involving Kopin's products will be delayed or cancelled; the potential that the Company's military customers might be unable to ramp production volumes of their products; manufacturing delays, technical issues, economic conditions or external factors that may prevent the Company from achieving its forecasts; and other 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(R)

SOURCE: Kopin Corporation

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