NASDAQ: KOPN $ 3.44 -0.14( -3.91%) Volume: 646,621 June 15, 2018 20 min delay

Kopin Provides Licenses, Components to Fujitsu’s New Smart Headset

05/12/2015

Fujitsu Head-Mounted Display for Enterprise Begins Selling in Japan

WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Kopin® Corporation (NASDAQ: KOPN), a leading developer of innovative wearable computing technologies and solutions, announced today that it has licensed certain wearable technologies and is supplying key components to the FUJITSU IoT Solution UBIQUITOUSWARE Head-Mounted Display, for enterprise customers. The HMD unit, which is based on Kopin’s latest concept system design and began sales in Japan on May 11, incorporates Kopin’s display module, optics, Voice ExtractionTM Filter (VEF) technology and software.

“We at Fujitsu are really pleased to have worked with Kopin in our Head-Mounted Display development,” said Ms. Kaoru Chujo, Vice President in charge of advanced technologies for the Ubiquitous Products Business Group, Fujitsu Limited. “We appreciate the strong support provided by Kopin’s engineers during our development process. Kopin’s concept design and engineering support facilitated a very fast development time for this product.”

“We are extremely pleased to have contributed to the industrial HMD Fujitsu has developed with our advanced display, optical, software and audio technologies,” said Dr. John C.C. Fan, Kopin’s President and Chief Executive Officer. “We believe that the combination of Kopin’s advanced HMD technology and Fujitsu’s Human-Centric technology has created a revolutionary, market leading HMD system. The Fujitsu Head-Mounted Display product has a wide range of potential business applications, such as equipment maintenance and repair, and we look forward to working with Fujitsu in exploring all of these opportunities.”

The Fujitsu Head-Mounted Display has a monocular display pod containing Kopin’s WVGA display (854 × 480 resolution), a camera, two microphones, and various sensors. The unit can be operated with a wearable keypad (included) or by voice using Kopin’s patented robust VEF Technology that enables extremely high speech recognition rates in noisy environments. The unit has rugged construction with water-resistant (IPX5/7) and dust-resistant (IP5X) ratings, so it can be used with confidence in challenging environments, including the outdoors. For infrastructure inspections or assembly work at a factory, the unit allows for hands-free task support in the form of still pictures, video, and audio for safer and more accurate execution. It also allows for remote support of trainees, allowing fewer operators on site while helping less-experienced operators improve their productivity.

About Kopin

Kopin Corporation is a leading developer of innovative wearable computing technologies and solutions. Kopin’s technology portfolio includes ultra-small displays, optics, speech enhancement technology, software, low-power ASICs, and ergonomically designed smart headset concept systems. Kopin’s proprietary components and technology are protected by close to 300 global patents and patents pending. For more information, please visit Kopin’s website at www.kopin.com.

Kopin and Voice Extraction are trademarks of Kopin Corporation.

Forward-Looking Statements

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 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 following: we may not be able to deliver the core components to Fujitsu to meet the quality requirements; we may not receive meaningful order of our components from Fujitsu; 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 27, 2014, 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.

Source: Kopin Corporation

Kopin Investor Relations

Richard Sneider, (508)-870-5959

CFO

rsneider@kopin.com

or

Kopin Business Development

Paul Baker, (508)-870-5959

Vice President

pbaker@kopin.com

or

Kopin Japan

Hideki Tomine, (81)-3-5325-3549

Vice President of Display Marketing and General Manager of Kopin Japan

htomine@kopin.com

or

Investor Relations

Market Street Partners

JoAnn Horne, (415)-445-3233

JHorne@marketstreetpartners.com