Kopin Secures Follow-On Orders for Joint Strike Fighter

04/27/15

High Performance HMD Powered By Kopin AMLCDs

Kopin® Corporation (NASDAQ: KOPN), the largest U.S.
manufacturer of display systems for mobile consumer and military
applications, today announced it has received $1.8M in follow-on
production orders for high brightness SXGA displays in support of the
F-35 program. These orders, to be fulfilled over a fifteen-month period,
support continued deliveries of the F-35 Helmet Mounted Display System
(HMDS) by Rockwell Collins.

(Photo: Business Wire)

(Photo: Business Wire)

“These follow-on orders from Rockwell Collins support two initial
production phases (LRIP 7 & 8) and are a testament to the quality,
performance and reliability of our display products,” said President and
Chief Executive Officer Dr. John C. C. Fan. “As you would expect, the
system requirements for such a helmet are very demanding and Kopin’s
SXGA, which is based on our new 8 inch wafer process and NanoJet
technology, was chosen to as an integral part of the F-35 HMDS.”

The F-35’s Helmet Mounted Display System provides pilots with
unprecedented situational awareness. All the information pilots need to
complete their missions – airspeed, heading, altitude, targeting
information and warnings – is projected on the helmet’s visor, rather
than on a traditional Heads-up Display. This approach greatly reduces
the pilot’s workload and increases responsiveness. Additionally, the
F-35’s Distributed Aperture System (DAS) streams real-time imagery from
six infrared cameras mounted around the aircraft to the helmet, allowing
pilots to “look through” the airframe.

“Our high brightness (>5,000fL) display is used during all operational
conditions, including bright daytime conditions,” stated Bill Maffucci,
the Company’s Vice President of Government Programs. “The proven
performance and reliability and low life-cycle cost of our AMLCD
products, especially in high brightness overlay applications are
unsurpassed. We enjoy a strong relationship with Rockwell Collins and
expect increased demand well beyond the current orders.”

About Kopin

Kopin Corporation is a leading developer and provider of innovative
wearable technologies and solutions. Kopin’s technology portfolio
includes ultra-small displays, optics, speech enhancement technology,
software, low-power ASICs, and ergonomically designed headset computing
systems. Kopin’s proprietary components and technology are protected by
more than 200 global patents and patents pending. For more information,
please visit Kopin’s website at www.kopin.com.

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 the
$1.8M
in follow-on production orders for high brightness SXGA displays are to
be fulfilled over a fifteen-month period and our expectation of
increased demand well beyond the current orders. 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 U.S. military may cancel the orders; 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 the Company’s military customers might be
unable to ramp production volumes of their products; either Kopin or
Rockwell Collins may terminate its relationship with the other company;
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.

Kopin Visual Products Group
Bill Maffucci, 831-430-0688
Vice
President Government Programs

bmaffucci@kopin.com
or
Investor
Relations

Richard Sneider, 508-824-6696
CFO
rsneider@kopin.com
or
JoAnn
Horne, 415-445-3233

jhorne@marketstreetpartners.com