Kopin Corporation Hires Director of Business Development for Defense Applications

06/22/16

Position Created to Address Expanding Interest in Kopin’s Technology

Kopin
Corporation
(NASDAQ:KOPN) a leading developer of innovative wearable
computing technologies and solutions, today announced the hiring of Mr.
Harry Buchanan as the Company’s Director of Business Development,
focusing on emerging applications in the defense market and reporting to
Mr. Bill Maffucci, Vice President/General Manager – Government Programs.

Buchanan is an industry veteran, with more than 24 years experience
working with defense contractors in engineering, program management and
business development roles. His background includes extensive experience
in the development and production of wearable, hand-held and
rifle-mounted night vision systems, as well as optics for a variety of
head-mounted and hand-held surveillance and targeting systems.

“Kopin has long been a leader in supplying the US military with displays
and imaging systems for the most advanced soldier systems in the world,”
said Dr. John C.C. Fan, CEO of Kopin. “With our newest technology
including high-brightness AMLCD-based solutions, outstanding reliability
and consistent delivery performance, Kopin’s solutions are enjoying
increased interest across the defense industry. The addition of Harry
Buchanan, with his extensive experience in the defense industry, to this
newly created position on the Kopin team will enhance our ability to
expand our products into new generations of weapon systems.”

Mr. Buchanan has worked on night vision systems since 1992 at ITT, with
his last position as Business Development Manager for all of ITT Exelis’
Army and Marine Corps business. Most recently Buchanan was the North
American Business Development Manager for Excelitas Technologies,
representing their Qioptiq Division’s optics product line. Mr. Buchanan
holds a B.S. in Engineering from Virginia Polytechnic Institute.

“Leveraging its position as the leading micro-display provider to the US
military for over 25 years, the transformation of the battlefield to one
of networked digital systems is creating significant new opportunities
for Kopin,” said Harry Buchanan. “Kopin’s industry leading
high-brightness AMLCD displays, coupled with strong capabilities in
optics, electronics and mechanical packaging for man-portable and
wearable display products, uniquely positions Kopin to address these
expanding opportunities.”

About Kopin

Kopin Corporation is a leading developer and provider of innovative
wearable technologies and solutions for integration into head-worn
computing and display systems to military, industrial and consumer
customers. Kopin’s technology portfolio includes ultra-small displays,
optics, speech enhancement technology, system and hands-free control
software, low-power ASICs, and ergonomically designed smart headset
reference systems. Kopin’s proprietary components and technology are
protected by more than 300 global patents and patents pending. For more
information, please visit Kopin’s website at www.kopin.com.

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 include, without limitation,
statements relating Kopin’s solutions seeing increased interest across
the defense industry; the transformation of the battlefield to one of
networked digital systems is creating significant new opportunities for
Kopin; and Kopin’s industry leading high brightness AMLCD displays,
coupled with strong capabilities in optics, electronics and mechanical
packaging for man-portable and wearable display products uniquely
positions Kopin to address these expanding opportunities. 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: the increased interest in Kopin’s
solution may not result in sales of Kopin products; Kopin may not be
able to take advantage of the opportunities created by the
transformation to network digital systems; Kopin may not be able to take
advantage of the expanding opportunities resulting from its strong
capabilities; Kopin may win contract awards by defense customers but the
government may not fund this contract awards, existing contracts may not
be funded or they may be cancelled; 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, 2015, 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 Corporation
Richard Sneider, 508-870-5959
CFO
rsneider@kopin.com
or
Bill
Maffucci, 831-430-0688
VP/GM Government Programs
bmaffucci@kopin.com