Eric Whitman Brings Significant High-Tech Expertise to Newly Created Position
WESTBOROUGH, Mass. –
Kopin Corporation (NASDAQ:KOPN), a leading developer of innovative wearable computing technologies and solutions, today announced that Eric Whitman has joined the Company in the newly created position of Vice President of Operations. In this role, Whitman will be responsible for increasing productivity and efficiency across the business, including logistics, manufacturing and procurement. Whitman will report to Kopin’s CEO, Dr. John Fan.
Eric Whitman brings extensive experience gained from positions at several Aerospace, Defense and technology companies. He career started at Intel as a shift manager at Fab 17 in Hudson Massachusetts, and he moved on to Raytheon where he rose to Director of Operations, Integrated Defense Systems, where he managed manufacturing, engineering processing and strategy, with an emphasis on increasing efficiency and profitability. Most recently Whitman was COO at Web Industries where his primary focus was on establishing and executing an operational strategy to scale Web’s business systems in anticipation of rapid growth across eight manufacturing plants in the US and Europe. Previous experiences as a Division Leader at Draper, and VP of Operations at Bodycote strengthened key skills in manufacturing and engineering leadership, establishing continuous improvement cultures, and the optimization of business systems and technology. All of these positions benefited from Whitman’s experience as a Lieutenant Commander in the US Navy, where he logged over 1000 hours in the SH-60B Seahawk Helicopter. Whitman is a graduate of the US Naval Academy with a BS in Aerospace Engineering. He also holds an MS from the Massachusetts Institute of Technology in Engineering and Management.
“We are very excited and fortunate to be able to attract someone with Eric’s impressive background and skills,” said Dr. John C.C. Fan, CEO and President. “With our F-35 Joint Fighter and FWS-I in production and a number of other programs we expect to go into production over the coming years Eric will be critical in managing our production ramp. He has a great blend of skills including moving development programs to production, commercial fab management and understanding the demands of today’s military, all while increasing efficiency and profitability.”
Kopin Corporation is a leading developer and provider of innovative wearable technologies and critical components for integration into wearable computing systems for military, industrial and consumer products. Kopin’s technology portfolio includes ultra-small displays, optics, speech enhancement technology, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com.
Statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the safe harbor created by such sections. Words such as “expects,” “believes,” “can,” “will,” “estimates,” and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such “forward-looking statements,” which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to: our expectation that a number of other military programs will go into production over the coming years; and our belief that Eric will be critical in managing our production ramp. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management’s expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 29, 2018, as amended by Amendment No. 1 thereto on Form 10-K/A filed on November 7, 2019 or as updated from time to time in the Company’s Securities and Exchange Commission filings.
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Richard Sneider, 508-870-5959
Treasurer and Chief Financial Officer
Market Street Partners
Joann Horne, 415-445-3233