Breakthrough 0.95-Inch Display using Wide-Temperature Range Ferroelectric Liquid Crystal

WESTBOROUGH, Mass. –
Kopin Corporation (NASDAQ: KOPN), a leading provider of innovative wearable computing technologies and solutions, today announced that its wholly-owned subsidiary Forth Dimension Displays (ForthDD) has developed a new WQHD (2560 x 1440 resolution) full-color Ferroelectric Liquid Crystal on Silicon (FLCOS) display for use in extreme temperature and shock environments. The new display incorporates ForthDD’s proprietary Wide Temperature Range Ferroelectric Liquid Crystal (WTR FLC) material to operate over extended temperature ranges, which enables it to be used in a variety of previously unsupported rugged applications such as automotive, defense and avionics.

“FLCOS displays provide superior fill factor, color purity, and fast switching speeds which produces very high quality imagery, but historically ferroelectric liquid crystals have been restricted to limited temperature range applications,” said Greg Truman, Forth Dimension Displays’ Managing Director. “The breakthrough provided by our WTR FLC performance together with the very high resolution of the our WQHD display allows us to support resolutions that exceed the limits of our Active Matrix Liquid Crystal Displays (AMLCD) and brightness levels that exceed the capability of Organic Light Emitting Diode displays (OLEDs). The innovation provided by our WTR FLC, which has passed environmental and reliability tests, opens up many new applications and markets including high volume US defense product applications.”

The WQHD display with 8.2-micron pixels utilizes ForthDD’s patented Time Domain Imaging (TDI™) technique to produce superior full color imagery and no perceptible motion artifacts. The specialized ultra-fast ForthDD FLCOS overcomes the motion artifacts of standard Liquid Crystal on Silicon (LCOS) displays. The display is available as a stand-alone item for integration with a customer’s system or is supplied as a Board Level Product with fully integrated driver and optional illumination subsystem. WQHD displays have now been fully tested and are undergoing system qualification with the first defense customer as a part of fully integrated Kopin display systems, which incorporate the display with Kopin electronics, optics and system packaging elements.

“The availability of the new WQHD display gives us another microdisplay technology in our defense and enterprise product offerings and is ideal for use in systems needing cutting-edge high resolution and bright full color video images without color breakup,” said Bill Maffucci, Kopin’s Vice President/General Manager of Government and Professional Products. “The unique WQHD display is an excellent complement to our AMLCD displays which are primarily for soldier centric systems. As a result, it provides Kopin with the opportunity to open up new markets such as ground vehicle platforms. These market segments have been largely supported by CRT technology and represent a significant potential growth area facilitated by the new WQHD display.”

About Forth Dimension Displays Limited (ForthDD)

Forth Dimension Displays has been a wholly owned subsidiary of Kopin Corporation (NASDAQ:KOPN) since its acquisition in January 2011. Based in Dalgety Bay, Scotland, UK, the company focuses on the design, development, manufacture and sale of leading edge high resolution Ferroelectric Liquid Crystal on Silicon (FLOCS) microdisplays and SLMs for professional and technical markets. Details on ForthDD’s website at www.forthdd.com

About Kopin

Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for military, industrial and consumer products. Kopin’s technology portfolio includes ultra-small Active Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon (LCOS) displays and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com.

Forward-Looking Statements

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 belief that the breakthrough provided by the WTR FLC opens up many new applications and markets including high volume US defense product applications such as ground-transport and armored vehicle platforms; and that these market segments represents a significant potential growth area facilitated by the new WQHD display. 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 28, 2019, or as updated from time to time in the Company’s Securities and Exchange Commission filings.

Forth Dimension Displays

Greg Truman, +44 (0) 1383 827 950

Managing Director

gtruman@forthdd.com

Kopin Corporation

Bill Maffucci, 508-870-5959

VP/GM of Government and Professional Products

bmaffucci@kopin.com

Richard Sneider, 508-870-5959

Treasurer and Chief Financial Officer

Richard_Sneider@kopin.com

or

Market Street Partners

Joann Horne, 415-445-3233

JHorne@marketstreetpartners.com