Kopin Develops Innovative NanoJet Process for Micro LCDs to Serve Emerging AR and VR Markets

02/05/15

NanoJet Process to be Applied to Mass Production of Wearable Products

Kopin® Corporation (NASDAQ: KOPN), a leading developer of
innovative wearable computing technologies and solutions, announced that
it has developed a revolutionary NanoJet process for its liquid crystal
cell assembly. The NanoJet process releases tiny drops of liquid crystal
material with greater precision (variation within a few nano grams) and
provides for a purer, better controlled and very uniform layering of the
liquid crystal material in the fabrication of displays, resulting in
superior image quality and higher brightness.

“The patent-pending Nanojet process developed at Kopin is optimized for
microdisplays with tiny pixels required for augmented reality (AR) and
virtual reality (VR) applications,” said Dr. John C.C. Fan, President
and CEO of Kopin Corporation. ”This process improves the display
performance and reduces the cost to manufacture the display. The Nanojet
process can be used in the manufacture of both our transmissive
Cyberdisplay® and reflective LCOS displays. We are qualifying
the NanoJet process and expect a tier-one customer to introduce in
coming months a wearable product which includes a display manufactured
using the Nanojet process. It is our intention to apply this superior
process to many of our current products where ever possible.”

Advantages of the NanoJet process include:

  • Maintenance of purity of the liquid crystal in the display fabrication
    process
  • Excellent control of cell gap and cell gap uniformity across the wafer
    and within each display, even for large (~1″ diagonal) high-resolution
    microdisplays for VR without the use of posts inside the display
  • Reduced display cost due to higher manufacturing yield and less liquid
    crystal material usage

Display performance improvements include:

  • Superior image quality
  • Much higher display brightness: in excess of 10,000 nits for
    full-color displays with tiny pixels (3 x 9 μm) typically needed for
    smart headsets.
  • Increased high temperature operating range

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 more than 200 global patents and patents pending. For more
information, please visit Kopin’s website at www.kopin.com.

Kopin and CyberDisplay are registered 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 include, without limitation,
statements relating to our plans to use the NanoJet process in the
manufacture of our displays and our expectation that a tier-one customer
will introduce in coming months a wearable product which includes a
display manufactured using the Nanojet process.
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 receive a patent for the Nanojet process;
the Nanojet process may not get qualified; our customers may not want
displays made with the Nanojet process; the tier 1 customer may not
introduce a product with a display manufactured using the Nanojet
process; wearable eyewear may not be adopted by consumers; the Company’s
products
may not be accepted by the market place; there may be
issues that prevent the adoption or further development of the Company’s
wearable products using the Nanojet process;
manufacturing,
marketing or other issues may prevent either the adoption or acceptance
of Nanojet process; 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 28, 2013, 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 Investor Relations
Richard Sneider, CFO, 508-870
5959

rsneider@kopin.com
or
Kopin
Sales & Marketing

Stuart Nixdorff, Senior Vice
President, 508-341-9118

stuart_nixdorff@kopin.com
or
Investor
Relations

Jacob Moelter, Market Street Partners, 415-445-3235
JMoelter@marketstreetpartners.com