Forth Dimension Displays To Supply Leading Chinese Inspection
Equipment Manufacturer
Kopin Corporation (NASDAQ: KOPN),
a leading developer of innovative wearable computing technologies and
solutions, announced that its wholly owned subsidiary, Forth Dimension
Displays Limited, (ForthDD), has entered into an agreement with JUTZE
Intelligence Technology Co., Ltd. (JUTZE) to provide displays for their
Mirage series of 3D SPI (Solder Paste Inspection) equipment.
ForthDD is a manufacturer of Spatial Light Modulators (SLMs) designed
specifically for the 3D SPI, 3D AOI and 3D metrology markets. JUTZE is a
leading Chinese inline inspection equipment manufacturer.
Published market research reports forecast that the AOI (Automated
Optical Inspection) market (which includes the SPI market) will grow by
approximately 16% annually from $350M in 2015 to $1.35B in 2024, with
the market in 2023 being more than twice the size of that in 2018. The
Asia Pacific region is forecast to have the most systems deployed.
SLMs are a key component of 3D SPI equipment. The SLM is used to project
structured light onto the PCB being measured by the 3D SPI machine. The
ability to use 3D SPI to measure solder paste in all three dimensions,
on every PCB in real time, enables companies to improve yields and
product quality while reducing wastage and cost. ForthDD’s SXGA is a
fast switching, all digital, high performance reflective Spatial Light
Modulator (SLM) product. Designed for inline 3D inspection applications,
the widely used SXGA-3DM and newly released smaller form factor SXGA-R12
and M137 LED driver features the industry proven SXGA (1280 x 1024) Time
Domain Imaging™ display with a 3D metrology specific display drive
interface.
Karl Yang, CEO of JUTZE said, “JUTZE already has a proven position in
the market for inline inspection equipment, and partnering with a
leading high performance component supplier like ForthDD will enable us
to strengthen our position in the 3D SPI market not only in China, but
also in other East Asian markets, as well as Europe and the USA.”
Greg Truman, CEO of ForthDD said, “The market for 3D inline inspection
machines is growing rapidly around the globe. ForthDD has a very strong
position in the market, supplying leading manufacturers in Germany,
Japan and South Korea for both 3D SPI and 3D AOI applications. ForthDD
is developing a similarly strong position supplying Chinese 3D SPI and
3D AOI machine manufacturers, and this agreement to supply a leading
manufacturer like JUTZE is another indication of our successful
expansion into China.”
About Kopin
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, voice-interface 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.
About Forth Dimension Displays Limited
Forth Dimension Displays has been a wholly owned subsidiary of Kopin
Corporation since its acquisition in January 2011. Based in Fife,
Scotland, UK, the company focuses on the design, development,
manufacture and sale of microdisplays and SLMs (Spatial Light
Modulators) for professional and technical markets. One of its major
markets is the 3D inspection of SMT PCBs where it supplies its SXGA-3DM
SLM product to market leading customers in South Korea, Japan, Germany
and now, with JUTZE, in China. It has also announced collaborations with
iView (PRC) and Lumaxis (USA) where they will develop standard 3D AOI
optimized Structured Light Projector modules for customers in these
markets.
About JUTZE Intelligence Technology
JUTZE Intelligence Technology Co. LTD is a subsidiary of JUTZE Group of
Suzhou, PRC. JUTZE Intelligence Technology is a professional visual
inspection equipment manufacturer. Founded in 2007, and with its
innovative vision inspection technology, JUTZE Intelligence Technology
soon became one of the industry leaders in the Chinese inspection
market. The company’s product range includes AOI (Automated Optical
Inspection) and SPI (Solder Paste Inspection) machines for SMT lines,
Inline LED inspection equipment and Laser Markers.
Forward-Looking Statements
Statements in this press 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 belief thatthe market for 3D inline
inspection machines is growing rapidly around the globe; ForthDD has a
very strong position in the market and is supplying leading
manufacturers in Germany, Japan and South Korea for both 3D SPI and 3D
AOI applications; that ForthDD is developing a similarly strong position
supplying Chinese 3D SPI and 3D AOI machine manufacturers;and
this agreement to supply a leading manufacturer like JUTZE is another
indication of our successful expansion into China. 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, thatthe market for 3D inline inspection machines may not
grow around the globe; ForthDD may not have and may not develop a very
strong position in the market in Germany, Japan and South Korea for both
3D SPI and 3D AOI applications; ForthDD may be unable to develop a
strong position supplying Chinese 3D SPI and 3D AOI machine
manufacturers;we may not be successful in our expansion into
China; and other risk factors and cautionary statements listed in
Kopin’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 31, 2017, and Kopin’s
subsequent filings with the Securities and Exchange Commission. You
should not place undue reliance on any forward-looking statements, which
are based only on information currently available to Kopin and only as
of the date on which they are made. We undertake no obligation to update
any of these forward-looking statements to reflect events or
circumstances occurring after the date of this release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181119005038/en/
Marketing
Forth Dimension Displays Limited
Dr. Henning Molsen,
49 (0) 3063 923 114, Sales@forthdd.com
For Investor Relations
Kopin Corporation
Richard Sneider,
Treasurer and Chief Financial Officer, 508-870-5959, rsneider@kopin.com
Market Street Partners
Joann Horne, 415-445-3233, JHorne@marketstreetpartners.com