Kopin Unveils High-Brightness Breakthrough for Lightning OLED Microdisplays and Debuts New 720p Resolution 0.5″ OLED Display at CES 2018

01/05/18

New Display Designed into “Eagle” Mobile Theater

Kopin
Corporation
 (Nasdaq: KOPN), a leading provider of wearable
technologies for mobile virtual reality, augmented reality and wearable
computing systems, will demonstrate its high-brightness Lightning organic
light emitting diodes (OLED) microdisplays including its new 720p
resolution (1280 x 720) OLED display at CES 2018. Kopin’s Lightning 720p
OLED microdisplay is 0.49-inch diagonal size, has high brightness of
over 1000 nits and has low power consumption.

“We are pleased with the rapid progress in our OLED displays,” said
Dr. John C.C. Fan, Kopin’s president and CEO. “Using our proprietary
backplane technology and the efforts of our OLED foundry partner
Olightek, we have made significant brightness improvements in a very
short period of time. We introduced our first OLED microdisplay on
silicon, 2k x 2k Lightning display, at last year’s CES and it generated
tremendous enthusiasm among the VR community. Now we introduce a new
720p display for mobile entertainment applications and we are excited
that our partner Pico Interactive has already designed it into the
‘Eagle’ Mobile Theater, a CES 2018 Innovation Awards Honoree.”

In addition to the technical advances, establishing mass production to
meet the demands for high volume consumer and enterprise applications is
well underway. With OLED partner Yunnan OLiGHTEK Opto-electronics
Technology Co. Ltd. (Olightek), Kopin expects to begin production of the
Lightning OLED displays in 2Q this year using a new state-of-the-art
OLED deposition system, which was co-funded by both companies.
Additionally the joint venture with BOE Technology Group Co. Ltd. and
Olightek has already secured land in Kunming, China and is ready to
start construction of the world’s largest OLED on silicon factory.

Kopin’s patented Lightning’s architecture has very unique features —
much higher frame rate, lower power consumption and better image
uniformity. The power consumption for the 720p display backplane running
at 60 Hz is less than 40 mW.

Experience Kopin’s OLED Microdisplay at CES 2018

To schedule a private meeting at Kopin’s CES 2018 suite at The Palazzo,
please contact Kopin at events@kopin.com.

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.

Kopin and Lightning are trademarks of Kopin Corporation.

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 establishing production to meet the demands for
high volume consumer and enterprise applications is well underway and
with OLED partner Yunnan OLiGHTEK Opto-electronics Technology Co. Ltd.
(Olightek), Kopin expects to begin production of the Lightning OLED
displays in 2Q this year. 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: there may
be issues which delay or stop production efforts; there may not be
demand for consumer or enterprise applications; our partner Yunnan
OLiGHTEK Opto-electronics Technology Co. Ltd. (Olightek) may not be able
to begin production of the Lightning OLED displays in 2Q this year
; the
Lightning OLED displays may not be cost competitive or adopted by
customers; there may be manufacturing issues in producing our OLED
displays; 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, 2016, 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.

Kopin Media Contacts:
Lightspeed PR
Michael Farino, 949-346-1984
Michael@lightspeedpr.com
or
For
Investor Relations

Kopin Corporation
Richard Sneider, 508-870-5959
Treasurer
and Chief Financial Officer
rsneider@kopin.com
or
Market
Street Partners
Joann Horne, 415-445-3233
JHorne@marketstreetpartners.com