Kopin Announces an Agreement with Olympus to Jointly Develop Ultra-Compact Display Modules for Emerging Headset Market

  Kopin Announces an Agreement with Olympus to Jointly Develop Ultra-Compact
  Display Modules for Emerging Headset Market

Business Wire

TAUNTON, Mass. -- January 7, 2013

Kopin Corporation (NASDAQ: KOPN) announced it has signed an agreement with
Olympus Corporation (TOKYO:7733) to co-develop ultra-compact display modules
for emerging consumer headsets, often referred to as Video Eyewear or Glass,
for computing and communication applications. For comfort and ease of use, the
consumer headsets should be super small and light. The agreement pairs
Olympus, the world leader in very small optics used for medical applications,
with Kopin whose unique high-resolution liquid crystal displays
(CyberDisplay^® products) exhibit extremely high brightness and very low power
consumption.

Mr. Yoichi Iba, senior general manager of Corporate R&D center, Olympus
Corporation, stated, “The key for the success of consumer headsets is to
integrate very compact optics with bright and power-efficient displays. The
unique technologies of Olympus and Kopin are a perfect match for this market.”

Mr. Hideki Tomine, VP of Display Marketing of Kopin, said, “We are at the
threshold of a major technology disruption for ultra-compact optical modules
for this emerging market and we plan for a series of innovative optical module
solutions. Kopin will market these optical modules, with a goal to start
production in 2H 2013.”

About Kopin

Kopin Corporation is developing Golden-i®, a proprietary voice-activated,
cloud computing, wireless, hands-free technology with microdisplay
capabilities for use in headset computers. Kopin’s ultra-small liquid crystal
displays and modules have been used for a range of consumer and military
applications. Kopin’s unique HBTs (heterojunction bipolar transistors), which
help to enhance battery life, talk time and signal clarity, have been
integrated into billions of wireless handsets as well as into WiFi, VoIP and
high-speed Internet data transmission systems. Kopin's proprietary
technologies are protected by more than 200 global patents and patents
pending. For more information, please visit Kopin's website at www.kopin.com
and www.mygoldeni.com.

Kopin, CyberDisplay, Golden-i and The NanoSemiconductor Company are trademarks
of Kopin Corporation.

                    Kopin – The NanoSemiconductor Company™

Safe Harbor Statement

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 statements relating to Olympus and Kopin technology
being a perfect match for the headset market; plans for a series of innovative
module solutions; and a goal to start module production in 2H 2013. These
risks and uncertainties include, but are not limited to: our ability to design
and produce the ultra-compact display module products in volumes and at a cost
sufficient to sell them profitably; customer demand for the ultra-compact
display modules; competitive products and pricing; manufacturing delays,
technical issues, economic conditions or external factors that may prevent the
Company from achieving its forecasts; 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 31, 2011, 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.

Contact:

Kopin Corporation
Richard Sneider, 508-824-6696
Treasurer and Chief Financial Officer
Richard_Sneider@kopin.com
or
Sharon Merrill Associates
Scott Solomon, 617-542-5300
Vice President
kopn@InvestorRelations.com
 
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