Eyelit’s Award-winning Integrated Manufacturing Execution (MES) Software Selected by eMagin, the Leading Manufacturer of OLED

  Eyelit’s Award-winning Integrated Manufacturing Execution (MES) Software
  Selected by eMagin, the Leading Manufacturer of OLED Microdisplays

Eyelit’s MES will help eMagin better streamline manufacturing of back-end
display technologies

Business Wire

TORONTO -- February 21, 2013

Eyelit Inc., a manufacturing software provider for visibility, control, and
coordination of manufacturing operations for the aerospace & defense, discrete
electronics, semiconductor, and photovoltaic (solar) industries, announced
today that eMagin Corporation (NYSE MKT: EMAN), the leader in Active-Matrix
Organic LED (AMOLED) manufacturing, has selected Eyelit MES™ to further
optimize production efficiency at its manufacturing facility located in IBM
Microelectronics Division’s fab in Fishkill, New York.

The deployment of Eyelit MES is intended to help eMagin realize the following
benefits of production efficiency:

  *Reduce production costs by increasing manufacturing yield
  *Lower fixed costs through reduced cycle time
  *Ramp production rapidly to meet customer demand
  *Protect proprietary technology and processes

“Eyelit’s solution provides us with product traceability and precise
manufacturing controls for our complex processes that combine semiconductor
and display technologies for our microdisplay business,” stated John Coleman,
Director of Manufacturing for eMagin. “Eyelit’s MES enables flexible
configuration to manage our entire spectrum of processes with stringent
enforcement of tight specifications. The implementation will help us to
configure processes quickly with WIP tracking to improve visibility, and to
phase in higher-level functions such as SPC and equipment management. The
system can be rapidly implemented, without having to write code, and will be
locally maintained by a small internal team without the need for external
consultants.

“eMagin’s production volumes are expected to significantly increase
year-over-year,” Coleman continued. “We were looking for a solution that
combines our front-end wafer fab and the back-end semiconductor packaging and
test operations. Eyelit’s capabilities will help us to improve efficiency as
we continue ramping production to keep pace with the ever-increasing demand
for a great variety of state-of-the-art microdisplays and virtual imaging
electronics.”

“We are excited to partner with eMagin and help the company maximize
productivity in its semiconductor and display manufacturing,” stated Dan
Estrada, Vice-President of Sales and Marketing for Eyelit. “The global OLED
market is forecast to expand at a compound annual growth rate of about 40%
over the next 5 years. Eyelit’s advanced technology MES is a flexible and
cost-effective solution to help OLED manufacturers with innovative products to
seize market opportunities. With industry-leading functionality for both
front-end and back-end semiconductor operations, as well as other types of
precision electronics like digital imaging and display, our customer base has
been rapidly expanding with more facilities that specialize in technologies
such as OLED, CCD, MEMS, and photovoltaics.”

About eMagin Corporation

A leader in OLED microdisplay technology, OLED microdisplay manufacturing
know-how and mobile display systems, eMagin manufactures high-resolution OLED
microdisplays and integrates them with magnifying optics to deliver virtual
images comparable to large-screen computer and television displays in
portable, low-power, lightweight personal displays. eMagin microdisplays
provide near-eye imagery in a variety of products from military, industrial,
medical and consumer OEMs. More information about eMagin is available at
www.emagin.com.

About Eyelit Inc. (www.eyelit.com)

Eyelit Inc. is the leader in Manufacturing Execution and Quality Management
(MES and QMS) solutions for visibility, control, and coordination of
manufacturing operations for the aerospace & defense, electronics,
semiconductor, and solar industries. Eyelit uniquely delivers a broad set of
manufacturing solutions, including Asset Management (Semi E10, SEMI PV2-0709),
Dispatching, Factory Integration (Automation), Manufacturing Execution
(MES/MOM), Recipe Management, Supply Chain Management, Quality Management
(CAPA/OCAP/SPC/APC/RMA), and Business Process Management that enable its
customers to rapidly and cost-effectively optimize production and company
processes.

With exceptional customer service, Eyelit has time and again proven that
superior innovative technology can increase efficiency and value. More than 50
leading companies, including Ascent Solar, austriamicrosystems, CEA-Leti, FLIR
Systems, eMagin, Freescale Semiconductor, M/A-COM Technology Solutions,
Nemotek Technologie, Mentor Graphics, SEMATECH, TowerJazz, Stion, Umicore, and
Murata Electronics Oy rely on Eyelit as a trusted software partner.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, including those regarding eMagin Corporation's
expectations, intentions, strategies and beliefs pertaining to future events
or future financial performance. Actual events or results may differ
materially from those in the forward-looking statements as a result of various
important factors, including those described in the Company's most recent
filings with the SEC. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, such statements should not be
regarded as a representation by the Company, or any other person, that such
forward-looking statements will be achieved. The business and operations of
the Company are subject to substantial risks which increase the uncertainty
inherent in forward-looking statements. We undertake no duty to update any of
the forward-looking statements, whether as a result of new information, future
events or otherwise. In light of the foregoing, readers are cautioned not to
place undue reliance on such forward-looking statements.

Contact:

Eyelit Inc.
Colleen McArdle, +1-905-502-6184
info@eyelit.com
 
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