Kopin Announces “PupilTM” the Latest in Display Technology for Smart Eyewear

  Kopin Announces “PupilTM” the Latest in Display Technology for Smart Eyewear    Ultra-compact Pupil display module to allow natural looking smart eyewear  Business Wire  WESTBOROUGH, Mass. -- February 19, 2014  Kopin Corporation, a leading developer of innovative wearable computing technologies and solutions, unveils the Pupil^TM display module, the latest innovation in display technology for the smart eyewear market.The Pupil display module will be exhibited at Kopin’s Wearable Technology Event today at 2 p.m. PST at the Marriott Hotel in Santa Clara, California. Companies can begin using Pupil display module in their smart eyewear designs for consumer and commercial applications.  Woman wearing Kopin's natural looking concept smart eyewear. (Photo: Business Wire)  Woman wearing Kopin's natural looking concept smart eyewear. (Photo: Business Wire)  The release of Pupil display module builds on the partnership between Kopin and Olympus Corporation, the world leader in ultra compact optics.The Pupil display module integrates Olympus’ miniaturized optics with Kopin’s family of industry-leading micro LCDs to produce the first truly invisible display for smart eyeglasses.  “Pupil see-through optics, with its height smaller than the pupil of the human eye, allows see-through and see-around without obstructing the outside view,” said Yoichi Iba, Senior General Manager of Olympus Corporation. “Kopin’s microdisplays are a perfect match for the Pupil optics to provide the most compact display modules that exhibit vivid and bright images, even under full sunlight.”  Kopin will also unveil its concept smart eyewear designs operated by voice commands and natural speech for consumer, commercial and industrial application. One of the concept designs incorporates the Pupil display module behind the eyeglasses frame to make the display module almost invisible. It also incorporates a speaker design that blends very well with the eyewear. This is the first smart eyewear that looks natural, yet has many of the key functions useful for consumers.  “The market for wearable eyewear is ready to go mainstream with many of the recent advances such as our Pupil display module greatly improving the user experience,” said Dr. John C.C. Fan, President and CEO of Kopin Corporation. “The Pupil module is a major milestone as it will help our customers realize the dream of smart eyewear for consumers.”  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.  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 the Kopin’s partnership with Olympus Corporation; wearable eyewear is ready to go mainstream; and the Pupil module is a major milestone as it will help our customers realize the dream of smart eyewear for consumers. 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: Olympus and Kopin may terminate their relationship, wearable eyewear may not be adopted by consumers, the Pupil may not be producible at a cost which is can be sold at to make a profit, there may be no demand for the Pupil, the Company may be unable to release new products in the coming months, there may be no demand for any products that we develop in the coming months; it may take longer than the Company estimates to develop products; 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 computing technologies; manufacturing, marketing or other issues may prevent either the adoption or acceptance of products; the Company might be adversely affected by competitive products and pricing; new product initiatives and other research and development efforts may be unsuccessful; the Company could experience the loss of significant customers; costs to produce the Company’s products might increase significantly, or yields could decline; and the Company’s customers might be unable to ramp production volumes of its products; 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 29, 2012, 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.  Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140219006937/en/  Multimedia Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50807988&lang=en  Contact:  Kopin Corporation 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 Edelman Geoffrey Mogilner 312-233-1271 geoffrey.mogilner@edelman.com or News Media Relations Edelman Pearson Cummings 202-326-1701 pearson.cummings@edelman.com