Kopin Corporation Added to Merrill Lynch Nanotech Index

TAUNTON, Mass.--(BUSINESS WIRE)--June 29, 2004--Kopin Corporation (NASDAQ: KOPN) today announced that it has been added to the Merrill Lynch Nanotech Index(SM). The Index, created in March 2004, includes companies that indicate in public documents that nanotechnology initiatives represent a significant component of their future business strategy.

Kopin President and Chief Executive Officer Dr. John C.C. Fan said, "We are thrilled to be included in this prestigious and diverse cross section of nanotechnology stocks. Each of Kopin's III-V and CyberDisplay products is developed using nanotechnology, and we have been in volume production since 1995. This focus on nanotechnology has enabled us to manufacture semiconductor components with unparalleled size, power efficiency and performance characteristics, all of which are essential for next-generation mobile consumer and industrial electronics products."

The Merrill Lynch Nanotech Index(SM)is an equally-weighted index of 24 companies that have a significant percentage of their future profits tied to nanotechnology, with the majority involved in the semiconductor, biotechnology, instrumentation, sensor, diagnostic, drug delivery, drug development, genomics and material industries. The Index is rebalanced quarterly.

About Kopin

Founded in 1984, Kopin is pioneering the use of nanotechnology to manufacture nanosemiconductor products that make mobile electronic devices small, fast, bright, lightweight and power efficient. With an intellectual property portfolio of more than 200 issued and pending patents, Kopin supplies the world's largest electronics manufacturers and government agencies with breakthrough semiconductor products. The Company's liquid-crystal microdisplays, ultra-efficient transistors and high-brightness GaN LEDs enhance the delivery and presentation of voice, video and data. Kopin technology is currently used in nearly one-third of the world's cell phones and camcorders and is the microdisplay standard for the U.S. military. For more information, please visit Kopin's website at www.kopin.com.

Safe Harbor Statement

Statements in this news release about the inclusion of Kopin in the Merrill Lynch Nanotech Index(SM) are made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks and uncertainties that could materially affect future results. Among these risk factors are: general economic and business conditions and growth in the flat panel display industry; the impact of competitive products and pricing; availability of third-party components; loss of significant customers; acceptance of the Company's products; continuation of strategic relationships; availability of integrated circuit fabrication facilities; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. These include, but are not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2003 and Form 10-Q for the period ended March 27, 2004.

The NanoSemiconductor Company is a trademark of Kopin Corporation.

Kopin - The NanoSemiconductor Company(TM)