Kopin’s Augmented Reality Technology Debuts on Multiple Platforms in 2014

Company Launches New Overlay Display Weapon Sight Technology

WESTBOROUGH, Mass.--()--Kopin® Corporation (NASDAQ:KOPN), the largest U.S. manufacturer of display systems for mobile, wearable and military applications, announced its patent-pending Augmented Reality (AR) Weapon Sight Technology which is targeted for multiple US Army weapon sight platforms. Kopin’s AR Weapon Sight Technology was developed for high performance weapon sights programs including the U.S. Army’s XM25 airburst weapon platform and the Precision Sniper Rifle (PSR) day scope used by the U.S. Special Forces in the Army, Navy, Air Force, and Marine Corps.

“Kopin’s AR Weapon Sight Technology is a heads-up display system, which is designed for viewing through a conventional direct view optic (DVO) weapon sight,” said Michael Presz, Kopin’s Vice President of Government Programs and Special Projects. “The optical system allows the user to target through the sight while viewing symbology in bright daylight conditions or video imagery combined with symbology, which is overlaid on the night scene. With our innovative AR technology consisting of Kopin’s patented transmissive microdisplay, specialized backlighting design, beam combiner optics and advanced low-power symbol generator, we are able to achieve ultra-high brightness levels typical of larger systems like our Joint Strike Fighter (JSF) Helmet Mounted Display while being powered by a set of commercially available AA batteries. This advanced see-through overlay display system works in conjunction with a laser range finder and ballistic calculator to greatly enhance targeting effectiveness at longer ranges”

“Kopin has made significant investments over the past several years in augmented reality technology for man-portable battery-operated systems,” stated Dr. John C. C. Fan, President and CEO of Kopin Corporation. “Our impressive AR technology is being targeted at sophisticated defense weapon sight programs which forecast procurement of thousands of units over a multi-year production period. Our technology is directly applicable to emerging consumer and industrial wearable markets. This cross-fertilization of technology developments between our defense and commercial groups leverages our R&D investments in various market areas.”

About Kopin

Kopin Corporation is a leading developer and provider of innovative wearable technologies and solutions. Kopin’s technology portfolio includes ultra-small displays, optics, speech enhancement technology, software, low-power ASICs, and ergonomically designed headset computing 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.

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 the current defense weapon sight programs forecasting the procurement of thousands of units over a multi-year production period; the use of Kopin’s Augmented Reality Weapon Sight technology is applicable to industrial and consumer market; and the U.S. Army’s XM25 airburst weapon platform and the Precision Sniper Rifle (PSR) programs. 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, our Augmented Reality Weapon Sight Technology products may not work; our Augmented Reality Weapon Sight Technology products may lose qualification by the U.S. Army; there may not be demand for products that use our Augmented Reality Weapon Sight Technology; the U.S. Army’s XM25 weapon platform and/or Modular Sniper Display program could be cancelled; use of a competitor’s products in the XM25 fire-control system or Modular Sniper Display system; the U.S. army may procure only a small number or postpone procuring any U.S. Army’s XM25 airburst weapon platform and the Precision Sniper Rifle (PSR) programs; manufacturing, marketing or other issues that may prevent either the production, adoption or rapid acceptance of our Augmented Reality Weapon Sight Technology products; competitive products and pricing; the loss of significant customers; the potential that costs to produce the Company’s microdisplay technology will increase significantly, or that yields will decline; the potential that military programs involving Kopin’s products will be delayed or cancelled; the potential that the Company’s military customers might be unable to ramp production volumes of their 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.

Contacts

Kopin
Sales & Marketing
Jason Dingle, 617-831-8031
Director of Business Development
jdingle@kopin.com
or
Investor Relations
Richard Sneider, 508-824 6696
CFO
rsneider@kopin.com
or
News Media Relations
Edelman
Geoffrey Mogilner, 312-233-1271
Vice President
geoffrey.mogilner@edelman.com

Kopin’s Augmented Reality (AR) Weapon Sight Technology. Photo of solider courtesy of U.S. Army. Use of this DOD image does not constitute or imply endorsement.

Kopin’s Augmented Reality (AR) Weapon Sight Technology. Photo of solider courtesy of U.S. Army. Use of this DOD image does not constitute or imply endorsement.

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Contacts

Kopin
Sales & Marketing
Jason Dingle, 617-831-8031
Director of Business Development
jdingle@kopin.com
or
Investor Relations
Richard Sneider, 508-824 6696
CFO
rsneider@kopin.com
or
News Media Relations
Edelman
Geoffrey Mogilner, 312-233-1271
Vice President
geoffrey.mogilner@edelman.com