Kopin Corporation’s OLED Microdisplay Success Highlighted in Industry Research

Roadmap to Achieve 30,000 Nits Brightness Outlined

WESTBOROUGH, Mass.--()--Kopin Corporation (NASDAQ: KOPN), a leading developer and provider of active matrix liquid crystal and organic light emitting diode (OLED) microdisplays and display subassemblies, today announced that a recent white paper by Insight Media highlighted the Company’s significant breakthrough and success with their high-brightness OLED microdisplay technology.

The paper, titled “Is A 30K Nits OLED Microdisplay Possible,” highlights the performance of Kopin’s newly announced 720p (1280 x 720 resolution) full-color microdisplays made with a duo-stack OLED structure with color filters and ColorMaxTM technology. The 720p displays fabricated from multiple wafers exhibited average Current Efficiency of about 12 candela per ampere (cd/A), with the maximum value about 14 cd/A. These values are much higher than the best publicly available values of the alternative approaches. Kopin’s best 720p display exhibited 7,000 nits with color fidelity about 100% sRGB.

Kopin’s ColorMaxTM technology allows for a wide color gamut with a duo-stack white OLED architecture. The patent-pending technology is an advanced structure in the anode of the Silicon backplane that suppresses color mixing among sub-pixels. As stated in the paper, “While the color mixing can be expected with tiny pixels, it is more severe for the duo-stack OLED structure, which has a much thicker OLED structure and a charge generation layer that is very conductive. This spreads the current laterally, inadvertently activating adjacent sub-pixels causing the substantial color fidelity degradation including severe color mixing. This result may have led some to conclude that duo-stack structures will not be viable.”

By applying additional enhancements such as microlens arrays and a trio-stack OLED structure, the luminance from OLED microdisplays can be substantially increased. The paper concludes, “The thought of being able to obtain 30,000 nits using a white OLED with color filters was not even imagined just a few months ago by the OLED community. Kopin has demonstrated the first step toward achieving this goal with its high efficiency 720p microdisplay. By implementing some well-known development strategies along with new innovative technology, the goal could be reached in about 3 years.”

To Request a Copy of the White Paper, please Click Here

About Insight Media

Insight Media is a technology consultancy focused on advanced display and imaging ecosystems including AR/VR/MR, light field/holographic, 8K and mini/microLED. The company helps clients to understand and promote the technologies in these ecosystems via articles, white papers, conferences, webinars and more. Insight Media also helps to manage the 8K Association.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for military, industrial and consumer products. Kopin’s technology portfolio includes ultra-small Active Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon (LCOS) displays and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com.

Forward-Looking Statements

Statements in this press release may be considered "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which are subject to the safe harbor created by such sections. Words such as "expects," "believes," "can," "will," "estimates," and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such "forward-looking statements," which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to the performance of Kopin's duo-stack white OLED structure and ColorMax technology. The final performance of Kopin's duo-stack white OLED structure and ColorMax technology could differ materially from those expressed in, or implied by, such forward-looking statements. This follow-on order has Termination for Convenience clause which would allow the U.S. government to cancel the order before completion. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management's expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 28, 2019, or as updated from time to time in the Company's Securities and Exchange Commission filings.

Contacts

Richard Sneider508-870-5959
Treasurer and Chief Financial Officer
Richard_Sneider@kopin.com

or

Market Street Partners
Joann Horne415-445-3233
JHorne@marketstreetpartners.com

Contacts

Richard Sneider508-870-5959
Treasurer and Chief Financial Officer
Richard_Sneider@kopin.com

or

Market Street Partners
Joann Horne415-445-3233
JHorne@marketstreetpartners.com