WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin® Corporation (NASDAQ: KOPN), the largest U.S. manufacturer of display systems for mobile consumer and defense applications, will introduce the Precision Acquisition and Targeting System (PATS) at the Association of the United States Army (AUSA) Annual Meeting & Exposition on October 13-15 at the Walter E. Washington Convention Center in Washington, DC (booth #1968).
“The PATS unit is a fully integrated fire control system that converts most fielded optical sights into smart, lethal targeting systems,” stated Michael Presz, Kopin’s Vice President of Government Programs and Special Projects. “Incorporating a state-of-the art Laser Range Finder, Ballistic Calculator and Overlay Display, our PATS unit increases the accuracy of shooters using most fixed or variable magnification weapon sights. The unit simply clips on in front of the existing weapon sight and provides a precision ballistic solution which is day/night readable. PATS allows the government to greatly improve the performance of its existing inventory of fielded weapon sights by reducing engagement times and improving the probability of hits at ranges out to 600 meters.”
Key to the PATS solution is the application of Kopin’s Augmented Reality (AR) Weapon Sight Technology. This patented technology provides ultra-high brightness levels typical of larger systems seen in aviation-based Helmet Mounted Displays (HMDs) while being powered by a single CR-123 battery. The AR Weapon Sight technology allows the user to target through the sight while viewing overlaid symbology even in the brightest daylight conditions. The PATS unit has the potential to convert every green recruit into a precision shooter, increasing lethality while significantly reducing training and ammunition costs.
“The PATS clip-on weapon sight provides a revolutionary capability to our troops at a time of stressed budgets and a shrinking force,” stated Dr. John C. C. Fan, President and CEO of Kopin Corporation. “The PATS solution allows the U.S. Army to significantly increase survivability while leveraging the significant investments made over the past several years in fielded optical sights. Given the current global unrest the PATS system should prove to be a welcome resource to those who protect our freedom.”
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 use of Kopin’s Augmented Reality (AR) Weapon Sight technology in future military markets. 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 be qualified by the U.S. Army; there may not be demand for products that use our Precision Acquisition and Targeting System (PATS) and Augmented Reality Weapon Sight Technology; manufacturing, marketing or other issues that may prevent either the production, adoption or rapid acceptance of our Precision Acquisition and Targeting System (PATS) or 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; either Kopin or Edmund Optics may terminate its relationship with the other company; 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 28, 2013, 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.