LAS VEGAS--(BUSINESS WIRE)--

Kopin Corporation (Nasdaq: KOPN), a leading provider of wearable technologies for mobile virtual reality, augmented reality and wearable computing systems, will demonstrate its high-brightness Lightning^™ organic light emitting diodes (OLED) microdisplays including its new 720p resolution (1280 x 720) OLED display at CES 2018. Kopin’s Lightning 720p OLED microdisplay is 0.49-inch diagonal size, has high brightness of over 1000 nits and has low power consumption.

“We are pleased with the rapid progress in our OLED displays,” said Dr. John C.C. Fan, Kopin’s president and CEO. “Using our proprietary backplane technology and the efforts of our OLED foundry partner Olightek, we have made significant brightness improvements in a very short period of time. We introduced our first OLED microdisplay on silicon, 2k x 2k Lightning display, at last year’s CES and it generated tremendous enthusiasm among the VR community. Now we introduce a new 720p display for mobile entertainment applications and we are excited that our partner Pico Interactive has already designed it into the 'Eagle' Mobile Theater, a CES 2018 Innovation Awards Honoree.”

In addition to the technical advances, establishing mass production to meet the demands for high volume consumer and enterprise applications is well underway. With OLED partner Yunnan OLiGHTEK Opto-electronics Technology Co. Ltd. (Olightek), Kopin expects to begin production of the Lightning OLED displays in 2Q this year using a new state-of-the-art OLED deposition system, which was co-funded by both companies. Additionally the joint venture with BOE Technology Group Co. Ltd. and Olightek has already secured land in Kunming, China and is ready to start construction of the world’s largest OLED on silicon factory.

Kopin’s patented Lightning’s architecture has very unique features --- much higher frame rate, lower power consumption and better image uniformity. The power consumption for the 720p display backplane running at 60 Hz is less than 40 mW.

Experience Kopin’s OLED Microdisplay at CES 2018

To schedule a private meeting at Kopin’s CES 2018 suite at The Palazzo, please contact Kopin at [email protected].

About Kopin

Kopin Corporation is a leading developer and provider of innovative wearable technologies and critical components for integration into wearable computing systems for military, industrial and consumer products. Kopin’s technology portfolio includes ultra-small displays, optics, speech enhancement technology, voice-interface and hands-free control software, low-power ASICs, and ergonomically designed smart headset reference systems. Kopin’s proprietary components and technology are protected by more than 300 global patents and patents pending. For more information, please visit Kopin’s website at www.kopin.com.

Kopin and Lightning are trademarks of Kopin Corporation.

Forward-Looking Statements

Statements in this press 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 establishing production to meet the demands for high volume consumer and enterprise applications is well underway and with OLED partner Yunnan OLiGHTEK Opto-electronics Technology Co. Ltd. (Olightek), Kopin expects to begin production of the Lightning OLED displays in 2Q this year. 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: there may be issues which delay or stop production efforts; there may not be demand for consumer or enterprise applications; our partner Yunnan OLiGHTEK Opto-electronics Technology Co. Ltd. (Olightek) may not be able to begin production of the Lightning OLED displays in 2Q this year; the Lightning OLED displays may not be cost competitive or adopted by customers; there may be manufacturing issues in producing our OLED displays; and other risk factors and cautionary statements listed in Kopin’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 31, 2016, and Kopin’s subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Kopin and only as of the date on which they are made. We undertake no obligation to update any of these forward-looking statements to reflect events or circumstances occurring after the date of this release.

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