Kopin Develops Innovative NanoJet Process for Micro LCDs to Serve Emerging AR and VR Markets

NanoJet Process to be Applied to Mass Production of Wearable Products

WESTBOROUGH, Mass.--()--Kopin® Corporation (NASDAQ: KOPN), a leading developer of innovative wearable computing technologies and solutions, announced that it has developed a revolutionary NanoJet process for its liquid crystal cell assembly. The NanoJet process releases tiny drops of liquid crystal material with greater precision (variation within a few nano grams) and provides for a purer, better controlled and very uniform layering of the liquid crystal material in the fabrication of displays, resulting in superior image quality and higher brightness.

“The patent-pending Nanojet process developed at Kopin is optimized for microdisplays with tiny pixels required for augmented reality (AR) and virtual reality (VR) applications”

“The patent-pending Nanojet process developed at Kopin is optimized for microdisplays with tiny pixels required for augmented reality (AR) and virtual reality (VR) applications,” said Dr. John C.C. Fan, President and CEO of Kopin Corporation. “This process improves the display performance and reduces the cost to manufacture the display. The Nanojet process can be used in the manufacture of both our transmissive Cyberdisplay® and reflective LCOS displays. We are qualifying the NanoJet process and expect a tier-one customer to introduce in coming months a wearable product which includes a display manufactured using the Nanojet process. It is our intention to apply this superior process to many of our current products where ever possible.”

Advantages of the NanoJet process include:

  • Maintenance of purity of the liquid crystal in the display fabrication process
  • Excellent control of cell gap and cell gap uniformity across the wafer and within each display, even for large (~1” diagonal) high-resolution microdisplays for VR without the use of posts inside the display
  • Reduced display cost due to higher manufacturing yield and less liquid crystal material usage

Display performance improvements include:

  • Superior image quality
  • Much higher display brightness: in excess of 10,000 nits for full-color displays with tiny pixels (3 x 9 μm) typically needed for smart headsets.
  • Increased high temperature operating range

About Kopin

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

Kopin and CyberDisplay are registered trademarks of Kopin Corporation.

Forward-Looking Statements

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, without limitation, statements relating to our plans to use the NanoJet process in the manufacture of our displays and our expectation that a tier-one customer will introduce in coming months a wearable product which includes a display manufactured using the Nanojet process. 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: we may not receive a patent for the Nanojet process; the Nanojet process may not get qualified; our customers may not want displays made with the Nanojet process; the tier 1 customer may not introduce a product with a display manufactured using the Nanojet process; wearable eyewear may not be adopted by consumers; the Company’s products may not be accepted by the market place; there may be issues that prevent the adoption or further development of the Company’s wearable products using the Nanojet process; manufacturing, marketing or other issues may prevent either the adoption or acceptance of Nanojet process; 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.

Contacts

Kopin Investor Relations
Richard Sneider, CFO, 508-870 5959
rsneider@kopin.com
or
Kopin Sales & Marketing
Stuart Nixdorff, Senior Vice President, 508-341-9118
stuart_nixdorff@kopin.com
or
Investor Relations
Jacob Moelter, Market Street Partners, 415-445-3235
JMoelter@marketstreetpartners.com

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