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Kopin Delivers World’s Highest-Resolution Microdisplay To Vision Systems International (VSI)

Date : 12/12/2011 @ 8:30AM
Source : Business Wire
Stock : Kopin Corp. (MM) (KOPN)
Quote : 3.58  0.02 (0.56%) @ 8:10PM
Kopin Corp. (MM) share price Chart

Kopin Delivers World’s Highest-Resolution Microdisplay To Vision Systems International (VSI)

Kopin Corp. (MM) (NASDAQ:KOPN)
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Kopin® Corporation (NASDAQ: KOPN) today announced the delivery of the world’s highest resolution micro-display to Vision Systems International, LLC (VSI) of San Jose, California. The display, which exceeds High Definition (HD) resolution, was developed by Kopin under funding provided by VSI and the U.S. Government. This ultra-high resolution display boasting a resolution of 2,048 x 2,048 is specifically targeted for the next-generation night vision systems for the U.S. Department of Defense (DoD).

“Kopin has a solid history in the development of microdisplays for an array of U.S. Army thermal imaging programs and has proven to be a valuable partner in our development of advanced night vision systems for avionics,” stated Drew Brugal, President of VSI. “This new high-resolution display was developed and delivered on-time to address the aggressive imaging system requirements of advanced night vision Helmet Mounted Display (HMD) systems. This partnership places VSI on the forefront of next-generation night vision HMD systems that will replace the traditional image intensifier implementations with an all-solid-state, ejection-safe solution for our aviation community,” continued Brugal.

“Kopin is once again expanding the boundaries of micro-display resolution and performance by developing an active matrix liquid crystal display (AMLCD) with a 2048 x 2048 monochrome pixel resolution in a 0.96-inch diagonal form factor,” said Kopin President and Chief Executive Officer Dr. John C. C. Fan. “This new display reflects the strategic research and development initiatives we have undertaken over many years, efforts that have resulted in innovations including low-voltage and clock driverless architecture, small pixel geometry, and specialized and ruggedized LCD processes. The new 8-inch processing line Kopin developed in partnership with the U.S. Government was critical in the design and fabrication of such a high-resolution display.”

“This new display will provide users with night vision resolution which rivals the current image intensifier tube,” stated Michael Presz, Kopin’s Vice President of Government Programs and Special Projects. “Targeted for use with the Intevac ISE4000 sensor, this device will allow for target detection at extreme ranges and the ability to detect hazards such as power lines and towers, thus improving mission effectiveness and reliability. In addition, the AMLCD display solution allows for the HMD system designers to integrate the night vision imagery into the avionics and weapon system suites, an extremely powerful capability which is not possible with direct-view image intensifiers.”

About VSI

Founded in 1996, VSI is a joint venture between Elbit Systems of America, a subsidiary of Elbit Systems Ltd. (NASDAQ and TASE: ESLT) and Rockwell Collins (NYSE: COL). VSI has produced more than 4,500 joint helmet mounted cueing systems (JHMCS) for the F-15, F-16 and F/A-18 aircraft. Additionally, VSI is under contract to deliver Night Vision Cueing and Display Systems (NVCD) to the US Air Force and Navy, and the Fifth Generation HMDS for the F-35 Joint Strike Fighter. VSI also produces the Targo® HMDs for multiple aviation platforms including fighters, light attack, military airlift and trainers.

About Kopin

Kopin Corporation’s voice-activated, wireless, hands-free Golden-i® mobile computing headsets, ruggedized military imaging systems, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com and www.mygoldeni.com.

Kopin, Golden-i and The NanoSemiconductor Company are trademarks of Kopin Corporation.

Safe Harbor Statement

Statements in this news release about the award from the U.S. government may be considered "forward-looking" under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include the statements relating to the display being targeted for the next-generation night vision systems for the U.S. Department of Defense. 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. Factors that might affect the actual results, performance or achievements include, among other things, the possibility that there may be no demand for the display; we may not be able to manufacture the display in quantities our customers need; the display may not work in all of the environmental conditions required; 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 25, 2010, 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.

Kopin - The NanoSemiconductor Company®



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