Kopin Corporation Unveils New Era of Innovation and Leadership Following NASDAQ Closing Bell Ceremony
January 17 2024 - 8:30AM
Business Wire
Kopin unveils NeuralDisplay architecture – an
AI-powered microdisplay technology that makes AR/VR solutions more
comfortable by automatically adapting to user’s unique vision
requirements
Kopin Corporation (NASDAQ: KOPN), a leading provider of
application-specific optical solutions and high performance
micro-displays for defense, enterprise, consumer and medical
products kicked-off its new corporate direction and branding
campaign with a NASDAQ closing bell ceremony in Times Square on
January 16, 2024.
Charting a New Course with Visionary Leadership
Kopin’s new branding is in concert with a strategic evolution in
its corporate direction under the leadership of Kopin’s CEO,
Michael Murray. The company is transitioning from being the leading
provider of microdisplay solutions to becoming an
application-specific optical solutions provider. This shift
underscores Kopin’s dedication to pioneering visionary solutions
that optimize human performance in precision applications when it
matters the most. The move reflects a strategic commitment to
aligning Kopin’s capabilities with evolving technical advancements
and market needs through the development of innovative solutions
that are inherently human-centric, prioritizing user experience,
ergonomics, and application specificity for professionals such as
surgeons, pilots, gamers and more.
Commenting on the new corporate direction and branding efforts,
Michael Murray, CEO and President, Kopin Corporation said, “Kopin
has a rich 40-year history of innovation in technologies ranging
from solar cells to microdisplays to wearable optical systems and
beyond. As we look forward, our foundational innovation paired with
our core capabilities serve as the bedrock for our progression into
application-specific optical solutions and advanced
software-defined AI-enabled microdisplays.”
Merging AI and Microdisplay Tech for Seamless Adaptation to
Users
Inaugurating the new corporate direction, Kopin introduced its
groundbreaking NeuralDisplay™ architecture — a paradigm
shift in technology adaptation for AR/VR users and their
environments. Developed in collaboration with MIT's Computer
Science & Artificial Intelligence Laboratory, the NeuralDisplay
design is intended to seamlessly integrate eye-tracking with
machine learning to dynamically adjust micro-OLED displays. This
AI-powered technology provides a personalized experience,
compensating for users’ unique vision characteristics such as eye
dominance, pupillary distance, and direction of focus in real-time.
Unlike traditional methods, NeuralDisplay's automated,
display-level adjustments are designed to happen instantaneously
and eliminate the need for manual user interventions, enhancing the
accessibility and user-friendliness of AR/VR headsets.
Brand Evolution for Seamless Human-Technology
Integration
Central to Kopin’s brand evolution is the unveiling of a new
logo, a design that not only refreshes its identity but also exudes
a stronger and more impactful presence. The circular symbol at the
heart of the new logo serves as a visual representation of the
company’s commitment to both “focus on the user” and the expansive
range of our technological innovations. Complementing the visual
identity, is a new tagline, “Vision Beyond Imagination,” which
succinctly captures the ethos driving the company forward—an
unwavering commitment to pushing the boundaries of what is
conceivable and delivering solutions that transcend expectations.
As part of the rebranding, Kopin has also introduced a dynamic new
website that mirrors its refreshed visual identity. This
user-centric platform invites visitors to explore the company’s
cutting-edge solutions. The new logo, tagline, and website are not
just cosmetic changes; they represent a dynamic shift that reflects
the brand’s evolving vision for the future.
About Kopin
Kopin Corporation is a leading developer and provider of
innovative display and optical technologies sold as critical
components and subassemblies for defense, 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 our NeuralDisplay capabilities.
Various factors, some of which are beyond our control, could cause
actual results to differ materially from those expressed in, or
implied by, such forward-looking statements. 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
31, 2022, or as updated from time to time our Securities and
Exchange Commission filings.
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Kopin Corporation Richard Sneider Treasurer and Chief Financial
Officer rsneider@kopin.com
Brian M. Prenoveau, CFA MZ Group – MZ North America
KOPN@mzgroup.us +561 489 5315
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