Kopin Microdisplays Take 'Home Theater' out of the House and on the Road; Stylish New Video Eyewear from Icuiti Features Kopin CyberDisplay Color Filter VGA.TAUNTON, Mass. -- Kopin Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : KOPN), the largest U.S. manufacturer of microdisplays for consumer, military and industrial applications, today announced it is supplying enhanced-definition microdisplays for a new, multimedia video eyewear system worn like sunglasses, the Icuiti V920. Twin Kopin CyberDisplay(TM) Color Filter Color filter An optical element that partially absorbs incident radiation, often called an absorption filter. The absorption is selective with respect to wavelength, or color, limiting the colors that are transmitted by limiting those that are absorbed. VGA (Video Graphics Array) The display standard for the PC. All PC display adapters support VGA, and Windows machines boot up in "VGA mode" before switching to higher resolutions. microdisplays are at the heart of the Icuiti V920's full-color video system. Announced last week at the Consumer Electronics Show (CES) in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , the Icuiti V920 is the world's highest-resolution 3D video eyewear system for the consumer market. Resembling a pair of futuristic sunglasses, it creates a sharp image for the viewer equivalent to a 42-inch flat screen viewed from seven feet. It enables consumers to enjoy a wide range of video-rich multimedia entertainment and information on the go. In daylight or darkness, they can watch movies, videos, and TV shows, as well as audio/video streamed from cell phones, the Apple iPod photo and myriad other sources. They can read e-mail, examine confidential material and play GameCube, PlayStation and Xbox games. They can experience both high-quality standard and 3D stereoscopic stereoscopic /ster·eo·scop·ic/ (ster?e-o-skop´ik) having the effect of a stereoscope; giving objects a solid or three-dimensional appearance. ster·e·o·scop·ic n. 1. video as well as 100 mW per channel audio through the lightweight (sub 3.5 ounces) eyewear. Because of the system's sleek design and high-fidelity video performance, the Consumer Electronics Show awarded Icuiti with its coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. CES Innovations 2005 Design and Engineering award. "The Icuiti V920 is a big advance in small electronics," said Icuiti President Paul J. Travers. "Because our customers are discriminating about style, demanding of their multimedia experience, and savvy about technology, it's critical that we incorporate the smallest, lightest, highest-density displays available. More than any other supplier, Kopin meets these standards and is proven in military, mobile and futuristic applications." "High-quality displays have grown in size in the 22 years since flat-screen TVs kicked off the home theater market," said Dr. John C.C. Fan, Kopin's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We have joined forces with companies like Icuiti to make that home theater experience personal and portable. Our small footprint and superior power efficiency makes video on the go a reality in the form of fun, fashionable and ultra portable consumer electronic products." Built with nanotechnology, the Kopin CyberDisplay Color Filter VGA is the world's smallest, lowest power, color-filter VGA-resolution microdisplay. The active matrix liquid crystal display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (AMLCD (Active Matrix LCD) See active matrix. ) packs 921,600 pixel dots in the 0.44-inch display, a density that no other microdisplay maker has achieved. The device is capable of 16.7 million colors and extends battery power by consuming a mere 60-70 milliwatts of power while displaying a vivid full-color video image. They are ideal for wearable devices like the Icuiti V920 as well as camcorder and digital camera viewfinders and most portable consumer and industrial applications. The Icuiti V920 is available for $499 at www.icuiti.com and select retailers in the United States and Japan. It connects to virtually any video source, laptop, portable media player, video-capable cell phones, test and measurement device, or video camera. About Icuiti Icuiti Corporation is a leading provider of near eye display solutions for personal viewing. Icuiti has been designing and producing microdisplay-based products since 1997 and has shipped thousands of units to customers all over the world. These products include mobile viewing devices, wearable computer displays, military-certified micro display electronics, OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and solutions and virtual reality Systems. Icuiti is currently privately held with offices in Rochester, N.Y. and Tokyo, Japan. For more information, visit www.icuiti.com About Kopin Founded in 1984, Kopin is pioneering the use of nanotechnology to manufacture nanosemiconductor products that make mobile electronic devices small, fast, bright, lightweight and power efficient. With an intellectual property portfolio of more than 200 issued and pending patents, Kopin supplies the world's largest electronics manufacturers and government agencies with breakthrough semiconductor products. The Company's liquid-crystal microdisplays, ultra-efficient transistors and high-brightness GaN LEDs enhance the delivery and presentation of voice, video and data. Kopin technology is currently used in nearly one-third of the world's cell phones and camcorders and is the microdisplay standard for the U.S. military. For more information, please visit Kopin's website at www.kopin.com. Statements in this news release about the twin Kopin CyberDisplay Color Filter VGA microdisplays incorporated into the Icuiti V920 full color system may be considered "forward-looking" statements under the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve a number of risks and uncertainties that could materially affect future results. These risk factors include: the adoption of the V920 full color system; cost and yields associated with production of our Color Filter VGA displays; and other risk factors and cautionary statements listed in Kopin's periodic reports and registration statements filed with the Securities and Exchange Commission. These include, without limitation, Kopin's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2003 and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 25, 2004. Kopin - The NanoSemiconductor Company(TM) |
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