voop. Ref. Kopin. Did you see this article?
JohnG
Monday March 27, 7:58 am Eastern Time
Company Press Release
Victor Company of Japan, Ltd. Expands Orders for Kopin
Corporation's CyberDisplay
Kopin Ships Miniature Flat Panel Displays for JVC's Newest Camcorder for
the U.S. Market
TAUNTON, Mass.--(BUSINESS WIRE)--March 27, 2000--Victor Company of Japan, Ltd. (JVC) has expanded its orders
for Kopin Corporation's (NASDAQ:KOPN - news) miniature flat panel CyberDisplay, which is being incorporated into the
newest JVC digital camcorders being launched in the United States. Kopin announced today that this is the second major
CyberDisplay order from Yokohama, Japan-based JVC, the world's third-largest camcorder manufacturer. In mid-1999,
JVC began incorporating the CyberDisplay into its line of CyberCam camcorders.
JVC's most recent CyberDisplay order is for GR-DVL digital camcorders, which already are being shipped to major
consumer electronics stores nationwide. The GR-DVL series, which fits into the palm of your hand, takes greater advantage
of the CyberDisplay's features, particularly its small size, light weight and power efficiency.
``We are exhilarated by JVC's response to the CyberDisplay and look forward to continuing to expand our relationship,'
said Dr. John C.C. Fan, Kopin's president and chief executive officer.
CyberDisplay, which is 1,000 times smaller than a laptop computer screen, has made it possible for JVC and other
companies to replace the bulky, high-voltage cathode ray tube (CRT). Flat panel displays are expected to surpass CRT's in
overall market share, accounting for 54 percent of the $130 billion display market by 2005, according to DisplaySearch, a
flat panel display market research firm based in Austin, Texas.
Dr. Fan said, ``At a time when consumers are demanding smaller, lighter weight wireless communications devices and
electronics, we see the CyberDisplay as an integral part of next-generation portable communications.'
About Kopin Corporation
Kopin is a leading developer and manufacturer of high resolution, flat panel display products and HBT wafers for
telecommunications and digital imaging applications. Founded in 1984 with initial technology developed at Massachusetts
Institute of Technology, Kopin holds over 130 patents and patent applications for technological breakthroughs in flat panel
display and device wafer technology. These technologies have enabled Kopin to market display products and HBT wafers
that enhance the delivery and presentation of video, voice and data. The Company has combined advanced AMLCD and
integrated circuit technology to produce its CyberDisplay family of ultra-small, high density imaging devices. The Kopin
CyberDisplay family has won many international awards for innovation in the last two years, and now includes the
CyberDisplay 1280, 640C, 320 and 320C - providing OEMs with a range of powerful, high quality display solutions.
Telecommunication providers are using Kopin's HBT wafers for power amplifier circuits used in wireless digital phones,
and gigabit circuits for fiber optic and Internet data transmission. For more information, please visit Kopin's Web site at
www.kopin.com
CyberDisplay is a trademark of Kopin Corporation.
Statements in this news release are made under `safe harbor' provisions of the Private Securities Litigation Reform Act of
1995 and involve a number of risks and uncertainties that could materially affect future results. Among these risk factors are
general economic and business conditions and growth in the flat panel display and gallium arsenide integrated circuit and
materials industries, the impact of competitive products and pricing, availability of third-party components, viability of
integrated circuit fabrication facilities, cost and yields associated with production of the Company's CyberDisplay imaging
devices and Wafer-Engineered device wafers, loss of significant customers, acceptance of the Company's products,
continuation of strategic relationships, year 2000 matters, and the other risk factors and cautionary statements listed from
time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange
Commission, including but not limited to, the Company's prospectus dated October 22, 1999 and its Annual Report on Form
10-K for the fiscal year ended December 31, 1998. |
