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To: Johnny Canuck who wrote (34446)	9/24/2001 7:00:37 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68061

Monday September 24, 4:02 pm Eastern Time Press Release SOURCE: Kopin Corporation Kopin Announces Improved Third-Quarter Outlook CyberDisplay and III-V Businesses Better Than Projected Fourth Quarter Growth Expected TAUNTON, Mass.--(BUSINESS WIRE)--Sept. 24, 2001--Kopin Corporation (Nasdaq: KOPN - news) today announced that it expects financial results for the third quarter to exceed the Company's previous expectations. Kopin anticipates that total revenue for the three months ending September 30, 2001 will range between $11.6 million and $12.0 million, which represents sequential growth of more than 25 percent. CyberDisplay revenue is expected to range between $6.3 million and $6.5 million, while revenue from III-V products should range between $5.1 million and $5.3 million. Contract revenue is expected to be approximately $0.2 million. Based on those figures, the Company anticipates a net loss of between $(0.15) and $(0.17) per share. ``In both our III-V and CyberDisplay businesses, we are seeing sequential revenue growth that is stronger than anticipated,'' said Dr. John C.C. Fan, Kopin's chairman and chief executive officer. ``We have seen continued orders from our newer HBT customers, coupled with a resurgence of business from some of the larger wireless customers with whom we have had long-term relationships. In addition, demand for our CyberDisplay from customers including Matsushita, JVC and Samsung continues to be strong and we continue to expand our penetration into new models and applications. Although the current economic environment is volatile, we are forecasting continued sequential revenue growth and further improved operating results in the fourth quarter. We will provide a more detailed outlook during our third-quarter conference call, scheduled for October 22, 2001.''