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Kopin Corporation Hires New Vice President of Business Development for Defense Applications

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Kopin Corporation (NASDAQ:KOPN) a leading developer of innovative wearable computing technologies and solutions, today announced the hiring of Mr. Bill Maffucci as Vice President of Business Development focusing on emerging applications in the defense market.

Mr. Maffucci is an industry veteran with more than 35 years of experience working with defense contractors in a variety of display applications with special emphasis on the development of head mounted display systems. Bill’s background includes extensive experience in the advanced development of displays, optics and ergonomic solutions for avionic and dismounted soldier systems.

“Kopin has a long track record of success in supplying the US military with displays and imaging systems for the most advanced soldier systems in the world,” said Dr. John C.C. Fan, CEO. “Bill provides us with a wealth of experience in heads-up display systems as we transition from a display and imaging system supplier to developing and marketing full systems. In addition, Bill’s experience with military heads-up systems will assist us in our commercial Wearable system development efforts.”

Mr. Maffucci started working on head-up and head-mounted systems in 1983 with Kaiser Electronics and later became a Vice President for Kaiser Electro-Optics and Senior Director, Display Systems for the Rockwell Collins Government Systems Optronics Group. Mr. Maffucci was most recently with Intevac Photonics after they acquired Creative Display Systems, a display system company that Mr. Maffucci co-founded.

“Kopin has been the leading technology provider to the US military for over 25 years. As the government replaces older generation weapon sight and vision systems with new generation digital systems, there is an opportunity for significant growth,” said Mr. Maffucci. “Kopin’s broad product offerings, expertise in optical system assembly free of foreign object and debis (FOD), and customer support capabilities position Kopin very well for these new opportunities.”

About Kopin

Kopin Corporation is a leading developer and provider of innovative wearable technologies and solutions for integration into head-worn computing and display systems to military, industrial and consumer customers. Kopin’s technology portfolio includes ultra-small displays, optics, speech enhancement technology, system and hands-free control software, low-power ASICs, and ergonomically designed smart headset reference systems. Kopin’s proprietary components and technology are protected by more than 200 global patents and patents pending. For more information, please visit Kopin’s website at

Forward-Looking Statements

Statements in this news release may be considered “forward-looking” statements under the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements relating developing full systems; our commercial Wearable system developments efforts; the government replacing older generation weapon sight and vision systems with current generation digital systems providing an opportunity for significant growth; and Kopin’s broad product offering, FOD-free assembly expertise and customer support capabilities position Kopin very well for these new opportunities. 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. These risks and uncertainties include, but are not limited to, the following: The Company may not be able to develop the full systems and wearable products, the wearable market may not develop, the government may not transition to digital systems or if they do they may not award the Company contracts to be in these new systems, and the Company’s products, assembly capabilities and customer support may be insufficient to win customer programs, the Company may be unable to release products that meet the needs of the wearable market, there may be no demand for any products that we develop in the coming months; it may take longer than the Company estimates to develop products; there may be issues that prevent the adoption or further development of the Company’s wearable computing technologies; manufacturing, marketing or other issues may prevent either the adoption or acceptance of products; the Company might be adversely affected by competitive products and pricing; new product initiatives and other research and development efforts may be unsuccessful; the Company could experience the loss of significant customers; costs to produce the Company’s products might increase significantly, or yields could decline; and the Company’s customers might be unable to ramp production volumes of its products; 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 28, 2013, 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.

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