Kopin Achieves Important Technical Milestones in Development of NeuralDisplay™ Architecture
25 Abril 2024 - 7:30AM
Business Wire
Kopin Corporation (NASDAQ: KOPN), a leading provider of
application-specific optical solutions and high-performance
micro-displays for defense, enterprise, consumer, and medical
products, today announced it has achieved two important milestones
in the development of its NeuralDisplay™ architecture for consumer
and defense applications, which has been an on-going effort, for
the past year.
Kopin has been developing a software-defined, artificially
intelligent microdisplay architecture for integrated eye tracking
and dynamic brightness and contrast controls. This new platform is
designed to allow Kopin’s organic light-emitting diode (OLED) and
inorganic light-emitting diode (MicroLED) display customers to
adapt the technology to the user and not force the user to adapt to
the technology in a highly cost-effective manner.
As part of the development plan, Kopin has demonstrated an OLED
display that tracks eye movement, position and gaze while
displaying video using Kopin’s internally developed software and AI
engine. The robust hardware architecture for the NeuralDisplay
includes display units and binocular wearable mounts. This design
not only supports the fundamental features of the technology but is
also versatile enough to demonstrate its key benefits
effectively.
Further, Kopin has developed proprietary eye-tracking signal
flows and is focused on expanding datasets to train more
sophisticated and robust AI models, which are expected to improve
performance and reliability significantly.
“Additional testing and validation of the prototype is required;
however, we believe current results demonstrate the ability of
Kopin to develop and produce the technology, and we are extremely
pleased with the progress we are making,” stated Bill Maffucci,
Senior Vice President of Business Development and Strategy, Kopin.
“We believe we are on track to complete this development
successfully and that the concept is capable of achieving our goals
for outstanding display performance with integrated sensing
capabilities.”
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 our expectation that our proprietary eye-tracking signal
flows and expanding datasets can be used to train more
sophisticated and robust AI models to significantly improve
performance and reliability; our belief that current results
demonstrate the ability of Kopin to develop and produce the
technology; and our belief we are on-track to complete this
development successfully, and that the concept is capable of
achieving our goals for outstanding display performance with
integrated sensing 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 30, 2023, or as updated from time to time our
Securities and Exchange Commission filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20240425984569/en/
Kopin Corporation Bill Maffucci, 508-870-5959 SVP of Business
Development and Strategy, bmaffucci@kopin.com
Richard Sneider, 508-870-5959 Treasurer and Chief
Financial Officer Richard_Sneider@kopin.com
or
MZ Contact: Brian M. Prenoveau, CFA, 561 489 5315 MZ
Group – MZ North America KOPIN@mzgroup.us
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