Mr. Iba, formerly with Olympus Corporation, to Focus on Innovative
Optics Solutions for AR and VR applications
Kopin® Corporation (NASDAQ:KOPN), a leading developer of
innovative wearable computing technologies and solutions, announced that
Yoichi Iba, formerly Senior General Manager with Olympus Corporation,
has joined Kopin Corporation as Chief Optical System Scientist. Mr. Iba
is one of inventors and the team leader of free shape prism and Pupil
optics. Mr. Iba will focus on designing innovative optics solutions for
wearable headsets including augmented reality (AR) and virtual reality
(VR) applications.
“We are fortunate to have Yoichi Iba join the Kopin team,” said Dr. John
C.C. Fan, President and CEO of Kopin Corporation. ”We have been
cooperating with Mr. Iba and Olympus for many years. Now with Mr. Iba
joining Kopin, we expect our relationship with Olympus will be even
stronger. With Mr. Iba’s help, we expect to expand our lineup of
innovative optics solutions, which currently includes our Pupil and
Pearl module products.”
Mr. Iba is a super creative optics scientist having more than 150
patents granted worldwide. The Japan Patent Agency assessed his patents
to have the top rating in impacts to the world. Among Mr. Iba’s
inventions, the tiny Pupil optics allow see-through and see-around
without obstructing the outside view, while providing vivid and bright
images, even under full sunlight. Kopin licenses the Pupil optics from
Olympus and products are expected to come out this year. He was the
product manager of the Olympus Eye-Trek consumer headsets for watching
videos. With more than 100,000 units sold in late 1990s, the Eye Trek
headset product is still one of the most successful headsets on the
market.
“Kopin is well established as the leader in wearable headsets and I am
really excited to join Kopin,” said Yoichi Iba. “While the wearable
headset market follows its aggressive growth trajectory, I will
concentrate my efforts to provide the best optics solutions for Kopin’s
displays that meet market requirements.”
About Kopin
Kopin Corporation is a leading developer of innovative wearable
computing technologies and solutions. Kopin’s technology portfolio
includes ultra-small displays, optics, speech enhancement technology,
software, low-power ASICs, and ergonomically designed smart headset
concept systems. Kopin’s proprietary components and technology are
protected by more than 250 global patents and patents pending. For more
information, please visit Kopin’s website at www.kopin.com.
Kopin and CyberDisplay are registered trademarks of Kopin Corporation.
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 to the expectation that our relationship with
Olympus will be even stronger; our lineup of innovative optics solutions
will be expanded;Kopin licenses the Pupil optics from Olympus;
and products are expected to come out this year.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: our relationship with Olympus may terminate; our
line-up of innovative optic solutions may not expand; our license with
Olympus may terminate, products may not come out this year; wearable
eyewear may not be adopted by consumers; the Company’s productsmay
not be accepted by the market place; there may be issues that prevent
further development of the Company’s wearable and optical products;manufacturing,
marketing or other issues may prevent either the adoption or acceptance
of Company’s wearable 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.
Kopin Investor Relations
Richard Sneider, 508-870-5959
CFO
rsneider@kopin.com
or
Kopin
Sales & Marketing
Stuart Nixdorff, 508-341-9118
Senior
Vice President
stuart_nixdorff@kopin.com
or
Hideki
Tomine, 010-81-3-5325-3549
Vice President Display Marketing and
General Manager of Kopin Japan
htomine@kopin.com
or
Investor
Relations
Market Street Partners
JoAnn Horne, 415-445-3233
JHorne@marketstreetpartners.com