Kopin Opens a Wearable Tech Center in Silicon Valley to Accelerate Development of Wearable Computing
Kopin Opens a Wearable Tech Center in Silicon Valley to Accelerate Development of Wearable Computing Technologies
Center to Focus on Speech Enhancement, Low-Power IC and Concept System Design
WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Kopin® Corporation (NASDAQ: KOPN), a leader in providing critical components and licensing concept systems to partners who develop branded wearable computing products, today announced the opening of its first Wearable Tech Center in Silicon Valley.
Building on Kopin's leading edge in wearable computer solutions and components, the Wearable Tech Center will help drive development and innovation in voice- and gesture-based technologies and hardware components. The Silicon Valley location of the Center will further enhance Kopin's collaboration with customers and improve their development cycles.
Equipped with state-of-the-art acoustic test chambers and measurement systems to provide a full range of acoustic and audio testing, the Center will focus on enhanced speech technology development and evaluation, low-power integrated circuit design, concept system design, and customer support activities. The Center will be staffed with a team of experts from the group that developed Kopin's Golden-i® wearable headset concept systems, a newly formed speech enhancement group, and integrated circuit designers from e-MDT America, Inc., Kopin's most recent acquisition.
"Opening our new Wearable Tech Center is an important step in the fulfillment of our goal to provide the critical components and concept systems that accelerate our partners' development of branded wearable computing products," said Dr. John C.C. Fan, CEO of Kopin Corporation. "The Center is strategically located in the heart of Silicon Valley in order to solidify Kopin's position on the front line of the growing wearable computing market as we continue to invest in forming strategic relationships with top technology companies. The Wearable Tech Center will enable us to test and refine the integration of various technologies into the concept systems - including our own proprietary technologies such as software, speech enhancement, optics, displays, low-power IC and ergonomic design, as well as technology licensed from others - and work with our customers to optimize the system performance."
The Kopin Wearable Tech Center will be located at 2041 Mission College Blvd., Santa Clara, California. In addition to being used as Corporate Headquarters, Kopin's existing facility in Westborough, Massachusetts will focus on developing and manufacturing displays and modules. Kopin's Scotts Valley, California office will focus on developing Government Systems.
About Kopin
Kopin Corporation is a leader in providing critical components and licensing concept systems to partners who develop branded wearable computing products. Kopin's technology portfolio includes ultra-small displays, optics, speech enhancement technology, software, low-power ASICs, and ergonomically designed headset computing 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 www.kopin.com and www.mygoldeni.com.
Kopin and Golden-i are 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: Our belief that the Wearable Tech Center will help drive development and innovation in voice- and gesture-based technologies and hardware components;the Silicon Valley location of the Center will further enhance Kopin's collaboration with customers and improve their development cycles; our belief that the wearable computing market is growing; and that the Wearable Tech Center will enable us to test and refine the integration of various technologies into the concept. 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 Wearable Tech Center may not fulfill its purpose; the wearable computing market may not grow; the Company may not be able to develop concept systems that customers will license; the Company's concept system may not work; we may not be able to license our concept systems or sell components profitably; manufacturing, marketing or other issues may prevent either the adoption or rapid acceptance of products; the Company might be adversely affected by competitive products and pricing; 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 29, 2012, 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 Corporation
Richard Sneider
Treasurer and Chief Financial Officer
508-824-6696
Richard_Sneider@kopin.com
or
Edelman
Calley Means
News Media Relations
202-200-8009
calley.means@edelman.com
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