Kopin Appoints Greg Truman to Vice President, Business Development

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 appointed Greg Truman to the position of Vice President, Business Development for Europe, Middle East, and Asian/Pacific markets.

This newly created position is being established to allow Kopin to increase its focus on a growing set of international opportunities for its application-specific optical solutions and microdisplay products. Mr. Truman has held various general management positions within Kopin and has overseen the sales and marketing efforts at Kopin’s subsidiaries, Forth Dimension Displays in Dalgety Bay, Scotland, and NVIS, Inc. in Reston, Virginia. He will now focus on developing the international markets for the full portfolio of Kopin products across defense, medical, training and simulation, enterprise and industrial, and consumer applications. Greg’s deep technical and production knowledge of Kopin’s microdisplay technologies will be deployed to benefit customers and generate additional revenue streams.

“Greg Truman is an industry veteran with extensive experience in microdisplays and display subsystems, and we are very pleased to have him moving to our business development team,” stated Bill Maffucci, Kopin’s Senior Vice President of Business Development and Strategy. “The added capability he brings to the team will allow us to more effectively develop our expanding opportunities for visualization systems worldwide.”

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 statements related to growing set of international opportunities; and expanding opportunities for visualization systems world-wide. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240503762503/en/