|The following is an unedited press release, shown as received from the company represented. We've elected to present selected releases without editorial comment, as a way to provide our readers more information without further overtaxing our limited editorial resources. To avoid any possible confusion or conflict of interest, the Imaging Resource will always clearly distinguish between company-provided press releases and our own editorial views and content.|
PRESS RELEASE: Fujifilm Selects Kopin's Electronic Viewfinder for New Compact, High-Zoom Digital Camera
Kopin's EVF is becoming the standard for leading camera makers
TAUNTON, Mass.--(BUSINESS WIRE)--June 21, 2007--Kopin(R) Corporation (NASDAQ: KOPN), the leading provider of microdisplays for mobile consumer electronics, announced today that FUJIFILM Corporation, one of the world's finest camera manufacturers, has chosen Kopin's CyberEVF(R) 230K-NF electronic viewfinder (EVF) for its new FinePix S700 digital camera. The compact SLR-styled FinePix S700 is designed primarily for amateur photographers interested in upgrading to an affordable yet more advanced digital camera. The S700 is available at a suggested retail price of $249.95.
The CyberEVF 230K-NF enhances the photographer's experience by delivering crisp, brilliantly detailed images even in bright sunlight. It also provides the viewing precision required throughout the entire range of the optical zoom, which is crucial for meeting the fine focusing needs of all photographers. Kopin's complete EVF solution benefits digital camera manufacturers by substantially reducing their production cost and time to market.
The high-zoom S700 with a seven-mega pixel CCD is ideal for photographers who want to upgrade to a more advanced compact digital camera yet maintain operational simplicity. Its powerful 10x optical zoom - with a 35mm focal range equivalent of 38-380mm - ensures closer, clearer subjects in the highest quality digital pictures. It allows taking pictures at low light levels without flash (up to ISO 1600) at full resolution. Other features of the FinePix S700 include Picture Stabilization for blur-free images, i-Flash (Intelligent Flash) for optimum flash output, and 14 pre-programmed scene modes offering one-touch setting for nearly any situation.
"We are delighted to partner with Fujifilm in fulfilling its ongoing commitment to innovative digital imaging solutions for its customers," said Kopin President and Chief Executive Officer Dr. John C.C. Fan. "Kopin developed the CyberEVF 230K-NF as an advanced electronic viewfinder for the new generation of high-zoom digital cameras. These SLR-style cameras are becoming very popular because they combine affordability and excellent picture quality. We see increasing demands for our EVF products because they provide the best value to digital camera manufacturers by offering the complete solution with superb image quality in a compact package. Our goal is to make Kopin's advanced electronic viewfinders the industry standard among the world's leading digital camera manufacturers."
Kopin's new CyberEVF 230K-NF incorporates a full-color CyberDisplay(R) 230K with QVGA (320 x 240) resolution, ultra-thin backlight, and optics in a tiny package. The CyberEVF 230K-NF is more compact than the earlier CyberEVF 230K with the focus mechanism. With 15x image magnification and 22-degree field of view, the viewfinder generates large, high-resolution, vivid color images with virtually no distortion or color aberrations. The module's low power consumption (less than 100 mW) addresses a photographer's need for a long battery life.
FUJIFILM Corporation brings continuous innovation and leading-edge products to a broad spectrum of industries including medical, life sciences, consumer electronic, chemical, graphic arts, information systems, photography and office products based on its vast portfolio of digital, optical, fine chemical and thin film coating technologies. The company provides products and services that contribute to the advancement of culture, science, technology and industry, as well as to improve health and environmental protection. It is the global leader in digital minilabs; Computed Radiography systems; ink dyes, pigments and UV inks for inkjet printers and materials used in the production of flat panel displays. It was ranked number 15 for U.S. patents granted in 2006, employs more than 75,000 people worldwide and in the year ended March 31, 2006, had global revenues of $22.8 billion.
FUJIFILM U.S.A., Inc., Valhalla, NY, is a U.S. marketing subsidiary of FUJIFILM Corporation, Tokyo, Japan, providing digital and analog photographic Imaging Systems, Recording/Storage Media and Motion Picture Film products and services to consumers, professionals and businesses.
For more information on FUJIFILM U.S.A. products, customers can call 800-800-FUJI or access the FUJIFILM U.S.A. web site at www.fujifilmusa.com.
Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 20 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com.
Kopin, CyberDisplay, CyberEVF and The NanoSemiconductor Company are registered trademarks of Kopin Corporation.
Safe Harbor Statement
Statements in this news release may be considered "forward-looking" under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the cost and time-to-market advantages of Kopin's complete EVF solution, the projection that the SLR-style cameras are becoming very popular, the statement that the CyberEVF 230K-NF provides the best value to digital camera makers, the increasing demand for Kopin's EVF products, and Kopin's goal of making its advanced electronic viewfinders the industry standard among the world's leading digital camera manufacturers. 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. Factors that might affect the actual results, performance or achievements include, among other things, the matters discussed in this report, the restatement of the Company's financial statements, legal, accounting and regulatory developments relating to our stock option grants and accounting for those grants, potential claims or liability that may arise as a result of these; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed 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 circumstance occurring after the date of this report.
(First posted on Thursday, June 21, 2007 at 13:44 EDT)