Irwin Engelman Joins eMagin Board of Directors

eMagin Corporation (AMEX:EMA) is pleased to announce the
appointment of Irwin Engelman to the Company's Board of Directors.
   Irwin Engelman is currently a consultant to various industrial
companies. From 1992 until April 1999, he served as Executive Vice
President and Chief Financial Officer of MacAndrews & Forbes Holdings,
Inc., a privately-held financial holding company. From November 1998
until April 1999, he also served as Vice Chairman, Chief
Administrative Officer and a director of Revlon, Inc. He has
previously served as executive officer of various public companies
including YouthStream Media Networks, International Specialty
Products, Inc. (a subsidiary of GAF Holdings Inc.), CitiTrust
Bancorporation, General Foods Corporation, The Singer Company, and
Xerox Corporation. Mr. Engelman earned a BBA degree in accounting from
the Baruch School of Business Administration at the City College of
New York and a juris doctor (J.D.) degree from Brooklyn Law School.
Mr. Engelman is Chairman and President of the National Corporate
Theatre Fund and is a trustee and past president of the Baruch College
Fund. He currently serves as a member of the board of directors of the
Sanford B. Bernstein division of Alliance Capital and for New Plan
Excel Realty Trust.
   "Irwin Engelman's extensive background in finance, strategic
management, and accounting will make him a key contributor to our
management team, and we are delighted to welcome Irwin to our Board,"
said Gary Jones, eMagin's chairman, president, and chief executive
officer.

   Jack Rivkin to Retire from Board

   The Company also announces that Jack Rivkin will retire from the
eMagin Board at the end of the term which concludes at the Company's
annual meeting in June 2005. Mr. Rivkin's decision not to serve in a
Director capacity in a public company was prompted by the requirements
of his other professional responsibilities. Mr. Rivkin joined the
eMagin board in June 1996, when the company was privately held.
   "Jack has made invaluable contributions to the company and its
shareholders for almost a decade, particularly as a member and chair
of the audit committee," said Gary Jones. "We are grateful for Jack's
insight, guidance, and unwavering commitment to excellence and
innovation over the years. On behalf of his fellow directors and the
entire management team, I wish him continued success with all of his
endeavors."
   Mr. Rivkin said, "The process of helping eMagin grow to a global
leader in virtual imaging technology has been challenging, fulfilling,
and, I believe, ultimately rewarding. I have greatly enjoyed my
relationship with Management and board members and have the highest
regard for their ability to guide the Company. I have also enjoyed
meeting and getting to know many of the investors in the Company, and
I look forward to joining them as we follow the company's progress as
fellow shareholders."
   Mr. Rivkin is Executive Vice-President and Chief Investment
Officer of Neuberger Berman, a Lehman Brothers company. He is also
President of the Board of Trustees of the Neuberger Berman family of
mutual funds.
   Mr. Engelman will succeed Mr. Rivkin as Chairman of the Audit
Committee. Other members of the eMagin Board of Directors, in addition
to Mr. Jones and Mr. Engelman, are Claude Charles, President of Great
Tangley Corporation, Paul Cronson., Managing Director of Larkspur
Capital Corporation, Dr. Jack Goldman, former CTO of Xerox Corporation
and founder of Xerox's PARC Laboratory, Rear Admiral Thomas Paulsen
(USN ret.), and Dr. Jill Wittels, Corporate Vice President of Business
Development for L-3 Communications.

   About eMagin Corporation

   A leader in virtual imaging technology, eMagin integrates
high-resolution OLED microdisplays, magnifying optics, and systems
technologies to create a virtual image that appears comparable to that
of a computer monitor or a large-screen television. With unique
technology for producing high-performance small molecule
OLED-on-silicon microdisplays and related optical systems, eMagin is
the only company to supply these displays in commercial quantities to
OEMs. In addition, the company sells integrated modules to military,
industrial and medical customers, and has recently announced its first
consumer system, the Z800 3D Visor. eMagin's microdisplay operations
are co-located with IBM on its campus in East Fishkill, N.Y. Optics
and system design facilities are located in Redmond, Wash. For
additional information, please visit www.emagin.com and
www.3dvisor.com

   Forward Looking Statements

   This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These statements relate to
future events or our future financial performance. In some cases, you
can identify forward-looking statements by terminology such as "may,"
"will," "should," "expect," "plan," "anticipate," "believe,"
"estimate," "predict," "potential" or "continue," the negative of such
terms, or other comparable terminology. These statements are only
predictions. Actual events or results may differ materially from those
in the forward-looking statements as a result of various important
factors, including those described in the Company's most recent
filings with the SEC. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, such
statements should not be regarded as a representation by the Company,
or any other person, that such forward-looking statements will be
achieved. The business and operations of the Company are subject to
substantial risks, which increase the uncertainty inherent in
forward-looking statements. We undertake no duty to update any of the
forward-looking statements, whether as a result of new information,
future events or otherwise. In light of the foregoing, readers are
cautioned not to place undue reliance on such forward-looking
statements.