Liteye Steps Up Production Orders of eMagin OLED Microdisplays; Production Systems Going to USA, Europe, and Australia

Liteye Systems, Inc. announced today that it has placed
an order for initial production quantities of OLED microdisplays
manufactured by eMagin Corporation (AMEX: EMA) to fill orders received
from military and industrial customers in the United States, Europe,
and Australia. Liteye has been developing low-power rugged monocular
displays based on eMagin's OLED microdisplays for more than two years.
   Kenneth Geyer, vice president of development, Liteye Systems,
noted that the new orders come from numerous military and industrial
customers who are moving from the testing and evaluation phase into
deployment. "The outlook for 2006 and 2007 is bright as we anticipate
additional programs moving into deployment phases."
   Geyer noted that Liteye products are now in use in areas as
diverse as dismounted soldier programs, infrared cameras,
telemedicine, portable ultrasound, and the maintenance and repair
markets.
   "We are pleased that Liteye has chosen our displays for these
products," said Susan Jones, executive vice president and chief
marketing and strategy officer, eMagin Corporation. "Liteye's advances
in optics and electronics with their LE-450 and LE-500 amplify the
utility of the OLED displays in delivering outstanding low-power
near-eye systems."

   About Liteye Systems

   Liteye Systems, located in Centennial Colorado, is a leading
designer and manufacturer of head mounted displays and miniature
display solutions. The Liteye family of products is distinguished by
their unique combination of patented optics and rugged lightweight
designs. Liteye integrates OLED microdisplays with other technologies
to provide solutions to military, industrial, medical, and infrared
customers worldwide. Their newest product, the see-through LE-500, is
the latest in a long line of HMD solutions. For more information about
Liteye Systems visit http://www.liteye.com or call [phone].

   About eMagin Corporation

   A leader in OLED microdisplay and virtual imaging technologies,
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. eMagin's OLED displays have broad market reach and are
incorporated into a variety of near-to-eye imaging products by
military, industrial, medical and consumer OEMs who choose eMagin's
award-winning technology as a core component for their solutions.
eMagin has recently introduced its first direct-to-consumer system,
the Z800 3DVisor, which provides superb 3D stereovision and
headtracking for PC gaming, training and simulation, and business
applications. eMagin's microdisplay manufacturing and R&D operations
are co-located with IBM on its campus in East Fishkill, New York.
System design facilities and sales and marketing are located in
Bellevue, Washington. A sales office is located in Tokyo, Japan. For
additional information, please visit www.emagin.com and
www.3dvisor.com.