eMagin Announces New Breakthrough OLED-XL Displays; New Display Class Provides World's Highest Luminance and Longest Lifetime O

eMagin Corporation (AMEX:EMA), the leader in organic
light-emitting diode (OLED) microdisplays, today announced the first
four product offerings of its breakthrough OLED-XL(TM) microdisplay
portfolio. eMagin's proprietary OLED-XL displays provide a new level
of high performance imaging, with up to 410,000 hours luminance life,
the widest temperature range, and the lowest power requirement of any
commercially available SVGA resolution microdisplay system. Combined
with magnifying optics, OLED-XL displays create large, high resolution
virtual images that are extremely compact and portable for use in
personal display systems for applications ranging from PC gaming,
portable media players such as iPods, and wireless Internet appliances
to thermal imaging, situational awareness, and training and
simulation, as well as other emerging consumer, industrial, and
military near-eye display applications.
   OLED-XL displays are built on eMagin's original active matrix
SVGA-3D and SVGA+ integrated circuits, using the same electronic
interfaces to facilitate drop-in capability for OEMs. Incorporation of
a unique merger of advanced OLED materials with eMagin's new
top-emitting stacked device structures, built using proprietary
processes, yield significant improvements in lifetime and luminance
for the new class of displays.
   The new OLED-XL devices typically have 6-10 times longer luminance
half life and exhibit 3-5 times the efficiency, depending on the
specific OLED-XL product and operating parameters. This large
efficiency increase permits OLED-XL displays to be capable of much
higher luminance without any added power consumption. Typical power
consumption of a full color SVGA+ or SVGA 3D OLED-XL display running
60 Hz movie-like video at 60 cd/m2 is less than 300 mW. No heaters or
special modes are required to achieve high quality, instant-on video
performance at temperatures between -67 degrees F (-55 degrees C) and
+185 degrees F (+85 degrees C).
   "OLED-XL technology is a very important advance for OLED devices.
Less power is required to achieve a chosen brightness, and OLED-XL
displays offer up to an order of magnitude longer luminance half-life
and significantly higher OLED efficiency over our already
high-performing OLED displays," said Susan Jones, eMagin's chief
marketing officer. "Our breakthrough OLED-XL displays will open up
more virtual imaging applications that require higher luminance and
longer luminance half-life, such as see-through imaging applications.
These displays will also be useful to customers requiring the longest
battery life possible for viewing high performance, high resolution
images. These enhancements show our commitment to continual
improvement of products to meet our customers' needs, and raise a new
standard for near-eye displays for a wide range of mobile imaging
applications."
   SVGA+ OLED-XL displays (852x3x600 pixels) are available in full
color, white monochrome, and green monochrome. SVGA-3D OLED-XL
displays (800x3x600 pixels) are available in full-color. eMagin's
original OLED displays remain available in the same array of colors.
OLED displays are already the core imager for many military,
industrial, commercial, and consumer imaging systems.

   Typical characteristics measured:
-0-
*T
(1) SVGA+ Full-Color

                                      OLED              OLED-XL
                                  (EMA-100080)        (EMA-100160)
----------------------------------------------------------------------
Maximum display luminance          250 cd/m2          1,000 cd/m2
----------------------------------------------------------------------
Efficiency after filters            0.5 cd/A            2.1 cd/A
----------------------------------------------------------------------
Video half life @ 60 cd/m2         11,000 hr           75,000 hr
----------------------------------------------------------------------

(2) SVGA+ Green Monochrome

                                      OLED              OLED-XL
                                  (EMA-100110)        (EMA-100162)
----------------------------------------------------------------------
Maximum display luminance         3,500 cd/m2         14,000 cd/m2
----------------------------------------------------------------------
Efficiency                          3.5 cd/A            18 cd/A
----------------------------------------------------------------------
Video half life @ 1000 cd/m2        2,500 hr           24,000 hr
----------------------------------------------------------------------
Video half life @ 60 cd/m2         38,000 hr           410,000 hr
----------------------------------------------------------------------

(3) SVGA+ White Monochrome

                                      OLED              OLED-XL
                                  (EMA-100100)        (EMA-100161)
----------------------------------------------------------------------
Maximum display luminance          1200 cd/m2         5,000 cd/m2
----------------------------------------------------------------------
Efficiency                          2.5 cd/A           10.5 cd/A
----------------------------------------------------------------------
Video half life @ 60 cd/m2         45,000 hr           320,000 hr
----------------------------------------------------------------------

(4) SVGA 3D Full-Color

                                      OLED              OLED-XL
                                  (EMA-100052)        (EMA-100163)
----------------------------------------------------------------------
Maximum display luminance          250 cd/m2          1,000 cd/m2
----------------------------------------------------------------------
Efficiency after filters            0.5 cd/A            2.1 cd/A
----------------------------------------------------------------------
Video half life @ 60 cd/m2         11,000 hr           75,000 hr
----------------------------------------------------------------------
*T

   Note: Maximum luminance is measured in high luminance mode. Video
half life is based on extrapolated accelerated test data over 2500
actual hours and assuming a nominal 25% duty cycle movie-like video at
approximately 70 degrees F and at above stated peak pixel luminance.
All values are typical of or extrapolated from display data taken
during testing. 60cd/m2 is a typical display surface luminance used in
many near-to-eye virtual imaging video applications.
   Interested OEMs should contact eMagin customer support at
[e-mail] to request quotations or additional information about
OLED-XL display evaluation kits. OLED-XL displays are available now in
sample quantities.

   About eMagin Corporation

   A leader in personal display systems and OLED microdisplay
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's first personal display system, the Z800 3DVisor,
which provides superb 3D stereovision and headtracking for PC gaming,
training and simulation, and other applications. It won the CEA's
Innovation of Year award in the digital display category and won
additional recognition in the electronic gaming category. 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.

   Forward Looking Statements

   This press 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, including those regarding
eMagin Corporation and its subsidiaries' expectations, intentions,
strategies and beliefs pertaining to future events or future financial
performance. All statements contained herein are based upon
information available to eMagin's management as of the date hereof,
and actual results may vary based upon future events, both within and
without eMagin management's control. 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.