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KOPN Kopin Corporation

1.16
-0.03 (-2.52%)
18 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kopin Corporation NASDAQ:KOPN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -2.52% 1.16 1.15 3.55 1.25 1.18 1.21 1,302,731 05:00:14

Kopin Subsidiaries Renamed Under Unified Kopin Brand

20/11/2024 1:30pm

Business Wire


Kopin (NASDAQ:KOPN)
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Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, is pleased to announce that its subsidiaries, Forth Dimension Displays Limited and NVIS Inc., will be renamed under the Kopin brand. Forth Dimension Displays has been renamed as Kopin Europe Limited, and NVIS is now known as Kopin Virginia, Inc. This renaming reflects the Company’s streamlining of focus and resources under the Kopin name and will enhance efficiencies, the Company’s global presence and brand recognition.

In early 2024 Kopin began uniting its subsidiary companies under one unified brand - Kopin.

We are proud to announce a significant strategic move aimed at unifying our operating groups under one organization and brand. This consolidation brings together the collective expertise, resources, and vision of the Company’s various divisions, aligning them with a shared mission to deliver application-specific optical solutions across diverse markets.

“This unification underscores Kopin's commitment to serving its stakeholders through a more focused, efficient and innovative approach,” said Paul Baker, COO of Kopin Corporation. “By combining talent, resources and infrastructure, the Company is poised to streamline operations and maximize its ability to develop cutting-edge solutions that elevate human performance in mission-critical applications. This strategic alignment will further enhance the Company’s capacity to create and manufacture advanced products that meet the growing needs of our global customer base.”

"Our decision to reorganize and rename our subsidiaries under the Kopin brand reflects our dedication to streamlining our operations, unifying our brand and reinforcing our market position," said Michael Murray, CEO of Kopin Corporation. "We remain committed to our employees, customers and partners, and this transition will enable us to better serve them."

Business operations will proceed as usual, with the same commitment to excellence and innovation that stakeholders have come to expect.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) 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. Kopin is a trademark of Kopin Corporation.

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Contact Information For Investor Relations Kopin Corporation Richard Sneider, Treasurer and Chief Financial Officer Richard_Sneider@kopin.com 508-870-5959

MZ Contact Brian M. Prenoveau, CFA MZ Group – MZ North America KOPN@mzgroup.us 561-489-5315

Lightspeed PR Contact Grace Halvorsen Lightspeed PR/M Kopin@lightspeedpr.com

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