Demos Highlight Unique Benefits of Hands-Free, Cloud Computing Capability of Golden-i with Verizon's 4G LTE Network
From the 2012 Consumer Electronics Show (CES), Kopin® Corporation (NASDAQ: KOPN) announced that Verizon Wireless and Kopin are demonstrating "Remote Video Expertise" capability of Golden-i Computing Headsets, utilizing Verizon's 4G LTE network, in the Verizon booth ( Las Vegas Convention Center, South Hall, Booth #30259).
Golden-i is a wireless cloud computing and communication headset providing a full PC experience that is operated by speech recognition and/or natural gestures. Golden-i with attached or wireless remote cameras can also provide real-time streaming video to both the operator and other participants, allowing them to see exactly the same image simultaneously. This combination of Golden-i's unique capabilities allows a technician, be they a utility pole repairman, an automobile assembly line worker or an emergency room nurse, to wirelessly access critical information over the Internet while also interacting with one or more off-site technicians or subject matter experts to solve the problem.
"In order for Golden-i to reach its true potential, it needs the power that Verizon's 4G LTE network provides," said Dr. John C.C. Fan, president and chief executive officer of Kopin. "The data handling capacity and exceptional signal strength of Verizon's 4G LTE service is critical for organizations focused on remote service, maintenance, medical services and public safety. We believe the CES presentation is the first time industry will see the vast benefits that collaborations between Verizon's 4G LTE and Kopin's Golden-i can offer to future productivity improvements."
Kopin Corporation's Golden-i has received the 2011 Product Innovation of the Year award from the Technical Service Industry Association (TSIA) and 2011 "Best in Show" award from World Future Society, and was selected as one of 10 Coolest Tech of the Year in 2011 by Scientific American and Top 100 Innovations to Watch by Popular Science. Golden-i Headset Development Kits are available for purchase ($2,500 each plus tax and shipping) at www.mygoldeni.com. Motorola Solutions Inc. is planning to introduce a ruggedized Golden-i product for industrial applications in 2012.
Verizon Wireless leads the way in with the largest 4G LTE and most reliable 4G network in the United States, which now covers more than 200 million people in 190 markets.
Verizon established its Innovation Program to encourage collaboration and help advance the 4G LTE ecosystem. The company's LTE Innovation Center in Waltham, Mass., and its Application Innovation Center in San Francisco were created to inspire, enable and develop non-traditional devices, services and applications that take advantage of Verizon Wireless' industry-leading wireless networks. Through the Innovation Program, Verizon seeks to expand the possibilities of 4G LTE by working with diverse companies, from start-ups to established players, in industries representing a broad range of verticals.
For more information about Verizon at CES, visit www.verizonwireless.com/ces or follow Verizon Wireless news on Twitter at @VZWnews. For more information about Kopin Corporation, visit www.kopin.com.
(EDITOR'S NOTE: Media attending CES 2012 in Las Vegas can visit Verizon Wireless and Kopin at LVCC, South Hall, Booth #30259.)
About Verizon Wireless
Verizon Wireless operates the nation's largest 4G LTE network and largest, most reliable 3G network. The company serves 107.7 million total wireless connections, including 90.7 million retail customers. Headquartered in Basking Ridge, N.J., with nearly 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
About Kopin
Kopin Corporation's voice-activated, wireless, hands-free Golden-i® mobile computing headsets, ruggedized military imaging systems, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 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 and www.mygoldeni.com.
Kopin, Golden-i and The NanoSemiconductor Company are trademarks of Kopin Corporation.
Safe Harbor Statement
Statements in this news release may be considered "forward-looking" statements under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including without limitation, statements made relating to: Golden-i's potential benefits and productivity improvements with Verizon 4G LTE network; and projection that Motorola isplanning to introduce a ruggedized Golden-i product in 2012. 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. These risks and uncertainties include, but are not limited to, there may be no market demand for Golden-i,manufacturing, marketing or other issues that may prevent either the adoption or acceptance of Golden-i products; Golden-icontains a significant software component and there may be issues or "bugs"which we can not correct which may prevent or delay the sale of Golden-i; vendors and suppliers, including software vendors, may discontinue products which are necessary for Golden-i to function; Motorola, suppliers and vendors may terminate their involvement in the Golden-i product development which may prevent or delay the sale of Golden-i products; we may be unable to manufacture Golden-i product or have the Golden-i product manufactured for us; if we are able to get the Golden-i manufactured we may not be able to have it manufactured at a cost which allows us to earn a profit; the potential that costs to develop and produce the Golden-i may be significant; manufacturing delays, technical issues, economic conditions or external factors may prevent the development of and or sale of Golden-i; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 25, 2010, and the Company's subsequent filings 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 circumstances occurring after the date of this report.
Kopin - The NanoSemiconductor Company®
Contacts:
INVESTORS:
Kopin Corporation
Richard Sneider,
508-824-6696
rsneider@kopin.com
or
MEDIA:
RDW
GROUP, Inc.
Dante Bellini, Jr., 401-553-5131
dbellini@rdwgroup.com
or
Verizon
Wireless
Debra Lewis, 908-559-7512
Debra.Lewis@verizonwireless.com
