WESTBOROUGH, Mass., May 21, 2024–(BUSINESS WIRE)–Kopin Corporation (“Kopin” or the “Company”) (Nasdaq: KOPN), a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, under -microdisplay assemblies and related components for defense, enterprise, industrial and consumer products, announced today that Scott Anchin, director of the board and head of the audit committee, has notified the Company of his intention to step down from his position of the board, starting from May 31St. God. Anchin has entered into a new employment agreement with another company that requires him to resign from all non-Board roles.
Kopins Board Chairman James Brewington commented: “Scott has been an integral part of our Board and we have valued his leadership and advice over the past five years. Among other things, Scott was instrumental in helping us to identifying our current CEO, Michael Murray, and helping Michael through the transition We wish Scott success in the next chapter of his career.
Kopin has engaged Egon Zehnder, a leading global consulting firm to identify Mr. Replacing Anchin on the Board of Directors.
About Kopi
Kopin Corporation is a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, microdisplay subassemblies and related components for defense, enterprise, industrial and consumer products. Our products are used for military, avionics, armored vehicle and training and simulation applications for defense applications; industrial, public safety and medical headphones; 3D optical inspection systems; and wearable consumer augmented reality (“AR”) and virtual reality (“VR”) headset systems. For more information, please visit Kopin’s website at www.kopin.com.
Kopin is a trademark of Kopin Corporation.
Forward-looking statements
The statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act. Value of 1934, amended. (the “Exchange Act”), which are subject to the safe harbor created by such sections. Words such as “expects,” “believes,” “may,” “will,” “estimates,” and variations of such words and similar expressions, and their negatives, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any “forward-looking statements,” which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve risks, uncertainties, estimates of certain. , and assumptions by us that are difficult to predict. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as otherwise required by federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results may differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management’s expectations are described in our Annual Report on Form 10-K, or as updated from time to time in our filings with the Securities and Exchange Commission.
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contacts
For Investor Relations
Kopin Corporation
Richard Sneider
Treasury and Chief Financial Officer
rsneider@kopin.com
MZ Contact
Brian M. Prenoveau, CFA
MZ Group MZ North America
KOPN@mzgroup.us
+561 489 5315
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