<DOCUMENT>
<TYPE>EX-99.1
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<FILENAME>a5525382ex99_1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
                                                                    Exhibit 99.1

    NASDAQ Board Grants Kopin Additional Time to Regain Compliance

    TAUNTON, Mass.--(BUSINESS WIRE)--Oct. 23, 2007--Kopin Corporation
(NASDAQ: KOPN) announced today that The Board of Directors of the
NASDAQ Stock Market LLC has granted the Company additional time to
regain compliance with Nasdaq rules regarding the timely filing of
periodic reports with the U.S. Securities and Exchange Commission. The
Board instructed the Nasdaq staff to give Kopin until December 17,
2007 to file all delinquent periodic reports necessary to regain
compliance with the filing requirement outlined in Rule 4310(c)(14).

    "In making this determination, the Board considered the actions of
the company to identify and address the underlying problems that
caused its failure to file, including its reliance on outside
advisors, and its progress towards regaining compliance," Joan C.
Conley, NASDAQ Senior Vice President and Corporate Secretary, wrote in
a letter to the Company. "The Board also considered the extraordinary
circumstances faced by numerous public companies that have been
required to restate historical financial statements due to accounting
issues, including the delays associated with conducting independent
investigations, seeking guidance from the SEC and obtaining review by
outside auditors."

    As announced by the Company in May 2007, a Special Investigative
Committee issued preliminary findings and recommendations based on its
review of Kopin's historical stock option granting practices. As part
of its preliminary findings, the Special Investigative Committee
recommended, and the Company's Board of Directors agreed, that the
Company's financial statements for the period 1995 through 2006 and
the related interim periods should not be relied upon, and that the
Company's financial statements should be restated. The Company is now
working to complete any necessary restatements of its financial
statements. As a result of the ongoing review, Kopin has not filed its
quarterly reports on Form 10-Q for the third quarter of 2006 and the
first and second quarters of 2007. The Company also is delinquent in
filing its Annual Report on Form 10-K for the 12 months ended December
31, 2006.

    If Kopin has not regained compliance by December 10, 2007, the
Board instructed the Nasdaq staff to discuss the reason for the
Company's inability to regain compliance and update the Board on
whether the staff believes Kopin's Common Stock should remain listed.

    About Kopin

    Kopin Corporation produces lightweight, power-efficient,
ultra-small liquid crystal displays and heterojunction bipolar
transistors (HBTs) that are revolutionizing the way people around the
world see, hear and communicate. Kopin already has shipped more than
20 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.

    CyberDisplay and The NanoSemiconductor Company are trademarks of
Kopin Corporation.

               Kopin - The NanoSemiconductor Company(TM)

    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. These include
statements relating to the decision by the Board of Directors of The
Nasdaq Stock Market to stay the possible suspension from trading of
Kopin's securities. 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
statements include, but are not limited to: the potential that Kopin
may be unsuccessful in obtaining a continued stay of delisting; the
potential that Kopin may not become current in its delinquent periodic
reports or file any required restatements by any requisite time
periods; and the potential that the Nasdaq staff will recommend that
the Company's shares be delisted. Factors that might affect the actual
results, performance or achievements include, among other things, the
matters discussed in this report, the restatement of the Company's
financial statements, legal, accounting and regulatory developments
relating to our stock option grants and accounting for those grants,
potential claims or liability that may arise as a result of these; and
other risk factors and cautionary statements listed in the Company's
periodic reports and registration statements filed 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 circumstance
occurring after the date of this report.

    CONTACT: Kopin Corporation
             Richard Sneider, 508-824-6696
             Chief Financial Officer
             rsneider@kopin.com
             or
             Sharon Merrill Associates, Inc.
             Scott Solomon, 617-542-5300
             Vice President
             ssolomon@investorrelations.com
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