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<SEC-DOCUMENT>0001157523-09-005579.txt : 20090804
<SEC-HEADER>0001157523-09-005579.hdr.sgml : 20090804
<ACCEPTANCE-DATETIME>20090804165716
ACCESSION NUMBER:		0001157523-09-005579
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090730
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20090804
DATE AS OF CHANGE:		20090804

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KOPIN CORP
		CENTRAL INDEX KEY:			0000771266
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				042833935
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19882
		FILM NUMBER:		09984299

	BUSINESS ADDRESS:	
		STREET 1:		695 MYLES STANDISH BLVD
		CITY:			TAUNTON
		STATE:			MA
		ZIP:			02780
		BUSINESS PHONE:		5088246696
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a6022167.htm
<DESCRIPTION>KOPIN CORPORATION 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-size: 12pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 12pt; font-family: Times New Roman"><b>Washington,
      DC 20549</b></font><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>FORM 8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>
      Pursuant to Section 13 or 15(d) of the</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>
      Securities Exchange Act of 1934</b></font><br><br><font style="font-size: 10pt; font-family: Times New Roman">Date
      of report (Date of earliest event reported): </font><font style="font-size: 10pt; font-family: Times New Roman"><b>July
      30, 2009</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>Kopin&#160;Corporation</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      Name of Registrant as Specified in Charter)</font><br><br><br>
    </p>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Delaware
          </p>
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; width: 34%; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>000-19882</b>
          </p>
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; width: 33%; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>04-2833935</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            incorporation)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: center; width: 34%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
        </td>
        <td valign="top" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer Identification No.)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>200 John Hancock Road<br>Taunton, MA &#160;&#160;02780</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of Principal Executive Offices)&#160;(Zip Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <b>(508) 824-6696</b><br>&#160;Registrant's telephone number, including area
      code<br>
    </p>
    <p style="text-align: center">
      <b>N/A</b><br>(Former name or former address, if changed since last
      report)
    </p>
    <p style="text-align: center">

    </p>
    <p style="font-family: Times New Roman; text-indent: 30.0px; font-size: 10pt">
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      1.01&#160;&#160;&#160;&#160;&#160;Entry into a Material Definitive Agreement.</b></font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt; font-family: Times New Roman">On July 30,
      2009, Kopin Corporation (the &#8220;Company&#8221;) purchased 19,572,468 shares of
      Kopin Taiwan Corporation, (&#8220;KTC&#8221;) common stock for approximately
      $5,975,000.&#160;&#160;The Company has also agreed to purchase 128,226 shares of
      KTC from Microelectronics Technology Inc. (&#8220;MTI&#8221;) as described
      below.&#160;&#160;As a result of these two transactions and the Company&#8217;s previous
      investments in KTC, the Company will own approximately 87% of the
      outstanding common stock of KTC. The remaining 13% will be held by other
      investors and employees of KTC.&#160;&#160;In conjunction with this financing, KTC
      has agreed to repay the outstanding balance of the loans due to the
      Company from KTC in the aggregate amount of approximately
      $2,000,000.&#160;&#160;As a result of the Company&#8217;s increased ownership position
      in KTC, on a going forward basis the Company plans to consolidate KTC&#8217;s
      financial statements with the Company&#8217;s own financial statements.</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt">
      </font><font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      2.02&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b></font>
    </p>
    <p style="text-align: justify">
      The Company issued a press release on August 4, 2009, a copy of which is
      attached as Exhibit 99.1 to this report and incorporated herein by this
      reference, in which the company announced financial results for the
      second quarter ended June 27, 2009.&#160;&#160;This information shall not be
      deemed to be &#8220;filed&#8221; for the purposes of Section 18 of the Securities
      Exchange Act of 1934, as amended, and shall not be deemed to be
      incorporated by reference in any filing under the Securities Act of
      1933, as amended.
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt">
      </font><font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      5.05&#160;&#160;&#160;&#160;&#160;Amendments to the Registrant's Code of Ethics, or Waiver of a
      Provision of the Code of Ethics.</b></font>
    </p>
    <p style="text-align: justify">
      In connection with the acquisition of shares of KTC stock, the Audit
      Committee of the Board of Directors of the Company (the &#8220;Audit
      Committee&#8221;) waived the potential application of the Company&#8217;s Code of
      Business Conduct and Ethics to the Company&#8217;s purchase of the KTC shares
      of capital stock described in Item 1.01 above.&#160;&#160;The Company&#8217;s Code of
      Business Conduct and Ethics generally prohibits conflicts of
      interests.&#160;&#160;The&#160;Company notes that one of its directors, Dr. Chi Chia
      Hsieh, is also the Chairman of KTC and the Vice Chairman of MTI.&#160;&#160;While
      the Company&#8217;s Code of Business Conduct and Ethics may consider Dr.
      Hsieh&#8217;s position in KTC and MTI to be a conflict of interest, the Audit
      Committee has determined that the transaction is advisable to the
      Company and has determined that a waiver of such requirements is
      appropriate in this instance.&#160;&#160;
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt">
      </font><font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b></font>
    </p>
    <p style="white-space: nowrap">
      <b>(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.</b>
    </p>
    <p style="text-align: left; margin-left: 30.0px">
      99.1&#160;&#160;Press Release dated August 4, 2009, announcing Kopin Corporation&#8217;s
      financial results for the second quarter ended June 27, 2009.
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURE</b></font>
    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; width: 4%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: center; border-bottom: solid black 1.0pt; width: 35%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Kopin&#160;Corporation
          </p>
        </td>
        <td style="width: 11%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: center; width: 35%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Registrant)
          </p>
        </td>
        <td style="width: 11%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 35%">

        </td>
        <td valign="top" style="text-align: left; width: 11%; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 11%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; width: 5%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; width: 45%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            August 4, 2009
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; width: 4%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; width: 35%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Richard A. Sneider
          </p>
        </td>
        <td style="width: 11%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="text-align: center; width: 35%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Signature)
          </p>
        </td>
        <td style="width: 11%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 35%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name: Richard A. Sneider
          </p>
        </td>
        <td style="width: 11%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 35%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title: Chief Financial Officer
          </p>
        </td>
        <td style="width: 11%">

        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; width: 12%; padding-left: 0.0px">
          Exhibit
        </td>
        <td style="width: 3%">
          &#160;
        </td>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; width: 85%; padding-left: 0.0px">
          Description
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; width: 12%; padding-right: 0.0px; padding-left: 0.0px">
          99.1
        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="text-align: left; width: 85%; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated August 4, 2009 entitled &#8220;Kopin Reports
            Second-Quarter 2009 Financial Results&quot;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>

    </p>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a6022167ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Kopin
      Reports Second-Quarter 2009 Financial Results</b></font>
    </p>
    <p>
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>-
      Company Posts Net Income of $3.7 Million on Solid Top-Line Growth</b></font></i>
    </p>
    <p>
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>-
      Military Display Product Revenue Increases 104% to $13.7 Million</b></font></i>
    </p>
    <p>
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>-
      Gross Margin Improves 300 Basis Points</b></font></i>
    </p>
    <p>
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>-
      Kopin Concludes Quarter with $105.8 Million in Cash and Marketable
      Securities</b></font></i>
    </p>
    <p>
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>-
      Company Affirms Full-Year 2009 Revenue Outlook</b></font></i>
    </p>
    <p>
      TAUNTON, Mass.--(BUSINESS WIRE)--August 4, 2009--Kopin Corporation
      (NASDAQ: KOPN) today reported financial results for the quarter ended
      June 27, 2009.
    </p>
    <p>
      &#8220;Our strong second-quarter results reflect the continued growth in sales
      of displays for military applications and the increasing contribution of
      our III-V product line, which is gaining momentum as the macroeconomic
      climate begins to improve,&#8221; said Kopin President and Chief Executive
      Officer Dr. John C.C. Fan. &#8220;The sequential rebound in the top line also
      underscores the success of our strategy to drive value for tier one
      customers through superior products and technology advancements while
      maintaining a healthy balance sheet.&#8221;
    </p>
    <p>
      <b>Financial Highlights</b>
    </p>
    <p>
      Total revenues increased approximately 9% to $28.2 million in the second
      quarter of 2009 from $25.8 million for the comparable period of 2008,
      and 31% from $21.5 million in the first quarter this year.
    </p>
    <p>
      CyberDisplay revenue grew 31% to $17.9 million from $13.6 million in the
      second quarter of 2008, paced by the Company&#8217;s display products for
      military applications. On a sequential basis, CyberDisplay revenue rose
      22% from $14.6 million in the first quarter of 2009. Military display
      product revenue increased 104% to $13.7 million in the second quarter of
      2009 from $6.7 million in the comparable 2008 period, and grew 21%
      sequentially from $11.3 million in the first quarter of 2009. III-V
      revenue declined 15% to $10.4 million from $12.2 million in the second
      quarter of 2008, and increased 51% to $10.4 million compared with $6.9
      million in the first quarter of this year.
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Gross margin for the second quarter of 2009 improved 300 basis points to
      26% of net product revenues from 23% for the same period in 2008, and
      declined from 29% of net product revenues in the first quarter of 2009.
      Differences in gross margin largely reflected variations in sales mix
      between CyberDisplay and III-V products in the respective periods.
    </p>
    <p>
      Net income for the second quarter of 2009 was $3.7 million, or $0.05 per
      diluted share, compared with a net loss of $1.7 million, or $0.02 per
      share, in the second quarter of 2008. Financial results for the three
      months ended June 27, 2009 included a $0.7 million loss related to
      foreign currency fluctuations and a $1.5 million gain from the sale of
      certain patents that the Company no longer uses. Financial results for
      the comparable quarter of 2008 included a $0.4 million gain related to
      foreign currency fluctuations and an impairment charge of $0.7 million
      related to the Company's equity investment in a non-marketable security.
    </p>
    <p>
      As of June 27, 2009, Kopin had cash and marketable securities of $105.8
      million, an increase of approximately $5.8 million from December 27,
      2008. The Company has no long-term debt. For the six months ended June
      27, 2009, Kopin has generated $12.2 million of cash flow from operating
      activities and has spent $5.3 million on the repurchase of its stock.
    </p>
    <p>
      <b>Business Highlights</b>
    </p>
    <p>
      <i><b>CyberDisplay Products</b></i>
    </p>
    <p>
      &#8220;Our strategy of focusing on higher-value product applications continues
      to drive strong top-line growth,&#8221; Dr. Fan said. &#8220;In the second quarter,
      revenue from military display products grew approximately 21%
      sequentially and 104% year-over-year, fueled by solid orders for the
      U.S. Army&#8217;s Thermal Weapon Sight (TWS) programs. We expect to see
      sustained momentum in our military display product line as TWS
      production continues to ramp in 2009.&#8221;
    </p>
    <p>
      <i><b>III-V Products</b></i>
    </p>
    <p>
      &#8220;Complementing the performance of our display products, our III-V
      business contributed measurably to top-line results in the second
      quarter,&#8221; Dr. Fan continued. &#8220;Despite a macroeconomic environment that
      remained challenging, III-V product revenue grew 51% from the first
      quarter of this year, reflecting positive demand momentum. Our III-V
      technology enables integrated circuit manufacturers to enhance the
      features and functionality of a broad range of products. The
      sophisticated engineering of our transistors makes them particularly
      well suited for Smartphones and other advanced wireless devices, which
      require highly complex structures to transmit video, voice and data with
      speed and efficiency.&#8221;
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Subsequent to the second quarter, Kopin entered into two transactions to
      purchase a total of 19.7 million shares of Kopin Taiwan Corporation,
      (&#8220;KTC&#8221;) common stock for approximately $6.3 million. As a result of
      these transactions and the Company&#8217;s previous investments in KTC, the
      Company will own approximately 87% of the outstanding common stock of
      KTC. This additional investment is designed to capitalize on the demand
      for Taiwan&#8217;s fast-growing foundry services fueled by the expanding
      telecommunications and wireless markets. The investment also enables
      Kopin to meet its customers&#8217; demands as they transition from using
      4-inch gallium arsenide (GaAs) wafers to 6-inch GaAs wafers.
    </p>
    <p>
      <i><b>Golden-i</b></i>
    </p>
    <p>
      In May, Kopin introduced and demonstrated Golden-i&#8482;, a revolutionary
      headset concept which provides visual and verbal access to an array of
      host devices, including cellular phones, portable computers, company
      networks and wireless systems, through a 15-inch virtual display with a
      hands-free natural speech recognition interface. It is the world&#8217;s first
      wireless, voice-command-and-control microdisplay system, and is
      initially targeted for the industrial market. Weighing a mere three
      ounces, Golden-i is designed to provide spontaneous access to virtually
      any information &#8211; in 24-bit full color with DVD quality video &#8211;
      worldwide.
    </p>
    <p>
      &#8220;The initial response to our Golden-i concept has been extremely
      positive,&#8221; Dr. Fan said. &#8220;Both developers and prospective users are
      energized about the portable computing potential for Golden-i in
      industrial applications. We are pleased to be working with several
      strategic business partners, including Microsoft, Motorola, Nuance
      Communications and Texas Instruments, as Golden-i begins field testing.&#8221;
    </p>
    <p>
      <b>Six-Month Results</b>
    </p>
    <p>
      For the six months ended June 27, 2009, total revenues were $49.7
      million, compared with $55.0 million for the same period of 2008.
      CyberDisplay revenue increased 6% to $32.5 million from $30.7 million
      for the first six months of 2008. Revenue from III-V products was $17.2
      million for the first six months of 2009, compared with $24.3 million
      for the six months ended June 28, 2008.
    </p>
    <p>
      Display revenue by category was as follows:
    </p>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px" colspan="4">
          <b>Three Months Ended</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px" colspan="4">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Display Revenues by Category </b><br><b>($ in millions)</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>June 27, 2009</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>June 28, 2008</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>June 27, 2009</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>June 28, 2008</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 20.0px">
          Consumer Electronic Applications
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          $ 2.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          $3.8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          $ 4.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          $10.1
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 20.0px">
          Military Applications
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          13.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          6.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          25.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          14.0
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 20.0px">
          Eyewear Applications
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          0.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          1.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          0.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          3.2
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 20.0px">
          Research &amp; Development
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>1.8</u>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>1.5</u>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2.5</u>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>3.4</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 20.0px">
          Total
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $17.9
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $13.6
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $32.5
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $30.7
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      For the six months ended June 27, 2009, Kopin reported net income of
      $5.6 million, or $0.08 per diluted share, compared with a net loss of
      $0.7 million, or $0.01 per share, for the same period of 2008. Financial
      results for the six months ended June 27, 2009 included a $0.1 million
      gain related to foreign currency fluctuations, $4.1 million in gains
      from the sale of certain patents that it no longer uses and an
      impairment charge of $0.9 million related to the Company's equity
      investments in marketable securities. Financial results for the
      comparable period of 2008 included a $0.8 million gain related to
      foreign currency fluctuations and an impairment charge of $0.7 million
      related to the Company's equity investment in a non-marketable security.
    </p>
    <p>
      <b>Share Repurchase Program</b>
    </p>
    <p>
      During the second quarter of 2009, the Company repurchased 1,564,575
      shares for approximately $4.4 million as part of a share repurchase plan
      that authorizes Kopin to purchase up to $15 million of its common stock.
      For the six months ended June 27, 2009 Kopin has purchased 2,046,399
      shares for approximately $5.3 million. Kopin plans to buy shares in the
      open market or through privately negotiated transactions from time to
      time, subject to market conditions and other factors and in compliance
      with applicable legal requirements. The plan does not obligate Kopin to
      acquire any particular amount of common stock, and can be suspended at
      any time at the Company&#8217;s sole discretion.
    </p>
    <p>
      <b>Business Outlook</b>
    </p>
    <p>
      Kopin maintains its expectation for full-year 2009 revenue of between
      $90 million and $110 million. The Company continues to expect that the
      global economic recession will result in lower revenues from commercial
      and industrial products in 2009 compared with 2008, but that military
      display revenues will increase year-over-year in 2009. Kopin&#8217;s forecast
      is based on discussions with customers and its assumptions about the
      prolonged duration of the economic recession and not on firm
      non-cancellable purchase orders.
    </p>
    <p>
      &#8220;Although we continue to believe that the most challenging portion of
      2009 is behind us, our visibility into sales of display products into
      consumer electronic applications is still limited by macroeconomic
      uncertainty,&#8221; Dr. Fan said. &#8220;Our eyewear customers, which tend to be
      small start-up companies, are bearing the brunt of the challenging
      credit environment. On the positive side, we expect our participation in
      the TWS programs and other weapons sight programs to generate sustained
      momentum for our military display product line. In addition, the
      cellphone market is strengthening, as many of our III-V customers have
      reported over the past couple of weeks, which should result in continued
      growth of our III-V revenue in the second half of 2009.&#8221;
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;By virtually every measure we are uniquely well positioned for the
      future,&#8221; Dr. Fan said. &#8220;Our proprietary display and III-V technologies
      enable customers to solve complex technical challenges with solutions
      that achieve both time-to-market advantages and reduce manufacturing
      costs. In addition, we are adding to our more than 200 issued and
      pending patents. We have combined our technical expertise and global
      intellectual property portfolio with broad manufacturing capability and
      capacity, taking our innovative products to market-leading positions.
      Even as we continue to invest to develop new technologies and products,
      we have not wavered from our commitment to a strong balance sheet free
      of long-term debt. Especially in today&#8217;s unsettled economic climate, we
      see our financial strength as a key competitive advantage as we go
      forward.&#8221;
    </p>
    <p>
      <b>Second-Quarter Conference Call</b>
    </p>
    <p>
      In conjunction with its second-quarter 2009 financial results, Kopin
      will host a teleconference call for investors and analysts at 5:00 p.m.
      ET today. To hear the conference call, please dial (877) 407-5790 (U.S.
      and Canada) or (201) 689-8328 (International). The call also will be
      available as a live and archived audio webcast on the &quot;Investors&quot;
      section of the Kopin website, <u>www.kopin.com</u>.
    </p>
    <p>
      <b>About Kopin</b>
    </p>
    <p>
      Kopin Corporation produces lightweight, power-efficient, ultra-small
      liquid crystal displays and III-V products, including heterojunction
      bipolar transistors (HBTs), that 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 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 III-V technologies are protected by more than 200 global
      patents and patents pending. For more information, please visit Kopin's
      website at <u>www.kopin.com</u>.
    </p>
    <p>
      CyberDisplay and The NanoSemiconductor Company are trademarks of Kopin
      Corporation.
    </p>
    <p style="text-align: center">
      Kopin &#8211; The NanoSemiconductor Company&#8482;
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Safe Harbor Statement</b></i>
    </p>
    <p>
      <i>Statements in this news release may be considered &quot;forward-looking&quot;
      statements under the &quot;Safe Harbor&quot; provisions of the Private Securities
      Litigation Reform Act of 1995. These include, without limitation,
      statements relating to our belief that our III-V product line is gaining
      momentum; our belief that our rebound in top line revenue underscores
      the success of our strategy to drive value for tier one customers; our
      belief that focusing on higher-value product applications continues to
      drive strong top-line growth; our expectation that we will see sustained
      momentum in our military display product line as TWS production
      continues to ramp in 2009; our belief that our transistors are
      particularly well suited for Smartphones and other advanced wireless
      devices; our expectation that our additional investment in KTC will
      enable us to meet customer demands as our customers transition to 6-inch
      GaAs wafers; our belief that the initial response to the Golden-i
      concept has been extremely positive; our belief that both developers and
      prospective users are energized about the potential for Golden-i; our
      expectation that we will buy back shares of our common stock; our
      expectation that the global economic recession will result in lower
      revenues but that military sales will increase year-over-year in 2009;
      our belief that the most challenging portion of 2009 is behind us; our
      expectation that our participation in the TWS programs and other weapons
      sight programs will generate sustained momentum for our military display
      products; our belief that the cell phone market is strengthening and
      should result in continued growth of our III-V revenue in the second
      half of 2009; our belief that we are well positioned for the future; our
      expectation that our financial strength is a key competitive advantage;
      and the expectation that Kopin's 2009 revenues will be in the range of
      $90 million to $110 million. 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, the potential that: the
      U.S. Army's Thermal Weapon Sight programs will not continue to ramp
      production in 2009 or if they do the Company will be unable to produce
      the product for these programs; field tests of Kopin's Golden-i product
      may prove unsuccessful; the Company may be unable to produce Golden-i in
      commercial volumes; the relationship between Kopin and its Golden-i
      technology partners may not be successful, or prospective customers may
      be unwilling to purchase the product; the Company's 2009 revenue
      expectations will turn out to be wrong; manufacturing, marketing or
      other issues may prevent either the adoption or rapid acceptance of
      products; the Company will be adversely affected by competitive products
      and pricing; new product initiatives and other research and development
      efforts may not be successful; the Company could experience the loss of
      significant customers; costs to produce the Company's microdisplay and
      HBT products will increase significantly, or that yields will decline;
      military programs or funding for military programs involving Kopin's
      products will be delayed or cancelled; the Company's military and
      commercial customers might be unable to ramp production volumes of its
      products, or that the Company's product forecasts will turn out to be
      wrong; manufacturing delays, technical issues, economic conditions or
      external factors may prevent the Company from achieving its financial
      guidance; potential claims or liability could arise as a result of the
      Company's restatement of its financial statements; the Company could
      have additional write-downs of its equity investment or charges related
      to its investments in other companies, including KTC; 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 27, 2008, 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.</i>
    </p>
    <p>
      <i><b>(Financial statements follow)</b></i>
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="17">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="17">
          <b>Condensed Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="17">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          Three Months Ended
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          Six Months Ended
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" colspan="3">
          June 27, 2009
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" colspan="3">
          June 28, 2008
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" colspan="3">
          June 27, 2009
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" colspan="3">
          June 28, 2008
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Revenues:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Product revenues
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          26,152,447
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          24,151,350
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          46,739,358
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          51,167,231
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 25.0px">
          Research and development revenues
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          2,076,844
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          1,688,119
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          2,965,633
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          3,837,410
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          28,229,291
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          25,839,469
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          49,704,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          55,004,641
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Expenses:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Cost of product revenues
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          19,433,214
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          18,675,332
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          34,043,495
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          39,007,603
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          3,786,041
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          3,753,104
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          6,937,439
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          8,786,478
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 25.0px">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          2,557,539
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          5,054,701
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          7,010,432
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          8,897,979
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          25,776,794
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          27,483,137
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          47,991,366
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          56,692,060
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Income (loss) from operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          2,452,497
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (1,643,668
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          1,713,625
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (1,687,419
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Other income and (expense):
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Interest and other income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          2,268,965
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          1,236,424
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          5,720,360
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          2,628,089
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 25.0px">
          Other expense
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (731,449
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (709,042
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (926,630
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (718,142
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          1,537,516
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          527,382
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          4,793,730
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          1,909,947
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Income (loss) before provision for income taxes, equity loss in
            unconsolidated affiliate and net loss (income) from noncontrolling
            interest
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          3,990,013
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (1,116,286
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          6,507,355
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          222,528
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (367,000
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (208,000
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (636,000
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (419,000
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Income (loss) before equity loss in unconsolidated affiliate and
            net loss (income) of noncontrolling interest
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          3,623,013
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (1,324,286
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          5,871,355
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (196,472
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Equity loss in unconsolidated affiliate
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (142,016
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (142,040
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (290,658
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (165,901
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Income before net loss (income) of noncontrolling interest
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          3,480,997
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (1,466,326
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          5,580,697
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          (362,373
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Net loss (income) attributable to noncontrolling interest
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          199,842
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (207,927
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          15,713
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          (361,645
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net income (loss)
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          3,680,839
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          (1,674,253
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          5,596,410
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          (724,018
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Net income (loss) per share:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 25.0px">
          Basic
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          0.06
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          (0.02
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          0.08
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          (0.01
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 25.0px">
          Diluted
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          0.05
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          (0.02
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          0.08
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          (0.01
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: left; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Weighted average number of common shares outstanding:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 25.0px">
          Basic
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          66,704,092
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          67,731,514
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          67,428,519
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          67,736,736
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 25.0px">
          Diluted
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          67,549,673
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          67,731,514
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          68,037,103
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          67,736,736
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="white-space: nowrap; text-align: center; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px" colspan="2">
          June 27, 2009
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="white-space: nowrap; text-align: center; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px" colspan="2">
          December 27, 2008
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          ASSETS
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Current assets:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 20.0px">
          Cash and marketable securities
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          105,800,403
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          100,015,991
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 20.0px">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          15,942,609
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          19,604,716
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 20.0px">
          Inventory
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          12,754,260
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          13,269,486
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Prepaid and other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          2,645,826
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          1,366,968
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          137,143,098
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          134,257,161
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Equipment and improvements, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          16,935,743
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          19,359,874
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          6,510,908
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          6,060,460
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          160,589,749
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          159,677,495
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          LIABILITIES AND STOCKHOLDERS' EQUITY
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Current liabilities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 20.0px">
          Accounts payable
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          7,755,775
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          8,736,996
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 20.0px">
          Accrued expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          5,455,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          5,551,156
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Billings in excess of revenue earned
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          3,017,030
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          3,127,923
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          16,228,231
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          17,416,075
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Lease commitments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          885,049
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          866,965
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total Kopin Corporation stockholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          140,619,183
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; padding-right: 0.0px; padding-left: 0.0px">
          138,481,936
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Noncontrolling interest
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          2,857,286
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          2,912,519
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          143,476,469
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: solid black 1.0pt; padding-right: 0.0px; padding-left: 0.0px">
          141,394,455
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total Liabilities and stockholders' equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          160,589,749
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: right; border-bottom: double black 2.25pt; padding-right: 0.0px; padding-left: 0.0px">
          159,677,495
        </td>
      </tr>
    </table>
    </div>
    <p>

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