<SEC-DOCUMENT>0001157523-12-002741.txt : 20120510
<SEC-HEADER>0001157523-12-002741.hdr.sgml : 20120510
<ACCEPTANCE-DATETIME>20120510075030
ACCESSION NUMBER:		0001157523-12-002741
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120510
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120510
DATE AS OF CHANGE:		20120510

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:		12827754

	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>a50271806.htm
<DESCRIPTION>KOPIN CORPORATION 8-K
<TEXT>
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      <br>
      <font style="font-size: 12pt; font-family: Times New Roman">UNITED STATES</font><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><br><font style="font-size: 12pt; font-family: Times New Roman">WASHINGTON,
      DC 20549</font><br><br><font style="font-family: Times New Roman">______________</font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">FORM 8-K</font><br><br><font style="font-size: 12pt; font-family: Times New Roman">CURRENT
      REPORT</font><br><font style="font-size: 12pt; font-family: Times New Roman">
      Pursuant to Section 13 or 15(d) of the</font><br><font style="font-size: 12pt; font-family: Times New Roman">
      Securities Exchange Act of 1934</font><br><br><font style="font-size: 10pt; font-family: Times New Roman">Date
      of Report (Date of Earliest Event Reported) May 10, 2012</font><br><br><u><font style="font-size: 12pt; font-family: Times New Roman">KOPIN&#160;CORPORATION</font></u><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:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; width: 33%; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            DELAWARE
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; width: 34%; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            000-19882
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; width: 33%; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            04-2833935
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction<br>of Incorporation)
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission<br>File Number)
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: right; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer<br>Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; width: 90%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            200 John Hancock Road, Taunton, MA &#160;&#160;02780
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of Principal Executive Offices)&#160;&#160;&#160;(Zip Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      &#160;Registrant's telephone number, including area code &#160;&#160;<u>(508)
      824-6696</u>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      <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 (see General Instruction A.2 below):</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="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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: justify; white-space: nowrap">
      <b>Item 2.02.&#160;&#160;<u>Results of Operations and Financial Condition</u>.</b>
    </p>
    <p>

    </p>
    <p>
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Kopin Corporation issued a press release on May 10, 2012, 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 first quarter ended March 31, 2012. 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>

    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;<u>Financial Statements and Exhibits</u>.</b>
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Exhibits</u></b>.
    </p>
    <p style="white-space: nowrap">

    </p>
    <p style="white-space: nowrap">
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;99.1&#160;&#160;&#160;Press Release dated May 10, 2012, entitled, &#8220;Kopin Reports
      First-Quarter 2012 Financial Results.&#8221;
    </p>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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">
      <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>
    <p style="text-indent: 30.0px">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
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        <td style="width: 5%">

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        <td style="width: 45%">

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

        </td>
        <td style="width: 11%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 4%">
          <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-left: 0.0px; text-align: left; width: 5%; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 45%; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            May 10, 2012
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 4%; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 35%; border-bottom: solid black 1.0pt">
          <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 valign="top" style="padding-left: 0.0px; text-align: left; width: 4%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 35%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            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="padding-left: 0.0px; text-align: left; width: 4%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 35%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Treasurer and Chief Financial Officer
          </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" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Principal Financial and Accounting Officer)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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">
      <b>EXHIBIT INDEX</b>
    </p>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
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          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 11%; border-bottom: solid black 1.0pt">
          Exhibit
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 3%; padding-bottom: 2.0px">
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 1%; padding-bottom: 2.0px">
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 84%; border-bottom: solid black 1.0pt">
          Description
        </td>
      </tr>
      <tr>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 11%; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 84%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated May 10, 2012, entitled, &#8220;Kopin Reports
            First-Quarter 2012 Financial Results.&#8221;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50271806ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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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 First-Quarter 2012 Financial Results</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Company
      Reaffirms Full-Year Revenue Guidance of $110 Million to $120 Million</b></font></i>
    </p>
    <p>
      TAUNTON, Mass.--(BUSINESS WIRE)--May 10, 2012--Kopin Corporation
      (Nasdaq: KOPN), a leading supplier of advanced semiconductor products
      and microdisplays for mobile applications including smartphones, tablet
      PCs, military thermal weapons sights and wearable computers, today
      reported financial results for the first quarter ended March 31, 2012.
    </p>
    <p>
      Total revenues were $25.2 million for the first quarter of 2012,
      compared with $34.9 million for the comparable period of 2011, primarily
      reflecting a decline in military display revenue associated with
      expected reductions in U.S. defense spending. Revenues from III-V
      products were $14.3 million compared with $17.6 million for the first
      quarter of 2011, while revenues for display products totaled $10.9
      million versus $17.3 million for the same period of last year.
    </p>
    <p>
      Operating expenses decreased by 16% to $27.6 million for the first
      quarter of 2012 from $32.8 million in the same period of 2011. The
      decline in operating expenses is a reflection of lower cost of goods
      sold of $4.5 million and reduced R&amp;D expense of $1.3 million.
    </p>
    <p>
      Net loss for the first quarter of 2012 was $2.2 million, or $0.03 per
      share, compared with net income of $2.1 million, or $0.03 per diluted
      share, for the first quarter of 2011, reflecting the impact of lower
      revenue partially offset by reduced operating expenses. Results for the
      first quarter of 2012 included approximately $0.9 million gain related
      to the sale of stock of one of the Company&#8217;s investments.
    </p>
    <p>
      Cash and marketable securities at March 31, 2012 totaled $102 million,
      compared with $105.4 million in cash and marketable securities at
      year-end 2011.
    </p>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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>
      <b>Recent Operational Highlights</b>
    </p>
    <p>
      &#8220;During the first quarter we consolidated our U.S. display manufacturing
      activities to Westboro, MA, which enabled us to combine our two domestic
      III-V manufacturing plants into one facility and close the remaining
      site. The consolidation resulted in a reduction in force of
      approximately 10 percent of our workforce. We completed the
      consolidation plan late in the first quarter of 2012 and therefore did
      not see the full expense reductions in the quarter,&#8221; said Dr. John C.C.
      Fan, Kopin&#8217;s President and Chief Executive Officer.
    </p>
    <p>
      <b>&#8220;</b>As expected our display revenues were affected in the
      first quarter by the decline in U.S. military spending, a trend that is
      expected to continue throughout the year,&#8221; said Dr. Fan. &#8220;In
      anticipation, we have implemented various cost savings strategies,
      including our facility consolidation. More importantly from a revenue
      perspective, several years ago we embarked on the development of
      Golden-i, our revolutionary new hands-free computing headset.
      Commercialization of Golden-i is advancing on schedule with Motorola
      Solutions, our Golden-i marketing partner for industrial applications,
      expected to introduce a version of the product for the industrial market
      later this year. We are very pleased with the progress of Golden-i
      across all fronts.&#8221;
    </p>
    <p>
      &#8220;On a longer term horizon, in March we announced that Applied Physics
      Letters of the American Institute of Physics had published a paper on
      the record results we achieved with gallium nitride (GaN)-based high
      electron mobility transistor (HEMT) materials,&#8221; Dr. Fan said. &#8220;This
      research marks the first of what we expect to be several scientific
      papers on the performance characteristics of our GaN-based HEMT
      transistors. We believe that these devices hold significant promise in
      decreasing power consumption and improving efficiency in a variety of
      energy-related applications.&#8221;
    </p>
    <p>
      Based on its current business environment, Kopin continues to expect
      revenues in the range of $110 million to $120 million for the full year
      ending December 29, 2012.
    </p>
    <p>
      <b>Financial Results Conference Call</b>
    </p>
    <p>
      In conjunction with its first-quarter 2012 financial results, Kopin will
      host a teleconference call for investors and analysts at 9:00 a.m. ET
      today. To participate, 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 &#8220;Investors&#8221; section of the Kopin
      website, <u>www.kopin.com</u>.
    </p>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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>
      <b>About Kopin Corporation</b>
    </p>
    <p>
      Kopin Corporation&#8217;s voice-activated, wireless, hands-free Golden-i<sup>&#174;</sup>
      mobile computing headsets, ruggedized military imaging systems,
      ultra-small liquid crystal displays and heterojunction bipolar
      transistors (HBTs) are revolutionizing the way people around the world
      see, hear and communicate. Kopin has shipped more than 30 million
      displays for a range of consumer and military applications including
      digital cameras, personal video eyewear, camcorders, thermal weapon
      sights and night vision systems. The Company's unique HBTs, which help
      to enhance battery life, talk time and signal clarity, have been
      integrated into billions of wireless handsets as well as into WiFi, VoIP
      and high-speed Internet data transmission systems. Kopin's proprietary
      display and HBT technologies are protected by more than 200 global
      patents and patents pending. For more information, please visit Kopin's
      website at <u>www.kopin.com</u> and <u>www.mygoldeni.com</u>.
    </p>
    <p>
      Kopin, CyberDisplay, Golden-i and The NanoSemiconductor Company are
      trademarks of Kopin Corporation.
    </p>
    <p style="text-align: center">
      <b>Kopin &#8211; The NanoSemiconductor Company&#8482;</b>
    </p>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      <i>Statements in this news release may be considered &#8220;forward-looking&#8221;
      statements under the &#8220;Safe Harbor&#8221; provisions of the Private Securities
      Litigation Reform Act of 1995. These include, without limitation,
      statements relating to: the expected decline in U.S. military spending;
      the expectation that an industrial version of Golden-i will be
      introduced later this year; the publication of additional scientific
      papers related to Kopin&#8217;s development of GaN-HEMT materials; anticipated
      expense reductions as a result of the consolidation of facilities; and
      the expectation that revenues will be in the range of $110 million to
      $120 million for the full year ending December 29, 2012. These
      statements involve a number of risks and uncertainties that could cause
      actual results to differ materially from those expressed in the
      forward-looking statements. These risks and uncertainties include, but
      are not limited to, the potential that: the Company&#8217;s 2012 revenue
      expectations may turn out to be wrong; there may be issues which prevent
      the launch of Golden-i technologies in 2012; the operating results of
      Forth Dimension Displays Ltd. may not meet expectations, requiring
      further write-downs of intangible and goodwill assets; the operating
      results of Kopin Taiwan Corporation may not meet expectations and the
      tax benefits from its deferred tax assets may not be realized;
      manufacturing, marketing or other issues may prevent either the adoption
      or rapid acceptance of products; the Company may 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&#8217;s microdisplay and III-V products will increase significantly,
      or that yields will decline; military programs or funding for military
      programs involving Kopin&#8217;s products will be delayed or cancelled; the
      Company&#8217;s military and commercial customers might be unable to ramp
      production volumes of our products, or that the Company&#8217;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&#8217;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 FDD, KTC and Kowon; and other risk factors and cautionary
      statements listed in the Company&#8217;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 31, 2011
      and the Company&#8217;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>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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 cellspacing="0" style="width: 100%; font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>Condensed Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>March 31, 2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>March 26, 2011</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Revenues:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left">
          Product revenues
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          24,654,794
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          32,920,991
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left; padding-bottom: 2.0px">
          Research and development revenues
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          592,691
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          2,013,501
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          25,247,485
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          34,934,492
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          17,398,279
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          21,946,612
        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          5,128,996
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          6,384,749
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left; padding-bottom: 2.0px">
          Selling, general and administrative
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          5,097,707
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          4,445,146
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          27,624,982
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          32,776,507
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (Loss) income from operations
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (2,377,497
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2,157,985
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Other income (expense), net
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          944,161
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          94,834
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (Loss) income before provision for income taxes, equity loss in
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (1,433,336
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2,252,819
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          unconsolidated affiliate and net (income) loss from noncontrolling
          interest
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Provision for income taxes
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          (468,000
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          (98,000
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (Loss) income before equity loss in unconsolidated affiliate and net
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (1,901,336
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2,154,819
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (income) loss from noncontrolling interest
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Equity loss in unconsolidated affiliate
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          (156,295
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          (110,639
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (2,057,631
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2,044,180
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Net (income) loss attributable to noncontrolling interest
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          (151,582
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          21,527
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Net (loss) income
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          (2,209,213
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          )
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          2,065,707
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left; padding-bottom: 4.0px">
          Basic
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          (0.03
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          )
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          0.03
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left; padding-bottom: 4.0px">
          Diluted
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          (0.03
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          )
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          0.03
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left; padding-bottom: 4.0px">
          Basic
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          64,225,456
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          64,736,842
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 25.0px; text-align: left; padding-bottom: 4.0px">
          Diluted
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          64,225,456
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          65,655,074
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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 cellspacing="0" style="width: 100%; font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="6">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>March 31, 2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>December 31, 2011</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          ASSETS
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          Cash and marketable securities
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          101,960,025
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          105,418,550
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          15,315,559
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          17,887,754
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          Inventory
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          23,012,921
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          21,415,517
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          Prepaid and other current assets
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          1,501,600
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          1,706,436
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          141,790,105
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          146,428,257
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          33,786,477
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          32,369,441
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Other assets
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          17,411,907
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          15,765,831
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Total assets
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          192,988,489
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          194,563,529
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          Accounts payable
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          11,501,836
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          12,384,870
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          Accrued expenses
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          7,157,552
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          7,627,459
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          Billings in excess of revenue earned
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          2,445,827
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          2,467,461
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          21,105,215
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          22,479,790
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,316,828
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,295,670
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          165,071,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          165,584,725
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Noncontrolling interest
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          5,494,937
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          5,203,344
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Total stockholders' equity
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          170,566,446
        </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="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          170,788,069
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Total liabilities and stockholders' equity
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          192,988,489
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: double black 2.25pt; padding-right: 0.0px">
          194,563,529
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; 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 cellspacing="0" style="width: 100%; font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="6">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center">
          <b>Supplemental Information</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="top" colspan="5" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>March 31, 2012</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; border-bottom: solid black 1.0pt">
          <b>March 26, 2011</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; border-bottom: solid black 1.0pt">
          <b>Display Revenues by Category (in millions)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Military Application
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          7.6
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          11.1
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Consumer Electronics Applications
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          4.4
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Research and Development
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          0.5
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          1.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Total
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          10.9
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          17.3
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; border-bottom: solid black 1.0pt">
          <b>Stock-Based Compensation Expense</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Cost of product revenues
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          130,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          123,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Research and development
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          85,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          114,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Selling, general and administrative
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          869,000
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt; padding-right: 0.0px">
          322,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Total
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,084,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          559,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; border-bottom: solid black 1.0pt">
          <b>Other Financial Information</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Depreciation and amortization
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2,527,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,927,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Capital expenditures
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,776,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,182,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Treasury stock purchases
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,272,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          568,000
        </td>
      </tr>
    </table>
    </div>
    <p>

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

    </p>
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