<SEC-DOCUMENT>0001157523-13-000102.txt : 20130110
<SEC-HEADER>0001157523-13-000102.hdr.sgml : 20130110
<ACCEPTANCE-DATETIME>20130110081852
ACCESSION NUMBER:		0001157523-13-000102
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20130109
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130110
DATE AS OF CHANGE:		20130110

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:		13521558

	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>a50527517.htm
<DESCRIPTION>KOPIN CORPORATION 8-K
<TEXT>
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      <font style="font-size: 12pt; font-family: Times New Roman">UNITED STATES</font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">WASHINGTON,
      D.C. 20549</font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">FORM 8-K</font><br><font style="font-size: 12pt; font-family: Times New Roman">CURRENT
      REPORT</font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">Pursuant to
      Section 13 or 15(d) of the 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) January 9, 2013</font><br><br><font style="font-size: 12pt; font-family: Times New Roman">KOPIN&#160;CORPORATION</font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 33%; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            DELAWARE
          </p>
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; padding-right: 0.0px; padding-left: 0.0px; width: 34%; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            000-19882
          </p>
        </td>
        <td valign="bottom" style="white-space: nowrap; text-align: center; padding-right: 0.0px; padding-left: 0.0px; width: 33%; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            04-2833935
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction<br>of Incorporation)
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission<br>File Number)
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px; 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="font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 90%; font-family: Times New Roman">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; 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="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;&#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="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-right: 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="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 10%">
          <b>Item 7.01</b>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 90%">
          <b>Regulation FD Disclosure.</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-indent: 30.0px; font-size: 10pt; font-family: Times New Roman">
      On January 10, 2013, Kopin Corporation (the &#8220;<u>Company</u>&#8221;)
      issued a press release announcing the entry into a purchase agreement
      with IQE KC, LLC (&#8220;<u>IQE</u>&#8221;) and IQE plc. (&#8220;<u>Parent</u>&#8221;,
      and collectively with IQE, the &#8220;<u>Buyer</u>&#8221;), pursuant to which
      the Company will sell to the Buyer assets of the Company&#8217;s III-V product
      line, including all of the outstanding equity interest in KTC Wireless,
      LLC, a wholly-owned subsidiary of the Company that holds the Company&#8217;s
      investment in Kopin Taiwan Corporation, for an aggregate purchase price
      of approximately $75 million, subject to certain working capital
      adjustments. A copy of the press release is attached to this Current
      Report on Form 8-K as Exhibit 99.1 and incorporated herein by
      reference.&#160;&#160;The information in this report (including Exhibit 99.1)
      shall not be deemed to be &#8220;filed&#8221; for purposes of Section&#160;18 of the
      Securities Exchange Act of 1934, as amended (the &#8220;<u>Exchange Act</u>&#8221;),
      or otherwise subject to the liability of that section, and shall not be
      incorporated by reference into any registration statement or other
      document filed under the Securities Act of 1933, as amended, or the
      Exchange Act, except as shall be expressly set forth by specific
      reference in such filing.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 10%">
          <b>Item 9.01</b>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 90%">
          <b>Financial Statements and Exhibits.</b>
        </td>
      </tr>
    </table>
    </div>
    <p>
      &#160;(d) Exhibits.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 10%; border-bottom: solid black 1.0pt">
          <b>Exhibit</b>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 88%; border-bottom: solid black 1.0pt">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px; width: 10%">
          99.1
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 88%">
          Press release dated January 10, 2013, entitled &#8220;Kopin Corporation
          Announces Agreement to Sell III-V Assets to IQE plc for $75 Million.&#8221;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-right: 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>
    <p style="text-indent: 30.0px">

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

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

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 4%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 35%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>KOPIN CORPORATION</b>
          </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; padding-left: 0.0px; width: 11%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; 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-bottom: 2.0px; text-align: left; padding-left: 0.0px; width: 5%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px; width: 45%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            January 10, 2013
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px; width: 4%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 35%; border-bottom: solid black 1.0pt">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ RICHARD A. SNEIDER&#160;&#160;&#160;&#160;
          </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; padding-left: 0.0px; width: 4%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 35%">
          <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; padding-left: 0.0px; width: 4%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title: Treasurer and Chief Financial Officer
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

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

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Principal Financial and Accounting Officer)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-right: 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">
      <b>EXHIBIT INDEX</b>
    </p>
    <p style="text-align: center">

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

        </td>
        <td valign="top" style="white-space: nowrap; text-align: left; padding-right: 0.0px; padding-left: 0.0px; width: 11%">
          <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="text-align: left; padding-left: 5.0px; width: 84%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press release dated January 10, 2013, entitled &#8220;Kopin Corporation
            Announces Agreement to Sell III-V Assets to IQE plc for $75
            Million.&#8221;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50527517ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <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
      Corporation Announces Agreement to Sell III-V Assets to IQE plc for $75
      Million</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Company
      to Focus on Commercial Development of Golden-i Technology Platform and
      Display Products; Kopin to Host Conference Call at 9:00 a.m. (ET) Today</b></font></i>
    </p>
    <p>
      TAUNTON, Mass.--(BUSINESS WIRE)--January 10, 2013--Kopin&#174; Corporation
      (NASDAQ: KOPN) today announced that it had entered into an agreement to
      sell its III-V assets to IQE plc (LSE: IQE), a leading UK-based designer
      and supplier of advanced semiconductor wafers. The all-cash, $75 million
      transaction will enable Kopin to focus exclusively on continued
      commercial development of Golden-i<sup>&#174;</sup>, the Company&#8217;s
      mobile communications technology platform, as well as on its
      microdisplay products. The closing of the transaction is expected to
      occur next week and is subject to customary closing conditions.
    </p>
    <p>
      Kopin began producing III-V HBTs (heterojunction bipolar transistors) on
      gallium arsenide substrates in 1996. These products are part of advanced
      integrated circuits that are used in smartphones and other mobile
      communications devices. The Company&#8217;s III-V revenues through the first
      nine months of 2012 were approximately $44 million.
    </p>
    <p>
      &#8220;Over the past 17 years, our III-V technology has contributed
      significantly to the operational success of Kopin and to advances in the
      wireless handset market,&#8221; said Dr. John C.C. Fan, the Company&#8217;s
      President and Chief Executive Officer. &#8220;However, while the III-V product
      line is successful we have made the strategic decision to focus on our
      Golden-i technology which we believe has great potential. Accordingly,
      the board of directors believes that shareholders will be more
      effectively served by having the Company focusing its resources on
      expanding the commercial development of Golden-i and our display product
      line.&#8221;
    </p>
    <p>
      Under the terms of the sale, Kopin will receive an up-front payment of
      $60 million, subject to certain working capital adjustments, from IQE
      and will receive the remaining $15 million in January 2016 on the
      three-year anniversary of the transaction. The transaction includes
      Kopin&#8217;s leased III-V product manufacturing facility in Taunton,
      Massachusetts as well as the Company&#8217;s investment in Kopin Taiwan Corp.
      (KTC), its 90% owned subsidiary located in Hsinchu, Taiwan.
    </p>
    <div style="margin-left: 0pt; text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-right: 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>
      In October 2012, Kopin achieved a major milestone in its development of
      Golden-i technology. Motorola Solutions launched the HC1, the first
      commercially available headset computer powered by the Company&#8217;s
      Golden-i 3.5 reference model. Motorola&#8217;s product is a ruggedized version
      designed primarily for heavy industrial settings.
    </p>
    <p>
      Now Kopin is teaming with its OEM partners on the development of a
      Golden-i platform for the light industrial and professional markets.
      This week, Kopin unveiled Golden-i 3.8, a smaller and more powerful
      reference design aimed at those markets as well as other users. The new
      device was unveiled at the Verizon booth at the 2013 Consumer
      Electronics Show in Las Vegas. The powerful operating system has 16
      times the processing power of the previous version. New features include
      a low light, inertial stabilized high-resolution camera to provide
      real-time video streams and an accessory infrared camera that provides
      emergency personnel and first responders with night vision and thermal
      vision capabilities.
    </p>
    <p>
      &#8220;Our plan is to continue to invest in the businesses and technologies
      that enable Kopin to capitalize on the significant market for Golden-i,&#8221;
      Dr. Fan said. &#8220;The divestiture of our III-V product line provides us
      with the additional financial resources and flexibility to pursue the
      strategic growth objectives for Golden-i that ultimately will drive
      value for our shareholders.&#8221;
    </p>
    <p>
      Dr. Drew Nelson, President and CEO of IQE, said, &#8220;Kopin&#8217;s HBT business
      is an ideal strategic fit for IQE, broadening our customer base and
      enhancing our product portfolio. This transaction further strengthens
      our ability to provide our customers with cost, technology and security
      of supply advantages, building on our 21-year history of technology
      leadership and manufacturing excellence.&#8221;
    </p>
    <p>
      <b>Investor Conference Call</b>
    </p>
    <p>
      In conjunction with today&#8217;s announcement, Kopin will host a
      teleconference call for investors and analysts at 9:00 a.m. ET today. To
      participate, please dial (877) 709-8155 (U.S. and Canada) or (201)
      689-8881 (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>
    <p>
      <b>About Kopin Corporation</b>
    </p>
    <p>
      Kopin Corporation is developing Golden-i&#174;, a proprietary
      voice-activated, cloud computing, wireless, hands-free technology with
      microdisplay capabilities for use in headset computers. Kopin's
      proprietary technologies are protected by over 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&#174;</b>
    </p>
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    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      <i>Statements in this news release about Kopin&#8217;s sale of its III-V
      assets to IQE plc 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 statements relating to the financial terms of
      the transaction and Kopin&#8217;s strategic plans for Golden-i and its display
      products. 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
      transaction may not close; events may transpire that will require the
      transaction to be modified at closing; future payments owed to Kopin for
      the sale of its III-V assets might not be made; the closing of the
      transaction being subject to customary closing conditions; there may be
      no market demand for Golden-i; manufacturing, marketing or other issues
      that may prevent either the adoption or acceptance of Golden-i products;
      because</i> <i>Golden-i contains a significant software component, there
      may be issues or &#8220;bugs&#8221; which we cannot correct, which may prevent or
      delay the sale of Golden-i; vendors and suppliers, including software
      vendors, may discontinue products which are necessary for Golden-i to
      function; Motorola, suppliers and vendors may terminate their
      involvement in the Golden-i product development which may prevent or
      delay the sale of Golden-i products; we may be unable to manufacture
      Golden-i products or have the Golden-i product manufactured for us; if
      we are able to get the Golden-i manufactured we may not be able to have
      it manufactured at a cost which allows us to earn a profit; the
      potential that costs to develop and produce the Golden-i may be
      significant; manufacturing delays, technical issues, economic conditions
      or external factors may prevent the development of and/or sale of
      Golden-i; and other risk factors and cautionary statements listed in the
      Company&#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>
    <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>
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