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Wednesday, June 26, 2019

Derrick, I have a few questions. #1 is this still true. The bit about not licensing Kopin Technologies? #2 How have the new strictures on the export of sensitive technology affected Kopin's agreements with Olightek & BOE? BOE is currently building the Microdisplay factory. Are you sticking with your statement that revenue generated by that factory will have an accretive effect on Kopin's 2nd Q earnings? Does Kopin need to apply for a license for export of the backplane design (IP) that Kopin will send to BOE and Olightek? If already sent would the State Department have a record of that approval? And lastly, Kopin has raised the possibility that they have, in the past, not been in compliance with ITAR restrictions on exports to China. Status. The last link (State Department) is asking for Report a Violation, Common Violations and the Mode of Reporting.

Neither of these new agreements involves licensing of any Kopin technologies.
Dr. John C.C. Fan, Kopin’s President and CEO, said, "We have received extremely positive response to our Lightning OLED displays which have superb image quality, small size, fast frame-rate and low power consumption." John added, "We have a fab-less manufacturing model both for the back-end silicon wafer processing and the front-end OLED deposition for our Lightning OLED displays. This is a first in the OLED micro-display industry, and today’s announcements represent important elements of our fab-less model. Our partnership with OLiGHTEK will enable us to begin volume production of our Lightning OLED displays in late 2017. The agreement between BOE, OLiGHTEK and Kopin will provide industry leading capacity and quality of OLED micro-displays for the growing AR and VR markets when the facility is completed.2
Why doesn't BOE ever mention Kopin as a party to the agreement? Only Olightek.



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