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Hong Choi CTO June 3, 2014

Cowen sid-6-03-14

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Page 1: Cowen sid-6-03-14

Hong ChoiCTO

June 3, 2014

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FORWARD LOOKING STATEMENTS

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This presentation includes forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements relate to our expected future financial and operating performance, growth in the markets in which our products are sold, our market share for our products, and our significant customers. We may use words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “could,” “seeks,” “estimates,” and variations of such words and similar expressions in identifying forward-looking statements. In addition, any statements which refer to expectations, projections, our stock value multiple, the value of head-worn computing and or Golden-i products, or other characterizations of future events or circumstances are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions which are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements, whether as a result of new information, future events or otherwise. We refer you to the documents the Company files from time to time with Securities and Exchange Commission, and specifically the “Risk Factors” section of the Company’s Form 10-K for the period ended December 28,2013 and Form 10-Q for the three month period ended March 29, 2014. We do not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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ABOUT KOPIN

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Wearable Headset Technology FocusDevelop key technologies for headsets (display, software, speech enhancement, noise cancellation, ergonomics, and concept systems)

FOCUS

MODEL

STRONGTECHNOLOGY

FINANCIAL

POSITION

Business ModelProvide key components and license concept systems to help our customers to bring wearable headset products to market more quickly and easily.

Strong IP and Technology Know-How200+ patents globally

Strong Financial Position• Cash and S/T investments (>$100M)• No debt

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WAIST

HEADSET IS THE ULTIMATE WEARABLE DEVICE

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HEAD

TORSOWRIST

FEET

NECK

Headsets provide information

quicker and better than smart

watches

Most of human sensors and

processing are located on the

head

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WEARABLE HEADSET TECHNOLOGY: KOPIN’S 25 YEAR QUEST

199020052000

Mono QVGA

0.24”

1995

Color VGA

0.44”

2010

Funding for

microdisplays

Kopin

Transmissive Display

Night Vision Goggle Thermal Weapon

Sights

Golden-i Headset

ComputerVideo EyewearMono SXGA

0.97”

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FOCUSING ON WEARABLE HEADSET TECHNOLOGY

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• Developed the Golden-i head-worn system

• Created strategic partnerships, for example:

– Motorola Solutions

• Launched HC1, wearable headset computer for the enterprise based on Kopin Concept Design, software and critical components

• Invested in other key technologies

– Ikanos (Software)

– eMDT (Low power IC design)

– Aurisound technology (Noise Cancellation)

• Opened wearable tech center in Silicon Valley for improving voice technology, prototyping, testing and refining wearable solutions

WEARABLE HEADSET FOCUS

The last 5 years

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KOPIN SUPPLIES THE COMPONENTS AND SOLUTIONS

THAT TURN A VISION INTO A WEARABLE REALITY.

A PORTFOLIO OF KEY WEARABLE TECHNOLOGIES

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WEARABLE TECHNOLOGY PRODUCTS

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ULTRA-SMALL DISPLAYS

DISPLAY MODULES WITH UNIQUE OPTICS

LOW POWER ASICS

CONCEPT/REFERENCE SYSTEM DESIGNS

PICTURES ARE NOT TRUE TO SIZE

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REQUIREMENTS OF DISPLAY MODULES FOR HEADSETS

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• Small size– Optics, display, illumination and packaging– Determine headset design flexibility

• Comfortable viewing– Optics with large eye box and eye relief– Optimum field of view depends on applications (10 – 30 deg)

• High brightness for outdoor viewing– Up to1000 nits to the eye for see-around– Up to 2000 nits for see-through

• Good image quality– Good contrast (> 100), smooth image and good color

• Low Power– Long battery life

• Ease of assembly (into headset)– Low cost

• Ruggedness for outdoor use– Resistant to dust, moisture, shock and vibration

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OPTICS FOR KOPIN DISPLAY MODULES

60

Max Distance from Eye

(mm)

40

20

Field of View

(Image size)

PRISMTM

PEARLTM

PUPILTM

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KOPIN DISPLAY MODULES ARE THE SMALLEST FOR HEADSETS

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WHITE PEARL BLACK PEARL* WHITE PUPIL* BLACK PUPIL*

OPTIC TYPE PEARLTM PEARLTM PUPILTM PUPILTM

DISPLAY WQVGA 0.20” NHD 0.26” WQVGA 0.20” NHD 0.26”

DRIVER ASIC A230 A914 A230 A914

EXIT PUPIL (MM) 8.0 x 5.0 8.0 x 4.5 6.3 x 3.4 7.8 x 3.6

EYE RELIEF (MM) 22.5 22.5 18 18

FOV (DEG DIAG) 14.5 16.0 10.5 15

FOCUS (DIOPTER) FIXED FIXED -4 TO +0 -4 TO +0

DISTORTION (%) <0.5% <0.5% <0.9% <1.0%

SIZE (MM) 28.3 x 12.9 x 8.5 31.4 x 13.3 x 8.5 46.1 x 13.1 x 6.5 46.1 x 20.2 x 6.5

POWER@1000 NITS

to Eye

<100 mW <150 mW <80 mW <120 mW

Availability (Samples) In production 3Q ‘14 3Q ‘14 4Q ‘14

* Preliminary and subject to change

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TRANSMISSIVE LCD IS BEST FOR WEARABLE HEADSETS

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Module Type Transmissive LCD Module Reflective LCD Module

Size SmallerThin backlight

BiggerFront lighting using beam splitter

Viewing comfort Good with better optics design flexibility

More complex opticsColor break-up

Brightness High High

Image quality Good contrast and color Good contrast and color

Power consumption Low Low

Assembly Easy More complex

Ruggedness More rugged Rugged

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KOPIN WEARABLE CONCEPT/REFERENCE SYSTEMS

Licensable to customersTo help them bring wearable headset products to market

more quickly and easily

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CONCEPT SYSTEMS - CONSUMER

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Pupil Optics

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CONCEPT SYSTEMS - INDUSTRIAL

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Pearl or Pupil optics

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CONCEPT SYSTEMS - ENTERPRISE

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Pearl optics

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REFERENCE DESIGN - RUGGED

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Prism optics

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SUMMARY

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Kopin is the leader in Wearable Headset technology− Supplies key components and solutions for wearable headsets

– Concept and reference systems

– Strong IP and know-how

Please Visit Kopin booth (1812)