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Kopin Announces CFO Retirement and Transition
Kopin Announces CFO Retirement and Transition

Yahoo

time29-05-2025

  • Business
  • Yahoo

Kopin Announces CFO Retirement and Transition

WESTBOROUGH, Mass., May 29, 2025--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced the retirement of Rich Sneider. The company has begun a search for Sneider's replacement, which will include consideration for both internal and external candidates. Michael Murray, Chairman and CEO of Kopin, stated, "Rich has played a key role in Kopin's evolution over his 25 years with the company. On behalf of Kopin's Board of Directors and management team, we express our gratitude for Rich's significant contributions to Kopin and wish him the very best in his retirement. During his time as CFO, Kopin has evolved from a company with exciting technologies and prospects to an organization focused on commercializing application specific optical solutions for a variety of different industries and end points." Mr. Sneider is expected to continue in his current role until such time as a successor is named and otherwise assist in the transition. About Kopin Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin's portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin's website at Kopin is a trademark of Kopin Corporation. Follow us on LinkedIn, X and Facebook. Forward Looking Statements Statements in this press release may be considered "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which are subject to the safe harbor created by such sections. Words such as "expects," "believes," "can," "will," "estimates," and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such "forward-looking statements," which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include the Company's search for a new CFO. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management's expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 28, 2024, as amended or as updated from time to time by our Securities and Exchange Commission filings. View source version on Contacts For Investor RelationsKopin CorporationRichard Sneider, Treasurer and Chief Financial OfficerRichard_Sneider@ 508-870-5959 MZ Contact Brian M. Prenoveau, CFAMZ Group – MZ North AmericaKOPN@ 561-489-5315 Lightspeed PR Contact Grace HalvorsenLightspeed PR/MKopin@

Kopin Announces CFO Retirement and Transition
Kopin Announces CFO Retirement and Transition

Business Wire

time29-05-2025

  • Business
  • Business Wire

Kopin Announces CFO Retirement and Transition

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced the retirement of Rich Sneider. The company has begun a search for Sneider's replacement, which will include consideration for both internal and external candidates. Michael Murray, Chairman and CEO of Kopin, stated, 'Rich has played a key role in Kopin's evolution over his 25 years with the company. On behalf of Kopin's Board of Directors and management team, we express our gratitude for Rich's significant contributions to Kopin and wish him the very best in his retirement. During his time as CFO, Kopin has evolved from a company with exciting technologies and prospects to an organization focused on commercializing application specific optical solutions for a variety of different industries and end points.' Mr. Sneider is expected to continue in his current role until such time as a successor is named and otherwise assist in the transition. About Kopin Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin's portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin's website at Kopin is a trademark of Kopin Corporation. Follow us on LinkedIn, X and Facebook. Forward Looking Statements Statements in this press release may be considered 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), which are subject to the safe harbor created by such sections. Words such as 'expects,' 'believes,' 'can,' 'will,' 'estimates,' and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such 'forward-looking statements,' which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include the Company's search for a new CFO. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management's expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 28, 2024, as amended or as updated from time to time by our Securities and Exchange Commission filings.

Kopin Corporation Schedules First Quarter 2025 Earnings Call Tuesday, May 13, 2025 at 5:00pm ET
Kopin Corporation Schedules First Quarter 2025 Earnings Call Tuesday, May 13, 2025 at 5:00pm ET

Business Wire

time12-05-2025

  • Business
  • Business Wire

Kopin Corporation Schedules First Quarter 2025 Earnings Call Tuesday, May 13, 2025 at 5:00pm ET

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high performance microdisplays for defense, training, enterprise, industrial, consumer and medical products will hold a conference call on Tuesday, May 13, 2025 at 5:00 PM Eastern Time to discuss its financial results for the first quarter 2025 ended March 29, 2025. Financial results will be issued in a press release prior to the call. Date: Tuesday, May 13, 2025 Time: 5:00 PM Eastern Time (2:00 PM Pacific Time) U.S. dial-in number: 800-445-7795 International number: 785-424-1699 Conference ID: KOPIN Webcast: 1Q25 Webcast Link The Company will also provide a link at for those who wish to stream the call via webcast. Please call the conference telephone number 5-10 minutes prior to the start time. A telephonic replay of the conference call will also be available through May 20, 2025. Toll-free replay number: 844-512-2921 International replay number: 412-317-6671 Replay passcode: 11159136 About Kopin Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin's portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin's website at Kopin is a trademark of Kopin Corporation. Follow us on LinkedIn, X and Facebook.

Kopin Secures $14 Million Order for Thermal Imaging Assembly
Kopin Secures $14 Million Order for Thermal Imaging Assembly

Associated Press

time17-03-2025

  • Business
  • Associated Press

Kopin Secures $14 Million Order for Thermal Imaging Assembly

Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced it has received an order valued at $14 million to supply custom thermal imaging assemblies from a leading defense prime contractor. In addition to the thermal imaging assembly order, the customer has authorized Kopin to purchase $5.3 million in materials for an anticipated future order. The eyepiece assembly is part of a detachable weapon system that enables warfighters to acquire targets in hostile conditions—day or night, and even through smoke or fog—dramatically boosting their 'stand-off advantage' and combat effectiveness on the battlefield. This eyepiece assembly integrates Kopin's proprietary display, optic, electronic and housing technologies in a robust assembly. 'This purchase order is a part of a multi-year full-scale production program, showcasing Kopin's expertise in the design and production of advanced high resolution microdisplays, optics, drive electronics and ruggedized housings for weapon sights and other mission critical applications,' said Bill Maffucci, Senior Vice President, Business Development and Strategy. 'Kopin's solider system solutions help to improve warfighters' situational awareness with vision systems that enable our women and men in the armed forces to maintain a combat advantage. 'Our proven track record of delivering over 400,000 mission critical solutions across several generations of defense programs has been reaffirmed by this order. We look forward to continuing our collaboration on this program and other vital projects,' said Maffucci. About Kopin Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin's portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin's website at Kopin is a trademark of Kopin Corporation. Forward Looking Statements Statements in this press release may be considered 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), which are subject to the safe harbor created by such sections. Words such as 'expects,' 'believes,' 'can,' 'will,' 'estimates,' and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such 'forward-looking statements,' which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to our expectation of a future order and our belief that our eyepiece assemblies dramatically boosting warfighters 'stand-off advantage' and combat effectiveness on the battlefield. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management's expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 30, 2023, or as updated from time to time by our Securities and Exchange Commission filings. 508-870-5959MZ Contact Brian M. Prenoveau, CFA MZ Group – MZ North America 561-489-5315Lightspeed PR Contact Grace Halvorsen Lightspeed PR/M SOURCE: Kopin Corporation Copyright Business Wire 2025. PUB: 03/17/2025 08:27 AM/DISC: 03/17/2025 08:27 AM

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