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    Kopin Subsidiaries Renamed Under Unified Kopin Brand

    11/20/24 8:30:00 AM ET
    $KOPN
    Semiconductors
    Technology
    Get the next $KOPN alert in real time by email

    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, is pleased to announce that its subsidiaries, Forth Dimension Displays Limited and NVIS Inc., will be renamed under the Kopin brand. Forth Dimension Displays has been renamed as Kopin Europe Limited, and NVIS is now known as Kopin Virginia, Inc. This renaming reflects the Company's streamlining of focus and resources under the Kopin name and will enhance efficiencies, the Company's global presence and brand recognition.

    In early 2024 Kopin began uniting its subsidiary companies under one unified brand - Kopin.

    We are proud to announce a significant strategic move aimed at unifying our operating groups under one organization and brand. This consolidation brings together the collective expertise, resources, and vision of the Company's various divisions, aligning them with a shared mission to deliver application-specific optical solutions across diverse markets.

    "This unification underscores Kopin's commitment to serving its stakeholders through a more focused, efficient and innovative approach," said Paul Baker, COO of Kopin Corporation. "By combining talent, resources and infrastructure, the Company is poised to streamline operations and maximize its ability to develop cutting-edge solutions that elevate human performance in mission-critical applications. This strategic alignment will further enhance the Company's capacity to create and manufacture advanced products that meet the growing needs of our global customer base."

    "Our decision to reorganize and rename our subsidiaries under the Kopin brand reflects our dedication to streamlining our operations, unifying our brand and reinforcing our market position," said Michael Murray, CEO of Kopin Corporation. "We remain committed to our employees, customers and partners, and this transition will enable us to better serve them."

    Business operations will proceed as usual, with the same commitment to excellence and innovation that stakeholders have come to expect.

    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 www.kopin.com. Kopin is a trademark of Kopin Corporation.

    Follow us on LinkedIn, X and Facebook.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241120958971/en/

    Get the next $KOPN alert in real time by email

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    Q&A

    New
    • What strategic move has Kopin Corporation recently announced regarding its subsidiaries?

      Kopin Corporation has consolidated its subsidiaries under one unified brand to enhance brand recognition and operational efficiency.

    • What are the new names for Kopin's subsidiaries after the rebranding?

      Forth Dimension Displays Limited is now known as Kopin Europe Limited, and NVIS Inc. has been renamed Kopin Virginia, Inc.

    • What does the renaming of the subsidiaries signify for Kopin's business strategy?

      This renaming signifies a commitment to streamlining operations and consolidating resources to better serve customers and improve efficiency.

    • What is the intended outcome of Kopin's decision to unify its brand?

      Kopin aims to leverage the combined expertise and resources of its divisions to develop innovative optical solutions for various markets.

    • How will Kopin's daily operations be affected by the renaming of its subsidiaries?

      Business operations will continue as usual, maintaining the same commitment to excellence and innovation that stakeholders expect.

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