Awesome MeganeX to be demonstrated at
Panasonic’s Booth
Shiftall Inc., a fully owned
subsidiary of Panasonic Corporation, will reveal MaganeX, its
stylish, lightweight, high-dynamic-range (HDR), virtual-reality
(VR) glasses at CES 2022 this week incorporating Lightning® 2.6K x
2.6K (2560 x 2560 resolution) micro OLED (organic light emitting
diode) displays on chip (DoC®) and all-plastic Pancake® optics from
Kopin Corporation (NASDAQ: KOPN). This most advanced VR glasses
will be shown at the Panasonic booth ( LVCC Central Hall, Booth #16419
).
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220104005952/en/
Shiftall MeganeX (Graphic: Business
Wire)
Shiftall, a fully owned subsidiary of Panasonic Corporation,
presents MaganeX which is an ultra-lightweight, 5.2K HDR VR headset
supporting 6 degree-of-freedom (DoF) head position detection and
various SteamVR applications. The MaganeX has a very small form
factor thanks to Kopin’s 1.3" displays and the slim Pancake optics.
The small, lightweight form factor makes the glasses comfortable to
wear for extended periods of time, unlike today's bulky VR
headsets. The very advanced VR glasses also provide for
interpupillary distance (IPD) and diopter adjustments so that they
can be used without corrective lenses. The foldable frame with
built-in speakers makes it easy to carry.
The 2.6K x 2.6K OLED DoC is designed with Kopin's patented
backplane architecture that reduces power consumption and delivers
very high frame rates up to 120 Hz and 10 bits of color (30
full-color bits). Utilizing its patent-pending ColorMax®
technology, Kopin has been working with its partner, Lakeside
Optoelectronic Technology Co., Ltd., to optimize the duo-stack OLED
structure to output color spectrum to match the bandpass of the
color filters for high color fidelity (> 100% sRGB), coupled
with very high Current Efficiency for high brightness (> 1000
nits). The 30-bit color control, together with the high color
fidelity, high brightness and high contrast ratio (> 10,000: 1),
enables the much-desired studio-quality, HDR VR experience.
Kopin's world’s first all-plastic Pancake optics (named P95)
optimized for Kopin's 1.3" 2.6K x 2.6K OLED microdisplay provide a
large field of view (equivalent to > 200 inches viewed from 3-m
distance) and offer better image quality, much smaller size,
lighter weight and lower cost than anything previously
available.
“It is necessary for VR glasses to be lightweight and
comfortable to wear as well as deliver life-like images in order to
be widely accepted to consumers,” said Takuma Iwasa, CEO of
Shiftall. “Kopin’s unique 2.6K x 2.6K OLED display and all-plastic
Pancake optics are the key to achieving these objectives. We are
very pleased with our close partnership with Kopin for the
development of our VR glasses.”
“We have had a long-standing collaborative development program
with Panasonic and Lakeside, and each company has contributed its
core elements of the technology and design – for the ultimate VR
Glasses that have both high-performance and a sleek, comfortable
design,” said Dr. John C.C. Fan, President and CEO of Kopin. “We
look forward to seeing Shiftall delight their customers with these
magnificent VR Glasses.”
The Shiftall VR Glasses will be shown on January 6th at Kopin’s
suite at the Westgate Las Vegas Resort & Casino during the
reception (6:00 - 8:30 pm) and Fireside Chat (7:00 pm) with Dr. Fan
and Chris Chinnock (Insight Media, Inc. & 8K Association) about
their perspectives of the Metaverse.
About Shiftall Inc.
Shiftall, a wholly owned subsidiary of Panasonic Corporation and
based in Osaka, Japan, is specializing in IoT development and mass
production that can demonstrate dozens of high team power, and will
challenge to realize the living of one step fly. To learn more
about Shiftall: https://en.shiftall.net.
About Kopin Corporation
Kopin Corporation is a leading developer and provider of
innovative display and optical technologies sold as critical
components and subassemblies for military, industrial and consumer
products. Kopin's technology portfolio includes ultra-small Active
Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon
(LCOS) displays 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.
About Lakeside Optoelectronic Technology Co., Ltd.
Lakeside photoelectric technology (Jiangsu) Co., Ltd. is an OLED
technology developer and OLED micro display manufacturer having a
factory in Changzhou, China. For more information, please visit
Lakeside's website at www.hupanoled.com.
Kopin, ColorMax and DoC, Lightning, and Pancake are registered
trademarks 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: Kopin working with,
collaborating with or having development programs with Lakeside
Optoelectronic Technology Co., Ltd., Shiftall In. and Panasonic
Corporation; and our belief that we have created the world’s first
all-plastic Pancake optics (named P95). 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 including the termination of
collaborations and programs. 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 26, 2020, or as updated from time to
time in the Company’s Securities and Exchange Commission
filings.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220104005952/en/
Products Dennis Natale, OLED
products, dnatale@kopin.com Greg Truman, Optics for Consumer
Display products, GTruman@kopin.com
Investor Relations Richard
Sneider, 508-870-5959 Treasurer and Chief Financial Officer
Richard_Sneider@kopin.com or Market Street Partners Joann
Horne, 415-445-3233 JHorne@marketstreetpartners.com
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