Kopin Subsidiary Reaches Agreement to Supply Displays to JUTZE Intelligence Technology
Summary
WESTBOROUGH, Mass.--( BUSINESS WIRE )--Kopin Corporation (NASDAQ: KOPN ), a leading developer of innovative wearable computing technologies and solutions, announced that its wholly owned subsidiary, Forth Dimension Displays Limited, (ForthDD), has entered into an agreement with JUTZE Intelligence Technology Co., Ltd. (JUTZE) to provide displays for their Mirage series of 3D SPI (Solder Paste Inspection) equipment.The ability to use 3D SPI to measure solder paste in all three dimensions, on every PCB in real time, enables companies to improve yields and product quality while reducing wastage and cost.Based in Fife, Scotland, UK, the company focuses on the design, development, manufacture and sale of microdisplays and SLMs (Spatial Light Modulators) for professional and technical markets.It has also announced collaborations with iView (PRC) and Lumaxis (USA) where they will develop standard 3D AOI optimized Structured Light Projector modules for customers in these markets.These risks and uncertainties include, but are not limited to, thatthe market for 3D inline inspection machines may not grow around the globe; ForthDD may not have and may not develop a very strong position in the market in Germany, Japan and South Korea for both 3D SPI and 3D AOI applications; ForthDD may be unable to develop a strong position supplying Chinese 3D SPI and 3D AOI machine manufacturers;we may not be successful in our expansion into China; and other risk factors and cautionary statements listed in Kopin’s periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 31, 2017, and Kopin’s subsequent filings with the Securities and Exchange Commission.