Wednesday, July 7, 2010

Kopin retains Genesis Select for investor relationship services

TAUNTON, USA: Kopin Corp., the world’s leading producer of HBT transistors for smart phones and other mobile devices, and the largest US manufacturer of micro-displays for consumer, industrial and military applications, has retained Genesis Select Corporation to augment its institutional investor relations program.

Genesis Select will support the Company’s efforts to cultivate long-term relationships with the investment community of portfolio managers and analysts by helping Wall Street gain a broader understanding of the Company’s growth prospects.

“Genesis Select has demonstrated the ability to generate investor interest in clients as measured by increased institutional ownership and research for their clients over their 11-year history,” said Richard Sneider, Kopin’s CFO.

“Kopin has a broad diversified portfolio of market leading products, including its market dominant HBT transistor wafers, which are supporting the explosive growth of smart phones because of the ability of these transistors to generate clearer high-frequency signals, consume less power and enable longer talk time,” said Budd Zuckerman, president of Genesis Select.

“Kopin’s “best-in-class” CyberDisplay LCDs have been deployed in over 30 million consumer electronic devices and 100,000 military systems, including helmet-mounted displays, thermal weapon sights and other similar battlefield systems. The Company’s momentum also is fueled by the expected introduction next year of its award winning Golden-i technology, a wireless cloud computing computer headset that offers the resolution of a full size LCD TV in a postage stamp-sized monitor.”

“With its market dominant positions in III-V and display products, coupled with its leading-edge Golden-i technology, a pristine balance with over $118 million in cash, no debt, and a patent portfolio of over 200 global patents issued or pending, we believe Kopin is positioned for strong growth ahead. Genesis Select looks to educate the institutional investment community about the Kopin opportunity and the Company’s valuation disparity to its peers,” added Zuckerman.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.