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Press Release

eMagin to Showcase Display that Exceeds Threshold for VR/AR Performance Requirements at Society for Information Display

HOPEWELL JUNCTION, N.Y.--(BUSINESS WIRE)--May 16, 2017-- eMagin Corporation, or the “Company” (NYSE MKT:EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, today announced that it will be demonstrating a full color 2000x2000 pixel OLED microdisplay which has a directly patterned emission structure and an advanced backplane at the upcoming prestigious Society for Information Display (SID) conference in Los Angeles, CA at booth 1209. The maximum brightness achieved on this display is more than 5,000 nits, which exceeds the threshold for acceptable VR/AR performance requirements. The advanced backplane is capable of delivering high peak luminance, wide dynamic range, high frame rates, and variable persistence operation with both rolling and global shutter options.

Dr. Amal Ghosh, Senior Vice President, R&D, will be presenting on Tuesday, May 23, 2017 at 3:40PM in the Technical Symposium and again on Wednesday, May 24, 2017 at 10:40AM in the Market Focus Conference. Dr. Amal Gosh will discuss the technology and needs of the industry for augmented reality and virtual reality display as well as highlight the capabilities of eMagin’s newest display.

“The development of this display is a significant step towards eMagin’s commitment to be a leader in the OLED microdisplay industry,” said Andrew Sculley, eMagin CEO. “We believe the performance of this display surpasses anything in the market today by a wide margin. It is drawing tremendous interest from the consumer VR and AR industry where high brightness and high resolution are the key requirements.”

Shipments of prototype displays to select customers are ongoing.

About eMagin Corporation

A leader in OLED microdisplay technology, OLED microdisplay manufacturing know-how and mobile display systems, eMagin manufactures high-resolution OLED microdisplays and integrates them with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin’s microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. More information about eMagin is available at www.emagin.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding eMagin Corporation’s expectations, intentions, strategies and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements as a result of various important factors, including those described in the Company’s most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.

Source: eMagin Corporation

eMagin Corporation
Jeffrey Lucas, 845-838-7931
Chief Financial Officer
jlucas@emagin.com
or
MBS Value Partners
Betsy Brod, 212-661-2231
Betsy.brod@mbsvalue.com