Liteye Systems, Inc. announced today that it has placed an order for initial production quantities of OLED microdisplays manufactured by eMagin Corporation (AMEX: EMA) to fill orders received from military and industrial customers in the United States, Europe, and Australia. Liteye has been developing low-power rugged monocular displays based on eMagin's OLED microdisplays for more than two years. Kenneth Geyer, vice president of development, Liteye Systems, noted that the new orders come from numerous military and industrial customers who are moving from the testing and evaluation phase into deployment. "The outlook for 2006 and 2007 is bright as we anticipate additional programs moving into deployment phases." Geyer noted that Liteye products are now in use in areas as diverse as dismounted soldier programs, infrared cameras, telemedicine, portable ultrasound, and the maintenance and repair markets. "We are pleased that Liteye has chosen our displays for these products," said Susan Jones, executive vice president and chief marketing and strategy officer, eMagin Corporation. "Liteye's advances in optics and electronics with their LE-450 and LE-500 amplify the utility of the OLED displays in delivering outstanding low-power near-eye systems." About Liteye Systems Liteye Systems, located in Centennial Colorado, is a leading designer and manufacturer of head mounted displays and miniature display solutions. The Liteye family of products is distinguished by their unique combination of patented optics and rugged lightweight designs. Liteye integrates OLED microdisplays with other technologies to provide solutions to military, industrial, medical, and infrared customers worldwide. Their newest product, the see-through LE-500, is the latest in a long line of HMD solutions. For more information about Liteye Systems visit http://www.liteye.com or call (720) 974-1766. About eMagin Corporation A leader in OLED microdisplay and virtual imaging technologies, eMagin integrates high-resolution OLED microdisplays, magnifying optics, and systems technologies to create a virtual image that appears comparable to that of a computer monitor or a large-screen television. eMagin's OLED displays have broad market reach and are incorporated into a variety of near-to-eye imaging products by military, industrial, medical and consumer OEMs who choose eMagin's award-winning technology as a core component for their solutions. eMagin has recently introduced its first direct-to-consumer system, the Z800 3DVisor, which provides superb 3D stereovision and headtracking for PC gaming, training and simulation, and business applications. eMagin's microdisplay manufacturing and R&D operations are co-located with IBM on its campus in East Fishkill, New York. System design facilities and sales and marketing are located in Bellevue, Washington. A sales office is located in Tokyo, Japan. For additional information, please visit www.emagin.com and www.3dvisor.com.
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