Outlook

“We remain focused on our milestone approach to driving shareholder value for the remainder of 2016 and into 2017. While not reflected in our financial performance during the quarter, we are making considerable strategic business progress as we advance our microdisplay technology, expand our presence in our existing markets and penetrate new ones. We believe eMagin is the only Company whose products can meet the brightness and resolution requirements for high-pixel density displays that these markets demand,” continued Mr. Sculley.

The Company remains focused on the following objectives to drive shareholder value:

• Advance our product development discussions with Tier One companies to incorporate OLED technology into their next generation products,
• Further penetrate high growth commercial/industrial markets including medical devices and other vertical markets where integration of our OLED microdisplays and optics technology advances product development and adoption,
• Expand our presence in existing and future major military programs and overall customer count in domestic and international military markets,
• Launch new products focused on the consumer market which offer high performance and broad appeal at an attractive price,
• Advance discussions with high volume production partners to utilize our leading production and process technologies, and
• Continue our progress in manufacturing improvements including yield enhancement and production capacity expansion.