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eMagin Appoints Sainsbury to Lead Government Programs

(EMAILWIRE.COM, November 17, 2004 ) HOPEWELL JUNCTION, N.Y. and REDMOND -- Magin Corporation (AMEX: EMA) has named Rob Sainsbury as Vice President, Government Programs. Mr. Sainsbury will direct eMagin's government program efforts to advance OLED-on-silicon technology, and will help accelerate eMagin's growing position within the military, first responder, and homeland security sectors.

"Rob is an accomplished executive with a proven track record in these markets," said Susan Jones, executive vice president and chief marketing and strategy officer, eMagin Corporation. "We are confident that he will help to further develop our existing base of government systems work and to capitalize on new opportunities."

Before joining eMagin Corporation, Mr. Sainsbury was General Manager of Government Programs for Microvision, Inc., where he was responsible for business development, program and project management, and contracts within the government sector. Earlier, with Veridian's Equient Division, he was responsible for the division's largest customer relationship. He has also held leadership roles at the General Electric Company, Lockheed Martin, and Raytheon.

Mr. Sainsbury began his career as a US Navy Submarine officer, serving on USS Trepang as the Combat Systems Department Head and as a tactics and special operations platform instructor at the Naval Submarine School. He holds an MS in the Management of Technology from the University of Pennsylvania (a combined engineering and Wharton management degree) and a BS in Mechanical Engineering from the University of Rhode Island.

OLED: The Choice for Defense and Security

eMagin OLED microdisplays are ideal for defense and security applications. Solid-state OLED displays never lose the image, even in high-jitter flight and gun sight applications. In addition, they can deliver image information instantly across a wide temperature range. Because they emit light in multiple directions, OLED displays are free of the "flicker" that causes eyestrain in other near-eye displays. They also feature low power requirements and long life.

About eMagin Corporation

A leader in virtual imaging technologies and products, 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. With unique technology for producing high-performance OLED-on-silicon microdisplays and related optical systems, eMagin is the only company to sample and supply these displays in commercial quantities to OEMs. In addition, the company sells integrated modules to military, industrial and medical customers. eMagin's corporate headquarters and microdisplay operations are co-located with IBM on its campus in East Fishkill, N.Y. Optics and system design facilities are located at its wholly owned subsidiary, Virtual Vision, Inc., in Redmond, Wash. For more information, visit http://www.emagin.com.



Media Contact:

Joe Runde, eMagin, 845-838-7905, jrunde@emagin.com

Forward Looking Statements

This 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. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. 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.

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