eMagin Corporation (NYSE Amex: EMAN), the leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, today announced that it ranked number 185 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. eMagin’s CEO, Andrew Sculley credits proprietary intellectual property and processes as well as the inherent advantages of OLED technology with the Company’s 536% revenue growth. He remarked, “We continue to move the business forward, leveraging eMagin’s proprietary OLED technology in the design and manufacture of microdisplays that offer advantages in power consumption, contrast, and display size. Both sales to the military market and revenues derived from research and development contracts continue to increase steadily, permitting us to develop and advance a broader portfolio of microdisplay products which serve a variety of military, industrial, and consumer applications.” “eMagin and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. "Deloitte commends eMagin for this impressive accomplishment.” “eMagin has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™,” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. eMagin previously ranked 309 th as a Technology Fast 500™ award winner for 2009. This is the fourth consecutive year that eMagin has been recognized in Deloitte’s Fast 500 list. eMagin ranked 9 th fastest growing among Fast 500™ companies located in Washington. Overall, Technology Fast 500™ award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.comAbout eMagin Corporation A leader in OLED microdisplay technology and personal display systems, eMagin integrates high-resolution OLED microdisplays with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. The Company's own Z800 3DVisor provides 3D stereovision and headtracking for PC gaming, training and simulation, immersion therapy, and other applications. More information about eMagin is available at www.emagin.com. As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.