eMagin Reports First Quarter 2006 Results; Revenue Growth of 138%.

Business WireMay 15, 2006

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eMagin Reports First Quarter 2006 Results; Revenue Growth of 138%.

BELLEVUE, Wash. -- eMagin Corporation (AMEX:EMA), the leader in OLED virtual imaging technology, announced today financial results for the quarter ended March 31, 2006.

First quarter selected highlights include the following:

Financial Summary:

--Revenue for the three months ended March 31, 2006 of $1.6 million increased 138% from $690,000 at March 31, 2005.

--Net loss and loss per share applicable to common stock for the three months ended March 31, 2006 was $5.2 million or $0.05 per share and included $792,000 of non-cash expense associated with the expensing ...

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