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CopyTele, Inc. to Temporarily Adjourn 2012 Annual Meeting of Stockholders Until November 30, 2012

MELVILLE, NY – November 6, 2012: CopyTele, Inc. (OTCBB: COPY), announced today that, in light of the recent catastrophic storm damage on Long Island, and the severe weather forecasted for Long Island at the end of this week, it intends to temporarily adjourn its 2012 Annual Meeting of Stockholders until Friday, November 30, 2012. The November 9, 2012 Annual Meeting of Stockholders will be adjourned immediately after it is convened, and no formal business will be conducted until the meeting is re-convened on November 30, 2012.

Robert Berman, CopyTele’s President and Chief Executive Officer, stated: “Last week’s devastating storm continues to negatively impact basic services on Long Island, including travel and lodging, and the severe weather forecasted for later this week could make things even more difficult. Because the CopyTele Board of Directors would like to give all CopyTele stockholders an opportunity to attend the annual meeting, we have decided to adjourn the meeting and re-convene the meeting on a date when the location is likely to better accommodate our stockholders.”

The re-convened meeting will be held at the Fox Hollow, Woodbury, New York on Friday, November 30, 2012 at 10:30 a.m. The record date for the meeting will remain September 10, 2012. Stockholders which have already cast votes for the annual meeting will not need to vote again unless they wish to change their votes.