7/12/2006 12:33:00 PM
REDMOND, Wash.–(BUSINESS WIRE)–July 12, 2006–Microvision, Inc.
(NASDAQ: MVIS), today announced that Brian Turner has joined its Board
of Directors. Mr. Turner is currently Chief Financial Officer of
Coinstar, Inc.
“Brian is an exciting addition to our Board and we are very
pleased to have his expertise and experience on the Microvision team
as they greatly complement the skills of the existing Microvision
Board,” said Alexander Tokman, Microvision President and CEO. “Brian
brings extensive experience growing, financing and operating public
and private companies in addition to his many years of experience in
public accounting.”
Mr. Turner, 46, joined Coinstar in 2003 as its Chief Financial
Officer. Prior to this, he served as Senior Vice President of
Operations, Chief Financial Officer and Treasurer of Real Networks,
Inc, a digital media and technology company. Prior to Real Networks,
Mr. Turner was employed by BSquare Corp., a software company, where he
initially served as Senior Vice President of Operations, Chief
Financial Officer and Secretary before being promoted to President and
Chief Operating Officer. Prior to BSquare, Mr. Turner was Chief
Financial Officer and Vice President of Administration of Radisys
Corp., an embedded software company. Mr. Turner’s experience also
includes 13 years at PricewaterhouseCoopers where he held several
positions including Director, Corporate Finance.
“This addition of Brian to our Board completes another important
milestone of our announced strategy to improve the Company at every
level to position it for long-term growth and profitability,”
concluded Tokman.
About Microvision: www.microvision.com.
Headquartered in Redmond, Wash., Microvision, Inc. is the world
leader in the development of high-resolution displays and imaging
systems based on the company’s proprietary silicon micro-mirror
technology. The company’s technology enables solutions and products in
a broad range of industrial, consumer, military, and medical
applications.
Forward-Looking Statements
Certain statements contained in this release relating to achieving
business potential and product applications are forward-looking
statements that involve a number of risks and uncertainties. Factors
that could cause actual results to differ materially from those
projected in the company’s forward-looking statements include the
following: our ability to obtain financing; success of executive
transition; market acceptance of our technologies and products; our
financial and technical resources relative to those of our
competitors; our ability to keep up with rapid technological change;
government regulation of our technologies; our ability to enforce our
intellectual property rights and protect our proprietary technologies;
the ability to obtain additional contract awards and to develop
partnership opportunities; the timing of commercial product launches;
the ability to achieve key technical milestones in key products; and
other risk factors identified from time to time in the company’s SEC
reports, including in its Annual Report on Form 10-K, as may be
amended, and its Quarterly Reports on Form 10-Q.
CONTACT: Microvision, Inc.
Matt Nichols (media), 425-882-6657
or
Jeff Wilson (investors), 425-882-6625
SOURCE: Microvision, Inc.