7/6/2005 9:35:00 AM
BOTHELL, Wash., Jul 06, 2005 (BUSINESS WIRE) — Microvision, Inc. (Nasdaq:MVIS), the world leader in
the development of scanned beam displays and imaging products,
announced today that it has named Claudio Ruben to its Board of
Directors. Mr. Ruben worked for The Gillette Company for 33 years in a
broad range of finance and executive positions. Mr. Ruben has
extensive expertise in financial management of marketing, sales and
manufacturing operations and in corporate functions, having served in
the controller, investor relations and internal audit functions. Mr.
Ruben will be a member of the Board of Director’s Audit Committee.
Mr. Ruben, 58, a CPA, graduated from the University of Buenos
Aires and began his career with Gillette in Argentina in the Treasury
Department. Over the next decade, Mr. Ruben held a variety of
financial management positions of increasing responsibility and scope.
Mr. Ruben has served as Controller of Gillette de Venezuela;
Controller of Jafra Mexico; Finance Director of Gillette de Mexico;
Finance Director of Gillette’s Latin American Group; Vice President,
Finance and Administration for Gillette International; Vice President,
Internal Audit; Vice President, Investor Relations and Vice President,
Corporate Controller, a position he held from 2001 until he
successfully completed his career with Gillette in May 2004.
“I am thrilled to be joining Microvision’s Board,” said Mr. Ruben.
“The company’s unique and proprietary technology has a large number of
very exciting applications. I look forward to working with the
company’s strong management team in making those opportunities
happen.”
“We are delighted to have someone of Claudio’s experience and
accomplishments join the company’s Board,” said Rick Rutkowski,
Microvision CEO. “As Vice President, Corporate Controller, Claudio was
the second highest finance executive at Gillette. Claudio’s varied
background gives him an unusual combination of expertise in sales,
marketing, manufacturing and finance. We believe that his financial
acumen, keen insight into company operations and leadership skills
makes him a valuable addition to our Board.”
About Microvision: www.microvision.com
Headquartered in Bothell, Washington, 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 has applications in
a broad range of military, medical, industrial, professional and
consumer products.
Microvision and its scanned beam display technology have been
recognized by IEEE Spectrum Magazine as one of “10 tech companies for
the next 10 years.”
Forward-Looking Statement
Certain statements contained in this release, including those
relating 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: market
acceptance of our technologies and products; our ability to obtain
financing; 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 10-K for the
year ended December 31, 2004, and its Quarterly Reports on Form 10-Q.
SOURCE: Microvision, Inc.
Microvision, Inc.
Matt Nichols, 425-415-6657 (media)
or
Brian Heagler, 425-415-6794 (investors)