6/12/2006 8:04:00 AM
REDMOND, Wash., Jun 12, 2006 (BUSINESS WIRE) — Microvision, Inc. (NASDAQ: MVIS), today announced that
Jeanette Horan has joined its Board of Directors. Ms. Horan is
currently Vice President, Worldwide Information Management Development
and General Manager, IBM Silicon Valley Laboratory.
“We are excited to add someone of Jeanette’s caliber and
experience to Microvision’s Board,” said Alexander Tokman, Microvision
President and CEO. “Jeanette’s background and skills in successfully
initiating and delivering new technology products, leading worldwide
software development teams, developing operational planning processes
and forming strategic global alliances is very synergetic with our new
growth strategy and should greatly benefit Microvision.”
Ms. Horan, 50, joined IBM in 1998 and is responsible for all
information management software development in IBM, a core component
of IBM’s $15 Billion software business. Prior to her current position,
Ms. Horan was Vice President, Strategy of the IBM Software Group where
she was responsible for strategic alliances with key platform partners
and led strategic and operational planning processes. Ms. Horan was
also Vice President, Development for the Lotus brand and led worldwide
product management, development and technical support. Prior to
joining IBM, Ms. Horan worked for Digital Equipment Corporation where
she was Vice President, Development for the AltaVista business,
bringing the Web search engine and suite of intranet products to
market. Ms. Horan’s management experience also includes five years as
Vice President, Development for the Open Software Foundation.
“Jeanette’s addition represents another important incremental step
in our earlier communicated strategy to turn the Company around and 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.
SOURCE: Microvision, Inc.
Microvision, Inc.
media:
Matt Nichols, 425-882-6657
or
investors:
Jeff Wilson, 425-882-6625