12/11/2000
Multi-National Business Executive to Focus on Mass-Market Consumer Opportunities for Retinal Scanning Display Technology
BOTHELL, Wash., Dec. 11 /PRNewswire/ — Microvision, Inc., (Nasdaq: MVIS),
announced today it has named Jacqueline Brandwynne, a prominent consumer
business development strategist, to its Board of Directors. The appointment
increases Microvision’s board from ten to eleven members. Additionally,
Microvision has established a consulting engagement with Ms. Brandwynne to
advance the company’s consumer business branding profile, strategic
partnering, financial and business opportunities.
The appointment of Ms. Brandwynne to the board and as a strategic
consultant is consistent with the company’s business plan to revolutionize the
display capabilities for mobile devices such as cell phones, PDA’s and game
devices.
Ms. Brandwynne, is a noted business executive, with over twenty-five years
experience building successful brands and consumer strategies for Fortune
500 multinational corporations, including Citicorp, American Cyanamid, Bristol
Myers/Clairol, Revlon, National Liberty Life and Seagram & Sons. Currently
founder and CEO of Brandwynne Corporation, she manages a successful venture
capital business concentrating on communication, Internet infrastructure
support and fiber optics.
Ms. Brandwynne has a depth of experience in academic, political and
economic arenas, having served in Washington D.C. under several presidential
administrations in both advisory and negotiating capacities. She continues
today to study and interpret ongoing structural evolution and advancements in
communication and information distribution.
“As we accelerate our product development initiatives into the consumer
products arena, the significance of Microvision’s display technology — and
how it will change the way consumers use their cell phones, PDAs and other
mobiles devices — means we need proven leadership in consumer marketing and
business development. We are very fortunate to have Jacqui Brandwynne on our
Board and as an advisor. Coupled with the diverse talents of our other board
members, Jacqui will play a significant role in how we best market this
technology to consumers,” said Rick Rutkowski, CEO of Microvision, Inc.
“I am very excited to be working with Microvision’s outstanding team to
bring about a major evolution in the company’s growth,” stated Ms. Brandwynne.
“Microvision’s display technology will be an integral part of the mobile
Internet and entertainment consumer devices industry. The display is
weightless and intangible, a virtual screen simply appears in your field of
vision to display the image you want. In the long run this technology will
erase the need for literal screens. The consumer applications are limitless.
It is a core technology that has the potential to be as significant as ‘Intel
inside’ is to the microprocessor industry. We shall achieve this objective by
partnering with leading consumer marketing companies here and overseas to
penetrate the global marketplace in the shortest possible time and with
optimum success.”
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications.
The company’s technology has application in a broad range of military,
medical, industrial, professional and consumer information products.
Microvision is also the majority owner of a newly established subsidiary,
Lumera Inc. http://www.lumera.com. Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company will deliver superior and unique component solutions to optical systems
suppliers. Additional information can be found about Microvision at the company’s Web site at http://www.mvis.com.
About Brandwynne Corporation
Headquartered in Los Angeles, Calif., Brandwynne Corporation offers
consulting services on building successful brands and consumer strategies in
the financial services, food, insurance and health and beauty industries.
Brandwynne Corporation invests venture capital in select businesses
concentrating on communication, Internet infrastructure support and fiber
optics. The company also recently created an Internet-based specialized health
care products and content company called Very Private.
Forward-Looking Statement
The information set forth in this release includes “forward-looking
statements” within the meaning of Section 21E of the Securities Exchange Act
of 1934, as amended, and is subject to the safe harbor created by those
sections. Certain factors that realistically could cause results to differ
materially from those projected in the company’s forward-looking statements
are set forth in the company’s Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q, as filed with the Securities and Exchange Commission.