1/8/2007 8:03:00 AM
Visteon to demonstrate scanned-beam laser HUD using Microvision’s proprietary display engine at the Consumer Electronics Show in Las Vegas
LAS VEGAS, Jan 08, 2007 (BUSINESS WIRE) — Microvision (NASDAQ:MVIS), the leader in light scanning
technologies for display and imaging products, announced that Visteon,
a global automotive Tier 1 supplier, plans to demonstrate a recently
developed scanned-beam laser head-up display (HUD) based on
Microvision’s proprietary projection display engine at the Consumer
Electronics Show in Las Vegas, January 8-11, 2006. Visteon is the
Automotive Tier 1 partner referenced in Microvision’s September 26,
2006 press release.
Demonstrations of the Microvision enabled HUD will be located in
Visteon’s exhibit at the Las Vegas Convention Center, Central Plaza,
CP7.
Visteon and Microvision are currently collaborating to produce a
series of advanced HUD sample units, designed to meet demanding
automotive environmental requirements. Recently, Microvision has
delivered several advanced prototype HUDs to Visteon that demonstrate
Microvision’s superior display image performance. Visteon is expected
to use these HUD samples to demonstrate the unique performance
characteristics and inherent robustness of Microvision’s proprietary
laser based scanned-beam display technology, in addition to refining
the final commercial product requirements.
About Microvision: www.microvision.com
Headquartered in Redmond, WA, 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.
Forward-Looking Statement
Certain statements contained in this release, including those
relating to future commercialization of technology and product
development and statements using words such as “plans” and “expects,”
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: capital market risks, our ability to
raise additional capital when needed; 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; our dependence on the defense industry and
a limited number of government development contracts; 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; the timing of
commercial product launches and delays in product development; the
ability to achieve key technical milestones in key products;
dependence on third parties to develop, manufacture, sell and market
our products; potential product liability claims, risks related to
Lumera’s business and the market for its equity and other risk factors
identified from time to time in the company’s SEC reports and other
filings, including the Company’s Annual Report on Form 10-K filed with
the SEC. Except as expressly required by the federal securities laws,
we undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, changes in circumstances or any other reason.
SOURCE: Microvision
Microvision
Jeff Wilson (investors), 425-882-6625
or
Matt Nichols (media), 425-882-6657