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MicroVision Announces $3.15 Million Investment from a Current Shareholder

August 30, 2017 By JSMT Media

MicroVision Announces $3.15 Million Investment from a Current Shareholder
8/30/2017 5:31:15 PM
REDMOND, Wash.–(BUSINESS WIRE)–Aug. 30, 2017–
MicroVision,
Inc. (NASDAQ: MVIS), a leader in innovative ultra-miniature laser
display and sensing technology, today announced that on August 28, 2017
it sold 1.5 million unregistered shares to a private investor who is
also a current shareholder at a price of $2.10 per share, for aggregate
consideration of $3.15 million. The last closing sale price of
MicroVision’s common stock on August 28, 2017 was $2.19. MicroVision
intends to use the proceeds from the issuance for general corporate
purposes.

About MicroVision

MicroVision is the creator of PicoP® scanning technology, an
ultra-miniature laser projection and sensing solution based on the laser
beam scanning methodology pioneered by the company. MicroVision’s
platform approach for this advanced display and sensing solution means
that it can be adapted to a wide array of applications and form factors.
It is an advanced solution for a rapidly evolving, always-on world.
MicroVision’s business model and product line offering includes display
and sensing engines, licensing its patented technology and selling
components to licensees for incorporation into their scanning engines.

Extensive research has led MicroVision to become an independently
recognized leader in the development of intellectual property.
MicroVision’s IP portfolio has been recognized by the Patent Board as a
top 50 IP portfolio among global industrial companies and has been
included in the Ocean Tomo 300 Patent Index. The company is based in
Redmond, Wash.

MicroVision and PicoP are trademarks of MicroVision, Inc. in the
United States and other countries. All other trademarks are the
properties of their respective owners.

Additional Information

Additional information relating to MicroVision can be found on EDGAR at www.sec.gov.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170830006244/en/

Source: MicroVision, Inc.

MicroVision, Inc.
Investors:
Dawn Goetter, 425-882-6629
ir@microvision.com
or
Media:
Nicole
Cobuzio, 732-212-0823 ext. 102
nicolec@lotus823.com

Filed Under: Uncategorized

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About MicroVision

MicroVision is the creator of PicoP® scanning technology, an ultra-miniature sensing and laser projection solution based on the laser beam scanning methodology pioneered by the company. MicroVision’s platform approach for this advanced sensing and display solution means that it can be adapted to a wide array of applications and form factors. It is an advanced solution for a rapidly evolving, always-on world.

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6244 185th Ave NE
Suite 100
Redmond, WA 98052

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