9/10/2004 4:07:00 PM
BOTHELL, Wash.–(BUSINESS WIRE)–Sept. 10, 2004–Microvision, Inc.
(Nasdaq:MVIS), a leader in light scanning technologies, announced that
it has completed the $10 million of convertible preferred stock and
warrants placement on the terms that were announced earlier today.
About Microvision: www.microvision.com.
Headquartered in Bothell, 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 has applications in a broad range
of military, medical, industrial, professional and consumer products.
Forward-Looking Statement Disclaimer
Certain statements contained in this release 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, 2003, and its Quarterly
Reports on Form 10-Q.
CONTACT: Microvision, Inc.
Brian Heagler (investors), 425-415-6794
Matt Nichols (media), 425-415-6657
SOURCE: Microvision, Inc.