6/6/2006 9:02:00 AM
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REDMOND, Wash.–(BUSINESS WIRE)–June 6, 2006–Microvision, Inc.
(Nasdaq:MVIS) announced today that it will be showcasing at the
Society of Information Display’s (SID) annual conference in San
Francisco, June 6 – 8, 2006, several exciting scanned beam display
products and concepts including a demonstrator of its miniature
projection display, called PicoP. The company will be exhibiting in
booth number 214. PicoP, based on the company’s Integrated Photonics
Module(TM) (IPM) display platform, is being designed to be embedded
inside portable mobile devices such as cell phones and PDAs to add a
“big screen” projection experience to mobile applications. The company
expects that its OEM customers may also design the IPM capability into
emerging industrial, consumer, automotive, healthcare, and military
display products.
“Microvision’s IPM display platform is unique in many respects. It
is expected to yield the ultimate solution — a large image in a small
package,” said Alexander Tokman, Microvision CEO. “Unlike most
matrix-display technologies, such as a LCD or DLP, we modulate laser
light temporally and spatially using a single tiny vibrating silicon
mirror to produce an image. The inherent advantages of this display
platform include spectacular image quality, small form factor and low
power. For example, because PicoP is using a collimated beam of laser
light to produce a full-color, high resolution and contrast image it
exhibits an “infinite” depth of focus. As a result, this product will
not require a projection lens which further reduces its form factor
and cost. The overall package can be very compact and driven by low
power. A small form factor balanced with low power requirements is
essential to portable handset manufacturers to enable personal
projection applications.
“Microvision’s IPM display platform is expected to support a
variety of large market opportunities in addition to personal
projection displays, including wearable displays for military,
industrial, and consumer applications as well as automotive head-up
displays,” 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 Disclaimer
Certain statements contained in this release, including those
relating to future technical solutions and product applications as
well as statements containing words like “expects,” “would,” “could,”
“believes” and other similar expressions 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 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.
CONTACT: Microvision, Inc.
Jeff Wilson, 425-882-6625 (Investors)
Matt Nichols, 425-882-6657 (Media)
SOURCE: Microvision, Inc.