• Skip to content
  • Skip to footer

Microvision

Pioneer of PicoP Scanning Technology

  • Technology
  • Investors
    • Investor Overview
    • Press Releases
    • Presentations
    • Investor Events Calendar
    • Financial Reports
      • Quarterly Reports
      • Annual Reports
      • SEC Filings
      • Fundamentals
    • Leadership Team
    • Corporate Governance
      • Highlights
      • Committee Composition
    • Analyst Coverage
    • Stock Information
      • Stock Quote/Chart
      • Historical Price Lookup
    • Sign Up for Email Alerts
    • Contact Us
  • Our Company
    • Careers
    • Leadership
  • Newsroom
  • Contact

Microvision Enters Development Agreement with Asian Consumer Electronics Manufacturer to Create Accessory Pico Projector for Mobile Phones and Other Devices

October 23, 2007 By JSMT Media

Microvision Enters Development Agreement with Asian Consumer Electronics Manufacturer to Create Accessory Pico Projector for Mobile Phones and Other Devices
10/23/2007 6:30:00 AM
REDMOND, Wash.–(BUSINESS WIRE)–Oct. 23, 2007–Microvision
(NASDAQ:MVIS), the leader in light scanning technologies for display
and imaging products, announced today it has entered into a
development agreement with one of the world’s largest consumer
electronics manufacturers of mobile phones, digital cameras and
personal media players.

Under the agreement, the manufacturing partner will integrate
Microvision’s proprietary PicoP(TM) display engine into fully
functional stand-alone projector prototypes. The projector prototypes
are expected to be marketed to leading consumer electronics companies
for private labeling and distribution for mobile applications
including mobile phones and other devices. The accessory prototypes
will incorporate the PicoP display engine that is being developed by
Microvision’s other strategic supply chain partners. For
confidentiality reasons and at the request of the manufacturing
partner, Microvision is not releasing the partner’s name or details
regarding the expected timing of the product launch.

“In our pursuit of high volume consumer and automotive
applications we are partnering with world leading manufacturers to
bring the PicoP, our ultra-miniature, low power projection display
technology to market,” stated Alexander Tokman, Microvision President
and CEO. “This agreement is another example of our commitment to
accelerate PicoP’s path to market by leveraging the extensive
integration and manufacturing capabilities of one of the world’s
largest suppliers of mobile phones, digital cameras and personal media
players.”

The PicoP accessory projector is expected to be the size of
today’s feature-rich cell phones and will provide consumers with a
‘large screen viewing experience’ by projecting multimedia content
from their mobile phones and other devices. The PicoP accessory
projector is designed to deliver a large, full-color, WVGA display
that is always in focus even when projecting onto curved surfaces.
Applications for the accessory projector could include watching mobile
television, movies, personal videos, photographs, web surfing, gaming
and various business applications.

About Microvision www.microvision.com

Microvision provides the PicoP display technology platform
designed to enable next generation display and imaging products for
pico projectors, vehicles displays, and wearable displays that
interface to mobile devices. The company also manufactures and sells
its bar code scanner product line which features the company’s
proprietary MEMS technology.

Forward-Looking Statements Disclaimer

Certain statements contained in this release, including those
relating to future products and product applications, as well as
statements containing words like “expects,” “could,” 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; 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 and other risk
factors identified from time to time in the Company’s SEC reports,
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
Matt Nichols (media), 425-882-6657
or
Tiffany Bradford (investors), 425-936-6847

SOURCE: Microvision

Filed Under: Uncategorized

Footer

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.

Connect With MicroVision

6244 185th Ave NE
Suite 100
Redmond, WA 98052

Copyright © 2021 · MicroVision · All Rights Reserved

Terms & Conditions | Privacy Policy

Web Design Agency - JSMT Media