7/17/2001
Technology Veteran Brings 24 Years of Engineering and Operations Management Experience to R&D Group
BOTHELL, Wash., July 17 /PRNewswire/ — Microvision (Nasdaq: MVIS), the leader in light scanning technologies, today named technology veteran
V.G. Veeraraghavan, Ph.D., as vice president of research and development.
Veeraraghavan brings to Microvision over 24 years of experience in
technology, component and process engineering in advanced technologies
management in such areas as Micro Electro Mechanical Systems (MEMS) and laser
and inkjet printers. Veeraraghavan oversees all product development and
engineering operations, reporting directly to Bill Sydnes, who was named chief
operating officer last week.
Veeraraghavan most recently served as vice president business development
for Standard MEMS, a $30 million MEMS semiconductor fabrication, end-product
packaging and systems integration firm. Prior to that position, Veeraraghavan
was vice president of the company’s operations wafer foundry and responsible
for engineering and production of MEMS wafers.
Veeraraghavan also spent nine years in management positions at Lexmark
International Inc. a developer and manufacturer of novel color laser and
inkjet solutions. As manager of inkjet printhead solutions, he held profit and
loss responsibility for a $100 million operation, responsible for design,
process development and manufacture of critical sub-miniature printhead
components. He led a staff of 150 in the development and manufacture of
electronics printed circuit cards.
Also key to his experience was nine years at IBM. As director of the
microelectronics division, he evaluated new technologies with recommendations
for corporate investment. As chief architect, he consolidated the technology
development plan that carried a budget of $110 million.
“Veera brings solid engineering and management experience and expertise to
our management team,” said Rick Rutkowski, Microvision CEO. “His unique
talents, and breadth and depth of experience make him an outstanding choice to
lead Microvision’s broad based technology and product development efforts.”
Veeraraghavan noted he was particularly excited about joining Microvision
at this stage of its development. “Microvision has an exciting opportunity to
commercialize a revolutionary technology,” he said. “With this highly talented
team, proven technology, and the market pull for our products, we have all the
elements of success coming together. I visualize an array of Microvision
products employing our core RSD and MEMS technologies becoming available
throughout the world.”
Veeraraghavan received a bachelor’s degree in science from the
University of Madras (India) and a bachelor’s degree in metallurgy from the
Indian Institute of Science. He also holds a master’s degree and a doctorate
in materials engineering from Purdue University and a master’s in business
administration from the University of Kentucky.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in
micro-miniature optical scanning technology for display and imaging
applications. The company’s technology has application in a broad range of
military, medical, industrial, professional and consumer information products.
Additional information can be found at the company’s Web site at
(http://www.mvis.com).
Forward-Looking Statement
The information set forth in this release includes “forward-looking
statements” within the meaning of Section 21E of the Securities Exchange Act
of 1934, as amended, and is subject to the safe harbor created by those
sections. Certain factors that realistically could cause results to differ
materially from those projected in the company’s forward-looking statements
are set forth in the company’s Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q, as filed with the Securities and Exchange Commission.