6/14/2012 4:02:05 PM
REDMOND, Wash.–(BUSINESS WIRE)–Jun. 14, 2012–
MicroVision, Inc. (Nasdaq:MVIS), a leader in innovative ultra-miniature
projection display technology, announced that it has received a letter
from Nasdaq confirming that as of today the company has regained
compliance with Listing Rules. The company’s shares will continue to be
traded on The Nasdaq Global Market under the symbol MVIS.
MicroVision provides the PicoP® display technology platform designed to
enable next-generation display capabilities for consumer devices and
vehicle displays. The company’s PicoP display technology uses highly
efficient laser light sources which can create vivid images with high
contrast and brightness.
MicroVision is an independently recognized leader in the development of
intellectual property. MicroVision has been recognized by IEEE as a top
20 IP portfolio among all global electronics companies, and the top U.S.
Company in the rankings. MicroVision’s intellectual property portfolio
has also been recognized by the Patent Board, in association with the
Wall Street Journal as a top 50 IP portfolio among all global industrial
companies. The Patent Board has developed more than 50 indicators that
track global patent activity relating to companies’ innovation,
technology, and science strengths. MicroVision’s intellectual property
portfolio is further recognized by having been added to the Ocean Tomo
300 Patent Index. The Index is priced and published by the NYSE Euronext
(NYSE: OTPAT). The index is objectively based on the value of
intellectual property compared to competitors.
For more information, visit us on:
Certain statements contained in this release, including those relating
to MicroVision’s expectations, intentions or strategies, are
forward-looking statements that involve a number of risks and
uncertainties that could cause actual results to differ materially from
those in the forward-looking statements. These risks and uncertainties
include, but are not limited to; our ability to raise additional capital
when needed; our, or our customers’, failure to perform under open
purchase orders; 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; 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 our
Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with
the SEC. Except as expressly required by 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.
Additional information relating to MicroVision can be found on EDGAR at www.sec.gov.
Source: MicroVision, Inc.
Tiffany Bradford, 425-882-6629