2/28/2002 6:50:00 AM
BOTHELL, Wash., Feb 28, 2002 (BUSINESS WIRE) — Microvision (Nasdaq:MVIS) today
announced that it has signed an agreement with Pen Systems as a reseller of the
Nomad(TM) Personal Display System.
Pen Systems plans to couple Microvision’s Nomad display system with its
Inspector(TM) product — a portable tablet computer – and with Inspector+ – a
“universal inspection tool” that integrates with any municipal database to
provide secure real-time updates over cell or other wireless networks. The Nomad
display system will provide the added convenience and utility of a hands-free
head-up display to engineers, geologists, inspectors, surveyors, and production
and maintenance personnel, allowing them to move more safely and comfortably
through job sites and to maximize productivity and quality. In outdoor
environments, Nomad’s daylight readability will also be a major benefit.
Pen Systems also plans to offer the Nomad system with CEer — its universal
charting package on the PocketPC platform that enables hospitals to create their
own triage and patient charts and to integrate with labs and other department
databases through a wireless link.
Pen Systems creates totally mobile applications for industry that take computing
off the desktop and into the field. Carrying a complete range of portable and
wearable data terminals and peripherals, PSI develops both custom and
off-the-shelf mobile wireless systems solutions for customers ranging from cable
companies, and public utilities to mining companies, healthcare facilities, and
government agencies. Based in Sudbury, Ontario, Pen Systems Inc. has sales and
development offices in the U.S., Canada, South Africa, Australia and South
“We’re excited about the prospect of working with an experienced technology
leader like Pen Systems,” said Tom Sanko, Microvision vice president of
marketing. “A key part of our channel development strategy for the Nomad system
is to team with partners who have established themselves in the area of wireless
and mobile applications, and who have a proven track record of successful
solutions. Pen Systems has tremendous knowledge of the special needs of its
customers. As a result those customers continue to look to them for new
technology and business solutions.
“We are intently focused on developing multiple value-added channels for Nomad
system sales in order to complement our own internal sales team, and to
facilitate the delivery of complete mobile systems to customers. We are very
pleased with the response to the Nomad system and we look forward to more
quality partnerships of this kind.”
Based on Microvision’s patented retinal scanning technology, the recently
introduced Nomad display system is a high-resolution headworn display that
presents images and information to the user in a see-through or “head-up” mode.
This unique personal display will enable head-up, hands-free access to
information such as diagrams, instrumentation, maintenance records, moving maps
and interactive training manuals. The Nomad display features full
daylight-readability, allowing users to view high contrast images in even the
most challenging ambient lighting conditions. High quality, Super VGA resolution
makes the Nomad immediately compatible with a broad range of existing
applications and content.
By enabling users to merge selected electronic images into their natural field
of vision, the Nomad Personal Display System can bring critical information to
the point of task. From flight lines to factory floors, surgical suites, and
more, systems utilizing the Nomad display can deliver major improvements in
productivity, quality and safety for virtually any type of manual task. The
company is targeting applications for workers in four vertical markets —
industrial, aerospace, medical, and military — that enable customers to keep
information in front of people engaged in manual tasks or on the move.
About Microvision: www.mvis.com
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 applications in a broad range of military, medical,
industrial, professional and consumer information products. Nomad is a trademark
of Microvision, Inc.
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.
Matt Nichols, 425/415-6847
Brian Heagler, 425/415-6847
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