12/13/2013 8:30:38 AM
Company will also highlight display engines by partners based on
latest generation PicoP® display technology
enabling improved performance and lower cost
REDMOND, Wash.–(BUSINESS WIRE)–Dec. 13, 2013–
Inc. (NASDAQ:MVIS), a leader in innovative, ultra-miniature projection
display technology, today announced it will be attending the 2014
Consumer Electronics Show (CES) in Las Vegas. The company will be
hosting meetings with consumer electronics Original Equipment
Manufacturers (OEMs) to show new and exciting product concept devices to
showcase the possibilities enabled by PicoP® display
technology that excite consumers – offering a convenient and dynamic way
to view media-rich content on the go. These devices integrate the latest
generation of PicoP display technology, which enables a bright, high
definition, always in focus image from a small form factor. The company
will also feature display engines from its partners that highlight its
award-winning PicoP display technology.
MicroVision recently conducted focus groups for mobile devices equipped
with PicoP display technology. The participants, who represented a range
of demographic profiles, were shown demonstrations with devices similar
to those that will be featured by MicroVision at CES. The experience of
enhanced viewing of movies, sports and social media images garnered
extremely positive reactions, and participants were impressed with the
image quality, convenience and ease of use that these PicoP-enabled
devices demonstrated. The ability of PicoP display technology to create
a big screen experience from a handheld, portable device that never
required focusing was seen as a capability that would increase usage of
mobile devices for video viewing.
MicroVision is engaged in discussions with targeted OEMs for bringing
PicoP display technology to market in their products. Under its
licensing business model, the company is also working with multiple
partners with the goal of having supply sources for display engines
based on PicoP display technology readily available for OEMs.
MicroVision is the creator of PicoP® display technology, an
ultra-miniature laser projection solution for mobile consumer
electronics, automotive head-up displays and other applications.
MicroVision’s patented display technology helps OEMs break down display
boundaries and offer enhanced visibility to mobile experiences. Nearly
two decades of research has led MicroVision to become an independently
recognized leader in the development of intellectual property.
MicroVision’s IP portfolio has been recognized by the Patent Board as a
top 50 IP portfolio among global industrial companies and is also
included in the Ocean Tomo 300 Patent Index. The company is based
in Redmond, Wash. For more information, visit the company’s website at www.microvision.com,
on Facebook at www.facebook.com/MicroVisionInc or
follow MicroVision on Twitter at @MicroVision.
MicroVision and PicoP are trademarks of MicroVision, Inc. in the
United States and other countries. All other trademarks are the
properties of their respective owners.
Certain statements contained in this release, including those relating
to strategy, expected market interest and growth, and future product and
technology development and sales, OEM arrangements, supply sources and
those containing words such as “discussions,” “expects” and “goal” 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; products incorporating our PicoP display technology
may not achieve market acceptance, commercial partners may not perform
under agreements as anticipated, we may be unsuccessful in identifying
parties interested in paying any amounts or amounts we deem desirable
for the license of IP assets, 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 the company’s Annual Report on Form 10-K 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.
Source: MicroVision, Inc.
Dawn Goetter, 425-882-6629