5/7/2002 6:01:00 AM
BOTHELL, Wash. & CANTON, Mass.–(BUSINESS WIRE)–May 7, 2002–
Microvision, Inc. (Nasdaq:MVIS), the leader in light-scanning
technologies, and Robotic Vision Systems, Inc. (RVSI) (Nasdaq:ROBV),
the leader in machine vision and Data Matrix reading technologies,
today agreed to co-market a mobile biometric identification system
that offers unparalleled security features.
The two companies will jointly market a system-level solution
incorporating Microvision’s Nomad(TM) Personal Display System and
RVSI’s ID Trace biometric authentication technology to the U.S.
Government for homeland defense as well as to other organizations for
a variety of commercial security applications. The system addresses
the heightened requirement for means to authenticate identities and to
control access within buildings, naval vessels, military bases, and
other installations. The combined capabilities of the Microvision and
RVSI solution will provide users with a wearable display ID system to
instantly verify the identity of an individual without losing visual
contact with the person.
Microvision’s Nomad Personal Display has the capability to be
fully readable in any kind of brightly lit environment, increasing the
marketability of the identification tool for outdoor applications.
RVSI’s ID Trace incorporates Data Matrix two-dimensional bar code
technology to imbed a wide variety of biometric data into a compact
space. Information stored in the tamper-resistant Data Matrix can be
encrypted or changed frequently for even higher levels of security.
“We are pleased to team with RVSI and offer customers the benefits
of our collective technologies,” said Andrew Lee, Microvision vice
president of sales. “The net result will extend the precision of
biometric based identity checks to outdoor or brightly lit ambient
environments by using Nomad with ID Trace.”
The benefits of the integrated system include faster security
screening in fixed locations and the capability to stage mobile
security checkpoints at vital installations.
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. (Nasdaq:MVIS) 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.
About RVSI: www.rvsi.com
Robotic Vision Systems, Inc. (RVSI) (Nasdaq:ROBV) has the most
comprehensive line of machine vision systems available today.
Headquartered in Canton, Massachusetts, with offices worldwide, RVSI
is the world leader in vision-based semiconductor inspection and media
transfer equipment. Using leading-edge technology, RVSI joins
vision-enabled process equipment, high-performance optics, lighting,
and advanced hardware and software to assure product quality, identify
and track parts, control manufacturing processes, and ultimately
enhance profits for companies worldwide. Serving the semiconductor,
electronics, aerospace, automotive, pharmaceutical and packaging
industries, RVSI holds approximately 100 patents in a broad range of
technologies. For more information, call 800/669-5234.
Forward Looking Statement
Except for the historical information herein, certain matters
discussed in this release include forward-looking statements that may
involve a number of risks and uncertainties. Actual results may vary
significantly based on a number of factors, including, but not limited
to: risks in products and technology development, market acceptance of
new products and continuing product demand, the impact of competitive
products and pricing, changing economic conditions, both here and
abroad, timely development and release of new products, strategic
suppliers and customers, the effect of the accounting policies and
other risk factors detailed in each company’s most recent registration
statement, annual report on Form 10-K and 10K/A, and other filings
with the Securities and Exchange Commission.
Matt Nichols (media), email@example.com
Brian Heagler (investors), firstname.lastname@example.org
Neal H. Sanders, 781/302-2439