Scottsdale, Arizona 9/20/2008 1:02:08 AM
News / Finance

Microvision, Inc. (MVIS) Ships Projector Products for Evaluation and Valuable Customer Feedback

www.QualityStocks.Net would like to highlight Microvision, Inc. (NASDAQ: MVIS). The company provides the trademarked PicoP display technology platform to enable next-generation display and imaging products for pico projectors, vehicle displays and wearable displays for mobile devices. In short, the company’s technology allows for information, graphics and text from mobile phones, portable media players, digital cameras and mobile devices to be displayed on any surface in large-scale format.

 

In the company’s news yesterday,

 

Microvision announced it has begun shipping enhanced accessory projectors to leading consumer electronics original equipment manufacturers (OEMs) and telecommunications carriers for evaluation and testing.

 

“We are pleased to be providing the next generation prototypes in increased quantities to our partners to commence their evaluation and end-user testing. These units incorporate several important innovations and advancements including: new generation green lasers, an even thinner, smaller and brighter PicoP engine and several image quality enhancements. We are looking forward to receiving valuable feedback as we continue to move forward with our commercialization plans,” Microvision president and CEO Alexander Tokman stated in the press release.

 

The company expects the recipients to test and evaluate user feedback of the PicoP technology over the next several months. Microvision will incorporate user feedback into the final design and configurations of its PicoP accessory projector. The product is expected to be smaller, thinner and require less power.

 

From here, the company will test its product on a global scale, beginning late in the fourth quarter of 2008 and running through the first quarter of 2009. Microvision intends to be positioned to ship its accessory product to customers in the first half of 2009, contingent on customer feedback. So far, the company said it is on track for the commercial launch of the product.

 

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Forward-Looking Statement:

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