Microvision and Ford to Collaborate on Novel 'Heads-Up' Display For Automobiles
BOTHELL, Wash., May 24 /PRNewswire/ -- Microvision Inc. (Nasdaq: MVIS), the leader in light scanning technologies, announced today that they will collaborate with Ford Research Laboratory on the design and development of next generation driver and passenger display systems for automotive use. The first project will demonstrate Microvision's light scanning display technology as a driver's heads-up (HUD) display, similar to those used in military and commercial aircraft. Microvision's light scanning displays are believed to provide the potential for world's brightest and only daylight readable augmented vision display in either monochrome or full-color. Such a display system would allow the driver to view transparent images for daytime navigation information as well as night vision imagery by projecting the images off of the windshield. "We continue to pursue exciting and large market opportunity applications for our display technology," commented Tom Sanko, Microvision's vice president for marketing. "In addition to our recently announced efforts to develop mini-rear projection displays for automobiles, our HUD development schedule will first focus on a proof of concept demonstrator. We believe our bright, high-resolution display enables multiple unique, flexible and valuable configuration possibilities for future automobile designs. We look forward to working with Ford on this exciting HUD development." About Microvision 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 application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company's Web site at http://www.mvis.com . 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. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X17643428
SOURCE Microvision Inc.
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