Microvision Signs Development Contract with Major Consumer Electronics Manufacturer to Create Pico Projectors for Mobile Applications

(Business News & Technology News, 7 Jan 2008)

Microvision has entered into a development agreement with one of the world's leading distributors and manufacturers of diverse consumer electronics products. Under the agreement, the consumer electronics company will be evaluating Microvision's advanced pico projector prototype displays for use with a variety of mobile devices including phones, laptops and personal media players.

This is the second OEM agreement Microvision has announced to date that focuses on the development of the PicoP display for consumer mobility applications. PicoP is an ultra miniature display capable of projecting full color, high-resolution images and designed to be small and low power enough to be embedded directly into or attached to compact, portable consumer electronics devices, such as mobile phones, portable media players, laptops, digital cameras, camcorders and game consoles.

"One of our goals has always been to engage leaders and innovators in the markets that we plan to serve in order to create a new display paradigm for mobility users," said Alexander Tokman, President and CEO of Microvision. "This latest agreement with a global, diversified player in the consumer electronics sector marks yet another significant milestone in the execution of our go-to-market strategy."

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