Tuesday October 21 8:06 AM EDT
Company Press Release
Microvision Delivers Helmet-Mounted Display to Saab and Ericsson Saab Avionics
Virtual Retinal Display(TM) Technology to Be Used in Aircraft Simulators
SEATTLE, Oct. 21 /PRNewswire/ -- Microvision, Inc. (Nasdaq:MVIS) today announced it delivered a high resolution helmet-mounted display to Saab and Ericsson Saab Avionics for use in aircraft simulators. The demonstration system incorporates Microvision's patented Virtual Retinal Display(TM) (VRD(TM)) technology which provides a high level of brightness, contrast and overall resolution. The delivery was made on schedule to Saab and Ericsson Saab Avionics in support of their joint effort with Microvision to develop VRD technology for use in fighter aircraft.
Micael Johansson, General Manager of the Display and Reconnaissance Systems Division at Ericsson Saab Avionics, said, ''We are very pleased with the results of Microvision's display and we look forward to experiencing the potential that will be born out with this demonstration system. We believe that the technology leadership and product delivery capabilities demonstrated by Microvision can make an important contribution to realizing Saab and Ericsson Saab's vision for the next generation pilot vehicle interface.''
Rick Rutkowski, President and CEO of Microvision, said, ''Our delivery of the VRD demonstration system to Saab and Ericsson Saab Avionics is another example of our ability to deliver mission critical display technology to the industry's leading defense and aerospace players. Ericsson Saab Avionics is an acknowledged leader in the field of human interface design and we are enthusiastic about contributing to their advanced aviation developments.''
About the companies
Microvision, based in Seattle, Washington, is developing and commercializing its VRD technology, which allows electronically generated images and information to be projected onto the retina of the viewer's eye, The VRD scans a low power beam of light to ''paint'' rows of pixels on to the eye, creating a high resolution, full-motion image without the use of electronic screens of any kind. The company's objective is to be a leading provider of personal display products and imaging technology in a broad range of military, professional and consumer applications. For additional information, find the company's website at www.mvis.com.
Saab AB, based in Linkoping, Sweden, is the parent company in the Saab Group, which is active in advanced high technology products for aerospace and defense. The group also includes Saab Combitech, with operations in commercial high technology niches.
Saab produces the Gripen advanced multi-role fighter aircraft, the first of the fourth generation military fighter to enter service, and the Saab 340 and Saab 2000 commercial aircraft. Other products are guided missile systems and military training equipment. Among the company's non-military products are automatic road toll systems.
The Saab Group employs 8,300 people, and Group sales in 1996 were $1.1 billion.
Ericsson Saab Avionics is jointly owned by Saab and Ericsson. The primary operations include display, reconnaissance, electronic warfare and IFF systems, advanced electronics and mechanics, and electromagnetic technology. Several of the company's products are implemented in the Swedish Gripen fighter.
Ericsson's 90,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom. systems makes Ericsson the world-leading supplier in telecommunications.
For more information of Microvision via fax, at no cost, dial 800-PRO-INFO, ticker symbol MVIS.
SOURCE Microvision, Inc.
------------------------------------------------------------------------
More news for referenced ticker symbols: MVIS, MVISW, and related industries: aerospace, computer.
------------------------------------------------------------------------
Help
------------------------------------------------------------------------
Important Disclaimers and Legal Information
Questions or Comments? |
