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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.911-3.5%3:59 PM EST

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To: CAP who wrote (3768)11/11/1999 3:26:00 PM
From: JDN  Read Replies (1) of 7721
 
TO ALL; I suppose the following is the reason for the volume and stock up today. Note the meeting was 11/10 for handing out the award. JDN


Retinal Scanning Display Recognized for Advancing Aviation and Space

Technology

BOTHELL, Wash., Nov. 9 /PRNewswire/ -- Microvision, Inc.'s (Nasdaq: MVIS) Virtual Retinal Display(TM) (VRD(TM)) was selected as a winner in the Space and Aviation category of Popular Science magazine's 12th annual "Best of What's New" awards. Recipients are selected from among thousands of new products and innovations reviewed throughout the year in the "What's New?" department of Popular Science magazine. The winners represent "outstanding and breakthrough technologies... that represent a significant step forward... and in some way improve the quality of life or advance the body of human knowledge."

"We're thrilled that our company's contributions are being recognized in this way," said Microvision President and CEO Rick Rutkowski. "The VRD retinal-scanning display is truly revolutionary. Wearable and handheld display products incorporating this technology are going to enable people to experience and use electronic information in new and powerful ways. This award is a testament to the commitment demonstrated by Microvision, and our commercial partners and customers, to make the VRD technology a reality."

"The 'Best of What's New' issue offers our readers a comprehensive guide to the year's most interesting and noteworthy technical and scientific accomplishments," says Popular Science editor-in-chief and President Fred Abatemarco.

The "Best of What's New" awards will be formally presented at the Tavern on the Green Restaurant in New York City on Wednesday, November 10. Members of the scientific, technical and business media will attend the event.

Founded in 1872, Popular Science is the world's largest science and technology magazine with a circulation of 1.6 million in the U.S. alone -- published in five languages worldwide. The fifth oldest continuously published magazine in the Unites States, Popular Science is published by Times Mirror Magazines.

About The Virtual Retinal Display

Microvision's VRD technology allows electronically generated images and information to be projected onto the retina of a viewer's eye. The VRD scans a low power beam of light to "paint" rows of pixels onto the eye, creating a high resolution, full-motion image without the use of electronic screens of any kind. The viewer looks at a small hand-held or head-worn device, which directs a pinpoint of light to the eye, rapidly scanning an image to the retina. To the viewer, the image appears to be an arm's length away, as if on a large video monitor. In reality, the image is on the viewer's eye -- not on a screen. Microvision expects that this revolutionary technology will create a dramatic demand for personal display technology products and applications and provide an opportunity to capture a significant portion of the growing market for personal electronic information displays.

About Microvision

Headquartered in Bothell, Wash., Microvision, Inc. (Nasdaq: MVIS) is the developer of the patented Virtual Retinal Display(TM) (VRD(TM)) technology that uses a rapidly scanned beam of light to project images on the eye's retina, allowing the viewer to see large, full-motion images without the need for a conventional display screen. Microvision designs and delivers personal display products and imaging technology in a broad range of military, medical, industrial, professional and consumer applications. The company was founded in 1993. Additional information can be found at the company's web site at mvis.com .

For more information on Microvision via fax, at no cost, dial 1-800-PRO-INFO, ticker symbol MVIS.

SOURCE Microvision, Inc.

CO: Microvision, Inc.

ST: Washington, New York

IN: CPR

SU:
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