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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.945-1.5%Jan 14 3:59 PM EST

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From: BrightFuture9/30/2009 9:25:43 AM
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Microvision Receives Purchase Order and Begins Shipping World's First Laser Pico Projector, SHOWWX

finance.yahoo.com

REDMOND, Wash.--(BUSINESS WIRE)--Microvision, Inc. (Nasdaq:MVIS - News), a global leader in innovative ultra-miniature projection display and image capture products for mobility applications announced today that it has received a purchase order from its Asian marketing and distribution partner and has begun shipments of its PicoP® display engine-based product, the SHOWWX™ laser pico projector. Microvision expects its distribution partner to unveil its go to market product plans shortly.

“We are delighted to announce that Microvision has commenced shipments this week of the SHOWWX laser pico projector, our first commercial product based on the proprietary PicoP display engine,” said Alexander Tokman, President and CEO of Microvision. “This is a historical milestone for Microvision, accented by a purchase order that firmly kicks-off the first sales for the SHOWWX.”

The SHOWWX is a simple plug-n-play pico projector for people on-the-go who want to spontaneously view and share multimedia applications and programs such as mobile TV, movies, photos, presentations and more. Users can take the pocket-sized projector anywhere, plug it into their portable media players, mobile phones, notebooks and other portable mobile media devices and share a big screen experience with friends, family or business associates. Depending on the ambient light, the projected images range in size from 12” to 150”. The SHOWWX uses the revolutionary laser-based PicoP display engine technology that delivers large, colorful, bright, and vivid images that are always in focus, regardless of projection distance.
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