To: dwight martin who wrote (5213 ) 5/21/2001 10:01:52 AM From: vpelt Respond to of 7721 PR today:prnewswire.com BOTHELL, Wash., May 21 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS), the leader in laser-scanning display technology, announced today that its advanced research and development team has demonstrated a small rear-projection display that is daylight-readable. The projection display has several potential applications in automobiles, including a driver information center, reconfigurable instrument panel, and -- coupled with rear-facing cameras -- a replacement for side-mounted rear view mirrors. The high-resolution image is scanned onto the back of a mylar screen which is specially treated to prevent light from scattering. The result is an extremely bright, daylight readable display that can be produced in a wide array of shapes and sizes, and can display virtually any information that can be imagined by the vehicle designer. Displays in automobiles are becoming more and more important for a variety of reasons including the delivery of information services to the driver. Manufacturers are also interested in instrument panel displays that are more versatile and can produce higher quality graphics than the displays currently in use. Higher resolution displays would also allow for individual instruments and dash panels to be reconfigured; an advantage to manufacturers during production and to drivers who want to customize or upgrade their instrument panel. "There is keen interest from automobile companies in high resolution, high brightness displays that can be flexibly configured," said Tom Sanko, Microvision's vice president for marketing. "Existing display technology doesn't meet key requirements for such systems -- daylight readability, low-cost, power efficiency and longevity. We believe that a significant market opportunity exists for Microvision's display technology in this market and that we can meet all of the requirements for such systems. While this is an early effort, we are quite excited because we can adapt existing technology being developed for our Nomad wearable display to meet initial requirements with monochromatic displays while offering a path to full-color systems." 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 mvis.com . NOTE: Nomad and retinal scanning display are trademarks of Microvision, Inc. 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 Heretbutton.prnewswire.com SOURCE Microvision, Inc. Web Site: mvis.com