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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: kili who wrote (913)	3/14/1998 10:18:00 PM
From: Stephan Gregory Chase	Read Replies (2) \| Respond to of 7721

Kim, After a long absence from this board, I thought I'd drop in to say, hi. The contract was indeed with Ericsson Saab Avionics, which "was formed on January 1, 1997, in order to consolidate strategically important competence within the Swedish defense industry." I got that blurb from the website located at esavionics.se I take it that this company is a joint venture between Saab and Ericsson. So, while some of these guys may know people in the cellular phone division, the existing contracts did not address that potential avenue. Now, who the Microvision guys are talking to is another matter, and, unfortunately, not one in which I can shed a lot of light. As for the VRD being used as a hand-held device, I can report that I held such a device about six weeks ago, and it works fine. Specifically, the device was a red monochrome, VGA, hand-held VRD. You'd be surprised at how easily you can find the image and not lose it. I don't recall the exit pupil of the device, but it looked pretty good. Also, it was easy to keep the image in my line of sight. We do that all the time. For example, when reading our eyes follow a distinct and fairly narrow path. Looking at VRD is just like staring at a single word on a page. Try it. See? On other fronts it looks like Microvision continues to get serious about selling VRD in the medical field. Check out the job listing below which I lifted from their online job listings: "Marketing MEDICAL PRODUCTS SEGMENT MANAGER Organize, direct, and lead the successful sales and marketing effort on behalf of the company for the Medical Market Segment. Define the strategic plan for optimum penetration of Microvision's products including the opportunity, tactics, and methodology for implementation. Assume full business responsibility including staffing, budget, and P&L operation of the segment consistent with the plans, objectives, and procedures of the company. Take a leadership position within the segment by being recognized as an expert in imaging technology generally and application of Microvision's scanning technology. Requires demonstrated understanding of medical device industry and technology developments. 10+ years management experience in the medical field, proven track record in developing strategic account partnerships and joint ventures. BS Biomedical Engineering or related field; proven track record of successful introduction of new technologies, devices and systems. Experience with laser systems, optical devices and systems preferred." Actually, reading that job listing gives one a partial understanding of their strategy in this field. The Company must be really busy. Not only are they contracted in the next few months to move their resolution from VGA to XVGA (1280 X 1024), but they also need to make it binocular. I don't know if we've talked about the potential scope of this program before. Microvision is one of three companies competing for the contract for the Aircrew Integrated Common Helmet (AICH) that will be first used in the proposed Comanche Armed Reconnaissance Helicopter (RAH-66). That the US Government is paying $4.6 million for a VRD prototype is encouraging. The Comanche's proposed production is slotted at 1,292 aircraft. Now at two helmets per helicopter and somewhere between $40,000 - $100,000 per helmet, we're talking some serious potential here. Keep your fingers crossed! Stephan