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

To: wfrazee who wrote (1052)	4/29/1998 5:35:00 PM
From: emil	Read Replies (2) \| Respond to of 7721

Not without competition........Look at what I found: Wednesday April 29, 4:00 am Eastern Time Company Press Release SOURCE: Laser Power Corporation Laser Power Announces Receipt of Phase II SBIR Contract For Helmet Mounted Display Technology SAN DIEGO, April 29 /PRNewswire/ --Laser Power Corporation (Nasdaq: LPWR - news) today announced the receipt of a $750,000 Phase II Small Business Innovation Research (SBIR) contract from the Department of Defense for the development of a Full Color Helmet Mounted Display (HMD) for use as a training instrument for military pilots. Laser Power's HMD design is based on its red, green and blue solid-state microlasers and will provide 2560 x 2048 resolution and a horizontal field-of- view of 80 degrees per eye. If configured for partial overlays, the system will achieve a horizontal view of 1209 per eye. Existing display devices typically offer much lower resolution and limited field-of-view. Laser Power plans to develop the HMD to interface with a state-of-the-art image generator. In addition to the use of HMD's for flight simulation, additional potential markets for Laser Power's HMD technology include virtual reality applications, as well as medical, scientific and engineering applications. In addition, the home television market could be a significant opportunity as HDTV becomes the standard. ''This technology is an adaptation of our ongoing development of advanced high resolution displays enabled by our microlaser technology,'' stated Glenn H. Sherman, Ph.D., Chairman and Chief Executive Officer. ''A head mounted display is basically a low power miniature projection display, and our microlasers are ideal for this application.'' Laser Power Corporation, through its operating divisions and subsidiaries, designs, manufactures and markets high-performance lasers and optics for industrial, medical and military applications. The Company's laser optics products are sold to laser system OEMs and end users as original and replacement components in high power C02 and other lasers. The Company's non- laser optics products are used in a variety of infrared windows, missile domes and other optical elements primarily for the defense market. The Company's proprietary miniature solid state lasers (''microlasers'') are designed for use in certain medical, telecommunications, projection display and other applications.