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Friday March 12, 6:30 am Eastern Time
Company Press Release
SOURCE: Microvision, Inc.
Microvision Taps Talent in Helmet and Head-Worn Displays
Company Adds Three to Product Team for Advanced Display Systems
SEATTLE, March 12 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news, MVISW - news) today announced that it has added three senior product engineers to its engineering team for development of advanced helmet-mounted and head-worn display systems (HMDs). Joining the company are Mircea Bayer, formerly section manager for military displays with Elbit Systems, Ltd.; Gordon Hall, formerly HMD technical group leader for Kaiser Electronics & Aerospace; and Andrew Stevens, PhD, formerly technical manager for display engineering with Pilkington Optronics. The new team members will be responsible for leading product development and related activities for Microvision's high performance helmet-mounted and head-worn displays, targeted for market roll-out to various medical, aerospace and military customers.
''The addition of these three individuals really rounds out Microvision's product team,'' said Steve Willey, executive vice president of Microvision. ''All three gentlemen have held senior positions in the management of highly visible programs for the design and production of head-worn and helmet-mounted displays in the U.S., Israel and Europe. Together they bring to Microvision more than 50 years of display systems experience and expertise with leading companies in the category. All three have substantial experience in developing and producing display systems for use in military fixed-wing and rotorcraft environments, as well as for various industrial and medical applications. Our efforts to attract this type of talent will continue as we prepare for shipping a variety of products in the next year. I'm not aware of any other company that has built an organization with greater talent and experience in the field of personal displays.''
Bayer brings to Microvision more than 20 years of display product development experience for some of the world's most advanced display programs. As a lead engineering manager with Elbit Systems, Ltd., an Israel-based multi-million dollar company engaged in a wide range of defense-related airborne, ground and command, control and communications (''C3'') programs throughout the world, Bayer was responsible for all helmet and head-down display activities, including the MIG-21, T-45, F-5, F-16 and V-22 fixed wing aircraft. Prior to Elbit, he was the engineering manager at MTL Systems and Systems Research Laboratories, Inc. He received his masters in electrical engineering from the Polytechnic Institute of Bucharest.
Hall is a 25-year seasoned veteran in electro-optical design and product development. Formerly the technical group lead for HMD systems at Kaiser Electronics & Aerospace, the world's leading producer of head-up, head-down and helmet-mounted displays for defense and aerospace applications, Hall was responsible for the conceptual product design and development of the latest technology HMD systems for United States Airforce and Navy. He was also responsible for the design of night vision systems, virtual reality systems and head-up, head-down displays. Prior to Kaiser, Hall was with Pilkington Optronics and Ferranti PLC. He received his BSME from the University of Dundee. Hall is responsible for Microvision's development of advanced helmet and head worn display systems.
Stevens has achieved considerable recognition in the United Kingdom display community as an expert in miniature flat panel display technologies and their application to HMD and head-up display (HUD) systems. He is a frequent speaker and author on the advancements in optical systems. As a lead member of the display team for Pilkington Optronics, one of the world's leading producers of defense electro-optical equipment for land, sea and air applications, Stevens supported key programs in the aerospace, automotive and medical markets. Prior to Pilkington, Stevens received his PhD at the University of Edinburgh. He will lead Microvision's product management initiatives within the aerospace and military markets.
About Microvision
Headquartered in Seattle, Microvision, Inc. (Nasdaq: MVIS - news, MVISW - news) is the developer of the patented Virtual Retinal Display(TM)(VRD(TM)) technology that uses a rapidly scanning 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's objective is to be a leading provider of 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 website at mvis.com.
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-KSB and Quarterly Reports on Form 10-QSB, as filed with the Securities and Exchange Commission.
SOURCE: Microvision, Inc. |