MicroVision Catapults Mobile Displays to the Next Level

PicoMagic™ Touch Interactive and 3D Display Applications Lead the Pico Projection Revolution

LAS VEGAS--(BUSINESS WIRE)-- This year at the 2012 International Consumer Electronics Show, MicroVision, Inc. (NASDAQ:MVIS), the leader in innovative ultra-miniature laser display technology, is revealing immersive and boundary-pushing mobile experiences for future pico projection products. Powered by its new PicoP® Gen 2 HD laser display engine, MicroVision’s new PicoMagic™ demonstration platform will debut two new applications: the first-ever focus-free touch interactive and 3D displays that create an entirely new, immersive mobile experience for pico projection devices.

MicroVision's PicoMagic(TM) display applications take business presentations to the next level. (Photo: Business Wire)

Whether used for business, entertainment or gaming, the PicoMagic applications will revitalize the basic user experience often associated with ultra-miniature projection technology. PicoMagic demonstrates how mobile device users can have an immersive, “infinite reality” experience in the palm of their hand. The MicroVision PicoP Gen 2 HD laser display engine and PicoMagic display applications will be ideal for various consumer and commercial mobile applications such as entertainment, advanced gaming, business projection, and education.

Touch interactive and 3D mobile displays are two PicoMagic applications MicroVision will be demonstrating at CES. Touch interactive displays will allow users to instantly interact with a projected image on any surface, as well as create multi-user applications such as virtual whiteboards. For business users, touch interactive technology will provide the convenience to conduct business presentations with only the touch of their fingertips on a large display surface. Avid mobile gamers would also benefit from touch interactive technology by interacting with projected images with high response levels, making mobile gaming more realistic. As MicroVision continues to dedicate itself to enhancing the user experience for pico projection use cases, 3D displays are another natural next step. MicroVision’s PicoP 3D will provide an incredibly immersive viewing experience, from an ultra-compact and portable device.

“Pico projection is an emerging market with great growth opportunity for MicroVision and we believe consumers want a more engaging experience than just projecting information from mobile devices,” said Alexander Tokman, president and CEO of MicroVision. “We have developed the first two PicoMagic display applications based on this feedback from customers and consumers. The PicoMagic display applications open up new possibilities for OEMs and developers to create the next generation of pico projection products that go beyond basic projection. Combining the PicoP Gen 2 HD laser display engine with PicoMagic applications can give business users, educators and gamers an unmatched interactive and immersive content display experience.”

Available today as demonstrators, the PicoMagic applications are expected to be provided to MicroVision’s future PicoP Gen 2 HD laser display engine customers in late 2012 for 2013 products.

MicroVision is inviting CES attendees to its technology suite at the Venetian Hotel (31-231) to experience the future of mobile projection with the new PicoMagic display applications, including touch interactive and 3D displays. Also in the exhibition suite is the newest generation of Project Tuatara, MicroVision’s prototype gaming gun. Project Tuatara enables an “infinite reality” experience to gamers where first- and third-person games can be played on walls, ceilings and floors with immersive movements that are unmatched by any console or mobile device experience today.

About MicroVision

MicroVision provides the PicoP® display technology platform designed to enable next-generation display and imaging products for pico projectors, vehicle displays and wearable displays that interface with mobile devices. The company’s PicoP® laser display engine uses highly efficient laser light sources that create vivid images with high contrast and brightness. For more information, visit us on:

Website: microvision.com

Blog: microvision.com/displayground

Twitter: twitter.com/microvision

Facebook: facebook.com/MicrovisionInc

YouTube: youtube.com/mvisvideo

PicoP and PicoMagic are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.

Forward-Looking Statements Certain statements contained in this release, including those relating to demonstrations, future product and application availability, future product and application benefits and those using words such as “will,” “can” and “expect” are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company’s forward-looking statements include the following: our ability to raise additional capital when needed; our customers’ failure to perform under open purchase orders; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market our products; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; potential product liability claims; government regulation of our technologies; and other risk factors identified from time to time in the company’s SEC reports, including the company’s Annual Report on Form 10-K filed with the SEC. Except as expressly required by federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50125754&lang=en

MicroVision, Inc.
Tiffany Bradford, 425-882-6629 (investors)
tiffany_bradford@microvision.com
or
Edelman
Callie Snyder, 503-997-3440 (media/PR)
callie.snyder@edelman.com

Source: MicroVision, Inc.

Released January 9, 2012