Microvision and Asia Optical partner in production of PicoP display engines

October 10, 2008--Microvision (Redmond, WA), a manufacturer of miniature projection display and image-capture products for mobility applications, and Asia Optical (Taichung, Taiwan), a manufacturer of electro-optical components, entered into a Supply Agreement for Asia Optical to produce products based on Microvision's proprietary PicoP technology. The first units manufactured under the agreement are expected to be completed later this year.

October 10, 2008--Microvision (Redmond, WA), a manufacturer of miniature projection display and image-capture products for mobility applications, and Asia Optical (Taichung, Taiwan), a manufacturer of electro-optical components, entered into a Supply Agreement for Asia Optical to produce products based on Microvision's proprietary PicoP technology. Under the agreement, Asia Optical will manufacture PicoP display engines and Microvision's first stand-alone accessory Pico projector product. The first units manufactured under the agreement are expected to be completed later this year.

Global original equipment manufacturers (OEMs) and distributors that are seeking to integrate Pico projectors into their product portfolios have shown strong interest in Microvision's ultra-miniature, low-power PicoP display engine because of its ability to produce bright, large-size, high-resolution, color-rich images that are always in focus. Potential applications for the PicoP display engine include embedded or accessory projectors for mobile phones, personal media players, laptops and hand-held gaming devices.

Alexander Tokman, Microvision president and CEO, said, "Asia Optical's production capabilities are outstanding. They are one of the world's largest high-volume and vertically integrated manufacturers of digital cameras, high-precision lenses, photonic modules, DVD engines and electronics assemblies. This agreement represents a major milestone in our PicoP commercialization plan."

Microvision's PicoP technology is described in "PICOPROJECTORS: Nanosecond modulation makes cell-phone projectors possible" at www.laserfocusworld.com/articles/328527.

For more information, visit www.microvision.com.


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