Microvision partners with NeST on laser barcode scanning technology

November 20, 2006, Redmond, WA--Microvision, a developer of light-scanning technologies for display and imaging products, has entered into an agreement with Network Systems & Technologies (NeST) to establish an offshore development center initially for the engineering design and development of Microvision's laser barcode scanner product. Under the agreement, the NeST engineering team will work as an extension of the Microvision product development team in Redmond on product enhancements and cost reduction.

"The NeST offshore development center should enable us to achieve several important goals consistent with our business strategy," said Sid Madhavan, VP of engineering for Microvision. "First, we expect quicker response to our customers' requests for feature enhancements and stronger cost position. Second, the relationship with NeST allows us to maintain the focus in engineering on our Integrated Photonics Module platform activities targeted towards high volume products such as miniature laser projectors and heads-up displays for automobiles and airplanes." NeST has a strong history of delivering quality products to companies like GE, Hitachi, Toshiba and Mitsubishi, he added.

Sasi Kumar, who is heading the software division of NeST in Trivandrum, India, noted that, "NeST's software division, being focused on leading edge product development, is delighted to add yet another technology innovator to our client list and we are excited about this relationship with Microvision."

NeST Group, started in 1991 has been concentrating on technologies in communications, IT, fiber optics, microwave, wireless, and computers. In addition to its software development facility in India, the group has set up a number of manufacturing facilities and related operations worldwide, with offices in Japan, Canada, Australia, UK, UAE, and USA.