Microvision (visual display system) - 500 Beiträge pro Seite
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ISIN: US5949603048 · WKN: A1JUDY · Symbol: MVIS
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Letzter Kurs 19:36:52 Nasdaq
Neuigkeiten
05.03.24 · IRW Press |
05.03.24 · Accesswire |
28.02.24 · Accesswire |
21.02.24 · Accesswire |
Werte aus der Branche Elektrogeräte
Wertpapier | Kurs | Perf. % |
---|---|---|
1,3000 | +71.367,84 | |
13,400 | +144,75 | |
25,12 | +39,05 | |
0,5900 | +31,11 | |
2,4500 | +23,10 |
Wertpapier | Kurs | Perf. % |
---|---|---|
25,38 | -10,25 | |
6,0100 | -11,23 | |
0,5300 | -24,29 | |
0,7300 | -26,26 | |
4,0000 | -33,33 |
So, in der Hoffnung eines besseren Threads mache ich einen neuen auf und versuche, Euch kurz Microvision näher zu bringen.
Microvision (MVIS / NASDAQ) , Wkn 904586
Market Capitalization $553.2M
Shares Outstanding 9.88M
Float 7.70M
52-Week Low on 12-Oct-1999 $12.50
52-Week Highon 20-Mar-2000 $68.50
www.mvis.com
fundamentals unter www.yahoo.com (business)
Microvision stellt Technologien her, welche Bilder und Informationen direkt auf das menschliche Auge projizieren.. das ist sensationell!!! Im übrigen keine Gefahr für das menschliche Auge, näheres zur Technik auf deren Homepage www.mvis.com
Klar, alle sprechen von Minicomputern oder internetfähigen Handys....aber wer von euch hat lust, sich die augen zu verderben, indem er auf einem handydisplay kurse abruft oder sonstwie im netzt surft??...die lösung ist viel einfacher. mit microvisions technologien kann man das bild direkt im auge enstehen lassen. die einsatzgebiete sind unerschöpflich: zb in der medizin... dadurch, daß die reale welt immer noch völlig klar wahrgenommen werden kann, bekommen ärzte die möglichkeit, patientendaten direkt während der operation eingeblendet zu bekommen. Auch in Cockpits von Boeing wird der Einsatz getestet.Der Siegeszug von MVIS hat begonnen und kann nicht mehr aufgehalten werden. Dieses "visual display system" hat jetzt schon Marktreife im Militärwesen (die kaufen immer überteuert ein), im medizinischen Bereich und in der Industrie. Im Sinne der Automatisierung in der Industrie wird das "vds" unersätzlich. Ich habe schon ein klares Bild von dem, wie ein Arbeiter / Facharbeiter in einer automatisierten Produktionsstätte rumläuft (eben total vernetzt mit "vds"-Brille).
Ferner ist noch ein ganz dicker Happen "drin", welcher bisher noch nicht jedem bewußt ist (siehe VISA-Werbung): die breite Masse der Bevölkerung. Das vds wird in 2 bis 3 Jahren in Form einer modisch eleganten Sonnenbrille (in vielen Variationen) den selben Siegeszug starten wie es das Handy gemacht hat. Ich kann dann rumlaufen und jeder Zeit ins Internet, face-to-face mit jmd kommunizieren usw. Das Problem bisher war ja gerade das Display. Ich finde es geradezu peinlich, via Handydisplay ins internet zu gehen. Das mag eine "Lösung" für die nächste Zeit sein, aber was dann kommt wissen wir ja.
VISA-Werbung
Kennt ihr die VISA-Werbung, in der ein junges Pärchen in der Wüste ist und sich fragt, was machen. Sie entscheiden sich fürs Kino und setzen sich eine Brille auf, gehen mit deren Hilfe ins Internet usw.
Jetzt Frage: Wie machen die das bloß?????
Ganz einfach: Mit Hilfe des "visual display systems" von Microvision. Man setze sich die Brille auf, mit Hilfe eines Lasers wird auf die Netzhaut des Auges ein visuelles Bild projeziert, welches einem so erscheint, als würde man es in Guter Rat an alle: Macht Euch die Mühe, recherchiert ein wenig über MVIS, übersetzt die letzten News und macht Euch Gedanken, worum es sich hier handelt.
1 m Entfernung sehen.
Es ist schon erprobt, die Technik ist keine Utopie, es funktioniert!
Frage: Wie komme ich besser ins Internet?
a) mit Hilfe meines Handys, auf dem ich ein Display a 5cmx5cm habe (s.o.)?
b) mit Hilfe einer Brille, die mir ein Bild liefert, das ich so groß haben kann wie ich will (visual display)
Andere Frage: Wie selbstverständlich ist heute das Internet, wer hat daran vor 8 Jahren geglaubt?
Der unaufhaltsame Trend geht dorthin, überall erreichbar zu sein, Informationen abzurufen bzw. zu senden usw. Eine Komponente, die gelöst werden muß und bei der Microvision einen sensationellen Lösungsansatz hat ist deren "vds".
Guter Rat an alle: Macht Euch die Mühe, recherchiert ein wenig über MVIS, übersetzt die letzten News und macht Euch Gedanken, worum es sich hier handelt. Für alle Anleger mit visionärem Gedankengut ist dies hier ein sehr interessanter wert....
mfG Michael_III
Microvision (MVIS / NASDAQ) , Wkn 904586
Market Capitalization $553.2M
Shares Outstanding 9.88M
Float 7.70M
52-Week Low on 12-Oct-1999 $12.50
52-Week Highon 20-Mar-2000 $68.50
www.mvis.com
fundamentals unter www.yahoo.com (business)
Microvision stellt Technologien her, welche Bilder und Informationen direkt auf das menschliche Auge projizieren.. das ist sensationell!!! Im übrigen keine Gefahr für das menschliche Auge, näheres zur Technik auf deren Homepage www.mvis.com
Klar, alle sprechen von Minicomputern oder internetfähigen Handys....aber wer von euch hat lust, sich die augen zu verderben, indem er auf einem handydisplay kurse abruft oder sonstwie im netzt surft??...die lösung ist viel einfacher. mit microvisions technologien kann man das bild direkt im auge enstehen lassen. die einsatzgebiete sind unerschöpflich: zb in der medizin... dadurch, daß die reale welt immer noch völlig klar wahrgenommen werden kann, bekommen ärzte die möglichkeit, patientendaten direkt während der operation eingeblendet zu bekommen. Auch in Cockpits von Boeing wird der Einsatz getestet.Der Siegeszug von MVIS hat begonnen und kann nicht mehr aufgehalten werden. Dieses "visual display system" hat jetzt schon Marktreife im Militärwesen (die kaufen immer überteuert ein), im medizinischen Bereich und in der Industrie. Im Sinne der Automatisierung in der Industrie wird das "vds" unersätzlich. Ich habe schon ein klares Bild von dem, wie ein Arbeiter / Facharbeiter in einer automatisierten Produktionsstätte rumläuft (eben total vernetzt mit "vds"-Brille).
Ferner ist noch ein ganz dicker Happen "drin", welcher bisher noch nicht jedem bewußt ist (siehe VISA-Werbung): die breite Masse der Bevölkerung. Das vds wird in 2 bis 3 Jahren in Form einer modisch eleganten Sonnenbrille (in vielen Variationen) den selben Siegeszug starten wie es das Handy gemacht hat. Ich kann dann rumlaufen und jeder Zeit ins Internet, face-to-face mit jmd kommunizieren usw. Das Problem bisher war ja gerade das Display. Ich finde es geradezu peinlich, via Handydisplay ins internet zu gehen. Das mag eine "Lösung" für die nächste Zeit sein, aber was dann kommt wissen wir ja.
VISA-Werbung
Kennt ihr die VISA-Werbung, in der ein junges Pärchen in der Wüste ist und sich fragt, was machen. Sie entscheiden sich fürs Kino und setzen sich eine Brille auf, gehen mit deren Hilfe ins Internet usw.
Jetzt Frage: Wie machen die das bloß?????
Ganz einfach: Mit Hilfe des "visual display systems" von Microvision. Man setze sich die Brille auf, mit Hilfe eines Lasers wird auf die Netzhaut des Auges ein visuelles Bild projeziert, welches einem so erscheint, als würde man es in Guter Rat an alle: Macht Euch die Mühe, recherchiert ein wenig über MVIS, übersetzt die letzten News und macht Euch Gedanken, worum es sich hier handelt.
1 m Entfernung sehen.
Es ist schon erprobt, die Technik ist keine Utopie, es funktioniert!
Frage: Wie komme ich besser ins Internet?
a) mit Hilfe meines Handys, auf dem ich ein Display a 5cmx5cm habe (s.o.)?
b) mit Hilfe einer Brille, die mir ein Bild liefert, das ich so groß haben kann wie ich will (visual display)
Andere Frage: Wie selbstverständlich ist heute das Internet, wer hat daran vor 8 Jahren geglaubt?
Der unaufhaltsame Trend geht dorthin, überall erreichbar zu sein, Informationen abzurufen bzw. zu senden usw. Eine Komponente, die gelöst werden muß und bei der Microvision einen sensationellen Lösungsansatz hat ist deren "vds".
Guter Rat an alle: Macht Euch die Mühe, recherchiert ein wenig über MVIS, übersetzt die letzten News und macht Euch Gedanken, worum es sich hier handelt. Für alle Anleger mit visionärem Gedankengut ist dies hier ein sehr interessanter wert....
mfG Michael_III
Morgen!
Hier nochmal "Interessantes" vom 20.3.00
BOTHELL, Wash., March 20 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS)
announced today that Cree, Inc. (Nasdaq: CREE) and General Electric Pension
Trust (GEPT) have agreed to invest $25 million to accelerate development of
Microvision`s retinal scanning display solutions for integration into mobile
handsets and mobile headsets targeted at the rapidly emerging wireless
Internet market.
By 2004, more end-users will access the Internet via handheld mobile
terminals than wireline connections, according to the ARC Group, a leading
provider of wireless market data. Of the projected 1 billion Internet
subscribers, 750 million will use mobile terminals. While most analysts agree
that the convergence of wireless communications and the Internet will create
huge demand for new kinds of mobile terminal technology, one of the most
frequently cited concerns is the small size of the displays planned for these
portable devices. Microvision`s retinal scanning display solves this problem
by vibrating a silicon-based micro-mirror to scan a low power beam of light
across the viewer`s eye, creating the effect of viewing a full-sized
high-resolution computer monitor. The mobile terminals envisioned by
Microvision can be configured as handheld devices that will scan the beam
through a small lens to be positioned around 3 to 4 inches from the eye, or as
a lightweight wearable display connected to a wireless transceiver.
Bill Bragin, Vice President of GE Investment Corporation, said "We believe
that mobile Internet presents an opportunity as a major growth market for new
kinds of communication devices. The quality and perceived size of the
displayed image will directly impact the usage of mobile data services, and
Microvision`s retinal scanning display technology will help accelerate the
growth of this exciting market."
Neal Hunter, Chairman and CEO of Cree, stated "We`ve enjoyed an excellent
working relationship with Microvision and continue to make progress in
developing light sources for the company`s scanned-beam displays. We`re keenly
aware of the demand for greater display functionality that is anticipated as
mobile Internet becomes a reality. We believe that development of
Microvision`s retinal scanning microdisplay along with our light sources will
provide superior functionality than currently exists."
Rick Rutkowski, Microvision President and CEO, said "We`re delighted to be
reinforcing our collaboration with Cree, and we welcome GEPT -- who has been a
significant shareholder in Cree for a number of years -- as a new investor in
Microvision. It is the right time to move aggressively to deliver a display
solution that is uniquely suited to the performance and cost requirements for
mobile Internet devices, and Microvision enjoys the technical momentum and
financial strength to do so."
As part of the development effort, Microvision and Cree will augment their
ongoing work to develop high brightness LEDs for integration with
Microvision`s proprietary MEMS (micro electromechanical systems) optical
scanner technology to enable low-cost, high-resolution displays for mobile
devices.
Microvision has elected to extend its existing research contract with Cree
into 2001, and has committed an additional $7.5 million to the project through
May of 2002. Microvision`s contract with Cree will also continue to focus on
the development of blue and green semiconductor lasers for display and imaging
applications that require higher power light sources.
Microvision confirmed that each partner would purchase $12.5 million of
Microvision common stock at $50 per share for a total of $25 million. The
transaction will be completed upon effectiveness of a registration statement
to be filed by the company. The transaction contains a provision that would
allow the purchase price to be reset at closing in the event that the
volume-weighted average for the 25 days preceding effectiveness is below
$50. In no event would the price be less than $45 per share.
Dazu muß man nicht viel sagen, die Technik setzt sich durch.
mfG Michael_III
Hier nochmal "Interessantes" vom 20.3.00
BOTHELL, Wash., March 20 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS)
announced today that Cree, Inc. (Nasdaq: CREE) and General Electric Pension
Trust (GEPT) have agreed to invest $25 million to accelerate development of
Microvision`s retinal scanning display solutions for integration into mobile
handsets and mobile headsets targeted at the rapidly emerging wireless
Internet market.
By 2004, more end-users will access the Internet via handheld mobile
terminals than wireline connections, according to the ARC Group, a leading
provider of wireless market data. Of the projected 1 billion Internet
subscribers, 750 million will use mobile terminals. While most analysts agree
that the convergence of wireless communications and the Internet will create
huge demand for new kinds of mobile terminal technology, one of the most
frequently cited concerns is the small size of the displays planned for these
portable devices. Microvision`s retinal scanning display solves this problem
by vibrating a silicon-based micro-mirror to scan a low power beam of light
across the viewer`s eye, creating the effect of viewing a full-sized
high-resolution computer monitor. The mobile terminals envisioned by
Microvision can be configured as handheld devices that will scan the beam
through a small lens to be positioned around 3 to 4 inches from the eye, or as
a lightweight wearable display connected to a wireless transceiver.
Bill Bragin, Vice President of GE Investment Corporation, said "We believe
that mobile Internet presents an opportunity as a major growth market for new
kinds of communication devices. The quality and perceived size of the
displayed image will directly impact the usage of mobile data services, and
Microvision`s retinal scanning display technology will help accelerate the
growth of this exciting market."
Neal Hunter, Chairman and CEO of Cree, stated "We`ve enjoyed an excellent
working relationship with Microvision and continue to make progress in
developing light sources for the company`s scanned-beam displays. We`re keenly
aware of the demand for greater display functionality that is anticipated as
mobile Internet becomes a reality. We believe that development of
Microvision`s retinal scanning microdisplay along with our light sources will
provide superior functionality than currently exists."
Rick Rutkowski, Microvision President and CEO, said "We`re delighted to be
reinforcing our collaboration with Cree, and we welcome GEPT -- who has been a
significant shareholder in Cree for a number of years -- as a new investor in
Microvision. It is the right time to move aggressively to deliver a display
solution that is uniquely suited to the performance and cost requirements for
mobile Internet devices, and Microvision enjoys the technical momentum and
financial strength to do so."
As part of the development effort, Microvision and Cree will augment their
ongoing work to develop high brightness LEDs for integration with
Microvision`s proprietary MEMS (micro electromechanical systems) optical
scanner technology to enable low-cost, high-resolution displays for mobile
devices.
Microvision has elected to extend its existing research contract with Cree
into 2001, and has committed an additional $7.5 million to the project through
May of 2002. Microvision`s contract with Cree will also continue to focus on
the development of blue and green semiconductor lasers for display and imaging
applications that require higher power light sources.
Microvision confirmed that each partner would purchase $12.5 million of
Microvision common stock at $50 per share for a total of $25 million. The
transaction will be completed upon effectiveness of a registration statement
to be filed by the company. The transaction contains a provision that would
allow the purchase price to be reset at closing in the event that the
volume-weighted average for the 25 days preceding effectiveness is below
$50. In no event would the price be less than $45 per share.
Dazu muß man nicht viel sagen, die Technik setzt sich durch.
mfG Michael_III
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
hallo visionäre!
Microvision to Close Investment from Cree and General Electric Pension Trust at $50 Per Share
BOTHELL, Wash., Apr 11, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) announced today that the company will close tomorrow on a
recently announced $25 million investment from Cree, Inc. (Nasdaq: CREE) and
General Electric Pension Trust (GEPT). The investment is aimed at accelerating
development of Microvision`s retinal scanning display solutions for integration
into mobile handsets and mobile headsets targeted at the rapidly emerging
wireless Internet market.
The transaction is being completed, according to its terms, following the
effectiveness on Friday April 7, of an S-3 registration statement covering the
shares.
As a result, each partner will purchase 250 shares of Microvision common stock,
at $50 per share for a total of $25 million. Terms of the transaction contained
a provision for a possible adjustment (below $50) of the price upon
effectiveness of a registration statement. Since the pricing formula is based on
the volume-weighted average for the 25 days preceding effectiveness, the
effectiveness of the registration statement on Friday eliminated the potential
for such a reset.
mfG Michael_III
Microvision to Close Investment from Cree and General Electric Pension Trust at $50 Per Share
BOTHELL, Wash., Apr 11, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) announced today that the company will close tomorrow on a
recently announced $25 million investment from Cree, Inc. (Nasdaq: CREE) and
General Electric Pension Trust (GEPT). The investment is aimed at accelerating
development of Microvision`s retinal scanning display solutions for integration
into mobile handsets and mobile headsets targeted at the rapidly emerging
wireless Internet market.
The transaction is being completed, according to its terms, following the
effectiveness on Friday April 7, of an S-3 registration statement covering the
shares.
As a result, each partner will purchase 250 shares of Microvision common stock,
at $50 per share for a total of $25 million. Terms of the transaction contained
a provision for a possible adjustment (below $50) of the price upon
effectiveness of a registration statement. Since the pricing formula is based on
the volume-weighted average for the 25 days preceding effectiveness, the
effectiveness of the registration statement on Friday eliminated the potential
for such a reset.
mfG Michael_III
C O R R E C T I O N -- Microvision, Inc./
In SFTU065, Microvision (Nasdaq: MVIS) to Close Investment from Cree and General
Electric Pension Trust at $50 Per Share, moved earlier today, we are advised by
the company that the third graph, first line should read "As a result, each
partner will purchase 250,000 shares of Microvision common stock, at $50 per
share for a total of $25 million," rather than "As a result, each partner will
purchase 250 shares of Microvision common stock, at $50 per share for a total of
$25 million." as originally issued.
250 shares wären ja auch lächerlich gewesen
mfG Michael_III
ps. mein Tipp: Bodenbildung abwarten und dann günstig erste kleinere Positionen aufbauen. Erster Widerstand bei 35$, sehr starker Widerstand bei 30$. Die Aktie ist arg verprügelt worden, deshalb handelt es sich aber nicht um ein schlechtes Unternehmen. Man muß sich aber die Mühe machen und mit der Sache beschäftigen.
In SFTU065, Microvision (Nasdaq: MVIS) to Close Investment from Cree and General
Electric Pension Trust at $50 Per Share, moved earlier today, we are advised by
the company that the third graph, first line should read "As a result, each
partner will purchase 250,000 shares of Microvision common stock, at $50 per
share for a total of $25 million," rather than "As a result, each partner will
purchase 250 shares of Microvision common stock, at $50 per share for a total of
$25 million." as originally issued.
250 shares wären ja auch lächerlich gewesen
mfG Michael_III
ps. mein Tipp: Bodenbildung abwarten und dann günstig erste kleinere Positionen aufbauen. Erster Widerstand bei 35$, sehr starker Widerstand bei 30$. Die Aktie ist arg verprügelt worden, deshalb handelt es sich aber nicht um ein schlechtes Unternehmen. Man muß sich aber die Mühe machen und mit der Sache beschäftigen.
Microvision Receives $7.5 Million From Exercise of Option Company`s Working Capital Tops $60 Million
BOTHELL, Wash., Apr 18, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) announced today that the company has received $7.5 million from
Capital Venture International following the exercise of an option to acquire
418,848 shares of common stock. The option was part of a private placement
completed in April of 1999.
The announcement follows the closing last week, of a $25.0 million dollar
investment by Cree (Nasdaq: CREE) and General Electric Pension Trust (GEPT).
"The company is in its strongest financial position ever," announced Rick
Rutkowski, Microvision president and chief executive officer. "Our March 31
balance sheet will show in the neighborhood of $30 million in working capital
(comprised predominantly of cash and short-term investments). The additional
funds will bring working capital over the $60 million mark.
"This level of funding allows us to remain on course with the development and
marketing of our wearable display products, and to accelerate development of
additional display products to target very large market opportunities in areas
such as mobile internet, and projection monitors for personal computing.
"In addition, while scanning display technology remains the primary driver of
our business, during the last year our increased investment in optical
micromachines (MEMS) technology has yielded some of the world`s highest
performance micro-scanning technology. We believe that the high-performance, low
cost and small size of our scanning systems combine to enable unique and
compelling product opportunities with strong growth potential across a broad
range of imaging applications in areas such as automated I.D. (`bar-code
scanning`) and machine vision.
"Due to our unprecedented financial strength, we can now selectively make
investments in areas that we believe may have outstanding growth potential with
the objective of enhancing growth potential and shareholder value."
products to target very large market opportunities in areas
such as mobile internet, and projection monitors for personal computing.
Mobile Internet! Damit wird JEDER in 2 Jahren rumlaufen, was denkt ihr warum MVIS so einfach an Kapital kommt? Jeder Investor bekommt feuchte Augen bei dem was kommen wird. Microvision ist jetzt in einer finanziell ausgezeichneten Position, um DER blue chip im Bereich visual display system zu bleiben. Die Brille wird Realität - VISA-Werbung läßt grüßen.... Das vds von MVIS wird demnächst nebenher noch Standard bei den PCs. Kooperationen mit IBM, DELL usw.
Ach ja, MVIS momentan +28%, vom Top 68 ist`s aber noch ein Stückchen. Wir werden es aber in 2 Monaten sehen, bis Jahresende wird der Kurs sich im gefestigten 3stelligen Bereich befinden. Wer jetzt nicht zuschlägt ist selber Schul. Man kann sich auch spekulative Internetwerte zulegen, die zu 75% alle pleite gehen oder sich mit dem Marktführer einer bahnbrechenden Technologie eindecken.
mfG M_III
BOTHELL, Wash., Apr 18, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) announced today that the company has received $7.5 million from
Capital Venture International following the exercise of an option to acquire
418,848 shares of common stock. The option was part of a private placement
completed in April of 1999.
The announcement follows the closing last week, of a $25.0 million dollar
investment by Cree (Nasdaq: CREE) and General Electric Pension Trust (GEPT).
"The company is in its strongest financial position ever," announced Rick
Rutkowski, Microvision president and chief executive officer. "Our March 31
balance sheet will show in the neighborhood of $30 million in working capital
(comprised predominantly of cash and short-term investments). The additional
funds will bring working capital over the $60 million mark.
"This level of funding allows us to remain on course with the development and
marketing of our wearable display products, and to accelerate development of
additional display products to target very large market opportunities in areas
such as mobile internet, and projection monitors for personal computing.
"In addition, while scanning display technology remains the primary driver of
our business, during the last year our increased investment in optical
micromachines (MEMS) technology has yielded some of the world`s highest
performance micro-scanning technology. We believe that the high-performance, low
cost and small size of our scanning systems combine to enable unique and
compelling product opportunities with strong growth potential across a broad
range of imaging applications in areas such as automated I.D. (`bar-code
scanning`) and machine vision.
"Due to our unprecedented financial strength, we can now selectively make
investments in areas that we believe may have outstanding growth potential with
the objective of enhancing growth potential and shareholder value."
products to target very large market opportunities in areas
such as mobile internet, and projection monitors for personal computing.
Mobile Internet! Damit wird JEDER in 2 Jahren rumlaufen, was denkt ihr warum MVIS so einfach an Kapital kommt? Jeder Investor bekommt feuchte Augen bei dem was kommen wird. Microvision ist jetzt in einer finanziell ausgezeichneten Position, um DER blue chip im Bereich visual display system zu bleiben. Die Brille wird Realität - VISA-Werbung läßt grüßen.... Das vds von MVIS wird demnächst nebenher noch Standard bei den PCs. Kooperationen mit IBM, DELL usw.
Ach ja, MVIS momentan +28%, vom Top 68 ist`s aber noch ein Stückchen. Wir werden es aber in 2 Monaten sehen, bis Jahresende wird der Kurs sich im gefestigten 3stelligen Bereich befinden. Wer jetzt nicht zuschlägt ist selber Schul. Man kann sich auch spekulative Internetwerte zulegen, die zu 75% alle pleite gehen oder sich mit dem Marktführer einer bahnbrechenden Technologie eindecken.
mfG M_III
Hi,
folgendes stand vor ein paar Tagen bei Bild der Wissenschaft:
Klobige Cyber-Brille ade, denn das Auge selbst könnte künftig zur Leinwand werden: Ein neuartiges Laser-System projiziert Monitorbilder detailgenau direkt auf die menschliche Netzhaut, berichten US-Forscher.
Die Wissenschaftler des Unternehmens Microvision in Bothell (Washington) entwickelten den so genannten Retinal Scanning Display (RSD), mit dem es bald möglich werden soll, ohne Bildschirm und dennoch im Fernsehformat über Internetseiten zu klicken.
Das Display funktioniert, indem Bildprojektoren aus einem brillenartigen Gestell mit extrem schwachen Laserstrahlen Grafiken in schnellen Pulsen auf die Netzhaut des Auges malen. Als Bildquelle kann eine Kamera oder ein Computer angeschlossen werden. Bildpunkt für Bildpunkt wird dann - ähnlich wie beim Fernsehen - in einzelnen Zeilen auf die biologische Leinwand übertragen.
Ein Prototyp des Verfahrens wird in diesem Jahr an der Universität Baylor (Texas) klinisch erprobt. Die Forscher versprechen sich davon Hilfe etwa für Ärzte: So könne ein Chirurg das Operationsfeld im Blick behalten und zugleich das Röntgenbild des Patienten einspielen.
Ist zwar nichts neues, aber je mehr in den Medien von der Firma zu hören ist um so besser.
Adios
Sun Tsu
folgendes stand vor ein paar Tagen bei Bild der Wissenschaft:
Klobige Cyber-Brille ade, denn das Auge selbst könnte künftig zur Leinwand werden: Ein neuartiges Laser-System projiziert Monitorbilder detailgenau direkt auf die menschliche Netzhaut, berichten US-Forscher.
Die Wissenschaftler des Unternehmens Microvision in Bothell (Washington) entwickelten den so genannten Retinal Scanning Display (RSD), mit dem es bald möglich werden soll, ohne Bildschirm und dennoch im Fernsehformat über Internetseiten zu klicken.
Das Display funktioniert, indem Bildprojektoren aus einem brillenartigen Gestell mit extrem schwachen Laserstrahlen Grafiken in schnellen Pulsen auf die Netzhaut des Auges malen. Als Bildquelle kann eine Kamera oder ein Computer angeschlossen werden. Bildpunkt für Bildpunkt wird dann - ähnlich wie beim Fernsehen - in einzelnen Zeilen auf die biologische Leinwand übertragen.
Ein Prototyp des Verfahrens wird in diesem Jahr an der Universität Baylor (Texas) klinisch erprobt. Die Forscher versprechen sich davon Hilfe etwa für Ärzte: So könne ein Chirurg das Operationsfeld im Blick behalten und zugleich das Röntgenbild des Patienten einspielen.
Ist zwar nichts neues, aber je mehr in den Medien von der Firma zu hören ist um so besser.
Adios
Sun Tsu
News May 09, 05:00 Eastern Time
Microvision Delivers Wearable Display System to Industrial Consortium Led By Siemens AG, ARVIKA Company`s Evaluation and Application Development Program Continues to Advance In the Marketplace
BOTHELL, Wash., May 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) the leader in retinal scanning display technology, today
announced the delivery of an advanced portable head-mounted display system to
ARVIKA, an international consortium led by Siemens AG. The delivery represents
the first industrial customer to sign up with Microvision. ARVIKA creates and
defines new ways of using information technology and distributed computing to
support productivity and quality gains in the automotive industry and other
industrial environments.
The deliveries were made for evaluation and application development as part of
the company`s market development program to prepare for commercial product
launch in the first half of 2001.
Microvision`s "see-thru," portable display is used to overlay computer generated
information over the real world while leaving the user`s hands free, and the
visual field virtually unobstructed. The display is fully daylight readable and
provides both greater functionality and improved workplace safety as compared to
previously available wearable displays.
Wolfgang Wohlgemuth, ARVIKA spokesperson commented, "Across factory floors,
assembly lines and field sites, automation and distributed computing are the
mantras of higher productivity.
"Portable see-through display technology like Microvision`s has the potential to
bring a rich array of image, text and symbology to millions of worker`s point of
task, enabling organizations to realize significant gains in precision,
productivity, safety and profitability.
"Our membership in ARVIKA (www.arvika.de), including 15 companies and 5 research
and development institutions, includes such leaders as Siemens AG, Ford Motor
Company, Volkswagen, Audi, and DaimlerChrysler and major machine tool suppliers
as ExCellO, DS-Technologie, Guhring, Huller-Hille, INDEX.
"We are very enthusiastic about evaluating Microvision`s display for a variety
of industrial manufacturing and maintenance applications. We have been a strong
advocate for advanced mobile communications in the industrial environment and
testing Microvision`s solution in real-life situations will be an important part
of completing their product`s final design. We see tremendous potential for this
type of visualization tool."
Microvision has completed the first build of 20 preliminary "beta" systems and
has begun to deliver them to selected customers and partners for field use and
application development. The company`s goal with this program is to target
application areas and partnering opportunities where there is potential to
develop significant follow-on demand and to create software applications that
could be adapted to a variety of medical, aviation and industrial procedures and
processes. Microvision`s first set of customers represents a mix of industrial,
medical and aviation-related market opportunities. Each customer will integrate
the Microvision display with application software to enable "augmented vision"
performance support for task-oriented environments.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented Retinal Scanning Display technology and a world leader in
microminiature optical scanning technology for display and imaging applications.
The company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
SOURCE Microvision, Inc.
(C) 2000 PR Newswire. All rights reserved.
Microvision Reports First Quarter 2000 Results
BOTHELL, Wash., May 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the three months ended March 31, 2000.
For the first quarter 2000, the company reported a net loss of $5.1 million or
$.48 per share compared to a net loss available for common shareholders of $3.2
million or $.51 per share for the first quarter 1999. The net loss for 1999
included a preferred stock charge of $1.1 million or $.18 per share. The
non-cash preferred stock charge was attributable to the sale of convertible
preferred stock during the first quarter of 1999. Revenues declined slightly to
$2.1 million in the first quarter of 2000 from $2.3 million in the first quarter
1999.
"The company continues to make strong progress towards our goal of being a
leader in the display and imaging industry," stated Rick Rutkowski, Microvision
president and chief executive officer. "We completed important development
phases on two key projects for the U.S. Army with excellent results, and
recently announced a contract modification adding $7.8 million -- our largest
development contract to date. We completed a beta production run of our first
wearable display product and have begun delivering the system to partners and
customers in medical and industrial markets. Early reaction to the system is
extremely positive, and we were very pleased to announce a co-marketing
arrangement with Xybernaut as part of our channel development strategy.
"Technical progress during the quarter in key areas of microscanning and light
source development has been outstanding with developments at both Xros and
Microvision contributing to the advancement of our micromirror technology,"
continued Rutkowski. "We renewed and increased our program effort with Cree in
order to provide light sources for a variety of display products including
products for the rapidly emerging mobile internet market, and we announced our
relationship with Gemfire that could enable laser-scanning projection displays
to meet demands for increasing performance in markets for desktop monitors and
television screens. Our strong balance sheet allows us the flexibility to make
greater investments in research and development in order to accelerate
development of display solutions for the mobile Internet applications. We are
now in a position to evaluate and act on new and exciting product opportunities
for non-display applications of our technology in the digital imaging domain.
Our objective continues to be to ensure the long-term strength of the company
and enhance its value for our shareholders."
The cash and investment securities balance for the company for the quarter ended
March 31, was $30.4 million. During the month of April, the company completed a
$25 million placement with Cree and General Electric Pension Trust and received
another $7.5 million from the exercise of an outstanding stock purchase warrant.
The added investment from Cree and General Electric Pension Trust is directed
towards accelerating the development of Microvision`s retinal scanning display
solutions for integration into mobile handsets and mobile headsets targeted at
the rapidly emerging wireless Internet market.
Investors will have the opportunity to listen to Microvision`s conference call
regarding First Quarter 2000 Earnings at 8:00 am PT over the Internet through
Investor Broadcast Networks` Vcall website, located at http://www.vcall.com . To
listen to the live call, please go to the web site at least fifteen minutes
early to register, download, and install any necessary audio software. For those
who cannot listen to the live broadcast, a replay will be available on the Vcall
site shortly after the call.
Fazit: zukunft glänzend, aufgrund zu erwartender schwacher Zahlen günstige Einkaufsgelegenheit.
MfG
Michael_III
Microvision Delivers Wearable Display System to Industrial Consortium Led By Siemens AG, ARVIKA Company`s Evaluation and Application Development Program Continues to Advance In the Marketplace
BOTHELL, Wash., May 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) the leader in retinal scanning display technology, today
announced the delivery of an advanced portable head-mounted display system to
ARVIKA, an international consortium led by Siemens AG. The delivery represents
the first industrial customer to sign up with Microvision. ARVIKA creates and
defines new ways of using information technology and distributed computing to
support productivity and quality gains in the automotive industry and other
industrial environments.
The deliveries were made for evaluation and application development as part of
the company`s market development program to prepare for commercial product
launch in the first half of 2001.
Microvision`s "see-thru," portable display is used to overlay computer generated
information over the real world while leaving the user`s hands free, and the
visual field virtually unobstructed. The display is fully daylight readable and
provides both greater functionality and improved workplace safety as compared to
previously available wearable displays.
Wolfgang Wohlgemuth, ARVIKA spokesperson commented, "Across factory floors,
assembly lines and field sites, automation and distributed computing are the
mantras of higher productivity.
"Portable see-through display technology like Microvision`s has the potential to
bring a rich array of image, text and symbology to millions of worker`s point of
task, enabling organizations to realize significant gains in precision,
productivity, safety and profitability.
"Our membership in ARVIKA (www.arvika.de), including 15 companies and 5 research
and development institutions, includes such leaders as Siemens AG, Ford Motor
Company, Volkswagen, Audi, and DaimlerChrysler and major machine tool suppliers
as ExCellO, DS-Technologie, Guhring, Huller-Hille, INDEX.
"We are very enthusiastic about evaluating Microvision`s display for a variety
of industrial manufacturing and maintenance applications. We have been a strong
advocate for advanced mobile communications in the industrial environment and
testing Microvision`s solution in real-life situations will be an important part
of completing their product`s final design. We see tremendous potential for this
type of visualization tool."
Microvision has completed the first build of 20 preliminary "beta" systems and
has begun to deliver them to selected customers and partners for field use and
application development. The company`s goal with this program is to target
application areas and partnering opportunities where there is potential to
develop significant follow-on demand and to create software applications that
could be adapted to a variety of medical, aviation and industrial procedures and
processes. Microvision`s first set of customers represents a mix of industrial,
medical and aviation-related market opportunities. Each customer will integrate
the Microvision display with application software to enable "augmented vision"
performance support for task-oriented environments.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented Retinal Scanning Display technology and a world leader in
microminiature optical scanning technology for display and imaging applications.
The company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
SOURCE Microvision, Inc.
(C) 2000 PR Newswire. All rights reserved.
Microvision Reports First Quarter 2000 Results
BOTHELL, Wash., May 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the three months ended March 31, 2000.
For the first quarter 2000, the company reported a net loss of $5.1 million or
$.48 per share compared to a net loss available for common shareholders of $3.2
million or $.51 per share for the first quarter 1999. The net loss for 1999
included a preferred stock charge of $1.1 million or $.18 per share. The
non-cash preferred stock charge was attributable to the sale of convertible
preferred stock during the first quarter of 1999. Revenues declined slightly to
$2.1 million in the first quarter of 2000 from $2.3 million in the first quarter
1999.
"The company continues to make strong progress towards our goal of being a
leader in the display and imaging industry," stated Rick Rutkowski, Microvision
president and chief executive officer. "We completed important development
phases on two key projects for the U.S. Army with excellent results, and
recently announced a contract modification adding $7.8 million -- our largest
development contract to date. We completed a beta production run of our first
wearable display product and have begun delivering the system to partners and
customers in medical and industrial markets. Early reaction to the system is
extremely positive, and we were very pleased to announce a co-marketing
arrangement with Xybernaut as part of our channel development strategy.
"Technical progress during the quarter in key areas of microscanning and light
source development has been outstanding with developments at both Xros and
Microvision contributing to the advancement of our micromirror technology,"
continued Rutkowski. "We renewed and increased our program effort with Cree in
order to provide light sources for a variety of display products including
products for the rapidly emerging mobile internet market, and we announced our
relationship with Gemfire that could enable laser-scanning projection displays
to meet demands for increasing performance in markets for desktop monitors and
television screens. Our strong balance sheet allows us the flexibility to make
greater investments in research and development in order to accelerate
development of display solutions for the mobile Internet applications. We are
now in a position to evaluate and act on new and exciting product opportunities
for non-display applications of our technology in the digital imaging domain.
Our objective continues to be to ensure the long-term strength of the company
and enhance its value for our shareholders."
The cash and investment securities balance for the company for the quarter ended
March 31, was $30.4 million. During the month of April, the company completed a
$25 million placement with Cree and General Electric Pension Trust and received
another $7.5 million from the exercise of an outstanding stock purchase warrant.
The added investment from Cree and General Electric Pension Trust is directed
towards accelerating the development of Microvision`s retinal scanning display
solutions for integration into mobile handsets and mobile headsets targeted at
the rapidly emerging wireless Internet market.
Investors will have the opportunity to listen to Microvision`s conference call
regarding First Quarter 2000 Earnings at 8:00 am PT over the Internet through
Investor Broadcast Networks` Vcall website, located at http://www.vcall.com . To
listen to the live call, please go to the web site at least fifteen minutes
early to register, download, and install any necessary audio software. For those
who cannot listen to the live broadcast, a replay will be available on the Vcall
site shortly after the call.
Fazit: zukunft glänzend, aufgrund zu erwartender schwacher Zahlen günstige Einkaufsgelegenheit.
MfG
Michael_III
Hi M_3!
Scheint hier nicht viele Visionäre zu geben...
Microvision ist jedenfalls seit einiger Zeit auf meiner Buy-List, genau wie Xybernaut, Nanophase und noch ein paar andere abgestürzte Werte. Mein Problem ist, dass ich mich nicht dazu durchringen kann, einen meiner anderen Werte zu verkaufen - sind mir schon richtig ans Herz gewachsen. ALIF ist dir ja auch bekannt...macht bei mir den größten Anteil im Depot aus. Überhaupt scheinen wir uns von der Anlagestrategie her sehr ähnlich zu sein - du hast mal was von Ballard Power gesagt, die habe ich seit Dezember auch im Portfolio liegen (habe einen Teil im Februar und März wieder verkauft). Ein anderer Zukunftsmarkt ist Wasser, auch wenn es sich erst mal recht unspektakulär anhört. Bin seit kurz nach der Emission bei Wedeco dabei, überlege derzeit aber, ob ich da nicht zugunsten eines der oben genannten Werte aussteigen sollte, weil Förtsch den Titel ziemlich breitgetreten (und mir einen schönen Kursgewinn beschert) hat.
Wäre nett, wenn wir hier eine kleine Diskussion über Technologien der Zukunft starten würden, ich halte nämlich einiges von dir als Anleger.
rgds, botokude
PS: Ein echter Geheimtipp ist PA Power Automation (deutsch)!!
Scheint hier nicht viele Visionäre zu geben...
Microvision ist jedenfalls seit einiger Zeit auf meiner Buy-List, genau wie Xybernaut, Nanophase und noch ein paar andere abgestürzte Werte. Mein Problem ist, dass ich mich nicht dazu durchringen kann, einen meiner anderen Werte zu verkaufen - sind mir schon richtig ans Herz gewachsen. ALIF ist dir ja auch bekannt...macht bei mir den größten Anteil im Depot aus. Überhaupt scheinen wir uns von der Anlagestrategie her sehr ähnlich zu sein - du hast mal was von Ballard Power gesagt, die habe ich seit Dezember auch im Portfolio liegen (habe einen Teil im Februar und März wieder verkauft). Ein anderer Zukunftsmarkt ist Wasser, auch wenn es sich erst mal recht unspektakulär anhört. Bin seit kurz nach der Emission bei Wedeco dabei, überlege derzeit aber, ob ich da nicht zugunsten eines der oben genannten Werte aussteigen sollte, weil Förtsch den Titel ziemlich breitgetreten (und mir einen schönen Kursgewinn beschert) hat.
Wäre nett, wenn wir hier eine kleine Diskussion über Technologien der Zukunft starten würden, ich halte nämlich einiges von dir als Anleger.
rgds, botokude
PS: Ein echter Geheimtipp ist PA Power Automation (deutsch)!!
Falls das irgendjemand noch nicht kennen sollte:
www.mvispages.com
Ich werde morgen übrigens mal eine erste Position aufbauen (auf Kredit).
botokude
www.mvispages.com
Ich werde morgen übrigens mal eine erste Position aufbauen (auf Kredit).
botokude
Microvision(R) Exhibits Full-Color, High-Resolution Wearable Display at National Aerospace Systems and Technology Conference
BOTHELL, Wash., May 15, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS) the leader in retinal scanning display technology, reported the
successful demonstration of a high-performance, high-resolution wearable display
to more than 700 attendees, including high-ranking civilian and military
officials, at the National Aerospace Systems and Technology Conference, May 9 -
11, at the Dayton Convention Center, Dayton, Ohio.
The conference was sponsored jointly by the Commanders of the United States Air
Force (USAF) Aeronautical Systems Center (ASC) and the Air Force Research
Laboratory (AFRL). The Air Force sponsored event highlighted the direction to
modernize the military for the new millennium and provided an opportunity for
government and industry to come together for a meaningful exchange of
requirements and business opportunities.
Microvision was invited to participate in the USAF exhibit to showcase their
development of an advanced full-color head-worn display that projects
full-color, high-resolution images onto the retina to create a virtual see-thru
image. Partial funding for the development of the featured wearable display was
provided by the research arm of the USAF thru Wright-Patterson Air Force Base in
a grant to the Wallace Kettering Neuroscience Institute, Dayton, Ohio, which is
currently evaluating the wearable display in clinical studies for use in
neurosurgical procedures.
According to Gary Peterson, Microvision Business Development Manager for Defense
and Aerospace, "Microvision`s full-color display was demonstrated to many
officials who play a significant role in technology procurement. We were
extremely pleased with the positive response from the attendees and believe that
Microvision is a serious and credible contender in the emerging marketplace for
next generation high-performance display technology. As we advance Microvision`s
technology from the lab to the marketplace, public demonstrations of our
technology have become an important validation element in our overall marketing
strategy, and we will aggressively be pursuing more public appearances to ensure
that we obtain maximum exposure with our target customers."
Supporting Microvision`s marketing efforts behind their portable display
platform, the company will be exhibiting and presenting at the 5th Annual
International Conference on Wearable Computing, sponsored by Xybernaut(R)
Corporation, May 16th and 17th at the Ritz Carlton in McLean, Virginia.
Microvision previously announced an agreement with Xybernaut to collaborate on
co-marketing a wearable-computing system featuring Microvision`s fully
daylight-readable and "see-through" virtual display to a common group of target
customers.
---------------------
Microvision Announces First Use of Retinal Scanning Display in Neurosurgery
BOTHELL, Wash., May 18, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) the leader in retinal scanning display technology, today reported
that surgeons at Kettering Medical Center`s Wallace Kettering Neuroscience
Institute (WKNI), Dayton, Ohio, completed their first "live" surgery on May
11th, incorporating Microvision`s headworn retinal scanning display.
Dr. Theodore W. Bernstein, Chief of Neurosurgery at WKNI, utilized the head-worn
retinal scanning display integrated with a fluoro-navigation image guided
surgery system to tap into place, confirm and verify, placements of pedicle
screws for a multi-level spinal fusion procedure.
Following the surgery, Dr. Bernstein commented, "our evaluation of the
Microvision display during this surgery confirmed that the display is very
helpful in visualizing the pathway and placement required for complex pedicle
screw insertions. Compared to the traditional display monitors used during
surgery, the Microvision display enables superior visualization to support the
procedure. We are very encouraged by the outstanding clarity of the display and
the continued potential for this type of visualization device in the surgical
suite and look forward to continuing our clinical studies."
The display used during the surgery was a high-resolution (SVGA), wearable, full
color, biocular display with full see-through capabilities. The display was
delivered to WKNI by Microvision just a few months ago as part of a product
development initiative co-funded by Carl Zeiss, Inc. and WKNI to design and test
wearable displays for multiple neurosurgical procedures.
Microvision`s product plans also include a monocular monochrome wearable display
that is currently in clinical evaluation with several medical customers. It is
anticipated that both displays will have application for a variety of
image-guided microsurgical procedures.
"This procedure was a milestone for Microvision and Kettering. We have both
worked very hard to design and prepare for these clinical trials, and while
there is more to do, the initial indications are that the display can be a very
powerful new tool for supporting pedicle screw emplacement," remarked
Microvision Product Manager, Mark Jahnsen. "Spinal surgery and pedicle screw
surgeries have grown in numbers in recent years and continue to be drivers for
the adoption of image-guided techniques and systems. We believe the medical
community is going to view our ongoing developments in this area with great
interest."
As part of a cooperative agreement with the Air Force Research Laboratory, WKNI
plans to continue clinical evaluations and application development for the
Microvision display in a variety of clinical and laboratory tests prior to
commercial use. Microvision continues to work with clinicians in a variety of
surgical fields, and is in active discussions with a variety of medical
instrumentation companies to support the next phase of clinical study and
product development.
--------------------
Video: Wearable Computing on the Brick of Consumer Reality
(ON24 via COMTEX)-- According to Microvision Product Manager Christine Thero,
acceptance will be quick in the consumer market, akin to walkmans and cell
phones. Thero feels that 25-30 percent of consumers will desire wearable
computing devices, wanting info anywhere at all times.
Speaker: Christine Thero, Product Manager, Microvision
Length: 2 minutes, 4 seconds.
For audio/video:
http://www.on24.com/vuwindow/scripts/vuwin.asp?ref=comt&id=24672&type=av" target="_blank" rel="nofollow ugc noopener">http://www.on24.com/vuwindow/scripts/vuwin.asp?ref=comt&id=24672&type=av
Company: Microvision, Inc.
(NASDAQ: MVIS)
ON24 brings online investors audio and video reports about breaking
business news. To see all of today`s news, and to create your free,
personalized email investor updates, visit http://www.on24.com.
Copyright(c) 2000, ON24, Inc.
BOTHELL, Wash., May 15, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS) the leader in retinal scanning display technology, reported the
successful demonstration of a high-performance, high-resolution wearable display
to more than 700 attendees, including high-ranking civilian and military
officials, at the National Aerospace Systems and Technology Conference, May 9 -
11, at the Dayton Convention Center, Dayton, Ohio.
The conference was sponsored jointly by the Commanders of the United States Air
Force (USAF) Aeronautical Systems Center (ASC) and the Air Force Research
Laboratory (AFRL). The Air Force sponsored event highlighted the direction to
modernize the military for the new millennium and provided an opportunity for
government and industry to come together for a meaningful exchange of
requirements and business opportunities.
Microvision was invited to participate in the USAF exhibit to showcase their
development of an advanced full-color head-worn display that projects
full-color, high-resolution images onto the retina to create a virtual see-thru
image. Partial funding for the development of the featured wearable display was
provided by the research arm of the USAF thru Wright-Patterson Air Force Base in
a grant to the Wallace Kettering Neuroscience Institute, Dayton, Ohio, which is
currently evaluating the wearable display in clinical studies for use in
neurosurgical procedures.
According to Gary Peterson, Microvision Business Development Manager for Defense
and Aerospace, "Microvision`s full-color display was demonstrated to many
officials who play a significant role in technology procurement. We were
extremely pleased with the positive response from the attendees and believe that
Microvision is a serious and credible contender in the emerging marketplace for
next generation high-performance display technology. As we advance Microvision`s
technology from the lab to the marketplace, public demonstrations of our
technology have become an important validation element in our overall marketing
strategy, and we will aggressively be pursuing more public appearances to ensure
that we obtain maximum exposure with our target customers."
Supporting Microvision`s marketing efforts behind their portable display
platform, the company will be exhibiting and presenting at the 5th Annual
International Conference on Wearable Computing, sponsored by Xybernaut(R)
Corporation, May 16th and 17th at the Ritz Carlton in McLean, Virginia.
Microvision previously announced an agreement with Xybernaut to collaborate on
co-marketing a wearable-computing system featuring Microvision`s fully
daylight-readable and "see-through" virtual display to a common group of target
customers.
---------------------
Microvision Announces First Use of Retinal Scanning Display in Neurosurgery
BOTHELL, Wash., May 18, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) the leader in retinal scanning display technology, today reported
that surgeons at Kettering Medical Center`s Wallace Kettering Neuroscience
Institute (WKNI), Dayton, Ohio, completed their first "live" surgery on May
11th, incorporating Microvision`s headworn retinal scanning display.
Dr. Theodore W. Bernstein, Chief of Neurosurgery at WKNI, utilized the head-worn
retinal scanning display integrated with a fluoro-navigation image guided
surgery system to tap into place, confirm and verify, placements of pedicle
screws for a multi-level spinal fusion procedure.
Following the surgery, Dr. Bernstein commented, "our evaluation of the
Microvision display during this surgery confirmed that the display is very
helpful in visualizing the pathway and placement required for complex pedicle
screw insertions. Compared to the traditional display monitors used during
surgery, the Microvision display enables superior visualization to support the
procedure. We are very encouraged by the outstanding clarity of the display and
the continued potential for this type of visualization device in the surgical
suite and look forward to continuing our clinical studies."
The display used during the surgery was a high-resolution (SVGA), wearable, full
color, biocular display with full see-through capabilities. The display was
delivered to WKNI by Microvision just a few months ago as part of a product
development initiative co-funded by Carl Zeiss, Inc. and WKNI to design and test
wearable displays for multiple neurosurgical procedures.
Microvision`s product plans also include a monocular monochrome wearable display
that is currently in clinical evaluation with several medical customers. It is
anticipated that both displays will have application for a variety of
image-guided microsurgical procedures.
"This procedure was a milestone for Microvision and Kettering. We have both
worked very hard to design and prepare for these clinical trials, and while
there is more to do, the initial indications are that the display can be a very
powerful new tool for supporting pedicle screw emplacement," remarked
Microvision Product Manager, Mark Jahnsen. "Spinal surgery and pedicle screw
surgeries have grown in numbers in recent years and continue to be drivers for
the adoption of image-guided techniques and systems. We believe the medical
community is going to view our ongoing developments in this area with great
interest."
As part of a cooperative agreement with the Air Force Research Laboratory, WKNI
plans to continue clinical evaluations and application development for the
Microvision display in a variety of clinical and laboratory tests prior to
commercial use. Microvision continues to work with clinicians in a variety of
surgical fields, and is in active discussions with a variety of medical
instrumentation companies to support the next phase of clinical study and
product development.
--------------------
Video: Wearable Computing on the Brick of Consumer Reality
(ON24 via COMTEX)-- According to Microvision Product Manager Christine Thero,
acceptance will be quick in the consumer market, akin to walkmans and cell
phones. Thero feels that 25-30 percent of consumers will desire wearable
computing devices, wanting info anywhere at all times.
Speaker: Christine Thero, Product Manager, Microvision
Length: 2 minutes, 4 seconds.
For audio/video:
http://www.on24.com/vuwindow/scripts/vuwin.asp?ref=comt&id=24672&type=av" target="_blank" rel="nofollow ugc noopener">http://www.on24.com/vuwindow/scripts/vuwin.asp?ref=comt&id=24672&type=av
Company: Microvision, Inc.
(NASDAQ: MVIS)
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Hallo botokude!
Wir sind durchaus von der Anlagestrategie her ähnlich, ach ja, auch der FCB scheint uns am Herzen zu liegen!
Ballard habe ich mit nettem Gewinn verkauft, da mir der Wert zu sehr gehypt schien. Momentan aber absolute Einstiegskurse.
Wasser ist DER Zukunftsmarkt, habe aber momentan auch nicht vor, einen meiner anderen werte zu verkaufen.
Ebenfalls interessant: Lightpath Tec, Opticom.
Microvision (ein Muß für jeden Visionär) zeigt durch seine Meldungen ganz deutlich, wohin die Reise geht. Das vermisse ich ein wenig bei ALIF, sollte aber in den nächsten Wochen sich ändern.
Da hier der Thread nicht sonderlich frequentiert ist, können wir uns ja mal via mail austauschen (michaeliii_@freerealtime.com)
Gruß
M_3
Wir sind durchaus von der Anlagestrategie her ähnlich, ach ja, auch der FCB scheint uns am Herzen zu liegen!
Ballard habe ich mit nettem Gewinn verkauft, da mir der Wert zu sehr gehypt schien. Momentan aber absolute Einstiegskurse.
Wasser ist DER Zukunftsmarkt, habe aber momentan auch nicht vor, einen meiner anderen werte zu verkaufen.
Ebenfalls interessant: Lightpath Tec, Opticom.
Microvision (ein Muß für jeden Visionär) zeigt durch seine Meldungen ganz deutlich, wohin die Reise geht. Das vermisse ich ein wenig bei ALIF, sollte aber in den nächsten Wochen sich ändern.
Da hier der Thread nicht sonderlich frequentiert ist, können wir uns ja mal via mail austauschen (michaeliii_@freerealtime.com)
Gruß
M_3
botokude!
correction: michael_iii@freerealtime.com
gruß M_3
correction: michael_iii@freerealtime.com
gruß M_3
Hallo Du der Du das liest
The Wall Street Transcript Publishes Money Manager Interview with Keith Sabol
NEW YORK, May 22, 2000 /PRNewswire via COMTEX/ -- Keith Sabol, Vice President
of Federated Investors examines portfolio management strategies in this timely
and deeply informative 5,400-word interview from The Wall Street Transcript
(212-952-7433) or http://www.twst.com/info/info101.htm.
In a valuable review of investing strategies, Sabol explains his approach to
managing money, gives his insights about the sector, explains his portfolio
composition, and offers specific stock recommendations.
Sabol describes his investment philosophy. "We view ourselves as world class
money managers applying a disciplined approach to deliver performance consistent
with the style benchmarks that you would apply to each particular fund. So if
you buy a small cap fund, that`s what you`re getting. If you buy an aggressive
growth fund, that`s what you`re getting. If you`re buying a value fund, that`s
what you`re getting. No surprises."
......
On Microvision (Nasdaq: MVIS), Sabol says, "these guys have an interesting
proprietary technology that enables them to project an image directly onto the
retina. The products are being sold currently to the medical industry, to the
doctors, basically, to help them perform surgeries. But the interesting thing
about this technology is that it gives you a very compact way to generate a
large, very high-resolution image."
Gruß
Michael
The Wall Street Transcript Publishes Money Manager Interview with Keith Sabol
NEW YORK, May 22, 2000 /PRNewswire via COMTEX/ -- Keith Sabol, Vice President
of Federated Investors examines portfolio management strategies in this timely
and deeply informative 5,400-word interview from The Wall Street Transcript
(212-952-7433) or http://www.twst.com/info/info101.htm.
In a valuable review of investing strategies, Sabol explains his approach to
managing money, gives his insights about the sector, explains his portfolio
composition, and offers specific stock recommendations.
Sabol describes his investment philosophy. "We view ourselves as world class
money managers applying a disciplined approach to deliver performance consistent
with the style benchmarks that you would apply to each particular fund. So if
you buy a small cap fund, that`s what you`re getting. If you buy an aggressive
growth fund, that`s what you`re getting. If you`re buying a value fund, that`s
what you`re getting. No surprises."
......
On Microvision (Nasdaq: MVIS), Sabol says, "these guys have an interesting
proprietary technology that enables them to project an image directly onto the
retina. The products are being sold currently to the medical industry, to the
doctors, basically, to help them perform surgeries. But the interesting thing
about this technology is that it gives you a very compact way to generate a
large, very high-resolution image."
Gruß
Michael
Microvision Teams With WRQ to Pursue Opportunities for Mobile Computing in Wireless LAN and WAN Markets Partnership Adds Back Office Connectivity to Microvision`s Wearable Display System Offering
BOTHELL, Wash., Jun 1, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS), developer of the revolutionary retinal scanning display (RSD)
technology, today announced it has signed a letter of intent with WRQ, Seattle,
WA, a world leader in PC software connectivity. The companies have agreed to
co-market mobile computing solutions featuring Microvision`s wearable display
products and WRQ`s NetMotion software to customers in aerospace and defense,
medical and industrial markets, that require secure access to server-based
information in mobile computing environments.
WRQ`s NetMotion is connectivity software for mobile devices that bridges the gap
between mobile workers and mission-critical corporate data on private networks.
NetMotion`s small client component is installed on the wireless device (a laptop
or wearable computer, for example), while the server component resides on a
Windows NT machine. Mobile users get reliable, secure sessions (web, e-mail,
file transfer, etc.) while they roam from one subnet of the private network to
another or move in and out of coverage. IT managers (using the server software)
keep track of what mobile devices are in use and who has access to services.
Microvision`s display system will be integrated with a variety of software
applications enhanced by NetMotion software to ensure the ability to support
mobile clients in enterprise network environments. Recently, Bank of America
predicted 400 million subscribers to wireless data by 2003. Many of these
wireless data users will be those who require the "hands free" visualization
offered by Microvision`s RSD technology.
Under the terms of the agreement, Microvision and WRQ will investigate mutually
beneficial joint marketing and selling activities into select prospect accounts.
Further, Microvision and WRQ will appoint appropriate business and technical
staff members to evaluate areas where limited product integration would allow
the companies to offer greater value to the end customer than would be possible
without such integration.
Chris Crane, general manager of the mobile access business unit at WRQ said,
"The value of WRQ`s NetMotion product is to ensure that mobile workers have a
secure and reliable means to access a variety of electronic data without the
worry of losing their network session and the associated information that they
require at their point of task. This rapidly growing market requires more unique
visualization solutions for the mobile worker to view all of this electronic
information, and in many instances to stay hands-free to support manual tasks.
Microvision`s solution addresses the limitations of current mobile displays by
providing the user with a powerful "see-through" capability in any lighted
environment. We believe their offering will be of great interest and value to
many customers."
Chris Thero, Microvision`s Product Manager for portable display systems
commented, "Partnering with systems and software providers is a central part of
Microvision`s strategy for marketing wearable display systems. In particular,
seamless and reliable wireless connectivity is a `must have` for many users to
take full advantage of mobile computing. As enterprise users gear up to provide
support for mobile workers and line workers, the ability to easily integrate
these new clients into existing networks using WRQ`s NetMotion software will
make adopting wearable computing (and wearable displays) a manageable and
compelling proposition. Microvision`s unique wearable display products will
provide WRQ with an expanded market opportunity that uniquely addresses their
customers needs for improved hands-free visualization."
About WRQ
WRQ develops and markets high-quality software and services that information
technology managers need to enable the e-business infrastructure in complex
environments. WRQ offers a comprehensive suite of solutions, including
award-winning terminal emulation, leading-edge enterprise application
integration, and end-to-end Web system management. The company`s wireless
technology improves the performance of mobile communications and extends
applications to wireless networks. WRQ solutions help IT specialists
consistently deliver the experience their customers expect. WRQ has been
recognized as one of the top 20 PC software companies in the United States for
the past seven years by Soft*Letter newsletter and is ranked among the top 30
companies to work for in the United States by Fortune magazine. Established in
1981, WRQ has offices throughout the world and distributes products in more than
50 countries through a worldwide distribution network. Additional information
can be found at the company`s Web site at http://www.wrq.com.
So, Kameraden! Jetzt sollte man Englisch können und lesen, was ansteht. Ich habe es ja gesagt (mobile computing, laptop usw.). Microvision ist uneinholbar in Sachen visual display. Eine andere Lösung des Display-Problems gibt es nicht.
Eine absolut hervorragende Unternehmensentwicklung.......
Irgendwelche pusher-Kursziele hat diese Aktie nicht nötig, jeder der ein quentchen Weitblick hat sieht was hier im Anmarsch ist...
Gruß
M_3
BOTHELL, Wash., Jun 1, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS), developer of the revolutionary retinal scanning display (RSD)
technology, today announced it has signed a letter of intent with WRQ, Seattle,
WA, a world leader in PC software connectivity. The companies have agreed to
co-market mobile computing solutions featuring Microvision`s wearable display
products and WRQ`s NetMotion software to customers in aerospace and defense,
medical and industrial markets, that require secure access to server-based
information in mobile computing environments.
WRQ`s NetMotion is connectivity software for mobile devices that bridges the gap
between mobile workers and mission-critical corporate data on private networks.
NetMotion`s small client component is installed on the wireless device (a laptop
or wearable computer, for example), while the server component resides on a
Windows NT machine. Mobile users get reliable, secure sessions (web, e-mail,
file transfer, etc.) while they roam from one subnet of the private network to
another or move in and out of coverage. IT managers (using the server software)
keep track of what mobile devices are in use and who has access to services.
Microvision`s display system will be integrated with a variety of software
applications enhanced by NetMotion software to ensure the ability to support
mobile clients in enterprise network environments. Recently, Bank of America
predicted 400 million subscribers to wireless data by 2003. Many of these
wireless data users will be those who require the "hands free" visualization
offered by Microvision`s RSD technology.
Under the terms of the agreement, Microvision and WRQ will investigate mutually
beneficial joint marketing and selling activities into select prospect accounts.
Further, Microvision and WRQ will appoint appropriate business and technical
staff members to evaluate areas where limited product integration would allow
the companies to offer greater value to the end customer than would be possible
without such integration.
Chris Crane, general manager of the mobile access business unit at WRQ said,
"The value of WRQ`s NetMotion product is to ensure that mobile workers have a
secure and reliable means to access a variety of electronic data without the
worry of losing their network session and the associated information that they
require at their point of task. This rapidly growing market requires more unique
visualization solutions for the mobile worker to view all of this electronic
information, and in many instances to stay hands-free to support manual tasks.
Microvision`s solution addresses the limitations of current mobile displays by
providing the user with a powerful "see-through" capability in any lighted
environment. We believe their offering will be of great interest and value to
many customers."
Chris Thero, Microvision`s Product Manager for portable display systems
commented, "Partnering with systems and software providers is a central part of
Microvision`s strategy for marketing wearable display systems. In particular,
seamless and reliable wireless connectivity is a `must have` for many users to
take full advantage of mobile computing. As enterprise users gear up to provide
support for mobile workers and line workers, the ability to easily integrate
these new clients into existing networks using WRQ`s NetMotion software will
make adopting wearable computing (and wearable displays) a manageable and
compelling proposition. Microvision`s unique wearable display products will
provide WRQ with an expanded market opportunity that uniquely addresses their
customers needs for improved hands-free visualization."
About WRQ
WRQ develops and markets high-quality software and services that information
technology managers need to enable the e-business infrastructure in complex
environments. WRQ offers a comprehensive suite of solutions, including
award-winning terminal emulation, leading-edge enterprise application
integration, and end-to-end Web system management. The company`s wireless
technology improves the performance of mobile communications and extends
applications to wireless networks. WRQ solutions help IT specialists
consistently deliver the experience their customers expect. WRQ has been
recognized as one of the top 20 PC software companies in the United States for
the past seven years by Soft*Letter newsletter and is ranked among the top 30
companies to work for in the United States by Fortune magazine. Established in
1981, WRQ has offices throughout the world and distributes products in more than
50 countries through a worldwide distribution network. Additional information
can be found at the company`s Web site at http://www.wrq.com.
So, Kameraden! Jetzt sollte man Englisch können und lesen, was ansteht. Ich habe es ja gesagt (mobile computing, laptop usw.). Microvision ist uneinholbar in Sachen visual display. Eine andere Lösung des Display-Problems gibt es nicht.
Eine absolut hervorragende Unternehmensentwicklung.......
Irgendwelche pusher-Kursziele hat diese Aktie nicht nötig, jeder der ein quentchen Weitblick hat sieht was hier im Anmarsch ist...
Gruß
M_3
Nochmal:
Die firma geht in einem atemberaubendem Tempo vorwärts. Ich denke, so wie ericsson die Netz-Infrastruktur für UMTS liefert, wird Microvision ab 2002, 2003 das visual display system marktgerecht (elegante Brille) als Massenprodukt für jeden, der unterwegs mobil sein will und nicht auf ein lächerliches Handydisplay zurückgreifen will, ausliefern können. Wie beim Handy wird der Preis anfangs etwas höher sein, es wird aber sehr schnell gehen bis das vds für jeden standard ist wie heute das Handy. UMTS und visual display system sind für mich eine logische und fantastische Verbindung.
Die firma geht in einem atemberaubendem Tempo vorwärts. Ich denke, so wie ericsson die Netz-Infrastruktur für UMTS liefert, wird Microvision ab 2002, 2003 das visual display system marktgerecht (elegante Brille) als Massenprodukt für jeden, der unterwegs mobil sein will und nicht auf ein lächerliches Handydisplay zurückgreifen will, ausliefern können. Wie beim Handy wird der Preis anfangs etwas höher sein, es wird aber sehr schnell gehen bis das vds für jeden standard ist wie heute das Handy. UMTS und visual display system sind für mich eine logische und fantastische Verbindung.
Ist Microvision klarer Technologiemarktführer auf dem Gebiet oder gibt es noch nennenswerte Konkurrenz??
Microvision IST klarer Technologiemarktführer auf dem Gebiet. Sie sind konkurrenzlos. Zum visual display system gibt es keine Alternative. Das Marktvolumen für vds wird allein in den USA für 2002 mit 10 Mrd.$ geschätzt. Tendenz steigend......
Gruß
Michael
Gruß
Michael
Woher hast du die Schätzungen über das Marktvolumen?
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
Auch in der Automobilbranche könnte das vds zum Einsatz kommen (Navigationshilfe, Boardcomputer). Man kann sich während des Fahrens ein Bild aufs Auge projezieren, ohne den Überblick auf der Straße zu verlieren.
Man sieht, welches Potential hinter dem vds steckt. Microvision als Marktführer wird dem Produzieren gar nicht mehr hinterher kommen können und a.V.n. teuerste Lizenzen verscherbeln. Gut möglich das dann ein Großunternehmen zuschlägt. kürzlich schloß man ja einen Kooperationsvertrag mit der Siemens AG ab.......
Gruß
M_III
Man sieht, welches Potential hinter dem vds steckt. Microvision als Marktführer wird dem Produzieren gar nicht mehr hinterher kommen können und a.V.n. teuerste Lizenzen verscherbeln. Gut möglich das dann ein Großunternehmen zuschlägt. kürzlich schloß man ja einen Kooperationsvertrag mit der Siemens AG ab.......
Gruß
M_III
For4, microvision wird in Berlin und Frankfurt gehandelt. Bei Order unbedingt limitieren.
Hallo Michael III,
MVIS macht Verlust in Höhe $ - 1,52 pro Aktie !
Das sind ca. $ 9,3 Mio/Jahr!
siehe nasdaq.com
Für mein Verständnis is das zu viel!
Eventuell solltest Du auch fundamentale Zahlen bei Deinen Postings beachten!
Ein Schelm, wer Böses dabei denkt?
Wieviel hast Du von MVIS ?
Eine XYBR könnte Dich sicher früher zum Ziel bringen !
Xybernauty
MVIS macht Verlust in Höhe $ - 1,52 pro Aktie !
Das sind ca. $ 9,3 Mio/Jahr!
siehe nasdaq.com
Für mein Verständnis is das zu viel!
Eventuell solltest Du auch fundamentale Zahlen bei Deinen Postings beachten!
Ein Schelm, wer Böses dabei denkt?
Wieviel hast Du von MVIS ?
Eine XYBR könnte Dich sicher früher zum Ziel bringen !
Xybernauty
Hallo xybernauty,
was ist genau XYBR für ein Unternehmen.
Zu MVIS - du darfst nicht nur den aktuellen Verlust in Betracht ziehen. Sollte sich die Technologie durchsetzen, ist die ein Multimilliardenmarkt. Laut Onvista ist für 2003 das Erreichen der Gewinnzone geplant.
For4
was ist genau XYBR für ein Unternehmen.
Zu MVIS - du darfst nicht nur den aktuellen Verlust in Betracht ziehen. Sollte sich die Technologie durchsetzen, ist die ein Multimilliardenmarkt. Laut Onvista ist für 2003 das Erreichen der Gewinnzone geplant.
For4
Hallo xybernauty!
Die Verluste sind mir hinlänglich bekannt, halten sich aber dennoch in Grenzen. Das vds ist aber mittlerweile im Einsatz und ist aus meiner Sicht die einzige Alternative zur Lösung des Displayproblems. Sicher wirst auch Du zustimmen, dass augenschmerzende Handydisplays bzw. koffermäßige Laptopdisplays einer Lösung bedarf, und die hat nur Microvision. Das Marktpotential ist so gigantisch, MVIS ist unangefochtener Marktführer, hat hervorragende Kooperationen, eine solide Finanzbasis, eine klare Strategie, es überwiegen einfach die Chancen. Ganz klar, man muß sich mit der Technik befassen und eine gewisse Vorstellung der Zukunft haben; ein Stück weit Glauben gehört dazu. Die Unternehmensentwicklung spricht aber eine klare Sprache.
Klar, MVIS ist wie jeder High-Tec ein spekulatives Investment, ist auch mir bewußt. Genauso ist XYBR, die ich seit über 2 Monaten auf meiner watchlist habe. Schau Dir mal die in D gehandelten Stückzahlen an, es wäre wohl leicht Zeitverschwendung den Wert zu pushen, der Kurs wird mit anderen Stückzahlen in den Staaten gemacht. Ich bin eben ein Visionär und etwas verliebt in den Wert, weil er mich einfach fasziniert. Habe eben auch ein wenig recherchiert....
Gruß
M_III
Die Verluste sind mir hinlänglich bekannt, halten sich aber dennoch in Grenzen. Das vds ist aber mittlerweile im Einsatz und ist aus meiner Sicht die einzige Alternative zur Lösung des Displayproblems. Sicher wirst auch Du zustimmen, dass augenschmerzende Handydisplays bzw. koffermäßige Laptopdisplays einer Lösung bedarf, und die hat nur Microvision. Das Marktpotential ist so gigantisch, MVIS ist unangefochtener Marktführer, hat hervorragende Kooperationen, eine solide Finanzbasis, eine klare Strategie, es überwiegen einfach die Chancen. Ganz klar, man muß sich mit der Technik befassen und eine gewisse Vorstellung der Zukunft haben; ein Stück weit Glauben gehört dazu. Die Unternehmensentwicklung spricht aber eine klare Sprache.
Klar, MVIS ist wie jeder High-Tec ein spekulatives Investment, ist auch mir bewußt. Genauso ist XYBR, die ich seit über 2 Monaten auf meiner watchlist habe. Schau Dir mal die in D gehandelten Stückzahlen an, es wäre wohl leicht Zeitverschwendung den Wert zu pushen, der Kurs wird mit anderen Stückzahlen in den Staaten gemacht. Ich bin eben ein Visionär und etwas verliebt in den Wert, weil er mich einfach fasziniert. Habe eben auch ein wenig recherchiert....
Gruß
M_III
Hallo Michael_III,
du scheinst dich ja wirklich gut über MVIS auszukennen. Habe mich jetzt ebenfalls eingedeckt. Setzt sich die Technik durch haben wir spektakuläre Gewinne zu erwarten. Weißt du, ob es schon Kooperationsabkommen mit Handyherstellern gibt?
Danke
For4
du scheinst dich ja wirklich gut über MVIS auszukennen. Habe mich jetzt ebenfalls eingedeckt. Setzt sich die Technik durch haben wir spektakuläre Gewinne zu erwarten. Weißt du, ob es schon Kooperationsabkommen mit Handyherstellern gibt?
Danke
For4
Was ich gerade noch vergessen hatte, hast noch weitere solche Phantasieunternehmen in deinem Depot?
nochmals danke
for4
nochmals danke
for4
Servus Mike!
Hab mir Deinen Thread mal ganz durchgelesen und finde ihn interessant. Fände es gut, wenn Du diesen Thread weiter aktualisierst und die ´Neuigkeiten reinstellst. Oben hat jemand das Unternehmen "ALIF" genannt. Unter der Bezeichnung Alif findet man nur drei seltsame Unternehmen. Könnte mich einer aufklären oder die Kennummer angeben, daß wäre sehr nett.
Ansonnsten finde ich die Geschichte von Microvision sehr sexy! Ich werde mie daß mal genauer ansehen. Ich bin auch faszinierter "Visionär" und investiere mit Vorliebe in zukunftsträchtige Technologien. Bin übrigens meißt im Ballardthread und wie ich weiß For4 ebenfalls. Du kannst ja ebenfalls mal vorbeischauen, Mike?
Im BZ-Sektor gibt es auch einige`Investments die nicht von schlechten Eltern sind
Also bis dann, SF
Hab mir Deinen Thread mal ganz durchgelesen und finde ihn interessant. Fände es gut, wenn Du diesen Thread weiter aktualisierst und die ´Neuigkeiten reinstellst. Oben hat jemand das Unternehmen "ALIF" genannt. Unter der Bezeichnung Alif findet man nur drei seltsame Unternehmen. Könnte mich einer aufklären oder die Kennummer angeben, daß wäre sehr nett.
Ansonnsten finde ich die Geschichte von Microvision sehr sexy! Ich werde mie daß mal genauer ansehen. Ich bin auch faszinierter "Visionär" und investiere mit Vorliebe in zukunftsträchtige Technologien. Bin übrigens meißt im Ballardthread und wie ich weiß For4 ebenfalls. Du kannst ja ebenfalls mal vorbeischauen, Mike?
Im BZ-Sektor gibt es auch einige`Investments die nicht von schlechten Eltern sind
Also bis dann, SF
Ist sie daß?
Um was geht es bei dieser Firma? Mit Dank an die Wissenden...
Um was geht es bei dieser Firma? Mit Dank an die Wissenden...
Hallo SeubertF,
nein das ist sie nicht. Microvision notiert aktuell bei ca. 33 €.
WKN: 904586
For4
nein das ist sie nicht. Microvision notiert aktuell bei ca. 33 €.
WKN: 904586
For4
Hallo miteinander!
ALIF = Artificial Life 917521. dazu gibt es einen informativen Thread, einfach unter wkn Artificial Life eingeben und Diskussionen. Ebenfalls interessante Werte: Lightpath Tec, Ballard Power, Opticom.
Zu MVIS: Mit einem reinen Handyhersteller ist noch nichts vereinbart, dazu muß das vds erst noch kleiner werden (braucht noch 2 bis 3 Jahre, wireless internet applications). Außerdem ist wap und umts bekanntlich auch noch nicht ganz so weit, kommt aber mit Sicherheit.
Interessant v.a. die News vom 9.Mai (s.o.), hier nochmals Auszüge:
"Portable see-through display technology like Microvision`s has the potential to
bring a rich array of image, text and symbology to millions of worker`s point of
task, enabling organizations to realize significant gains in precision,
productivity, safety and profitability.
Our membership in ARVIKA (www.arvika.de), including 15 companies and 5 research
and development institutions, includes such leaders as Siemens AG, Ford Motor
Company, Volkswagen, Audi, and DaimlerChrysler and major machine tool suppliers
as ExCellO, DS-Technologie, Guhring, Huller-Hille, INDEX.
ein vernetzter Arbeiter bringt enorme Produktivitätsvorteile, somit Kosten-Zeit-Ersparnis, da er seine Infos gleich vom vds abrufen kann und seiner Tätigkeit weiterhin nachgegen kann (einfach gesagt). Selbes prinzip in der Medizin, nur zum wohle des Patienten. Wir haben schon mehrere Anwendungsgebiete für das vds sicher, selbst diese sind an der Börse noch kaum eingepreist. Ich kann nur raten ein wenig zu recherchieren.
Homepage www.mvis.com ist auch ganz nett.
Gruß
M_III
ALIF = Artificial Life 917521. dazu gibt es einen informativen Thread, einfach unter wkn Artificial Life eingeben und Diskussionen. Ebenfalls interessante Werte: Lightpath Tec, Ballard Power, Opticom.
Zu MVIS: Mit einem reinen Handyhersteller ist noch nichts vereinbart, dazu muß das vds erst noch kleiner werden (braucht noch 2 bis 3 Jahre, wireless internet applications). Außerdem ist wap und umts bekanntlich auch noch nicht ganz so weit, kommt aber mit Sicherheit.
Interessant v.a. die News vom 9.Mai (s.o.), hier nochmals Auszüge:
"Portable see-through display technology like Microvision`s has the potential to
bring a rich array of image, text and symbology to millions of worker`s point of
task, enabling organizations to realize significant gains in precision,
productivity, safety and profitability.
Our membership in ARVIKA (www.arvika.de), including 15 companies and 5 research
and development institutions, includes such leaders as Siemens AG, Ford Motor
Company, Volkswagen, Audi, and DaimlerChrysler and major machine tool suppliers
as ExCellO, DS-Technologie, Guhring, Huller-Hille, INDEX.
ein vernetzter Arbeiter bringt enorme Produktivitätsvorteile, somit Kosten-Zeit-Ersparnis, da er seine Infos gleich vom vds abrufen kann und seiner Tätigkeit weiterhin nachgegen kann (einfach gesagt). Selbes prinzip in der Medizin, nur zum wohle des Patienten. Wir haben schon mehrere Anwendungsgebiete für das vds sicher, selbst diese sind an der Börse noch kaum eingepreist. Ich kann nur raten ein wenig zu recherchieren.
Homepage www.mvis.com ist auch ganz nett.
Gruß
M_III
Hallo For4!
Hab dich eben im LightPath-Thread ertappt.
Mich würde interessieren was für Anlegertyp Du so bist und wo Du investiert bist.
mfG M_III
Hab dich eben im LightPath-Thread ertappt.
Mich würde interessieren was für Anlegertyp Du so bist und wo Du investiert bist.
mfG M_III
Hallo Michael_III,
ich investiere vor allem in zukunfsträchtige und wachstumsstarke Werte (spekulativ).
Mein Depot:
Commerce One
Ballard Power
Idec Pharmaceuticals
Vertex Pharmaceuticals
DCI
D.Logistics
Wedeco Water Technologie
Microvision (auf deinen Rat)
-> habe mir mal Geschäftsberichte runtergeladen (sehr überzeugend)
Watchlist: ISteelAsia.com, Opticom, LightPath
Und jetzt du!
For4
ich investiere vor allem in zukunfsträchtige und wachstumsstarke Werte (spekulativ).
Mein Depot:
Commerce One
Ballard Power
Idec Pharmaceuticals
Vertex Pharmaceuticals
DCI
D.Logistics
Wedeco Water Technologie
Microvision (auf deinen Rat)
-> habe mir mal Geschäftsberichte runtergeladen (sehr überzeugend)
Watchlist: ISteelAsia.com, Opticom, LightPath
Und jetzt du!
For4
Hallo For4!
Ballard Power
PCCW
Philips El.
Artificial Life
Microvision
Lightpath
ballard habe ich mit nettem Gewinn verkauft, ist auf aktuellem Niveau aber ein klarer Kauf. Philips eigentlich ein konservatives Investment, schau Dir aber die Performance an - die haben phantastische Geschäftsfelder, senken weiter die Kosten und daher weiterhin ein Kauf. PCCW ist ein Hold, Lightpath ein Kauf genauso wie Microvision - letztere werte sind stark visionär und erfordern Glaube an die Technik. ALIF ebenfalls ein Kauf, mit sehr hohen Chancen aber auch Risiken. Die Entwicklung läuft nach Plan (ab Montag NASDAQ-Listing mit wohl folgenden Analysten-coverages), stimmt mich positiv.
gruß
Michael_III
Ballard Power
PCCW
Philips El.
Artificial Life
Microvision
Lightpath
ballard habe ich mit nettem Gewinn verkauft, ist auf aktuellem Niveau aber ein klarer Kauf. Philips eigentlich ein konservatives Investment, schau Dir aber die Performance an - die haben phantastische Geschäftsfelder, senken weiter die Kosten und daher weiterhin ein Kauf. PCCW ist ein Hold, Lightpath ein Kauf genauso wie Microvision - letztere werte sind stark visionär und erfordern Glaube an die Technik. ALIF ebenfalls ein Kauf, mit sehr hohen Chancen aber auch Risiken. Die Entwicklung läuft nach Plan (ab Montag NASDAQ-Listing mit wohl folgenden Analysten-coverages), stimmt mich positiv.
gruß
Michael_III
Hallo Michael_III,
welch ein Zufall, PCCW und Philips hatte ich ebenfalls einmal. Philips habe ich verkauft und gegen Commerce One eingetaucht (später bereut wegen Nasdaq-Crash), aber du hast recht - für einen Hightech-Wert sehr billig. PCCW sind sehr hoch bewertet (mehrere Mrd. $), auf diesem Niveau sind keine großen Sprünge mehr möglich. Zudem ist es frahlich ob Li`s Idee aufgeht.
Was machen die von Artifial Life eigentlich genau?
Sehr interessant sind meiner Meinung nach auch Think Tool aus der Schweiz und der chinesische Internetsektor. Ich bin auf der suche nach einer chines. Internetholding. Was hälst du von Softbank International? Welche Beteiligungen haben die? Kennst du vielleicht noch andere?
Tschüß
For4
welch ein Zufall, PCCW und Philips hatte ich ebenfalls einmal. Philips habe ich verkauft und gegen Commerce One eingetaucht (später bereut wegen Nasdaq-Crash), aber du hast recht - für einen Hightech-Wert sehr billig. PCCW sind sehr hoch bewertet (mehrere Mrd. $), auf diesem Niveau sind keine großen Sprünge mehr möglich. Zudem ist es frahlich ob Li`s Idee aufgeht.
Was machen die von Artifial Life eigentlich genau?
Sehr interessant sind meiner Meinung nach auch Think Tool aus der Schweiz und der chinesische Internetsektor. Ich bin auf der suche nach einer chines. Internetholding. Was hälst du von Softbank International? Welche Beteiligungen haben die? Kennst du vielleicht noch andere?
Tschüß
For4
Ich kann Dir nur beipflichten For4!
Richtig erkannt, Pacific Century hat eine wahnsinns MK von glaube ich 256 Milliarden $. - Zu viel!
Jedoch die Werte LightPath & Microvision (speziell LP) verdienen meiner Meinung nach Höchstpredikat!
Natürlich auch Ballard
Gute Nacht aus München, SF
Richtig erkannt, Pacific Century hat eine wahnsinns MK von glaube ich 256 Milliarden $. - Zu viel!
Jedoch die Werte LightPath & Microvision (speziell LP) verdienen meiner Meinung nach Höchstpredikat!
Natürlich auch Ballard
Gute Nacht aus München, SF
Hallo zusammen!
Ist ja gerade ne Depotbesprechung. PCCW habe ich auch reduziert, die Marktkap sind allerdings "nur" 256 HongKong-$, also um die 35 Mrd Euro. Sprünge sind nicht zu erwarten, ist richtig, jedoch kommt man an dem wert in Asien nicht mehr vorbei.
MVIS + LPTHA sind wahrlich unentdeckte Perlen.
Ballard ist No. I auf dem BSZ-Sektor (konservatives Invest)
Artificial Life 917521 sehr interessant und bevorstehender Kurssprung, schau Dir den bzw. die Threads an, dann weißt Du bescheid (Künstl. Intelligenz).
softbank Inv. hat ein Kumpel von mir für 2 Euro gekauft nach dem Motto in 2 Jahren bei 10 Euro und ich bin reich, ich selber habe die Finger gelassen davon gelassen, jetzt sind sie bei 30 Cent, kann man kaufen.
Gruß
Michael
ps. der China-Hype ist fürs erste rum, bin deshalb nicht auf dem laufenden. Da gibt es soviel Schrott auf dem Markt, der hochgezockt wurde und nun dümpelt und dümpeln wird.
Ist ja gerade ne Depotbesprechung. PCCW habe ich auch reduziert, die Marktkap sind allerdings "nur" 256 HongKong-$, also um die 35 Mrd Euro. Sprünge sind nicht zu erwarten, ist richtig, jedoch kommt man an dem wert in Asien nicht mehr vorbei.
MVIS + LPTHA sind wahrlich unentdeckte Perlen.
Ballard ist No. I auf dem BSZ-Sektor (konservatives Invest)
Artificial Life 917521 sehr interessant und bevorstehender Kurssprung, schau Dir den bzw. die Threads an, dann weißt Du bescheid (Künstl. Intelligenz).
softbank Inv. hat ein Kumpel von mir für 2 Euro gekauft nach dem Motto in 2 Jahren bei 10 Euro und ich bin reich, ich selber habe die Finger gelassen davon gelassen, jetzt sind sie bei 30 Cent, kann man kaufen.
Gruß
Michael
ps. der China-Hype ist fürs erste rum, bin deshalb nicht auf dem laufenden. Da gibt es soviel Schrott auf dem Markt, der hochgezockt wurde und nun dümpelt und dümpeln wird.
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
Na das hört sich ja wirklich verdammt gut an!!
botokude
botokude
Das hört sich nicht nur gut an, das ist der Durchbruch.
Was will man denn da noch hinzufügen?
Einsatzgebiete noch und nöcher, ein gigantischer Markt, eine neue, revolutionäre Technik, die sich gerade durchsetzt und überhaupt, nicht einmal einen Schimmer von Kunkurrenz hat......
By 2004, more end-users will access the Internet via handheld mobile terminals
than wireline connections, according to the ARC Group, a leading provider of
wireless market data. Of the projected 1 billion Internet subscribers, 750
million will use mobile terminals.
Was ich die ganze Zeit predige wird nun auch von MVIS offitiell gemacht.
Habe schon mal gesagt, dass wir dieses Jahr noch 3stellige Kurse sehen werden. Die Marktkap ist nach wie vor erbärmlich niedrig, MVIS hat einen Milliardenmarkt für sich allein vor sich.
Noch befindet sich der Wert 40% unter seinem ATH - kaufen.
Gruß
Michael
@botokude: Dein Timing für diesen Wert ist doch ordentlich, oder?
Was will man denn da noch hinzufügen?
Einsatzgebiete noch und nöcher, ein gigantischer Markt, eine neue, revolutionäre Technik, die sich gerade durchsetzt und überhaupt, nicht einmal einen Schimmer von Kunkurrenz hat......
By 2004, more end-users will access the Internet via handheld mobile terminals
than wireline connections, according to the ARC Group, a leading provider of
wireless market data. Of the projected 1 billion Internet subscribers, 750
million will use mobile terminals.
Was ich die ganze Zeit predige wird nun auch von MVIS offitiell gemacht.
Habe schon mal gesagt, dass wir dieses Jahr noch 3stellige Kurse sehen werden. Die Marktkap ist nach wie vor erbärmlich niedrig, MVIS hat einen Milliardenmarkt für sich allein vor sich.
Noch befindet sich der Wert 40% unter seinem ATH - kaufen.
Gruß
Michael
@botokude: Dein Timing für diesen Wert ist doch ordentlich, oder?
MVIS aktuell +21 %
Wir haben gerade wie die Gestörten die 38-Tage-Linie durchbrochen, erster lächerliche Widerstand bei 40$, aber nach DIESER News interessiert Charttechnik eigentlich fast gar nicht
+23,71% bei heftigsten Umsätzen.
nun ja, gewissenhafte Recherche zahlt sich eben aus.....
Gruß
Michael
@botokude: kannst Du die aktuelle Marktkap. von MVIS reinstellen, zu finden unter yahoo? Danke!
+23,71% bei heftigsten Umsätzen.
nun ja, gewissenhafte Recherche zahlt sich eben aus.....
Gruß
Michael
@botokude: kannst Du die aktuelle Marktkap. von MVIS reinstellen, zu finden unter yahoo? Danke!
MVIS : MICROVISION INC (NASDAQ) 1:44 PM
Market Cap 475.15 Mil $ / Shares Outstanding 11.59 Mil
Market Cap 475.15 Mil $ / Shares Outstanding 11.59 Mil
Umsatz von MVIS bis 20.24 Uhr fast 1,3 Mio. shares.
Das sind mehr als 10 Prozent der ausstehenden Aktien
und damit wohl ein neuer Umsatzrekord.
es grüßt euch ferguson
Das sind mehr als 10 Prozent der ausstehenden Aktien
und damit wohl ein neuer Umsatzrekord.
es grüßt euch ferguson
Hallo SeubertF,
www.nasdaq.com hat Microvision eine Mk von ca. 234 Mio. $.
Was stimmt nun?
For4
www.nasdaq.com hat Microvision eine Mk von ca. 234 Mio. $.
Was stimmt nun?
For4
MVIS Schlußkurs 38,5 US$
Umsatz: 1,757,900 shares
Marktkapitalisierung 446,176,500 US$
cu ferguson
Umsatz: 1,757,900 shares
Marktkapitalisierung 446,176,500 US$
cu ferguson
Woher nimmst du die Zahlen für die MK?
For4:
http://www.siliconinvestor.com/research/quote.gsp?s=MVIS
PS: For4, die MK ändert sich proportional mit dem Kurs!
Gruß SF
http://www.siliconinvestor.com/research/quote.gsp?s=MVIS
PS: For4, die MK ändert sich proportional mit dem Kurs!
Gruß SF
Heftig, gelle?
Die aktuelle Marktkap. ist LÄCHERLICH, wenn man sich den gigantischen Markt vor Augen führt......
Es wird immer offensichtlicher, dass die Technik sich durchsetzt - sie hat es nämlich bereits.
Gruß
Michael
ps. ich sehe MVIS nicht als Zockerinvestment, sondern langfristig.
Die aktuelle Marktkap. ist LÄCHERLICH, wenn man sich den gigantischen Markt vor Augen führt......
Es wird immer offensichtlicher, dass die Technik sich durchsetzt - sie hat es nämlich bereits.
Gruß
Michael
ps. ich sehe MVIS nicht als Zockerinvestment, sondern langfristig.
Hallo Seubert,
meine MK bezog sich auf einen Kurs von ca. 38$. Ich weiß, daß die MK in beiden Fällen lächerlich ist. Mich würde der genaue Wert aber doch interessieren (es ist ja immerhin ein Unterschied von nahezu 100%).
Ich glaube, dies ist der Beginn einer Erfolgsstory und wir sind von anfang an mit dabei.
For4.
meine MK bezog sich auf einen Kurs von ca. 38$. Ich weiß, daß die MK in beiden Fällen lächerlich ist. Mich würde der genaue Wert aber doch interessieren (es ist ja immerhin ein Unterschied von nahezu 100%).
Ich glaube, dies ist der Beginn einer Erfolgsstory und wir sind von anfang an mit dabei.
For4.
Sorry For4, aber die von Dir gepostete MK ist devinitiv nicht richtig!
Microvision hat bei aktuellem Kurs, d.h. 38,75$, eine aktuelle MK von 449 Millionen Dollar!
Klicke einfach den nachfolgenden Link an und Du kannst dich selbst davon überzeugen.
http://www.siliconinvestor.com/research/quote.gsp?s=MVIS
MfG SeubertF
PS: Aber sonst bin ich mit Dir einer Meinung
Microvision hat bei aktuellem Kurs, d.h. 38,75$, eine aktuelle MK von 449 Millionen Dollar!
Klicke einfach den nachfolgenden Link an und Du kannst dich selbst davon überzeugen.
http://www.siliconinvestor.com/research/quote.gsp?s=MVIS
MfG SeubertF
PS: Aber sonst bin ich mit Dir einer Meinung
Hallo SeubertF,
nachdem Michael_III und ich unsere Depots offengelegt haben würde mich interessieren in welchen Werten außer MVIS du eingetlich noch investiert bist.
Danke.
For4
PS: Das mit der MK wird sich schon noch klärenlassen, ich höre mich nocheinmal um!
nachdem Michael_III und ich unsere Depots offengelegt haben würde mich interessieren in welchen Werten außer MVIS du eingetlich noch investiert bist.
Danke.
For4
PS: Das mit der MK wird sich schon noch klärenlassen, ich höre mich nocheinmal um!
Weil Du s` bist For4
Intel
Siemens
Dt.Telekom
Ballard Power
Plug Power
Fuel Cell Energy
Dch Technology
Satcon Technology
Mechanical Technology
Microvision
Astropower
Solarworld
LightPath
Aber psst....
Intel
Siemens
Dt.Telekom
Ballard Power
Plug Power
Fuel Cell Energy
Dch Technology
Satcon Technology
Mechanical Technology
Microvision
Astropower
Solarworld
LightPath
Aber psst....
Was mich besonders freut: MVIS hat gestern, nach dem gigantischen Vortag, nochmals einen drauf gesetzt, d.h. die Gewinnmitnahmen getoppt. Mal gespannt, wann MVIS in deutschen Medien erwähnt wird - ist aber eigentlich völlig egal.
Gruß
M_III
Gruß
M_III
INFRASTRUCTURE Reviews Semiconductor, FPD and Equipment Companies
DALLAS, Jun 14, 2000 (BUSINESS WIRE) -- INFRASTRUCTURE, the leading independent
research organization covering the investor`s view of the semiconductor
manufacturing industry, has recently released Part II of their notes of
presentations made at the recent Strategic Business Conference (SBC) held in
Austin, Texas, by the industry trade association, SEMI (Semiconductor Equipment
and Materials).
The May Monthly Issue also contains an update from the 5th Annual Flat Panel
Display Conference sponsored by Needham and Company and the US Display
Consortium.
Ron Leckie, INFRASTRUCTURE`s CEO, was the chairman and master of ceremonies of
this year`s SBC program. He commented that, "With the chip industry adding new
capacity this year`s program provided over 150 attendees with an excellent view
of the plans device manufacturers have set for the next few years." Summaries of
the presentations have been released within the April and May issues of the
INFRASTRUCTURE newsletter, where subscribers may learn the key points made by
the various speakers.
Included in the most recent issue were presentations by speakers from companies
such as: AMD Corp. (NYSE:AMD); Amkor Technology (Nasdaq: AMKR); Cypress
Semiconductor (NYSE:CY); Intel Corp. (Nasdaq: INTC); KLA-Tencor (Nasdaq: KLAC);
Micron Technology (NYSE:MU); STMicroelectronics (NYSE:STM); Texas Instruments
(NYSE:TXN); UMC Corp.; and Chinese company, HNEC.
Regarding the Flat Panel Display Conference, Carl Johnson, INFRASTRUCTURE`s
President, had this to say, "This conference provided attendees with a good
overview of what is happening in a very dynamic industry. Several companies
presented new technologies that hold the possibility of having great influence
in the very near future." Presenting names included, AKT, the FPD equipment
division of Applied Materials (Nasdaq: AMAT); Microvision (Nasdaq: MVIS); Jaco
Electronics (Nasdaq: JACO); Applied Films Corporation (Nasdaq: AFCO); Universal
Display Corporation (Nasdaq: PANL); InFocus Systems (Nasdaq: INFS); and Intel
(Nasdaq: INTC). Additional notes will be released in the June issue of the
INFRASTRUCTURE letter.
For a nominal subscription, readers may follow INFRASTRUCTURE`s analysis and
insight on companies such as Applied Materials (Nasdaq: AMAT), Asyst Technologies
(Nasdaq: ASYT), Mattson Technologies (Nasdaq: MTSN), PRI Automation (Nasdaq: PRIA)
and Teradyne (NYSE:TER).
Viele interessante Firmen.........
DALLAS, Jun 14, 2000 (BUSINESS WIRE) -- INFRASTRUCTURE, the leading independent
research organization covering the investor`s view of the semiconductor
manufacturing industry, has recently released Part II of their notes of
presentations made at the recent Strategic Business Conference (SBC) held in
Austin, Texas, by the industry trade association, SEMI (Semiconductor Equipment
and Materials).
The May Monthly Issue also contains an update from the 5th Annual Flat Panel
Display Conference sponsored by Needham and Company and the US Display
Consortium.
Ron Leckie, INFRASTRUCTURE`s CEO, was the chairman and master of ceremonies of
this year`s SBC program. He commented that, "With the chip industry adding new
capacity this year`s program provided over 150 attendees with an excellent view
of the plans device manufacturers have set for the next few years." Summaries of
the presentations have been released within the April and May issues of the
INFRASTRUCTURE newsletter, where subscribers may learn the key points made by
the various speakers.
Included in the most recent issue were presentations by speakers from companies
such as: AMD Corp. (NYSE:AMD); Amkor Technology (Nasdaq: AMKR); Cypress
Semiconductor (NYSE:CY); Intel Corp. (Nasdaq: INTC); KLA-Tencor (Nasdaq: KLAC);
Micron Technology (NYSE:MU); STMicroelectronics (NYSE:STM); Texas Instruments
(NYSE:TXN); UMC Corp.; and Chinese company, HNEC.
Regarding the Flat Panel Display Conference, Carl Johnson, INFRASTRUCTURE`s
President, had this to say, "This conference provided attendees with a good
overview of what is happening in a very dynamic industry. Several companies
presented new technologies that hold the possibility of having great influence
in the very near future." Presenting names included, AKT, the FPD equipment
division of Applied Materials (Nasdaq: AMAT); Microvision (Nasdaq: MVIS); Jaco
Electronics (Nasdaq: JACO); Applied Films Corporation (Nasdaq: AFCO); Universal
Display Corporation (Nasdaq: PANL); InFocus Systems (Nasdaq: INFS); and Intel
(Nasdaq: INTC). Additional notes will be released in the June issue of the
INFRASTRUCTURE letter.
For a nominal subscription, readers may follow INFRASTRUCTURE`s analysis and
insight on companies such as Applied Materials (Nasdaq: AMAT), Asyst Technologies
(Nasdaq: ASYT), Mattson Technologies (Nasdaq: MTSN), PRI Automation (Nasdaq: PRIA)
and Teradyne (NYSE:TER).
Viele interessante Firmen.........
Ein kurzes Wort zum Chart, dann muß ich weg:
Oben Widerstand von 40$, nach unten leichter Widerstand bei34 - 35$, eine bombenfeste Unterstützung bei 30$. Wenn jmd nachkaufen will kann er dies beachten.
Das ATH werden wir in diesem Jahr auf jeden Fall testen.....
Wichtig ist der technische Durchbruch des vds, den haben wir!
Gruß
M_III
Oben Widerstand von 40$, nach unten leichter Widerstand bei34 - 35$, eine bombenfeste Unterstützung bei 30$. Wenn jmd nachkaufen will kann er dies beachten.
Das ATH werden wir in diesem Jahr auf jeden Fall testen.....
Wichtig ist der technische Durchbruch des vds, den haben wir!
Gruß
M_III
Manufacturers of wireless communication products have identified a need for users to view the same kinds of information now available on their desktops, such as e-mail, web pages, faxes and other graphical documents.
A new generation of "personal data communicator" products represents the latest advance toward an emerging all-digital wireless communications environment in which voice communications will be complemented with high resolution, still images and even full-motion videoconferencing. Such devices must include a display that presents a desktop-size image to the viewer but adds little to its size, power requirements or cost. RSD technology is uniquely capable of meeting the demanding combination of performance requirements for such go-anywhere access.
Wireless Communications
"Go anywhere access" to information
The burgeoning popularity of data communications and the possibility of handheld remote access to the Internet and other business networks have created substantial opportunity for new products that can provide such capabilities.
Other applications opportunities include:
Defense & Public Safety
Aerospace
Healthcare
Industrial
Consumer Electronics
To Applications page
A new generation of "personal data communicator" products represents the latest advance toward an emerging all-digital wireless communications environment in which voice communications will be complemented with high resolution, still images and even full-motion videoconferencing. Such devices must include a display that presents a desktop-size image to the viewer but adds little to its size, power requirements or cost. RSD technology is uniquely capable of meeting the demanding combination of performance requirements for such go-anywhere access.
Wireless Communications
"Go anywhere access" to information
The burgeoning popularity of data communications and the possibility of handheld remote access to the Internet and other business networks have created substantial opportunity for new products that can provide such capabilities.
Other applications opportunities include:
Defense & Public Safety
Aerospace
Healthcare
Industrial
Consumer Electronics
To Applications page
Hi allerseits,
ein interessanter thread zu einem noch interessanterem thema! mvis hat tatsächlich eine bahnbrechende technologie in petto, zumal sich das konzept durch die realisierung von direkt auf das auge strahlenden videoeinheiten ganz erheblich von dem anderer miniaturisierungsmöglichkeiten abhebt. die auf der mvis-seite http://www.mvis.com/1-appl_wirelesscomm.htm dargestellte vision eines komplett display- und damit auch brillenunabhängigen "laserbeamers", der den mobilen weppads auf bedarf eine großformatige visualisierungspülattform zur verfügung stellt, ist für mich der eigentliche durchbruch. in addition zu leichtgewichtigen brillendisplays, welche die technologie auf beide augen focussieren und damit auch effektvolle 3d-darstellungen ermöglichen, könnte sich mvis in 1-2 jahren (mit der einführung von utms) einen massenmarkt erschliessen, der wahrhaft gigantische potentiale birgt...!!!
nicht aus den augen lassen sollte man jedoch die tatsache, daß mvis diesbezüglich noch keinen funktionsfähigen prototypen auf den markt gebracht hat und die bisherigen umsatzerlöse ausschliesslich aus projektarbeiten resultieren. die jüngsten beteiligungen von general electric und cree haben die finanzielle lage des unternehmens auf jeden fall erstmal gesichert, auch dürfte der einfluß der neiden investoren dem firmenmanegment im sinne einer klaren zieldefinition und -verfolgung nur guttun.
die jüngsten meldungen waren schon ein ziemlicher hammer, dennoch denke ich, daß man mit einem einstieg ggf. noch etwas warten kann, zumal sich die jüngsten kursanstiege alsbald wieder teilweise im sommergedümpel des nasdaq verlieren dürften. da der ofizielle markteintritt des unternehmens erst für das 1.hj 2001 vorgesehen ist, verbleibt also noch genügend zeit, das unternehmen und seine strategie genauer unter die lupe zu nehmen; eine kursexplosion ist m.e. erst dann zu erwarten, wenn die produkte auch auf dem markt und die ersten größeren kontrakte vollzogen sind. auch sollte man nicht vergessen daß das unternehmen mit einer halben millarde usd nicht gerade eben billig ist, zumal es sich bei mvis immer noch um ein start-up handelt, das momentan nur von seinen visionen lebt und seine marktfähigkeit erst in zukunft unter beweis stellen wird. investitionen sollten daher - wie bei anderen startups auch - mit der entsprechenden vorsicht und vor allem aber sukzessiv erfolgen. sollte es mvis gelingen, seine vorgestellten produktlösungen bis zur entsprechenden marktreife zu bringen, wird es nahezu unrelevant sein, ob sich der investor mit 10 $ mehr oder weniger eingedeckt hat; bis dato ist aber noch ein gutes jahr hin - und wie die beispiele aus dem inetsektor zeigen, ist die geduld des marktes und auch die bereitschaft zur erteilung von vorschussloorberen mittlerweile nicht mehr so groß, wie dies in den letzten monaten noch der fall war.
summa sumarum: weiter so. denke mal, daß ich in den nächsten tagen die erste tranche erwerben werde.
gruß + good luck @ all
isaac
ein interessanter thread zu einem noch interessanterem thema! mvis hat tatsächlich eine bahnbrechende technologie in petto, zumal sich das konzept durch die realisierung von direkt auf das auge strahlenden videoeinheiten ganz erheblich von dem anderer miniaturisierungsmöglichkeiten abhebt. die auf der mvis-seite http://www.mvis.com/1-appl_wirelesscomm.htm dargestellte vision eines komplett display- und damit auch brillenunabhängigen "laserbeamers", der den mobilen weppads auf bedarf eine großformatige visualisierungspülattform zur verfügung stellt, ist für mich der eigentliche durchbruch. in addition zu leichtgewichtigen brillendisplays, welche die technologie auf beide augen focussieren und damit auch effektvolle 3d-darstellungen ermöglichen, könnte sich mvis in 1-2 jahren (mit der einführung von utms) einen massenmarkt erschliessen, der wahrhaft gigantische potentiale birgt...!!!
nicht aus den augen lassen sollte man jedoch die tatsache, daß mvis diesbezüglich noch keinen funktionsfähigen prototypen auf den markt gebracht hat und die bisherigen umsatzerlöse ausschliesslich aus projektarbeiten resultieren. die jüngsten beteiligungen von general electric und cree haben die finanzielle lage des unternehmens auf jeden fall erstmal gesichert, auch dürfte der einfluß der neiden investoren dem firmenmanegment im sinne einer klaren zieldefinition und -verfolgung nur guttun.
die jüngsten meldungen waren schon ein ziemlicher hammer, dennoch denke ich, daß man mit einem einstieg ggf. noch etwas warten kann, zumal sich die jüngsten kursanstiege alsbald wieder teilweise im sommergedümpel des nasdaq verlieren dürften. da der ofizielle markteintritt des unternehmens erst für das 1.hj 2001 vorgesehen ist, verbleibt also noch genügend zeit, das unternehmen und seine strategie genauer unter die lupe zu nehmen; eine kursexplosion ist m.e. erst dann zu erwarten, wenn die produkte auch auf dem markt und die ersten größeren kontrakte vollzogen sind. auch sollte man nicht vergessen daß das unternehmen mit einer halben millarde usd nicht gerade eben billig ist, zumal es sich bei mvis immer noch um ein start-up handelt, das momentan nur von seinen visionen lebt und seine marktfähigkeit erst in zukunft unter beweis stellen wird. investitionen sollten daher - wie bei anderen startups auch - mit der entsprechenden vorsicht und vor allem aber sukzessiv erfolgen. sollte es mvis gelingen, seine vorgestellten produktlösungen bis zur entsprechenden marktreife zu bringen, wird es nahezu unrelevant sein, ob sich der investor mit 10 $ mehr oder weniger eingedeckt hat; bis dato ist aber noch ein gutes jahr hin - und wie die beispiele aus dem inetsektor zeigen, ist die geduld des marktes und auch die bereitschaft zur erteilung von vorschussloorberen mittlerweile nicht mehr so groß, wie dies in den letzten monaten noch der fall war.
summa sumarum: weiter so. denke mal, daß ich in den nächsten tagen die erste tranche erwerben werde.
gruß + good luck @ all
isaac
Für den einen ist MVIS noch sehr visionär, für den anderen schon fast ein koservatives Investment
Wenn wir den Widerstand bei 40$ knacken, heißt das nächste Kursziel 65$ (ATH). Nach unten sollten 35$ sein, bei einem Donnerwetter die 30$ (hab ich ja schon gesagt). Auffällig aber, dass nach dem Umsatzrekord KEINE Gewinnmitnahmen gefolgt sind - äußerst stabil. Für mich könnte MVIS die Aktie der nächsten Jahre, vielleicht sogar des Jahrzehnts werden.
MVIS liefert seine Prototypen schon aus bzw. hat sie schon ausgeliefert - vorerst an ausgewählte Kunden (Medizin, Luft-Raumfahrt, Militär). Ich warte gespannt auf die Serienfertigung der ersten Generation, kann morgen schon bekannt gegeben werden. Die Technik ist 100% funktionsfähig und einsatzbereit, der Durchbruch ist da - der weitere Weg nur noch Formsache. Ich möchte nochmal darauf verweisen, dass MVIS seine selber vorgegebene Entwicklungszeit deutlich unterschritten hat.
Wohl dem, der MVIS schon vor Monaten unter die Lupe genommen hat. Nichts desto trotz befinden wir uns am Anfang einer gewaltigen Story.
Gruß
Michael_III
Wenn wir den Widerstand bei 40$ knacken, heißt das nächste Kursziel 65$ (ATH). Nach unten sollten 35$ sein, bei einem Donnerwetter die 30$ (hab ich ja schon gesagt). Auffällig aber, dass nach dem Umsatzrekord KEINE Gewinnmitnahmen gefolgt sind - äußerst stabil. Für mich könnte MVIS die Aktie der nächsten Jahre, vielleicht sogar des Jahrzehnts werden.
MVIS liefert seine Prototypen schon aus bzw. hat sie schon ausgeliefert - vorerst an ausgewählte Kunden (Medizin, Luft-Raumfahrt, Militär). Ich warte gespannt auf die Serienfertigung der ersten Generation, kann morgen schon bekannt gegeben werden. Die Technik ist 100% funktionsfähig und einsatzbereit, der Durchbruch ist da - der weitere Weg nur noch Formsache. Ich möchte nochmal darauf verweisen, dass MVIS seine selber vorgegebene Entwicklungszeit deutlich unterschritten hat.
Wohl dem, der MVIS schon vor Monaten unter die Lupe genommen hat. Nichts desto trotz befinden wir uns am Anfang einer gewaltigen Story.
Gruß
Michael_III
dein wort in gottes ohr, michael
die story ist auf jeden fall da, der rahmen stimmt und auf dem aktuellen niveau ist die aktie auf jeden fall sehr interessant. für eine fundierte investitionsentscheidung fände ich es aber noch sehr hilfreich, ein wenig mehr über die projekte, die prototypen, aber auch das management zu erfahren als die homepage von mvis preisgibt.
hast du schon mal deine spider losgeschickt?
auf jeden fall halte ich es für sinnvoll, eine kontaktaufnahme mit dem unternehmen vorzunehmen. werde mir heute abend mal die investor-relation-unterlagen bestellen, vielleicht kann ich aus dem management auch ein paar antworten auf meine fragen "herausquetschen"
cu
isaac
die story ist auf jeden fall da, der rahmen stimmt und auf dem aktuellen niveau ist die aktie auf jeden fall sehr interessant. für eine fundierte investitionsentscheidung fände ich es aber noch sehr hilfreich, ein wenig mehr über die projekte, die prototypen, aber auch das management zu erfahren als die homepage von mvis preisgibt.
hast du schon mal deine spider losgeschickt?
auf jeden fall halte ich es für sinnvoll, eine kontaktaufnahme mit dem unternehmen vorzunehmen. werde mir heute abend mal die investor-relation-unterlagen bestellen, vielleicht kann ich aus dem management auch ein paar antworten auf meine fragen "herausquetschen"
cu
isaac
Richtig, die Homepage gibt nicht viel preis. Nach der HP habe ich vor Monaten auch bestimmt nicht mein Investment getätigt.....
Meine spider waren schon aktiv und lasse ich momentan ruhen, MVIS ruht jedenfalls nicht!
Gruß
M_III
Meine spider waren schon aktiv und lasse ich momentan ruhen, MVIS ruht jedenfalls nicht!
Gruß
M_III
Hi an die next generation!!!
Habt ihr schon gewußt, dass MVIS noch viel mehr Phantasie beinhaltet? MVIS arbeitet neben dem bereits erwähnten Gebiet auch noch an einer Sicherheitsidentifikation, welche auf der Einmalogkeit des Auges basiert und an etwas ganz heißem (im Suntrade-Board lokalisiert!!):
nämlich an Tarnanzügen, welche sich der Umgebung anpassen (es gab darüber einen interessanten Artikel im P.M. vor 2-3 Monaten). Dieser Anzug ist keine Utopie, er wird bereits in Militärkreisen getestet und hat bald den Markteintritt!
Man sieht also, dass MVIS noch mehr Phantasie beinhaltet!!!
P.S.: Ordert direkt an der Nasdaq, da in D fast kein Handel!!!
Habt ihr schon gewußt, dass MVIS noch viel mehr Phantasie beinhaltet? MVIS arbeitet neben dem bereits erwähnten Gebiet auch noch an einer Sicherheitsidentifikation, welche auf der Einmalogkeit des Auges basiert und an etwas ganz heißem (im Suntrade-Board lokalisiert!!):
nämlich an Tarnanzügen, welche sich der Umgebung anpassen (es gab darüber einen interessanten Artikel im P.M. vor 2-3 Monaten). Dieser Anzug ist keine Utopie, er wird bereits in Militärkreisen getestet und hat bald den Markteintritt!
Man sieht also, dass MVIS noch mehr Phantasie beinhaltet!!!
P.S.: Ordert direkt an der Nasdaq, da in D fast kein Handel!!!
Hi Psycho!
Geiler nick!
will ich noch einen draufsetzen: MVIS arbeitet daran, die Pupille als Mauszeiger zu verwenden! D.h. wenn Du Deine Augen z.B. auf einen link richtest und dann einen Mechanismus auslöst, kommt man auf die entsprechende Seite.....
ist auch nicht auf der HP zu finden.....
Gruß
M_III
Phantasie ohne Grenzen, aber eigentlich schon Wirklichkeit
Geiler nick!
will ich noch einen draufsetzen: MVIS arbeitet daran, die Pupille als Mauszeiger zu verwenden! D.h. wenn Du Deine Augen z.B. auf einen link richtest und dann einen Mechanismus auslöst, kommt man auf die entsprechende Seite.....
ist auch nicht auf der HP zu finden.....
Gruß
M_III
Phantasie ohne Grenzen, aber eigentlich schon Wirklichkeit
Wenn man sich nur allein die Kundschaft Militär vor Augen führt und alles andere außer Betracht zieht..... da kann man schon Höhenangst bekommen! Das Militär ist der zahlungskräftigste Auftraggeber weltweit, v.a. das amerikanische.
MVIS is hot!
M_III
MVIS is hot!
M_III
Hi PsychoMade *grins*
das mit der Irisabtastung ist nichts neues - so etwas gibt`s schon seit Jahren. Ich betrachte das mal eine logische Umkehrung der Forschungsarbeiten bei MVIS. Für die angekündigte 2D-Projektionseinheit in zukünftigen Webpads kann das Feature allerdings als Sicherungsfunktion bezüglich Benutzeridentifikation ein nettes Zusatzfeature darstellen.
Den Artikel mit den Tarnanzügen solltest Du mal posten - zumindest ein Hinweis in Form eines Links zu dem betreffenden Suntrader-Thread wäre nicht schlecht. Eine Entwicklung à la "Predator"? Das PM-Magazin schiesst ja bekanntlich gerne mal über die Grenzen der Physik hinaus, die Details dazu würden mich echt mal interessieren.
Solange MVIS diesbezüglich nichts veröffentlicht, betrachte ich derartige Meldungen als pure Spekulation. Die aktuell vorgestellten Lösungskonzeptionen attestieren dem Wert ausreichend Potential für eine verXfachung innerhalb der nächsten 2-3 Jahre - sofern die Visionen auch in Realität umgesetzt werden können. Darauf deutet mittlerweile vieles hin, wobei ich mir selbst noch ein Bild von der technischen Machbarkeit insbesondere der 2D-Laserbeamer (Webpads) machen will. Voraussetzung für die Launchierung eines derartigen Produktes, welches insbesondere in den für das kommende Jahr angekündigten UTMS-fähigen Webpads/Mobilfunkgeräten zum Einsatz kommen könnte, ist die Realisierbarkeit bei niedrigen Produktionskosten (VK max 50 - 100 USD). Der diesbezügliche Markt wäre gigantisch, allerdings sollte man nicht vergessen, daß die Amis von UTMS noch weit entfernt sind.
Dennoch: Sofern an der Geschichte soviel dran ist, wie es aktuell aussieht, sollte MVIS demnächst eine Zusammenarbeit mit einem der aktuellen Mobilgerätegiganten (Palm, Nokia, Motorola ect.) ankündigen, dann gibt`s eine Kursexplosion - bleibt die Ankündigung bis zum Jahresende aus, muß ich mir über den Entwicklungsstand bzw. die Realisierbarkeit der MVIS-Visionen Gedanken machen
Werde das Management mal mit ein paar diesbezüglichen Fragen nerven
Isaac
das mit der Irisabtastung ist nichts neues - so etwas gibt`s schon seit Jahren. Ich betrachte das mal eine logische Umkehrung der Forschungsarbeiten bei MVIS. Für die angekündigte 2D-Projektionseinheit in zukünftigen Webpads kann das Feature allerdings als Sicherungsfunktion bezüglich Benutzeridentifikation ein nettes Zusatzfeature darstellen.
Den Artikel mit den Tarnanzügen solltest Du mal posten - zumindest ein Hinweis in Form eines Links zu dem betreffenden Suntrader-Thread wäre nicht schlecht. Eine Entwicklung à la "Predator"? Das PM-Magazin schiesst ja bekanntlich gerne mal über die Grenzen der Physik hinaus, die Details dazu würden mich echt mal interessieren.
Solange MVIS diesbezüglich nichts veröffentlicht, betrachte ich derartige Meldungen als pure Spekulation. Die aktuell vorgestellten Lösungskonzeptionen attestieren dem Wert ausreichend Potential für eine verXfachung innerhalb der nächsten 2-3 Jahre - sofern die Visionen auch in Realität umgesetzt werden können. Darauf deutet mittlerweile vieles hin, wobei ich mir selbst noch ein Bild von der technischen Machbarkeit insbesondere der 2D-Laserbeamer (Webpads) machen will. Voraussetzung für die Launchierung eines derartigen Produktes, welches insbesondere in den für das kommende Jahr angekündigten UTMS-fähigen Webpads/Mobilfunkgeräten zum Einsatz kommen könnte, ist die Realisierbarkeit bei niedrigen Produktionskosten (VK max 50 - 100 USD). Der diesbezügliche Markt wäre gigantisch, allerdings sollte man nicht vergessen, daß die Amis von UTMS noch weit entfernt sind.
Dennoch: Sofern an der Geschichte soviel dran ist, wie es aktuell aussieht, sollte MVIS demnächst eine Zusammenarbeit mit einem der aktuellen Mobilgerätegiganten (Palm, Nokia, Motorola ect.) ankündigen, dann gibt`s eine Kursexplosion - bleibt die Ankündigung bis zum Jahresende aus, muß ich mir über den Entwicklungsstand bzw. die Realisierbarkeit der MVIS-Visionen Gedanken machen
Werde das Management mal mit ein paar diesbezüglichen Fragen nerven
Isaac
wuuuums!
Microvision Announces Plans to Develop Scanning Readers for Web-Enabled Mobile Products Company Says Devices Equipped With Silicon Micromirrors Will Merge Print And Electronic Media
BOTHELL, Wash., Jun 19, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS) announced today that its Imaging Solutions Group will develop and
market miniature scanning engines, that will enable hand-held and mobile devices
to link to the Internet, by allowing them to electronically "read" information
from a printed page. Based on the scanned information, the device will initiate
a link to related web content or to back-end transaction processing. Consumers
will be able to use the scanner-enabled devices to purchase items, pay bills and
upload media content by simply aiming the scanning beam at a code on a printed
page.
Scanning devices are expected to take the form of key fobs or hand-held
peripherals connected to computers, set top boxes or mobile devices; as well as
microscanners embedded into cell phones, PDAs and television remote controls.
The company says that its miniature scan engines will make use of proprietary
silicon micromirror technology in order to make the devices smaller, more robust
and less expensive than currently available laser scanning engines, while
providing the accuracy and ease of use, commonly associated with laser-scanning
bar code readers.
Microvision expects to be able to ship sample quantities of consumer-ready scan
engines to customers during the first half of next year with production
quantities available by the second half of the year. Initial production is
expected to target stand-alone devices that can be connected to existing cell
phones, PDAs and PCs with subsequent introduction of fully integrated units. The
company believes that the potential available market is for tens of millions of
devices annually.
Rick Rutkowski, Microvision`s President and CEO states, "The idea that a printed
symbol can be scanned to link information in printed media to the Internet is
potentially the `killer application` for mobile devices. This technique
literally merges magazines, newspapers and catalogs with the Internet world of
distributed electronic information and media. It`s a dramatic new twist on the
whole idea of `point and click,` in which the entire world of printed media
becomes a pervasive, familiar and intuitive part of the user interface.
"The recent announcement by Motorola, Symbol Technologies, Connect Things and
AirClic of a $500 million joint venture to develop this market is very
encouraging. It reinforces the notion that a huge market potential exists for
miniature low-cost scan engines to be integrated into all manner of web-enabled
devices as electronic readers for printed content, and that this market could
emerge quite rapidly. Because of our significant investment in unique and
proprietary micro scanning technology, we are extremely well positioned to
deliver scan engine solutions into this space. We have already seen very keen
interest in our solutions from prospective customers and partners. These
products are going to be a great complement to our miniature retinal scanning
displays, which are also aimed at the mobile Internet market."
Microvision uses proprietary Micro Electro Mechanical Systems (MEMS) technology
to form precision micromechanical scanning devices in silicon by etching the
material to form a miniature armature and a tiny mirror that can be
electronically actuated. The technique produces very small devices compared to
existing scanners, and enables the potential for high-volume, low-cost
manufacturing. Based on its initial design, the company estimates that several
hundred scanners can be produced on a single silicon wafer, and that these
numbers will increase.
The low mass of the scanners will also enable devices with reduced power
consumption, and improved shock and vibration tolerance compared to existing bar
code scanners. Microvision says that its micro scanner can also overcome the
limitations of current non-laser-based readers, which suffer from motion blur
and poor depth of focus.
Microvision`s MEMS scanning technology, which has been optimized to support
full-motion high-resolution video for its Retinal-Scanning Display products,
already operates at much faster scan rates than conventional bar code scanners,
and can scan in two dimensions. The combination makes the technology a suitable
solution for reading all types of one-dimensional and two-dimensional codes, as
well as images and text (including text-based links), which conventional
one-dimensional laser scanners cannot do. Two-dimensional codes can enable
printed media to contain significantly more data than linear bar codes.
Chris Wiklof, Business Development Manager for Microvision`s Imaging Solutions
Group comments, "Microvision`s MEMs scanners are ideally suited for applications
in compact consumer electronics devices because of their small size and their
inherent suitability for high-volume, low-cost, wafer-scale fabrication.
"In order to be consumer-ready, a scanning device has to be, not only
inexpensive, but also easy to use. Our product direction is aimed squarely at
enabling a unique combination of low cost, small size and ease of use. We
anticipate that this combination of features could also have a big impact on the
existing market for linear and 2D bar code scanners and integrated portable data
terminals.
"Our initial focus is to create a low-cost, ultra-low power, compact scanner for
scanning linear (one-dimensional) bar codes. We have developed proprietary scan
engine designs around adaptations of our existing MEMS devices to achieve this.
Going forward, we believe that Microvision`s significant lead in,
high-resolution, two-dimensional scanning can become very important. Our unique
ability to read all types of two-dimensional symbols and text will allow us to
be "agnostic" with regard to how information is encoded in print, so customers
designing media, containing printed links, will be able to chose among
alternative methods."
Microvision`s Imaging Solutions Group was formed earlier this year to develop
new applications and markets for the company`s proprietary scanning and imaging
technology, which was developed to support the real-time, high-resolution,
requirements of the company`s retinal scanning display technology. The company
believes that a broad range of imaging applications can take advantage of the
high performance, miniature size and mass fabrication potential of the
underlying components and optical systems technology.
no comment
Microvision Announces Plans to Develop Scanning Readers for Web-Enabled Mobile Products Company Says Devices Equipped With Silicon Micromirrors Will Merge Print And Electronic Media
BOTHELL, Wash., Jun 19, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS) announced today that its Imaging Solutions Group will develop and
market miniature scanning engines, that will enable hand-held and mobile devices
to link to the Internet, by allowing them to electronically "read" information
from a printed page. Based on the scanned information, the device will initiate
a link to related web content or to back-end transaction processing. Consumers
will be able to use the scanner-enabled devices to purchase items, pay bills and
upload media content by simply aiming the scanning beam at a code on a printed
page.
Scanning devices are expected to take the form of key fobs or hand-held
peripherals connected to computers, set top boxes or mobile devices; as well as
microscanners embedded into cell phones, PDAs and television remote controls.
The company says that its miniature scan engines will make use of proprietary
silicon micromirror technology in order to make the devices smaller, more robust
and less expensive than currently available laser scanning engines, while
providing the accuracy and ease of use, commonly associated with laser-scanning
bar code readers.
Microvision expects to be able to ship sample quantities of consumer-ready scan
engines to customers during the first half of next year with production
quantities available by the second half of the year. Initial production is
expected to target stand-alone devices that can be connected to existing cell
phones, PDAs and PCs with subsequent introduction of fully integrated units. The
company believes that the potential available market is for tens of millions of
devices annually.
Rick Rutkowski, Microvision`s President and CEO states, "The idea that a printed
symbol can be scanned to link information in printed media to the Internet is
potentially the `killer application` for mobile devices. This technique
literally merges magazines, newspapers and catalogs with the Internet world of
distributed electronic information and media. It`s a dramatic new twist on the
whole idea of `point and click,` in which the entire world of printed media
becomes a pervasive, familiar and intuitive part of the user interface.
"The recent announcement by Motorola, Symbol Technologies, Connect Things and
AirClic of a $500 million joint venture to develop this market is very
encouraging. It reinforces the notion that a huge market potential exists for
miniature low-cost scan engines to be integrated into all manner of web-enabled
devices as electronic readers for printed content, and that this market could
emerge quite rapidly. Because of our significant investment in unique and
proprietary micro scanning technology, we are extremely well positioned to
deliver scan engine solutions into this space. We have already seen very keen
interest in our solutions from prospective customers and partners. These
products are going to be a great complement to our miniature retinal scanning
displays, which are also aimed at the mobile Internet market."
Microvision uses proprietary Micro Electro Mechanical Systems (MEMS) technology
to form precision micromechanical scanning devices in silicon by etching the
material to form a miniature armature and a tiny mirror that can be
electronically actuated. The technique produces very small devices compared to
existing scanners, and enables the potential for high-volume, low-cost
manufacturing. Based on its initial design, the company estimates that several
hundred scanners can be produced on a single silicon wafer, and that these
numbers will increase.
The low mass of the scanners will also enable devices with reduced power
consumption, and improved shock and vibration tolerance compared to existing bar
code scanners. Microvision says that its micro scanner can also overcome the
limitations of current non-laser-based readers, which suffer from motion blur
and poor depth of focus.
Microvision`s MEMS scanning technology, which has been optimized to support
full-motion high-resolution video for its Retinal-Scanning Display products,
already operates at much faster scan rates than conventional bar code scanners,
and can scan in two dimensions. The combination makes the technology a suitable
solution for reading all types of one-dimensional and two-dimensional codes, as
well as images and text (including text-based links), which conventional
one-dimensional laser scanners cannot do. Two-dimensional codes can enable
printed media to contain significantly more data than linear bar codes.
Chris Wiklof, Business Development Manager for Microvision`s Imaging Solutions
Group comments, "Microvision`s MEMs scanners are ideally suited for applications
in compact consumer electronics devices because of their small size and their
inherent suitability for high-volume, low-cost, wafer-scale fabrication.
"In order to be consumer-ready, a scanning device has to be, not only
inexpensive, but also easy to use. Our product direction is aimed squarely at
enabling a unique combination of low cost, small size and ease of use. We
anticipate that this combination of features could also have a big impact on the
existing market for linear and 2D bar code scanners and integrated portable data
terminals.
"Our initial focus is to create a low-cost, ultra-low power, compact scanner for
scanning linear (one-dimensional) bar codes. We have developed proprietary scan
engine designs around adaptations of our existing MEMS devices to achieve this.
Going forward, we believe that Microvision`s significant lead in,
high-resolution, two-dimensional scanning can become very important. Our unique
ability to read all types of two-dimensional symbols and text will allow us to
be "agnostic" with regard to how information is encoded in print, so customers
designing media, containing printed links, will be able to chose among
alternative methods."
Microvision`s Imaging Solutions Group was formed earlier this year to develop
new applications and markets for the company`s proprietary scanning and imaging
technology, which was developed to support the real-time, high-resolution,
requirements of the company`s retinal scanning display technology. The company
believes that a broad range of imaging applications can take advantage of the
high performance, miniature size and mass fabrication potential of the
underlying components and optical systems technology.
no comment
Das eierlegende WollMilchSchwein...
So, haben wir den Widerstand bei knapp unter 40$ nach kurzen Startschwierigkeiten gemeistert. Wir sind im bisherigen Tagesverlauf an den nächsten Widerstand bei knapp unter 45$ abgeprallt und sollten bei etwa 42$ schließen. Sieht einwandfrei aus!
Gruß
Michael_III
ps. PsycoMade: ich möchte mich bei dem Händler in FFM herzlich bedanken, der mir heute einen Nachkauf zu einem Freundschaftspreis ermöglicht hat... Ich war auch überrascht, hier in D eine größere Stückzahl mit Abschlag zu bekommen!
Gruß
Michael_III
ps. PsycoMade: ich möchte mich bei dem Händler in FFM herzlich bedanken, der mir heute einen Nachkauf zu einem Freundschaftspreis ermöglicht hat... Ich war auch überrascht, hier in D eine größere Stückzahl mit Abschlag zu bekommen!
@ Michael_III
Hast Du heute in Frankfurt so kräftig zugelangt (zu 40,30)? - wer verschenkte heute morgen 500 Aktien zu so einem Spottpreis?
Schaut doch mal im neuen Nasdaq-Forum bei suntraders.de beim Paraglider naCH (Überschrift: Soldat der Zukunft und High-Tech Firma der Zukunft)
Paraglider schreibt:
Soldat der Zukunft
Der Soldat aus dem kommenden Jahrzehnt trägt einen gelben Tarnazug – wenn er
sich im Kornfeld versteckt; im Gebüsch ist sein Outfit grün, vor seiner Hauswand
ziegelrot. Eine spezielle Hohlfaser in der Kleidung macht diese perfekte Mimikry
möglich. Durch ein dichtes Geflecht von Fasern pulsiert Licht, das alle möglichen
Farben annehmen kann. Nervenzentrum der Ausrüstung ist ein Mini-Computer. Ein
Scanner liefert ihm die Farben der Umgebung; der Rechner steuert auf Grund dieser
Daten die Farbe des Tarnbazugs. Zusätzlich lasssen sich die Hohlfasern mit
Kohlenstoff füllen, die chemische oder biologische Kampfmittel aufsaugen können. Bei
Verletzungen gibt das Stoffgewebe an der Wunde ein blutungstillendes Präparat ab.
Dieser von US-Militärs konzipierte Überlebensanzug wird sich mit vielen raffinierten
Ausrüstungsgegenständen kombinieren lassen, z.B. einem Hohlogramm-Transmitter,
der den Gegner mit dreidimensional projezierten Trugbildern verwirrt. Die für die
Stromversorgung nötigen Akkus werden ständig nachgeladen – mit Energie, die der
Krieger mit jeder Bewegung erzeugt.
Die Firma, die für die Herstellung und Umsetzung dieser Ideen verantwortlich ist,
nennt sich Microvision. Das Unternehmen notiert aktuell bei 30,313 $. Nach einer um
50% erfolgten Korrektur, bildet der Titel nun auf den Unterstützungslinien eine erste
Bodenbildung aus, die MACD generiert schon ein Kaufsignal, die fast Stochastic seit
dem letzten Handelstag, der Titel scheint momentan nicht unter die wieder gewonnen
38Tageslinie zu fallen, jedoch sind die Umsätze noch recht dünn. Nach vier kleinen
schwarzen Candles, sollte der Titel in dieser Handelswoche mit weißen Candles
daherkommen, welche ein weiteres positives Signal für den Titel wären.
Schaut dann noch im P.M.-Magazin nach und bildet Euch eine eigene Meinung!!!
Ich persönlich denke, dass bei MVIS die Chance einer Ver - X - fachung besteht wenn die Produkte in Massenproduktion gehen.
Es besteht aber auch das Risiko eines Totalverlustes wenn die Techniken nicht in Massenproduktion gehen.
Nach Abwägung des Chance-Risiko-Verhältnisses drängt sich meiner Ansicht nach eion Investement auf lange Sicht aus
Hast Du heute in Frankfurt so kräftig zugelangt (zu 40,30)? - wer verschenkte heute morgen 500 Aktien zu so einem Spottpreis?
Schaut doch mal im neuen Nasdaq-Forum bei suntraders.de beim Paraglider naCH (Überschrift: Soldat der Zukunft und High-Tech Firma der Zukunft)
Paraglider schreibt:
Soldat der Zukunft
Der Soldat aus dem kommenden Jahrzehnt trägt einen gelben Tarnazug – wenn er
sich im Kornfeld versteckt; im Gebüsch ist sein Outfit grün, vor seiner Hauswand
ziegelrot. Eine spezielle Hohlfaser in der Kleidung macht diese perfekte Mimikry
möglich. Durch ein dichtes Geflecht von Fasern pulsiert Licht, das alle möglichen
Farben annehmen kann. Nervenzentrum der Ausrüstung ist ein Mini-Computer. Ein
Scanner liefert ihm die Farben der Umgebung; der Rechner steuert auf Grund dieser
Daten die Farbe des Tarnbazugs. Zusätzlich lasssen sich die Hohlfasern mit
Kohlenstoff füllen, die chemische oder biologische Kampfmittel aufsaugen können. Bei
Verletzungen gibt das Stoffgewebe an der Wunde ein blutungstillendes Präparat ab.
Dieser von US-Militärs konzipierte Überlebensanzug wird sich mit vielen raffinierten
Ausrüstungsgegenständen kombinieren lassen, z.B. einem Hohlogramm-Transmitter,
der den Gegner mit dreidimensional projezierten Trugbildern verwirrt. Die für die
Stromversorgung nötigen Akkus werden ständig nachgeladen – mit Energie, die der
Krieger mit jeder Bewegung erzeugt.
Die Firma, die für die Herstellung und Umsetzung dieser Ideen verantwortlich ist,
nennt sich Microvision. Das Unternehmen notiert aktuell bei 30,313 $. Nach einer um
50% erfolgten Korrektur, bildet der Titel nun auf den Unterstützungslinien eine erste
Bodenbildung aus, die MACD generiert schon ein Kaufsignal, die fast Stochastic seit
dem letzten Handelstag, der Titel scheint momentan nicht unter die wieder gewonnen
38Tageslinie zu fallen, jedoch sind die Umsätze noch recht dünn. Nach vier kleinen
schwarzen Candles, sollte der Titel in dieser Handelswoche mit weißen Candles
daherkommen, welche ein weiteres positives Signal für den Titel wären.
Schaut dann noch im P.M.-Magazin nach und bildet Euch eine eigene Meinung!!!
Ich persönlich denke, dass bei MVIS die Chance einer Ver - X - fachung besteht wenn die Produkte in Massenproduktion gehen.
Es besteht aber auch das Risiko eines Totalverlustes wenn die Techniken nicht in Massenproduktion gehen.
Nach Abwägung des Chance-Risiko-Verhältnisses drängt sich meiner Ansicht nach eion Investement auf lange Sicht aus
Hallo nochmal!
Ich denke ich werde eine Flasche schampus nach FFM schicken!
Zur Sache: Der Artikel ist sehr interessant, nur: wo will MVIS überall in Massenproduktion gehen? Das Risiko ist bei diesem Invest m.E.n. deshalb so gering, weil sich
a) die Technik sich schon durchgesetzt hat
b) sehr starke Partner an der Seite MVIS sind (Konsortium um Siemens, Motorola, daimler, VW u.v.a.)
c) sich die erste Generation der MVIS-Produkte schon im Einsatz befindet
d) der Laden dicke finanziert und abgesichert ist
Massenproduktion ist für 2002/03 geplant. Erst mit geringeren Kapazitäten, deshalb wird der Spaß anfangs noch teurer sein, später mass production a la Henry Ford. Der Laden läuft phantastisch, Anwendungsgebiete noch und nöcher.
@isaac: mit einer Kooperation eines reinen Handyherstellers rechne ich nicht. Vielmehr hat man mit Motorola und Siemens schon strategisch wesentlich bessere Partner als z.B. eine Nokia. In dieser Hinsicht ist MVIS - diejenigen, die die Technik haben - in einer sehr starken Position. Alle werden lieb zu MVIS sein, bei diesem revolutionärem Produkt. Sehr wahrscheinlich das die erste Ertragswelle vom Militär ausgehen wird, dann Luft-und Raumfahrt (Boeing, Airbus) und dann ist auch schon 2003!
Gruß
Michael
@psychomade: seit wann bist Du in MVIS "drin"? auch ein visionärer Anlegertyp? dann have a look to LPTHA...... Oder kennst Du noch weitere Perlen?
Ich denke ich werde eine Flasche schampus nach FFM schicken!
Zur Sache: Der Artikel ist sehr interessant, nur: wo will MVIS überall in Massenproduktion gehen? Das Risiko ist bei diesem Invest m.E.n. deshalb so gering, weil sich
a) die Technik sich schon durchgesetzt hat
b) sehr starke Partner an der Seite MVIS sind (Konsortium um Siemens, Motorola, daimler, VW u.v.a.)
c) sich die erste Generation der MVIS-Produkte schon im Einsatz befindet
d) der Laden dicke finanziert und abgesichert ist
Massenproduktion ist für 2002/03 geplant. Erst mit geringeren Kapazitäten, deshalb wird der Spaß anfangs noch teurer sein, später mass production a la Henry Ford. Der Laden läuft phantastisch, Anwendungsgebiete noch und nöcher.
@isaac: mit einer Kooperation eines reinen Handyherstellers rechne ich nicht. Vielmehr hat man mit Motorola und Siemens schon strategisch wesentlich bessere Partner als z.B. eine Nokia. In dieser Hinsicht ist MVIS - diejenigen, die die Technik haben - in einer sehr starken Position. Alle werden lieb zu MVIS sein, bei diesem revolutionärem Produkt. Sehr wahrscheinlich das die erste Ertragswelle vom Militär ausgehen wird, dann Luft-und Raumfahrt (Boeing, Airbus) und dann ist auch schon 2003!
Gruß
Michael
@psychomade: seit wann bist Du in MVIS "drin"? auch ein visionärer Anlegertyp? dann have a look to LPTHA...... Oder kennst Du noch weitere Perlen?
auch noch eine aktuelle "buy" recommend aus den Staaten (Josephthal & Co.)
@M_3: Nochmals danke für den Tipp!! Ich werde versuchen, mich hier in Zukunft wieder etwas aktiver zu äussern. Habe leider verschlafen nachzukaufen...
Nachdem hier ja wirklich jeder von Lightpath überzeugt zu sein scheint, werde ich mir den Titel auch nochmal genauer anschauen. Überhaupt tauchen in diesem Thread immer wieder die selben Aktien auf.
Gruß,
botokude
Nachdem hier ja wirklich jeder von Lightpath überzeugt zu sein scheint, werde ich mir den Titel auch nochmal genauer anschauen. Überhaupt tauchen in diesem Thread immer wieder die selben Aktien auf.
Gruß,
botokude
Moin moin,
@ Michael: completely right, das mit Siemens und Motorola hatte ich sogar noch übersehen - Schande über mich! Gibst Du mir trotzdem ein paar von Deinen abgestaubten Aktien ab?
Hoffe, daß ich heute endlich zum Zuge gekommen bin, ansonsten halt morgen. Bei dem Wert interessiert nicht der Kurs, sondern eher die Stückzahl...
@ PsychoMade: tnx für die Info, klingt nachvollziehbar - wenn auch technisch sehr aufwendig. Bezüglich ihrer Army-Aisstattung hatten die Amis aber schon immer einen Spleen, sollte also kein Hindernis sein. Werde die Frage nach dem Kampfanzug mal in meinen Katalog aufnehmen.
Gruß @ all
Isaac
@ Michael: completely right, das mit Siemens und Motorola hatte ich sogar noch übersehen - Schande über mich! Gibst Du mir trotzdem ein paar von Deinen abgestaubten Aktien ab?
Hoffe, daß ich heute endlich zum Zuge gekommen bin, ansonsten halt morgen. Bei dem Wert interessiert nicht der Kurs, sondern eher die Stückzahl...
@ PsychoMade: tnx für die Info, klingt nachvollziehbar - wenn auch technisch sehr aufwendig. Bezüglich ihrer Army-Aisstattung hatten die Amis aber schon immer einen Spleen, sollte also kein Hindernis sein. Werde die Frage nach dem Kampfanzug mal in meinen Katalog aufnehmen.
Gruß @ all
Isaac
Gerade die Siemens und Motorola sind für MVIS DIE Partner. Ich halte von beiden Elektronikriesen sehr viel, da sie eigentlich alles abdecken, gewaltige Kapazitäten haben und insofern für Microvision sehr interessant sind.
Zum Spleen der Amis: Die hauen sehr viel Geld für Rüstung, Luft-und Raumfahrt raus. Sicherheit über alles. Ich denke Microvision als amerikanisches Unternehmen wird dies besser verstehen wie wir und deshalb auch die erste Ertragswelle in diesem Sektor generieren können. Dort allein ist schon sehr viel Geld im Spiel.....
Gruß
M_III
Zum Spleen der Amis: Die hauen sehr viel Geld für Rüstung, Luft-und Raumfahrt raus. Sicherheit über alles. Ich denke Microvision als amerikanisches Unternehmen wird dies besser verstehen wie wir und deshalb auch die erste Ertragswelle in diesem Sektor generieren können. Dort allein ist schon sehr viel Geld im Spiel.....
Gruß
M_III
Absolutely agree - in dem Bereich ist den Amis nix zu teuer, da haben die echt einen Knall...
Irgend ein wahnsinniger Gierschlund hat eben als Antwort auf meinen Bid in FFM seinen ASK um 2 € auf 49 hochgesetzt. Falls Du das hier liest: Sorry Freund, so blöde bin ich nicht. 47,10 kriegst Du von mir - her damit, oder ich kaufe an der Nasdaq!
*grins*
Isaac
Irgend ein wahnsinniger Gierschlund hat eben als Antwort auf meinen Bid in FFM seinen ASK um 2 € auf 49 hochgesetzt. Falls Du das hier liest: Sorry Freund, so blöde bin ich nicht. 47,10 kriegst Du von mir - her damit, oder ich kaufe an der Nasdaq!
*grins*
Isaac
Siehe da - Botschaft angekommen
Ab jetzt bin ich auch offizielles Mitglied "im Club"
Freudentanz
Isaac
Ab jetzt bin ich auch offizielles Mitglied "im Club"
Freudentanz
Isaac
To Press Kit
Microvision
Revolutionizing the Way People Experience Information
Imagine . . .
An office worker on their lunch break pulling out their cellphone, dialing their PC, and holding up their cellphone to view a brightly displayed 20 inch image of a spreadsheet or web page information forwarded by a colleague.
Mechanics and factory workers wearing a portable and lightweight headworn display that projects a computer screen . . . without a monitor.
Home video gamers immersing themselves into a steroscopic 3-D environment.
Ground troops having a direct view of detailed maps of enemy terrain displayed through glasses integrated into their helmets.
Surgeons in the operating room looking through the optics of a headworn display at an MRI of a patient superimposed on their field of vision, and being guided by the image as they perform the surgical procedure.
Public safety officials having a tiny device mounted on their eyewear that gives them a direct view to a suspected criminal’s record while actively viewing the real world directly in front of them.
Scenarios like these are becoming reality as Microvision, Inc. realizes the promise of its unique personal display technology.
Microvision, Inc. is a 4-year old publicly traded company (NASDAQ:MVIS) that designs and develops light scanning technologies that when integrated into handheld or headworn devices project images onto the retina of the eye, allowing an individual to see large, full-motion images without the need for a cumbersome screen. A revolutionary way to display images and information, the retinal scanning technology promises to lead to cost-effective, high-performance miniature devices that provide personal displays for electronic and computing products in military, aerospace, medical, industrial, and consumer electronics applications.
The technology scans an extremely safe low-power beam of light to “paint” rows of pixels onto the eye, creating a high resolution, full-motion image without the use of electronic screens of any kind. To the viewer, the image appears to be floating directly in front of them at about an arm’s length away, as if on a large computer or Television monitor.
Microvision’s technology for personal displays delivers a whole new level of man-machine interaction. Unlike other attempts to implement personal displays Microvision’s retinal scanning approach provides in a lightweight, low power, affordable package, the ability for superior:
Brightness
Contrast
Resolution
Color Fidelity
These are the image attributes that are maximized to support a broad array of electronic display applications. The retinal scanning display promises greater combined levels of these essential qualities than any other display technology. The reason is simple: Microvision starts with the brightest, purest color point light sources in existence, eye-safe visible lasers. Then we modulate the beams according to the color content of the imagery (to be displayed) and optically combine the modulated colors into a single optical fiber. The resultant full color video light beam exits the fiber and is scan-projected across the retina of the viewers’ eye.
Microvision provides a display technology not limited by pixel constraints, processing yields, backlight intensities and colors, absorptive dyes, phosphor saturation, blooming, or halation, an on, an on…Just about the perfect display? Consider…..
Simplicity
Versatility
Economy
Producibility
These are the display parameters most sought after by users and manufacturers alike. Once again, Microvision offers levels of performance only dreamed of in the past: like user replacement of all critical parts made possible by modular component design. Or, an “ultimate” head mounted Augmented Reality display which converts in a moment to a High Definition TV projector.
This heavily patented technology provides a high quality, full color, monitor-free method for people to experience visual information. Microvision’s technology is opening the door to a vast, new visual world.
Displays are a huge business
Today’s displays use a wide range of technologies. They include CRTs and a variety of flat panel display technologies (FPDs) used within a wide assortment of end products, including laptop computers, Televisions, cellphones, etc.
Today’s $35 billion display market is expected to grow to over $60 billion by the turn of the century, according to the industry analyst firm The Gartner Group. Miniaturization is driving computer and communications technology into personal hand-held and head-wearable products that all require a display. The emerging market for personal displays alone is projected to exceed $5 billion over the next five years.
Regardless of the individual advantages, current display technologies have one thing in common: they each function as a screen to display an image, the quality of which is limited by their physical components. No screen technology matches the brilliance, color, clarity and mobility of the human retina.
In addition to the physical limitations, traditional display technologies have a number of problems. CRTs are generally limited to larger display products since they tend to be bulky, expensive and require high electrical voltages. FPDs are smaller and more portable, but lack the color, brightness levels and high contrast needed to produce sharp, quality images for many high-end applications.
Microvsion’s technology excels where other technologies fall short. The ability to produce a small size and low weight of even its current generation scanning element permits mounting on helmets, goggles and eyewear. And the display system’s ability to accurately reproduce a full color spectrum meets the exacting requirements of industries where fidelity and color differentiation are critical, such as the aerospace, defense and medical communities.
The Technology Advantage
The technology offers dramatic improvements over today’s conventional display technology in numerous areas:
Resolution
The technology’s resolution is limited only by diffraction and optical aberrations in the light source, not by how small one can make an individual pixel element in a large array of pixel elements (as in the case of FPDs).
Contrast Ratio
With Microvision’s technology, brightness can be increased to high levels or decreased to minimal levels. As a result, its contrast ratio is inherently high and far greater than standard FPDs or CRT monitors.
Luminance
Conventional technologies do not create substantial amounts of light energy. As a result, they are used in controlled lighting environments, and it’s difficult to see them under bright ambient light conditions, such as the outdoors on a sunny day. In a see-through mode, the user can control the image to match the brightness levels of the ambient light conditions.
Color Range
CRTs and miniature FPDs reflect only a portion of the total palette of colors visible to the human eye, and are limited in their degree of saturation. Because red, green and blue light sources used in the retinal scanning system emit highly saturated, pure color, a viewer can realize a range of colors and color fidelity superior to any other technology.
Power Consumption
FPDs and CRTs do not efficiently convert electrical energy into light energy. They draw substantial power and portable devices require considerable battery reserves. The Microvision technology, by contrast, conveys virtually all of the light it generates onto the retina, allowing bright displays with minimum power requirements.
Scalability
As there is no physical screen to reconfigure, Microvision’s technology is much more easily scalable from VGA to SVGA to XGA to HDTV resolution (and beyond), with less research and development costs and fewer tooling requirements then competing technologies.
Range of Application
The technology offers a truly general-purpose solution, without performance compromises or tradeoffs, and is appropriate for a broader range of applications than competing display technologies. This means it can achieve greater economies of scale and increase its appeal.
Cost
FPDs use costly production techniques involving complex assemblies and critical tolerances. In contrast, the basic design of the Microvision technology is very simple and makes use of established optical and electronic technologies. Investment in specialized manufacturing equipment is not required. Retinal scanning devices, therefore, will ultimately be mass-produced at a low cost.
How the Technology Compares
Display Source
Resolution (Pixel Size)
Luminance
Color
Weight
Power Consumption
RSD technology
.5 Micron
Unlimited brightness
Full color with no loss in resolution
Low
Low
CRT
25 Micron
Up to 1,000 fL
Only with sequential
High (with cabling)
High
AMLCD
12 Micron
Poor – backlight dependent
Yes in ¼ VGA resolution
Low
High with backlight
Ferro-Electric LCD
13 micron
Poor-20 fL
Yes with field sequential LEDs
Low
Low
Thin Film Electro-Luminescent (AMEL)
24 Micron
Poor – 60 fL
Yes with field sequential shutters, small color depth
Low
High
Field Emission Display (FED)
16 Micron
300 fL
Yes with low resolution
Low
High
AMLCD on CMOS
12 Micron
Poor – 30fL
Yes
Low
Low
How the Technology Works
A retinal scanning display (RSD) system consists of four primary component systems: drive electronics, light sources, scanners and optics. Microvision holds many broad patents covering a variety of optical electronics and electro-mechanical component and system features that are essential to the design and commercial fabrication of light miniaturized scanning displays and imaging systems.
Click on this image for a larger version with detail
Applications for Microvision Technology
The technology enables the cost-effective manufacture of lightweight, high-performance personal displays in three principal categories of applications:
Wearable “augmented reality” displays:
Incorporated into eyeglasses, goggles or helmets, the technology displays an image that doesn’t block the user’s view but will instead superimpose an image on top of that view. This is useful to pilots, ground troops, public safety officers, surgeons and others who need access to mission critical information to guide them through their tasks.
3-D interactive displays:
The technology creates a stereoscopic, 3-D-like experience. Viewers step into a fully immersive high-resolution environment by wearing lightweight goggles or glasses. This adds a new dimension to military and medical training, push the envelop in advanced computer-aided design and add a whole new level of excitement to console video games and arcade attractions.
Hand-held 2-D displays:
The technology integrates into cellular phones and pagers, allowing users to tap into business networks or the Internet to view
e-mail, Web pages, faxes and files as if on a full-size desktop monitor.
Microvision Target Markets
The versatility of Microvison’s technology makes it suitable for a broad range of applications and products across a very large number of markets. The company presently is targeting early adopters in five major markets: aerospace and defense, medical, wireless communications, industrial and consumer electronics.
Aerospace & Defense
Many of these applications will be easily transferred to the public safety markets, including law enforcement, fire fighting and emergency services.
Fixed wing aircraft
Display systems will be at the center of new aircraft with more sophisticated information systems, and will extend the life and enhance the combat effectiveness of existing aircraft. Product applications include: helmet-mounted display systems for jet aircraft that show pilots flight routes, display topographical information and pinpoint destruction targets; and simulation and training systems that create life-like flight and combat situations.
Rotorcraft
Product applications for rotorcraft include: helmet-mounted displays for helicopter crew systems that show pilots flight routes, display topographical information and pinpoint destruction targets; simulation and training systems that create life-like flight and combat situations similar to those for fixed wing aircraft.
Vehicle troops
Product applications for vehicle troops include: head-wearable displays for ground vehicles that guide troops to combat destinations.
Ground troops
Product applications for ground troops include: head-wearable systems for ground troops for use in medical, ground mapping and general maintenance situations.
Medical
Widespread use of imaging techniques in medical diagnostics is making healthcare professionals increasingly dependent upon high quality visual displays. Sophisticated techniques such as ultrasound, nuclear medical imaging, computed tomography for making x-ray photographs of a selected plane of the body and magnetic resonance imaging are critical sources of information for physicians. The Microvision system provides the high contrast, high resolution and full color images that doctors need to maximize the benefits of these tools.
Surgeons are starting to use “image-guided surgery” during complex, intricate procedures, but CRT monitors force them to look away from the work at hand. The Microvision system superimposes the image over the target area to help guide the surgeon’s hand through the procedure. This is especially valuable during delicate procedures involving the brain and spine.
Industrial
Manufacturing and maintenance professionals look to portable displays that offer augmented vision as a new means of increasing productivity and performance by assisting workers with blueprint guides and 3-D images of completed products. Flat panel displays cannot meet the requirements for augmented vision because they lack image brightness under high ambient light (e.g., a sunny day). The Microvision system provides bright, crisp images under any light condition. Uses can include making digitized repair manuals or construction teams checking, sharing and coordinating project blueprints on large, complex construction projects.
Wireless Communications
The burgeoning popularity of data communications and the possibility of handheld remote access to the Internet and other business networks have created substantial opportunity for new products. The Microvision technology is uniquely capable of meeting the demanding performance requirements for such mobile access. For example, wireless communications products such as cell phones can incorporate the Microvision technology, enabling business people to remotely access and view e-mail, Web pages, faxes and other graphical documents.
Consumer Electronics
Increasingly powerful graphics image processors are becoming more widely available at lower and lower costs. The popularity of personal computer- and console-based video games is expected to continue to grow, indicating a robust market. Microvision technology enables the development of gaming peripherals that would be lightweight, affordable and provide life-like realism to interactive gaming and educational products.
The Technology and Eye Safety
One measure of safe exposure to lasers is the maximum permissible exposure (MPE). This is the level of laser radiation to which a person may be exposed without hazardous effects or biological changes in the eye. MPE depends on wavelength, exposure time and the average power output of the laser. Microvision’s technology, for example, can safely use red, green and blue light for long exposure times because the average output power is very low.
While wavelengths in the infrared spectrum range can damage the cornea or the lens, RSD technology uses only visible light, therefore eliminating that risk of corneal damage. The two types of damage that can occur from lasers using visible light are flash and long term. Flash damage is a sudden, high power burn, most likely to be caused by Class IIIb or Class IV lasers. The power output of RSD technology is well below the power level of any of these types of lasers. Lower power lasers can cause long-term damage if the user repeatedly exceeds the MPE. Because of the efficiency of the RSD, there is no need to use high power in delivering the images to the eye and therefore all RSD-based products are well below the MPE.
Microvision System Safety Features
Almost all applications that used RSD technology do not require luminance in excess of 300 fL. One exception to this is the HMD for a jet fighter or an attack helicopter. These systems require very high luminance and therefore used more power to the eye. Systems incorporating RSD technology in these applications also have natural and built-in fail-safe features. First, shining a bright light into the eye generates a natural avoidance reaction; the viewer blinks or looks away. RSD technology also has both mechanical and electronic fail-safe mechanisms and safety features built into the system including:
A mechanical attenuator that decreases light power on a continuous basis,
A mechanical shutter that closes, cutting off the light source,
An acousto-optic modulator in the system electronics that shuts down and blocks transmitted light, and
A circuit that shuts down power to the light source.
These safety features activate if: (1) the intensity of the laser light exceeds a permissible threshold, (2) the scanner stops, (3) the lid of the unit opens, or (4) the connecting cable between the system electronics and the scanner is disconnected.
Microvision Customers, Partners and Contracts
The Boeing Company
The Boeing Information, Space and Defense Systems Division will use Microvision’s full-color helmet-mounted technology demonstration system to demonstrate new kinds of human interfaces for advanced aircrew systems. Boeing believes that the technology offers enormous potential for improving the man-machine interface in its most advanced aircrew systems, as well as other applications, and has committed to continued development of the Microvision technology.
Additionally, Microvision and Boeing have teamed to develop a “virtual cockpit” for helicopters and fixed-wing aircraft based on helmet-mounted display and upcoming image fusion and synthetic vision technologies. Pilots flying a virtual cockpit would see a synthetic view of the outside world without sighting-obscuring windscreen struts and glareshields. Looking down at the panel, the pilot would view a synthetic representation of multifunction displays similar to current panel hardware.
Saab and Ericsson Saab Avionics
In 1998, Microvision delivered its second HMD to Saab AB and Ericsson Saab Avionics AB for evaluation in their aircraft simulators. The prototype – a full color, high resolution HMD system – uses the retinal scanning display technology to deliver unprecedented image fidelity for fighter pilots. Microvision is also partnering with the two companies on a Phase II Small Business Innovation Research (SBIR) “Fast Track” contract with the U.S. Air Force to develop an ultra-high resolution HMD. This research will lead to a prototype of an HMD with a resolution of 1920 pixels by 1120 lines, achieving quality levels equal to HDTV. The three companies also have initiated a detailed study to define the requirements and potential design for a high resolution HMD for use in advanced aircraft display systems.
United States Air Force
Microvision will develop a full-color, high-definition HMD for pilot training applications as part of one of two SBIR contracts with the U.S. Air Force. Under the first contract, Microvision will demonstrate the feasibility of a lightweight HMD capable of presenting a full-color, high-definition display for use in military aircraft simulators and other pilot training applications.
The second contract is for the development of immersive, “wide field of view displays” for Command, Control, Communication, Computers & Intelligence (C4I) system applications. The goal is to increase the capabilities of Air Force C4I systems by implementing very wide field of view, interactive displays that allow field commanders to rapidly process and analyze large volumes of visual information during both simulated and real battlefield engagements.
United States Army
Under an SBIR contract from the U.S Army, Microvision will develop a full-color, high-definition HMD to present visual imagery to helicopter pilots in an operational flight simulator. The Phase I contract will demonstrate the feasibility of presenting various types of visual imagery and symbols to helicopter pilots through a lightweight, full-color, high-definition HMD. The contract seeks further to develop innovative display technology that may also serve a range of diverse applications in other areas of the military and commercial sectors including tele-maintenance, tele-medicine, and applications in various types of HMD systems.
Department of Defense/United States Army Battle Command Battle Lab
The U.S. Army Battle Command Battle Lab (BCBL) has contracted with Microvision to build a head-worn display to replace the desktop monitor at a workstation within its tactical operations center in Leavenworth, Kansas. The prototype display will be a lightweight, binocular device featuring full color and XGA resolution (1280 pixels x 1024 lines). Compared to a desktop monitor, Microvision’s display offers the portability of a small “goggles-type” package and has the potential to create a very large apparent field of view, making the display more suitable for viewing detailed and complex data sets. Microvision’s display also promises to deliver higher resolution, contrast and brightness of displayed images.
United States Army Aircrew Integrated Systems (ACIS) Program Office
Under a multi-million dollar Phase I and II contract, Microvision delivered a prototype display system for ACIS that incorporates a lightweight binocular, green monochrome, high-resolution (1280 pixels by 1024 lines) display. A phase III $1.5 million contract will fund continued work by Microvision and Boeing through the end of 1999, with the potential for additional funding to follow. According to government sources, only 3% of those company`s participating in SBIR program opportunities successfully reach the Phase III level which is intended to initiate the commercialization phase of the program.
“Unnamed” International Company
In 1998, Microvision delivered a binocular HMD demonstrator for jet fighter pilots to a large international avionics company. For confidentiality reasons, the name of the contracting company remains undisclosed. Microvision’s RSD technology basically replaced a pair of miniature CRTs now in use throughout the customer’s systems. Power requirements for the RSD system are much lower than the CRT, eliminating potentially dangerous levels of voltage near the pilot’s head. The technology also provides an upgrade path to full color, a capability that the current CRT system does not provide. These display features are critical performance and safety factors associated with helmet worn systems in the jetfighter cockpit environment.
United States Navy
Microvision delivered a lightweight, head-wearable prototype display to the U.S. Navy. The wearable RSD display system is being considered as a possible replacement for existing on-board display monitors on certain naval vessels. Microvision’s display is the only product that can achieve the Navy’s strict requirements for bright daylight “see through” readability. The Navy also stated in a signed memorandum that it has identified retinal scanning display technology as a “state-of-the-art” optical technology that serves as a “baseline” by which all other optical technologies will be measured. The Navy also stated that it recognizes RSD potential to improve Navy helmet display capabilities in numerous mission areas and advance warfighting capabilities of air, surface and sub-surface crewman by providing readable, scalable, full-color images of remote information directly onto the retina, thus bypassing conventional displays.
Cree Research
Microvision has formed a strategic partnering arrangement with Cree Research, Inc. (Nasdaq: CREE), the world leader in the development and manufacture of semiconductor materials and electronic devices made from silicon carbide (SiC). Under the terms of the arrangement Cree has made a $4.5 million equity investment in Microvision, purchasing common stock at $16.75 per share. Microvision has entered into a $2.6 million development contract with Cree to accelerate development of semiconductor light-emitting diodes (LEDs) and laser diodes for application in Microvision`s display and imaging products. The program will be focused on the development of blue and green laser diodes and edge-emitting light-emitting diodes that are suitable for Microvision`s scanned-beam display systems. Microvision will gain exclusive access to component technology developed in the program for "scanned-beam display" applications for three years following completion of the initial development contract.
ISOMPT Consortium
Microvision was selected to be a member of The Integrated Small Precision Optics Manufacturing Technology Consortium (ISPOMT), a team of world-leading research and product development companies led by the Rockwell Science Center (RSC), the principal research laboratory of Rockwell International. The goal of the consortium is to develop advanced small precision optical component technologies. The technologies under development by consortium members can help to support a variety of applications for Microvision`s micro-optical imaging systems, including the company`s RSD technology. In addition to Rockwell, the consortium members include Polaroid Corporation, Ford Motor Company, New Interconnect and Packaging Technologies, Inc. (NIPT), and the University of Washington/Human Interface Technology Laboratory (HITL). The consortium is partially funded by the U.S. Office of Naval Research, which assisted in bringing together the members.
Carl Zeiss
Microvision formed a key arrangement with two divisions of Carl Zeiss, Inc. to co-develop and commercialize a series of products featuring Microvision`s retinal scanning display technology for the ophthalmic diagnostics market and for the rapidly growing surgical visualization market. The Zeiss partnership is an excellent foundation as Microvision enters the medical imaging market with one of the world`s leading suppliers of precision optics and optical systems to the healthcare industry. In the surgical visualization area, Zeiss will target neurosurgery principally. Microvision is currently targeting the early part of 2001 for introduction of the first medical products featuring Microvision`s retinal scanning display technology.
Shiley Eye Center, UCSD
At the annual meeting for the Association for Research in Vision and Ophthalmology, faculty of the Shiley Eye Center, Department of Ophthalmology, School of Medicine at the University of California, San Diego (UCSD), presented first year results of an ongoing study to detect retinal diseases and vision disorders using an Entoptic Perimetry Self-Test Workstation that combines entoptic perimetry techniques and software developed at UCSD with Microvision`s Retinal Scanning Display technology. Under a confidential arrangement, Microvision loaned the UCSD group a portable retinal scanning display system to perform the studies. The goal of the program was to discover a noninvasive and highly accurate way to detect retinal diseases. Microvision`s RSD solution provided the answer. Patients looked directly into Microvision`s device, which scanned the entoptic perimetry stimulus onto the patient`s retina. Patients without retinal damage saw moving particles throughout their field of vision. However, patients with areas of retinal damage were actually able to paradoxically see their own blind areas and localize them. Using a pen-based computer program, patients were asked to trace the borders of any visual disturbances, in effect, creating a digital map of their own retina, which accurately detailed the locations of damaged tissue. These images were then compared with the "gold standard" -- photographs taken from a fundus camera with outstanding results. The device was shown to allow rapid and accurate retinal screening superior to traditional methods such as the Amsler grid and much more rapidly and conveniently than computerized visual field perimetry. The self-administered test took less than one minute, and showed statistically significant results of a 93% sensitivity and a 100% specificity for the patient to locate scotomas (blind areas) due to retinal damage within the central 120 degrees diameter of vision. During the last year, clinicians at the Shiley Institute performed entoptic perimetry screening tests on 58patients with a variety of retinal diseases including AIDS-related CMV retinitis, diabetic retinopathy, ocular melanoma (the most common eye cancer),blood vessel disorders, retinal detachment, macular hole, age-related and macular degeneration.
Wallace-Kettering Neuroscience Institute
Microvision delivered to the Wallace-Kettering Neuroscience Institute an advanced head-wearable display for use in neurosurgery. The display, which incorporates Microvision’s RSD technology, will allow surgeons to conveniently view anatomical images and other relevant data during surgery. Microvision and Wallace-Kettering Neuroscience Institute will also partner with Carl Zeiss in several advanced visualization product initiatives.
"Unnamed" Medical Company
A leading surgical and medical products company has signed a contract for the delivery of multiple copies of a light weight head-worn display system incorporating the Retinal Scanning Display technology. For competitive reasons the name of the company and specific details of the contract were not disclosed, but Microvision said that the company plans to utilize the wearable display systems during clinical trials for several medical applications. The head-worn display is used to overlay computer generated information over the real world while leaving the user`s hands free. Display imagery will be clearly visible in a full range of ambient light conditions. Wearable displays of the same design were recently demonstrated by the company in an industrial measurement application and the company plans to continue marketing the basic platform in the industrial, medical and military markets.
The Company
Microvision, Inc. (NASDAQ: MVIS) was incorporated in May 1993 in Seattle, Washington, and went public in August 1996. Prior to that, the company was funded through a group of private investors and government research grants. Because of the unique nature of retinal scanning display technology, Microvision has been able to attract a highly qualified, group of talented professionals. The company team has grown from to more than 100 employees since its IPO.
Microvision continues to pursue major near-term opportunities in the military markets, as well as in specific commercial categories requiring high performance and specialized display products. As retinal scanning technology is incorporated into a broader range of professional and industrial markets, the company anticipates low-cost display systems to successfully penetrate the consumer market for entertainment and multimedia applications. Microvision currently develops a revenue stream from development contracts and fees for engineering services and licensing arrangements and from product royalties. The company’s current headquarters are in Bothell, WA.
Senior Management Biographies
Richard F. Rutkowski, President and Chief Executive Officer
Rutkowski joined Microvision in December 1994 as chief operating officer. He was named a director in August 1995 and chief executive officer in September. In July 1996, he was elected president. Prior to that, he served as executive vice president of Medialink Technologies Corporation (formerly Lone Wolf Corporation), a developer of high-speed digital networking technology for multimedia applications in audio/video computing, consumer electronics and telecommunications. Rutkowski also was principal of the consulting firm of Rutkowski, Erickson, Scott.
Stephen R. Willey, Executive Vice President
Willey joined the company as a director in June 1995 and became executive vice president the following October. Prior to that, he served as an outside consultant to the company through The Development Group (DGI) a business and technology consulting firms that he founded. As principal of DGI, Willey provided senior management consulting services to CREO Products, Inc., an electro-optics equipment manufacturer, between June 1989 and December 1992. In 1993, Willey co-founded PRO.NET Communications, Inc., an Internet service company, and continues to serve as a director of PRO.NET.
Willey holds an M.B.A. from the University of California, Los Angeles, and an M.A.Sc. in electronics from the University of British Columbia, Vancouver. His B.A. in engineering (physics) came from McMaster University, Hamilton.
Richard A. Raising, Chief Financial Officer (CFO) and Vice President of Operations
Raising joined the company as a director in March 1996 and was named CFO and vice president of operations in August of the same year. His career spans nearly 25 years. Most recently, he was CFO of Videx Equipment Corporation, a manufacturer and rebuilder of wire processing equipment for the cabling industry. Prior to that he served as CFO and senior vice president of Finance for Killion Extruders, Inc., a manufacturer of plastic extrusion equipment. He also was managing director of Crimson Capital Company, an investment banking firm and a senior vice president of Dean Witter Reynolds, Inc.
He holds an M.B.A. in finance from the University of Southern California, an M.S. in accounting from California State University, Long Beach, and a B.A. in economics from the University of California, Irvine. Rasing is a certified public accountant.
Todd R. McIntyre, Vice President of Business Development
McIntyre joined the company in January 1996 as vice president of business development and has invested more than a decade of experience with companies in emerging markets. He has held business development and marketing positions with development stage companies including: Southern Limited partnership, a magazine and book publisher; Sasquatch Publishing Company, Inc., a magazine and book publisher; SPRY Inc., an Internet software products publisher; and Notable Technologies, Inc., a wireless telecommunications products manufacturer.
Andrew Lee, Vice President of Sales
Lee joined Microvision in January 1997. Prior to that, he was senior director, national systems sales, for AEI Music Network, Inc., the largest audio-visual systems integrator in the United States. He also served as director of sales and marketing for ADB Industries Inc., a manufacturer of precision assemblies for the defense and aerospace industries.
Art Minich, Vice President Research and Product Development
Minich joined Microvision in March 1999. From 1997 to 1998, he was with Laser Power Corporation in San Diego, where he served as president and general manager for the company’s display division, as well as acting vice president of operations for Laser Power’s microlaser division. Prior to Laser Power, Minich was the chief technical officer and vice president of research and development for Proxima Corporation in San Diego. He also was the founder, president and chairman of Pivotal Corp. in Seattle from 1990 to 1992; business unit/group general manager for Eastman Kodak from 1988 to 1990; president and chief executive officer for Daystar Systems Technology in Lake Oswego, Ore., from 1985 to 1986; division general manager for Tektronix from 1982 to 1985; and vice president of research and development and software sciences for Auto-trol Technology Corp. in Denver from 1977 to 1982. He began his career at Hewlett-Packard in Loveland, Colo., where he spent 12 years in numerous research and development and manufacturing positions.
To Press Kit
Microvision
Revolutionizing the Way People Experience Information
Imagine . . .
An office worker on their lunch break pulling out their cellphone, dialing their PC, and holding up their cellphone to view a brightly displayed 20 inch image of a spreadsheet or web page information forwarded by a colleague.
Mechanics and factory workers wearing a portable and lightweight headworn display that projects a computer screen . . . without a monitor.
Home video gamers immersing themselves into a steroscopic 3-D environment.
Ground troops having a direct view of detailed maps of enemy terrain displayed through glasses integrated into their helmets.
Surgeons in the operating room looking through the optics of a headworn display at an MRI of a patient superimposed on their field of vision, and being guided by the image as they perform the surgical procedure.
Public safety officials having a tiny device mounted on their eyewear that gives them a direct view to a suspected criminal’s record while actively viewing the real world directly in front of them.
Scenarios like these are becoming reality as Microvision, Inc. realizes the promise of its unique personal display technology.
Microvision, Inc. is a 4-year old publicly traded company (NASDAQ:MVIS) that designs and develops light scanning technologies that when integrated into handheld or headworn devices project images onto the retina of the eye, allowing an individual to see large, full-motion images without the need for a cumbersome screen. A revolutionary way to display images and information, the retinal scanning technology promises to lead to cost-effective, high-performance miniature devices that provide personal displays for electronic and computing products in military, aerospace, medical, industrial, and consumer electronics applications.
The technology scans an extremely safe low-power beam of light to “paint” rows of pixels onto the eye, creating a high resolution, full-motion image without the use of electronic screens of any kind. To the viewer, the image appears to be floating directly in front of them at about an arm’s length away, as if on a large computer or Television monitor.
Microvision’s technology for personal displays delivers a whole new level of man-machine interaction. Unlike other attempts to implement personal displays Microvision’s retinal scanning approach provides in a lightweight, low power, affordable package, the ability for superior:
Brightness
Contrast
Resolution
Color Fidelity
These are the image attributes that are maximized to support a broad array of electronic display applications. The retinal scanning display promises greater combined levels of these essential qualities than any other display technology. The reason is simple: Microvision starts with the brightest, purest color point light sources in existence, eye-safe visible lasers. Then we modulate the beams according to the color content of the imagery (to be displayed) and optically combine the modulated colors into a single optical fiber. The resultant full color video light beam exits the fiber and is scan-projected across the retina of the viewers’ eye.
Microvision provides a display technology not limited by pixel constraints, processing yields, backlight intensities and colors, absorptive dyes, phosphor saturation, blooming, or halation, an on, an on…Just about the perfect display? Consider…..
Simplicity
Versatility
Economy
Producibility
These are the display parameters most sought after by users and manufacturers alike. Once again, Microvision offers levels of performance only dreamed of in the past: like user replacement of all critical parts made possible by modular component design. Or, an “ultimate” head mounted Augmented Reality display which converts in a moment to a High Definition TV projector.
This heavily patented technology provides a high quality, full color, monitor-free method for people to experience visual information. Microvision’s technology is opening the door to a vast, new visual world.
Displays are a huge business
Today’s displays use a wide range of technologies. They include CRTs and a variety of flat panel display technologies (FPDs) used within a wide assortment of end products, including laptop computers, Televisions, cellphones, etc.
Today’s $35 billion display market is expected to grow to over $60 billion by the turn of the century, according to the industry analyst firm The Gartner Group. Miniaturization is driving computer and communications technology into personal hand-held and head-wearable products that all require a display. The emerging market for personal displays alone is projected to exceed $5 billion over the next five years.
Regardless of the individual advantages, current display technologies have one thing in common: they each function as a screen to display an image, the quality of which is limited by their physical components. No screen technology matches the brilliance, color, clarity and mobility of the human retina.
In addition to the physical limitations, traditional display technologies have a number of problems. CRTs are generally limited to larger display products since they tend to be bulky, expensive and require high electrical voltages. FPDs are smaller and more portable, but lack the color, brightness levels and high contrast needed to produce sharp, quality images for many high-end applications.
Microvsion’s technology excels where other technologies fall short. The ability to produce a small size and low weight of even its current generation scanning element permits mounting on helmets, goggles and eyewear. And the display system’s ability to accurately reproduce a full color spectrum meets the exacting requirements of industries where fidelity and color differentiation are critical, such as the aerospace, defense and medical communities.
The Technology Advantage
The technology offers dramatic improvements over today’s conventional display technology in numerous areas:
Resolution
The technology’s resolution is limited only by diffraction and optical aberrations in the light source, not by how small one can make an individual pixel element in a large array of pixel elements (as in the case of FPDs).
Contrast Ratio
With Microvision’s technology, brightness can be increased to high levels or decreased to minimal levels. As a result, its contrast ratio is inherently high and far greater than standard FPDs or CRT monitors.
Luminance
Conventional technologies do not create substantial amounts of light energy. As a result, they are used in controlled lighting environments, and it’s difficult to see them under bright ambient light conditions, such as the outdoors on a sunny day. In a see-through mode, the user can control the image to match the brightness levels of the ambient light conditions.
Color Range
CRTs and miniature FPDs reflect only a portion of the total palette of colors visible to the human eye, and are limited in their degree of saturation. Because red, green and blue light sources used in the retinal scanning system emit highly saturated, pure color, a viewer can realize a range of colors and color fidelity superior to any other technology.
Power Consumption
FPDs and CRTs do not efficiently convert electrical energy into light energy. They draw substantial power and portable devices require considerable battery reserves. The Microvision technology, by contrast, conveys virtually all of the light it generates onto the retina, allowing bright displays with minimum power requirements.
Scalability
As there is no physical screen to reconfigure, Microvision’s technology is much more easily scalable from VGA to SVGA to XGA to HDTV resolution (and beyond), with less research and development costs and fewer tooling requirements then competing technologies.
Range of Application
The technology offers a truly general-purpose solution, without performance compromises or tradeoffs, and is appropriate for a broader range of applications than competing display technologies. This means it can achieve greater economies of scale and increase its appeal.
Cost
FPDs use costly production techniques involving complex assemblies and critical tolerances. In contrast, the basic design of the Microvision technology is very simple and makes use of established optical and electronic technologies. Investment in specialized manufacturing equipment is not required. Retinal scanning devices, therefore, will ultimately be mass-produced at a low cost.
How the Technology Compares
Display Source
Resolution (Pixel Size)
Luminance
Color
Weight
Power Consumption
RSD technology
.5 Micron
Unlimited brightness
Full color with no loss in resolution
Low
Low
CRT
25 Micron
Up to 1,000 fL
Only with sequential
High (with cabling)
High
AMLCD
12 Micron
Poor – backlight dependent
Yes in ¼ VGA resolution
Low
High with backlight
Ferro-Electric LCD
13 micron
Poor-20 fL
Yes with field sequential LEDs
Low
Low
Thin Film Electro-Luminescent (AMEL)
24 Micron
Poor – 60 fL
Yes with field sequential shutters, small color depth
Low
High
Field Emission Display (FED)
16 Micron
300 fL
Yes with low resolution
Low
High
AMLCD on CMOS
12 Micron
Poor – 30fL
Yes
Low
Low
How the Technology Works
A retinal scanning display (RSD) system consists of four primary component systems: drive electronics, light sources, scanners and optics. Microvision holds many broad patents covering a variety of optical electronics and electro-mechanical component and system features that are essential to the design and commercial fabrication of light miniaturized scanning displays and imaging systems.
Click on this image for a larger version with detail
Applications for Microvision Technology
The technology enables the cost-effective manufacture of lightweight, high-performance personal displays in three principal categories of applications:
Wearable “augmented reality” displays:
Incorporated into eyeglasses, goggles or helmets, the technology displays an image that doesn’t block the user’s view but will instead superimpose an image on top of that view. This is useful to pilots, ground troops, public safety officers, surgeons and others who need access to mission critical information to guide them through their tasks.
3-D interactive displays:
The technology creates a stereoscopic, 3-D-like experience. Viewers step into a fully immersive high-resolution environment by wearing lightweight goggles or glasses. This adds a new dimension to military and medical training, push the envelop in advanced computer-aided design and add a whole new level of excitement to console video games and arcade attractions.
Hand-held 2-D displays:
The technology integrates into cellular phones and pagers, allowing users to tap into business networks or the Internet to view
e-mail, Web pages, faxes and files as if on a full-size desktop monitor.
Microvision Target Markets
The versatility of Microvison’s technology makes it suitable for a broad range of applications and products across a very large number of markets. The company presently is targeting early adopters in five major markets: aerospace and defense, medical, wireless communications, industrial and consumer electronics.
Aerospace & Defense
Many of these applications will be easily transferred to the public safety markets, including law enforcement, fire fighting and emergency services.
Fixed wing aircraft
Display systems will be at the center of new aircraft with more sophisticated information systems, and will extend the life and enhance the combat effectiveness of existing aircraft. Product applications include: helmet-mounted display systems for jet aircraft that show pilots flight routes, display topographical information and pinpoint destruction targets; and simulation and training systems that create life-like flight and combat situations.
Rotorcraft
Product applications for rotorcraft include: helmet-mounted displays for helicopter crew systems that show pilots flight routes, display topographical information and pinpoint destruction targets; simulation and training systems that create life-like flight and combat situations similar to those for fixed wing aircraft.
Vehicle troops
Product applications for vehicle troops include: head-wearable displays for ground vehicles that guide troops to combat destinations.
Ground troops
Product applications for ground troops include: head-wearable systems for ground troops for use in medical, ground mapping and general maintenance situations.
Medical
Widespread use of imaging techniques in medical diagnostics is making healthcare professionals increasingly dependent upon high quality visual displays. Sophisticated techniques such as ultrasound, nuclear medical imaging, computed tomography for making x-ray photographs of a selected plane of the body and magnetic resonance imaging are critical sources of information for physicians. The Microvision system provides the high contrast, high resolution and full color images that doctors need to maximize the benefits of these tools.
Surgeons are starting to use “image-guided surgery” during complex, intricate procedures, but CRT monitors force them to look away from the work at hand. The Microvision system superimposes the image over the target area to help guide the surgeon’s hand through the procedure. This is especially valuable during delicate procedures involving the brain and spine.
Industrial
Manufacturing and maintenance professionals look to portable displays that offer augmented vision as a new means of increasing productivity and performance by assisting workers with blueprint guides and 3-D images of completed products. Flat panel displays cannot meet the requirements for augmented vision because they lack image brightness under high ambient light (e.g., a sunny day). The Microvision system provides bright, crisp images under any light condition. Uses can include making digitized repair manuals or construction teams checking, sharing and coordinating project blueprints on large, complex construction projects.
Wireless Communications
The burgeoning popularity of data communications and the possibility of handheld remote access to the Internet and other business networks have created substantial opportunity for new products. The Microvision technology is uniquely capable of meeting the demanding performance requirements for such mobile access. For example, wireless communications products such as cell phones can incorporate the Microvision technology, enabling business people to remotely access and view e-mail, Web pages, faxes and other graphical documents.
Consumer Electronics
Increasingly powerful graphics image processors are becoming more widely available at lower and lower costs. The popularity of personal computer- and console-based video games is expected to continue to grow, indicating a robust market. Microvision technology enables the development of gaming peripherals that would be lightweight, affordable and provide life-like realism to interactive gaming and educational products.
The Technology and Eye Safety
One measure of safe exposure to lasers is the maximum permissible exposure (MPE). This is the level of laser radiation to which a person may be exposed without hazardous effects or biological changes in the eye. MPE depends on wavelength, exposure time and the average power output of the laser. Microvision’s technology, for example, can safely use red, green and blue light for long exposure times because the average output power is very low.
While wavelengths in the infrared spectrum range can damage the cornea or the lens, RSD technology uses only visible light, therefore eliminating that risk of corneal damage. The two types of damage that can occur from lasers using visible light are flash and long term. Flash damage is a sudden, high power burn, most likely to be caused by Class IIIb or Class IV lasers. The power output of RSD technology is well below the power level of any of these types of lasers. Lower power lasers can cause long-term damage if the user repeatedly exceeds the MPE. Because of the efficiency of the RSD, there is no need to use high power in delivering the images to the eye and therefore all RSD-based products are well below the MPE.
Microvision System Safety Features
Almost all applications that used RSD technology do not require luminance in excess of 300 fL. One exception to this is the HMD for a jet fighter or an attack helicopter. These systems require very high luminance and therefore used more power to the eye. Systems incorporating RSD technology in these applications also have natural and built-in fail-safe features. First, shining a bright light into the eye generates a natural avoidance reaction; the viewer blinks or looks away. RSD technology also has both mechanical and electronic fail-safe mechanisms and safety features built into the system including:
A mechanical attenuator that decreases light power on a continuous basis,
A mechanical shutter that closes, cutting off the light source,
An acousto-optic modulator in the system electronics that shuts down and blocks transmitted light, and
A circuit that shuts down power to the light source.
These safety features activate if: (1) the intensity of the laser light exceeds a permissible threshold, (2) the scanner stops, (3) the lid of the unit opens, or (4) the connecting cable between the system electronics and the scanner is disconnected.
Microvision Customers, Partners and Contracts
The Boeing Company
The Boeing Information, Space and Defense Systems Division will use Microvision’s full-color helmet-mounted technology demonstration system to demonstrate new kinds of human interfaces for advanced aircrew systems. Boeing believes that the technology offers enormous potential for improving the man-machine interface in its most advanced aircrew systems, as well as other applications, and has committed to continued development of the Microvision technology.
Additionally, Microvision and Boeing have teamed to develop a “virtual cockpit” for helicopters and fixed-wing aircraft based on helmet-mounted display and upcoming image fusion and synthetic vision technologies. Pilots flying a virtual cockpit would see a synthetic view of the outside world without sighting-obscuring windscreen struts and glareshields. Looking down at the panel, the pilot would view a synthetic representation of multifunction displays similar to current panel hardware.
Saab and Ericsson Saab Avionics
In 1998, Microvision delivered its second HMD to Saab AB and Ericsson Saab Avionics AB for evaluation in their aircraft simulators. The prototype – a full color, high resolution HMD system – uses the retinal scanning display technology to deliver unprecedented image fidelity for fighter pilots. Microvision is also partnering with the two companies on a Phase II Small Business Innovation Research (SBIR) “Fast Track” contract with the U.S. Air Force to develop an ultra-high resolution HMD. This research will lead to a prototype of an HMD with a resolution of 1920 pixels by 1120 lines, achieving quality levels equal to HDTV. The three companies also have initiated a detailed study to define the requirements and potential design for a high resolution HMD for use in advanced aircraft display systems.
United States Air Force
Microvision will develop a full-color, high-definition HMD for pilot training applications as part of one of two SBIR contracts with the U.S. Air Force. Under the first contract, Microvision will demonstrate the feasibility of a lightweight HMD capable of presenting a full-color, high-definition display for use in military aircraft simulators and other pilot training applications.
The second contract is for the development of immersive, “wide field of view displays” for Command, Control, Communication, Computers & Intelligence (C4I) system applications. The goal is to increase the capabilities of Air Force C4I systems by implementing very wide field of view, interactive displays that allow field commanders to rapidly process and analyze large volumes of visual information during both simulated and real battlefield engagements.
United States Army
Under an SBIR contract from the U.S Army, Microvision will develop a full-color, high-definition HMD to present visual imagery to helicopter pilots in an operational flight simulator. The Phase I contract will demonstrate the feasibility of presenting various types of visual imagery and symbols to helicopter pilots through a lightweight, full-color, high-definition HMD. The contract seeks further to develop innovative display technology that may also serve a range of diverse applications in other areas of the military and commercial sectors including tele-maintenance, tele-medicine, and applications in various types of HMD systems.
Department of Defense/United States Army Battle Command Battle Lab
The U.S. Army Battle Command Battle Lab (BCBL) has contracted with Microvision to build a head-worn display to replace the desktop monitor at a workstation within its tactical operations center in Leavenworth, Kansas. The prototype display will be a lightweight, binocular device featuring full color and XGA resolution (1280 pixels x 1024 lines). Compared to a desktop monitor, Microvision’s display offers the portability of a small “goggles-type” package and has the potential to create a very large apparent field of view, making the display more suitable for viewing detailed and complex data sets. Microvision’s display also promises to deliver higher resolution, contrast and brightness of displayed images.
United States Army Aircrew Integrated Systems (ACIS) Program Office
Under a multi-million dollar Phase I and II contract, Microvision delivered a prototype display system for ACIS that incorporates a lightweight binocular, green monochrome, high-resolution (1280 pixels by 1024 lines) display. A phase III $1.5 million contract will fund continued work by Microvision and Boeing through the end of 1999, with the potential for additional funding to follow. According to government sources, only 3% of those company`s participating in SBIR program opportunities successfully reach the Phase III level which is intended to initiate the commercialization phase of the program.
“Unnamed” International Company
In 1998, Microvision delivered a binocular HMD demonstrator for jet fighter pilots to a large international avionics company. For confidentiality reasons, the name of the contracting company remains undisclosed. Microvision’s RSD technology basically replaced a pair of miniature CRTs now in use throughout the customer’s systems. Power requirements for the RSD system are much lower than the CRT, eliminating potentially dangerous levels of voltage near the pilot’s head. The technology also provides an upgrade path to full color, a capability that the current CRT system does not provide. These display features are critical performance and safety factors associated with helmet worn systems in the jetfighter cockpit environment.
United States Navy
Microvision delivered a lightweight, head-wearable prototype display to the U.S. Navy. The wearable RSD display system is being considered as a possible replacement for existing on-board display monitors on certain naval vessels. Microvision’s display is the only product that can achieve the Navy’s strict requirements for bright daylight “see through” readability. The Navy also stated in a signed memorandum that it has identified retinal scanning display technology as a “state-of-the-art” optical technology that serves as a “baseline” by which all other optical technologies will be measured. The Navy also stated that it recognizes RSD potential to improve Navy helmet display capabilities in numerous mission areas and advance warfighting capabilities of air, surface and sub-surface crewman by providing readable, scalable, full-color images of remote information directly onto the retina, thus bypassing conventional displays.
Cree Research
Microvision has formed a strategic partnering arrangement with Cree Research, Inc. (Nasdaq: CREE), the world leader in the development and manufacture of semiconductor materials and electronic devices made from silicon carbide (SiC). Under the terms of the arrangement Cree has made a $4.5 million equity investment in Microvision, purchasing common stock at $16.75 per share. Microvision has entered into a $2.6 million development contract with Cree to accelerate development of semiconductor light-emitting diodes (LEDs) and laser diodes for application in Microvision`s display and imaging products. The program will be focused on the development of blue and green laser diodes and edge-emitting light-emitting diodes that are suitable for Microvision`s scanned-beam display systems. Microvision will gain exclusive access to component technology developed in the program for "scanned-beam display" applications for three years following completion of the initial development contract.
ISOMPT Consortium
Microvision was selected to be a member of The Integrated Small Precision Optics Manufacturing Technology Consortium (ISPOMT), a team of world-leading research and product development companies led by the Rockwell Science Center (RSC), the principal research laboratory of Rockwell International. The goal of the consortium is to develop advanced small precision optical component technologies. The technologies under development by consortium members can help to support a variety of applications for Microvision`s micro-optical imaging systems, including the company`s RSD technology. In addition to Rockwell, the consortium members include Polaroid Corporation, Ford Motor Company, New Interconnect and Packaging Technologies, Inc. (NIPT), and the University of Washington/Human Interface Technology Laboratory (HITL). The consortium is partially funded by the U.S. Office of Naval Research, which assisted in bringing together the members.
Carl Zeiss
Microvision formed a key arrangement with two divisions of Carl Zeiss, Inc. to co-develop and commercialize a series of products featuring Microvision`s retinal scanning display technology for the ophthalmic diagnostics market and for the rapidly growing surgical visualization market. The Zeiss partnership is an excellent foundation as Microvision enters the medical imaging market with one of the world`s leading suppliers of precision optics and optical systems to the healthcare industry. In the surgical visualization area, Zeiss will target neurosurgery principally. Microvision is currently targeting the early part of 2001 for introduction of the first medical products featuring Microvision`s retinal scanning display technology.
Shiley Eye Center, UCSD
At the annual meeting for the Association for Research in Vision and Ophthalmology, faculty of the Shiley Eye Center, Department of Ophthalmology, School of Medicine at the University of California, San Diego (UCSD), presented first year results of an ongoing study to detect retinal diseases and vision disorders using an Entoptic Perimetry Self-Test Workstation that combines entoptic perimetry techniques and software developed at UCSD with Microvision`s Retinal Scanning Display technology. Under a confidential arrangement, Microvision loaned the UCSD group a portable retinal scanning display system to perform the studies. The goal of the program was to discover a noninvasive and highly accurate way to detect retinal diseases. Microvision`s RSD solution provided the answer. Patients looked directly into Microvision`s device, which scanned the entoptic perimetry stimulus onto the patient`s retina. Patients without retinal damage saw moving particles throughout their field of vision. However, patients with areas of retinal damage were actually able to paradoxically see their own blind areas and localize them. Using a pen-based computer program, patients were asked to trace the borders of any visual disturbances, in effect, creating a digital map of their own retina, which accurately detailed the locations of damaged tissue. These images were then compared with the "gold standard" -- photographs taken from a fundus camera with outstanding results. The device was shown to allow rapid and accurate retinal screening superior to traditional methods such as the Amsler grid and much more rapidly and conveniently than computerized visual field perimetry. The self-administered test took less than one minute, and showed statistically significant results of a 93% sensitivity and a 100% specificity for the patient to locate scotomas (blind areas) due to retinal damage within the central 120 degrees diameter of vision. During the last year, clinicians at the Shiley Institute performed entoptic perimetry screening tests on 58patients with a variety of retinal diseases including AIDS-related CMV retinitis, diabetic retinopathy, ocular melanoma (the most common eye cancer),blood vessel disorders, retinal detachment, macular hole, age-related and macular degeneration.
Wallace-Kettering Neuroscience Institute
Microvision delivered to the Wallace-Kettering Neuroscience Institute an advanced head-wearable display for use in neurosurgery. The display, which incorporates Microvision’s RSD technology, will allow surgeons to conveniently view anatomical images and other relevant data during surgery. Microvision and Wallace-Kettering Neuroscience Institute will also partner with Carl Zeiss in several advanced visualization product initiatives.
"Unnamed" Medical Company
A leading surgical and medical products company has signed a contract for the delivery of multiple copies of a light weight head-worn display system incorporating the Retinal Scanning Display technology. For competitive reasons the name of the company and specific details of the contract were not disclosed, but Microvision said that the company plans to utilize the wearable display systems during clinical trials for several medical applications. The head-worn display is used to overlay computer generated information over the real world while leaving the user`s hands free. Display imagery will be clearly visible in a full range of ambient light conditions. Wearable displays of the same design were recently demonstrated by the company in an industrial measurement application and the company plans to continue marketing the basic platform in the industrial, medical and military markets.
The Company
Microvision, Inc. (NASDAQ: MVIS) was incorporated in May 1993 in Seattle, Washington, and went public in August 1996. Prior to that, the company was funded through a group of private investors and government research grants. Because of the unique nature of retinal scanning display technology, Microvision has been able to attract a highly qualified, group of talented professionals. The company team has grown from to more than 100 employees since its IPO.
Microvision continues to pursue major near-term opportunities in the military markets, as well as in specific commercial categories requiring high performance and specialized display products. As retinal scanning technology is incorporated into a broader range of professional and industrial markets, the company anticipates low-cost display systems to successfully penetrate the consumer market for entertainment and multimedia applications. Microvision currently develops a revenue stream from development contracts and fees for engineering services and licensing arrangements and from product royalties. The company’s current headquarters are in Bothell, WA.
Senior Management Biographies
Richard F. Rutkowski, President and Chief Executive Officer
Rutkowski joined Microvision in December 1994 as chief operating officer. He was named a director in August 1995 and chief executive officer in September. In July 1996, he was elected president. Prior to that, he served as executive vice president of Medialink Technologies Corporation (formerly Lone Wolf Corporation), a developer of high-speed digital networking technology for multimedia applications in audio/video computing, consumer electronics and telecommunications. Rutkowski also was principal of the consulting firm of Rutkowski, Erickson, Scott.
Stephen R. Willey, Executive Vice President
Willey joined the company as a director in June 1995 and became executive vice president the following October. Prior to that, he served as an outside consultant to the company through The Development Group (DGI) a business and technology consulting firms that he founded. As principal of DGI, Willey provided senior management consulting services to CREO Products, Inc., an electro-optics equipment manufacturer, between June 1989 and December 1992. In 1993, Willey co-founded PRO.NET Communications, Inc., an Internet service company, and continues to serve as a director of PRO.NET.
Willey holds an M.B.A. from the University of California, Los Angeles, and an M.A.Sc. in electronics from the University of British Columbia, Vancouver. His B.A. in engineering (physics) came from McMaster University, Hamilton.
Richard A. Raising, Chief Financial Officer (CFO) and Vice President of Operations
Raising joined the company as a director in March 1996 and was named CFO and vice president of operations in August of the same year. His career spans nearly 25 years. Most recently, he was CFO of Videx Equipment Corporation, a manufacturer and rebuilder of wire processing equipment for the cabling industry. Prior to that he served as CFO and senior vice president of Finance for Killion Extruders, Inc., a manufacturer of plastic extrusion equipment. He also was managing director of Crimson Capital Company, an investment banking firm and a senior vice president of Dean Witter Reynolds, Inc.
He holds an M.B.A. in finance from the University of Southern California, an M.S. in accounting from California State University, Long Beach, and a B.A. in economics from the University of California, Irvine. Rasing is a certified public accountant.
Todd R. McIntyre, Vice President of Business Development
McIntyre joined the company in January 1996 as vice president of business development and has invested more than a decade of experience with companies in emerging markets. He has held business development and marketing positions with development stage companies including: Southern Limited partnership, a magazine and book publisher; Sasquatch Publishing Company, Inc., a magazine and book publisher; SPRY Inc., an Internet software products publisher; and Notable Technologies, Inc., a wireless telecommunications products manufacturer.
Andrew Lee, Vice President of Sales
Lee joined Microvision in January 1997. Prior to that, he was senior director, national systems sales, for AEI Music Network, Inc., the largest audio-visual systems integrator in the United States. He also served as director of sales and marketing for ADB Industries Inc., a manufacturer of precision assemblies for the defense and aerospace industries.
Art Minich, Vice President Research and Product Development
Minich joined Microvision in March 1999. From 1997 to 1998, he was with Laser Power Corporation in San Diego, where he served as president and general manager for the company’s display division, as well as acting vice president of operations for Laser Power’s microlaser division. Prior to Laser Power, Minich was the chief technical officer and vice president of research and development for Proxima Corporation in San Diego. He also was the founder, president and chairman of Pivotal Corp. in Seattle from 1990 to 1992; business unit/group general manager for Eastman Kodak from 1988 to 1990; president and chief executive officer for Daystar Systems Technology in Lake Oswego, Ore., from 1985 to 1986; division general manager for Tektronix from 1982 to 1985; and vice president of research and development and software sciences for Auto-trol Technology Corp. in Denver from 1977 to 1982. He began his career at Hewlett-Packard in Loveland, Colo., where he spent 12 years in numerous research and development and manufacturing positions.
To Press Kit
Die Amis "lecken Blut"...
SAN FRANCISCO (CBS.MW) -- Nothing sends investors in search of the “next big thing” like a robust Nasdaq surge.
When the market dove to bile-inducing depths earlier this year, the search was temporarily put on hold -- market players were far too busy juggling the losses to be bothered with seeking out the next wave of future movers.
Ah, but it doesn’t take much to get the herds back in “show me the money” mode.
On Monday, investors were treated to a solid triple-digit gain in both of the major indices, the likes of which haven’t been seen in weeks (weeks that, to many, myself included, have felt like years.)
Brimming with renewed confidence, folks were drawn to the message boards in hopes of finding that perfect “recoup-the-losses” vehicle. Could they have uncovered a gem in Microvision (MVIS: news, msgs)?
If you stick your ear close enough to the monitor you just might hear a resounding: “uh … maybe.”
no comment...
Isaac
SAN FRANCISCO (CBS.MW) -- Nothing sends investors in search of the “next big thing” like a robust Nasdaq surge.
When the market dove to bile-inducing depths earlier this year, the search was temporarily put on hold -- market players were far too busy juggling the losses to be bothered with seeking out the next wave of future movers.
Ah, but it doesn’t take much to get the herds back in “show me the money” mode.
On Monday, investors were treated to a solid triple-digit gain in both of the major indices, the likes of which haven’t been seen in weeks (weeks that, to many, myself included, have felt like years.)
Brimming with renewed confidence, folks were drawn to the message boards in hopes of finding that perfect “recoup-the-losses” vehicle. Could they have uncovered a gem in Microvision (MVIS: news, msgs)?
If you stick your ear close enough to the monitor you just might hear a resounding: “uh … maybe.”
no comment...
Isaac
@isaac: ha ich heute auch schon gelesen! Sehr interessant finde ich auch den letzten Teil des Berichts (hier nicht angeführt), bei dem MVIS mit Qualcomm verglichen wird. Gerade deshalb, weil der Vergleich eigentlich von mir stammt und 5 Monate alt ist. Nur habe ich vor lauter Asien meinen alten thread Microvision - neue Quamnet statt Quallcomm genannt. Mir sei verziehen!
Die Amis lieben MVIS! Aktuell bei über 47$ (+8%) bei sehr ordentlichen Umsätzen. Gut möglich das wir eine rally bis zum ATH 68$ kurzfristig sehen werden. Am Jahresende, diese Prognose ist aber auch schon alt, haben wir bei MVIS einen 3stelligen Kurs. Die Aktie wäre dann an der Börse mit etwa 1 Mrd $ bewertet, ein vorläufig fairer Kurs. Aber mal sehen welche Hammermeldungen noch alles kommen
Gruß
M_III
Die Amis lieben MVIS! Aktuell bei über 47$ (+8%) bei sehr ordentlichen Umsätzen. Gut möglich das wir eine rally bis zum ATH 68$ kurzfristig sehen werden. Am Jahresende, diese Prognose ist aber auch schon alt, haben wir bei MVIS einen 3stelligen Kurs. Die Aktie wäre dann an der Börse mit etwa 1 Mrd $ bewertet, ein vorläufig fairer Kurs. Aber mal sehen welche Hammermeldungen noch alles kommen
Gruß
M_III
D`accord, Michael - an dieser Stelle auch noch einmal ein herzliches Dankeschön für den heissen Tip. Microvision hat ggf. sogar *noch* eine ganz heisse Story auf Lager - ist mir so gekommen, als ich mit einem Freund über die Techniken diskutiert habe: Da die Optik direkt in die Pupille strahlt, könnten durch die Technologie ggf. sogar gewisse Defizite bei Sehbehinderungen ausgeglichen werden - ...!!!
Werde die Frage nach den damit verbundenen Möglichkeiten mal in meinen Katalog aufnehmen...
+ 11,7 % bei einem 5-fachem des durchschnittlichen Handelsvolumens - die Amis sind ganz verrückt nach MVIS. Noch eine Meldung in den nächsten Tagen - so bspw eine weitere Empfehlung - und wir erleben hier eine Hausse wie in den besten Zeiten der Interneteuphorie. Sollte das Ganze überhand nehmen, kann eine kurzfristige Gewinnmitnahme nichts schaden - aber das werde ich erst dann ins Auge fassen, wenn Deine Jahresendprognose zu kurzfristig erreicht werden sollte und nicht durch weitere Hämmer fundiert wird.
cu all
Isaac
Werde die Frage nach den damit verbundenen Möglichkeiten mal in meinen Katalog aufnehmen...
+ 11,7 % bei einem 5-fachem des durchschnittlichen Handelsvolumens - die Amis sind ganz verrückt nach MVIS. Noch eine Meldung in den nächsten Tagen - so bspw eine weitere Empfehlung - und wir erleben hier eine Hausse wie in den besten Zeiten der Interneteuphorie. Sollte das Ganze überhand nehmen, kann eine kurzfristige Gewinnmitnahme nichts schaden - aber das werde ich erst dann ins Auge fassen, wenn Deine Jahresendprognose zu kurzfristig erreicht werden sollte und nicht durch weitere Hämmer fundiert wird.
cu all
Isaac
So einen schönen abend nach der Schmach im Fußball!
MVIS heute wieder kräftig nach oben (+11,86%) bei über einer halben Mio gehandelten shares! Durch Gewinnmitnahmen ist noch niemand arm geworden.... aber das Volumen ist wirklich sehr stark!
Laser in der Medizin werden zum Zerstören von Gewebe verwendet, findet auch in der Behandlung von Augenproblemen statt. Da MVIS mit einer sehr niedrigen und völlig ungefährlichen Energiestärke arbeitet gehe ich nicht von dieser Anwendungsmöglichkeit aus, auf diesem Gebiet forschen viele Institute.
Gemäß Deiner Vision isaac müßte man das komplette Sichtfeld des Betrachters scannen und dann auf die Pupille übertragen. Mal sehen was MVIS darauf antwortet, meines Wissens forscht MVIS aber (noch) nicht auf diesem Gebiet. Sicherlich aber eine hoffnungsvolle, sinnvolle Innovation!
MVIS beliefert Mediziner mit dem Display, so dass diese sich bei einer Operation Daten anzeigen lassen können ohne den Blick auf den zu behandelden Patienten zu verlieren. Hat auch schon was.
Gruß
Michael_III
ps. das Anwendungsfeld übersteigt fast schon unsere Vorstellungskraft!
MVIS heute wieder kräftig nach oben (+11,86%) bei über einer halben Mio gehandelten shares! Durch Gewinnmitnahmen ist noch niemand arm geworden.... aber das Volumen ist wirklich sehr stark!
Laser in der Medizin werden zum Zerstören von Gewebe verwendet, findet auch in der Behandlung von Augenproblemen statt. Da MVIS mit einer sehr niedrigen und völlig ungefährlichen Energiestärke arbeitet gehe ich nicht von dieser Anwendungsmöglichkeit aus, auf diesem Gebiet forschen viele Institute.
Gemäß Deiner Vision isaac müßte man das komplette Sichtfeld des Betrachters scannen und dann auf die Pupille übertragen. Mal sehen was MVIS darauf antwortet, meines Wissens forscht MVIS aber (noch) nicht auf diesem Gebiet. Sicherlich aber eine hoffnungsvolle, sinnvolle Innovation!
MVIS beliefert Mediziner mit dem Display, so dass diese sich bei einer Operation Daten anzeigen lassen können ohne den Blick auf den zu behandelden Patienten zu verlieren. Hat auch schon was.
Gruß
Michael_III
ps. das Anwendungsfeld übersteigt fast schon unsere Vorstellungskraft!
Hmmm - eigentlich habe ich da an etwas weniger Radikales gedacht:
Die lasergesteuerte Projektion kann - analog einem Monitor - bezüglich Helligkeit, Farbgebung aber auch Focussierung ect. evtl vorhandenen Sehschäden angepasst werden. Der Vorteil gegenüber einer Displaylösung (wie z.B. bei einer Glasstron Brille von Sony) ist die, das der laser das Bild nicht vor, sondern IM Auge erzeugt. Damit ergibt sich zumindest theoretisch ein frei individualisierbares Lösungsmodell für Personen mit erheblicher Sehbehinderung, für welche die üblichen Linsenlösungen nicht mehr ausreichen - dies hat auch was mit der Lichtaufnahme zu tun, ein Aspekt, den die Lasertechnologie im Gegensatz zur konventionellen Linsentechnik problemlos ausgleichen kann.
Im übrigen wären durch die Verbindung des Systems mit einem Scanner auch völlig individualisierbare Bildanpassungen möglich - von regelrechten "Teleskopfunktionen" (Army!) über im Modul integrierbare Nachtsicht/Infrarotsensoriken (Army!) bis hin zu wasweissichnochwas...
Wie gesagt: Reine Theorie - aber wenn wir nun mal schon dabei sind
Die lasergesteuerte Projektion kann - analog einem Monitor - bezüglich Helligkeit, Farbgebung aber auch Focussierung ect. evtl vorhandenen Sehschäden angepasst werden. Der Vorteil gegenüber einer Displaylösung (wie z.B. bei einer Glasstron Brille von Sony) ist die, das der laser das Bild nicht vor, sondern IM Auge erzeugt. Damit ergibt sich zumindest theoretisch ein frei individualisierbares Lösungsmodell für Personen mit erheblicher Sehbehinderung, für welche die üblichen Linsenlösungen nicht mehr ausreichen - dies hat auch was mit der Lichtaufnahme zu tun, ein Aspekt, den die Lasertechnologie im Gegensatz zur konventionellen Linsentechnik problemlos ausgleichen kann.
Im übrigen wären durch die Verbindung des Systems mit einem Scanner auch völlig individualisierbare Bildanpassungen möglich - von regelrechten "Teleskopfunktionen" (Army!) über im Modul integrierbare Nachtsicht/Infrarotsensoriken (Army!) bis hin zu wasweissichnochwas...
Wie gesagt: Reine Theorie - aber wenn wir nun mal schon dabei sind
Ich bin total verwirrt!!! MVIS bei Comdirect: 50
MVIS im QuoteCenter: 46
Welcher wert stimmt nun - ist es normal, dass sich die Werte um ca. 10% unterscheiden???
Ich habe MVIS beim Quotecenter zuletzt um 21.00 Uhr betrachtet (Kursstand 50) und die Nasdaq ist in der letzten Stunde doch hochgegangen!!
Kann es schon der vorbörsliche Handel sein (Future steht ja 0,7% im Minus) ???
Bid 45,5
Ask 52
Kann mir bitte jemand weiterhelfen
MVIS im QuoteCenter: 46
Welcher wert stimmt nun - ist es normal, dass sich die Werte um ca. 10% unterscheiden???
Ich habe MVIS beim Quotecenter zuletzt um 21.00 Uhr betrachtet (Kursstand 50) und die Nasdaq ist in der letzten Stunde doch hochgegangen!!
Kann es schon der vorbörsliche Handel sein (Future steht ja 0,7% im Minus) ???
Bid 45,5
Ask 52
Kann mir bitte jemand weiterhelfen
Hallo Zusammen.
Ich gehöre jetzt auch dazu. Jippii. Welcher Trottel hat mir gerade in Berlin seine 100 MVIS verkauft ?
An Psycho: Hast du vielleicht Euro/$-Kurse durcheinander geworfen ?
Ansonsten gilt: Anschnallen (wegen der Sicherheit)
Der Fulminator
Ich gehöre jetzt auch dazu. Jippii. Welcher Trottel hat mir gerade in Berlin seine 100 MVIS verkauft ?
An Psycho: Hast du vielleicht Euro/$-Kurse durcheinander geworfen ?
Ansonsten gilt: Anschnallen (wegen der Sicherheit)
Der Fulminator
Hallo M_3,
du als MVIS Authorität,
könntest Du nicht einen neuen MVIS-Thread aufzumachen (die Ladezeiten werden etwas lang) ?
Fulminator
du als MVIS Authorität,
könntest Du nicht einen neuen MVIS-Thread aufzumachen (die Ladezeiten werden etwas lang) ?
Fulminator
Hallo Fulminator!
Lade Dir doch einfach immer nur die letzten 20 Beiträge rein, indem Du auf das Papier neben der Anzahl der Beiträge klickst!
Ansonsten hast Du mit MVIS keinen Fehler gemacht, auch wenn Dein Timing momentan ungünstig scheint..... ist eben ein sehr volantiler Wert! Offiziell haben wir ja auch noch kein massenmarktreifes End-Produkt, aber daran zweifelt niemand, der gut informiert ist........
@psycho: gegen Ende der Börsenhandelszeit werden gelegentlich wirre bits / asks rausgegeben, um einen Unlimitierten zu erwischen.
Allg.: lieber an NASDAQ ordern, da wenig Handel in Deutschland.
Könnte kurzfristig ein wenig nach unten gehen. bei 40$ spätestens ist aber Schluß
Gruß
M_III
Lade Dir doch einfach immer nur die letzten 20 Beiträge rein, indem Du auf das Papier neben der Anzahl der Beiträge klickst!
Ansonsten hast Du mit MVIS keinen Fehler gemacht, auch wenn Dein Timing momentan ungünstig scheint..... ist eben ein sehr volantiler Wert! Offiziell haben wir ja auch noch kein massenmarktreifes End-Produkt, aber daran zweifelt niemand, der gut informiert ist........
@psycho: gegen Ende der Börsenhandelszeit werden gelegentlich wirre bits / asks rausgegeben, um einen Unlimitierten zu erwischen.
Allg.: lieber an NASDAQ ordern, da wenig Handel in Deutschland.
Könnte kurzfristig ein wenig nach unten gehen. bei 40$ spätestens ist aber Schluß
Gruß
M_III
Hallo M_3,
ist mir ehrlich gesagt völlig egal, ober der Wert mal für ein paar Wochen um 10 oder 20 % abschmiert, in ein paar Monaten sind das nur noch minimale Zacken im Chart.
ist mir ehrlich gesagt völlig egal, ober der Wert mal für ein paar Wochen um 10 oder 20 % abschmiert, in ein paar Monaten sind das nur noch minimale Zacken im Chart.
D`accord,
das gegenüber dem fulminanten Anstieg vor 2 Tagen geradezu lächerliche Volumen spricht für sich. Die Korrektur war allerdings klar, zumal der Kurs nicht durch weitere Meldungen gestützt wurde. wesentlich für die Entwicklung von MVIS in den nächsten Wochen ist die Launchierung aussagekräftiger Pressmeldungen, welche die kürzlich veröffentlichen Visionen und perspektiven weiter fundieren. Bleiben diese aus, sehen wir wohl auch wieder Kurse unter der 30er-Marke.
An den mittelfristig hochinteressanten Perspektiven ändert dies jedoch überhaupt nichts. Ich habe meinen Bestand in die Gefrierkammer gelegt und werde bei weiteren Meldungen nachkaufen. M.E. hat sich die Anlegerschaft erstmal auf gespanntes Abwarten eingestellt, die weitere Kursentwicklung definiert sich somit im wesentlichen aus den künftigen Meldungen des Unternehmens.
Wunschtraum: Die Vorstellung eines funktionsfähigen Prototyps des MVIS-WebPad-Visual-Displays - dann gibt`s eine Kursexplosion...
das gegenüber dem fulminanten Anstieg vor 2 Tagen geradezu lächerliche Volumen spricht für sich. Die Korrektur war allerdings klar, zumal der Kurs nicht durch weitere Meldungen gestützt wurde. wesentlich für die Entwicklung von MVIS in den nächsten Wochen ist die Launchierung aussagekräftiger Pressmeldungen, welche die kürzlich veröffentlichen Visionen und perspektiven weiter fundieren. Bleiben diese aus, sehen wir wohl auch wieder Kurse unter der 30er-Marke.
An den mittelfristig hochinteressanten Perspektiven ändert dies jedoch überhaupt nichts. Ich habe meinen Bestand in die Gefrierkammer gelegt und werde bei weiteren Meldungen nachkaufen. M.E. hat sich die Anlegerschaft erstmal auf gespanntes Abwarten eingestellt, die weitere Kursentwicklung definiert sich somit im wesentlichen aus den künftigen Meldungen des Unternehmens.
Wunschtraum: Die Vorstellung eines funktionsfähigen Prototyps des MVIS-WebPad-Visual-Displays - dann gibt`s eine Kursexplosion...
Hallo miteinander!
MVIS ist ein Wert, den man langfristig ins Depot legen muß, aber mit Teilbeständen durchaus etwas flexibel umgehen kann. D.h. bei Kursschwäche nachkaufen, nach gewaltigen Anstiegen kann man auch wieder Stücke abgeben. Durch Gewinnmitnahmen ist bekanntlich noch niemand arm geworden!
starken Widerstand sehe ich bei 40$, der Widerstand nach oben waren nun jetzt die 50$. Sollten Meldungen ausbleiben haben wir in etwa diese Tradingrange. Ansonsten sehe ich die Sache so wie isaac, wobei ich zu 100% weiß, dass die Produktlaunchierung bald kommt. MVIS ist weiter wie geplant!
Freut Euch wenn ihr bei 40$ nochmal billig nachfassen könnt und ordert an NASDAQ.
Viel Spaß mit MVIS
Gruß
Michael_III
MVIS ist ein Wert, den man langfristig ins Depot legen muß, aber mit Teilbeständen durchaus etwas flexibel umgehen kann. D.h. bei Kursschwäche nachkaufen, nach gewaltigen Anstiegen kann man auch wieder Stücke abgeben. Durch Gewinnmitnahmen ist bekanntlich noch niemand arm geworden!
starken Widerstand sehe ich bei 40$, der Widerstand nach oben waren nun jetzt die 50$. Sollten Meldungen ausbleiben haben wir in etwa diese Tradingrange. Ansonsten sehe ich die Sache so wie isaac, wobei ich zu 100% weiß, dass die Produktlaunchierung bald kommt. MVIS ist weiter wie geplant!
Freut Euch wenn ihr bei 40$ nochmal billig nachfassen könnt und ordert an NASDAQ.
Viel Spaß mit MVIS
Gruß
Michael_III
Hallo Leute,
ist es mit der MV-Technologie nur möglich 15" Bilder ins Auge zu projezieren oder auch größere Bilder (Kinoeffekt wie in Visawerbung)?
Danke im vorraus.
for4
ist es mit der MV-Technologie nur möglich 15" Bilder ins Auge zu projezieren oder auch größere Bilder (Kinoeffekt wie in Visawerbung)?
Danke im vorraus.
for4
Gleich noch eine Frage zu UMTS!
Gibt es diesen neuen Standard nur in Europa?
Wie sieht es mit Japan und speziell den USA aus?
for4
Gibt es diesen neuen Standard nur in Europa?
Wie sieht es mit Japan und speziell den USA aus?
for4
Hallo Michael_III,
ich weiß doch daß du hier im Board rumgeisterst. Vielleicht kannst du mir ja auf meine 2 Fragen antworten.
Danke.
For4
ich weiß doch daß du hier im Board rumgeisterst. Vielleicht kannst du mir ja auf meine 2 Fragen antworten.
Danke.
For4
Hi For4,
bin zwar nicht Michael, lasse mich aber gerne von ihm korrigieren:
zu 1: Prinzipiell ist JEDE Displaygröße darstellbar, zumal die Technologie - im Gegensatz zu Mini-LCD-Displays - direkt ins Auge strahlt und damit das GESAMTE Sehfeld einnimmt. Derzeit gibt es bei den Prototyp-Experimenten allerdings noch eine Einschränkung auf SVGA-Auflösung (800x600) die aber alsbald durch eine XGA-Auflösung (1024x768) ersetzt werden soll. Damit sind ohne weiteres virtuelle 17-20`` Darstellungen möglich, wenn die Technologie hält, was die Theorie verspricht, ist dies aber auch alsblad überholt.
zu 2: Ja, Soweit ich weiß, ist die Einführung in diesen Ländern auch für 2002 vorgesehen. UTMS soll allgemeiner Weltstandard werden und die bisherigen Verfahren ablösen. Das die Geschichte in den USA und Japan ohnehin zwangsläufig eingeführt werden müsste, ist eine logische Schlussfolgerung...
cu
Isaac
bin zwar nicht Michael, lasse mich aber gerne von ihm korrigieren:
zu 1: Prinzipiell ist JEDE Displaygröße darstellbar, zumal die Technologie - im Gegensatz zu Mini-LCD-Displays - direkt ins Auge strahlt und damit das GESAMTE Sehfeld einnimmt. Derzeit gibt es bei den Prototyp-Experimenten allerdings noch eine Einschränkung auf SVGA-Auflösung (800x600) die aber alsbald durch eine XGA-Auflösung (1024x768) ersetzt werden soll. Damit sind ohne weiteres virtuelle 17-20`` Darstellungen möglich, wenn die Technologie hält, was die Theorie verspricht, ist dies aber auch alsblad überholt.
zu 2: Ja, Soweit ich weiß, ist die Einführung in diesen Ländern auch für 2002 vorgesehen. UTMS soll allgemeiner Weltstandard werden und die bisherigen Verfahren ablösen. Das die Geschichte in den USA und Japan ohnehin zwangsläufig eingeführt werden müsste, ist eine logische Schlussfolgerung...
cu
Isaac
Hallo zusammen!
War paar Tage weg. Isaac hat eigentlich alles gesagt, die disüplay-Größe wird vom Benutzer frei einstellbar sein. Muß jetzt noch in mission impossible 2 gehen und mir die Brille von Tom Cruise anschauen - soweit ich sie gesehen habe entspricht dies in etwa dem was MVIS in zwei drei Jahren in Serie bringen wird.
Gruß M_III
War paar Tage weg. Isaac hat eigentlich alles gesagt, die disüplay-Größe wird vom Benutzer frei einstellbar sein. Muß jetzt noch in mission impossible 2 gehen und mir die Brille von Tom Cruise anschauen - soweit ich sie gesehen habe entspricht dies in etwa dem was MVIS in zwei drei Jahren in Serie bringen wird.
Gruß M_III
Hallo ihr beiden,
ihr führt ja hier mehr ein Selbstgespräch. Ich möchte jetzt
in Microvision einsteigen. Ist es sinnvoll in den USA zu ordern? Wie sesieht es eigentlich mit Patenten oder der Konkurrenz von MVIS aus. Ich kann mir vorstellen, dass auch andere an dieser Technologie arbeiten und damit ist dann die Frage, ob der Kurs gerechtfertigt ist. Anfang de Jahres hab ich mal eine Liste von Tips von einem Visionär gelesen, der hatte MVIS und Snthetic Blood als Ten-Bagger mit bisher unerkanntem Potential vorgestellt.
ihr führt ja hier mehr ein Selbstgespräch. Ich möchte jetzt
in Microvision einsteigen. Ist es sinnvoll in den USA zu ordern? Wie sesieht es eigentlich mit Patenten oder der Konkurrenz von MVIS aus. Ich kann mir vorstellen, dass auch andere an dieser Technologie arbeiten und damit ist dann die Frage, ob der Kurs gerechtfertigt ist. Anfang de Jahres hab ich mal eine Liste von Tips von einem Visionär gelesen, der hatte MVIS und Snthetic Blood als Ten-Bagger mit bisher unerkanntem Potential vorgestellt.
order in USA
Konkurrenz auf diesem Gebiet: NEIN
Kurs gerechtfertigt? Muß jeder selber wissen. Der Kurs spiegelt die Meinung der Anleger wieder, sowas nennt sich dann Börse.
vds ist meines Wissens patentiert
Selbstgespräch? Ja,ist mir aber egal. Performance stimmt,ich habe seit Februar auf diesen Wert hingewiesen.
Aktuell: Widerstand bei 50$ wurde genommen, bald könnten wir wieder das ATH von 65$ sehen, es fehlen noch 30%. Gestern hatten wir wieder ganz ordentliche Umsätze.
Gruß
Michael
Konkurrenz auf diesem Gebiet: NEIN
Kurs gerechtfertigt? Muß jeder selber wissen. Der Kurs spiegelt die Meinung der Anleger wieder, sowas nennt sich dann Börse.
vds ist meines Wissens patentiert
Selbstgespräch? Ja,ist mir aber egal. Performance stimmt,ich habe seit Februar auf diesen Wert hingewiesen.
Aktuell: Widerstand bei 50$ wurde genommen, bald könnten wir wieder das ATH von 65$ sehen, es fehlen noch 30%. Gestern hatten wir wieder ganz ordentliche Umsätze.
Gruß
Michael
Wiso in America ordern, Michael?
Ich hab meine ohne Probleme in Deutschland geordert und daß zu einem super Preis!
SFD
Ich hab meine ohne Probleme in Deutschland geordert und daß zu einem super Preis!
SFD
Kommt auf Stückzahl an - aber natürlich kann man auch in D zuschlagen,ohne Frage(habe auch schon welche zum Freundschaftspreis bekommen). Ist eigentlich auch nur nebensächlich. Wenn ein Limit dabei ist ists sowieso auch in D ungefählich.
@ flow_sower
MVIS hat in dem Bereich zumindest technologisch betrachtet keine Konkurrenz. Wobei ich allerdings der Meinung bin, daß die auf Mini-LCD-Display basierenden Alternativtechniken im kommerzielen Bereich den Markt bestimmen dürften. Die Ansprüche an Hochleistungslösungen für Medizin, Luaft- und Raumfahrttechnik sowie das Militär können durch die Lasertechnologie jedoch erheblich besser erfüllt werden - was sich ja auch an den derzeitigen Schwerpunkten im Entwicklungsbereich eindeutig erkennen lässt.
Der Knaller schlechthin - monookulare Direktprojektion bei WebPads oder auch UMTS-Handys (die Schreibweisen sind so unsicher wie die Gerüchte um die Einführung) ist jedoch eine Geschichte, die einen so gigantischen Markt aufweist, daß MVIS mit der Vorstellung des ersten funktionsfähigen Prototypen als nahezu sicheres Investment bezeichnet werden muß. Die Pechnologie funktioniert analog DLP-Projektoren auf einem Reflektionsprinzip, welches die lichtstrahlen dreier unterschiedlicher Lichtquellen (blau, grün, rot - in diesem Fall keine Laser, sondern leistungsstarke LED`s!) über ein Prisma gebündelt auf eine rotierende Drehscheibe sendet, die weiderum aus tausenden kleiner Spiegel zusammengesetzt ist. Je nachdem, wie die Spiegel (analog LCD-Displays) durch elektrische Strömungen aktiviert werden, klappen diese entweder auf - und geben die Frabe des empfangenen Lichstrahlen wieder - oder zu - und geben ncihts bzw. schwarz wieder. Wie man an der überaus erfolgreichen Einführung der DLP-Technologie auf dem Projektorenmarkt nachvollziehen kann, funktioniert dieses Prinzip nicht nur in der Tehorie, sondern zeichnet sich in der Praxis in einer Überlegenheit der Geräte in den Bereichen Kontrast und Bildqualiät aus; Der Gedanke, die Grundlagen dieses Prinzips auf die Realisierung von direkt ins Auge strahlenden "Mini-Projektoren" zu übertragen, liegt eigentlich gar nicht so fern. Ein funktionsfähiges, auf Basis dieser Technologie basierendes Gerät wird ungefähr so aussehen wie auf der nachfolgenden Abbildung, die ich schonmal in diesen Thread eingestellt hatte:
Es ist offensichtlich, was die realisierung eines derartigen gerätes für die Zukunft der Mobiltechnologie bedeuten würde - insbesondere angesichts der aus UMTS resultierenden Möglichkeiten und den Anforderungen nach immer kleineren, immer leistungsfähigeren "PC-Compagnions". Das MVIS hier nicht leere Versprechungen macht, zeigen die Abkommen mit Siemens (und den Partnern des Konsortiums Motorola, Daimler, VW u.v.a.) und vor allem auch der Einstieg von Cree und General Electric, die 25 Millionen USD in die Realisierung dieses Projektes investiert haben. Sobald die Technologie marktreif ist - und hierbei gehe ich von einem Zeitraum innerhalb der nächsten 12 Monate aus, wird das Unternehmen explodieren, mit Einführung von UMTS ist die Integration der Visuailisierungstechnologie in jedes Webpad bzw. höherwertige Mobiltelefon geradezu Pflicht. Eine gute Patentabsicherung vorausgesetzt - und davon sollte man angesichts der Partner ausgehen können, wird sich MVIS mit diesen Lösungen einen Markt erschliessen, der geradezu gigantische Potentiale birgt.
Derzeit noch primär durch seine Entwicklungstätigkeiten geprägt, werden wir also spüätestens mit der offiziellen Vorführung des ersten funktionsfähigen Prototyps nach obigem Schema mit einer Kursexplosion rechnen können, die sich gewaschen haben wird. Die jüngst veröffentlichten Nachrichten zur Technologie sowie den Partnerschaften bieten ausreichende Sicherheit für den Aufbau erster Positionen; jetzt gilt es, die Aktie genau im Auge zu behalten, um bei einer weiteren Verdichtung von Hinweisen auf Durchbrüche in den Entwicklungen (offizielle Vorstellung Prototyp und Vermarktungsstrategie) schnellstmöglichst reagieren zu können...
Werde wohl alsbald mächtig aufstocken, von daher werde ich an einem Direktkauf an der Nasdaq wohl kaum vorbeikommen...
Gruß
Isaac
MVIS hat in dem Bereich zumindest technologisch betrachtet keine Konkurrenz. Wobei ich allerdings der Meinung bin, daß die auf Mini-LCD-Display basierenden Alternativtechniken im kommerzielen Bereich den Markt bestimmen dürften. Die Ansprüche an Hochleistungslösungen für Medizin, Luaft- und Raumfahrttechnik sowie das Militär können durch die Lasertechnologie jedoch erheblich besser erfüllt werden - was sich ja auch an den derzeitigen Schwerpunkten im Entwicklungsbereich eindeutig erkennen lässt.
Der Knaller schlechthin - monookulare Direktprojektion bei WebPads oder auch UMTS-Handys (die Schreibweisen sind so unsicher wie die Gerüchte um die Einführung) ist jedoch eine Geschichte, die einen so gigantischen Markt aufweist, daß MVIS mit der Vorstellung des ersten funktionsfähigen Prototypen als nahezu sicheres Investment bezeichnet werden muß. Die Pechnologie funktioniert analog DLP-Projektoren auf einem Reflektionsprinzip, welches die lichtstrahlen dreier unterschiedlicher Lichtquellen (blau, grün, rot - in diesem Fall keine Laser, sondern leistungsstarke LED`s!) über ein Prisma gebündelt auf eine rotierende Drehscheibe sendet, die weiderum aus tausenden kleiner Spiegel zusammengesetzt ist. Je nachdem, wie die Spiegel (analog LCD-Displays) durch elektrische Strömungen aktiviert werden, klappen diese entweder auf - und geben die Frabe des empfangenen Lichstrahlen wieder - oder zu - und geben ncihts bzw. schwarz wieder. Wie man an der überaus erfolgreichen Einführung der DLP-Technologie auf dem Projektorenmarkt nachvollziehen kann, funktioniert dieses Prinzip nicht nur in der Tehorie, sondern zeichnet sich in der Praxis in einer Überlegenheit der Geräte in den Bereichen Kontrast und Bildqualiät aus; Der Gedanke, die Grundlagen dieses Prinzips auf die Realisierung von direkt ins Auge strahlenden "Mini-Projektoren" zu übertragen, liegt eigentlich gar nicht so fern. Ein funktionsfähiges, auf Basis dieser Technologie basierendes Gerät wird ungefähr so aussehen wie auf der nachfolgenden Abbildung, die ich schonmal in diesen Thread eingestellt hatte:
Es ist offensichtlich, was die realisierung eines derartigen gerätes für die Zukunft der Mobiltechnologie bedeuten würde - insbesondere angesichts der aus UMTS resultierenden Möglichkeiten und den Anforderungen nach immer kleineren, immer leistungsfähigeren "PC-Compagnions". Das MVIS hier nicht leere Versprechungen macht, zeigen die Abkommen mit Siemens (und den Partnern des Konsortiums Motorola, Daimler, VW u.v.a.) und vor allem auch der Einstieg von Cree und General Electric, die 25 Millionen USD in die Realisierung dieses Projektes investiert haben. Sobald die Technologie marktreif ist - und hierbei gehe ich von einem Zeitraum innerhalb der nächsten 12 Monate aus, wird das Unternehmen explodieren, mit Einführung von UMTS ist die Integration der Visuailisierungstechnologie in jedes Webpad bzw. höherwertige Mobiltelefon geradezu Pflicht. Eine gute Patentabsicherung vorausgesetzt - und davon sollte man angesichts der Partner ausgehen können, wird sich MVIS mit diesen Lösungen einen Markt erschliessen, der geradezu gigantische Potentiale birgt.
Derzeit noch primär durch seine Entwicklungstätigkeiten geprägt, werden wir also spüätestens mit der offiziellen Vorführung des ersten funktionsfähigen Prototyps nach obigem Schema mit einer Kursexplosion rechnen können, die sich gewaschen haben wird. Die jüngst veröffentlichten Nachrichten zur Technologie sowie den Partnerschaften bieten ausreichende Sicherheit für den Aufbau erster Positionen; jetzt gilt es, die Aktie genau im Auge zu behalten, um bei einer weiteren Verdichtung von Hinweisen auf Durchbrüche in den Entwicklungen (offizielle Vorstellung Prototyp und Vermarktungsstrategie) schnellstmöglichst reagieren zu können...
Werde wohl alsbald mächtig aufstocken, von daher werde ich an einem Direktkauf an der Nasdaq wohl kaum vorbeikommen...
Gruß
Isaac
PS: Sorry für die ganzen "Dreckfuhler", mein Keyboard ist schon ziemlich ausgeleiert...
Nette Zusammenfassung - danke! Schon reply von MVIS bekommen?
Jetzt heißt es warten auf die nächste Meldung, eines steht fest: Microvision ist in den Staaten verdammt beliebt. Der aktuelle Aufwärtstrend ist nach wie vor intakt und könnte uns schnell bis zum ATH führen (bereits erwähnt). Jeder muß selber einschätzen welches Risiko er bereit ist einzugehen und wann er mit wieviel einsteigen will. In diesem Thread gab es nie und wird es nie irgendwelche Pushversuche geben, die hat MVIS nicht nötig.
Have a nice week
Gruß
M_III
Jetzt heißt es warten auf die nächste Meldung, eines steht fest: Microvision ist in den Staaten verdammt beliebt. Der aktuelle Aufwärtstrend ist nach wie vor intakt und könnte uns schnell bis zum ATH führen (bereits erwähnt). Jeder muß selber einschätzen welches Risiko er bereit ist einzugehen und wann er mit wieviel einsteigen will. In diesem Thread gab es nie und wird es nie irgendwelche Pushversuche geben, die hat MVIS nicht nötig.
Have a nice week
Gruß
M_III
Muß gestehen, daß ich die Mail mangels Zeit noch gar nicht zusammengestellt habe
Ok, Ok - ich war halt auch ein wenig *dekadent* und habe mich den schöneren Dingen des Lebens gewidmet
Werde mich aber die Woche darum bemühen, die Ergebnissse stelle ich hier rein. Werde auch mal versuchen, eine Info zu der Thematik einer Prototypenvorstellung zu bekommen - vielleicht habe ich ja Glück
Auch mit LPTHA muß ich mich noch ein wenig beschäftigen - Danke an dieser Stelle nochmal für beide Tips von Dir...
cu all
Isaac
Ok, Ok - ich war halt auch ein wenig *dekadent* und habe mich den schöneren Dingen des Lebens gewidmet
Werde mich aber die Woche darum bemühen, die Ergebnissse stelle ich hier rein. Werde auch mal versuchen, eine Info zu der Thematik einer Prototypenvorstellung zu bekommen - vielleicht habe ich ja Glück
Auch mit LPTHA muß ich mich noch ein wenig beschäftigen - Danke an dieser Stelle nochmal für beide Tips von Dir...
cu all
Isaac
Hi Isaac!
Erstmal, super Beitrag. Nun eine Frage an Dich: Du sprachst von einem Direktkauf an der Nasdaq, gerade bei größeren Stückzahlen! Was spricht dagegen auch bei größeren Stückzahlen an einer deutschen Börse zu kaufen?
Aus eigener Erfahrung habe ich gerade bei umsatzschwache Werten wie z.B. Microvision oder LightPath an deutschen Handelsplätzen tolle Käufe erziehlt!
MfG SeubertF
Erstmal, super Beitrag. Nun eine Frage an Dich: Du sprachst von einem Direktkauf an der Nasdaq, gerade bei größeren Stückzahlen! Was spricht dagegen auch bei größeren Stückzahlen an einer deutschen Börse zu kaufen?
Aus eigener Erfahrung habe ich gerade bei umsatzschwache Werten wie z.B. Microvision oder LightPath an deutschen Handelsplätzen tolle Käufe erziehlt!
MfG SeubertF
@ SeubertF
Ehrlich gesagt: NICHTS - wie auch das Beispiel von Michael zeigt, der mir von seinem Riesenschnapper nix abgeben wollte *grummel*
Prinzipiell haben wir aber in D mit vergleichsweise geringen Stückzahlen zu kämpfen, die aus diesem Grunde auch eine strenge Limitierung erfordern. Direkthandel an der Nasdaq hat prinzipiell den Vorteil, daß man die Tagesschwankungen der Aktie besser ausnutzen kann, als dies hier in D möglich ist, zumal sich die Aktien aufgrund ihrer Abhängigkeit vom USA-Kurs kaum bewegt. Es sei denn, daß der S&P-Future mittags mal schlecht aussieht, dann gibt es immer wieder mal so ein paar Intelligenzbolzen, die der Meinung sind, daß sich eine MVIS stets mit dem Markt nach unten bewegt - und unlimitiert verkaufen.... Z.Zt. kennt die Aktie aber offensichtlich nur einen Weg: nach oben
tnx + Gruß @ all
Ehrlich gesagt: NICHTS - wie auch das Beispiel von Michael zeigt, der mir von seinem Riesenschnapper nix abgeben wollte *grummel*
Prinzipiell haben wir aber in D mit vergleichsweise geringen Stückzahlen zu kämpfen, die aus diesem Grunde auch eine strenge Limitierung erfordern. Direkthandel an der Nasdaq hat prinzipiell den Vorteil, daß man die Tagesschwankungen der Aktie besser ausnutzen kann, als dies hier in D möglich ist, zumal sich die Aktien aufgrund ihrer Abhängigkeit vom USA-Kurs kaum bewegt. Es sei denn, daß der S&P-Future mittags mal schlecht aussieht, dann gibt es immer wieder mal so ein paar Intelligenzbolzen, die der Meinung sind, daß sich eine MVIS stets mit dem Markt nach unten bewegt - und unlimitiert verkaufen.... Z.Zt. kennt die Aktie aber offensichtlich nur einen Weg: nach oben
tnx + Gruß @ all
Danke für die Antwort, Isaac! Was denkt Ihr, wird der steile Aufwärtstrend bei MVIS anhalten? MfG
SeubertF
SeubertF
MVIS geniesst in den USA mittlerweile den Status eines "Maybe...", d.h. eines Hoffnungswertes, der nicht so einfach mir nichts, Dir nichts wieder rausgeworfen wird. Jede neue Nachricht kann zu einer Kursexplosion führen; das Rückschlagspotential ist vorerst begrenzt. Michael hatte dies ja schon deutlich klargemacht - ich hatte halt ein wenig gebraucht , um dies zu kapieren...
Dennoch: Wie`s weiter geht, oder ob der Kurs langsam wieder zurückdümpelt, entscheidet alleine die Nachrichtenlage. Sicherlich würde auch ein weiteres Coverage positives bewirken; fundamentale Nachrichten im Hinblick auf die baldige Realisierung des optischen Projektionssystems dürften aber deutlich mehr einschlagen. Da MVIS nunmehr seit 3 Wochen geschwiegen hat, steigen natürlich die Erwartungen der Anleger. Kommt innerhalb der nächsten Tage keine Nachricht, sollte sich der Kurs auch wieder unter die 50 bewegen, zumal die Investoren mittlerweile so heiß geworden sind, daß sie auch unruhig und ungeduldig werden...
Wer MVIS hat, sollte dies als Langfristinvestment betrachten, zumal die "Sicherheiten" groß genug erscheinen, daß die angekündigten Ziele auch realisiert werden. Falls es mangels zwischenzeitlicher nachrichten nochmals runtergehen sollte, bietet sich eine gute Gelegenheit zum Nachkaufen, zumal auch bei dieser Aktie alleine folgende Faktoren für die Anlageentscheidung relevant ist:
Glaube ich an die Technik und deren Erfolg?
Erscheinen mir die bisherigen Beweise und Sicherheiten ausreichend?
Aber auch wenn diese Fragen mit einem uneingeschränktem "Ja" beantwortet werden, heisst dies noch lange nicht, daß ein Investor MVIS - so positiv ich auch selbst die Möglichkeiten sehe - überproportional berücksichtigen sollte. Mehr als 5-10 % des Gesamtdepotvolumens in ein Start-up-Unternehmen zu investieren, ist purer Wahnsinn, das sollte man nie vergessen...
cu
Isaac
Dennoch: Wie`s weiter geht, oder ob der Kurs langsam wieder zurückdümpelt, entscheidet alleine die Nachrichtenlage. Sicherlich würde auch ein weiteres Coverage positives bewirken; fundamentale Nachrichten im Hinblick auf die baldige Realisierung des optischen Projektionssystems dürften aber deutlich mehr einschlagen. Da MVIS nunmehr seit 3 Wochen geschwiegen hat, steigen natürlich die Erwartungen der Anleger. Kommt innerhalb der nächsten Tage keine Nachricht, sollte sich der Kurs auch wieder unter die 50 bewegen, zumal die Investoren mittlerweile so heiß geworden sind, daß sie auch unruhig und ungeduldig werden...
Wer MVIS hat, sollte dies als Langfristinvestment betrachten, zumal die "Sicherheiten" groß genug erscheinen, daß die angekündigten Ziele auch realisiert werden. Falls es mangels zwischenzeitlicher nachrichten nochmals runtergehen sollte, bietet sich eine gute Gelegenheit zum Nachkaufen, zumal auch bei dieser Aktie alleine folgende Faktoren für die Anlageentscheidung relevant ist:
Glaube ich an die Technik und deren Erfolg?
Erscheinen mir die bisherigen Beweise und Sicherheiten ausreichend?
Aber auch wenn diese Fragen mit einem uneingeschränktem "Ja" beantwortet werden, heisst dies noch lange nicht, daß ein Investor MVIS - so positiv ich auch selbst die Möglichkeiten sehe - überproportional berücksichtigen sollte. Mehr als 5-10 % des Gesamtdepotvolumens in ein Start-up-Unternehmen zu investieren, ist purer Wahnsinn, das sollte man nie vergessen...
cu
Isaac
Die 50 haben gehalten, ein sehr guter Indikator. Jetzt haben wir einen Widerstand bei 55, sollte dieser überschritten werden sehen wir innerhalb der nächsten Tage das ATH. Ob dieses dann überschritten wird hängt vom allgemeinen Marktgeschehen sowie von der Nachrichtenlage ab. Ich hoffe ich komme am Wochenende endlich in Mission Impossible II rein und kann mir die Brille von TC anschauen. Gruß
M3
M3
Ihr redet hier fast ausschliesslich von mobilen Anwendungen. Warum nur diese Einschränkung?
Die allermeisten Monitore in den Büros der Welt und fast alle in den privaten Kämmerlein sind heutzutage noch riesige und unschöne Kästen, die auf den Schreibtischen nur stören. Deshalb setzen sich mehr und mehr Flachbildschirme durch. Aber: die Dinger sind höllisch teuer. Unter 2000 Mark für einen 15-Zöller geht nichts. Größere bewegen sich bei 5 - 6.000 Mark.
In diesem Anwendungsbereich wird meiner Meinung nach zunächst das Potential für MICROVISION liegen. Dafür wird das Geld auch relativ locker ausgegeben. Mobile Anwendungen werden bestimmt erst danach erschlossen. Dazu muß noch Gewaltiges an Infrastruktur geschaffen werden.
Ich bin fest überzeugt davon, daß die Flachbildschirme keine lange Verweildauer im Markt haben werden. Die Zukunft gehört der Brille. Und wenn ihr dann mal so ein praktisches vds-Gerät besitzt, werdet ihr euch schnell fragen, warum ihr noch so einen konventionellen Fernseher in der Ecke stehen habt!
Ich glaube, den allermeisten - auch die, die sich schon eingehend mit vds-Systemen beschäftigt haben - ist das Gigantische an der Sache noch gar nicht so recht bewusst.
Die allermeisten Monitore in den Büros der Welt und fast alle in den privaten Kämmerlein sind heutzutage noch riesige und unschöne Kästen, die auf den Schreibtischen nur stören. Deshalb setzen sich mehr und mehr Flachbildschirme durch. Aber: die Dinger sind höllisch teuer. Unter 2000 Mark für einen 15-Zöller geht nichts. Größere bewegen sich bei 5 - 6.000 Mark.
In diesem Anwendungsbereich wird meiner Meinung nach zunächst das Potential für MICROVISION liegen. Dafür wird das Geld auch relativ locker ausgegeben. Mobile Anwendungen werden bestimmt erst danach erschlossen. Dazu muß noch Gewaltiges an Infrastruktur geschaffen werden.
Ich bin fest überzeugt davon, daß die Flachbildschirme keine lange Verweildauer im Markt haben werden. Die Zukunft gehört der Brille. Und wenn ihr dann mal so ein praktisches vds-Gerät besitzt, werdet ihr euch schnell fragen, warum ihr noch so einen konventionellen Fernseher in der Ecke stehen habt!
Ich glaube, den allermeisten - auch die, die sich schon eingehend mit vds-Systemen beschäftigt haben - ist das Gigantische an der Sache noch gar nicht so recht bewusst.
Hallo!
Schön was von Dir zu hören! Sehe ich auch so, daß Ausmaß ist nicht einzuschätzen. Wir haben halt mal von mobilen Anwendungen gesprochen, ein lächerlich kleines Einsatzgebiet des vds.....
Die bisherige Kundschaft allein ist schon gigantisch und hat riesiges Potential. Diese werden mit der ersten Generation von vds-Systemen beliefert. Wenn wir dann in 2 - 3 Jahren unsere kleine Brille haben kommt der Rest. Ich verweise zu gerne auf die VISA-Werbung vor einiger Zeit, genau so wird dies aussehen. Und MVIS hat die Technologie dafür entwickelt, die sehr sehr viele Mrd$ wert ist. Abschätzen kann der beste Analyst den Markt für vds-Systeme nicht. Es gibt zwar schon eine Schätzung von 10Mrd$ glaub ich 2004, aber wer weiß das schon.....
Für mich ist MVIS eines der interessantesten Investments zur Zeit - ein völlig neues, wirklich sehr brauchbares Produkt steht vor seiner Vollendung.....
Gruß
M_III
Schön was von Dir zu hören! Sehe ich auch so, daß Ausmaß ist nicht einzuschätzen. Wir haben halt mal von mobilen Anwendungen gesprochen, ein lächerlich kleines Einsatzgebiet des vds.....
Die bisherige Kundschaft allein ist schon gigantisch und hat riesiges Potential. Diese werden mit der ersten Generation von vds-Systemen beliefert. Wenn wir dann in 2 - 3 Jahren unsere kleine Brille haben kommt der Rest. Ich verweise zu gerne auf die VISA-Werbung vor einiger Zeit, genau so wird dies aussehen. Und MVIS hat die Technologie dafür entwickelt, die sehr sehr viele Mrd$ wert ist. Abschätzen kann der beste Analyst den Markt für vds-Systeme nicht. Es gibt zwar schon eine Schätzung von 10Mrd$ glaub ich 2004, aber wer weiß das schon.....
Für mich ist MVIS eines der interessantesten Investments zur Zeit - ein völlig neues, wirklich sehr brauchbares Produkt steht vor seiner Vollendung.....
Gruß
M_III
Wer in MVIS eine Trading-Position hat und gerade ein paar Gewinne realisieren will kann aktuell durchaus ein paar Stück verkaufen. Laut Chart könnte es ein klein wenig runter gehen, sollte die 50 nicht halten. Aber wehe es kommt eine Meldung.... also Augen geöffnet halten.
Gruß
M_III
Gruß
M_III
Wäre mir ja durchaus recht, zumal ich dann vielleicht doch noch in den Genuß komme, aus Deinem Bestand ein paar Stücke abzustauben
Kompliment an BalZock, daran hatte ich bislang noch gar nicht so recht gedacht (auch wenn mir Michael die Möglichkeiten von MVIS eigentlich schon regelrecht um die Ohren geschlagen hat )- zumal wir uns bezüglich der künftigen Aktivitäten in diesem Bereich auch die gigantischen Möglichkeiten des Projektionssystems - ergo ohne Brille - "vor Augen halten müssen"...
Habe übrigens gestern mein Investor Relation Package bekommen. Werde berichten, sobald ich mich damit beschäftigt habe.
Gruß @ all
Isaac
Kompliment an BalZock, daran hatte ich bislang noch gar nicht so recht gedacht (auch wenn mir Michael die Möglichkeiten von MVIS eigentlich schon regelrecht um die Ohren geschlagen hat )- zumal wir uns bezüglich der künftigen Aktivitäten in diesem Bereich auch die gigantischen Möglichkeiten des Projektionssystems - ergo ohne Brille - "vor Augen halten müssen"...
Habe übrigens gestern mein Investor Relation Package bekommen. Werde berichten, sobald ich mich damit beschäftigt habe.
Gruß @ all
Isaac
Sehr deutlich zu sehen der Widerstand bei 55 war nicht zu knacken, jetzt geht es mit erbärmlicher Volumina leicht gen Süden.
Viel Spaß mit dem IRP.
Gruß M_III
Viel Spaß mit dem IRP.
Gruß M_III
Ich habe mal einige (ich glaube nur US-) Unternehmen gesammelt, die teilweise auf sehr (!) ähnlichen Gebieten tätig sind,
Nasdaq-Kürzel u. Website in Klammern:
Digilens (AG ?, Vergrößerungsoptiken für Microdisplays, digilens.com, siehe IBM-Werbung)
Colorado Microdisplays (keine AG, comicro.com)
Virtual Vision (AG ?, virtualvision.com)
IO Display (AG ?)
Kopin (KOPN, kopin.com)
MicroOptical (wurde gerade von Emcore übernommen, EMKR, emcore.com)
Universal Display (PANL, universaldisplay.com)
Cree (CREE, cree.com)
Three-Five Systems (TFS, threefive.com)
Hatte leider noch keine Zeit, mich näher damit zu beschäftigen, hoffe aber dass von keiner dieser Seiten
"Gefahr" für unsere MVIS droht. Aber wohler wäre mir, wenn ich es wüsste.
Nasdaq-Kürzel u. Website in Klammern:
Digilens (AG ?, Vergrößerungsoptiken für Microdisplays, digilens.com, siehe IBM-Werbung)
Colorado Microdisplays (keine AG, comicro.com)
Virtual Vision (AG ?, virtualvision.com)
IO Display (AG ?)
Kopin (KOPN, kopin.com)
MicroOptical (wurde gerade von Emcore übernommen, EMKR, emcore.com)
Universal Display (PANL, universaldisplay.com)
Cree (CREE, cree.com)
Three-Five Systems (TFS, threefive.com)
Hatte leider noch keine Zeit, mich näher damit zu beschäftigen, hoffe aber dass von keiner dieser Seiten
"Gefahr" für unsere MVIS droht. Aber wohler wäre mir, wenn ich es wüsste.
CREE ist Partner von MVIS, TFS ist gerade an der Börse böse abgestürzt. Virtual Vision ist sehr interessant, Kopin ist sehr interessant. Inwieweit jetzt wer welches gebiet am besten abdeckt, mit welcher Technologie arbeitet usw. können wir bzw. sollten wir uns auf alle Fälle beschäftigen. Aber welchen Stellenwert Microvision auf diesem sektor genießt, belegt eindeutig der Chart. Vielleicht gelingt es uns ja, ein ordentlichen visual display- Fonds zu kreiiren, denn interessant ist dieser Sektor allemal. Haben wir ein wenig Arbeit vor uns, wir können sie uns ja aufteilen. Was haltet ihr davon?
Auf jeden Fall klasse Recherche von Dir,Fulminator. dazu sind Threads da, nicht um irgendeine Aktie hochzujubeln und Kritiken nieder zu machen.
Gruß
Michael_III
Auf jeden Fall klasse Recherche von Dir,Fulminator. dazu sind Threads da, nicht um irgendeine Aktie hochzujubeln und Kritiken nieder zu machen.
Gruß
Michael_III
N` abend allerseits
Kann mich dem nur anschliessen und möchte gleich mal einen sehr informativen und top gepflegten Thread empfehlen, dessen Mitglieder ich just zu einem "Besuch" bei uns eingeladen habe: Die Thread "Das tapfere Schneiderlein I u. II" enthalten alle Informationen rund um Schneider Rundfunkwerke (DE0007193401), die auf beeindruckende Art und Weise im Großen DAS vollziehen, was uns MVIS im kleinen macht...
Wirklich sehr interessant, IMHO
cu @ all
Isaac
Kann mich dem nur anschliessen und möchte gleich mal einen sehr informativen und top gepflegten Thread empfehlen, dessen Mitglieder ich just zu einem "Besuch" bei uns eingeladen habe: Die Thread "Das tapfere Schneiderlein I u. II" enthalten alle Informationen rund um Schneider Rundfunkwerke (DE0007193401), die auf beeindruckende Art und Weise im Großen DAS vollziehen, was uns MVIS im kleinen macht...
Wirklich sehr interessant, IMHO
cu @ all
Isaac
Hi Leute!
Muß Euch was erzählen, was fast nicht wahr sein kann, oder? So etwas ist mir nämlich noch nicht passiert!
Folgendes, ich habe gestern versucht über Limit 52 Microvision nach zu kaufen. Hatte jedoch nichts bekommen. Heute dann mit Limit 53,50, wobei ich jedoch wieder nix gekriegt habe.
Und jetz kommts!
Heut Mittag habe ich "bestens" in Berlin geordert! Und was steht um 21 Uhr in meinem Orderbuch:"offen"
Ich hab doch tatsächlich nicht kaufen können! Was kann das sein?
Gruß SF
Muß Euch was erzählen, was fast nicht wahr sein kann, oder? So etwas ist mir nämlich noch nicht passiert!
Folgendes, ich habe gestern versucht über Limit 52 Microvision nach zu kaufen. Hatte jedoch nichts bekommen. Heute dann mit Limit 53,50, wobei ich jedoch wieder nix gekriegt habe.
Und jetz kommts!
Heut Mittag habe ich "bestens" in Berlin geordert! Und was steht um 21 Uhr in meinem Orderbuch:"offen"
Ich hab doch tatsächlich nicht kaufen können! Was kann das sein?
Gruß SF
Es gab einfach niemanden der heute in Berlin verkaufen wollte. Die Aktie ist in Deutschland noch nicht bekannt. Deshalb sind die Umsätze verschwindend gering.
Übrigens: Alle Börsenzeitungen sind im Moment voll mit Titelstorys über UMTS, Handys und die Profiteure des Mobilfunks (Telekom, Vodafone, Nokia, Motorola, ...). Nur an Firmen wie MVIS denkt (noch!!!) niemand.
For4
Übrigens: Alle Börsenzeitungen sind im Moment voll mit Titelstorys über UMTS, Handys und die Profiteure des Mobilfunks (Telekom, Vodafone, Nokia, Motorola, ...). Nur an Firmen wie MVIS denkt (noch!!!) niemand.
For4
Du bist völlig verrückt bestens zu ordern in Deutschland. kauf doch einfach an der NASDAQ!
Gruß
M_III
Gruß
M_III
Kennt einer von euch noch gute US-Boards ausser siliconinvestor.com oder ragingbull.com ?
Gruß, Fulminator
Gruß, Fulminator
Hi Leute!
Heut hats endlich geklappt (kein Wunder beim heutigen Preissturtz)!
Zu 48€ in Berlin. Na dann will ich mal hoffen, dass die Unterstützung bei 45€ hällt
Grüße und ein schönes Wochenende wünscht SeubertF
Heut hats endlich geklappt (kein Wunder beim heutigen Preissturtz)!
Zu 48€ in Berlin. Na dann will ich mal hoffen, dass die Unterstützung bei 45€ hällt
Grüße und ein schönes Wochenende wünscht SeubertF
SeubertF, Gratulation zum Kauf, aber es könnte noch weiter runter gehen. MVIS ist sehr volantil, es ist bei diesem Wert nicht verkehrt eine Tradingposition zu haben und eine die man länger laufen läßt. Schau Dir doch einfach mal den Anstieg im Februar an und den darauffolgenden Absturz. Diesen Wert muß man sich nicht hektisch ins Depot holen. Wir könnten noch die 40 sehen, ist nicht unwahrscheinlich. Dies sind aber alles nur kurzfristige Aspekte (aber nicht unwichtig). Habe schließlich vor paar Tagen gesagt daß es wohl runter gehen wird.
Zur Konkurrenzbetrachtung komme ich momentan aus Zeitründen nicht. Mein ganz oberflächlicher grober Eindruck sagt mir, daß die Schneider-Werke nicht so weit sind wie MVIS. Der Chart von Kopin sieht böse aus (knabbern gerade am Widerstand 25). Noch schlimmer sieht TFS aus.
Universal Display sieht hervorragend aus. DIESEN Wert sollte man sich wirklich mal näher anschauen. Wie gesagt, die anderen börsennotierten Unternehmen sehen vom Chart her böse aus, sagt eigentlich schon alles.
Gruß
Michael
Zur Konkurrenzbetrachtung komme ich momentan aus Zeitründen nicht. Mein ganz oberflächlicher grober Eindruck sagt mir, daß die Schneider-Werke nicht so weit sind wie MVIS. Der Chart von Kopin sieht böse aus (knabbern gerade am Widerstand 25). Noch schlimmer sieht TFS aus.
Universal Display sieht hervorragend aus. DIESEN Wert sollte man sich wirklich mal näher anschauen. Wie gesagt, die anderen börsennotierten Unternehmen sehen vom Chart her böse aus, sagt eigentlich schon alles.
Gruß
Michael
Hi
@M3 : Was spricht eigentlich dagegen, dass auch die 30 noch einmal getestet werden ? Die nächsten Quartalszahlen bestimmt nicht.
Ich denke mal die Fantasie der Amis wird mit der Zeit ohne News immer dünnhäutiger und auch MVSN wird sich einer massiven Korrektur nicht erwehren können, denn eine Mkt.von 500 Mill.$ bei läppischen 2 Millionen Quartalsumsatz ist IMHO nicht allzu belastbar.
mfg
gabi
@M3 : Was spricht eigentlich dagegen, dass auch die 30 noch einmal getestet werden ? Die nächsten Quartalszahlen bestimmt nicht.
Ich denke mal die Fantasie der Amis wird mit der Zeit ohne News immer dünnhäutiger und auch MVSN wird sich einer massiven Korrektur nicht erwehren können, denn eine Mkt.von 500 Mill.$ bei läppischen 2 Millionen Quartalsumsatz ist IMHO nicht allzu belastbar.
mfg
gabi
Hi Gabi! Schön dass du mal reinschaust, freut mich ehrlich! Schau Dir mein Post vom 18.7. 10.45 Uhr an, um 15.30 begann des Tages begann der Abwärtstrend. Deshalb sage ich ja, es ist nicht verkehrt in MVIS eine Tradingposition zu haben. Im Februar gab es nach entsprechenden Meldungen einen gewaltigen Anstieg auf 65$, klar daß dann bei Ausbleiben von News es wieder abwärts ging, wohl dem der vorher Stücke verkauft hat und dann weiter unten wieder rein ist.
Aktuell sehe ich einen Widerstand bei 40 (sehr ordentlich), ein ganz dicker Widerstand bei 30. Eben fast wieder das selbe Spielchen jetzt wie im Frühjahr. Aber: die nächsten News kommen bestimmt, kurz vorher eindecken ist angesagt. Und eine technische Reaktion ist auch möglich, denn: MVIS ist sehr bekannt und beliebt! Im übrigen ist MVIS für mich kein Fantsiewert mehr, sondern schon ein volantiles konservatives Invest. Denn: die Technologie hat sich durchgesetzt, thats fact. Wenn Du Dich mit den fundamentals von MVIS beschäftigst wirst Du mir zustimmen, da bin ich mir ganz sicher.
Da ich kritische Stimen in diesem Thread leidenschaftlich vermisse würde ich mich freuen wenn Du ein paar negative fundamentals von MVIS zusammen stellen könntest.
Herzlichen Gruß
Michael
Aktuell sehe ich einen Widerstand bei 40 (sehr ordentlich), ein ganz dicker Widerstand bei 30. Eben fast wieder das selbe Spielchen jetzt wie im Frühjahr. Aber: die nächsten News kommen bestimmt, kurz vorher eindecken ist angesagt. Und eine technische Reaktion ist auch möglich, denn: MVIS ist sehr bekannt und beliebt! Im übrigen ist MVIS für mich kein Fantsiewert mehr, sondern schon ein volantiles konservatives Invest. Denn: die Technologie hat sich durchgesetzt, thats fact. Wenn Du Dich mit den fundamentals von MVIS beschäftigst wirst Du mir zustimmen, da bin ich mir ganz sicher.
Da ich kritische Stimen in diesem Thread leidenschaftlich vermisse würde ich mich freuen wenn Du ein paar negative fundamentals von MVIS zusammen stellen könntest.
Herzlichen Gruß
Michael
Hi
wie gesagt, die Ouartalszahlen ohne nennenswertes Wachstum stimmen schon etwas bedenklich. Und ich vermute einfach, dass dies noch einige Zeit andauern wird und viele Investierte nicht den Nerv haben werden, diese Durststrecke mitzugehen.
Dann die Konkurrenzsituation. Welche Technik wird zum Beispiel bei Digilens verwendet. Wie kommt Fulminator auf die Connection zu IBM ?
Ich habe auch den entsprechenden Werbespot gesehen. Die Technik bzw. die Vision davon, wie das Teil in Zukunft aussehen soll, unterschied sich in keinster Weise von der Microvisions. Also inwieweit ist die Behauptung von Dir tragbar, MVSN wäre konkurrenzlos ?
Gibt es irgendwelche Vorstellungen, was dieses wearable vds mal kosten soll ?
All die Kooperationspartner von MVSN wollen doch sicher, wenn der Bär mal erlegt ist, auch etwas von dem Fell abbekommen, oder wie ist das eigentlich geregelt ? Halten sie Aktienpakete ?
Mehr fällt mir im Moment nicht ein. Müsste mich auch erst einmal richtig schlau machen, um all die Fakten evaluieren zu können.
Gruss zurück
gabi
wie gesagt, die Ouartalszahlen ohne nennenswertes Wachstum stimmen schon etwas bedenklich. Und ich vermute einfach, dass dies noch einige Zeit andauern wird und viele Investierte nicht den Nerv haben werden, diese Durststrecke mitzugehen.
Dann die Konkurrenzsituation. Welche Technik wird zum Beispiel bei Digilens verwendet. Wie kommt Fulminator auf die Connection zu IBM ?
Ich habe auch den entsprechenden Werbespot gesehen. Die Technik bzw. die Vision davon, wie das Teil in Zukunft aussehen soll, unterschied sich in keinster Weise von der Microvisions. Also inwieweit ist die Behauptung von Dir tragbar, MVSN wäre konkurrenzlos ?
Gibt es irgendwelche Vorstellungen, was dieses wearable vds mal kosten soll ?
All die Kooperationspartner von MVSN wollen doch sicher, wenn der Bär mal erlegt ist, auch etwas von dem Fell abbekommen, oder wie ist das eigentlich geregelt ? Halten sie Aktienpakete ?
Mehr fällt mir im Moment nicht ein. Müsste mich auch erst einmal richtig schlau machen, um all die Fakten evaluieren zu können.
Gruss zurück
gabi
Hi Gabi,
Richtig wir haben jetzt einen Abwärtstrend, den ich allerdings prognostiziert habe. Kann bis auf 40, vielleicht sogar 30 runter gehen. Die Q-Zahlen wären ein willkommener Anlaß, um MVIS wieder auf ein billigeres Niveau zu drücken (dann heißt es eindecken!). Bei dieser Aktie kein seltenes Phänomen, schau Dir den steilen Anstieg im Februar und den später folgenden Absturz an. Dehalb ist es in der Tat sinnvoll, in MVIS eine Tradingposition zu haben (neben einer langfristigen Position) - es läßt sich gut Geld verdienen damit. Muß aber jeder selber wissen welche Strategie er (oder sie) fährt.
Was soll das wearable system mal kosten? Was hat anfangs ein handy gekostet, bis es in Massenfertigung kam? So ähnlich wirds auch mit dem vds aussehen. Die ersten Kunden werden bzw. sind schon im Bereich Medizinwesen, Militär, Luft- und Raumfahrt (sehr zahlungskräftige Kunden, v.a. das amerik.Militär) zu finden sein. Der Massenmarkt wird 2002,2003 ins Visir genommen. Vorher muß man noch eine große Produktionsstätte bauen, gut möglich daß sich einer der großen Partner (Siemens oder GE) eine Lizenz sichert und dafür sehr viel Geld bezahlen wird.
Zur Konkurrenzsituation: Meines Wissens ist MVIS die einzige Firma, die Informationen direkt auf das menschliche Auge projeziert. Sicherlich gibt es noch andere Möglichkeiten, das display-Problem einzuschränken, der Ansatz Microvisions überzeugt mich aber völlig, ist erprobt und zu 100% funktionstüchtig.
Zu den Aktienpaketen:
Top Institutional Holders of MVIS Shares Value
WM Advisors Inc./Wa 372,965 $19,813,766
Federated Investors, Inc. 95,400 $5,068,125
Barclays Bank Plc 70,346 $3,737,131
Dimensional Fund Advisors Inc 56,200 $2,985,625
Lord Abbett & Co 45,000 $2,390,625
Paine Webber Group, Incorporated 37,025 $1,966,953
First Union Corporation 32,845 $1,744,891
American Century Investment Man. 30,000 $1,593,750
Vanguard Group, Inc. (The) 27,500 $1,460,938
Citigroup Inc. 24,195 $1,285,359
Top Mutual Fund Holders of MVIS
Shares Value
WM Growth Fund of The Northwest
436,870 $23,208,719
WM Group of Funds-Emerging Growth Fund
121,080 $6,432,375
WM Small Cap Stock Fund
103,980 $5,523,938
Lord Abbett Developing Growth Fund
100,000 $5,312,500
Guardian North American Trust
39,100 $2,077,188
WM Variable Trust-Small Cap Stock Fund
28,665 $1,522,828
Global Strategy-World Companies Fund
20,000 $1,062,500
WM Variable Trust-Northwest Fund
15,590 $828,219
Vanguard U.S.Stock Index-Vanguard Extended Market Index
12,000 $637,500
WM Deferred Series Inc-Northwest Portfolio
9,195 $488,484
Nett, gell? Wer alles MVIS hat....
Im übrigen befindet sich MVIS bei Verhandlungen in einer starken, offensiven Rolle (im Gegensatz zu anderen Unternehmen....). Zu den Kooperationspartnern (allen voran dem Konsortium um Siemens herum, dem MVIS angehört) muß ich nichts sagen.
Die Fantasie, die MVIS bietet, gestützt durch Fakten, läßt diese Bewertung allemal zu. Man braucht keine Nerven, um MVIS im Depot zu haben. Die nächsten Meldungen, die nächsten Demonstrationen des vds kommen, MVIS hat eine Publicity, von der andere Unternehmen nur träumen können....
Gruß
Michael
ps. bin aber froh wenn Dir noch ein paar Dinge einfallen - ehrlich.
Richtig wir haben jetzt einen Abwärtstrend, den ich allerdings prognostiziert habe. Kann bis auf 40, vielleicht sogar 30 runter gehen. Die Q-Zahlen wären ein willkommener Anlaß, um MVIS wieder auf ein billigeres Niveau zu drücken (dann heißt es eindecken!). Bei dieser Aktie kein seltenes Phänomen, schau Dir den steilen Anstieg im Februar und den später folgenden Absturz an. Dehalb ist es in der Tat sinnvoll, in MVIS eine Tradingposition zu haben (neben einer langfristigen Position) - es läßt sich gut Geld verdienen damit. Muß aber jeder selber wissen welche Strategie er (oder sie) fährt.
Was soll das wearable system mal kosten? Was hat anfangs ein handy gekostet, bis es in Massenfertigung kam? So ähnlich wirds auch mit dem vds aussehen. Die ersten Kunden werden bzw. sind schon im Bereich Medizinwesen, Militär, Luft- und Raumfahrt (sehr zahlungskräftige Kunden, v.a. das amerik.Militär) zu finden sein. Der Massenmarkt wird 2002,2003 ins Visir genommen. Vorher muß man noch eine große Produktionsstätte bauen, gut möglich daß sich einer der großen Partner (Siemens oder GE) eine Lizenz sichert und dafür sehr viel Geld bezahlen wird.
Zur Konkurrenzsituation: Meines Wissens ist MVIS die einzige Firma, die Informationen direkt auf das menschliche Auge projeziert. Sicherlich gibt es noch andere Möglichkeiten, das display-Problem einzuschränken, der Ansatz Microvisions überzeugt mich aber völlig, ist erprobt und zu 100% funktionstüchtig.
Zu den Aktienpaketen:
Top Institutional Holders of MVIS Shares Value
WM Advisors Inc./Wa 372,965 $19,813,766
Federated Investors, Inc. 95,400 $5,068,125
Barclays Bank Plc 70,346 $3,737,131
Dimensional Fund Advisors Inc 56,200 $2,985,625
Lord Abbett & Co 45,000 $2,390,625
Paine Webber Group, Incorporated 37,025 $1,966,953
First Union Corporation 32,845 $1,744,891
American Century Investment Man. 30,000 $1,593,750
Vanguard Group, Inc. (The) 27,500 $1,460,938
Citigroup Inc. 24,195 $1,285,359
Top Mutual Fund Holders of MVIS
Shares Value
WM Growth Fund of The Northwest
436,870 $23,208,719
WM Group of Funds-Emerging Growth Fund
121,080 $6,432,375
WM Small Cap Stock Fund
103,980 $5,523,938
Lord Abbett Developing Growth Fund
100,000 $5,312,500
Guardian North American Trust
39,100 $2,077,188
WM Variable Trust-Small Cap Stock Fund
28,665 $1,522,828
Global Strategy-World Companies Fund
20,000 $1,062,500
WM Variable Trust-Northwest Fund
15,590 $828,219
Vanguard U.S.Stock Index-Vanguard Extended Market Index
12,000 $637,500
WM Deferred Series Inc-Northwest Portfolio
9,195 $488,484
Nett, gell? Wer alles MVIS hat....
Im übrigen befindet sich MVIS bei Verhandlungen in einer starken, offensiven Rolle (im Gegensatz zu anderen Unternehmen....). Zu den Kooperationspartnern (allen voran dem Konsortium um Siemens herum, dem MVIS angehört) muß ich nichts sagen.
Die Fantasie, die MVIS bietet, gestützt durch Fakten, läßt diese Bewertung allemal zu. Man braucht keine Nerven, um MVIS im Depot zu haben. Die nächsten Meldungen, die nächsten Demonstrationen des vds kommen, MVIS hat eine Publicity, von der andere Unternehmen nur träumen können....
Gruß
Michael
ps. bin aber froh wenn Dir noch ein paar Dinge einfallen - ehrlich.
Hallo MVIS-Fangemeinde,
war gestern in Mission Impossible II. Echt beeindruckend die Brille von Tom Cruise. Ich hoffe MVIS gelingt es, so etwas zum Massenproddukt zu machen.
Gruß
For4
war gestern in Mission Impossible II. Echt beeindruckend die Brille von Tom Cruise. Ich hoffe MVIS gelingt es, so etwas zum Massenproddukt zu machen.
Gruß
For4
!
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Gabi:
Ich wollte mit dem Hinweis auf die IBM-Werbung nicht sagen, daß es da irgendeine geschäftliche Beziehung
zwischen Digilens und IBM gibt. Das sollte nur ein Beispiel für das Betätigungsfeld von Digilens sein.
Der Displaytyp aus der IBM-Werbung ist grundsätzlich anders als das System von MVIS, da hier das Bild
auf einem Microdisplay (ca. 5x5 mm) direkt vor dem Auge dargestellt wird und nicht wie bei MVIS erst
IM AUGE entsteht. Also werden für diesen Displaytyp Vergrößerungsoptiken und andere optische Tricks
benötigt werden, damit das Auge nicht permanent auf die kurze Entfernung von wenigen cm fokussieren
muss (sehr anstrengend und schädlich fürs Auge). Ich glaube mit diesen "optischen Tricks" beschäftigt sich
Digilens (digilens.com).
Vom Gefühl her würde ich sagen, daß die Technologie aus der IBM-Werbung schon eine größere
Marktreife hat (zumindest was die Realisierung in einer leichten, unauffälligen Brille angeht). Wobei die MVIS
Technologie natürlich viel faszinierender und auch wohl technisch besser ist.
Ich könnte mir gut vorstellen, daß zunächst die "vor-dem-Auge-Microdisplays" am Markt Einzug halten, um
dann, wenn MVIS soweit ist (2 Jahre später ?), vom MVIS-System abgelöst zu werden. Vorausgesetzt, daß MVIS preislich
konkurrieren können.
Gruß, Fulminator
Ich wollte mit dem Hinweis auf die IBM-Werbung nicht sagen, daß es da irgendeine geschäftliche Beziehung
zwischen Digilens und IBM gibt. Das sollte nur ein Beispiel für das Betätigungsfeld von Digilens sein.
Der Displaytyp aus der IBM-Werbung ist grundsätzlich anders als das System von MVIS, da hier das Bild
auf einem Microdisplay (ca. 5x5 mm) direkt vor dem Auge dargestellt wird und nicht wie bei MVIS erst
IM AUGE entsteht. Also werden für diesen Displaytyp Vergrößerungsoptiken und andere optische Tricks
benötigt werden, damit das Auge nicht permanent auf die kurze Entfernung von wenigen cm fokussieren
muss (sehr anstrengend und schädlich fürs Auge). Ich glaube mit diesen "optischen Tricks" beschäftigt sich
Digilens (digilens.com).
Vom Gefühl her würde ich sagen, daß die Technologie aus der IBM-Werbung schon eine größere
Marktreife hat (zumindest was die Realisierung in einer leichten, unauffälligen Brille angeht). Wobei die MVIS
Technologie natürlich viel faszinierender und auch wohl technisch besser ist.
Ich könnte mir gut vorstellen, daß zunächst die "vor-dem-Auge-Microdisplays" am Markt Einzug halten, um
dann, wenn MVIS soweit ist (2 Jahre später ?), vom MVIS-System abgelöst zu werden. Vorausgesetzt, daß MVIS preislich
konkurrieren können.
Gruß, Fulminator
Hi
Fulminator und M3,
wollte mich nur kurz für eure informativen Ausführungen bedanken.
Melde mich später wieder.
@For4: da weiss Fulminator mehr.
gruss
gabi
Fulminator und M3,
wollte mich nur kurz für eure informativen Ausführungen bedanken.
Melde mich später wieder.
@For4: da weiss Fulminator mehr.
gruss
gabi
Läuft ja alles wie vorhergesagt!
Bei ausbleibender Nachrichtenlage könnte sich ein Boden bei 30-35$ ausbilden. Momentan heißt es abwarten.....
Hat jmd Zeit gehabt sich mit virtualvision auseinander zu setzen?
Cash bereithalten, investieren wenn man sich bewußt ist daß MVIS ein hochvolantiler Wert ist!
Gruß
M_III
Bei ausbleibender Nachrichtenlage könnte sich ein Boden bei 30-35$ ausbilden. Momentan heißt es abwarten.....
Hat jmd Zeit gehabt sich mit virtualvision auseinander zu setzen?
Cash bereithalten, investieren wenn man sich bewußt ist daß MVIS ein hochvolantiler Wert ist!
Gruß
M_III
Hi
M3, ich denke eher, dass MVSN auch die 30 durchschlägt und hart auf der 20 aufschlägt. Ich traue dem Braten noch nicht so ganz. Liegt aber wahrscheinlich daran, dass ich den Wert noch nicht allzu lange beobachte und nicht, im Gegensatz zu Dir, mit ihm gereift bin.
Den Vertauensbonus den ALIF hat, muss ich mir bei MVSN erst erarbeiten. Die Technologie ist faszinierend, das Vermarktungspotential zugegebenermassen gigantisch und Geld scheint erstmal auch genügend vorhanden zu sein. Ja es spricht viel für MVSN.
Aber das derzeitige Marktumfeld ist nunmal bei Fantasiewerten nicht gerade zimperlich.
Wann kommen eigentlich die nächsten Quartalszahlen ?
gruss
gabi
M3, ich denke eher, dass MVSN auch die 30 durchschlägt und hart auf der 20 aufschlägt. Ich traue dem Braten noch nicht so ganz. Liegt aber wahrscheinlich daran, dass ich den Wert noch nicht allzu lange beobachte und nicht, im Gegensatz zu Dir, mit ihm gereift bin.
Den Vertauensbonus den ALIF hat, muss ich mir bei MVSN erst erarbeiten. Die Technologie ist faszinierend, das Vermarktungspotential zugegebenermassen gigantisch und Geld scheint erstmal auch genügend vorhanden zu sein. Ja es spricht viel für MVSN.
Aber das derzeitige Marktumfeld ist nunmal bei Fantasiewerten nicht gerade zimperlich.
Wann kommen eigentlich die nächsten Quartalszahlen ?
gruss
gabi
kleiner Nachtrag.
Was hältst Du eigentlich von Adphos ?
Liegen doch genau auf Deiner Wellenlänge.
Ich werde am Montag ein paar abgreifen, zumal man sie unter Emissionspreis kriegen dürfte.
gabi
Was hältst Du eigentlich von Adphos ?
Liegen doch genau auf Deiner Wellenlänge.
Ich werde am Montag ein paar abgreifen, zumal man sie unter Emissionspreis kriegen dürfte.
gabi
Hi,
Mit Adphos habe ich mich nicht beschäftigt. Die Technologie ist sicherlich interessant, die geplanten Einsatzgebiete (Papier, Druck usw.) machen mich aber nicht sonderlich an. Nach den netten NASDAQ-Vorgaben kann man aber mal provokant niedrige Limits setzen, aber wie gesagt ich brauche den Wert nicht unbedingt.
Zu MVIS (MVSN ist was anderes): Q-Zahlen müßten bald kommen, steigende Umsätze darf man aber (noch) nicht erwarten. Sind auch nicht nötig, da man noch 60Mio$ cash hat, reicht ein wenig. Durchaus möglich, daß die Q-Zahlen als Anlaß genommen werden, um MVIS auf ein sehr billiges Niveau zu drücken.
Ich denke, daß spätestens bei 30, allerspätestens bei 25$ Schluß ist. Eine Bodenbildung auf diesem Niveau ist gut möglich, bevor dann mit neuen Meldungen eine erneute Hausse starten kann. Ein sehr volantiler Wert eben.
Also: beobachten!
Schönen Sonntag noch
Gruß
Michael
Mit Adphos habe ich mich nicht beschäftigt. Die Technologie ist sicherlich interessant, die geplanten Einsatzgebiete (Papier, Druck usw.) machen mich aber nicht sonderlich an. Nach den netten NASDAQ-Vorgaben kann man aber mal provokant niedrige Limits setzen, aber wie gesagt ich brauche den Wert nicht unbedingt.
Zu MVIS (MVSN ist was anderes): Q-Zahlen müßten bald kommen, steigende Umsätze darf man aber (noch) nicht erwarten. Sind auch nicht nötig, da man noch 60Mio$ cash hat, reicht ein wenig. Durchaus möglich, daß die Q-Zahlen als Anlaß genommen werden, um MVIS auf ein sehr billiges Niveau zu drücken.
Ich denke, daß spätestens bei 30, allerspätestens bei 25$ Schluß ist. Eine Bodenbildung auf diesem Niveau ist gut möglich, bevor dann mit neuen Meldungen eine erneute Hausse starten kann. Ein sehr volantiler Wert eben.
Also: beobachten!
Schönen Sonntag noch
Gruß
Michael
Hi Michael und alle Anderen!
Kapital ist scheu wie ein Reh. Diese Eigenschaft ist bei Microvision besonders ausgeprägt. Ich denke, Michael, dass der Grund des Kursrückgangs nicht bei dem Wiederstand liegt, sondern daß sich die Anleger aufgrund der NASDAQ-Schwäche sofort aus Microvision zurückziehen, denn MVIS ist mit der geringen Marktkapitalisierung, wie Du schon sagtest, zu volantil.
Sobald Wolken am NASDAQ-Himmel aufziehen sollte man MVIS genau beobachten und der Wert stürtzt überproportional ab! Das Selbe spielt sich jedoch auch anders herum ab. Dann nämlich wenn der Gesamtmarkt wieder freundlich scheint.
Da ich nicht genug Zeit habe um in diesem Wert zu traden, ist meine Strategie folgende. Bei niedrigen Kursen versuche ich nachzukaufen. So verpasse ich keine Rallye und ich habe genug Anteile billig eingesammelt.
Gruß SF
Kapital ist scheu wie ein Reh. Diese Eigenschaft ist bei Microvision besonders ausgeprägt. Ich denke, Michael, dass der Grund des Kursrückgangs nicht bei dem Wiederstand liegt, sondern daß sich die Anleger aufgrund der NASDAQ-Schwäche sofort aus Microvision zurückziehen, denn MVIS ist mit der geringen Marktkapitalisierung, wie Du schon sagtest, zu volantil.
Sobald Wolken am NASDAQ-Himmel aufziehen sollte man MVIS genau beobachten und der Wert stürtzt überproportional ab! Das Selbe spielt sich jedoch auch anders herum ab. Dann nämlich wenn der Gesamtmarkt wieder freundlich scheint.
Da ich nicht genug Zeit habe um in diesem Wert zu traden, ist meine Strategie folgende. Bei niedrigen Kursen versuche ich nachzukaufen. So verpasse ich keine Rallye und ich habe genug Anteile billig eingesammelt.
Gruß SF
Sieh mal was du da angerichtet hast Michael_III,
ich will ja hier nicht zu besserwisserisch erscheinen, aber Volantilität gibts nicht. Somit gibt es auch keine volantilen Microvision Aktien. Richtig würde es heißen: Microvision ist ein hochvolatiler Wert, oder die Volatilität der Aktie ist unglaublich hoch,... Ich hoffe du nimmst mir das jetzt nicht übel, aber ich finde es irgendwie immer peinlich, wenn Leute Fremdwörter benutzen und die Dinger dann falsch schreiben (Außerdem haust du auch immer schön feste auf die netten Alifer drauf und das finde ich nicht so toll :-).
Ich hoffe übrigens, dass MVIS nochmal unter die 30 fällt, dann kann ich nämlich wieder einsteigen und hoffentlich die hohe Volatilität ein wenig ausnutzen.
Gruß
Sun Tsu
ich will ja hier nicht zu besserwisserisch erscheinen, aber Volantilität gibts nicht. Somit gibt es auch keine volantilen Microvision Aktien. Richtig würde es heißen: Microvision ist ein hochvolatiler Wert, oder die Volatilität der Aktie ist unglaublich hoch,... Ich hoffe du nimmst mir das jetzt nicht übel, aber ich finde es irgendwie immer peinlich, wenn Leute Fremdwörter benutzen und die Dinger dann falsch schreiben (Außerdem haust du auch immer schön feste auf die netten Alifer drauf und das finde ich nicht so toll :-).
Ich hoffe übrigens, dass MVIS nochmal unter die 30 fällt, dann kann ich nämlich wieder einsteigen und hoffentlich die hohe Volatilität ein wenig ausnutzen.
Gruß
Sun Tsu
Morgen zusammen!
Q2- Zahlen von MVIS gibt es am 9.August um 8 Uhr pacific time. Wird sicherlich sehr interessant!
Gruß
Michael
Q2- Zahlen von MVIS gibt es am 9.August um 8 Uhr pacific time. Wird sicherlich sehr interessant!
Gruß
Michael
Wir wollen hier doch nicht kleinlich werden - oder etwa doch?
"Sun Tzu" wird übrigens auch immer wieder falsch geschrieben - der chinesische Feldherr heisst SUNZI. "Die Kunst des Krieges" kann ich i.Ü. nur jedem empfehlen, der sich mit Aktien beschäftigt - oder mit dem Management der heutigen Zeit herumschlägt...
Auf ALIF kann man i.Ü. gar nicht genug einschlagen, IMAO. Wenn man die Threads der letzten Monate so liest, bekommt man als aufmerksamer Beobachter schon graue Haare darüber, wie hier gewisse Tatsachen (Nichterfüllung von Versprechungen, Offensichtlichkeit der Finanzierungsproblematik, Rückzug der Boardgurus(!!!)) unter den Tisch gekehrt werden.
MVIS hat da mit Finanzierungspartnern wie GE & Cree, seinen Koorperationspartnern und dem Kundenklientel schon einen ganz anderen Background - auch wenn ich dem Braten immer noch nur insofern traue, daß ich ihn als geschmackvolle Beilage in die Röhre schiebe - mit dem Bewußtsein, daß mir das gute Stück halt immer noch verbrennen kann...
Ich werde wohl in dieser Woche noch etwas aufstocken - zwar erwarte ich keine berauschenden Zahlen; der Ausblick auf das künftige GJ dürfte jedoch recht interessant ausfallen und ggf. wieder mal einen Schub nach oben bewirken. Dennoch kann ich nur jedem empfehlen, sein Engagement auf max 5 % des Depotvolumens zu begrenzen, schliesslich ist MVIS nach wie vor ein Start-up-Unternehmen, dessen Risiken erst mit dem Markteintritt einigermaßen verlässlich bewertet werden können.
cu @ all
Isaac
"Sun Tzu" wird übrigens auch immer wieder falsch geschrieben - der chinesische Feldherr heisst SUNZI. "Die Kunst des Krieges" kann ich i.Ü. nur jedem empfehlen, der sich mit Aktien beschäftigt - oder mit dem Management der heutigen Zeit herumschlägt...
Auf ALIF kann man i.Ü. gar nicht genug einschlagen, IMAO. Wenn man die Threads der letzten Monate so liest, bekommt man als aufmerksamer Beobachter schon graue Haare darüber, wie hier gewisse Tatsachen (Nichterfüllung von Versprechungen, Offensichtlichkeit der Finanzierungsproblematik, Rückzug der Boardgurus(!!!)) unter den Tisch gekehrt werden.
MVIS hat da mit Finanzierungspartnern wie GE & Cree, seinen Koorperationspartnern und dem Kundenklientel schon einen ganz anderen Background - auch wenn ich dem Braten immer noch nur insofern traue, daß ich ihn als geschmackvolle Beilage in die Röhre schiebe - mit dem Bewußtsein, daß mir das gute Stück halt immer noch verbrennen kann...
Ich werde wohl in dieser Woche noch etwas aufstocken - zwar erwarte ich keine berauschenden Zahlen; der Ausblick auf das künftige GJ dürfte jedoch recht interessant ausfallen und ggf. wieder mal einen Schub nach oben bewirken. Dennoch kann ich nur jedem empfehlen, sein Engagement auf max 5 % des Depotvolumens zu begrenzen, schliesslich ist MVIS nach wie vor ein Start-up-Unternehmen, dessen Risiken erst mit dem Markteintritt einigermaßen verlässlich bewertet werden können.
cu @ all
Isaac
Also Isaac,
wie dir sicherlich bekannt ist, unterscheidet sich die chinesiche Schrift ein wenig von der unsrigen. Daher ist es mehr oder minder pillepalle ob man nun Sun Tsu oder Sun Tzu schreibt. Beides wird gemacht. Sunzi ist natürlich auch richtig (steht jedenfalls auf meinem Buch drauf). Welche der Schreibweisen nun letztendlich 100 % richtig ist, wage ich nicht zu beurteilen. Dafür gibt es ja Leute die sich da anscheinend sehr genau (wohl durch Studium der chinesichen Dialekte bzw. Geshichte) auskennen .
Gruß
Sun Tsu (der eigentlich Sunzi heißt aber nicht weiß wie er geschrieben wird)
wie dir sicherlich bekannt ist, unterscheidet sich die chinesiche Schrift ein wenig von der unsrigen. Daher ist es mehr oder minder pillepalle ob man nun Sun Tsu oder Sun Tzu schreibt. Beides wird gemacht. Sunzi ist natürlich auch richtig (steht jedenfalls auf meinem Buch drauf). Welche der Schreibweisen nun letztendlich 100 % richtig ist, wage ich nicht zu beurteilen. Dafür gibt es ja Leute die sich da anscheinend sehr genau (wohl durch Studium der chinesichen Dialekte bzw. Geshichte) auskennen .
Gruß
Sun Tsu (der eigentlich Sunzi heißt aber nicht weiß wie er geschrieben wird)
*grins*
Konnt`s mir halt nicht verkneifen...
Dein Posting unterstreicht, das Du Deinen Namen mit Bedacht ausgewählt hast - und ihn offensichtlich auch würdig bist
Jetzt aber mal wieder zu MVIS:
Ich habe nicht viel Ahnung von Charttechnik (glaube auch nicht daran), aber da die Amis doch ziemlich darauf abfahren, würde mich mal die Meinung eines Experten dazu interessieren...
Andere Frage, bezogen auf die Veröffentlichung der Quartalszahlen: Über die Annoncierung eines Conference-Calls, der üblicherweise(?) damit einhergeht, habe ich nichts gelesen. Sind denn für den 09.08 nur die nackten - und wenig relevanten - Zahlen zu erwarten, oder werden wir auch eine Kommentierung des CEO inkl. Ausblick auf das kommende Geschäftsjahr erhalten? Wenn nicht, wann findet Dieser statt?
tn + Gruß
Isaac
Konnt`s mir halt nicht verkneifen...
Dein Posting unterstreicht, das Du Deinen Namen mit Bedacht ausgewählt hast - und ihn offensichtlich auch würdig bist
Jetzt aber mal wieder zu MVIS:
Ich habe nicht viel Ahnung von Charttechnik (glaube auch nicht daran), aber da die Amis doch ziemlich darauf abfahren, würde mich mal die Meinung eines Experten dazu interessieren...
Andere Frage, bezogen auf die Veröffentlichung der Quartalszahlen: Über die Annoncierung eines Conference-Calls, der üblicherweise(?) damit einhergeht, habe ich nichts gelesen. Sind denn für den 09.08 nur die nackten - und wenig relevanten - Zahlen zu erwarten, oder werden wir auch eine Kommentierung des CEO inkl. Ausblick auf das kommende Geschäftsjahr erhalten? Wenn nicht, wann findet Dieser statt?
tn + Gruß
Isaac
Microvision kann man seit gestren wieder einsammeln. Viel Spaß dabei!
Gruß
M_III
Gruß
M_III
Microvision, Inc. will broadcast its quarterly results conference call on
Wednesday, August 9, 2000 at 11:00 AM Eastern. This call can be accessed at
http://www.vcall.com/NASApp/VCall/EventPage?ID=30802.
11 am eastern time, was ist das in MEZ???? Bitte um Hilfe!
Gruß
M_III
Wednesday, August 9, 2000 at 11:00 AM Eastern. This call can be accessed at
http://www.vcall.com/NASApp/VCall/EventPage?ID=30802.
11 am eastern time, was ist das in MEZ???? Bitte um Hilfe!
Gruß
M_III
Hallo Michael,
eastern time ist meines Wissens NY time also ganz normal Wallstreet.
Für diese Info schuldest Du mir und allen anderen einen neuen Thread. Der jetzige ist einfach zu lang. Bitte !!
Gruß aus B.
eastern time ist meines Wissens NY time also ganz normal Wallstreet.
Für diese Info schuldest Du mir und allen anderen einen neuen Thread. Der jetzige ist einfach zu lang. Bitte !!
Gruß aus B.
Meine Herren bin ich bescheuert! Jetzt verwechsel ich die Ostküste mit der Westküste. Aber psssst
Mal sehen ob und wenn ja was wir morgen so erfahren... danach können wir ja mal nen neuen Thread aufmachen.
Gruß
M_III
Mal sehen ob und wenn ja was wir morgen so erfahren... danach können wir ja mal nen neuen Thread aufmachen.
Gruß
M_III
Microvision Reports Second Quarter Results Company Achieves Technical Milestones and Forms Partnerships to Support RSD Product Introduction and Micro-Imaging Solutions
BOTHELL, Wash., Aug 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the second quarter and six months
ended June 30, 2000.
Revenue Discussion
For the second quarter 2000, the Company reported a net loss of $6.9 million or
$.60 per share compared to a net loss available for common shareholders of $5.3
million or $.74 per share for the second quarter 1999. For the six months, the
Company reported a net loss of $12.0 million or $1.09 per share compared to net
loss available for common shareholders of $8.4 million or $1.27 per share for
the same period in 1999. Revenues declined slightly in the second quarter 2000
to $1.2 million from $1.4 million in the second quarter 1999 and for the six
months revenues were $3.3 million in 2000 versus $3.7 million in the same period
of 1999.
"We continue to aggressively invest in the development, and marketing of
advanced display and micro-imaging product offerings," stated Rick Rutkowski,
Microvision President and CEO. "While revenue and earnings were slightly below
the comparable period last year, during the quarter we achieved some of the most
significant technical milestones in the Company`s history, delivered beta
systems to key customers, formed important technical and marketing
relationships, and reached an unprecedented level of financial strength with
$57.8 million in cash and investment securities.
"We want to emphasize that our second quarter results do not reflect weakness in
market demand for our product and technology offerings, but rather timing delays
and revisions in contract schedules.
"Microvision continues to derive revenue and gross profit contribution
principally from development contracts awarded by the United States government.
Because the government`s fiscal year ends September 30, our new contracts are
typically negotiated and awarded during the spring, and usually have a one year
period of performance. As a result, our second quarter tends to show seasonal
weakness because it contains a hiatus period between the completion of the prior
year`s work and the commencement of work under new contracts.
"We learned during the second quarter of 2000 that the Army wanted to increase
our contract award for the Virtual Cockpit (VCOP) program from $7.8 million to
$8.4 million in order to support the delivery of an additional Helmet Mounted
Display unit. As a result of this very positive development, we made a decision
to delay certain materials purchases originally planned for the second quarter
in order to gain more favorable pricing from the increased order, which resulted
in the deferment of certain revenues.
"Additionally, we revised our budget and schedule relating to a $1.2 million
subcontract to Boeing in order to reflect a later start date by Boeing than we
had originally anticipated. Our targeted completion date remains the same, but
the revenue recognized from this subcontract will now be loaded towards the
latter part of this year.
"The combined effect of these developments reduced revenue for the period by
several hundred thousand dollars. However, as of June 30, 2000, the Company`s
backlog of development contracts was $6.9 million, the highest quarter end level
in the Company`s history, and we continue to anticipate that revenue for the
year ending December 31, 2000 will show a strong increase over the 1999 year.
"We also took a non-cash charge to earnings of nearly $400,000 during the
quarter, relating to the issuance of certain stock options."
Quarterly Milestones
"We added $34.4 million in new capital during the quarter including a $25
million dollar investment by General Electric Pension Trust and Cree, Inc.
targeted at accelerating the Company`s development of miniature displays for the
mobile internet market," Rutkowski continued.
"Soon after, we demonstrated, for the first time a breakthrough miniature
display that uses just three microminiature Light Emitting Diode (LED) lamps to
create a full-color high-resolution video image of truly impressive quality. We
believe the integration of our scanning display into mobile handsets and mobile
headsets presents a huge opportunity to provide a winning display solution for
the rapidly emerging mobile Internet market. We have already demonstrated the
system to a handful of prospective customers and to some members of the
financial community with very favorable reactions.
"While performing a pedicle screw implant procedure, surgeons at The Wallace
Kettering Neurosciences Institute used a full color version of a retinal
scanning display to successfully validate the superior performance of our
visualization solution. Surgeons at Kettering and at Baylor College of Medicine
will continue to use the display to develop new "image-guided" surgical
procedures and applications. We also anticipate that additional clinical sites
will begin to utilize Microvision`s displays in a variety of areas of surgical
specialization.
"We continue to receive excellent reaction to the beta version of our wearable
display product from partners and customers in the medical and
commercial/industrial market segments. We delivered systems to two medical
customers and to an industrial consortium led by Siemens AG. Customer commentary
continues to focus on the critical importance of display performance in a
wearable computing environment, and on the superior readability, safety and
general utility of our see-through system as compared with currently available
offerings. Twenty units have been produced with nine more expected by the end of
August. Five units have been sold while the rest are being used, or are
scheduled for use, in a number of evaluations and field tests to develop
applications and systems configurations, and to quantify user benefits.
"In order to develop the marketing channel for our product introduction planned
for spring of 2001, we have initiated market development relationships with
partners who are also focused on providing mobile and wearable computing
solutions to commercial/industrial customers. Earlier this year we announced
such a relationship with Xybernaut, a leading developer of wearable computers.
During the second quarter we established a co-marketing relationship with WRQ, a
world leader in PC software connectivity, and we are looking forward to more
positive outcomes in channel development.
"We have also made an auspicious beginning for our imaging solutions group. We
have seen very strong interest in our silicon micromirror technology for
web-enabled scanning readers, and for a variety of image capture applications.
Microvision`s scanning technology is only beginning to attract the attention of
key companies and research sponsors focused on a range of digital imaging
applications.
"On the intellectual property front, our patent position now includes 28 issued
patents and 65 pending patent applications, and we continue to capture
significant and valuable intellectual property relating to our micro-scanning
and display and imaging systems."
Investors will have the opportunity to listen to Microvision`s conference call
regarding Second Quarter 2000 Earnings at 8:00 am PT over the Internet through
Investor Broadcast Networks` Vcall website, located at http://www.vcall.com . To
listen to the live call, please go to the web site at least fifteen minutes
early to register, download, and install any necessary audio software. For those
who cannot listen to the live broadcast, a replay will be available on the Vcall
site shortly after the call.
BOTHELL, Wash., Aug 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the second quarter and six months
ended June 30, 2000.
Revenue Discussion
For the second quarter 2000, the Company reported a net loss of $6.9 million or
$.60 per share compared to a net loss available for common shareholders of $5.3
million or $.74 per share for the second quarter 1999. For the six months, the
Company reported a net loss of $12.0 million or $1.09 per share compared to net
loss available for common shareholders of $8.4 million or $1.27 per share for
the same period in 1999. Revenues declined slightly in the second quarter 2000
to $1.2 million from $1.4 million in the second quarter 1999 and for the six
months revenues were $3.3 million in 2000 versus $3.7 million in the same period
of 1999.
"We continue to aggressively invest in the development, and marketing of
advanced display and micro-imaging product offerings," stated Rick Rutkowski,
Microvision President and CEO. "While revenue and earnings were slightly below
the comparable period last year, during the quarter we achieved some of the most
significant technical milestones in the Company`s history, delivered beta
systems to key customers, formed important technical and marketing
relationships, and reached an unprecedented level of financial strength with
$57.8 million in cash and investment securities.
"We want to emphasize that our second quarter results do not reflect weakness in
market demand for our product and technology offerings, but rather timing delays
and revisions in contract schedules.
"Microvision continues to derive revenue and gross profit contribution
principally from development contracts awarded by the United States government.
Because the government`s fiscal year ends September 30, our new contracts are
typically negotiated and awarded during the spring, and usually have a one year
period of performance. As a result, our second quarter tends to show seasonal
weakness because it contains a hiatus period between the completion of the prior
year`s work and the commencement of work under new contracts.
"We learned during the second quarter of 2000 that the Army wanted to increase
our contract award for the Virtual Cockpit (VCOP) program from $7.8 million to
$8.4 million in order to support the delivery of an additional Helmet Mounted
Display unit. As a result of this very positive development, we made a decision
to delay certain materials purchases originally planned for the second quarter
in order to gain more favorable pricing from the increased order, which resulted
in the deferment of certain revenues.
"Additionally, we revised our budget and schedule relating to a $1.2 million
subcontract to Boeing in order to reflect a later start date by Boeing than we
had originally anticipated. Our targeted completion date remains the same, but
the revenue recognized from this subcontract will now be loaded towards the
latter part of this year.
"The combined effect of these developments reduced revenue for the period by
several hundred thousand dollars. However, as of June 30, 2000, the Company`s
backlog of development contracts was $6.9 million, the highest quarter end level
in the Company`s history, and we continue to anticipate that revenue for the
year ending December 31, 2000 will show a strong increase over the 1999 year.
"We also took a non-cash charge to earnings of nearly $400,000 during the
quarter, relating to the issuance of certain stock options."
Quarterly Milestones
"We added $34.4 million in new capital during the quarter including a $25
million dollar investment by General Electric Pension Trust and Cree, Inc.
targeted at accelerating the Company`s development of miniature displays for the
mobile internet market," Rutkowski continued.
"Soon after, we demonstrated, for the first time a breakthrough miniature
display that uses just three microminiature Light Emitting Diode (LED) lamps to
create a full-color high-resolution video image of truly impressive quality. We
believe the integration of our scanning display into mobile handsets and mobile
headsets presents a huge opportunity to provide a winning display solution for
the rapidly emerging mobile Internet market. We have already demonstrated the
system to a handful of prospective customers and to some members of the
financial community with very favorable reactions.
"While performing a pedicle screw implant procedure, surgeons at The Wallace
Kettering Neurosciences Institute used a full color version of a retinal
scanning display to successfully validate the superior performance of our
visualization solution. Surgeons at Kettering and at Baylor College of Medicine
will continue to use the display to develop new "image-guided" surgical
procedures and applications. We also anticipate that additional clinical sites
will begin to utilize Microvision`s displays in a variety of areas of surgical
specialization.
"We continue to receive excellent reaction to the beta version of our wearable
display product from partners and customers in the medical and
commercial/industrial market segments. We delivered systems to two medical
customers and to an industrial consortium led by Siemens AG. Customer commentary
continues to focus on the critical importance of display performance in a
wearable computing environment, and on the superior readability, safety and
general utility of our see-through system as compared with currently available
offerings. Twenty units have been produced with nine more expected by the end of
August. Five units have been sold while the rest are being used, or are
scheduled for use, in a number of evaluations and field tests to develop
applications and systems configurations, and to quantify user benefits.
"In order to develop the marketing channel for our product introduction planned
for spring of 2001, we have initiated market development relationships with
partners who are also focused on providing mobile and wearable computing
solutions to commercial/industrial customers. Earlier this year we announced
such a relationship with Xybernaut, a leading developer of wearable computers.
During the second quarter we established a co-marketing relationship with WRQ, a
world leader in PC software connectivity, and we are looking forward to more
positive outcomes in channel development.
"We have also made an auspicious beginning for our imaging solutions group. We
have seen very strong interest in our silicon micromirror technology for
web-enabled scanning readers, and for a variety of image capture applications.
Microvision`s scanning technology is only beginning to attract the attention of
key companies and research sponsors focused on a range of digital imaging
applications.
"On the intellectual property front, our patent position now includes 28 issued
patents and 65 pending patent applications, and we continue to capture
significant and valuable intellectual property relating to our micro-scanning
and display and imaging systems."
Investors will have the opportunity to listen to Microvision`s conference call
regarding Second Quarter 2000 Earnings at 8:00 am PT over the Internet through
Investor Broadcast Networks` Vcall website, located at http://www.vcall.com . To
listen to the live call, please go to the web site at least fifteen minutes
early to register, download, and install any necessary audio software. For those
who cannot listen to the live broadcast, a replay will be available on the Vcall
site shortly after the call.
19910 N. Creek Pkwy.
Bothell, WA 98011 Phone: 425-415-6847
Fax: 425-415-6600
http://www.mvis.com
The eye of the beholder is the next high-tech frontier. Microvision`s patented retinal scanning display (RSD) technology uses a small, wearable projector to cast moving images directly onto the wearer`s retina. The development-stage company`s RSD products will enable doctors to view X-rays as they perform surgery and consumers to immerse themselves in the 3-D terrain of computer games. Microvision has created prototypes and generated sales through development contracts with the US government, Saab, and others. The company has alliances with LED pioneer Cree (a Microvision investor) and optics giant Carl Zeiss. Microvision is also developing small scanning engines that link handheld electronic devices to Web sites.
Key People
President and CEO: Richard F. Rutkowski, age 44, $290,000 pay
EVP: Stephen R. Willey, age 46, $240,000 pay
VP, Operations, CFO, and Secretary: Richard A. Raisig, age 52, $210,000 pay
VP, Business Development: Todd R. McIntyre
VP, Research and Product Development: Arthur Minich
Key Numbers
Type: Public Company
Nasdaq: MVIS
Fiscal Year-End: December
1999 Sales (mil.): $6.9
1-Yr. Sales Growth: (2.8)%
1999 Net Inc. (mil.): ($14.7)
1-Yr. Net Inc. Growth: --
1999 Employees: 117
Top Officers
CEO: Richard F. Rutkowski
CFO: Richard A. Raisig
HR: Rick Karnofski
Top Competitors
Motorola
Sony
Texas Instruments
Bothell, WA 98011 Phone: 425-415-6847
Fax: 425-415-6600
http://www.mvis.com
The eye of the beholder is the next high-tech frontier. Microvision`s patented retinal scanning display (RSD) technology uses a small, wearable projector to cast moving images directly onto the wearer`s retina. The development-stage company`s RSD products will enable doctors to view X-rays as they perform surgery and consumers to immerse themselves in the 3-D terrain of computer games. Microvision has created prototypes and generated sales through development contracts with the US government, Saab, and others. The company has alliances with LED pioneer Cree (a Microvision investor) and optics giant Carl Zeiss. Microvision is also developing small scanning engines that link handheld electronic devices to Web sites.
Key People
President and CEO: Richard F. Rutkowski, age 44, $290,000 pay
EVP: Stephen R. Willey, age 46, $240,000 pay
VP, Operations, CFO, and Secretary: Richard A. Raisig, age 52, $210,000 pay
VP, Business Development: Todd R. McIntyre
VP, Research and Product Development: Arthur Minich
Key Numbers
Type: Public Company
Nasdaq: MVIS
Fiscal Year-End: December
1999 Sales (mil.): $6.9
1-Yr. Sales Growth: (2.8)%
1999 Net Inc. (mil.): ($14.7)
1-Yr. Net Inc. Growth: --
1999 Employees: 117
Top Officers
CEO: Richard F. Rutkowski
CFO: Richard A. Raisig
HR: Rick Karnofski
Top Competitors
Motorola
Sony
Texas Instruments
Hallo!
Zahlen unter den Erwartungen. Boeing-Kontrakt von über 1Mio$ erst in Q3. Ausgaben unter Kontrolle, Produkte ab 2001 (dann zählt`s), einige Monate vor dem ursprünglichen Plan, hervorragend.
Jetzt heißt es abwarten und lauern.
Gruß
M_III
Zahlen unter den Erwartungen. Boeing-Kontrakt von über 1Mio$ erst in Q3. Ausgaben unter Kontrolle, Produkte ab 2001 (dann zählt`s), einige Monate vor dem ursprünglichen Plan, hervorragend.
Jetzt heißt es abwarten und lauern.
Gruß
M_III
Microvision Awarded $600K Addition to Bring U.S. Army Contract to $8.4 Million
BOTHELL, Wash., Aug 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) the leader in retinal scanning display technology, today
announced they have been awarded a $600K addition to their recent $7.8 million
contract modification from the U.S. Army`s PM-ACIS office for helmet mounted
displays (HMDs), bringing the contract total to $8.4 million.
The new funds are being added in order to support the delivery of an additional
helmet mounted display for the Virtual Cockpit Optimization Program (VCOP). The
unit will be shipped to Huntsville, AL, for software and vehicle integration,
testing, and evaluation including human factors for a variety of rotorcraft
applications. Microvision will also deliver a prototype HMD to Boeing`s Mesa, AZ
test facility where development and integration testing is conducted for
Boeing`s Apache/Long Bow high performance rotorcraft. Work on the design phase
of the project began in May of this year, with delivery of the systems expected
early next year.
"We are pleased that the U.S. Army continues to show strong support for retinal
scanning display technology and our VCOP collaboration with Boeing. Having
systems available at Boeing and at the Army`s facility in Huntsville will
increase the visibility of the Virtual Cockpit System," stated Rick Rutkowski,
Microvision President and CEO. "We have achieved some significant technological
milestones during the last two years of contracted development for Army aircraft
HMDs. These two units will be our first two color HMDs and we are already
enthusiastic about the prospects for truly superior performance. The U.S. Army
has recently reaffirmed their commitment to modernizing aviation and we believe
that the Virtual Cockpit can play a significant role in this effort."
The recent developments and additional HMD order are part of the governments`
support of Microvision`s strategy to deliver improved visualization capabilities
for military uses. Microvision recently completed a $4.176 million contract from
the U.S. Army`s Aircrew Integrated Systems (ACIS) Program Office, and
successfully delivered a monochrome green helmet-mounted display (HMD) of
unprecedented brightness and resolution. The delivery completed Microvision`s
Phase II contract, announced in March 1999, to develop a high resolution HMD
that incorporates the company`s proprietary retinal scanning display technology
for ACIS` Aircrew Integrated Helmet System (AIHS) program.
About Virtual Cockpit
The virtual cockpit system consists of a powerful processor and graphics
generator that collects and processes flight data, mission cues, and sensor
imagery from the aircraft systems and then merges and presents the information
to the pilot in a graphical "heads-up" mode on Microvision`s RSD-based helmet
mounted display. Microvision`s retinal scanning display was selected for its
unique ability to deliver high-resolution color images that are "readable" in
full sunlight conditions. Color is a unique and essential feature for the
information-rich Virtual Cockpit environment, because a monochrome display can
become confusing as the graphic interface includes more and more visual
elements. The VCOP system has the potential to dramatically reduce the high cost
of upgrading existing aircraft. By employing an advanced HMD display system in
the cockpit, many older instruments and gauges can be either removed or used in
a back up mode only, which allows for weight and power savings, in addition to
savings in the development and installation of replacement systems. The ability
of a helmet-mounted display to overlay flight reference data, sensor imagery,
and weapons symbology, on the outside world can also provide a very powerful
performance boost to both aircraft and pilot. When a pilot can view "keep out
zones" from threat radar and missile sites and superimpose a safe
"pathway-in-the-sky" flight path, they gain a significant improvement in
survivability and mission effectiveness.
------------------
Anm.: Schafft es MVIS den Technologievorsprung zu halten werden sie sämtliche Cockpits der Luftflotten ausrüsten. Das amerikanische Militär ist verrückt nach vds. Die Forschungsausgaben sind gerechtfertigt.
M_3
BOTHELL, Wash., Aug 9, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) the leader in retinal scanning display technology, today
announced they have been awarded a $600K addition to their recent $7.8 million
contract modification from the U.S. Army`s PM-ACIS office for helmet mounted
displays (HMDs), bringing the contract total to $8.4 million.
The new funds are being added in order to support the delivery of an additional
helmet mounted display for the Virtual Cockpit Optimization Program (VCOP). The
unit will be shipped to Huntsville, AL, for software and vehicle integration,
testing, and evaluation including human factors for a variety of rotorcraft
applications. Microvision will also deliver a prototype HMD to Boeing`s Mesa, AZ
test facility where development and integration testing is conducted for
Boeing`s Apache/Long Bow high performance rotorcraft. Work on the design phase
of the project began in May of this year, with delivery of the systems expected
early next year.
"We are pleased that the U.S. Army continues to show strong support for retinal
scanning display technology and our VCOP collaboration with Boeing. Having
systems available at Boeing and at the Army`s facility in Huntsville will
increase the visibility of the Virtual Cockpit System," stated Rick Rutkowski,
Microvision President and CEO. "We have achieved some significant technological
milestones during the last two years of contracted development for Army aircraft
HMDs. These two units will be our first two color HMDs and we are already
enthusiastic about the prospects for truly superior performance. The U.S. Army
has recently reaffirmed their commitment to modernizing aviation and we believe
that the Virtual Cockpit can play a significant role in this effort."
The recent developments and additional HMD order are part of the governments`
support of Microvision`s strategy to deliver improved visualization capabilities
for military uses. Microvision recently completed a $4.176 million contract from
the U.S. Army`s Aircrew Integrated Systems (ACIS) Program Office, and
successfully delivered a monochrome green helmet-mounted display (HMD) of
unprecedented brightness and resolution. The delivery completed Microvision`s
Phase II contract, announced in March 1999, to develop a high resolution HMD
that incorporates the company`s proprietary retinal scanning display technology
for ACIS` Aircrew Integrated Helmet System (AIHS) program.
About Virtual Cockpit
The virtual cockpit system consists of a powerful processor and graphics
generator that collects and processes flight data, mission cues, and sensor
imagery from the aircraft systems and then merges and presents the information
to the pilot in a graphical "heads-up" mode on Microvision`s RSD-based helmet
mounted display. Microvision`s retinal scanning display was selected for its
unique ability to deliver high-resolution color images that are "readable" in
full sunlight conditions. Color is a unique and essential feature for the
information-rich Virtual Cockpit environment, because a monochrome display can
become confusing as the graphic interface includes more and more visual
elements. The VCOP system has the potential to dramatically reduce the high cost
of upgrading existing aircraft. By employing an advanced HMD display system in
the cockpit, many older instruments and gauges can be either removed or used in
a back up mode only, which allows for weight and power savings, in addition to
savings in the development and installation of replacement systems. The ability
of a helmet-mounted display to overlay flight reference data, sensor imagery,
and weapons symbology, on the outside world can also provide a very powerful
performance boost to both aircraft and pilot. When a pilot can view "keep out
zones" from threat radar and missile sites and superimpose a safe
"pathway-in-the-sky" flight path, they gain a significant improvement in
survivability and mission effectiveness.
------------------
Anm.: Schafft es MVIS den Technologievorsprung zu halten werden sie sämtliche Cockpits der Luftflotten ausrüsten. Das amerikanische Militär ist verrückt nach vds. Die Forschungsausgaben sind gerechtfertigt.
M_3
Hi,
so da bin ich!
Was macht denn unser MILLIARDEN $ - Unternehmen ?? ... Wann darf ich bei Microvision mit den von Michael_III avisierten Milliarden Umsaetzen rechnen. 2000, 2001 oder in 2002???
Wie setzen sich denn die 3,3 MILLIONEN Umsatz aus dem 1. Halbjahr 2000 zusammen. Welche Umsaetze wurden aus den Partnerschaften mit Siemens und General Electrics im 1. Halbjahr generiert?
Warum fallen die Umsaetze seit zwei Quartalen ?? .. und warum steigen die Verluste so enorm ?? Hat das Management die Kosten ueberhaupt unter Kontrolle und wird das Unternehmen zum Kapitalvernichter, wie es so viele an der NASDAQ gibt ?? Gibt es Vergleiche zu BAAN ???
Fragen ueber Fragen! Aber der MVIS - Kenner Michael_III wird hier bestimmt Antworten haben!
so da bin ich!
Was macht denn unser MILLIARDEN $ - Unternehmen ?? ... Wann darf ich bei Microvision mit den von Michael_III avisierten Milliarden Umsaetzen rechnen. 2000, 2001 oder in 2002???
Wie setzen sich denn die 3,3 MILLIONEN Umsatz aus dem 1. Halbjahr 2000 zusammen. Welche Umsaetze wurden aus den Partnerschaften mit Siemens und General Electrics im 1. Halbjahr generiert?
Warum fallen die Umsaetze seit zwei Quartalen ?? .. und warum steigen die Verluste so enorm ?? Hat das Management die Kosten ueberhaupt unter Kontrolle und wird das Unternehmen zum Kapitalvernichter, wie es so viele an der NASDAQ gibt ?? Gibt es Vergleiche zu BAAN ???
Fragen ueber Fragen! Aber der MVIS - Kenner Michael_III wird hier bestimmt Antworten haben!
Hallo smb!
Freut mich heir ein Fan zu haben! Schon 10 shares gekauft? Sind heute wieder 6% teurer geworden, und das nach den Zahlen!
Also, zu Deinen Fragen: MVIS generiert derzeit nur Umsätze durch Auslieferung von Prototypen. Ein Prototyp an Boeing ist ausgeliefert aber wird erst in Q3 fällig. Volumen >1 Mio$. Du siehst, es interessiert nicht ob man in der Forschungsphase steigende oder fallende Umsätze hat, sondern es interessiert ob die Forschung die gewünschten Ergebnisse erzielt oder nicht.
Im CC kam u.a. heraus, daß erste Produkte schon Frühjahr 2001 auf den Markt kommen werden. Das ist ein Jahr früher wie geplant. Milliarden werden sie 2001, 2002 und 2003 noch nicht umsetzen können, dazu fehlen noch die Kapazitäten.
Für 2004 gehen Analysten davon aus, daß allein in den USA ein Marktvolumen von 10 Mrd$ für display systeme a la MVIS herrschen wird. Also ein realistisches Ziel für MVIS, bis dahin die Technologieführerschaft zu halten und sich den größten Teil des Marktes zu sichern.
- vds systeme sehr wahrscheinlich bald in den Luftflotten weltweit.
- vds systeme in der automatisierten Fertigung / Fabrik von morgen
- Schau Dir den Prototypen der Brille an, dann weißt Du was da auf uns zukommen kann. Es funktioniert jetzt schon und alle netten Dinge von MVIS sind noch netter patentiert!
Gruß
M_3
Freut mich heir ein Fan zu haben! Schon 10 shares gekauft? Sind heute wieder 6% teurer geworden, und das nach den Zahlen!
Also, zu Deinen Fragen: MVIS generiert derzeit nur Umsätze durch Auslieferung von Prototypen. Ein Prototyp an Boeing ist ausgeliefert aber wird erst in Q3 fällig. Volumen >1 Mio$. Du siehst, es interessiert nicht ob man in der Forschungsphase steigende oder fallende Umsätze hat, sondern es interessiert ob die Forschung die gewünschten Ergebnisse erzielt oder nicht.
Im CC kam u.a. heraus, daß erste Produkte schon Frühjahr 2001 auf den Markt kommen werden. Das ist ein Jahr früher wie geplant. Milliarden werden sie 2001, 2002 und 2003 noch nicht umsetzen können, dazu fehlen noch die Kapazitäten.
Für 2004 gehen Analysten davon aus, daß allein in den USA ein Marktvolumen von 10 Mrd$ für display systeme a la MVIS herrschen wird. Also ein realistisches Ziel für MVIS, bis dahin die Technologieführerschaft zu halten und sich den größten Teil des Marktes zu sichern.
- vds systeme sehr wahrscheinlich bald in den Luftflotten weltweit.
- vds systeme in der automatisierten Fertigung / Fabrik von morgen
- Schau Dir den Prototypen der Brille an, dann weißt Du was da auf uns zukommen kann. Es funktioniert jetzt schon und alle netten Dinge von MVIS sind noch netter patentiert!
Gruß
M_3
Ich bin auch da ...
Wollen doch mal schauen, was es in den nächsten Monaten und Jahren so Neues gibt bei MVIS ... außer den Katastrophenzahlen ... aber die interessieren ja nicht ... sind ja `fettest` finanziert ... ... 58 Mio USD Cash ... wie schon heute einmal erwähnt: ich sehe noch ca. 7 Quartale (das ist dann bis Herbst 2001), dann sieht`s nicht mehr so gut aus ... ich hoffe, die Produkte gehen spätestens dann über die Forschung hinaus ! Und MVIS wird bald mal nicht einen Umsatzrückgang, sondern ein (kleines) Umsatzwachstum hinlegen ... von Kostenkontrolle mal ganz zu schweigen !! ... aber ist eben alles im Forschungsstadium bei MVIS ...
Die MVIS-Produktidee ist sicherlich sehr interessant und zukunftsträchtig. Haken an der Geschichte: die Praxis ... also die Märkte, die entscheiden, ob ein Produkt ankommt oder nicht ... Deine Worte, oder?
Aber da Du ja so ein Experte bist, möchte ich Dir einmal KURZ erläutern, wie lange es in der Praxis dauern wird, bis auch nur ein visuelles System sich in einem Cockpit eines Verkehrsflugzeuges befinden wird: nach LBA-Richtlinien (Du kennst das LBA?) so ca. langweilige 5 Jahre ... ... in diesem Sinne sei ganz kurz angemerkt, daß die EADS (oder sagen wir mal Airbus) seit 1987 ein visuelles Display baut ... nicht auf die Augen gespiegelt, sondern als Head-Up-Displays ... aber das spielt in der Flugpraxis keine Rolle ...
Ach ja: ich fliege selber ... nicht beruflich, aber immerhin ... wir können also ganz fundiert miteinander diskutieren ...
Ich habe mir heute 7 MVIS-Shares zugelegt ... muß ja auch mal in die Zukunft investieren ... und die horrenden Verluste bei einer anderen Aktie ausgleichen ... ... und Du wirst es nicht glauben ... aber MVIS halte ich auch etwas länger ... bin aber trotzdem nicht verliebt in MVIS ... bin eben sehr kritisch ... wenn Du weißt, was ich meine ...
Meine allerherzlichsten Grüße
Flugzeug_2
Wollen doch mal schauen, was es in den nächsten Monaten und Jahren so Neues gibt bei MVIS ... außer den Katastrophenzahlen ... aber die interessieren ja nicht ... sind ja `fettest` finanziert ... ... 58 Mio USD Cash ... wie schon heute einmal erwähnt: ich sehe noch ca. 7 Quartale (das ist dann bis Herbst 2001), dann sieht`s nicht mehr so gut aus ... ich hoffe, die Produkte gehen spätestens dann über die Forschung hinaus ! Und MVIS wird bald mal nicht einen Umsatzrückgang, sondern ein (kleines) Umsatzwachstum hinlegen ... von Kostenkontrolle mal ganz zu schweigen !! ... aber ist eben alles im Forschungsstadium bei MVIS ...
Die MVIS-Produktidee ist sicherlich sehr interessant und zukunftsträchtig. Haken an der Geschichte: die Praxis ... also die Märkte, die entscheiden, ob ein Produkt ankommt oder nicht ... Deine Worte, oder?
Aber da Du ja so ein Experte bist, möchte ich Dir einmal KURZ erläutern, wie lange es in der Praxis dauern wird, bis auch nur ein visuelles System sich in einem Cockpit eines Verkehrsflugzeuges befinden wird: nach LBA-Richtlinien (Du kennst das LBA?) so ca. langweilige 5 Jahre ... ... in diesem Sinne sei ganz kurz angemerkt, daß die EADS (oder sagen wir mal Airbus) seit 1987 ein visuelles Display baut ... nicht auf die Augen gespiegelt, sondern als Head-Up-Displays ... aber das spielt in der Flugpraxis keine Rolle ...
Ach ja: ich fliege selber ... nicht beruflich, aber immerhin ... wir können also ganz fundiert miteinander diskutieren ...
Ich habe mir heute 7 MVIS-Shares zugelegt ... muß ja auch mal in die Zukunft investieren ... und die horrenden Verluste bei einer anderen Aktie ausgleichen ... ... und Du wirst es nicht glauben ... aber MVIS halte ich auch etwas länger ... bin aber trotzdem nicht verliebt in MVIS ... bin eben sehr kritisch ... wenn Du weißt, was ich meine ...
Meine allerherzlichsten Grüße
Flugzeug_2
Hi,
@Michael_III, nun "Fan" scheint im Moment etwas uebertrieben ... aber ich bin nunmehr MVIS - Aktionaer!
... und wie leidlich bekannt, gelte ich als sehr arbeitsamer Akionaer .. das heisst, MVIS kriegt jetzt auch Fragen .. mal sehen, wie hier die IR so laeuft .. auch Kunden, Journalisten etc. kriegen meine Fragen auf den Tisch .. nur, reisen werde ich fuer diesen Wert (noch ???) nicht ... dafuer ist die eingesetzte Investitionssumme dann doch zu niedrig!
Aber ich will kein Geld verlieren ... nicht 1 Euro ... auch nicht bei MVIS! ... also schau ich mir die naechste Zeit diese Company mal naeher an --- habe ja entgegen meinen bisherigen Gepflogenheiten, den Wert vor Kauf nicht genauestens unter die Lupe genommen --- !!!
So, das mit der Forschung ist ja verstaendlich! Aber in ein Forschungsunternehmen Geld zu stecken kann teuer werden! ... Bin also schon mehr dafuer, dass in absehbarer Zeit Geld verdient wird. Lassen wir also 2000 fuer´s erste noch gelten ... aber ab 2001 muessen dann schon mal Umsaetze her! .. oder ???
Ist das mit den Patentrechten 100 Prozent sicher ??? .. und was ist genau patentiert! ... Patentrechte -und das weiss ich aus eigener Erfahrung- sind leider oft genug "umgehbar" und ziehen langwierige und teuer Prozesse nach sich ... aber natuerlich sind sie aeusserst wichtig!
Was mich auf den ersten Blick etwas besorgt macht, ist der kraeftige Anstieg der Verluste im 1. Halbjahr 2000! .. Nun gibt es ja seit Barrons genug Todeslisten-Aspiranten -sinnvoll oder nicht sei dahingestellt!- und "Cash-Burning" ist in aller Munde. Wie sieht es bei MVIS mit Kostenmanagement aus! Wird jeder Dollar wirklich zweimal umgedreht bis er ausgegeben wird ???
Wie sieht Deine Planung fuer MVIS fuer die naechsten 6 Monate aus ?? ... Hast Du Umsatz - und Gewinn/Verlust-Prognosen fuer Dich erstellt ??? - um den Weg des Unternehmens anhand Deiner Zielsetzungen zu verfolgen ??
Wie lange reicht Deiner Meinung nach der Cash aus, um bei bestehenden Umsatzgroessen bestehen zu koennen ... wann wird "Fresh-Money" notwendig ... oder wird es ohne zusaetzliche Kapitalerhoehungen gehen ??
@F_2, schoen das Du hier bist ... vielleicht finden wir neben Artificial Life Inc., Boston die naechste Anlageperle ?? .. Dann haette der "Streit" von mir und M_3 auch was Sinnvolles gehabt! Bin gespannt auf Deine Fragen und Meinungen -auch weil Du gerade als "Flieger" so Deine Erfahrungen in einem der MVIS-Einsatzgebiete hast!
@Michael_III, nun "Fan" scheint im Moment etwas uebertrieben ... aber ich bin nunmehr MVIS - Aktionaer!
... und wie leidlich bekannt, gelte ich als sehr arbeitsamer Akionaer .. das heisst, MVIS kriegt jetzt auch Fragen .. mal sehen, wie hier die IR so laeuft .. auch Kunden, Journalisten etc. kriegen meine Fragen auf den Tisch .. nur, reisen werde ich fuer diesen Wert (noch ???) nicht ... dafuer ist die eingesetzte Investitionssumme dann doch zu niedrig!
Aber ich will kein Geld verlieren ... nicht 1 Euro ... auch nicht bei MVIS! ... also schau ich mir die naechste Zeit diese Company mal naeher an --- habe ja entgegen meinen bisherigen Gepflogenheiten, den Wert vor Kauf nicht genauestens unter die Lupe genommen --- !!!
So, das mit der Forschung ist ja verstaendlich! Aber in ein Forschungsunternehmen Geld zu stecken kann teuer werden! ... Bin also schon mehr dafuer, dass in absehbarer Zeit Geld verdient wird. Lassen wir also 2000 fuer´s erste noch gelten ... aber ab 2001 muessen dann schon mal Umsaetze her! .. oder ???
Ist das mit den Patentrechten 100 Prozent sicher ??? .. und was ist genau patentiert! ... Patentrechte -und das weiss ich aus eigener Erfahrung- sind leider oft genug "umgehbar" und ziehen langwierige und teuer Prozesse nach sich ... aber natuerlich sind sie aeusserst wichtig!
Was mich auf den ersten Blick etwas besorgt macht, ist der kraeftige Anstieg der Verluste im 1. Halbjahr 2000! .. Nun gibt es ja seit Barrons genug Todeslisten-Aspiranten -sinnvoll oder nicht sei dahingestellt!- und "Cash-Burning" ist in aller Munde. Wie sieht es bei MVIS mit Kostenmanagement aus! Wird jeder Dollar wirklich zweimal umgedreht bis er ausgegeben wird ???
Wie sieht Deine Planung fuer MVIS fuer die naechsten 6 Monate aus ?? ... Hast Du Umsatz - und Gewinn/Verlust-Prognosen fuer Dich erstellt ??? - um den Weg des Unternehmens anhand Deiner Zielsetzungen zu verfolgen ??
Wie lange reicht Deiner Meinung nach der Cash aus, um bei bestehenden Umsatzgroessen bestehen zu koennen ... wann wird "Fresh-Money" notwendig ... oder wird es ohne zusaetzliche Kapitalerhoehungen gehen ??
@F_2, schoen das Du hier bist ... vielleicht finden wir neben Artificial Life Inc., Boston die naechste Anlageperle ?? .. Dann haette der "Streit" von mir und M_3 auch was Sinnvolles gehabt! Bin gespannt auf Deine Fragen und Meinungen -auch weil Du gerade als "Flieger" so Deine Erfahrungen in einem der MVIS-Einsatzgebiete hast!
Welcome smb,
nachdem Du nun erstmal Deinen Ärger über den - aus Deiner Sicht - durch Michael "verhunzten" ALIF-Thread losgeworden bist, scheint sich Deine Anwesenheit hier offensichtlich doch noch auszuzahlen...
Lassen wir die laserbasierten VDS-Systeme doch mal außen vor: Auch ich bin der Meinung, daß es hier nicht nur absehbar ebenbürtige Alternativen, sondern insbesondere auch um ein vielfaches mächtigere Konkurrenten gibt (z.B. Sony -> Glasstron). Der Markt und auch diese Form der Systemlösung sind sicherlich interessant, aber für mich wären diese Punkte längst nicht überzeugend genug, um MVIS meinerseits "Risikokapital" zur Verfügung zu stellen...
Wesentlich interessanter - und ausschlaggebend für meine bisherige Investition - ist die LED-basierte, monookulare Direktprojektion, ´die basierend auf einer DLP-ähnlichen Technologien in Wep-Pads bzw. insbesondere die kommende Generation der UMTS-Geräte eingebaut werden kann und dem Anwender einen virtuellen 17``-Monitor vor Augen(n) führt. Die diesbezüglichen Informationen habe ich in meinem Post vom 09.07 / 18:36:56 zusammengefasst. Diese geradezu sensationelle Technologie hat zu einem Einstieg von Cree und General Electric geführt und ist m.E. auch die einzige Grundlage für das Abkommen mit Abkommen mit Siemens (und den Partnern des Konsortiums Motorola, Daimler, VW u.v.a.). Da ich von dieser Idee absolut überzeugt bin und auch weiß, daß und wie die Technologie funktioniert, werde ich mich bezüglich meiner aktuellen und künftigen Investitionen vor allem an diesem Thema orientieren.
Wenn Du also mit Deiner "Arbeit als Aktionär" auch bei MVIS ernst machst, möchte ich Dich darum bitten, diese Thematik mal ganz besonders unter die Lupe zu nehmen. Die Finanzierungspartner Cree und GE geben dem Ganzen ein vergleichsweise hohes Maß an Sicherheit; auch sollte angesichts der Höhe der Investitionen klar sein, daß die Forschungs- und Vermarktungsschwerpunkte von MVIS sich insbesondere auf dieses Segment konzentrieren sollten. Werden die Planungen in diesem Bereich eingehalten und die gesetzten Ziele erreicht, sehe ich ein gigantisches Potential, daß mit der Verbreitung von UMTS einen regelrechten Massenmarkt erschliessen könnte - und damit auch jede Menge $$$ für MVIS-Aktionäre
cu all
Isaac
nachdem Du nun erstmal Deinen Ärger über den - aus Deiner Sicht - durch Michael "verhunzten" ALIF-Thread losgeworden bist, scheint sich Deine Anwesenheit hier offensichtlich doch noch auszuzahlen...
Lassen wir die laserbasierten VDS-Systeme doch mal außen vor: Auch ich bin der Meinung, daß es hier nicht nur absehbar ebenbürtige Alternativen, sondern insbesondere auch um ein vielfaches mächtigere Konkurrenten gibt (z.B. Sony -> Glasstron). Der Markt und auch diese Form der Systemlösung sind sicherlich interessant, aber für mich wären diese Punkte längst nicht überzeugend genug, um MVIS meinerseits "Risikokapital" zur Verfügung zu stellen...
Wesentlich interessanter - und ausschlaggebend für meine bisherige Investition - ist die LED-basierte, monookulare Direktprojektion, ´die basierend auf einer DLP-ähnlichen Technologien in Wep-Pads bzw. insbesondere die kommende Generation der UMTS-Geräte eingebaut werden kann und dem Anwender einen virtuellen 17``-Monitor vor Augen(n) führt. Die diesbezüglichen Informationen habe ich in meinem Post vom 09.07 / 18:36:56 zusammengefasst. Diese geradezu sensationelle Technologie hat zu einem Einstieg von Cree und General Electric geführt und ist m.E. auch die einzige Grundlage für das Abkommen mit Abkommen mit Siemens (und den Partnern des Konsortiums Motorola, Daimler, VW u.v.a.). Da ich von dieser Idee absolut überzeugt bin und auch weiß, daß und wie die Technologie funktioniert, werde ich mich bezüglich meiner aktuellen und künftigen Investitionen vor allem an diesem Thema orientieren.
Wenn Du also mit Deiner "Arbeit als Aktionär" auch bei MVIS ernst machst, möchte ich Dich darum bitten, diese Thematik mal ganz besonders unter die Lupe zu nehmen. Die Finanzierungspartner Cree und GE geben dem Ganzen ein vergleichsweise hohes Maß an Sicherheit; auch sollte angesichts der Höhe der Investitionen klar sein, daß die Forschungs- und Vermarktungsschwerpunkte von MVIS sich insbesondere auf dieses Segment konzentrieren sollten. Werden die Planungen in diesem Bereich eingehalten und die gesetzten Ziele erreicht, sehe ich ein gigantisches Potential, daß mit der Verbreitung von UMTS einen regelrechten Massenmarkt erschliessen könnte - und damit auch jede Menge $$$ für MVIS-Aktionäre
cu all
Isaac
Hallo,
@Isaac, Dein Posting vom 09.07. ist recht interessant und vermittelt auch Wissen! Danke!!! ... die Technik ist immer die eine Seite .. und Partner die andere .. auch hier kann ich aus eigener Erfahrung sagen, dass es nicht immer vorteilhaft sein muss .. in dem Stadium, in dem sich MVIS im Moment wohl befindet (hier habe ich aber noch Aufklaerungsbedarf!) Partner vom Schlage einer SIEMENS ins Boot zu holen. Gerade die BigPlayers treiben so ihre Spielchen mit "kleinen" technologischen Entwicklungsfirmen .. die Leine, welche mit Money angelegt wird .. kann sich eines Tages als wirkliche Leine erweisen .. und Leinen sind oftmals um den Hals angelegt .. ..! Also die Freude ueber solche Partner, sollte immer einhergehen mit einem gesunden Misstrauen .. nicht alles, was von den Jungs "gefoerdert" worden ist, ging in den Markt! .. manchmal sind denen 25 Mio (USD, Euro ... egal!) wert genug eine Technologie zu "erforschen" und je nach eigenem Kalkuel verwerten/nicht verwerten/spaeter verwerten/mit anderen verwerten/ etc. etc. ... also in meinen Augen nicht von vornherein negativ .. aber ob positiv wird sich noch zeigen!
Da ich kein Techi bin ... und wohl auch nie werde .. .. bin ich Dir jetzt schon dafuer dankbar, wenn Du Deine technischen Analysen "fuer jeden Balla" verstaendlich postest!
@Isaac, Dein Posting vom 09.07. ist recht interessant und vermittelt auch Wissen! Danke!!! ... die Technik ist immer die eine Seite .. und Partner die andere .. auch hier kann ich aus eigener Erfahrung sagen, dass es nicht immer vorteilhaft sein muss .. in dem Stadium, in dem sich MVIS im Moment wohl befindet (hier habe ich aber noch Aufklaerungsbedarf!) Partner vom Schlage einer SIEMENS ins Boot zu holen. Gerade die BigPlayers treiben so ihre Spielchen mit "kleinen" technologischen Entwicklungsfirmen .. die Leine, welche mit Money angelegt wird .. kann sich eines Tages als wirkliche Leine erweisen .. und Leinen sind oftmals um den Hals angelegt .. ..! Also die Freude ueber solche Partner, sollte immer einhergehen mit einem gesunden Misstrauen .. nicht alles, was von den Jungs "gefoerdert" worden ist, ging in den Markt! .. manchmal sind denen 25 Mio (USD, Euro ... egal!) wert genug eine Technologie zu "erforschen" und je nach eigenem Kalkuel verwerten/nicht verwerten/spaeter verwerten/mit anderen verwerten/ etc. etc. ... also in meinen Augen nicht von vornherein negativ .. aber ob positiv wird sich noch zeigen!
Da ich kein Techi bin ... und wohl auch nie werde .. .. bin ich Dir jetzt schon dafuer dankbar, wenn Du Deine technischen Analysen "fuer jeden Balla" verstaendlich postest!
@smb: Sollte MVIS nur einen BigPlayer im Boot haben würde ich Deine Einwände gelten lassen. Es ist aber nicht nur die große Siemens, sondern auch Motorola, GE, Daimler, VW, Boeing usw. MVIS hat in der Vergangenheit gezeigt, daß sie keine Probleme haben die größten ihrer Branche als Partner zu präsentieren. Natürlich wollen diese auch ihren Vorteil herausziehen, werden sie auch, aber in einer starken Position ist MVIS aufgrund seines patentierten vds-system.
Nicht zu vergessen das amerikanische Militär als zahlungskräftigstes Unternehmen weltweit. Vor kurzem kam ein Bericht in einer Zeitung wie der Soldat in wenigen Jahren aussehen wird von der Ausrüstung her: Die Kleidung paßt sich dem Bild der Umgebung an (Chamäleon), und dreimal darfst Du jetzt raten wer dieses System herstellt...
Ist nur ein einziges Einsatzgebiet...
M_3
Nicht zu vergessen das amerikanische Militär als zahlungskräftigstes Unternehmen weltweit. Vor kurzem kam ein Bericht in einer Zeitung wie der Soldat in wenigen Jahren aussehen wird von der Ausrüstung her: Die Kleidung paßt sich dem Bild der Umgebung an (Chamäleon), und dreimal darfst Du jetzt raten wer dieses System herstellt...
Ist nur ein einziges Einsatzgebiet...
M_3
Hallo,
da scheint mal wieder jemand nicht zu begreifen ... das ich keine "Einwaende" erhebe sonder ein Invest "begreifen" will ... deshalb viele Fragen zu dieser Zeit, keine negativ gemeint ... ich befinde mich bei MVIS in der "Lernphase" ... Schritt fuer Schritt!
Ich werde hier weder agitieren noch polemisieren .. ich habe mir nun mal fuer ein paar Euro ein Invest geleistet .. und nun geht´s wie bei jedem Invest an die Arbeit. Ist das so schwer zu begreifen???
Und ich brauche hier keine Allgemeinplaetze .. wie z.B. "das US-Militaer ist der zahlungskraeftigste Kunde der Welt" etc. etc. .. es geht um Facts ... Auftraege .. Summen .. Absicherungen .. und .. und .. und ..
Auch mit der Aufzaehlung von Namen "Daimler, Boing, VW ..... " fange ich nichts an! Was steckt jeweils dahinter ???
Ich kann auch als Firma an DaimlerChrysler Toilettenpapier liefern ... dann habe ich den Grosskunden DAIMLER ... na und ??? .... Ich kann mit jeder Papierrolle 22 EuroCent verlieren ... was war´s dann fuer ein Geschaeft ???
Also nicht nur bei Anderen Facts einfordern ... selbst Facts liefern ... und bitte keine Allgemeinplaetze mehr!! Ich bin hier jetzt am "Arbeiten" und das ist eine ernsthafte Angelegenheit! Falls jemand nur zum Spass rumposten will soll er´s jetzt sagen .. dann gehe ich wieder raus!
da scheint mal wieder jemand nicht zu begreifen ... das ich keine "Einwaende" erhebe sonder ein Invest "begreifen" will ... deshalb viele Fragen zu dieser Zeit, keine negativ gemeint ... ich befinde mich bei MVIS in der "Lernphase" ... Schritt fuer Schritt!
Ich werde hier weder agitieren noch polemisieren .. ich habe mir nun mal fuer ein paar Euro ein Invest geleistet .. und nun geht´s wie bei jedem Invest an die Arbeit. Ist das so schwer zu begreifen???
Und ich brauche hier keine Allgemeinplaetze .. wie z.B. "das US-Militaer ist der zahlungskraeftigste Kunde der Welt" etc. etc. .. es geht um Facts ... Auftraege .. Summen .. Absicherungen .. und .. und .. und ..
Auch mit der Aufzaehlung von Namen "Daimler, Boing, VW ..... " fange ich nichts an! Was steckt jeweils dahinter ???
Ich kann auch als Firma an DaimlerChrysler Toilettenpapier liefern ... dann habe ich den Grosskunden DAIMLER ... na und ??? .... Ich kann mit jeder Papierrolle 22 EuroCent verlieren ... was war´s dann fuer ein Geschaeft ???
Also nicht nur bei Anderen Facts einfordern ... selbst Facts liefern ... und bitte keine Allgemeinplaetze mehr!! Ich bin hier jetzt am "Arbeiten" und das ist eine ernsthafte Angelegenheit! Falls jemand nur zum Spass rumposten will soll er´s jetzt sagen .. dann gehe ich wieder raus!
Hi,
ausserdem habe ich hinsichtlich patentrechtlicher Absicherung ein Frage gestellt. Was ist abgesichert ??? ...
Mir genuegen auch kurze Quellangaben, dann schaue ich selbst nach.
Dann sind noch einige Fragen aus den letzten Postings auf .. bitte um Antwort .. oder krieg´ ich hier wirklich nur Allgemeinplaetze um die Ohren gehauen ?? ... Hoffe nicht!
ausserdem habe ich hinsichtlich patentrechtlicher Absicherung ein Frage gestellt. Was ist abgesichert ??? ...
Mir genuegen auch kurze Quellangaben, dann schaue ich selbst nach.
Dann sind noch einige Fragen aus den letzten Postings auf .. bitte um Antwort .. oder krieg´ ich hier wirklich nur Allgemeinplaetze um die Ohren gehauen ?? ... Hoffe nicht!
@Michael: Na, was ist mit meinen Fragen ... werden die auch mal beantwortet ?
Hallo, könntet ihr vielleicht mal einen neuen Thread zu Microvision aufmachen?
Hallo,
wie waer´s mit der Beantwortung der offenen Fragen -soweit moeglich!- .. und danach ein neuer Thread!??! ... waere schade, wenn die Fragen einfach untergingen, oder nicht??
Also, nochmals die hoefliche Bitte an Michael_III um Antworten ... denke doch, dass er sich um seine Investitionen ebenfalls intensiv kuemmert!
wie waer´s mit der Beantwortung der offenen Fragen -soweit moeglich!- .. und danach ein neuer Thread!??! ... waere schade, wenn die Fragen einfach untergingen, oder nicht??
Also, nochmals die hoefliche Bitte an Michael_III um Antworten ... denke doch, dass er sich um seine Investitionen ebenfalls intensiv kuemmert!
Gewinn-Verlustrechnung stelle ich bie MVIS (noch) nicht auf. Es werden an besagte Unternehmen Prototypen ausgeliefert, für diese erhält man ein paar $. Entscheidend ist, was aus den jeweiligen Zusammenarbeiten rauskommt, wo die Technik am meisten Sinn macht und wo weniger. Auf der Roadshow in Chicago wurde das vds präsentiert und hatte eine äußerst positive Presse! In Europa sind sie bald in Paris.
Wenn Du Dich ein wenig mit MVIS beschäftigst wirst Du auch sehr schnell dahinter kommen was hinter den einzelnen Unternehmen steckt.
visual display system Einsatzgebiete:
Straßenverkehr (Navigationshilfe) - Daimler, VW
Luft- und Raumfahrt - Boeing, NASA
Automatisierung i.d. Produktion - alle Unternehmen
mobile Use - Siemens
Anzüge, Unterstützung Waffensysteme + geheime Projekte - US Army
Also: befasse Dich selber ein wenig mit MVIS, lasse Dir Unterlagen zukommen, wenn Dich Detailfragen brennend interessieren sollten kannst Du ja MVIS persönlich fragen. Auf einige Fragen werden sie wohl ausweichend antworten, daß kennst Du ja von ALIF!
Das Gerüst, welches bei MVIS momentan steht gefällt mir sehr gut.
Wenn sie Produkte für 2001 ankündigen kann ich die Produkte noch nicht beurteilen. Erfreulich aber daß sie ein Jahr schneller sind als geplant (siehe Februar), ALIF hingegen scheint mir ein wenig zu langsam...
M_3
ps. ich habe mich noch nie als MVIS-Professor darstellen wollen wie andere es in anderen Threads machen... wozu auch? Und mit meiner MVIS-Performance bin ich nicht unzufrieden! Habe ganz nette Anstiege mitgemacht. Und diese Anstiege habe ich nicht durch den MVIS-Thread erzielt...
Wenn Du Dich ein wenig mit MVIS beschäftigst wirst Du auch sehr schnell dahinter kommen was hinter den einzelnen Unternehmen steckt.
visual display system Einsatzgebiete:
Straßenverkehr (Navigationshilfe) - Daimler, VW
Luft- und Raumfahrt - Boeing, NASA
Automatisierung i.d. Produktion - alle Unternehmen
mobile Use - Siemens
Anzüge, Unterstützung Waffensysteme + geheime Projekte - US Army
Also: befasse Dich selber ein wenig mit MVIS, lasse Dir Unterlagen zukommen, wenn Dich Detailfragen brennend interessieren sollten kannst Du ja MVIS persönlich fragen. Auf einige Fragen werden sie wohl ausweichend antworten, daß kennst Du ja von ALIF!
Das Gerüst, welches bei MVIS momentan steht gefällt mir sehr gut.
Wenn sie Produkte für 2001 ankündigen kann ich die Produkte noch nicht beurteilen. Erfreulich aber daß sie ein Jahr schneller sind als geplant (siehe Februar), ALIF hingegen scheint mir ein wenig zu langsam...
M_3
ps. ich habe mich noch nie als MVIS-Professor darstellen wollen wie andere es in anderen Threads machen... wozu auch? Und mit meiner MVIS-Performance bin ich nicht unzufrieden! Habe ganz nette Anstiege mitgemacht. Und diese Anstiege habe ich nicht durch den MVIS-Thread erzielt...
Hallo,
das sind aber ergiebige Antworten!
Schon komisch, dass MVIS immer mit total wesensfremden Firmen vergleicht werden muss! ..
Ja ich werde mich selbst um MVIS kuemmern! .. Deine "Zusammenarbeit" in einem Thread scheint sich ja wirklich in sehr engen Grenzen zu bewegen .. kann natuerlich auch sein, das Wissen nicht vorhanden ist .. und mit "Totschlagargumentation" und Herunterplappern von Allgemeinplaetzen das Hirnschmalz auch schon verbraucht ist.
War jedoch mal ganz nett zu sehen was der Threadverfasser so auf der Pfanne hat ... war nicht gerade viel!
Na wenigstens hast Du in meiner kurzen Anwesenheit mal ein paar Clicks mehr gekriegt!
das sind aber ergiebige Antworten!
Schon komisch, dass MVIS immer mit total wesensfremden Firmen vergleicht werden muss! ..
Ja ich werde mich selbst um MVIS kuemmern! .. Deine "Zusammenarbeit" in einem Thread scheint sich ja wirklich in sehr engen Grenzen zu bewegen .. kann natuerlich auch sein, das Wissen nicht vorhanden ist .. und mit "Totschlagargumentation" und Herunterplappern von Allgemeinplaetzen das Hirnschmalz auch schon verbraucht ist.
War jedoch mal ganz nett zu sehen was der Threadverfasser so auf der Pfanne hat ... war nicht gerade viel!
Na wenigstens hast Du in meiner kurzen Anwesenheit mal ein paar Clicks mehr gekriegt!
Morgen!
@smb: Ich weiß nicht was Du für ein Problem hast! Irgendwie lustig, hier den Streit vom ALIF-Thread in den MVIS-Thread zu verlegen.
Natürlich bist Du über ALIF bestens informiert und kennst Eberhard Schöneburg wohl auch persönlich. Ich kenne den CEO von MVIS überhaupt nicht, habe aber eine bessere Performance erzielt wie Du mit Artificial Life.
Meine Argumentation über MVIS stimmt wohl mit dem Kursverlauf überein, Deine Argumentation über ALIF stimmt LEIDER NICHT mit dem Kursverlauf überein. Wenn Du Ahnung von Investments hättest würdest Du wissen, daß man die Argumente liefern muß die von der Börse akzeptiert werden.
Und Deine Company Artificial Life kann bis dato nicht das liefern was Du gerne hättest. Ferner finde ich es auch schwach von Dir, mehr als ein Nickname im ALIF-Thread zu verwenden, oder O_R ???
Es hat mir großen Spaß gemacht, Deine Psychologie ein wenig zu studieren, Du bist seit IPO in ALIF drin und hättest wohl schon gerne 3 stellige Kurse bei ALIF. Hätte diese Company die Strategie von Februar 2000 umsetzen können wäre dies wohl auch möglich gewesen. Da muß ich keinen CEO persönlich kennen.
5% der Investoren informieren sich so intensiv wie Du an der Börse, aber diese 5% machen leider keinen Kurs. Schade eigentlich.
Im übrigen habe ich Dir zu MVIS ein paar Antworten geliefert, wenn Du sie aus erster Hand und damit präziser haben willst wende Dich persönlich an MVIS. In solchen Boards schafft man immerhin ein klein wenig Aufmerksamkeit für eine Aktie zu wecken. Natürlich hat ALIF wesentlich mehr Aufmerksamkeit in wo, aber leider nicht in den Staaten. Und das kann noch sehr lange dauern...
Ferner möchte ich wissen welche Zusammenarbeit im ALIF-Thread herrschen soll. Diejenigen, die bei ALIF > 30 ausgestiegen sind haben das vorher via e-mail unter sich aus gemacht, wäre besser für Dich gewesen Du wärst auch raus!!! Ich verstehe sehr gut warum Du so sauer bist - wirklich sehr gut!!!
Es erklärt Deine Abneigung gegen mich, weil ich wohl die Argumente ausspreche die die ehemaligen hatten. Selbst wenn Du recht über ALIF hättest, die Performance ist scheiße! Deine Argumente über ALIF interessiert an der Börse aber niemanden.
Ich habe MVIS deshalb, weil ich an die Technik glaube und gewisse Visionen habe. Ich könnte mir jetzt schon einen Totalverlust in MVIS erlauben und wäre immer noch im Plus...
Viel Spaß noch.
War mir ein Vergnügen!!!
M_3
@smb: Ich weiß nicht was Du für ein Problem hast! Irgendwie lustig, hier den Streit vom ALIF-Thread in den MVIS-Thread zu verlegen.
Natürlich bist Du über ALIF bestens informiert und kennst Eberhard Schöneburg wohl auch persönlich. Ich kenne den CEO von MVIS überhaupt nicht, habe aber eine bessere Performance erzielt wie Du mit Artificial Life.
Meine Argumentation über MVIS stimmt wohl mit dem Kursverlauf überein, Deine Argumentation über ALIF stimmt LEIDER NICHT mit dem Kursverlauf überein. Wenn Du Ahnung von Investments hättest würdest Du wissen, daß man die Argumente liefern muß die von der Börse akzeptiert werden.
Und Deine Company Artificial Life kann bis dato nicht das liefern was Du gerne hättest. Ferner finde ich es auch schwach von Dir, mehr als ein Nickname im ALIF-Thread zu verwenden, oder O_R ???
Es hat mir großen Spaß gemacht, Deine Psychologie ein wenig zu studieren, Du bist seit IPO in ALIF drin und hättest wohl schon gerne 3 stellige Kurse bei ALIF. Hätte diese Company die Strategie von Februar 2000 umsetzen können wäre dies wohl auch möglich gewesen. Da muß ich keinen CEO persönlich kennen.
5% der Investoren informieren sich so intensiv wie Du an der Börse, aber diese 5% machen leider keinen Kurs. Schade eigentlich.
Im übrigen habe ich Dir zu MVIS ein paar Antworten geliefert, wenn Du sie aus erster Hand und damit präziser haben willst wende Dich persönlich an MVIS. In solchen Boards schafft man immerhin ein klein wenig Aufmerksamkeit für eine Aktie zu wecken. Natürlich hat ALIF wesentlich mehr Aufmerksamkeit in wo, aber leider nicht in den Staaten. Und das kann noch sehr lange dauern...
Ferner möchte ich wissen welche Zusammenarbeit im ALIF-Thread herrschen soll. Diejenigen, die bei ALIF > 30 ausgestiegen sind haben das vorher via e-mail unter sich aus gemacht, wäre besser für Dich gewesen Du wärst auch raus!!! Ich verstehe sehr gut warum Du so sauer bist - wirklich sehr gut!!!
Es erklärt Deine Abneigung gegen mich, weil ich wohl die Argumente ausspreche die die ehemaligen hatten. Selbst wenn Du recht über ALIF hättest, die Performance ist scheiße! Deine Argumente über ALIF interessiert an der Börse aber niemanden.
Ich habe MVIS deshalb, weil ich an die Technik glaube und gewisse Visionen habe. Ich könnte mir jetzt schon einen Totalverlust in MVIS erlauben und wäre immer noch im Plus...
Viel Spaß noch.
War mir ein Vergnügen!!!
M_3
Hallo,
na beim wem von uns Beiden das Problem liegt ... EGAL! ...
Wie sich auch in diesem Thread trefflich nachpruefen laesst hat niemand anderer als Michael_III angefangen MVIS hier mit ALife in Verbindung zu bringen! That´s fact!
Es bringt nicht viel hier rumzustreiten! Ich werd´s auch nicht tun! Ich persoenlich halte von Michael_III nichts .. aber rein gar nichts .. und vielleicht habe ich mich deshalb so leicht provozieren lassen! EGAL! ...
Die Kenntnisse, welche Du von den Werten hast, in welchen Du investiert bist lassen fuer mich keinen Zweifel daran, dass Du ein kleiner Zocker bist ... mein Begriff von Anleger ist halt ein anderer!
In diesem Sinne, prolete und provoziere hier und an anderer Stelle weiter! ... Wuensche Dir jedenfalls immer viel Glueck bei Deinen Anlagen und viel Spass bei Deinem Tun!
FAREWELL!
na beim wem von uns Beiden das Problem liegt ... EGAL! ...
Wie sich auch in diesem Thread trefflich nachpruefen laesst hat niemand anderer als Michael_III angefangen MVIS hier mit ALife in Verbindung zu bringen! That´s fact!
Es bringt nicht viel hier rumzustreiten! Ich werd´s auch nicht tun! Ich persoenlich halte von Michael_III nichts .. aber rein gar nichts .. und vielleicht habe ich mich deshalb so leicht provozieren lassen! EGAL! ...
Die Kenntnisse, welche Du von den Werten hast, in welchen Du investiert bist lassen fuer mich keinen Zweifel daran, dass Du ein kleiner Zocker bist ... mein Begriff von Anleger ist halt ein anderer!
In diesem Sinne, prolete und provoziere hier und an anderer Stelle weiter! ... Wuensche Dir jedenfalls immer viel Glueck bei Deinen Anlagen und viel Spass bei Deinem Tun!
FAREWELL!
@Michael: Also, so viel Arroganz raubt mir den Atem, mein Bester ! Aber das ist eben so im Leben: die Jungen sind arrogant ... und fallen mehr oder weniger schnell auf Ihren Hosenboden ...
Ach ja: was ist denn nun mit einer Diskussion über den Einsatz von MVIS-Produkten in Flugzeug-Cockpits ? Keine Meinung ? Oder ist Dir meine Person zu unbedeutend ? ... immerhin habe ich mit meinen langfristigen Investitionen bei weitem nicht so viel Geld verdient wie Du ... Du `anderer Psychologie studierender Börsenexperte` !
Ach ja: was ist denn nun mit einer Diskussion über den Einsatz von MVIS-Produkten in Flugzeug-Cockpits ? Keine Meinung ? Oder ist Dir meine Person zu unbedeutend ? ... immerhin habe ich mit meinen langfristigen Investitionen bei weitem nicht so viel Geld verdient wie Du ... Du `anderer Psychologie studierender Börsenexperte` !
Microvision Partners With Command Technology Inc. to Market Mobile Visualization System for Maintenance and Repair Applications Companies Anticipate Huge Efficiency and Productivity Gains for Maintenance, Repair and Overhaul Activities in Aerospace,
BOTHELL, Wash., Aug 14, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS), announced today they have formed a co-marketing and business
development relationship with Command Technology, Inc., (CTI) a leading producer
of Interactive Information Delivery Technology, Web Based Applications &
E-Commerce Solutions. The alliance is focused on providing mutual customers with
an advanced mobile computing, visualization, and interactive information
delivery and E-Commerce system for maintenance, repair and overhaul of complex
systems in commercial and defense industries.
According to Igor Boris, Vice President and General Manager of CTI, "Our
strategic alliance with Microvision will allow us to offer to the maintenance
and repair industry a complete mobile, web based information delivery and
E-Commerce system that will be wearable, voice activated and wireless."
Integrated with a wearable computer, the user will access CTI`s award wining C2
Interactive Information Delivery System through C2Aircraft.com, a robust web
based application for users to check inventory, order parts or gain access to
maintenance and repair information. The user will view the information by
wearing or holding Microvision`s retinal scanning display, allowing the user to
"overlay" electronic information on to their point of task. The user will have
the ability to be able to conduct maintenance, repair, and overhaul operations
on complex systems and order parts through an E-Commerce link, anytime,
anywhere.
Gary Peterson, Microvision`s Business Development Manager for Defense and
Aerospace, commented, "CTI`s solutions have already been reported to reduce
technician research time by 67%." The value to customers of adding additional
gains to this performance by incorporating our "see-through" display with a
wearable computer will be enormous. We see a broad range of applications for the
technology today in fields such as aerospace, defense, medical, industrial, and
transportation.
The companies announced that proof-of-concept evaluations with Microvision`s
display running CTI`s software have been successfully completed. Microvision has
targeted the second quarter 2001 for delivery of the first wearable display
production units.
About CTI:
Command Technology, Inc. (CTI), established in 1981, is a privately owned,
full-service company specializing in Interactive Information Delivery Systems,
E-Commerce Solutions, WWW Data Delivery Systems, Legacy Data Conversion Into
Powerful Tools and Resources, Maintenance, Repair & Overhaul Management Systems,
IT Outsource Services, Technical data, graphics & CAD development, and turnkey
systems.
CTI`s products have a broad range of applications in fields such as aerospace,
defense, medical, industrial, and transportation.
CTI`s corporate headquarters are located at 404 Thames Street, Groton,
Connecticut 06340.
CTI can be contacted at: Voice: 860-445-0156
Fax: 860-446-2010
Web: www.C2Aircraft.com
About Microvision
-----------------
@F2: Natürlich kenne ich mich nicht in den Richtlinien der verschiedenen nationalen Flugbehörden aus, wer kann das schon? Aber als Investor ist es doch schon zufriedenstellend, daß die Company Prototypen an Boeing ausliefert. Wann dann tatsächlich Umsätze mit Boeing speziell generiert werden können (die technischen Voraussetzung sind meiner Meinung nach gegeben) wissen wohl selbst die jeweiligen Verantwortlichen nicht sicher.
Aber Dein post ist etwa so formuliert, daß dieses Einsatzgebiet nie zum tragen kommen würde. Das ist definitiv nicht der Fall.
Gruß
M_3
ps. der Chart von ALIf sieht astrein aus! Nette W-Formation, jetzt werden mehrere Linien nach oben durchbrochen. Nur die Umsätze lassen noch zu wünschen übrig, kann aber noch kommen.
BOTHELL, Wash., Aug 14, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS), announced today they have formed a co-marketing and business
development relationship with Command Technology, Inc., (CTI) a leading producer
of Interactive Information Delivery Technology, Web Based Applications &
E-Commerce Solutions. The alliance is focused on providing mutual customers with
an advanced mobile computing, visualization, and interactive information
delivery and E-Commerce system for maintenance, repair and overhaul of complex
systems in commercial and defense industries.
According to Igor Boris, Vice President and General Manager of CTI, "Our
strategic alliance with Microvision will allow us to offer to the maintenance
and repair industry a complete mobile, web based information delivery and
E-Commerce system that will be wearable, voice activated and wireless."
Integrated with a wearable computer, the user will access CTI`s award wining C2
Interactive Information Delivery System through C2Aircraft.com, a robust web
based application for users to check inventory, order parts or gain access to
maintenance and repair information. The user will view the information by
wearing or holding Microvision`s retinal scanning display, allowing the user to
"overlay" electronic information on to their point of task. The user will have
the ability to be able to conduct maintenance, repair, and overhaul operations
on complex systems and order parts through an E-Commerce link, anytime,
anywhere.
Gary Peterson, Microvision`s Business Development Manager for Defense and
Aerospace, commented, "CTI`s solutions have already been reported to reduce
technician research time by 67%." The value to customers of adding additional
gains to this performance by incorporating our "see-through" display with a
wearable computer will be enormous. We see a broad range of applications for the
technology today in fields such as aerospace, defense, medical, industrial, and
transportation.
The companies announced that proof-of-concept evaluations with Microvision`s
display running CTI`s software have been successfully completed. Microvision has
targeted the second quarter 2001 for delivery of the first wearable display
production units.
About CTI:
Command Technology, Inc. (CTI), established in 1981, is a privately owned,
full-service company specializing in Interactive Information Delivery Systems,
E-Commerce Solutions, WWW Data Delivery Systems, Legacy Data Conversion Into
Powerful Tools and Resources, Maintenance, Repair & Overhaul Management Systems,
IT Outsource Services, Technical data, graphics & CAD development, and turnkey
systems.
CTI`s products have a broad range of applications in fields such as aerospace,
defense, medical, industrial, and transportation.
CTI`s corporate headquarters are located at 404 Thames Street, Groton,
Connecticut 06340.
CTI can be contacted at: Voice: 860-445-0156
Fax: 860-446-2010
Web: www.C2Aircraft.com
About Microvision
-----------------
@F2: Natürlich kenne ich mich nicht in den Richtlinien der verschiedenen nationalen Flugbehörden aus, wer kann das schon? Aber als Investor ist es doch schon zufriedenstellend, daß die Company Prototypen an Boeing ausliefert. Wann dann tatsächlich Umsätze mit Boeing speziell generiert werden können (die technischen Voraussetzung sind meiner Meinung nach gegeben) wissen wohl selbst die jeweiligen Verantwortlichen nicht sicher.
Aber Dein post ist etwa so formuliert, daß dieses Einsatzgebiet nie zum tragen kommen würde. Das ist definitiv nicht der Fall.
Gruß
M_3
ps. der Chart von ALIf sieht astrein aus! Nette W-Formation, jetzt werden mehrere Linien nach oben durchbrochen. Nur die Umsätze lassen noch zu wünschen übrig, kann aber noch kommen.
Hallo M_3,
wann kommen denn MVIS nach Paris und wie heisst die Messe ?
Wenn Du hinfährst sag Bescheid, komme ich vielleicht mit.
Gruß Fulminator
wann kommen denn MVIS nach Paris und wie heisst die Messe ?
Wenn Du hinfährst sag Bescheid, komme ich vielleicht mit.
Gruß Fulminator
Hallo, da bin ich wieder!
Da ist man mal paar Tage im Urlaub am Meer, und schon brodelt die Gerüchteküche um MVIS herum! Das jedenfalls ist der Grund des heutigen Anstiegs, MVIS ist sehr heiß...
Um so erstaunlicher, da von Analystenseite MVIS aktuell lediglich auf Hold-Hold/Buy steht.
Den Aktionären soll`s Recht sein, ich persönlich halte diese Gerüchte immer für ein gewisses Lotteriespiel, ABER: +10% bei aktuell 200000 shares sowie vorgestern +5% sind nicht selten Vorbote einer erneuten Wasserstandsmeldung seitens MVIS. Und diese sind bisher (von Zahlen abgesehen) immer überraschend erfreulich ausgefallen!
Nachdem hier 2 Boardmembers den ALIFzores hineintragen wollten ist nun wieder Ruhe. Ich kann für diese nur hoffen sie haben ein Teil ihrer ALIF-shares in MVIS umgetauscht, denn ALIF hat mal so nebenbei wieder über 20% verloren, und das nach den obligatorischen "Hammermeldungen" tststs...
Paris ist glaub vom 8.9.-10.9., schau noch mal unter der HP nach! Kann sein das ich in Paris bin, kann aber auch nicht sein. Gehe nächste Woche vielleicht noch nach Ibiza, vielleicht aber auch noch weiter weg, mal sehen, entscheide ich nicht alleine!
Viel Spaß noch mit MVIS!
Augen auf und überraschen lassen!
Gruß
M_3
Da ist man mal paar Tage im Urlaub am Meer, und schon brodelt die Gerüchteküche um MVIS herum! Das jedenfalls ist der Grund des heutigen Anstiegs, MVIS ist sehr heiß...
Um so erstaunlicher, da von Analystenseite MVIS aktuell lediglich auf Hold-Hold/Buy steht.
Den Aktionären soll`s Recht sein, ich persönlich halte diese Gerüchte immer für ein gewisses Lotteriespiel, ABER: +10% bei aktuell 200000 shares sowie vorgestern +5% sind nicht selten Vorbote einer erneuten Wasserstandsmeldung seitens MVIS. Und diese sind bisher (von Zahlen abgesehen) immer überraschend erfreulich ausgefallen!
Nachdem hier 2 Boardmembers den ALIFzores hineintragen wollten ist nun wieder Ruhe. Ich kann für diese nur hoffen sie haben ein Teil ihrer ALIF-shares in MVIS umgetauscht, denn ALIF hat mal so nebenbei wieder über 20% verloren, und das nach den obligatorischen "Hammermeldungen" tststs...
Paris ist glaub vom 8.9.-10.9., schau noch mal unter der HP nach! Kann sein das ich in Paris bin, kann aber auch nicht sein. Gehe nächste Woche vielleicht noch nach Ibiza, vielleicht aber auch noch weiter weg, mal sehen, entscheide ich nicht alleine!
Viel Spaß noch mit MVIS!
Augen auf und überraschen lassen!
Gruß
M_3
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
Hallo nochmal!
Sind ja satte 10% heute...
Hier mal die nächsten Events von MVIS:
Aviation Week’s: MRO Europe September 6-8, 2000 CNITExpos Center, Paris, France Booth – K3
Annual Meeting Association of the United States Army: AUSA 2000 October 16-18, 2000 Marriott Wardman Park Hotel & Omni Shoreham Hotel Booth – 325
International Symposium on Wearable Computers:ISWC 2000 October 16-18, 2000 Sheraton Colony Square, Atlanta, GA Booth – TBD
RSNA November 26 - December 1, 2000 Chicago, IL
Aviation Week’s MRO 2001 April 3-5, 2001 Wyndham Anatole Hotel, Dallas, Texas Booth – 219
Gibt wohl ein heißer Herbst! MVIS hat auf Präsentationen bisher immer überzeugen können, ich bleibe bei meinem KZ dreistellig bis Ende 2000 (bei ordentlicher NASDAQ).
Eine ordentliche PR nenne ich sowas.
An Gerüchte beteilige ich mich nicht, können in den Boards dieser Welt nachgelesen werden, Fakt aber sind 300000 gehandelte shares bei +10%. Das ist viel.
Angeführte Unternehmen arbeiten meines Wissens NICHT an einer Videobrille, aber an anderen Display-Ansätzen. Ich persönlich halte den Ansatz von MVIS jedoch für überzeugend.
Wenn Ericsson auch an dem System arbeitet und darüber keine Auskunft gibt sagt dies einiges. Fest steht, daß MVIS technologisch vorn ist aber gut daran tut, sich nichzt auf den Lorbeeren auszuruhen.
M_3
Ist Ericsson nicht Partner von MVIS?
Sind ja satte 10% heute...
Hier mal die nächsten Events von MVIS:
Aviation Week’s: MRO Europe September 6-8, 2000 CNITExpos Center, Paris, France Booth – K3
Annual Meeting Association of the United States Army: AUSA 2000 October 16-18, 2000 Marriott Wardman Park Hotel & Omni Shoreham Hotel Booth – 325
International Symposium on Wearable Computers:ISWC 2000 October 16-18, 2000 Sheraton Colony Square, Atlanta, GA Booth – TBD
RSNA November 26 - December 1, 2000 Chicago, IL
Aviation Week’s MRO 2001 April 3-5, 2001 Wyndham Anatole Hotel, Dallas, Texas Booth – 219
Gibt wohl ein heißer Herbst! MVIS hat auf Präsentationen bisher immer überzeugen können, ich bleibe bei meinem KZ dreistellig bis Ende 2000 (bei ordentlicher NASDAQ).
Eine ordentliche PR nenne ich sowas.
An Gerüchte beteilige ich mich nicht, können in den Boards dieser Welt nachgelesen werden, Fakt aber sind 300000 gehandelte shares bei +10%. Das ist viel.
Angeführte Unternehmen arbeiten meines Wissens NICHT an einer Videobrille, aber an anderen Display-Ansätzen. Ich persönlich halte den Ansatz von MVIS jedoch für überzeugend.
Wenn Ericsson auch an dem System arbeitet und darüber keine Auskunft gibt sagt dies einiges. Fest steht, daß MVIS technologisch vorn ist aber gut daran tut, sich nichzt auf den Lorbeeren auszuruhen.
M_3
Ist Ericsson nicht Partner von MVIS?
Hallo M 3
Wäre doch schön wenn Du die kommenden guten News in einem neuen Thread posten könntest.
Du stehst im Wort ( western time ).
Gruß aus B.
Wäre doch schön wenn Du die kommenden guten News in einem neuen Thread posten könntest.
Du stehst im Wort ( western time ).
Gruß aus B.
Hallo!
Zu den steigenden Kursen: alles wartet auf News, lechzt förmlich danach! Shorten traut sich wohl niemand diesen Wert, wäre auch verrückt...
Wie gesagt, momentan spekuliert man eben auf News. Aktuell ist man bis morgen in Paris, dürfte ebenfalls unterstützende Wirkung haben.
Also, zurücklehnen und entspannen.
@byhlegure: Der Thread hier ist so schwach frequentiert, da braucht man keinen neuen. Mir persönlich sind steigende Kurse lieber als alle paar Wochen einen neuen Thread einer dümpelnden Aktie aufzumachen, oder?
Aber wenn wirklich sensationelle News und viel Wirbel kommt...
Gruß
M_3
Zu den steigenden Kursen: alles wartet auf News, lechzt förmlich danach! Shorten traut sich wohl niemand diesen Wert, wäre auch verrückt...
Wie gesagt, momentan spekuliert man eben auf News. Aktuell ist man bis morgen in Paris, dürfte ebenfalls unterstützende Wirkung haben.
Also, zurücklehnen und entspannen.
@byhlegure: Der Thread hier ist so schwach frequentiert, da braucht man keinen neuen. Mir persönlich sind steigende Kurse lieber als alle paar Wochen einen neuen Thread einer dümpelnden Aktie aufzumachen, oder?
Aber wenn wirklich sensationelle News und viel Wirbel kommt...
Gruß
M_3
Hallo Michael_III,
hast du bezüglich der Präsentation in Paris was genaueres gehört?
hast du bezüglich der Präsentation in Paris was genaueres gehört?
Nein, noch nicht. Die Presse wird schon was schreiben. Ich denke aber MVIS überzeugt mal wieder gewaltig, schließlich sind wir jetzt bei 48$, gestern stark steigende Kurse bei hohen Umsätzen. Der Zug rollt...
Bis Jahresende sind nur noch 100% drin.
Viel Spaß mit MVIS
M_3
Bis Jahresende sind nur noch 100% drin.
Viel Spaß mit MVIS
M_3
Microvision and Avram Miller Team to Deliver Breakthrough in Mobile Display Technology
Leader in Retinal Display Technology to Collaborate With Internet Visionary
BOTHELL, Wash., Sept. 11 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), the leader in retinal scanning display technology, announced today that it has entered into a multi-year consulting agreement with Avram Miller, a leading business development and strategy consultant. Microvision and Miller will team on the development of Microvision`s next-generation retinal scanning display technology for applications in mobile computing devices.
By scanning a single beam of light directly onto the eye, retinal scanning display technology projects high-resolution color images without the use of a conventional display screen or panel. To date, the importance of this technology has been its use in ``heads up displays`` for military, medical and industrial uses. More recently, Microvision has demonstrated a ``consumer`` version of the technology that will make it possible for mobile devices such as cell phones to display the same amount of information as notebook computers at reasonable cost. The company believes this has the potential to redefine the role of displays in mobile devices such as Cell Phones, PDA`s (personal display appliances) and game devices.
``Several months ago we made a strategic decision to accelerate our activities relating to displays for mobile internet applications. Soon after, we achieved a technical milestone, demonstrating, for the first time, a prototype of a retinal scanning display that used just three microminiature LEDs and two scanning mirrors to form a high-resolution video image,`` said Rick Rutkowski, CEO of Microvision, Inc. ``When we realized what we had in hand, we knew that it was now time to get help from someone who had the strategic vision, industry connections and ability to make things happen on a large scale. We are very fortunate to have Avram Miller collaborate with us in redefining the display capabilities of mobile devices. Avram has a proven ability to recognize major technological discontinuities that create significant business opportunities and then to act on those opportunities.``
``Mobile devices are where it is at,`` said Avram Miller, CEO, The Avram Miller Company. ``It reminds me of the early `80s and the birth of the PC. So many critical technologies are converging on the mobile arena. Bandwidth is coming with 3G, voice recognition promises to change the way we command and communicate with mobile devices, location detection will increase the relevancy of the information we receive and when combined with miniaturization and long battery life, mobile devices will become a fundamental part of everyone`s lifestyle. All of this,`` Miller continued, ``will be connected to the ever expanding power and pervasiveness of the Internet. The ingredient that has been missing, however, is the display. Microvision has developed the answer to this important piece of the equation. By directly projecting images on the retina of the eye, Microvision technology can provide high-resolution color display devices the size of a cell phone or a PDA. I am thrilled at the opportunity to help Microvision develop effective business strategies and relationships to accelerate the deployment of this industry-shaping technology,`` Miller concluded.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at www.mvis.com.
About Avram Miller
Avram Miller is the CEO of The Avram Miller Company, a business development and strategy company headquartered in San Francisco, CA. He is an advisor and board member of several leading companies. These include Pacific Century Cyberworks, Asia`s leading internet company; CMGI, a leading American Internet company known for its ability to predict Internet trends while creating and investing in the next wave of Internet companies and World Online, the leading Pan European Internet Service Provider. Mr. Miller also serves on the boards of several private high technology companies. Miller is recognized for his work with non-profit organizations, addressing issues such as the Digital Divide, the Entertainment Arts, and Cancer Research. Prior to starting The Avram Miller Company, Mr. Miller held a number of senior positions at Intel Corporation from 1984 to 1999. Most recently he served as Corporate Vice President of Business Development. At Intel, Mr. Miller was a founder of Intel Capital, the company`s multi-billion dollar venture capital arm. Miller was directly responsible for investments in communication technology, Internet technology, media and consumer commerce. He is recognized for his early investments in broadcast.com, Geocities, @Home, CMGI, PCCW, Covad and Verisign. Additional information can be found online at www.avrammiller.com.
Leader in Retinal Display Technology to Collaborate With Internet Visionary
BOTHELL, Wash., Sept. 11 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), the leader in retinal scanning display technology, announced today that it has entered into a multi-year consulting agreement with Avram Miller, a leading business development and strategy consultant. Microvision and Miller will team on the development of Microvision`s next-generation retinal scanning display technology for applications in mobile computing devices.
By scanning a single beam of light directly onto the eye, retinal scanning display technology projects high-resolution color images without the use of a conventional display screen or panel. To date, the importance of this technology has been its use in ``heads up displays`` for military, medical and industrial uses. More recently, Microvision has demonstrated a ``consumer`` version of the technology that will make it possible for mobile devices such as cell phones to display the same amount of information as notebook computers at reasonable cost. The company believes this has the potential to redefine the role of displays in mobile devices such as Cell Phones, PDA`s (personal display appliances) and game devices.
``Several months ago we made a strategic decision to accelerate our activities relating to displays for mobile internet applications. Soon after, we achieved a technical milestone, demonstrating, for the first time, a prototype of a retinal scanning display that used just three microminiature LEDs and two scanning mirrors to form a high-resolution video image,`` said Rick Rutkowski, CEO of Microvision, Inc. ``When we realized what we had in hand, we knew that it was now time to get help from someone who had the strategic vision, industry connections and ability to make things happen on a large scale. We are very fortunate to have Avram Miller collaborate with us in redefining the display capabilities of mobile devices. Avram has a proven ability to recognize major technological discontinuities that create significant business opportunities and then to act on those opportunities.``
``Mobile devices are where it is at,`` said Avram Miller, CEO, The Avram Miller Company. ``It reminds me of the early `80s and the birth of the PC. So many critical technologies are converging on the mobile arena. Bandwidth is coming with 3G, voice recognition promises to change the way we command and communicate with mobile devices, location detection will increase the relevancy of the information we receive and when combined with miniaturization and long battery life, mobile devices will become a fundamental part of everyone`s lifestyle. All of this,`` Miller continued, ``will be connected to the ever expanding power and pervasiveness of the Internet. The ingredient that has been missing, however, is the display. Microvision has developed the answer to this important piece of the equation. By directly projecting images on the retina of the eye, Microvision technology can provide high-resolution color display devices the size of a cell phone or a PDA. I am thrilled at the opportunity to help Microvision develop effective business strategies and relationships to accelerate the deployment of this industry-shaping technology,`` Miller concluded.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at www.mvis.com.
About Avram Miller
Avram Miller is the CEO of The Avram Miller Company, a business development and strategy company headquartered in San Francisco, CA. He is an advisor and board member of several leading companies. These include Pacific Century Cyberworks, Asia`s leading internet company; CMGI, a leading American Internet company known for its ability to predict Internet trends while creating and investing in the next wave of Internet companies and World Online, the leading Pan European Internet Service Provider. Mr. Miller also serves on the boards of several private high technology companies. Miller is recognized for his work with non-profit organizations, addressing issues such as the Digital Divide, the Entertainment Arts, and Cancer Research. Prior to starting The Avram Miller Company, Mr. Miller held a number of senior positions at Intel Corporation from 1984 to 1999. Most recently he served as Corporate Vice President of Business Development. At Intel, Mr. Miller was a founder of Intel Capital, the company`s multi-billion dollar venture capital arm. Miller was directly responsible for investments in communication technology, Internet technology, media and consumer commerce. He is recognized for his early investments in broadcast.com, Geocities, @Home, CMGI, PCCW, Covad and Verisign. Additional information can be found online at www.avrammiller.com.
Nette News...
Microvision Launches Marketing Program for Wearable See-Through Display Under Product Name `Nomad`
Developer of Retinal Display Technology Targets Pre-Sale Opportunities For Aviation, Medical and Industrial Applications
BOTHELL, Wash., Sept. 18 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), the leader in retinal scanning display technology, announced that they have named their first commercial product ``Nomad.`` The product name, which emphasizes portability and mobility, will brand Microvision`s first offering in a successive generation of wearable display products. With customer deliveries beginning in mid-2001, Microvision has initiated pre-selling Nomad to organizations within aviation maintenance, industrial, and medical fields who require a portable and bright ``see-through`` display. Nomad delivers an image at least ten times brighter than competing head-worn display technologies.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000918/SFM096 )
Microvision`s revolutionary Nomad is a lightweight head-worn display that delivers bright, high resolution, high quality images that appear in front of the user as though on a ``see-through`` computer screen. The Nomad display is adjustable to very bright light levels and, unlike other wearable displays, is fully daylight readable. When combined with a wearable computer, Nomad allows the user a hands-free view of computer-generated information, while at the same time enjoying an unobstructed view of the real world. Nomad also employs a rugged design to meet the needs of outdoor and other harsh environments.
Nomad`s see-through capability and hands-free nature gives it greater functionality for mobile applications than competing wearable displays. This translates into improved efficiency and workplace safety, something vitally important for the projected aviation, medical and industrial applications of the device.
In preparation for the delivery of Nomad, Microvision has aggressively been conducting field tests of prototype display systems with a variety of strategic partners in the marketplace.
``The feedback from customers on our evaluation prototypes is extremely positive,`` stated Chris Thero, Microvision Product Manager for Nomad. ``In fact, many of these customers are already beginning to design `see-through` software applications that will be supported by Nomad. And, in addition to our customers` field testing, we have completed a series of focus group studies across all our target markets that continues to validate the huge market potential for our product offering.
``Our marketing efforts have begun to support the approaching commercial availability of Nomad. We have established sales and marketing efforts across the globe and are actively beginning the pre-sale of Nomad. Across factory floors, field sites, surgical suites, hospital floors and hundreds of other locations where individuals want access to electronic information, we believe that prospective customers will see Nomad as the standard for quality mobile visualization. Rather than having to interrupt their tasks to go look up information at a computer terminal, workers will use Nomad`s portable see-through display technology to bring the information, images and text to where they are. It will enable companies or organizations to realize significant gains in precision, productivity and safety, not to mention profitability.``
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at www.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-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission.
SOURCE: Microvision, Inc.
Microvision Launches Marketing Program for Wearable See-Through Display Under Product Name `Nomad`
Developer of Retinal Display Technology Targets Pre-Sale Opportunities For Aviation, Medical and Industrial Applications
BOTHELL, Wash., Sept. 18 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), the leader in retinal scanning display technology, announced that they have named their first commercial product ``Nomad.`` The product name, which emphasizes portability and mobility, will brand Microvision`s first offering in a successive generation of wearable display products. With customer deliveries beginning in mid-2001, Microvision has initiated pre-selling Nomad to organizations within aviation maintenance, industrial, and medical fields who require a portable and bright ``see-through`` display. Nomad delivers an image at least ten times brighter than competing head-worn display technologies.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000918/SFM096 )
Microvision`s revolutionary Nomad is a lightweight head-worn display that delivers bright, high resolution, high quality images that appear in front of the user as though on a ``see-through`` computer screen. The Nomad display is adjustable to very bright light levels and, unlike other wearable displays, is fully daylight readable. When combined with a wearable computer, Nomad allows the user a hands-free view of computer-generated information, while at the same time enjoying an unobstructed view of the real world. Nomad also employs a rugged design to meet the needs of outdoor and other harsh environments.
Nomad`s see-through capability and hands-free nature gives it greater functionality for mobile applications than competing wearable displays. This translates into improved efficiency and workplace safety, something vitally important for the projected aviation, medical and industrial applications of the device.
In preparation for the delivery of Nomad, Microvision has aggressively been conducting field tests of prototype display systems with a variety of strategic partners in the marketplace.
``The feedback from customers on our evaluation prototypes is extremely positive,`` stated Chris Thero, Microvision Product Manager for Nomad. ``In fact, many of these customers are already beginning to design `see-through` software applications that will be supported by Nomad. And, in addition to our customers` field testing, we have completed a series of focus group studies across all our target markets that continues to validate the huge market potential for our product offering.
``Our marketing efforts have begun to support the approaching commercial availability of Nomad. We have established sales and marketing efforts across the globe and are actively beginning the pre-sale of Nomad. Across factory floors, field sites, surgical suites, hospital floors and hundreds of other locations where individuals want access to electronic information, we believe that prospective customers will see Nomad as the standard for quality mobile visualization. Rather than having to interrupt their tasks to go look up information at a computer terminal, workers will use Nomad`s portable see-through display technology to bring the information, images and text to where they are. It will enable companies or organizations to realize significant gains in precision, productivity and safety, not to mention profitability.``
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at www.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-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission.
SOURCE: Microvision, Inc.
Schon gesehen?
Short Interest
As of 8-Aug-2000
Shares Short 998.0K
Percent of Float 10.7%
Shares Short
(Prior Month) 983.0K
Short Ratio 7.13
Daily Volume 140.0K
Halte ich für ziemlich rekordverdächtig, wenn jede 10. Aktie aus dem Free-Float leerverkauft wird...
Viel Erfolg noch wünscht
Added Value
Short Interest
As of 8-Aug-2000
Shares Short 998.0K
Percent of Float 10.7%
Shares Short
(Prior Month) 983.0K
Short Ratio 7.13
Daily Volume 140.0K
Halte ich für ziemlich rekordverdächtig, wenn jede 10. Aktie aus dem Free-Float leerverkauft wird...
Viel Erfolg noch wünscht
Added Value
Hi
Zitat aus der Spiegelserie "die Welt im 21.Jahrhundert":
Tapani Levola vom finnischen Mobiltelefonkonzern Nokia glaubt daher:
"Dem mobilen Netzhautmonitor gehört die Zukunft."
Nicht nur Tapani Levola glaubt das.
Ausserdem, Glaube versetzt Berge und verschafft somit, hoffentlich, freie Sicht auf das vds System von Microvision.
http://www.spiegel.de/spiegel/21jh/0,1518,93722,00.html
gabi
Zitat aus der Spiegelserie "die Welt im 21.Jahrhundert":
Tapani Levola vom finnischen Mobiltelefonkonzern Nokia glaubt daher:
"Dem mobilen Netzhautmonitor gehört die Zukunft."
Nicht nur Tapani Levola glaubt das.
Ausserdem, Glaube versetzt Berge und verschafft somit, hoffentlich, freie Sicht auf das vds System von Microvision.
http://www.spiegel.de/spiegel/21jh/0,1518,93722,00.html
gabi
Hi @all!
In entsprechend kleiner Ausfertigung könnten Rot-Grün-Blau-Laser auch einen derzeit noch kühnen Traum der Photoniker verwirklichen helfen: einen Projektor, der sein Bild von einem Brillengestell aus direkt auf die Netzhaut wirft. Einen der ersten Prototypen eines solchen Geräts von der US-Firma Microvision testen derzeit Chirurgen an der Universität Baylor in Texas. Das so genannte Retinal Scanning Display projiziert den Ärzten ein Röntgenbild in den Augapfel, das sie gleichzeitig mit dem Operationsfeld im Blick haben.
Begehrlich beobachten Mobiltelefonhersteller die Entwicklung solcher Netzhautmonitore. Sie könnten den bild- und datenfähigen UMTS-Handys über einen Mangel hinweghelfen, an dem die teure Technik bisher krankt: Bilder und Internet-Seiten lassen sich auf winzigen Handy-Displays schlecht darstellen. Tapani Levola vom finnischen Mobiltelefonkonzern Nokia glaubt daher: "Dem mobilen Netzhautmonitor gehört die Zukunft."
Glühen künftig neben den Ohren auch die Augen? Wissenschaftler suchen die Vieltelefonierer zu beruhigen: Der Laserstrahl des Netzhautmonitors besitzt zu wenig Energie, als dass er der Gesundheit schaden könnte.
@gabi: danke! Eine Kooperation mit Siemens besteht bekanntlich schon, aber schön daß auch Nokia erkannt hat wohin die Reise geht. Der MVIS-Ansatz ist m.M.n. die beste Lösung des display-systems. Hast Du eigentlich schon MVIS-Aktien?
@AddedValue: auch schon MVIS-Aktionär? Richtig, MVIS ist ein sehr volatiler Wert, der zu gern geshortet wird. Treten dann auf einmal Gerüchte auf, bekommen die vielen shorties feuchte Hände und müssen rein, dann macht der Wert mal so kurz 50%. Man kann viel Geld mit MVIS verdienen, sofern man von dem Wert überzeugt ist empfehle ich eine langfristige Position und eine Tradingposition.
M_3
In entsprechend kleiner Ausfertigung könnten Rot-Grün-Blau-Laser auch einen derzeit noch kühnen Traum der Photoniker verwirklichen helfen: einen Projektor, der sein Bild von einem Brillengestell aus direkt auf die Netzhaut wirft. Einen der ersten Prototypen eines solchen Geräts von der US-Firma Microvision testen derzeit Chirurgen an der Universität Baylor in Texas. Das so genannte Retinal Scanning Display projiziert den Ärzten ein Röntgenbild in den Augapfel, das sie gleichzeitig mit dem Operationsfeld im Blick haben.
Begehrlich beobachten Mobiltelefonhersteller die Entwicklung solcher Netzhautmonitore. Sie könnten den bild- und datenfähigen UMTS-Handys über einen Mangel hinweghelfen, an dem die teure Technik bisher krankt: Bilder und Internet-Seiten lassen sich auf winzigen Handy-Displays schlecht darstellen. Tapani Levola vom finnischen Mobiltelefonkonzern Nokia glaubt daher: "Dem mobilen Netzhautmonitor gehört die Zukunft."
Glühen künftig neben den Ohren auch die Augen? Wissenschaftler suchen die Vieltelefonierer zu beruhigen: Der Laserstrahl des Netzhautmonitors besitzt zu wenig Energie, als dass er der Gesundheit schaden könnte.
@gabi: danke! Eine Kooperation mit Siemens besteht bekanntlich schon, aber schön daß auch Nokia erkannt hat wohin die Reise geht. Der MVIS-Ansatz ist m.M.n. die beste Lösung des display-systems. Hast Du eigentlich schon MVIS-Aktien?
@AddedValue: auch schon MVIS-Aktionär? Richtig, MVIS ist ein sehr volatiler Wert, der zu gern geshortet wird. Treten dann auf einmal Gerüchte auf, bekommen die vielen shorties feuchte Hände und müssen rein, dann macht der Wert mal so kurz 50%. Man kann viel Geld mit MVIS verdienen, sofern man von dem Wert überzeugt ist empfehle ich eine langfristige Position und eine Tradingposition.
M_3
Hi
das Zahlenmaterial, das mir vorliegt, läßt eher den Schluß zu, als würden es mehr anstatt weniger "shorties" werden. Insofern wird das mit den "feuchten Händen" wohl noch etwas dauern - zumindest für die "shorties"...
Danke für die Empfehlung, allerdings lasse ich das sowohl mit der Langfristposition als auch mit Trading mal lieber sein; ich brauche mein Geld noch andersweitig...
Grüße
Added Value
das Zahlenmaterial, das mir vorliegt, läßt eher den Schluß zu, als würden es mehr anstatt weniger "shorties" werden. Insofern wird das mit den "feuchten Händen" wohl noch etwas dauern - zumindest für die "shorties"...
Danke für die Empfehlung, allerdings lasse ich das sowohl mit der Langfristposition als auch mit Trading mal lieber sein; ich brauche mein Geld noch andersweitig...
Grüße
Added Value
Und weiter gehts...
Besonders erfreulich finde ich, daß meine vor ein paar Wochen angestellte Vermutung bezüglich der Möglichkeiten des VDS mit dieser Meldung bestätigt wird...
Thursday September 21, 6:30 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Receives First Order for Nomad Display Systems
Company Teams With Telesensory to Aid Visually Impaired
BOTHELL, Wash., Sept. 21 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), the leader in retinal scanning display (RSD) technology, announced that it has received a purchase agreement for Nomad wearable displays from Telesensory (www.telesensory.com), a leader in providing product solutions to assist people with low vision. Telesensory will use the Nomads as a low vision device intended to improve the ability of people with low vision to read printed material.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000921/SFTH042 )
Telesensory has agreed to an initial purchase of ten Nomad systems, and will immediately begin evaluations for a 90-day period with Microvision`s current prototype display at selected private and public low vision clinics. Telesensory has indicated that they believe the market potential for Microvision`s low vision aid could reach thousands of units per year worldwide. The order represents Microvision`s first order for production units scheduled for release in mid-2001.
Nomad -- Microvision`s first commercial product -- integrates Microvision`s patented retinal scanning display (RSD) technology into head worn devices, and allows an individual to view images without the need for a cumbersome screen. The technology scans a low-power beam of light to ``paint`` rows of pixels onto the eye, creating a high resolution, see-through, full-motion image without the use of electronic screens of any kind. To the viewer, the image appears to be floating directly in front of them at about an arm`s length away, as if on a large computer or television monitor.
Telesensory`s initial focus is on those people afflicted with age related macular degeneration (AMD). AMD is the leading cause of new blindness in the USA with estimates ranging as high as 200,000 new cases diagnosed each year. The system could also prove useful as a reading system for people with glaucoma, diabetic retinopathy or retinitis pigmentosa (RP).
``Many people with macular degeneration are not completely blind, but have a great deal of difficulty reading or watching television,`` stated Edward M. Long, Telesensory`s president and CEO. ``The special characteristics of Nomad make it ideal for the partially sighted. These include: fully directed scanned light to create the brightest images of any display technology, high contrast range, no need for a large physical screen, creating a wearable low vision aid that allows the user access to virtually any printed material.``
In the United States an estimated 15 million people suffer from visual impairment, with an estimated 2 million new cases per year. The population in other developed countries with visual impairment exceeds the number in the US.
The prevalence of this condition is expected to grow as the population over age 65 expands over the next several decades. One in eight Americans between the ages of 55 and 64 will be afflicted with visual impairment. The prevalence of impairment rises to one in six Americans between the ages of 64 and 74, and one in three over the age of 75.
``The Nomad personal display has been designed to function as a personal head-up display for aviation, medical and industrial professionals, and now as an aid to individuals with low vision,`` stated Rick Rutkowski, Microvision President and CEO. ``It is gratifying to work with Telesensory in targeting a market opportunity that promises to improve the lives of so many people while offering meaningful growth potential for Microvision. This first sale -- in advance of actual production -- to Telesensory is consistent with our strategy for initial rollout of Nomad into a number of vertical market segments within the commercial/industrial and medical markets, and we look forward to more such developments. We are enthusiastic about the breadth of application for the Nomad display, and we continue to receive very positive feedback from ongoing customer trials of the Nomad beta system.``
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at www.mvis.com.
About Telesensory
Telesensory is the leading worldwide developer, manufacturer, and marketer of electronic and computer-based products to assist people with low vision. For over three decades, Telesensory has been helping visually impaired and blind people achieve greater independence through innovative, technology-based products. Telesensory`s corporate headquarters in Sunnyvale, California includes the company`s product development, sales, manufacturing, and marketing departments. Telesensory products are available in 50 countries worldwide, with sales offices in London and Paris. In the United States, products are sold by more than 300 distributors, dealers, and resellers who provide personalized customer support throughout the country, including sales offices in New York City, Detroit, Tampa, and Phoenix. Telesensory may be reached at 800-804-8004. Additional information can be found at the company`s web site at www.telesensory.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-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission.
SOURCE: Microvision, Inc.
Besonders erfreulich finde ich, daß meine vor ein paar Wochen angestellte Vermutung bezüglich der Möglichkeiten des VDS mit dieser Meldung bestätigt wird...
Thursday September 21, 6:30 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Receives First Order for Nomad Display Systems
Company Teams With Telesensory to Aid Visually Impaired
BOTHELL, Wash., Sept. 21 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), the leader in retinal scanning display (RSD) technology, announced that it has received a purchase agreement for Nomad wearable displays from Telesensory (www.telesensory.com), a leader in providing product solutions to assist people with low vision. Telesensory will use the Nomads as a low vision device intended to improve the ability of people with low vision to read printed material.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000921/SFTH042 )
Telesensory has agreed to an initial purchase of ten Nomad systems, and will immediately begin evaluations for a 90-day period with Microvision`s current prototype display at selected private and public low vision clinics. Telesensory has indicated that they believe the market potential for Microvision`s low vision aid could reach thousands of units per year worldwide. The order represents Microvision`s first order for production units scheduled for release in mid-2001.
Nomad -- Microvision`s first commercial product -- integrates Microvision`s patented retinal scanning display (RSD) technology into head worn devices, and allows an individual to view images without the need for a cumbersome screen. The technology scans a low-power beam of light to ``paint`` rows of pixels onto the eye, creating a high resolution, see-through, full-motion image without the use of electronic screens of any kind. To the viewer, the image appears to be floating directly in front of them at about an arm`s length away, as if on a large computer or television monitor.
Telesensory`s initial focus is on those people afflicted with age related macular degeneration (AMD). AMD is the leading cause of new blindness in the USA with estimates ranging as high as 200,000 new cases diagnosed each year. The system could also prove useful as a reading system for people with glaucoma, diabetic retinopathy or retinitis pigmentosa (RP).
``Many people with macular degeneration are not completely blind, but have a great deal of difficulty reading or watching television,`` stated Edward M. Long, Telesensory`s president and CEO. ``The special characteristics of Nomad make it ideal for the partially sighted. These include: fully directed scanned light to create the brightest images of any display technology, high contrast range, no need for a large physical screen, creating a wearable low vision aid that allows the user access to virtually any printed material.``
In the United States an estimated 15 million people suffer from visual impairment, with an estimated 2 million new cases per year. The population in other developed countries with visual impairment exceeds the number in the US.
The prevalence of this condition is expected to grow as the population over age 65 expands over the next several decades. One in eight Americans between the ages of 55 and 64 will be afflicted with visual impairment. The prevalence of impairment rises to one in six Americans between the ages of 64 and 74, and one in three over the age of 75.
``The Nomad personal display has been designed to function as a personal head-up display for aviation, medical and industrial professionals, and now as an aid to individuals with low vision,`` stated Rick Rutkowski, Microvision President and CEO. ``It is gratifying to work with Telesensory in targeting a market opportunity that promises to improve the lives of so many people while offering meaningful growth potential for Microvision. This first sale -- in advance of actual production -- to Telesensory is consistent with our strategy for initial rollout of Nomad into a number of vertical market segments within the commercial/industrial and medical markets, and we look forward to more such developments. We are enthusiastic about the breadth of application for the Nomad display, and we continue to receive very positive feedback from ongoing customer trials of the Nomad beta system.``
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at www.mvis.com.
About Telesensory
Telesensory is the leading worldwide developer, manufacturer, and marketer of electronic and computer-based products to assist people with low vision. For over three decades, Telesensory has been helping visually impaired and blind people achieve greater independence through innovative, technology-based products. Telesensory`s corporate headquarters in Sunnyvale, California includes the company`s product development, sales, manufacturing, and marketing departments. Telesensory products are available in 50 countries worldwide, with sales offices in London and Paris. In the United States, products are sold by more than 300 distributors, dealers, and resellers who provide personalized customer support throughout the country, including sales offices in New York City, Detroit, Tampa, and Phoenix. Telesensory may be reached at 800-804-8004. Additional information can be found at the company`s web site at www.telesensory.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-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission.
SOURCE: Microvision, Inc.
Hi
die börse honoriert das mit einem kräftigen Abschlag. War wohl nicht so ganz nach deren Geschmack. 10 Prototypen von Sehhilfen verkauft, ist auf den ersten Blick wahrlich nicht der Kracher, aber es ist schön zu wissen wo überall RSD zum Einsatz kommen kann.
Ich denke, ich werde morgen die Gunst der Stunde nutzen und nachfassen. Oder vielleicht doch noch etwas warten, bis sich die Turbulenzen an der Nasdaq gelegt haben. Hmm.
Das Problem ist nur, wenn erstmal ein Big Deal zustande kommt, wird es einen mächtigen short squeeze geben, bei den Mengen an leerverkauften Aktien und den möchte ich mir eigentlich nicht entgehen lassen.
Ach ich weiss auch nicht. Grummel grummel....
die börse honoriert das mit einem kräftigen Abschlag. War wohl nicht so ganz nach deren Geschmack. 10 Prototypen von Sehhilfen verkauft, ist auf den ersten Blick wahrlich nicht der Kracher, aber es ist schön zu wissen wo überall RSD zum Einsatz kommen kann.
Ich denke, ich werde morgen die Gunst der Stunde nutzen und nachfassen. Oder vielleicht doch noch etwas warten, bis sich die Turbulenzen an der Nasdaq gelegt haben. Hmm.
Das Problem ist nur, wenn erstmal ein Big Deal zustande kommt, wird es einen mächtigen short squeeze geben, bei den Mengen an leerverkauften Aktien und den möchte ich mir eigentlich nicht entgehen lassen.
Ach ich weiss auch nicht. Grummel grummel....
Kann mich Dir nur anschließen, gabi - ich probier`s einfach mal mit nem dreisten Limit, dann brauch ich mir zumindest keinen Vorwurf zu machen...
Hi
Isaac, wie dreist ?
Ich denke heute ist alles möglich, da kann man eventuell auch ein unverschämtes setzen.
Isaac, wie dreist ?
Ich denke heute ist alles möglich, da kann man eventuell auch ein unverschämtes setzen.
Hi @all!
Zu MVIS: vor Wochen hatten wir fast 50% gemacht aus dem einen Grund: Gerüchte. shorties bekommen da natürlich Angst und decken sich ein. Die letzten Meldungen haben zumindest für mich nichts neues gebracht. War ja eigentlich alles schon bekannt!
Die Marschrichtung ist vom Prinzip her klar: man hat mehrere Prototypen an mehrere rennomierte Adressen ausgeliefert und befindet sich nach wie vor in der Entwicklungsphase. Mit NOMAD (der Name gefällt mir) hat man nun das erste marktreife Produkt für die erste Anwendergruppe. NOMAD II, III usw. werden folgen. Einsatzgebiete sind bekannt.
@gabi: keine Hektik mit dem Einstieg. Ich persönlich habe meine Tradingposition nach dem letzten Hype verkauft (weil er auf Gerüchte basierte), nun schon das 3.mal in diesem Jahr. Meine Langfristposition halte ich natürlich. Dieses Auf-und Ab mit MVIS dürfte noch einige Monate andauern, ist schließlich ein hochspekulatives Investment. Momentan spricht der Chart eine eindeutige Sprache, die Stimmung wird bewußt mies gehalten, weil viele derzeit short sind. Play the game....
Stimmungen können aber auch schnell wieder schwanken.
@Isaac: Tach auch!
Dreiste Limits an der NASDAQ sind aber wirklich sehr empfehlenswert.
Viel Spaß mit MVIS
M_3
Zu MVIS: vor Wochen hatten wir fast 50% gemacht aus dem einen Grund: Gerüchte. shorties bekommen da natürlich Angst und decken sich ein. Die letzten Meldungen haben zumindest für mich nichts neues gebracht. War ja eigentlich alles schon bekannt!
Die Marschrichtung ist vom Prinzip her klar: man hat mehrere Prototypen an mehrere rennomierte Adressen ausgeliefert und befindet sich nach wie vor in der Entwicklungsphase. Mit NOMAD (der Name gefällt mir) hat man nun das erste marktreife Produkt für die erste Anwendergruppe. NOMAD II, III usw. werden folgen. Einsatzgebiete sind bekannt.
@gabi: keine Hektik mit dem Einstieg. Ich persönlich habe meine Tradingposition nach dem letzten Hype verkauft (weil er auf Gerüchte basierte), nun schon das 3.mal in diesem Jahr. Meine Langfristposition halte ich natürlich. Dieses Auf-und Ab mit MVIS dürfte noch einige Monate andauern, ist schließlich ein hochspekulatives Investment. Momentan spricht der Chart eine eindeutige Sprache, die Stimmung wird bewußt mies gehalten, weil viele derzeit short sind. Play the game....
Stimmungen können aber auch schnell wieder schwanken.
@Isaac: Tach auch!
Dreiste Limits an der NASDAQ sind aber wirklich sehr empfehlenswert.
Viel Spaß mit MVIS
M_3
@Isaac: damit habe ich nicht gerechnet, VDS als Sehhilfe! Da bringt MVIS ja der Menschheit was gutes! Auf die einfachen Dinge kommt man eben erst zum Schluß.
Der Umfang von 10 Einheiten kann natürlich erst ein Anfang sein. MVIS muß Produktionskapazitäten ausbauen.
M_3
Der Umfang von 10 Einheiten kann natürlich erst ein Anfang sein. MVIS muß Produktionskapazitäten ausbauen.
M_3
zum Thema provokante Limits: habe heute eine provokante Order 35$ an die NASDAQ geschickt, gestriger Schlußkurs 37$. Heutiger Eröffnungskurs 34,5625$. Order ausgeführt. Aktuell 38,5$.
Bei Käufen und Verkäufen immer die Schwankungen ausnutzen, gelegentlich landet man Treffer.
Schönen Abend noch
M_3
Bei Käufen und Verkäufen immer die Schwankungen ausnutzen, gelegentlich landet man Treffer.
Schönen Abend noch
M_3
Lohnt sich zum Lesen:
http://www.rtcgroup.com/cotsjournal/cots5600/cots5600p15.htm…
Wie stelle ich diese seite als link rein? Danke
Zur Erinnerung: MVIS hat einen Mio-schweren Auftrag von der US-Army, der kürzlich um 800k vergrößert wurde. Nach meiner persönlichen Einschätzung wird die US-Army für die nächste Zeit der größte Kunde bleiben und weitere Mio flüssig machen... auch das Internet wurde erst ausschließlich militärisch genutzt...
Demnächst stehen events mit der army an (im Oktober).
M_3
http://www.rtcgroup.com/cotsjournal/cots5600/cots5600p15.htm…
Wie stelle ich diese seite als link rein? Danke
Zur Erinnerung: MVIS hat einen Mio-schweren Auftrag von der US-Army, der kürzlich um 800k vergrößert wurde. Nach meiner persönlichen Einschätzung wird die US-Army für die nächste Zeit der größte Kunde bleiben und weitere Mio flüssig machen... auch das Internet wurde erst ausschließlich militärisch genutzt...
Demnächst stehen events mit der army an (im Oktober).
M_3
Was ist ein Leerverkauf ?
Gruß Fulminator
Gruß Fulminator
Hallo Fulminator
wenn es Dir sonst keiner erklären will, helfe ich mal aus: Leerverkäufe sind Verkäufe eines Underlyings, ohne dieses zu besitzen. Der Verkäufer verkauft in der Erwartung, daß der Kurs in Zukunft fallen wird und er seine Position dann gewinnbringend schließen kann, d.h. das Underlying zu einem geringeren Kurs zurückkauft. Auf diese Weise verdient man an fallenden Kursen. Vor allem Hedge-Fonds arbeiten mit dieser Strategie. Bei Microvision sind rund 10% des Floats leerverkauft, das ist ein mehr als stattlicher Anteil. Offensichtlich sind hier also nicht alle so von MVIS überzeugt wie der Threaderöffner...
Viel Erfolg
Added Value
wenn es Dir sonst keiner erklären will, helfe ich mal aus: Leerverkäufe sind Verkäufe eines Underlyings, ohne dieses zu besitzen. Der Verkäufer verkauft in der Erwartung, daß der Kurs in Zukunft fallen wird und er seine Position dann gewinnbringend schließen kann, d.h. das Underlying zu einem geringeren Kurs zurückkauft. Auf diese Weise verdient man an fallenden Kursen. Vor allem Hedge-Fonds arbeiten mit dieser Strategie. Bei Microvision sind rund 10% des Floats leerverkauft, das ist ein mehr als stattlicher Anteil. Offensichtlich sind hier also nicht alle so von MVIS überzeugt wie der Threaderöffner...
Viel Erfolg
Added Value
Hi Leute!
Aus charttechnischer Sicht, wird es interessant!
MVIS hat eine Dreiecksformation ausgebildet. Schaut Euch das mal an, vielleicht hilft es ja dem ein- oder anderen in seiner Anlageentscheidung!
Ausbruch nach oben: Großes Kaufsignal
Ausbruch nach unten: Oha!!
SF
Aus charttechnischer Sicht, wird es interessant!
MVIS hat eine Dreiecksformation ausgebildet. Schaut Euch das mal an, vielleicht hilft es ja dem ein- oder anderen in seiner Anlageentscheidung!
Ausbruch nach oben: Großes Kaufsignal
Ausbruch nach unten: Oha!!
SF
Microvision and R RAMJET Team to Develop Safer Cockpit Emergency Display SystemRetinal Scanning Display to Help Pilots See in Smoke-Filled Cockpits
BOTHELL, Wash., Oct 3, 2000 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), the leading developer of retinal scanning display (RSD)
technology, today announced a cooperative agreement with R RAMJET Inc., a
leading aviation consulting group, to jointly pursue and develop a head-worn
display for flight crews during emergency smoke-in-cockpit situations aboard
transport aircraft. The device, referred to as a Smoke Evasion Vision Instrument
(SEVI), utilizes Microvision`s RSD technology to scan flight-control information
directly onto the retina allowing flight crews to see in smoke-filled cockpits.
According to US Government figures, approximately 16% of all US transport
accidents over the past 25 years involved fire and smoke-in-the-cockpit
situations. These in-flight, smoke-in-cockpit situations create especially
difficult and dangerous conditions for flight crews to control and land their
aircraft safely. When smoke occurs in the cockpit, flight crews have difficulty
seeing the instrumentation and data (altitude, airspeed, etc.) as well as the
external world (topography, landing strips, runway lights, etc.). This hinders
the crew`s ability to simultaneously identify and assess the emergency
situation, maintain safety of flight, and to take corrective action.
Current smoke-in-cockpit procedures include donning oxygen masks and smoke
goggles. While pilots can breathe and keep their eyes protected from smoke
fumes, it can be difficult to see and read the necessary flight instrumentation.
When integrated with smoke goggles, Microvision`s RSD technology will provide
the flight crew with full-motion images scanned directly onto their eyes.
Microvision`s RSD technology delivers bright, daylight readable, high-resolution
images that will not be affected by smoke. Microvision and R RAMJET believe this
display system will drastically reduce the level of difficulty associated with
fighting smoke-in-cockpit emergency situations.
Bob Ramsay, founder of R RAMJET stated, "We see a tremendous market opportunity
with this partnership, one that addresses a problem the aviation community is
desperately struggling with. Our initial targets will be the corporate/business
jet community, to be closely followed by commercial airlines. With a market of
over 15,000 aircraft worldwide, the business potential is significant since all
transport aircraft require this type of safety equipment."
"The SEVI concept fits perfectly with our business strategy to identify and
secure a broad spectrum of personal display applications that are enabled by our
core display offering," said Steve Whiston, Microvision`s defense & aerospace
marketing manager. "We studied this application carefully and believe the
combination of Microvision`s "see-through" high brightness display-integrated
with existing flight goggles-is the optimal solution to a demanding,
life-threatening situation. Our plan supports R RAMJET`s efforts in securing
funding and partners to offer this system to operators worldwide.
"R RAMJET`s staff has the experience necessary to move this idea from
engineering concept to program funding, including FAA certification and flight
test."
About R RAMJET, Inc. www.rramjet.com
R RAMJET is an aerospace consulting company with a wide range of clientele,
including such companies as Lockheed Martin Corp. (Electronics & Missiles) and
Raytheon Systems Company that is dedicated to assisting their customers in
executing high value programs within the aviation, electronics, and defense
industries. By using a selective group of subject matter experts, the company
can quickly provide unique and tailored solutions to very complex problems.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
SOURCE Microvision, Inc.
-------------------
gerade die Amerikaner sind in puncto Flugsicherheit penibelst. Einen hübschen Massenmarkt hat da MVIS im Auge. Und das Schöne dabei: es handelt sich um ein Segment von vielen!
Nichts desto trotz hat MVIS in seiner Art den NASADQ-Absturz der letzten Minuten voll mitgemacht.
@seubert: was hälst Du von einem provokanten 30er-Limit? Gehen wir unter die 33, sehen wir die 30. Fällt diese auch noch sind wir bei 25-27.
M_3
BOTHELL, Wash., Oct 3, 2000 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), the leading developer of retinal scanning display (RSD)
technology, today announced a cooperative agreement with R RAMJET Inc., a
leading aviation consulting group, to jointly pursue and develop a head-worn
display for flight crews during emergency smoke-in-cockpit situations aboard
transport aircraft. The device, referred to as a Smoke Evasion Vision Instrument
(SEVI), utilizes Microvision`s RSD technology to scan flight-control information
directly onto the retina allowing flight crews to see in smoke-filled cockpits.
According to US Government figures, approximately 16% of all US transport
accidents over the past 25 years involved fire and smoke-in-the-cockpit
situations. These in-flight, smoke-in-cockpit situations create especially
difficult and dangerous conditions for flight crews to control and land their
aircraft safely. When smoke occurs in the cockpit, flight crews have difficulty
seeing the instrumentation and data (altitude, airspeed, etc.) as well as the
external world (topography, landing strips, runway lights, etc.). This hinders
the crew`s ability to simultaneously identify and assess the emergency
situation, maintain safety of flight, and to take corrective action.
Current smoke-in-cockpit procedures include donning oxygen masks and smoke
goggles. While pilots can breathe and keep their eyes protected from smoke
fumes, it can be difficult to see and read the necessary flight instrumentation.
When integrated with smoke goggles, Microvision`s RSD technology will provide
the flight crew with full-motion images scanned directly onto their eyes.
Microvision`s RSD technology delivers bright, daylight readable, high-resolution
images that will not be affected by smoke. Microvision and R RAMJET believe this
display system will drastically reduce the level of difficulty associated with
fighting smoke-in-cockpit emergency situations.
Bob Ramsay, founder of R RAMJET stated, "We see a tremendous market opportunity
with this partnership, one that addresses a problem the aviation community is
desperately struggling with. Our initial targets will be the corporate/business
jet community, to be closely followed by commercial airlines. With a market of
over 15,000 aircraft worldwide, the business potential is significant since all
transport aircraft require this type of safety equipment."
"The SEVI concept fits perfectly with our business strategy to identify and
secure a broad spectrum of personal display applications that are enabled by our
core display offering," said Steve Whiston, Microvision`s defense & aerospace
marketing manager. "We studied this application carefully and believe the
combination of Microvision`s "see-through" high brightness display-integrated
with existing flight goggles-is the optimal solution to a demanding,
life-threatening situation. Our plan supports R RAMJET`s efforts in securing
funding and partners to offer this system to operators worldwide.
"R RAMJET`s staff has the experience necessary to move this idea from
engineering concept to program funding, including FAA certification and flight
test."
About R RAMJET, Inc. www.rramjet.com
R RAMJET is an aerospace consulting company with a wide range of clientele,
including such companies as Lockheed Martin Corp. (Electronics & Missiles) and
Raytheon Systems Company that is dedicated to assisting their customers in
executing high value programs within the aviation, electronics, and defense
industries. By using a selective group of subject matter experts, the company
can quickly provide unique and tailored solutions to very complex problems.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
SOURCE Microvision, Inc.
-------------------
gerade die Amerikaner sind in puncto Flugsicherheit penibelst. Einen hübschen Massenmarkt hat da MVIS im Auge. Und das Schöne dabei: es handelt sich um ein Segment von vielen!
Nichts desto trotz hat MVIS in seiner Art den NASADQ-Absturz der letzten Minuten voll mitgemacht.
@seubert: was hälst Du von einem provokanten 30er-Limit? Gehen wir unter die 33, sehen wir die 30. Fällt diese auch noch sind wir bei 25-27.
M_3
positive Studie über Microvision:
http://www.lrponline.net/equityresearch_synopsis_microvision…
und schon machen wir +14% bei fast 300k shares. Sollte die Lawine ins Rollen kommen müssen die vielen shorties allesamt rein! Was das heißt muß ich nicht erklären.
@addedvalue: richtig, viele MVIS-Aktien short. Heißt aber nicht daß die shorties nicht überzeugt sind von dem Wert. Ich persönlich bin pro MVIS, fand aber z.B. die 68$ im Frühjahr für zu viel.
Sollte ALIF mal ein 27-seitiges Research erhalten, welches auch noch positiv ausfällt, sag mir doch bitte bescheid!
@Seubert: arbeitest Du mit Chartprogrammen oder bloß Grundwissen?
M_3
http://www.lrponline.net/equityresearch_synopsis_microvision…
und schon machen wir +14% bei fast 300k shares. Sollte die Lawine ins Rollen kommen müssen die vielen shorties allesamt rein! Was das heißt muß ich nicht erklären.
@addedvalue: richtig, viele MVIS-Aktien short. Heißt aber nicht daß die shorties nicht überzeugt sind von dem Wert. Ich persönlich bin pro MVIS, fand aber z.B. die 68$ im Frühjahr für zu viel.
Sollte ALIF mal ein 27-seitiges Research erhalten, welches auch noch positiv ausfällt, sag mir doch bitte bescheid!
@Seubert: arbeitest Du mit Chartprogrammen oder bloß Grundwissen?
M_3
@M_3: Das hat rein gar nichts mit Kursen aus dem Frühjahr zu tun. Aktuell sind 10% des Floats short, und wer jetzt short ist, hält das aktuelle Niveau für überzogen, nicht die 68$ aus dem Frühjahr. So einfach ist das...
Wenn die ALIF-Studie da ist, sag ich Dir gerne bescheid, kein Problem...
PS: Ich bin zwar schon ein paar Jahre im Finance-Bereich tätig, von "überzeugten Shorties" hab´ ich aber noch nie etwas gehört. Aber grüß´ sie doch bitte herzlich von mir, wenn Du sie triffst
Wenn die ALIF-Studie da ist, sag ich Dir gerne bescheid, kein Problem...
PS: Ich bin zwar schon ein paar Jahre im Finance-Bereich tätig, von "überzeugten Shorties" hab´ ich aber noch nie etwas gehört. Aber grüß´ sie doch bitte herzlich von mir, wenn Du sie triffst
Nicht zum ersten mal sage ich daß MVIS aktuell für viele ein Zockerwert ist und noch solange bleiben wird, bis Produkte in größerer Anzahl verkauft werden.
Simpel ausgedrückt läuft es seit Monaten so: haben wir ein hohes Kursniveau, zählen die Argumente "Wir haben doch noch keine richtigen revenues"; bei niedrigem Niveau "tolle Technologie, riesen Potential in einem gewaltigen Massenmarkt". Beide Argumente sind richtig, aber eben nur jeweils zu einem bestimmten Zeitpunkt.
Gestern folgendes Szenario: Eine Studie
COMPANY Microvision, Inc. (MVIS-NASDAQ)
INDUSTRY Mobile Computing / Communications
REPORT TYPE Basic Report
DATE October 3, 2000
PAGES 27
PRICE $25.00
VIEW Summary
Contents: Text
Contents: Tables and Charts
Companies Mentioned in this Report
Disclaimer
SUMMARY
Revenue and Profit Projections
Explosive growth in mobile computing / communication device sales and the increasing importance of photonics and micro-photonics to digital content delivery should provide Microvision, Inc. with the opportunity to generate significant annual sales and profits within the next several years.
The Company’s "rolling" transition from development stage company to operating company is set to commence in mid-2001 with initial sales of Nomad. Currently, we are projecting 2000, 2001, 2002 and 2003 EPS of $(2.19), $(1.81), $(0.89) and $0.54, respectively.
und schon kommt wieder das Pro-Argument zum Vorschein. Shorties müssen sich eindecken und schon geht die Post gewaltig ab...
selbe Szenario wenn Gerüchte auftreten (s.o.).
Gruß
M_3
Simpel ausgedrückt läuft es seit Monaten so: haben wir ein hohes Kursniveau, zählen die Argumente "Wir haben doch noch keine richtigen revenues"; bei niedrigem Niveau "tolle Technologie, riesen Potential in einem gewaltigen Massenmarkt". Beide Argumente sind richtig, aber eben nur jeweils zu einem bestimmten Zeitpunkt.
Gestern folgendes Szenario: Eine Studie
COMPANY Microvision, Inc. (MVIS-NASDAQ)
INDUSTRY Mobile Computing / Communications
REPORT TYPE Basic Report
DATE October 3, 2000
PAGES 27
PRICE $25.00
VIEW Summary
Contents: Text
Contents: Tables and Charts
Companies Mentioned in this Report
Disclaimer
SUMMARY
Revenue and Profit Projections
Explosive growth in mobile computing / communication device sales and the increasing importance of photonics and micro-photonics to digital content delivery should provide Microvision, Inc. with the opportunity to generate significant annual sales and profits within the next several years.
The Company’s "rolling" transition from development stage company to operating company is set to commence in mid-2001 with initial sales of Nomad. Currently, we are projecting 2000, 2001, 2002 and 2003 EPS of $(2.19), $(1.81), $(0.89) and $0.54, respectively.
und schon kommt wieder das Pro-Argument zum Vorschein. Shorties müssen sich eindecken und schon geht die Post gewaltig ab...
selbe Szenario wenn Gerüchte auftreten (s.o.).
Gruß
M_3
Die Sache mit den "Shorties, die sich eindecken müssen", ist eines der größten Mißverständnisse überhaupt. Das Gerede vom "Short Squeeze" hört man ja immer wieder mal. Dazu nur so viel: Wenn ich eine Position öffne (long oder short), muß ich sie auch irgendwann wieder schließen über das entsprechende Gegengeschäft. Da kann es auch zum "Long Squeeze" kommen, wenn nämlich plötzlich viele Marktteilnehmer ihre Longpositionen liquidieren. Das nennt man dann Crash. Und wenn ich meine Longpositionen fremdfinanziere, steckt in einem solchen Szenario genauso der Turbo drin wie in einem Short Squeeze.
Solche starken Short-Positionen wie bei MVIS gab es auch mal bei LHS und SCM 1998/1999. Für die "Longs" war das nicht gerade lustig, wie man am Chart erkennen kann. Ich wäre da sehr vorsichtig und würde meine Positionen nicht auf Binsenweisheiten wie "Short Squeeze, wenn Gerüchte kommen" aufbauen. Der Schuß geht schnell nach hinten los...
Solche starken Short-Positionen wie bei MVIS gab es auch mal bei LHS und SCM 1998/1999. Für die "Longs" war das nicht gerade lustig, wie man am Chart erkennen kann. Ich wäre da sehr vorsichtig und würde meine Positionen nicht auf Binsenweisheiten wie "Short Squeeze, wenn Gerüchte kommen" aufbauen. Der Schuß geht schnell nach hinten los...
Microvision Establishes Development Relationship With Cleveland Clinic FoundationRenowned Surgical Center to Support Retinal Scanning Display Development As Key Visualization Technology for Operating Room of the Future
BOTHELL, Wash., Oct 11, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced that The Cleveland Clinic Foundation Minimally
Invasive Surgery Center has initiated a development relationship to support
their evaluation of Microvision`s retinal scanning display technology (RSD) for
future medical applications. To conduct the first in a series of evaluations,
the Cleveland Clinic has purchased a full-color and single-color prototype
display. The value of the initial investment was approximately $600,000 and
supports Microvision`s continued efforts to conduct field tests of prototype
display systems with a variety of strategic partners. The Cleveland Clinic will
conduct studies focused primarily on image-guided surgery and minimally invasive
procedures.
Surgeons wearing the displays will view procedure-relevant images as well as
patient data and vital signs through the revolutionary RSD technology which
`paints` rows of pixels on the users eye. The result is that the surgeon
experiences what is called `augmented vision` where electronic images are
superimposed over the real world.
With advances in image guided systems and computer graphics technology, the
output of traditional diagnostics imaging tools such as magnetic resonance
imaging (MRI) and computed tomography (CT) can be turned into enhanced visual
reference models that are valuable for both preoperative planning and as a
visual guide to assist navigation during surgery. Microvision believes that the
advantages of their display enable improved surgical outcomes, greater
efficiency, reduced patient trauma, faster recovery and the ability to rapidly
teach and develop new procedures.
"As we begin to focus on the miniaturization of surgery, Microvision`s display
technology will be a necessary and valuable component of our initiative,"
commented Charles P. Steiner, Director of Product Development for the Minimally
Invasive Surgery Center at The Cleveland Clinic Foundation. "Through
Microvision`s display, surgeons will have access to pertinent information and
patient vital signs during surgery and this will transform procedures inside the
body while increasing surgical efficiency."
"We are thrilled that The Cleveland Clinic Foundation has joined our growing
list of world leading medical partners," stated Rick Rutkowski, Microvision
President and CEO. "We are pleased to work with the Cleveland Clinic in
developing a series of applications that will advance the surgical use of RSD
technology. We fully expect this initial collaboration will be followed by other
projects and we look forward to a long term relationship."
The Cleveland Clinic Foundation will host a conference on October 15 and 16
entitled "Fantastic Voyage: the Operating Room of the Future" during which
modern day minimally invasive surgery will be contrasted to technologies
depicted in the 1966 film, "Fantastic Voyage." Parallels will be drawn between
the concepts portrayed in the film and the reality of today`s operating suites.
Microvision`s RSD technology will be an integral part of a modern minimally
invasive surgical suite and will be featured as one of the core technologies
that will enable the operating room of the future.
BOTHELL, Wash., Oct 11, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced that The Cleveland Clinic Foundation Minimally
Invasive Surgery Center has initiated a development relationship to support
their evaluation of Microvision`s retinal scanning display technology (RSD) for
future medical applications. To conduct the first in a series of evaluations,
the Cleveland Clinic has purchased a full-color and single-color prototype
display. The value of the initial investment was approximately $600,000 and
supports Microvision`s continued efforts to conduct field tests of prototype
display systems with a variety of strategic partners. The Cleveland Clinic will
conduct studies focused primarily on image-guided surgery and minimally invasive
procedures.
Surgeons wearing the displays will view procedure-relevant images as well as
patient data and vital signs through the revolutionary RSD technology which
`paints` rows of pixels on the users eye. The result is that the surgeon
experiences what is called `augmented vision` where electronic images are
superimposed over the real world.
With advances in image guided systems and computer graphics technology, the
output of traditional diagnostics imaging tools such as magnetic resonance
imaging (MRI) and computed tomography (CT) can be turned into enhanced visual
reference models that are valuable for both preoperative planning and as a
visual guide to assist navigation during surgery. Microvision believes that the
advantages of their display enable improved surgical outcomes, greater
efficiency, reduced patient trauma, faster recovery and the ability to rapidly
teach and develop new procedures.
"As we begin to focus on the miniaturization of surgery, Microvision`s display
technology will be a necessary and valuable component of our initiative,"
commented Charles P. Steiner, Director of Product Development for the Minimally
Invasive Surgery Center at The Cleveland Clinic Foundation. "Through
Microvision`s display, surgeons will have access to pertinent information and
patient vital signs during surgery and this will transform procedures inside the
body while increasing surgical efficiency."
"We are thrilled that The Cleveland Clinic Foundation has joined our growing
list of world leading medical partners," stated Rick Rutkowski, Microvision
President and CEO. "We are pleased to work with the Cleveland Clinic in
developing a series of applications that will advance the surgical use of RSD
technology. We fully expect this initial collaboration will be followed by other
projects and we look forward to a long term relationship."
The Cleveland Clinic Foundation will host a conference on October 15 and 16
entitled "Fantastic Voyage: the Operating Room of the Future" during which
modern day minimally invasive surgery will be contrasted to technologies
depicted in the 1966 film, "Fantastic Voyage." Parallels will be drawn between
the concepts portrayed in the film and the reality of today`s operating suites.
Microvision`s RSD technology will be an integral part of a modern minimally
invasive surgical suite and will be featured as one of the core technologies
that will enable the operating room of the future.
NEW PORTFOLIO MANAGER
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MICROVISION INC - Nasdaq National Market: MVIS
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News October 12, 11:58 Eastern Time
U.S. Display Consortium Gains Four MembersCambridge Display Technology, inViso, Microvision, and MicroOptical Reflect Emerging Trends in Display Technology and Propel USDC Membership to Nineteen Companies
SAN JOSE, Calif., Oct 12, 2000 (BUSINESS WIRE) -- The U.S Display Consortium, a
public/private partnership chartered with developing the flat panel display
(FPD) infrastructure, today announced the addition of four new companies to
their membership roster.
Joining USDC are Cambridge Display Technology (CDT), inViso Inc., MicroOptical
Corp., and Microvision, Inc. USDC serves its membership as a common forum to
identify issues critical to the display industry, and to develop plans and
specifications for the future generation of FPD manufacturing, equipment,
materials and components.
"The newest members of USDC are stellar examples of the growth and expansion
occurring in the display industry. All four companies are leading innovators in
either microdisplays or display components," stated Michael Ciesinski, president
of USDC. "As we continue to grow in membership, the consortium will expand its
focus of infrastructure development and market promotion to accommodate the
requirements of these members."
"inViso, Microvision, and MicroOptical are all focused on commercializing
personal displays, headsets and eye viewers that will enable a new era of
wireless portability," stated Charles McLaughlin, president of McLaughlin
Consulting Group. "Personal displays are widely viewed as the next frontier for
microdisplays, an opportunity that will quickly grow into a billion-dollar
market, matching the current size of the projection microdisplay business."
"CDT has established itself as a leading developer of light emitting polymers
diodes (LEDs). Partnering with an impressive team of licensees, CDT continues to
launch a striking array of prototype products," added McLaughlin
According to DisplaySearch, an independent research firm, the flat panel display
industry is expected to grow at a 25% CAGR from $18.5 billion in 1999 to almost
$70 billion in 2005. The personal display market alone is projected to exceed $5
billion over the next five years.
InViso Inc. based in Sunnyvale, CA., develops, manufactures, and markets
OptiScape microdisplay modules and mobile information access devices.
Applications for inViso`s products include electronic glasses, handheld
computing devices (PDAs), digital cameras and cellular handsets. For more
information on inViso Inc., visit http://www.inviso.com
Headquartered in Bothell, Wash., Microvision, Inc. (Nasdaq: MVIS) is the
developer of the patented retinal scanning display technology and innovator of
micro miniature optical scanning technology for display imaging applications.
For more information on Microvision visit http://www.mvis.com
MicroOptical Corporation (Nasdaq: EMKR), headquartered in Albuquerque, N.M.,
develops compound semiconductor products for the broadband communications and
solid state lighting markets. MicroOptical`s solutions include optical
components for high-speed data and telecommunications; solar cells for global
satellite communications; and electronic materials for high bandwidth
communications systems, such as Internet access and wireless telephones. For
more information on MicroOptical visit http://www.microoptical.com
Cambridge Display Technologies (CDT) based in Cambridge, U.K., develops and
researches for commercial use Light Emitting Polymers (LEPs). LEP technology
will be used as an alternative to the cathode ray tube and provide a basis for
products such as virtual reality headsets and flexible and formable displays.
For more information on CDT visit http://www.cdtltd.co.uk.com
About U.S. Display Consortium:
The USDC is an industry-led, public/private partnership providing a common
platform for flat panel display manufacturers and developers, FPD users, and the
supplier base. Headquartered in San Jose, Calif., the consortium`s mission is to
develop the U.S. infrastructure required to support a world-class, US based
manufacturing capability for high-definition displays. For more information
about US Display Consortium, visit their website at www.usdc.org
CONTACT: U.S. Display Consortium
Maya Thornell, 408/277-2400
Fax, 408/277-2490
maya@usdc.org
URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2000 Business Wire. All rights reserved.
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: HARDWARE
ELECTRONIC
GAMES/MULTIMEDIA
Now see how Today`s Market is
`Movin` and Shakin` your Positions.
MICROVISION INC - Nasdaq National Market: MVIS
Quote, Profile, History, News, Options, Chart, Big Charts, MarketGuide, StockTalk Remove from WatchList
News October 12, 11:58 Eastern Time
U.S. Display Consortium Gains Four MembersCambridge Display Technology, inViso, Microvision, and MicroOptical Reflect Emerging Trends in Display Technology and Propel USDC Membership to Nineteen Companies
SAN JOSE, Calif., Oct 12, 2000 (BUSINESS WIRE) -- The U.S Display Consortium, a
public/private partnership chartered with developing the flat panel display
(FPD) infrastructure, today announced the addition of four new companies to
their membership roster.
Joining USDC are Cambridge Display Technology (CDT), inViso Inc., MicroOptical
Corp., and Microvision, Inc. USDC serves its membership as a common forum to
identify issues critical to the display industry, and to develop plans and
specifications for the future generation of FPD manufacturing, equipment,
materials and components.
"The newest members of USDC are stellar examples of the growth and expansion
occurring in the display industry. All four companies are leading innovators in
either microdisplays or display components," stated Michael Ciesinski, president
of USDC. "As we continue to grow in membership, the consortium will expand its
focus of infrastructure development and market promotion to accommodate the
requirements of these members."
"inViso, Microvision, and MicroOptical are all focused on commercializing
personal displays, headsets and eye viewers that will enable a new era of
wireless portability," stated Charles McLaughlin, president of McLaughlin
Consulting Group. "Personal displays are widely viewed as the next frontier for
microdisplays, an opportunity that will quickly grow into a billion-dollar
market, matching the current size of the projection microdisplay business."
"CDT has established itself as a leading developer of light emitting polymers
diodes (LEDs). Partnering with an impressive team of licensees, CDT continues to
launch a striking array of prototype products," added McLaughlin
According to DisplaySearch, an independent research firm, the flat panel display
industry is expected to grow at a 25% CAGR from $18.5 billion in 1999 to almost
$70 billion in 2005. The personal display market alone is projected to exceed $5
billion over the next five years.
InViso Inc. based in Sunnyvale, CA., develops, manufactures, and markets
OptiScape microdisplay modules and mobile information access devices.
Applications for inViso`s products include electronic glasses, handheld
computing devices (PDAs), digital cameras and cellular handsets. For more
information on inViso Inc., visit http://www.inviso.com
Headquartered in Bothell, Wash., Microvision, Inc. (Nasdaq: MVIS) is the
developer of the patented retinal scanning display technology and innovator of
micro miniature optical scanning technology for display imaging applications.
For more information on Microvision visit http://www.mvis.com
MicroOptical Corporation (Nasdaq: EMKR), headquartered in Albuquerque, N.M.,
develops compound semiconductor products for the broadband communications and
solid state lighting markets. MicroOptical`s solutions include optical
components for high-speed data and telecommunications; solar cells for global
satellite communications; and electronic materials for high bandwidth
communications systems, such as Internet access and wireless telephones. For
more information on MicroOptical visit http://www.microoptical.com
Cambridge Display Technologies (CDT) based in Cambridge, U.K., develops and
researches for commercial use Light Emitting Polymers (LEPs). LEP technology
will be used as an alternative to the cathode ray tube and provide a basis for
products such as virtual reality headsets and flexible and formable displays.
For more information on CDT visit http://www.cdtltd.co.uk.com
About U.S. Display Consortium:
The USDC is an industry-led, public/private partnership providing a common
platform for flat panel display manufacturers and developers, FPD users, and the
supplier base. Headquartered in San Jose, Calif., the consortium`s mission is to
develop the U.S. infrastructure required to support a world-class, US based
manufacturing capability for high-definition displays. For more information
about US Display Consortium, visit their website at www.usdc.org
CONTACT: U.S. Display Consortium
Maya Thornell, 408/277-2400
Fax, 408/277-2490
maya@usdc.org
URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2000 Business Wire. All rights reserved.
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: HARDWARE
ELECTRONIC
GAMES/MULTIMEDIA
Latest News
Military displays win some, lose some -- Oct 21 2000
Oct. 20, 2000 (Electronic Engineering Times - CMP via COMTEX) -- A mainstay of
rugged displays for the military, Planar Systems Inc. (Beaverton, Ore.) last
month said it was getting out of the avionic-LCD business. Previously, Planar
had gone to extraordinary lengths to support this part of its business,
including joining with two other companies to purchase its floundering supplier
of LCD active-matrix (AM) plates, dpiX Inc., from Xerox Corp.
"The company`s contracts to supply AM LCD flat-panel displays for military
avionics have been unprofitable and negatively affected overall corporate
results for the past three years," said Planar president and chief executive
officer Balaji Krishnamurthy. "It was clear that a decisive resolution was
necessary." The company will, however, continue to supply avionic CRTs to the
military.
Even as Planar was preparing to exit the military LCD market, other companies
are gearing up to enter it, in many cases with tiny, high-resolution devices for
head-mounted displays (HMDs). Microvision Inc. (Bothell, Wash.), for example,
recently completed a $4.176 million contract from the U.S. Army`s Aircrew
Integrated Systems Program Office, delivering a monochrome HMD with what it
claims is "unprecedented brightness and resolution." The HMD is based on
proprietary retinal-scanning technology.
Funding for continued development has since bumped the contract value up beyond
$8 million, and Microvision is expected to deliver full-color HMDs in the first
half of next year.
Elsewhere, the Defense Advanced Research Projects Agency sank $4 million into
Alien Technology (Morgan Hill, Calif.) last spring as part of an $8 million,
36-month contract to develop flexible displays. With Alien`s "nanoblock"
technology, chunks of display-related circuitry are suspended in a liquid and
literally flowed across a substrate, where they fall into the appropriate
cutouts. The company said it has demonstrated the ability to handle large
substrate areas of glass, plastic and other materials.
In a related move, the U.S. Air Force this summer gave eMagin Corp. (Hopewell
Junction, N.Y.) a $3 million grant to develop its organic light-emitting
diode-on-silicon displays. Targeting military HMDs, the 0.77-inch units pack 1.3
million 12-micron pixels, delivering 200 nits of brightness and video speed with
256 shades of gray for less than 400 mW.
Military displays win some, lose some -- Oct 21 2000
Oct. 20, 2000 (Electronic Engineering Times - CMP via COMTEX) -- A mainstay of
rugged displays for the military, Planar Systems Inc. (Beaverton, Ore.) last
month said it was getting out of the avionic-LCD business. Previously, Planar
had gone to extraordinary lengths to support this part of its business,
including joining with two other companies to purchase its floundering supplier
of LCD active-matrix (AM) plates, dpiX Inc., from Xerox Corp.
"The company`s contracts to supply AM LCD flat-panel displays for military
avionics have been unprofitable and negatively affected overall corporate
results for the past three years," said Planar president and chief executive
officer Balaji Krishnamurthy. "It was clear that a decisive resolution was
necessary." The company will, however, continue to supply avionic CRTs to the
military.
Even as Planar was preparing to exit the military LCD market, other companies
are gearing up to enter it, in many cases with tiny, high-resolution devices for
head-mounted displays (HMDs). Microvision Inc. (Bothell, Wash.), for example,
recently completed a $4.176 million contract from the U.S. Army`s Aircrew
Integrated Systems Program Office, delivering a monochrome HMD with what it
claims is "unprecedented brightness and resolution." The HMD is based on
proprietary retinal-scanning technology.
Funding for continued development has since bumped the contract value up beyond
$8 million, and Microvision is expected to deliver full-color HMDs in the first
half of next year.
Elsewhere, the Defense Advanced Research Projects Agency sank $4 million into
Alien Technology (Morgan Hill, Calif.) last spring as part of an $8 million,
36-month contract to develop flexible displays. With Alien`s "nanoblock"
technology, chunks of display-related circuitry are suspended in a liquid and
literally flowed across a substrate, where they fall into the appropriate
cutouts. The company said it has demonstrated the ability to handle large
substrate areas of glass, plastic and other materials.
In a related move, the U.S. Air Force this summer gave eMagin Corp. (Hopewell
Junction, N.Y.) a $3 million grant to develop its organic light-emitting
diode-on-silicon displays. Targeting military HMDs, the 0.77-inch units pack 1.3
million 12-micron pixels, delivering 200 nits of brightness and video speed with
256 shades of gray for less than 400 mW.
Latest News
--------------------------------------------------------------------------------
Microvision Demonstrates Compact Bar Code Scanner for Low-Cost, Low-Power Mobile Internet Applications -- 6:28 AM EDT
BOTHELL, Wash., Oct 24, 2000 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), today announced that their Imaging Solutions Group has
successfully demonstrated, several months ahead of schedule, a miniature
hand-held scanning device that will enable low-cost, low power bar-code scanners
to be used by consumers as input devices for applications such as mobile
Internet.
The demonstration, conducted at Microvision headquarters, is a first step in the
group`s previously announced plans to develop a line of image scanning products
spanning a range of price/performance points. The company`s strategy is to
deliver enabling scan-engine products ranging from very low cost devices aimed
at the potentially explosive mobile internet market to very high performance
devices aimed at more sophisticated two-dimensional and three-dimensional
industrial and medical imaging applications.
The prototype device is about two and a half inches long, just over an inch and
a half wide and about three quarters of an inch thick, and fits neatly in the
palm of a hand. The company believes that the device, which will be further
miniaturized to less than half of its current size, has the potential to be one
of the smallest, most cost-effective and usable scanners in the market, which is
a key feature for devices targeting widespread use by consumers.
"The consumer scanning space is very dynamic right now. We believe that a
portable input device that is small, cheap and easy to use could enable a number
of killer applications for mobile Internet. We see in the current market the
potential volume for this class of device to reach tens of millions of units
annually," reported Chris Wiklof, Business Development Manager for Microvision
Imaging Solutions Group.
"The device unveiled today incorporates proprietary decode technology that
results in significantly higher scanning performance than other low cost
scanners at a cost that is intrinsically lower than alternative designs. As a
next step we`ll add some very novel scanning optics to further improve the
device. This demonstration is a confidence-builder because the device performs
very well, and the design would appear to enable our objectives of very small
size, very low power, and very low cost."
"The prototype bar code scanner announced today will be used as a test bed for
measuring user interaction with the device, and we expect a second-generation
device incorporating improvements resulting from focus group responses to be
delivered by the end of January," continued Wiklof. "Simultaneous with the
development of a very low cost consumer scanner, Microvision is developing
models with even better ergonomics as well as higher performance devices.
Depending on the interest level of our business partners, we anticipate initial
production of commercial barcode scanning products in the second half of 2001."
"Our electronics design makes use of very inexpensive components that together
produce an extremely forgiving scanner response," said Bob Bogart, Manager for
Microvision`s newly-formed San Francisco Bay Area Development (BAD) Team. "This
allows a wide range of individuals with no scanning experience to pick up our
scanner and get immediate results. It`s important for consumers to have a device
that is intuitive and easy to use. People have to be able to pick up a device
and successfully scan within 15 seconds, or else they won`t use these devices. "
Rick Rutkowski, Microvision`s President and CEO added, "We envision that
consumers will use very small portable scanners as mobile input devices to
electronically read symbols in catalogs, magazines and all manner of printed
media.
"One of the key challenges for handheld computing devices is the difficulty of
inputting information into them. A PC or a notebook computer has a full-sized
keyboard, a screen and a mouse, but mobile devices have none of the above.
"Think about shopping from a catalog by reading links right off the page with
one of these devices. You will be able to activate links and perform web-based
transactions in the same way that you do using a mouse with your personal
computer: The pictures in the catalog take the place of the computer screen --
plus you can get better quality images in a fraction of the time -- and the
scanner takes the place of the mouse. In a sense, we bring e-commerce to a
context that is more familiar and natural than using a computer. You can look at
it as making the computer disappear."
A key aspect of Microvision`s strategy is to enable true portability. "For our
strategy to work, the user has to able to bring the scanner into the world with
them. It doesn`t make any sense for the user to scan items while tethered to
their computer, where you`ve already got a keyboard and a mouse. At best that
only saves a few keystrokes," explains, Wiklof. "While initial product plans
call for devices to `store-and-forward` links such that scanned symbols are
stored inside the device for later upload through a computer, Microvision
believes that the next step is for such input devices to be present in wireless
broadband products that perform real time transactions including bringing
electronic media content directly to the user."
About Microvision Imaging Solutions Group:
Microvision Imaging Solutions Group was formed earlier this year to develop new
applications and markets for the company`s proprietary scanning and imaging
technology, which was developed to support the real-time, high-resolution,
requirements of the company`s retinal scanning display technology. Focused on
establishing "total solutions" in the imaging space, the company believes that a
broad range of imaging applications in the business to business, business to
consumer and high-end medical and industrial markets can take advantage of the
high performance, miniature size and mass fabrication potential of the
underlying components and optical systems technology.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products.
----------
Ich kann nur jedem empfehlen, sich darüber mal Gedanken zu machen.
M_3
--------------------------------------------------------------------------------
Microvision Demonstrates Compact Bar Code Scanner for Low-Cost, Low-Power Mobile Internet Applications -- 6:28 AM EDT
BOTHELL, Wash., Oct 24, 2000 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), today announced that their Imaging Solutions Group has
successfully demonstrated, several months ahead of schedule, a miniature
hand-held scanning device that will enable low-cost, low power bar-code scanners
to be used by consumers as input devices for applications such as mobile
Internet.
The demonstration, conducted at Microvision headquarters, is a first step in the
group`s previously announced plans to develop a line of image scanning products
spanning a range of price/performance points. The company`s strategy is to
deliver enabling scan-engine products ranging from very low cost devices aimed
at the potentially explosive mobile internet market to very high performance
devices aimed at more sophisticated two-dimensional and three-dimensional
industrial and medical imaging applications.
The prototype device is about two and a half inches long, just over an inch and
a half wide and about three quarters of an inch thick, and fits neatly in the
palm of a hand. The company believes that the device, which will be further
miniaturized to less than half of its current size, has the potential to be one
of the smallest, most cost-effective and usable scanners in the market, which is
a key feature for devices targeting widespread use by consumers.
"The consumer scanning space is very dynamic right now. We believe that a
portable input device that is small, cheap and easy to use could enable a number
of killer applications for mobile Internet. We see in the current market the
potential volume for this class of device to reach tens of millions of units
annually," reported Chris Wiklof, Business Development Manager for Microvision
Imaging Solutions Group.
"The device unveiled today incorporates proprietary decode technology that
results in significantly higher scanning performance than other low cost
scanners at a cost that is intrinsically lower than alternative designs. As a
next step we`ll add some very novel scanning optics to further improve the
device. This demonstration is a confidence-builder because the device performs
very well, and the design would appear to enable our objectives of very small
size, very low power, and very low cost."
"The prototype bar code scanner announced today will be used as a test bed for
measuring user interaction with the device, and we expect a second-generation
device incorporating improvements resulting from focus group responses to be
delivered by the end of January," continued Wiklof. "Simultaneous with the
development of a very low cost consumer scanner, Microvision is developing
models with even better ergonomics as well as higher performance devices.
Depending on the interest level of our business partners, we anticipate initial
production of commercial barcode scanning products in the second half of 2001."
"Our electronics design makes use of very inexpensive components that together
produce an extremely forgiving scanner response," said Bob Bogart, Manager for
Microvision`s newly-formed San Francisco Bay Area Development (BAD) Team. "This
allows a wide range of individuals with no scanning experience to pick up our
scanner and get immediate results. It`s important for consumers to have a device
that is intuitive and easy to use. People have to be able to pick up a device
and successfully scan within 15 seconds, or else they won`t use these devices. "
Rick Rutkowski, Microvision`s President and CEO added, "We envision that
consumers will use very small portable scanners as mobile input devices to
electronically read symbols in catalogs, magazines and all manner of printed
media.
"One of the key challenges for handheld computing devices is the difficulty of
inputting information into them. A PC or a notebook computer has a full-sized
keyboard, a screen and a mouse, but mobile devices have none of the above.
"Think about shopping from a catalog by reading links right off the page with
one of these devices. You will be able to activate links and perform web-based
transactions in the same way that you do using a mouse with your personal
computer: The pictures in the catalog take the place of the computer screen --
plus you can get better quality images in a fraction of the time -- and the
scanner takes the place of the mouse. In a sense, we bring e-commerce to a
context that is more familiar and natural than using a computer. You can look at
it as making the computer disappear."
A key aspect of Microvision`s strategy is to enable true portability. "For our
strategy to work, the user has to able to bring the scanner into the world with
them. It doesn`t make any sense for the user to scan items while tethered to
their computer, where you`ve already got a keyboard and a mouse. At best that
only saves a few keystrokes," explains, Wiklof. "While initial product plans
call for devices to `store-and-forward` links such that scanned symbols are
stored inside the device for later upload through a computer, Microvision
believes that the next step is for such input devices to be present in wireless
broadband products that perform real time transactions including bringing
electronic media content directly to the user."
About Microvision Imaging Solutions Group:
Microvision Imaging Solutions Group was formed earlier this year to develop new
applications and markets for the company`s proprietary scanning and imaging
technology, which was developed to support the real-time, high-resolution,
requirements of the company`s retinal scanning display technology. Focused on
establishing "total solutions" in the imaging space, the company believes that a
broad range of imaging applications in the business to business, business to
consumer and high-end medical and industrial markets can take advantage of the
high performance, miniature size and mass fabrication potential of the
underlying components and optical systems technology.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products.
----------
Ich kann nur jedem empfehlen, sich darüber mal Gedanken zu machen.
M_3
Latest News
--------------------------------------------------------------------------------
Microvision to Develop Microminiature Ultra-High Magnification CameraNovel `Scanning Microprobe` Will Deliver Images of Living Cells Deep Within the Human Body -- Oct 26 2000
BOTHELL, Wash., Oct 26, 2000 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), today announced that its Imaging Solutions Group will utilize
the company`s proprietary silicon micro-mirror technology to develop an
ultra-high resolution light-scanning camera, that aims to be significantly
smaller and many times more powerful than electronic cameras commonly used with
today`s diagnostic endoscopes. Initial phases of the work will be performed in
conjunction with researchers at Montana State University under a grant from the
National Science Foundation.
The microminiature camera works by scanning a beam of light across the subject
and then reading the reflected light through a small aperture as a series of
individual spots or "pixels." The pixels are then transferred through a thin
strand of optical fiber to a detector and instantly rebuilt into a complete
image by a computer. The advantage of this approach
-- referred to as confocal imaging -- is that it prevents stray light reflected
off the subject from blurring the image. As a result the light-scanning camera
can enable the delivery of very high-resolution, 3D images at ultra-high
magnification.
The development effort seeks to produce a microminiature confocal camera
-- approximately 2mm X 10mm -- that can be inserted into very small spaces to
transmit high-resolution, real time, three-dimensional images of objects at
extremely high magnification. This will enable physicians and researchers to
observe the structure of living cells inside their natural environment of the
human body.
Conventional confocal microscopes offer magnification and resolution that rival
electron microscopes, resolving objects less than 200 nanometers across, or
1/100th the width of a human hair. Because confocal devices use waves of light,
rather than electron beams, they can be used to view living cells, without
exposing them to damaging radiation or requiring costly and time-consuming
sample preparation. However, today`s confocal microscopes are expensive and
bulky laboratory devices that typically do not scan at fast enough rates to
provide "video-rate," or real-time image capture.
"Currently we have no way to effectively study the real living behavior of cells
in detail because we lack the advanced visualization tools to see them in their
natural environment," commented Dr. John Liddicoat, Cardiac Surgeon at Allegheny
General Hospital in Pittsburgh, PA. "The opportunities for real-time
visualization down at the cell level would be incredibly valuable. We could
realize a broad range of uses in medicine. For example, by applying this
technology, we may be able to accurately direct pharmacological and mechanical
interventions in such diverse fields as cardiology, pulmonolgy, oncology, and
transplantation, just to name a few. This type of visualization tool would be
enormously valuable."
Dr. David Dickensheets, an expert in MEMS technology, and principal investigator
for the project at Montana State University added, "We have noted unusual
in-vivo behavior of many bacterial colonies when conducting biological specimen
studies. However, in order to fully understand the mysterious behavior of these
bacterial colonies we need to view them in their natural state. Micro-miniature
imaging devices are required for this type of specialized viewing and we`re
excited to work with Microvision in this very exciting development project."
"These types of imagers have fundamental advantages not achievable with
conventional electronic cameras and we`ve already got a good jump on some key
intellectual property," says Chris Wiklof, Microvision`s Business Development
Manager for Imaging Solutions. "Confocal imaging techniques can be valuable in
any application where a combination of high resolution and very high
magnification are required. While it`s still very early in this project, we
believe that the enabling nature of this technology will continue to draw
interest from research sponsors and prospective commercialization partners who
see the potential for a significant business opportunity."
"The light-scanning microprobe is a great example of the powerful potential of
Microvision`s core technology," offered Microvision CEO Rick Rutkowski. "We`re
the best in the world at scanning a high-resolution beam of light at very fast
speeds. The development of the confocal microprobe is consistent with our
strategy of leveraging Microvision`s core microscanning technology and our core
competencies in the design and development of high-quality optical imaging
systems. It`s fundamentally the same technology that we use to scan light across
the retina to form a display."
In addition to scientific and medical applications, Microvision believes its
scanning confocal technology may find a significant application in machine
vision systems for microelectronics fabrication quality control, optical data
storage systems, and, for equipment used in the production of micro devices
themselves.
About Microvision Imaging Solutions Group:
Microvision`s Imaging Solutions Group was formed earlier this year to develop
new applications and markets for the company`s proprietary scanning and imaging
technology, which was developed to support the real-time, high-resolution,
requirements of the company`s retinal scanning display technology. Focused on
establishing "total solutions" in the imaging space, the company believes that a
broad range of imaging applications in the business to business, business to
consumer and high-end medical and industrial markets can take advantage of the
high performance, miniature size and mass fabrication potential of the
underlying components and optical systems technology.
--------------------------------------------------------------------------------
Microvision to Develop Microminiature Ultra-High Magnification CameraNovel `Scanning Microprobe` Will Deliver Images of Living Cells Deep Within the Human Body -- Oct 26 2000
BOTHELL, Wash., Oct 26, 2000 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), today announced that its Imaging Solutions Group will utilize
the company`s proprietary silicon micro-mirror technology to develop an
ultra-high resolution light-scanning camera, that aims to be significantly
smaller and many times more powerful than electronic cameras commonly used with
today`s diagnostic endoscopes. Initial phases of the work will be performed in
conjunction with researchers at Montana State University under a grant from the
National Science Foundation.
The microminiature camera works by scanning a beam of light across the subject
and then reading the reflected light through a small aperture as a series of
individual spots or "pixels." The pixels are then transferred through a thin
strand of optical fiber to a detector and instantly rebuilt into a complete
image by a computer. The advantage of this approach
-- referred to as confocal imaging -- is that it prevents stray light reflected
off the subject from blurring the image. As a result the light-scanning camera
can enable the delivery of very high-resolution, 3D images at ultra-high
magnification.
The development effort seeks to produce a microminiature confocal camera
-- approximately 2mm X 10mm -- that can be inserted into very small spaces to
transmit high-resolution, real time, three-dimensional images of objects at
extremely high magnification. This will enable physicians and researchers to
observe the structure of living cells inside their natural environment of the
human body.
Conventional confocal microscopes offer magnification and resolution that rival
electron microscopes, resolving objects less than 200 nanometers across, or
1/100th the width of a human hair. Because confocal devices use waves of light,
rather than electron beams, they can be used to view living cells, without
exposing them to damaging radiation or requiring costly and time-consuming
sample preparation. However, today`s confocal microscopes are expensive and
bulky laboratory devices that typically do not scan at fast enough rates to
provide "video-rate," or real-time image capture.
"Currently we have no way to effectively study the real living behavior of cells
in detail because we lack the advanced visualization tools to see them in their
natural environment," commented Dr. John Liddicoat, Cardiac Surgeon at Allegheny
General Hospital in Pittsburgh, PA. "The opportunities for real-time
visualization down at the cell level would be incredibly valuable. We could
realize a broad range of uses in medicine. For example, by applying this
technology, we may be able to accurately direct pharmacological and mechanical
interventions in such diverse fields as cardiology, pulmonolgy, oncology, and
transplantation, just to name a few. This type of visualization tool would be
enormously valuable."
Dr. David Dickensheets, an expert in MEMS technology, and principal investigator
for the project at Montana State University added, "We have noted unusual
in-vivo behavior of many bacterial colonies when conducting biological specimen
studies. However, in order to fully understand the mysterious behavior of these
bacterial colonies we need to view them in their natural state. Micro-miniature
imaging devices are required for this type of specialized viewing and we`re
excited to work with Microvision in this very exciting development project."
"These types of imagers have fundamental advantages not achievable with
conventional electronic cameras and we`ve already got a good jump on some key
intellectual property," says Chris Wiklof, Microvision`s Business Development
Manager for Imaging Solutions. "Confocal imaging techniques can be valuable in
any application where a combination of high resolution and very high
magnification are required. While it`s still very early in this project, we
believe that the enabling nature of this technology will continue to draw
interest from research sponsors and prospective commercialization partners who
see the potential for a significant business opportunity."
"The light-scanning microprobe is a great example of the powerful potential of
Microvision`s core technology," offered Microvision CEO Rick Rutkowski. "We`re
the best in the world at scanning a high-resolution beam of light at very fast
speeds. The development of the confocal microprobe is consistent with our
strategy of leveraging Microvision`s core microscanning technology and our core
competencies in the design and development of high-quality optical imaging
systems. It`s fundamentally the same technology that we use to scan light across
the retina to form a display."
In addition to scientific and medical applications, Microvision believes its
scanning confocal technology may find a significant application in machine
vision systems for microelectronics fabrication quality control, optical data
storage systems, and, for equipment used in the production of micro devices
themselves.
About Microvision Imaging Solutions Group:
Microvision`s Imaging Solutions Group was formed earlier this year to develop
new applications and markets for the company`s proprietary scanning and imaging
technology, which was developed to support the real-time, high-resolution,
requirements of the company`s retinal scanning display technology. Focused on
establishing "total solutions" in the imaging space, the company believes that a
broad range of imaging applications in the business to business, business to
consumer and high-end medical and industrial markets can take advantage of the
high performance, miniature size and mass fabrication potential of the
underlying components and optical systems technology.
Nun gibt es auch ein MVIS Research-Center bei myResearch.de:
http://www.myResearch.de/cgi-bin/myresearch.cgi?AC=1000&B=0&…
http://www.myResearch.de/cgi-bin/myresearch.cgi?AC=1000&B=0&…
nday October 30, 6:00 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Lumera to Provide Building Blocks for High Speed All-Optical Networks
Microvision Launches Subsidiary to Commercialize Groundbreaking Platform Technology for
High-Performance Fiber-Optic Components
BOTHELL, Wash., Oct. 30 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news) today announced the formal launch of a subsidiary company, Lumera
Corporation ( www.lumera.com ), that is engaged in the development of high-performance active and passive components for optical networks. The company`s
superior optical component technology is based on breakthrough work in proprietary electro-optic polymer materials conducted by the company and its research
partners at the University of Washington.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001030/HSM018LOGO )
Lumera`s polymer materials are uniquely engineered at the molecular level to enable active components, such as electro-optic modulators used in fiber-optic
transmission, that feature a combination of the fastest switching speeds with the lowest drive voltages and optical losses in the industry. The company is also applying
its innovative materials engineering to develop novel waveguide amplifiers, low-loss passive devices, ultra-fast photonic packet switches and a variety of integrated
devices featuring both planar (single layer) integration and unique multi-layer structures. The combination of high-bandwidth, low-voltage and integration is a key to
enabling the faster data rates, longer transmission distances and lower costs sought after by network systems providers and network operators, as they roll out the
new generation of all-optical networks to meet explosive demand for communications bandwidth.
According to industry analysts the market for fiber-optic components is expected to show dramatic growth from $5.5 billion today to nearly $23 billion by 2003 and
to $150 billion by 2005.
``There are four predominant themes in the component marketplace right now,`` said Todd McIntyre, Lumera Vice President for business development. ``Faster
speed, more integration, smaller size and lower cost. Lumera has a disruptive technology that can deliver substantial gains in all of these areas. The improved signal
quality and unique gain features offered by our planned products are also important to the industry`s objectives of greater transmission distances and all-optical signal
processing.``
``While several companies provide optical components today, they`re all based on the same basic materials so none of them really has a fundamental advantage,``
said Microvision`s President and CEO, Rick Rutkowski. ``Lumera has established a leadership position with a proprietary platform technology that will enable
components and systems that are not only superior but are also competitively unique. We believe these advantages place the company in an excellent competitive
position.``
Prototype devices based on materials developed by Lumera`s research team have already achieved record-setting bandwidth (in excess of 100 GHz) and operating
voltages (below 1 volt) in demonstrations at commercial and government research labs. Lumera expects to make prototype devices available to customers for testing
during 2001 with commercial production scheduled to begin during 2002.
The company will market its unique high performance optical components to optical systems providers who are moving aggressively to gain a competitive edge in the
emerging market for 40 gigabit per second (Gbps) transmission over multi-channel (WDM and DWDM) optical networks. Devices currently available in the market
are based on older lithium niobate or gallium arsenide materials technology and have difficulty achieving the required data rates without requiring prohibitively high
operating voltages. Current materials are also not well suited to higher levels of device integration.
``40 gigabit transmission is quickly becoming the sweet spot in the market,`` McIntyre added. ``10 gigabit systems have been central in establishing the competitive
landscape in the systems business over last several years. Having grown tenfold in just two years, the market for 10 gigabit modulators has already surpassed the 2.5
gigabit market. All of the major players are now looking to get a leg up on 40 gigabit systems, and Lumera has the best way to deliver the right combination of
performance and cost. We intend to be the first company to successfully commercialize polymer-based electro-optic devices, and we think our leadership in
materials will keep us way out in front.``
Lumera is completing the first phase of a contract with the U.S. Air Force to support development of a very innovative phased-array antenna system. The materials
developed by the company`s researchers and partners have also been used to demonstrate ultra-stable tunable oscillators, ultra-fast analog to digital conversion and
other powerful effects that are the basic building blocks for all manner of microphotonic signal processors.``
``The shift from electronics to photonics is just getting started,`` offered Lumera`s Chairman Bill Owens. ``This is a company with lots of opportunities. It`s a company
that is in the right place, at the right time, with the right technology.``
Lumera has obtained an exclusive worldwide license from the University of Washington (UW) to key intellectual property based on the highly publicized
developments by UW professors Dr. Larry Dalton and Dr. Bruce Robinson. Dalton and Robinson are widely acknowledged as being world leaders in the
development of electro-optic materials development. James Grote, an electrical engineer with the Air Force Research Laboratory at Wright Patterson Air Force
Base, says the work of Dalton and his coworkers is a major milestone. No one else in the world has come close to what they have achieved.
The company has also entered into an agreement to sponsor ongoing materials research at the UW under Dr. Dalton`s technical leadership. Under the agreement, the
university owns an equity position in Lumera and will hold a seat on the company`s board of directors.
Lumera will operate independently as a subsidiary of Microvision, with a separate management team reporting to Lumera`s own board of directors. The subsidiary
company expects to complete a private round of financing during the current quarter. Microvision currently owns more than 75% of Lumera`s outstanding stock.
Other shareholders include the UW, Dr. Dalton and Dr. Robinson and a small group of founding shareholders including members of Lumera`s board of directors.
Microvision will host an Internet presentation and telephone conference call today at 8:00 am PT. The presentation can be accessed via the web at www.vcall.com
(enter ticker symbol MVIS). The conference call can be accessed via phone at 913-981-4903 (enter code 552730).
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented Retinal Scanning Display technology and a world leader in micro miniature
optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial,
professional and consumer information products.
Forward-Looking Statements
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-K and Quarterly Reports on Form 10-Q, as filed with the
Securities and Exchange Commission.
SOURCE: Microvision, Inc.
Press Release
SOURCE: Microvision, Inc.
Lumera to Provide Building Blocks for High Speed All-Optical Networks
Microvision Launches Subsidiary to Commercialize Groundbreaking Platform Technology for
High-Performance Fiber-Optic Components
BOTHELL, Wash., Oct. 30 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news) today announced the formal launch of a subsidiary company, Lumera
Corporation ( www.lumera.com ), that is engaged in the development of high-performance active and passive components for optical networks. The company`s
superior optical component technology is based on breakthrough work in proprietary electro-optic polymer materials conducted by the company and its research
partners at the University of Washington.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001030/HSM018LOGO )
Lumera`s polymer materials are uniquely engineered at the molecular level to enable active components, such as electro-optic modulators used in fiber-optic
transmission, that feature a combination of the fastest switching speeds with the lowest drive voltages and optical losses in the industry. The company is also applying
its innovative materials engineering to develop novel waveguide amplifiers, low-loss passive devices, ultra-fast photonic packet switches and a variety of integrated
devices featuring both planar (single layer) integration and unique multi-layer structures. The combination of high-bandwidth, low-voltage and integration is a key to
enabling the faster data rates, longer transmission distances and lower costs sought after by network systems providers and network operators, as they roll out the
new generation of all-optical networks to meet explosive demand for communications bandwidth.
According to industry analysts the market for fiber-optic components is expected to show dramatic growth from $5.5 billion today to nearly $23 billion by 2003 and
to $150 billion by 2005.
``There are four predominant themes in the component marketplace right now,`` said Todd McIntyre, Lumera Vice President for business development. ``Faster
speed, more integration, smaller size and lower cost. Lumera has a disruptive technology that can deliver substantial gains in all of these areas. The improved signal
quality and unique gain features offered by our planned products are also important to the industry`s objectives of greater transmission distances and all-optical signal
processing.``
``While several companies provide optical components today, they`re all based on the same basic materials so none of them really has a fundamental advantage,``
said Microvision`s President and CEO, Rick Rutkowski. ``Lumera has established a leadership position with a proprietary platform technology that will enable
components and systems that are not only superior but are also competitively unique. We believe these advantages place the company in an excellent competitive
position.``
Prototype devices based on materials developed by Lumera`s research team have already achieved record-setting bandwidth (in excess of 100 GHz) and operating
voltages (below 1 volt) in demonstrations at commercial and government research labs. Lumera expects to make prototype devices available to customers for testing
during 2001 with commercial production scheduled to begin during 2002.
The company will market its unique high performance optical components to optical systems providers who are moving aggressively to gain a competitive edge in the
emerging market for 40 gigabit per second (Gbps) transmission over multi-channel (WDM and DWDM) optical networks. Devices currently available in the market
are based on older lithium niobate or gallium arsenide materials technology and have difficulty achieving the required data rates without requiring prohibitively high
operating voltages. Current materials are also not well suited to higher levels of device integration.
``40 gigabit transmission is quickly becoming the sweet spot in the market,`` McIntyre added. ``10 gigabit systems have been central in establishing the competitive
landscape in the systems business over last several years. Having grown tenfold in just two years, the market for 10 gigabit modulators has already surpassed the 2.5
gigabit market. All of the major players are now looking to get a leg up on 40 gigabit systems, and Lumera has the best way to deliver the right combination of
performance and cost. We intend to be the first company to successfully commercialize polymer-based electro-optic devices, and we think our leadership in
materials will keep us way out in front.``
Lumera is completing the first phase of a contract with the U.S. Air Force to support development of a very innovative phased-array antenna system. The materials
developed by the company`s researchers and partners have also been used to demonstrate ultra-stable tunable oscillators, ultra-fast analog to digital conversion and
other powerful effects that are the basic building blocks for all manner of microphotonic signal processors.``
``The shift from electronics to photonics is just getting started,`` offered Lumera`s Chairman Bill Owens. ``This is a company with lots of opportunities. It`s a company
that is in the right place, at the right time, with the right technology.``
Lumera has obtained an exclusive worldwide license from the University of Washington (UW) to key intellectual property based on the highly publicized
developments by UW professors Dr. Larry Dalton and Dr. Bruce Robinson. Dalton and Robinson are widely acknowledged as being world leaders in the
development of electro-optic materials development. James Grote, an electrical engineer with the Air Force Research Laboratory at Wright Patterson Air Force
Base, says the work of Dalton and his coworkers is a major milestone. No one else in the world has come close to what they have achieved.
The company has also entered into an agreement to sponsor ongoing materials research at the UW under Dr. Dalton`s technical leadership. Under the agreement, the
university owns an equity position in Lumera and will hold a seat on the company`s board of directors.
Lumera will operate independently as a subsidiary of Microvision, with a separate management team reporting to Lumera`s own board of directors. The subsidiary
company expects to complete a private round of financing during the current quarter. Microvision currently owns more than 75% of Lumera`s outstanding stock.
Other shareholders include the UW, Dr. Dalton and Dr. Robinson and a small group of founding shareholders including members of Lumera`s board of directors.
Microvision will host an Internet presentation and telephone conference call today at 8:00 am PT. The presentation can be accessed via the web at www.vcall.com
(enter ticker symbol MVIS). The conference call can be accessed via phone at 913-981-4903 (enter code 552730).
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented Retinal Scanning Display technology and a world leader in micro miniature
optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial,
professional and consumer information products.
Forward-Looking Statements
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-K and Quarterly Reports on Form 10-Q, as filed with the
Securities and Exchange Commission.
SOURCE: Microvision, Inc.
Microvision, Inc. (Nasdaq: MVIS) will broadcast its quarterly results conference
call on Thursday, November 2, 2000 at 11:00 AM Eastern. This call can be
accessed at http://www.vcall.com/NASApp/VCall/EventPage?ID=49780." target="_blank" rel="nofollow ugc noopener">http://www.vcall.com/NASApp/VCall/EventPage?ID=49780.
Latest News
Microvision Reports Third Quarter ResultsCompany Launches Marketing Program and Receives
First Product Order for Nomad -- 5:59 AM EDT
BOTHELL, Wash., Nov 2, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the third quarter and nine months
ended September 30, 2000.
Quarterly Results
For the third quarter 2000, the Company reported a net loss available for common
shareholders of $7.7 million or $.65 per share compared to a net loss available
for common shareholders of $3.9 million or $.41 per share for the third quarter
1999. For the nine months, the Company reported a net loss available for common
shareholders of $19.7 million or $1.75 per share compared to net loss available
for common shareholders of $12.3 million or $1.62 per share for the same period
in 1999. Revenues increased by $500,000 in the third quarter 2000 to $2.0
million from $1.5 million in the third quarter 1999. For the nine months ended
September 30, 2000 revenues were $5.3 million compared with $5.2 million in the
same period of 1999.
"This quarter marks the achievement of a number of significant corporate
milestones," stated Rick Rutkowski, Microvision President and CEO. "To support
the commercialization goals for our technology, we continued to invest in
research and product development and are pleased with the excellent progress and
achievement of goals we saw in the quarter. Notable during the quarter was the
company`s expanded marketing activity. We launched a marketing program for the
Nomad wearable display system and received our first order for the Nomad display
from Telesensory. And, Microvision created a marketing partnership with Command
Technology Incorporated to market the Nomad display into the maintenance, repair
and overhaul (MRO) market.
"Microvision continues to derive revenue and gross margin contribution
principally from development contracts awarded by the United States government,"
continued Rutkowski. "We were pleased during the quarter to report a $600,000
increase to our contract with the U.S. Army to bring the contract total to $8.4
million. The $500,000 increase in revenues for the quarter was due to our
ongoing contract development work, and we ended the quarter with a $7.3 million
backlog in contract development and product shipment commitments.
"We continue to increase our investment in research and development in pursuit
of developing both high-end commercial and mass-market consumer versions of the
retinal scanning display technology. R&D expenses increased by $2.5 million for
the three months and $7.3 million for the nine months ended September 30, 2000.
This increased investment is consistent with the company`s strategy to
aggressively pursue opportunities in multiple high growth markets. Specific
application of these resources included our preparation for the introduction of
Nomad, the continued acceleration of our activities in consumer-targeted
micro-display solutions and bar-code scanning systems as well as the development
of facilities and personnel for Lumera.
"Earlier this week we announced the launch of a majority-owned subsidiary,
Lumera Corporation. Lumera`s focus is on the development and commercialization
of optical component devices based on proprietary electro-optic polymer
materials. The company expects its components to deliver unprecedented levels of
bandwidth with lower operating voltages than current technology, while also
creating the potential for integrated optical systems on a chip. We believe that
Lumera`s unique technology will provide strategically important building blocks
for high-speed optical networks. Research and development expenses related
directly to Lumera were approximately $530,000 or $0.05 per share during the
three months ended September 30, 2000.
"During our last conference call, we discussed the Imaging Solutions Group`s
plans to develop bar code scan engines using Microvision`s proprietary
technology. This same imaging expertise has allowed us to begin development of
an ultra-high resolution light-scanning camera with a research team at the
University of Montana. The microminiature camera works by scanning a beam of
light across the subject and then reading the reflected light through a small
aperture as a series of individual spots or pixels. This technology aims to be
significantly smaller and many times more powerful than electronic cameras
commonly used with today`s diagnostic endoscopes.
"Subsequent to the end of the quarter, the Cleveland Clinic initiated a
relationship to assist with evaluation of our technology in a clinical for
future applications in computer-assisted surgery. The initial commitment was
approximately $600,000, which will support our efforts to conduct field tests of
prototype display systems with strategic partners.
"Partnerships continue to be a significant part of our strategic plan. In August
we formed a co-marketing and business development relationship with Command
Technology, Inc. This alliance will focus on providing mutual customers with an
advanced mobile computing, visualization, and interactive information delivery
system for maintenance, repair and overhaul of complex systems in commercial and
defense industries.
"We also entered into a multi-year consulting agreement with Avram Miller, a
recognized leader in business and strategy development. Mr. Miller is working
with Microvision in the development of business relationships and partnering
strategies aimed at broadly commercializing next-generation retinal scanning
display technology for applications in next-generation mobile Internet devices,"
concluded Rutkowski.
Investors will have the opportunity to listen to Microvision`s conference call
regarding Third Quarter 2000 Earnings at 8:00 am PT over the Internet through
Investor Broadcast Networks` Vcall website, located at http://www.vcall.com. To
listen to the live call, please go to the web site at least fifteen minutes
early to register, download, and install any necessary audio software. For those
who cannot listen to the live broadcast, a replay will be available on the Vcall
site shortly after the call.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com.
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the
development of electro-optic devices based on proprietary optical polymers. The
company will deliver superior and unique component solutions to optical systems
suppliers. Lumera will supply standard and custom components to systems
providers in multiple high-growth product categories. Additional information can
be found at the company`s Web site at http://www.lumera.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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
Microvision, Inc.
Consolidated Statement of Operations
Three months ended Nine months ended
September 30, September 30,
2000 1999 2000 1999
(unaudited) (unaudited)
Contract revenue $1,970,500 $1,465,700 $5,256,000 $5,160,200
Cost of revenue 1,716,900 492,000 4,068,300 3,741,100
Gross margin 253,600 973,700 1,187,700 1,419,100
Research and
development expense 5,732,000 3,180,900 13,851,200 6,632,300
Marketing, general and
administrative expense 2,671,700 1,398,400 8,010,200 5,528,200
Non-cash
compensation expense 481,400 81,500 1,151,000 208,400
Total
operating expenses 8,885,100 4,660,800 23,012,400 12,368,900
Loss from operations (8,631,500) (3,687,100)(21,824,700) (10,949,800)
Interest income 973,100 448,200 2,268,800 637,100
Interest expense (24,500) (24,100) (132,600) (131,000)
Net loss (7,682,900) (3,263,000)(19,688,500) (10,443,700)
Less: Preferred dividend -- -- -- (73,400)
Noncash beneficial
conversion feature
of Series B
Preferred Stock -- (606,300) -- (1,754,300)
Net loss available
for common
shareholders $(7,682,900) $(3,869,300)$(19,688,500)$(12,271,400)
Net loss per share
available for
common shareholders
before non-cash
compensation expense $(0.61) $(0.40) $(1.65) $(1.59)
Non-cash
compensation expense (0.04) (0.01) (0.10) (0.03)
Net loss per share
available for
common shareholders
- basic and diluted $(0.65) $(0.41) $(1.75) $(1.62)
Weighted-average
shares outstanding
- basic and diluted 11,827,700 9,535,800 11,275,900 7,576,200
Microvision, Inc.
Consolidated Balance Sheet
September 30, December 31,
2000 1999
(unaudited)
Assets
Current Assets
Cash and cash equivalents $16,061,200 $2,798,000
Investment securities
available-for-sale 33,078,800 29,369,400
Accounts receivable, net 509,400 1,024,500
Costs and estimated earnings
in excess of billings on
uncompleted contracts 1,734,900 2,000,400
Current restricted investments 2,250,000 650,000
Other current assets 827,800 847,700
Total current assets 54,462,100 36,690,000
Long-term investment, at cost 623,600 623,600
Property and equipment, net 6,287,000 3,054,700
Restricted investments 951,000 1,100,000
Receivables from related parties 400,000 --
Other assets 101,400 150,700
Total assets $62,825,100 $41,619,000
Liabilities, Mandatorily Redeemable Convertible Preferred Stock And
Shareholders` Equity
Current Liabilities
Accounts payable $1,396,100 $1,453,100
Accrued liabilities 3,786,500 2,000,100
Allowance for estimated contract losses 437,000 --
Billings in excess of costs
and estimated earnings
on uncompleted contracts 160,400 167,000
Current portion of
capital lease obligations 363,900 220,800
Current portion of long-term debt 50,600 46,900
Total current liabilities 6,194,500 3,887,900
Capital lease obligations,
net of current portion 282,900 279,400
Long-term debt, net of current portion 303,100 341,500
Deferred rent, net of current portion 238,000 214,800
Total liabilities 7,018,500 4,723,600
Commitments and contingencies -- --
Mandatorily redeemable convertible preferred stock -- 1,536,000
Shareholders` Equity
Common stock 122,826,500 75,518,300
Deferred compensation (7,407,000) (213,100)
Subscriptions receivable
from related parties (573,200) (349,100)
Accumulated other
comprehensive gain (loss) 184,900 (60,600)
Accumulated deficit (59,224,600) (39,536,100)
Total shareholders` equity 55,806,600 35,359,400
Liabilities, mandatorily
redeemable convertible
preferred stock and
shareholders` equity $62,825,100 $41,619,000
SOURCE Microvision, Inc.
CONTACT: press, Matt Nichols, 425-415-6657, or mattn@mvis.com, or
investors, Holly Ash, Investor Relations, 425-415-6794, or hollya@mvis.com
URL: http://www.mvis.com
http://www.prnewswire.com
(C) 2000 PR Newswire. All rights reserved.
KEYWORD: Washington
INDUSTRY KEYWORD: CPR
MTC
SUBJECT CODE: ERN
call on Thursday, November 2, 2000 at 11:00 AM Eastern. This call can be
accessed at http://www.vcall.com/NASApp/VCall/EventPage?ID=49780." target="_blank" rel="nofollow ugc noopener">http://www.vcall.com/NASApp/VCall/EventPage?ID=49780.
Latest News
Microvision Reports Third Quarter ResultsCompany Launches Marketing Program and Receives
First Product Order for Nomad -- 5:59 AM EDT
BOTHELL, Wash., Nov 2, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the third quarter and nine months
ended September 30, 2000.
Quarterly Results
For the third quarter 2000, the Company reported a net loss available for common
shareholders of $7.7 million or $.65 per share compared to a net loss available
for common shareholders of $3.9 million or $.41 per share for the third quarter
1999. For the nine months, the Company reported a net loss available for common
shareholders of $19.7 million or $1.75 per share compared to net loss available
for common shareholders of $12.3 million or $1.62 per share for the same period
in 1999. Revenues increased by $500,000 in the third quarter 2000 to $2.0
million from $1.5 million in the third quarter 1999. For the nine months ended
September 30, 2000 revenues were $5.3 million compared with $5.2 million in the
same period of 1999.
"This quarter marks the achievement of a number of significant corporate
milestones," stated Rick Rutkowski, Microvision President and CEO. "To support
the commercialization goals for our technology, we continued to invest in
research and product development and are pleased with the excellent progress and
achievement of goals we saw in the quarter. Notable during the quarter was the
company`s expanded marketing activity. We launched a marketing program for the
Nomad wearable display system and received our first order for the Nomad display
from Telesensory. And, Microvision created a marketing partnership with Command
Technology Incorporated to market the Nomad display into the maintenance, repair
and overhaul (MRO) market.
"Microvision continues to derive revenue and gross margin contribution
principally from development contracts awarded by the United States government,"
continued Rutkowski. "We were pleased during the quarter to report a $600,000
increase to our contract with the U.S. Army to bring the contract total to $8.4
million. The $500,000 increase in revenues for the quarter was due to our
ongoing contract development work, and we ended the quarter with a $7.3 million
backlog in contract development and product shipment commitments.
"We continue to increase our investment in research and development in pursuit
of developing both high-end commercial and mass-market consumer versions of the
retinal scanning display technology. R&D expenses increased by $2.5 million for
the three months and $7.3 million for the nine months ended September 30, 2000.
This increased investment is consistent with the company`s strategy to
aggressively pursue opportunities in multiple high growth markets. Specific
application of these resources included our preparation for the introduction of
Nomad, the continued acceleration of our activities in consumer-targeted
micro-display solutions and bar-code scanning systems as well as the development
of facilities and personnel for Lumera.
"Earlier this week we announced the launch of a majority-owned subsidiary,
Lumera Corporation. Lumera`s focus is on the development and commercialization
of optical component devices based on proprietary electro-optic polymer
materials. The company expects its components to deliver unprecedented levels of
bandwidth with lower operating voltages than current technology, while also
creating the potential for integrated optical systems on a chip. We believe that
Lumera`s unique technology will provide strategically important building blocks
for high-speed optical networks. Research and development expenses related
directly to Lumera were approximately $530,000 or $0.05 per share during the
three months ended September 30, 2000.
"During our last conference call, we discussed the Imaging Solutions Group`s
plans to develop bar code scan engines using Microvision`s proprietary
technology. This same imaging expertise has allowed us to begin development of
an ultra-high resolution light-scanning camera with a research team at the
University of Montana. The microminiature camera works by scanning a beam of
light across the subject and then reading the reflected light through a small
aperture as a series of individual spots or pixels. This technology aims to be
significantly smaller and many times more powerful than electronic cameras
commonly used with today`s diagnostic endoscopes.
"Subsequent to the end of the quarter, the Cleveland Clinic initiated a
relationship to assist with evaluation of our technology in a clinical for
future applications in computer-assisted surgery. The initial commitment was
approximately $600,000, which will support our efforts to conduct field tests of
prototype display systems with strategic partners.
"Partnerships continue to be a significant part of our strategic plan. In August
we formed a co-marketing and business development relationship with Command
Technology, Inc. This alliance will focus on providing mutual customers with an
advanced mobile computing, visualization, and interactive information delivery
system for maintenance, repair and overhaul of complex systems in commercial and
defense industries.
"We also entered into a multi-year consulting agreement with Avram Miller, a
recognized leader in business and strategy development. Mr. Miller is working
with Microvision in the development of business relationships and partnering
strategies aimed at broadly commercializing next-generation retinal scanning
display technology for applications in next-generation mobile Internet devices,"
concluded Rutkowski.
Investors will have the opportunity to listen to Microvision`s conference call
regarding Third Quarter 2000 Earnings at 8:00 am PT over the Internet through
Investor Broadcast Networks` Vcall website, located at http://www.vcall.com. To
listen to the live call, please go to the web site at least fifteen minutes
early to register, download, and install any necessary audio software. For those
who cannot listen to the live broadcast, a replay will be available on the Vcall
site shortly after the call.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com.
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the
development of electro-optic devices based on proprietary optical polymers. The
company will deliver superior and unique component solutions to optical systems
suppliers. Lumera will supply standard and custom components to systems
providers in multiple high-growth product categories. Additional information can
be found at the company`s Web site at http://www.lumera.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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
Microvision, Inc.
Consolidated Statement of Operations
Three months ended Nine months ended
September 30, September 30,
2000 1999 2000 1999
(unaudited) (unaudited)
Contract revenue $1,970,500 $1,465,700 $5,256,000 $5,160,200
Cost of revenue 1,716,900 492,000 4,068,300 3,741,100
Gross margin 253,600 973,700 1,187,700 1,419,100
Research and
development expense 5,732,000 3,180,900 13,851,200 6,632,300
Marketing, general and
administrative expense 2,671,700 1,398,400 8,010,200 5,528,200
Non-cash
compensation expense 481,400 81,500 1,151,000 208,400
Total
operating expenses 8,885,100 4,660,800 23,012,400 12,368,900
Loss from operations (8,631,500) (3,687,100)(21,824,700) (10,949,800)
Interest income 973,100 448,200 2,268,800 637,100
Interest expense (24,500) (24,100) (132,600) (131,000)
Net loss (7,682,900) (3,263,000)(19,688,500) (10,443,700)
Less: Preferred dividend -- -- -- (73,400)
Noncash beneficial
conversion feature
of Series B
Preferred Stock -- (606,300) -- (1,754,300)
Net loss available
for common
shareholders $(7,682,900) $(3,869,300)$(19,688,500)$(12,271,400)
Net loss per share
available for
common shareholders
before non-cash
compensation expense $(0.61) $(0.40) $(1.65) $(1.59)
Non-cash
compensation expense (0.04) (0.01) (0.10) (0.03)
Net loss per share
available for
common shareholders
- basic and diluted $(0.65) $(0.41) $(1.75) $(1.62)
Weighted-average
shares outstanding
- basic and diluted 11,827,700 9,535,800 11,275,900 7,576,200
Microvision, Inc.
Consolidated Balance Sheet
September 30, December 31,
2000 1999
(unaudited)
Assets
Current Assets
Cash and cash equivalents $16,061,200 $2,798,000
Investment securities
available-for-sale 33,078,800 29,369,400
Accounts receivable, net 509,400 1,024,500
Costs and estimated earnings
in excess of billings on
uncompleted contracts 1,734,900 2,000,400
Current restricted investments 2,250,000 650,000
Other current assets 827,800 847,700
Total current assets 54,462,100 36,690,000
Long-term investment, at cost 623,600 623,600
Property and equipment, net 6,287,000 3,054,700
Restricted investments 951,000 1,100,000
Receivables from related parties 400,000 --
Other assets 101,400 150,700
Total assets $62,825,100 $41,619,000
Liabilities, Mandatorily Redeemable Convertible Preferred Stock And
Shareholders` Equity
Current Liabilities
Accounts payable $1,396,100 $1,453,100
Accrued liabilities 3,786,500 2,000,100
Allowance for estimated contract losses 437,000 --
Billings in excess of costs
and estimated earnings
on uncompleted contracts 160,400 167,000
Current portion of
capital lease obligations 363,900 220,800
Current portion of long-term debt 50,600 46,900
Total current liabilities 6,194,500 3,887,900
Capital lease obligations,
net of current portion 282,900 279,400
Long-term debt, net of current portion 303,100 341,500
Deferred rent, net of current portion 238,000 214,800
Total liabilities 7,018,500 4,723,600
Commitments and contingencies -- --
Mandatorily redeemable convertible preferred stock -- 1,536,000
Shareholders` Equity
Common stock 122,826,500 75,518,300
Deferred compensation (7,407,000) (213,100)
Subscriptions receivable
from related parties (573,200) (349,100)
Accumulated other
comprehensive gain (loss) 184,900 (60,600)
Accumulated deficit (59,224,600) (39,536,100)
Total shareholders` equity 55,806,600 35,359,400
Liabilities, mandatorily
redeemable convertible
preferred stock and
shareholders` equity $62,825,100 $41,619,000
SOURCE Microvision, Inc.
CONTACT: press, Matt Nichols, 425-415-6657, or mattn@mvis.com, or
investors, Holly Ash, Investor Relations, 425-415-6794, or hollya@mvis.com
URL: http://www.mvis.com
http://www.prnewswire.com
(C) 2000 PR Newswire. All rights reserved.
KEYWORD: Washington
INDUSTRY KEYWORD: CPR
MTC
SUBJECT CODE: ERN
--------------------------------------------------------------------------------
Microvision Beats Lowered Estimates -- Nov 3 2000
New York, (123Jump via COMTEX) -- Microvision Inc. (MVIS) announced Thursday a
net lo of $7.7 million, or 65 cents per share for the third quarter ended Sept.
30, 2000, compared to a net lo of $3.9 million, or 41 cents per share for the
year-ago quarter.
The company beat earnings estimates of 55 cents per share and reported 65 cents
per share earnings.
Microvision develops retinal scanning display technology. It is the world leader
in micro miniature optical scanning technology, which has application in a wide
range of information products.
Top competitors are Motorola (MOT) and Sony (SONYF).
During the last quarter, Microvision expanded its marketing activity. It
received the first product order for the Nomad wearable display system from
Telesensory(TLSN).
Revenues rose 25% to $2 million, up from the $1.5 million reported in the
year-ago third quarter. The company`s revenue increased as a result of its
contract development work with the U.S. government.
Research and development expenses increased by $2.5 million for the three months
and $7.3 million for the nine months ended September 30, 2000. R&D expenses for
the third quarter of 1999 were $3.19 million.
For the nine months ended Sept. 30, the company posted a net lo of $19.7
million, or $1.75 per share, compared to a net lo of $12.3 million or $1.62 per
share for the same period in 1999.
Earlier this week Microvision announced the launch of Lumera. As a subsidiary,
Lumera will deliver superior and unique component solutions to optical systems
suppliers.
Shares closed up 2 15/16 at 36 3/4 in yesterday`s regular trading.
Microvision Beats Lowered Estimates -- Nov 3 2000
New York, (123Jump via COMTEX) -- Microvision Inc. (MVIS) announced Thursday a
net lo of $7.7 million, or 65 cents per share for the third quarter ended Sept.
30, 2000, compared to a net lo of $3.9 million, or 41 cents per share for the
year-ago quarter.
The company beat earnings estimates of 55 cents per share and reported 65 cents
per share earnings.
Microvision develops retinal scanning display technology. It is the world leader
in micro miniature optical scanning technology, which has application in a wide
range of information products.
Top competitors are Motorola (MOT) and Sony (SONYF).
During the last quarter, Microvision expanded its marketing activity. It
received the first product order for the Nomad wearable display system from
Telesensory(TLSN).
Revenues rose 25% to $2 million, up from the $1.5 million reported in the
year-ago third quarter. The company`s revenue increased as a result of its
contract development work with the U.S. government.
Research and development expenses increased by $2.5 million for the three months
and $7.3 million for the nine months ended September 30, 2000. R&D expenses for
the third quarter of 1999 were $3.19 million.
For the nine months ended Sept. 30, the company posted a net lo of $19.7
million, or $1.75 per share, compared to a net lo of $12.3 million or $1.62 per
share for the same period in 1999.
Earlier this week Microvision announced the launch of Lumera. As a subsidiary,
Lumera will deliver superior and unique component solutions to optical systems
suppliers.
Shares closed up 2 15/16 at 36 3/4 in yesterday`s regular trading.
Exclusive Reports
From the November 10, 2000 print edition
Microvision`s spinoff company says cha-chinggg
$25 million round will close by month`s end
Jeff Meisner EBJ Staff Reporter
Lumera Corp., a brand new fiber-optics company spun out of Microvision Inc., will close a $25 million round of venture capital by the end of the month.
The Bothell company`s first round of capital is slated for further development of its fiber-optic components, which enhance the speed and volume at which data
is transferred through telecommunications networks.
Lumera, which is 75 percent owned by Bothell-based Microvision Inc., was spun out of the larger Nasdaq-traded company in late October.
If and when Lumera secures its first round of funding, it will join a slew of other fiber-optic component makers that have closed large rounds of venture
capital.
Analysts and venture capitalists say the small 12-employee firm is in an increasingly crowded space, and one which has shown a great deal of volatility in the
public markets.
A shakeout in the still-nascent industry is forthcoming, investors and researchers say. They hesitate, however, to equate such a shakeout with the one seen in
the e-commerce sector earlier in the year.
Lumera officials remain confident in the face of some stiff competition.
The first round of venture capital will come from a syndicate of corporate and venture investors and key industry insiders, said Todd McIntyre, vice president
of the Bothell startup.
Some of that money will pay for a management team for the young company. Right now, McIntyre runs the entire show.
By the first quarter of 2001, McIntyre expects Lumera to have 40 employees, with another 80 on board by the end of next year.
Lumera`s fiber-optic components are in the prototype stage now, he said, and the firm expects to test them with a few major customers by the second quarter
of 2001.
The fiber-optics business is a capital-intensive one - luckily for companies like Lumera, venture capitalists have aggressively sought out such deals.
The venture funding continues in spite of a correction in fiber-optics stocks on the public markets.
When Canada-based industry leader Nortel Networks Corp.`s earnings announcements fell short of Wall Street expectations last week, fiber stocks such as
JDS Uniphase and Corning took a 25 percent hit, although most have recovered their losses since then.
The beating fiber stocks took is an indication of the segment`s volatility, said Patrick Ennis, a venture capitalist with Seattle-based Arch Venture Partners.
"Short-term, yes, I think the Street overreacted, because the fundamentals of the fiber-optics business are still good," Ennis said. "People are just a little
nervous because the valuations have climbed so high so fast."
A high-profile venture capitalist with Silicon Valley-based Kleiner Perkins Caufield & Byers, Vinod Khosla, has publicly predicted 90 percent of the
fiber-optics startups will fail.
Ennis and Yankee Group analyst Jay Patel say a shakeout will occur, but not of the magnitude Khosla has predicted.
"The field is pretty crowded," Patel said. "It`s really just the first inning in this whole game. I do expect (a shakeout), but not a bad one."
The fiber-optics shakeout won`t reach the same scale as the one that has rocked e-commerce because the space can only get so crowded, Patel said.
"There are a lot of barriers to entry," he said. "Fiber-optics, unlike e-commerce, requires very extensive technical know-how, and these companies take a
longer time to get to market. Most of these optical companies are private, too, so the shakeout won`t be as visible as the e-commerce one that shook the public
markets earlier this year."
McIntyre is bullish on Lumera`s chances of success, in spite of the volatility of fiber stocks.
"We hope to get to full production by 2002," he said.
McIntyre is mum on who Lumera counts as customers now, except for a contract the company has with the U.S. Air Force.
From the November 10, 2000 print edition
Microvision`s spinoff company says cha-chinggg
$25 million round will close by month`s end
Jeff Meisner EBJ Staff Reporter
Lumera Corp., a brand new fiber-optics company spun out of Microvision Inc., will close a $25 million round of venture capital by the end of the month.
The Bothell company`s first round of capital is slated for further development of its fiber-optic components, which enhance the speed and volume at which data
is transferred through telecommunications networks.
Lumera, which is 75 percent owned by Bothell-based Microvision Inc., was spun out of the larger Nasdaq-traded company in late October.
If and when Lumera secures its first round of funding, it will join a slew of other fiber-optic component makers that have closed large rounds of venture
capital.
Analysts and venture capitalists say the small 12-employee firm is in an increasingly crowded space, and one which has shown a great deal of volatility in the
public markets.
A shakeout in the still-nascent industry is forthcoming, investors and researchers say. They hesitate, however, to equate such a shakeout with the one seen in
the e-commerce sector earlier in the year.
Lumera officials remain confident in the face of some stiff competition.
The first round of venture capital will come from a syndicate of corporate and venture investors and key industry insiders, said Todd McIntyre, vice president
of the Bothell startup.
Some of that money will pay for a management team for the young company. Right now, McIntyre runs the entire show.
By the first quarter of 2001, McIntyre expects Lumera to have 40 employees, with another 80 on board by the end of next year.
Lumera`s fiber-optic components are in the prototype stage now, he said, and the firm expects to test them with a few major customers by the second quarter
of 2001.
The fiber-optics business is a capital-intensive one - luckily for companies like Lumera, venture capitalists have aggressively sought out such deals.
The venture funding continues in spite of a correction in fiber-optics stocks on the public markets.
When Canada-based industry leader Nortel Networks Corp.`s earnings announcements fell short of Wall Street expectations last week, fiber stocks such as
JDS Uniphase and Corning took a 25 percent hit, although most have recovered their losses since then.
The beating fiber stocks took is an indication of the segment`s volatility, said Patrick Ennis, a venture capitalist with Seattle-based Arch Venture Partners.
"Short-term, yes, I think the Street overreacted, because the fundamentals of the fiber-optics business are still good," Ennis said. "People are just a little
nervous because the valuations have climbed so high so fast."
A high-profile venture capitalist with Silicon Valley-based Kleiner Perkins Caufield & Byers, Vinod Khosla, has publicly predicted 90 percent of the
fiber-optics startups will fail.
Ennis and Yankee Group analyst Jay Patel say a shakeout will occur, but not of the magnitude Khosla has predicted.
"The field is pretty crowded," Patel said. "It`s really just the first inning in this whole game. I do expect (a shakeout), but not a bad one."
The fiber-optics shakeout won`t reach the same scale as the one that has rocked e-commerce because the space can only get so crowded, Patel said.
"There are a lot of barriers to entry," he said. "Fiber-optics, unlike e-commerce, requires very extensive technical know-how, and these companies take a
longer time to get to market. Most of these optical companies are private, too, so the shakeout won`t be as visible as the e-commerce one that shook the public
markets earlier this year."
McIntyre is bullish on Lumera`s chances of success, in spite of the volatility of fiber stocks.
"We hope to get to full production by 2002," he said.
McIntyre is mum on who Lumera counts as customers now, except for a contract the company has with the U.S. Air Force.
Hi
Es ziehen dunkle Wolken über den einst so klaren Microvision Himmel auf. Folgender Artikel dürfte auch ein gefundenes Fressen für die Shorties gewesen sein.
Commentary : Herb on TheStreet
Does One Hand Wash the Other With Cree and Friends?
By Herb Greenberg
Senior Columnist
Originally posted at 6:31 AM ET 11/29/00 on RealMoney.com
So, Banc of America Securities came out Tuesday and shaved this year`s earnings estimates on Cree Research (CREE:Nasdaq - news) by a nickel, and the stock tumbled 14%. The reason: weakness at rival Toyoda Gosei in Japan, which makes LED chips that are brighter than Cree`s.
But is that really Cree`s biggest problem?
Let`s just say that`s not why short-sellers find Cree so appealing. "What I see at Cree reminds me a lot of what I first saw at Lernout & Hauspie (LHSP:Nasdaq - news)," says Marc Cohodes of Rocker Partners, who is referring to Cree`s web of related-party and not-quite-arm`s-length transactions. (Rocker Partners holds a 5.2% stake in TheStreet.com, according to SEC filings.)
Cohodes, who is short Cree, is best known to readers of this column for raising red flags on Lernout; he was recently quoted here as mentioning Cree as one of several stocks on his current hit list, without a "why." The "why" is those related-party transactions. They`re always reason for concern, no matter how well they`re disclosed, because on the one hand, they simply don`t look good and always are suspicious; on the other hand, they can easily lead to overstating revenue or understating expenses.
Both appear to be the case at Cree, a maker of LED chips, which was first mentioned here in July 1999 for its too-close-for-comfort relationship with fake diamond maker C3, now called Charles & Colvard (CTHR:Nasdaq - news). Not only is C3`s then-CEO Jeff Hunter the brother of Cree CEO Neal Hunter, and not only was Cree a big C3 investor, but Cree had a multiyear deal to sell crystals to C3. (What`s more, Eric Hunter, another brother, was the founder and largest holder of C3.)
C3 is now stuffed with around four years` worth of inventory from Cree. Four years! If you didn`t know better you`d think C3, whose business has subsequently done horribly, was created for the sole reason of becoming a customer of Cree.
Ah, but not to worry: Cree now says that C3, which once accounted for as much as 20% of Cree`s sales, is no longer an important customer. And according to C3`s proxy, Eric Hunter is not longer a C3 investor, but guess what! He has started a new company called World Theater.
One of World`s biggest investors, taking $5 million of a $19 million offering, is none other than (You guessed it!) Cree. According to World`s private placement memorandum, World plans to construct an "On-Demand Electronic Billboard Network."
Well (and this is where it starts to get interesting), not far from Cree`s headquarters in Durham, N.C., is the U.S. headquarters of Lighthouse Technologies, which was known as Real Color Displays when it was a subsidiary of Cree. Lighthouse has the same management and many of the same employees as it did when it was part of Cree. While they`re no longer directly related, however, Lighthouse appears to remain a Cree customer. Cree, in fact, boasted that its chips were used in Lighthouse`s big screens at the Republican National Convention.
What does that have to do with World? World is a potential indirect customer of Cree via Lighthouse, because Lighthouse makes screens that would be used in any electronic billboard network. A Lighthouse official told me that World has already bought several screens from Lighthouse for demonstration purposes. (Still with me?) World officials couldn`t be reached.
Then there`s Cree`s relationship with Microvision (MVIS:Nasdaq - news), which makes scanning technology. Over the past two years, Cree has invested $17 million into Microvision. Microvision, in turn, has agreed to spend $12.6 million (Gee, wonder where they got it!) to fund research with Cree.
That spending by Microvision directly offsets, or lowers, Cree`s research and development costs. Last year alone, Cree says that Microvision`s payments lowered Cree`s R&D expenses by $3.1 million. (Put another way, if those R&D expenses had been shouldered by Cree, its fiscal year 2000 operating income would have been about 8% lower, and earnings per share would have come in 3 cents lighter than analysts` expectations.)
Cree has similar development agreements with Xemod, in which it has invested $11.3 million, and Spectrian (SPCT:Nasdaq - news), whose UltraRF unit Cree is buying. Cree hasn`t, however, disclosed dollar amounts of those develoment agreements. And speaking of Spectrian, it has two divisions, the Amplifier division and UltraRF. UltraRF, it turns out, has virtually one customer: Spectrian`s Amplifier division, and as part of the takeover, Spectrian will continue to purchase chips from UltraRF for two years.
Does the UltraRF deal require Spectrian to purchase a specific amount of chips, as did the agreement with C3? Will the UltraRF and Xemod development agreements offset Cree`s R&D expenses? In the cases of Microvision and Spectrian, isn`t Cree merely taking money off its balance sheet, handing it over to another company, and having it come back, one way or the other, into its income statement? If not, why? And why shouldn`t Cree investors be concerned about its related party transactions?
I asked some of those questions, and a few more, to Cree`s execs in a written email (after they didn`t return my call of last Wednesday). Their response (I kid you not!): Go read the 10-Qs and 10-Ks. "We believe these appropriately disclose our historical transactions," a spokeswoman said. And as for the UltraRF deal, she suggested I read the press release.
Well, I did and did ... and did, and still couldn`t find the answers to my questions.
Your move. (With Cree`s stock trading at around 45 times next year`s expected earnings, it had better be a good one.)
Es ziehen dunkle Wolken über den einst so klaren Microvision Himmel auf. Folgender Artikel dürfte auch ein gefundenes Fressen für die Shorties gewesen sein.
Commentary : Herb on TheStreet
Does One Hand Wash the Other With Cree and Friends?
By Herb Greenberg
Senior Columnist
Originally posted at 6:31 AM ET 11/29/00 on RealMoney.com
So, Banc of America Securities came out Tuesday and shaved this year`s earnings estimates on Cree Research (CREE:Nasdaq - news) by a nickel, and the stock tumbled 14%. The reason: weakness at rival Toyoda Gosei in Japan, which makes LED chips that are brighter than Cree`s.
But is that really Cree`s biggest problem?
Let`s just say that`s not why short-sellers find Cree so appealing. "What I see at Cree reminds me a lot of what I first saw at Lernout & Hauspie (LHSP:Nasdaq - news)," says Marc Cohodes of Rocker Partners, who is referring to Cree`s web of related-party and not-quite-arm`s-length transactions. (Rocker Partners holds a 5.2% stake in TheStreet.com, according to SEC filings.)
Cohodes, who is short Cree, is best known to readers of this column for raising red flags on Lernout; he was recently quoted here as mentioning Cree as one of several stocks on his current hit list, without a "why." The "why" is those related-party transactions. They`re always reason for concern, no matter how well they`re disclosed, because on the one hand, they simply don`t look good and always are suspicious; on the other hand, they can easily lead to overstating revenue or understating expenses.
Both appear to be the case at Cree, a maker of LED chips, which was first mentioned here in July 1999 for its too-close-for-comfort relationship with fake diamond maker C3, now called Charles & Colvard (CTHR:Nasdaq - news). Not only is C3`s then-CEO Jeff Hunter the brother of Cree CEO Neal Hunter, and not only was Cree a big C3 investor, but Cree had a multiyear deal to sell crystals to C3. (What`s more, Eric Hunter, another brother, was the founder and largest holder of C3.)
C3 is now stuffed with around four years` worth of inventory from Cree. Four years! If you didn`t know better you`d think C3, whose business has subsequently done horribly, was created for the sole reason of becoming a customer of Cree.
Ah, but not to worry: Cree now says that C3, which once accounted for as much as 20% of Cree`s sales, is no longer an important customer. And according to C3`s proxy, Eric Hunter is not longer a C3 investor, but guess what! He has started a new company called World Theater.
One of World`s biggest investors, taking $5 million of a $19 million offering, is none other than (You guessed it!) Cree. According to World`s private placement memorandum, World plans to construct an "On-Demand Electronic Billboard Network."
Well (and this is where it starts to get interesting), not far from Cree`s headquarters in Durham, N.C., is the U.S. headquarters of Lighthouse Technologies, which was known as Real Color Displays when it was a subsidiary of Cree. Lighthouse has the same management and many of the same employees as it did when it was part of Cree. While they`re no longer directly related, however, Lighthouse appears to remain a Cree customer. Cree, in fact, boasted that its chips were used in Lighthouse`s big screens at the Republican National Convention.
What does that have to do with World? World is a potential indirect customer of Cree via Lighthouse, because Lighthouse makes screens that would be used in any electronic billboard network. A Lighthouse official told me that World has already bought several screens from Lighthouse for demonstration purposes. (Still with me?) World officials couldn`t be reached.
Then there`s Cree`s relationship with Microvision (MVIS:Nasdaq - news), which makes scanning technology. Over the past two years, Cree has invested $17 million into Microvision. Microvision, in turn, has agreed to spend $12.6 million (Gee, wonder where they got it!) to fund research with Cree.
That spending by Microvision directly offsets, or lowers, Cree`s research and development costs. Last year alone, Cree says that Microvision`s payments lowered Cree`s R&D expenses by $3.1 million. (Put another way, if those R&D expenses had been shouldered by Cree, its fiscal year 2000 operating income would have been about 8% lower, and earnings per share would have come in 3 cents lighter than analysts` expectations.)
Cree has similar development agreements with Xemod, in which it has invested $11.3 million, and Spectrian (SPCT:Nasdaq - news), whose UltraRF unit Cree is buying. Cree hasn`t, however, disclosed dollar amounts of those develoment agreements. And speaking of Spectrian, it has two divisions, the Amplifier division and UltraRF. UltraRF, it turns out, has virtually one customer: Spectrian`s Amplifier division, and as part of the takeover, Spectrian will continue to purchase chips from UltraRF for two years.
Does the UltraRF deal require Spectrian to purchase a specific amount of chips, as did the agreement with C3? Will the UltraRF and Xemod development agreements offset Cree`s R&D expenses? In the cases of Microvision and Spectrian, isn`t Cree merely taking money off its balance sheet, handing it over to another company, and having it come back, one way or the other, into its income statement? If not, why? And why shouldn`t Cree investors be concerned about its related party transactions?
I asked some of those questions, and a few more, to Cree`s execs in a written email (after they didn`t return my call of last Wednesday). Their response (I kid you not!): Go read the 10-Qs and 10-Ks. "We believe these appropriately disclose our historical transactions," a spokeswoman said. And as for the UltraRF deal, she suggested I read the press release.
Well, I did and did ... and did, and still couldn`t find the answers to my questions.
Your move. (With Cree`s stock trading at around 45 times next year`s expected earnings, it had better be a good one.)
--------------------------------------------------------------------------------
Related Quotes
MVIS
19 15/16
-1 7/8
delayed 20 mins - disclaimer
Wednesday December 6, 6:30 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Demonstrates Novel Laser-Scanning Engine for Bar Code Products Company Says Devices Equipped With Low Cost Scanning Technology Will Make Mobile Internet Scanning Possible at `Giveaway` Prices
BOTHELL, Wash., Dec. 6 /PRNewswire/ -- Microvision, Inc., (Nasdaq: MVIS - news) announced today that its Imaging Solutions Group has successfully demonstrated a prototype bar code scan engine that features a highly innovative laser-scanning mechanism. The announcement follows the demonstration by the company in October of a bar-code reading device that featured proprietary decode software and electronics that promise to improve scanning performance and reduce cost. This latest development focuses on improvements to the scanning optics, and makes use of novel design concepts to achieve the very low-power operation, small size and low cost that will be essential for use with mobile Internet devices.
Scan engines based on this technology will enable hand-held and mobile devices to link to the Internet, by allowing them to electronically ``read`` information from a printed page. Based on the scanned information, the device will initiate a link to related web content so that consumers will be able to use the scanner-enabled devices to purchase items, pay bills and upload media content by simply aiming the scanning beam at a code on a printed page. According to recently published market research, revenue from mobile commerce (M-commerce) -- Internet commerce initiated by mobile devices -- is projected to grow from $4 billion worldwide this year to $211 billion by 2005.
The company`s initial target is for stand-alone devices that can be connected to existing cell phones, PDAs and PCs with subsequent introduction of fully integrated units. The company believes that the potential available market is for tens of millions of devices annually.
``We have a very aggressive target for cost of goods on this product. We believe that the approach our team has demonstrated in this new scanning technology is revolutionary and enables remarkably low cost devices,`` reports Chris Wiklof, Business Development Manager for Microvision`s Imaging Solutions Group. ``We also believe our novel approach offers significant price/performance advantages to consumers and low-end industrial customers alike. We also believe that Microvision will secure important intellectual property protection as a result of this work. By any standard, I would consider likely patent protection arising from our work to be truly pioneering in scope.``
Microvision has previously announced plans to develop consumer-oriented bar code scanners based on core technology developed for its retinal scanning display systems. Its initial outlook was for prototype shipments during the first half of 2001 with production quantity shipments during the second half of the year.
``We continue to be pleased by the rapid progress made by our design team,`` says Wiklof. ``Our team has consistently found ways to beat our expectations. We had not expected this much progress until February. We have not yet accelerated our production schedule, but we are certainly well ahead of the game at this point.``
Microvision`s Imaging Solutions Group was formed earlier this year to develop new applications and markets for the company`s proprietary scanning and imaging technology, which was developed to support the real-time, high-resolution requirements of the company`s retinal scanning display technology. The company believes that a broad range of imaging applications can take advantage of the high performance, miniature size and mass fabrication potential of the underlying components and optical systems technology.
About Microvision
Related Quotes
MVIS
19 15/16
-1 7/8
delayed 20 mins - disclaimer
Wednesday December 6, 6:30 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Demonstrates Novel Laser-Scanning Engine for Bar Code Products Company Says Devices Equipped With Low Cost Scanning Technology Will Make Mobile Internet Scanning Possible at `Giveaway` Prices
BOTHELL, Wash., Dec. 6 /PRNewswire/ -- Microvision, Inc., (Nasdaq: MVIS - news) announced today that its Imaging Solutions Group has successfully demonstrated a prototype bar code scan engine that features a highly innovative laser-scanning mechanism. The announcement follows the demonstration by the company in October of a bar-code reading device that featured proprietary decode software and electronics that promise to improve scanning performance and reduce cost. This latest development focuses on improvements to the scanning optics, and makes use of novel design concepts to achieve the very low-power operation, small size and low cost that will be essential for use with mobile Internet devices.
Scan engines based on this technology will enable hand-held and mobile devices to link to the Internet, by allowing them to electronically ``read`` information from a printed page. Based on the scanned information, the device will initiate a link to related web content so that consumers will be able to use the scanner-enabled devices to purchase items, pay bills and upload media content by simply aiming the scanning beam at a code on a printed page. According to recently published market research, revenue from mobile commerce (M-commerce) -- Internet commerce initiated by mobile devices -- is projected to grow from $4 billion worldwide this year to $211 billion by 2005.
The company`s initial target is for stand-alone devices that can be connected to existing cell phones, PDAs and PCs with subsequent introduction of fully integrated units. The company believes that the potential available market is for tens of millions of devices annually.
``We have a very aggressive target for cost of goods on this product. We believe that the approach our team has demonstrated in this new scanning technology is revolutionary and enables remarkably low cost devices,`` reports Chris Wiklof, Business Development Manager for Microvision`s Imaging Solutions Group. ``We also believe our novel approach offers significant price/performance advantages to consumers and low-end industrial customers alike. We also believe that Microvision will secure important intellectual property protection as a result of this work. By any standard, I would consider likely patent protection arising from our work to be truly pioneering in scope.``
Microvision has previously announced plans to develop consumer-oriented bar code scanners based on core technology developed for its retinal scanning display systems. Its initial outlook was for prototype shipments during the first half of 2001 with production quantity shipments during the second half of the year.
``We continue to be pleased by the rapid progress made by our design team,`` says Wiklof. ``Our team has consistently found ways to beat our expectations. We had not expected this much progress until February. We have not yet accelerated our production schedule, but we are certainly well ahead of the game at this point.``
Microvision`s Imaging Solutions Group was formed earlier this year to develop new applications and markets for the company`s proprietary scanning and imaging technology, which was developed to support the real-time, high-resolution requirements of the company`s retinal scanning display technology. The company believes that a broad range of imaging applications can take advantage of the high performance, miniature size and mass fabrication potential of the underlying components and optical systems technology.
About Microvision
Latest News
--------------------------------------------------------------------------------
Microvision Captures Four New PatentsCompany`s MEMS Product Development Adds Broad Value to Overall Intellectual Property Portfolio
BOTHELL, Wash., Dec 7, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced the issuance of four new United States patents
relating to a variety of unique techniques for producing high resolution
scanning beam displays. The new patents support valuable and broad market
opportunities for the company`s proprietary micro-electro mechanical systems
(MEMS), which Microvision is incorporating into their retinal scanning displays
and imaging devices.
The new patents are a result of Microvision`s product development efforts and
on-going investment in scanning beam technology. The issued patents, coupled
with applications and pending patent issuance allowances bring Microvision`s
patent portfolio to 40 issued U.S. patents, 73 pending United States patent
applications, as well as a number of foreign counterparts patents and
applications.
"To support the commercialization goals for our technology we continue to invest
in research and product development and are extremely pleased with the excellent
progress and achievement of our unique and broad patent portfolio," stated Casey
Tegreene, Microvision intellectual property counsel. "Notable are the company`s
new MEMS patents which will play a significant role in ensuring we gain a strong
competitive advantage in our multiple high-growth markets for display and
imaging applications. This new generation of patents provides even broader
coverage for our already impressive MEMS patents held under license from
telecommunications leader Nortel Networks, acquirer of Xros, Inc., and our broad
patents licensed from the University of Washington and other universities.
"As Microvision reaps the benefits of its own continued product developments and
advances in precision electronics, micro-optics and photonics, we`ll also
benefit from the ongoing technology developments that are occurring from our
licensed property investments. All this creates exciting market opportunities as
well as protects our significant market position. We expect our overall patent
portfolio to continue its impressive expansion".
About Microvision
--------------------------------------------------------------------------------
Microvision Captures Four New PatentsCompany`s MEMS Product Development Adds Broad Value to Overall Intellectual Property Portfolio
BOTHELL, Wash., Dec 7, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced the issuance of four new United States patents
relating to a variety of unique techniques for producing high resolution
scanning beam displays. The new patents support valuable and broad market
opportunities for the company`s proprietary micro-electro mechanical systems
(MEMS), which Microvision is incorporating into their retinal scanning displays
and imaging devices.
The new patents are a result of Microvision`s product development efforts and
on-going investment in scanning beam technology. The issued patents, coupled
with applications and pending patent issuance allowances bring Microvision`s
patent portfolio to 40 issued U.S. patents, 73 pending United States patent
applications, as well as a number of foreign counterparts patents and
applications.
"To support the commercialization goals for our technology we continue to invest
in research and product development and are extremely pleased with the excellent
progress and achievement of our unique and broad patent portfolio," stated Casey
Tegreene, Microvision intellectual property counsel. "Notable are the company`s
new MEMS patents which will play a significant role in ensuring we gain a strong
competitive advantage in our multiple high-growth markets for display and
imaging applications. This new generation of patents provides even broader
coverage for our already impressive MEMS patents held under license from
telecommunications leader Nortel Networks, acquirer of Xros, Inc., and our broad
patents licensed from the University of Washington and other universities.
"As Microvision reaps the benefits of its own continued product developments and
advances in precision electronics, micro-optics and photonics, we`ll also
benefit from the ongoing technology developments that are occurring from our
licensed property investments. All this creates exciting market opportunities as
well as protects our significant market position. We expect our overall patent
portfolio to continue its impressive expansion".
About Microvision
PR Newswire
Latest News
--------------------------------------------------------------------------------
Microvision Adds Consumer Business Strategist Jacqueline Brandwynne to Board Of DirectorsMulti-National Business Executive to Focus on Mass-Market Consumer Opportunities for Retinal Scanning Display Technology
BOTHELL, Wash., Dec 11, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS), announced today it has named Jacqueline Brandwynne, a prominent
consumer business development strategist, to its Board of Directors. The
appointment increases Microvision`s board from ten to eleven members.
Additionally, Microvision has established a consulting engagement with Ms.
Brandwynne to advance the company`s consumer business branding profile,
strategic partnering, financial and business opportunities.
The appointment of Ms. Brandwynne to the board and as a strategic consultant is
consistent with the company`s business plan to revolutionize the display
capabilities for mobile devices such as cell phones, PDA`s and game devices.
Ms. Brandwynne, is a noted business executive, with over twenty-five years
experience building successful brands and consumer strategies for Fortune 500
multinational corporations, including Citicorp, American Cyanamid, Bristol
Myers/Clairol, Revlon, National Liberty Life and Seagram & Sons. Currently
founder and CEO of Brandwynne Corporation, she manages a successful venture
capital business concentrating on communication, Internet infrastructure support
and fiber optics.
Ms. Brandwynne has a depth of experience in academic, political and economic
arenas, having served in Washington D.C. under several presidential
administrations in both advisory and negotiating capacities. She continues today
to study and interpret ongoing structural evolution and advancements in
communication and information distribution.
"As we accelerate our product development initiatives into the consumer products
arena, the significance of Microvision`s display technology -- and how it will
change the way consumers use their cell phones, PDAs and other mobiles devices
-- means we need proven leadership in consumer marketing and business
development. We are very fortunate to have Jacqui Brandwynne on our Board and as
an advisor. Coupled with the diverse talents of our other board members, Jacqui
will play a significant role in how we best market this technology to
consumers," said Rick Rutkowski, CEO of Microvision, Inc.
"I am very excited to be working with Microvision`s outstanding team to bring
about a major evolution in the company`s growth," stated Ms. Brandwynne.
"Microvision`s display technology will be an integral part of the mobile
Internet and entertainment consumer devices industry. The display is weightless
and intangible, a virtual screen simply appears in your field of vision to
display the image you want. In the long run this technology will erase the need
for literal screens. The consumer applications are limitless. It is a core
technology that has the potential to be as significant as `Intel inside` is to
the microprocessor industry. We shall achieve this objective by partnering with
leading consumer marketing companies here and overseas to penetrate the global
marketplace in the shortest possible time and with optimum success."
Latest News
--------------------------------------------------------------------------------
Microvision Adds Consumer Business Strategist Jacqueline Brandwynne to Board Of DirectorsMulti-National Business Executive to Focus on Mass-Market Consumer Opportunities for Retinal Scanning Display Technology
BOTHELL, Wash., Dec 11, 2000 /PRNewswire via COMTEX/ -- Microvision, Inc.,
(Nasdaq: MVIS), announced today it has named Jacqueline Brandwynne, a prominent
consumer business development strategist, to its Board of Directors. The
appointment increases Microvision`s board from ten to eleven members.
Additionally, Microvision has established a consulting engagement with Ms.
Brandwynne to advance the company`s consumer business branding profile,
strategic partnering, financial and business opportunities.
The appointment of Ms. Brandwynne to the board and as a strategic consultant is
consistent with the company`s business plan to revolutionize the display
capabilities for mobile devices such as cell phones, PDA`s and game devices.
Ms. Brandwynne, is a noted business executive, with over twenty-five years
experience building successful brands and consumer strategies for Fortune 500
multinational corporations, including Citicorp, American Cyanamid, Bristol
Myers/Clairol, Revlon, National Liberty Life and Seagram & Sons. Currently
founder and CEO of Brandwynne Corporation, she manages a successful venture
capital business concentrating on communication, Internet infrastructure support
and fiber optics.
Ms. Brandwynne has a depth of experience in academic, political and economic
arenas, having served in Washington D.C. under several presidential
administrations in both advisory and negotiating capacities. She continues today
to study and interpret ongoing structural evolution and advancements in
communication and information distribution.
"As we accelerate our product development initiatives into the consumer products
arena, the significance of Microvision`s display technology -- and how it will
change the way consumers use their cell phones, PDAs and other mobiles devices
-- means we need proven leadership in consumer marketing and business
development. We are very fortunate to have Jacqui Brandwynne on our Board and as
an advisor. Coupled with the diverse talents of our other board members, Jacqui
will play a significant role in how we best market this technology to
consumers," said Rick Rutkowski, CEO of Microvision, Inc.
"I am very excited to be working with Microvision`s outstanding team to bring
about a major evolution in the company`s growth," stated Ms. Brandwynne.
"Microvision`s display technology will be an integral part of the mobile
Internet and entertainment consumer devices industry. The display is weightless
and intangible, a virtual screen simply appears in your field of vision to
display the image you want. In the long run this technology will erase the need
for literal screens. The consumer applications are limitless. It is a core
technology that has the potential to be as significant as `Intel inside` is to
the microprocessor industry. We shall achieve this objective by partnering with
leading consumer marketing companies here and overseas to penetrate the global
marketplace in the shortest possible time and with optimum success."
Monday December 18, 6:30 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
EUROCONTROL Purchases Microvision Wearable Display for Air Traffic Control
Focus on Developing Visualization Tools to Make air Travel Safer and More Efficient
BOTHELL, Wash., Dec. 18 /PRNewswire/ -- Microvision, Inc., (Nasdaq: MVIS - news), announced today that EUROCONTROL, The European Agency for the Safety of Air
Navigation, has purchased for test and evaluation a prototype Nomad. Nomad, a head-worn display featuring the company`s breakthrough retinal scanning display (RSD) technology,
projects high-resolution, computer generated images directly onto the user`s retina, appearing to the user as a ``see-through`` computer screen at arm`s length. The Nomad display can
improve visualization for air traffic controllers to reduce stress and workload, and to reduce delays and improve airport safety.
The unique and innovative display is scheduled for market release in mid 2001. EUROCONTROL`s purchase and evaluation of the Nomad prototype is part of Microvision`s ongoing
effort to identify compelling applications of the display system in military, medical, and industrial market segments.
Air traffic controllers would use the display to help manage increasingly complex air traffic information systems, by allowing them to view computer-generated advisories while maintaining
visual contact with the terrain and airspace surrounding the airfield. The Nomad`s unique ability to enable ``head-up`` image overlay against daylight conditions is seen as a key requirement
for this application.
Many within the aviation community believe that improved visualization tools in air traffic control towers are a key to reducing the risk of runway ``incursions`` and near collisions. As
reported by USA TODAY, in the United States alone, the Federal Aviation Administration (FAA) has recorded 391 close calls on runways during 2000, and the number could rise to a
total of about 420 for the year. That total represents a 31% increase over 1999 and far exceeds the FAA`s goal of holding these runway incidents to less than 250 for the year. Poor
visualization and communications alerts have been identified as some of the possible reasons for the Oct. 31, 2000 crash of a Singapore Airlines jet in Taiwan, which killed 82 people. In
that accident, pilots tried to take off on a runway under construction and slammed into equipment.
EUROCONTROL`S move to acquire the unique display is in direct response to the decisions made by the ministers responsible for Air Traffic Services in Europe where the
EUROCONTROL Air Traffic Management (ATM) strategy for the years 2000+ was formally adopted. The EUROCONTROL ATM Programme was developed by the Agency to
meet these challenging objectives in order to ensure greater safety and efficiency for all phases of flight from before take off to after landing. Microvision`s retinal scanning display will
immediately begin product evaluations within EUROCONTROL`s flight control tower simulator to define application requirements for improving data display visibility for air traffic
controllers.
``Air traffic control is one of several exciting opportunities to apply the Nomad display within the commercial aviation market,`` commented Steve Whiston, Microvision`s marketing
manager for Aerospace and Defense. ``Over 200 airfields in the United States have been identified for air traffic management upgrades with each control tower having the potential for
several display units. Our work with EUROCONTROL will complement our activities in cockpit safety systems and aircraft ground maintenance. We are excited to see a significant
market opportunity emerging in this market and we`re anxious to deliver real benefits to airline operators, air crews and air travelers alike.``
``The European ATM, as well as the FAA, have been looking for technology vehicles to meet the aviation community`s future requirements for improving Air Traffic Management
service,`` stated Marvin Storey, customer development manager at Microvision. ``The Nomad provides a means to increase safety for the traveling public through the use of a ``Head Up``
Display that permits reliable readability of electronic data against even the most challenging ambient lighting conditions encountered in the Control Tower environment. We are pleased that
EUROCONTROL, is taking this first step to integrate our display technology within their operations. We see a significant market opportunity and we are confident that we can assist
EUROCONTROL, and ultimately the aviation community worldwide, by delivering a product that can provide powerful enhancements to control tower visualization and awareness.``
Press Release
SOURCE: Microvision, Inc.
EUROCONTROL Purchases Microvision Wearable Display for Air Traffic Control
Focus on Developing Visualization Tools to Make air Travel Safer and More Efficient
BOTHELL, Wash., Dec. 18 /PRNewswire/ -- Microvision, Inc., (Nasdaq: MVIS - news), announced today that EUROCONTROL, The European Agency for the Safety of Air
Navigation, has purchased for test and evaluation a prototype Nomad. Nomad, a head-worn display featuring the company`s breakthrough retinal scanning display (RSD) technology,
projects high-resolution, computer generated images directly onto the user`s retina, appearing to the user as a ``see-through`` computer screen at arm`s length. The Nomad display can
improve visualization for air traffic controllers to reduce stress and workload, and to reduce delays and improve airport safety.
The unique and innovative display is scheduled for market release in mid 2001. EUROCONTROL`s purchase and evaluation of the Nomad prototype is part of Microvision`s ongoing
effort to identify compelling applications of the display system in military, medical, and industrial market segments.
Air traffic controllers would use the display to help manage increasingly complex air traffic information systems, by allowing them to view computer-generated advisories while maintaining
visual contact with the terrain and airspace surrounding the airfield. The Nomad`s unique ability to enable ``head-up`` image overlay against daylight conditions is seen as a key requirement
for this application.
Many within the aviation community believe that improved visualization tools in air traffic control towers are a key to reducing the risk of runway ``incursions`` and near collisions. As
reported by USA TODAY, in the United States alone, the Federal Aviation Administration (FAA) has recorded 391 close calls on runways during 2000, and the number could rise to a
total of about 420 for the year. That total represents a 31% increase over 1999 and far exceeds the FAA`s goal of holding these runway incidents to less than 250 for the year. Poor
visualization and communications alerts have been identified as some of the possible reasons for the Oct. 31, 2000 crash of a Singapore Airlines jet in Taiwan, which killed 82 people. In
that accident, pilots tried to take off on a runway under construction and slammed into equipment.
EUROCONTROL`S move to acquire the unique display is in direct response to the decisions made by the ministers responsible for Air Traffic Services in Europe where the
EUROCONTROL Air Traffic Management (ATM) strategy for the years 2000+ was formally adopted. The EUROCONTROL ATM Programme was developed by the Agency to
meet these challenging objectives in order to ensure greater safety and efficiency for all phases of flight from before take off to after landing. Microvision`s retinal scanning display will
immediately begin product evaluations within EUROCONTROL`s flight control tower simulator to define application requirements for improving data display visibility for air traffic
controllers.
``Air traffic control is one of several exciting opportunities to apply the Nomad display within the commercial aviation market,`` commented Steve Whiston, Microvision`s marketing
manager for Aerospace and Defense. ``Over 200 airfields in the United States have been identified for air traffic management upgrades with each control tower having the potential for
several display units. Our work with EUROCONTROL will complement our activities in cockpit safety systems and aircraft ground maintenance. We are excited to see a significant
market opportunity emerging in this market and we`re anxious to deliver real benefits to airline operators, air crews and air travelers alike.``
``The European ATM, as well as the FAA, have been looking for technology vehicles to meet the aviation community`s future requirements for improving Air Traffic Management
service,`` stated Marvin Storey, customer development manager at Microvision. ``The Nomad provides a means to increase safety for the traveling public through the use of a ``Head Up``
Display that permits reliable readability of electronic data against even the most challenging ambient lighting conditions encountered in the Control Tower environment. We are pleased that
EUROCONTROL, is taking this first step to integrate our display technology within their operations. We see a significant market opportunity and we are confident that we can assist
EUROCONTROL, and ultimately the aviation community worldwide, by delivering a product that can provide powerful enhancements to control tower visualization and awareness.``
Habe gerade Verkaufsorder in Frankfurt plaziert:
100 Microvision zu 18 EURO.
Falls jemand Interesse hat.
100 Microvision zu 18 EURO.
Falls jemand Interesse hat.
Hot Off the Press
Formal Launch of New Subsidiary - Conference Call Transcript, Oct. 30, 2000
Moderator: Holly Ash
October 30, 2000
10:00 a.m. CT
OPERATOR: Good morning and welcome to the Lumera conference call. Lumera Corporation is a subsidiary of Microvision, Inc., that was formerly launched this morning. Today`s conference is being recorded.
At this time, for opening remarks and introductions, I would like to turn the call over to the Director of Investor Relations, Ms. Holly Ash. Please go ahead.
HOLLY ASH: Good morning. I would like to welcome everyone to this special conference call as we announce the formal launch of our new subsidiary, Lumera. The press release was distributed before the market opened today. If you do not yet have a copy of the release, please call our office at 425-415-6758 and we will send you one following the call. We`ll begin with the discussion of Lumera`s technology and then we`ll be available to take your questions.
Before I turn the call over to management, I would like to remind you that during the course of this conference call management may make projections or other forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that these statements are only predictions and that actual events or results may differ materially.
We refer you to the documents that the company files from time to time with the SEC, specifically the company`s most recent Form 10K and Form 10Q. These documents contain and identify important factors that could cause actual results to differ materially from those contained in management`s projections or forward-looking statements.
I would now like to turn the call over to Microvision`s CEO and President, Rick Rutkowski.
RICK RUTKOWSKI: Good morning, everyone. Thank you for joining us this morning. This is an exciting time. We`ve been engaged for the last several months in an enterprise which we feel is going to launch the world into a new era of connectivity and bandwidth.
One way to think about Lumera is to think about a company that is literally creating the materials that ultimately are going to enable integrated micro photonics. And certainly that`s going to have a bearing on the optical component marketplace as it relates to fiber optic communications. It will also have a bearing on a variety of other markets where optical signal processing can be applied, in particular, because of the very fast switching rates that can be achieved by the technology.
We`re going to go through a presentation this morning that will describe to you the company, the technology, some of the people involved, and the strategy in brief. And then we’ll walk through some of the elements of the market opportunity and the key drivers for the optical component marketplace, followed by a discussion of the technology basics, both with respect to materials and devices. We’ll then bring that together with a discussion of the commercialization plan for Lumera and some of the milestones that we will look forward to. So, again, it`s an exciting time. We look forward to you joining us on this next phase of our adventure. I think you will see great things going forward coming out of Lumera.
The company is based on a proprietary technology for electro-optic materials, and our first slide here talks about Lumera`s mission with reference to that technology. If we look at the three bullets, the things we can pull out are proprietary optical polymers that are the basis of unique kinds of electro-optic devices, component solutions delivered to system suppliers. That`s who our market is.
We`ll be handing off packaged component solutions, custom and standard parts, to system suppliers and that’s something that is very important here: the fact that Lumera is truly unique in combining the most advanced polymer chemistry in the world with the device design and fabrication capabilities in house. That`s very significant, not only because of the sustainability of the advantage that we can create, but also because of the rapid turn times and quality control that we can achieve by integrating those two activities under one roof.
When we speak in terms of the company`s core technical capabilities, we`re going to talk about several aspects of the chemistry and materials development as -- oh, I`m sorry. I skipped a slide here; just a few brief bullets.
Lumera is a subsidiary of Microvision. We are located in Bothell, Washington. The company was founded earlier this year and currently occupies just under 11,000 square feet of office, laboratory, and pilot fabrication space. We also have some exclusive licenses to core intellectual property coming out of the University of Washington.
The company`s capabilities are in the area of what we call chromophore materials, chemistry, and polymer material chemistry. We`ll describe later how chromophores are integrated into polymers to create electro-optic devices. We also have the capability of characterizing those materials and doing characterizations very rapidly. One of the key capabilities coming out of the University of Washington that was a significant breakthrough in the field was to be able to model them mathematically and predict the outcomes of new materials that has allowed us to move very rapidly in developing multiple generations of optical materials.
The optical wave guide and electronic design of the devices are capabilities that we have in house as well as the ability to process micro structures using both photolithographic graphic techniques as well as mechanical techniques like deep reactive ion etching. And the materials lends themselves to both of those kinds of processing capabilities because we do harden the materials.
The company`s strategy is to supply both standard and custom components to systems` providers in multiple categories for optical component products. And these are all, as you`re going to see in just a moment, very high-growth areas in the marketplace. We believe we can maintain technology leadership in chromophore and polymer materials. We`ve established a significant lead already in the area and have substantial amounts of intellectual property. We also feel that our coordination and integration of materials and device development, under a single roof, is both unique and significant, with respect to our strategy. And, of course, the key aspect of our strategy is to extend that early lead by staying on a very rapid development path and we`ve been very successful in doing that to date. The pace of development, internally, is quite impressive and I think you`ll see more about that as we go forward.
The company is fortunate to have, as a research partner, the team of Larry Dalton and Bruce Robinson at the University of Washington. These gentlemen are two of the most widely published scientists in the field of polymer electro-optics. They are also widely acknowledged as being far out in front of anyone in the world with respect to what they`ve achieved and with respect to some of the fundamental theoretical groundwork that they have laid in condensed matter theory that has given rise to these new materials. And they’ve broken some of the log jams that existed heretofore in polymer technology.
On our staff, internally, Lou Bintz is the Senior Polymer Photonics Engineer. We have several senior chemical engineers in the areas of chromophores and polymers. Diyun Huang, Tim Londergan, Galina Todorova and Jingsong Zhu are our staff of Senior Chemists, internally. Hillary MacDonald, who is with us this morning is a Product Manager. Todd McIntyre in the role of business development. And John Zhang, performing characterization of the materials. So we do have the full set of senior staff in place, covering all of the bases from materials -- chromophore materials to polymer materials, up through materials characterization and device formation.
We`re also fortunate to have with us this morning on the call, two other members of the company`s board of directors, Bill Owens, who many of you know is a Microvision Director, formerly the Vice Chairman of the Joint Chiefs of Staff, Chief of Naval operations for the United States Navy, President of SAIC, currently Vice Chairman of Teledesic and someone who is very tuned into the changing needs of technology and bandwidth requirements. And you`ll learn also that some of the things that Lumera is doing do, in fact, apply to wireless satellite communications and ground-based wireless communications, as well.
Another gentleman with an illustrious career in the telecommunications arena is Wayne Perry, who is here with us this morning. Wayne was President and CEO of McCaw Cellular, which then became AT&T Wireless Communications where Wayne served as Vice Chairman. Wayne was President and CEO of Nextlink, became Vice Chairman of Nextlink, and we are now fortunate to count Wayne among the members of Lumera`s board of directors. The other directors are myself and Bob Ratliffe and we will be adding a nominee from the University of Washington, subject to our license agreement with the University, that has not been named just yet.
I want to now discuss what is really driving demand for fiber optic components and, in particular, new types of fiber optic components. This is a table that shows, really on a relative scale -- the numbers on the left-hand side don`t relate to terabytes. Someone may have those figures handy because they`re quite impressive. But equally impressive is just looking here at the growth curve for IP type of communication. And what we can see happening here as we emerge from 2000 going forward, is that IP communication, the realistic mode, which is the green model, and the optimistic, which is the yellow line, are rapidly eclipsing voice traffic on the network. That`s driven by an explosion in Internet usage just in terms of the number of users. It`s also driven by increased requirements for media type of traffic.
So we want to now download files that have lots of graphics. We`d like to be able to download full motion video. We`d like to be able to do it a lot faster than we can today. So the notion that there is a bandwidth glut, I think, is somewhat amusing. It`s certainly not something I`ve personally experienced when sitting at my desktop.
We`ve got a long ways to go in terms of delivering the kind of bandwidth that is necessary. Not only do we have a long ways to go in terms of delivering that on long-haul trunks, but, as we`ll see, the growth in fiber optic communications is about driving down into new levels of the network, as well as increasing bandwidth on the existing installed fiber.
There are several network evolution strategies that are being employed by network operators and systems providers to meet that bandwidth demand. One of them is what we call wavelength division multiplexing. That`s where, instead of having four channels on a single fiber, we have 80 or 100 channels on a single fiber. It makes good economic sense because it leverages the fiber in the ground and delivers a lot of parallel streams of data to increase bandwidth.
Another strategy for increasing bandwidth is to just increase the bit rate of the data stream moving through the fiber and, indeed, we`ve seen progression from two-and-a-half gigabit systems to 10 gigabit systems. OC-192 is a 10 gigabit standard. As we look forward in the next iteration, OC-768 or 40 gigabits per second, as well as things like 10 gigabit per second ethernet are going to be key drivers for faster transmission speed. And, of course, if we combine multiple channels with faster transmission speed, we get a multiplier effect.
So, the ability to deliver more bandwidth comes from both of those areas. And, of course, what that implies is that there are increased numbers of components because of the increased numbers of channels and because of the increased number of nodes as we move from long-haul down into metro access through enterprise and, ultimately, to fiber to the home.
And, of course, all of these things will demand, on the one hand, more sophisticated components with respect to the optical signal processing quality and speed. They`ll also demand components that are more highly integrated so that they are physically smaller, produce less heat and cost less. And, in particular, as we want to drive the network from long-haul right to the home, those are going to be important characteristics and those are the characteristics that Lumera`s materials enable in optical component devices.
Components are also evolving to support these new networks, these new multi-channel, faster bit rate networks. And, of course, to support faster bit rates on the fiber, we actually need to provide components that can operate at faster cycle times, as well. So, in the last two or three years -- this has happened very, very rapidly, we`ve seen the world of networking move from a -- an OC-48 standard or two-and-a-half gigabit per second to OC-192 or 10 gigabits per second, literally overnight.
And one of the reasons that Northern Telecom was able to steal the march strategically on the market was because they moved very early into the 10 gigabit per second domain. The 40 gigabit per second domain is the next strategic milestone and the next competitive benchmark for optical networking. So it`s going to be equally important, from a strategic perspective, for participants in the arena.
In addition to requiring faster bit rates, we want to have optical component solutions that are smaller and more cost effective. There are two ways to achieve this -- one is by integrating multiple components onto a single chip package and achieving both reduced cost and size versus bulk optics by performing that integration. The other is simply using materials that will enable smaller devices that are, in fact, cheaper themselves. So even discreet devices, like modulators, can be made less expensively with the right materials. And we believe Lumera has exactly that -- the right materials.
As we go forward, the next step in the evolution of optical networks is to get away from the circuit switched architecture that is currently common and go towards a packet switched architecture for intelligent networks. That`s going to require very, very fast switching speeds. We`re talking about switching speeds that get down into the sub-nanosecond and the picosecond kinds of range. When people think in terms of the MEMS cross connect switches that are available today, these are very different types of switches. Those switches are for large numbers of ports, at relatively slow speeds -- millisecond kinds of switching speeds. So, in order to actually do packet switching, in the optical domain, we need very, very fast switching speeds that are capable of routing traffic on a packet by packet basis.
The next slide is a view of the how the component marketplace breaks out today. As you can see, there are several categories. One that we`re going to talk about in particular is external modulators. That`s going to be our first line of attack with 40 gigabit per second external modulators that we intend to commercialize from Lumera. But, in many of these other component categories, there`s great potential for Lumera devices. Passive devices we will talk about. We`ll also talk about wave-guide amplifiers, which aren`t really captured in this particular assessment. They`re not really treated as part of the component marketplace by this analyst. This is produced by RHK, by the way. I note that the source is not noted here.
So, you can see that this is a market which is reasonably large today -- $5 billion -- but, of course, a great deal of the excitement is the growth rate of this market that is moving to, very quickly, a $23 billion level by about 2003 and projected to reach as much as $150 billion shortly thereafter, by 2005. These are staggering growth rates. You can see that a good bit of this growth is coming from terrestrial DWDM, not your long-haul network. We`re moving these networks into the metro access and subscriber loop arenas. And there`s a lot happening that really isn`t reflected yet in these numbers with the gigabit ethernet and fiber channel, as well.
So, as we talk about these sorts of component devices, one has to ask the question why are materials so important to optical components? Well, in short, the properties of the materials themselves -- the electro-optic characteristics of the materials -- directly govern how fast you can modulate or switch an optical signal. They directly govern how much current is required to drive the component. They directly govern optical losses in the component. They directly govern the size of the component, the cost of the component in two ways -- one, because certain materials will allow higher levels of integration, which means that we can produce lower cost components and certain materials are more easily processed than others. And Lumera scores very well in both of these categories. Our materials are highly processable because they are polymer-based materials and they also lend themselves very well to higher levels of integration.
Device reliability is also directly impacted by the properties of the materials. And so, as you can see, really at bottom, materials dictate every significant operating characteristic of an optical component device. If we want to look at Lumera`s materials, compared to the existing materials that are currently used for external modulators and other types of wave guide array product – gallium arsenide and lithium niobate -- this table compares several key figures, with respect to materials characteristics that directly govern the characteristics of devices. And, as you can see, electro-optic coefficients are substantially higher than lithium niobate, which is, in term, substantially higher than gallium arsenide. That`s going to directly govern how fast and with how little power we can modulate a signal, propagating through a wave-guide.
Dielectric constant and refractive index -- if you`ll notice, what`s interesting about our materials is that we have a low dielectric constant and a low refractive index. A low refractive index means that light moves very fast through the materials. A low dielectric constant means that we don`t need much voltage to impact that movement. What`s very, very important here is that those two numbers are close together. If you look at the dielectric constant of two-and-a-half to four, compared to the refractive index of 1.6 to 1.7, and then look across at lithium niobate, which has a higher refractive index, but a dielectric constant, which is literally 10 times that of our material. That mismatching is also important. You want your electrical signals and your optical signals to propagate through the materials at the same kind of speed to maximize the device functionality. That translates into the significantly higher figure of merit, which includes both of those -- dielectric constant and refractive index of the four milli to derive it.
In optical loss, the materials are quite competitive. We are still moving towards the 0.2 dB per centimeter that lithium niobate currently enjoyed. But, obviously, doing much better than the losses that one experiences with gallium arsenide. And we`ve been really pleased with the results in thermal stability and optical power that we`ve been able to achieve in these devices.
One of the key breakthroughs for Lumera had to do with solving a couple of important tradeoffs that had really characterized polymer development for many years. And the first of those is, on the one hand, you want to maximize the electro-optic activity of a material. And, on the other hand, you want to minimize the -- how much light is actually absorbed in the bandwidth that you`re utilizing in the material.
We have created a unique approach to engineering the chromophores, that allows us to create materials that are both highly electro-optically active. If you refer back to our electro-optic coefficient, you can see the kinds of activities that we`re achieving -- and by doing what we call blue shifting the materials -- we can minimize how much of the 13, 10 and 15, 50 wavelengths are absorbed by these materials. So that gives us very good loss characteristics as well as very fast switching speeds and low dry voltages.
Scattering loss is something that is characteristic of materials, as well. And, in particular, it tends to be related to defect in the film itself. So, in forming thin film materials, crystalline formations or electro-static interactions between molecules, we can create what we call micro-domains that cause light to scatter as it passes through a wave-guide and they also cause non-uniformity from device to device. So being able to achieve high quality films is extremely important to achieving high-quality devices with low losses.
I`m going to describe to you now a real breakthrough that Dalton and Robinson pioneered that was reported widely in April of this year in Science and Magazine and in a variety of publications worldwide -- technical and business publications. One of the key challenges with chromophores is that on the one hand you want to put a lot of the active chromophore into the polymer material. On the hand, because the materials have a high activity, they tend to want to jump together and stick together and cluster as you see in this image. We have what we call dipole moment -- the positive and negative charge on each end of the molecule. But when we want to order these things into rows, we encounter clustering or aggregation within the materials and that, in turn, increases dry voltages and increases optical loss in the material. So we`d like to be able to get to high levels of chromophores without these electrostatic interactions.
The technique that Dalton and Robinson first modeled and then performed on, was to shape the chromophores to minimize the lateral interaction between the charges so that indeed they can be aligned along their polar orientation and we can maximize the high concentrations that we desire to have in active devices.
So, this really again, comes back to how can we achieve a device that has very, very fast switching speeds, very low drive voltages, and very low optical losses. This is one of the key approaches that we take to that. There’s a lot of proprietary chemistry, some core chemistry in terms of the idea of shaping chromophores using certain types of chemical structures, and there are specific methods by which we engage in shaping those chromophores and deriving the chromophores themselves.
We also do proprietary work to optimize the quality of films, and this relates to, as I said, the idea that you want a high concentration of the active chemical, but you also want uniformity in the film. We talked about controlled ordering by applying the technique of shaping the chromophores that allows us to achieve a controlled ordering at high concentrations, we also use techniques to eliminate defects and micro structures within the material, we have achieved soluble of erbium in polymer host materials and we have very good quality films at room temperature that paves the way for erbium built wave guide amplifiers unlike any that we’ve seen today. And that film quality is all important if you get these crystal and micro structures that will translate to optical loss. We also do work to eliminate impurities such as hydrocarbons within the materials, and that as it has done in silicon glass fiber increases the efficiencies in materials for transmitting light.
Another key element of film quality is how hard we can make these films, we’ve use cross-linking techniques to create stable materials that should remain stable not only through the processing of the devices, but also in rigorous operating environments where they’re subjected to temperature change and light. The other benefit of having very hard materials though is in terms of their processability if a material is good and hard it means that we can cleave it well, it also means that we can shape it well using mechanical processing so that paves the way towards achieving good coupling with fibers in and out of the devices as well as some techniques that we’re going to talk about for wave guide formation going forward.
So, a lot of our chemistry relates to creating these chromophores that maximize activity and minimize absorption, but then also optimizing the quality of the films when we combined chromophores or rare earth light erbium with polymer host materials as well, and there are going to be very important in wave guide devices.
What do we mean by wave guide devices? A wave guide is a good analog for a circuit in a – in electronics. It’s simply a channel that is etched into the material through which light passes and can propagate. In a passive device, the wave guides often interact with each other or they are, the length of them are varied to create a variety of different couplings or filtering kinds of phenomenon so passive wave guide devices include couplings, grading as well as a whole range of filters.
In the world of active devices we think in terms of things like external modulators, some photonic packet switches that we referred to earlier, as well as configurable passive devices, the idea of having a configurable optical add drop multiplexer is something that’s very desirable to provision services. A passive gain device is an amplifier, as a good example of that where we introduce erbium into a passive wave guide and that device has the affect of amplifying light signal coming out of the device.
This is what a passive wave guide might look like, this is a simply branch structure we would have the optical signal coming in from the left, diverging along the two branches and re-converging at the output end of the device. We could envision that we could have multiple branches with varying lengths which would change the propagation speed of light through the materials to create what we call arrayed wave guide grating, and we’re very good at creating low loss materials to create passive devices.
The active wave guide device, what we do is we attach an electrode and by applying a voltage to the electrode we can control the refractive index, or the speed of light traveling through one branch of the modulator, that allows us to then pulse the signal against the uninterrupted signal traveling through the other branch, and create a modulation phenomenon for the output. And this is in fact how we would encode electronic information into an optical signal. Everywhere you have an origin point of an optical signal, you have an external modulator that does exactly this. These can be arrayed to create various types of switches and filters as well.
Again, the strong point of the electro optical materials and devices developed by Lumera is that we’re unable to achieve unprecedented waves of bandwidth and switching speed with very, very low drive voltages, that is what you’re going to learn is a key characteristic for electro optic devices, and of course low optical losses are equally important.
So, this slide shows us again how we modulate light coming through the wave guide device, and we’ll move quickly here to a picture of an integrated structure.
We can integrate multiple wave guides on a single device to create what we call an integrated optical circuit, what are sometimes called planar light circuits, so here are a couple of photographs featuring multi channel wave guide modulators. And you can see that it’s simply that, there are multiple wave guides etched into the material we can therefore, in this instance I believe this is an 8 channel device so we could drive eight channels of optical transmissions through this type of circuit. Integration is extremely important for driving cost out of components, if we can put more cost, more components on a single sub-straight we can eliminate interconnect, we can eliminate non-linear effect coming out of the devices that has a huge cost and performance benefit to a system provider and ultimately to an end user of the system.
Historically though, integration of optical components, has really only occurred on a single layer in the integrated circuit world and electronics -- we’re use to thinking of integration as not being just planar, but also multi layer, and in fact we have pioneered some very novel work in vertical interconnects that allow us to stack layers. Now, we’ve talked about different types of devices, active devices like modulators and switches, passive devices like wave guide gratings or couplers, and gain devices such as optical amplification, and in principle one can see how then one could create integrated optical components that optimize the functionality of the device by stacking these layers.
For example, if we wanted to reduce loss in a device which integrated multiple active components we could simply create vertical interconnects to a passive layer with lower losses and reduce the loss budget for the integrated component as a result. This is a very, very powerful technique, it’s available to us with polymer materials because of their extreme processability and also because of the ease with which we can match multiple layers of varying types of materials, each optimized for its function in the integrated circuit.
The company’s commercialization plan really builds on this notation of building block modular technology. If we look at the functional building block we can refer to them as modulation, very high speed modulation, low loss passive wave guiding, wave guide amplification and switching and we can see how a variety of different types of discreet components come out of those.
So, for example, the product embodiment for modulation are high speed electro optical modulators, by high speed we mean 10 gigabits and up, moving very rapidly towards a 40 gigabit solution for that market window that emerging here, as well as 10 gigabit ether modulators, and filters and receivers for WDM transmission. The advantages of these components again are bandwidth, low cost, part of the cost benefit being delivered by integration, integration also has another benefit it’s difficult to actually to conceive of the size of some the optical components in use today.
But Wayne and I were talking the other day and he was talking to me about the size of the buildings that they used at Nextlink to house some of this equipment, and the miles of fiber that resides inside of these buildings, and the huge amounts of heat that are produced inside of these buildings, that’s a very expensive proposition when one has to put up with large size, lots of cable, and lots of heat, and so integration delivers a benefit not only in the reduced cost of the component but literally in the reduced amount of space that that component requires because you eliminate hundreds of fiber interconnect and you also eliminate significant amounts of heat.
So, these are very significant benefits, which this is why you hear these constantly as the themes of the optical components market place. Low loss passive wave guiding is something that many people are doing with a variety of different of type of materials, polymers lend themselves to it quite well because we can purify the materials and eliminate impurities that cause scattering loss, and it’s very easy for us to create very low absorption materials for passive wave guide structures. What is perhaps most interesting to us though is the value added that we get by integrating passive wave guide structures with active wave structures and that gets even more interesting when we start to integrate gain wave guides or wave guide amplification with it.
I mentioned earlier that we have doped some materials with erbium to create very high film quality erbium solutions that will enable us to create what we call an erbium doped wave guide amplifier, many of you have probably heard of erbium doped fiber amplifiers. Those are an important piece of a wave length division multiplex architecture because an erbium amplifier introduces gain across all of those channels simultaneously and without respect to their spectrum, so it’s transparent to the multiple wave lengths passing through the device.
What the wave guide amplifier, the erbium doped wave guide amplifier will allow us to do would be to reduce the size of those devices, find applications for them in many new areas because of the much lower cost and smaller size of these kinds of wave guide amplifiers. So that is a very exciting development and I think we’re going to see some developments in that area going forward that are going to be very meaningful to the market place as well.
So, as we take a look at what, how this might translate into a product roadmap there are really two themes that for us drive productization going forward, one of which is increasing levels of integration, we’ll start out by delivering some very important discreet components solutions to the market place at 40 gigabits and 10 gigabits, modulators the advantage again being that high bandwidth in the combination of small packets and low, low drive voltage, just as an analog 40 gigabits to drive a lithium niobate modulator at 40 gigabits today requires about 10 volts, that is cost prohibitive from a couple of perspectives.
It also make the device very difficult to integrate because in order to drive it from an electronic source you have to amplify signal to step it up to that 10 volt level. We would be looking to come in somewhere in the two volt or below range in terms of drive voltages, and that now gets you down to the arena where you can start talking very realistically about direct integration with integrated circuit technology which is a very, very exciting proposition.
So, as you look, as we move from left to right in this chart you’ll see two things, faster speeds and higher levels of integration. We’ll also start to see more polarization independent devices as we move further to the right and the market moves towards optical packets switched architectures to delivery the next generation of functionality of network control.
In addition to the faster speed that we can accomplish with these modulators we believe that at higher speeds return to zero switching is going to be very important, return to zero modulation. Both modes are in use today, what’s called NRZ or non-return to zero and RZ at two-and-a-half and 10 gigabits, it’s get more difficult to use non-return to zero at higher speeds, and in order to accomplish that you would like to have an integrated device that is smaller and has good depth of modulation, that’s going to increase your signal quality, make it resistant to noise accumulation and losses that passes through the system as well a variety of non-liner effects that are introduced. Low calorie 10 gigabit solutions for ether-net, wave guide amplifiers have a significant meaning in the market as its emerging now, as well as integrated devices and we’re looking to delivery both custom and standard devices to a variety of systems suppliers in the market place with that.
So, we believe that today as we look forward to the market in the next two years several important themes: integration is a pre-dominant theme, low drive voltage is certainly a part of that, but also being able to achieve 40 gigabit switching speeds for OC-768 applications, 10 gigabit per second ether-net is also a key driver as we want to drive up to connect the enterprise network with the longer distance network solution.
Some quick numbers here on the modulator market, lasers as some of you know are also directly modulated, as you can see the strong preference is for external modulators with a CW or a continuous wave laser. That’s simply because at higher data rates with a directly modulated laser, we introduce chirping and signal distortion that causes chromatic dispersion and other effects that limit the distance and the quality of the signal, so external modulation is very much here to stay, and very much the wave of the future especially as we go to higher bandwidths. It’s critical to be able to achieve that.
What we seen happening here, here’s a good graphical presentation of bandwidth really catching hold, you can see that the 10 gigabit market just in the last year has skyrocketed with respect to unit volumes for external modulators, catching up very rapidly to the two-and-a-half gigabit or the OC-48 modulators which are in the market today. You can see here that the actual revenue has dramatically eclipsed the revenue from two-and-a-half gigabit systems. This is really a good view of the S curve in action here, what you’re seeing is new technologies that are capable of delivering higher bandwidth certainly maintaining much higher value in the market place, and we expect to see the same exact pattern going forward these by the way are also attributed to RHK these numbers.
The next slide is going to give us a similar view of what’s projected to happen with erbium fiber amplifiers, it’s probably the best proxy for the erbium built wave guide amplifier market and again you can see this phenomenal growth here from $750 million last year to almost four billion by 2003, again as projected by RHK, and again we think we’ve got a very exciting offering in this environment with respect to the erbium doped wave guide amplifier.
So, as we look forward to what might be next for Lumera right now, we’re targeting delivering prototype devices to customers during the next year, some of those will likely be earlier with respect to some of the things that we demonstrate, internally. We will -- as soon as we have good stable devices, with the right operating characteristics, we`ll start shipping them to customers for testing, as well. But I think you`ll see some internal milestones, achieved, that are going to be very, very significant. We are particularly excited about some of the materials coming out of the laboratory, right now, and anxious to get those turned around, into devices, and we`ll start doing that very, very soon, here.
Commercial products, we`re scheduled to hit that market window in 2002. As I said, we believe that important offerings, at the time, are going to be 40-gigabit per second for OC-768 and 10-gigabit per second with the real growth in that arena for things like 10-gigabit Ethernet. We are looking at completing financing, here, in very short order. There is still, enormous demand for optical networking-related enterprises and we are having -- experiencing a great deal of interest, already, even prior to our public announcement, today. We anticipate that that will be something that we will wrap up, quite soon, here, during the current quarter.
In the area of technical results, we`re -- we don`t want to give any particular guidance, today. But again, we are seeing some really exciting work coming out of the laboratory. We do expect to report those results as we achieve them with, of course, due attention paid to protecting intellectual property, which we`ve been quite aggressive in doing, today. We`ve -- in fact, it`s worth noting that in a very short time, in addition to the intellectual property that we have licensed from the University of Washington, we`ve gotten a good start on a portfolio, in-house, that we think is terribly, terribly important to the space.
Going forward, we expect that the company will develop strategic relationships with its customers. Some of those customers may develop closer relationships with the company and I don`t want to say more than, stay tuned on that front. We`re very excited, again, about the level of interest that we`re seeing in the company from many people in the industry, today.
So in summary, what we have is a world leadership position with a platform technology that is enabling, at a fundamental level. While, today, many companies have component solutions, most of those component solutions are based on inorganic crystalline materials like lithium niobate and gallium arsenide. So no one really has the fundamental advantage in the way that a company like Lumera can, in particular, because the materials that we`re developing are proprietary.
We`ve got a world-class team, 10,000-plus foot facility that is state of the art. There are high-growth opportunities in multiple product categories of the component marketplace and we have a very aggressive timeline, in terms of commercializing this technology, which is really driven by an urgency of demand in the marketplace to achieve competitive benchmarks at the 40 gigabit level, in particular.
Thank you for participating, today. We think this is an exciting time for both, Microvision and Lumera. We`re looking forward to your continued participation with both companies. And we`re ready to turn this over to questions and answers.
OPERATOR: Thank you. The question-and-answer session will be conducted electronically. If you would like to ask a question, please press the star key, followed by the digit one on your touch-tone telephone. We will come to you in the order that you signal us. Once again, if you do have a question, it`s star-one on your touch-tone telephone.
We`ll pause, just a moment, to assemble our question roster.
We`ll take our first question from Greg Weaver of Kern Capital.
GREG WEAVER: Hi. Good morning. Maybe I missed it. I had to hop off a couple of times, but was their any financial criteria, mentioned, in terms of how you became a 75-percent owner. Could you take us through that?
RICK RUTKOWSKI: We really started the company as an internal subsidiary of Microvision. We contributed the dollars to build the facility, out, and to bring the staff on board and operate the company. And the company has also shared, modestly, some of our administrative resources, in particular.
GREG WEAVER: OK. Thanks.
OPERATOR: We`ll take our next question from Peter Jacobs of Ragan Mackenzie.
PETER JACOBS: Good morning, Rick.
RICK RUTKOWSKI: Good morning, Peter.
PETER JACOBS: The first thing, I guess I`d like to follow up, a little bit more, on the last question. Can you give us any kind of sense of how much Microvision has invested in Lumera, so far and what the future financing requirements might be? If you could just, basically, take us through, maybe, the end of next year, you know, as you -- about the transition from, you know, development to, actually, commercialization of the product.
RICK RUTKOWSKI: We have invested about three million dollars, to-date, and -- in the company. That is structured, partly, in the form of a note receivable to Microvision. In terms of the going forward, if we look at the -- we`ll be supporting research at the University of Washington. That will be a use of proceeds. The -- we will, also, be growing the size of the team, internally, and probably doing some scale-up of facilities, towards the late part of next year.
So I don`t have exact numbers, but if we drive off the staffing plan, you have about 12 people, today, going on 20, very rapidly, here, within the next month, or two and scaling to, probably, 100 people-plus, late, next year. That should, certainly, give you a flavor for the kind of numbers that we`re looking at.
With respect to what that means, in terms of financing strategy, we`re looking at this initial round of being in the neighborhood of $25-to-$30 million and that will be structured as a private placement of Lumera shares.
PETER JACOBS: What would that do to your ownership if you`re about a what, 75 percent owner of Lumera, now? After the financing, what do you see your ownership percentage dropping to?
RICK RUTKOWSKI: It`s too early to say, right now. We`ve got some term sheets on the table. I will tell you, I think we think that the valuation is encouraging to us, with respect to the demand that we`re seeing in the marketplace. And we look for, you know, good things, going forward, as well. But as soon as the -- I don`t think it will be long before that round is completed, given the level of demand that we`re seeing. And we`re certainly pleased with the valuation, and therefore, the dilution that we might incur in that first round.
PETER JACOBS: Well, if you talk about a range about 25 or 30 million -- if we could just kind of come back to the first part of the question, what do you think, on an operating basis, will be Microvision`s expense, in terms of helping fund Lumera, you know, through 2001? Can you put any kind of dollar value around it? Are we talking five million, ten million? Kind of give me a range or an idea.
RICK RUTKOWSKI: We won`t be contributing more capital, directly, in the company, but you`re trying to get what the consolidated earnings picture might look like. Is that right?
PETER JACOBS: Yes, or just what the cash outflow, too, might be for Microvision in supporting the research at the hub and any other kind of expenses that Microvision might incur.
RICK RUTKOWSKI: Those will be funded, directly, by Lumera, from the proceeds of the private placement. So Microvision doesn`t expect to use more its own resources.
PETER JACOBS: OK. To this point, forward, really, no Microvision resources will be allocated towards Lumera.
RICK RUTKOWSKI: From the completion of the -- from the time the financing is completed, which we expect to be, very shortly, here.
PETER JACOBS: OK. Great. And could you, also, talk a little bit about Lumera`s revenue, at this point. In the press release, there is some discussion about an Air Force contract and I was wondering how meaningful that is, how that came about and, you know, what the potentials relationships might be, there.
RICK RUTKOWSKI: I think it`s very meaningful from the standpoint of what`s happening, technically, there. These arrays of modulators that are being used create a phased-array antenna system, which has a huge range of potential application in satellite communications, ground-based wireless communication and, even, in the automotive area, as well as, of course, a whole variety of other weapons systems and defense kinds of applications.
How the relationship came about was, it was a solicitation for an SBIR, so it`s a small contract from the standpoint of the dollars, that are involved, there, but there`s a great deal of interest coming out of DOD. And we`re talking to at least three areas of DOD, right now, with respect to providing transportation materials and devices for similar kinds of applications and we`re going forward.
So too early to say, right now, what percentage of our business that`s going to be, going forward. Obviously, we`re keenly focused on the commercialization of telecommunications products, but there tends to be some good synergy between these two areas, as well. And the products, coming out of the phased-array world really do have significant application on -- in commercial telecommunications.
A short version of that is, if you can shape the beam, coming off of any antenna, you can do an awful lot to maximize bandwidth and reduce the operating costs of a ground-based wireless system. So that`s a very, very significant development that we`re looking at.
PETER JACOBS: At what point do you think you`ll be able to give us some guidance on the revenue and earnings impact on Microvision of the Lumera subsidiary over the next year?
RICK RUTKOWSKI: It`s hard to say, right now. I think we`ll have a clearer picture after we`ve completed the financing. One of the reasons for that is, depending upon who might get engaged in that financing, it might impact how aggressive our operating plan is. So we`ll be able, I think, talk more meaningfully about that in very short order, here.
PETER JACOBS: OK. And lastly, and I`ll let somebody else have a shot, here. Todd McIntyre, his position as Vice President of Business Development with Lumera, what`s that, then mean, for Microvision because I believe that was the position that he had previously held with Microvision?
RICK RUTKOWSKI: Yes. He`s in an acting capacity at Lumera, right now, and still holding his position at Microvision. Really, the role is consistent with his -- Todd`s role at Microvision which was, in fact, to identify opportunities like the opportunity in MEMS component technology and its opportunities. So we, actually, would -- if we were to describe this activity, we would say that this is a real success for the business development group at Microvision, having brought Lumera online. So as Todd continues to bring in more dedicated resources to Lumera, he will be back, looking for the big thing.
PETER JACOBS: Will he, then, be acting in this dual role thing, going forward, or is the idea to find a replacement in one of those two roles?
RICK RUTKOWSKI: Yes. The idea would be to find a replacement in one of the two and as of right now, we would be looking for -- to bring management into Lumera.
PETER JACOBS: OK. Great. Thanks, Rick.
RICK RUTKOWSKI: Thank you, Peter.
OPERATOR: We`ll take our next question from Bill Relyea, Josephthal & Company.
BILL RELYEA: Good morning.
RICK RUTKOWSKI: Good morning, Bill.
BILL RELYEA: A couple of questions. Could you discuss, sort of, the range of coverage of the patents or patent that have been filed for, by the team at the University of Washington and what your team seems to be doing. And relate that to what kind of competition could develop over the next couple of years.
RICK RUTKOWSKI: OK. I`m going to let Casey Tegreene, who is Microvision`s Intellectual Property Counsel, answer that question.
CASEY TEGREENE: There`s a couple of views to that. First, remember there is the University of Washington`s patent application and then there`s the Lumera patent application and together, they cover a range of materials and devices. So the University of Washington patent applications cover, essentially, a lot of developments that have been done by Dr. Dalton and his group over there and, as well, as many devices as that could be applied to.
At the same time, the Lumera patent application covers some of the developments that we have been producing, here -- some of the devices. We`ve also kept our eyes open for other intellectual property that might be out there, in the market. We found things that might be of interest. Haven`t really gone to -- haven`t found anything that`s gotten us interested enough to buy it, yet.
We`re comfortable with our position, relative to other companies` intellectual properties. Looked at some of the things that are out there and don`t believe they are a serious impediment to our plans, going forward.
RICK RUTKOWSKI: There`s a lot of proprietary art in terms of how we optimize film quality. There are a variety of different chemical processes and chemical structures that we, literally, engineer at the molecular level. So we think there`s a lot of good technology, as well as -- you know, one example is the technique of shaping chromophores, and the specific means by which we implement that. So we think there is some very significant pieces of intellectual property that are really at the heart of, you know, why Dalton and Robinson and Tim Londergan and the group, here, Jingsong too here are so far ahead of what`s happening in this field, outside of here.
BILL RELYEA: Great, could you, also, talk about the manufacturer ability of these materials and the devices and what kind of -- how difficult the capital expansion would be, compared with other advanced electronics, you know, facilities?
RICK RUTKOWSKI: Bill, in terms of scalability of the processes, they scale quite well. Keep in mind, here, we`re talking about volumes in the hundreds of thousands and low millions, ultimately, of devices. We`re also talking about feature sizes that are considerably larger than what we think of with, you know, 0.13 micron features and numbers of circuits -- of integrated circuits, today.
So as a sort of a general comment, it is substantially less capital intensive than integrated circuit production, going forward. And of course, it`s a formula in which the unit value of each chip is substantially higher, but the required volumes are probably lower at the end of the day. So that, to us, is a good formula because there`s -- it means that there`s really good value-added for every unit of capital manufacturing capacity.
BILL RELYEA: OK. And just one, last question. If you looked five, six years, out, from here, which part of the company would you guess might be larger, the Microvision part in displays and input devices or, the Lumera part?
RICK RUTKOWSKI: That`s a high-class problem, as Wayne has said, over here. But I think it`s an interesting question, as well. I mean, both of these have significant opportunities. We use electronic displays everywhere where we want to get information out of system. We use input devices everywhere we want to get information into a system and we use these kinds of components when we want to push that information through the system.
So you know, you can see, I guess our plan for world domination, I hope the FTC`s not listening, is to really have optics from end-to-end, of that change. We see those as two, different businesses. And you can really describe the difference between Lumera and Microvision as, Microvision being on the transducing end, at either end of the system, input and output and Lumera, being on the signal processing side, inside the system, processing those optical signals, going through it. I don`t think either of those businesses has anything to worry about, in terms of the future market opportunity because there`s really requirement for better solutions, all the way through.
BILL RELYEA: Great. Thanks very much.
OPERATOR: I`ll take our next question from Peter Reiss, Paulson Investment.
RICK RUTKOWSKI: Good morning, Peter.
PETER REISS: Hi, Rick. Manufacturing of these products, are you planning to do that, in-house, or contracted, out? And if you`re doing it, in-house, how much of a capital commitment would it take?
RICK RUTKOWSKI: It`s -- we just talked about that, a little bit. It`s a pretty modest capital commitment of the capital budget that we described, earlier. Some of that processing capacity is already in place. So and again, because of the relatively low volumes, required, initially, on these devices. So it is something we plan to do, in-house, especially in the short term. The value-added is not only in terms of the additional profitability that you get from turning the materials into devices, it also stems from the fact that they`re proprietary process technologies that we can bring to bear on making these devices. So you have a barrier to entry around that, as well.
PETER REISS: And do you plan, after this financing -- are you -- is your goal, still, to remain a majority shareholder in this?
RICK RUTKOWSKI: Absolutely.
PETER REISS: OK. Thank you.
OPERATOR: I`ll take our next question from Mike Norinsberg, Nature`s Best Produce.
MIKE NORINSBERG: Hi. Good morning. Congratulations, Rick. Just -- was just wondering if this is a high-speed device that it is obvious that the other fiber optic companies like a Nortel, a Cisco, a Corning, they might -- your phone must be ringing off the hook.
RICK RUTKOWSKI: Well, we`ve had considerable interest from major players in the industry and, in particular, since the publication of the science article, in April. Dr. Dalton has, indeed, been flooded from around the world with requests for materials and devices.
MIKE NORINSBERG: How did you prevail?
RICK RUTKOWSKI: We`re a Washington-based company in electro-optics that had a -- I think, a strategy that was very, very appealing, in terms of understanding that we needed to integrate the materials and device-design and fabrication, with a proximity to the University of Washington, I think, was an important aspect of that, as well as our ability to mobilize resources, very quickly and without the conflicts that you might encounter in another company. Other companies who have business in lithium niobate modulators might be tempted to manage the introduction of a disruptive technology like this. And so, I think there`s real merit to the idea that you want to have this in an independent entity.
MIKE NORINSBERG: I see. Have you been contacted by other -- you know, some of these giants in terms of doing some sort of joint venture?
RICK RUTKOWSKI: As I mentioned, the interest in the technologies has been considerable. We, obviously, don`t want to say more than that, right now, other than that we think strategic partnering can make a good deal of sense in this arena and we`ll keep you informed as we go forward.
MIKE NORINSBERG: Terrific. Thanks. Congrats.
RICK RUTKOWSKI: Thanks.
OPERATOR: We`ll take our last question from Marcelo Desio, Willow Creek Capital.
RICK RUTKOWSKI: Good morning.
MARCELO DESIO: Yes. Hi. Good morning. If you`ll give us a little bit of an idea of what -- you`ve obviously spent about three million dollars, you said, so far and there`s going to -- there has to be some kind of financial impact at this quarter and next quarter. You`re still spending money. Can you just try to guide us what the bottom-line impact is going to be for Microvision, at least, in, you know, this quarter, next quarter and 2001, if you can. That would be great. Thanks.
RICK RUTKOWSKI: Yes. We`re going to have our quarterly earnings conference call on Thursday. We can provide you that guidance at that time, if that works for you. It`s a few pennies, I think, in this quarter. For the most part, we`ve tried to build this into, certainly, expectations for the short-term, in any case. And a fair amount of it was -- Richard Raisig is pointing out, it`s capital expenditures. So that would show up in the -- on the balance sheet.
MARCELO DESIO: All right. Thank you.
RICK RUTKOWSKI: Thank you.
OPERATOR: This concludes the question-and-answer session. At this time, I`d like to turn the call, back over to Rick, for additional closing remarks.
RICK RUTKOWSKI: Thank you very much for participating, today. I do want to mention, for anyone on the call, that has an interest, that Microvision will be presenting at the American Electronics Association Conference in San Diego, one week from today.
So Monday and Tuesday, the sixth and seventh of November, there are a series of presentations on those two days. We will be, also, coordinating some more detailed discussions of Lumera, at that time, as well. So if you would like to talk with us and learn more about the company, we`re looking forward to getting in front of lots of folks, next week, to describe this.
We`re excited. We hope you are. We think this is a terrific opportunity, as we go forward, and thank you, again, for participating, today.
OPERATOR: This concludes today`s teleconference. You may now disconnect.
END
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Quele: www.lumera.com (75% subsidary of microvision - mvis)
Formal Launch of New Subsidiary - Conference Call Transcript, Oct. 30, 2000
Moderator: Holly Ash
October 30, 2000
10:00 a.m. CT
OPERATOR: Good morning and welcome to the Lumera conference call. Lumera Corporation is a subsidiary of Microvision, Inc., that was formerly launched this morning. Today`s conference is being recorded.
At this time, for opening remarks and introductions, I would like to turn the call over to the Director of Investor Relations, Ms. Holly Ash. Please go ahead.
HOLLY ASH: Good morning. I would like to welcome everyone to this special conference call as we announce the formal launch of our new subsidiary, Lumera. The press release was distributed before the market opened today. If you do not yet have a copy of the release, please call our office at 425-415-6758 and we will send you one following the call. We`ll begin with the discussion of Lumera`s technology and then we`ll be available to take your questions.
Before I turn the call over to management, I would like to remind you that during the course of this conference call management may make projections or other forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that these statements are only predictions and that actual events or results may differ materially.
We refer you to the documents that the company files from time to time with the SEC, specifically the company`s most recent Form 10K and Form 10Q. These documents contain and identify important factors that could cause actual results to differ materially from those contained in management`s projections or forward-looking statements.
I would now like to turn the call over to Microvision`s CEO and President, Rick Rutkowski.
RICK RUTKOWSKI: Good morning, everyone. Thank you for joining us this morning. This is an exciting time. We`ve been engaged for the last several months in an enterprise which we feel is going to launch the world into a new era of connectivity and bandwidth.
One way to think about Lumera is to think about a company that is literally creating the materials that ultimately are going to enable integrated micro photonics. And certainly that`s going to have a bearing on the optical component marketplace as it relates to fiber optic communications. It will also have a bearing on a variety of other markets where optical signal processing can be applied, in particular, because of the very fast switching rates that can be achieved by the technology.
We`re going to go through a presentation this morning that will describe to you the company, the technology, some of the people involved, and the strategy in brief. And then we’ll walk through some of the elements of the market opportunity and the key drivers for the optical component marketplace, followed by a discussion of the technology basics, both with respect to materials and devices. We’ll then bring that together with a discussion of the commercialization plan for Lumera and some of the milestones that we will look forward to. So, again, it`s an exciting time. We look forward to you joining us on this next phase of our adventure. I think you will see great things going forward coming out of Lumera.
The company is based on a proprietary technology for electro-optic materials, and our first slide here talks about Lumera`s mission with reference to that technology. If we look at the three bullets, the things we can pull out are proprietary optical polymers that are the basis of unique kinds of electro-optic devices, component solutions delivered to system suppliers. That`s who our market is.
We`ll be handing off packaged component solutions, custom and standard parts, to system suppliers and that’s something that is very important here: the fact that Lumera is truly unique in combining the most advanced polymer chemistry in the world with the device design and fabrication capabilities in house. That`s very significant, not only because of the sustainability of the advantage that we can create, but also because of the rapid turn times and quality control that we can achieve by integrating those two activities under one roof.
When we speak in terms of the company`s core technical capabilities, we`re going to talk about several aspects of the chemistry and materials development as -- oh, I`m sorry. I skipped a slide here; just a few brief bullets.
Lumera is a subsidiary of Microvision. We are located in Bothell, Washington. The company was founded earlier this year and currently occupies just under 11,000 square feet of office, laboratory, and pilot fabrication space. We also have some exclusive licenses to core intellectual property coming out of the University of Washington.
The company`s capabilities are in the area of what we call chromophore materials, chemistry, and polymer material chemistry. We`ll describe later how chromophores are integrated into polymers to create electro-optic devices. We also have the capability of characterizing those materials and doing characterizations very rapidly. One of the key capabilities coming out of the University of Washington that was a significant breakthrough in the field was to be able to model them mathematically and predict the outcomes of new materials that has allowed us to move very rapidly in developing multiple generations of optical materials.
The optical wave guide and electronic design of the devices are capabilities that we have in house as well as the ability to process micro structures using both photolithographic graphic techniques as well as mechanical techniques like deep reactive ion etching. And the materials lends themselves to both of those kinds of processing capabilities because we do harden the materials.
The company`s strategy is to supply both standard and custom components to systems` providers in multiple categories for optical component products. And these are all, as you`re going to see in just a moment, very high-growth areas in the marketplace. We believe we can maintain technology leadership in chromophore and polymer materials. We`ve established a significant lead already in the area and have substantial amounts of intellectual property. We also feel that our coordination and integration of materials and device development, under a single roof, is both unique and significant, with respect to our strategy. And, of course, the key aspect of our strategy is to extend that early lead by staying on a very rapid development path and we`ve been very successful in doing that to date. The pace of development, internally, is quite impressive and I think you`ll see more about that as we go forward.
The company is fortunate to have, as a research partner, the team of Larry Dalton and Bruce Robinson at the University of Washington. These gentlemen are two of the most widely published scientists in the field of polymer electro-optics. They are also widely acknowledged as being far out in front of anyone in the world with respect to what they`ve achieved and with respect to some of the fundamental theoretical groundwork that they have laid in condensed matter theory that has given rise to these new materials. And they’ve broken some of the log jams that existed heretofore in polymer technology.
On our staff, internally, Lou Bintz is the Senior Polymer Photonics Engineer. We have several senior chemical engineers in the areas of chromophores and polymers. Diyun Huang, Tim Londergan, Galina Todorova and Jingsong Zhu are our staff of Senior Chemists, internally. Hillary MacDonald, who is with us this morning is a Product Manager. Todd McIntyre in the role of business development. And John Zhang, performing characterization of the materials. So we do have the full set of senior staff in place, covering all of the bases from materials -- chromophore materials to polymer materials, up through materials characterization and device formation.
We`re also fortunate to have with us this morning on the call, two other members of the company`s board of directors, Bill Owens, who many of you know is a Microvision Director, formerly the Vice Chairman of the Joint Chiefs of Staff, Chief of Naval operations for the United States Navy, President of SAIC, currently Vice Chairman of Teledesic and someone who is very tuned into the changing needs of technology and bandwidth requirements. And you`ll learn also that some of the things that Lumera is doing do, in fact, apply to wireless satellite communications and ground-based wireless communications, as well.
Another gentleman with an illustrious career in the telecommunications arena is Wayne Perry, who is here with us this morning. Wayne was President and CEO of McCaw Cellular, which then became AT&T Wireless Communications where Wayne served as Vice Chairman. Wayne was President and CEO of Nextlink, became Vice Chairman of Nextlink, and we are now fortunate to count Wayne among the members of Lumera`s board of directors. The other directors are myself and Bob Ratliffe and we will be adding a nominee from the University of Washington, subject to our license agreement with the University, that has not been named just yet.
I want to now discuss what is really driving demand for fiber optic components and, in particular, new types of fiber optic components. This is a table that shows, really on a relative scale -- the numbers on the left-hand side don`t relate to terabytes. Someone may have those figures handy because they`re quite impressive. But equally impressive is just looking here at the growth curve for IP type of communication. And what we can see happening here as we emerge from 2000 going forward, is that IP communication, the realistic mode, which is the green model, and the optimistic, which is the yellow line, are rapidly eclipsing voice traffic on the network. That`s driven by an explosion in Internet usage just in terms of the number of users. It`s also driven by increased requirements for media type of traffic.
So we want to now download files that have lots of graphics. We`d like to be able to download full motion video. We`d like to be able to do it a lot faster than we can today. So the notion that there is a bandwidth glut, I think, is somewhat amusing. It`s certainly not something I`ve personally experienced when sitting at my desktop.
We`ve got a long ways to go in terms of delivering the kind of bandwidth that is necessary. Not only do we have a long ways to go in terms of delivering that on long-haul trunks, but, as we`ll see, the growth in fiber optic communications is about driving down into new levels of the network, as well as increasing bandwidth on the existing installed fiber.
There are several network evolution strategies that are being employed by network operators and systems providers to meet that bandwidth demand. One of them is what we call wavelength division multiplexing. That`s where, instead of having four channels on a single fiber, we have 80 or 100 channels on a single fiber. It makes good economic sense because it leverages the fiber in the ground and delivers a lot of parallel streams of data to increase bandwidth.
Another strategy for increasing bandwidth is to just increase the bit rate of the data stream moving through the fiber and, indeed, we`ve seen progression from two-and-a-half gigabit systems to 10 gigabit systems. OC-192 is a 10 gigabit standard. As we look forward in the next iteration, OC-768 or 40 gigabits per second, as well as things like 10 gigabit per second ethernet are going to be key drivers for faster transmission speed. And, of course, if we combine multiple channels with faster transmission speed, we get a multiplier effect.
So, the ability to deliver more bandwidth comes from both of those areas. And, of course, what that implies is that there are increased numbers of components because of the increased numbers of channels and because of the increased number of nodes as we move from long-haul down into metro access through enterprise and, ultimately, to fiber to the home.
And, of course, all of these things will demand, on the one hand, more sophisticated components with respect to the optical signal processing quality and speed. They`ll also demand components that are more highly integrated so that they are physically smaller, produce less heat and cost less. And, in particular, as we want to drive the network from long-haul right to the home, those are going to be important characteristics and those are the characteristics that Lumera`s materials enable in optical component devices.
Components are also evolving to support these new networks, these new multi-channel, faster bit rate networks. And, of course, to support faster bit rates on the fiber, we actually need to provide components that can operate at faster cycle times, as well. So, in the last two or three years -- this has happened very, very rapidly, we`ve seen the world of networking move from a -- an OC-48 standard or two-and-a-half gigabit per second to OC-192 or 10 gigabits per second, literally overnight.
And one of the reasons that Northern Telecom was able to steal the march strategically on the market was because they moved very early into the 10 gigabit per second domain. The 40 gigabit per second domain is the next strategic milestone and the next competitive benchmark for optical networking. So it`s going to be equally important, from a strategic perspective, for participants in the arena.
In addition to requiring faster bit rates, we want to have optical component solutions that are smaller and more cost effective. There are two ways to achieve this -- one is by integrating multiple components onto a single chip package and achieving both reduced cost and size versus bulk optics by performing that integration. The other is simply using materials that will enable smaller devices that are, in fact, cheaper themselves. So even discreet devices, like modulators, can be made less expensively with the right materials. And we believe Lumera has exactly that -- the right materials.
As we go forward, the next step in the evolution of optical networks is to get away from the circuit switched architecture that is currently common and go towards a packet switched architecture for intelligent networks. That`s going to require very, very fast switching speeds. We`re talking about switching speeds that get down into the sub-nanosecond and the picosecond kinds of range. When people think in terms of the MEMS cross connect switches that are available today, these are very different types of switches. Those switches are for large numbers of ports, at relatively slow speeds -- millisecond kinds of switching speeds. So, in order to actually do packet switching, in the optical domain, we need very, very fast switching speeds that are capable of routing traffic on a packet by packet basis.
The next slide is a view of the how the component marketplace breaks out today. As you can see, there are several categories. One that we`re going to talk about in particular is external modulators. That`s going to be our first line of attack with 40 gigabit per second external modulators that we intend to commercialize from Lumera. But, in many of these other component categories, there`s great potential for Lumera devices. Passive devices we will talk about. We`ll also talk about wave-guide amplifiers, which aren`t really captured in this particular assessment. They`re not really treated as part of the component marketplace by this analyst. This is produced by RHK, by the way. I note that the source is not noted here.
So, you can see that this is a market which is reasonably large today -- $5 billion -- but, of course, a great deal of the excitement is the growth rate of this market that is moving to, very quickly, a $23 billion level by about 2003 and projected to reach as much as $150 billion shortly thereafter, by 2005. These are staggering growth rates. You can see that a good bit of this growth is coming from terrestrial DWDM, not your long-haul network. We`re moving these networks into the metro access and subscriber loop arenas. And there`s a lot happening that really isn`t reflected yet in these numbers with the gigabit ethernet and fiber channel, as well.
So, as we talk about these sorts of component devices, one has to ask the question why are materials so important to optical components? Well, in short, the properties of the materials themselves -- the electro-optic characteristics of the materials -- directly govern how fast you can modulate or switch an optical signal. They directly govern how much current is required to drive the component. They directly govern optical losses in the component. They directly govern the size of the component, the cost of the component in two ways -- one, because certain materials will allow higher levels of integration, which means that we can produce lower cost components and certain materials are more easily processed than others. And Lumera scores very well in both of these categories. Our materials are highly processable because they are polymer-based materials and they also lend themselves very well to higher levels of integration.
Device reliability is also directly impacted by the properties of the materials. And so, as you can see, really at bottom, materials dictate every significant operating characteristic of an optical component device. If we want to look at Lumera`s materials, compared to the existing materials that are currently used for external modulators and other types of wave guide array product – gallium arsenide and lithium niobate -- this table compares several key figures, with respect to materials characteristics that directly govern the characteristics of devices. And, as you can see, electro-optic coefficients are substantially higher than lithium niobate, which is, in term, substantially higher than gallium arsenide. That`s going to directly govern how fast and with how little power we can modulate a signal, propagating through a wave-guide.
Dielectric constant and refractive index -- if you`ll notice, what`s interesting about our materials is that we have a low dielectric constant and a low refractive index. A low refractive index means that light moves very fast through the materials. A low dielectric constant means that we don`t need much voltage to impact that movement. What`s very, very important here is that those two numbers are close together. If you look at the dielectric constant of two-and-a-half to four, compared to the refractive index of 1.6 to 1.7, and then look across at lithium niobate, which has a higher refractive index, but a dielectric constant, which is literally 10 times that of our material. That mismatching is also important. You want your electrical signals and your optical signals to propagate through the materials at the same kind of speed to maximize the device functionality. That translates into the significantly higher figure of merit, which includes both of those -- dielectric constant and refractive index of the four milli to derive it.
In optical loss, the materials are quite competitive. We are still moving towards the 0.2 dB per centimeter that lithium niobate currently enjoyed. But, obviously, doing much better than the losses that one experiences with gallium arsenide. And we`ve been really pleased with the results in thermal stability and optical power that we`ve been able to achieve in these devices.
One of the key breakthroughs for Lumera had to do with solving a couple of important tradeoffs that had really characterized polymer development for many years. And the first of those is, on the one hand, you want to maximize the electro-optic activity of a material. And, on the other hand, you want to minimize the -- how much light is actually absorbed in the bandwidth that you`re utilizing in the material.
We have created a unique approach to engineering the chromophores, that allows us to create materials that are both highly electro-optically active. If you refer back to our electro-optic coefficient, you can see the kinds of activities that we`re achieving -- and by doing what we call blue shifting the materials -- we can minimize how much of the 13, 10 and 15, 50 wavelengths are absorbed by these materials. So that gives us very good loss characteristics as well as very fast switching speeds and low dry voltages.
Scattering loss is something that is characteristic of materials, as well. And, in particular, it tends to be related to defect in the film itself. So, in forming thin film materials, crystalline formations or electro-static interactions between molecules, we can create what we call micro-domains that cause light to scatter as it passes through a wave-guide and they also cause non-uniformity from device to device. So being able to achieve high quality films is extremely important to achieving high-quality devices with low losses.
I`m going to describe to you now a real breakthrough that Dalton and Robinson pioneered that was reported widely in April of this year in Science and Magazine and in a variety of publications worldwide -- technical and business publications. One of the key challenges with chromophores is that on the one hand you want to put a lot of the active chromophore into the polymer material. On the hand, because the materials have a high activity, they tend to want to jump together and stick together and cluster as you see in this image. We have what we call dipole moment -- the positive and negative charge on each end of the molecule. But when we want to order these things into rows, we encounter clustering or aggregation within the materials and that, in turn, increases dry voltages and increases optical loss in the material. So we`d like to be able to get to high levels of chromophores without these electrostatic interactions.
The technique that Dalton and Robinson first modeled and then performed on, was to shape the chromophores to minimize the lateral interaction between the charges so that indeed they can be aligned along their polar orientation and we can maximize the high concentrations that we desire to have in active devices.
So, this really again, comes back to how can we achieve a device that has very, very fast switching speeds, very low drive voltages, and very low optical losses. This is one of the key approaches that we take to that. There’s a lot of proprietary chemistry, some core chemistry in terms of the idea of shaping chromophores using certain types of chemical structures, and there are specific methods by which we engage in shaping those chromophores and deriving the chromophores themselves.
We also do proprietary work to optimize the quality of films, and this relates to, as I said, the idea that you want a high concentration of the active chemical, but you also want uniformity in the film. We talked about controlled ordering by applying the technique of shaping the chromophores that allows us to achieve a controlled ordering at high concentrations, we also use techniques to eliminate defects and micro structures within the material, we have achieved soluble of erbium in polymer host materials and we have very good quality films at room temperature that paves the way for erbium built wave guide amplifiers unlike any that we’ve seen today. And that film quality is all important if you get these crystal and micro structures that will translate to optical loss. We also do work to eliminate impurities such as hydrocarbons within the materials, and that as it has done in silicon glass fiber increases the efficiencies in materials for transmitting light.
Another key element of film quality is how hard we can make these films, we’ve use cross-linking techniques to create stable materials that should remain stable not only through the processing of the devices, but also in rigorous operating environments where they’re subjected to temperature change and light. The other benefit of having very hard materials though is in terms of their processability if a material is good and hard it means that we can cleave it well, it also means that we can shape it well using mechanical processing so that paves the way towards achieving good coupling with fibers in and out of the devices as well as some techniques that we’re going to talk about for wave guide formation going forward.
So, a lot of our chemistry relates to creating these chromophores that maximize activity and minimize absorption, but then also optimizing the quality of the films when we combined chromophores or rare earth light erbium with polymer host materials as well, and there are going to be very important in wave guide devices.
What do we mean by wave guide devices? A wave guide is a good analog for a circuit in a – in electronics. It’s simply a channel that is etched into the material through which light passes and can propagate. In a passive device, the wave guides often interact with each other or they are, the length of them are varied to create a variety of different couplings or filtering kinds of phenomenon so passive wave guide devices include couplings, grading as well as a whole range of filters.
In the world of active devices we think in terms of things like external modulators, some photonic packet switches that we referred to earlier, as well as configurable passive devices, the idea of having a configurable optical add drop multiplexer is something that’s very desirable to provision services. A passive gain device is an amplifier, as a good example of that where we introduce erbium into a passive wave guide and that device has the affect of amplifying light signal coming out of the device.
This is what a passive wave guide might look like, this is a simply branch structure we would have the optical signal coming in from the left, diverging along the two branches and re-converging at the output end of the device. We could envision that we could have multiple branches with varying lengths which would change the propagation speed of light through the materials to create what we call arrayed wave guide grating, and we’re very good at creating low loss materials to create passive devices.
The active wave guide device, what we do is we attach an electrode and by applying a voltage to the electrode we can control the refractive index, or the speed of light traveling through one branch of the modulator, that allows us to then pulse the signal against the uninterrupted signal traveling through the other branch, and create a modulation phenomenon for the output. And this is in fact how we would encode electronic information into an optical signal. Everywhere you have an origin point of an optical signal, you have an external modulator that does exactly this. These can be arrayed to create various types of switches and filters as well.
Again, the strong point of the electro optical materials and devices developed by Lumera is that we’re unable to achieve unprecedented waves of bandwidth and switching speed with very, very low drive voltages, that is what you’re going to learn is a key characteristic for electro optic devices, and of course low optical losses are equally important.
So, this slide shows us again how we modulate light coming through the wave guide device, and we’ll move quickly here to a picture of an integrated structure.
We can integrate multiple wave guides on a single device to create what we call an integrated optical circuit, what are sometimes called planar light circuits, so here are a couple of photographs featuring multi channel wave guide modulators. And you can see that it’s simply that, there are multiple wave guides etched into the material we can therefore, in this instance I believe this is an 8 channel device so we could drive eight channels of optical transmissions through this type of circuit. Integration is extremely important for driving cost out of components, if we can put more cost, more components on a single sub-straight we can eliminate interconnect, we can eliminate non-linear effect coming out of the devices that has a huge cost and performance benefit to a system provider and ultimately to an end user of the system.
Historically though, integration of optical components, has really only occurred on a single layer in the integrated circuit world and electronics -- we’re use to thinking of integration as not being just planar, but also multi layer, and in fact we have pioneered some very novel work in vertical interconnects that allow us to stack layers. Now, we’ve talked about different types of devices, active devices like modulators and switches, passive devices like wave guide gratings or couplers, and gain devices such as optical amplification, and in principle one can see how then one could create integrated optical components that optimize the functionality of the device by stacking these layers.
For example, if we wanted to reduce loss in a device which integrated multiple active components we could simply create vertical interconnects to a passive layer with lower losses and reduce the loss budget for the integrated component as a result. This is a very, very powerful technique, it’s available to us with polymer materials because of their extreme processability and also because of the ease with which we can match multiple layers of varying types of materials, each optimized for its function in the integrated circuit.
The company’s commercialization plan really builds on this notation of building block modular technology. If we look at the functional building block we can refer to them as modulation, very high speed modulation, low loss passive wave guiding, wave guide amplification and switching and we can see how a variety of different types of discreet components come out of those.
So, for example, the product embodiment for modulation are high speed electro optical modulators, by high speed we mean 10 gigabits and up, moving very rapidly towards a 40 gigabit solution for that market window that emerging here, as well as 10 gigabit ether modulators, and filters and receivers for WDM transmission. The advantages of these components again are bandwidth, low cost, part of the cost benefit being delivered by integration, integration also has another benefit it’s difficult to actually to conceive of the size of some the optical components in use today.
But Wayne and I were talking the other day and he was talking to me about the size of the buildings that they used at Nextlink to house some of this equipment, and the miles of fiber that resides inside of these buildings, and the huge amounts of heat that are produced inside of these buildings, that’s a very expensive proposition when one has to put up with large size, lots of cable, and lots of heat, and so integration delivers a benefit not only in the reduced cost of the component but literally in the reduced amount of space that that component requires because you eliminate hundreds of fiber interconnect and you also eliminate significant amounts of heat.
So, these are very significant benefits, which this is why you hear these constantly as the themes of the optical components market place. Low loss passive wave guiding is something that many people are doing with a variety of different of type of materials, polymers lend themselves to it quite well because we can purify the materials and eliminate impurities that cause scattering loss, and it’s very easy for us to create very low absorption materials for passive wave guide structures. What is perhaps most interesting to us though is the value added that we get by integrating passive wave guide structures with active wave structures and that gets even more interesting when we start to integrate gain wave guides or wave guide amplification with it.
I mentioned earlier that we have doped some materials with erbium to create very high film quality erbium solutions that will enable us to create what we call an erbium doped wave guide amplifier, many of you have probably heard of erbium doped fiber amplifiers. Those are an important piece of a wave length division multiplex architecture because an erbium amplifier introduces gain across all of those channels simultaneously and without respect to their spectrum, so it’s transparent to the multiple wave lengths passing through the device.
What the wave guide amplifier, the erbium doped wave guide amplifier will allow us to do would be to reduce the size of those devices, find applications for them in many new areas because of the much lower cost and smaller size of these kinds of wave guide amplifiers. So that is a very exciting development and I think we’re going to see some developments in that area going forward that are going to be very meaningful to the market place as well.
So, as we take a look at what, how this might translate into a product roadmap there are really two themes that for us drive productization going forward, one of which is increasing levels of integration, we’ll start out by delivering some very important discreet components solutions to the market place at 40 gigabits and 10 gigabits, modulators the advantage again being that high bandwidth in the combination of small packets and low, low drive voltage, just as an analog 40 gigabits to drive a lithium niobate modulator at 40 gigabits today requires about 10 volts, that is cost prohibitive from a couple of perspectives.
It also make the device very difficult to integrate because in order to drive it from an electronic source you have to amplify signal to step it up to that 10 volt level. We would be looking to come in somewhere in the two volt or below range in terms of drive voltages, and that now gets you down to the arena where you can start talking very realistically about direct integration with integrated circuit technology which is a very, very exciting proposition.
So, as you look, as we move from left to right in this chart you’ll see two things, faster speeds and higher levels of integration. We’ll also start to see more polarization independent devices as we move further to the right and the market moves towards optical packets switched architectures to delivery the next generation of functionality of network control.
In addition to the faster speed that we can accomplish with these modulators we believe that at higher speeds return to zero switching is going to be very important, return to zero modulation. Both modes are in use today, what’s called NRZ or non-return to zero and RZ at two-and-a-half and 10 gigabits, it’s get more difficult to use non-return to zero at higher speeds, and in order to accomplish that you would like to have an integrated device that is smaller and has good depth of modulation, that’s going to increase your signal quality, make it resistant to noise accumulation and losses that passes through the system as well a variety of non-liner effects that are introduced. Low calorie 10 gigabit solutions for ether-net, wave guide amplifiers have a significant meaning in the market as its emerging now, as well as integrated devices and we’re looking to delivery both custom and standard devices to a variety of systems suppliers in the market place with that.
So, we believe that today as we look forward to the market in the next two years several important themes: integration is a pre-dominant theme, low drive voltage is certainly a part of that, but also being able to achieve 40 gigabit switching speeds for OC-768 applications, 10 gigabit per second ether-net is also a key driver as we want to drive up to connect the enterprise network with the longer distance network solution.
Some quick numbers here on the modulator market, lasers as some of you know are also directly modulated, as you can see the strong preference is for external modulators with a CW or a continuous wave laser. That’s simply because at higher data rates with a directly modulated laser, we introduce chirping and signal distortion that causes chromatic dispersion and other effects that limit the distance and the quality of the signal, so external modulation is very much here to stay, and very much the wave of the future especially as we go to higher bandwidths. It’s critical to be able to achieve that.
What we seen happening here, here’s a good graphical presentation of bandwidth really catching hold, you can see that the 10 gigabit market just in the last year has skyrocketed with respect to unit volumes for external modulators, catching up very rapidly to the two-and-a-half gigabit or the OC-48 modulators which are in the market today. You can see here that the actual revenue has dramatically eclipsed the revenue from two-and-a-half gigabit systems. This is really a good view of the S curve in action here, what you’re seeing is new technologies that are capable of delivering higher bandwidth certainly maintaining much higher value in the market place, and we expect to see the same exact pattern going forward these by the way are also attributed to RHK these numbers.
The next slide is going to give us a similar view of what’s projected to happen with erbium fiber amplifiers, it’s probably the best proxy for the erbium built wave guide amplifier market and again you can see this phenomenal growth here from $750 million last year to almost four billion by 2003, again as projected by RHK, and again we think we’ve got a very exciting offering in this environment with respect to the erbium doped wave guide amplifier.
So, as we look forward to what might be next for Lumera right now, we’re targeting delivering prototype devices to customers during the next year, some of those will likely be earlier with respect to some of the things that we demonstrate, internally. We will -- as soon as we have good stable devices, with the right operating characteristics, we`ll start shipping them to customers for testing, as well. But I think you`ll see some internal milestones, achieved, that are going to be very, very significant. We are particularly excited about some of the materials coming out of the laboratory, right now, and anxious to get those turned around, into devices, and we`ll start doing that very, very soon, here.
Commercial products, we`re scheduled to hit that market window in 2002. As I said, we believe that important offerings, at the time, are going to be 40-gigabit per second for OC-768 and 10-gigabit per second with the real growth in that arena for things like 10-gigabit Ethernet. We are looking at completing financing, here, in very short order. There is still, enormous demand for optical networking-related enterprises and we are having -- experiencing a great deal of interest, already, even prior to our public announcement, today. We anticipate that that will be something that we will wrap up, quite soon, here, during the current quarter.
In the area of technical results, we`re -- we don`t want to give any particular guidance, today. But again, we are seeing some really exciting work coming out of the laboratory. We do expect to report those results as we achieve them with, of course, due attention paid to protecting intellectual property, which we`ve been quite aggressive in doing, today. We`ve -- in fact, it`s worth noting that in a very short time, in addition to the intellectual property that we have licensed from the University of Washington, we`ve gotten a good start on a portfolio, in-house, that we think is terribly, terribly important to the space.
Going forward, we expect that the company will develop strategic relationships with its customers. Some of those customers may develop closer relationships with the company and I don`t want to say more than, stay tuned on that front. We`re very excited, again, about the level of interest that we`re seeing in the company from many people in the industry, today.
So in summary, what we have is a world leadership position with a platform technology that is enabling, at a fundamental level. While, today, many companies have component solutions, most of those component solutions are based on inorganic crystalline materials like lithium niobate and gallium arsenide. So no one really has the fundamental advantage in the way that a company like Lumera can, in particular, because the materials that we`re developing are proprietary.
We`ve got a world-class team, 10,000-plus foot facility that is state of the art. There are high-growth opportunities in multiple product categories of the component marketplace and we have a very aggressive timeline, in terms of commercializing this technology, which is really driven by an urgency of demand in the marketplace to achieve competitive benchmarks at the 40 gigabit level, in particular.
Thank you for participating, today. We think this is an exciting time for both, Microvision and Lumera. We`re looking forward to your continued participation with both companies. And we`re ready to turn this over to questions and answers.
OPERATOR: Thank you. The question-and-answer session will be conducted electronically. If you would like to ask a question, please press the star key, followed by the digit one on your touch-tone telephone. We will come to you in the order that you signal us. Once again, if you do have a question, it`s star-one on your touch-tone telephone.
We`ll pause, just a moment, to assemble our question roster.
We`ll take our first question from Greg Weaver of Kern Capital.
GREG WEAVER: Hi. Good morning. Maybe I missed it. I had to hop off a couple of times, but was their any financial criteria, mentioned, in terms of how you became a 75-percent owner. Could you take us through that?
RICK RUTKOWSKI: We really started the company as an internal subsidiary of Microvision. We contributed the dollars to build the facility, out, and to bring the staff on board and operate the company. And the company has also shared, modestly, some of our administrative resources, in particular.
GREG WEAVER: OK. Thanks.
OPERATOR: We`ll take our next question from Peter Jacobs of Ragan Mackenzie.
PETER JACOBS: Good morning, Rick.
RICK RUTKOWSKI: Good morning, Peter.
PETER JACOBS: The first thing, I guess I`d like to follow up, a little bit more, on the last question. Can you give us any kind of sense of how much Microvision has invested in Lumera, so far and what the future financing requirements might be? If you could just, basically, take us through, maybe, the end of next year, you know, as you -- about the transition from, you know, development to, actually, commercialization of the product.
RICK RUTKOWSKI: We have invested about three million dollars, to-date, and -- in the company. That is structured, partly, in the form of a note receivable to Microvision. In terms of the going forward, if we look at the -- we`ll be supporting research at the University of Washington. That will be a use of proceeds. The -- we will, also, be growing the size of the team, internally, and probably doing some scale-up of facilities, towards the late part of next year.
So I don`t have exact numbers, but if we drive off the staffing plan, you have about 12 people, today, going on 20, very rapidly, here, within the next month, or two and scaling to, probably, 100 people-plus, late, next year. That should, certainly, give you a flavor for the kind of numbers that we`re looking at.
With respect to what that means, in terms of financing strategy, we`re looking at this initial round of being in the neighborhood of $25-to-$30 million and that will be structured as a private placement of Lumera shares.
PETER JACOBS: What would that do to your ownership if you`re about a what, 75 percent owner of Lumera, now? After the financing, what do you see your ownership percentage dropping to?
RICK RUTKOWSKI: It`s too early to say, right now. We`ve got some term sheets on the table. I will tell you, I think we think that the valuation is encouraging to us, with respect to the demand that we`re seeing in the marketplace. And we look for, you know, good things, going forward, as well. But as soon as the -- I don`t think it will be long before that round is completed, given the level of demand that we`re seeing. And we`re certainly pleased with the valuation, and therefore, the dilution that we might incur in that first round.
PETER JACOBS: Well, if you talk about a range about 25 or 30 million -- if we could just kind of come back to the first part of the question, what do you think, on an operating basis, will be Microvision`s expense, in terms of helping fund Lumera, you know, through 2001? Can you put any kind of dollar value around it? Are we talking five million, ten million? Kind of give me a range or an idea.
RICK RUTKOWSKI: We won`t be contributing more capital, directly, in the company, but you`re trying to get what the consolidated earnings picture might look like. Is that right?
PETER JACOBS: Yes, or just what the cash outflow, too, might be for Microvision in supporting the research at the hub and any other kind of expenses that Microvision might incur.
RICK RUTKOWSKI: Those will be funded, directly, by Lumera, from the proceeds of the private placement. So Microvision doesn`t expect to use more its own resources.
PETER JACOBS: OK. To this point, forward, really, no Microvision resources will be allocated towards Lumera.
RICK RUTKOWSKI: From the completion of the -- from the time the financing is completed, which we expect to be, very shortly, here.
PETER JACOBS: OK. Great. And could you, also, talk a little bit about Lumera`s revenue, at this point. In the press release, there is some discussion about an Air Force contract and I was wondering how meaningful that is, how that came about and, you know, what the potentials relationships might be, there.
RICK RUTKOWSKI: I think it`s very meaningful from the standpoint of what`s happening, technically, there. These arrays of modulators that are being used create a phased-array antenna system, which has a huge range of potential application in satellite communications, ground-based wireless communication and, even, in the automotive area, as well as, of course, a whole variety of other weapons systems and defense kinds of applications.
How the relationship came about was, it was a solicitation for an SBIR, so it`s a small contract from the standpoint of the dollars, that are involved, there, but there`s a great deal of interest coming out of DOD. And we`re talking to at least three areas of DOD, right now, with respect to providing transportation materials and devices for similar kinds of applications and we`re going forward.
So too early to say, right now, what percentage of our business that`s going to be, going forward. Obviously, we`re keenly focused on the commercialization of telecommunications products, but there tends to be some good synergy between these two areas, as well. And the products, coming out of the phased-array world really do have significant application on -- in commercial telecommunications.
A short version of that is, if you can shape the beam, coming off of any antenna, you can do an awful lot to maximize bandwidth and reduce the operating costs of a ground-based wireless system. So that`s a very, very significant development that we`re looking at.
PETER JACOBS: At what point do you think you`ll be able to give us some guidance on the revenue and earnings impact on Microvision of the Lumera subsidiary over the next year?
RICK RUTKOWSKI: It`s hard to say, right now. I think we`ll have a clearer picture after we`ve completed the financing. One of the reasons for that is, depending upon who might get engaged in that financing, it might impact how aggressive our operating plan is. So we`ll be able, I think, talk more meaningfully about that in very short order, here.
PETER JACOBS: OK. And lastly, and I`ll let somebody else have a shot, here. Todd McIntyre, his position as Vice President of Business Development with Lumera, what`s that, then mean, for Microvision because I believe that was the position that he had previously held with Microvision?
RICK RUTKOWSKI: Yes. He`s in an acting capacity at Lumera, right now, and still holding his position at Microvision. Really, the role is consistent with his -- Todd`s role at Microvision which was, in fact, to identify opportunities like the opportunity in MEMS component technology and its opportunities. So we, actually, would -- if we were to describe this activity, we would say that this is a real success for the business development group at Microvision, having brought Lumera online. So as Todd continues to bring in more dedicated resources to Lumera, he will be back, looking for the big thing.
PETER JACOBS: Will he, then, be acting in this dual role thing, going forward, or is the idea to find a replacement in one of those two roles?
RICK RUTKOWSKI: Yes. The idea would be to find a replacement in one of the two and as of right now, we would be looking for -- to bring management into Lumera.
PETER JACOBS: OK. Great. Thanks, Rick.
RICK RUTKOWSKI: Thank you, Peter.
OPERATOR: We`ll take our next question from Bill Relyea, Josephthal & Company.
BILL RELYEA: Good morning.
RICK RUTKOWSKI: Good morning, Bill.
BILL RELYEA: A couple of questions. Could you discuss, sort of, the range of coverage of the patents or patent that have been filed for, by the team at the University of Washington and what your team seems to be doing. And relate that to what kind of competition could develop over the next couple of years.
RICK RUTKOWSKI: OK. I`m going to let Casey Tegreene, who is Microvision`s Intellectual Property Counsel, answer that question.
CASEY TEGREENE: There`s a couple of views to that. First, remember there is the University of Washington`s patent application and then there`s the Lumera patent application and together, they cover a range of materials and devices. So the University of Washington patent applications cover, essentially, a lot of developments that have been done by Dr. Dalton and his group over there and, as well, as many devices as that could be applied to.
At the same time, the Lumera patent application covers some of the developments that we have been producing, here -- some of the devices. We`ve also kept our eyes open for other intellectual property that might be out there, in the market. We found things that might be of interest. Haven`t really gone to -- haven`t found anything that`s gotten us interested enough to buy it, yet.
We`re comfortable with our position, relative to other companies` intellectual properties. Looked at some of the things that are out there and don`t believe they are a serious impediment to our plans, going forward.
RICK RUTKOWSKI: There`s a lot of proprietary art in terms of how we optimize film quality. There are a variety of different chemical processes and chemical structures that we, literally, engineer at the molecular level. So we think there`s a lot of good technology, as well as -- you know, one example is the technique of shaping chromophores, and the specific means by which we implement that. So we think there is some very significant pieces of intellectual property that are really at the heart of, you know, why Dalton and Robinson and Tim Londergan and the group, here, Jingsong too here are so far ahead of what`s happening in this field, outside of here.
BILL RELYEA: Great, could you, also, talk about the manufacturer ability of these materials and the devices and what kind of -- how difficult the capital expansion would be, compared with other advanced electronics, you know, facilities?
RICK RUTKOWSKI: Bill, in terms of scalability of the processes, they scale quite well. Keep in mind, here, we`re talking about volumes in the hundreds of thousands and low millions, ultimately, of devices. We`re also talking about feature sizes that are considerably larger than what we think of with, you know, 0.13 micron features and numbers of circuits -- of integrated circuits, today.
So as a sort of a general comment, it is substantially less capital intensive than integrated circuit production, going forward. And of course, it`s a formula in which the unit value of each chip is substantially higher, but the required volumes are probably lower at the end of the day. So that, to us, is a good formula because there`s -- it means that there`s really good value-added for every unit of capital manufacturing capacity.
BILL RELYEA: OK. And just one, last question. If you looked five, six years, out, from here, which part of the company would you guess might be larger, the Microvision part in displays and input devices or, the Lumera part?
RICK RUTKOWSKI: That`s a high-class problem, as Wayne has said, over here. But I think it`s an interesting question, as well. I mean, both of these have significant opportunities. We use electronic displays everywhere where we want to get information out of system. We use input devices everywhere we want to get information into a system and we use these kinds of components when we want to push that information through the system.
So you know, you can see, I guess our plan for world domination, I hope the FTC`s not listening, is to really have optics from end-to-end, of that change. We see those as two, different businesses. And you can really describe the difference between Lumera and Microvision as, Microvision being on the transducing end, at either end of the system, input and output and Lumera, being on the signal processing side, inside the system, processing those optical signals, going through it. I don`t think either of those businesses has anything to worry about, in terms of the future market opportunity because there`s really requirement for better solutions, all the way through.
BILL RELYEA: Great. Thanks very much.
OPERATOR: I`ll take our next question from Peter Reiss, Paulson Investment.
RICK RUTKOWSKI: Good morning, Peter.
PETER REISS: Hi, Rick. Manufacturing of these products, are you planning to do that, in-house, or contracted, out? And if you`re doing it, in-house, how much of a capital commitment would it take?
RICK RUTKOWSKI: It`s -- we just talked about that, a little bit. It`s a pretty modest capital commitment of the capital budget that we described, earlier. Some of that processing capacity is already in place. So and again, because of the relatively low volumes, required, initially, on these devices. So it is something we plan to do, in-house, especially in the short term. The value-added is not only in terms of the additional profitability that you get from turning the materials into devices, it also stems from the fact that they`re proprietary process technologies that we can bring to bear on making these devices. So you have a barrier to entry around that, as well.
PETER REISS: And do you plan, after this financing -- are you -- is your goal, still, to remain a majority shareholder in this?
RICK RUTKOWSKI: Absolutely.
PETER REISS: OK. Thank you.
OPERATOR: I`ll take our next question from Mike Norinsberg, Nature`s Best Produce.
MIKE NORINSBERG: Hi. Good morning. Congratulations, Rick. Just -- was just wondering if this is a high-speed device that it is obvious that the other fiber optic companies like a Nortel, a Cisco, a Corning, they might -- your phone must be ringing off the hook.
RICK RUTKOWSKI: Well, we`ve had considerable interest from major players in the industry and, in particular, since the publication of the science article, in April. Dr. Dalton has, indeed, been flooded from around the world with requests for materials and devices.
MIKE NORINSBERG: How did you prevail?
RICK RUTKOWSKI: We`re a Washington-based company in electro-optics that had a -- I think, a strategy that was very, very appealing, in terms of understanding that we needed to integrate the materials and device-design and fabrication, with a proximity to the University of Washington, I think, was an important aspect of that, as well as our ability to mobilize resources, very quickly and without the conflicts that you might encounter in another company. Other companies who have business in lithium niobate modulators might be tempted to manage the introduction of a disruptive technology like this. And so, I think there`s real merit to the idea that you want to have this in an independent entity.
MIKE NORINSBERG: I see. Have you been contacted by other -- you know, some of these giants in terms of doing some sort of joint venture?
RICK RUTKOWSKI: As I mentioned, the interest in the technologies has been considerable. We, obviously, don`t want to say more than that, right now, other than that we think strategic partnering can make a good deal of sense in this arena and we`ll keep you informed as we go forward.
MIKE NORINSBERG: Terrific. Thanks. Congrats.
RICK RUTKOWSKI: Thanks.
OPERATOR: We`ll take our last question from Marcelo Desio, Willow Creek Capital.
RICK RUTKOWSKI: Good morning.
MARCELO DESIO: Yes. Hi. Good morning. If you`ll give us a little bit of an idea of what -- you`ve obviously spent about three million dollars, you said, so far and there`s going to -- there has to be some kind of financial impact at this quarter and next quarter. You`re still spending money. Can you just try to guide us what the bottom-line impact is going to be for Microvision, at least, in, you know, this quarter, next quarter and 2001, if you can. That would be great. Thanks.
RICK RUTKOWSKI: Yes. We`re going to have our quarterly earnings conference call on Thursday. We can provide you that guidance at that time, if that works for you. It`s a few pennies, I think, in this quarter. For the most part, we`ve tried to build this into, certainly, expectations for the short-term, in any case. And a fair amount of it was -- Richard Raisig is pointing out, it`s capital expenditures. So that would show up in the -- on the balance sheet.
MARCELO DESIO: All right. Thank you.
RICK RUTKOWSKI: Thank you.
OPERATOR: This concludes the question-and-answer session. At this time, I`d like to turn the call, back over to Rick, for additional closing remarks.
RICK RUTKOWSKI: Thank you very much for participating, today. I do want to mention, for anyone on the call, that has an interest, that Microvision will be presenting at the American Electronics Association Conference in San Diego, one week from today.
So Monday and Tuesday, the sixth and seventh of November, there are a series of presentations on those two days. We will be, also, coordinating some more detailed discussions of Lumera, at that time, as well. So if you would like to talk with us and learn more about the company, we`re looking forward to getting in front of lots of folks, next week, to describe this.
We`re excited. We hope you are. We think this is a terrific opportunity, as we go forward, and thank you, again, for participating, today.
OPERATOR: This concludes today`s teleconference. You may now disconnect.
END
back to top
Quele: www.lumera.com (75% subsidary of microvision - mvis)
01/24 12:07A (DJ) DJ Insider Buys 10,000 of MICROVISION INC (MVIS)
SOURCE: Form 4
ISSUER: MICROVISION INC
SYMBOL: MVIS
FILER: LACK WALTER J
TITLE: Director
TRANSACTION: Purchase 10,000 12/20/00 $17.05 OWNERSHIP: 182,837
(END) DOW JONES NEWS 01-24-01
12:07 AM
@Fulminator: bei einer sehr offensichtlichen Bodenbildung zu verkaufen ist
aus charttechnischen Gründen nicht nachvollziehbar.
SOURCE: Form 4
ISSUER: MICROVISION INC
SYMBOL: MVIS
FILER: LACK WALTER J
TITLE: Director
TRANSACTION: Purchase 10,000 12/20/00 $17.05 OWNERSHIP: 182,837
(END) DOW JONES NEWS 01-24-01
12:07 AM
@Fulminator: bei einer sehr offensichtlichen Bodenbildung zu verkaufen ist
aus charttechnischen Gründen nicht nachvollziehbar.
Hallo zusammen,
Microvision zeigt aktuell eine deutliche Stärke.
Die Insider-käufe seitens eines Direktors sollten zum Nachdenken anregen.
Zu Lumera: befindet sich in einer Branche, die hochspekulativ ist. Lumera selber ist noch eine F&E - einrichtung, genauso wie MVIS selber.
Man will 2002 in Produktion gehen, also Umsätze generieren. Einerseits hochspekulativ, da die Entwicklung ungewiß ist. manche reißen die techink (Transfern 100 GBit/sec) als non-plus-ultra an, andere verweißen auf angeblich noch modernere Techniken hin.
Nur: sollten sie tatsächlich 2002 in Produktion gehen, ferner mit NOMAD in Serie gehen können ist MVIS gnadenlos unterbewertet. Man bedenke den 75% Anteil von MVIS an Lumera. Man sieht, wie hochspekulativ + chancen + risikenreich dieses Invest ist.
Zu Lumera: interessante leute an Bord, mitr besten Verbindungen zur neuen bush-regierung...
M_3
Microvision zeigt aktuell eine deutliche Stärke.
Die Insider-käufe seitens eines Direktors sollten zum Nachdenken anregen.
Zu Lumera: befindet sich in einer Branche, die hochspekulativ ist. Lumera selber ist noch eine F&E - einrichtung, genauso wie MVIS selber.
Man will 2002 in Produktion gehen, also Umsätze generieren. Einerseits hochspekulativ, da die Entwicklung ungewiß ist. manche reißen die techink (Transfern 100 GBit/sec) als non-plus-ultra an, andere verweißen auf angeblich noch modernere Techniken hin.
Nur: sollten sie tatsächlich 2002 in Produktion gehen, ferner mit NOMAD in Serie gehen können ist MVIS gnadenlos unterbewertet. Man bedenke den 75% Anteil von MVIS an Lumera. Man sieht, wie hochspekulativ + chancen + risikenreich dieses Invest ist.
Zu Lumera: interessante leute an Bord, mitr besten Verbindungen zur neuen bush-regierung...
M_3
NASDAQ testet Boden, MVIS wird wohl die 18 testen.
View WatchList Edit Symbol(s) Symbol Search Portfolio Tracker
MVIS | ALIF | LPTH | TFS
Latest News
--------------------------------------------------------------------------------
Microvision and Gallium Partner to Explore Gate-to-Gate Air Traffic Control Display SolutionsATC Trade Show Presentation Combines Microvision`s Heads-Up Display Technology And Gallium`s Display Software
MAASTRICHT, The Netherlands, Feb 19, 2001 /PRNewswire via COMTEX/ --
Microvision Inc. (Nasdaq: MVIS) a leader in wearable display technology, and
Gallium, a leading provider of display software for air traffic control (ATC)
applications, will jointly demonstrate linking gate-to-gate ATC displays at the
ATC 2001 show in Maastricht, The Netherlands, Feb. 20-22, stand #514.
Gallium will demonstrate its InterMAPhics product and expertise as a leader in
computer-human interface (CHI) tools for ATC systems, while Microvision will
demonstrate its prototype units of its NOMAD system -- a "heads up" overlay of
vital information. Working together, InterMAPhics and the Nomad display provide
seamless integration of all ATC display information from the tower display
through the terminal display and back to the control tower.
"Today, air traffic controllers have to move frequently and quickly between the
real view of the aircraft and the data screens in front of them," said Bob
Deroode, director of air traffic management for Gallium. "Partnering
InterMAPhics software with Nomad puts the controller in command of where to
focus attention, while still seeing all the critical system data; a benefit in
poor visibility conditions."
He noted that Nomad`s high brightness allows it to work in all lighting
conditions, and its synthesized focal length eliminates the eye strain caused
from switching views between displays and the far field view of the runways; an
important step in improving air traffic capacity and safety.
InterMAPhics provides a proven, reliable, high performance display engine for
ATC applications. Designed for rapid prototyping and development of ATC
displays, InterMAPhics includes a patented "Invisible Windows" technology that
allows display of data windows with a transparent background. With the wearable
display, air traffic activity can be seen in the background either on
conventional displays or the tower window.
Nomad, a head-worn display featuring Microvision`s breakthrough display
technology, projects high-resolution, computer-generated images directly onto
the user`s retina, appearing to the user as a "see-through" computer screen at
arm`s length. Scheduled for market release in mid-2001, Nomad can improve
visualization for air traffic controllers, helping reduce stress and workload,
and delays while improving airport safety.
Air traffic controllers would use the display to help manage increasingly
complex information systems, allowing computer-generated advisories while
maintaining visual contact with the terrain and airspace surrounding the
airfield. Nomad`s "heads-up" image overlay against daylight conditions is seen
as a key requirement.
Microvision is equally keen on how the Gallium software augments Nomad.
"InterMAPhics gives Nomad a field proven, high-reliability, high performance ATC
display engine," said Larry Zibrik, industrial segment manager for Microvision.
"It augments our drive to explore Nomad`s technology and human factors aspects.
This combination could aid controllers in meeting the challenge of increased air
traffic, and maintaining and improving air safety."
About Gallium
Based in Ottawa, Gallium is an international leader in the development of
Human-Computer Interaction (HCI) software for performance-critical applications
in Air Traffic Management and the Defense sectors. Gallium`s InterMAPhics(R)
product line is an industry acclaimed suite of Commercial Off-The-Shelf (COTS)
software used by national agencies and companies worldwide involved in programs
to prototype, develop, and maintain Geo-Tracking display applications.
www.gallium.com.
About Microvision
Headquartered near Seattle, Microvision, Inc. is the developer of the
proprietary retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Microvision is also
the majority owner of a newly established subsidiary, Lumera Inc.
http://www.lumera.com . Lumera is a world leader in the development of
electro-optic devices based on proprietary optical polymers. The company will
deliver superior and unique component solutions to optical systems suppliers.
http://www.mvis.com .
NOTE: Gallium and InterMAPhics are registered trademarks of Gallium Software
Inc. All other trademarks and registered trademarks mentioned herein are the
property of their respective owners.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
SOURCE Microvision, Inc.
---------------
angekündigt sind Umsätze durch NOMAD für 2001.
View WatchList Edit Symbol(s) Symbol Search Portfolio Tracker
MVIS | ALIF | LPTH | TFS
Latest News
--------------------------------------------------------------------------------
Microvision and Gallium Partner to Explore Gate-to-Gate Air Traffic Control Display SolutionsATC Trade Show Presentation Combines Microvision`s Heads-Up Display Technology And Gallium`s Display Software
MAASTRICHT, The Netherlands, Feb 19, 2001 /PRNewswire via COMTEX/ --
Microvision Inc. (Nasdaq: MVIS) a leader in wearable display technology, and
Gallium, a leading provider of display software for air traffic control (ATC)
applications, will jointly demonstrate linking gate-to-gate ATC displays at the
ATC 2001 show in Maastricht, The Netherlands, Feb. 20-22, stand #514.
Gallium will demonstrate its InterMAPhics product and expertise as a leader in
computer-human interface (CHI) tools for ATC systems, while Microvision will
demonstrate its prototype units of its NOMAD system -- a "heads up" overlay of
vital information. Working together, InterMAPhics and the Nomad display provide
seamless integration of all ATC display information from the tower display
through the terminal display and back to the control tower.
"Today, air traffic controllers have to move frequently and quickly between the
real view of the aircraft and the data screens in front of them," said Bob
Deroode, director of air traffic management for Gallium. "Partnering
InterMAPhics software with Nomad puts the controller in command of where to
focus attention, while still seeing all the critical system data; a benefit in
poor visibility conditions."
He noted that Nomad`s high brightness allows it to work in all lighting
conditions, and its synthesized focal length eliminates the eye strain caused
from switching views between displays and the far field view of the runways; an
important step in improving air traffic capacity and safety.
InterMAPhics provides a proven, reliable, high performance display engine for
ATC applications. Designed for rapid prototyping and development of ATC
displays, InterMAPhics includes a patented "Invisible Windows" technology that
allows display of data windows with a transparent background. With the wearable
display, air traffic activity can be seen in the background either on
conventional displays or the tower window.
Nomad, a head-worn display featuring Microvision`s breakthrough display
technology, projects high-resolution, computer-generated images directly onto
the user`s retina, appearing to the user as a "see-through" computer screen at
arm`s length. Scheduled for market release in mid-2001, Nomad can improve
visualization for air traffic controllers, helping reduce stress and workload,
and delays while improving airport safety.
Air traffic controllers would use the display to help manage increasingly
complex information systems, allowing computer-generated advisories while
maintaining visual contact with the terrain and airspace surrounding the
airfield. Nomad`s "heads-up" image overlay against daylight conditions is seen
as a key requirement.
Microvision is equally keen on how the Gallium software augments Nomad.
"InterMAPhics gives Nomad a field proven, high-reliability, high performance ATC
display engine," said Larry Zibrik, industrial segment manager for Microvision.
"It augments our drive to explore Nomad`s technology and human factors aspects.
This combination could aid controllers in meeting the challenge of increased air
traffic, and maintaining and improving air safety."
About Gallium
Based in Ottawa, Gallium is an international leader in the development of
Human-Computer Interaction (HCI) software for performance-critical applications
in Air Traffic Management and the Defense sectors. Gallium`s InterMAPhics(R)
product line is an industry acclaimed suite of Commercial Off-The-Shelf (COTS)
software used by national agencies and companies worldwide involved in programs
to prototype, develop, and maintain Geo-Tracking display applications.
www.gallium.com.
About Microvision
Headquartered near Seattle, Microvision, Inc. is the developer of the
proprietary retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Microvision is also
the majority owner of a newly established subsidiary, Lumera Inc.
http://www.lumera.com . Lumera is a world leader in the development of
electro-optic devices based on proprietary optical polymers. The company will
deliver superior and unique component solutions to optical systems suppliers.
http://www.mvis.com .
NOTE: Gallium and InterMAPhics are registered trademarks of Gallium Software
Inc. All other trademarks and registered trademarks mentioned herein are the
property of their respective owners.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
SOURCE Microvision, Inc.
---------------
angekündigt sind Umsätze durch NOMAD für 2001.
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Posted at 12:45 p.m. PST Saturday, March 10, 2001
The Internet is only getting started on huge innovations
BY DAN GILLMOR
Mercury News Technology Columnist
Now that the Internet bubble has deflated, we can get on with what makes the technology world so fascinating and its prospects so limitless. Smart people are getting back to the basics -- coming up with great new ideas that may, just may, change the world.
The old Internet is dead, says Bob Metcalfe, but ``long live the Internet.``
Metcalfe, a networking pioneer and host of this week`s ``ACM1: Beyond Cyberspace`` conference in San Jose, made an early but correct prediction that many investors would regret buying into the Net mania of the late 1990s. Now he`s looking ahead, both as a pundit and newly minted venture capitalist, and he sees plenty of interesting developments ahead.
``The next big thing will be the Entertainment Internet, which of course means the Broadcast Video Internet, which of course includes production values appropriate for the Education Internet,`` Metcalfe says in an e-mail when I ask him to name a major development in the next half decade. ``Not that communication (e-mail) and commerce (dot-coms) will decline, but that entertainment uses of the Internet will take over driving it.``
For the conference, the Association for Computing Machinery -- one of technology`s oldest membership organizations -- has invited luminaries in science and technology to look beyond mere cyberspace as they contemplated our future.
I put the same question to them that I put to Metcalfe, and got some intriguing e-mail responses. (I`m printing excerpts here, but will post full replies in my eJournal, http://weblog.mercurycenter.com/ejournal.)
``Within five years, we will begin to see full-immersion, visual-auditory, virtual-reality shared environments,`` says Ray Kurzweil, CEO of Kurzweil Technologies and one of the acknowledged far-seeing people in the field. ``The images will be written directly to our retinas from our eyeglasses and, eventually, contact lenses. We will have wireless high-bandwidth connection to the Internet at all times. We will have sensors that detect the position and movement of our body. The electronics for all of this will be so small that they will be woven into our clothing. We can then project an image of our body to someone else over the Web and visit in a virtual environment.
``So you and I could sit together on a virtual Mediterranean beach or virtual Mozambique game preserve (or a virtual office in a virtual San Jose Mercury News) and it would seem very real. It would be just like being there. By the end of this decade, this type of virtual-reality experience will be a ubiquitous way to meet with other people. Web sites will offer a panoply of virtual environments to experience.``
At ACM1, Kurzweil is planning to demonstrate how someone, even now, can almost literally be someone else using virtual reality. He`s created an alter-ego, a female rock musician, and plans to demonstrate her act.
Steve Ballmer, chief executive at Microsoft, is high on related technologies his company has strongly adopted -- the Extensible Markup Language (XML) and techniques that morph software into Web-based services.
``XML and Web services are at the center of the technology revolution going forward,`` Ballmer says. ``The beauty of XML is that it essentially `unlocks` data so that it can be easily organized, programmed and exchanged between Web sites, applications and devices. This has profound implications for the delivery of Web-based services to consumers, and for enabling businesses to take the Internet to the next level, both in terms of increasing their own agility and with respect to delivering products and services to customers.``
ACM1`s ``beyond cyberspace`` theme heads into the realm of natural science. Marcia K. McNutt, president and chief executive at the Monterey Bay Aquarium Research Institute, sensibly worries about global warming and pollution, and she sees a positive change in the works.
``I think the most important development that can be expected within the next five years is to figure out how to sequester carbon from the burning of fossil fuels in order to mitigate the effects of global warming,`` she says. Business as usual, she adds, will create a severe and unacceptable result.
Business as usual in the information technology world isn`t acceptable, either, says Martin F.H. Schuurmans, executive vice president and CEO at the Philips Centre for Industrial Technology in the Netherlands. He says he has to look further than five years ahead to explain his vision of our future, even though we`ve already created much of what we need to get there.
``I believe that ambient intelligence, which refers to an electronic environment that is sensitive and responsive to people and will truly serve people without `Control-Alt-Delete` tricks, will become a reality in 10 to 20 years from now,`` he says. ``Most of the technology exists today, but is mostly immature and too expensive.``
Hardware won`t be enough, says Schuurmans. We also need more ``intelligent social user interfaces that will go beyond the current graphics paradigm on a PC.`` These will be personalized. They`ll work in many environments, and they`ll give humans what he calls a ``warm belly feeling`` when they use the machines. All of this is part of an inexorable trend toward what Schuurmans calls an ``experience economy,`` balancing work and private lives.
Technology will also revolutionize learning, predicts Ruzena Bajcsy, assistant director of the National Science Foundation and head of the foundation`s directorate for Computer and Information Science and Engineering.
``In the same way that information technology research helped fuel the biotechnology revolution, advances in education will be just as dependent on IT,`` she says. ``The scalability of our cutting-edge infrastructure for research means that it can be deployed more broadly to serve students of all ages in the 21st century.``
Those students -- and everyone else -- will have some increasingly amazing tools, says Vint Cerf, senior vice president of Internet architecture and technology at telecommunications giant WorldCom. One of the early creators of what became the Internet, Cerf is particularly excited about some of the cross-breeding of technologies into what is often called a world of communications convergence.
``I think the introduction of speech-understanding computers will have a significant effect because, coupled with a huge influx of Internet-enabled appliances, we will have the ability to manage these devices with spoken commands,`` he says. ``Moreover, as we cross-couple various media, we will be able to ask questions orally but get back answers in visual form on our PCs or PDAs, etc. Internet-enabled picture frames already exist -- they become interesting outlets for Internet-sourced content.``
Couple that with a system in which we create ``self-organizing networks of radio-linked devices`` along with genuine security and authentication of users` identities. Of course, he adds in a ``lesson learned`` echo of the heady `90s. ``The scenario for making this happen in a business-sensible way is still not entirely clear.``
Whatever happens, he says, ``There`s an Internet in your future; resistance is futile.``
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Posted at 12:45 p.m. PST Saturday, March 10, 2001
The Internet is only getting started on huge innovations
BY DAN GILLMOR
Mercury News Technology Columnist
Now that the Internet bubble has deflated, we can get on with what makes the technology world so fascinating and its prospects so limitless. Smart people are getting back to the basics -- coming up with great new ideas that may, just may, change the world.
The old Internet is dead, says Bob Metcalfe, but ``long live the Internet.``
Metcalfe, a networking pioneer and host of this week`s ``ACM1: Beyond Cyberspace`` conference in San Jose, made an early but correct prediction that many investors would regret buying into the Net mania of the late 1990s. Now he`s looking ahead, both as a pundit and newly minted venture capitalist, and he sees plenty of interesting developments ahead.
``The next big thing will be the Entertainment Internet, which of course means the Broadcast Video Internet, which of course includes production values appropriate for the Education Internet,`` Metcalfe says in an e-mail when I ask him to name a major development in the next half decade. ``Not that communication (e-mail) and commerce (dot-coms) will decline, but that entertainment uses of the Internet will take over driving it.``
For the conference, the Association for Computing Machinery -- one of technology`s oldest membership organizations -- has invited luminaries in science and technology to look beyond mere cyberspace as they contemplated our future.
I put the same question to them that I put to Metcalfe, and got some intriguing e-mail responses. (I`m printing excerpts here, but will post full replies in my eJournal, http://weblog.mercurycenter.com/ejournal.)
``Within five years, we will begin to see full-immersion, visual-auditory, virtual-reality shared environments,`` says Ray Kurzweil, CEO of Kurzweil Technologies and one of the acknowledged far-seeing people in the field. ``The images will be written directly to our retinas from our eyeglasses and, eventually, contact lenses. We will have wireless high-bandwidth connection to the Internet at all times. We will have sensors that detect the position and movement of our body. The electronics for all of this will be so small that they will be woven into our clothing. We can then project an image of our body to someone else over the Web and visit in a virtual environment.
``So you and I could sit together on a virtual Mediterranean beach or virtual Mozambique game preserve (or a virtual office in a virtual San Jose Mercury News) and it would seem very real. It would be just like being there. By the end of this decade, this type of virtual-reality experience will be a ubiquitous way to meet with other people. Web sites will offer a panoply of virtual environments to experience.``
At ACM1, Kurzweil is planning to demonstrate how someone, even now, can almost literally be someone else using virtual reality. He`s created an alter-ego, a female rock musician, and plans to demonstrate her act.
Steve Ballmer, chief executive at Microsoft, is high on related technologies his company has strongly adopted -- the Extensible Markup Language (XML) and techniques that morph software into Web-based services.
``XML and Web services are at the center of the technology revolution going forward,`` Ballmer says. ``The beauty of XML is that it essentially `unlocks` data so that it can be easily organized, programmed and exchanged between Web sites, applications and devices. This has profound implications for the delivery of Web-based services to consumers, and for enabling businesses to take the Internet to the next level, both in terms of increasing their own agility and with respect to delivering products and services to customers.``
ACM1`s ``beyond cyberspace`` theme heads into the realm of natural science. Marcia K. McNutt, president and chief executive at the Monterey Bay Aquarium Research Institute, sensibly worries about global warming and pollution, and she sees a positive change in the works.
``I think the most important development that can be expected within the next five years is to figure out how to sequester carbon from the burning of fossil fuels in order to mitigate the effects of global warming,`` she says. Business as usual, she adds, will create a severe and unacceptable result.
Business as usual in the information technology world isn`t acceptable, either, says Martin F.H. Schuurmans, executive vice president and CEO at the Philips Centre for Industrial Technology in the Netherlands. He says he has to look further than five years ahead to explain his vision of our future, even though we`ve already created much of what we need to get there.
``I believe that ambient intelligence, which refers to an electronic environment that is sensitive and responsive to people and will truly serve people without `Control-Alt-Delete` tricks, will become a reality in 10 to 20 years from now,`` he says. ``Most of the technology exists today, but is mostly immature and too expensive.``
Hardware won`t be enough, says Schuurmans. We also need more ``intelligent social user interfaces that will go beyond the current graphics paradigm on a PC.`` These will be personalized. They`ll work in many environments, and they`ll give humans what he calls a ``warm belly feeling`` when they use the machines. All of this is part of an inexorable trend toward what Schuurmans calls an ``experience economy,`` balancing work and private lives.
Technology will also revolutionize learning, predicts Ruzena Bajcsy, assistant director of the National Science Foundation and head of the foundation`s directorate for Computer and Information Science and Engineering.
``In the same way that information technology research helped fuel the biotechnology revolution, advances in education will be just as dependent on IT,`` she says. ``The scalability of our cutting-edge infrastructure for research means that it can be deployed more broadly to serve students of all ages in the 21st century.``
Those students -- and everyone else -- will have some increasingly amazing tools, says Vint Cerf, senior vice president of Internet architecture and technology at telecommunications giant WorldCom. One of the early creators of what became the Internet, Cerf is particularly excited about some of the cross-breeding of technologies into what is often called a world of communications convergence.
``I think the introduction of speech-understanding computers will have a significant effect because, coupled with a huge influx of Internet-enabled appliances, we will have the ability to manage these devices with spoken commands,`` he says. ``Moreover, as we cross-couple various media, we will be able to ask questions orally but get back answers in visual form on our PCs or PDAs, etc. Internet-enabled picture frames already exist -- they become interesting outlets for Internet-sourced content.``
Couple that with a system in which we create ``self-organizing networks of radio-linked devices`` along with genuine security and authentication of users` identities. Of course, he adds in a ``lesson learned`` echo of the heady `90s. ``The scenario for making this happen in a business-sensible way is still not entirely clear.``
Whatever happens, he says, ``There`s an Internet in your future; resistance is futile.``
Latest News
--------------------------------------------------------------------------------
Microvision Reports 17% Revenue Increase for 2000Company Expects Stronger Growth in 2001
BOTHELL, Wash., Mar 13, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the fourth quarter and full year ended
December 31, 2000.
Financial Results
During the fourth quarter of 2000 revenues increased by 64% to $2.9 million from
$1.7 million in the fourth quarter 1999. For the year ending December 31, 2000
revenues increased 17% to $8.1 million compared with $6.9 million during 1999.
The company had a backlog of $4.5 million under contract as of December 31,
2000.
For the fourth quarter 2000, the Company reported a consolidated net loss
available for common shareholders of $6.9 million or $.58 per share compared to
a net loss available for common shareholders of $4.4 million or $.45 per share
for the fourth quarter 1999. Consolidated results include Microvision, Inc. and
the Company`s subsidiary, Lumera Corp. During the fourth quarter 2000,
Microvision`s loss per share attributable to Lumera was $1.3 million or $0.11
per share.
For the full year, the Company reported a consolidated net loss available for
common shareholders of $26.6 million or $2.33 per share compared to net loss
available for common shareholders of $16.7 million or $2.04 per share for the
same period in 1999. For the full year 2000, the loss attributable to Lumera
Corp. was $2.4 million or $0.21 per share.
"We continue to consolidate our role as an innovator and technology leader in
the electro-optics and photonics industry," stated Rick Rutkowski, Microvision`s
President and CEO. "During the past year we`ve made remarkable progress towards
turning technology into products and have positioned ourselves to deliver
several products to the market in rapid succession beginning this year and
through 2002. The introduction of the Nomad wearable display later this year
will be followed by commercial launch of Microvision`s unique barcode products
and Lumera`s electro-optic modulators during 2002. We are encouraged by strong
prospects for growth in each of these product categories, and by continued and
growing sponsorship of our technology through U.S. Government programs.
Lumera Corporation
"During the fourth quarter the Company announced the formation of Lumera, a
subsidiary company focused on the development and commercialization of optical
component devices based on proprietary electro-optic polymer materials.
"During 2000, Microvision provided financing to Lumera in the form of loans to
the subsidiary convertible into equity in Lumera. The company previously
announced plans to complete a private placement financing of approximately $25
million to fund further development. We have been actively engaged in
discussions with potential investors and have substantially completed the
financing arrangements. We expect to announce completion of the financing
shortly.
"Based on our contact with prospective customers for Lumera`s products, we
anticipate strong demand for both 10- gigabit and 40-gigabit solutions, and we
are currently targeting volume commercial production during 2002 with delivery
of prototype devices to customers during the second half of this year.
Medical
"Working with potential customers and channel partners to develop applications
and markets for wearable displays continues to be a central part of our
strategic focus.
"During the quarter, the Cleveland Clinic Foundation joined the ranks of
Microvision`s clinical partners to develop a series of applications that will
advance the surgical use of RSD technology. The Cleveland Clinic will conduct
studies focused primarily on image-guided surgery and minimally invasive
procedures over the next year using both the Nomad display and a prototype full
color, head-up system called Spectrum.
"We continue to work with Carl Zeiss and other medical partners to develop
compelling applications for wearable displays in diagnostic and surgical
applications.
Aviation and Industrial
"We announced a cooperative agreement with R RAMJET Inc., a leading
aviation-consulting group. We will jointly pursue and develop head-worn displays
for flight crews during emergency smoke-in-cockpit situations. Our RSD
technology delivers bright, daylight readable, high-resolution images that will
not be affected by smoke.
"EUROCONTROL, The European Agency for the Safety of Air Navigation, purchased a
prototype Nomad for test and evaluation. With the `see-through` display, air
traffic controllers will be able to view computer-generated advisories while
maintaining visual contact with the terrain and airspace surrounding the
airfield. This in turn will lead to reduced stress and workload on the
controllers. We believe that improved visualization will be the key in reducing
the risk of runway incursion and near collisions.
Milestones For Scanning Technology
"Microvision`s Imaging Solutions Group, formed early during 2000, successfully
demonstrated a highly innovative hand-held laser scanning device for reading
bar-codes that features very low-power operation, small size and very low cost.
We continue to be encouraged by the pace of development and innovation with this
product as well as indications of interest from the market place. We will target
the product to meet needs in both the existing bar-code scanner market as well
as in the emerging market for mobile Internet and m-commerce solutions with
commercial production scheduled to begin next year.
"The Imaging Solutions Group also announced that they would utilize the
Company`s proprietary silicon micro-mirror technology to develop an ultra-high
resolution light-scanning camera. The development effort seeks to produce a
microminiature confocal camera that can be inserted into very small spaces to
transmit high-resolution, real time, three-dimensional images of objects at
extremely high magnification. The development of the confocal microprobe is
consistent with our strategy of leveraging Microvision`s core microscanning
technology and our core competencies in the design and development of
high-quality optical imaging systems.
Year 2001
"With additional growth expected in defense and aerospace, plus the introduction
of product by the end of the year, revenues in 2001 should increase by at least
50 percent over revenues in 2000. The majority of the growth will occur late in
the year as products are scheduled for shipment.
"As we move rapidly into prototyping and prepare for production in 2002, we
expect our investment to continue to grow. The continued growth will have an
impact on Microvision, Inc. earnings of approximately a net loss of $1.00 per
share," concluded Rutkowski.
First Quarter Event
In March 1994, the Company entered into an exclusive license agreement with the
University of Washington to acquire certain imaging technology separate and
distinct from the RSD technology. This imaging technology is referred to as
HALO. The original HALO license agreement required the Company to make payments
to the University upon filing a patent application and the issuance of a patent
as well as to pay royalties on products covered by such patents. In the first
quarter of 2001, the Company will make a final payment of approximately $900,000
to the University to convert the HALO license agreement to a fully a paid-up,
royalty free exclusive license. Nearly $800,000 of the payment will be a
non-cash stock payment with the remainder paid in cash.
Investors will have the opportunity to listen to Microvision`s conference call
regarding fourth quarter and year-end 2000 earnings at 8:00 a.m. PT over the
Internet through The First News website, located at http://www.thefirstnews.com
. To listen to the live call, go to the web site at least fifteen minutes early
to register, download, and install any necessary audio software. For those who
cannot listen to the live broadcast, a replay will be available on The First
News site shortly after the call.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the Company`s Web site at http://www.mvis.com .
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the
development of electro-optic devices based on proprietary optical polymers. The
company will deliver superior and unique component solutions to optical systems
suppliers. Lumera will supply standard and custom components to systems
providers in multiple high-growth product categories. Additional information can
be found at the company`s Web site at http://www.lumera.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. Such
forward-looking statements involve known and unknown risks, uncertainties, and
other factors that may cause actual results to differ materially from future
results expressed or implied in such statements. 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-K and Quarterly Reports on Form 10-Q, as filed with the
Securities and Exchange Commission. The Company disclaims any obligation to
update any such factors or to publicly announce the results of any revision to
any of the forward-looking statements contained in this news release.
Microvision, Inc.
Consolidated Balance Sheet
December 31, December 31,
2000 1999
(unaudited)
Assets
Current Assets
Cash and cash equivalents $7,307,400 $2,798,000
Investment securities,
available-for-sale 33,410,000 29,369,400
Accounts receivable, net 1,032,500 1,024,500
Costs and estimated earnings in
excess of billings on uncompleted
contracts 2,116,400 2,000,400
Current restricted investments 1,125,000 650,000
Other current assets 975,600 847,700
Total current assets 45,966,900 36,690,000
Long-term investment, at cost 623,600 623,600
Property and equipment, net 7,515,900 3,054,700
Restricted investments 951,000 1,100,000
Receivables from related parties 999,900 --
Other assets 113,900 150,700
Total assets $56,171,200 $41,619,000
Liabilities, Mandatorily Redeemable
Convertible Preferred Stock and
Shareholders` Equity
Current Liabilities
Accounts payable $1,974,500 $1,453,100
Accrued liabilities 2,359,000 2,000,100
Allowance for estimated contract
losses 295,000 --
Billings in excess of costs and
estimated earnings on uncompleted
contracts 418,600 167,000
Current portion of capital lease
obligations 316,500 220,800
Current portion of long-term debt 51,900 46,900
Total current liabilities 5,415,500 3,887,900
Capital lease obligations, net of
current portion 182,300 279,400
Long-term debt, net of current portion 289,600 341,500
Deferred rent, net of current portion 242,100 214,800
Total liabilities 6,129,500 4,723,600
Commitments and contingencies -- --
Mandatorily redeemable convertible
preferred stock -- 1,536,000
Shareholders` Equity
Common stock 120,506,100 75,518,300
Deferred compensation (4,378,200) (213,100)
Subscriptions receivable from
related parties (403,200) (349,100)
Accumulated other comprehensive
gain (loss) 454,200 (60,600)
Accumulated deficit (66,137,200) (39,536,100)
Total shareholders` equity 50,041,700 35,359,400
Total Liabilities, mandatorily
redeemable convertible preferred
stock and shareholders` equity $56,171,200 $41,619,000
Microvision, Inc.
Consolidated Statement of Operations
Three months ended Year ended
December 31, December 31,
2000 1999 2000 1999
(unaudited) (unaudited)
Revenue $2,864,600 $1,742,500 $8,120,600 $6,902,700
Cost of revenue 2,007,500 1,202,400 6,075,800 4,943,500
Gross margin 857,100 540,100 2,044,800 1,959,200
Research and
development
expense 5,669,200 3,566,700 19,520,400 10,199,000
Marketing, general
and administrative
expense 2,465,200 1,676,900 10,475,400 7,205,200
Non-cash compensation
expense 440,800 55,700 1,591,800 264,000
Total operating
expenses 8,575,200 5,299,300 31,587,600 17,668,200
Loss from
operations (7,718,100) (4,759,200) (29,542,800) (15,709,000)
Interest income 836,500 526,100 3,105,300 1,163,200
Interest expense (31,000) (41,200) (163,600) (172,200)
Net loss (6,912,600) (4,274,300) (26,601,100) (14,718,000)
Less: Preferred
dividend -- (154,400) -- (227,800)
Noncash beneficial
conversion
feature of
Series B
Preferred Stock -- -- -- (1,754,300)
Net loss available
for common
shareholders $(6,912,600) $(4,428,700) $(26,601,100) $(16,700,100)
Net loss per share
available for
common
shareholders
before non-cash
compensation
expense $(0.55) $(0.44) $(2.19) $(2.01)
Non-cash compensation
expense (0.03) (0.01) (0.14) (0.03)
Net loss per share
available for common
shareholders
-- basic and diluted $(0.58) $(0.45) $(2.33) $(2.04)
Weighted-average shares
outstanding
-- basic and
diluted 11,854,700 9,945,800 11,420,600 8,168,600
SOURCE Microvision, Inc.
CONTACT: investors, Holly Ash, 425-415-6794, or hollya@mvis.com, or
media, Matt Nichols, 425-415-6657, or mattn@mvis.com, both of
Microvision, Inc.
URL: http://www.thefirstnews.com
http://www.lumera.com
http://www.mvis.com
http://www.prnewswire.com
(C) 2001 PR Newswire. All rights reserved.
KEYWORD: Washington
INDUSTRY KEYWORD: CPR
STW
SUBJECT CODE: ERN
Feedback
--------------------------------------------------------------------------------
Microvision Reports 17% Revenue Increase for 2000Company Expects Stronger Growth in 2001
BOTHELL, Wash., Mar 13, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported results for the fourth quarter and full year ended
December 31, 2000.
Financial Results
During the fourth quarter of 2000 revenues increased by 64% to $2.9 million from
$1.7 million in the fourth quarter 1999. For the year ending December 31, 2000
revenues increased 17% to $8.1 million compared with $6.9 million during 1999.
The company had a backlog of $4.5 million under contract as of December 31,
2000.
For the fourth quarter 2000, the Company reported a consolidated net loss
available for common shareholders of $6.9 million or $.58 per share compared to
a net loss available for common shareholders of $4.4 million or $.45 per share
for the fourth quarter 1999. Consolidated results include Microvision, Inc. and
the Company`s subsidiary, Lumera Corp. During the fourth quarter 2000,
Microvision`s loss per share attributable to Lumera was $1.3 million or $0.11
per share.
For the full year, the Company reported a consolidated net loss available for
common shareholders of $26.6 million or $2.33 per share compared to net loss
available for common shareholders of $16.7 million or $2.04 per share for the
same period in 1999. For the full year 2000, the loss attributable to Lumera
Corp. was $2.4 million or $0.21 per share.
"We continue to consolidate our role as an innovator and technology leader in
the electro-optics and photonics industry," stated Rick Rutkowski, Microvision`s
President and CEO. "During the past year we`ve made remarkable progress towards
turning technology into products and have positioned ourselves to deliver
several products to the market in rapid succession beginning this year and
through 2002. The introduction of the Nomad wearable display later this year
will be followed by commercial launch of Microvision`s unique barcode products
and Lumera`s electro-optic modulators during 2002. We are encouraged by strong
prospects for growth in each of these product categories, and by continued and
growing sponsorship of our technology through U.S. Government programs.
Lumera Corporation
"During the fourth quarter the Company announced the formation of Lumera, a
subsidiary company focused on the development and commercialization of optical
component devices based on proprietary electro-optic polymer materials.
"During 2000, Microvision provided financing to Lumera in the form of loans to
the subsidiary convertible into equity in Lumera. The company previously
announced plans to complete a private placement financing of approximately $25
million to fund further development. We have been actively engaged in
discussions with potential investors and have substantially completed the
financing arrangements. We expect to announce completion of the financing
shortly.
"Based on our contact with prospective customers for Lumera`s products, we
anticipate strong demand for both 10- gigabit and 40-gigabit solutions, and we
are currently targeting volume commercial production during 2002 with delivery
of prototype devices to customers during the second half of this year.
Medical
"Working with potential customers and channel partners to develop applications
and markets for wearable displays continues to be a central part of our
strategic focus.
"During the quarter, the Cleveland Clinic Foundation joined the ranks of
Microvision`s clinical partners to develop a series of applications that will
advance the surgical use of RSD technology. The Cleveland Clinic will conduct
studies focused primarily on image-guided surgery and minimally invasive
procedures over the next year using both the Nomad display and a prototype full
color, head-up system called Spectrum.
"We continue to work with Carl Zeiss and other medical partners to develop
compelling applications for wearable displays in diagnostic and surgical
applications.
Aviation and Industrial
"We announced a cooperative agreement with R RAMJET Inc., a leading
aviation-consulting group. We will jointly pursue and develop head-worn displays
for flight crews during emergency smoke-in-cockpit situations. Our RSD
technology delivers bright, daylight readable, high-resolution images that will
not be affected by smoke.
"EUROCONTROL, The European Agency for the Safety of Air Navigation, purchased a
prototype Nomad for test and evaluation. With the `see-through` display, air
traffic controllers will be able to view computer-generated advisories while
maintaining visual contact with the terrain and airspace surrounding the
airfield. This in turn will lead to reduced stress and workload on the
controllers. We believe that improved visualization will be the key in reducing
the risk of runway incursion and near collisions.
Milestones For Scanning Technology
"Microvision`s Imaging Solutions Group, formed early during 2000, successfully
demonstrated a highly innovative hand-held laser scanning device for reading
bar-codes that features very low-power operation, small size and very low cost.
We continue to be encouraged by the pace of development and innovation with this
product as well as indications of interest from the market place. We will target
the product to meet needs in both the existing bar-code scanner market as well
as in the emerging market for mobile Internet and m-commerce solutions with
commercial production scheduled to begin next year.
"The Imaging Solutions Group also announced that they would utilize the
Company`s proprietary silicon micro-mirror technology to develop an ultra-high
resolution light-scanning camera. The development effort seeks to produce a
microminiature confocal camera that can be inserted into very small spaces to
transmit high-resolution, real time, three-dimensional images of objects at
extremely high magnification. The development of the confocal microprobe is
consistent with our strategy of leveraging Microvision`s core microscanning
technology and our core competencies in the design and development of
high-quality optical imaging systems.
Year 2001
"With additional growth expected in defense and aerospace, plus the introduction
of product by the end of the year, revenues in 2001 should increase by at least
50 percent over revenues in 2000. The majority of the growth will occur late in
the year as products are scheduled for shipment.
"As we move rapidly into prototyping and prepare for production in 2002, we
expect our investment to continue to grow. The continued growth will have an
impact on Microvision, Inc. earnings of approximately a net loss of $1.00 per
share," concluded Rutkowski.
First Quarter Event
In March 1994, the Company entered into an exclusive license agreement with the
University of Washington to acquire certain imaging technology separate and
distinct from the RSD technology. This imaging technology is referred to as
HALO. The original HALO license agreement required the Company to make payments
to the University upon filing a patent application and the issuance of a patent
as well as to pay royalties on products covered by such patents. In the first
quarter of 2001, the Company will make a final payment of approximately $900,000
to the University to convert the HALO license agreement to a fully a paid-up,
royalty free exclusive license. Nearly $800,000 of the payment will be a
non-cash stock payment with the remainder paid in cash.
Investors will have the opportunity to listen to Microvision`s conference call
regarding fourth quarter and year-end 2000 earnings at 8:00 a.m. PT over the
Internet through The First News website, located at http://www.thefirstnews.com
. To listen to the live call, go to the web site at least fifteen minutes early
to register, download, and install any necessary audio software. For those who
cannot listen to the live broadcast, a replay will be available on The First
News site shortly after the call.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the Company`s Web site at http://www.mvis.com .
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the
development of electro-optic devices based on proprietary optical polymers. The
company will deliver superior and unique component solutions to optical systems
suppliers. Lumera will supply standard and custom components to systems
providers in multiple high-growth product categories. Additional information can
be found at the company`s Web site at http://www.lumera.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. Such
forward-looking statements involve known and unknown risks, uncertainties, and
other factors that may cause actual results to differ materially from future
results expressed or implied in such statements. 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-K and Quarterly Reports on Form 10-Q, as filed with the
Securities and Exchange Commission. The Company disclaims any obligation to
update any such factors or to publicly announce the results of any revision to
any of the forward-looking statements contained in this news release.
Microvision, Inc.
Consolidated Balance Sheet
December 31, December 31,
2000 1999
(unaudited)
Assets
Current Assets
Cash and cash equivalents $7,307,400 $2,798,000
Investment securities,
available-for-sale 33,410,000 29,369,400
Accounts receivable, net 1,032,500 1,024,500
Costs and estimated earnings in
excess of billings on uncompleted
contracts 2,116,400 2,000,400
Current restricted investments 1,125,000 650,000
Other current assets 975,600 847,700
Total current assets 45,966,900 36,690,000
Long-term investment, at cost 623,600 623,600
Property and equipment, net 7,515,900 3,054,700
Restricted investments 951,000 1,100,000
Receivables from related parties 999,900 --
Other assets 113,900 150,700
Total assets $56,171,200 $41,619,000
Liabilities, Mandatorily Redeemable
Convertible Preferred Stock and
Shareholders` Equity
Current Liabilities
Accounts payable $1,974,500 $1,453,100
Accrued liabilities 2,359,000 2,000,100
Allowance for estimated contract
losses 295,000 --
Billings in excess of costs and
estimated earnings on uncompleted
contracts 418,600 167,000
Current portion of capital lease
obligations 316,500 220,800
Current portion of long-term debt 51,900 46,900
Total current liabilities 5,415,500 3,887,900
Capital lease obligations, net of
current portion 182,300 279,400
Long-term debt, net of current portion 289,600 341,500
Deferred rent, net of current portion 242,100 214,800
Total liabilities 6,129,500 4,723,600
Commitments and contingencies -- --
Mandatorily redeemable convertible
preferred stock -- 1,536,000
Shareholders` Equity
Common stock 120,506,100 75,518,300
Deferred compensation (4,378,200) (213,100)
Subscriptions receivable from
related parties (403,200) (349,100)
Accumulated other comprehensive
gain (loss) 454,200 (60,600)
Accumulated deficit (66,137,200) (39,536,100)
Total shareholders` equity 50,041,700 35,359,400
Total Liabilities, mandatorily
redeemable convertible preferred
stock and shareholders` equity $56,171,200 $41,619,000
Microvision, Inc.
Consolidated Statement of Operations
Three months ended Year ended
December 31, December 31,
2000 1999 2000 1999
(unaudited) (unaudited)
Revenue $2,864,600 $1,742,500 $8,120,600 $6,902,700
Cost of revenue 2,007,500 1,202,400 6,075,800 4,943,500
Gross margin 857,100 540,100 2,044,800 1,959,200
Research and
development
expense 5,669,200 3,566,700 19,520,400 10,199,000
Marketing, general
and administrative
expense 2,465,200 1,676,900 10,475,400 7,205,200
Non-cash compensation
expense 440,800 55,700 1,591,800 264,000
Total operating
expenses 8,575,200 5,299,300 31,587,600 17,668,200
Loss from
operations (7,718,100) (4,759,200) (29,542,800) (15,709,000)
Interest income 836,500 526,100 3,105,300 1,163,200
Interest expense (31,000) (41,200) (163,600) (172,200)
Net loss (6,912,600) (4,274,300) (26,601,100) (14,718,000)
Less: Preferred
dividend -- (154,400) -- (227,800)
Noncash beneficial
conversion
feature of
Series B
Preferred Stock -- -- -- (1,754,300)
Net loss available
for common
shareholders $(6,912,600) $(4,428,700) $(26,601,100) $(16,700,100)
Net loss per share
available for
common
shareholders
before non-cash
compensation
expense $(0.55) $(0.44) $(2.19) $(2.01)
Non-cash compensation
expense (0.03) (0.01) (0.14) (0.03)
Net loss per share
available for common
shareholders
-- basic and diluted $(0.58) $(0.45) $(2.33) $(2.04)
Weighted-average shares
outstanding
-- basic and
diluted 11,854,700 9,945,800 11,420,600 8,168,600
SOURCE Microvision, Inc.
CONTACT: investors, Holly Ash, 425-415-6794, or hollya@mvis.com, or
media, Matt Nichols, 425-415-6657, or mattn@mvis.com, both of
Microvision, Inc.
URL: http://www.thefirstnews.com
http://www.lumera.com
http://www.mvis.com
http://www.prnewswire.com
(C) 2001 PR Newswire. All rights reserved.
KEYWORD: Washington
INDUSTRY KEYWORD: CPR
STW
SUBJECT CODE: ERN
Feedback
Microvision Clarifies Comment in Earnings Release
BOTHELL, Wash., March 13 /PRNewswire/ -- Following this morning`s earnings release, Microvision, Inc. (Nasdaq: MVIS - news) would like to clarify a comment made by Rick Rutkowski, Microvision`s President and CEO, relating to its subsidiary, Lumera Corporation.
Mr. Rutkowski`s comment in paragraph two under the caption ``Year 2001`` in the earnings release should have been reported as follows:
``As Lumera builds its organization, moves into prototyping during 2001 and prepares for production in 2002, substantial investments will be required. We expect most of this investment to be funded by the first round of financing of approximately $24 million, which is near completion. As a result of these activities, we estimate that Lumera`s contribution to Microvision`s consolidated net loss will be approximately $1.00 per share in 2001,`` concluded Rutkowski.
BOTHELL, Wash., March 13 /PRNewswire/ -- Following this morning`s earnings release, Microvision, Inc. (Nasdaq: MVIS - news) would like to clarify a comment made by Rick Rutkowski, Microvision`s President and CEO, relating to its subsidiary, Lumera Corporation.
Mr. Rutkowski`s comment in paragraph two under the caption ``Year 2001`` in the earnings release should have been reported as follows:
``As Lumera builds its organization, moves into prototyping during 2001 and prepares for production in 2002, substantial investments will be required. We expect most of this investment to be funded by the first round of financing of approximately $24 million, which is near completion. As a result of these activities, we estimate that Lumera`s contribution to Microvision`s consolidated net loss will be approximately $1.00 per share in 2001,`` concluded Rutkowski.
Optical Networking Components Developer Lumera to Complete $24 Million Financing
BOTHELL, Wash., Mar 14, 2001 /PRNewswire via COMTEX/ -- Optical networking
components developer Lumera Corporation (www.lumera.com), a subsidiary of
Microvision, Inc. (Nasdaq: MVIS), announced today that it will complete a $24
million round of financing led by Cisco Systems, Inc.
Lumera is developing a new generation of unique active and passive components
for optical networks that are expected to deliver increased bandwidth at very
competitive costs while requiring less power than current devices. The company
says that its technology also sets the stage for integrated optical
systems-on-a-chip. Lumera`s component development is based on proprietary
electro-optic polymer materials developed by the company and its research
partners at the University of Washington. According to industry analysts, the
market for fiber-optic components is expected to show dramatic growth from $5.5
billion today to nearly $23 billion by 2003 and to $150 billion by 2005.
This round of financing marks the first investment in Lumera by investors
outside of Microvision, which has provided seed financing for the subsidiary
since its inception. The company will use the proceeds to continue its research
and development activities and to position the company to begin commercializing
its technology beginning as early as mid-2002. In addition to Cisco, investors
in the round include The Barksdale Group, Acorn Ventures, WRF Capital, former
CEO of XO Communications and Lumera board member Wayne Perry, Qualcomm
co-founder and former Vice Chairman Andrew Viterbi, Microvision board member
Margaret Elardi, and a group of prominent Northwest angel investors.
"This has been a wonderfully successful financing with a strong group of
seasoned investors that offer real strategic value-added," said Lumera Chairman
William Owens. "We continue to make outstanding progress at Lumera, and the
addition of substantial capital invested by people with tremendous industry
presence and expertise can only accelerate that progress. We intend to be the
first company to successfully commercialize polymer-based electro-optic devices
that we believe can ultimately redefine performance and cost in the space."
Lumera plans to market its unique, high performance optical components to
providers of optical networking systems equipment. The company expects to make
prototype devices available to customers for testing during 2001 with commercial
production scheduled to begin during 2002. Prototype devices based on materials
developed by Lumera`s research team have already achieved record-setting
bandwidth (in excess of 100 GHz) and operating voltages (below 1 volt) in
demonstrations at commercial and government research labs.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.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 thereby. Such forward-looking
statements involve known and unknown risks, uncertainties, and other factors
that may cause actual results to differ materially from future results expressed
or implied in such statements. These risks and uncertainties include the
company`s failure to successfully develop or commercialize polymer-based
electro-optical devices, the enhancement or development of substitute
technologies by the company`s competitors, the inability of the company to
secure beta test users for its prospective prototypes or customers for its
commercial products, and other factors set forth in Microvision`s Annual Report
on Form 10-K and Quarterly Reports on Form 10-Q, as filed with the Securities
and Exchange Commission. The Company disclaims any obligation to update any such
factors or to publicly announce the results of any revisions to any of the
forward-looking statements contained in this news release.
SOURCE Lumera Corporation
CONTACT: media, Matt Nichols, 425-415-6657, or mattn@mvis.com, or
investors, Holly Ash, 425-415-6794, or hollya@mvis.com, for Lumera
Corporation
URL: http://www.lumera.com
http://www.mvis.com
http://www.prnewswire.com
(C) 2001 PR Newswire. All rights reserved.
KEYWORD: Washington
INDUSTRY KEYWORD: TLS
CPR
SUBJECT CODE: FNC
Feedback
BOTHELL, Wash., Mar 14, 2001 /PRNewswire via COMTEX/ -- Optical networking
components developer Lumera Corporation (www.lumera.com), a subsidiary of
Microvision, Inc. (Nasdaq: MVIS), announced today that it will complete a $24
million round of financing led by Cisco Systems, Inc.
Lumera is developing a new generation of unique active and passive components
for optical networks that are expected to deliver increased bandwidth at very
competitive costs while requiring less power than current devices. The company
says that its technology also sets the stage for integrated optical
systems-on-a-chip. Lumera`s component development is based on proprietary
electro-optic polymer materials developed by the company and its research
partners at the University of Washington. According to industry analysts, the
market for fiber-optic components is expected to show dramatic growth from $5.5
billion today to nearly $23 billion by 2003 and to $150 billion by 2005.
This round of financing marks the first investment in Lumera by investors
outside of Microvision, which has provided seed financing for the subsidiary
since its inception. The company will use the proceeds to continue its research
and development activities and to position the company to begin commercializing
its technology beginning as early as mid-2002. In addition to Cisco, investors
in the round include The Barksdale Group, Acorn Ventures, WRF Capital, former
CEO of XO Communications and Lumera board member Wayne Perry, Qualcomm
co-founder and former Vice Chairman Andrew Viterbi, Microvision board member
Margaret Elardi, and a group of prominent Northwest angel investors.
"This has been a wonderfully successful financing with a strong group of
seasoned investors that offer real strategic value-added," said Lumera Chairman
William Owens. "We continue to make outstanding progress at Lumera, and the
addition of substantial capital invested by people with tremendous industry
presence and expertise can only accelerate that progress. We intend to be the
first company to successfully commercialize polymer-based electro-optic devices
that we believe can ultimately redefine performance and cost in the space."
Lumera plans to market its unique, high performance optical components to
providers of optical networking systems equipment. The company expects to make
prototype devices available to customers for testing during 2001 with commercial
production scheduled to begin during 2002. Prototype devices based on materials
developed by Lumera`s research team have already achieved record-setting
bandwidth (in excess of 100 GHz) and operating voltages (below 1 volt) in
demonstrations at commercial and government research labs.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.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 thereby. Such forward-looking
statements involve known and unknown risks, uncertainties, and other factors
that may cause actual results to differ materially from future results expressed
or implied in such statements. These risks and uncertainties include the
company`s failure to successfully develop or commercialize polymer-based
electro-optical devices, the enhancement or development of substitute
technologies by the company`s competitors, the inability of the company to
secure beta test users for its prospective prototypes or customers for its
commercial products, and other factors set forth in Microvision`s Annual Report
on Form 10-K and Quarterly Reports on Form 10-Q, as filed with the Securities
and Exchange Commission. The Company disclaims any obligation to update any such
factors or to publicly announce the results of any revisions to any of the
forward-looking statements contained in this news release.
SOURCE Lumera Corporation
CONTACT: media, Matt Nichols, 425-415-6657, or mattn@mvis.com, or
investors, Holly Ash, 425-415-6794, or hollya@mvis.com, for Lumera
Corporation
URL: http://www.lumera.com
http://www.mvis.com
http://www.prnewswire.com
(C) 2001 PR Newswire. All rights reserved.
KEYWORD: Washington
INDUSTRY KEYWORD: TLS
CPR
SUBJECT CODE: FNC
Feedback
Title: Josephthal & Co. Views
Author: Adam Westell
Report Source: JAGfn.com ®
(Added 3/14/2001 8:17:53 AM)
Categories: Stock Picks, Stocks To Watch, Up/Downgrades
Email link to this Article
Click here to Get Free Stuff and Free Trial!
Article: Josephthal & Co. Views
APA- reiterate buy
FO- reiterate buy - target $35
MVIS- reiterate buy - target $35
WSM- reiterate hold
http://www.jagfn.com/
Author: Adam Westell
Report Source: JAGfn.com ®
(Added 3/14/2001 8:17:53 AM)
Categories: Stock Picks, Stocks To Watch, Up/Downgrades
Email link to this Article
Click here to Get Free Stuff and Free Trial!
Article: Josephthal & Co. Views
APA- reiterate buy
FO- reiterate buy - target $35
MVIS- reiterate buy - target $35
WSM- reiterate hold
http://www.jagfn.com/
So, wir haben einen crashmarkt auf der einen Seite und hervorragende News auf der anderen Seite.
Über die Zahlen spricht in Amerika niemand. MVIS ist noch eine Entwicklungscompany, die Prototypen ausliefert.
financing led by Cisco Systems, Inc.
Dies ist der Hammer! Man hat es geschafft, den Giganten an Board zu holen. Darüber gibt es keine einzige negative Stimme. Aber wir haben nunmal einen Crashmarkt...
M_3
Über die Zahlen spricht in Amerika niemand. MVIS ist noch eine Entwicklungscompany, die Prototypen ausliefert.
financing led by Cisco Systems, Inc.
Dies ist der Hammer! Man hat es geschafft, den Giganten an Board zu holen. Darüber gibt es keine einzige negative Stimme. Aber wir haben nunmal einen Crashmarkt...
M_3
Plastics to power start-up`s optics
By Corey Grice
Staff Writer, CNET News.com
March 14, 2001, 12:50 p.m. PT
Optical component start-up Lumera completed a $24 million round of funding Wednesday led by Cisco Systems, the latest such company to attract an investment from the networking giant.
Other investors include former Netscape Communications Chief Executive Jim Barksdale`s investment firm The Barksdale Group, Acorn Ventures, WRF Capital, some current and former executives of Qualcomm, XO Communications, Teledesic and Microvision. Several individual "angel" investors also contributed.
For Cisco, the investment is just the latest by the communications equipment powerhouse in an optical parts maker. Cisco took a stake in Gemfire earlier this month and has made several other optical investments recently.
For its part, Lumera plans to use the money to fund development of its first prototype products. "The investment means we can stay on track to achieve commercialization in 2002," Lumera President Rick Rutkowski said.
The company believes its proprietary polymer material--essentially plastic--is the key to building faster fiber-optic networks. The start-up company is aiming to be the first to commercialize the use of polymers in optical communications gear, though other companies including Pacific Wave Industries and Ipitek are working with similar polymer compounds.
Lumera is developing optical components, which it hopes to sell to networking equipment makers. The components use light-sensitive molecules that are embedded in plastic polymers to shuttle data traffic at the blazing speed of 100 gigabits per second (Gbps). Most next-generation optical systems are expected to carry traffic at 40Gbps.
The technology, in addition to being something of a novelty, in theory can route data at much faster rates than existing technologies, proponents say. In addition, lower power consumption by the polymer-based products can reduce costs and the heat generated by some of today`s high-end communications gear, according to the technology`s backers. As a result, the company believes it can integrate many optical subsystems into a single device.
"Why are they chasing these improvements in components? We`re just scratching the surface of the types of applications we`re going to use," said Robert Rosenberg, president at Insight Research, a communications industry research firm. "Anything that reduces size and power consumption...is extremely important."
How it works
Fiber-optic networks send voice and Internet traffic as pulses of multicolored, though undetectable, light over fishing line-like glass strands. Recent advances in optical technology have led to an explosion of new communications carrier networks with immense bandwidth, or capacity. But as the Internet grows so does demand for bandwidth--and thus optical research and development has increased.
At the heart of the Lumera technology are chromophores, light-sensitive organic molecules.
These chromophores, which react when electrically stimulated, are blended into a chemically synthesized plastic. The plastic is adhered to a semiconductor chip, which, when electrically charged, aligns the chromophores giving them the ability to block light or let it pass.
The technology is capable of routing or switching fiber-optic signals, and proponents believe the plastic materials can do so faster, and while consuming less power, than with current optical switching mechanisms. The technology also is faster at converting data from electrical to optical signals.
Larry Dalton, a professor at the University of Washington, conducted much of the research. Now Lumera intends to develop optical modulator components based on his findings.
The company, a subsidiary of Microvision, which makes imaging products and retinal scanners, is building prototypes of its first modulator. Lumera`s modulator components are expected to be available for testing later this year and commercially available by mid-year 2002, according to Lumera executives.
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By Corey Grice
Staff Writer, CNET News.com
March 14, 2001, 12:50 p.m. PT
Optical component start-up Lumera completed a $24 million round of funding Wednesday led by Cisco Systems, the latest such company to attract an investment from the networking giant.
Other investors include former Netscape Communications Chief Executive Jim Barksdale`s investment firm The Barksdale Group, Acorn Ventures, WRF Capital, some current and former executives of Qualcomm, XO Communications, Teledesic and Microvision. Several individual "angel" investors also contributed.
For Cisco, the investment is just the latest by the communications equipment powerhouse in an optical parts maker. Cisco took a stake in Gemfire earlier this month and has made several other optical investments recently.
For its part, Lumera plans to use the money to fund development of its first prototype products. "The investment means we can stay on track to achieve commercialization in 2002," Lumera President Rick Rutkowski said.
The company believes its proprietary polymer material--essentially plastic--is the key to building faster fiber-optic networks. The start-up company is aiming to be the first to commercialize the use of polymers in optical communications gear, though other companies including Pacific Wave Industries and Ipitek are working with similar polymer compounds.
Lumera is developing optical components, which it hopes to sell to networking equipment makers. The components use light-sensitive molecules that are embedded in plastic polymers to shuttle data traffic at the blazing speed of 100 gigabits per second (Gbps). Most next-generation optical systems are expected to carry traffic at 40Gbps.
The technology, in addition to being something of a novelty, in theory can route data at much faster rates than existing technologies, proponents say. In addition, lower power consumption by the polymer-based products can reduce costs and the heat generated by some of today`s high-end communications gear, according to the technology`s backers. As a result, the company believes it can integrate many optical subsystems into a single device.
"Why are they chasing these improvements in components? We`re just scratching the surface of the types of applications we`re going to use," said Robert Rosenberg, president at Insight Research, a communications industry research firm. "Anything that reduces size and power consumption...is extremely important."
How it works
Fiber-optic networks send voice and Internet traffic as pulses of multicolored, though undetectable, light over fishing line-like glass strands. Recent advances in optical technology have led to an explosion of new communications carrier networks with immense bandwidth, or capacity. But as the Internet grows so does demand for bandwidth--and thus optical research and development has increased.
At the heart of the Lumera technology are chromophores, light-sensitive organic molecules.
These chromophores, which react when electrically stimulated, are blended into a chemically synthesized plastic. The plastic is adhered to a semiconductor chip, which, when electrically charged, aligns the chromophores giving them the ability to block light or let it pass.
The technology is capable of routing or switching fiber-optic signals, and proponents believe the plastic materials can do so faster, and while consuming less power, than with current optical switching mechanisms. The technology also is faster at converting data from electrical to optical signals.
Larry Dalton, a professor at the University of Washington, conducted much of the research. Now Lumera intends to develop optical modulator components based on his findings.
The company, a subsidiary of Microvision, which makes imaging products and retinal scanners, is building prototypes of its first modulator. Lumera`s modulator components are expected to be available for testing later this year and commercially available by mid-year 2002, according to Lumera executives.
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Cisco, Corning back fiber-optics maker Gemfire March 4, 2001
Get this story`s "Big Picture"
Also from CNET Networks
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Find out if YourName.com available?
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CNET`s Top 5 Handhelds
Today`s Hot Topics
Yahoo
Services
Handhelds
Fiber optics
IBM
Nasdaq
Storage
Search
News.com
All CNET
The Web
Latest Headlines
display on desktop
Sony bets on cell phones as game platform
Diller tells Hollywood not to race to Net
Emachines pays millions to CEOs
Gateway sues Vitech over $41 million loan
Stars align in satellite-Net deal
CoSine points at low industry spending
AT&T CEO`s bonus cut due to slump
Amazon patent naysayers come up empty
Verity tops estimates, leaves targets intact
Intel pushes back opening of Ireland plant
Apple grabs software maker for $62 million
Microsoft schedules online appointments for .Net
TI to close Santa Cruz plant
WorldCom gains on bullish outlook
eBay`s Whitman: Net has lots of fight left
Athlon-based notebooks hit a snag
Dow tumbles into four-digit territory
Intel reorganizes business units, executives
Anonymous company goes after John Does
Will new Clie rescue Sony`s sales?
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Shows and Events
Microvision is planning to attend the following upcoming events. In some cases, demonstrations of the technology will not be available on the show floor and will be by invitation only. This section will continue to be updated as new events are added to our schedule.
Name Date Location Other Info
Aviation Week’s MRO 2001 April 3-5, 2001 Wyndham Anatole Hotel, Dallas, Texas Booth# – 219
MRO 2001: Aviation Week’s April 3-5, 2001 Wyndham Anatole Hotel
Dallas, TX Co-Exhibiting w/ Command Technology Inc –
Booth# 104
Quad-A: AAAA Annual Conventions April 4 - 7, 2001 Charlotte, North Carolina Attending
Paris Air Show June 2001 Paris, France Booth# - TBD
AUSA 2001 Annual Meeting: Annual Meeting Association of the United States Army October 2001/font> Marriott Wardman Park Hotel & Omni Shoreham Hotel
Washington D.C. Booth# - TBD
Portable Design Conference 2002 January 15-17, 2002 Santa Clara Marriott
Santa Clara, CA Booth# - 505
Microvision is planning to attend the following upcoming events. In some cases, demonstrations of the technology will not be available on the show floor and will be by invitation only. This section will continue to be updated as new events are added to our schedule.
Name Date Location Other Info
Aviation Week’s MRO 2001 April 3-5, 2001 Wyndham Anatole Hotel, Dallas, Texas Booth# – 219
MRO 2001: Aviation Week’s April 3-5, 2001 Wyndham Anatole Hotel
Dallas, TX Co-Exhibiting w/ Command Technology Inc –
Booth# 104
Quad-A: AAAA Annual Conventions April 4 - 7, 2001 Charlotte, North Carolina Attending
Paris Air Show June 2001 Paris, France Booth# - TBD
AUSA 2001 Annual Meeting: Annual Meeting Association of the United States Army October 2001/font> Marriott Wardman Park Hotel & Omni Shoreham Hotel
Washington D.C. Booth# - TBD
Portable Design Conference 2002 January 15-17, 2002 Santa Clara Marriott
Santa Clara, CA Booth# - 505
Lumera gets Cisco`s attention, $24M
COMPUTER HARDWARE, TELECOMMUNICATIONS
By Bob Savage, LocalBusiness.com
Mar 14, 2001 02:44 PM ET
BOTHELL, Wash., Mar 14 (LocalBusiness.com) -- It`s a tough money market these days, but Lumera Corp. is definitely in the chips. Cisco Systems Inc. is the lead investor in a $24 million Series A funding round announced today by the optical chip maker.
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"We had numerous suitors, but Cisco prevailed," said Matt Nichols, director of communications at Lumera and its parent company Microvision Inc. The Bothell, Wash.-based Lumera may look for another round of funding by the end of 2001, Nichols said.
Other investors in the round include: the Barksdale Group; Acorn Ventures; WRF Capital; Wayne Perry, the former CEO of XO Communications and a Lumera board member; Qualcomm co-founder and former Vice Chairman Andrew Viterbi; Microvision board member Margaret Elardi and a group of Northwest angel investors.
Lumera, with 20 employees, became a subsidiary of Microvision last fall, when Microvision (Nasdaq: MVIS) loaned Lumera about $3 million in seed funding. Microvision is developing wearable computer headgear that projects 3-D images directly on the retina to create see-through images for doctors and the military, among others.
Lumera will use its latest funding round to continue developing its high-speed optical chips. The company said it should have its prototypes to potential customers by this summer, with plans to bring its products to market by 2002.
Some of the development of the company`s chips was part of a partnership with the University of Washington.
Lumera`s market niche is optical components with a long term view of when fiber optic networks stretch not only across countries, continents and oceans, but even down to the last mile and into optically-based computers.
According to Hillary MacDonald, product manager at Lumera, the company`s materials let telecommunications carriers send information at much higher speeds and at a lower voltage than materials now in use, such as lithium niobates and gallium arsenide.
Cheaper, faster transmissions
Lumera`s technology that uses lower energy at higher speeds is what companies like Cisco, Nortel and Qualcomm are looking for, MacDonald told LocalBusiness.com.
http://www.localbusiness.com/Story/0,1118,SEA_680324,00.html
According to MacDonald, Lumera`s technology can potentially send information at 40 gigabits per second, compared to the highest rate now of 10 gigabits per second. A more common standard is 2.5 gigabits per second.
Nichols said the company will be expanding its employee base to over 150 in the next 18 months.
"The optical components market is just beginning," Nichols said.
COMPUTER HARDWARE, TELECOMMUNICATIONS
By Bob Savage, LocalBusiness.com
Mar 14, 2001 02:44 PM ET
BOTHELL, Wash., Mar 14 (LocalBusiness.com) -- It`s a tough money market these days, but Lumera Corp. is definitely in the chips. Cisco Systems Inc. is the lead investor in a $24 million Series A funding round announced today by the optical chip maker.
Printer-friendly format
E-Mail this to a friend
Receive updates by e-mail for related content
Want to reuse this article?
Click here for options!
© Copyright LocalBusiness.com
"We had numerous suitors, but Cisco prevailed," said Matt Nichols, director of communications at Lumera and its parent company Microvision Inc. The Bothell, Wash.-based Lumera may look for another round of funding by the end of 2001, Nichols said.
Other investors in the round include: the Barksdale Group; Acorn Ventures; WRF Capital; Wayne Perry, the former CEO of XO Communications and a Lumera board member; Qualcomm co-founder and former Vice Chairman Andrew Viterbi; Microvision board member Margaret Elardi and a group of Northwest angel investors.
Lumera, with 20 employees, became a subsidiary of Microvision last fall, when Microvision (Nasdaq: MVIS) loaned Lumera about $3 million in seed funding. Microvision is developing wearable computer headgear that projects 3-D images directly on the retina to create see-through images for doctors and the military, among others.
Lumera will use its latest funding round to continue developing its high-speed optical chips. The company said it should have its prototypes to potential customers by this summer, with plans to bring its products to market by 2002.
Some of the development of the company`s chips was part of a partnership with the University of Washington.
Lumera`s market niche is optical components with a long term view of when fiber optic networks stretch not only across countries, continents and oceans, but even down to the last mile and into optically-based computers.
According to Hillary MacDonald, product manager at Lumera, the company`s materials let telecommunications carriers send information at much higher speeds and at a lower voltage than materials now in use, such as lithium niobates and gallium arsenide.
Cheaper, faster transmissions
Lumera`s technology that uses lower energy at higher speeds is what companies like Cisco, Nortel and Qualcomm are looking for, MacDonald told LocalBusiness.com.
http://www.localbusiness.com/Story/0,1118,SEA_680324,00.html
According to MacDonald, Lumera`s technology can potentially send information at 40 gigabits per second, compared to the highest rate now of 10 gigabits per second. A more common standard is 2.5 gigabits per second.
Nichols said the company will be expanding its employee base to over 150 in the next 18 months.
"The optical components market is just beginning," Nichols said.
http://seattlep-i.nwsource.com/business/lumera15.shtml
Lumera raises $24 million to build next big thing in networks
Thursday, March 15, 2001
By JOHN COOK
SEATTLE POST-INTELLIGENCER REPORTER
In the high-stakes race to build a faster and more reliable telecommunications network, Lumera Corp. of Bothell believes it has found the holy grail: polymers.
Some big-name investors seem to agree.
Lumera -- formed in October through a partnership between the University of Washington and Microvision -- yesterday raised $24 million in a first round of capital financing led by Cisco Systems.
Unlike many of its competitors, Lumera is developing optical equipment that uses organic polymers or plastics to help send data over telecommunications networks at more than twice the speeds currently available. In addition to higher speeds, Lumera`s polymer approach uses far less power than products currently made by Lucent, JDS Uniphase and other makers of optical components that rely on crystals, executives say.
Lumera Corp. hopes devices made of polymers, such as the test wafer held by product manager Hillary MacDonald, will aid data transmission.
Phil H. Webber / Seattle Post-Intelligencer
Click for larger photo
"One of the challenges you have with crystalline materials is that they are brittle so they are much more challenging to work with than plastics are," said Rick Rutkowski, chief executive of Microvision and acting president of Lumera. "Polymers give us two things: One is ... a performance advantage with respect to being able to achieve high data rates at low voltages, and the second is they give us a cost advantage because they are easier to process and we can get a higher yield."
He said the Lumera device will be able to move data at 40 gigabits per second whereas devices currently being used operate at 2.5 gigabits or 10 gigabits.
Lumera plans to unveil its prototype device -- known as an electro-optic modulator switch -- early this summer with full commercialization slated for next year. Potential customers include such networking companies as Cisco, Nortel Networks and Corning.
Rutkowski said the company is looking for a manufacturing facility in the Seattle area to build the tiny chiplike devices. It is also seeking a full-time chief executive and chief technology officer, Rutkowski said. The company has about 20 employees with plans to more than double by midyear.
After yesterday`s investment from Cisco, The Barksdale Group, Acorn Ventures and WRF Capital, Microvision owns 58 percent of the company. The UW, which developed much of the technology through work by professors Larry Dalton and Bruce Robinson, holds a minority stake.
Casey Tegrene, the intellectual property attorney at Lumera, said the start-up has applied for two patents and is planning to build a strong intellectual property portfolio in the coming years.
That is one of the reasons Cisco invested, Tegrene said.
"Cisco is a very sophisticated company when it comes to technology and its development in intellectual property," he said. "Cisco would not invest in a company that had not adequately protected its assets."
Executives at Cisco could not be reached for comment.
John Reagh, managing director at WRF Capital in Seattle, said his firm invested because of the potentially groundbreaking technology.
"It is kind of like if you had a patent on silicon back when they started making microchips," Reagh said. "At least we are hoping it turns out that way."
While stocks of many optical component manufacturers are tumbling and some analysts are cutting back on their revenue projections for the sector, Rutkowski said he is not very worried.
"People have revised downward some of their forecasts, which is a lot more meaningful for a company doing billions of dollars than it is for a company like ours that wants to get to hundreds of millions of dollars," he said. "There is still plenty of market there and plenty of growth and plenty of demand."
Lumera is part of Seattle`s growing community of optical networking start-ups, which includes such companies as nLight Photonics and Terabeam Networks.
Microvision, a maker of image display technology, gained 4 percent yesterday to close at $15.25.
--------------------------------------------------------------------------------
Lumera raises $24 million to build next big thing in networks
Thursday, March 15, 2001
By JOHN COOK
SEATTLE POST-INTELLIGENCER REPORTER
In the high-stakes race to build a faster and more reliable telecommunications network, Lumera Corp. of Bothell believes it has found the holy grail: polymers.
Some big-name investors seem to agree.
Lumera -- formed in October through a partnership between the University of Washington and Microvision -- yesterday raised $24 million in a first round of capital financing led by Cisco Systems.
Unlike many of its competitors, Lumera is developing optical equipment that uses organic polymers or plastics to help send data over telecommunications networks at more than twice the speeds currently available. In addition to higher speeds, Lumera`s polymer approach uses far less power than products currently made by Lucent, JDS Uniphase and other makers of optical components that rely on crystals, executives say.
Lumera Corp. hopes devices made of polymers, such as the test wafer held by product manager Hillary MacDonald, will aid data transmission.
Phil H. Webber / Seattle Post-Intelligencer
Click for larger photo
"One of the challenges you have with crystalline materials is that they are brittle so they are much more challenging to work with than plastics are," said Rick Rutkowski, chief executive of Microvision and acting president of Lumera. "Polymers give us two things: One is ... a performance advantage with respect to being able to achieve high data rates at low voltages, and the second is they give us a cost advantage because they are easier to process and we can get a higher yield."
He said the Lumera device will be able to move data at 40 gigabits per second whereas devices currently being used operate at 2.5 gigabits or 10 gigabits.
Lumera plans to unveil its prototype device -- known as an electro-optic modulator switch -- early this summer with full commercialization slated for next year. Potential customers include such networking companies as Cisco, Nortel Networks and Corning.
Rutkowski said the company is looking for a manufacturing facility in the Seattle area to build the tiny chiplike devices. It is also seeking a full-time chief executive and chief technology officer, Rutkowski said. The company has about 20 employees with plans to more than double by midyear.
After yesterday`s investment from Cisco, The Barksdale Group, Acorn Ventures and WRF Capital, Microvision owns 58 percent of the company. The UW, which developed much of the technology through work by professors Larry Dalton and Bruce Robinson, holds a minority stake.
Casey Tegrene, the intellectual property attorney at Lumera, said the start-up has applied for two patents and is planning to build a strong intellectual property portfolio in the coming years.
That is one of the reasons Cisco invested, Tegrene said.
"Cisco is a very sophisticated company when it comes to technology and its development in intellectual property," he said. "Cisco would not invest in a company that had not adequately protected its assets."
Executives at Cisco could not be reached for comment.
John Reagh, managing director at WRF Capital in Seattle, said his firm invested because of the potentially groundbreaking technology.
"It is kind of like if you had a patent on silicon back when they started making microchips," Reagh said. "At least we are hoping it turns out that way."
While stocks of many optical component manufacturers are tumbling and some analysts are cutting back on their revenue projections for the sector, Rutkowski said he is not very worried.
"People have revised downward some of their forecasts, which is a lot more meaningful for a company doing billions of dollars than it is for a company like ours that wants to get to hundreds of millions of dollars," he said. "There is still plenty of market there and plenty of growth and plenty of demand."
Lumera is part of Seattle`s growing community of optical networking start-ups, which includes such companies as nLight Photonics and Terabeam Networks.
Microvision, a maker of image display technology, gained 4 percent yesterday to close at $15.25.
--------------------------------------------------------------------------------
Steht eigentlich schon fest wann die Geräte für den Privatkunden auf den Markt kommen werden? Die für Industriekunden sind ja für die zweite Jahreshälfte angesagt.
Was für 2001 feststeht sind die Auslieferungen der NOMADs. Über Stückzahl, Preis etc. ist aber zumindest mir nichts bekannt.
Der jüngste Kursanstieg (gestern kurz vor Handelsende nochmals große Volumina) resultiert m.E.n. aus der sehr erfolgreichen Finanzierung "led bei Cisco". Einen besseren Partner konnte man dafür nicht gewinnen; man nenne mir einen besseren. Dies erhöht natürlich die Chance daß Microvision - Lumera in 2, 3 Jahren ein sehr großes (und teures) Unternehmen sein wird. Die Chance ist da, ebenso das Risiko.
Jetzt mal schauen inwieweit Microvision die Ankündigungen für 2001 (Nomad) erfüllt.
An der NASDAQ redet alles über Q-Zahlen, nur nicht bei Microvision, ist auch irrelevant. Man hat jedoch die Aussage 2001 mehr Einnahmen zu haben wie 2000. Mit Lumera will man 2002 Einnahmen generieren.
Ist vom Prinzip her nicht mehr lange hin. Der Partner Cisco ist wie gesagt der Hammer.
high chance, high risk...
Der jüngste Kursanstieg (gestern kurz vor Handelsende nochmals große Volumina) resultiert m.E.n. aus der sehr erfolgreichen Finanzierung "led bei Cisco". Einen besseren Partner konnte man dafür nicht gewinnen; man nenne mir einen besseren. Dies erhöht natürlich die Chance daß Microvision - Lumera in 2, 3 Jahren ein sehr großes (und teures) Unternehmen sein wird. Die Chance ist da, ebenso das Risiko.
Jetzt mal schauen inwieweit Microvision die Ankündigungen für 2001 (Nomad) erfüllt.
An der NASDAQ redet alles über Q-Zahlen, nur nicht bei Microvision, ist auch irrelevant. Man hat jedoch die Aussage 2001 mehr Einnahmen zu haben wie 2000. Mit Lumera will man 2002 Einnahmen generieren.
Ist vom Prinzip her nicht mehr lange hin. Der Partner Cisco ist wie gesagt der Hammer.
high chance, high risk...
Exclusive Reports
From the March 16, 2001 print edition
Lumera racing forward to speed fiber networks
M. Sharon Baker Staff Writer
Lumera Corp., the fiber-optic technology spinoff of Microvision Inc., received a huge endorsement this week from Cisco Systems Inc.
Now the startup plans to move swiftly to prove its claims of a new technology that can carry fiber-optic networks to new levels of speed and efficiency.
The Bothell company will do that with the $24 million round of funding by Cisco and other investors. In Cisco, Lumera also gains a potential strategic partner and customer, said Rick Rutkowski, chief executive officer of publicly traded Microvision.
The funding comes as fiber-optic companies and component makers have taken a beating on Wall Street. Cisco, Corning and other producers of fiber-optic networks and components are also cutting back growth forecasts.
But Rutkowski said that in the world of fiber-optic components, having the fastest technology at a reasonable cost equates to a considerable market leadership position. For instance, he said, Cisco`s major competitor, Nortel Networks Corp., "gained a huge amount of market share" as a result of introducing the first fiber-optic network equipment capable of transmitting at 10 gigabits, or 10 billion bits of data, per second.
"Today, getting to 40 gigabits has the same strategic value," he said.
Lumera`s breakthrough is the work of Dr. Larry Dalton and his University of Washington colleagues. They have developed an electro-optic polymer that has the ability to switch light when electric voltage is applied. When the polymer is applied to optical chips, the chips can support transmission speeds up to 100 gigabits per second in the lab, company officials said.
Lumera`s initial goal is to create a commercial product that can efficiently handle 40 gigabits. That`s faster than the speeds produced by the current switching technology, which uses an "unstable compound" called lithium niobate, said Rutkowski.
In the race to make fiber-optic components that are faster, cheaper and consume less power, Lumera claims its polymer does all three.
"We have an enabling technology that provides substantial increases in performance, and substantial gains in cost reduction as well," said Rutkowski.
Herman Presby, a 20-year Bell Labs veteran who is now a researcher at Terabeam Corp. of Kirkland, said that scientists "have been dreaming of a material that performs as well as lithium niobate in its optical characteristics, but at much lower-voltage efficiencies.
"If Lumera can commercially achieve what it claims, it`s a significant improvement," he said.
Presby isn`t personally familiar with Lumera or its polymer, but he knows the industry. "Any company that (currently) makes use of lithium niobate is looking to improve their standing with new technology," he added. "If Lumera can prove what it promises, then a whole host of companies are going to be interested."
Apparently they were. Microvision executives were flooded with calls from Cisco and other major fiber-optic companies within hours of spinning off Lumera last fall, Rutkowski said.
That`s because telecom companies that are laying fiber networks are interested in reducing the number of fiber cable interconnections used in their networks as well as boosting network performance. Any material that consumes less power is also attractive, as this reduces the company`s need to cool its systems, which typically produce a lot of heat.
In addition to Cisco, investors in the funding round include The Barksdale Group, Acorn Ventures, the Washington Research Foundation, and various individual investors. Cisco executives declined to comment on the deal, as it is the company`s policy not to talk about its minority investments.
The investment gives Lumera an $86 million valuation, one that generated a flood of phone calls from investment bankers within 24 hours of the Cisco announcement, said Rutkowski. "This is quite a coup, especially in this environment," he said, adding that Lumera will most likely seek its second outside round later this year.
Lumera was spun off late last year, with seed money of about $3.5 million from Microvision. Originally, Microvision held a 76 percent stake, with the remaining ownership granted in stock to the University of Washington and some of the original founders of the material. The publicly traded company now holds a 58 percent stake.
A large part of the $24 million will be spent to ramp up its management team and bring its polymer into the early stages of commercial production. The company aims to have prototype polymers to customers this year, and to start shipping custom components for customers to test by the end of the year. "We are currently targeting volume commercial production during 2002 with delivery of prototype devices to customers during the second half of this year," said Rutkowski.
Executives plan to build a fabrication facility that can handle up to 10,000 units a month. Making a mix of products that cost from $4,000 to $5,000 a piece, Lumera would generate about $5 million in sales a month if the fabrication plant was running 10 percent capacity. "So we`re looking at several hundred million dollars in revenue potential pretty quickly, with strong demand," Rutkowski said.
That would be a new experience for Microvision, which last year posted sales of a $8.1 million and a loss of $26.6 million. Rutkowski expects Microvision`s sales to increase 50 percent this year.
Lumera is scouting sites nearby in Bothell for a fabrication facility that would employ some 150 to 200 people a shift.
Reach M. Sharon Baker at 206-447-8505 ext. 107 or sbaker@bizjournals.com.
From the March 16, 2001 print edition
Lumera racing forward to speed fiber networks
M. Sharon Baker Staff Writer
Lumera Corp., the fiber-optic technology spinoff of Microvision Inc., received a huge endorsement this week from Cisco Systems Inc.
Now the startup plans to move swiftly to prove its claims of a new technology that can carry fiber-optic networks to new levels of speed and efficiency.
The Bothell company will do that with the $24 million round of funding by Cisco and other investors. In Cisco, Lumera also gains a potential strategic partner and customer, said Rick Rutkowski, chief executive officer of publicly traded Microvision.
The funding comes as fiber-optic companies and component makers have taken a beating on Wall Street. Cisco, Corning and other producers of fiber-optic networks and components are also cutting back growth forecasts.
But Rutkowski said that in the world of fiber-optic components, having the fastest technology at a reasonable cost equates to a considerable market leadership position. For instance, he said, Cisco`s major competitor, Nortel Networks Corp., "gained a huge amount of market share" as a result of introducing the first fiber-optic network equipment capable of transmitting at 10 gigabits, or 10 billion bits of data, per second.
"Today, getting to 40 gigabits has the same strategic value," he said.
Lumera`s breakthrough is the work of Dr. Larry Dalton and his University of Washington colleagues. They have developed an electro-optic polymer that has the ability to switch light when electric voltage is applied. When the polymer is applied to optical chips, the chips can support transmission speeds up to 100 gigabits per second in the lab, company officials said.
Lumera`s initial goal is to create a commercial product that can efficiently handle 40 gigabits. That`s faster than the speeds produced by the current switching technology, which uses an "unstable compound" called lithium niobate, said Rutkowski.
In the race to make fiber-optic components that are faster, cheaper and consume less power, Lumera claims its polymer does all three.
"We have an enabling technology that provides substantial increases in performance, and substantial gains in cost reduction as well," said Rutkowski.
Herman Presby, a 20-year Bell Labs veteran who is now a researcher at Terabeam Corp. of Kirkland, said that scientists "have been dreaming of a material that performs as well as lithium niobate in its optical characteristics, but at much lower-voltage efficiencies.
"If Lumera can commercially achieve what it claims, it`s a significant improvement," he said.
Presby isn`t personally familiar with Lumera or its polymer, but he knows the industry. "Any company that (currently) makes use of lithium niobate is looking to improve their standing with new technology," he added. "If Lumera can prove what it promises, then a whole host of companies are going to be interested."
Apparently they were. Microvision executives were flooded with calls from Cisco and other major fiber-optic companies within hours of spinning off Lumera last fall, Rutkowski said.
That`s because telecom companies that are laying fiber networks are interested in reducing the number of fiber cable interconnections used in their networks as well as boosting network performance. Any material that consumes less power is also attractive, as this reduces the company`s need to cool its systems, which typically produce a lot of heat.
In addition to Cisco, investors in the funding round include The Barksdale Group, Acorn Ventures, the Washington Research Foundation, and various individual investors. Cisco executives declined to comment on the deal, as it is the company`s policy not to talk about its minority investments.
The investment gives Lumera an $86 million valuation, one that generated a flood of phone calls from investment bankers within 24 hours of the Cisco announcement, said Rutkowski. "This is quite a coup, especially in this environment," he said, adding that Lumera will most likely seek its second outside round later this year.
Lumera was spun off late last year, with seed money of about $3.5 million from Microvision. Originally, Microvision held a 76 percent stake, with the remaining ownership granted in stock to the University of Washington and some of the original founders of the material. The publicly traded company now holds a 58 percent stake.
A large part of the $24 million will be spent to ramp up its management team and bring its polymer into the early stages of commercial production. The company aims to have prototype polymers to customers this year, and to start shipping custom components for customers to test by the end of the year. "We are currently targeting volume commercial production during 2002 with delivery of prototype devices to customers during the second half of this year," said Rutkowski.
Executives plan to build a fabrication facility that can handle up to 10,000 units a month. Making a mix of products that cost from $4,000 to $5,000 a piece, Lumera would generate about $5 million in sales a month if the fabrication plant was running 10 percent capacity. "So we`re looking at several hundred million dollars in revenue potential pretty quickly, with strong demand," Rutkowski said.
That would be a new experience for Microvision, which last year posted sales of a $8.1 million and a loss of $26.6 million. Rutkowski expects Microvision`s sales to increase 50 percent this year.
Lumera is scouting sites nearby in Bothell for a fabrication facility that would employ some 150 to 200 people a shift.
Reach M. Sharon Baker at 206-447-8505 ext. 107 or sbaker@bizjournals.com.
Und die Technologie kommt definitiv zum Einsatz...
Stryker Leibinger Purchases Microvision`s Nomad(TM) Display For Medical Applications
BOTHELL, Wash., Mar 28, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced that as a result of successful laboratory tests,
Stryker Leibinger (a division of Stryker Corporation (NYSE: SYK)) will purchase
10 Microvision`s Nomad wearable display systems for integration in a medical
workstation.
The specific application for the Nomad system in the Stryker Navigation System
will remain confidential until product launch this fall; however, both companies
believe the application will assist in reducing surgical time and improving
patient outcomes.
Stryker Leibinger has been evaluating Microvision Nomad prototypes for a range
of potential medical applications since early 1999 as an unannounced medical
partner. The success of these evaluations has resulted in an initial commitment
to 10 systems intended for clinical evaluations.
Jerry Culp, technical director, advanced technology development at Stryker
Leibinger said, "We are pleased with the evaluations of the Nomad beta displays.
We anticipated that the capabilities of the Nomad display would provide a
dramatically enhanced alternative visualization tool in the surgical suite. The
result is that surgeons will be able to access data overlaid on their direct
line of sight. This augmented reality has the potential to be extremely valuable
for the surgeon and provides a unique performance feature that other display
technologies have been unable to deliver.
"Our initial commitment to purchase Microvision`s Nomad display is a strong
endorsement for the potential that we see with this valuable visualization
tool."
Rick Rutkowski, Microvision president and CEO said, "Stryker is a world leader
in the development, manufacture and marketing of highly innovative medical
products and instruments. It has a superior reputation in the medical community
for delivering outstanding solutions that meet the needs of their customers, and
improve the standard of patient care. As we move toward commercial launch of
Nomad this year, this purchase commitment from our medical partner is a
significant statement about Nomad`s superior performance and a strong indication
of future market development. We will continue to align ourselves with companies
like Stryker who are proven leaders in their target markets. We value their
commitment and trust, and look forward to a long and profitable relationship
together."
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
NOTE: Nomad and retinal scanning display are trademarks of Microvision, Inc.
Stryker Leibinger Purchases Microvision`s Nomad(TM) Display For Medical Applications
BOTHELL, Wash., Mar 28, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced that as a result of successful laboratory tests,
Stryker Leibinger (a division of Stryker Corporation (NYSE: SYK)) will purchase
10 Microvision`s Nomad wearable display systems for integration in a medical
workstation.
The specific application for the Nomad system in the Stryker Navigation System
will remain confidential until product launch this fall; however, both companies
believe the application will assist in reducing surgical time and improving
patient outcomes.
Stryker Leibinger has been evaluating Microvision Nomad prototypes for a range
of potential medical applications since early 1999 as an unannounced medical
partner. The success of these evaluations has resulted in an initial commitment
to 10 systems intended for clinical evaluations.
Jerry Culp, technical director, advanced technology development at Stryker
Leibinger said, "We are pleased with the evaluations of the Nomad beta displays.
We anticipated that the capabilities of the Nomad display would provide a
dramatically enhanced alternative visualization tool in the surgical suite. The
result is that surgeons will be able to access data overlaid on their direct
line of sight. This augmented reality has the potential to be extremely valuable
for the surgeon and provides a unique performance feature that other display
technologies have been unable to deliver.
"Our initial commitment to purchase Microvision`s Nomad display is a strong
endorsement for the potential that we see with this valuable visualization
tool."
Rick Rutkowski, Microvision president and CEO said, "Stryker is a world leader
in the development, manufacture and marketing of highly innovative medical
products and instruments. It has a superior reputation in the medical community
for delivering outstanding solutions that meet the needs of their customers, and
improve the standard of patient care. As we move toward commercial launch of
Nomad this year, this purchase commitment from our medical partner is a
significant statement about Nomad`s superior performance and a strong indication
of future market development. We will continue to align ourselves with companies
like Stryker who are proven leaders in their target markets. We value their
commitment and trust, and look forward to a long and profitable relationship
together."
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
NOTE: Nomad and retinal scanning display are trademarks of Microvision, Inc.
Und es geht weiter
--------------------------------------------------------------------------------
Microvision Signs Clinical PartnerMedical Center Will Test Retinal Scanning Display Technology as Advanced Visualization Tool in Cardiology, Cancer Treatment and Anesthesiology
BOTHELL, Wash., Apr 2, 2001 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), today announced it has entered into a research agreement with
the Mayo Clinic Rochester to evaluate Nomad(TM), Microvision`s retinal scanning
display (RSD) system, for medical applications in cardiology, cancer treatment
and anesthesiology. Financial details were not released.
Nomad`s capability for viewing images overlaid onto the patient will be tested
to determine if augmented vision capability would aid the surgeon and attendants
who require an enhanced "inside the body" view during such procedures as
catheter stent placement, radiation treatment of prostate tumors, brain surgery
and anesthesiology monitoring.
The agreement with the Minnesota-based clinic is the latest agreement
Microvision has forged with leading North American medical research and surgical
centers. Microvision`s revolutionary display technology "paints" rows of pixels
directly onto the user`s retina, giving physicians access to important data
without having to remove their eyes from the patient. The Nomad `see-through`
capability has also been tested and demonstrated for medical applications at The
Wallace-Kettering Neuroscience Institute (Dayton, OH) and the Baylor College of
Medicine (Waco, TX) and is currently being tested at the Cleveland Clinic
Foundation`s Minimally Invasive Surgery Center.
"The wonderful promise of successfully integrating Nomad into operating rooms is
that it could enable physicians to keep their eyes on their patient during the
entire procedure," stated Rick Rutkowski, president and CEO. "It could have a
revolutionary effect on many procedures, including more successful outcomes,
less risk to the patient and a possible reduction in health care costs. The
unmatched resolution and clarity of the display, along with the capability to
see overlaid images while keeping eyes on the procedure, makes Nomad adaptable
to the needs of physicians during demanding medical procedures."
About Nomad:
A unique and innovative way to display images and information, Microvision`s RSD
technology uses an extremely safe low-power beam of light to "paint" rows of
pixels directly onto the eye, creating a high-resolution, full-motion image
without the use of electronic screens of any kind. To the viewer, the image
appears to be floating directly in front of them at about an arm`s length away,
as if on a large transparent computer screen or television. Nomad is
Microvision`s first commercial product, scheduled for release in September 2001.
The product name, which emphasizes portability and mobility, will brand
Microvision`s first offering in successive generations of wearable display
products. Microvision has initiated pre-selling Nomad to organizations within
medical, aviation maintenance and industrial fields that require a portable and
bright "see-through" display. Nomad delivers an image at least 10 times brighter
than competing head-worn display technologies.
--------------------------------------------------------------------------------
Microvision Signs Clinical PartnerMedical Center Will Test Retinal Scanning Display Technology as Advanced Visualization Tool in Cardiology, Cancer Treatment and Anesthesiology
BOTHELL, Wash., Apr 2, 2001 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), today announced it has entered into a research agreement with
the Mayo Clinic Rochester to evaluate Nomad(TM), Microvision`s retinal scanning
display (RSD) system, for medical applications in cardiology, cancer treatment
and anesthesiology. Financial details were not released.
Nomad`s capability for viewing images overlaid onto the patient will be tested
to determine if augmented vision capability would aid the surgeon and attendants
who require an enhanced "inside the body" view during such procedures as
catheter stent placement, radiation treatment of prostate tumors, brain surgery
and anesthesiology monitoring.
The agreement with the Minnesota-based clinic is the latest agreement
Microvision has forged with leading North American medical research and surgical
centers. Microvision`s revolutionary display technology "paints" rows of pixels
directly onto the user`s retina, giving physicians access to important data
without having to remove their eyes from the patient. The Nomad `see-through`
capability has also been tested and demonstrated for medical applications at The
Wallace-Kettering Neuroscience Institute (Dayton, OH) and the Baylor College of
Medicine (Waco, TX) and is currently being tested at the Cleveland Clinic
Foundation`s Minimally Invasive Surgery Center.
"The wonderful promise of successfully integrating Nomad into operating rooms is
that it could enable physicians to keep their eyes on their patient during the
entire procedure," stated Rick Rutkowski, president and CEO. "It could have a
revolutionary effect on many procedures, including more successful outcomes,
less risk to the patient and a possible reduction in health care costs. The
unmatched resolution and clarity of the display, along with the capability to
see overlaid images while keeping eyes on the procedure, makes Nomad adaptable
to the needs of physicians during demanding medical procedures."
About Nomad:
A unique and innovative way to display images and information, Microvision`s RSD
technology uses an extremely safe low-power beam of light to "paint" rows of
pixels directly onto the eye, creating a high-resolution, full-motion image
without the use of electronic screens of any kind. To the viewer, the image
appears to be floating directly in front of them at about an arm`s length away,
as if on a large transparent computer screen or television. Nomad is
Microvision`s first commercial product, scheduled for release in September 2001.
The product name, which emphasizes portability and mobility, will brand
Microvision`s first offering in successive generations of wearable display
products. Microvision has initiated pre-selling Nomad to organizations within
medical, aviation maintenance and industrial fields that require a portable and
bright "see-through" display. Nomad delivers an image at least 10 times brighter
than competing head-worn display technologies.
Und der nächste hammer!
Microvision Awarded Additional $7.5 Million From U.S. ArmyCompany Will Modify High-Performance Helicopter Display and Virtual Cockpit Program
BOTHELL, Wash., Apr 4, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced that it will receive a contract modification for
an additional $7.5 million from the U.S. Army Aircrew Integrated Systems Product
Office awarded through the Aviation Applied Technology Directorate (AATD).
Microvision will modify the Virtual Cockpit Optimization Program (VCOP) and the
Aircrew Integrated Helmet System (AIHS) for use in attack and utility
helicopters.
The contract addition allows Microvision to continue its modifications of the
AIHS and VCOP helmet. Microvision will improve the helmet`s electronics, optics
and scanning features to increase overall system efficiency and performance.
Microvision also will begin efforts to flight demonstrate the VCOP system.
The contract indicates that the potential requirement for the VCOP system is an
estimated average yearly procurement quantity of 500 systems per year and an
estimated total quantity of 3,000, with an average selling price objective not
to exceed $750,000.
Microvision Awarded Additional $7.5 Million From U.S. ArmyCompany Will Modify High-Performance Helicopter Display and Virtual Cockpit Program
BOTHELL, Wash., Apr 4, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today announced that it will receive a contract modification for
an additional $7.5 million from the U.S. Army Aircrew Integrated Systems Product
Office awarded through the Aviation Applied Technology Directorate (AATD).
Microvision will modify the Virtual Cockpit Optimization Program (VCOP) and the
Aircrew Integrated Helmet System (AIHS) for use in attack and utility
helicopters.
The contract addition allows Microvision to continue its modifications of the
AIHS and VCOP helmet. Microvision will improve the helmet`s electronics, optics
and scanning features to increase overall system efficiency and performance.
Microvision also will begin efforts to flight demonstrate the VCOP system.
The contract indicates that the potential requirement for the VCOP system is an
estimated average yearly procurement quantity of 500 systems per year and an
estimated total quantity of 3,000, with an average selling price objective not
to exceed $750,000.
Und gleich noch ein Artikel...
Latest News
--------------------------------------------------------------------------------
Traders Got Their Bounce
New York, Apr 04, 2001 (123Jump via COMTEX) -- The Dow Jones Industrial Average
rebounded from a 100-point deficit to trade up 11 at 9497 in the first 90
minutes on continued strength in International Business Machines (IBM).
The Standard & Poor`s 500 Index also managed to work itself higher from an
11-point decline in the first hour of regular trading.
Meanwhile, the Nasdaq Composite Index continued to struggle, down 6 at 1666 at
11:00 a.m. EST. Bellwether Cisco Systems (CSCO) clung to a gain of 38 cents to
reach 14.13.
Debt-strapped telecom equipment maker Lucent Technologies (LU) fell to yet
another 52-week low on extremely heavy volume on a rumor the company was
considering a Chapter 11 bankruptcy filing to protect itself against creditors.
This morning`s rebound was attributed to remarks made by Alan Greenspan before
the Senate Finance Committee. The Federal Reserve chairman maintained that free
trade benefited both wealthy and developing nations.
Declaring that "trade is not a zero sum game," the Fed chief said in his
prepared remarks, "The best single action that industrial countries could
actually take to alleviate the terrible problem of poverty in many developing
countries would be to open, unilaterally, markets to imports from these
countries."
Meanwhile, oil and natural gas issues clicked up due to higher crude prices on
above-average volume. Among the most actively traded issues this morning were
Cooper Cameron (CAM), Noble Affiliates (NBL) and BJ Services (BJS).
Shares of Tenet Healthcare (THC) saw heavy trade this morning after the hospital
operator reported earnings for its latest quarter that beat Street estimates by
2 cents a share.
A big loser on the Nasdaq this morning was Nvidia (NVDA), which has been
actively traded for the past month on speculation that its graphics software
chip to be installed in the Xbox video game developed by Microsoft Corp. (MSFT)
would reach the retail shelves this fall.
In other semiconductor news, high-performance memory chipmaker Micron Technology
(MU) moved higher on news this morning that it would boost production of its
high-speed memory chips for high-performance personal computers and
communications devices.
Due to growing demand, Micron said it raised its output of an integrated circuit
called double-date-rate synchronus dynamic random access memory (DDR SDRAM).
In other high-tech developments, Microvision (MVIS) said today that it received
an additional $7.5 million from the U.S. Army Aircrew Integrated Systems Product
Office for the modification of a flight helmet.
The helmet, which uses electronics and optical scanning features that allow
images to be projected to a viewer`s eye, won`t come cheap.
In a statement issued via PRNewswire, Microvision said it estimated that the
average selling price objective for a single helmet wouldn`t exceed $750,000.
In a move to expand its security systems expertise, electronic security firm
Sensormatic (SRM) said Wednesday that it acquired the assets of BEC
Technologies, a private firm that makes hardware and software for fiber-optic
networks.
The company said the acquired firm`s technology would allow it to construct
large-scale optical networks found in airports, distribution centers, government
offices, casinos and shopping malls. The installations entail long networks of
fiber-optic cables that connect cameras and sensors.
---------------
no comment...
Latest News
--------------------------------------------------------------------------------
Traders Got Their Bounce
New York, Apr 04, 2001 (123Jump via COMTEX) -- The Dow Jones Industrial Average
rebounded from a 100-point deficit to trade up 11 at 9497 in the first 90
minutes on continued strength in International Business Machines (IBM).
The Standard & Poor`s 500 Index also managed to work itself higher from an
11-point decline in the first hour of regular trading.
Meanwhile, the Nasdaq Composite Index continued to struggle, down 6 at 1666 at
11:00 a.m. EST. Bellwether Cisco Systems (CSCO) clung to a gain of 38 cents to
reach 14.13.
Debt-strapped telecom equipment maker Lucent Technologies (LU) fell to yet
another 52-week low on extremely heavy volume on a rumor the company was
considering a Chapter 11 bankruptcy filing to protect itself against creditors.
This morning`s rebound was attributed to remarks made by Alan Greenspan before
the Senate Finance Committee. The Federal Reserve chairman maintained that free
trade benefited both wealthy and developing nations.
Declaring that "trade is not a zero sum game," the Fed chief said in his
prepared remarks, "The best single action that industrial countries could
actually take to alleviate the terrible problem of poverty in many developing
countries would be to open, unilaterally, markets to imports from these
countries."
Meanwhile, oil and natural gas issues clicked up due to higher crude prices on
above-average volume. Among the most actively traded issues this morning were
Cooper Cameron (CAM), Noble Affiliates (NBL) and BJ Services (BJS).
Shares of Tenet Healthcare (THC) saw heavy trade this morning after the hospital
operator reported earnings for its latest quarter that beat Street estimates by
2 cents a share.
A big loser on the Nasdaq this morning was Nvidia (NVDA), which has been
actively traded for the past month on speculation that its graphics software
chip to be installed in the Xbox video game developed by Microsoft Corp. (MSFT)
would reach the retail shelves this fall.
In other semiconductor news, high-performance memory chipmaker Micron Technology
(MU) moved higher on news this morning that it would boost production of its
high-speed memory chips for high-performance personal computers and
communications devices.
Due to growing demand, Micron said it raised its output of an integrated circuit
called double-date-rate synchronus dynamic random access memory (DDR SDRAM).
In other high-tech developments, Microvision (MVIS) said today that it received
an additional $7.5 million from the U.S. Army Aircrew Integrated Systems Product
Office for the modification of a flight helmet.
The helmet, which uses electronics and optical scanning features that allow
images to be projected to a viewer`s eye, won`t come cheap.
In a statement issued via PRNewswire, Microvision said it estimated that the
average selling price objective for a single helmet wouldn`t exceed $750,000.
In a move to expand its security systems expertise, electronic security firm
Sensormatic (SRM) said Wednesday that it acquired the assets of BEC
Technologies, a private firm that makes hardware and software for fiber-optic
networks.
The company said the acquired firm`s technology would allow it to construct
large-scale optical networks found in airports, distribution centers, government
offices, casinos and shopping malls. The installations entail long networks of
fiber-optic cables that connect cameras and sensors.
---------------
no comment...
Tuesday April 10, 9:30 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Delivers World`s First Full Color, Daylight Readable, See-Through Display
Spectrum(TM) Prototype Delivered to the Cleveland Clinic Foundation for Evaluation in Surgical Applications
BOTHELL, Wash., April 10 /PRNewswire/ -- Underscoring its market strategy as the world`s most advanced visualization company, Microvision Inc. (Nasdaq: MVIS - news) today announced that it has delivered Spectrum -- its prototype full-color display system -- to the Cleveland Clinic Foundation. The delivery represents the first in a series of full-color, high-resolution, daylight-readable, see-through display prototypes that Microvision will strategically place with select customers this year.
As Microvision`s first development partner for Spectrum, the Cleveland Clinic will focus on developing and evaluating clinical applications in the operating room -- a perfect trial to test Spectrum`s capabilities, said Tom Sanko, Microvision vice president of marketing. Experiencing what Microvision calls `augmented vision` -- electronic images that are superimposed over the real world -- surgeons will view full-color images as well as patient data and vital signs via Spectrum`s head-mounted display. Spectrum incorporates Microvision`s retinal scanning display (RSD) technology -- which `paints` rows of pixels on the user`s eye -- delivering image quality far beyond any comparable display technology.
``The Spectrum color display rivals the quality of high definition television; it is absolutely riveting,`` noted Sanko. ``It demonstrates our ability to deliver full-color, high-resolution solutions using RSD technology. While our monochrome Nomad display will be the cost-effective display solution that meets the needs of the vast majority of our users, Spectrum will fill the demand for specific full-color applications such as rendering medical images in surgical applications.``
Other mission-critical applications that demand a high-end color display may include advanced forms of augmented reality such as image-guided surgery or flight simulation.
While Microvision previously produced and delivered a color see-through prototype system to Wallace-Kettering Neuroscience Institute in 1999, the Spectrum display reflects the innovative advances that Microvision has made in full-color RSD technology, said Sanko. The Spectrum display system consists of a full-color, high-resolution (SVGA), monocular head-mounted display that is tethered to a stationary light source. Spectrum can be configured as a biocular (two eyes) or binocular (stereoscopic) display as well. Spectrum also features a smaller footprint -- the light sources and electronic components comprise a single box one-third the size of its predecessor.
The Spectrum system prototype availability complements the anticipated release of the Nomad(TM) display system, which will be Microvision`s first commercial product when it is launched this fall. Microvision plans to place several additional Spectrum prototypes this year and the company is actively seeking potential partners to help develop Spectrum applications.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro-miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at http://www.mvis.com
Press Release
SOURCE: Microvision, Inc.
Microvision Delivers World`s First Full Color, Daylight Readable, See-Through Display
Spectrum(TM) Prototype Delivered to the Cleveland Clinic Foundation for Evaluation in Surgical Applications
BOTHELL, Wash., April 10 /PRNewswire/ -- Underscoring its market strategy as the world`s most advanced visualization company, Microvision Inc. (Nasdaq: MVIS - news) today announced that it has delivered Spectrum -- its prototype full-color display system -- to the Cleveland Clinic Foundation. The delivery represents the first in a series of full-color, high-resolution, daylight-readable, see-through display prototypes that Microvision will strategically place with select customers this year.
As Microvision`s first development partner for Spectrum, the Cleveland Clinic will focus on developing and evaluating clinical applications in the operating room -- a perfect trial to test Spectrum`s capabilities, said Tom Sanko, Microvision vice president of marketing. Experiencing what Microvision calls `augmented vision` -- electronic images that are superimposed over the real world -- surgeons will view full-color images as well as patient data and vital signs via Spectrum`s head-mounted display. Spectrum incorporates Microvision`s retinal scanning display (RSD) technology -- which `paints` rows of pixels on the user`s eye -- delivering image quality far beyond any comparable display technology.
``The Spectrum color display rivals the quality of high definition television; it is absolutely riveting,`` noted Sanko. ``It demonstrates our ability to deliver full-color, high-resolution solutions using RSD technology. While our monochrome Nomad display will be the cost-effective display solution that meets the needs of the vast majority of our users, Spectrum will fill the demand for specific full-color applications such as rendering medical images in surgical applications.``
Other mission-critical applications that demand a high-end color display may include advanced forms of augmented reality such as image-guided surgery or flight simulation.
While Microvision previously produced and delivered a color see-through prototype system to Wallace-Kettering Neuroscience Institute in 1999, the Spectrum display reflects the innovative advances that Microvision has made in full-color RSD technology, said Sanko. The Spectrum display system consists of a full-color, high-resolution (SVGA), monocular head-mounted display that is tethered to a stationary light source. Spectrum can be configured as a biocular (two eyes) or binocular (stereoscopic) display as well. Spectrum also features a smaller footprint -- the light sources and electronic components comprise a single box one-third the size of its predecessor.
The Spectrum system prototype availability complements the anticipated release of the Nomad(TM) display system, which will be Microvision`s first commercial product when it is launched this fall. Microvision plans to place several additional Spectrum prototypes this year and the company is actively seeking potential partners to help develop Spectrum applications.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro-miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s web site at http://www.mvis.com
Tuesday, April 24, 2001
Grand Hyatt Hotel
New York, NY
Agenda
7:30 AM
Registration – Continental Breakfast
8:00 - 8:15 AM
Welcome and Opening Comments
U.S. Display Consortium/Needham & Company, Inc.
8:15 - 8:50 AM
Displaying the Future: Which Technologies?
Tom Branton, Vice President Innovation
Tom W. Branton is currently the VP of Innovation for Philips Components and is responsible for the Components Display Portfolio.
Philips Components
9:00 - 12:00 PM
Company Presentations
12:00 - 1:15 PM
12:30 -1:15 PM
Lunch
The Analysts` Outlook:
Ross Young, President
Display Search
Chuck McLaughlin
McLaughlin Consulting Group
David E. Mentley, Senior VP
Stanford Resources, Inc.
1:30 - 5:00 PM Company Presentations
5:00 - 6:30 PM
Reception
Presentation Schedule
Public Companies Private Companies
9:00 AM Sage Inc. FAS Technologies
9:30
InFocus Systems InViso, Inc.
10:00
Three-Five Systems Inc. Display Research Laboratories, Inc.
10:30
Universal Display Corp. Alien Technology Corp.
11:00
Photon Dynamics, Inc. Sarnoff Corporation
11:30
Microvision, Inc. Gyricon Media, Inc.
1:30 PM
iFire Technology Inc. Rolltronics Corp.
2:00
eMagin Corp. Candescent Technologies
2:30
Applied Films Corp. SARIF Inc.
3:00
Planar Systems, Inc. Colorado Microdisplays, Inc.
3:30
PixTech, Inc. Hana Microdisplay Technologies
4:00
Silicon Image, Inc. Fresnel Optics Inc.
4:30
Luxell Technologies, Inc. OPSYS Limited
5:00 OPTIVA, Inc. SCRAM Technologies, Inc.
5:00 -6:30 Mezzanine Reception Hosted by C.E. Unterberg, Towbin
Attendees will receive a finalized Agenda by e-mail or fax.
BACKGROUND
The Display Industry Investors Conference sponsored by USDC and Needham & Co., returns to the Grand Hyatt Hotel in New York City on Tuesday, April 24, 2001.
The FPD Industry is worldwide and is an important part of the electronic communications industry infrastructure. It includes display companies and their equipment, materials and component suppliers. North America-based firms are very competitive in high-growth markets for displays, applications, distribution, software and components for computing, communications, transportation, medical imaging, industrial systems, and business information markets. Additionally, many start-up firms have a rich portfolio of intellectual property and patents for new display technology and products.
Now in its sixth year, the conference has increased in the number of presenting companies and, most importantly, in the number of investors attending. The 2001 conference will provide attendees with direct access to the senior management of 28 companies who are leading the display industry in the development of innovative display products and infrastructure. All companies are poised to share in the current $25B worldwide display market, forecast to grow in excess of $60B by mid-decade.
SPONSORS
About U.S. Display Consortium: The USDC is an industry led, public/private partnership providing a common platform for flat panel display manufacturers and developers, FPD users, and the supplier base. Headquartered in San Jose, Calif., the consortium`s mission is to develop the U.S. infrastructure required to support a world-class, US based manufacturing capability for high-definition displays. For more information about the U.S. Display Consortium, please visit their website at www.usdc.org.
About Needham & Company, Inc.: Founded in 1985 to serve emerging growth companies and their institutional investors, Needham & Company is a full-service investment bank that is national in scope offering corporate finance, investment analysis, trading and sales services. Through Needham Emerging Growth Partners, L.P., and Needham Capital Partners L.P., the company provides select clients with investment management services. The Needham Growth Fund, a registered, no-load, open-end mutual fund, provides investment opportunities for the general public. For more information about Needham and their services, visit their website www.needhamco.com.
Grand Hyatt Hotel
New York, NY
Agenda
7:30 AM
Registration – Continental Breakfast
8:00 - 8:15 AM
Welcome and Opening Comments
U.S. Display Consortium/Needham & Company, Inc.
8:15 - 8:50 AM
Displaying the Future: Which Technologies?
Tom Branton, Vice President Innovation
Tom W. Branton is currently the VP of Innovation for Philips Components and is responsible for the Components Display Portfolio.
Philips Components
9:00 - 12:00 PM
Company Presentations
12:00 - 1:15 PM
12:30 -1:15 PM
Lunch
The Analysts` Outlook:
Ross Young, President
Display Search
Chuck McLaughlin
McLaughlin Consulting Group
David E. Mentley, Senior VP
Stanford Resources, Inc.
1:30 - 5:00 PM Company Presentations
5:00 - 6:30 PM
Reception
Presentation Schedule
Public Companies Private Companies
9:00 AM Sage Inc. FAS Technologies
9:30
InFocus Systems InViso, Inc.
10:00
Three-Five Systems Inc. Display Research Laboratories, Inc.
10:30
Universal Display Corp. Alien Technology Corp.
11:00
Photon Dynamics, Inc. Sarnoff Corporation
11:30
Microvision, Inc. Gyricon Media, Inc.
1:30 PM
iFire Technology Inc. Rolltronics Corp.
2:00
eMagin Corp. Candescent Technologies
2:30
Applied Films Corp. SARIF Inc.
3:00
Planar Systems, Inc. Colorado Microdisplays, Inc.
3:30
PixTech, Inc. Hana Microdisplay Technologies
4:00
Silicon Image, Inc. Fresnel Optics Inc.
4:30
Luxell Technologies, Inc. OPSYS Limited
5:00 OPTIVA, Inc. SCRAM Technologies, Inc.
5:00 -6:30 Mezzanine Reception Hosted by C.E. Unterberg, Towbin
Attendees will receive a finalized Agenda by e-mail or fax.
BACKGROUND
The Display Industry Investors Conference sponsored by USDC and Needham & Co., returns to the Grand Hyatt Hotel in New York City on Tuesday, April 24, 2001.
The FPD Industry is worldwide and is an important part of the electronic communications industry infrastructure. It includes display companies and their equipment, materials and component suppliers. North America-based firms are very competitive in high-growth markets for displays, applications, distribution, software and components for computing, communications, transportation, medical imaging, industrial systems, and business information markets. Additionally, many start-up firms have a rich portfolio of intellectual property and patents for new display technology and products.
Now in its sixth year, the conference has increased in the number of presenting companies and, most importantly, in the number of investors attending. The 2001 conference will provide attendees with direct access to the senior management of 28 companies who are leading the display industry in the development of innovative display products and infrastructure. All companies are poised to share in the current $25B worldwide display market, forecast to grow in excess of $60B by mid-decade.
SPONSORS
About U.S. Display Consortium: The USDC is an industry led, public/private partnership providing a common platform for flat panel display manufacturers and developers, FPD users, and the supplier base. Headquartered in San Jose, Calif., the consortium`s mission is to develop the U.S. infrastructure required to support a world-class, US based manufacturing capability for high-definition displays. For more information about the U.S. Display Consortium, please visit their website at www.usdc.org.
About Needham & Company, Inc.: Founded in 1985 to serve emerging growth companies and their institutional investors, Needham & Company is a full-service investment bank that is national in scope offering corporate finance, investment analysis, trading and sales services. Through Needham Emerging Growth Partners, L.P., and Needham Capital Partners L.P., the company provides select clients with investment management services. The Needham Growth Fund, a registered, no-load, open-end mutual fund, provides investment opportunities for the general public. For more information about Needham and their services, visit their website www.needhamco.com.
Prominent Display Technology Expert to Lead Microvision Technical Advisory Board
Panel of Distinguished Scientists Will Consult on Technology Development,
Manufacturing and Applications
BOTHELL, Wash., April 23 /PRNewswire Interactive News Release/ -- Microvision
Inc. (Nasdaq: MVIS) today announced the formation of an advisory board of
display technology experts that will be chaired by Dr. Aris Silzars, one of the
world`s leading authorities on display technology.
"Microvision`s unique beam scanning technology can be applied in many display
and image capture applications across a range of markets from defense through
consumer," said Silzars. "This technology offers great potential for
improvements in cost of manufacturing, testing and packaging. The full day-light
readable high-resolution capabilities of the display technology are unique and
can achieve high performance standards. Microvision`s transition from a
technology developer to a commercial manufacturer fits exactly with the
interests and expertise that I`ve developed over the last 20 years in the
display business."
Silzars has been awarded eight U.S. patents and has published dozens of papers
in major technical journals, and is currently president of the Society for
Information Display. In 1994 he joined the David Sarnoff Research Center in
Princeton, N.J. as director of the Display Research Laboratory. He is the author
of the monthly column "A View from the Hilltop" for Information Display
magazine, which comments on various aspects of the display industry, and he
lectures frequently on the evolution of display technologies and the importance
of manufacturing and marketing in bringing new display technologies to market.
"Dr. Silzars had dedicated his career to developing and bringing new display
technologies to market," said Rick Rutkowski, Microvision president and CEO.
"We`re delighted that he has agreed to apply his vast experience in helping
shape and guide development of Microvision`s technology and our company`s many
paths to market."
The advisory group will consult with Microvision on future developments and
applications of its innovative retinal scanning display technology (RSD),
meeting several times a year with Microvision`s senior management and
engineering teams. Microvision plans to enlist some of the industry`s brightest
minds to help Microvision make the transition from technology developer to
manufacturer of commercial display and imaging products.
Panel of Distinguished Scientists Will Consult on Technology Development,
Manufacturing and Applications
BOTHELL, Wash., April 23 /PRNewswire Interactive News Release/ -- Microvision
Inc. (Nasdaq: MVIS) today announced the formation of an advisory board of
display technology experts that will be chaired by Dr. Aris Silzars, one of the
world`s leading authorities on display technology.
"Microvision`s unique beam scanning technology can be applied in many display
and image capture applications across a range of markets from defense through
consumer," said Silzars. "This technology offers great potential for
improvements in cost of manufacturing, testing and packaging. The full day-light
readable high-resolution capabilities of the display technology are unique and
can achieve high performance standards. Microvision`s transition from a
technology developer to a commercial manufacturer fits exactly with the
interests and expertise that I`ve developed over the last 20 years in the
display business."
Silzars has been awarded eight U.S. patents and has published dozens of papers
in major technical journals, and is currently president of the Society for
Information Display. In 1994 he joined the David Sarnoff Research Center in
Princeton, N.J. as director of the Display Research Laboratory. He is the author
of the monthly column "A View from the Hilltop" for Information Display
magazine, which comments on various aspects of the display industry, and he
lectures frequently on the evolution of display technologies and the importance
of manufacturing and marketing in bringing new display technologies to market.
"Dr. Silzars had dedicated his career to developing and bringing new display
technologies to market," said Rick Rutkowski, Microvision president and CEO.
"We`re delighted that he has agreed to apply his vast experience in helping
shape and guide development of Microvision`s technology and our company`s many
paths to market."
The advisory group will consult with Microvision on future developments and
applications of its innovative retinal scanning display technology (RSD),
meeting several times a year with Microvision`s senior management and
engineering teams. Microvision plans to enlist some of the industry`s brightest
minds to help Microvision make the transition from technology developer to
manufacturer of commercial display and imaging products.
Microvision Reports First Quarter ResultsCompany Expands Field Trials and Secures Product Sales of Nomad(TM) Display System, Wins Government Contract and Completes First Financing and Strategic Partnering for Lumera
BOTHELL, Wash., May 9, 2001 /PRNewswire via COMTEX/ -- Microvision(TM), Inc.
(Nasdaq: MVIS) today reported results for the first quarter of 2001.
Quarterly results
For the three months ended March 31, 2001, Microvision reported a consolidated
net loss of $10.2 million or $0.86 per share compared to a net loss of $5.1
million or $.48 per share for the same period in 2000. Consolidated results
include Microvision, Inc. and the company`s subsidiary, Lumera Corporation.
During the first quarter 2001, the loss attributable to Lumera was $2.3 million
or $0.19 per share. Results for the quarter also include a charge of $1.1
million or $0.09 per share, of which $1.0 million was non-cash, attributable to
payment to the University of Washington of a fully-paid license fee for the Halo
display technology. Consolidated revenues increased to $2.3 million from $2.1
million in the same period in 2000.
The company ended the quarter with $54.1 million in cash and investment
securities and a revenue backlog of $9.6 million.
The company indicated that there is a high probability that the release of its
Nomad display would be delayed by 10 to 12 weeks (into the fourth quarter) as a
result of a need to further optimize the scanner drive mechanism and control
software. However, the impact on total revenue and earnings may be mostly or
entirely offset by higher than expected sales of the Spectrum display unit and
an increase in contract revenue for the year.
The recently completed $24 million funding round by Lumera will result in an
allocation of Lumera`s operating losses to Microvision of approximately $0.45
per share for 2001 which is significantly lower than the $1.00 per share
previously estimated.
"We are pleased with our progress and results this quarter," noted Rick
Rutkowski, Microvision president and CEO. "We are meeting our operating and
financial goals and continuing to advance our marketing and sales efforts
towards product introductions. While the delay in Nomad`s release is
disappointing, we are still comfortable that 2001 revenues can be in the
neighborhood of 50 percent higher than last year. We intend to make good use of
the time by continuing to enlist new customers, and prospective application and
distribution partners for the Nomad system. We can control the timing of many of
the budgeted expenditures relating to the ramp toward Nomad release to minimize
any negative impact to net operating income.
"The Spectrum display is also being very well received. We are excited about the
market potential for our barcode scanner product, which continues to proceed on
schedule towards prototype demonstration this summer and product launch in early
2002. With respect to Lumera, we appear to be on track with our technical and
product plan at a reduced rate of investment, and our design fabrication
facility, which has recently come on line, may in fact support moderate levels
of production. These developments could allow us to get greater impact out of
our first round funding than we originally anticipated."
Quarterly highlights
Among the highlights of the first quarter, Stryker Leibinger (a division of
Stryker Corporation) ordered ten Nomad wearable display systems for integration
in a medical workstation. For competitive reasons, the specific application for
the Nomad system in the Stryker Navigation System will not be publicly disclosed
until product launch this fall; however, both companies believe the application
will assist in reducing surgical time and improving patient outcomes.
The company also entered into a research agreement with the Mayo Clinic
Rochester to evaluate the Nomad system for medical applications in cardiology,
cancer treatment and anesthesiology. Nomad`s capability for displaying images
overlaid onto the patient will be tested to determine if augmented vision
capability would aid the surgeon and attendants who require an enhanced `inside
the body` view during such procedures as catheter stent placement, radiation
treatment of prostate tumors, brain surgery and anesthesiology monitoring.
Lumera Corporation ( http://www.lumera.com ), Microvision`s optical network
components subsidiary, completed a $24 million round of financing led by Cisco
Systems, Inc. in March 2001. This round of financing marked the first investment
in Lumera by investors outside of Microvision, which has provided the financing
for the subsidiary since its inception. Lumera will use the proceeds to continue
its research and development activities in developing materials for a new
generation of unique active and passive components for optical networks that are
expected to deliver increased bandwidth at very competitive costs while
requiring less power than today`s devices. Lumera expects to begin
commercializing its technology as early as mid-2002.
Subsequent events
Following the end of the quarter, Microvision announced the award of an
additional $7.5 million contract extension from the U.S. Army to continue
development on the Virtual Cockpit Optimization Program (VCOP) and expand the
Aircrew Integrated Helmet System (AIHS) for use in attack and utility
helicopters.
Microvision also announced that it delivered Spectrum(TM) -- its prototype
full-color display system -- to the Cleveland Clinic Foundation. The delivery
represents the first of several full-color, high-resolution, daylight-readable,
see-through display prototypes that Microvision plans to place with strategic
customers this year. As Microvision`s first development partner for Spectrum,
the Cleveland Clinic will focus on developing and evaluating clinical
applications in the operating room.
Investors will have the opportunity to listen to Microvision`s conference call
regarding first quarter earnings at 8:00 a.m. PDT on May 9. Participants may
join the conference call by dialing 913-981-5522 ten minutes prior to the start
of the conference. The confirmation code is 635381. Additionally, the conference
will be broadcast over the Internet through The First News website, located at
http://www.thefirstnews.com . To participate via the Internet, go to the web
site at least fifteen minutes early to register, download, and install any
necessary audio software. For those who cannot listen to the live broadcast, a
replay will be available on The First News site shortly after the call.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
NOTE: Nomad and Microvision are trademarks of Microvision, Inc.
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the
development of electro-optic devices based on proprietary optical polymers. The
company plans to deliver superior and unique component solutions to optical
systems suppliers. Lumera plans to supply standard and custom components to
systems providers in multiple high-growth product categories. Additional
information can be found at Lumera`s Web site at http://www.lumera.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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
Microvision, Inc.
Consolidated Statement of Operations
(In thousands, except earnings per share data)
Three months ended March 31,
2001 2000
(unaudited)
Revenue $2,337 $2,110
Cost of revenue 1,562 1,468
Gross margin 775 642
Research and development expense 8,067 3,596
Marketing, general and administrative expense 3,701 2,340
Non-cash compensation expense 463 154
Total operating expenses 12,231 6,090
Loss from operations (11,456) (5,448)
Interest income 706 452
Interest expense (24) (77)
Loss before minority interests (10,774) (5,073)
Minority interests in loss of consolidated
subsidiary 554 --
Net loss $(10,220) $(5,073)
Net loss per share before non-cash
compensation expense $(0.82) $(0.47)
Non-cash compensation expense (0.04) (0.01)
Net loss per share - basic and diluted $(0.86) $(0.48)
Weighted-average shares
outstanding - basic and diluted 11,917 10,469
Microvision, Inc.
Consolidated Balance Sheet
(In thousands)
March 31, December 31,
2001 2000
(unaudited)
Assets
Current Assets
Cash and cash equivalents $22,290 $7,307
Investment securities, available-for-sale 31,784 33,410
Accounts receivable, net 1,181 1,033
Costs and estimated earnings in excess of
billings on uncompleted contracts 1,075 2,116
Current restricted investments -- 1,125
Other current assets 2,575 976
Total current assets 58,905 45,967
Long-term investment, at cost 624 624
Property and equipment, net 7,523 7,516
Restricted investments 903 951
Receivables from related parties 1,520 1,000
Other assets 2,099 114
Total assets $71,574 $56,172
Liabilities And Shareholders` Equity
Current Liabilities
Accounts payable $1,346 $1,974
Accrued liabilities 3,402 2,359
Allowance for estimated contract losses 250 295
Billings in excess of costs and estimated
earnings on uncompleted contracts 73 419
Current portion of capital lease obligations 289 317
Current portion of long-term debt 53 52
Total current liabilities 5,413 5,416
Capital lease obligations, net of current portion 118 182
Long-term debt, net of current portion 276 290
Deferred rent, net of current portion 246 242
Total liabilities 6,053 6,130
Commitments and contingencies -- --
Minority interest 20,765 --
Shareholders` Equity
Common stock 124,396 120,506
Deferred compensation (3,723) (4,378)
Subscriptions receivable from related parties (347) (403)
Accumulated other comprehensive income 787 454
Accumulated deficit (76,357) (66,137)
Total shareholders` equity 44,756 50,042
Total Liabilities, mandatorily redeemable
convertible preferred stock and
shareholders` equity $71,574 $56,172
MAKE YOUR OPINION COUNT - Click Here
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SOURCE Microvision, Inc.
BOTHELL, Wash., May 9, 2001 /PRNewswire via COMTEX/ -- Microvision(TM), Inc.
(Nasdaq: MVIS) today reported results for the first quarter of 2001.
Quarterly results
For the three months ended March 31, 2001, Microvision reported a consolidated
net loss of $10.2 million or $0.86 per share compared to a net loss of $5.1
million or $.48 per share for the same period in 2000. Consolidated results
include Microvision, Inc. and the company`s subsidiary, Lumera Corporation.
During the first quarter 2001, the loss attributable to Lumera was $2.3 million
or $0.19 per share. Results for the quarter also include a charge of $1.1
million or $0.09 per share, of which $1.0 million was non-cash, attributable to
payment to the University of Washington of a fully-paid license fee for the Halo
display technology. Consolidated revenues increased to $2.3 million from $2.1
million in the same period in 2000.
The company ended the quarter with $54.1 million in cash and investment
securities and a revenue backlog of $9.6 million.
The company indicated that there is a high probability that the release of its
Nomad display would be delayed by 10 to 12 weeks (into the fourth quarter) as a
result of a need to further optimize the scanner drive mechanism and control
software. However, the impact on total revenue and earnings may be mostly or
entirely offset by higher than expected sales of the Spectrum display unit and
an increase in contract revenue for the year.
The recently completed $24 million funding round by Lumera will result in an
allocation of Lumera`s operating losses to Microvision of approximately $0.45
per share for 2001 which is significantly lower than the $1.00 per share
previously estimated.
"We are pleased with our progress and results this quarter," noted Rick
Rutkowski, Microvision president and CEO. "We are meeting our operating and
financial goals and continuing to advance our marketing and sales efforts
towards product introductions. While the delay in Nomad`s release is
disappointing, we are still comfortable that 2001 revenues can be in the
neighborhood of 50 percent higher than last year. We intend to make good use of
the time by continuing to enlist new customers, and prospective application and
distribution partners for the Nomad system. We can control the timing of many of
the budgeted expenditures relating to the ramp toward Nomad release to minimize
any negative impact to net operating income.
"The Spectrum display is also being very well received. We are excited about the
market potential for our barcode scanner product, which continues to proceed on
schedule towards prototype demonstration this summer and product launch in early
2002. With respect to Lumera, we appear to be on track with our technical and
product plan at a reduced rate of investment, and our design fabrication
facility, which has recently come on line, may in fact support moderate levels
of production. These developments could allow us to get greater impact out of
our first round funding than we originally anticipated."
Quarterly highlights
Among the highlights of the first quarter, Stryker Leibinger (a division of
Stryker Corporation) ordered ten Nomad wearable display systems for integration
in a medical workstation. For competitive reasons, the specific application for
the Nomad system in the Stryker Navigation System will not be publicly disclosed
until product launch this fall; however, both companies believe the application
will assist in reducing surgical time and improving patient outcomes.
The company also entered into a research agreement with the Mayo Clinic
Rochester to evaluate the Nomad system for medical applications in cardiology,
cancer treatment and anesthesiology. Nomad`s capability for displaying images
overlaid onto the patient will be tested to determine if augmented vision
capability would aid the surgeon and attendants who require an enhanced `inside
the body` view during such procedures as catheter stent placement, radiation
treatment of prostate tumors, brain surgery and anesthesiology monitoring.
Lumera Corporation ( http://www.lumera.com ), Microvision`s optical network
components subsidiary, completed a $24 million round of financing led by Cisco
Systems, Inc. in March 2001. This round of financing marked the first investment
in Lumera by investors outside of Microvision, which has provided the financing
for the subsidiary since its inception. Lumera will use the proceeds to continue
its research and development activities in developing materials for a new
generation of unique active and passive components for optical networks that are
expected to deliver increased bandwidth at very competitive costs while
requiring less power than today`s devices. Lumera expects to begin
commercializing its technology as early as mid-2002.
Subsequent events
Following the end of the quarter, Microvision announced the award of an
additional $7.5 million contract extension from the U.S. Army to continue
development on the Virtual Cockpit Optimization Program (VCOP) and expand the
Aircrew Integrated Helmet System (AIHS) for use in attack and utility
helicopters.
Microvision also announced that it delivered Spectrum(TM) -- its prototype
full-color display system -- to the Cleveland Clinic Foundation. The delivery
represents the first of several full-color, high-resolution, daylight-readable,
see-through display prototypes that Microvision plans to place with strategic
customers this year. As Microvision`s first development partner for Spectrum,
the Cleveland Clinic will focus on developing and evaluating clinical
applications in the operating room.
Investors will have the opportunity to listen to Microvision`s conference call
regarding first quarter earnings at 8:00 a.m. PDT on May 9. Participants may
join the conference call by dialing 913-981-5522 ten minutes prior to the start
of the conference. The confirmation code is 635381. Additionally, the conference
will be broadcast over the Internet through The First News website, located at
http://www.thefirstnews.com . To participate via the Internet, go to the web
site at least fifteen minutes early to register, download, and install any
necessary audio software. For those who cannot listen to the live broadcast, a
replay will be available on The First News site shortly after the call.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
proprietary Retinal Scanning Display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
NOTE: Nomad and Microvision are trademarks of Microvision, Inc.
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the
development of electro-optic devices based on proprietary optical polymers. The
company plans to deliver superior and unique component solutions to optical
systems suppliers. Lumera plans to supply standard and custom components to
systems providers in multiple high-growth product categories. Additional
information can be found at Lumera`s Web site at http://www.lumera.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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
Microvision, Inc.
Consolidated Statement of Operations
(In thousands, except earnings per share data)
Three months ended March 31,
2001 2000
(unaudited)
Revenue $2,337 $2,110
Cost of revenue 1,562 1,468
Gross margin 775 642
Research and development expense 8,067 3,596
Marketing, general and administrative expense 3,701 2,340
Non-cash compensation expense 463 154
Total operating expenses 12,231 6,090
Loss from operations (11,456) (5,448)
Interest income 706 452
Interest expense (24) (77)
Loss before minority interests (10,774) (5,073)
Minority interests in loss of consolidated
subsidiary 554 --
Net loss $(10,220) $(5,073)
Net loss per share before non-cash
compensation expense $(0.82) $(0.47)
Non-cash compensation expense (0.04) (0.01)
Net loss per share - basic and diluted $(0.86) $(0.48)
Weighted-average shares
outstanding - basic and diluted 11,917 10,469
Microvision, Inc.
Consolidated Balance Sheet
(In thousands)
March 31, December 31,
2001 2000
(unaudited)
Assets
Current Assets
Cash and cash equivalents $22,290 $7,307
Investment securities, available-for-sale 31,784 33,410
Accounts receivable, net 1,181 1,033
Costs and estimated earnings in excess of
billings on uncompleted contracts 1,075 2,116
Current restricted investments -- 1,125
Other current assets 2,575 976
Total current assets 58,905 45,967
Long-term investment, at cost 624 624
Property and equipment, net 7,523 7,516
Restricted investments 903 951
Receivables from related parties 1,520 1,000
Other assets 2,099 114
Total assets $71,574 $56,172
Liabilities And Shareholders` Equity
Current Liabilities
Accounts payable $1,346 $1,974
Accrued liabilities 3,402 2,359
Allowance for estimated contract losses 250 295
Billings in excess of costs and estimated
earnings on uncompleted contracts 73 419
Current portion of capital lease obligations 289 317
Current portion of long-term debt 53 52
Total current liabilities 5,413 5,416
Capital lease obligations, net of current portion 118 182
Long-term debt, net of current portion 276 290
Deferred rent, net of current portion 246 242
Total liabilities 6,053 6,130
Commitments and contingencies -- --
Minority interest 20,765 --
Shareholders` Equity
Common stock 124,396 120,506
Deferred compensation (3,723) (4,378)
Subscriptions receivable from related parties (347) (403)
Accumulated other comprehensive income 787 454
Accumulated deficit (76,357) (66,137)
Total shareholders` equity 44,756 50,042
Total Liabilities, mandatorily redeemable
convertible preferred stock and
shareholders` equity $71,574 $56,172
MAKE YOUR OPINION COUNT - Click Here
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SOURCE Microvision, Inc.
International Ophthalmology Expert Joins Microvision Advisory Panel
BOTHELL, Wash., May 17, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported that Dr. John Marshall, Frost professor of
ophthalmology at St Thomas` Hospital in London, has joined Microvision`s
recently established Display Advisory Board.
A world leader in the study of laser use in ophthalmic diagnosis and surgery,
Marshall brings to the Microvision advisory board over 30 years of experience in
the study of the retina. In addition to serving as editor or co-editor of a
number of international journals, Marshall`s work has resulted in over 300
research papers, book chapters and books. His research was instrumental in the
development of the Excimer laser for the correction of refractive disorders and
the world`s first diode laser for treating eye problems of diabetes, glaucoma
and ageing.
Marshall sits on many UK based and international committees focused on safety
standards for lasers and other artificial light sources. He currently chairs the
Medical Advisory Board and is a Trustee of the British Retinitis Pigmentosa
Society and until 1995 was co-chairman of the Medical and Scientific Advisory
Board of the International Retinitis Pigmentosa Association. He is also a Fellow
of the Royal Society of Arts, and an Honorary Fellow of The College of
Optometrists. Among his many honors, Marshall has been awarded the Nettleship
Medal of the Ophthalmological Society of the United Kingdom, the Mackenzie
Medal, the Raynor Medal, the Ridley Medal and the Ashton Medal.
"I am delighted to join Microvision`s advisory board as the company has
developed a safe and exciting technology which has the clear potential to
revolutionize the way in which visual information is presented in work and
leisure environments," said Marshall.
"Dr. Marshall is one of the world`s most renowned experts in the study of laser
and light to the retina," noted Steve Willey, executive vice president of
Microvision. "The advisory boards` goal is to help Microvision deliver the best
products possible, and Dr. Marshall`s input will prove invaluable in ensuring
the quality of Microvision`s products."
The advisory group will consult with Microvision on future developments and
applications of its innovative retinal scanning display technology (RSD),
meeting several times a year with Microvision`s senior management and
engineering teams. Microvision plans to enlist some of the industry`s brightest
minds to help Microvision make the transition from technology developer to
manufacturer of commercial display and imaging products.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
NOTE: Nomad and retinal scanning display are trademarks of Microvision, Inc.
BOTHELL, Wash., May 17, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS) today reported that Dr. John Marshall, Frost professor of
ophthalmology at St Thomas` Hospital in London, has joined Microvision`s
recently established Display Advisory Board.
A world leader in the study of laser use in ophthalmic diagnosis and surgery,
Marshall brings to the Microvision advisory board over 30 years of experience in
the study of the retina. In addition to serving as editor or co-editor of a
number of international journals, Marshall`s work has resulted in over 300
research papers, book chapters and books. His research was instrumental in the
development of the Excimer laser for the correction of refractive disorders and
the world`s first diode laser for treating eye problems of diabetes, glaucoma
and ageing.
Marshall sits on many UK based and international committees focused on safety
standards for lasers and other artificial light sources. He currently chairs the
Medical Advisory Board and is a Trustee of the British Retinitis Pigmentosa
Society and until 1995 was co-chairman of the Medical and Scientific Advisory
Board of the International Retinitis Pigmentosa Association. He is also a Fellow
of the Royal Society of Arts, and an Honorary Fellow of The College of
Optometrists. Among his many honors, Marshall has been awarded the Nettleship
Medal of the Ophthalmological Society of the United Kingdom, the Mackenzie
Medal, the Raynor Medal, the Ridley Medal and the Ashton Medal.
"I am delighted to join Microvision`s advisory board as the company has
developed a safe and exciting technology which has the clear potential to
revolutionize the way in which visual information is presented in work and
leisure environments," said Marshall.
"Dr. Marshall is one of the world`s most renowned experts in the study of laser
and light to the retina," noted Steve Willey, executive vice president of
Microvision. "The advisory boards` goal is to help Microvision deliver the best
products possible, and Dr. Marshall`s input will prove invaluable in ensuring
the quality of Microvision`s products."
The advisory group will consult with Microvision on future developments and
applications of its innovative retinal scanning display technology (RSD),
meeting several times a year with Microvision`s senior management and
engineering teams. Microvision plans to enlist some of the industry`s brightest
minds to help Microvision make the transition from technology developer to
manufacturer of commercial display and imaging products.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
NOTE: Nomad and retinal scanning display are trademarks of Microvision, Inc.
Hi
Michael, du beweisst ja richtiges Stehvermögen.
Eine Frage zu den Helmen, welche MVIS für die Army aufrüstet.
Irgendwie kriege ich da was nicht auf die Reihe.
Das sogenannte VCOP System soll einen Preis von ca. 750,000$ haben.
Weiterhin wird von einem Bedarf über 3000 Systeme gesprochen.
Das wäre ja ein Millarden $ Auftrag.
Ich denke, da bringe ich was durcheinander.
Kläre mich bitte auf.
gabi
Michael, du beweisst ja richtiges Stehvermögen.
Eine Frage zu den Helmen, welche MVIS für die Army aufrüstet.
Irgendwie kriege ich da was nicht auf die Reihe.
Das sogenannte VCOP System soll einen Preis von ca. 750,000$ haben.
Weiterhin wird von einem Bedarf über 3000 Systeme gesprochen.
Das wäre ja ein Millarden $ Auftrag.
Ich denke, da bringe ich was durcheinander.
Kläre mich bitte auf.
gabi
http://www.nasdaq.com/asp/Holdings.asp?FormType=Institutiona…
Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
WM ADVISORS INC/WA 3/31/2001 624,170 61,500 10.93% $13,276
BARCLAYS GLOBAL INVE... 3/31/2001 276,968 44,166 18.97% $5,891
GENERAL ELECTRIC CO 3/31/2001 250,000 250,000 New $5,318
GE ASSET MANAGEMENT 12/31/2000 250,000 0 0.00% $5,318
FEDERATED INVESTORS ... 3/31/2001 167,114 36,900 28.34% $3,555
VANGUARD GROUP INC 3/31/2001 94,600 3,300 3.61% $2,012
TIAA CREF INVESTMENT... 3/31/2001 88,300 (200) (0.23%) $1,878
STATE STREET CORP 3/31/2001 81,910 (4,384) (5.08%) $1,742
DFA INVESTMENT DIMEN... 12/31/2000 80,500 10,000 14.18% $1,712
UBS AMERICAS INC 3/31/2001 74,255 20,205 37.38% $1,579
MELLON BANK N A 3/31/2001 56,450 (8,800) (13.49%) $1,201
FUND ASSET MANAGEMEN... 3/31/2001 39,100 39,100 New $832
MERRILL LYNCH ASSET ... 3/31/2001 39,100 0 0.00% $832
NORTHERN TRUST CORP 3/31/2001 37,442 4,100 12.30% $796
CITIGROUP INC 3/31/2001 36,848 1,666 4.74% $784
CALIFORNIA STATE TEA... 3/31/2001 36,700 22,660 161.40% $781
TAUNUS CORP 3/31/2001 34,952 3,396 10.76% $743
FIRST UNION CAPITAL ... 3/31/2001 31,665 2,335 7.96% $674
STATE BOARD OF ADMIN... 3/31/2001 30,900 0 0.00% $657
CAXTON ASSOCIATES LL... 3/31/2001 27,900 27,900 New $593
Ownership Summary
% Shares Owned: 21.10 Price Range Quarter: $16.38 - $38.39
% Change in Ownership: 21.92 # New Buyers: 8
# Institutions: 49 # Closed Positions: 3
Total Shares Held: 2,512,631
3 Mo. Shares Purchased: 536,545 # Buyers: 24
3 Mo. Shares Sold: (84,785) # Sellers 11
3 Mo. Net Change: 451,760 # Net Buyers: 13
Top Institutional Holders
Institution Name Shares Held Position Value (000) % Shs. Out. Portfolio Date
WM ADVISORS 624,170 $9,479.58 5.24% 3/31/01
GE ASSET MGMT 250,000 $4,375 2.10% 12/31/00
BARCLAYS GLOBAL INVESTORS INTL 276,968 $4,206.45 2.33% 3/31/01
GENERAL ELECTRIC CO 250,000 $3,796.88 2.10% 3/31/01
FEDERATED INVESTORS 167,114 $2,538.04 1.40% 3/31/01
VANGUARD GROUP 94,600 $1,436.74 0.79% 3/31/01
DIMENSIONAL FUND ADVISORS 80,500 $1,408.75 0.68% 12/31/00
TEACHERS INSURANCE & ANNUITY ASSOC 90,600 $1,375.99 0.76% 3/31/01
STATE STREET GLOBAL ADVISORS 81,910 $1,244.01 0.69% 3/31/01
PAINEWEBBER INC 74,255 $1,127.75 0.62% 3/31/01
MELLON BANK 41,950 $637.12 0.35% 3/31/01
MERRILL LYNCH ASSET MGMT 39,100 $593.83 0.33% 3/31/01
CS FIRST BOSTON INVESTMENT MGMT 32,497 $568.70 0.27% 12/31/00
NORTHERN TRUST CO 37,442 $568.65 0.31% 3/31/01
SMITH BARNEY ASSET MGMT 36,848 $559.63 0.31% 3/31/01
Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
WM ADVISORS INC/WA 3/31/2001 624,170 61,500 10.93% $13,276
BARCLAYS GLOBAL INVE... 3/31/2001 276,968 44,166 18.97% $5,891
GENERAL ELECTRIC CO 3/31/2001 250,000 250,000 New $5,318
GE ASSET MANAGEMENT 12/31/2000 250,000 0 0.00% $5,318
FEDERATED INVESTORS ... 3/31/2001 167,114 36,900 28.34% $3,555
VANGUARD GROUP INC 3/31/2001 94,600 3,300 3.61% $2,012
TIAA CREF INVESTMENT... 3/31/2001 88,300 (200) (0.23%) $1,878
STATE STREET CORP 3/31/2001 81,910 (4,384) (5.08%) $1,742
DFA INVESTMENT DIMEN... 12/31/2000 80,500 10,000 14.18% $1,712
UBS AMERICAS INC 3/31/2001 74,255 20,205 37.38% $1,579
MELLON BANK N A 3/31/2001 56,450 (8,800) (13.49%) $1,201
FUND ASSET MANAGEMEN... 3/31/2001 39,100 39,100 New $832
MERRILL LYNCH ASSET ... 3/31/2001 39,100 0 0.00% $832
NORTHERN TRUST CORP 3/31/2001 37,442 4,100 12.30% $796
CITIGROUP INC 3/31/2001 36,848 1,666 4.74% $784
CALIFORNIA STATE TEA... 3/31/2001 36,700 22,660 161.40% $781
TAUNUS CORP 3/31/2001 34,952 3,396 10.76% $743
FIRST UNION CAPITAL ... 3/31/2001 31,665 2,335 7.96% $674
STATE BOARD OF ADMIN... 3/31/2001 30,900 0 0.00% $657
CAXTON ASSOCIATES LL... 3/31/2001 27,900 27,900 New $593
Ownership Summary
% Shares Owned: 21.10 Price Range Quarter: $16.38 - $38.39
% Change in Ownership: 21.92 # New Buyers: 8
# Institutions: 49 # Closed Positions: 3
Total Shares Held: 2,512,631
3 Mo. Shares Purchased: 536,545 # Buyers: 24
3 Mo. Shares Sold: (84,785) # Sellers 11
3 Mo. Net Change: 451,760 # Net Buyers: 13
Top Institutional Holders
Institution Name Shares Held Position Value (000) % Shs. Out. Portfolio Date
WM ADVISORS 624,170 $9,479.58 5.24% 3/31/01
GE ASSET MGMT 250,000 $4,375 2.10% 12/31/00
BARCLAYS GLOBAL INVESTORS INTL 276,968 $4,206.45 2.33% 3/31/01
GENERAL ELECTRIC CO 250,000 $3,796.88 2.10% 3/31/01
FEDERATED INVESTORS 167,114 $2,538.04 1.40% 3/31/01
VANGUARD GROUP 94,600 $1,436.74 0.79% 3/31/01
DIMENSIONAL FUND ADVISORS 80,500 $1,408.75 0.68% 12/31/00
TEACHERS INSURANCE & ANNUITY ASSOC 90,600 $1,375.99 0.76% 3/31/01
STATE STREET GLOBAL ADVISORS 81,910 $1,244.01 0.69% 3/31/01
PAINEWEBBER INC 74,255 $1,127.75 0.62% 3/31/01
MELLON BANK 41,950 $637.12 0.35% 3/31/01
MERRILL LYNCH ASSET MGMT 39,100 $593.83 0.33% 3/31/01
CS FIRST BOSTON INVESTMENT MGMT 32,497 $568.70 0.27% 12/31/00
NORTHERN TRUST CO 37,442 $568.65 0.31% 3/31/01
SMITH BARNEY ASSET MGMT 36,848 $559.63 0.31% 3/31/01
Noch müssen wir den Ball flach halten... Prototypen werden ausgeliefert, und die army gibt Geld für weitere Entwicklungen. Sollten diese erfolgreich abgeschlossen werden ist das Potential gewaltig (nicht nur Helikopter wollen aufgerüstet werden; und nicht nur das Militär, wobei dies bei technischen Neuerungen meist Pionierstellung einnimmt).
Ob MVIS das komplette System ALLEINE ausliefert halte ich für fraglich, ich denke vielmehr dass das Komplettsystem 750k kostet und MVIS die teuerste Komponente liefert.
Es ist mal wieder typisch: tiefstkurse, und dann kommen die Institutionellen und decken sich mit fettesten Blöcken ein (s.o.). Und dann wird MVIS mal so nebenbei wieder heraufgestuft... selbes Schema bei anderen Werten.
M_3
Ob MVIS das komplette System ALLEINE ausliefert halte ich für fraglich, ich denke vielmehr dass das Komplettsystem 750k kostet und MVIS die teuerste Komponente liefert.
Es ist mal wieder typisch: tiefstkurse, und dann kommen die Institutionellen und decken sich mit fettesten Blöcken ein (s.o.). Und dann wird MVIS mal so nebenbei wieder heraufgestuft... selbes Schema bei anderen Werten.
M_3
Hi
Danke für die prompte Antwort. Dachte schon ich hätte irgendwie die Kommas vertauscht.
Danke für die prompte Antwort. Dachte schon ich hätte irgendwie die Kommas vertauscht.
Hallo allerseits,
schön, dass es inzwischen auch in D ein paar MVIS-Interessierte gibt.
Ich bin jetzt seit ca. einem Jahr dabei. Auf der letzten Pressekonferenz anlässlich der Q1-Zahlen ist Rick von einer Jahresproduktion von 500 St. VCOP-Systemen ausgegangen. Bei einem Stückpreis von 750.000 sind das ca. 400 Mio $ pro Jahr. allerdings werden nur etwa 80-100 Mio auf MVIS entfallen. Mit Produktionsbeginn ist auch nicht vor 2004 od. 2005 zu rechnen. Es ist gut, die Army mit im Boot zu haben. Die sollen ruhig das R&D bezahlen. Ansonsten setze ich vor allem auf industrielle Anwendungen. Hier arbeitet MVIS ja u.a. mit ARVIKA zusammen, einem deutschen Konsortium zur Entwicklung von "Augmented Reality"-Systemen.
In der Computerwoche vom 4.5. gab es einen Bericht darüber, zusammen mit einem "Nomad"-Photo.
Gruß,
bim
schön, dass es inzwischen auch in D ein paar MVIS-Interessierte gibt.
Ich bin jetzt seit ca. einem Jahr dabei. Auf der letzten Pressekonferenz anlässlich der Q1-Zahlen ist Rick von einer Jahresproduktion von 500 St. VCOP-Systemen ausgegangen. Bei einem Stückpreis von 750.000 sind das ca. 400 Mio $ pro Jahr. allerdings werden nur etwa 80-100 Mio auf MVIS entfallen. Mit Produktionsbeginn ist auch nicht vor 2004 od. 2005 zu rechnen. Es ist gut, die Army mit im Boot zu haben. Die sollen ruhig das R&D bezahlen. Ansonsten setze ich vor allem auf industrielle Anwendungen. Hier arbeitet MVIS ja u.a. mit ARVIKA zusammen, einem deutschen Konsortium zur Entwicklung von "Augmented Reality"-Systemen.
In der Computerwoche vom 4.5. gab es einen Bericht darüber, zusammen mit einem "Nomad"-Photo.
Gruß,
bim
Und es geht weiter...
Microvision Demonstrates Daylight Readable Mini-Projection Display For Potential Automotive Applications
BOTHELL, Wash., May 21, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS), the leader in laser-scanning display technology, announced today
that its advanced research and development team has demonstrated a small
rear-projection display that is daylight-readable. The projection display has
several potential applications in automobiles, including a driver information
center, reconfigurable instrument panel, and -- coupled with rear-facing cameras
-- a replacement for side-mounted rear view mirrors.
The high-resolution image is scanned onto the back of a mylar screen which is
specially treated to prevent light from scattering. The result is an extremely
bright, daylight readable display that can be produced in a wide array of shapes
and sizes, and can display virtually any information that can be imagined by the
vehicle designer.
Displays in automobiles are becoming more and more important for a variety of
reasons including the delivery of information services to the driver.
Manufacturers are also interested in instrument panel displays that are more
versatile and can produce higher quality graphics than the displays currently in
use. Higher resolution displays would also allow for individual instruments and
dash panels to be reconfigured; an advantage to manufacturers during production
and to drivers who want to customize or upgrade their instrument panel.
"There is keen interest from automobile companies in high resolution, high
brightness displays that can be flexibly configured," said Tom Sanko,
Microvision`s vice president for marketing. "Existing display technology doesn`t
meet key requirements for such systems -- daylight readability, low-cost, power
efficiency and longevity. We believe that a significant market opportunity
exists for Microvision`s display technology in this market and that we can meet
all of the requirements for such systems. While this is an early effort, we are
quite excited because we can adapt existing technology being developed for our
Nomad wearable display to meet initial requirements with monochromatic displays
while offering a path to full-color systems."
Weiteres Massen-Einsatzgebiet von displays "powerded by microvision" nun auch offiziell in einer adhoc. In dem von believe in mvis erwähnten und bekannten von (glaube ich) Siemens geführten Konsortium sind auch namhafte Automobilhersteller vertreten...
M_3
Microvision Demonstrates Daylight Readable Mini-Projection Display For Potential Automotive Applications
BOTHELL, Wash., May 21, 2001 /PRNewswire via COMTEX/ -- Microvision, Inc.
(Nasdaq: MVIS), the leader in laser-scanning display technology, announced today
that its advanced research and development team has demonstrated a small
rear-projection display that is daylight-readable. The projection display has
several potential applications in automobiles, including a driver information
center, reconfigurable instrument panel, and -- coupled with rear-facing cameras
-- a replacement for side-mounted rear view mirrors.
The high-resolution image is scanned onto the back of a mylar screen which is
specially treated to prevent light from scattering. The result is an extremely
bright, daylight readable display that can be produced in a wide array of shapes
and sizes, and can display virtually any information that can be imagined by the
vehicle designer.
Displays in automobiles are becoming more and more important for a variety of
reasons including the delivery of information services to the driver.
Manufacturers are also interested in instrument panel displays that are more
versatile and can produce higher quality graphics than the displays currently in
use. Higher resolution displays would also allow for individual instruments and
dash panels to be reconfigured; an advantage to manufacturers during production
and to drivers who want to customize or upgrade their instrument panel.
"There is keen interest from automobile companies in high resolution, high
brightness displays that can be flexibly configured," said Tom Sanko,
Microvision`s vice president for marketing. "Existing display technology doesn`t
meet key requirements for such systems -- daylight readability, low-cost, power
efficiency and longevity. We believe that a significant market opportunity
exists for Microvision`s display technology in this market and that we can meet
all of the requirements for such systems. While this is an early effort, we are
quite excited because we can adapt existing technology being developed for our
Nomad wearable display to meet initial requirements with monochromatic displays
while offering a path to full-color systems."
Weiteres Massen-Einsatzgebiet von displays "powerded by microvision" nun auch offiziell in einer adhoc. In dem von believe in mvis erwähnten und bekannten von (glaube ich) Siemens geführten Konsortium sind auch namhafte Automobilhersteller vertreten...
M_3
Nice to know...
http://biz.yahoo.com/prnews/010521/sfm088.html
SEATTLE, May 21 /PRNewswire/ -- ViAir, Inc., a mobile applications management and services delivery platform provider for wireless carriers, today announced the appointment of Bill Owens to its board of directors. Owens, who is co-CEO and vice chairman of Teledesic, brings extensive experience in corporate growth strategies and a strong network of national and international relationships in the telecommunications industry.
``Bill is a strong addition to the board and we are honored that he has joined the ViAir team,`` said Bruce Chatterley, CEO, ViAir. ``With his extensive leadership and international experience, Bill will be a critical member of the ViAir team as we continue to build our leadership position in delivering wireless carriers a powerful platform and set of services that help them monetize and manage the wireless Internet.``
Before coming to Teledesic, Owens was vice chairman, president and chief operating officer of Science Applications International Corporation (SAIC), the nation`s largest employee-owned high-technology company. During his two-year tenure as president, the company grew more than 160 percent to $5 billion in revenues.
Before going to the private sector, Owens held the rank of four-star admiral in the U.S. Navy and was Vice Chairman of the Joint Chiefs of Staff. During his distinguished military career, Owens also served as commander of the U.S. Sixth Fleet and senior military assistant to Secretaries of Defense Frank Carlucci and Dick Cheney.
``With a focused long-term vision and proven technology already deployed by major carriers such as Nextel and Rogers AT&T, ViAir is poised to emerge as the industry standard in wireless infrastructure to help carriers monetize and manage the wireless Web,`` said Owens. ``I look forward to taking an active role in helping to shape ViAir`s future success.``
Owens also holds board of director positions at several other corporate, non-profit and governmental organizations, including Polycom, Symantec, Microvision and Viasat.
In related news today, ViAir announced it secured more than $15 million in funding and named three new members to its board of advisors. (See separate news releases for more information.)
About ViAir, Inc.
ViAir, Inc. is a mobile applications management and services delivery platform provider. The company`s proven platform, deployed by major carriers and service providers, is driving adoption and repeat usage of the wireless Web today. ViAir has relationships with leading carriers, including Nextel and Rogers AT&T Wireless. ViAir designed its platform to integrate third party applications and give its customers the ability to monetize, simplify, own and add value to the end user`s wireless Web experience. Built on its carrier-grade platform, WirelessInbox and WirelessInbox Enterprise give users direct access to their existing Internet and corporate e-mail, calendar and contacts using any Web-enabled device. ViAir is based in Seattle with European headquarters near London. The privately held company was founded in February of 2000. For more information on ViAir, go to www.viair.com, e-mail info@viair.com, or call 866-44-VIAIR or 206-428-4100.
Das Microvision-Netzwerk ist sehr interessant...
http://biz.yahoo.com/prnews/010521/sfm088.html
SEATTLE, May 21 /PRNewswire/ -- ViAir, Inc., a mobile applications management and services delivery platform provider for wireless carriers, today announced the appointment of Bill Owens to its board of directors. Owens, who is co-CEO and vice chairman of Teledesic, brings extensive experience in corporate growth strategies and a strong network of national and international relationships in the telecommunications industry.
``Bill is a strong addition to the board and we are honored that he has joined the ViAir team,`` said Bruce Chatterley, CEO, ViAir. ``With his extensive leadership and international experience, Bill will be a critical member of the ViAir team as we continue to build our leadership position in delivering wireless carriers a powerful platform and set of services that help them monetize and manage the wireless Internet.``
Before coming to Teledesic, Owens was vice chairman, president and chief operating officer of Science Applications International Corporation (SAIC), the nation`s largest employee-owned high-technology company. During his two-year tenure as president, the company grew more than 160 percent to $5 billion in revenues.
Before going to the private sector, Owens held the rank of four-star admiral in the U.S. Navy and was Vice Chairman of the Joint Chiefs of Staff. During his distinguished military career, Owens also served as commander of the U.S. Sixth Fleet and senior military assistant to Secretaries of Defense Frank Carlucci and Dick Cheney.
``With a focused long-term vision and proven technology already deployed by major carriers such as Nextel and Rogers AT&T, ViAir is poised to emerge as the industry standard in wireless infrastructure to help carriers monetize and manage the wireless Web,`` said Owens. ``I look forward to taking an active role in helping to shape ViAir`s future success.``
Owens also holds board of director positions at several other corporate, non-profit and governmental organizations, including Polycom, Symantec, Microvision and Viasat.
In related news today, ViAir announced it secured more than $15 million in funding and named three new members to its board of advisors. (See separate news releases for more information.)
About ViAir, Inc.
ViAir, Inc. is a mobile applications management and services delivery platform provider. The company`s proven platform, deployed by major carriers and service providers, is driving adoption and repeat usage of the wireless Web today. ViAir has relationships with leading carriers, including Nextel and Rogers AT&T Wireless. ViAir designed its platform to integrate third party applications and give its customers the ability to monetize, simplify, own and add value to the end user`s wireless Web experience. Built on its carrier-grade platform, WirelessInbox and WirelessInbox Enterprise give users direct access to their existing Internet and corporate e-mail, calendar and contacts using any Web-enabled device. ViAir is based in Seattle with European headquarters near London. The privately held company was founded in February of 2000. For more information on ViAir, go to www.viair.com, e-mail info@viair.com, or call 866-44-VIAIR or 206-428-4100.
Das Microvision-Netzwerk ist sehr interessant...
Für alle Interessierten: MVIS-CEO Rick Rutkowski hat unser Baby heute bei einer Investoren-Konferenz vom Brokerhaus Friedman Billings Ramsey vorgestellt. Die Präsentation wurde via webcast übertragen und kann über
http://www03.activate.net/fbr/may/techconf/event.asp
auch im nachhinein abgerufen werden(keine Grafiken).
Würde mich mal interessieren wer alles (außer Michael_III)diesen thread liest, meldet euch doch mal.
ging ja ganz schön rauf, gestern und heute.
gruß, b.i.m.
http://www03.activate.net/fbr/may/techconf/event.asp
auch im nachhinein abgerufen werden(keine Grafiken).
Würde mich mal interessieren wer alles (außer Michael_III)diesen thread liest, meldet euch doch mal.
ging ja ganz schön rauf, gestern und heute.
gruß, b.i.m.
Hallo Leute! Genau durchlesen!
Microvision and Ford to Collaborate on Novel `Heads-Up` Display For Automobiles
BOTHELL, Wash., May 24, 2001 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), the leader in light scanning technologies, announced today that
they will collaborate with Ford Research Laboratory on the design and
development of next generation driver and passenger display systems for
automotive use.
The first project will demonstrate Microvision`s light scanning display
technology as a driver`s heads-up (HUD) display, similar to those used in
military and commercial aircraft. Microvision`s light scanning displays are
believed to provide the potential for world`s brightest and only daylight
readable augmented vision display in either monochrome or full-color. Such a
display system would allow the driver to view transparent images for daytime
navigation information as well as night vision imagery by projecting the images
off of the windshield.
"We continue to pursue exciting and large market opportunity applications for
our display technology," commented Tom Sanko, Microvision`s vice president for
marketing. "In addition to our recently announced efforts to develop mini-rear
projection displays for automobiles, our HUD development schedule will first
focus on a proof of concept demonstrator. We believe our bright, high-resolution
display enables multiple unique, flexible and valuable configuration
possibilities for future automobile designs. We look forward to working with
Ford on this exciting HUD development."
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
In D haben die Händler das bid schon über 3% des gestrigen Schlußkurses gesetzt...
M_3
Microvision and Ford to Collaborate on Novel `Heads-Up` Display For Automobiles
BOTHELL, Wash., May 24, 2001 /PRNewswire via COMTEX/ -- Microvision Inc.
(Nasdaq: MVIS), the leader in light scanning technologies, announced today that
they will collaborate with Ford Research Laboratory on the design and
development of next generation driver and passenger display systems for
automotive use.
The first project will demonstrate Microvision`s light scanning display
technology as a driver`s heads-up (HUD) display, similar to those used in
military and commercial aircraft. Microvision`s light scanning displays are
believed to provide the potential for world`s brightest and only daylight
readable augmented vision display in either monochrome or full-color. Such a
display system would allow the driver to view transparent images for daytime
navigation information as well as night vision imagery by projecting the images
off of the windshield.
"We continue to pursue exciting and large market opportunity applications for
our display technology," commented Tom Sanko, Microvision`s vice president for
marketing. "In addition to our recently announced efforts to develop mini-rear
projection displays for automobiles, our HUD development schedule will first
focus on a proof of concept demonstrator. We believe our bright, high-resolution
display enables multiple unique, flexible and valuable configuration
possibilities for future automobile designs. We look forward to working with
Ford on this exciting HUD development."
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has application in a broad range of military, medical,
industrial, professional and consumer information products. Additional
information can be found at the company`s Web site at http://www.mvis.com .
In D haben die Händler das bid schon über 3% des gestrigen Schlußkurses gesetzt...
M_3
Hallo Michael,
du postest ja mehr oder weniger hier für dich alleine. Ich hab wieder mal Interesse an MVIS auf lange Sicht und noch etwas Geld frei. Wie siehst du die Chancen, dass die Scanner produktionsreif werden und wie sieht die Konkurrenz aus. Leider kann ich nicht den ganzen Thread durchlesen, habe aber gesehen, dass CISCO bei Lumera und ansonsten Siemens an der Retina-Technologie interessiert sind.
Gruss und Danke
du postest ja mehr oder weniger hier für dich alleine. Ich hab wieder mal Interesse an MVIS auf lange Sicht und noch etwas Geld frei. Wie siehst du die Chancen, dass die Scanner produktionsreif werden und wie sieht die Konkurrenz aus. Leider kann ich nicht den ganzen Thread durchlesen, habe aber gesehen, dass CISCO bei Lumera und ansonsten Siemens an der Retina-Technologie interessiert sind.
Gruss und Danke
Kontroverse (nicht immer sachliche) Diskussionen findet man unter yahoo.
Ansonsten: MVIS ist hochspekulativ, mit gewaltigen Chancen aber auch Risiken. Beides muß nicht näher erläutert werden.
Der Thread hier ist nicht sonderlich interessant, vielleicht wird er es mal wenn MVIS auch in Deutschland bekannt ist.
companies wie lumera sind ebenfalls high risk, auf diesem Sektor wird es einige Pleiten geben.
Tipp: Bodenbildung abwarten, ggf auf richtungsweisende news.
Ansonsten: MVIS ist hochspekulativ, mit gewaltigen Chancen aber auch Risiken. Beides muß nicht näher erläutert werden.
Der Thread hier ist nicht sonderlich interessant, vielleicht wird er es mal wenn MVIS auch in Deutschland bekannt ist.
companies wie lumera sind ebenfalls high risk, auf diesem Sektor wird es einige Pleiten geben.
Tipp: Bodenbildung abwarten, ggf auf richtungsweisende news.
Microvision`s See-Through Display Can Improve Private Pilot Situational Awareness and SafetyFirst General Aviation Flight Test Supports Expanding Market to Include General Aviation Pilots
BOTHELL, Wash., Jun 14, 2001 /PRNewswire via COMTEX/ -- A successful week-long
flight test of heads-up display technology showed dramatic increases in
situational awareness for private pilots using a cockpit visualization system
built around the Microvision (Nasdaq: MVIS) augmented vision technology and
AvroTec`s suite of moving map display software.
The demonstration also marked the first private pilot flight test evaluation of
Microvision`s prototype Nomad Personal Display System, the company`s first
commercial product based on its Retinal Scanning Display(TM) technology.
Part of a strategic partnership between the companies, the flight trials tested
the effectiveness of a cockpit visualization system -- built around the two
products -- in keeping pilot attention focused on the outside environment rather
than looking down at the cockpit controls. With the increased capability to keep
attention focused on flying, test pilots reported external situational awareness
and ease of navigation were greatly enhanced, and that the head-mounted display
proved to be comfortable and reliable.
"The possibilities of information that could be displayed are endless," noted
one test pilot. "The moving map screen is great for situational awareness and
would be a great aid to the instrument pilot."
The flight test supports the company`s extension of the Nomad system`s aerospace
applications beyond its core military customers to include private pilots, said
Steve Whiston, Microvision`s marketing manager for defense and aerospace.
"This application is a natural extension for our Nomad system which excels in
brightly-lit environments where the user needs access to information in a
hands-free and see-through mode," said Whiston. "We see a large marketplace
potential stemming from the base of over 200,000 single engine general aviation
aircraft in the US alone. Combine the potential for increased safety with the
overall improvement in situational awareness, and you have a solid foundation
for a very successful Nomad application."
During the week-long trial, test pilots superimposed images from AvroTec`s
moving map display software onto their vision using the Nomad augmented vision
display system. Pilots reported the cockpit system delivered easily readable
data in bright daylight conditions against both the sky and the ground and did
not obstruct the field of view nor prevent such routine tasks as radio frequency
adjustments and throttle changes.
Based on this initial success, the two companies next plan a test to compare and
quantify the amount of time pilots spend looking down at controls and maps with
traditional displays versus time spent looking out of the cockpit using the
prototype Nomad system displays. The increase in time spent looking out enhances
situational awareness, which correlates with increased safety. Second round test
results will be reported at the EAA AirVenture 2001 in Oshkosh in July.
The flight tests are the first joint project between the two companies, which
recently entered into a strategic alliance aimed at pursuing advanced cockpit
visualization systems. AvroTec and Microvision will perform a series of flight
tests with both company and independent test pilots evaluating the system for
display of navigational maps, local airport area strip charts, and other
aviation symbology.
Microvision continues to pursue market opportunities applicable for the Nomad
wearable display and to demonstrate productivity and safety benefits achieved by
customers and partners in real world applications.
Digital photo of pilot in the cockpit available:
Contact Randy Balogh, Parker LePla, 206-285-5280, randyb@parkerlepla.com
BOTHELL, Wash., Jun 14, 2001 /PRNewswire via COMTEX/ -- A successful week-long
flight test of heads-up display technology showed dramatic increases in
situational awareness for private pilots using a cockpit visualization system
built around the Microvision (Nasdaq: MVIS) augmented vision technology and
AvroTec`s suite of moving map display software.
The demonstration also marked the first private pilot flight test evaluation of
Microvision`s prototype Nomad Personal Display System, the company`s first
commercial product based on its Retinal Scanning Display(TM) technology.
Part of a strategic partnership between the companies, the flight trials tested
the effectiveness of a cockpit visualization system -- built around the two
products -- in keeping pilot attention focused on the outside environment rather
than looking down at the cockpit controls. With the increased capability to keep
attention focused on flying, test pilots reported external situational awareness
and ease of navigation were greatly enhanced, and that the head-mounted display
proved to be comfortable and reliable.
"The possibilities of information that could be displayed are endless," noted
one test pilot. "The moving map screen is great for situational awareness and
would be a great aid to the instrument pilot."
The flight test supports the company`s extension of the Nomad system`s aerospace
applications beyond its core military customers to include private pilots, said
Steve Whiston, Microvision`s marketing manager for defense and aerospace.
"This application is a natural extension for our Nomad system which excels in
brightly-lit environments where the user needs access to information in a
hands-free and see-through mode," said Whiston. "We see a large marketplace
potential stemming from the base of over 200,000 single engine general aviation
aircraft in the US alone. Combine the potential for increased safety with the
overall improvement in situational awareness, and you have a solid foundation
for a very successful Nomad application."
During the week-long trial, test pilots superimposed images from AvroTec`s
moving map display software onto their vision using the Nomad augmented vision
display system. Pilots reported the cockpit system delivered easily readable
data in bright daylight conditions against both the sky and the ground and did
not obstruct the field of view nor prevent such routine tasks as radio frequency
adjustments and throttle changes.
Based on this initial success, the two companies next plan a test to compare and
quantify the amount of time pilots spend looking down at controls and maps with
traditional displays versus time spent looking out of the cockpit using the
prototype Nomad system displays. The increase in time spent looking out enhances
situational awareness, which correlates with increased safety. Second round test
results will be reported at the EAA AirVenture 2001 in Oshkosh in July.
The flight tests are the first joint project between the two companies, which
recently entered into a strategic alliance aimed at pursuing advanced cockpit
visualization systems. AvroTec and Microvision will perform a series of flight
tests with both company and independent test pilots evaluating the system for
display of navigational maps, local airport area strip charts, and other
aviation symbology.
Microvision continues to pursue market opportunities applicable for the Nomad
wearable display and to demonstrate productivity and safety benefits achieved by
customers and partners in real world applications.
Digital photo of pilot in the cockpit available:
Contact Randy Balogh, Parker LePla, 206-285-5280, randyb@parkerlepla.com
Field Trial Demonstrates Use of Microvision`s See-Through Display Dramatically Reduces Engine Repair TimeAmbulance Mechanics Improve Repair Speed and Accuracy by Close to 70% Using Prototype Nomad(TM) System
BOTHELL, Wash., Jun 21, 2001 /PRNewswire via COMTEX/ -- Mechanics from American
Medical Response Ambulance reduced repair and maintenance time on their
ambulance fleet by as much as 68.9 percent, using a prototype Microvision
(Nasdaq: MVIS) Nomad Personal Display System, a wearable computer, and
voice-activated graphic user interface software from Tangis Corporation. The
system acted as an electronic maintenance manual for the mechanics during the
trial.
The day-long maintenance trial -- part of a partnership between Microvision and
Tangis -- was designed to demonstrate and quantify the time saved by mechanics
in diagnosing and repairing the ambulance rigs. During the trial, the AMR
mechanics used the Nomad System`s augmented vision display to superimpose data
from repair manuals onto their vision at the point of task. In two different
repair procedures, mechanics wearing the Nomad Personal Display System gained
almost 57% in time spent repairing a brake failure, and achieved nearly a 70%
gain in time spent repairing an emissions system failure.
"The dramatic gains in efficiency underscore the Nomad System`s potential to
increase productivity by delivering critical data to mobile workers who rely
upon printed reference materials," said Larry Zibrik, Microvision`s marketing
manager for industry.
"The challenges faced by AMR`s mechanics with their paper maintenance manuals
are the same issues confronting workers in power plants, aircraft maintenance
operations, and a vast array of maintenance applications in use today," noted
Zibrik. "The Nomad System`s head-up, hands-free solution will allow people in
almost any industry to perform their tasks with critical information literally
at their fingertips."
"The system was most effective with novice mechanics unfamiliar with all of the
ambulance maintenance procedures. This is an industry-wide dilemma for companies
faced with high turnover. The Nomad System coupled with the Tangis software
enables the novice workers to climb the learning curve more quickly."
With responsibility for over 150 emergency fleet vehicles all supplied by Ford
Motor Company, the AMR maintenance team -- based just south of Seattle --
depends on Ford manuals and procedures to diagnose and repair vehicle faults.
Once the fault has been determined, the mechanic must locate the manual -- kept
in a central location -- to determine how to troubleshoot and repair the
problem. This is no small task in a busy shop like AMR`s -- paper manuals are
cumbersome, difficult to keep up to date and inefficient. "In our day-to-day
work, paper manuals get lost, misplaced and damaged all the time," said Evan
Miller, AMR lead mechanic.
Miller noted that the AMR mechanics adapted to the Microvision technology
solution quickly and found the Nomad System`s see-through capability to be
comfortable and effective. "The guys used the system with very little training,"
he said. "I was surprised how quickly they became proficient"
The study is the latest in a series of field trials Microvision is conducting
with customers and technology partners in aerospace, medical and industrial
applications as the company develops market opportunities for the Nomad Personal
Display System -- which is scheduled to be released late this year. Such trials
will demonstrate productivity and safety benefits achieved by customers and
partners in real world applications.
Digital photo of AMR mechanics wearing the prototype Nomad System available.
Contact Randy Balogh, Parker LePla, 206-285-5280, randyb@parkerlepla.com
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. is the developer of the patented
retinal scanning display technology and a world leader in micro miniature
optical scanning technology for display and imaging applications. The company`s
technology has applications in a broad range of military, medical, industrial,
professional and consumer information products.
NOTE: Nomad is a trademark of Microvision, Inc.
BOTHELL, Wash., Jun 21, 2001 /PRNewswire via COMTEX/ -- Mechanics from American
Medical Response Ambulance reduced repair and maintenance time on their
ambulance fleet by as much as 68.9 percent, using a prototype Microvision
(Nasdaq: MVIS) Nomad Personal Display System, a wearable computer, and
voice-activated graphic user interface software from Tangis Corporation. The
system acted as an electronic maintenance manual for the mechanics during the
trial.
The day-long maintenance trial -- part of a partnership between Microvision and
Tangis -- was designed to demonstrate and quantify the time saved by mechanics
in diagnosing and repairing the ambulance rigs. During the trial, the AMR
mechanics used the Nomad System`s augmented vision display to superimpose data
from repair manuals onto their vision at the point of task. In two different
repair procedures, mechanics wearing the Nomad Personal Display System gained
almost 57% in time spent repairing a brake failure, and achieved nearly a 70%
gain in time spent repairing an emissions system failure.
"The dramatic gains in efficiency underscore the Nomad System`s potential to
increase productivity by delivering critical data to mobile workers who rely
upon printed reference materials," said Larry Zibrik, Microvision`s marketing
manager for industry.
"The challenges faced by AMR`s mechanics with their paper maintenance manuals
are the same issues confronting workers in power plants, aircraft maintenance
operations, and a vast array of maintenance applications in use today," noted
Zibrik. "The Nomad System`s head-up, hands-free solution will allow people in
almost any industry to perform their tasks with critical information literally
at their fingertips."
"The system was most effective with novice mechanics unfamiliar with all of the
ambulance maintenance procedures. This is an industry-wide dilemma for companies
faced with high turnover. The Nomad System coupled with the Tangis software
enables the novice workers to climb the learning curve more quickly."
With responsibility for over 150 emergency fleet vehicles all supplied by Ford
Motor Company, the AMR maintenance team -- based just south of Seattle --
depends on Ford manuals and procedures to diagnose and repair vehicle faults.
Once the fault has been determined, the mechanic must locate the manual -- kept
in a central location -- to determine how to troubleshoot and repair the
problem. This is no small task in a busy shop like AMR`s -- paper manuals are
cumbersome, difficult to keep up to date and inefficient. "In our day-to-day
work, paper manuals get lost, misplaced and damaged all the time," said Evan
Miller, AMR lead mechanic.
Miller noted that the AMR mechanics adapted to the Microvision technology
solution quickly and found the Nomad System`s see-through capability to be
comfortable and effective. "The guys used the system with very little training,"
he said. "I was surprised how quickly they became proficient"
The study is the latest in a series of field trials Microvision is conducting
with customers and technology partners in aerospace, medical and industrial
applications as the company develops market opportunities for the Nomad Personal
Display System -- which is scheduled to be released late this year. Such trials
will demonstrate productivity and safety benefits achieved by customers and
partners in real world applications.
Digital photo of AMR mechanics wearing the prototype Nomad System available.
Contact Randy Balogh, Parker LePla, 206-285-5280, randyb@parkerlepla.com
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. is the developer of the patented
retinal scanning display technology and a world leader in micro miniature
optical scanning technology for display and imaging applications. The company`s
technology has applications in a broad range of military, medical, industrial,
professional and consumer information products.
NOTE: Nomad is a trademark of Microvision, Inc.
June 21, 2001 -- Josephthal & Co. is having new and serious problems, The Post has learned.
Josephthal, which just paid a hefty $3.3 million fine, fired most of its research, sales and trading staff at a surprise meeting at 4 p.m. yesterday.
No officials at the embattled firm returned calls for confirmation, but sources said that at least 20 to 25 people were let go.
An insider said that what happened was just a part of the downsizing that is hitting all of Wall Street as profits have evaporated in the sluggish economy.
But the firm laid off an undetermined number of support staff this spring, and sources claim that Josephthal has also suffered defections in its broker ranks.
In May, Josephthal faced the National Association of Securities Dealers for unfair dealing with its customers in VictorMaxx stock, a virtual reality company that Josephthal helped to take public in August 1995.
The firm and then-CEO Daniel Purjes were ordered to pay $1.5 million in restitution plus interest to 360 customers.
President Paul Fitzgerald was also fined $500,000.
The total fines with interest came to $3.3 million and Purjes was suspended.
Josephthal, although not an active participant in the IPO market, has not underwritten an IPO since October 1999.
Josephthal, which just paid a hefty $3.3 million fine, fired most of its research, sales and trading staff at a surprise meeting at 4 p.m. yesterday.
No officials at the embattled firm returned calls for confirmation, but sources said that at least 20 to 25 people were let go.
An insider said that what happened was just a part of the downsizing that is hitting all of Wall Street as profits have evaporated in the sluggish economy.
But the firm laid off an undetermined number of support staff this spring, and sources claim that Josephthal has also suffered defections in its broker ranks.
In May, Josephthal faced the National Association of Securities Dealers for unfair dealing with its customers in VictorMaxx stock, a virtual reality company that Josephthal helped to take public in August 1995.
The firm and then-CEO Daniel Purjes were ordered to pay $1.5 million in restitution plus interest to 360 customers.
President Paul Fitzgerald was also fined $500,000.
The total fines with interest came to $3.3 million and Purjes was suspended.
Josephthal, although not an active participant in the IPO market, has not underwritten an IPO since October 1999.
@Michael
Hallo, ich bin vorgestern eingestiegen. Wie du weisst, bin
ich schon länger an MVIS interessiert. Ich denke wir hatten
vorgestern eine gute Gelegenheit, einzusteigen rein charttechnisch. Wir formieren gerade eine umgekehrte SKS-Formation mit der ersten Schulter um 17 Dollar im Januar, dem Kopf bei ca. 13 Dollar im April und der letzten Schulter in den letzen Tagen um 18 Dollar. Die Nackenlinie wird durch die Zwischenhochs im Februar und Anfang Juni bei ca. 28 Dollar definiert. Damit ergibt sich charttechnisch ein Potential auf ca. 45-50 Dollar in die Nähe des ATH.
Gruss und danke für deine Infos
Hallo, ich bin vorgestern eingestiegen. Wie du weisst, bin
ich schon länger an MVIS interessiert. Ich denke wir hatten
vorgestern eine gute Gelegenheit, einzusteigen rein charttechnisch. Wir formieren gerade eine umgekehrte SKS-Formation mit der ersten Schulter um 17 Dollar im Januar, dem Kopf bei ca. 13 Dollar im April und der letzten Schulter in den letzen Tagen um 18 Dollar. Die Nackenlinie wird durch die Zwischenhochs im Februar und Anfang Juni bei ca. 28 Dollar definiert. Damit ergibt sich charttechnisch ein Potential auf ca. 45-50 Dollar in die Nähe des ATH.
Gruss und danke für deine Infos
@Michael
hier ein aktueller Text von Heise-Online (27.06.2001) über semitransparente Displays etc. Lass mich bitte deine Einschätzung wissen.
Gruss
---------------------------------
Der durchsichtige Patient
Das Zentrum für Graphische Datenverarbeitung in Darmstadt entwickelt ein halbtransparentes Display, mit dem der Arzt "in das Innere des Patienten blicken kann". Hierzu soll das Display – vor das Behandlungsfeld geklappt – dreidimensional rekonstruierte Daten aus der Sonografie, Computer- oder Magnetresonanztomografie anzeigen und trotzdem den Blick auf die reale Situation nicht versperren. Ein Operateur beispielsweise sieht dann eine "optische Symbiose" aus realem und virtuellem Operationsgebiet und erhält damit auch einen Eindruck von benachbarten, aber im direkten Blick (noch) nicht sichtbaren Strukturen.
Die Haupteinsatzgebiete sehen die Forscher in Fachgebieten mit besonders präzisem räumlichen Visualisierungsbedarf, nämlich in der Herzchirurgie, der Lungen- und der Strahlenheilkunde. Die Forschungsarbeit konzentriert sich neben den Displays auf die Entwicklung zuverlässiger Tracking-Systeme, die in Echtzeit die Lage des Patienten und die Blickrichtung des Operateurs ermitteln und das virtuelle Bild anpassen müssen.
Das Forschungsvorhaben zur "erweiterten Realität" ("augmented Reality") wird mit 5,9 Millionen Mark vom Bundesministerium für Bildung und Forschung (BMBF) gefördert. Neben den Darmstädtern sind an dem Forschungsvorhaben u. a. noch das Fraunhofer Institut für Graphische Datenverarbeitung sowie die Uniklinik Frankfurt und die Kliniken Offenbach und Nürnberg Nord beteiligt.
Die Technologie der "erweiterten Realität", bei der sich computererzeugte Bilder mit realen Bildern überlagern, ist nicht neu. Allerdings gibt es für Chirurgen bisher nur die Möglichkeit, sich die Zusatzinformationen über eine Datenbrille einblenden zu lassen. Solche Head Mounted Displays, die mit Datenhelm, Kameras und Kabeln die Blick- und Bewegungsfreiheit einschränken, würden aber nach Aussage der Darmstädter Forscher von der "Mehrzahl der Chirurgen aus ergonomischen Gründen" abgelehnt.
Auch in anderen Feldern könnten sich Augmented-Reality-Systeme Gewinn bringend einsetzen lassen, beispielsweise im Wartungsbereich, wo Wartungstechniker im Außendienst durch mobile AR-Systeme effizienter und aktueller unterstützt werden könnten. Dies könnte auch den Qualifizierungsbedarf auf seiten der Mechaniker und damit die Personalkosten drücken helfen. (klp/c`t)
--------------------------------------
An dem Zentrum sind Microsoft und Daimler beteiligt.
hier ein aktueller Text von Heise-Online (27.06.2001) über semitransparente Displays etc. Lass mich bitte deine Einschätzung wissen.
Gruss
---------------------------------
Der durchsichtige Patient
Das Zentrum für Graphische Datenverarbeitung in Darmstadt entwickelt ein halbtransparentes Display, mit dem der Arzt "in das Innere des Patienten blicken kann". Hierzu soll das Display – vor das Behandlungsfeld geklappt – dreidimensional rekonstruierte Daten aus der Sonografie, Computer- oder Magnetresonanztomografie anzeigen und trotzdem den Blick auf die reale Situation nicht versperren. Ein Operateur beispielsweise sieht dann eine "optische Symbiose" aus realem und virtuellem Operationsgebiet und erhält damit auch einen Eindruck von benachbarten, aber im direkten Blick (noch) nicht sichtbaren Strukturen.
Die Haupteinsatzgebiete sehen die Forscher in Fachgebieten mit besonders präzisem räumlichen Visualisierungsbedarf, nämlich in der Herzchirurgie, der Lungen- und der Strahlenheilkunde. Die Forschungsarbeit konzentriert sich neben den Displays auf die Entwicklung zuverlässiger Tracking-Systeme, die in Echtzeit die Lage des Patienten und die Blickrichtung des Operateurs ermitteln und das virtuelle Bild anpassen müssen.
Das Forschungsvorhaben zur "erweiterten Realität" ("augmented Reality") wird mit 5,9 Millionen Mark vom Bundesministerium für Bildung und Forschung (BMBF) gefördert. Neben den Darmstädtern sind an dem Forschungsvorhaben u. a. noch das Fraunhofer Institut für Graphische Datenverarbeitung sowie die Uniklinik Frankfurt und die Kliniken Offenbach und Nürnberg Nord beteiligt.
Die Technologie der "erweiterten Realität", bei der sich computererzeugte Bilder mit realen Bildern überlagern, ist nicht neu. Allerdings gibt es für Chirurgen bisher nur die Möglichkeit, sich die Zusatzinformationen über eine Datenbrille einblenden zu lassen. Solche Head Mounted Displays, die mit Datenhelm, Kameras und Kabeln die Blick- und Bewegungsfreiheit einschränken, würden aber nach Aussage der Darmstädter Forscher von der "Mehrzahl der Chirurgen aus ergonomischen Gründen" abgelehnt.
Auch in anderen Feldern könnten sich Augmented-Reality-Systeme Gewinn bringend einsetzen lassen, beispielsweise im Wartungsbereich, wo Wartungstechniker im Außendienst durch mobile AR-Systeme effizienter und aktueller unterstützt werden könnten. Dies könnte auch den Qualifizierungsbedarf auf seiten der Mechaniker und damit die Personalkosten drücken helfen. (klp/c`t)
--------------------------------------
An dem Zentrum sind Microsoft und Daimler beteiligt.
Sehr interessanter Bericht und eine Breitseite gegen die ersten Produkte von MVIS. Bekanntlich soll das NOMAD-System Ende des Jahres in Operationsräumen Einzug halten. Ein weiteres vorläufiges Einsatzgebiet laut letzter adhoc waren Wartungsarbeiten. Auch hier scheint das erwähnte System zu greifen.
Alles in allem (auch in den sec-filings) besteht natürlich das gewaltige Risiko, dass die (mEn spektakuläre) MVIS-Technologie durch neuere Technologien unbrauchbar gemacht werden. Das feature des RSD ist die see-through Möglichkeit. Die angeführte Technologie bietet wohl das selbe feature.
Es wäre nun interessant zu wissen in welchem Entwicklungsstadium sich angeführte Technologie befindet. Ferner, ob die von Chirugen gemachten Erfahrungen mit HMD tatsächlich mit MVIS-displays gemacht wurden. Wenn ich mich recht entsinne bestand mal / besteht eine MVIS-Kooperation mit einem deutschen Klinikum. Sollten diese negative Erfahrungen gemacht haben (Kabelsalat u.ä.) spräche das nicht für die MVIS-Technologie auf diesem Sektor.
TXS for research!
M_3
Alles in allem (auch in den sec-filings) besteht natürlich das gewaltige Risiko, dass die (mEn spektakuläre) MVIS-Technologie durch neuere Technologien unbrauchbar gemacht werden. Das feature des RSD ist die see-through Möglichkeit. Die angeführte Technologie bietet wohl das selbe feature.
Es wäre nun interessant zu wissen in welchem Entwicklungsstadium sich angeführte Technologie befindet. Ferner, ob die von Chirugen gemachten Erfahrungen mit HMD tatsächlich mit MVIS-displays gemacht wurden. Wenn ich mich recht entsinne bestand mal / besteht eine MVIS-Kooperation mit einem deutschen Klinikum. Sollten diese negative Erfahrungen gemacht haben (Kabelsalat u.ä.) spräche das nicht für die MVIS-Technologie auf diesem Sektor.
TXS for research!
M_3
June 27, 2001: New Companies. Both Millennium & New Frontier have added a considerable number of new companies in the last couple of days. Millennium sold all its MVIS. We have not seen sufficient progress toward profitability, and while they have great technology, it`s beginning to look like it will take longer than we thought to commercialize it.
Hört sich nicht gut an mit Millenium. Dennoch, auch das System aus Darmstadt ist erst in der Entwicklung und noch längst nicht kommerzialisiert.
Hier ein neuer Kommentar:
All Star Analyst`s Stock Picks
INTERNET WIRE -- Zacks.com releases 4 stock picks from "All Star Analyst" Bill Relyea, whose recommendations produced a 110% return in 2000. Bill is an analyst from Josepthal & Company who says the future of technology is mobility. In a weak year for tech stocks he explains why imaging and alternative energy are the next two fields to watch. And below are his favorite stock picks in those industries.
Electric Fuel Corporation (NASDAQ:EFCX - news)
Microvision, Inc. (NASDAQ:MVIS - news)
Planar Systems, Inc. (NASDAQ:PLNR - news)
Supertex (NASDAQ:SUPX - news)
To view all of Bill Relyea`s current recommendations, visit picks.zacks.com
About Zacks All Star Analyst Survey
Which brokerage analysts are the best stock pickers in their field and what stocks are they recommending today? Find out with the Zacks All Star Analyst survey. This exclusive survey, created with Fortune Magazine, reveals the "Best-of-the-Best" brokerage analysts. They are the select group of winners from a field of 5,500 brokerage analysts, the few you should be following.
Best Stock Picks and All Star Analysts Highlighted in FREE Investment Newsletter
Each week, Zacks Investment Research highlights an All Star Analyst in their FREE weekly e-mail newsletter, "Profit from the Pros." Stock picks, including the "All Star Portfolio," are included. The "All Star Portfolio" includes only stocks selected by 4 or more All Star Analysts. You can get stock picks and market insight from leading investment with a FREE subscription to the "Profit from the Pros" investment newsletter. Just visit profit.zacks.com
Hier ein neuer Kommentar:
All Star Analyst`s Stock Picks
INTERNET WIRE -- Zacks.com releases 4 stock picks from "All Star Analyst" Bill Relyea, whose recommendations produced a 110% return in 2000. Bill is an analyst from Josepthal & Company who says the future of technology is mobility. In a weak year for tech stocks he explains why imaging and alternative energy are the next two fields to watch. And below are his favorite stock picks in those industries.
Electric Fuel Corporation (NASDAQ:EFCX - news)
Microvision, Inc. (NASDAQ:MVIS - news)
Planar Systems, Inc. (NASDAQ:PLNR - news)
Supertex (NASDAQ:SUPX - news)
To view all of Bill Relyea`s current recommendations, visit picks.zacks.com
About Zacks All Star Analyst Survey
Which brokerage analysts are the best stock pickers in their field and what stocks are they recommending today? Find out with the Zacks All Star Analyst survey. This exclusive survey, created with Fortune Magazine, reveals the "Best-of-the-Best" brokerage analysts. They are the select group of winners from a field of 5,500 brokerage analysts, the few you should be following.
Best Stock Picks and All Star Analysts Highlighted in FREE Investment Newsletter
Each week, Zacks Investment Research highlights an All Star Analyst in their FREE weekly e-mail newsletter, "Profit from the Pros." Stock picks, including the "All Star Portfolio," are included. The "All Star Portfolio" includes only stocks selected by 4 or more All Star Analysts. You can get stock picks and market insight from leading investment with a FREE subscription to the "Profit from the Pros" investment newsletter. Just visit profit.zacks.com
Ist MVIS heute tatsächlich um 18% gefallen oder sind das nur Computerprobleme an der Nasdaq?
keine Panik,
gestern gabs massive Computerprobleme an der NASDAQ und einige Kurse sind extrem manipuliert worden (bis 100%). Wenn du unter Yahoo die Realtime-Kurse anschaust, siehst du dass der Kurs nur um 1% nachgegeben hat.
gestern gabs massive Computerprobleme an der NASDAQ und einige Kurse sind extrem manipuliert worden (bis 100%). Wenn du unter Yahoo die Realtime-Kurse anschaust, siehst du dass der Kurs nur um 1% nachgegeben hat.
@Michael,
das sollen doch wohl nicht 400 sondern 400.000 Aktien sein, die angemeldet wurden, oder? Was ist deine Meinung dazu?
das sollen doch wohl nicht 400 sondern 400.000 Aktien sein, die angemeldet wurden, oder? Was ist deine Meinung dazu?
Rein vom Zeitpunkt her kommt der Verkauf sehr ungünstig, da damit evt. die umgekehrte SKS Formation unterhalb von 15 zunichte gemacht wird.
Die Dame verkauft,und das ist nicht gut...
Microvision Names William Sydnes as Chief Operating OfficerTechnology Veteran Brings 35 Years of Technical and Management Experience as Company Prepares Its First Commercial Product Launch
BOTHELL, Wash., Jul 12, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today named technology veteran
William Sydnes as its first chief operating officer, reporting directly to CEO
Richard Rutkowski.
Sydnes brings to Microvision over 35 years of experience in business-to-business
applications and consumer technology with a demonstrated track record of
operational success. With control of the company`s day-to-day operations, Sydnes
oversees product development, sales and marketing, and human resources.
He most recently served as vice president, product development and operations
for SENSAR, Inc. a New Jersey-based firm that developed identification
technology that verifies the identification of an individual by utilizing the
unique patterns of the iris of an individual`s eye/s. In this role, Sydnes
developed three major products while staffing the organization with key managers
and technical personnel.
Prior to joining SENSAR, Sydnes served as president and CEO for Sarnoff Real
Time Corporation (SRTC), which developed a family of scaleable massively
parallel streaming servers. SRTC was sold to a joint venture partner.
Sydnes also served as president of Commodore International Services Corporation,
responsible for three families of personal computers -- the AMIGA 2, the
C64/C128, and IBM compatible systems. During his three-year tenure, the
corporation doubled its revenue, improved yields, reduced defects and improved
customer satisfaction.
A successful entrepreneur, Sydnes founded Systems, Networks and Peripherals,
Inc, to develop multiple operating systems and application programs. In five
years, the company`s revenue grew to $20 million before being acquired by a PC
peripheral firm.
Also key to his experience was 18 years at IBM as a business unit manager for
low-end systems where he helped define the base architecture for the IBM PC, XT,
AT and PCjr. He served on the original task force responsible for PC hardware
and software technical development, including the selection of Microsoft as both
an operating system and language vendor.
"Bill`s appointment adds a seasoned leader to our management team," said
Rutkowski. "He brings both large company and startup operating experience, with
deep expertise in imaging technologies and information technology. Poised as we
are to bring our first commercial product to market, his breadth of experience
will add depth to our team to help propel Microvision to the next stage in our
growth."
Sydnes noted he was particularly excited about helping Microvision solidify its
position as a market leader. "Microvision has every asset to take advantage of
the market opportunities it has so effectively identified. My job is to keep the
company focused on its target to successfully launch the Nomad(TM) augmented
vision Personal Display System, execute on our business plans and help drive us
towards superior service and profitability."
Sydnes received a B.S. from Florida Atlantic University, and is a graduate of
the IBM Executive Development Program at Cornell University. He has received
numerous IBM corporate awards for technical designs and for exceptional
performance in management.
BOTHELL, Wash., Jul 12, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today named technology veteran
William Sydnes as its first chief operating officer, reporting directly to CEO
Richard Rutkowski.
Sydnes brings to Microvision over 35 years of experience in business-to-business
applications and consumer technology with a demonstrated track record of
operational success. With control of the company`s day-to-day operations, Sydnes
oversees product development, sales and marketing, and human resources.
He most recently served as vice president, product development and operations
for SENSAR, Inc. a New Jersey-based firm that developed identification
technology that verifies the identification of an individual by utilizing the
unique patterns of the iris of an individual`s eye/s. In this role, Sydnes
developed three major products while staffing the organization with key managers
and technical personnel.
Prior to joining SENSAR, Sydnes served as president and CEO for Sarnoff Real
Time Corporation (SRTC), which developed a family of scaleable massively
parallel streaming servers. SRTC was sold to a joint venture partner.
Sydnes also served as president of Commodore International Services Corporation,
responsible for three families of personal computers -- the AMIGA 2, the
C64/C128, and IBM compatible systems. During his three-year tenure, the
corporation doubled its revenue, improved yields, reduced defects and improved
customer satisfaction.
A successful entrepreneur, Sydnes founded Systems, Networks and Peripherals,
Inc, to develop multiple operating systems and application programs. In five
years, the company`s revenue grew to $20 million before being acquired by a PC
peripheral firm.
Also key to his experience was 18 years at IBM as a business unit manager for
low-end systems where he helped define the base architecture for the IBM PC, XT,
AT and PCjr. He served on the original task force responsible for PC hardware
and software technical development, including the selection of Microsoft as both
an operating system and language vendor.
"Bill`s appointment adds a seasoned leader to our management team," said
Rutkowski. "He brings both large company and startup operating experience, with
deep expertise in imaging technologies and information technology. Poised as we
are to bring our first commercial product to market, his breadth of experience
will add depth to our team to help propel Microvision to the next stage in our
growth."
Sydnes noted he was particularly excited about helping Microvision solidify its
position as a market leader. "Microvision has every asset to take advantage of
the market opportunities it has so effectively identified. My job is to keep the
company focused on its target to successfully launch the Nomad(TM) augmented
vision Personal Display System, execute on our business plans and help drive us
towards superior service and profitability."
Sydnes received a B.S. from Florida Atlantic University, and is a graduate of
the IBM Executive Development Program at Cornell University. He has received
numerous IBM corporate awards for technical designs and for exceptional
performance in management.
Microvision Names Dr. V.G. Veeraraghavan as Vice President of Research And DevelopmentTechnology Veteran Brings 24 Years of Engineering and Operations Management Experience to R&D Group
BOTHELL, Wash., Jul 17, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today named technology veteran
V.G. Veeraraghavan, Ph.D., as vice president of research and development.
Veeraraghavan brings to Microvision over 24 years of experience in technology,
component and process engineering in advanced technologies management in such
areas as Micro Electro Mechanical Systems (MEMS) and laser and inkjet printers.
Veeraraghavan oversees all product development and engineering operations,
reporting directly to Bill Sydnes, who was named chief operating officer last
week.
Veeraraghavan most recently served as vice president business development for
Standard MEMS, a $30 million MEMS semiconductor fabrication, end-product
packaging and systems integration firm. Prior to that position, Veeraraghavan
was vice president of the company`s operations wafer foundry and responsible for
engineering and production of MEMS wafers.
Veeraraghavan also spent nine years in management positions at Lexmark
International Inc. a developer and manufacturer of novel color laser and inkjet
solutions. As manager of inkjet printhead solutions, he held profit and loss
responsibility for a $100 million operation, responsible for design, process
development and manufacture of critical sub-miniature printhead components. He
led a staff of 150 in the development and manufacture of electronics printed
circuit cards.
Also key to his experience was nine years at IBM. As director of the
microelectronics division, he evaluated new technologies with recommendations
for corporate investment. As chief architect, he consolidated the technology
development plan that carried a budget of $110 million.
"Veera brings solid engineering and management experience and expertise to our
management team," said Rick Rutkowski, Microvision CEO. "His unique talents, and
breadth and depth of experience make him an outstanding choice to lead
Microvision`s broad based technology and product development efforts."
Veeraraghavan noted he was particularly excited about joining Microvision at
this stage of its development. "Microvision has an exciting opportunity to
commercialize a revolutionary technology," he said. "With this highly talented
team, proven technology, and the market pull for our products, we have all the
elements of success coming together. I visualize an array of Microvision
products employing our core RSD and MEMS technologies becoming available
throughout the world."
Veeraraghavan received a bachelor`s degree in science from the University of
Madras (India) and a bachelor`s degree in metallurgy from the Indian Institute
of Science. He also holds a master`s degree and a doctorate in materials
engineering from Purdue University and a master`s in business administration
from the University of Kentucky.
BOTHELL, Wash., Jul 17, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today named technology veteran
V.G. Veeraraghavan, Ph.D., as vice president of research and development.
Veeraraghavan brings to Microvision over 24 years of experience in technology,
component and process engineering in advanced technologies management in such
areas as Micro Electro Mechanical Systems (MEMS) and laser and inkjet printers.
Veeraraghavan oversees all product development and engineering operations,
reporting directly to Bill Sydnes, who was named chief operating officer last
week.
Veeraraghavan most recently served as vice president business development for
Standard MEMS, a $30 million MEMS semiconductor fabrication, end-product
packaging and systems integration firm. Prior to that position, Veeraraghavan
was vice president of the company`s operations wafer foundry and responsible for
engineering and production of MEMS wafers.
Veeraraghavan also spent nine years in management positions at Lexmark
International Inc. a developer and manufacturer of novel color laser and inkjet
solutions. As manager of inkjet printhead solutions, he held profit and loss
responsibility for a $100 million operation, responsible for design, process
development and manufacture of critical sub-miniature printhead components. He
led a staff of 150 in the development and manufacture of electronics printed
circuit cards.
Also key to his experience was nine years at IBM. As director of the
microelectronics division, he evaluated new technologies with recommendations
for corporate investment. As chief architect, he consolidated the technology
development plan that carried a budget of $110 million.
"Veera brings solid engineering and management experience and expertise to our
management team," said Rick Rutkowski, Microvision CEO. "His unique talents, and
breadth and depth of experience make him an outstanding choice to lead
Microvision`s broad based technology and product development efforts."
Veeraraghavan noted he was particularly excited about joining Microvision at
this stage of its development. "Microvision has an exciting opportunity to
commercialize a revolutionary technology," he said. "With this highly talented
team, proven technology, and the market pull for our products, we have all the
elements of success coming together. I visualize an array of Microvision
products employing our core RSD and MEMS technologies becoming available
throughout the world."
Veeraraghavan received a bachelor`s degree in science from the University of
Madras (India) and a bachelor`s degree in metallurgy from the Indian Institute
of Science. He also holds a master`s degree and a doctorate in materials
engineering from Purdue University and a master`s in business administration
from the University of Kentucky.
07/16 4:46P (DJ) =DJ Microvision Expanding Markets For Retinal
Technology
By Paula L. Stepankowsky
Of DOW JONES NEWSWIRES
LONGVIEW, Wash. (Dow Jones)--Microvision Inc. (MVIS) is taking advantage of
technological advances to sell its optical display products beyond military
customers.
After a year of work, the Bothell, Wash., company has new devices in
development for the barcode, medical and auto markets. It should start to see
revenue from some of its new products early in 2002, Rick Rutkowski, president
and chief executive, said in an interview with Dow Jones Newswires.
"We`re creating a market," Rutkowski said. "We`re working with people who
will be able to help derive and develop applications."
Microvision`s retinal technology scans rows of pixels using a laser and a
small mirror, which is reflected onto the user`s retina. The wireless
computers are embedded in a variety of headsets, ranging from pilot helmets to
eyeglasses, and images appear as if on a full-size computer screen.
Microvision`s patented optical scanning technology can be used to read
barcodes or to see a full-size screen in a hand-held device.
Microvision`s retinal displays are also see-through, which differentiates
the company from other wearable-computer makers. In military, medical and
industrial applications, it is more efficient for information to be
superimposed on what the user sees rather than blocking part of the view with
a solid screen.
When Microvision first developed its retinal scanning technology, the U.S.
military was its biggest customer. In the second quarter, for example, it got
a $7.5 million contract extension from the Army to continue developing a
cockpit display system and a helmet system for use in attack and utility
helicopters...
In an effort to broaden its customer base, the company recently signed an
agreement with Stryker Leibinger, a division of Stryker Corp. (SYK), for a
customized version of its Nomad display. Stryker is creating a digital
platform for orthopedic surgery.
"Our display plugs into that and adds a whole new level of functionality,"
Rutkowski said.
The Mayo Clinic is also evaluating the Nomad system for medical applications
in cardiology, cancer treatment and anesthesiology, while the Baylor College
of Medicine in Houston is evaluating it for cardiac applications.
"Part of the strategy is to get these systems in the hands of surgeons
engaged in all areas of specialization," Rutkowski said.
Nomad, which can be used for medical, industrial and commercial
applications, will be introduced in late 2001. The company`s hand-held, low
cost Spectrum optical barcode scanner will be out in early 2002. Rutkowski
said Microvision`s barcode display is cheaper and more accurate than current
barcode displays. Microvision is also working on an optical technology that
could be used in a device like a flip cell phone. Users could look through a
small lens in the device and see a full-size screen.
Previously, the majority of Microvision`s revenue has come from military
applications.
"The revenue mix next year will change for the first time," said Rutkowski,
adding that he`s still comfortable with estimates that the company`s 2001
revenue will increase by 50% over last year`s $8.12 million...
New Display Systems Seen For Auto Industry Microvision`s diversification strategy also includes developing new
types of displays for cars, because daylight makes it difficult to read flat
panel displays, Rutkowski said. Microvision is working with the Ford Research
Laboratory to design and develop systems, including a daylight display and
some night vision imagery.
"There is a great deal of promise there," Rutkowski said, adding that it`s
likely autos wouldn`t carry the new technology until the 2005 model year.
Microvision is also working to develop extremely high-performance optical
network components with its Lumera Corp. subsidiary. Cisco Systems Inc. (CSCO)
is a partner in the venture and is also a potential customer for the devices
Lumera would build, Rutkowski said.
Current plans are for Lumera to have a product on the market in the second
half of 2002, he said.
Microvision raised $24 million to finance Lumera, which will contribute
about 45 cents a share to the company`s 2001 loss.
Rutkowski said he`s comfortable with analysts` estimates that Microvision
will lose a mean of 73 cents a share for the second quarter and a mean of
$2.97 for the year.
In the 2000 second quarter, the company lost 60 cents a share. For the year,
it had a loss of $26.6 million, or $2.33 a share, with Lumera contributing
$2.4 million, or 21 cents a share to the total. Revenue was $8.12 million.
Microvision had $54.1 million in working capital at the end of the first
quarter, an amount that likely won`t see the company through to profitability
given the research and development spending needed for Lumera and other
technologies.
"We`ll probably be looking at going to the market at some point," Rutkowski
said.
He said the company has given no official guidance about when it will turn
profitable.
"The analysts range from 2003 to 2004, and those are all reasonable
scenarios," Rutkowski said.
Technology
By Paula L. Stepankowsky
Of DOW JONES NEWSWIRES
LONGVIEW, Wash. (Dow Jones)--Microvision Inc. (MVIS) is taking advantage of
technological advances to sell its optical display products beyond military
customers.
After a year of work, the Bothell, Wash., company has new devices in
development for the barcode, medical and auto markets. It should start to see
revenue from some of its new products early in 2002, Rick Rutkowski, president
and chief executive, said in an interview with Dow Jones Newswires.
"We`re creating a market," Rutkowski said. "We`re working with people who
will be able to help derive and develop applications."
Microvision`s retinal technology scans rows of pixels using a laser and a
small mirror, which is reflected onto the user`s retina. The wireless
computers are embedded in a variety of headsets, ranging from pilot helmets to
eyeglasses, and images appear as if on a full-size computer screen.
Microvision`s patented optical scanning technology can be used to read
barcodes or to see a full-size screen in a hand-held device.
Microvision`s retinal displays are also see-through, which differentiates
the company from other wearable-computer makers. In military, medical and
industrial applications, it is more efficient for information to be
superimposed on what the user sees rather than blocking part of the view with
a solid screen.
When Microvision first developed its retinal scanning technology, the U.S.
military was its biggest customer. In the second quarter, for example, it got
a $7.5 million contract extension from the Army to continue developing a
cockpit display system and a helmet system for use in attack and utility
helicopters...
In an effort to broaden its customer base, the company recently signed an
agreement with Stryker Leibinger, a division of Stryker Corp. (SYK), for a
customized version of its Nomad display. Stryker is creating a digital
platform for orthopedic surgery.
"Our display plugs into that and adds a whole new level of functionality,"
Rutkowski said.
The Mayo Clinic is also evaluating the Nomad system for medical applications
in cardiology, cancer treatment and anesthesiology, while the Baylor College
of Medicine in Houston is evaluating it for cardiac applications.
"Part of the strategy is to get these systems in the hands of surgeons
engaged in all areas of specialization," Rutkowski said.
Nomad, which can be used for medical, industrial and commercial
applications, will be introduced in late 2001. The company`s hand-held, low
cost Spectrum optical barcode scanner will be out in early 2002. Rutkowski
said Microvision`s barcode display is cheaper and more accurate than current
barcode displays. Microvision is also working on an optical technology that
could be used in a device like a flip cell phone. Users could look through a
small lens in the device and see a full-size screen.
Previously, the majority of Microvision`s revenue has come from military
applications.
"The revenue mix next year will change for the first time," said Rutkowski,
adding that he`s still comfortable with estimates that the company`s 2001
revenue will increase by 50% over last year`s $8.12 million...
New Display Systems Seen For Auto Industry Microvision`s diversification strategy also includes developing new
types of displays for cars, because daylight makes it difficult to read flat
panel displays, Rutkowski said. Microvision is working with the Ford Research
Laboratory to design and develop systems, including a daylight display and
some night vision imagery.
"There is a great deal of promise there," Rutkowski said, adding that it`s
likely autos wouldn`t carry the new technology until the 2005 model year.
Microvision is also working to develop extremely high-performance optical
network components with its Lumera Corp. subsidiary. Cisco Systems Inc. (CSCO)
is a partner in the venture and is also a potential customer for the devices
Lumera would build, Rutkowski said.
Current plans are for Lumera to have a product on the market in the second
half of 2002, he said.
Microvision raised $24 million to finance Lumera, which will contribute
about 45 cents a share to the company`s 2001 loss.
Rutkowski said he`s comfortable with analysts` estimates that Microvision
will lose a mean of 73 cents a share for the second quarter and a mean of
$2.97 for the year.
In the 2000 second quarter, the company lost 60 cents a share. For the year,
it had a loss of $26.6 million, or $2.33 a share, with Lumera contributing
$2.4 million, or 21 cents a share to the total. Revenue was $8.12 million.
Microvision had $54.1 million in working capital at the end of the first
quarter, an amount that likely won`t see the company through to profitability
given the research and development spending needed for Lumera and other
technologies.
"We`ll probably be looking at going to the market at some point," Rutkowski
said.
He said the company has given no official guidance about when it will turn
profitable.
"The analysts range from 2003 to 2004, and those are all reasonable
scenarios," Rutkowski said.
--------------------------------------------------------------------------------
Microvision See-Through Display Improves Pilot `Head-Up` Time by 50 PercentFlight Tests Show Nomad Augmented Vision Technology Dramatically Improves Pilot Awareness and Safety
BOTHELL, Wash., Jul 19, 2001 /PRNewswire via COMTEX/ -- A recent series of
flight tests conducted by Microvision (Nasdaq: MVIS) and AvroTec showed that
general aviation pilots using the prototype Nomad(TM) Personal Display System
increased their time spent looking out of the cockpit by as much as 50 percent,
dramatically improving flight safety and pilot awareness.
Wearing the head up Nomad display, test pilots were provided the critical flight
information for positional and navigational awareness -- a benefit that kept
their attention focused on flying the plane. The test results make a strong case
that the augmented vision system enhances pilot safety and situational
awareness.
"A pilot`s capability to see all around the sky is crucial for safe flying,"
noted Steve Whiston, Microvision`s marketing manager for defense and aerospace.
"Using the Nomad system not only improves safety, but the sheer joy of flying as
well. A safe and enjoyable flight comes from looking out the window at the world
going by, not looking down at maps or constantly scanning the display panel for
routine data."
Pilots spend up to 40 percent of their flight time with their eyes inside the
cockpit -- a potentially dangerous situation.
"Most accidents start because the pilot has become distracted, looking at charts
or somewhere other than out of the cockpit," explained Chuck Inmon, test pilot
and CEO of AvroTec. "With this system, my attention is focused on flying but I
can still see my airspeed, moving map and other key indicators."
In the trials, pilots used a cockpit visualization system built around the Nomad
augmented vision display hardware and AvroTec`s moving map display software,
which superimposed flight information on the external view out of the cockpit.
With more time focused outside the cockpit, the pilot`s situational awareness,
confidence, and safety were enhanced.
Tests show Nomad`s impact on pilot`s "60-30-10" scenario
In general aviation, most pilots find that 60 percent of their attention is
spent looking out the cockpit; 30 percent looking down at navigation displays or
at maps; and 10 percent engaged in radio time and other tasks.
Microvision See-Through Display Improves Pilot `Head-Up` Time by 50 PercentFlight Tests Show Nomad Augmented Vision Technology Dramatically Improves Pilot Awareness and Safety
BOTHELL, Wash., Jul 19, 2001 /PRNewswire via COMTEX/ -- A recent series of
flight tests conducted by Microvision (Nasdaq: MVIS) and AvroTec showed that
general aviation pilots using the prototype Nomad(TM) Personal Display System
increased their time spent looking out of the cockpit by as much as 50 percent,
dramatically improving flight safety and pilot awareness.
Wearing the head up Nomad display, test pilots were provided the critical flight
information for positional and navigational awareness -- a benefit that kept
their attention focused on flying the plane. The test results make a strong case
that the augmented vision system enhances pilot safety and situational
awareness.
"A pilot`s capability to see all around the sky is crucial for safe flying,"
noted Steve Whiston, Microvision`s marketing manager for defense and aerospace.
"Using the Nomad system not only improves safety, but the sheer joy of flying as
well. A safe and enjoyable flight comes from looking out the window at the world
going by, not looking down at maps or constantly scanning the display panel for
routine data."
Pilots spend up to 40 percent of their flight time with their eyes inside the
cockpit -- a potentially dangerous situation.
"Most accidents start because the pilot has become distracted, looking at charts
or somewhere other than out of the cockpit," explained Chuck Inmon, test pilot
and CEO of AvroTec. "With this system, my attention is focused on flying but I
can still see my airspeed, moving map and other key indicators."
In the trials, pilots used a cockpit visualization system built around the Nomad
augmented vision display hardware and AvroTec`s moving map display software,
which superimposed flight information on the external view out of the cockpit.
With more time focused outside the cockpit, the pilot`s situational awareness,
confidence, and safety were enhanced.
Tests show Nomad`s impact on pilot`s "60-30-10" scenario
In general aviation, most pilots find that 60 percent of their attention is
spent looking out the cockpit; 30 percent looking down at navigation displays or
at maps; and 10 percent engaged in radio time and other tasks.
@michael,
was hälst du von diesem Bericht:
Brille ersetzt PC-Bildschirm
Von Edgar Lange, Handelsblatt
In eine Videobrille integrierte Displays bringen Fernsehbilder oder digitale Informationen vom mobilen PC direkt vors Auge. Und neueste Entwicklungen transportieren die Bilder direkt per Laserstahl auf die Netzhaut.
DÜSSELDORF. Bilder direkt ins menschliche Auge zu schicken, das ist jetzt dem Washingtoner Unternehmen Microvision gelungen. Beim Virtual-Retinal-Display „Nomad“ wird das Auge gleich selbst zur Leinwand: Kleine Bildprojektoren auf einem brillenartigen Gestell projizieren Monitorbilder mit extrem schwachen Laserstrahlen detailgenau auf die Netzhaut des Auges. Die europäische Flugsicherung Eurocontrol testete das Protomodell schon, um Fluglotsen einen besseren Überblick zu verschaffen.
Bei den bisherigen Mini-Bildschirm-Systemen sind die daumengroßen Displays noch in die Brille integriert. Dank eines ausgeklügelten Prismensystems lassen sich dabei PC-, Fernseh- oder Videobilder direkt vor das Auge spiegeln. Dabei entsteht der Eindruck, als säße man im Großraumkino und würde auf eine 1,30 Meter breite Filmleinwand in zwei Metern Entfernung blicken. Muteten die klobigen Datenhelme bis vor kurzem noch recht futuristisch an, so sind die neuartigen Multimedia-Brillen heute kaum noch größer und schwerer als Sonnenbrillen.
Brille statt Fernseher
Die „Formel 1 im Garten“ oder das „Kino im Bett“ verspricht etwa die Werbung für die Serienbrille Eye-Trek des Optikriesen Olympus, die man auch als Multimedia-Brille für Sonys Playstation 2 einsetzen kann. Schon jetzt können First-Class-Passagiere von Japan-Airlines auf Überseeflügen per Eye-Trek ungestört Videos und Kinofilme genießen. Auch Zahnärzte nutzen die Olympusbrillen schon, um ihre Patienten während der anstrengenden Behandlung mit entspannenden DVD-Filmen zu berieseln. „Die eigentliche Behandlung rückt so in den Hintergrund und der Patient behält den Zahnarztbesuch in angenehmer Erinnerung“, sagt etwa Zahnarzt Volker Zimmermann.
Ebenfalls schon im Handel ist „Private Eye“ der US-Firma Reflection Technology sowie Sonys Multimedia-Brille Glasstron. Bei Preisen von mehreren Tausend Mark wollen die Hersteller aus Fernost allerdings noch nicht den Massenmarkt bedienen. Künftig sehen Experten die Brillendisplays aber gerade als Ersatz für die Zwergenbildschirme der UMTS-Handys, Organizer und PDA. Dank Datenbrille könnten die mobilen Elektronikgeräte zukünftig nicht nur wesentlich kleiner und leichter werden, sondern wegen des geringeren Energieverbrauches auch viel länger netzunabhängig arbeiten.
Unterschiede kaum mehr zu erkennen
Wesentlich unauffälliger als die Fernost-Modelle ist die erst in kleinen Stückzahlen verfügbare Cyberbrille der US-Firma MicroOptical: Nur wer genau hinsieht, erkennt noch die Unterschiede zu einer herkömmlichen Sehhilfe. Das Clip-on-Display wird einfach auf ein handelsübliches Brillengestell geklemmt. Trotz Bildeinblendung kann der Betrachter weiter durch seine normale Brille schauen. Dank Bluetooth wird demnächst wohl bald auch das lästiger Kabel zwischen Brille und Computer verschwinden.
Auch Ärzte werden sich demnächst wohl einfach einen Monitor aufsetzen. So könnte etwa ein Chirurg das Operationsfeld im Blick behalten und zugleich unablässig Körperfunktionen oder das Röntgenbild des Patienten in seine Brille einspiegeln. Auch den Wartungstechnikern soll der Griff zur Datenbrille das Leben leichter machen. Per PC, Internet und Daten-Funkübertragung werden Wartungsanleitungen in das Sichtfeld der Videobrille eingeblendet.
BMW will künftig den Motorradfahrern sogar das Kartenlesen beim Fahren erleichtern: Per Bluetooth sollen Navigations- und Verkehrshinweise drahtlos auf eine spezielle „Infoeye“-Brille im Helm übertragen werden, so dass der Blick nicht mehr von der Straße abgewendet werden braucht.
Peinlichkeiten können vermieden werden
Noch weiter denken die Wissenschaftler am Bostoner MIT-Institut: Forscher Thad Starner trägt heute schon ständig eine Brille, deren linkes Glas von einem Mini-Bildschirm verdeckt ist. Mittels einer angeschlossenen kleinen Kamera erkennt ein elektronisches Gedächtnis die Gesichter von Besuchern und blendet ihm Namen und wichtige Daten in seine Brille ein. „Damit ist endlich Schluss mit der Peinlichkeit, einen Bekannten zu treffen, an dessen Namen man sich nicht mehr erinnert“, heißt es im MIT.
was hälst du von diesem Bericht:
Brille ersetzt PC-Bildschirm
Von Edgar Lange, Handelsblatt
In eine Videobrille integrierte Displays bringen Fernsehbilder oder digitale Informationen vom mobilen PC direkt vors Auge. Und neueste Entwicklungen transportieren die Bilder direkt per Laserstahl auf die Netzhaut.
DÜSSELDORF. Bilder direkt ins menschliche Auge zu schicken, das ist jetzt dem Washingtoner Unternehmen Microvision gelungen. Beim Virtual-Retinal-Display „Nomad“ wird das Auge gleich selbst zur Leinwand: Kleine Bildprojektoren auf einem brillenartigen Gestell projizieren Monitorbilder mit extrem schwachen Laserstrahlen detailgenau auf die Netzhaut des Auges. Die europäische Flugsicherung Eurocontrol testete das Protomodell schon, um Fluglotsen einen besseren Überblick zu verschaffen.
Bei den bisherigen Mini-Bildschirm-Systemen sind die daumengroßen Displays noch in die Brille integriert. Dank eines ausgeklügelten Prismensystems lassen sich dabei PC-, Fernseh- oder Videobilder direkt vor das Auge spiegeln. Dabei entsteht der Eindruck, als säße man im Großraumkino und würde auf eine 1,30 Meter breite Filmleinwand in zwei Metern Entfernung blicken. Muteten die klobigen Datenhelme bis vor kurzem noch recht futuristisch an, so sind die neuartigen Multimedia-Brillen heute kaum noch größer und schwerer als Sonnenbrillen.
Brille statt Fernseher
Die „Formel 1 im Garten“ oder das „Kino im Bett“ verspricht etwa die Werbung für die Serienbrille Eye-Trek des Optikriesen Olympus, die man auch als Multimedia-Brille für Sonys Playstation 2 einsetzen kann. Schon jetzt können First-Class-Passagiere von Japan-Airlines auf Überseeflügen per Eye-Trek ungestört Videos und Kinofilme genießen. Auch Zahnärzte nutzen die Olympusbrillen schon, um ihre Patienten während der anstrengenden Behandlung mit entspannenden DVD-Filmen zu berieseln. „Die eigentliche Behandlung rückt so in den Hintergrund und der Patient behält den Zahnarztbesuch in angenehmer Erinnerung“, sagt etwa Zahnarzt Volker Zimmermann.
Ebenfalls schon im Handel ist „Private Eye“ der US-Firma Reflection Technology sowie Sonys Multimedia-Brille Glasstron. Bei Preisen von mehreren Tausend Mark wollen die Hersteller aus Fernost allerdings noch nicht den Massenmarkt bedienen. Künftig sehen Experten die Brillendisplays aber gerade als Ersatz für die Zwergenbildschirme der UMTS-Handys, Organizer und PDA. Dank Datenbrille könnten die mobilen Elektronikgeräte zukünftig nicht nur wesentlich kleiner und leichter werden, sondern wegen des geringeren Energieverbrauches auch viel länger netzunabhängig arbeiten.
Unterschiede kaum mehr zu erkennen
Wesentlich unauffälliger als die Fernost-Modelle ist die erst in kleinen Stückzahlen verfügbare Cyberbrille der US-Firma MicroOptical: Nur wer genau hinsieht, erkennt noch die Unterschiede zu einer herkömmlichen Sehhilfe. Das Clip-on-Display wird einfach auf ein handelsübliches Brillengestell geklemmt. Trotz Bildeinblendung kann der Betrachter weiter durch seine normale Brille schauen. Dank Bluetooth wird demnächst wohl bald auch das lästiger Kabel zwischen Brille und Computer verschwinden.
Auch Ärzte werden sich demnächst wohl einfach einen Monitor aufsetzen. So könnte etwa ein Chirurg das Operationsfeld im Blick behalten und zugleich unablässig Körperfunktionen oder das Röntgenbild des Patienten in seine Brille einspiegeln. Auch den Wartungstechnikern soll der Griff zur Datenbrille das Leben leichter machen. Per PC, Internet und Daten-Funkübertragung werden Wartungsanleitungen in das Sichtfeld der Videobrille eingeblendet.
BMW will künftig den Motorradfahrern sogar das Kartenlesen beim Fahren erleichtern: Per Bluetooth sollen Navigations- und Verkehrshinweise drahtlos auf eine spezielle „Infoeye“-Brille im Helm übertragen werden, so dass der Blick nicht mehr von der Straße abgewendet werden braucht.
Peinlichkeiten können vermieden werden
Noch weiter denken die Wissenschaftler am Bostoner MIT-Institut: Forscher Thad Starner trägt heute schon ständig eine Brille, deren linkes Glas von einem Mini-Bildschirm verdeckt ist. Mittels einer angeschlossenen kleinen Kamera erkennt ein elektronisches Gedächtnis die Gesichter von Besuchern und blendet ihm Namen und wichtige Daten in seine Brille ein. „Damit ist endlich Schluss mit der Peinlichkeit, einen Bekannten zu treffen, an dessen Namen man sich nicht mehr erinnert“, heißt es im MIT.
Related Quotes
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Tuesday July 31, 6:45 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Reports Second Quarter Results
Second Quarter Milestones Include $7.5 Million Contract Award by U.S. Army; Delivery of Spectrum(TM) Display Prototype to a Commercial Customer; And Continued Successful Field Trials for Nomad(TM)
BOTHELL, Wash., July 31 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), a leader in light scanning technologies, today reported results for the second quarter of 2001.
Quarterly results
For the three months ended June 30, 2001, Microvision reported a consolidated net loss of $8.6 million or $.72 per share compared to a net loss of $6.9 million or $.60 per share for the same period in 2000. Revenue for the second quarter of 2001 was $1.8 million compared to $1.2 million for the same period in 2000. For the six months ended June 30, 2001, the company reported a consolidated net loss of $18.8 million or $1.57 per share compared to a net loss of $12.0 million or $1.09 per share for the same period in 2000. Revenue for the six months ended June 30, 2001 was $4.1 million compared to $3.3 million for the same period in 2000. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and six months ended June 30, 2001, the portion of the consolidated loss attributable to Lumera was $265,000 or $.02 per share and $2.6 million or $.21 per share, respectively.
The company, including Lumera, ended the second quarter with $42.8 million in cash, cash equivalents and investment securities and a contract backlog of $7.9 million.
``We are very pleased with the financial results for the second quarter and the first half of 2001, both of which compare favorably with last year`s results in these same periods,`` said Microvision President and CEO, Rick Rutkowski. ``While our billings during the second quarter were slightly below our objectives, our current contract backlog is quite substantial, and we have a plan in place to ``catch up`` during the next two quarters to keep us on track for the year. Early in the second quarter we were awarded a $7.5 million contract by the U.S. Army to continue our work with Boeing on the Virtual Cockpit Optimization (VCOP) and Aircrew Integrated Helmet System (AIHS) Progams, and we anticipate the award of one or more additional development contracts during the current period. We have made substantial progress during the quarter against a number of key technical objectives, including those relating to the commercial production of our Nomad display product and our barcode scanning product. We also expect to report soon on the achievement of key technical milestones relating to our contracted development and the development of key component technologies. We have announced new partnerships with clinical partners, begun a collaborative effort with Ford Motor Company towards the development of a unique laser-scanning head-up display for automotive applications, and delivered the first of our groundbreaking Spectrum displays to the Cleveland Clinic. Reactions to the Spectrum display have been outstanding, and we are enthusiastic about the potential for significant new business opportunities relating to this platform. We continue to be delighted with the data coming out of field trials of our wearable display that quantify the significant performance and productivity gains achieved through the Nomad display system`s ability to deliver information to `the point of task.` We are looking forward to results of additional trials in a variety of application areas and to establishing additional relationships with distribution and application partners as we prepare for the launch of the Nomad product.``
Quarterly highlights
During the second quarter, Microvision announced the award of an additional $7.5 million contract extension from the U.S. Army to continue development on the Virtual Cockpit Optimization Program (VCOP) and expand the Aircrew Integrated Helmet System (AIHS) for use in attack and utility helicopters. This represents the third year in a row the U.S. Army has extended Microvision`s contract for work on this program.
The company also delivered a prototype Spectrum display unit, the company`s full color, daylight readable, see-through display unit, to the Cleveland Clinic Foundation. The Cleveland Clinic, Microvision`s first customer for Spectrum, will focus on developing and evaluating applications in an operating room environment.
The company announced successful field trials with its Nomad Personal Display System. Microvision teamed with AvroTech to conduct the first private pilot flight test evaluation of Nomad. Microvision`s heads-up display technology, combined with AvroTech`s moving map display software, enabled pilots to increase their time looking out of the cockpit by as much as 50%, dramatically improving flight safety and pilot awareness. In addition, mechanics from the American Medical Response Ambulance used Nomad coupled with a voice-activated graphic user interface software provided by Tangis Corporation, to create a voice activated electronic maintenance manual that enabled repair and maintenance time on their ambulance fleet to be reduced by almost 70%.
Microvision also announced that it will collaborate with Ford Research Laboratory on the design and development of next generation display systems for automotive use. Using Microvision`s light scanning display, the companies will work together to design a display system that will allow the driver to view transparent images for daytime navigation information as well as night vision imagery by projecting the images off the windshield. In addition, Microvision successfully demonstrated a small rear-projection display that is daylight-readable and that has several potential applications in automobiles, including a driver information center and reconfigurable instrument panel.
Subsequent events
Following the end of the quarter, Microvision announced two key management additions. Bill Sydnes was named Chief Operating Officer and will lead the company`s effort in sales and marketing, product development, and manufacturing. Dr. V.G. Veeraraghavan, who joins the company as Vice President of Research and Product Development, will be responsible for all product development and engineering operations.
Conference Call
Microvision`s will host a conference call to discuss its second quarter financial results at 8:00 a.m. PT today. Participants may join the conference call by dialing 800-231-9012 ten minutes prior to the start of the conference. The confirmation code is 725497. Additionally, the conference will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through midnight August 6, 2001 and can be accessed by dialing 888-203-1112. The confirmation code is 725497.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the proprietary Retinal Scanning Display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s Web site at http://www.mvis.com .
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company plans to deliver superior and unique component solutions to optical systems suppliers. Lumera plans to supply standard and custom components to systems providers in multiple high-growth product categories. Additional information can be found at Lumera`s Web site at http://www.lumera.com .
Forward-Looking Statements Disclaimer
Certain statements contained in this release, including projections of revenues, income, expenses, and loss, plans for product development, future operations, and financing needs or plans, as well as statements containing words like ``believe,`` ``anticipate,`` ``estimate,`` ``intend,`` ``seek,`` ``expect,`` and other similar expressions, 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: market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company`s SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2000 and its Quarterly Reports on Form 10-Q.
Microvision, Inc.
Consolidated Balance Sheet
(In thousands)
June 30, Dec. 31,
2001 2000
(unaudited)
Assets
Current Assets
Cash and cash equivalents $8,811 $7,307
Investment securities, available-for-sale 34,036 33,410
Accounts receivable, net 614 1,033
Costs and estimated earnings in excess of
billings on uncompleted contracts 982 2,116
Current restricted investments -- 1,125
Other current assets 3,513 976
Total current assets 47,956 45,967
Long-term investment, at cost 624 624
Property and equipment, net 9,098 7,516
Restricted investments 903 951
Receivables from related parties 1,620 1,000
Other assets 1,835 114
Total assets $62,036 $56,172
Liabilities and Shareholders` Equity
Current Liabilities
Accounts payable $1,442 $1,974
Accrued liabilities 3,337 2,359
Allowance for estimated contract losses 155 295
Billings in excess of costs and estimated
earnings on uncompleted contracts 46 419
Current portion of capital lease obligations 241 317
Current portion of long-term debt 55 52
Total current liabilities 5,276 5,416
Capital lease obligations, net of current
portion 134 182
Long-term debt, net of current portion 262 290
Deferred rent, net of current portion 250 242
Total liabilities 5,922 6,130
Commitments and contingencies -- --
Minority interest 18,568 --
Shareholders` Equity
Common stock 125,995 120,506
Deferred compensation (3,889) (4,378)
Subscriptions receivable from related
parties (323) (403)
Accumulated other comprehensive income 688 454
Accumulated deficit (84,925) (66,137)
Total shareholders` equity 37,546 50,042
Total liabilities and shareholders`
equity $62,036 $56,172
Microvision, Inc.
Consolidated Statement of Operations
(In thousands, except earnings per share data)
Three months ended Six months ended
June 30, June 30,
2001 2000 2001 2000
(unaudited) (unaudited)
Revenue $1,772 $1,176 $4,109 $3,286
Cost of revenue 1,081 884 2,643 2,352
Gross margin 691 292 1,466 934
Research and development
expense 8,285 4,522 16,352 8,119
Marketing, general and
administrative expense 3,303 2,999 7,004 5,339
Non-cash compensation expense 514 516 976 670
Total operating expenses 12,102 8,037 24,332 14,128
Loss from operations (11,411) (7,745) (22,866) (13,194)
Interest income 723 844 1,429 1,296
Interest expense (21) (31) (45) (108)
Loss before minority
interests (10,709) (6,932) (21,482) (12,006)
Minority interests in loss
of consolidated subsidiary 2,142 -- 2,696 --
Net loss $(8,567) $(6,932) $(18,786) $(12,006)
Net loss per share before
non-cash compensation expense $(0.68) $(0.56) $(1.49) $(1.03)
Non-cash compensation expense (0.04) (0.04) (0.08) (0.06)
Net loss per share - basic
and diluted $(0.72) $(0.60) $(1.57) $(1.09)
Weighted-average shares
outstanding - basic and
diluted 11,974 11,531 11,945 11,000
SOURCE: Microvision, Inc.
MVIS
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+0.00
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Tuesday July 31, 6:45 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Reports Second Quarter Results
Second Quarter Milestones Include $7.5 Million Contract Award by U.S. Army; Delivery of Spectrum(TM) Display Prototype to a Commercial Customer; And Continued Successful Field Trials for Nomad(TM)
BOTHELL, Wash., July 31 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS - news), a leader in light scanning technologies, today reported results for the second quarter of 2001.
Quarterly results
For the three months ended June 30, 2001, Microvision reported a consolidated net loss of $8.6 million or $.72 per share compared to a net loss of $6.9 million or $.60 per share for the same period in 2000. Revenue for the second quarter of 2001 was $1.8 million compared to $1.2 million for the same period in 2000. For the six months ended June 30, 2001, the company reported a consolidated net loss of $18.8 million or $1.57 per share compared to a net loss of $12.0 million or $1.09 per share for the same period in 2000. Revenue for the six months ended June 30, 2001 was $4.1 million compared to $3.3 million for the same period in 2000. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and six months ended June 30, 2001, the portion of the consolidated loss attributable to Lumera was $265,000 or $.02 per share and $2.6 million or $.21 per share, respectively.
The company, including Lumera, ended the second quarter with $42.8 million in cash, cash equivalents and investment securities and a contract backlog of $7.9 million.
``We are very pleased with the financial results for the second quarter and the first half of 2001, both of which compare favorably with last year`s results in these same periods,`` said Microvision President and CEO, Rick Rutkowski. ``While our billings during the second quarter were slightly below our objectives, our current contract backlog is quite substantial, and we have a plan in place to ``catch up`` during the next two quarters to keep us on track for the year. Early in the second quarter we were awarded a $7.5 million contract by the U.S. Army to continue our work with Boeing on the Virtual Cockpit Optimization (VCOP) and Aircrew Integrated Helmet System (AIHS) Progams, and we anticipate the award of one or more additional development contracts during the current period. We have made substantial progress during the quarter against a number of key technical objectives, including those relating to the commercial production of our Nomad display product and our barcode scanning product. We also expect to report soon on the achievement of key technical milestones relating to our contracted development and the development of key component technologies. We have announced new partnerships with clinical partners, begun a collaborative effort with Ford Motor Company towards the development of a unique laser-scanning head-up display for automotive applications, and delivered the first of our groundbreaking Spectrum displays to the Cleveland Clinic. Reactions to the Spectrum display have been outstanding, and we are enthusiastic about the potential for significant new business opportunities relating to this platform. We continue to be delighted with the data coming out of field trials of our wearable display that quantify the significant performance and productivity gains achieved through the Nomad display system`s ability to deliver information to `the point of task.` We are looking forward to results of additional trials in a variety of application areas and to establishing additional relationships with distribution and application partners as we prepare for the launch of the Nomad product.``
Quarterly highlights
During the second quarter, Microvision announced the award of an additional $7.5 million contract extension from the U.S. Army to continue development on the Virtual Cockpit Optimization Program (VCOP) and expand the Aircrew Integrated Helmet System (AIHS) for use in attack and utility helicopters. This represents the third year in a row the U.S. Army has extended Microvision`s contract for work on this program.
The company also delivered a prototype Spectrum display unit, the company`s full color, daylight readable, see-through display unit, to the Cleveland Clinic Foundation. The Cleveland Clinic, Microvision`s first customer for Spectrum, will focus on developing and evaluating applications in an operating room environment.
The company announced successful field trials with its Nomad Personal Display System. Microvision teamed with AvroTech to conduct the first private pilot flight test evaluation of Nomad. Microvision`s heads-up display technology, combined with AvroTech`s moving map display software, enabled pilots to increase their time looking out of the cockpit by as much as 50%, dramatically improving flight safety and pilot awareness. In addition, mechanics from the American Medical Response Ambulance used Nomad coupled with a voice-activated graphic user interface software provided by Tangis Corporation, to create a voice activated electronic maintenance manual that enabled repair and maintenance time on their ambulance fleet to be reduced by almost 70%.
Microvision also announced that it will collaborate with Ford Research Laboratory on the design and development of next generation display systems for automotive use. Using Microvision`s light scanning display, the companies will work together to design a display system that will allow the driver to view transparent images for daytime navigation information as well as night vision imagery by projecting the images off the windshield. In addition, Microvision successfully demonstrated a small rear-projection display that is daylight-readable and that has several potential applications in automobiles, including a driver information center and reconfigurable instrument panel.
Subsequent events
Following the end of the quarter, Microvision announced two key management additions. Bill Sydnes was named Chief Operating Officer and will lead the company`s effort in sales and marketing, product development, and manufacturing. Dr. V.G. Veeraraghavan, who joins the company as Vice President of Research and Product Development, will be responsible for all product development and engineering operations.
Conference Call
Microvision`s will host a conference call to discuss its second quarter financial results at 8:00 a.m. PT today. Participants may join the conference call by dialing 800-231-9012 ten minutes prior to the start of the conference. The confirmation code is 725497. Additionally, the conference will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through midnight August 6, 2001 and can be accessed by dialing 888-203-1112. The confirmation code is 725497.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the proprietary Retinal Scanning Display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s Web site at http://www.mvis.com .
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company plans to deliver superior and unique component solutions to optical systems suppliers. Lumera plans to supply standard and custom components to systems providers in multiple high-growth product categories. Additional information can be found at Lumera`s Web site at http://www.lumera.com .
Forward-Looking Statements Disclaimer
Certain statements contained in this release, including projections of revenues, income, expenses, and loss, plans for product development, future operations, and financing needs or plans, as well as statements containing words like ``believe,`` ``anticipate,`` ``estimate,`` ``intend,`` ``seek,`` ``expect,`` and other similar expressions, 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: market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company`s SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2000 and its Quarterly Reports on Form 10-Q.
Microvision, Inc.
Consolidated Balance Sheet
(In thousands)
June 30, Dec. 31,
2001 2000
(unaudited)
Assets
Current Assets
Cash and cash equivalents $8,811 $7,307
Investment securities, available-for-sale 34,036 33,410
Accounts receivable, net 614 1,033
Costs and estimated earnings in excess of
billings on uncompleted contracts 982 2,116
Current restricted investments -- 1,125
Other current assets 3,513 976
Total current assets 47,956 45,967
Long-term investment, at cost 624 624
Property and equipment, net 9,098 7,516
Restricted investments 903 951
Receivables from related parties 1,620 1,000
Other assets 1,835 114
Total assets $62,036 $56,172
Liabilities and Shareholders` Equity
Current Liabilities
Accounts payable $1,442 $1,974
Accrued liabilities 3,337 2,359
Allowance for estimated contract losses 155 295
Billings in excess of costs and estimated
earnings on uncompleted contracts 46 419
Current portion of capital lease obligations 241 317
Current portion of long-term debt 55 52
Total current liabilities 5,276 5,416
Capital lease obligations, net of current
portion 134 182
Long-term debt, net of current portion 262 290
Deferred rent, net of current portion 250 242
Total liabilities 5,922 6,130
Commitments and contingencies -- --
Minority interest 18,568 --
Shareholders` Equity
Common stock 125,995 120,506
Deferred compensation (3,889) (4,378)
Subscriptions receivable from related
parties (323) (403)
Accumulated other comprehensive income 688 454
Accumulated deficit (84,925) (66,137)
Total shareholders` equity 37,546 50,042
Total liabilities and shareholders`
equity $62,036 $56,172
Microvision, Inc.
Consolidated Statement of Operations
(In thousands, except earnings per share data)
Three months ended Six months ended
June 30, June 30,
2001 2000 2001 2000
(unaudited) (unaudited)
Revenue $1,772 $1,176 $4,109 $3,286
Cost of revenue 1,081 884 2,643 2,352
Gross margin 691 292 1,466 934
Research and development
expense 8,285 4,522 16,352 8,119
Marketing, general and
administrative expense 3,303 2,999 7,004 5,339
Non-cash compensation expense 514 516 976 670
Total operating expenses 12,102 8,037 24,332 14,128
Loss from operations (11,411) (7,745) (22,866) (13,194)
Interest income 723 844 1,429 1,296
Interest expense (21) (31) (45) (108)
Loss before minority
interests (10,709) (6,932) (21,482) (12,006)
Minority interests in loss
of consolidated subsidiary 2,142 -- 2,696 --
Net loss $(8,567) $(6,932) $(18,786) $(12,006)
Net loss per share before
non-cash compensation expense $(0.68) $(0.56) $(1.49) $(1.03)
Non-cash compensation expense (0.04) (0.04) (0.08) (0.06)
Net loss per share - basic
and diluted $(0.72) $(0.60) $(1.57) $(1.09)
Weighted-average shares
outstanding - basic and
diluted 11,974 11,531 11,945 11,000
SOURCE: Microvision, Inc.
Microvision Loss Widens, Surpasses Mark
New York, Jul 31, 2001 (123Jump via COMTEX) -- Microvision Inc. (MVIS), a
leading light-scanning technology company, recorded a second-quarter loss that
was a cent narrower than analysts` 2001 forecast.
Microvision said its consolidated net loss widened to $8.6 million, or 72 cents
per share, compared with $6.9 million, or 60 cents per share in the year-ago
second quarter.
Revenue for the three months ended June 30, 2001, totaled $1.8 million, up 50%
from $1.2 million a year earlier.
For the six months ended June 30, Microvision lost $18.8 million, or 1.57 per
share, on sales of $4.1 million, versus a year-ago loss of $12 million, or 1.09
per share, on sales of $3.3 million.
"We are very pleased with the financial results for the second quarter and the
first half of 2001, both of which compare favorably with last year`s results in
these same periods. While our billings during the second quarter were slightly
below our objectives, our current contract backlog is quite substantial, and we
have a plan in place to "catch up" during the next two quarters to keep us on
track for the year," said Rick Rutkowski, president and CEO of Microvision.
Including the results of Microvision subsidiary Lumera, which develops new types
of optical materials for telecom applications, the company exited the second
quarter with $42.8 million in cash, cash equivalents and investment securities
and a contract backlog of $7.9 million.
Analysts poled by First Call/Thomson Financial are expecting Microvision to
slightly narrow its loss for the third quarter to 70 cents per share.
Shares are currently trading down 83 cents, or 4%, at 19.67.
CONTACT: For more information, contact 123Jump.com, Inc.
Send email to: info@123jump.com
Or, visit 123Jump at: http://123jump.com
All Rights Reserved. (c) Copyright: 2001 123jump.com, Inc.
New York, Jul 31, 2001 (123Jump via COMTEX) -- Microvision Inc. (MVIS), a
leading light-scanning technology company, recorded a second-quarter loss that
was a cent narrower than analysts` 2001 forecast.
Microvision said its consolidated net loss widened to $8.6 million, or 72 cents
per share, compared with $6.9 million, or 60 cents per share in the year-ago
second quarter.
Revenue for the three months ended June 30, 2001, totaled $1.8 million, up 50%
from $1.2 million a year earlier.
For the six months ended June 30, Microvision lost $18.8 million, or 1.57 per
share, on sales of $4.1 million, versus a year-ago loss of $12 million, or 1.09
per share, on sales of $3.3 million.
"We are very pleased with the financial results for the second quarter and the
first half of 2001, both of which compare favorably with last year`s results in
these same periods. While our billings during the second quarter were slightly
below our objectives, our current contract backlog is quite substantial, and we
have a plan in place to "catch up" during the next two quarters to keep us on
track for the year," said Rick Rutkowski, president and CEO of Microvision.
Including the results of Microvision subsidiary Lumera, which develops new types
of optical materials for telecom applications, the company exited the second
quarter with $42.8 million in cash, cash equivalents and investment securities
and a contract backlog of $7.9 million.
Analysts poled by First Call/Thomson Financial are expecting Microvision to
slightly narrow its loss for the third quarter to 70 cents per share.
Shares are currently trading down 83 cents, or 4%, at 19.67.
CONTACT: For more information, contact 123Jump.com, Inc.
Send email to: info@123jump.com
Or, visit 123Jump at: http://123jump.com
All Rights Reserved. (c) Copyright: 2001 123jump.com, Inc.
PRESS RELEASE
(For Immediate Release)
LUMERA COMMITTED TO ENVIRONMENT FRIENDLY MANUFACTURING; INSTALLS STATE OF THE ART PFC ABATEMENT TOOL DEVELOPED BY GREENX, INC.
Napa, California, June 11, 2001: Greenx, Inc. announced the sale of a PFC abatement tool to Lumera Corporation of Bothell, Washington. The tool is installed on an ICP plasma etcher in Lumera’s new cleanroom facility. As part of its fabrication process, the etcher uses Perfuorocompound (PFC) gases that are considered as global warming gases. The Greenx DARE abatement tool destroys the unused portion of the PFC gases as they leave the etcher before they are exhausted to the atmosphere.
Greenx’s DARE uses microwave technology to generate a plasma that destroys the PFC gases such as CF4, C2F6, C4F8, CHF3, CH3F, NF3, and SF6. The global warming potential of these gases and their lifetimes are tremendous compared to gases such as CO2. For example, CF4 lasts about 50,000 years in the atmosphere and traps the infrared radiation at a rate about 8,000 times that of CO2.
"Lumera is committed to be an environmental friendly market leader in the opto-electronics industry," noted Adil Lahrichi, Vice President of Technology at Lumera. "Although the current usage of PFC gases are rather minimal at Lumera, we are laying the foundation for being environmental friendly throughout our future expansions," added Adil.
"We selected Greenx’s DARE system because of its high efficiency and the least amount of utilities consumed compared to other PFC abatement tools" said Mr. Lou Bintz who is in charge of the waveguide fabrication process at Lumera. Lou added: "Another attractive feature of the DARE system is that it bears the X3 label which certifies that Greenx has facilitated planting of a sufficient number of trees to sequester the CO2 produced by electric power plants to generate the electricity required for operation of a DARE tool for 3 years."
Lumera Corporation, headquartered in Bothell, WA, is focused on the development of optical component devices. These devices are based on a new class of electro-optic materials developed at Lumera which offer low drive voltages, low signal loss, photochemical and thermal stability, improved processability, ease of integration, reduced size and cost, and greater reliability than any other component offerings. Lumera’s web site is at www.lumera.com.
Greenx, Inc., headquartered in Napa, California, is a manufacturer of PFC abatement tools and other plasma based systems for the high-tech industry. Greenx, Inc. has pioneered the Xn label program and strives to provide the most energy efficient products that offer the required performance.
For further information please contact Kambiz Farnaam at 707-265-2900 or refer to Greenx’s web site at www.greenxinc.com.
(For Immediate Release)
LUMERA COMMITTED TO ENVIRONMENT FRIENDLY MANUFACTURING; INSTALLS STATE OF THE ART PFC ABATEMENT TOOL DEVELOPED BY GREENX, INC.
Napa, California, June 11, 2001: Greenx, Inc. announced the sale of a PFC abatement tool to Lumera Corporation of Bothell, Washington. The tool is installed on an ICP plasma etcher in Lumera’s new cleanroom facility. As part of its fabrication process, the etcher uses Perfuorocompound (PFC) gases that are considered as global warming gases. The Greenx DARE abatement tool destroys the unused portion of the PFC gases as they leave the etcher before they are exhausted to the atmosphere.
Greenx’s DARE uses microwave technology to generate a plasma that destroys the PFC gases such as CF4, C2F6, C4F8, CHF3, CH3F, NF3, and SF6. The global warming potential of these gases and their lifetimes are tremendous compared to gases such as CO2. For example, CF4 lasts about 50,000 years in the atmosphere and traps the infrared radiation at a rate about 8,000 times that of CO2.
"Lumera is committed to be an environmental friendly market leader in the opto-electronics industry," noted Adil Lahrichi, Vice President of Technology at Lumera. "Although the current usage of PFC gases are rather minimal at Lumera, we are laying the foundation for being environmental friendly throughout our future expansions," added Adil.
"We selected Greenx’s DARE system because of its high efficiency and the least amount of utilities consumed compared to other PFC abatement tools" said Mr. Lou Bintz who is in charge of the waveguide fabrication process at Lumera. Lou added: "Another attractive feature of the DARE system is that it bears the X3 label which certifies that Greenx has facilitated planting of a sufficient number of trees to sequester the CO2 produced by electric power plants to generate the electricity required for operation of a DARE tool for 3 years."
Lumera Corporation, headquartered in Bothell, WA, is focused on the development of optical component devices. These devices are based on a new class of electro-optic materials developed at Lumera which offer low drive voltages, low signal loss, photochemical and thermal stability, improved processability, ease of integration, reduced size and cost, and greater reliability than any other component offerings. Lumera’s web site is at www.lumera.com.
Greenx, Inc., headquartered in Napa, California, is a manufacturer of PFC abatement tools and other plasma based systems for the high-tech industry. Greenx, Inc. has pioneered the Xn label program and strives to provide the most energy efficient products that offer the required performance.
For further information please contact Kambiz Farnaam at 707-265-2900 or refer to Greenx’s web site at www.greenxinc.com.
Microvision and European Automaker to Develop Advanced Automotive DisplaysCompanies Will Prototype Driver Information and `Infotainment` Applications For Future Vehicles
BOTHELL, Wash., Aug 13, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today announced it has
received a predevelopment contract from a European automaker to begin rapid
prototyping of driver and passenger information and "infotainment" displays for
demonstration and evaluation in test vehicles.
The initial work is expected to take six months and will involve novel head-up
display (HUD) projection and driver/passenger information center applications
via rear projection display, both using Microvision`s proprietary scanning
display technology.
The advanced head-up display systems will enable the driver to view transparent
images, eventually in full color, for day/night navigation information, as well
as night vision imagery by projecting the images on the windshield. Projection
displays also will be incorporated into a driver information center that can
contain virtually any information relevant to the driver. For passengers,
extremely high-resolution rear projection displays will deliver a variety of
"infotainment" applications, including video gaming and movies, and eventually,
mobile Internet capability.
According to Tom Sanko, Microvision`s vice president of marketing, the project
will show that Microvision`s scanning display technology may well solve the
problem of delivering high information content to drivers and passengers in
future automobiles where display size, weight, flexible design configuration,
power consumption and visibility are key factors.
"The interest from the automotive industry for our display technology is growing
quickly," said Sanko. "Present display technologies have performance and cost
limitations that we believe can be overcome with our scanning displays because
our display `engine` can be made very small and very inexpensively and yet still
yield extremely bright, high fidelity images."
Drivers and passengers, and subsequently automotive manufacturers, are all
looking for enhanced display capabilities within their automobiles, said Sanko.
"As we all spend more time in automobiles, our vehicles need to be more fully
integrated with a variety of high-quality navigation and entertainment display
systems. In this European automaker, we have a partner demonstrably on the
leading edge of automotive technology, and fully able to appreciate and quickly
leverage the potential of our scanning display approach. We are excited to work
with this company and pleased that it considered Microvision`s displays as a
solution for automotive display applications."
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X52641911
SOURCE Microvision Inc.
CONTACT: media, Matt Nichols, mattn@mvis.com, or investors, Brian
Heagler, brian_heagler@mvis.com, both of Microvision Inc., +1-425-415-6847; or
Randy Balogh of Parker LePla, +1-206-285-5280, or randyb@parkerlepla.com, for
Microvision Inc.
BOTHELL, Wash., Aug 13, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today announced it has
received a predevelopment contract from a European automaker to begin rapid
prototyping of driver and passenger information and "infotainment" displays for
demonstration and evaluation in test vehicles.
The initial work is expected to take six months and will involve novel head-up
display (HUD) projection and driver/passenger information center applications
via rear projection display, both using Microvision`s proprietary scanning
display technology.
The advanced head-up display systems will enable the driver to view transparent
images, eventually in full color, for day/night navigation information, as well
as night vision imagery by projecting the images on the windshield. Projection
displays also will be incorporated into a driver information center that can
contain virtually any information relevant to the driver. For passengers,
extremely high-resolution rear projection displays will deliver a variety of
"infotainment" applications, including video gaming and movies, and eventually,
mobile Internet capability.
According to Tom Sanko, Microvision`s vice president of marketing, the project
will show that Microvision`s scanning display technology may well solve the
problem of delivering high information content to drivers and passengers in
future automobiles where display size, weight, flexible design configuration,
power consumption and visibility are key factors.
"The interest from the automotive industry for our display technology is growing
quickly," said Sanko. "Present display technologies have performance and cost
limitations that we believe can be overcome with our scanning displays because
our display `engine` can be made very small and very inexpensively and yet still
yield extremely bright, high fidelity images."
Drivers and passengers, and subsequently automotive manufacturers, are all
looking for enhanced display capabilities within their automobiles, said Sanko.
"As we all spend more time in automobiles, our vehicles need to be more fully
integrated with a variety of high-quality navigation and entertainment display
systems. In this European automaker, we have a partner demonstrably on the
leading edge of automotive technology, and fully able to appreciate and quickly
leverage the potential of our scanning display approach. We are excited to work
with this company and pleased that it considered Microvision`s displays as a
solution for automotive display applications."
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X52641911
SOURCE Microvision Inc.
CONTACT: media, Matt Nichols, mattn@mvis.com, or investors, Brian
Heagler, brian_heagler@mvis.com, both of Microvision Inc., +1-425-415-6847; or
Randy Balogh of Parker LePla, +1-206-285-5280, or randyb@parkerlepla.com, for
Microvision Inc.
Optical Networking Components Developer Lumera Secures $1.6 Million Government Contract
BOTHELL, Wash., Aug 29, 2001 /PRNewswire via COMTEX/ -- Optical networking
components developer Lumera Corporation, a subsidiary of Microvision, Inc.
(Nasdaq: MVIS), has been awarded a $1.6 million contract from the U.S.
government to design new electro-optic polymer materials appropriate for the
fabrication of a wideband optical modulator demonstration system.
The contract calls for Lumera to complete the first stage of the project within
14 months. If successful, the U.S. government may exercise options that would
result in at least an additional $2.3 million and extend the device fabrication
portion of the project into 2003.
Lumera is developing a new generation of unique active and passive components
for optical networks that are expected to deliver increased bandwidth at very
competitive costs while requiring less power than current devices. The company`s
component development is based on proprietary electro-optic polymer materials it
developed with its research partners at the University of Washington.
"We are very pleased to develop materials and devices that address this agency`s
needs and also have the potential to address large commercial markets for
optical signal processing components," said Todd McIntyre, Lumera vice
president. "This effort is well aligned with our long-term commercial
development objectives."
Lumera will market its unique, high performance optical components to providers
of optical networking systems equipment. The company expects to make prototype
devices available to customers for testing during 2001 with commercial
production scheduled to begin during 2002. Prototype devices based on materials
developed by Lumera`s research team have already achieved record-setting
bandwidth (in excess of 100 GHz) and operating voltages (below one volt) in
demonstrations at commercial and government research labs.
-------------------
Man sieht dass MVIS einen guten Draht zur Regierung hat...
BOTHELL, Wash., Aug 29, 2001 /PRNewswire via COMTEX/ -- Optical networking
components developer Lumera Corporation, a subsidiary of Microvision, Inc.
(Nasdaq: MVIS), has been awarded a $1.6 million contract from the U.S.
government to design new electro-optic polymer materials appropriate for the
fabrication of a wideband optical modulator demonstration system.
The contract calls for Lumera to complete the first stage of the project within
14 months. If successful, the U.S. government may exercise options that would
result in at least an additional $2.3 million and extend the device fabrication
portion of the project into 2003.
Lumera is developing a new generation of unique active and passive components
for optical networks that are expected to deliver increased bandwidth at very
competitive costs while requiring less power than current devices. The company`s
component development is based on proprietary electro-optic polymer materials it
developed with its research partners at the University of Washington.
"We are very pleased to develop materials and devices that address this agency`s
needs and also have the potential to address large commercial markets for
optical signal processing components," said Todd McIntyre, Lumera vice
president. "This effort is well aligned with our long-term commercial
development objectives."
Lumera will market its unique, high performance optical components to providers
of optical networking systems equipment. The company expects to make prototype
devices available to customers for testing during 2001 with commercial
production scheduled to begin during 2002. Prototype devices based on materials
developed by Lumera`s research team have already achieved record-setting
bandwidth (in excess of 100 GHz) and operating voltages (below one volt) in
demonstrations at commercial and government research labs.
-------------------
Man sieht dass MVIS einen guten Draht zur Regierung hat...
Lumera Corporation Names Optical Components Veteran as CEO
BOTHELL, Wash., Sep 4, 2001 /PRNewswire via COMTEX/ -- Optical networking
components developer Lumera Corporation, a subsidiary of Microvision, Inc.
(Nasdaq: MVIS), today announced the appointment of Thomas D. Mino as the
company`s first chief executive officer.
Mino brings to Lumera more than 30 years of business experience in
manufacturing, marketing, sales and general management of semiconductor and
optoelectronic components. Mino most recently served as general manager of
optical components supplier Agere Systems` high-speed long haul business unit
(formerly Lucent Technology Optoelectronics Unit) where he was responsible for
the development and sales of products with revenues in excess of $600 million.
Prior to his tenure at Agere, Mino served as president and CEO of Synergy
Semiconductor, a manufacturer of specialty high speed semiconductors, and as
vice president and general manager of ATMEL Corporation, also a semiconductor
manufacturing company. Mino also has significant management experience from a
variety of senior management positions at AT&T.
"Tom brings an enormous amount of product development, manufacturing and sales
experience to Lumera," said Lumera chairman Bill Owens. "We are extremely
fortunate to have such a proven team leader and manager to guide the company
through its next phase of development."
Mino noted that he is particularly pleased to be joining Lumera at this time,
saying, "I am very excited to lead a company that has assembled a powerful
combination of proprietary and leading-edge technology, strong technical talent
and partnerships with customers and collaborators."
Lumera plans to market its unique, high performance optical components to
providers of optical networking systems equipment. The company is currently
developing prototype devices with commercial production scheduled to begin
during 2002. Prototype devices based on materials developed by Lumera`s research
team have already achieved record-setting bandwidth (in excess of 100 GHz) and
operating voltages (below one volt) in demonstrations at commercial and
government research labs.
BOTHELL, Wash., Sep 4, 2001 /PRNewswire via COMTEX/ -- Optical networking
components developer Lumera Corporation, a subsidiary of Microvision, Inc.
(Nasdaq: MVIS), today announced the appointment of Thomas D. Mino as the
company`s first chief executive officer.
Mino brings to Lumera more than 30 years of business experience in
manufacturing, marketing, sales and general management of semiconductor and
optoelectronic components. Mino most recently served as general manager of
optical components supplier Agere Systems` high-speed long haul business unit
(formerly Lucent Technology Optoelectronics Unit) where he was responsible for
the development and sales of products with revenues in excess of $600 million.
Prior to his tenure at Agere, Mino served as president and CEO of Synergy
Semiconductor, a manufacturer of specialty high speed semiconductors, and as
vice president and general manager of ATMEL Corporation, also a semiconductor
manufacturing company. Mino also has significant management experience from a
variety of senior management positions at AT&T.
"Tom brings an enormous amount of product development, manufacturing and sales
experience to Lumera," said Lumera chairman Bill Owens. "We are extremely
fortunate to have such a proven team leader and manager to guide the company
through its next phase of development."
Mino noted that he is particularly pleased to be joining Lumera at this time,
saying, "I am very excited to lead a company that has assembled a powerful
combination of proprietary and leading-edge technology, strong technical talent
and partnerships with customers and collaborators."
Lumera plans to market its unique, high performance optical components to
providers of optical networking systems equipment. The company is currently
developing prototype devices with commercial production scheduled to begin
during 2002. Prototype devices based on materials developed by Lumera`s research
team have already achieved record-setting bandwidth (in excess of 100 GHz) and
operating voltages (below one volt) in demonstrations at commercial and
government research labs.
Microvision Affirms Revenue Guidance for 2001; Projects Triple-Digit Revenue Growth for 2002Company Expects Defense Contracts and new Product Sales to be Sources Of Accelerating Growth
BOTHELL, Wash., Sep 24, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), a leader in light scanning technologies, today affirmed it expects 2001
revenue to be in the range of $11 - $12 million, consistent with estimates given
during the second quarter earnings conference call. The company also said that
it expects to post its strongest revenue growth ever in 2002, growing at a rate
of 125 to 150 percent or more versus 2001.
"We believe that 2002 marks the beginning of a new phase of sharply accelerated
revenue growth for the company," said Rick Rutkowski, Microvision`s CEO. "We are
enthusiastic about the prospects for record growth in 2002 and we expect high
growth rates to prevail through 2003. Revenue growth in 2002 is expected to come
from defense-related contract revenue as well as significant contributions from
shipments of two products: the Nomad display product, scheduled to ship later
this year, and our bar-code scanner product, which we plan to ship during Q2 of
next year.
"We are seeing growing early demand for these products, which we believe will
increase even more rapidly following their launch. We also anticipate that later
this year, and through 2002, we can report positive developments in our efforts
to develop and commercialize display products for the high-volume consumer and
automotive markets.
"We would anticipate that, with 2002 revenue in the $25 to $28 million range,
somewhere between 50 and 60 percent of that revenue would come from work on
defense-related contracts and the balance from product sales. The estimate for
contract revenue we used in the current forecast does not reflect the likelihood
of any increases in defense spending in areas like electronic systems and
sensors. We expect to have greater visibility on the potential for any such
increases during the next 8 to 10 weeks.
"Similarly, our current sales projection for Nomad does not include any
significant sales in the areas of security or public safety. Although there is
potential for such demand to develop, it`s too early to see it with any
clarity."
Microvision recently achieved a critical milestone in the development of a
helmet mounted display system for the U.S. Army. Funding for this project has
increased in each of the last three years and the company expects funding to
increase again in 2002. The unique Spectrum full-color display has also received
significant attention from prospective military customers as a potential
candidate for a variety of airborne and land-based mobile systems.
"The company expects to sign two new contracts, totaling $5 million, with the
U.S. military very soon. These contracts have added importance in that they will
help accelerate the further development of the Nomad wearable displays for use
in a variety of both military and non-military applications," he said. "These
direct contributions to our ongoing R&D investment, combined with our projected
increase in gross profit, will have the net effect of reducing our operating
loss for next year even as we increase our investment in the development of
low-cost display products for consumer applications.
"Microvision has a lot of flexibility to respond rapidly to changing economic
and marketplace conditions. We`re still investing with the expectation of an
improved economy early next year, but if that changes, we can react. We can also
react if the demand for our technology and products increases sharply to meet
the emerging tactical and strategic needs of our nation`s defense community."
Lumera -- a subsidiary of Microvision -- signed a $1.6 million contract
including an additional $2.3 million option with a U.S. government agency to
develop high-performance electro-optic polymer materials in order to enable a
highly strategic, broadband communication system.
Microvision recently filed an S-3 "shelf" registration statement that makes
available to the company a variety of alternative financial instruments.
"We continue to have very good access to capital from both existing and new
investors, as we have in the past," said Rutkowski. "We have worked hard to put
ourselves in a position where we can respond quickly and appropriately to
fundamental developments and market conditions to access capital on an as-
needed basis."
About Microvision: http://www.mvis.com
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in
micro-miniature optical scanning technology for display and imaging
applications. The company`s technology has application in a broad range of
military, medical, industrial, professional and consumer information products.
Forward Looking Statement
Certain statements contained in this release, including projections of revenues,
gross profit, expenses, and loss, plans for product development, future
operations, and financing needs or plans, as well as statements containing words
like "believe," "anticipate," "estimate," "intend," "seek," "expect,"
"prospects," and other similar expressions, 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: market acceptance of our
technologies and products; our financial and technical resources relative to
those of our competitors; our ability to keep up with rapid technological
change; government regulation of our technologies; our ability to enforce our
intellectual property rights and protect our proprietary technologies; the
ability to obtain additional contract awards; the timing of commercial product
launches; the ability to achieve key technical milestones in key products;
economic conditions; and other risk factors identified from time to time in the
company`s SEC reports, including in its Annual Report on 10-K for the year ended
December 31, 2000 and its Quarterly Reports on Form 10-Q.
BOTHELL, Wash., Sep 24, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), a leader in light scanning technologies, today affirmed it expects 2001
revenue to be in the range of $11 - $12 million, consistent with estimates given
during the second quarter earnings conference call. The company also said that
it expects to post its strongest revenue growth ever in 2002, growing at a rate
of 125 to 150 percent or more versus 2001.
"We believe that 2002 marks the beginning of a new phase of sharply accelerated
revenue growth for the company," said Rick Rutkowski, Microvision`s CEO. "We are
enthusiastic about the prospects for record growth in 2002 and we expect high
growth rates to prevail through 2003. Revenue growth in 2002 is expected to come
from defense-related contract revenue as well as significant contributions from
shipments of two products: the Nomad display product, scheduled to ship later
this year, and our bar-code scanner product, which we plan to ship during Q2 of
next year.
"We are seeing growing early demand for these products, which we believe will
increase even more rapidly following their launch. We also anticipate that later
this year, and through 2002, we can report positive developments in our efforts
to develop and commercialize display products for the high-volume consumer and
automotive markets.
"We would anticipate that, with 2002 revenue in the $25 to $28 million range,
somewhere between 50 and 60 percent of that revenue would come from work on
defense-related contracts and the balance from product sales. The estimate for
contract revenue we used in the current forecast does not reflect the likelihood
of any increases in defense spending in areas like electronic systems and
sensors. We expect to have greater visibility on the potential for any such
increases during the next 8 to 10 weeks.
"Similarly, our current sales projection for Nomad does not include any
significant sales in the areas of security or public safety. Although there is
potential for such demand to develop, it`s too early to see it with any
clarity."
Microvision recently achieved a critical milestone in the development of a
helmet mounted display system for the U.S. Army. Funding for this project has
increased in each of the last three years and the company expects funding to
increase again in 2002. The unique Spectrum full-color display has also received
significant attention from prospective military customers as a potential
candidate for a variety of airborne and land-based mobile systems.
"The company expects to sign two new contracts, totaling $5 million, with the
U.S. military very soon. These contracts have added importance in that they will
help accelerate the further development of the Nomad wearable displays for use
in a variety of both military and non-military applications," he said. "These
direct contributions to our ongoing R&D investment, combined with our projected
increase in gross profit, will have the net effect of reducing our operating
loss for next year even as we increase our investment in the development of
low-cost display products for consumer applications.
"Microvision has a lot of flexibility to respond rapidly to changing economic
and marketplace conditions. We`re still investing with the expectation of an
improved economy early next year, but if that changes, we can react. We can also
react if the demand for our technology and products increases sharply to meet
the emerging tactical and strategic needs of our nation`s defense community."
Lumera -- a subsidiary of Microvision -- signed a $1.6 million contract
including an additional $2.3 million option with a U.S. government agency to
develop high-performance electro-optic polymer materials in order to enable a
highly strategic, broadband communication system.
Microvision recently filed an S-3 "shelf" registration statement that makes
available to the company a variety of alternative financial instruments.
"We continue to have very good access to capital from both existing and new
investors, as we have in the past," said Rutkowski. "We have worked hard to put
ourselves in a position where we can respond quickly and appropriately to
fundamental developments and market conditions to access capital on an as-
needed basis."
About Microvision: http://www.mvis.com
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the
patented retinal scanning display technology and a world leader in
micro-miniature optical scanning technology for display and imaging
applications. The company`s technology has application in a broad range of
military, medical, industrial, professional and consumer information products.
Forward Looking Statement
Certain statements contained in this release, including projections of revenues,
gross profit, expenses, and loss, plans for product development, future
operations, and financing needs or plans, as well as statements containing words
like "believe," "anticipate," "estimate," "intend," "seek," "expect,"
"prospects," and other similar expressions, 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: market acceptance of our
technologies and products; our financial and technical resources relative to
those of our competitors; our ability to keep up with rapid technological
change; government regulation of our technologies; our ability to enforce our
intellectual property rights and protect our proprietary technologies; the
ability to obtain additional contract awards; the timing of commercial product
launches; the ability to achieve key technical milestones in key products;
economic conditions; and other risk factors identified from time to time in the
company`s SEC reports, including in its Annual Report on 10-K for the year ended
December 31, 2000 and its Quarterly Reports on Form 10-Q.
Diese news stellen einen sehr klaren und deutlichen Fahrplan für die nächsten Monate dar.
In weiser Voraussicht hat heute jmd in D 400 Stücke gekauft, nachdem um 12 Uhr MESZ die press release kam!
Was alles so zwischen den Zeilen zu lesen ist weckt Phantasie...
M_3
Was alles so zwischen den Zeilen zu lesen ist weckt Phantasie...
M_3
schon etwas älter, aber eben erst gefunden:
Microvision: Hochspekulatives Investment (Der Aktionär)
Die Experten des Anlegermagazins "Der Aktionär" halten die US-amerikanische Microvision für ein hochspekulatives Investment mit enormem Potenzial.
Aktuell sehe die Lage was Ergebnisse und Bewertung betrifft katastrophal aus. Bei einer Marktkapitalisierung von 232 Mio. US-Dollar werde das Unternehmen im laufenden Jahr voraussichtlich nur 13 Mio. US-Dollar umsetzen und dabei einen Verlust von 2,97 US-Dollar pro Aktie erwirtschaften. Selbt auf Basis des nächsten Jahres ergebe sich immer noch eine gewagte Umsatzmultiple von 13 bei einem hohen negativen KGV. Auch das charttechnische Bild könne nicht überzeugen, immerhin habe sich jedoch bei 18 bis 20 US-Dollar ein Boden gebildet.
Das Potenzial des Unternehmens liege allerdings in seinen Produkten. Microvision habe Spezialbrillen entwickelt, deren eingebaute Apparaturen im Stande sind, Videoinformationen in Photonen umzuwandeln. Durch diese werde dann die ursprüngliche Videoinformation direkt auf die Netzhaut gestrahlt, bei einer Auflösung von 1.600 mal 1.200 Bildpunkten. Sowohl mit den zweidimensionalen Retinal Scanning Displays als auch mit den dreidimensionalen Virtual Retinal Displays verfüge Microvision über eine Darstellungmöglichkeit, deren Einsatzbereich immens ist.
Neben den Privatnutzern sei vor allem das Militär an derartigen Brillen interessiert, doch auch bei Börsenhändlern, Chirurgen und Autofahrern sei das Interesse gewaltig. Im chirurgischen Bereich sei schon ein Prototyp fertiggestellt worden, mit der US-Armee habe das Unternehmen einen Kontrakt ausweiten und eine Zusammenarbeit mit dem Ford Research Laboratory einleiten können. Mit diversen Unternehmen im Luftfahrtbereich (Boeing, US-Air-Force, Saab und Ericsson Avionics etc.) werde kooperiert. Das Potenzial dieser Marktnische werde für die nächsten Jahre auf rund 5 Mrd. US-Dollar geschätzt.
Dennoch sei die Technologie Zukunftsmusik, bis zur Fertigstellugn serienreifer Produkte werde es noch einige Zeit dauern. Daher sei Fantasie Trumpf, Geduld ein Muss.
Analyst: Der Aktionär
WKN der Aktie: 904586
KGV 02e: -
Besprechungskurs: 33,50 Euro
Kursziel: 55,00 Euro
Rating des Analysten: Hochspekulatives Investment
Quelle: Aktienresearch 21.08.2001 12:51
Microvision: Hochspekulatives Investment (Der Aktionär)
Die Experten des Anlegermagazins "Der Aktionär" halten die US-amerikanische Microvision für ein hochspekulatives Investment mit enormem Potenzial.
Aktuell sehe die Lage was Ergebnisse und Bewertung betrifft katastrophal aus. Bei einer Marktkapitalisierung von 232 Mio. US-Dollar werde das Unternehmen im laufenden Jahr voraussichtlich nur 13 Mio. US-Dollar umsetzen und dabei einen Verlust von 2,97 US-Dollar pro Aktie erwirtschaften. Selbt auf Basis des nächsten Jahres ergebe sich immer noch eine gewagte Umsatzmultiple von 13 bei einem hohen negativen KGV. Auch das charttechnische Bild könne nicht überzeugen, immerhin habe sich jedoch bei 18 bis 20 US-Dollar ein Boden gebildet.
Das Potenzial des Unternehmens liege allerdings in seinen Produkten. Microvision habe Spezialbrillen entwickelt, deren eingebaute Apparaturen im Stande sind, Videoinformationen in Photonen umzuwandeln. Durch diese werde dann die ursprüngliche Videoinformation direkt auf die Netzhaut gestrahlt, bei einer Auflösung von 1.600 mal 1.200 Bildpunkten. Sowohl mit den zweidimensionalen Retinal Scanning Displays als auch mit den dreidimensionalen Virtual Retinal Displays verfüge Microvision über eine Darstellungmöglichkeit, deren Einsatzbereich immens ist.
Neben den Privatnutzern sei vor allem das Militär an derartigen Brillen interessiert, doch auch bei Börsenhändlern, Chirurgen und Autofahrern sei das Interesse gewaltig. Im chirurgischen Bereich sei schon ein Prototyp fertiggestellt worden, mit der US-Armee habe das Unternehmen einen Kontrakt ausweiten und eine Zusammenarbeit mit dem Ford Research Laboratory einleiten können. Mit diversen Unternehmen im Luftfahrtbereich (Boeing, US-Air-Force, Saab und Ericsson Avionics etc.) werde kooperiert. Das Potenzial dieser Marktnische werde für die nächsten Jahre auf rund 5 Mrd. US-Dollar geschätzt.
Dennoch sei die Technologie Zukunftsmusik, bis zur Fertigstellugn serienreifer Produkte werde es noch einige Zeit dauern. Daher sei Fantasie Trumpf, Geduld ein Muss.
Analyst: Der Aktionär
WKN der Aktie: 904586
KGV 02e: -
Besprechungskurs: 33,50 Euro
Kursziel: 55,00 Euro
Rating des Analysten: Hochspekulatives Investment
Quelle: Aktienresearch 21.08.2001 12:51
eben frisch aus dem Ticker...
Microvision Ships Prototype Laser-Scanning Display to European Automaker For Road TestsSystem Developed in Just Five Weeks From Initial Order
BOTHELL, Wash., Sep 25, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today announced that it has
shipped a prototype front projection display to a European automaker for two
months of performance evaluations in test vehicles -- just five weeks after
receiving the initial order.
The prototype front-projection system holds the promise of being able to deliver
extremely bright, high fidelity images in a small, robust and inexpensive
package. Microvision`s aim is to solve the challenge of delivering information
to drivers and passengers in future automobiles where display size, power and
cost are key factors.
The palm-sized projector is a flexible display module that can support a full
range of automotive information applications, including serving as a digital
replacement for conventional vehicle information and dashboard displays as well
as emerging "telematics" applications like GPS navigation, traffic advisories
and internet-based information services. Microvision`s proprietary scanning
display technology allows drivers to view information projected in selected
locations such as rear-view mirrors, windshields or instrument clusters.
"This system achieves brightness nearly three times that of competing displays,
using a low-power laser light source that never has to be replaced, unlike the
bulbs in conventional projection displays," said Rick Rutkowski, Microvision
CEO. "Brightness is an important safety feature because it allows the driver to
keep the display up near the windshield so the eyes stay on the road."
The prototype system`s performance is based on the basic platform of the Nomad
Personal Display System(TM) -- Microvision`s first commercial product scheduled
to be released late this year -- and offers compelling evidence that the Nomad
System`s core technology is adaptable and extendible.
Drivers and passengers, and subsequently automotive manufacturers are all
looking for enhanced display capabilities within their automobiles, said
Rutkowski, an indication of the market`s strong potential. "Both companies are
excited that we`ve been able to move this along so quickly because we recognize
the excellent potential that exists in providing high quality information
displays in tomorrow`s automobiles. We expect successful road tests that will
lay the foundation to further develop this potential."
Following several weeks of marketing and product development evaluation in a
variety of test vehicles, Microvision will fine tune system features to reflect
test results, and work with the customer to determine the next steps in the
development.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
Anm.: wundert mich nicht warum am Freitag sowie gestern an NASDAQ in den letzten 10 Handelsminuten der Kurs stark anstieg...
Microvision Ships Prototype Laser-Scanning Display to European Automaker For Road TestsSystem Developed in Just Five Weeks From Initial Order
BOTHELL, Wash., Sep 25, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today announced that it has
shipped a prototype front projection display to a European automaker for two
months of performance evaluations in test vehicles -- just five weeks after
receiving the initial order.
The prototype front-projection system holds the promise of being able to deliver
extremely bright, high fidelity images in a small, robust and inexpensive
package. Microvision`s aim is to solve the challenge of delivering information
to drivers and passengers in future automobiles where display size, power and
cost are key factors.
The palm-sized projector is a flexible display module that can support a full
range of automotive information applications, including serving as a digital
replacement for conventional vehicle information and dashboard displays as well
as emerging "telematics" applications like GPS navigation, traffic advisories
and internet-based information services. Microvision`s proprietary scanning
display technology allows drivers to view information projected in selected
locations such as rear-view mirrors, windshields or instrument clusters.
"This system achieves brightness nearly three times that of competing displays,
using a low-power laser light source that never has to be replaced, unlike the
bulbs in conventional projection displays," said Rick Rutkowski, Microvision
CEO. "Brightness is an important safety feature because it allows the driver to
keep the display up near the windshield so the eyes stay on the road."
The prototype system`s performance is based on the basic platform of the Nomad
Personal Display System(TM) -- Microvision`s first commercial product scheduled
to be released late this year -- and offers compelling evidence that the Nomad
System`s core technology is adaptable and extendible.
Drivers and passengers, and subsequently automotive manufacturers are all
looking for enhanced display capabilities within their automobiles, said
Rutkowski, an indication of the market`s strong potential. "Both companies are
excited that we`ve been able to move this along so quickly because we recognize
the excellent potential that exists in providing high quality information
displays in tomorrow`s automobiles. We expect successful road tests that will
lay the foundation to further develop this potential."
Following several weeks of marketing and product development evaluation in a
variety of test vehicles, Microvision will fine tune system features to reflect
test results, and work with the customer to determine the next steps in the
development.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the
patented retinal scanning display technology and a world leader in micro
miniature optical scanning technology for display and imaging applications. The
company`s technology has applications in a broad range of military, medical,
industrial, professional and consumer information products.
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-K and Quarterly Reports on Form 10-Q, as
filed with the Securities and Exchange Commission.
Anm.: wundert mich nicht warum am Freitag sowie gestern an NASDAQ in den letzten 10 Handelsminuten der Kurs stark anstieg...
Bei hohen Umsätzen bricht MVIS nach oben durch. Weg bis 18$ frei.
M_3
M_3
Ich denke, daß hat wohl mehr mit der Meldung von Montag zu tun:
Microvision Affirms Revenue Guidance for 2001; Projects Triple-Digit Revenue Growth for 2002
Microvision Affirms Revenue Guidance for 2001; Projects Triple-Digit Revenue Growth for 2002
Die IR seitens MVIS ist hervorragend. Die weitere Entwicklung ist abgesichert, siehe press release vom Montag. Sollte NASDAQ tatsächlich gut performen, wird MVIS sie outperformen, davon gehe ich sehr schwer aus. Alles in allem ein kurzfristig sehr heftiger move von 9$ auf 14$, getragen von hohen Umsätzen, werden mit Sicherheit auch einige ihre short-Positionen gecovert haben...
M_3
M_3
M_III,
Du warst lange nicht mehr bei myResearch.
Zumindest seit dem Relaunch habe ich Dich dort nicht mehr gesehen.
Ich versuche dort das MVIS-Research Center am Leben zu halten. Könnte Unterstützung gebrauchen
Du warst lange nicht mehr bei myResearch.
Zumindest seit dem Relaunch habe ich Dich dort nicht mehr gesehen.
Ich versuche dort das MVIS-Research Center am Leben zu halten. Könnte Unterstützung gebrauchen
Gibt nur ein paar wenige in D die über MVIS bescheid wissen. Ich lese öfter im yahoo-Board nach, poste da aber nicht. Hat mehr etwas von einem Kaffeklatsch. Immerhin posten die aber links von amerikansichen Presseartikeln bzgl MVIS, in D findet man so etwas bis dato noch kaum.
Nur soviel: wenn sie es tatsächlich schaffen in 2,3 oder auch 4 Jahren Mobiltelefone mit einem MVIS-display auszurüsten - diese Komonente für die geplanten 40$ auf den Markt kommen - ist MVIS ein Milliardenunternehmen. Bis dahin ist es zwar noch ein weiter Weg, aber die Einnahmen sowie ggf weitere nötige Finanzierungen scheinen aktuell gesichert. Nächstes Jahr knapp 30Mio$ Umsatz, da können sie ihr R&D gewaltig aufstocken...
M_3
Nur soviel: wenn sie es tatsächlich schaffen in 2,3 oder auch 4 Jahren Mobiltelefone mit einem MVIS-display auszurüsten - diese Komonente für die geplanten 40$ auf den Markt kommen - ist MVIS ein Milliardenunternehmen. Bis dahin ist es zwar noch ein weiter Weg, aber die Einnahmen sowie ggf weitere nötige Finanzierungen scheinen aktuell gesichert. Nächstes Jahr knapp 30Mio$ Umsatz, da können sie ihr R&D gewaltig aufstocken...
M_3
Und es wird immer konkreter...
Latest News
--------------------------------------------------------------------------------
Microvision and Walsin Lihwa to Develop Low-Cost Production for Microdisplay ComponentsGoal Is on Mass-Production Methods of Microvision`s Microdisplays for Consumer And Other High-Volume Specialty Markets
BOTHELL, Wash., Sep 27, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today announced it has entered
into a co-operative agreement Walsin Lihwa Corp to develop low-cost
manufacturing capabilities for the eventual mass production of key components of
Microvision`s microdisplay engine intended for consumer and other high-volume
specialty applications. Microvision will work with a newly-formed division of
the Taiwanese advanced materialcturing and packaging methods for high volume
production of Microvison`s patented micro electro-mechanical systems (MEMS)
scanners and scan engines.
The current MEMS scanner chip is a key component of Microvision`s anticipated
Nomad(TM) Personal Display System, which uses the tiny scanning mirror to create
high quality displays by "painting" images directly on to the retina. While
Nomad is aimed at lower volume markets for professional users, the consumer
microdisplay engine design represents the next generation of Microvision`s
retinal scanning display (RSD) technology, emphasizing high-volume and low cost.
"Microvision`s consumer strategy is to create display products that can have a
dominant position in markets where high performance must be combined with very
low cost. This partnership is a key step towards making such displays a
reality," noted Russell Hannigan, business development director of advanced
products.
The consumer microdisplay is intended generate a "virtual" image that appears
close in size and resolution to that of desk-top display. This can be a powerful
feature for high-volume applications like digital cameras, gaming systems, and
mobile Internet devices.
"We believe the `sweet spot` in the market for such displays is at prices below
$40," said Hannigan. "At that price, the potential is for tens of millions of
units annually, and we have aggressive cost targets that we think will allow us
to beat competing displays by a wide margin on both price and performance."
The companies expect to spend at least one year developing the production system
that would allow high volume production of MEMS components by 2003.
"With the capabilities of our new MEMS facility, Walsin Lihwa is uniquely
positioned to fabricate, low-cost MEMS devices for mass markets," said Dr.
I-Ling Cheng, Walsin Lihwa president and CTO. "Our relationship with Microvision
provides the potential for mass fabrication of unique MEMS-based displays and
imaging devices and is entirely consistent with our aggressive growth
strategies."
Microvision`s patented MEMS device is fabricated from a small sliver of silicon.
The present bi-axial display scanner is roughly half the size of a dime while
future scanners may be much smaller. The tiny scanning mirror itself is
approximately two square millimeters in area -- smaller than the head of a pin.
The microscanner is designed to scan in both horizontal and vertical directions,
so that a single beam of light can be precisely steered at very high speeds
across a rectangular image plane. Microvision`s optical component scans at three
times the speed of any other device resulting in a unique ability to achieve
high-resolution video rate images.
Latest News
--------------------------------------------------------------------------------
Microvision and Walsin Lihwa to Develop Low-Cost Production for Microdisplay ComponentsGoal Is on Mass-Production Methods of Microvision`s Microdisplays for Consumer And Other High-Volume Specialty Markets
BOTHELL, Wash., Sep 27, 2001 /PRNewswire via COMTEX/ -- Microvision (Nasdaq:
MVIS), the leader in light scanning technologies, today announced it has entered
into a co-operative agreement Walsin Lihwa Corp to develop low-cost
manufacturing capabilities for the eventual mass production of key components of
Microvision`s microdisplay engine intended for consumer and other high-volume
specialty applications. Microvision will work with a newly-formed division of
the Taiwanese advanced materialcturing and packaging methods for high volume
production of Microvison`s patented micro electro-mechanical systems (MEMS)
scanners and scan engines.
The current MEMS scanner chip is a key component of Microvision`s anticipated
Nomad(TM) Personal Display System, which uses the tiny scanning mirror to create
high quality displays by "painting" images directly on to the retina. While
Nomad is aimed at lower volume markets for professional users, the consumer
microdisplay engine design represents the next generation of Microvision`s
retinal scanning display (RSD) technology, emphasizing high-volume and low cost.
"Microvision`s consumer strategy is to create display products that can have a
dominant position in markets where high performance must be combined with very
low cost. This partnership is a key step towards making such displays a
reality," noted Russell Hannigan, business development director of advanced
products.
The consumer microdisplay is intended generate a "virtual" image that appears
close in size and resolution to that of desk-top display. This can be a powerful
feature for high-volume applications like digital cameras, gaming systems, and
mobile Internet devices.
"We believe the `sweet spot` in the market for such displays is at prices below
$40," said Hannigan. "At that price, the potential is for tens of millions of
units annually, and we have aggressive cost targets that we think will allow us
to beat competing displays by a wide margin on both price and performance."
The companies expect to spend at least one year developing the production system
that would allow high volume production of MEMS components by 2003.
"With the capabilities of our new MEMS facility, Walsin Lihwa is uniquely
positioned to fabricate, low-cost MEMS devices for mass markets," said Dr.
I-Ling Cheng, Walsin Lihwa president and CTO. "Our relationship with Microvision
provides the potential for mass fabrication of unique MEMS-based displays and
imaging devices and is entirely consistent with our aggressive growth
strategies."
Microvision`s patented MEMS device is fabricated from a small sliver of silicon.
The present bi-axial display scanner is roughly half the size of a dime while
future scanners may be much smaller. The tiny scanning mirror itself is
approximately two square millimeters in area -- smaller than the head of a pin.
The microscanner is designed to scan in both horizontal and vertical directions,
so that a single beam of light can be precisely steered at very high speeds
across a rectangular image plane. Microvision`s optical component scans at three
times the speed of any other device resulting in a unique ability to achieve
high-resolution video rate images.
Anm.:
- ...high volume production of MEMS components by 2003...
- ...prices below $40," said Hannigan. "At that price, the potential is for tens of millions of units annually...
Es wird immer konkreter, Microvision hat sehr große Chancen DER big player im display business zu werden. Sobald man in der Massenproduktion ist wird man die beste display-Lösung am kostengünstigsten anbieten können, folglich hohe Gewinnmargen erzielen können bei einem Milliardenumsatz. Das dann die aktuell lächerliche Marktkap von 150 Mio$ locker vervielfacht werden muß ist klar. In Verbindung mit der derzeitigen Bodenbildung ist MVIS wieder ein klares strong buy...
M_3
- ...high volume production of MEMS components by 2003...
- ...prices below $40," said Hannigan. "At that price, the potential is for tens of millions of units annually...
Es wird immer konkreter, Microvision hat sehr große Chancen DER big player im display business zu werden. Sobald man in der Massenproduktion ist wird man die beste display-Lösung am kostengünstigsten anbieten können, folglich hohe Gewinnmargen erzielen können bei einem Milliardenumsatz. Das dann die aktuell lächerliche Marktkap von 150 Mio$ locker vervielfacht werden muß ist klar. In Verbindung mit der derzeitigen Bodenbildung ist MVIS wieder ein klares strong buy...
M_3
Microvision Completes Production Prototypes of Flic Hand Held Bar Code Scanner; Product On Target for Q2 Release
BOTHELL, Wash., Oct 1, 2001 (BUSINESS WIRE) -- Microvision, Inc., (Nasdaq:MVIS) announced today that its Imaging Solutions Group has successfully completed a run of packaged production prototype hand held bar code scanners.
This is a major step in Microvision`s planned release of a revolutionary bar code scanner that will offer a combination of scanning performance, ease of use and low cost that is unique in the industry.
The palm-sized scanner -- known as Flic(TM) -- features unique and innovative beam-scanning technology developed by the company and its form-fitting package is comfortable to hold. Priced at well under $100, Flic will offer unprecedented levels of performance and ease of use at far less cost than the least expensive commercial bar code devices available today, according to Chris Wiklof, Director of Product Management. Another unique feature of Flic is that it will come with free software that will enable even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without any of the programming and support requirements common to today`s bar code reading products. The highly innovative "virtual wedge" software automatically enters scanned bar code data into standard Windows(R) applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use.
"With Flic, our value proposition is very simple," said Wiklof, "it works better and costs less than the alternatives. It won`t take a lot of hand-waving to attract the attention of customers in the $1 billion a year hand held bar code market. Unit volume is growing much faster than sales in the category, which tells us that the real growth is in low cost solutions. We`ve already had a very good response from early customers and we expect the market to respond even more favorably as we get these units out to customers in the weeks ahead."
Compared to bar code wands -- the class of product closest in price -- Flic is much easier to use. Wands must be manually swept over a bar code symbol to capture the data. This awkwardness often results in the need for multiple swipes and slows throughput of scanned items. Flic, like other bar code readers that use a moving beam of light, eliminates the need for manual scanning allowing a user to simply point a visible beam at the symbol. However currently available moving beam scanners often cost several hundred dollars and are out of the price range of many users. "Microvision`s new Flic scanner offers the best of both worlds, great ergonomics at a great price", said Wiklof.
With this batch of production prototypes complete and the product moving rapidly toward its commercial release, the company has begun fabrication of a larger batch of prototypes, which it expects to demonstrate to potential customers later this year. The company will ship demo quantities during the first quarter of 2002, and begin volume production in the second quarter of 2002.
Digital photo of Flic is available -- contact Richard Duval, Microvision, 425-415-1398, or via e-mail at Richard_duval@mvis.com or Randy Balogh, Parker LePla, 206-285-5280, randyb@parkerlepla.com
About Microvision: www.mvis.com
BOTHELL, Wash., Oct 1, 2001 (BUSINESS WIRE) -- Microvision, Inc., (Nasdaq:MVIS) announced today that its Imaging Solutions Group has successfully completed a run of packaged production prototype hand held bar code scanners.
This is a major step in Microvision`s planned release of a revolutionary bar code scanner that will offer a combination of scanning performance, ease of use and low cost that is unique in the industry.
The palm-sized scanner -- known as Flic(TM) -- features unique and innovative beam-scanning technology developed by the company and its form-fitting package is comfortable to hold. Priced at well under $100, Flic will offer unprecedented levels of performance and ease of use at far less cost than the least expensive commercial bar code devices available today, according to Chris Wiklof, Director of Product Management. Another unique feature of Flic is that it will come with free software that will enable even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without any of the programming and support requirements common to today`s bar code reading products. The highly innovative "virtual wedge" software automatically enters scanned bar code data into standard Windows(R) applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use.
"With Flic, our value proposition is very simple," said Wiklof, "it works better and costs less than the alternatives. It won`t take a lot of hand-waving to attract the attention of customers in the $1 billion a year hand held bar code market. Unit volume is growing much faster than sales in the category, which tells us that the real growth is in low cost solutions. We`ve already had a very good response from early customers and we expect the market to respond even more favorably as we get these units out to customers in the weeks ahead."
Compared to bar code wands -- the class of product closest in price -- Flic is much easier to use. Wands must be manually swept over a bar code symbol to capture the data. This awkwardness often results in the need for multiple swipes and slows throughput of scanned items. Flic, like other bar code readers that use a moving beam of light, eliminates the need for manual scanning allowing a user to simply point a visible beam at the symbol. However currently available moving beam scanners often cost several hundred dollars and are out of the price range of many users. "Microvision`s new Flic scanner offers the best of both worlds, great ergonomics at a great price", said Wiklof.
With this batch of production prototypes complete and the product moving rapidly toward its commercial release, the company has begun fabrication of a larger batch of prototypes, which it expects to demonstrate to potential customers later this year. The company will ship demo quantities during the first quarter of 2002, and begin volume production in the second quarter of 2002.
Digital photo of Flic is available -- contact Richard Duval, Microvision, 425-415-1398, or via e-mail at Richard_duval@mvis.com or Randy Balogh, Parker LePla, 206-285-5280, randyb@parkerlepla.com
About Microvision: www.mvis.com
Habe MVIS seit über einem Jahr. Sind ja tolle Nachrichten in letzter Zeit. Frage mich bloß, warum die Aktie bei der guten Nasdaq nicht stärker reagiert?
For4
For4
Bin auch enttäuscht über den Kursverlauf der letzten Tage. Im Jahresvergleich lagen MVIS und NASDAQ bis letzte Woche exakt gleich. Die Schwäche der letzten Tage ist nicht erfreulich.
QUALCOMM Co-Founder Andrew Viterbi Joins Microvision as Special Advisor
BOTHELL, Wash., Oct 9, 2001 (BUSINESS WIRE) -- Dr. Andrew Viterbi, a co-founder of QUALCOMM, and a world renowned expert in the areas of digital wireless communications systems and products, has joined Microvision, Inc. (Nasdaq:MVIS) as a special advisor to the company`s executive management team and board of directors.
Viterbi co-founded QUALCOMM Incorporated in 1985 and served as its chief technical officer until 1996 before retiring as vice chairman last year. He is currently president of the Viterbi Group, a San Diego-based technical advisory and investment firm.
Widely recognized for his contributions to QUALCOMM`s core technologies of satellite and terrestrial digital wireless communications, Viterbi is considered an important and influential figure in the communications industry. He was central to the development of Qualcomm`s CDMA technology for wireless communications and evangelized the technology throughout the world. The Viterbi algorithm is used in the vast majority of digital wireless phones, data terminals and digital satellite broadcast receivers, as well as in such diverse applications as magnetic recording, speech recognition and DNA sequence analysis.
"Today`s wireless internet devices are limited by their small display screens," said Viterbi. "A key remaining ingredient for making wireless data communication and mobile Internet a reality is a viable display technology for portable devices. Microvision`s retinal scanning display offers a unique and innovative solution to meet the challenging mix of cost, performance and miniaturization required for this kind of application. My hope is that the company and its board of directors can benefit from my perspective on the future of wireless communications and the dynamics of this rapidly evolving marketplace."
Retinal scanning display technology can be a powerful enabler for mobile data communication because it will eliminate the current compromise between the small size of mobile devices and the desire to view digital content on a full format display, according to Rick Rutkowski, Microvision CEO. Mobile products incorporating its technology would allow users to flip up a small lens at the base of a phone or wear a lightweight headset to have the experience of looking at an image with the size and quality of a laptop or desktop monitor.
Unlike alternative solutions that project images from a miniaturized screen, Microvision`s display uses a single tiny mirror to scan a low-power beam of colored light across the eye, creating the effect of viewing a full-size screen. Because of the device`s simplicity and small size, the company believes that it can deliver more performance at a lower cost versus competing miniature displays.
"Dr. Viterbi is one of the true visionaries in the communications world, and Microvision is indeed fortunate to have the advantage of his extraordinary expertise, experience and unique perspective," said Rutkowski. "We are embarking on an aggressive campaign to deliver a low-cost implementation of our technology to leaders in the wireless communications industry during the next two years and Dr. Viterbi has already provided strategic insights and direction that will be exceptionally valuable."
Prior to co-founding QUALCOMM, Viterbi co-founded LINKABIT Corporation in 1968, where he served as executive vice president and later as president. Viterbi has spent equal portions of his career in academia as professor in the Schools of Engineering first at UCLA and then at UCSD, at which he is now professor emeritus.
A member of both the National Academies of Sciences and Engineering, he served on President Clinton`s Information Technology Advisory Committee and the Board of Trustees of the University of Southern California. Viterbi has received numerous awards for his leadership and contributions to the telecommunications industry and communications theory and practice.
About Microvision
BOTHELL, Wash., Oct 9, 2001 (BUSINESS WIRE) -- Dr. Andrew Viterbi, a co-founder of QUALCOMM, and a world renowned expert in the areas of digital wireless communications systems and products, has joined Microvision, Inc. (Nasdaq:MVIS) as a special advisor to the company`s executive management team and board of directors.
Viterbi co-founded QUALCOMM Incorporated in 1985 and served as its chief technical officer until 1996 before retiring as vice chairman last year. He is currently president of the Viterbi Group, a San Diego-based technical advisory and investment firm.
Widely recognized for his contributions to QUALCOMM`s core technologies of satellite and terrestrial digital wireless communications, Viterbi is considered an important and influential figure in the communications industry. He was central to the development of Qualcomm`s CDMA technology for wireless communications and evangelized the technology throughout the world. The Viterbi algorithm is used in the vast majority of digital wireless phones, data terminals and digital satellite broadcast receivers, as well as in such diverse applications as magnetic recording, speech recognition and DNA sequence analysis.
"Today`s wireless internet devices are limited by their small display screens," said Viterbi. "A key remaining ingredient for making wireless data communication and mobile Internet a reality is a viable display technology for portable devices. Microvision`s retinal scanning display offers a unique and innovative solution to meet the challenging mix of cost, performance and miniaturization required for this kind of application. My hope is that the company and its board of directors can benefit from my perspective on the future of wireless communications and the dynamics of this rapidly evolving marketplace."
Retinal scanning display technology can be a powerful enabler for mobile data communication because it will eliminate the current compromise between the small size of mobile devices and the desire to view digital content on a full format display, according to Rick Rutkowski, Microvision CEO. Mobile products incorporating its technology would allow users to flip up a small lens at the base of a phone or wear a lightweight headset to have the experience of looking at an image with the size and quality of a laptop or desktop monitor.
Unlike alternative solutions that project images from a miniaturized screen, Microvision`s display uses a single tiny mirror to scan a low-power beam of colored light across the eye, creating the effect of viewing a full-size screen. Because of the device`s simplicity and small size, the company believes that it can deliver more performance at a lower cost versus competing miniature displays.
"Dr. Viterbi is one of the true visionaries in the communications world, and Microvision is indeed fortunate to have the advantage of his extraordinary expertise, experience and unique perspective," said Rutkowski. "We are embarking on an aggressive campaign to deliver a low-cost implementation of our technology to leaders in the wireless communications industry during the next two years and Dr. Viterbi has already provided strategic insights and direction that will be exceptionally valuable."
Prior to co-founding QUALCOMM, Viterbi co-founded LINKABIT Corporation in 1968, where he served as executive vice president and later as president. Viterbi has spent equal portions of his career in academia as professor in the Schools of Engineering first at UCLA and then at UCSD, at which he is now professor emeritus.
A member of both the National Academies of Sciences and Engineering, he served on President Clinton`s Information Technology Advisory Committee and the Board of Trustees of the University of Southern California. Viterbi has received numerous awards for his leadership and contributions to the telecommunications industry and communications theory and practice.
About Microvision
Latest News
--------------------------------------------------------------------------------
Microvision Ships Prototype of Next Generation Automotive Head-Up Display to Ford
BOTHELL, Wash., Oct 11, 2001 (BUSINESS WIRE) -- Microvision, Inc.,
(NASDAQ: MVIS), the leader in light scanning technologies, announced today that
it has shipped a laser-scanning projection display to Ford Research Laboratory
as the result of a four month development effort.
The delivery will be evaluated as a driver`s head-up (HUD) display, similar to
those used in military and commercial aircraft.
The automobile industry is keen to equip cars with new features ranging from
head-up maps, and instrumentation displays to traffic advisories and a variety
of network-based information services. Microvision`s unique head-up projection
system creates a very high brightness monochromatic image that is designed to
appear only when the driver looks in a particular location.
The palm-sized projection display contains proprietary technology that creates
an image by precisely scanning a single beam of laser light at very high speed.
The beam is projected through a rectangular lens that causes the image to appear
in space when the viewer focuses on the selected location.
"Our technology is a perfect fit for the automobile industry," said Tom Sanko,
Microvision`s Vice President of Marketing. "Automotive displays need to deliver
very bright images in small affordable packages, have a long lifetime and not
generate heat. Current projection technologies aren`t able to achieve most of
these requirements. Compared to the expensive lamps in existing projection
systems, Microvision`s use of laser light sources make a key difference. Our
light sources are very small, very bright and very power efficient.
"While the automotive category is a relatively new market for Microvision,"
continued Sanko, "we are greatly encouraged by our ability to demonstrate some
fundamental advantages of our technology. We were able to prototype this system
very rapidly because it was based on pre-existing technology. We look forward to
continuing development in this category and expect to build upon our early
results very quickly."
Mr. Sanko will be presenting a paper highlighting Microvision`s work in scanned
light displays for automobiles at the Society of Information Display`s 8th
Annual Symposium on Vehicle Displays, October 15-16, in Detroit, Michigan. He
will also be demonstrating prototypes of Microvision`s Nomad Personal Display
System and microdisplay.
-------------------------------------
Heute um 8 Uhr pm pacific time spricht RR, am 15./16. Autoshow in Detroit, es sollten neue Investoren gewonnen werden können...
--------------------------------------------------------------------------------
Microvision Ships Prototype of Next Generation Automotive Head-Up Display to Ford
BOTHELL, Wash., Oct 11, 2001 (BUSINESS WIRE) -- Microvision, Inc.,
(NASDAQ: MVIS), the leader in light scanning technologies, announced today that
it has shipped a laser-scanning projection display to Ford Research Laboratory
as the result of a four month development effort.
The delivery will be evaluated as a driver`s head-up (HUD) display, similar to
those used in military and commercial aircraft.
The automobile industry is keen to equip cars with new features ranging from
head-up maps, and instrumentation displays to traffic advisories and a variety
of network-based information services. Microvision`s unique head-up projection
system creates a very high brightness monochromatic image that is designed to
appear only when the driver looks in a particular location.
The palm-sized projection display contains proprietary technology that creates
an image by precisely scanning a single beam of laser light at very high speed.
The beam is projected through a rectangular lens that causes the image to appear
in space when the viewer focuses on the selected location.
"Our technology is a perfect fit for the automobile industry," said Tom Sanko,
Microvision`s Vice President of Marketing. "Automotive displays need to deliver
very bright images in small affordable packages, have a long lifetime and not
generate heat. Current projection technologies aren`t able to achieve most of
these requirements. Compared to the expensive lamps in existing projection
systems, Microvision`s use of laser light sources make a key difference. Our
light sources are very small, very bright and very power efficient.
"While the automotive category is a relatively new market for Microvision,"
continued Sanko, "we are greatly encouraged by our ability to demonstrate some
fundamental advantages of our technology. We were able to prototype this system
very rapidly because it was based on pre-existing technology. We look forward to
continuing development in this category and expect to build upon our early
results very quickly."
Mr. Sanko will be presenting a paper highlighting Microvision`s work in scanned
light displays for automobiles at the Society of Information Display`s 8th
Annual Symposium on Vehicle Displays, October 15-16, in Detroit, Michigan. He
will also be demonstrating prototypes of Microvision`s Nomad Personal Display
System and microdisplay.
-------------------------------------
Heute um 8 Uhr pm pacific time spricht RR, am 15./16. Autoshow in Detroit, es sollten neue Investoren gewonnen werden können...
Monday October 15, 6:02 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Completes $11 Million Placement
BOTHELL, Wash.--(BUSINESS WIRE)--Oct. 15, 2001--Microvision, Inc. (Nasdaq:MVIS - news), a leader of light scanning technologies, today announced that it has completed an $11 million placement consisting of common stock and common stock purchase warrants.
The offering consisted of 971,499 shares of common stock and 145,723 shares of four-year warrants to purchase common stock, exercisable at $14.62 per share. The shares were offered under a shelf registration filed by the Company, which allows the company to issue up to $20 million of various types of securities in offerings made ``from time to time``. Participants in the placement included both new and existing institutional investors.
``Our strategy has been to maintain a strong balance sheet at all times,`` said Rick Rutkowski, Microvision`s president and CEO. ``While we have maintained cash balances that will fund operations well past the middle of next year, we felt it prudent to add a modest amount of capital to further extend that horizon.``
Press Release
SOURCE: Microvision, Inc.
Microvision Completes $11 Million Placement
BOTHELL, Wash.--(BUSINESS WIRE)--Oct. 15, 2001--Microvision, Inc. (Nasdaq:MVIS - news), a leader of light scanning technologies, today announced that it has completed an $11 million placement consisting of common stock and common stock purchase warrants.
The offering consisted of 971,499 shares of common stock and 145,723 shares of four-year warrants to purchase common stock, exercisable at $14.62 per share. The shares were offered under a shelf registration filed by the Company, which allows the company to issue up to $20 million of various types of securities in offerings made ``from time to time``. Participants in the placement included both new and existing institutional investors.
``Our strategy has been to maintain a strong balance sheet at all times,`` said Rick Rutkowski, Microvision`s president and CEO. ``While we have maintained cash balances that will fund operations well past the middle of next year, we felt it prudent to add a modest amount of capital to further extend that horizon.``
2 news in den letzten Tagen...
Microvision Delivers Helmet-Mounted Display Prototype to U.S. ArmyUnique high brightness color display system could augment helicopter instrument panels
BOTHELL, Wash., Oct 17, 2001 (BUSINESS WIRE) -- Microvision, Inc. (NASDAQ:
MVIS) today announced that it shipped the prototype helmet-mounted display (HMD)
system to the U.S. Army as part of its contract for the Virtual Cockpit
Optimization Program (VCOP).
The prototype system was shipped to The Boeing Company`s Mesa, AZ, helicopter
facility where it will be integrated with supporting elements of the VCOP system
including the Rotorcraft Pilot`s Associate mission-management software. After
testing, the complete VCOP system will be delivered to the U.S. Army`s APEX lab
(Advanced Prototyping Engineering and Experimentation) labs in Huntsville, AL
for further evaluation.
VCOP is the Army`s vision of how a virtual cockpit would function, including a
"what you see depends on where you look" concept that can be achieved with
Microvision`s advanced display technology. As the pilot looks up and out of the
cockpit, various types of targeting, navigational or terrain overlays appear on
his helmet display. When pilots look into the cockpit, they may see "virtual"
instruments projected onto the eye that literally replace many of the existing
dials and multifunction displays that are in cockpits today.
The VCOP program offers the Army both technical and cost advantages, noted Matt
Nichols, director of communications for Microvision. "Existing instruments can
be cumbersome and hard to maintain, and, as new capabilities arise, upgrading
this hardware without replacing or re-wiring everything is an expensive
procedure," he said. "A virtual cockpit, however, is small, lightweight and can
be readily upgraded just by changing the software. We`ve seen estimates that
upgrading a VCOP system might be only one fifth of the cost of upgrading all the
integrated software and supporting elements in an existing helicopter`s avionics
suite."
Microvision`s approach to VCOP represents the changing nature of 21st century
warfare, said Rick Rutkowski, Microvision CEO. "Warfare has become information
driven and pilots must be able to receive, integrate, and assimilate information
from disparate sources in extremely short amount of time," he said. "VCOP helps
this process by putting information up front in head up see through mode using
intuitive formats and procedures to scroll through and access data."
Microvision`s prototype system will be tested in two types of applications -
operational aircraft, where the VCOP system could replace the existing
instrument panel or relegate it to a backup role in flight simulators and
operational aircraft. In a simulator setting, instrument panel designers will
try out new concepts and perform engineering trade studies on future
pilot/machine interface concepts using the VCOP prototype.
Microvision will continue under contract to further develop and refine the VCOP
system with the emphasis meet the military`s standard on durability leading to a
future flight test. Microvision is aiming for the market of new and existing
military helicopters including attack and utility platforms.
The company envisions that the virtual cockpit concept and its variations could
be utilized in helicopters that are in the design stage, and in a variety of
other military and commercial aircraft and even in ground vehicles. The goal of
the VCOP system is an estimated average yearly procurement quantity of 500
systems per year and an estimated total quantity of 3,000.
"The Army has set stringent performance expectations for its next generation of
rotorcraft; performance standards unattained prior to this prototype," said
Rutkowski. "Our prototype system underscores that Microvision is in a unique
position to deliver a high performance yet cost-effective system solution that
exceeds the Army`s demanding requirements."
----------------------
--------------------------------------------------------------------------------
Microvision Awarded $1.5 Million Subcontract to Support Navy`s Technology Program
BOTHELL, Wash., Oct 18, 2001 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq: MVIS)
announced today that it has been awarded a $1.5 million subcontract by
Concurrent Technologies Corporation (CTC) in support of the Office of Naval
Research`s Battlespace Information Display Technology (BIDT) program.
The BIDT program will develop innovative display technologies for delivering
wireless tactical information to the warfighter. CTC will integrate
Microvision`s retinal scanning display (RSD) technology into lightweight display
devices that will be used in command, control, communications, and intelligence
(C4I) operations.
"These unique displays will enhance situational awareness to give US and allied
troops the edge they need to fight and survive in conflicts of the future," said
Rick Rutkowski, Microvision CEO.
ONR/CTC/Microvision will push development of Microvision`s unique
Micro-electro-mechanical systems (MEMS) scanning technology to enable ultra
small, ultra low power display concepts that address the challenge of displaying
information on the battlefield. A variety of technology approaches centering on
Microvision`s unique retinal scanning display technology will be pursued to
enable the next generation of rugged, high performance, personal display
devices.
Rutkowski noted that Microvision`s increasing activities in the defense arena
underscore the value of technology in the changing nature of warfare. "Warfare
has become information-driven and our armed forces must be able to receive,
integrate, and rapidly assimilate information from disparate sources," he said.
"By putting information up front in head-up see-through mode Microvision`s
retinal scanning display technology can be a key enabler in this process."
------------
Anm.: die Ankündigung RRs, dass von den anvisierten 25-28 Mio$ Umsatz 2002 der größte Teil von der US-army kommen wird zeigt sich hier sehr deutlich.
Mal sehen ob es bald den land warrior geben wird. Kleine High-Tech-Kampfgruppen werden auf den gegenwärtigen schlachtfeldern und den zukünftigen sowieso die entscheidende Rollen spielen.
mobile applications werden aufgrund des Konjunkturknicks noch länger auf sich warten müssen...
Finanzierung der company gesichert.
Microvision Delivers Helmet-Mounted Display Prototype to U.S. ArmyUnique high brightness color display system could augment helicopter instrument panels
BOTHELL, Wash., Oct 17, 2001 (BUSINESS WIRE) -- Microvision, Inc. (NASDAQ:
MVIS) today announced that it shipped the prototype helmet-mounted display (HMD)
system to the U.S. Army as part of its contract for the Virtual Cockpit
Optimization Program (VCOP).
The prototype system was shipped to The Boeing Company`s Mesa, AZ, helicopter
facility where it will be integrated with supporting elements of the VCOP system
including the Rotorcraft Pilot`s Associate mission-management software. After
testing, the complete VCOP system will be delivered to the U.S. Army`s APEX lab
(Advanced Prototyping Engineering and Experimentation) labs in Huntsville, AL
for further evaluation.
VCOP is the Army`s vision of how a virtual cockpit would function, including a
"what you see depends on where you look" concept that can be achieved with
Microvision`s advanced display technology. As the pilot looks up and out of the
cockpit, various types of targeting, navigational or terrain overlays appear on
his helmet display. When pilots look into the cockpit, they may see "virtual"
instruments projected onto the eye that literally replace many of the existing
dials and multifunction displays that are in cockpits today.
The VCOP program offers the Army both technical and cost advantages, noted Matt
Nichols, director of communications for Microvision. "Existing instruments can
be cumbersome and hard to maintain, and, as new capabilities arise, upgrading
this hardware without replacing or re-wiring everything is an expensive
procedure," he said. "A virtual cockpit, however, is small, lightweight and can
be readily upgraded just by changing the software. We`ve seen estimates that
upgrading a VCOP system might be only one fifth of the cost of upgrading all the
integrated software and supporting elements in an existing helicopter`s avionics
suite."
Microvision`s approach to VCOP represents the changing nature of 21st century
warfare, said Rick Rutkowski, Microvision CEO. "Warfare has become information
driven and pilots must be able to receive, integrate, and assimilate information
from disparate sources in extremely short amount of time," he said. "VCOP helps
this process by putting information up front in head up see through mode using
intuitive formats and procedures to scroll through and access data."
Microvision`s prototype system will be tested in two types of applications -
operational aircraft, where the VCOP system could replace the existing
instrument panel or relegate it to a backup role in flight simulators and
operational aircraft. In a simulator setting, instrument panel designers will
try out new concepts and perform engineering trade studies on future
pilot/machine interface concepts using the VCOP prototype.
Microvision will continue under contract to further develop and refine the VCOP
system with the emphasis meet the military`s standard on durability leading to a
future flight test. Microvision is aiming for the market of new and existing
military helicopters including attack and utility platforms.
The company envisions that the virtual cockpit concept and its variations could
be utilized in helicopters that are in the design stage, and in a variety of
other military and commercial aircraft and even in ground vehicles. The goal of
the VCOP system is an estimated average yearly procurement quantity of 500
systems per year and an estimated total quantity of 3,000.
"The Army has set stringent performance expectations for its next generation of
rotorcraft; performance standards unattained prior to this prototype," said
Rutkowski. "Our prototype system underscores that Microvision is in a unique
position to deliver a high performance yet cost-effective system solution that
exceeds the Army`s demanding requirements."
----------------------
--------------------------------------------------------------------------------
Microvision Awarded $1.5 Million Subcontract to Support Navy`s Technology Program
BOTHELL, Wash., Oct 18, 2001 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq: MVIS)
announced today that it has been awarded a $1.5 million subcontract by
Concurrent Technologies Corporation (CTC) in support of the Office of Naval
Research`s Battlespace Information Display Technology (BIDT) program.
The BIDT program will develop innovative display technologies for delivering
wireless tactical information to the warfighter. CTC will integrate
Microvision`s retinal scanning display (RSD) technology into lightweight display
devices that will be used in command, control, communications, and intelligence
(C4I) operations.
"These unique displays will enhance situational awareness to give US and allied
troops the edge they need to fight and survive in conflicts of the future," said
Rick Rutkowski, Microvision CEO.
ONR/CTC/Microvision will push development of Microvision`s unique
Micro-electro-mechanical systems (MEMS) scanning technology to enable ultra
small, ultra low power display concepts that address the challenge of displaying
information on the battlefield. A variety of technology approaches centering on
Microvision`s unique retinal scanning display technology will be pursued to
enable the next generation of rugged, high performance, personal display
devices.
Rutkowski noted that Microvision`s increasing activities in the defense arena
underscore the value of technology in the changing nature of warfare. "Warfare
has become information-driven and our armed forces must be able to receive,
integrate, and rapidly assimilate information from disparate sources," he said.
"By putting information up front in head-up see-through mode Microvision`s
retinal scanning display technology can be a key enabler in this process."
------------
Anm.: die Ankündigung RRs, dass von den anvisierten 25-28 Mio$ Umsatz 2002 der größte Teil von der US-army kommen wird zeigt sich hier sehr deutlich.
Mal sehen ob es bald den land warrior geben wird. Kleine High-Tech-Kampfgruppen werden auf den gegenwärtigen schlachtfeldern und den zukünftigen sowieso die entscheidende Rollen spielen.
mobile applications werden aufgrund des Konjunkturknicks noch länger auf sich warten müssen...
Finanzierung der company gesichert.
2 Ankündigungen...
Microvision CEO to speak at the AeA Classic Financial Conference; Company Will Host Series of Presentations to Investors
BOTHELL, Wash., Oct 24, 2001 (BUSINESS WIRE) -- Microvision (Nasdaq: MVIS), the
leader in light scanning technologies, today announced that its president and
CEO, Rick Rutkowski, will speak at the 31st annual AeA Classic Financial
Conference on November 6 and 7 in San Diego.
Presented by the American Electronics Association, the Classic is one of the
leading financial conferences for public technology companies with more than 300
companies presenting to over 1,000 investors. Rutkowski and company executives
will make a series of presentations at the Sheraton Hotel & Marina from 2:30
p.m. to 6:15 p.m. PT on November 6, and 8:00 a.m. to 4:15 p.m. PT on November 7.
Microvision will provide a live webcast of its presentation on November 7 at
8:00 a.m. PT. To listen to the webcast, visit the Company`s web site at
www.mvis.com or the AeA web site. Investor information, as well as email alerts
and reminders of future events, can be found at www.mvis.com -- access Calendar
of Events and Email Alerts. Additional conference information can be found at
www.aeanet.org.
---------------
Microvision Announces Third Quarter Earnings Conference Call; Thursday, November 8, 2001, at 11:00 AM ET --8:00 AM PT--
BOTHELL, Wash., Oct 25, 2001 (BUSINESS WIRE) -- Microvision (NASDAQ: MVIS) has
scheduled a conference call on Thursday, November 8, 2001 at 8:00 a.m. (PT) to
announce its third quarter 2001 financial results.
Date: Thursday, November 8, 2001
Time: 8:00 a.m. PT; 11:00 a.m. ET
Call in number: Domestic: 800/997-8642
International: 973/694-2225
To listen via the telephone please dial-in approximately ten minutes prior to
the starting time of the call. The call will be simultaneously webcast and can
be accessed at Microvision`s web site at www.mvis.com.
A telephonic replay of the call will be available at 10:00 a.m. PT on November
8, 2001 through midnight on November 15, 2001. The replay will be available by
calling 800/428-6051 (International callers: 973/709-2089). The replay
confirmation code is 214045. The webcast of the call will be archived on the
Company`s web site for three months.
Microvision CEO to speak at the AeA Classic Financial Conference; Company Will Host Series of Presentations to Investors
BOTHELL, Wash., Oct 24, 2001 (BUSINESS WIRE) -- Microvision (Nasdaq: MVIS), the
leader in light scanning technologies, today announced that its president and
CEO, Rick Rutkowski, will speak at the 31st annual AeA Classic Financial
Conference on November 6 and 7 in San Diego.
Presented by the American Electronics Association, the Classic is one of the
leading financial conferences for public technology companies with more than 300
companies presenting to over 1,000 investors. Rutkowski and company executives
will make a series of presentations at the Sheraton Hotel & Marina from 2:30
p.m. to 6:15 p.m. PT on November 6, and 8:00 a.m. to 4:15 p.m. PT on November 7.
Microvision will provide a live webcast of its presentation on November 7 at
8:00 a.m. PT. To listen to the webcast, visit the Company`s web site at
www.mvis.com or the AeA web site. Investor information, as well as email alerts
and reminders of future events, can be found at www.mvis.com -- access Calendar
of Events and Email Alerts. Additional conference information can be found at
www.aeanet.org.
---------------
Microvision Announces Third Quarter Earnings Conference Call; Thursday, November 8, 2001, at 11:00 AM ET --8:00 AM PT--
BOTHELL, Wash., Oct 25, 2001 (BUSINESS WIRE) -- Microvision (NASDAQ: MVIS) has
scheduled a conference call on Thursday, November 8, 2001 at 8:00 a.m. (PT) to
announce its third quarter 2001 financial results.
Date: Thursday, November 8, 2001
Time: 8:00 a.m. PT; 11:00 a.m. ET
Call in number: Domestic: 800/997-8642
International: 973/694-2225
To listen via the telephone please dial-in approximately ten minutes prior to
the starting time of the call. The call will be simultaneously webcast and can
be accessed at Microvision`s web site at www.mvis.com.
A telephonic replay of the call will be available at 10:00 a.m. PT on November
8, 2001 through midnight on November 15, 2001. The replay will be available by
calling 800/428-6051 (International callers: 973/709-2089). The replay
confirmation code is 214045. The webcast of the call will be archived on the
Company`s web site for three months.
Hi
Was ist los Michael ? Keinen Bock mehr ?
Die üblichen Abschläge auf Grund der grottenschlechten Zahlen. Doch wen interessieren schon die momentanen Zahlen. Die Instis, die vor kurzem bei ca 14$ eingestiegen sind bzw. aufgestockt haben sicherlich nicht.
Microvision Reports Third Quarter Results
BOTHELL, Wash.--(BUSINESS WIRE)--Nov. 8, 2001--
Company sets stage for first shipments of Nomad(TM) Personal Display
System, milestones include delivering prototypes for U.S. military,
automotive customers and pre-production version of bar code product;
$1.6 million government contract for Lumera
Microvision, Inc. (Nasdaq:MVIS - news), a leader in light scanning technologies, today reported results for the third quarter of 2001.
Quarterly results
For the three months ended September 30, 2001, Microvision reported a consolidated net loss of $8.2 million or $.68 per share compared to a net loss of $7.7 million or $.65 per share for the same period in 2000. Revenue for the third quarter of 2001 was $2.4 million compared to $2.0 million for the same period in 2000. For the nine months ended September 30, 2001, the company reported a consolidated net loss of $27.0 million or $2.25 per share compared to a net loss of $19.7 million or $1.75 per share for the same period in 2000. Revenue for the nine months ended September 30, 2001 was $6.5 million compared to $5.3 million for the same period in 2000. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and nine months ended September 30, 2001, the portion of the consolidated loss attributable to Lumera was $300,000 or $.03 per share and $2.9 million or $.24 per share, respectively, compared to $500,000 or $.05 per share and $700,000 or $.06 per share for the three and nine months ended September 30, 2000, respectively.
The company, including Lumera, ended the third quarter with $33.9 million in cash, cash equivalents and investment securities and a contract backlog of $7.3 million. Not included in the cash balance as of September 30, 2001 is the $11.0 million financing that was raised by Microvision in October of 2001.
``We are very pleased with our achievements during the quarter, and we are equally enthusiastic about the outlook going forward,`` said Microvision President and CEO, Rick Rutkowski. ``We are anticipating a very strong fourth quarter with revenue in the range of $4 to $4.5 million. This growth will come primarily from performance on existing and new contracts. We are anticipating only a small amount of revenue related to shipments of the Nomad(TM) Personal Display System for the quarter with increased product revenue during the first quarter of next year.
``During the quarter we also achieved a number of important technical milestones associated with the release of both the Nomad system and our personal bar code scanner product, Flic(TM).
``We have recently demonstrated a fully functional pre-production version of the Nomad system and are preparing to ship the first production units before the end of this year. The Nomad system is producing a truly outstanding high-contrast, high-resolution (SVGA) image. This is a major milestone for the company as it marks the first demonstration of a production-ready MEMS-based display. We continue to see many high-value applications for the Nomad system in the areas of maintenance and surgical navigation and we have recently seen growing interest in the security, surveillance and public safety marketplace. In July, flight tests showed that the Nomad system dramatically improved pilot situational awareness and safety by improving ``head-up`` time by 50 percent. We have also demonstrated pre-production versions of Flic and will be demonstrating the product to several potential customers beginning next week. We are encouraged by a growing level of interest in both products.
``During the quarter we also achieved major milestones in our work for the U.S. military. We delivered two display systems to the U.S. Army. The first of these was a helmet-mounted display for the Aircrew Integrated Helmet System program. Our display exceeded all aspects of the specification. This is particularly gratifying since ours is the first and only technology to meet this demanding specification, which was first created nearly 15 years ago. We followed this with another first in delivering the first prototype of the Virtual Cockpit full-color helmet. The program, which teams Microvision with Boeing, is designed to enable Army helicopters with a ``virtual`` cockpit whereby various types of targeting, navigational or terrain overlays appear on the pilot`s helmet display.
``Concurrent Technologies and the Office of Naval Research awarded Microvision a $1.5 million subcontract to develop a lightweight wearable display system for delivering wireless tactical information to combat troops. This sponsored development work complements our ongoing internal development of commercial products in this category.
``We also recently delivered two unique prototype projection display systems to leading automotive manufacturers. We were able to respond very quickly to achieve the very challenging performance specifications, because the systems utilize the same basic scan engine architecture as the Nomad product.
``Microvision and Walsin Lihwa entered a cooperative agreement to develop low-cost manufacturing capabilities for the future mass production of key components of Microvision`s microdisplay engine. The MEMS based display engine is aimed at consumer and other high volume specialty applications like digital cameras, gaming systems and mobile Internet devices.``
Lumera
In September Microvision`s subsidiary company, Lumera, a developer of optical networking components, named Tom Mino, an executive with more than 30 years of management experience in the semiconductor and optical component business, as its first CEO. Lumera also announced that it had been awarded a $1.6 million government contract to design new electro-optic polymer materials appropriate for the fabrication of a wideband optical modulator demonstration system. The project includes a potential second phase for $2.3 million that would extend the device fabrication portion of the project into 2003.
Other Events
In addition to Tom Mino, Microvision announced a number of important management appointments. In July, the company brought on Bill Syndes as chief operating officer and Dr. V.G. Veeraraghavan as vice president of research and development. More recently, the company announced that QUALCOMM co-founder Andrew Viterbi joined the company as a special advisor to the executive management team and board of directors.
Conference Call
Microvision`s will host a conference call to discuss its third quarter financial results at 8:00 a.m. PT today. Participants may join the conference call by dialing 800/997-8642 ten minutes prior to the start of the conference. Additionally, the conference will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 9:00 p.m. ET November 15, 2001 and can be accessed by dialing 800/428-6051. The confirmation code is 214045.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the proprietary Retinal Scanning Display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s Web site at http://www.mvis.com.
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company plans to deliver superior and unique component solutions to optical systems suppliers. Lumera plans to supply standard and custom components to systems providers in multiple high-growth product categories. Additional information can be found at Lumera`s Web site at http://www.lumera.com.
Was ist los Michael ? Keinen Bock mehr ?
Die üblichen Abschläge auf Grund der grottenschlechten Zahlen. Doch wen interessieren schon die momentanen Zahlen. Die Instis, die vor kurzem bei ca 14$ eingestiegen sind bzw. aufgestockt haben sicherlich nicht.
Microvision Reports Third Quarter Results
BOTHELL, Wash.--(BUSINESS WIRE)--Nov. 8, 2001--
Company sets stage for first shipments of Nomad(TM) Personal Display
System, milestones include delivering prototypes for U.S. military,
automotive customers and pre-production version of bar code product;
$1.6 million government contract for Lumera
Microvision, Inc. (Nasdaq:MVIS - news), a leader in light scanning technologies, today reported results for the third quarter of 2001.
Quarterly results
For the three months ended September 30, 2001, Microvision reported a consolidated net loss of $8.2 million or $.68 per share compared to a net loss of $7.7 million or $.65 per share for the same period in 2000. Revenue for the third quarter of 2001 was $2.4 million compared to $2.0 million for the same period in 2000. For the nine months ended September 30, 2001, the company reported a consolidated net loss of $27.0 million or $2.25 per share compared to a net loss of $19.7 million or $1.75 per share for the same period in 2000. Revenue for the nine months ended September 30, 2001 was $6.5 million compared to $5.3 million for the same period in 2000. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and nine months ended September 30, 2001, the portion of the consolidated loss attributable to Lumera was $300,000 or $.03 per share and $2.9 million or $.24 per share, respectively, compared to $500,000 or $.05 per share and $700,000 or $.06 per share for the three and nine months ended September 30, 2000, respectively.
The company, including Lumera, ended the third quarter with $33.9 million in cash, cash equivalents and investment securities and a contract backlog of $7.3 million. Not included in the cash balance as of September 30, 2001 is the $11.0 million financing that was raised by Microvision in October of 2001.
``We are very pleased with our achievements during the quarter, and we are equally enthusiastic about the outlook going forward,`` said Microvision President and CEO, Rick Rutkowski. ``We are anticipating a very strong fourth quarter with revenue in the range of $4 to $4.5 million. This growth will come primarily from performance on existing and new contracts. We are anticipating only a small amount of revenue related to shipments of the Nomad(TM) Personal Display System for the quarter with increased product revenue during the first quarter of next year.
``During the quarter we also achieved a number of important technical milestones associated with the release of both the Nomad system and our personal bar code scanner product, Flic(TM).
``We have recently demonstrated a fully functional pre-production version of the Nomad system and are preparing to ship the first production units before the end of this year. The Nomad system is producing a truly outstanding high-contrast, high-resolution (SVGA) image. This is a major milestone for the company as it marks the first demonstration of a production-ready MEMS-based display. We continue to see many high-value applications for the Nomad system in the areas of maintenance and surgical navigation and we have recently seen growing interest in the security, surveillance and public safety marketplace. In July, flight tests showed that the Nomad system dramatically improved pilot situational awareness and safety by improving ``head-up`` time by 50 percent. We have also demonstrated pre-production versions of Flic and will be demonstrating the product to several potential customers beginning next week. We are encouraged by a growing level of interest in both products.
``During the quarter we also achieved major milestones in our work for the U.S. military. We delivered two display systems to the U.S. Army. The first of these was a helmet-mounted display for the Aircrew Integrated Helmet System program. Our display exceeded all aspects of the specification. This is particularly gratifying since ours is the first and only technology to meet this demanding specification, which was first created nearly 15 years ago. We followed this with another first in delivering the first prototype of the Virtual Cockpit full-color helmet. The program, which teams Microvision with Boeing, is designed to enable Army helicopters with a ``virtual`` cockpit whereby various types of targeting, navigational or terrain overlays appear on the pilot`s helmet display.
``Concurrent Technologies and the Office of Naval Research awarded Microvision a $1.5 million subcontract to develop a lightweight wearable display system for delivering wireless tactical information to combat troops. This sponsored development work complements our ongoing internal development of commercial products in this category.
``We also recently delivered two unique prototype projection display systems to leading automotive manufacturers. We were able to respond very quickly to achieve the very challenging performance specifications, because the systems utilize the same basic scan engine architecture as the Nomad product.
``Microvision and Walsin Lihwa entered a cooperative agreement to develop low-cost manufacturing capabilities for the future mass production of key components of Microvision`s microdisplay engine. The MEMS based display engine is aimed at consumer and other high volume specialty applications like digital cameras, gaming systems and mobile Internet devices.``
Lumera
In September Microvision`s subsidiary company, Lumera, a developer of optical networking components, named Tom Mino, an executive with more than 30 years of management experience in the semiconductor and optical component business, as its first CEO. Lumera also announced that it had been awarded a $1.6 million government contract to design new electro-optic polymer materials appropriate for the fabrication of a wideband optical modulator demonstration system. The project includes a potential second phase for $2.3 million that would extend the device fabrication portion of the project into 2003.
Other Events
In addition to Tom Mino, Microvision announced a number of important management appointments. In July, the company brought on Bill Syndes as chief operating officer and Dr. V.G. Veeraraghavan as vice president of research and development. More recently, the company announced that QUALCOMM co-founder Andrew Viterbi joined the company as a special advisor to the executive management team and board of directors.
Conference Call
Microvision`s will host a conference call to discuss its third quarter financial results at 8:00 a.m. PT today. Participants may join the conference call by dialing 800/997-8642 ten minutes prior to the start of the conference. Additionally, the conference will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 9:00 p.m. ET November 15, 2001 and can be accessed by dialing 800/428-6051. The confirmation code is 214045.
About Microvision
Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the proprietary Retinal Scanning Display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Additional information can be found at the company`s Web site at http://www.mvis.com.
About Lumera
As a subsidiary of Microvision, Inc., Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company plans to deliver superior and unique component solutions to optical systems suppliers. Lumera plans to supply standard and custom components to systems providers in multiple high-growth product categories. Additional information can be found at Lumera`s Web site at http://www.lumera.com.
Gabi, noch sauer wg ALIF oder hat sichs gelegt?
MVIS dümpelt und wird noch weiterdümpeln, die Zeiten an denen sich mit Visionen leichtes Geld an der Börse verdienen läßt sind vorbei.
Was sehen wir bei MVIS?
- 150k mehr Aktien short(derzeit 11.5% !! of float)
- Institutionelle aufgestockt um ca 150k (25% of float)
- cash 45Mio$, um weitere 5 bis 6 Quartale Geld zu verbrennen
- eine kürzlich durchgeführte Kapitalbeschaffung zu nicht ganz so hervorragenden Bedingungen
- klare Aussagen bzgl revenues: 11Mio$ 2001, 25-28Mio$(!) 2002
- erstes Produkt zu Weihnachten(Nomad) und BarCode scanner Anfang 2002
- nächstes Jahr Verkaufsziel von 1000 Nomad Systems...
undundund
CC anhören!
MVIS dümpelt und wird noch weiterdümpeln, die Zeiten an denen sich mit Visionen leichtes Geld an der Börse verdienen läßt sind vorbei.
Was sehen wir bei MVIS?
- 150k mehr Aktien short(derzeit 11.5% !! of float)
- Institutionelle aufgestockt um ca 150k (25% of float)
- cash 45Mio$, um weitere 5 bis 6 Quartale Geld zu verbrennen
- eine kürzlich durchgeführte Kapitalbeschaffung zu nicht ganz so hervorragenden Bedingungen
- klare Aussagen bzgl revenues: 11Mio$ 2001, 25-28Mio$(!) 2002
- erstes Produkt zu Weihnachten(Nomad) und BarCode scanner Anfang 2002
- nächstes Jahr Verkaufsziel von 1000 Nomad Systems...
undundund
CC anhören!
Hi
Klar bin ich noch sauer wegen ALIF. Ich hasse es so krasse Fehlinvestitionen zu tätigen bzw. den Ausstieg zu verpassen. Sie sind aber immer noch auf meinen Radarschirm. Sollte sich der profitable Trend über die nächsten Quartale fortsetzen - was ich jedoch bezweifle - kann man ja mal über einen Wiedereinstieg nachdenken.
Das Problem bei MVIS ist, dass wohl frühestens in 2 Jahren Gewinne anfallen. Aber die könnten dann eben enorm sein und Wachstumsraten aufweisen, dass einem schwindelig wird.
Ich habe ebenfalls zu 14$ noch einmal aufgestockt und werde, wenn die Nasdaq noch einmal auf 14oo Punkte fallen sollte, bei 10$ - dies dürfte IMHO der Boden sein - noch einmal nachlegen oder wenn die Nasdaq weiterhin stabil verläuft, in der Range von 13$ - 20$ meinen Bestand komplettieren.
Was mir an MVIS besonders gefällt ist das exquisite Managment und hochkarätige BOD. Das ist eigentlich schon die halbe Miete. Und die Aussicht in naher Zukunft Weltmarktführer bei virtuellen Displays zu sein, hat eben seinen Preis.
Den CC muss ich mir erst noch anhören.
Was gefällt dir an der letzten Kapitalbeschaffung nicht ?
gabi
Klar bin ich noch sauer wegen ALIF. Ich hasse es so krasse Fehlinvestitionen zu tätigen bzw. den Ausstieg zu verpassen. Sie sind aber immer noch auf meinen Radarschirm. Sollte sich der profitable Trend über die nächsten Quartale fortsetzen - was ich jedoch bezweifle - kann man ja mal über einen Wiedereinstieg nachdenken.
Das Problem bei MVIS ist, dass wohl frühestens in 2 Jahren Gewinne anfallen. Aber die könnten dann eben enorm sein und Wachstumsraten aufweisen, dass einem schwindelig wird.
Ich habe ebenfalls zu 14$ noch einmal aufgestockt und werde, wenn die Nasdaq noch einmal auf 14oo Punkte fallen sollte, bei 10$ - dies dürfte IMHO der Boden sein - noch einmal nachlegen oder wenn die Nasdaq weiterhin stabil verläuft, in der Range von 13$ - 20$ meinen Bestand komplettieren.
Was mir an MVIS besonders gefällt ist das exquisite Managment und hochkarätige BOD. Das ist eigentlich schon die halbe Miete. Und die Aussicht in naher Zukunft Weltmarktführer bei virtuellen Displays zu sein, hat eben seinen Preis.
Den CC muss ich mir erst noch anhören.
Was gefällt dir an der letzten Kapitalbeschaffung nicht ?
gabi
Hi Gabi,
da hast Du bei MVIS einen besseren Einstiegspreis wie ich derzeit. Zum Glück konnte ich aber anno 2000 ein paar nette Gewinne mitnehmen, gab ja auch steile Anstiege. Bei ALIF war ich ja auch sehr dick drin, mein Glück war dass ich aus 100% sicherer Quelle erfahren habe dass der Laden nichts taugt. Wenn ich diese Quelle nicht gehabt hätte wäre ich wahrscheinlich ganz dicke auf die Schnauze geflogen! Insofern habe ich bei meiner Anlageentscheidung ein gewaltiges Quentchen Glück gehabt. Diese Quelle war nicht ideefixx.. den konnte ich noch überzeugen sich ein paar MVIS ins Depot zu legen, ich fand das so geil!
ALIF würde ich aus Prinzip nicht mehr anrühren. Schöneburg hat einfach keinen guten Ruf und wird bestimmt nicht mehr ein erfolgreicher Geschäftsmann, das war er nie.
Die letzte Kapitalmaßnahme: mir gefällt der Kurs nicht, jedoch muß man festhalten dass Rick R. es immer wieder versteht auch in schwierigen Umfeld sich Kapital zu beschaffen, das wird ihm immer gelingen.
Das BOD ist wahnsinn, gell?! Überzeugt mich auch gewaltig! Da verwundert es nicht dass die US-Army einen Batzen des R&D bezahlt...
Ansonsten bleibt MVIS ein Geduldsspiel mit nach wie vor großem Risiko, die Konkurrenz schläft nicht; es bleibt spannend...
Michael
da hast Du bei MVIS einen besseren Einstiegspreis wie ich derzeit. Zum Glück konnte ich aber anno 2000 ein paar nette Gewinne mitnehmen, gab ja auch steile Anstiege. Bei ALIF war ich ja auch sehr dick drin, mein Glück war dass ich aus 100% sicherer Quelle erfahren habe dass der Laden nichts taugt. Wenn ich diese Quelle nicht gehabt hätte wäre ich wahrscheinlich ganz dicke auf die Schnauze geflogen! Insofern habe ich bei meiner Anlageentscheidung ein gewaltiges Quentchen Glück gehabt. Diese Quelle war nicht ideefixx.. den konnte ich noch überzeugen sich ein paar MVIS ins Depot zu legen, ich fand das so geil!
ALIF würde ich aus Prinzip nicht mehr anrühren. Schöneburg hat einfach keinen guten Ruf und wird bestimmt nicht mehr ein erfolgreicher Geschäftsmann, das war er nie.
Die letzte Kapitalmaßnahme: mir gefällt der Kurs nicht, jedoch muß man festhalten dass Rick R. es immer wieder versteht auch in schwierigen Umfeld sich Kapital zu beschaffen, das wird ihm immer gelingen.
Das BOD ist wahnsinn, gell?! Überzeugt mich auch gewaltig! Da verwundert es nicht dass die US-Army einen Batzen des R&D bezahlt...
Ansonsten bleibt MVIS ein Geduldsspiel mit nach wie vor großem Risiko, die Konkurrenz schläft nicht; es bleibt spannend...
Michael
Tuesday, November 27, 2001
Despite promise, microdisplay market is still struggling
Companies face layoffs, delayed rollouts, lowered projections
By Spencer Chin
EBN
(11/26/01, 03:50:08 PM EST)
The promise of a burgeoning microdisplay industry is quickly fading as a lack of capital, a weak business environment, and production issues have put a number of players in jeopardy.
Companies have been forced to delay product rollouts and downgrade their revenue guidance, while others have laid off employees or gone out of business altogether. The slower-than-anticipated emergence of some microdisplay applications has also been a factor.
“A lot of microdisplay companies are scrambling,” said Chris Chinnock, an analyst at Insight Media, Norwalk, Conn.
The firm projects the microdisplay market will grow to almost $5 billion in 2005 from $1.2 billion this year. But Chinnock conceded the forecast may be a bit optimistic given current industry conditions, and warned that some suppliers may go out of business or merge. He declined to speculate which suppliers would be affected.
But already inViso Corp. has ceased operations, eMagin Corp. is seeking capital to ramp up manufacturing, and several companies, including Zight Corp., Microdisplay Corp., and Displaytech Ltd., reduced their workforce earlier this year due to the slow market, according to Chinnock.
Haviland Wright, chairman and chief executive of Displaytech, said the Carlsbad, Calif., company reduced its staff to reflect the tight conditions in the equity markets, despite closing on substantial financing in July. He added that development of high-volume manufacturing capability by its Japan-based manufacturing part- ner, Miyota Co., prompted additional staff cuts.
Three-Five Inc., Tempe, Ariz., hasn`t cut jobs, but problems with improving yield and test have delayed the introduction of its Brillian LCoS (liquid-crystal-on-silicon) microdisplays, originally slated for the beginning of the second half of 2001, a company spokesperson said.
The spokesperson declined to specify when production would begin or elaborate on the test and yield problems, but stated that such delays were not out of the ordinary for new technology.
“There`s a lack of maturity in the microdisplay manufacturing infrastructure that`s leading to product stretchouts,” Chinnock said. He added that newer technologies such as LCoS-being pursued by many microdisplay suppliers-are still being refined.
Chinnock doesn`t expect Three-Five to begin production until early 2002, adding that the delay sharply lowered the company`s 2001 revenue estimates from $20 million to $25 million to between $3 million and $4 million.
Disagreement on figures
The Three-Five spokesperson conceded that revenue expectations have been reduced, but said the company`s original revenue projections were $10 million to $20 million and not the higher figures Chinnock reported.
Still, Three-Five remains on sound financial footing, having $150.7 million in cash and no long-term debt at the end of its third quarter, ended Sept. 30.
Not all suppliers are so fortunate, however.
A maker of near-to-the-eye displays, inViso shut down because it could not obtain adequate venture capital funding to continue operating, according to Alfred Hildebrand, the company`s founder and former chief executive.
The Sunnyvale, Calif., company won several awards for innovative products such as a digital LCoS display and optical module for head-mounted displays. It`s now seeking to license its IP, Hildebrand said. “Our problems are not unique,” he said. “Raising venture capital has never been more difficult. These difficulties are not limited to the microdisplay business. It`s similar to 1984, but worse.”
Funding could challenge other microdisplay suppliers. For instance, eMagin is trying to obtain additional financing to ramp up its manufacturing, according to a company spokesperson. The Hopewell Junction, N.Y., company received a $3 million investment from Korea-based SK Corp. in September. The spokesman declined further comment on the company`s production or financial activities.
Pressure from the larger companies
Putting a further squeeze on smaller microdisplay suppliers is the increasing presence of large, well-financed, Far East-based companies, according to Chinnock. He noted, for instance, that Sony and Epson have been expanding production of high-temperature polysilicon microdisplays.
But larger companies, including those that supply components for microdisplay systems, have not been immune to the industry`s problems, either.
Revenue for Texas Instruments Inc.`s DLP products division in Plano, Texas, is slated to grow by only 10% this year, compared with 30% the previous year, according to Dennis Fritsche, manager of business products. The division sells modulators for digital light-processing components that go into displays used in office projection, home entertainment, and public arena projection systems.
“We`ve cut back production in response to lower customer demand and soaring inventories,” Fritsche said. He expects sales to rebound next year, but growth rates will be 15% to 20% rather than 30% as in previous years.
Not all suppliers have a bleak outlook, however.
Kopin Corp., Taunton, Mass., saw its microdisplay revenue rise to $6.4 million in the third quarter from $3.8 million in the second quarter, and expects a similar increase this quarter, according to John Fan, chairman and chief executive.
Fan attributed the performance to the company`s emphasis on producing transmissive-type microdisplays for consumer electronics such as camcorders and digital cameras, rather than projection-type microdisplays, a market he said had more players.
Kopin was recently awarded a $3.5 million contract by the U.S. Army to develop a full-color version of its CyberDisplay 1280, a 0.96in.-diagonal display whose monochrome counterpart resides in helmet-mounted displays for the RAH-66 Comanche Helicopter program.
Design-ins lagging
While Chinnock believes the military might spark demand for microdisplays in helmet-wearable displays in the wake of the Sept. 11 attacks, he sees other microdisplay design-ins lagging.
Chinnock noted that the near-to-the-eye display sector has been slow to develop other than for camcorder viewfinders. “Headsets for wearable computers, DVD systems, and laptop displays have not taken off, and the delay of 2.5G and 3G phones have slowed microdisplay design-ins in the communications market,” he said.
“LCoS microdisplay companies were not helped by the economic downturn,” InViso`s Hildebrand said, noting that most LCoS applications were for new products that could easily be deferred.
Despite promise, microdisplay market is still struggling
Companies face layoffs, delayed rollouts, lowered projections
By Spencer Chin
EBN
(11/26/01, 03:50:08 PM EST)
The promise of a burgeoning microdisplay industry is quickly fading as a lack of capital, a weak business environment, and production issues have put a number of players in jeopardy.
Companies have been forced to delay product rollouts and downgrade their revenue guidance, while others have laid off employees or gone out of business altogether. The slower-than-anticipated emergence of some microdisplay applications has also been a factor.
“A lot of microdisplay companies are scrambling,” said Chris Chinnock, an analyst at Insight Media, Norwalk, Conn.
The firm projects the microdisplay market will grow to almost $5 billion in 2005 from $1.2 billion this year. But Chinnock conceded the forecast may be a bit optimistic given current industry conditions, and warned that some suppliers may go out of business or merge. He declined to speculate which suppliers would be affected.
But already inViso Corp. has ceased operations, eMagin Corp. is seeking capital to ramp up manufacturing, and several companies, including Zight Corp., Microdisplay Corp., and Displaytech Ltd., reduced their workforce earlier this year due to the slow market, according to Chinnock.
Haviland Wright, chairman and chief executive of Displaytech, said the Carlsbad, Calif., company reduced its staff to reflect the tight conditions in the equity markets, despite closing on substantial financing in July. He added that development of high-volume manufacturing capability by its Japan-based manufacturing part- ner, Miyota Co., prompted additional staff cuts.
Three-Five Inc., Tempe, Ariz., hasn`t cut jobs, but problems with improving yield and test have delayed the introduction of its Brillian LCoS (liquid-crystal-on-silicon) microdisplays, originally slated for the beginning of the second half of 2001, a company spokesperson said.
The spokesperson declined to specify when production would begin or elaborate on the test and yield problems, but stated that such delays were not out of the ordinary for new technology.
“There`s a lack of maturity in the microdisplay manufacturing infrastructure that`s leading to product stretchouts,” Chinnock said. He added that newer technologies such as LCoS-being pursued by many microdisplay suppliers-are still being refined.
Chinnock doesn`t expect Three-Five to begin production until early 2002, adding that the delay sharply lowered the company`s 2001 revenue estimates from $20 million to $25 million to between $3 million and $4 million.
Disagreement on figures
The Three-Five spokesperson conceded that revenue expectations have been reduced, but said the company`s original revenue projections were $10 million to $20 million and not the higher figures Chinnock reported.
Still, Three-Five remains on sound financial footing, having $150.7 million in cash and no long-term debt at the end of its third quarter, ended Sept. 30.
Not all suppliers are so fortunate, however.
A maker of near-to-the-eye displays, inViso shut down because it could not obtain adequate venture capital funding to continue operating, according to Alfred Hildebrand, the company`s founder and former chief executive.
The Sunnyvale, Calif., company won several awards for innovative products such as a digital LCoS display and optical module for head-mounted displays. It`s now seeking to license its IP, Hildebrand said. “Our problems are not unique,” he said. “Raising venture capital has never been more difficult. These difficulties are not limited to the microdisplay business. It`s similar to 1984, but worse.”
Funding could challenge other microdisplay suppliers. For instance, eMagin is trying to obtain additional financing to ramp up its manufacturing, according to a company spokesperson. The Hopewell Junction, N.Y., company received a $3 million investment from Korea-based SK Corp. in September. The spokesman declined further comment on the company`s production or financial activities.
Pressure from the larger companies
Putting a further squeeze on smaller microdisplay suppliers is the increasing presence of large, well-financed, Far East-based companies, according to Chinnock. He noted, for instance, that Sony and Epson have been expanding production of high-temperature polysilicon microdisplays.
But larger companies, including those that supply components for microdisplay systems, have not been immune to the industry`s problems, either.
Revenue for Texas Instruments Inc.`s DLP products division in Plano, Texas, is slated to grow by only 10% this year, compared with 30% the previous year, according to Dennis Fritsche, manager of business products. The division sells modulators for digital light-processing components that go into displays used in office projection, home entertainment, and public arena projection systems.
“We`ve cut back production in response to lower customer demand and soaring inventories,” Fritsche said. He expects sales to rebound next year, but growth rates will be 15% to 20% rather than 30% as in previous years.
Not all suppliers have a bleak outlook, however.
Kopin Corp., Taunton, Mass., saw its microdisplay revenue rise to $6.4 million in the third quarter from $3.8 million in the second quarter, and expects a similar increase this quarter, according to John Fan, chairman and chief executive.
Fan attributed the performance to the company`s emphasis on producing transmissive-type microdisplays for consumer electronics such as camcorders and digital cameras, rather than projection-type microdisplays, a market he said had more players.
Kopin was recently awarded a $3.5 million contract by the U.S. Army to develop a full-color version of its CyberDisplay 1280, a 0.96in.-diagonal display whose monochrome counterpart resides in helmet-mounted displays for the RAH-66 Comanche Helicopter program.
Design-ins lagging
While Chinnock believes the military might spark demand for microdisplays in helmet-wearable displays in the wake of the Sept. 11 attacks, he sees other microdisplay design-ins lagging.
Chinnock noted that the near-to-the-eye display sector has been slow to develop other than for camcorder viewfinders. “Headsets for wearable computers, DVD systems, and laptop displays have not taken off, and the delay of 2.5G and 3G phones have slowed microdisplay design-ins in the communications market,” he said.
“LCoS microdisplay companies were not helped by the economic downturn,” InViso`s Hildebrand said, noting that most LCoS applications were for new products that could easily be deferred.
16-Nov-01 UNIVERSITY, OF WASHINGTON
Shareholder 6,250
MVIS Proposed Sale (Form 144).
Estimated proceeds of $87,500.
7-Sep-01 RUTKOWSKI, RICHARD F
Chief Executive Officer,Officer and Director,President 10,000
MVIS Acquired Shares via Exercise of Options at $6.40/Share.
Paper gain of $75,500 at a fair market value of $13.95/share on 7-Sep-01.
12-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 8,000
MVIS Proposed Sale (Form 144).
Estimated proceeds of $155,467.
5-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 100
MVIS Proposed Sale (Form 144).
Estimated proceeds of $2,015.
2-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 10,000
MVIS Proposed Sale (Form 144).
Estimated proceeds of $213,149.
1-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 400
MVIS Proposed Sale (Form 144).
Estimated proceeds of $5,699,360.
27-Jun-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 3,000
MVIS Proposed Sale (Form 144).
Estimated proceeds of $57,968.
8-Jun-01 ELARDI, MARGARET REV LIVING TR
Director 38,300
MVIS Proposed Sale (Form 144).
Estimated proceeds of $847,634.
20-Apr-01 WILLEY, STEPHEN R
Vice President , Director 3,400
MVIS Sold at $17.50 -- $17.92/Share.
Proceeds of $59,673.
Short Interest
As of 8-Nov-2001
Shares Short 1.14M
Percent of Float 10.7%
Shares Short
(Prior Month) 1.12M
Short Ratio 16.54
Daily Volume 69.0K
Ownership
· Insider and 5%+ Owners: 18%
· Institutional: 19% (23% of float)
(91 institutions)
· Net Inst. Buying: 77.0K shares (+3.02%)
(prior quarter to latest quarter)
--------------------------
Seit Wochen pendelt man bei 14$... innerhalb der nächsten 2 Wochen MUSS die Meldung über die Produkteinführung des NOMADs -Systems eintrudeln...
Shareholder 6,250
MVIS Proposed Sale (Form 144).
Estimated proceeds of $87,500.
7-Sep-01 RUTKOWSKI, RICHARD F
Chief Executive Officer,Officer and Director,President 10,000
MVIS Acquired Shares via Exercise of Options at $6.40/Share.
Paper gain of $75,500 at a fair market value of $13.95/share on 7-Sep-01.
12-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 8,000
MVIS Proposed Sale (Form 144).
Estimated proceeds of $155,467.
5-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 100
MVIS Proposed Sale (Form 144).
Estimated proceeds of $2,015.
2-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 10,000
MVIS Proposed Sale (Form 144).
Estimated proceeds of $213,149.
1-Jul-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 400
MVIS Proposed Sale (Form 144).
Estimated proceeds of $5,699,360.
27-Jun-01 ELARDI, MARGARET REV LIVING TR
Trust, Trustee 3,000
MVIS Proposed Sale (Form 144).
Estimated proceeds of $57,968.
8-Jun-01 ELARDI, MARGARET REV LIVING TR
Director 38,300
MVIS Proposed Sale (Form 144).
Estimated proceeds of $847,634.
20-Apr-01 WILLEY, STEPHEN R
Vice President , Director 3,400
MVIS Sold at $17.50 -- $17.92/Share.
Proceeds of $59,673.
Short Interest
As of 8-Nov-2001
Shares Short 1.14M
Percent of Float 10.7%
Shares Short
(Prior Month) 1.12M
Short Ratio 16.54
Daily Volume 69.0K
Ownership
· Insider and 5%+ Owners: 18%
· Institutional: 19% (23% of float)
(91 institutions)
· Net Inst. Buying: 77.0K shares (+3.02%)
(prior quarter to latest quarter)
--------------------------
Seit Wochen pendelt man bei 14$... innerhalb der nächsten 2 Wochen MUSS die Meldung über die Produkteinführung des NOMADs -Systems eintrudeln...
U.S. Army Awards $3.3 Million Contract to Microvision to
Design Unique Wearable Display for Medical Applications
BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 20, 2001--Microvision, Inc.
(Nasdaq:MVIS) today announced that it has been awarded a $3.3 million
development contract from the U.S. Army`s Medical Research Acquisition
Activity (USAMRAA), Telemedicine and Advanced Technology Research
Center (TATRC) for the initial phase in the development of a mobile wireless
personal display system for medical applications.
The contract supports the objectives for the Army`s INFOMEDIC concept --
a mobile medical system that will enable military surgical personnel and
medics to access, read, and transmit critical medical data via a head-worn
display, wearable computer, and wireless network. Microvision will design,
integrate, and test a head-worn mobile display solution based on its unique
retinal scanning display technology to meet the Army`s medical system
specification. The INFOMEDIC display will be developed over the next 16
months, and will leverage and build upon Microvision`s newly completed
design of the Nomad(TM) Personal Display System.
The Nomad Personal Display System is a `see-through,` high-resolution,
daylight-readable, head-worn display that augments the user`s natural
vision by merging electronic information into their field of view to bring
information to the "point of task." The Nomad display enables mobile workers
to work hands-free and head-up in any lighting condition, allowing them to
access information anywhere As a result, the Nomad system delivers major
improvements in situational awareness, productivity, safety, and precision
and provides greater versatility for mobile applications than alternative
display solutions.
"Microvision`s contract with TATRC underscores the company`s objectives
for the ongoing development of a family of personal displays based on the
Nomad product," noted Rick Rutkowski, Microvision president and CEO. "We
are just beginning initial commercial production of the Nomad system, and
this effort will pave the way for subsequent additions to the Nomad product
line that will feature enhancements in overall ergonomic design, form factor,
and performance; enhancements that will benefit a variety of military,
medical, aviation and industrial applications," said Rutkowski. "This contract
gives Microvision the opportunity to demonstrate that we can quickly
design, develop, and deploy fully integrated display systems for specific
military applications. The INFOMEDIC concept represents the future of
battlefield medicine, and indeed the future of personal information display.
We are excited about the opportunity to demonstrate the advantages that
our display technology will bring to this critical aspect of military
operations."
-----------------------------
Design Unique Wearable Display for Medical Applications
BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 20, 2001--Microvision, Inc.
(Nasdaq:MVIS) today announced that it has been awarded a $3.3 million
development contract from the U.S. Army`s Medical Research Acquisition
Activity (USAMRAA), Telemedicine and Advanced Technology Research
Center (TATRC) for the initial phase in the development of a mobile wireless
personal display system for medical applications.
The contract supports the objectives for the Army`s INFOMEDIC concept --
a mobile medical system that will enable military surgical personnel and
medics to access, read, and transmit critical medical data via a head-worn
display, wearable computer, and wireless network. Microvision will design,
integrate, and test a head-worn mobile display solution based on its unique
retinal scanning display technology to meet the Army`s medical system
specification. The INFOMEDIC display will be developed over the next 16
months, and will leverage and build upon Microvision`s newly completed
design of the Nomad(TM) Personal Display System.
The Nomad Personal Display System is a `see-through,` high-resolution,
daylight-readable, head-worn display that augments the user`s natural
vision by merging electronic information into their field of view to bring
information to the "point of task." The Nomad display enables mobile workers
to work hands-free and head-up in any lighting condition, allowing them to
access information anywhere As a result, the Nomad system delivers major
improvements in situational awareness, productivity, safety, and precision
and provides greater versatility for mobile applications than alternative
display solutions.
"Microvision`s contract with TATRC underscores the company`s objectives
for the ongoing development of a family of personal displays based on the
Nomad product," noted Rick Rutkowski, Microvision president and CEO. "We
are just beginning initial commercial production of the Nomad system, and
this effort will pave the way for subsequent additions to the Nomad product
line that will feature enhancements in overall ergonomic design, form factor,
and performance; enhancements that will benefit a variety of military,
medical, aviation and industrial applications," said Rutkowski. "This contract
gives Microvision the opportunity to demonstrate that we can quickly
design, develop, and deploy fully integrated display systems for specific
military applications. The INFOMEDIC concept represents the future of
battlefield medicine, and indeed the future of personal information display.
We are excited about the opportunity to demonstrate the advantages that
our display technology will bring to this critical aspect of military
operations."
-----------------------------
"We are just beginning initial commercial production of the Nomad system..."
Innerhalb der nächsten 10 Tage MUSS noch die offizielle press release bzgl der Einführung von Microvisions 1. Produktes (NOMAD) kommen...
Die 11 Mio$ revenue für 2001 wären somit gesichtert, anno 2002 sind bekanntlich 25 - 28 Mio$ vorgegeben, wobei sich die Einnahmen aus den 2 Produkten NOMAD (sell of 1000 units) und barcode scanner (6-7 Mio$) sowie weitere research contracts zusammen setzen werden.
Innerhalb der nächsten 10 Tage MUSS noch die offizielle press release bzgl der Einführung von Microvisions 1. Produktes (NOMAD) kommen...
Die 11 Mio$ revenue für 2001 wären somit gesichtert, anno 2002 sind bekanntlich 25 - 28 Mio$ vorgegeben, wobei sich die Einnahmen aus den 2 Produkten NOMAD (sell of 1000 units) und barcode scanner (6-7 Mio$) sowie weitere research contracts zusammen setzen werden.
Seit 2 Monaten konstant bei 14$, egal was gerade NASDAQ macht. Überhaupt keine Schwankungen für einen ansonsten stark volatilen Wert. Sieht nach einem abgekarteten Spiel aus. Heute starke Umsätze. Das Positive an heutiger news nochmals:
"We are just beginning initial commercial production of the Nomad system..."
Bei Eintreffen der entscheidenen press release rechne ich für Anfang Januar mit einer MVIS-Ralley (Voraussetzung positive NASDAQ)...
Mal sehen was sein wird.
M_3
"We are just beginning initial commercial production of the Nomad system..."
Bei Eintreffen der entscheidenen press release rechne ich für Anfang Januar mit einer MVIS-Ralley (Voraussetzung positive NASDAQ)...
Mal sehen was sein wird.
M_3
Hi
Finde es auch verwunderlich, dass MVIS bei 14$ festgenagelt ist. Mir solls recht sein. Kann so in aller Ruhe nachkaufen. Die Army hat ja einen richtigen Narren an MVIS gefressen.
Grüsse
gabi
p.s Was meinst du mit abgekartet ??
Finde es auch verwunderlich, dass MVIS bei 14$ festgenagelt ist. Mir solls recht sein. Kann so in aller Ruhe nachkaufen. Die Army hat ja einen richtigen Narren an MVIS gefressen.
Grüsse
gabi
p.s Was meinst du mit abgekartet ??
Die army wird auch weiterhin einen Batzen des R&D bezahlen, dafür sorgen gewisse members der BOD.
Wichtig ist aber die erfolgreiche Einführung der beiden Produkte, denn nach wie vor gibt es eine gewaltige short-Position die nicht an den Erfolg der Technologie glaubt. Wenn sich abzeichnet dass die Teile ein Renner werden müssen sie sich alle ganz brav eindecken...
"abgekartetes Spiel": 300 k gestern bei 2% Schwankung, evtl Finanzierungsrunde, auf jeden Fall gibt es eine kleine Gruppe die den Kurs derzeit dort haben will. Weitere Spekulationen unter yahoo.com.
Gruß M_3
Wichtig ist aber die erfolgreiche Einführung der beiden Produkte, denn nach wie vor gibt es eine gewaltige short-Position die nicht an den Erfolg der Technologie glaubt. Wenn sich abzeichnet dass die Teile ein Renner werden müssen sie sich alle ganz brav eindecken...
"abgekartetes Spiel": 300 k gestern bei 2% Schwankung, evtl Finanzierungsrunde, auf jeden Fall gibt es eine kleine Gruppe die den Kurs derzeit dort haben will. Weitere Spekulationen unter yahoo.com.
Gruß M_3
Hi
Das mit den Nomaden wird wohl heuer nichts mehr. Erster dicker Minuspunkt. Somit bleibt das Vögelchen weiter in seinem 14$ Käfig.
Frohes Neues, Michael. CU.
gabi
Hier noch die letzte PR
Microvision Delivers Helmet-Mounted Display to Boeing for ``Virtual Cockpit`` System
High-Brightness 3-D Display is a Step Into Future of Electronic Warfare
BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 27, 2001--Microvision, Inc. (Nasdaq:MVIS - news) today announced that it has delivered a prototype helmet-mounted display system to The Boeing Company`s Phantom Works facility in Seattle.
The prototype will be evaluated, along with other emerging technologies, for potential use in future military aircraft, simulation systems and other Boeing systems.
This shipment follows Microvision`s delivery and demonstration last month of a Virtual Cockpit Display system to the U.S. Army under Phase III of the Virtual Cockpit Optimization Program (VCOP). VCOP is an on-going development program in which Microvision and Boeing are supporting the Army`s vision of how a virtual cockpit would function.
The Army envisions high performance displays built into a pilot`s helmet can be employed to create an electronically enhanced view of the battle space. With VCOP as a standard issue helmet with a pair of full color, high-resolution displays, the pilot sees the image through a wrap around optical system that positions a pair of round lenses between the eyes and the helmet`s visor. An integrated head tracker cues the software to present information for head-up and head-down displays -- including flight instruments, moving maps, targeting information, and intelligence data -- that will appear to be superimposed on the aircraft instrument panel and on the real world scene outside of the aircraft.
The helmet features full stereoscopic optics and electronics (so that it can be used for both two- and three-dimensional images) and resolution of more than 1 million full color pixels, and is designed for use with Boeing`s highly sophisticated software. This software integrates real-time flight reference and sensor data with planned mission parameters to provide the pilot with a valuable tool to increase both combat effectiveness and flight safety.
``Microvision and Boeing envision that the virtual cockpit concept and its variations could be used in helicopters that are currently in the design stage, as well as in a variety of other existing military and commercial aircraft and even in ground vehicles,`` said Dr. Richard Edwards, manager of crew systems technology at Boeing Phantom Works. ``We`re extremely excited about our next phase of application and integration development work with Microvision`s display. The image quality of the display is outstanding and we are confident that the display, integrated with our software, will be an important demonstration tool for a variety of potential customers who require enhanced visualization and navigation capabilities.``
The VCOP system offers the Army important technical and cost advantages, noted Jack Clevenger, VCOP project manager for Microvision.
``Existing instruments can be hard to maintain, and, as new capabilities arise, upgrading this hardware often requires replacing or re-wiring the cockpit,`` he said. ``A virtual cockpit, however, is small, lightweight and can be readily upgraded just by changing the software. We`ve seen estimates that the cost of upgrading a VCOP system might be only one fifth that of upgrading all the integrated software and supporting elements in an existing helicopter`s avionics suite.``
The Army has set stringent image quality and color performance requirements for its next generation of rotorcraft helmet-mounted displays; performance standards unattained by conventional display technologies, noted Clevenger. ``We believe that our laser based scanning display places Microvision in a unique position to deliver a high performance yet cost-effective system solution that exceeds the Army`s demanding requirements.``
The company envisions that the virtual cockpit concept and its variations could be utilized in helicopters in the design stage, and in a variety of other military and commercial aircraft and even in ground vehicles. The goal of the VCOP system is an estimated average yearly procurement quantity of 500 systems per year and an estimated total quantity of 3,000.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products
Das mit den Nomaden wird wohl heuer nichts mehr. Erster dicker Minuspunkt. Somit bleibt das Vögelchen weiter in seinem 14$ Käfig.
Frohes Neues, Michael. CU.
gabi
Hier noch die letzte PR
Microvision Delivers Helmet-Mounted Display to Boeing for ``Virtual Cockpit`` System
High-Brightness 3-D Display is a Step Into Future of Electronic Warfare
BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 27, 2001--Microvision, Inc. (Nasdaq:MVIS - news) today announced that it has delivered a prototype helmet-mounted display system to The Boeing Company`s Phantom Works facility in Seattle.
The prototype will be evaluated, along with other emerging technologies, for potential use in future military aircraft, simulation systems and other Boeing systems.
This shipment follows Microvision`s delivery and demonstration last month of a Virtual Cockpit Display system to the U.S. Army under Phase III of the Virtual Cockpit Optimization Program (VCOP). VCOP is an on-going development program in which Microvision and Boeing are supporting the Army`s vision of how a virtual cockpit would function.
The Army envisions high performance displays built into a pilot`s helmet can be employed to create an electronically enhanced view of the battle space. With VCOP as a standard issue helmet with a pair of full color, high-resolution displays, the pilot sees the image through a wrap around optical system that positions a pair of round lenses between the eyes and the helmet`s visor. An integrated head tracker cues the software to present information for head-up and head-down displays -- including flight instruments, moving maps, targeting information, and intelligence data -- that will appear to be superimposed on the aircraft instrument panel and on the real world scene outside of the aircraft.
The helmet features full stereoscopic optics and electronics (so that it can be used for both two- and three-dimensional images) and resolution of more than 1 million full color pixels, and is designed for use with Boeing`s highly sophisticated software. This software integrates real-time flight reference and sensor data with planned mission parameters to provide the pilot with a valuable tool to increase both combat effectiveness and flight safety.
``Microvision and Boeing envision that the virtual cockpit concept and its variations could be used in helicopters that are currently in the design stage, as well as in a variety of other existing military and commercial aircraft and even in ground vehicles,`` said Dr. Richard Edwards, manager of crew systems technology at Boeing Phantom Works. ``We`re extremely excited about our next phase of application and integration development work with Microvision`s display. The image quality of the display is outstanding and we are confident that the display, integrated with our software, will be an important demonstration tool for a variety of potential customers who require enhanced visualization and navigation capabilities.``
The VCOP system offers the Army important technical and cost advantages, noted Jack Clevenger, VCOP project manager for Microvision.
``Existing instruments can be hard to maintain, and, as new capabilities arise, upgrading this hardware often requires replacing or re-wiring the cockpit,`` he said. ``A virtual cockpit, however, is small, lightweight and can be readily upgraded just by changing the software. We`ve seen estimates that the cost of upgrading a VCOP system might be only one fifth that of upgrading all the integrated software and supporting elements in an existing helicopter`s avionics suite.``
The Army has set stringent image quality and color performance requirements for its next generation of rotorcraft helmet-mounted displays; performance standards unattained by conventional display technologies, noted Clevenger. ``We believe that our laser based scanning display places Microvision in a unique position to deliver a high performance yet cost-effective system solution that exceeds the Army`s demanding requirements.``
The company envisions that the virtual cockpit concept and its variations could be utilized in helicopters in the design stage, and in a variety of other military and commercial aircraft and even in ground vehicles. The goal of the VCOP system is an estimated average yearly procurement quantity of 500 systems per year and an estimated total quantity of 3,000.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products
Happy new year! Here it comes... die "Kundenliste" ist aber eigentlich bekannt. Neues Jahr, neues Spiel, we`ll see...
Wednesday January 2, 6:45 am Eastern Time
Press Release
SOURCE: Microvision Inc.
Microvision ships first Nomad Personal Display Systems
Unique head-worn display will improve workplace productivity and safety.
BOTHELL, Wash.--(BUSINESS WIRE)--Jan. 2, 2002--Microvision, Inc. (Nasdaq:MVIS - news) today announced that it has begun shipping the first Nomad(TM)Personal Display System to customers.
The Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or ``head-up`` mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task.
The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, noted Rick Rutkowski, Microvision CEO.
The first shipments reflect the diverse applications for the Nomad system that Microvision is developing with customers and partners:
Stryker Leibinger (a division of Stryker Corporation) will
couple the Nomad system with a surgical workstation. The
display will provide surgeons with a see-through display so
they can visualize the surgical field while viewing targeting
and guidance information provided by the workstation. The
system has the potential to improve accuracy and decrease
operative time.
Telesensory, a leader in providing product solutions to assist
people with low vision, will assess the Nomad system as a
device intended to improve the ability of people with low
vision to read printed material.
EUROCONTROL, the European Agency for the Safety of Air
Navigation, will evaluate its first Nomad systems as tools to
improve visualization for air traffic controllers, potentially
reducing stress and workload, reducing delays, and improving
airport safety.
ARVIKA -- a consortium of German companies including Audi,
Siemens, Volkswagen, and Airbus -- is researching augmented
reality technologies to support development, production and
servicing of complex technical products in a user-oriented,
application-driven manner. ARVIKA will adapt Nomad systems
into its research projects. Consortium members will also
evaluate the Nomad display for their own specific near-term
applications.
``This year will be an exciting time for Microvision,`` noted Rutkowski. ``We are now shipping a ground-breaking display product that enables a whole new paradigm for how electronic information is visualized in applications from maintenance and manufacturing to air-traffic control, surgery and security. As a result of our work, the U.S. military recently awarded us contracts to further develop and enhance the Nomad display technology for both combat and medical applications. With Nomad, Microvision has the opportunity to play a role in shaping and defining a very significant new market in information technology as it develops over the next several years.``
Microvision set stringent performance expectations for the Nomad system, said Rutkowski. ``Based on feedback from customer evaluations of prototypes and the field trials we`ve conducted in the last two years, we`re confident that the Nomad display delivers a level of performance that is both essential to safe head-up visualization, and absolutely unique in the marketplace.``
Wednesday January 2, 6:45 am Eastern Time
Press Release
SOURCE: Microvision Inc.
Microvision ships first Nomad Personal Display Systems
Unique head-worn display will improve workplace productivity and safety.
BOTHELL, Wash.--(BUSINESS WIRE)--Jan. 2, 2002--Microvision, Inc. (Nasdaq:MVIS - news) today announced that it has begun shipping the first Nomad(TM)Personal Display System to customers.
The Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or ``head-up`` mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task.
The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, noted Rick Rutkowski, Microvision CEO.
The first shipments reflect the diverse applications for the Nomad system that Microvision is developing with customers and partners:
Stryker Leibinger (a division of Stryker Corporation) will
couple the Nomad system with a surgical workstation. The
display will provide surgeons with a see-through display so
they can visualize the surgical field while viewing targeting
and guidance information provided by the workstation. The
system has the potential to improve accuracy and decrease
operative time.
Telesensory, a leader in providing product solutions to assist
people with low vision, will assess the Nomad system as a
device intended to improve the ability of people with low
vision to read printed material.
EUROCONTROL, the European Agency for the Safety of Air
Navigation, will evaluate its first Nomad systems as tools to
improve visualization for air traffic controllers, potentially
reducing stress and workload, reducing delays, and improving
airport safety.
ARVIKA -- a consortium of German companies including Audi,
Siemens, Volkswagen, and Airbus -- is researching augmented
reality technologies to support development, production and
servicing of complex technical products in a user-oriented,
application-driven manner. ARVIKA will adapt Nomad systems
into its research projects. Consortium members will also
evaluate the Nomad display for their own specific near-term
applications.
``This year will be an exciting time for Microvision,`` noted Rutkowski. ``We are now shipping a ground-breaking display product that enables a whole new paradigm for how electronic information is visualized in applications from maintenance and manufacturing to air-traffic control, surgery and security. As a result of our work, the U.S. military recently awarded us contracts to further develop and enhance the Nomad display technology for both combat and medical applications. With Nomad, Microvision has the opportunity to play a role in shaping and defining a very significant new market in information technology as it develops over the next several years.``
Microvision set stringent performance expectations for the Nomad system, said Rutkowski. ``Based on feedback from customer evaluations of prototypes and the field trials we`ve conducted in the last two years, we`re confident that the Nomad display delivers a level of performance that is both essential to safe head-up visualization, and absolutely unique in the marketplace.``
Die PR heute ist sehr eigenartig und für mich nicht sonderlich erfreulich, da man nicht viel erfährt. Die "Kundenliste" besteht exakt aus bisherigen Abnehmern von Prototypen des NOMAD-systems. Man erfährt nichts über geplante Stückzahl (bleibt es bei den mal erwähnten 1000 units für 2002?), Ausbau der Fertigungsbereiche (mass production???), neue Kunden scheinbar keine. Selbst die PR von Ende Dez war im Prinzip keine neue, siehe Oktober. Und wie gesagt, wenn man die "Kundenliste" mit der Liste der bisherigen Abnehmer für Prototypen austauscht hat man ebenfalls keine neue PR.
Nicht gut also!
Dann noch der Kursverlauf heute. Gewaltige Blöcke werden um die 14.10$ getradet, in der letzten Handelsstunde dann doch noch ein upmove auf 15.16$ Schlußkurs. Wer hat verkauft, wer gekauft? Auf nichts derzeit eine klare Antwort.
Wenn man in Betracht zieht das NOMAD schon mal angekündigt war und sich dann noch verschoben hat ein wenig erfreulich dass keine erneute Verzögerung auftritt.
Die Rechnung für 2002 ist einfach (nach bisherigen Angaben Rick R.s):
1000 units NOMAD = ca 10 Mio$
Barcode scanner = ca 6/7 Mio$
army contracts u.a. = ca 11 Mio$
----------------------------------
Prognosen ca 25-28 Mio$
Um Lumera ist Totenstille, gefällt mir auch nicht. We`ll see.
Michael
Nicht gut also!
Dann noch der Kursverlauf heute. Gewaltige Blöcke werden um die 14.10$ getradet, in der letzten Handelsstunde dann doch noch ein upmove auf 15.16$ Schlußkurs. Wer hat verkauft, wer gekauft? Auf nichts derzeit eine klare Antwort.
Wenn man in Betracht zieht das NOMAD schon mal angekündigt war und sich dann noch verschoben hat ein wenig erfreulich dass keine erneute Verzögerung auftritt.
Die Rechnung für 2002 ist einfach (nach bisherigen Angaben Rick R.s):
1000 units NOMAD = ca 10 Mio$
Barcode scanner = ca 6/7 Mio$
army contracts u.a. = ca 11 Mio$
----------------------------------
Prognosen ca 25-28 Mio$
Um Lumera ist Totenstille, gefällt mir auch nicht. We`ll see.
Michael
Habe es geahnt, Kursentwicklung zum Kotzen.
Die bisherigen Abnehmer sind in der Tat nun auch Kunden von MVIS, über Stückzahl ist aber nichts bekannt. Man plant tatsächlich den Verkauf von 1000 units dieses Jahr, wobei ein NOMAD zw. 8000$ - 12000$ kostet, je nach Ordergröße. Also: sagen wir 8000$...
Flic soll nach wie vor in Q2 rauskommen, kann mir aber nicht vorstellen dass sie dann mal so kurz 6 - 7 Mio$ Umsatz in 6 Monaten damit machen.
Alles in allem ist MVIS derzeit lediglich ein HOLD, nicht mehr. Einen Grund zum Kauf gibt es nicht (zum shorten aber auch nicht), da keine Fantasie in diesem Wert vorhanden ist - derzeit. Lumera liefert rein gar nichts, geplant war Produktionsstart anno 2002, man hat lediglich einen lächerlichen Forschungsauftrag in Höhe von 1,x Mio$.
Einzige Möglichkeit für Kurssteigerungen: showcase-event sorgt für weitere Institutionelle. Davon gehe ich aber nicht aus. armyaufträge werden mit der Zeit auch reinkommen, aber es interessiert niemanden.
Finanzierung ist und bleibt dauerhaft gesichert. Nicht verwunderlich dass man sich im Herbst nochmal 11 Mio$ beschaft hat.
Charttechnisch sind die 15$ nicht zu knacken, trotz massiver Unterstützuing seitens NASDAQ - jämmerlich.
Soviel für heute.
M_3
Die bisherigen Abnehmer sind in der Tat nun auch Kunden von MVIS, über Stückzahl ist aber nichts bekannt. Man plant tatsächlich den Verkauf von 1000 units dieses Jahr, wobei ein NOMAD zw. 8000$ - 12000$ kostet, je nach Ordergröße. Also: sagen wir 8000$...
Flic soll nach wie vor in Q2 rauskommen, kann mir aber nicht vorstellen dass sie dann mal so kurz 6 - 7 Mio$ Umsatz in 6 Monaten damit machen.
Alles in allem ist MVIS derzeit lediglich ein HOLD, nicht mehr. Einen Grund zum Kauf gibt es nicht (zum shorten aber auch nicht), da keine Fantasie in diesem Wert vorhanden ist - derzeit. Lumera liefert rein gar nichts, geplant war Produktionsstart anno 2002, man hat lediglich einen lächerlichen Forschungsauftrag in Höhe von 1,x Mio$.
Einzige Möglichkeit für Kurssteigerungen: showcase-event sorgt für weitere Institutionelle. Davon gehe ich aber nicht aus. armyaufträge werden mit der Zeit auch reinkommen, aber es interessiert niemanden.
Finanzierung ist und bleibt dauerhaft gesichert. Nicht verwunderlich dass man sich im Herbst nochmal 11 Mio$ beschaft hat.
Charttechnisch sind die 15$ nicht zu knacken, trotz massiver Unterstützuing seitens NASDAQ - jämmerlich.
Soviel für heute.
M_3
Interessante Info...
http://www.nasdaq.com/asp/Holdings.asp?FormType=Institutiona… ol=MVIS`&SortBy=shares_held&Descending=D&strFilter=T&PageNum=1
Könnte die Klärung der Frage sein, wer sich im abgelaufenen Quartal mit MVIS für 14$ die ganze Zeit über eingedeckt hat. In der Tat sind 300000 shares bzw 45% increase sehr sehr viel.
http://www.nasdaq.com/asp/Holdings.asp?FormType=Institutiona… ol=MVIS`&SortBy=shares_held&Descending=D&strFilter=T&PageNum=1
Könnte die Klärung der Frage sein, wer sich im abgelaufenen Quartal mit MVIS für 14$ die ganze Zeit über eingedeckt hat. In der Tat sind 300000 shares bzw 45% increase sehr sehr viel.
Exclusive Reports
From the November 23, 2001 print edition
Microvision perfects its imaging
Company ready to unveil retinal scanning product
Steve Wilhelm Staff Writer
Rick Rutkowski can almost see the end of Microvision Inc.`s nine-year money-losing gestation.
In December the Bothell company will start shipping the somewhat-delayed Nomad, the first of a line of devices that will scan television or computer images directly onto the light-sensitive retina at the back of a user`s eye.
Then in January Microvision will begin importing Flic, an inexpensive bar-code scanner using a derivative of Microvision`s core technology. Rutkowski hopes Flic will generate immediate profits as the company ramps up its more complex retinal imaging products.
While the Flic is a niche, Rutkowski is focusing the company`s future on retinal scanning. He envisions a future when technicians, surgeons and pilots will use his company`s retinal scanning products to view technical data while they simultaneously focus on the tasks before them. Empowered by this overlay of data, people will be able to fix equipment faster, perform surgery more accurately, and fly aircraft more skillfully than they can today.
And with 51 patents in hand and another 80 pending, Microvision stands to dominate its market with no significant competitors in sight, Rutkowski said.
"It`s the type of product that will be a market-defining product. It will define a whole category of information technology," he said.
The next step will be making money. Ragen MacKenzie analyst Peter Jacobs, the only person covering the company, expects Microvision will lose $2.70 a share in 2002 on about $22 million in revenues, and won`t make a profit for three to four years. The company, however, projects about $25 million to $28 million in 2002 revenues.
"I think the company has groundbreaking technology, however, I think it might take a couple more years for them to see substantial revenue growth," Jacobs said.
The tiny company is attracting widespread attention from potential customers, including giants of government and industry. On Oct. 11 Microvision shipped a prototype heads-up display system to Ford Motor Co., and six days later delivered a prototype heads-up helmet to the U.S. Army. About half of Microvision`s revenues are from the U.S. government.
The technology`s potential has attracted investors including Durham, N.C.-based Cree Inc. (a leading manufacturer of liquid crystal display technology) and the General Electric Pension Trust, which together invested $25 million in Microvision 18 months ago. In October, publicly traded Microvision raised $11 million through a private placement. Currently the company has enough capital to operate through 2002, Rutkowski said.
Microvision intends to work directly with customers to adapt the basic Nomad to specific applications. Two medical companies already trying to develop Nomad-based products are Telesensory Inc., a Sunnyvale, Calif.-based maker of television-based equipment to help near-blind people read; and Kalamazoo, Mich.-based Stryker Corp., which makes equipment for surgeons.
Edward Long, president and CEO of Telesensory, said he believes the technology could free his customers from being bound to large consoles in order to read.
"In the future, it has tremendous potential, if we could build volumes and drive the prices down, to make it a viable consumer product," he said.
Reach Steve Wilhelm at 206-447-8505 ext. 113 or swilhelm@bizjournals.com
From the November 23, 2001 print edition
Microvision perfects its imaging
Company ready to unveil retinal scanning product
Steve Wilhelm Staff Writer
Rick Rutkowski can almost see the end of Microvision Inc.`s nine-year money-losing gestation.
In December the Bothell company will start shipping the somewhat-delayed Nomad, the first of a line of devices that will scan television or computer images directly onto the light-sensitive retina at the back of a user`s eye.
Then in January Microvision will begin importing Flic, an inexpensive bar-code scanner using a derivative of Microvision`s core technology. Rutkowski hopes Flic will generate immediate profits as the company ramps up its more complex retinal imaging products.
While the Flic is a niche, Rutkowski is focusing the company`s future on retinal scanning. He envisions a future when technicians, surgeons and pilots will use his company`s retinal scanning products to view technical data while they simultaneously focus on the tasks before them. Empowered by this overlay of data, people will be able to fix equipment faster, perform surgery more accurately, and fly aircraft more skillfully than they can today.
And with 51 patents in hand and another 80 pending, Microvision stands to dominate its market with no significant competitors in sight, Rutkowski said.
"It`s the type of product that will be a market-defining product. It will define a whole category of information technology," he said.
The next step will be making money. Ragen MacKenzie analyst Peter Jacobs, the only person covering the company, expects Microvision will lose $2.70 a share in 2002 on about $22 million in revenues, and won`t make a profit for three to four years. The company, however, projects about $25 million to $28 million in 2002 revenues.
"I think the company has groundbreaking technology, however, I think it might take a couple more years for them to see substantial revenue growth," Jacobs said.
The tiny company is attracting widespread attention from potential customers, including giants of government and industry. On Oct. 11 Microvision shipped a prototype heads-up display system to Ford Motor Co., and six days later delivered a prototype heads-up helmet to the U.S. Army. About half of Microvision`s revenues are from the U.S. government.
The technology`s potential has attracted investors including Durham, N.C.-based Cree Inc. (a leading manufacturer of liquid crystal display technology) and the General Electric Pension Trust, which together invested $25 million in Microvision 18 months ago. In October, publicly traded Microvision raised $11 million through a private placement. Currently the company has enough capital to operate through 2002, Rutkowski said.
Microvision intends to work directly with customers to adapt the basic Nomad to specific applications. Two medical companies already trying to develop Nomad-based products are Telesensory Inc., a Sunnyvale, Calif.-based maker of television-based equipment to help near-blind people read; and Kalamazoo, Mich.-based Stryker Corp., which makes equipment for surgeons.
Edward Long, president and CEO of Telesensory, said he believes the technology could free his customers from being bound to large consoles in order to read.
"In the future, it has tremendous potential, if we could build volumes and drive the prices down, to make it a viable consumer product," he said.
Reach Steve Wilhelm at 206-447-8505 ext. 113 or swilhelm@bizjournals.com
Prädikat sehr interessant...
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
Prädikat sehr interessant...
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
Prädikat "sehr interessant"...
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
Prädikat "sehr interessant"...
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
http://www.spectrum.ieee.org/WEBONLY/publicfeature/jan02/roa…
Expect cars of the future to keep a close eye on what the driver is doing and even take over in a crisis
Building Safer Cars
By Willie D. Jones, Assistant Editor
In the future, cars will help make the world`s roads nearly accident free. Humans are fallible: we get sleepy while driving at night, do dumb things like put on makeup or shave while creeping along in bumper-to-bumper traffic, or look away from the road to adjust our car radios. But cars will soon make road travel safer by looking over drivers` shoulders, so to speak, keeping their attention from being pulled away from the road, and finding ways to reduce the hazard should a driver`s focus stray.
To this end, researchers envision smart systems that give the driver "the right information, in the right way, at the right time," to quote Mike Gardner, director of Motorola Laboratories` Human Interface Lab, Phoenix, Ariz. At Motorola, Delphi Safety & Interior Systems, Troy, Mich., and DaimlerChrysler`s Ulm Research Center in southern Germany, R&D programs are advancing toward a smart car capable of reducing the number of stimuli, some of them simultaneous, to which a driver must react, or taking over elements of the driving task such as braking or steering. These and other companies are developing adaptive cruise control (ACC) systems, which combine radar- or laser-based sensors that scan the road ahead with throttle and brake actuators, to maintain a safe, preset minimum distance between cars in the same lane [see "Keeping Cars from Crashing," IEEE Spectrum, September 2001, pp. 40-45].
Now in its early stages, the work will take shape over time, as innovations from around the world are combined into ever more refined subsystems with sensing and control capabilities. By the end of the decade, these subsystems will allow cars not only to periodically take over tasks from the driver but also to ensure that the driver is not overwhelmed by a deluge of information from the road and from electronic devices in the cabin [see illustration], let alone by sleep.
Motorola`s, Delphi`s, and DaimlerChrysler`s wish lists for these smart cars are very similar in what they will sense and tell the driver. In order to perform tasks such as steering, maintaining following distance, or alerting the driver who is not paying close enough attention to the road, cars will need to know, physiologically speaking, what the driver is up to. Sensors in the passenger cabin will gather this data, monitoring, for example, his or her movements, eye-blink pattern, and respiration. This data will be combined with information from sensors measuring such behavior as the number and the severity of the steering corrections the driver uses to keep the car in its lane.
All this data will be screened for signs of a distracted or disabled driver by processors programmed with neural network algorithms. These will assess whether the driver is about to doze off or is preoccupied with tasks other than driving. Engineers even imagine cars some day attempting to rouse drowsy drivers by causing their seats to vibrate, lowering the windows to provide a gust of cool air, or simply telling them to pull off the road.
Systems designed to monitor many outside conditions are also being developed. ACC and forward-, rear-, and side-impact warning systems will work with other vehicle-based sensor systems that warn of wet, frozen, or snowy roads or improper tire pressure. Communications systems will monitor local weather broadcasts and will also alert the driver to upcoming hazards (say, an oil spill or a major collision) relayed from the roadside by digital short-range communications.
Data of this type will be fed into so-called workload management systems--control centers of systems designed to reduce driver distraction. Suppose data from a system tracking the driver`s eye movements indicates that she is looking not at the road but at the center console, while data from the GPS mapping system reveals that she is attempting to chart a new route. At that point the workload management system might take over, telling the driver something like, "For safety reasons, navigation information will be presented as audible prompts," and shutting off the navigation system`s display. Or someday a driver may have a mobile phone call abruptly disconnected should the car sense impending danger.
Two design philosophies
An important distinction between Motorola`s system and those proposed by DaimlerChrysler and Delphi will be in their allocation of driving tasks. The latter two will decide which driving tasks should be performed by the driver and which should be delegated to the car, whereas Motorola engineers, fearing that the transfer of control between driver and vehicle may itself breed accidents, will limit its system to controlling the information the driver receives [see "Cars Won`t Drive Themselves"].
Motorola`s Driver Advocate System, said Gardner, ranks each type of information on the basis of its relative importance. Naturally, information critical to the driver`s safety, such as a warning of an impending collision, is given highest priority. Lower-priority information, such as a stock quote made available through the car`s Internet connection, is held in a queue if the car senses the driver is preoccupied. Theoretically, if the car senses it is rapidly accelerating, as when entering an expressway, Motorola`s driver advocate may transfer an incoming cell phone call directly to voice mail, while flashing the position and relative speeds of nearby vehicles on, say, a head-up display. When the system senses an easing of the driver`s information load, it could present the items in the queue, choosing the best distraction-free way to deliver them.
The Delphi System, like Motorola`s, will also limit the number of stimuli to which the driver must respond, but will go further and, if need be, take over the driving task. If it senses that the driver is not alert, it will spring into action, first increasing the distance between cars maintained by the ACC. According to a 1992 study by Daimler-Benz, this alone could prevent nearly 90 percent of rear-end collisions.
The Delphi system will also, in a limited set of circumstances, override the driver`s actions to correct for common errors like over- or understeering on turns or driving too fast when the road is wet. If the driver continues to depress the accelerator after repeated visual or audible warnings that, say, a vehicle is zooming in from a cross street, the safety system will take over, slowing the car down.
An automated decision could even steer a car out of trouble. Steer-by-wire is a system that has appeared in the concept vehicles produced for exhibit at auto shows by carmakers such as DaimlerChrysler and BMW. The experimental technology [see "By-Wire Cars Turn the Corner," IEEE Spectrum, April 2001, pp. 68-73] eliminates the mechanical connection between the steering wheel and the road wheels and replaces it with electronic links and actuators that respond to driver input. Should the car`s antilock braking system be unable to restore traction on a wet road, the vehicle will be able to override a driver`s panicked wrenching of the steering wheel by turning the wheels in whatever direction its traction recovery system, collision avoidance sensors, and GPS mapping system suggest will allow the car to regain footing or get to the side of the road without causing an accident.
DaimlerChrysler`s plans are even more ambitious. The carmaker says it is a few years away from perfecting a system that is the closest thing yet to automated driving. Engineers at the Ulm facility have equipped an E-Class Mercedes-Benz sedan with stereo video cameras and an image-processing system that together can generate a 3-D image of everything in the car`s field of view--including pedestrians--in 100 ms. The imaging system`s software architecture is arranged as a series of modules that focus on separate elements in a car`s environment. Vetting images this way will allow cars to maintain a safe distance from the curb or road edge, recognize lane markings as well as moving and stationary vehicles and pedestrians, and respond to road signs, traffic lights, crosswalks, and directions painted on the pavement.
Watching out for speeders
Europeans are jumping ahead with field trials of a technology that overrides the driver`s actions. A case in point is the Intelligent Speed Adaptation (ISA) system sponsored in the UK by Leeds University and the Motor Industry Research Association (now MIRA Ltd.), Nuneaton, Warwickshire. An in-car GPS system programmed with detailed road maps produced for the project tracks the vehicle, telling the ISA if the car enters, say, a 50-km/h zone. If the vehicle doesn`t slow to the posted speed, the ISA system can give a warning or, when linked to the vehicle`s fuel supply, ignition, and braking, can slow the car automatically.
Also under way is the development of systems that are more advanced than current ACC but less complex than Delphi`s and Motorola`s. A good illustration is the Automotive Collision Avoidance Systems (ACAS) program, a study conducted by Delphi-Delco Electronic Systems, of Kokomo, Ind., and General Motors with funding from the U.S. National Highway Transportation Safety Administration (NHTSA). ACAS has successfully demonstrated a combination of ACC and forward collision warning.
--------------------------------------------------------------------------------
Points to Ponder
LIKE CLOCKWORK Every minute, on average, at least one person somewhere in the world dies in a car crash.
AT A LOSS Annual costs associated with crashes (like hospital bills and damaged property) total nearly 3 percent of the world`s gross domestic product (GDP). In 2000, the GDP exceeded US $31.3 trillion.
--------------------------------------------------------------------------------
Today`s ACC systems rely on yaw-rate and vehicle-speed sensors to focus the car`s forward-facing radar or laser devices. This arrangement keeps good track of the car ahead of the host car but is less effective if the host vehicle is on a straight section of road while the vehicle ahead has entered a curve or vice versa. So for the past two years, prototype vehicles that go a step further have been tested on simulators and test tracks by Delphi and GM, plus their partners, Hughes Research Laboratories, the Environmental Research Institute of Michigan, the University of California at Davis, and Systems Technology. To improve the focus of the forward collision sensors, the team has added cameras that track a vehicle`s position in the lane (and may later be used for warnings about lane-keeping and road departure) plus a GPS data map that continuously updates the car`s location and reports the shape of the road ahead. This enhancement can also be used to adjust the aim of a car`s headlights.
Making the decisions
Sorting out this data (plus inputs from the ACC system) and deciding how the car should respond is the job of what Ron Colgin, a GM engineer who is director of the ACAS project, calls a data fusion package. It is essentially a computer programmed with algorithms that govern whether the car will issue a warning in a given situation. This package is a likely progenitor of future workload management systems that will coordinate streams of data coming from dozens of sensors.
According to Colgin, by the end of the year the ACAS program plans to have built 13 consumer-ready vehicles equipped with ACC and forward collision warning. Each will present four collision-warning levels to the driver on a head-up display projected on the windshield. The final-stage alert (when the interval between the host car and the one ahead is 1.6 seconds or less) will also be audible.
The Australian National University in Canberra, with assistance from AB Volvo, Göteborg, Sweden, also has under way a system for sensing where a driver is looking. FaceLAB is a face- and gaze-tracking system that captures and processes facial images using a monochrome stereo camera hardwired to a paperback-book-sized Pentium III 1-GHz workstation running Windows 2000. Proprietary algorithms use the image sequences to home in on facial landmarks such as the lips, nose, and eyes. This filtering, said the system`s developers, yields head position and orientation measurements accurate to within 1 mm and 2 degrees.
Once the system has acquired enough data to determine the head position, it focuses on the eyes. Each of the two image-capturing devices generates a data stream for each eye, yielding four sources that the processor can use to estimate where the driver is looking. Should the driver wink or rub one eye, or if bright light saturates the video image on one side of the face, enough data is still transmitted to make a good gaze-direction estimate.
To keep drivers looking up, the Eye Cue Head-Up Display produced by Delphi has already been integrated into a few of General Motors` high-end vehicles. Head-up displays introduced last autumn by Siemens VDO Automotive AG, Frankfurt, Germany, and Microvision Inc., Bothell, Wash., are being reviewed by several auto manufacturers.
Challenges ahead
With all this work, researchers are only just beginning to plumb the depths of driver distraction. The O`Jays, a soul music recording group that had its heyday in the 1970s, used to sing, "Your body`s here with me, but your mind is on the other side of town." Likewise, a driver whose eyes face forward and whose hands rest properly on the steering wheel--someone who is, by biosensor standards, awake and alert--can be seething about a work project, thinking about errands, or organizing tomorrow`s to-do list.
Penetrating these and similar states of distraction is by far the most difficult challenge for researchers. Advances in medical electronics have recently begun to give engineers dreaming of accident-free cars a clue as to what goes on in the human brain during driving. But these advances and other strides made by experts in human factors and cognitive studies notwithstanding, we are still a long way from a system that can read a driver`s mind.
--------------------------------------------------------------------------------
ARTWORK: PETE MCARTHUR
Hallo Michael,
wie du weisst bin ich bei MVIS schon lange "auf einem Auge blind". Nachdem ich die Displays damals in Bothell ausprobiert habe und das Management kennengelernt habe bin ich davon überzeugt dass dies eine der Schlüsseltechnologien des 21. Jahrhunderts ist. Solange wir den Sehnerv nicht direkt anzapfen können, gibt es einfach nichts besseres als VRD.
Dies bedeutet natürlich nicht, dass man als Aktionär in einer absehbaren Zeit zum Multimillionär werden muss.
Für mich sind die folgenden Punkte extrem wichtig:
1) MVIS muss IMMER MINDESTENS GENUG CASH FÜR 1 JAHR in der Bilanz haben (diesen Test besteht die Aktie im Gegensatz zu beispielsweise XYBR)
2) MVIS muss anfangen Produktumsätze auszuweisen (wir werden sehen)
3) MVIS braucht Partner für die Fertigung (Wahsin Lihwa für die MEMS, ??? für die Endprodukte)
4) keiner der big 3 (Rutkowski, Wiley, Raisig) darf im grösseren Umfang Aktien verkaufen oder die Firma verlassen
Alles andere wie Lumera oder Gemfire ist nett aber es war für mich kein Grund in MVIS zu investieren. Ebensowenig ist es jetzt ein Grund zu verkaufen.
Ich denke es ist eine günstige Gelegenheit jeden Monat eine kleine Stückzahl zu kaufen und so abzuwarten wann der Preis steil ansteigt und dass er es irgendwann einmal machen wird, da bin ich überzeugt. Ich habe allerdings bereits genug Aktien (und muss bis auf weiteres jeden Monat dem Finanzamt einen grösseren Scheck schicken) so dass ich nicht weiter kaufe.
Das verrückte an MVIS ist halt, dass es jederzeit losgehen kann, es braucht nur eine Meldung wie "UPS kauft 5.000 NOMAD equipped MA V von Xybernaut" oder "FORD wird ab dem Modelljahr 2005 in allen Topmodellen ein MVIS HUD installieren" oder ...
Wer die Möglichkeit hat zu warten (ggf. noch weitere Jahre) wird irgendwann aufwachen und positiv überrascht sein.
Ein frohes neues Jahr
Ronald
PS Schau dir mal REFR an, bei denen bin ich genauso stark und genauso lange investiert wie bei MVIS und für die bin ich auch auf einen Zeitraum von 2 Jahren extrem optimistisch gestimmt
wie du weisst bin ich bei MVIS schon lange "auf einem Auge blind". Nachdem ich die Displays damals in Bothell ausprobiert habe und das Management kennengelernt habe bin ich davon überzeugt dass dies eine der Schlüsseltechnologien des 21. Jahrhunderts ist. Solange wir den Sehnerv nicht direkt anzapfen können, gibt es einfach nichts besseres als VRD.
Dies bedeutet natürlich nicht, dass man als Aktionär in einer absehbaren Zeit zum Multimillionär werden muss.
Für mich sind die folgenden Punkte extrem wichtig:
1) MVIS muss IMMER MINDESTENS GENUG CASH FÜR 1 JAHR in der Bilanz haben (diesen Test besteht die Aktie im Gegensatz zu beispielsweise XYBR)
2) MVIS muss anfangen Produktumsätze auszuweisen (wir werden sehen)
3) MVIS braucht Partner für die Fertigung (Wahsin Lihwa für die MEMS, ??? für die Endprodukte)
4) keiner der big 3 (Rutkowski, Wiley, Raisig) darf im grösseren Umfang Aktien verkaufen oder die Firma verlassen
Alles andere wie Lumera oder Gemfire ist nett aber es war für mich kein Grund in MVIS zu investieren. Ebensowenig ist es jetzt ein Grund zu verkaufen.
Ich denke es ist eine günstige Gelegenheit jeden Monat eine kleine Stückzahl zu kaufen und so abzuwarten wann der Preis steil ansteigt und dass er es irgendwann einmal machen wird, da bin ich überzeugt. Ich habe allerdings bereits genug Aktien (und muss bis auf weiteres jeden Monat dem Finanzamt einen grösseren Scheck schicken) so dass ich nicht weiter kaufe.
Das verrückte an MVIS ist halt, dass es jederzeit losgehen kann, es braucht nur eine Meldung wie "UPS kauft 5.000 NOMAD equipped MA V von Xybernaut" oder "FORD wird ab dem Modelljahr 2005 in allen Topmodellen ein MVIS HUD installieren" oder ...
Wer die Möglichkeit hat zu warten (ggf. noch weitere Jahre) wird irgendwann aufwachen und positiv überrascht sein.
Ein frohes neues Jahr
Ronald
PS Schau dir mal REFR an, bei denen bin ich genauso stark und genauso lange investiert wie bei MVIS und für die bin ich auch auf einen Zeitraum von 2 Jahren extrem optimistisch gestimmt
Hi
Nehme den Minuspunkt für das verzögerte shipment der Nomaden wieder zurück.
Ist das in diesem Artikel beschriebene in-helmet Display, das von MVIS? Die Beschreibung passt. Ich dachte nur, dass MVIS mit Boeing in der Kiste liegt.
gabi
http://www.business2.com/articles/mag/0,1640,36731,FF.html
cockpit of the future
Inside the Joint Strike Fighter
Lockheed Martin`s contract-winning prototype for tomorrow`s jet fighter takes the autopilot concept to a whole new level.
By David H. Freedman, February 2002 Issue
Forget the fact that Lockheed Martin`s (LMT) prototype X-35 -- the Joint Strike Fighter that will begin replacing conventional fighter aircraft in 2008 -- flies as fast as Mach 1.8 and is virtually invisible to radar, its munitions cleverly tucked under its composite skin. Or even that it can hover and land straight down like a helicopter, thanks to a massive, jet-engine-driven fan behind the cockpit.
It`s the avionics and ergonomic controls inside the $35 million JSF that stand as the real marvels of engineering. A true command post of the future, the JSF`s cockpit seamlessly plugs the pilot`s skills and judgment into the aircraft`s many computer-controlled systems, which are backed by some 2.6 million lines of software code. Through a 20-inch-wide flat-screen monitor -- controlled by touch, fingertip switches on a joystick, or voice command -- a pilot can call up and interchange information windows in any size or position that meets the constantly changing demands of the mission. After navigating to a target, for example, the pilot might replace a global positioning system map with a weapons-control window and prepare to fire.
So highly automated are the cockpit systems that even a novice can fly a JSF undetected into heavily patrolled airspace, dodge antiaircraft batteries, shoot down a few bogies, and return safely to a vertical landing on a small ship`s deck. I know. I did all that on Lockheed`s flight simulator when reporting this story. Eat your heart out.
In-helmet display system
A special apparatus mounted in front of the pilot`s eye projects an image onto his retina so that navigation and targeting information appears to float in space wherever he looks. At night the display can render a computer-generated image of the surrounding terrain, keyed to the pilot`s head position. If the pilot looks down toward his lap, for example, he`ll see an image of the terrain underneath the aircraft, as if looking straight through the plane`s underbelly.
Hover control
In the version of the JSF designed for the Marine Corps, the pilot can go into hover mode simply by keying a switch on the multifunction throttle stick, and then using the stick to control the downward blasts of air from the giant fan in the belly of the aircraft, allowing helicopter-like climbs and descents.
Auto-targeting
Pilots use a multibutton control stick or voice commands to interact with the large flat-panel display. Its four interchangeable windows -- showing targeting and navigation images and data -- will help guide a pilot to a target, automatically lock on the target, and signal weapons to fire at precisely the right moment. Other displays distinguish friendly from enemy aircraft, and flash alerts when they identify immediate threats like ground-to-air missiles. The system automatically locks weapons onto such threats, so that the pilot need only pull the trigger. Pilots can also indicate an intended landing spot on the display, and the computers will take over to provide a smooth descent.
Virtual radar
To remain invisible to enemy aircraft, the pilot can switch from standard onboard radar (which will identify aircraft or missiles, but which is detectable by the enemy) to a stealthier "virtual radar" system in which radar data of other friendly aircraft are transmitted to the JSF. The pilot can also use heat-sensing infrared imaging or sensors that detect the electronic signatures of other aircraft.
Nehme den Minuspunkt für das verzögerte shipment der Nomaden wieder zurück.
Ist das in diesem Artikel beschriebene in-helmet Display, das von MVIS? Die Beschreibung passt. Ich dachte nur, dass MVIS mit Boeing in der Kiste liegt.
gabi
http://www.business2.com/articles/mag/0,1640,36731,FF.html
cockpit of the future
Inside the Joint Strike Fighter
Lockheed Martin`s contract-winning prototype for tomorrow`s jet fighter takes the autopilot concept to a whole new level.
By David H. Freedman, February 2002 Issue
Forget the fact that Lockheed Martin`s (LMT) prototype X-35 -- the Joint Strike Fighter that will begin replacing conventional fighter aircraft in 2008 -- flies as fast as Mach 1.8 and is virtually invisible to radar, its munitions cleverly tucked under its composite skin. Or even that it can hover and land straight down like a helicopter, thanks to a massive, jet-engine-driven fan behind the cockpit.
It`s the avionics and ergonomic controls inside the $35 million JSF that stand as the real marvels of engineering. A true command post of the future, the JSF`s cockpit seamlessly plugs the pilot`s skills and judgment into the aircraft`s many computer-controlled systems, which are backed by some 2.6 million lines of software code. Through a 20-inch-wide flat-screen monitor -- controlled by touch, fingertip switches on a joystick, or voice command -- a pilot can call up and interchange information windows in any size or position that meets the constantly changing demands of the mission. After navigating to a target, for example, the pilot might replace a global positioning system map with a weapons-control window and prepare to fire.
So highly automated are the cockpit systems that even a novice can fly a JSF undetected into heavily patrolled airspace, dodge antiaircraft batteries, shoot down a few bogies, and return safely to a vertical landing on a small ship`s deck. I know. I did all that on Lockheed`s flight simulator when reporting this story. Eat your heart out.
In-helmet display system
A special apparatus mounted in front of the pilot`s eye projects an image onto his retina so that navigation and targeting information appears to float in space wherever he looks. At night the display can render a computer-generated image of the surrounding terrain, keyed to the pilot`s head position. If the pilot looks down toward his lap, for example, he`ll see an image of the terrain underneath the aircraft, as if looking straight through the plane`s underbelly.
Hover control
In the version of the JSF designed for the Marine Corps, the pilot can go into hover mode simply by keying a switch on the multifunction throttle stick, and then using the stick to control the downward blasts of air from the giant fan in the belly of the aircraft, allowing helicopter-like climbs and descents.
Auto-targeting
Pilots use a multibutton control stick or voice commands to interact with the large flat-panel display. Its four interchangeable windows -- showing targeting and navigation images and data -- will help guide a pilot to a target, automatically lock on the target, and signal weapons to fire at precisely the right moment. Other displays distinguish friendly from enemy aircraft, and flash alerts when they identify immediate threats like ground-to-air missiles. The system automatically locks weapons onto such threats, so that the pilot need only pull the trigger. Pilots can also indicate an intended landing spot on the display, and the computers will take over to provide a smooth descent.
Virtual radar
To remain invisible to enemy aircraft, the pilot can switch from standard onboard radar (which will identify aircraft or missiles, but which is detectable by the enemy) to a stealthier "virtual radar" system in which radar data of other friendly aircraft are transmitted to the JSF. The pilot can also use heat-sensing infrared imaging or sensors that detect the electronic signatures of other aircraft.
Hi Gabi,
Habe mal an ir@mvis.com eine e-mail in Bezug auf Deine Frage geschickt. Soviel steht aber fest: im JSF ist ein anderes visual-Konsortium am Werke. Sollte MVIS auf einmal auch dabei sein wäre das neu, würde aber in absehrbarer Zeit veröffentlicht werden und würde zu einer heftigen Kursexplosion führen.
Möglich ist auch, dass der Verfasser des Artikels bullshit geschrieben hat. Einige aus dem yahoo-Board haben ihn ge-emailt und werden bald eine Antwort darauf geben.
Sollte eine andere company auch ein RSD entwickelt haben wäre mir das auch neu und wäre zugleich ziemlich shit! frage was dann die Patente seitens MVIS bzgl RSD sollen. Ich hoffe ir@mvis.com gibt mir bald bescheid, im Normalfall sind sie immer recht flott mit Antworten. Du kannst es ja auch mal versuchen...
@Ronald: danke für Deine Ausführungen. Cash hat man seit der 11Mio$-Finanzierung für etwas mehr wie einem Jahr. Wie bewertest Du demnach das letzte S3-filing? Hat sich MVIS weitere 20Mio$ gesichert, sehe ich das richtig? Wozu: Aquisitionen, Produktionsaufbau, absehbarer Einbruch der revenues? We will see...
Gruß Michael
Habe mal an ir@mvis.com eine e-mail in Bezug auf Deine Frage geschickt. Soviel steht aber fest: im JSF ist ein anderes visual-Konsortium am Werke. Sollte MVIS auf einmal auch dabei sein wäre das neu, würde aber in absehrbarer Zeit veröffentlicht werden und würde zu einer heftigen Kursexplosion führen.
Möglich ist auch, dass der Verfasser des Artikels bullshit geschrieben hat. Einige aus dem yahoo-Board haben ihn ge-emailt und werden bald eine Antwort darauf geben.
Sollte eine andere company auch ein RSD entwickelt haben wäre mir das auch neu und wäre zugleich ziemlich shit! frage was dann die Patente seitens MVIS bzgl RSD sollen. Ich hoffe ir@mvis.com gibt mir bald bescheid, im Normalfall sind sie immer recht flott mit Antworten. Du kannst es ja auch mal versuchen...
@Ronald: danke für Deine Ausführungen. Cash hat man seit der 11Mio$-Finanzierung für etwas mehr wie einem Jahr. Wie bewertest Du demnach das letzte S3-filing? Hat sich MVIS weitere 20Mio$ gesichert, sehe ich das richtig? Wozu: Aquisitionen, Produktionsaufbau, absehbarer Einbruch der revenues? We will see...
Gruß Michael
Hi Michael,
ich denke, dass der Bedarf von 3000 VCOP Helmen, wie schon des öfteren in den PRs verlautbart wurde, auch die Displays in den Lockheed Fliegern mit einschliesst. Des weiteren ist es nur logisch, wenn die Army zum Teil die Entwicklungskosten hierfür trägt, auch in den JSF dieses Display und kein anderes haben will. Zudem will man wohl aus politischen Gründen Boeing auch ein paar Krümel von dem Milliarden Auftrag zuschanzen.
3000 VCOPs zum Preis von ca. 175.000. $ pro Stück - für das Display von MVIS - macht summa summarum 525 Mill.$.
Nicht schlecht. Und das ist nur ein Bruchteil der Umsätze, die MVIS dereinst produzieren könnte. Wenn health care, automotive, industrial, aerospace und consumer noch dazukommen wirds gigantesk. Den Barcodescanner Flic lass ich sogar aussen vor. Wann der markt auf dieses Potential reagieren wird ? Keine Ahnung. Ich sammle jedenfalls bis dahin weiter ein.
Grüsse gabi
p.s. Ich gerate schon wieder ins Schwärmen, aber MVIS macht es mir auch ehrlich gesagt schwer, sachlich und nüchtern zu bleiben. Nur der Aktienpreiss hält mich noch am Boden.LOL.
ich denke, dass der Bedarf von 3000 VCOP Helmen, wie schon des öfteren in den PRs verlautbart wurde, auch die Displays in den Lockheed Fliegern mit einschliesst. Des weiteren ist es nur logisch, wenn die Army zum Teil die Entwicklungskosten hierfür trägt, auch in den JSF dieses Display und kein anderes haben will. Zudem will man wohl aus politischen Gründen Boeing auch ein paar Krümel von dem Milliarden Auftrag zuschanzen.
3000 VCOPs zum Preis von ca. 175.000. $ pro Stück - für das Display von MVIS - macht summa summarum 525 Mill.$.
Nicht schlecht. Und das ist nur ein Bruchteil der Umsätze, die MVIS dereinst produzieren könnte. Wenn health care, automotive, industrial, aerospace und consumer noch dazukommen wirds gigantesk. Den Barcodescanner Flic lass ich sogar aussen vor. Wann der markt auf dieses Potential reagieren wird ? Keine Ahnung. Ich sammle jedenfalls bis dahin weiter ein.
Grüsse gabi
p.s. Ich gerate schon wieder ins Schwärmen, aber MVIS macht es mir auch ehrlich gesagt schwer, sachlich und nüchtern zu bleiben. Nur der Aktienpreiss hält mich noch am Boden.LOL.
Hi Michael,
die S3 Registrierung ist in der Tat interessant und meiner Meinung nach POSITIV zu werten. MVIS hat (das sage ich jetzt ohne genauer in die letzte Bilanz zu sehen) eigentlich keinerlei Schulden sondern alles bislang mit Eigenkapital (ausgegebene Aktien) finanziert.
Prinzipiell könnte Rick noch 20 Millionen (!!) weitere "common shares" herausgeben ohne uns Aktionäre zu fragen, er war also bislang eher sparsam oder vorsichtig in diesem Bereich.
Ich erwarte, dass wir in den nächsten max. 6 Wochen erfahren werden, dass namhafte Partner vor der Tür stehen und ca. 1 bis 1,5 Millionen Aktien haben wollen. Ein Kandidat hierfür ist beispielsweise der Partner im Automobilbereich (BMW oder Ford) der sich so vielleicht eine bevorzugte Belieferung sichern möchte. Ähnlich hat es ja MVIS auch bei ihrem Investment in CREE gemacht.
Das Geld wird sicherlich eingesetzt werden um die ersten grösseren Stückzahlen an NOMAD oder SPECTRUM vorzufinanzieren. MVIS hat in Bothell ausreichende Fertigungsstätten für vielleicht 500 NOMADs pro Monat und sie werden sicherlich erst dann outsourcen wenn es unbedingt nötig ist. Die Erfahrungen die sie in der Produktion sammeln, kommen ja auch anderen Produkten zugute.
Di FLICs werden sie sicherlich nicht selbst zusammenbauen aber ganz bestimmt vorfinanzieren müssen.
Mit 20 Millionen Dollar kann man sicherlich eine ganze Menge NOMADs und FLICs vorfinanzieren und zusätzlich etwas Cash auf die Bank bringen.
Wer weiss, vielleicht geht auch ein wenig Geld in die Forschung bei GEMFIRE oder LUMERA. Oder vielleicht gibt es eine neue Finanzierungsrunde bei LUMERA und MVIS möchte seinen bisherigen Anteil behalten.
Eines ist jedoch klar, Rick wird uns NICHT im Vorfeld verraten wofür das Geld gebraucht wird und er wird es BALD bekommen.
Ich denke wir werden dieses Jahr wieder Kurse über 30$ sehen.
Schönen Gruss
Ronald
die S3 Registrierung ist in der Tat interessant und meiner Meinung nach POSITIV zu werten. MVIS hat (das sage ich jetzt ohne genauer in die letzte Bilanz zu sehen) eigentlich keinerlei Schulden sondern alles bislang mit Eigenkapital (ausgegebene Aktien) finanziert.
Prinzipiell könnte Rick noch 20 Millionen (!!) weitere "common shares" herausgeben ohne uns Aktionäre zu fragen, er war also bislang eher sparsam oder vorsichtig in diesem Bereich.
Ich erwarte, dass wir in den nächsten max. 6 Wochen erfahren werden, dass namhafte Partner vor der Tür stehen und ca. 1 bis 1,5 Millionen Aktien haben wollen. Ein Kandidat hierfür ist beispielsweise der Partner im Automobilbereich (BMW oder Ford) der sich so vielleicht eine bevorzugte Belieferung sichern möchte. Ähnlich hat es ja MVIS auch bei ihrem Investment in CREE gemacht.
Das Geld wird sicherlich eingesetzt werden um die ersten grösseren Stückzahlen an NOMAD oder SPECTRUM vorzufinanzieren. MVIS hat in Bothell ausreichende Fertigungsstätten für vielleicht 500 NOMADs pro Monat und sie werden sicherlich erst dann outsourcen wenn es unbedingt nötig ist. Die Erfahrungen die sie in der Produktion sammeln, kommen ja auch anderen Produkten zugute.
Di FLICs werden sie sicherlich nicht selbst zusammenbauen aber ganz bestimmt vorfinanzieren müssen.
Mit 20 Millionen Dollar kann man sicherlich eine ganze Menge NOMADs und FLICs vorfinanzieren und zusätzlich etwas Cash auf die Bank bringen.
Wer weiss, vielleicht geht auch ein wenig Geld in die Forschung bei GEMFIRE oder LUMERA. Oder vielleicht gibt es eine neue Finanzierungsrunde bei LUMERA und MVIS möchte seinen bisherigen Anteil behalten.
Eines ist jedoch klar, Rick wird uns NICHT im Vorfeld verraten wofür das Geld gebraucht wird und er wird es BALD bekommen.
Ich denke wir werden dieses Jahr wieder Kurse über 30$ sehen.
Schönen Gruss
Ronald
Pflicht:
www.twst.com/templates/needham/lobby.html
oder
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=MVIS&…
übersichtliche Präsentation
www.twst.com/templates/needham/lobby.html
oder
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=MVIS&…
übersichtliche Präsentation
In der Präsentation stecken einige kurz- bis mittelfristigen Enttäuschungen:
so will man mit Flic nur noch 3 Mio$ Umsatz 02 machen, vor Wochen sprach man noch von 6-7Mio$ (was ich schon angezweifelt habe)
an den 1000 Nomads will man festhalten bei einem Preis bis zu 12k$, jedoch bin ich auch dort sehr skeptisch was die Stückzahl angeht...
03 will man dann grob 5000 - 10000 units verkaufen und den Preis auf 3000$ drücken. Auch deshalb kann ich mir nicht vorstellen dass die 1000 units für sehr teure 12$ verkaufen werden können, wenn es sie Monate später für 25%des Preises geben soll.
Leider muß man festhalten, dass MVIS zwar seine Versprechungen weitgehend hält, aber immer mit gewaltigen Verzögerungen / Verspätungen. Lumera ist nur ein Beispiel davon...
aus diesem Grund wird ist es sehr wahrscheinlich dass die Aktie kurz- bis mittelfristig weiterhin underperformen wird, selber stelle ich mich schon darauf ein dass wir nochmal einstellige Kurse sehen werden. Der Dezember wurde kursmäßig nur dadurch gerettet (Verharren bei 14$ bei steigender NASDAQ) weil ein Insti (WM groth fund) sich in diesem Monat 300k shares geangelt hat.
Wir haben glasklar:
- eine gesicherte Finanzierung
- 2 Produkte, die 02 für (wenn auch geringe) Umsätze sorgen
- keine Insiderverkäufe
- spannende Partnerschaften (Ford, BMW)
- weitere Gelder der US-army
Fazit: man muß MVIS derzeit überhaupt nicht kaufen aber weiterhin beobachten. Nichts desto trotz scheint sich einiges hinter den Kulissen zu bewegen... aber wie Ronald schon sagt, der Zeitpunkt ist ungewiss, es kann sogar noch sehr lange dauern und vielleicht bekommt man nochmal die Möglichkeit MVIS zum dumping-Preis einzusammeln.
so will man mit Flic nur noch 3 Mio$ Umsatz 02 machen, vor Wochen sprach man noch von 6-7Mio$ (was ich schon angezweifelt habe)
an den 1000 Nomads will man festhalten bei einem Preis bis zu 12k$, jedoch bin ich auch dort sehr skeptisch was die Stückzahl angeht...
03 will man dann grob 5000 - 10000 units verkaufen und den Preis auf 3000$ drücken. Auch deshalb kann ich mir nicht vorstellen dass die 1000 units für sehr teure 12$ verkaufen werden können, wenn es sie Monate später für 25%des Preises geben soll.
Leider muß man festhalten, dass MVIS zwar seine Versprechungen weitgehend hält, aber immer mit gewaltigen Verzögerungen / Verspätungen. Lumera ist nur ein Beispiel davon...
aus diesem Grund wird ist es sehr wahrscheinlich dass die Aktie kurz- bis mittelfristig weiterhin underperformen wird, selber stelle ich mich schon darauf ein dass wir nochmal einstellige Kurse sehen werden. Der Dezember wurde kursmäßig nur dadurch gerettet (Verharren bei 14$ bei steigender NASDAQ) weil ein Insti (WM groth fund) sich in diesem Monat 300k shares geangelt hat.
Wir haben glasklar:
- eine gesicherte Finanzierung
- 2 Produkte, die 02 für (wenn auch geringe) Umsätze sorgen
- keine Insiderverkäufe
- spannende Partnerschaften (Ford, BMW)
- weitere Gelder der US-army
Fazit: man muß MVIS derzeit überhaupt nicht kaufen aber weiterhin beobachten. Nichts desto trotz scheint sich einiges hinter den Kulissen zu bewegen... aber wie Ronald schon sagt, der Zeitpunkt ist ungewiss, es kann sogar noch sehr lange dauern und vielleicht bekommt man nochmal die Möglichkeit MVIS zum dumping-Preis einzusammeln.
Sunday, January 13, 2002
Microvision, Walsin to team on MEMS chip
By SPENCER CHIN
EBN
(10/12/01, 11:52:14 AM EST)
Looking to corner the growing microdisplay market, Microvision Inc. has agreed with Walsin Lihwa Corp. to develop methods to mass produce Microvision`s MEMS-based optical scanning chip.
Microvision, a supplier of optical and display products, hopes a mass-produced chip will lower the cost of its microdisplays to about $40 in production quantities, making it feasible for consumer and other high-volume applications, said Russell Hannigan, business development director of advanced products at Microvision, Bothell, Wash.
The company currently uses the chip-measuring half the size of a dime-only in its Nomad Personal Display System, a more expensive microdisplay aimed at professional users, according to Hannigan. But he foresees lower-cost microdisplays finding their way into digital cameras, gaming systems, and mobile Internet devices.
“We believe the sweet spot in the market for such displays is at prices below $40,” Hannigan said. “The potential is for tens of millions of units annually, and we have aggressive cost targets that we think will allow us to beat competing displays by a wide margin on both price and performance.”
Both companies expect high-volume production of MEMS components by 2003. Walsin Lihwa, which has invested more than $50 million to establish a MEMS component production facility in Yang-Mei, Taiwan, will do the initial production work. The production site has not yet been determined, Hannigan said.
“Our relationship with Microvision provides the potential for mass fabrication of MEMS-based displays and imaging devices,” said I-Ling Cheng, Walsin Lihwa`s president and chief technology officer, in a statement.
The worldwide market for microdisplays is projected to grow from roughly $1.2 billion this year to almost $5 billion by 2005, according to the Microdisplay Report, Norwalk, Conn.
Microvision, Walsin to team on MEMS chip
By SPENCER CHIN
EBN
(10/12/01, 11:52:14 AM EST)
Looking to corner the growing microdisplay market, Microvision Inc. has agreed with Walsin Lihwa Corp. to develop methods to mass produce Microvision`s MEMS-based optical scanning chip.
Microvision, a supplier of optical and display products, hopes a mass-produced chip will lower the cost of its microdisplays to about $40 in production quantities, making it feasible for consumer and other high-volume applications, said Russell Hannigan, business development director of advanced products at Microvision, Bothell, Wash.
The company currently uses the chip-measuring half the size of a dime-only in its Nomad Personal Display System, a more expensive microdisplay aimed at professional users, according to Hannigan. But he foresees lower-cost microdisplays finding their way into digital cameras, gaming systems, and mobile Internet devices.
“We believe the sweet spot in the market for such displays is at prices below $40,” Hannigan said. “The potential is for tens of millions of units annually, and we have aggressive cost targets that we think will allow us to beat competing displays by a wide margin on both price and performance.”
Both companies expect high-volume production of MEMS components by 2003. Walsin Lihwa, which has invested more than $50 million to establish a MEMS component production facility in Yang-Mei, Taiwan, will do the initial production work. The production site has not yet been determined, Hannigan said.
“Our relationship with Microvision provides the potential for mass fabrication of MEMS-based displays and imaging devices,” said I-Ling Cheng, Walsin Lihwa`s president and chief technology officer, in a statement.
The worldwide market for microdisplays is projected to grow from roughly $1.2 billion this year to almost $5 billion by 2005, according to the Microdisplay Report, Norwalk, Conn.
Halte die Technologie ebenfalls für einzigartig. Bei einer
Marktkap. von rund 200 Mio. Euro ist die Aktie aber nicht mehr billig obwohl ich auch mit einer Mini-Position investiert bin.
Sollte RSD aber den Massenmarkt erreichen (Handys... etc.)
- worauf ich spekuliere - ist dieser Kurs natürlich locker vertretbar.
Das Problem was ich allerdings sehe ist die Akzeptanz in der Bevölkerung für eine solche Technologie (Laserstrahlen direkt ins Auge --> das muß gefährlich sein).
Andere Firmen entwickeln ebenfalls visuelle Bildschirme die allerdings auf anderen Prinzipien beruhen (z.B.Microoptical).
Diese sind zwar noch nicht so Leistungsfähig wie RSD, werden aber (annähernd) in diesen Bereich vordringen können.
Vielleicht kann jemand etwas zu folgenden Themen sagen:
1. Weiß jemand was die RSD-Technologie später einmal z.B. in einem Handy kosten soll? Gewicht?
2. Wie störanfällig ist RSD (soweit ich weiß rotieren zwei scanner mit 17,5kHz) im Vergleich zu anderen Systemen ist.
3. Eure Einschätzung zu anderen Systemen?
4. Gibt es RSD auch ohne "see-through"?
5. Weiß jemand was neues über das Konsortium welches bei Lockheed am Werke sein soll?
Marktkap. von rund 200 Mio. Euro ist die Aktie aber nicht mehr billig obwohl ich auch mit einer Mini-Position investiert bin.
Sollte RSD aber den Massenmarkt erreichen (Handys... etc.)
- worauf ich spekuliere - ist dieser Kurs natürlich locker vertretbar.
Das Problem was ich allerdings sehe ist die Akzeptanz in der Bevölkerung für eine solche Technologie (Laserstrahlen direkt ins Auge --> das muß gefährlich sein).
Andere Firmen entwickeln ebenfalls visuelle Bildschirme die allerdings auf anderen Prinzipien beruhen (z.B.Microoptical).
Diese sind zwar noch nicht so Leistungsfähig wie RSD, werden aber (annähernd) in diesen Bereich vordringen können.
Vielleicht kann jemand etwas zu folgenden Themen sagen:
1. Weiß jemand was die RSD-Technologie später einmal z.B. in einem Handy kosten soll? Gewicht?
2. Wie störanfällig ist RSD (soweit ich weiß rotieren zwei scanner mit 17,5kHz) im Vergleich zu anderen Systemen ist.
3. Eure Einschätzung zu anderen Systemen?
4. Gibt es RSD auch ohne "see-through"?
5. Weiß jemand was neues über das Konsortium welches bei Lockheed am Werke sein soll?
Hi Markus!
MVIS war schon einmal mit 700 Mio$ bewertet, aber wer war das
nicht? Bevor die Aktie wieder steil gen Norden geht müssen natürlich
erst wieder Meilensteine erreicht werden. Auch ich finde
die 200 Mio$ nicht gerade billig, aber es ist nunmal der
Preis für diese Technologie und deren weiten Einsatzmöglichkeiten.
Da es nocvh ein weiter Weg sein wird kann ich mit MVIS auch wieder im einstelligen Bereich vorstellen.
Ich habe schon angesprochen dass MVIS sehr häufig mit Verzögerungen aufwartet, was natürlich die Zeit des cash burnings erheblich verlängert und somit die Performance der Aktie versaut.
zu 1: MVIS proklamiert ständig sein "cost target" von 40$
für den consumer-Markt, schließt handy-Applikationen mit ein
zu 2: habe das System noch nicht getestet, Ronald schon. Schicke doch einfach eine e-mail an MVIS (schau auf deren
homepage nach), frage welche Tests sie durchlaufen haben, welche Laufzeit, etc.
zu 3: andere Systeme sind schon auf dem Markt, MVIS erst dabei. Jeder MVIS-Investor
ist der vollen Überzeugung der Technologieüberlegenheit. MVIS will low cost high performance displays auf den Markt schmeißen (NOMAD ist sicherlich noch nicht low cost...),
wenn es gelingt geht die MVIS-Spekulation auf
MVIS war schon einmal mit 700 Mio$ bewertet, aber wer war das
nicht? Bevor die Aktie wieder steil gen Norden geht müssen natürlich
erst wieder Meilensteine erreicht werden. Auch ich finde
die 200 Mio$ nicht gerade billig, aber es ist nunmal der
Preis für diese Technologie und deren weiten Einsatzmöglichkeiten.
Da es nocvh ein weiter Weg sein wird kann ich mit MVIS auch wieder im einstelligen Bereich vorstellen.
Ich habe schon angesprochen dass MVIS sehr häufig mit Verzögerungen aufwartet, was natürlich die Zeit des cash burnings erheblich verlängert und somit die Performance der Aktie versaut.
zu 1: MVIS proklamiert ständig sein "cost target" von 40$
für den consumer-Markt, schließt handy-Applikationen mit ein
zu 2: habe das System noch nicht getestet, Ronald schon. Schicke doch einfach eine e-mail an MVIS (schau auf deren
homepage nach), frage welche Tests sie durchlaufen haben, welche Laufzeit, etc.
zu 3: andere Systeme sind schon auf dem Markt, MVIS erst dabei. Jeder MVIS-Investor
ist der vollen Überzeugung der Technologieüberlegenheit. MVIS will low cost high performance displays auf den Markt schmeißen (NOMAD ist sicherlich noch nicht low cost...),
wenn es gelingt geht die MVIS-Spekulation auf
@Markus: wenn Du e-mail geschrieben und zurückbekommen hast
kannst Du ja die interessanten Punkte reinstellen.
Bzgl Lockheed hab ich von MVIS keine Antwort bekommen,
meines Wissens kommen andere display-Lösungen zum Zuge. MVIS
befindet sich eben noch weitgehend in der Entwicklung, wenn-
gleich man ein erstes offizielles Produkt hat.
kannst Du ja die interessanten Punkte reinstellen.
Bzgl Lockheed hab ich von MVIS keine Antwort bekommen,
meines Wissens kommen andere display-Lösungen zum Zuge. MVIS
befindet sich eben noch weitgehend in der Entwicklung, wenn-
gleich man ein erstes offizielles Produkt hat.
Hab ich per e-mail von ir-mvis bekommen:
"We have not altered any of our revenue forecasts from when we first
published them on September 24, 2001. We have consistenly said that FLIC, which will launch commercially in the second half of this year, should produce
revenue of $3 - $4 million on unit sales of 60,000 to 70,000. Regarding the Joint Strike Fighter, that is not our technology that is mentioned in the article. We
are not the only company that has near eye displays. But we are the only company to have full color, see through displays that are projected directly onto a
person`s retina."
Ich war mir dennoch sicher dass Rick bzgl Flic mal von 6-7 io$ und 2.Quarter 2002 gesprochen hat... naja...
Bzgl JSF besteht jetzt auch Klarheit.
M_3
"We have not altered any of our revenue forecasts from when we first
published them on September 24, 2001. We have consistenly said that FLIC, which will launch commercially in the second half of this year, should produce
revenue of $3 - $4 million on unit sales of 60,000 to 70,000. Regarding the Joint Strike Fighter, that is not our technology that is mentioned in the article. We
are not the only company that has near eye displays. But we are the only company to have full color, see through displays that are projected directly onto a
person`s retina."
Ich war mir dennoch sicher dass Rick bzgl Flic mal von 6-7 io$ und 2.Quarter 2002 gesprochen hat... naja...
Bzgl JSF besteht jetzt auch Klarheit.
M_3
http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.h…
Microvision Inc. Rated New `Strong Buy` at Roth
Capital
By Sybil Carlson
Princeton, New Jersey, Jan. 23 (Bloomberg Data) -- Microvision Inc. (MVIS
US) was rated new ``strong buy`` in new coverage by analyst Dan Campbell at
Roth Capital Partners. The 12-month target price is $18.00 per share.
Microvision Inc. Rated New `Strong Buy` at Roth
Capital
By Sybil Carlson
Princeton, New Jersey, Jan. 23 (Bloomberg Data) -- Microvision Inc. (MVIS
US) was rated new ``strong buy`` in new coverage by analyst Dan Campbell at
Roth Capital Partners. The 12-month target price is $18.00 per share.
Hi allerseits,
ich bin seit 02/00 in CREE investiert und über zahlreiche
Bemerkunge im YAHOO Board auf MVIS aufmerksam geworden und von deren Technologie beeindruckt.
Da ich mir ernsthaft eine Investition in Microvision überlege, bitte ich hier um etwas Hilfe bei denen die
sich schon länger mit dieser Firma beschäftigen.
Konkret: - seit einigen Wochen beobachte ich den Kurs -
ist es momentan ratsam eine erste Position aufzubauen? -
stehen in nächster Zeit einige wichtige Entscheidungen an?
Vielen Dank für Hinweise.
Dietmar
ich bin seit 02/00 in CREE investiert und über zahlreiche
Bemerkunge im YAHOO Board auf MVIS aufmerksam geworden und von deren Technologie beeindruckt.
Da ich mir ernsthaft eine Investition in Microvision überlege, bitte ich hier um etwas Hilfe bei denen die
sich schon länger mit dieser Firma beschäftigen.
Konkret: - seit einigen Wochen beobachte ich den Kurs -
ist es momentan ratsam eine erste Position aufzubauen? -
stehen in nächster Zeit einige wichtige Entscheidungen an?
Vielen Dank für Hinweise.
Dietmar
Microvision erzeit auf der watchlist haben reicht. Derzeit
meiner Meinung nach lediglich ein HOLD. Haben die geilste
Technologie, sorgen aber immer wieder mit Verspätungen bei
Produkteinführung etc. für den Zorn der Anleger.
Könnte in absehbarer Zeit nochmal einstellig werden.
Vorsicht: auf yahoo über wiegen diejenigen, die eine
rosarote MVIS-Brille tragen.
meiner Meinung nach lediglich ein HOLD. Haben die geilste
Technologie, sorgen aber immer wieder mit Verspätungen bei
Produkteinführung etc. für den Zorn der Anleger.
Könnte in absehbarer Zeit nochmal einstellig werden.
Vorsicht: auf yahoo über wiegen diejenigen, die eine
rosarote MVIS-Brille tragen.
Zusatz. wichtige Entscheidungen in nächster Zeit nicht. Einfach regelmäßig die news abchecken.
M_3
M_3
@ Michael_III
Vielen Dank für Deine Antwort. Ich habe mich durch
Deinen Thread gelesen und möchte mich für die
gesammelten Informationen bedanken - da hast Du mir
viel Arbeit erspart.
Ich werde diesen Thread weiterverfolgen und hoffe in
Zukunft auch etwas beitragen zu können.
Werde versuchen um die 10$ einen Einstieg zu finden.
Regards
Dietmar
Vielen Dank für Deine Antwort. Ich habe mich durch
Deinen Thread gelesen und möchte mich für die
gesammelten Informationen bedanken - da hast Du mir
viel Arbeit erspart.
Ich werde diesen Thread weiterverfolgen und hoffe in
Zukunft auch etwas beitragen zu können.
Werde versuchen um die 10$ einen Einstieg zu finden.
Regards
Dietmar
Wird Dir gelingen, für 10$ welche zu bekommen... short interest steigt... trotzdem kaufen Instis letztes Quartal 300 k shares... die Meinungen gehen weit auseinander. Wird wohl oder übel noch ein langer steiniger Weg. Dies scheint vielen klar zu sein und schichten deshalb um.
M_3
M_3
Hi
Wenn schon der Kurs absäuft, ist es gut zu wissen, dass der Nomade jetzt auch Unterwasser eingesetzt werden kann. Oder will man damit etwa schon andeuten, dass Microvision, das Flagschiff der Virtual Displays, auf Grund gelaufen ist?
Microvision Teams With Nova Marine to Market Underwater Inspection System
Port Security Will be Initial Target for Nomad/NovaRay System
BOTHELL, Wash.--(BUSINESS WIRE)--Feb. 4, 2002--Recognizing the increased emphasis on improving security measures, Microvision, Inc. (Nasdaq:MVIS - news) today announced that it has entered into a joint marketing partnership with underwater search technology firm Nova Marine Exploration Inc. to market an underwater inspection system to port security operations around the country.
Source: Microvision, Inc.
· View multimedia news release
The agreement pairs the Nomad(TM) Personal Display System from Microvision -- a high-resolution headworn display that augments the user`s vision with images and information in a see-through or ``head-up`` mode -- with the NovaRay(TM) -- Nova Marine`s innovative low cost, remote operating vehicle that can survey underwater sites and transmit video images to the operator.
Using the Nomad system, the NovaRay pilot sees the navigational data -- compass heading, depth reading, artificial horizon, etc -- superimposed over the color video monitor. Pilot attention stays focused on the surveillance while maintaining control of the NovaRay vehicle. Another advantage of combining the systems is that one operator controls the entire system, eliminating the need for a second person to constantly monitor the video feed.
Under terms of the agreement, NovaMarine will recommend the Nomad system as an accessory for the NovaRay vehicle, and the two companies will target the enhanced NovaRay system to port security operations. Due the increased emphasis on port security, incoming vessels must now be inspected to a much greater degree of detail, resulting in longer and more expensive procedures, noted Bruce Ridley, Microvision market manager for industrial applications. Underwater hull inspection is a particularly time consuming task, he said, requiring divers equipped with lights and other apparatus.
``It`s a textbook example of how two separate technological innovations can augment each other`s capabilities to meet a market need,`` said Ridley. ``With literally hundreds of ships entering American ports every day requiring some level of inspection, our port security forces are hard pressed to meet the demand. The NovaRay vehicle equipped with the Nomad system can be an enormously effective inspection tool that will also save time and money.``
The NovaRay vehicle can move more quickly and consistently underwater than divers. Equipped with the Nomad display system, the pilot can conduct a more thorough inspection. While divers are limited to how much time underwater they can spend on any given day, the NovaRay vehicle can be operated indefinitely.
``The Nomad system allows the pilot to multi-task while flying the NovaRay, enabling quick, efficient surveys using only one pilot,`` said Krist Geriene, Nova Marine president. ``The advanced command and control software of the NovaRay automates many fatiguing operator tasks, and the Nomad system allows the pilot to operate co-location survey equipment simultaneously.``
The Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or ``head-up`` mode. This unique personal display allows head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
Among the NovaRay`s innovations are the use of computerized flight control systems and digitizing the entire vehicle. These improvements allow such add-ons as scanning sonar and tracking systems without the need of additional receivers and monitors. These add-ons are monitored through the computer system, and the screen display is changed with a simple voice command.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Nova Marine:
Based in Kirkland, Wash., Nova Marine Exploration, Inc. specializes in the survey, recovery and placement of underwater exploration, as well as the development of technologies aiding in such pursuits. NovaRay is a trademark of Nova Marine Exploration Inc.
Wenn schon der Kurs absäuft, ist es gut zu wissen, dass der Nomade jetzt auch Unterwasser eingesetzt werden kann. Oder will man damit etwa schon andeuten, dass Microvision, das Flagschiff der Virtual Displays, auf Grund gelaufen ist?
Microvision Teams With Nova Marine to Market Underwater Inspection System
Port Security Will be Initial Target for Nomad/NovaRay System
BOTHELL, Wash.--(BUSINESS WIRE)--Feb. 4, 2002--Recognizing the increased emphasis on improving security measures, Microvision, Inc. (Nasdaq:MVIS - news) today announced that it has entered into a joint marketing partnership with underwater search technology firm Nova Marine Exploration Inc. to market an underwater inspection system to port security operations around the country.
Source: Microvision, Inc.
· View multimedia news release
The agreement pairs the Nomad(TM) Personal Display System from Microvision -- a high-resolution headworn display that augments the user`s vision with images and information in a see-through or ``head-up`` mode -- with the NovaRay(TM) -- Nova Marine`s innovative low cost, remote operating vehicle that can survey underwater sites and transmit video images to the operator.
Using the Nomad system, the NovaRay pilot sees the navigational data -- compass heading, depth reading, artificial horizon, etc -- superimposed over the color video monitor. Pilot attention stays focused on the surveillance while maintaining control of the NovaRay vehicle. Another advantage of combining the systems is that one operator controls the entire system, eliminating the need for a second person to constantly monitor the video feed.
Under terms of the agreement, NovaMarine will recommend the Nomad system as an accessory for the NovaRay vehicle, and the two companies will target the enhanced NovaRay system to port security operations. Due the increased emphasis on port security, incoming vessels must now be inspected to a much greater degree of detail, resulting in longer and more expensive procedures, noted Bruce Ridley, Microvision market manager for industrial applications. Underwater hull inspection is a particularly time consuming task, he said, requiring divers equipped with lights and other apparatus.
``It`s a textbook example of how two separate technological innovations can augment each other`s capabilities to meet a market need,`` said Ridley. ``With literally hundreds of ships entering American ports every day requiring some level of inspection, our port security forces are hard pressed to meet the demand. The NovaRay vehicle equipped with the Nomad system can be an enormously effective inspection tool that will also save time and money.``
The NovaRay vehicle can move more quickly and consistently underwater than divers. Equipped with the Nomad display system, the pilot can conduct a more thorough inspection. While divers are limited to how much time underwater they can spend on any given day, the NovaRay vehicle can be operated indefinitely.
``The Nomad system allows the pilot to multi-task while flying the NovaRay, enabling quick, efficient surveys using only one pilot,`` said Krist Geriene, Nova Marine president. ``The advanced command and control software of the NovaRay automates many fatiguing operator tasks, and the Nomad system allows the pilot to operate co-location survey equipment simultaneously.``
The Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or ``head-up`` mode. This unique personal display allows head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
Among the NovaRay`s innovations are the use of computerized flight control systems and digitizing the entire vehicle. These improvements allow such add-ons as scanning sonar and tracking systems without the need of additional receivers and monitors. These add-ons are monitored through the computer system, and the screen display is changed with a simple voice command.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Nova Marine:
Based in Kirkland, Wash., Nova Marine Exploration, Inc. specializes in the survey, recovery and placement of underwater exploration, as well as the development of technologies aiding in such pursuits. NovaRay is a trademark of Nova Marine Exploration Inc.
Hallo!
Nova hat lediglich einen NOMAD von Microvision geordert, das
ist SCHWACH. Der NOMAD muss in die eigene Produktpipeline
integriert werden was Zeit brauchen wird. Ich bleibe bei meinem
statement dass 1000 units dieses jahr nicht verkauft werden.
Interessant ist: Microvision hat 3 neue events angekündigt,
allen voran
Event: Goldman Sachs Conference (Santa Barbara, CA)
Date: 3/4/2002
Habe von Roth Capitals mal den knapp 40seitigen research-Bericht bekommen
und etwas gestöbert, die haben MVIS bekanntlich auf strong buy
gestuft. Bin gespannt ob wir demnächst ein coverage von
Goldman Sachs bekommen, wäre zu schön um wahr zu sein...
Applikationen gibt es für NOMAD unbegrenzt viele, jedoch müssen
diese derzeit für die spezifischen Anwendungen angepaßt werden,
siehe jüngstes Beispiel. Dies ist zeit- und kostenintensiv...
@gabi: Du hast schon seit längerem Post in WO.
Ich hoffe, MVIS wird auf der CEBIT sein, aber ich glaube eher nein.
M_3
Nova hat lediglich einen NOMAD von Microvision geordert, das
ist SCHWACH. Der NOMAD muss in die eigene Produktpipeline
integriert werden was Zeit brauchen wird. Ich bleibe bei meinem
statement dass 1000 units dieses jahr nicht verkauft werden.
Interessant ist: Microvision hat 3 neue events angekündigt,
allen voran
Event: Goldman Sachs Conference (Santa Barbara, CA)
Date: 3/4/2002
Habe von Roth Capitals mal den knapp 40seitigen research-Bericht bekommen
und etwas gestöbert, die haben MVIS bekanntlich auf strong buy
gestuft. Bin gespannt ob wir demnächst ein coverage von
Goldman Sachs bekommen, wäre zu schön um wahr zu sein...
Applikationen gibt es für NOMAD unbegrenzt viele, jedoch müssen
diese derzeit für die spezifischen Anwendungen angepaßt werden,
siehe jüngstes Beispiel. Dies ist zeit- und kostenintensiv...
@gabi: Du hast schon seit längerem Post in WO.
Ich hoffe, MVIS wird auf der CEBIT sein, aber ich glaube eher nein.
M_3
Der Vollständigkeit halber:
Event: Goldman Sachs Conference (Santa Barbara, CA)
Date: 3/4/2002
Event: RBC Telecom Conference (Whistler, BC, Canada)
Date: 4/10/2002
Event: JP Morgan H&Q 30th Annual Technology Conference at the Westin St. Francis, San Francisco, CA
Date: 5/6/2002 through 5/9/2002
Event: Goldman Sachs Conference (Santa Barbara, CA)
Date: 3/4/2002
Event: RBC Telecom Conference (Whistler, BC, Canada)
Date: 4/10/2002
Event: JP Morgan H&Q 30th Annual Technology Conference at the Westin St. Francis, San Francisco, CA
Date: 5/6/2002 through 5/9/2002
Noch einen Zusatz:
Display-Firma three-five system schmiert genauso ab wie MVIS und testet die April-lows (wie MVIS)
Cree (Partner von MVIS) ist ganz schlimm innerhalb eines Monats abgestürzt. Da hat sogar der CEO verkauft...
Display-Firma three-five system schmiert genauso ab wie MVIS und testet die April-lows (wie MVIS)
Cree (Partner von MVIS) ist ganz schlimm innerhalb eines Monats abgestürzt. Da hat sogar der CEO verkauft...
In error of CCBN, the following events were posted on Microvision`s website. Microvision is not scheduled to participate in these conferences. CCBN sincerely apologizes for alerting you to inaccurate information.
Event: Goldman Sachs Conference (Santa Barbara, CA)
Date: 3/4/2002
Event: RBC Telecom Conference (Whistler, BC, Canada)
Date: 4/10/2002
Event: JP Morgan H&Q 30th Annual Technology Conference at the Westin St.
Francis, San Francisco, CA
Date: 5/6/2002 through 5/9/2002
Event: Goldman Sachs Conference (Santa Barbara, CA)
Date: 3/4/2002
Event: RBC Telecom Conference (Whistler, BC, Canada)
Date: 4/10/2002
Event: JP Morgan H&Q 30th Annual Technology Conference at the Westin St.
Francis, San Francisco, CA
Date: 5/6/2002 through 5/9/2002
Hi
Michael, hat der Report von Roth Capital was gekostet oder muss man sich bei denen nur registrieren lassen? Steht überhaupt was interessantes drin?
Grüsse
Michael, hat der Report von Roth Capital was gekostet oder muss man sich bei denen nur registrieren lassen? Steht überhaupt was interessantes drin?
Grüsse
Roth Capital - MVIS Presentation 19.2. 7.30AM
www.rothcp.com, e-mail geschrieben und Report bekommen. Ist nicht schlecht wenn man ihn hat, beschreibt Displayindustrie im Ganzen und geht natürlich speziell auf Microvision ein. Prinzipiell empfehlenswert, aber Insiderwissen steht da auch nicht drin...
Gruß Michael
www.rothcp.com, e-mail geschrieben und Report bekommen. Ist nicht schlecht wenn man ihn hat, beschreibt Displayindustrie im Ganzen und geht natürlich speziell auf Microvision ein. Prinzipiell empfehlenswert, aber Insiderwissen steht da auch nicht drin...
Gruß Michael
Hi Michael!
Habe vor ca. 3 Wochen an MVIS (R. Duval) drei Fragen gestellt:
1. Wie störanfällig ist RSD?
2. Falls Sie die Technik in ein Handy einbauen, was ist der größtmögliche Abstand zwischen dem Auge und der Laser-Optik?
3. Wie groß ist die maximal erreichbare virtuelle Bildfläche?
R. Duval antwortete prompt mit dem Hinweis, daß die Fragen seine technische Kompetenz übersteigen und er die Fragen an den Produkt-Manager weitergeleitet hat. Seitdem habe ich nichts wieder davon gehört. Habe noch einmal an Duval geschrieben, aber ohne Resultat. Vielleicht möchte man diese Fragen nicht beantworten. Ich weiß es nicht. Vielleicht kann ja einer von euch die Anworten liefern.
Vor allem Frage 2 finde ich extrem wichtig. Wenn der Abstand z.B. nur 5-10 cm betragen darf, wird wohl keiner sein Handy mit der Hand längere Zeit vor das Auge halten. Dann wäre eine Art "Helm" unerbehrlich und würde den Vorteil dieser Technik im Vergleich zu den anderen Technologien stark einschränken. Darf der Abstand z.B. 50 cm betragen hätte RSD riesige Vorteile:
Man könnte im Internet surfen während man sein Handy mit den Händen im Schoß hält.
Gruß Markus.
Habe vor ca. 3 Wochen an MVIS (R. Duval) drei Fragen gestellt:
1. Wie störanfällig ist RSD?
2. Falls Sie die Technik in ein Handy einbauen, was ist der größtmögliche Abstand zwischen dem Auge und der Laser-Optik?
3. Wie groß ist die maximal erreichbare virtuelle Bildfläche?
R. Duval antwortete prompt mit dem Hinweis, daß die Fragen seine technische Kompetenz übersteigen und er die Fragen an den Produkt-Manager weitergeleitet hat. Seitdem habe ich nichts wieder davon gehört. Habe noch einmal an Duval geschrieben, aber ohne Resultat. Vielleicht möchte man diese Fragen nicht beantworten. Ich weiß es nicht. Vielleicht kann ja einer von euch die Anworten liefern.
Vor allem Frage 2 finde ich extrem wichtig. Wenn der Abstand z.B. nur 5-10 cm betragen darf, wird wohl keiner sein Handy mit der Hand längere Zeit vor das Auge halten. Dann wäre eine Art "Helm" unerbehrlich und würde den Vorteil dieser Technik im Vergleich zu den anderen Technologien stark einschränken. Darf der Abstand z.B. 50 cm betragen hätte RSD riesige Vorteile:
Man könnte im Internet surfen während man sein Handy mit den Händen im Schoß hält.
Gruß Markus.
Hallo Markus!
Ich würde den zuständigen Manager höflich nochmals auf gestellte Fragen hinweisen mit dem Vermerk, vor Wochen eine Zusage auf Antwort bekommen zu haben, die bisher noch nicht eingehalten wurde. Bis man marktreife Handyapplikationen auf die Reihe bekommt werden - wenn überhaupt - noch Jahre verstreichen... das habe ich mir vor 2 Jahren auch noch anders vorgestellt. Klartext: man wird noch einiges an cash verbrennen.
STelle am besten nochmal die Fragen und noch zusätzlich, wie lange man bei MVIS für marktreife Handyapplikationen rechnet!
Gruß Michael
Ich würde den zuständigen Manager höflich nochmals auf gestellte Fragen hinweisen mit dem Vermerk, vor Wochen eine Zusage auf Antwort bekommen zu haben, die bisher noch nicht eingehalten wurde. Bis man marktreife Handyapplikationen auf die Reihe bekommt werden - wenn überhaupt - noch Jahre verstreichen... das habe ich mir vor 2 Jahren auch noch anders vorgestellt. Klartext: man wird noch einiges an cash verbrennen.
STelle am besten nochmal die Fragen und noch zusätzlich, wie lange man bei MVIS für marktreife Handyapplikationen rechnet!
Gruß Michael
Nachtrag: Die eigentliche Idee für den Konsumerbereich ist die MVIS-Brille, abgebildet auch auf der website. Wenn man Informationen abrufen will oder einen Anruf bekommt setzt man einfach die Brille auf, ist das geschickteste. Es macht ja keinen Sinn ein Handy vor sich zu halten. So kommt auch das feature "see-through" zur Geltung. Das handy dient ja dazu, um es ans Ohr zu halten. So könnte man ohne Probleme ein System kreieren mit MVIS-Brille, Freisprechanlage (wie beim Auto), und die Basis (also das handy was dann kein handy mehr ist) z.B. um den Gürtel oder sonst wo. Aber wie gesagt, langer Weg zum Konsumerbereich...
Monday February 11, 6:44 am Eastern Time
Press Release
SOURCE: Microvision, Inc. Today`s News On The Net - Business Wire`s full file on the Internet
Microvision Demonstrates Prototype Display Aimed At 3G Wireless, Consumer Electronics Markets
Notebook-Quality Display in the Palm of Your Hand
BOTHELL, Wash.--(BUSINESS WIRE)--Feb. 11, 2002--In its drive to commercialize a miniature display that can meet the demanding mix of high performance and low cost,
Microvision, Inc. (Nasdaq:MVIS - news) today announced it has demonstrated a fully-functional miniature display that uses just three light emitting diodes (LEDs) coupled with a
vibrating mirror on a tiny micromechanical chip.
As the user holds a cell-phone-like device near one eye, the tiny display scans a single beam of multi-colored light through a small lens to project a full-color video image of the
apparent size and resolution of a notebook or laptop display screen onto the eye. This prototype display represents a major milestone for the company, which believes its unique
display can add functionality to such emerging consumer products as handheld wireless devices to gaming systems, portable DVD players and digital cameras.
According to Russell Hannigan, Microvision`s director of business development for advanced products, the unique display platform -- with its combination of high-resolution and
bright vivid colors -- could well become the industry standard for personal displays.
``The annual production volumes for these types of consumer products can reach into the hundreds of millions of units very quickly,`` said Hannigan. ``We believe the market for
miniature displays will grow to tens of millions of units over the next several years, but consumers will want inexpensive devices like mobile handsets and digital cameras to
produce high quality images.``
The image quality of the Microvision prototype is exceptional, said Hannigan. ``We achieve full Super VGA (SVGA or 800 X 600 lines) resolution and have measured contrast
ratios up to 150:1. Color gamut and saturation are already comparable with a very high quality CRT and we expect to see further improvements in performance over the weeks
ahead.``
SVGA resolution is an important baseline, said Hannigan, because so much content on the Internet and elsewhere already exists in this format. With a display of a lower
resolution, the user must either reformat the content or do a lot of scrolling to look at parts of the image at a time.
Low cost is the other technological advantage represented by the prototype. ``We can deliver higher image quality at lower prices than competing miniaturized flat panel displays,``
said Hannigan. ``Hitting an acceptable price point is going to be key to gaining and keeping share in the cost sensitive consumer electronics space. Ultimately it`s all about pixels
per penny.``
Dr Aris Silzars, president of the Society for Information Displays said, ``This achievement shows the power of Microvision`s unique MEMS scanning display technology. I`m very
impressed with the image quality. The technology offers the emissive and unpixelated qualities that have allowed CRTs to dominate desktop and television markets, while offering
the potential of very low costs in a sub-miniature package. I can`t wait to get a 3G cell phone with a Microvision display inside.``
Microvision`s current demonstrator is a key step in developing a display platform suitable for consumer applications. The company will spend the next 18 to 24 months reducing
the size, weight, power consumption and, especially, cost of the unique miniature display. The company is working with partners like Taipei`s Walsin Lihwa Corp. to develop
techniques to mass-produce the MEMS scanner, and Cree, which produced the LED technology for the device.
``Partnering is a key part of our strategy for bringing this technology to market,`` added Hannigan. ``We have some very strong technology partners, and we are seeing growing
interest from major players in the wireless world and in consumer electronics for a variety of applications -- an interest that I expect will build even faster once we show our latest achievement.``
Press Release
SOURCE: Microvision, Inc. Today`s News On The Net - Business Wire`s full file on the Internet
Microvision Demonstrates Prototype Display Aimed At 3G Wireless, Consumer Electronics Markets
Notebook-Quality Display in the Palm of Your Hand
BOTHELL, Wash.--(BUSINESS WIRE)--Feb. 11, 2002--In its drive to commercialize a miniature display that can meet the demanding mix of high performance and low cost,
Microvision, Inc. (Nasdaq:MVIS - news) today announced it has demonstrated a fully-functional miniature display that uses just three light emitting diodes (LEDs) coupled with a
vibrating mirror on a tiny micromechanical chip.
As the user holds a cell-phone-like device near one eye, the tiny display scans a single beam of multi-colored light through a small lens to project a full-color video image of the
apparent size and resolution of a notebook or laptop display screen onto the eye. This prototype display represents a major milestone for the company, which believes its unique
display can add functionality to such emerging consumer products as handheld wireless devices to gaming systems, portable DVD players and digital cameras.
According to Russell Hannigan, Microvision`s director of business development for advanced products, the unique display platform -- with its combination of high-resolution and
bright vivid colors -- could well become the industry standard for personal displays.
``The annual production volumes for these types of consumer products can reach into the hundreds of millions of units very quickly,`` said Hannigan. ``We believe the market for
miniature displays will grow to tens of millions of units over the next several years, but consumers will want inexpensive devices like mobile handsets and digital cameras to
produce high quality images.``
The image quality of the Microvision prototype is exceptional, said Hannigan. ``We achieve full Super VGA (SVGA or 800 X 600 lines) resolution and have measured contrast
ratios up to 150:1. Color gamut and saturation are already comparable with a very high quality CRT and we expect to see further improvements in performance over the weeks
ahead.``
SVGA resolution is an important baseline, said Hannigan, because so much content on the Internet and elsewhere already exists in this format. With a display of a lower
resolution, the user must either reformat the content or do a lot of scrolling to look at parts of the image at a time.
Low cost is the other technological advantage represented by the prototype. ``We can deliver higher image quality at lower prices than competing miniaturized flat panel displays,``
said Hannigan. ``Hitting an acceptable price point is going to be key to gaining and keeping share in the cost sensitive consumer electronics space. Ultimately it`s all about pixels
per penny.``
Dr Aris Silzars, president of the Society for Information Displays said, ``This achievement shows the power of Microvision`s unique MEMS scanning display technology. I`m very
impressed with the image quality. The technology offers the emissive and unpixelated qualities that have allowed CRTs to dominate desktop and television markets, while offering
the potential of very low costs in a sub-miniature package. I can`t wait to get a 3G cell phone with a Microvision display inside.``
Microvision`s current demonstrator is a key step in developing a display platform suitable for consumer applications. The company will spend the next 18 to 24 months reducing
the size, weight, power consumption and, especially, cost of the unique miniature display. The company is working with partners like Taipei`s Walsin Lihwa Corp. to develop
techniques to mass-produce the MEMS scanner, and Cree, which produced the LED technology for the device.
``Partnering is a key part of our strategy for bringing this technology to market,`` added Hannigan. ``We have some very strong technology partners, and we are seeing growing
interest from major players in the wireless world and in consumer electronics for a variety of applications -- an interest that I expect will build even faster once we show our latest achievement.``
Hi
Coole PR. Extra für Markus.
Ich denke, wenn das imaginierte Display die Grösse der von Laptops generierten erreicht, muss man das Handy mindestens 30 cm vom Auge halten können.
Grüsse
gabi
PS Michael, hab dir auch was ins Postfach gelegt. Wenn es denn angekommen ist.
Coole PR. Extra für Markus.
Ich denke, wenn das imaginierte Display die Grösse der von Laptops generierten erreicht, muss man das Handy mindestens 30 cm vom Auge halten können.
Grüsse
gabi
PS Michael, hab dir auch was ins Postfach gelegt. Wenn es denn angekommen ist.
netter link
http://story.news.yahoo.com/news?tmpl=story&u=/nf/20020211/t…
PR ist sehr nett, aber:
"The company will spend the next 18 to 24 months reducing
the size, weight, power consumption and, especially, cost of the unique miniature display"
Wenn man MVIS kennt weiß man daß die bisher immer Produktverzögerungen haben... sagen wir mal 3 Jahre.
Aber wenn, dann:
"The annual production volumes for these types of consumer products can reach into the hundreds of millions of units very quickly," said Hannigan. Was dies bei 40$ cost target heißt
ist klar. Auch klar ist aber, dass MVIS bis dahin wohl noch so um die 100 Mio$ verbrennen werden muß.
Ein ernüchterter M_3
http://story.news.yahoo.com/news?tmpl=story&u=/nf/20020211/t…
PR ist sehr nett, aber:
"The company will spend the next 18 to 24 months reducing
the size, weight, power consumption and, especially, cost of the unique miniature display"
Wenn man MVIS kennt weiß man daß die bisher immer Produktverzögerungen haben... sagen wir mal 3 Jahre.
Aber wenn, dann:
"The annual production volumes for these types of consumer products can reach into the hundreds of millions of units very quickly," said Hannigan. Was dies bei 40$ cost target heißt
ist klar. Auch klar ist aber, dass MVIS bis dahin wohl noch so um die 100 Mio$ verbrennen werden muß.
Ein ernüchterter M_3
Hey Michael muss ich jetzt deine ehemalige Begeisterung für MVIS neu erwecken? Kein Problem. Die gestrige PR ist in meinen Augen ein echter Knaller und zwar aus folgenden Gründen:
Wir haben zwar nur einen Prototypen, aber das Teil funktioniert und kann nun zu Werbezwecken den Handy Giganten ausgeliefert werden. Und die werden sich IMHO wie die Geier darauf stürzen, da ja deren Absatzkapazitäten bekanntlich nahezu saturiert sind und nur mit solchen add ons neu stimuliert werden kann. Die Optimierung und Massenproduktion mag sich zwar noch 3-4 Jahre hinziehen, aber erste Partnerschaften mit den Big Boys aus der Handy, Digital Camera und Gaming Szene werden wesentlich früher zustande kommen. Und wenn hier der erste Stein rollt, kann es sehr schnell gehen. Dann wird man beginnen müssen die möglichen Gewinne für ein Produkt, das einen Industriestandart setzen kann, zu diskontieren. Was das für den Aktienpreis bedeutet, weisst du ja selbst. Ich denke MVIS hat jetzt einen Punkt erreicht, an dem sich die Ereignisse überstürzen können.
Den weiteren Kapitalbedarf sehe ich als nicht zu gravierend an, da man ja erst 12 Millionen Aktien auf dem Markt hat. Mit weiteren 5 Millionen poe a poe dürfte die Sache gegessen sein, ohne dass man von einer dramatischen Verwässerung sprechen kann.
Der PR ist auch zu entnehmen, dass die Bildqualität in den nächsten Wochen noch gesteigert werden kann und die hat ja jetzt schon Aris Silzar vom Hocker gehauen. Da geht also noch was.
Aufmunternde Grüsse
gabi
Wir haben zwar nur einen Prototypen, aber das Teil funktioniert und kann nun zu Werbezwecken den Handy Giganten ausgeliefert werden. Und die werden sich IMHO wie die Geier darauf stürzen, da ja deren Absatzkapazitäten bekanntlich nahezu saturiert sind und nur mit solchen add ons neu stimuliert werden kann. Die Optimierung und Massenproduktion mag sich zwar noch 3-4 Jahre hinziehen, aber erste Partnerschaften mit den Big Boys aus der Handy, Digital Camera und Gaming Szene werden wesentlich früher zustande kommen. Und wenn hier der erste Stein rollt, kann es sehr schnell gehen. Dann wird man beginnen müssen die möglichen Gewinne für ein Produkt, das einen Industriestandart setzen kann, zu diskontieren. Was das für den Aktienpreis bedeutet, weisst du ja selbst. Ich denke MVIS hat jetzt einen Punkt erreicht, an dem sich die Ereignisse überstürzen können.
Den weiteren Kapitalbedarf sehe ich als nicht zu gravierend an, da man ja erst 12 Millionen Aktien auf dem Markt hat. Mit weiteren 5 Millionen poe a poe dürfte die Sache gegessen sein, ohne dass man von einer dramatischen Verwässerung sprechen kann.
Der PR ist auch zu entnehmen, dass die Bildqualität in den nächsten Wochen noch gesteigert werden kann und die hat ja jetzt schon Aris Silzar vom Hocker gehauen. Da geht also noch was.
Aufmunternde Grüsse
gabi
Dann laßt mich grad mal rechnen:
Bei 100 Mill. Stück zu 40$, 10% Gewinn pro Stück und einem angenommenen KGV von 40 macht das eine Markt-Kap. von 16 Milliarden. Bei dem jetzigen Kurs wäre dies das rund 100 fache. Denke, dann könnten wir die Füße hochlegen!
Habe noch keine Antwort bez. meiner Fragen von MVIS erhalten. Aber im Internet jederzeit mit dem Handy Surfen zu können ohne jedesmal einen "Kopfschmuck" anlegen zu müssen, dass wäre -finde ich immer noch- der größte Vorteil (mal abgesehen von der besseren Bildqualität) bei RSD.
Falls dies doch notwendig ist, stellt sich die Frage ob die Konkurrenz Produkte entwickeln wird die in puncto Auflösung ebenbürtig und eventl. kostengünstiger sind.
Ich fand die Meldung aber trotz vieler Fragezeichen eigentlich auch recht positiv.
Hoffe, dass sich Michael nicht durch meinen Pessimismus hat anstecken lassen!
Bei 100 Mill. Stück zu 40$, 10% Gewinn pro Stück und einem angenommenen KGV von 40 macht das eine Markt-Kap. von 16 Milliarden. Bei dem jetzigen Kurs wäre dies das rund 100 fache. Denke, dann könnten wir die Füße hochlegen!
Habe noch keine Antwort bez. meiner Fragen von MVIS erhalten. Aber im Internet jederzeit mit dem Handy Surfen zu können ohne jedesmal einen "Kopfschmuck" anlegen zu müssen, dass wäre -finde ich immer noch- der größte Vorteil (mal abgesehen von der besseren Bildqualität) bei RSD.
Falls dies doch notwendig ist, stellt sich die Frage ob die Konkurrenz Produkte entwickeln wird die in puncto Auflösung ebenbürtig und eventl. kostengünstiger sind.
Ich fand die Meldung aber trotz vieler Fragezeichen eigentlich auch recht positiv.
Hoffe, dass sich Michael nicht durch meinen Pessimismus hat anstecken lassen!
Hallo miteinander,
gemäß der letzten adhoc will MVIS sein display tatsächlich
in ein handy integrieren. Ein Negativpunkt bei MVIS sind die
ständigen Verspätungen, mittlerweile schon Tradition, daher rechne ich auch nicht mit einem Start der Massenproduktion nach 24 Monaten.
Kapitalbeschaffung war und wird für RR nie ein Problem werden, richtig.
Die pr sehe ich natürlich auch sehr positiv, ganz klar. Sind einige Knaller drin!
Schade dass MVIS wohl doch nicht bei der CEBIT dieses Jahr sein wird, hätte mir gern ein NOMAD aufgesetzt. Perhaps next year...
M_3
gemäß der letzten adhoc will MVIS sein display tatsächlich
in ein handy integrieren. Ein Negativpunkt bei MVIS sind die
ständigen Verspätungen, mittlerweile schon Tradition, daher rechne ich auch nicht mit einem Start der Massenproduktion nach 24 Monaten.
Kapitalbeschaffung war und wird für RR nie ein Problem werden, richtig.
Die pr sehe ich natürlich auch sehr positiv, ganz klar. Sind einige Knaller drin!
Schade dass MVIS wohl doch nicht bei der CEBIT dieses Jahr sein wird, hätte mir gern ein NOMAD aufgesetzt. Perhaps next year...
M_3
Hallo miteinander,
gemäß der letzten adhoc will MVIS sein display tatsächlich
in ein handy integrieren. Ein Negativpunkt bei MVIS sind die
ständigen Verspätungen, mittlerweile schon Tradition, daher rechne ich auch nicht mit einem Start der Massenproduktion nach 24 Monaten.
Kapitalbeschaffung war und wird für RR nie ein Problem werden, richtig.
Die pr sehe ich natürlich auch sehr positiv, ganz klar. Sind einige Knaller drin!
Schade dass MVIS wohl doch nicht bei der CEBIT dieses Jahr sein wird, hätte mir gern ein NOMAD aufgesetzt. Perhaps next year...
M_3
gemäß der letzten adhoc will MVIS sein display tatsächlich
in ein handy integrieren. Ein Negativpunkt bei MVIS sind die
ständigen Verspätungen, mittlerweile schon Tradition, daher rechne ich auch nicht mit einem Start der Massenproduktion nach 24 Monaten.
Kapitalbeschaffung war und wird für RR nie ein Problem werden, richtig.
Die pr sehe ich natürlich auch sehr positiv, ganz klar. Sind einige Knaller drin!
Schade dass MVIS wohl doch nicht bei der CEBIT dieses Jahr sein wird, hätte mir gern ein NOMAD aufgesetzt. Perhaps next year...
M_3
5fach höhere Umsätze bei starken Abschlägen...:-(
Lumera in the February 15th print edition of the Puget Sound Business Journal. The headline of the article is "Lumera slowing down its speedy first product".
The article is about the slowdown in the telecom space.
The company does not expect the market for the 40 gigabit product to develop for another few years, so they will go with a 10-gigabit product instead (for now).
Teledesic and Terabeam have also revised plans in response to the slowdown. Surplus capacity is causing the slowdown.
Tom Mino indicated 40-gig market will materialize in 2004, and Lumera will start manufacturing them in late 2003.
"Lumera also scaled back plans to build a facility in Bothell that can churn out 10,000 units a month. Instead, the plant is designed to produce up to 3,000 devices per month." Quote from article author, not Mino.
Article identifies Lucent and Nortel as core potential Lumera customers.
Lumera in the February 15th print edition of the Puget Sound Business Journal. The headline of the article is "Lumera slowing down its speedy first product".
The article is about the slowdown in the telecom space.
The company does not expect the market for the 40 gigabit product to develop for another few years, so they will go with a 10-gigabit product instead (for now).
Teledesic and Terabeam have also revised plans in response to the slowdown. Surplus capacity is causing the slowdown.
Tom Mino indicated 40-gig market will materialize in 2004, and Lumera will start manufacturing them in late 2003.
"Lumera also scaled back plans to build a facility in Bothell that can churn out 10,000 units a month. Instead, the plant is designed to produce up to 3,000 devices per month." Quote from article author, not Mino.
Article identifies Lucent and Nortel as core potential Lumera customers.
http://de.biz.yahoo.com/tech/m/mvis.html
Mittwoch 13. Februar 2002, 10:57 Uhr
Micro-Display projiziert 800 x 600-Bild ins Auge
(tecChannel.de) Die Forscher von Microvision haben ein funktionsfähiges Mini-Display für künftige PDAs oder Handys gezeigt, mit dem sich Bilder in SVGA-Qualität mit 800 x 600 Pixel direkt ins Auge projizieren lassen. Microvision setzt dabei drei LEDs und schwingende Spiegel ein.
Der Prototyp muss dazu dicht vor das Auge gehalten werden. Mittels einer Linse wird dann ein Bild auf die Netzhaut des Auges "gezeichnet", das derzeit eine Auflösung von 800 x 600 erreicht.
Das Mini-Display, ein Micro-Electrical-Mechanical-System (MEMS ), besteht aus drei LED s, die, entsprechend dem Bildinhalt moduliert, ihr Licht auf einen vibrierenden Spiegel werfen. Durch eine Linse projiziert, entsteht im Auge des Betrachters das Bild. Ein Vorteil des Systems ist seine Größe. Microelectronics glaubt, dass das System trotz mechanischer Komponenten beispielsweise in kompakte Handys passen wird. Ein weiterer Vorteil soll die Qualität des Bildes sein, die laut Russell Hannigan von Microvision bei der Sättigung und dem Kontrast einem hochwertigen CRT-Monitor nahe komme.
Trotz funktionierendem Prototypen ist die Serienreife noch nicht in Sicht. In den nächsten 18 bis 24 Monaten sollen laut Microvision Größe, Gewicht und Energieaufnahme des Systems verbessert werden.
Microvison arbeitet schon seit Anfang 2000 an Retinal-Systemen, wir berichteten . Der Hersteller hat bereits das Headset Nomad für die Projektion von Bildern gezeigt. (uba)
Mittwoch 13. Februar 2002, 10:57 Uhr
Micro-Display projiziert 800 x 600-Bild ins Auge
(tecChannel.de) Die Forscher von Microvision haben ein funktionsfähiges Mini-Display für künftige PDAs oder Handys gezeigt, mit dem sich Bilder in SVGA-Qualität mit 800 x 600 Pixel direkt ins Auge projizieren lassen. Microvision setzt dabei drei LEDs und schwingende Spiegel ein.
Der Prototyp muss dazu dicht vor das Auge gehalten werden. Mittels einer Linse wird dann ein Bild auf die Netzhaut des Auges "gezeichnet", das derzeit eine Auflösung von 800 x 600 erreicht.
Das Mini-Display, ein Micro-Electrical-Mechanical-System (MEMS ), besteht aus drei LED s, die, entsprechend dem Bildinhalt moduliert, ihr Licht auf einen vibrierenden Spiegel werfen. Durch eine Linse projiziert, entsteht im Auge des Betrachters das Bild. Ein Vorteil des Systems ist seine Größe. Microelectronics glaubt, dass das System trotz mechanischer Komponenten beispielsweise in kompakte Handys passen wird. Ein weiterer Vorteil soll die Qualität des Bildes sein, die laut Russell Hannigan von Microvision bei der Sättigung und dem Kontrast einem hochwertigen CRT-Monitor nahe komme.
Trotz funktionierendem Prototypen ist die Serienreife noch nicht in Sicht. In den nächsten 18 bis 24 Monaten sollen laut Microvision Größe, Gewicht und Energieaufnahme des Systems verbessert werden.
Microvison arbeitet schon seit Anfang 2000 an Retinal-Systemen, wir berichteten . Der Hersteller hat bereits das Headset Nomad für die Projektion von Bildern gezeigt. (uba)
Microvision Announces 2001 Financial Results Conference Call, Says It Will Meet Expectations With Record Fourth Quarter
BOTHELL, Wash., Feb 28, 2002 (BUSINESS WIRE) --
Company affirms projection of triple digit revenue growth in 2002
Microvision, Inc. (Nasdaq:MVIS), the leader in light scanning technologies, today announced that it will host its 2001 financial results conference call on Thursday March 7, 2002 at 8:00 a.m. PT.
Participants may join the conference call by dialing 800/997-8642 (for U.S. participants) ten minutes prior to the start of the conference. International participants can dial 973/694-6836. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 11:00 p.m. ET March 14, 2002 and can be accessed by dialing 800/428-6051 (for U.S. participants) or 973/709-2089 (for international participants). The confirmation code is 234191.
The company indicated that it will report 2001 revenue in excess of $10.5 million, in line with its recent revenue guidance, and including record revenue in the fourth quarter. The company also affirmed its expectation that 2002 revenue will grow at a rate of 125 to 150 percent versus 2001, and that it expects to begin the year with by far the strongest first quarter in the company`s history.
"The company has successfully completed the pilot production, vendor quality assurance and field qualification phase of the Nomad display system launch," said Microvision CEO Rick Rutkowski. "We received excellent feedback from the first Nomad units delivered to customers and are now ramping production of the Nomad display, in response to increasing order and quotation activity from our direct sales effort. We also expect to report on early successes and strong activity in the development of qualified channel partners for both the Nomad display and the Flic barcode scanner. I look forward to discussing our results and outlook in greater detail in our upcoming conference call."
------------------------------------
Microvision Signs Reseller Agreement With Pen Systems for Nomad Personal Display; VAR Will Sell Nomad System to Medical, Industrial and Municipal Markets
BOTHELL, Wash., Feb 28, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS) today announced that it has signed an agreement with Pen Systems as a reseller of the Nomad(TM) Personal Display System.
Pen Systems plans to couple Microvision`s Nomad display system with its Inspector(TM) product -- a portable tablet computer - and with Inspector+ - a "universal inspection tool" that integrates with any municipal database to provide secure real-time updates over cell or other wireless networks. The Nomad display system will provide the added convenience and utility of a hands-free head-up display to engineers, geologists, inspectors, surveyors, and production and maintenance personnel, allowing them to move more safely and comfortably through job sites and to maximize productivity and quality. In outdoor environments, Nomad`s daylight readability will also be a major benefit.
Pen Systems also plans to offer the Nomad system with CEer -- its universal charting package on the PocketPC platform that enables hospitals to create their own triage and patient charts and to integrate with labs and other department databases through a wireless link.
Pen Systems creates totally mobile applications for industry that take computing off the desktop and into the field. Carrying a complete range of portable and wearable data terminals and peripherals, PSI develops both custom and off-the-shelf mobile wireless systems solutions for customers ranging from cable companies, and public utilities to mining companies, healthcare facilities, and government agencies. Based in Sudbury, Ontario, Pen Systems Inc. has sales and development offices in the U.S., Canada, South Africa, Australia and South America.
"We`re excited about the prospect of working with an experienced technology leader like Pen Systems," said Tom Sanko, Microvision vice president of marketing. "A key part of our channel development strategy for the Nomad system is to team with partners who have established themselves in the area of wireless and mobile applications, and who have a proven track record of successful solutions. Pen Systems has tremendous knowledge of the special needs of its customers. As a result those customers continue to look to them for new technology and business solutions.
"We are intently focused on developing multiple value-added channels for Nomad system sales in order to complement our own internal sales team, and to facilitate the delivery of complete mobile systems to customers. We are very pleased with the response to the Nomad system and we look forward to more quality partnerships of this kind."
Based on Microvision`s patented retinal scanning technology, the recently introduced Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or "head-up" mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move.
BOTHELL, Wash., Feb 28, 2002 (BUSINESS WIRE) --
Company affirms projection of triple digit revenue growth in 2002
Microvision, Inc. (Nasdaq:MVIS), the leader in light scanning technologies, today announced that it will host its 2001 financial results conference call on Thursday March 7, 2002 at 8:00 a.m. PT.
Participants may join the conference call by dialing 800/997-8642 (for U.S. participants) ten minutes prior to the start of the conference. International participants can dial 973/694-6836. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 11:00 p.m. ET March 14, 2002 and can be accessed by dialing 800/428-6051 (for U.S. participants) or 973/709-2089 (for international participants). The confirmation code is 234191.
The company indicated that it will report 2001 revenue in excess of $10.5 million, in line with its recent revenue guidance, and including record revenue in the fourth quarter. The company also affirmed its expectation that 2002 revenue will grow at a rate of 125 to 150 percent versus 2001, and that it expects to begin the year with by far the strongest first quarter in the company`s history.
"The company has successfully completed the pilot production, vendor quality assurance and field qualification phase of the Nomad display system launch," said Microvision CEO Rick Rutkowski. "We received excellent feedback from the first Nomad units delivered to customers and are now ramping production of the Nomad display, in response to increasing order and quotation activity from our direct sales effort. We also expect to report on early successes and strong activity in the development of qualified channel partners for both the Nomad display and the Flic barcode scanner. I look forward to discussing our results and outlook in greater detail in our upcoming conference call."
------------------------------------
Microvision Signs Reseller Agreement With Pen Systems for Nomad Personal Display; VAR Will Sell Nomad System to Medical, Industrial and Municipal Markets
BOTHELL, Wash., Feb 28, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS) today announced that it has signed an agreement with Pen Systems as a reseller of the Nomad(TM) Personal Display System.
Pen Systems plans to couple Microvision`s Nomad display system with its Inspector(TM) product -- a portable tablet computer - and with Inspector+ - a "universal inspection tool" that integrates with any municipal database to provide secure real-time updates over cell or other wireless networks. The Nomad display system will provide the added convenience and utility of a hands-free head-up display to engineers, geologists, inspectors, surveyors, and production and maintenance personnel, allowing them to move more safely and comfortably through job sites and to maximize productivity and quality. In outdoor environments, Nomad`s daylight readability will also be a major benefit.
Pen Systems also plans to offer the Nomad system with CEer -- its universal charting package on the PocketPC platform that enables hospitals to create their own triage and patient charts and to integrate with labs and other department databases through a wireless link.
Pen Systems creates totally mobile applications for industry that take computing off the desktop and into the field. Carrying a complete range of portable and wearable data terminals and peripherals, PSI develops both custom and off-the-shelf mobile wireless systems solutions for customers ranging from cable companies, and public utilities to mining companies, healthcare facilities, and government agencies. Based in Sudbury, Ontario, Pen Systems Inc. has sales and development offices in the U.S., Canada, South Africa, Australia and South America.
"We`re excited about the prospect of working with an experienced technology leader like Pen Systems," said Tom Sanko, Microvision vice president of marketing. "A key part of our channel development strategy for the Nomad system is to team with partners who have established themselves in the area of wireless and mobile applications, and who have a proven track record of successful solutions. Pen Systems has tremendous knowledge of the special needs of its customers. As a result those customers continue to look to them for new technology and business solutions.
"We are intently focused on developing multiple value-added channels for Nomad system sales in order to complement our own internal sales team, and to facilitate the delivery of complete mobile systems to customers. We are very pleased with the response to the Nomad system and we look forward to more quality partnerships of this kind."
Based on Microvision`s patented retinal scanning technology, the recently introduced Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or "head-up" mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move.
Thursday February 28, 4:42 pm Eastern Time
Press Release
SOURCE: Nortel Networks
Nortel Networks Announces Board of Director Changes
Office of Chief Executive Dissolved; John Roth Not Standing for Re-election as a Director; Red Wilson Returns as Non-executive Chairman of the Board; Bill Owens Joins Board of Directors
TORONTO--(BUSINESS WIRE)--Feb. 28, 2002-- The board of directors of Nortel Networks Corporation (NYSE:NT - news; TSE:NT. - news) today announced a number of changes in the make-up of the board including the dissolution of the Office of the Chief Executive.
The Office of the Chief Executive, which was created on November 1, 2001, consisted of: Frank Dunn, president and chief executive officer; Lynton R. (Red) Wilson, executive chairman of the board; and John Roth, non-executive vice-chairman of the board.
It was originally set up to facilitate the transition of Frank Dunn as he succeeded John Roth as president and chief executive officer; assist in setting the strategic direction of the company; and act in an advisory capacity to Dunn and his executive team.
Speaking on behalf of the Board, Wilson said, ``The Board feels the Office of the Chief Executive is no longer required. This is a strong vote of confidence in Frank Dunn and his team.``
In connection with the dissolution of the Office of the Chief Executive, Wilson has returned to his former position as non-executive chairman of the board. Roth, currently a director and non-executive vice chairman of the board, has decided not to stand for re-election to the board at the company`s April 25, 2002 shareholders` meeting.
Roth, who has had a 33-year career with Nortel Networks, said, ``I`m really pleased with the progress Frank Dunn has made since succeeding me as CEO. Disbanding the Office of the Chief Executive is not only an endorsement of Frank`s leadership, but also of Nortel Networks and its people as the company focuses on making 2002 a turning point. Frank and his executive team are leading the charge to restore profitability and drive market momentum.``
Commenting on today`s announcement, Dunn said, ``On behalf of the executive team, I want to thank Red Wilson and John Roth for the assistance they provided during the transition period. We were winding up a very difficult year when I became CEO. The combined understanding and experience I received from Red and John in handling a CEO-level transition was of great help to me as we focus the company on returning to profitability this year.``
The company also announced today that William Arthur (Bill) Owens, 61, has joined its board of directors. Owens is vice chairman of the board and co-chief executive officer of Teledesic, LLC, a US$10 billion private venture building the first satellite communications network that will enable affordable, worldwide access to ``fiber-like`` telecommunications services such as broadband Internet access, videoconferencing, and interactive multimedia.
Prior to assuming his current position in August, 1998, Owens was president, chief operating officer and vice chairman of Science Applications International Corporation (SAIC), one of the world`s leading providers of outsourcing and information technology services and the largest employee-owned research and engineering firm in the United States.
Between 1994 and 1996, Owens was vice chairman of the Joint Chiefs of Staff, the second highest-ranking military officer position in the United States. During his military career, he also held the positions of deputy chief of naval operations (1992 - 1994), commander of the U.S. Sixth Fleet (1990 - 1992), and senior military assistant to the secretary of defense (1988 - 1990).
********************
Owens is currently a director of British American Tobacco plc, Polycom, Inc., ViaSat, Inc., Microvision, Inc., Symantec Corporation, Metal Storm Limited, and Telstra Corporation Limited.
********************
Nortel Networks is an industry leader and innovator focused on transforming how the world communicates and exchanges information. The company is supplying its service provider and enterprise customers with communications technology and infrastructure to enable value-added IP data, voice and multimedia services spanning Metro and Enterprise Networks, Wireless Networks and Optical Long Haul Networks. As a global company, Nortel Networks does business in more than 150 countries. More information about Nortel Networks can be found on the Web at www.nortelnetworks.com.
Press Release
SOURCE: Nortel Networks
Nortel Networks Announces Board of Director Changes
Office of Chief Executive Dissolved; John Roth Not Standing for Re-election as a Director; Red Wilson Returns as Non-executive Chairman of the Board; Bill Owens Joins Board of Directors
TORONTO--(BUSINESS WIRE)--Feb. 28, 2002-- The board of directors of Nortel Networks Corporation (NYSE:NT - news; TSE:NT. - news) today announced a number of changes in the make-up of the board including the dissolution of the Office of the Chief Executive.
The Office of the Chief Executive, which was created on November 1, 2001, consisted of: Frank Dunn, president and chief executive officer; Lynton R. (Red) Wilson, executive chairman of the board; and John Roth, non-executive vice-chairman of the board.
It was originally set up to facilitate the transition of Frank Dunn as he succeeded John Roth as president and chief executive officer; assist in setting the strategic direction of the company; and act in an advisory capacity to Dunn and his executive team.
Speaking on behalf of the Board, Wilson said, ``The Board feels the Office of the Chief Executive is no longer required. This is a strong vote of confidence in Frank Dunn and his team.``
In connection with the dissolution of the Office of the Chief Executive, Wilson has returned to his former position as non-executive chairman of the board. Roth, currently a director and non-executive vice chairman of the board, has decided not to stand for re-election to the board at the company`s April 25, 2002 shareholders` meeting.
Roth, who has had a 33-year career with Nortel Networks, said, ``I`m really pleased with the progress Frank Dunn has made since succeeding me as CEO. Disbanding the Office of the Chief Executive is not only an endorsement of Frank`s leadership, but also of Nortel Networks and its people as the company focuses on making 2002 a turning point. Frank and his executive team are leading the charge to restore profitability and drive market momentum.``
Commenting on today`s announcement, Dunn said, ``On behalf of the executive team, I want to thank Red Wilson and John Roth for the assistance they provided during the transition period. We were winding up a very difficult year when I became CEO. The combined understanding and experience I received from Red and John in handling a CEO-level transition was of great help to me as we focus the company on returning to profitability this year.``
The company also announced today that William Arthur (Bill) Owens, 61, has joined its board of directors. Owens is vice chairman of the board and co-chief executive officer of Teledesic, LLC, a US$10 billion private venture building the first satellite communications network that will enable affordable, worldwide access to ``fiber-like`` telecommunications services such as broadband Internet access, videoconferencing, and interactive multimedia.
Prior to assuming his current position in August, 1998, Owens was president, chief operating officer and vice chairman of Science Applications International Corporation (SAIC), one of the world`s leading providers of outsourcing and information technology services and the largest employee-owned research and engineering firm in the United States.
Between 1994 and 1996, Owens was vice chairman of the Joint Chiefs of Staff, the second highest-ranking military officer position in the United States. During his military career, he also held the positions of deputy chief of naval operations (1992 - 1994), commander of the U.S. Sixth Fleet (1990 - 1992), and senior military assistant to the secretary of defense (1988 - 1990).
********************
Owens is currently a director of British American Tobacco plc, Polycom, Inc., ViaSat, Inc., Microvision, Inc., Symantec Corporation, Metal Storm Limited, and Telstra Corporation Limited.
********************
Nortel Networks is an industry leader and innovator focused on transforming how the world communicates and exchanges information. The company is supplying its service provider and enterprise customers with communications technology and infrastructure to enable value-added IP data, voice and multimedia services spanning Metro and Enterprise Networks, Wireless Networks and Optical Long Haul Networks. As a global company, Nortel Networks does business in more than 150 countries. More information about Nortel Networks can be found on the Web at www.nortelnetworks.com.
Thema Kursrutsch von 10.70$ auf 9.80$ bei 200k Umsatz, am folgenden Tag Erholung auf 10.55$ bei wiederum 200k Umsatz:
besteht die Möglichkeit, dass eine Partei (Fonds, Großaktionär o.ä.) Verluste realisieren wollte (steuerliche Gründe) und sich gleich wieder eindecken wollte???
Das einzig positive an den letzten Meldungen: man hat einen neuen Partner gewonnen.
Ansonsten negativ: von den geplanten knapp 12 Mio$ in 2001 werden es nur 10.5 Mio$. Macht auf ein einziges Quartal bezogen 1.5 Mio$ weniger. Prinzipiell interessieren die Q-Zahlen noch nicht allzu sehr, jedoch fällt auf dass das MVIS-Management in fast jeder Hinsicht immer zu hoch pokert und geetzte Vorgaben nicht erfüllt (Zahlen, Produktverspätungen NOMAD + Flic...). Gefällt mir nicht sonderlich.
Nice weekend
besteht die Möglichkeit, dass eine Partei (Fonds, Großaktionär o.ä.) Verluste realisieren wollte (steuerliche Gründe) und sich gleich wieder eindecken wollte???
Das einzig positive an den letzten Meldungen: man hat einen neuen Partner gewonnen.
Ansonsten negativ: von den geplanten knapp 12 Mio$ in 2001 werden es nur 10.5 Mio$. Macht auf ein einziges Quartal bezogen 1.5 Mio$ weniger. Prinzipiell interessieren die Q-Zahlen noch nicht allzu sehr, jedoch fällt auf dass das MVIS-Management in fast jeder Hinsicht immer zu hoch pokert und geetzte Vorgaben nicht erfüllt (Zahlen, Produktverspätungen NOMAD + Flic...). Gefällt mir nicht sonderlich.
Nice weekend
Microvision Signs General Aviation Reseller for Nomad Personal Display Systems
BOTHELL, Wash., Mar 4, 2002 (BUSINESS WIRE) --
PCFLIGHTSYSTEMS will offer affordable electronic flight instrument system (EFIS) coupled to Nomad Personal Display
Microvision (Nasdaq:MVIS) today announced that it has signed an agreement with Sellers Aviation/PCFLIGHTSYSTEMS, a general aviation (GA) value added reseller, to distribute the Nomad(TM) Personal Display System with PCFLIGHTSYSTEMS products.
PCFLIGHTSYSTEMS (WWW.PCFLIGHTSYSTEMS.COM), based in Ocala, Fl, will link Microvision`s Nomad Personal Display system with its PCEFIS product, the first affordable electronic attitude and artificial horizon (gyro) indicators for general aviation. The PCEFIS software runs on a handheld Compaq iPAQ(R) (or other PocketPC(R)) computer that is coupled to a small black box (6.75" X 4.75" X 2.5") containing solid-state gyroscopes (along with accelerometers and a digital signal processor). The result is a powerful electronic attitude instrument that can measure roll, pitch and yaw in a "walk on / walk off" kit that can be used on virtually any airplane.
Pilots wearing the lightweight Nomad display connected to PCEFIS will be able to view attitude instruments in a head-up mode, through a fully daylight readable, high-resolution display at a small fraction of the cost of installing a conventional head-up display. A new GPS module for PCEFIS will add ground track, altitude, rate of climb, and ground speed information onto the attitude display. As a result, GA pilots can have the functionality of an Electronic Flight Instrument System (EFIS) display system usually found in fighter jets or commercial aircraft in a convenient and affordable system.
The PCEFIS system runs off of battery power or can connect through a standard 12 Volt lighter receptacle so that no modifications to the aircraft are required. PCEFIS runs independent of installed avionics, and because it is not a primary flight instrument, does not require FAA certification.
According to Bruce Westcoat, Microvision`s Market Segment Manager for Aerospace, the system will improve situational awareness, by enabling the pilot`s focus to be outside the cockpit, while still having access to instrument data, particularly critical during heavy pilot workloads in controlled airspace.
"Partnering with Value Added Resellers (VARs) who are developing innovative systems that can interface to the Nomad display is a cornerstone of our general aviation marketing strategy," Westcoat explained. "PCFLIGHTSYSTEMS is offering a system that is plug-compatible with Nomad, offers a combination of compelling features, convenience and affordability, and is already being well received in the marketplace. When you couple the Nomad display to PCEFIS, you have the most affordable fully functional head-up display that the industry has ever seen, and it can be installed literally in minutes. We`re anticipating a great response to this product in the marketplace. We expect to develop multiple value-added partners for Nomad System sales in general aviation to complement our own sales team, and to facilitate the delivery of complete systems for pilots."
Westcoat says that he is enthusiastic about the prospects for Microvision`s Nomad Personal Display System in the General Aviation market. With over 500,000 active general aviation pilots in the US alone, the company sees tremendous market potential for the Nomad System as an affordable and convenient means of adding to the safety and enjoyment of flying.
PCFLIGHTSYSTEMS will demonstrate its PCEFIS system with the Nomad Personal Display System at the Sun-n-Fun air show in Lakeland, FL. April 7-13, and the EAA AirVenture Oshkosh air show July 23-29.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
BOTHELL, Wash., Mar 4, 2002 (BUSINESS WIRE) --
PCFLIGHTSYSTEMS will offer affordable electronic flight instrument system (EFIS) coupled to Nomad Personal Display
Microvision (Nasdaq:MVIS) today announced that it has signed an agreement with Sellers Aviation/PCFLIGHTSYSTEMS, a general aviation (GA) value added reseller, to distribute the Nomad(TM) Personal Display System with PCFLIGHTSYSTEMS products.
PCFLIGHTSYSTEMS (WWW.PCFLIGHTSYSTEMS.COM), based in Ocala, Fl, will link Microvision`s Nomad Personal Display system with its PCEFIS product, the first affordable electronic attitude and artificial horizon (gyro) indicators for general aviation. The PCEFIS software runs on a handheld Compaq iPAQ(R) (or other PocketPC(R)) computer that is coupled to a small black box (6.75" X 4.75" X 2.5") containing solid-state gyroscopes (along with accelerometers and a digital signal processor). The result is a powerful electronic attitude instrument that can measure roll, pitch and yaw in a "walk on / walk off" kit that can be used on virtually any airplane.
Pilots wearing the lightweight Nomad display connected to PCEFIS will be able to view attitude instruments in a head-up mode, through a fully daylight readable, high-resolution display at a small fraction of the cost of installing a conventional head-up display. A new GPS module for PCEFIS will add ground track, altitude, rate of climb, and ground speed information onto the attitude display. As a result, GA pilots can have the functionality of an Electronic Flight Instrument System (EFIS) display system usually found in fighter jets or commercial aircraft in a convenient and affordable system.
The PCEFIS system runs off of battery power or can connect through a standard 12 Volt lighter receptacle so that no modifications to the aircraft are required. PCEFIS runs independent of installed avionics, and because it is not a primary flight instrument, does not require FAA certification.
According to Bruce Westcoat, Microvision`s Market Segment Manager for Aerospace, the system will improve situational awareness, by enabling the pilot`s focus to be outside the cockpit, while still having access to instrument data, particularly critical during heavy pilot workloads in controlled airspace.
"Partnering with Value Added Resellers (VARs) who are developing innovative systems that can interface to the Nomad display is a cornerstone of our general aviation marketing strategy," Westcoat explained. "PCFLIGHTSYSTEMS is offering a system that is plug-compatible with Nomad, offers a combination of compelling features, convenience and affordability, and is already being well received in the marketplace. When you couple the Nomad display to PCEFIS, you have the most affordable fully functional head-up display that the industry has ever seen, and it can be installed literally in minutes. We`re anticipating a great response to this product in the marketplace. We expect to develop multiple value-added partners for Nomad System sales in general aviation to complement our own sales team, and to facilitate the delivery of complete systems for pilots."
Westcoat says that he is enthusiastic about the prospects for Microvision`s Nomad Personal Display System in the General Aviation market. With over 500,000 active general aviation pilots in the US alone, the company sees tremendous market potential for the Nomad System as an affordable and convenient means of adding to the safety and enjoyment of flying.
PCFLIGHTSYSTEMS will demonstrate its PCEFIS system with the Nomad Personal Display System at the Sun-n-Fun air show in Lakeland, FL. April 7-13, and the EAA AirVenture Oshkosh air show July 23-29.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
REPEAT/Microvision`s Expert Mechanic Package Will Increase Productivity and Reduce Costs for Automotive Maintenance
DETROIT--(BUSINESS WIRE)--March 4, 2002--
Nomad Personal Display System allows hands-free
access to automotive maintenance procedures
Today at the Society of Automotive Engineers conference in Detroit, MI (March 4-7), Microvision, Inc. (Nasdaq:MVIS) unveiled the Expert Mechanic Package featuring the Nomad(TM)Personal Display System.
Microvision is demonstrating the system at booth No. 1625. The system is being targeted to automakers and fleet operators who wish to reduce maintenance and warranty expenses by increasing the automotive mechanic`s productivity.
The Expert Mechanic Package is built around the Nomad System, the world`s first high brightness, head-worn, see-through display. The system increases the productivity of service technicians and mechanics by allowing head up, hands-free access at the point of task to images and information such as automotive service manuals in electronic format. The Nomad display superimposes technical data and procedural instructions in the worker`s field of view, according to Bruce Ridley, Microvision marketing manager for industrial applications.
A recent field trial done in the service department of an ambulance and emergency vehicle company -- where minimizing downtime is critical -- proved that the Expert Mechanic Package increased efficiency and provided on-the-job (or at-the-task) training. The trial resulted in a total efficiency gain of 45 percent. Experts decreased their repair time by 27 percent and novices decreased 63 percent.
Of particular significance, noted Ridley, was that novice task time and expert task time ended up almost equal, proving that "information at the point of task can help train employees of all levels."
As a result of recent demonstrations of the Expert Mechanic Package, Microvision expects to begin field trials with one or more automobile manufacturers within the next ninety days. The company also expects to attract fleet, airline and other large maintenance operations and is also in active discussions with content and service providers while at the SAE conference.
"We think this application of the Nomad System has enormous potential," added Ridley. "With each model year automobiles are becoming increasingly complex while customers` expectations for reliability and a satisfactory service experience are rising. It`s nearly impossible to adequately train service technicians and the result can be escalating warranty costs for automakers."
By providing interactive electronic support for maintenance and repair procedures, the Expert Mechanic Package can improve quality and productivity to help automakers control those costs. Service technicians and mechanics will perform more accurate diagnoses and spend less time looking for information with a system designed to display relevant information at the worker`s point of task.
Microvision`s Expert Mechanic Package includes the Nomad Personal Display System, a wearable computer, voice activated software, and an optional wireless communication feature that enables hands-free access to a remote server. The Expert Mechanic Package bundle retails at approximately $16,000.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military --- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
DETROIT--(BUSINESS WIRE)--March 4, 2002--
Nomad Personal Display System allows hands-free
access to automotive maintenance procedures
Today at the Society of Automotive Engineers conference in Detroit, MI (March 4-7), Microvision, Inc. (Nasdaq:MVIS) unveiled the Expert Mechanic Package featuring the Nomad(TM)Personal Display System.
Microvision is demonstrating the system at booth No. 1625. The system is being targeted to automakers and fleet operators who wish to reduce maintenance and warranty expenses by increasing the automotive mechanic`s productivity.
The Expert Mechanic Package is built around the Nomad System, the world`s first high brightness, head-worn, see-through display. The system increases the productivity of service technicians and mechanics by allowing head up, hands-free access at the point of task to images and information such as automotive service manuals in electronic format. The Nomad display superimposes technical data and procedural instructions in the worker`s field of view, according to Bruce Ridley, Microvision marketing manager for industrial applications.
A recent field trial done in the service department of an ambulance and emergency vehicle company -- where minimizing downtime is critical -- proved that the Expert Mechanic Package increased efficiency and provided on-the-job (or at-the-task) training. The trial resulted in a total efficiency gain of 45 percent. Experts decreased their repair time by 27 percent and novices decreased 63 percent.
Of particular significance, noted Ridley, was that novice task time and expert task time ended up almost equal, proving that "information at the point of task can help train employees of all levels."
As a result of recent demonstrations of the Expert Mechanic Package, Microvision expects to begin field trials with one or more automobile manufacturers within the next ninety days. The company also expects to attract fleet, airline and other large maintenance operations and is also in active discussions with content and service providers while at the SAE conference.
"We think this application of the Nomad System has enormous potential," added Ridley. "With each model year automobiles are becoming increasingly complex while customers` expectations for reliability and a satisfactory service experience are rising. It`s nearly impossible to adequately train service technicians and the result can be escalating warranty costs for automakers."
By providing interactive electronic support for maintenance and repair procedures, the Expert Mechanic Package can improve quality and productivity to help automakers control those costs. Service technicians and mechanics will perform more accurate diagnoses and spend less time looking for information with a system designed to display relevant information at the worker`s point of task.
Microvision`s Expert Mechanic Package includes the Nomad Personal Display System, a wearable computer, voice activated software, and an optional wireless communication feature that enables hands-free access to a remote server. The Expert Mechanic Package bundle retails at approximately $16,000.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military --- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Hallo.
Wollte mich doch auch mal schreibenderweise an diesem Thread beteiligen und Micheal_III an dieser Stelle mal für seine Arbeit im Thread danken ! Weiter so !!!
Aber nun zur News: MVIS ist sehrwohl auf der Cebit!!!
(wenn auch scheinbar nicht mit einem Stand sondern nur per Terminabsprache?)
Quelle: http://www.mvis.com/co_nr_events.htm
Würde mich mal interessieren, ob jemand von Euch dort hingehen wird und nen Termin macht (oder sonst irgendwie in den Genuß kommt, Normad zu testen!) !!!
Cybi
Wollte mich doch auch mal schreibenderweise an diesem Thread beteiligen und Micheal_III an dieser Stelle mal für seine Arbeit im Thread danken ! Weiter so !!!
Aber nun zur News: MVIS ist sehrwohl auf der Cebit!!!
(wenn auch scheinbar nicht mit einem Stand sondern nur per Terminabsprache?)
Quelle: http://www.mvis.com/co_nr_events.htm
Würde mich mal interessieren, ob jemand von Euch dort hingehen wird und nen Termin macht (oder sonst irgendwie in den Genuß kommt, Normad zu testen!) !!!
Cybi
Microvision Signs Second General Aviation Reseller for Nomad Personal Display System
BOTHELL, Wash., Mar 5, 2002 (BUSINESS WIRE) --
Control Vision Will Market Affordable Head-Up Display with Moving Map Navigation System To Private Pilots
Microvision (Nasdaq:MVIS) today announced that it has signed a development and distribution agreement with general aviation (GA) value added reseller Control Vision Corporation, to distribute the Nomad(TM) Personal Display System bundled with Control Vision products.
Control Vision (www.controlvision.com), based in Pittsburg, KS, will link Microvision`s Nomad Personal Display System with its Anywhere Map(TM) GPS map software, a moving map navigation system, that offers such features as continuous Direction Measuring Equipment (DME) readout to nearby airports, a detailed aeronautical map, the "cones of safety" display, and the Personal Digital Copilot flight management system with the convenience of a touch screen interface. Until now, navigation systems offering this type of functionality have historically been cost prohibitive to the general aviation pilot and available only to larger commercial aircraft. Control Vision`s software runs on a portable Compaq iPAQ(R) (or other PocketPC(R)) and is a "walk on / walk off" kit which can run off battery power, or connect through a standard 12 Volt lighter receptacle.
Control Vision is optimizing its software to take full advantage of the head-up viewing features of Microvision`s Nomad wearable display. The company also plans to develop new aircraft instrument applications based on the unique display to deliver additional features to its customers.
Jay Humbard, Control Vision President, stated, "We have an existing customer base of over 5,000 pilots who understand the value of portable and affordable navigation systems. Now with the addition of the Nomad wearable display, our customers will be able to view detailed flight information in a head-up mode, through a fully daylight readable, high-resolution display at a small fraction of the cost of installing a conventional head-up display."
The Nomad wearable display system enables the pilot`s focus to be outside the cockpit while still viewing navigational information in a head-up mode, increasing situational awareness particularly critical during heavy pilot workloads in controlled airspace. No modifications to the aircraft are required, and pilots can use the systems on virtually any airplane. The systems run independent of installed avionics, and because they are not primary flight instruments, do not require FAA certification.
Bruce Westcoat, Microvision marketing manager for aerospace applications, stated, "With over 400,000 aircraft and more than 500,000 active general aviation pilots in the US alone, we see tremendous potential for the Nomad System in the GA market.
According to the FAA, increases in the number of flights in the next decade will be accommodated primarily through increased use of technology to heighten situational awareness. Once "state-of-the-art" systems like Visual Omni Range, LORAN, and Area Direction Finding equipment are rapidly being replaced with new, more accurate GPS systems. Increased regulation of air traffic and increases in traffic control areas place more requirements on pilots to navigate more accurately and to control their flight with more precision. The Nomad Personal Display System coupled with Control Vision`s Anywhere Map enables the pilot to navigate accurately while maintaining excellent situational awareness"
Control Vision will demonstrate the use of the Nomad System at April`s Sun-n-Fun air show (in Lakeland, FL), and the EAA AirVenture Oshkosh air show July 23 - 29.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
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-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission.
CONTACT:
Microvision Inc.
Matt Nichols, 425/415-6847 (media)
mattn@mvis.com
or
Brian Heagler, 425/415-6847 (investors)
brian_heagler@mvis.com
URL:
BOTHELL, Wash., Mar 5, 2002 (BUSINESS WIRE) --
Control Vision Will Market Affordable Head-Up Display with Moving Map Navigation System To Private Pilots
Microvision (Nasdaq:MVIS) today announced that it has signed a development and distribution agreement with general aviation (GA) value added reseller Control Vision Corporation, to distribute the Nomad(TM) Personal Display System bundled with Control Vision products.
Control Vision (www.controlvision.com), based in Pittsburg, KS, will link Microvision`s Nomad Personal Display System with its Anywhere Map(TM) GPS map software, a moving map navigation system, that offers such features as continuous Direction Measuring Equipment (DME) readout to nearby airports, a detailed aeronautical map, the "cones of safety" display, and the Personal Digital Copilot flight management system with the convenience of a touch screen interface. Until now, navigation systems offering this type of functionality have historically been cost prohibitive to the general aviation pilot and available only to larger commercial aircraft. Control Vision`s software runs on a portable Compaq iPAQ(R) (or other PocketPC(R)) and is a "walk on / walk off" kit which can run off battery power, or connect through a standard 12 Volt lighter receptacle.
Control Vision is optimizing its software to take full advantage of the head-up viewing features of Microvision`s Nomad wearable display. The company also plans to develop new aircraft instrument applications based on the unique display to deliver additional features to its customers.
Jay Humbard, Control Vision President, stated, "We have an existing customer base of over 5,000 pilots who understand the value of portable and affordable navigation systems. Now with the addition of the Nomad wearable display, our customers will be able to view detailed flight information in a head-up mode, through a fully daylight readable, high-resolution display at a small fraction of the cost of installing a conventional head-up display."
The Nomad wearable display system enables the pilot`s focus to be outside the cockpit while still viewing navigational information in a head-up mode, increasing situational awareness particularly critical during heavy pilot workloads in controlled airspace. No modifications to the aircraft are required, and pilots can use the systems on virtually any airplane. The systems run independent of installed avionics, and because they are not primary flight instruments, do not require FAA certification.
Bruce Westcoat, Microvision marketing manager for aerospace applications, stated, "With over 400,000 aircraft and more than 500,000 active general aviation pilots in the US alone, we see tremendous potential for the Nomad System in the GA market.
According to the FAA, increases in the number of flights in the next decade will be accommodated primarily through increased use of technology to heighten situational awareness. Once "state-of-the-art" systems like Visual Omni Range, LORAN, and Area Direction Finding equipment are rapidly being replaced with new, more accurate GPS systems. Increased regulation of air traffic and increases in traffic control areas place more requirements on pilots to navigate more accurately and to control their flight with more precision. The Nomad Personal Display System coupled with Control Vision`s Anywhere Map enables the pilot to navigate accurately while maintaining excellent situational awareness"
Control Vision will demonstrate the use of the Nomad System at April`s Sun-n-Fun air show (in Lakeland, FL), and the EAA AirVenture Oshkosh air show July 23 - 29.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
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-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission.
CONTACT:
Microvision Inc.
Matt Nichols, 425/415-6847 (media)
mattn@mvis.com
or
Brian Heagler, 425/415-6847 (investors)
brian_heagler@mvis.com
URL:
neues STRONG BUY rating für MVIS
Headline from Dow Jones:
>>03/05 8:50A (DJ) *DJ Ladenburg Starts Microvision At Strong Buy Rating >MVIS
(END) DOW JONES NEWS 03-05-02
08:50 AM<<
neues SEC FILING
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=MVIS%60&sele…
Headline from Dow Jones:
>>03/05 8:50A (DJ) *DJ Ladenburg Starts Microvision At Strong Buy Rating >MVIS
(END) DOW JONES NEWS 03-05-02
08:50 AM<<
neues SEC FILING
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=MVIS%60&sele…
Na endlich kommt Musik rein.
Hi
und weiter gehts mit
Microvision`s Nomad Personal Display System Demonstrated as Aid for Surgeons in Knee Reconstruction
Scientific Exhibit at the American Academy of Orthopedic Surgeons illustrates advantages of augmented vision
BOTHELL, Wash.--(BUSINESS WIRE)--March 6, 2002-- Microvision (Nasdaq:MVIS - news) today announced that researchers from Carnegie Mellon University (CMU), The Western Pennsylvania Hospital and CASurgica, Inc., recently demonstrated the advantages of an augmented vision system featuring Microvision`s Nomad Personal Display, to aid surgeons in knee reconstruction, especially for the repair of the anterior cruciate ligament (ACL).
The group demonstrated the results of a feasibility study conducted in Pittsburgh, PA, at a scientific exhibit during the American Academy of Orthopedic Surgeons Convention.
The purpose of this study was to develop and evaluate a novel surgical tool that combines CMU`s ``KneeNav-ACL`` system; an intuitive and flexible image guided surgical navigation system for ACL reconstruction, with Microvision`s Nomad personal display. The Nomad(TM) Display enabled surgeons to view real-time videoscopic images combined with computer-generated anatomic and guidance images overlaid directly into the surgical view, to create an effect referred to as ``augmented reality``.
``Surgeons that saw this exhibit were excited about the potential of performing this procedure while viewing navigation information overlaid directly on the knee,`` stated David Ormerod, Microvision`s medical marketing manager. ``Reconstruction of the anterior cruciate ligament (ACL) is one of the most common procedures performed in the area of sports medicine today. Along with other knee procedures, millions of patients are being treated annually in the U.S. alone. The Nomad Personal Display System has the potential to provide many surgeons with a completely new visual interface that can improve upon current orthopedic procedures.``
Although ACL reconstruction is a routine procedure, accurate graft placement and tensioning remain challenging goals for surgeons, according to Ormerod. Current ACL reconstruction utilizes arthroscopic techniques requiring surgeons to divide attention between the patient`s knee and a monitor generally located some distance away. Surgeons wearing the lightweight, see-through Nomad display integrated into the surgical navigation system realize a distinct advantage in that the surgeon can make the most effective use of the real-time guidance information without distraction from the point of task. Several computer-assisted navigation systems have been developed attempting to address efficacy and precision in graft placement. However, these systems introduce additional displays and complex user interfaces into the surgical environment.
Based on Microvision`s patented retinal scanning technology, the recently introduced Nomad display system is a high-resolution head worn display that presents images and information to the user in a see-through or ``head-up`` mode. The Nomad system provides new forms of visualization that will prove to be a central part of computer-assisted surgical suites and medical environments in the future. These techniques will involve new display modalities coupled to both existing and new techniques for scene registration, image acquisition and enhancement in order to support analysis and decisions at the point of care.
This unique personal display will enable head-up, hands-free access to such information as arthroscopic images, ultrasound images, and guidance views for image-guided surgery. The Nomad system features full daylight-readability, allowing medical personnel to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing medical applications and content.
Study researchers: Anthony M DiGioia III, MD, James Moody, MS, Frederic Picard, MD, Constantinos Nikou, MS, Carles Reverte, BS, Richard S LaBarca, MS, Branislav Jaramaz, PhD (Carnegie Mellon University, The Western Pennsylvania Hospital; CASurgica, Inc., Pittsburgh PA).
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
und weiter gehts mit
Microvision`s Nomad Personal Display System Demonstrated as Aid for Surgeons in Knee Reconstruction
Scientific Exhibit at the American Academy of Orthopedic Surgeons illustrates advantages of augmented vision
BOTHELL, Wash.--(BUSINESS WIRE)--March 6, 2002-- Microvision (Nasdaq:MVIS - news) today announced that researchers from Carnegie Mellon University (CMU), The Western Pennsylvania Hospital and CASurgica, Inc., recently demonstrated the advantages of an augmented vision system featuring Microvision`s Nomad Personal Display, to aid surgeons in knee reconstruction, especially for the repair of the anterior cruciate ligament (ACL).
The group demonstrated the results of a feasibility study conducted in Pittsburgh, PA, at a scientific exhibit during the American Academy of Orthopedic Surgeons Convention.
The purpose of this study was to develop and evaluate a novel surgical tool that combines CMU`s ``KneeNav-ACL`` system; an intuitive and flexible image guided surgical navigation system for ACL reconstruction, with Microvision`s Nomad personal display. The Nomad(TM) Display enabled surgeons to view real-time videoscopic images combined with computer-generated anatomic and guidance images overlaid directly into the surgical view, to create an effect referred to as ``augmented reality``.
``Surgeons that saw this exhibit were excited about the potential of performing this procedure while viewing navigation information overlaid directly on the knee,`` stated David Ormerod, Microvision`s medical marketing manager. ``Reconstruction of the anterior cruciate ligament (ACL) is one of the most common procedures performed in the area of sports medicine today. Along with other knee procedures, millions of patients are being treated annually in the U.S. alone. The Nomad Personal Display System has the potential to provide many surgeons with a completely new visual interface that can improve upon current orthopedic procedures.``
Although ACL reconstruction is a routine procedure, accurate graft placement and tensioning remain challenging goals for surgeons, according to Ormerod. Current ACL reconstruction utilizes arthroscopic techniques requiring surgeons to divide attention between the patient`s knee and a monitor generally located some distance away. Surgeons wearing the lightweight, see-through Nomad display integrated into the surgical navigation system realize a distinct advantage in that the surgeon can make the most effective use of the real-time guidance information without distraction from the point of task. Several computer-assisted navigation systems have been developed attempting to address efficacy and precision in graft placement. However, these systems introduce additional displays and complex user interfaces into the surgical environment.
Based on Microvision`s patented retinal scanning technology, the recently introduced Nomad display system is a high-resolution head worn display that presents images and information to the user in a see-through or ``head-up`` mode. The Nomad system provides new forms of visualization that will prove to be a central part of computer-assisted surgical suites and medical environments in the future. These techniques will involve new display modalities coupled to both existing and new techniques for scene registration, image acquisition and enhancement in order to support analysis and decisions at the point of care.
This unique personal display will enable head-up, hands-free access to such information as arthroscopic images, ultrasound images, and guidance views for image-guided surgery. The Nomad system features full daylight-readability, allowing medical personnel to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing medical applications and content.
Study researchers: Anthony M DiGioia III, MD, James Moody, MS, Frederic Picard, MD, Constantinos Nikou, MS, Carles Reverte, BS, Richard S LaBarca, MS, Branislav Jaramaz, PhD (Carnegie Mellon University, The Western Pennsylvania Hospital; CASurgica, Inc., Pittsburgh PA).
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
Hier noch ein Zitat aus dem Yahoo Bord.
Wenn MVIS diesen Zeitplan einhält, dann aber hallo.
...<<But one of the promises of wearable computing is "augmented reality"--using geo-positioning and head tracking systems, information can be superimposed on the user`s field of vision overlaid on the landscape, allowing the user to see the real world and the overlay simultaneously. For instance, mapping software can tell you the address of the building you`re looking at.
Stryker Instruments of Kalamazoo, Mich., is working on an augmented reality system for orthopedic surgeons, where the doctor sees an X-ray image of a bone superimposed on his view of it. In less-technical terms, the system could be described as X-ray vision glasses.
Stryker`s see-through head-mounted display is made by Microvision Inc. of Bothell, Wash. Its president, Rick Rutkowski, said the firm is working on a version that bounces colored light beams off a tiny, vibrating mirror onto the inside of the user`s glasses. Scanning back and forth, the beam forms a full-color image with the resolution of a computer display, with brightness adjusted to contrast with the background. The display could even have a bifocal arrangement, with the user looking down to read the screen and up to see the landscape, he said.
The units should resemble ordinary glasses. Prototypes are already being tested. "We expect to see low-cost production in 2004, with an end-user price around $100," he said.
Virtual instuments for pilots
At Phantom Works, the Seattle-based advanced research and development unit of Boeing Co., crew station technology manager Richard Edwards said Boeing is developing systems for helicopter pilots that use the Microvision display and a head tracker. Every time the pilot looks down, the system will display modern "virtual instruments" atop the pilot`s view of the old-fashioned ones. The latter can be torn out of the plane or helicopter`s cockpit to lighten the aircraft`s weight, or left as backup, he said.
The pilot`s headphones will have a 3-D sound system so that the voice of another crew member will seem to come from that person, to avoid confusion. Audio "earcons" will signal certain events--a sucking sound will warn of fuel exhaustion, for instance. Speech input will be used to control non-essential systems.
In addition to the headphones` sensors, the pilot will wear a "tactile" vest containing tiny motors that will actually nudge the pilot away from danger, Edwards said.
Wenn MVIS diesen Zeitplan einhält, dann aber hallo.
...<<But one of the promises of wearable computing is "augmented reality"--using geo-positioning and head tracking systems, information can be superimposed on the user`s field of vision overlaid on the landscape, allowing the user to see the real world and the overlay simultaneously. For instance, mapping software can tell you the address of the building you`re looking at.
Stryker Instruments of Kalamazoo, Mich., is working on an augmented reality system for orthopedic surgeons, where the doctor sees an X-ray image of a bone superimposed on his view of it. In less-technical terms, the system could be described as X-ray vision glasses.
Stryker`s see-through head-mounted display is made by Microvision Inc. of Bothell, Wash. Its president, Rick Rutkowski, said the firm is working on a version that bounces colored light beams off a tiny, vibrating mirror onto the inside of the user`s glasses. Scanning back and forth, the beam forms a full-color image with the resolution of a computer display, with brightness adjusted to contrast with the background. The display could even have a bifocal arrangement, with the user looking down to read the screen and up to see the landscape, he said.
The units should resemble ordinary glasses. Prototypes are already being tested. "We expect to see low-cost production in 2004, with an end-user price around $100," he said.
Virtual instuments for pilots
At Phantom Works, the Seattle-based advanced research and development unit of Boeing Co., crew station technology manager Richard Edwards said Boeing is developing systems for helicopter pilots that use the Microvision display and a head tracker. Every time the pilot looks down, the system will display modern "virtual instruments" atop the pilot`s view of the old-fashioned ones. The latter can be torn out of the plane or helicopter`s cockpit to lighten the aircraft`s weight, or left as backup, he said.
The pilot`s headphones will have a 3-D sound system so that the voice of another crew member will seem to come from that person, to avoid confusion. Audio "earcons" will signal certain events--a sucking sound will warn of fuel exhaustion, for instance. Speech input will be used to control non-essential systems.
In addition to the headphones` sensors, the pilot will wear a "tactile" vest containing tiny motors that will actually nudge the pilot away from danger, Edwards said.
ZZt hauen die ja schon auf die PR-Trommel...
Gabi, auch immer fleißig am yahoo lesen? Erinnert mich ein klein wenig an ALIF, ist dort auch eine eingefleischte Pro-Gemeinde.
Ich kann mir nicht vorstellen, dass MVIS mit NOMAD großen Erfolg haben wird, schlicht und ergreifend ein teures Spielzeug, man wird erst signifikante Umsätze erzielen können wenn man im low-cost Bereich arbeitet. Und bis dahin ists noch ein Stückchen, einige Mio$ werden noch verbrannt werden, aber die Richtung scheint eindeutig zu stimmen.
Wieso jetzt ein teuren NOMAD kaufen, wenns die in 2-3 Jahren für nen Apfel und Ei gibt?
Ich lasse mich gern positiv überraschen. Wenn man auf die event-page bei MVIS geht wird man feststellen dass sie mittlerweile ständig irgendwo präsent sind. Wie schnell und extrem Kursänderungen in beide Richtungen statt finden können sieht man hier sehr deutlich.
Gabi, auch immer fleißig am yahoo lesen? Erinnert mich ein klein wenig an ALIF, ist dort auch eine eingefleischte Pro-Gemeinde.
Ich kann mir nicht vorstellen, dass MVIS mit NOMAD großen Erfolg haben wird, schlicht und ergreifend ein teures Spielzeug, man wird erst signifikante Umsätze erzielen können wenn man im low-cost Bereich arbeitet. Und bis dahin ists noch ein Stückchen, einige Mio$ werden noch verbrannt werden, aber die Richtung scheint eindeutig zu stimmen.
Wieso jetzt ein teuren NOMAD kaufen, wenns die in 2-3 Jahren für nen Apfel und Ei gibt?
Ich lasse mich gern positiv überraschen. Wenn man auf die event-page bei MVIS geht wird man feststellen dass sie mittlerweile ständig irgendwo präsent sind. Wie schnell und extrem Kursänderungen in beide Richtungen statt finden können sieht man hier sehr deutlich.
Microvision Reports Record Revenue for Fourth Quarter and FY 2001; Revenue Increases 48% for the Fourth Quarter; Up 33% for the Year
BOTHELL, Wash., Mar 7, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today reported financial results for the fourth quarter and full year of 2001.
Revenue for the fourth quarter of 2001 rose 48% to $4.3 million compared to $2.9 million for the same period in 2000. Revenue for the twelve months ended December 31, 2001 increased 33% to $10.8 million compared to $8.1 million for the same period in 2000. Revenue for both the fourth quarter of 2001 and the full year were the highest in the Company`s history.
For the three months ended December 31, 2001, Microvision reported a consolidated net loss of $7.8 million or $.61 per share compared to a net loss of $6.9 million or $.58 per share for the same period in 2000. For the year ended December 31, 2001, the Company reported a consolidated net loss of $34.8 million or $2.85 per share compared to a consolidated net loss of $26.6 million or $2.33 per share for the same period in 2000. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and twelve months ended December 31, 2001, the portion of the consolidated loss attributable to Lumera was $100,000 or $.01 per share and $3.0 million or $.25 per share, respectively, compared to $2.2 million or $.19 per share and $2.9 million or $.25 per share for the three and twelve months ended December 31, 2000, respectively.
The Company, including Lumera, ended the year with $33.7 million in cash, cash equivalents and investment securities and a contract backlog of $6.8 million.
"We have just completed the most successful year in Microvision`s history, achieving significant product milestones and recording record revenue for the fourth quarter and the full year," said Microvision CEO Rick Rutkowski. "2001 was also a year in which we undertook the development of compelling products featuring Microvision`s proprietary microscanning and electro-optics technology: the recently-launched Nomad personal display and the soon-to-be-launched Flic personal barcode scanner. Early in the year, we completed a $24 million funding for our Lumera subsidiary with Cisco as lead investor, and we continue to look forward to developments from Lumera in the future as they develop powerful products based on their proprietary electro-optic polymer technology."
"During the first months of this year, we successfully completed the pilot production, vendor quality assurance and field qualification for the commercial launch of our Nomad display system, and are now ramping production to support growing and more visible demand for the product. We continue to receive excellent feedback from the first Nomad units delivered to customers, and to see growing quotation activity from our direct sales effort. We are also having early successes in signing qualified channel partners to address a variety of market opportunities for the Nomad display, and expect to execute a number of additional channel partnerships this quarter and next."
"Since first introducing a pre-production prototype of our Flic personal barcode scanner in November, we have had a strong response from both channel partners and several potential OEM partners, as well as from large potential end-users. We continue to target a mid-year commercial launch, and we look forward to reporting on further developments with OEM and channel partners leading up to the product launch. Early indications suggest that we may see robust sales activity from Flic during the second half of this year."
"In addition to the launch of two commercial products this year, we continue to make significant progress in developing powerful technology to address the potential for high volume consumer display applications. Our recent prototypes are notable for their extraordinary image quality. Featuring full SVGA (800 X 600) resolution, the display`s color saturation and color gamut are both superior to other miniature displays. Dynamic range has been tested at greater than 50,000 to 1, pointing the way to contrast ratios in excess of 200 to 1, and we are just getting started. Through partnerships with Wahlsin Lihwa and others, we believe that we can produce these superior quality displays for much lower costs than competing miniature displays. We fully expect to develop additional strategic relationships in higher volume product categories such as digital cameras, and consumer and enterprise mobile communications devices.
We are also progressing with our development of laser-scanning cameras for a variety of image capture applications, ranging from two-dimensional barcode readers to machine vision systems and advanced medical scopes. Interest from prospective partners in a variety of image capture applications and products continues to grow, and we expect additional partnering developments relating to these future products as well.
During the year we delivered prototype systems of unique laser-scanning projection systems to leading automobile manufacturers. The systems have been very well received, and we currently anticipate that we will soon be able to report on one or more projects that will continue this work.
Our ongoing contract work for the U.S. military has achieved unmatched technical successes in terms of overall system performance. New contracts initiated late in 2001 have broadened the scope of our funded projects to include developments that build on and leverage our ongoing work in the category of wearable displays for military surgeons, medics and dismounted troops, in addition to our work with the Army on helmet mounted displays for rotorcraft. We expect to announce several new contract awards in the weeks ahead.
"We expect revenue for the first quarter of 2002 to be in the range of $3.5 million, by far the best first quarter in our history, and a substantial increase compared to the same period last year. We continue to target triple digit growth for 2002, with revenue for the year increasing in the range of 125% to 150% versus 2001. Revenue growth in Q2 through Q4 is expected to benefit from increasing sales and production volumes of the Nomad display as well as the introduction of the Flic barcode scanner product at the end of Q2."
Conference Call
Microvision will host a conference call to discuss its fourth quarter and full year 2001 financial results at 8:00 a.m. PT. Participants may join the conference call by dialing 800/997-8642 (for U.S. participants) ten minutes prior to the start of the conference. International participants can dial 973/694-6836. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 11:00 p.m. ET March 14, 2002 and can be accessed by dialing 800/428-6051 (for U.S. participants) or 973/709-2089 (for international participants). The confirmation code is 234191.
About Microvision
BOTHELL, Wash., Mar 7, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today reported financial results for the fourth quarter and full year of 2001.
Revenue for the fourth quarter of 2001 rose 48% to $4.3 million compared to $2.9 million for the same period in 2000. Revenue for the twelve months ended December 31, 2001 increased 33% to $10.8 million compared to $8.1 million for the same period in 2000. Revenue for both the fourth quarter of 2001 and the full year were the highest in the Company`s history.
For the three months ended December 31, 2001, Microvision reported a consolidated net loss of $7.8 million or $.61 per share compared to a net loss of $6.9 million or $.58 per share for the same period in 2000. For the year ended December 31, 2001, the Company reported a consolidated net loss of $34.8 million or $2.85 per share compared to a consolidated net loss of $26.6 million or $2.33 per share for the same period in 2000. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and twelve months ended December 31, 2001, the portion of the consolidated loss attributable to Lumera was $100,000 or $.01 per share and $3.0 million or $.25 per share, respectively, compared to $2.2 million or $.19 per share and $2.9 million or $.25 per share for the three and twelve months ended December 31, 2000, respectively.
The Company, including Lumera, ended the year with $33.7 million in cash, cash equivalents and investment securities and a contract backlog of $6.8 million.
"We have just completed the most successful year in Microvision`s history, achieving significant product milestones and recording record revenue for the fourth quarter and the full year," said Microvision CEO Rick Rutkowski. "2001 was also a year in which we undertook the development of compelling products featuring Microvision`s proprietary microscanning and electro-optics technology: the recently-launched Nomad personal display and the soon-to-be-launched Flic personal barcode scanner. Early in the year, we completed a $24 million funding for our Lumera subsidiary with Cisco as lead investor, and we continue to look forward to developments from Lumera in the future as they develop powerful products based on their proprietary electro-optic polymer technology."
"During the first months of this year, we successfully completed the pilot production, vendor quality assurance and field qualification for the commercial launch of our Nomad display system, and are now ramping production to support growing and more visible demand for the product. We continue to receive excellent feedback from the first Nomad units delivered to customers, and to see growing quotation activity from our direct sales effort. We are also having early successes in signing qualified channel partners to address a variety of market opportunities for the Nomad display, and expect to execute a number of additional channel partnerships this quarter and next."
"Since first introducing a pre-production prototype of our Flic personal barcode scanner in November, we have had a strong response from both channel partners and several potential OEM partners, as well as from large potential end-users. We continue to target a mid-year commercial launch, and we look forward to reporting on further developments with OEM and channel partners leading up to the product launch. Early indications suggest that we may see robust sales activity from Flic during the second half of this year."
"In addition to the launch of two commercial products this year, we continue to make significant progress in developing powerful technology to address the potential for high volume consumer display applications. Our recent prototypes are notable for their extraordinary image quality. Featuring full SVGA (800 X 600) resolution, the display`s color saturation and color gamut are both superior to other miniature displays. Dynamic range has been tested at greater than 50,000 to 1, pointing the way to contrast ratios in excess of 200 to 1, and we are just getting started. Through partnerships with Wahlsin Lihwa and others, we believe that we can produce these superior quality displays for much lower costs than competing miniature displays. We fully expect to develop additional strategic relationships in higher volume product categories such as digital cameras, and consumer and enterprise mobile communications devices.
We are also progressing with our development of laser-scanning cameras for a variety of image capture applications, ranging from two-dimensional barcode readers to machine vision systems and advanced medical scopes. Interest from prospective partners in a variety of image capture applications and products continues to grow, and we expect additional partnering developments relating to these future products as well.
During the year we delivered prototype systems of unique laser-scanning projection systems to leading automobile manufacturers. The systems have been very well received, and we currently anticipate that we will soon be able to report on one or more projects that will continue this work.
Our ongoing contract work for the U.S. military has achieved unmatched technical successes in terms of overall system performance. New contracts initiated late in 2001 have broadened the scope of our funded projects to include developments that build on and leverage our ongoing work in the category of wearable displays for military surgeons, medics and dismounted troops, in addition to our work with the Army on helmet mounted displays for rotorcraft. We expect to announce several new contract awards in the weeks ahead.
"We expect revenue for the first quarter of 2002 to be in the range of $3.5 million, by far the best first quarter in our history, and a substantial increase compared to the same period last year. We continue to target triple digit growth for 2002, with revenue for the year increasing in the range of 125% to 150% versus 2001. Revenue growth in Q2 through Q4 is expected to benefit from increasing sales and production volumes of the Nomad display as well as the introduction of the Flic barcode scanner product at the end of Q2."
Conference Call
Microvision will host a conference call to discuss its fourth quarter and full year 2001 financial results at 8:00 a.m. PT. Participants may join the conference call by dialing 800/997-8642 (for U.S. participants) ten minutes prior to the start of the conference. International participants can dial 973/694-6836. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 11:00 p.m. ET March 14, 2002 and can be accessed by dialing 800/428-6051 (for U.S. participants) or 973/709-2089 (for international participants). The confirmation code is 234191.
About Microvision
Interessanter werden die anstehenden Kontrakte - hoffentlich auch mal mit einem Bigplayer - innerhalb der kommenden Wochen, aber die earnings werden positiv gesehen (sind aber wirklich nicht so wichtig...)
From CBS MarketWatch-
"Positive surprises
Microvision (MVIS: news, chart, profile) reported a fourth-quarter loss of $7.8 million, or 61 cents a share, wider than losses of $6.9 million, or 58 cents a share recorded in the same period a year earlier. Analysts surveyed by Thomson Financial/First Call had been expecting a loss of 63 cents a share. Revenue for the quarter ending December rose 48 percent over last year to $4.3 million. The developer of retinal scanning display technology said it expects to build on contracts initiated with the U.S. military late in 2001, and anticipates announcing "several new contract awards in the weeks ahead." Looking ahead, the company is forecasting first quarter revenue of $3.5 million, and continues to target "triple-digit" percentage growth for the year. The stock closed Wednesday up 16 cents at $12.44"
Das Cashverbrennen verläuft nach Plan!
From CBS MarketWatch-
"Positive surprises
Microvision (MVIS: news, chart, profile) reported a fourth-quarter loss of $7.8 million, or 61 cents a share, wider than losses of $6.9 million, or 58 cents a share recorded in the same period a year earlier. Analysts surveyed by Thomson Financial/First Call had been expecting a loss of 63 cents a share. Revenue for the quarter ending December rose 48 percent over last year to $4.3 million. The developer of retinal scanning display technology said it expects to build on contracts initiated with the U.S. military late in 2001, and anticipates announcing "several new contract awards in the weeks ahead." Looking ahead, the company is forecasting first quarter revenue of $3.5 million, and continues to target "triple-digit" percentage growth for the year. The stock closed Wednesday up 16 cents at $12.44"
Das Cashverbrennen verläuft nach Plan!
Mein feeling sagt mir: binnen weniger Wochen in der Tradingrange 18 - 21 US$...
Voraussetzungen: positive NASDAQ, positive Meldungen um den Widerstand bei 15$ zu knacken.
Anm.: habe von Charttechnik kaum Ahnung...
Voraussetzungen: positive NASDAQ, positive Meldungen um den Widerstand bei 15$ zu knacken.
Anm.: habe von Charttechnik kaum Ahnung...
Mein feeling sagt mir: binnen weniger Wochen in der Tradingrange 18 - 21 US$...
Voraussetzungen: positive NASDAQ, positive Meldungen um den Widerstand bei 15$ zu knacken.
Anm.: habe von Charttechnik kaum Ahnung...
Voraussetzungen: positive NASDAQ, positive Meldungen um den Widerstand bei 15$ zu knacken.
Anm.: habe von Charttechnik kaum Ahnung...
Jetzt gehts wohl voll ab...
"With revenue in excess of $20 billion US, our partner..."
man hast einen BigPlayer an Bord, wie ich es verlangt habe!
Microvision To Collaborate With Global Leader in Computer Peripherals, Optics and Imaging On Development of Consumer Electronics Applications for Unique Miniature Displays
BOTHELL, Wash., Mar 11, 2002 (BUSINESS WIRE) --
Microscanning display platform aims at disruptive mix of performance and cost
Microvision, Inc. (Nasdaq:MVIS), announced today that it has begun work under a development agreement with an unnamed Asian corporation that builds on Microvision`s ongoing development of miniature displays for a variety of consumer electronics applications.
The company said that it can not yet identify its partner or provide details on the specific applications being targeted, but did indicate that during this initial phase, they would be working under a development contract to integrate their unique scanning display technology into a product application that would be aimed at both professional and consumer markets.
The collaboration is part of Microvision`s push to commercialize a high quality miniature display, based on its proprietary microscanning technology, that will enable new features and functions in products ranging from camcorders and digital cameras to handheld wireless devices, gaming systems, and portable DVD players.
"We are immensely pleased to announce this partnership," said Microvision president and CEO, Rick Rutkowski. "While we cannot yet disclose our partner`s name, they are truly one of the important names in computer peripherals, and optics and imaging.
"With revenue in excess of $20 billion US, our partner is known throughout the world for innovation and quality in products ranging from medical and industrial imaging tools to very high volume consumer products, and they occupy a dominant position in many of the markets that they serve. They have substantial experience with all manner of miniature display technologies and have taken great care in evaluating and understanding the competitive strengths of both our technology and our technical plan.
"Our partner`s consummate skills in the design, packaging and high-volume manufacture, of optical components and systems, can be a great asset, as we drive to our goal of delivering low-cost, high performance, microdisplay products to address a variety of high volume market opportunities. We expect to complete work on this initial development phase later this year and to report on further developments as the relationship progresses. We are gratified to work with such a discerning and capable partner."
"Annual production volumes for consumer products such as digital cameras, camcorders and mobile internet devices are projected to reach hundreds of millions of units annually in the next several years," offered Steve Willey, Microvision executive vice president. "On that basis, we believe the market for our miniature displays can reach tens of millions of units annually in that same time frame. The key challenge for this next generation of devices is that consumers are going to need small, inexpensive products, like digital cameras and mobile handsets to produce the same high quality images that we see on desktop and laptop computers today. The greatest advantage of Microvision`s technology is that we believe that we can deliver superior resolution and image quality at much lower prices than competing miniature flat panel displays."
Microvision`s proprietary miniature display technology uses just three Light Emitting Diodes (LEDs) coupled with a vibrating mirror on a micromechanical silicon chip to create full-motion, high-resolution images. The tiny mirror rapidly scans a single beam of multi-colored light through a small lens to project, into the viewer`s eye, a full-color video image of the apparent size and resolution of a notebook or laptop display screen. Microvision says that its high quality miniature displays are unique in their ability to meet the demanding mix of high performance and low cost that will be required for consumer products.
Targeting commercial production of the unique miniature display for early 2004, Microvision plans to spend the next 18 to 24 months continuing to reduce its size, weight and power consumption, and especially, cost. The company is also working with partners like Taiwan`s Walsin Lihwa Corp. who is developing techniques to mass-produce the MEMS scanner, and Cree who have provided the LED technology for the device.
"With revenue in excess of $20 billion US, our partner..."
man hast einen BigPlayer an Bord, wie ich es verlangt habe!
Microvision To Collaborate With Global Leader in Computer Peripherals, Optics and Imaging On Development of Consumer Electronics Applications for Unique Miniature Displays
BOTHELL, Wash., Mar 11, 2002 (BUSINESS WIRE) --
Microscanning display platform aims at disruptive mix of performance and cost
Microvision, Inc. (Nasdaq:MVIS), announced today that it has begun work under a development agreement with an unnamed Asian corporation that builds on Microvision`s ongoing development of miniature displays for a variety of consumer electronics applications.
The company said that it can not yet identify its partner or provide details on the specific applications being targeted, but did indicate that during this initial phase, they would be working under a development contract to integrate their unique scanning display technology into a product application that would be aimed at both professional and consumer markets.
The collaboration is part of Microvision`s push to commercialize a high quality miniature display, based on its proprietary microscanning technology, that will enable new features and functions in products ranging from camcorders and digital cameras to handheld wireless devices, gaming systems, and portable DVD players.
"We are immensely pleased to announce this partnership," said Microvision president and CEO, Rick Rutkowski. "While we cannot yet disclose our partner`s name, they are truly one of the important names in computer peripherals, and optics and imaging.
"With revenue in excess of $20 billion US, our partner is known throughout the world for innovation and quality in products ranging from medical and industrial imaging tools to very high volume consumer products, and they occupy a dominant position in many of the markets that they serve. They have substantial experience with all manner of miniature display technologies and have taken great care in evaluating and understanding the competitive strengths of both our technology and our technical plan.
"Our partner`s consummate skills in the design, packaging and high-volume manufacture, of optical components and systems, can be a great asset, as we drive to our goal of delivering low-cost, high performance, microdisplay products to address a variety of high volume market opportunities. We expect to complete work on this initial development phase later this year and to report on further developments as the relationship progresses. We are gratified to work with such a discerning and capable partner."
"Annual production volumes for consumer products such as digital cameras, camcorders and mobile internet devices are projected to reach hundreds of millions of units annually in the next several years," offered Steve Willey, Microvision executive vice president. "On that basis, we believe the market for our miniature displays can reach tens of millions of units annually in that same time frame. The key challenge for this next generation of devices is that consumers are going to need small, inexpensive products, like digital cameras and mobile handsets to produce the same high quality images that we see on desktop and laptop computers today. The greatest advantage of Microvision`s technology is that we believe that we can deliver superior resolution and image quality at much lower prices than competing miniature flat panel displays."
Microvision`s proprietary miniature display technology uses just three Light Emitting Diodes (LEDs) coupled with a vibrating mirror on a micromechanical silicon chip to create full-motion, high-resolution images. The tiny mirror rapidly scans a single beam of multi-colored light through a small lens to project, into the viewer`s eye, a full-color video image of the apparent size and resolution of a notebook or laptop display screen. Microvision says that its high quality miniature displays are unique in their ability to meet the demanding mix of high performance and low cost that will be required for consumer products.
Targeting commercial production of the unique miniature display for early 2004, Microvision plans to spend the next 18 to 24 months continuing to reduce its size, weight and power consumption, and especially, cost. The company is also working with partners like Taiwan`s Walsin Lihwa Corp. who is developing techniques to mass-produce the MEMS scanner, and Cree who have provided the LED technology for the device.
http://www.canon.com/technology/optics/eye_control/index.htm…
Technology to Read Human Intention through Eye Movement
Canon developed the auto focus and automatic exposure control ahead of the world and has advanced automation of cameras, and furthermore, it developed the eye-controlled auto-focus technology as a technology to realize automation capable of following the intention of a photographer by adopting the intention of the photographer. This technology installed not only in the camera but also in the 8mm camcorder demonstrates its power in focusing a moving subject and switching the focus forward and backward. Since input is made simply by seeing the subject, this technology has the possibility of being applied in various fields as an epochal tool for information input/operation in the future.
Monitoring Eye Movement to Judge where the Photographer Is Looking
In the conventional auto-focus photographing with a camera, for example, focusing is done with the shutter button half-pressed and then the composition is determined. However, through the eye-controlled auto-focus technology, you can focus by just looking at a desired subject and half-pressing the shutter button because what you are looking at is automatically detected. It is like a magic technology, and its mechanism is that when you peer through the finder, the IRED lights your eye, and from the infrared light reflected from the cornea and the image of the whole eyeball, the center position of the pupil and the position of the reflected light are sought, and the eye rotation angle is calculated and what you are looking at through the finder is judged.
---------------------------
Ergibt Sinn...
Technology to Read Human Intention through Eye Movement
Canon developed the auto focus and automatic exposure control ahead of the world and has advanced automation of cameras, and furthermore, it developed the eye-controlled auto-focus technology as a technology to realize automation capable of following the intention of a photographer by adopting the intention of the photographer. This technology installed not only in the camera but also in the 8mm camcorder demonstrates its power in focusing a moving subject and switching the focus forward and backward. Since input is made simply by seeing the subject, this technology has the possibility of being applied in various fields as an epochal tool for information input/operation in the future.
Monitoring Eye Movement to Judge where the Photographer Is Looking
In the conventional auto-focus photographing with a camera, for example, focusing is done with the shutter button half-pressed and then the composition is determined. However, through the eye-controlled auto-focus technology, you can focus by just looking at a desired subject and half-pressing the shutter button because what you are looking at is automatically detected. It is like a magic technology, and its mechanism is that when you peer through the finder, the IRED lights your eye, and from the infrared light reflected from the cornea and the image of the whole eyeball, the center position of the pupil and the position of the reflected light are sought, and the eye rotation angle is calculated and what you are looking at through the finder is judged.
---------------------------
Ergibt Sinn...
http://www.canon.com/finance/results/2001/rslt2001e.pdf
Canon ist eine asiatische Firma
Canon hat letztes Jahr 22 Mrd US$ net sales, und nebenbei noch ein Plus unterm Strich...
Canon ist eine asiatische Firma
Canon hat letztes Jahr 22 Mrd US$ net sales, und nebenbei noch ein Plus unterm Strich...
Aus der PR vom 07/03/02:
"We fully expect to develop additional strategic relationships in higher volume product categories such as digital cameras, and consumer and enterprise mobile communications devices."
"We fully expect to develop additional strategic relationships in higher volume product categories such as digital cameras, and consumer and enterprise mobile communications devices."
Ich muß eigentlich gar nichts mehr posten, auf yahoo haben welche genau die selben Gedanken. Es lohnt sich bei Canon etwas rumzustöbern... entwickeln interessante Dinge...
Soviel als Zusammenfassung: eye controlled auto-focus ist sehr sehr wichtig... auch auf dem Gebiet optical components (Stichwort Lumera) ist Canon mit von der Partie. Es ist spannend... und irgendwann wird man es erfahren.
Soviel als Zusammenfassung: eye controlled auto-focus ist sehr sehr wichtig... auch auf dem Gebiet optical components (Stichwort Lumera) ist Canon mit von der Partie. Es ist spannend... und irgendwann wird man es erfahren.
Die grossen Jungs sind angefüttert worden und die Vision bekommt immer schärfere Konturen. Für die nächsten Monate stehen noch mindestens ein dutzend News an. Das sollte für genügend Momentum sorgen, um auch neue ATHs erreichbar erscheinen zu lassen. Irgendwann muss die revolutinäre Displaytechnik im Aktienpreis eskompiert werden. Hier wird ein Industriestandart gesetzt und die ersten Vorbereitungen für die Massenproduktion laufen gerade an. Holy Moly.
Jetzt noch eine Kooperation mit Nokia und die Dämme brechen.
gabi
Jetzt noch eine Kooperation mit Nokia und die Dämme brechen.
gabi
Ich sehe MVIS auch absolut bullish, nach der erfolgten Bodenbildung ein strongest buy sogar (wenn man bedenkt dass MVIS mal bei 68$ war und man zu der Zeit lediglich bekannt gab, dass das RSD funktioniert...).
Dennoch ist man mit Marktkap 200Mio$ nicht umsonst, neue ATH wird man erst sehen wenn man ein "production contract" mit Canon oder sonst jmd unterzeichnet. Noch handelt es sich um ein "development contract", welcher aber zeigt dass MVIS womöglich zu den ganz ganz Großen gehören wird.
Auch positiv dass Canon (behaupte ich jetzt einfach mal) den wesentlichen Teil des R&D übernemhen wird und MVIS mit seinem hervorragenden (und zurecht teuren) Personal sich auf die Kernkompetenzen konzentrieren wird.
Dennoch ist man mit Marktkap 200Mio$ nicht umsonst, neue ATH wird man erst sehen wenn man ein "production contract" mit Canon oder sonst jmd unterzeichnet. Noch handelt es sich um ein "development contract", welcher aber zeigt dass MVIS womöglich zu den ganz ganz Großen gehören wird.
Auch positiv dass Canon (behaupte ich jetzt einfach mal) den wesentlichen Teil des R&D übernemhen wird und MVIS mit seinem hervorragenden (und zurecht teuren) Personal sich auf die Kernkompetenzen konzentrieren wird.
Sales from Yahoo finance
Kyocera 9B
Nikon
Sony 59B
Canon 22B
Sharp 15B
NEC 42B
Matsushita 55B
Hitachi 65B
ich denke es ist klar...
Kyocera 9B
Nikon
Sony 59B
Canon 22B
Sharp 15B
NEC 42B
Matsushita 55B
Hitachi 65B
ich denke es ist klar...
Hallo.
Ich werde diese Woche auf die CeBIT fahren und wollte mich mit Microvision treffen. Leider konnte mir Microvision selber keine Auskunkt mehr geben, WO ich ihren Mann auf der CeBIT finde! (schon seltsam!) Da ich aber auch sehr kurzfristig angefragt habe (nachdem er (sie schicken nur eine Person) schon auf der Weg nach Deutschland war), ist meine Frage an alle, ob vielleicht jemand von Euch weiß,WO ich Microvision auf der CeBIT antreffen kann !?!!
Wäre dankbar für jede Hilfe!!!
Grüße,
Cybi
Ich werde diese Woche auf die CeBIT fahren und wollte mich mit Microvision treffen. Leider konnte mir Microvision selber keine Auskunkt mehr geben, WO ich ihren Mann auf der CeBIT finde! (schon seltsam!) Da ich aber auch sehr kurzfristig angefragt habe (nachdem er (sie schicken nur eine Person) schon auf der Weg nach Deutschland war), ist meine Frage an alle, ob vielleicht jemand von Euch weiß,WO ich Microvision auf der CeBIT antreffen kann !?!!
Wäre dankbar für jede Hilfe!!!
Grüße,
Cybi
Hi! Hab heute diese e-mail bekommen:
We will be represented at Cebit in Hannover. I do not know where the location is, but I do know we will be represented as he left this morning for Germany. His name is Bo Ray. I cannot reach him by cell phone, but am hoping he will be able to check his e-mail. I am forwarding your e-mail on to him so that perhaps he can get in touch with you directly.
------------------------
Wenn ich die location bekomme sag ich es natürlich! Vor einigen Wochen, als noch nicht fest stand dass MVIS dort vertreten sein wird, sagten sioe mir, dass seitens des Konsortiums ARVIKA "die Anwesenheit Microvisions gewollt wird". Ich glaube MVIS wird dort nicht einen eigenen Stand haben, sondern in Verbindung mit anderen einen NOMAD präsentieren. Dürftig, aber vielleicht schon nächstes Jahr präsentiert Canon Camcorder o.ä. mit MVIS inside...
We will be represented at Cebit in Hannover. I do not know where the location is, but I do know we will be represented as he left this morning for Germany. His name is Bo Ray. I cannot reach him by cell phone, but am hoping he will be able to check his e-mail. I am forwarding your e-mail on to him so that perhaps he can get in touch with you directly.
------------------------
Wenn ich die location bekomme sag ich es natürlich! Vor einigen Wochen, als noch nicht fest stand dass MVIS dort vertreten sein wird, sagten sioe mir, dass seitens des Konsortiums ARVIKA "die Anwesenheit Microvisions gewollt wird". Ich glaube MVIS wird dort nicht einen eigenen Stand haben, sondern in Verbindung mit anderen einen NOMAD präsentieren. Dürftig, aber vielleicht schon nächstes Jahr präsentiert Canon Camcorder o.ä. mit MVIS inside...
Danke Michael!
Der Wortlaut der eMail, die ich von Microvision bekommen habe, war übrigens fast identisch!!!
Habe mal bißchen geforscht und herausgefunden, daß ARVIKA (laut ihrer Homepage) zusammen mit der Fraunhofer Gesellschaft einen Stand hat (bzw. dort vertreten ist).
Das wäre dann Halle 11, Stand 14 !
Falls Du noch andere Informationen bekommst oder jemand schon auf der CeBIT war und Microvision ausfindig machen konnte, dann wäre ich für jede Information dankbar!
Grüße,
Cybi
Der Wortlaut der eMail, die ich von Microvision bekommen habe, war übrigens fast identisch!!!
Habe mal bißchen geforscht und herausgefunden, daß ARVIKA (laut ihrer Homepage) zusammen mit der Fraunhofer Gesellschaft einen Stand hat (bzw. dort vertreten ist).
Das wäre dann Halle 11, Stand 14 !
Falls Du noch andere Informationen bekommst oder jemand schon auf der CeBIT war und Microvision ausfindig machen konnte, dann wäre ich für jede Information dankbar!
Grüße,
Cybi
http://www.sciam.com/2002/0402issue/0402feiner.html
The earliest see-through displays devised by Sutherland and his students were cumbersome devices containing cathode-ray tubes and bulky optics. Nowadays researchers use small liquid-crystal displays and advanced optical designs to create systems that weigh mere ounces. More improvements are forthcoming: a company called Microvision, for instance, has recently developed a device that uses low-power lasers to scan images directly on the retina [see "Eye Spy," by Phil Scott; News Scan, Scientific American, September 2001]. Some prototype head-worn displays look much like eyeglasses, making them relatively inconspicuous. Another approach involves projecting graphics directly on surfaces in the user`s environment.
The earliest see-through displays devised by Sutherland and his students were cumbersome devices containing cathode-ray tubes and bulky optics. Nowadays researchers use small liquid-crystal displays and advanced optical designs to create systems that weigh mere ounces. More improvements are forthcoming: a company called Microvision, for instance, has recently developed a device that uses low-power lasers to scan images directly on the retina [see "Eye Spy," by Phil Scott; News Scan, Scientific American, September 2001]. Some prototype head-worn displays look much like eyeglasses, making them relatively inconspicuous. Another approach involves projecting graphics directly on surfaces in the user`s environment.
Leading Distributor of Survey and Measurement Instruments to Act as Reseller for Microvision`s Nomad Personal Display System
BOTHELL, Wash., Mar 18, 2002 (BUSINESS WIRE) --
Nomad System Enhances GPS-based Laser Measurement Instruments Used in Survey and Construction
Microvision (Nasdaq:MVIS) today announced that it has signed a reseller distribution agreement with Laser Control, Inc. of Bloomington MN as a value added reseller (VAR) for the Nomad(TM) Personal Display System.
Laser Control, the largest dealer of TopCon wireless GPS and laser surveying systems in the US, will market Microvision`s unique Nomad wearable display as part of its line of surveying and measurement instruments used by professional surveyors, civil engineers and the construction industry.
Wireless GPS and laser surveying instruments generate, capture and display site-specific coordinates and contour lines that contractors refer to in order to ensure accuracy throughout planning, surveying, site preparation and construction, and to minimize the potential for costly mistakes.
Today, grader drivers refer to information generated by the instruments while operating the equipment, but have to look back and forth between the outside view and an LCD screen to see these visual cues. Drivers wearing the Nomad System will be able to keep their eyes on the blade and see contour lines superimposed over their view of the construction site, allowing them to avoid running over surveyor`s stakes or making bad cuts (which have to be redone).
"Because of its ability to present positioning cues in a head-up mode, the Nomad System can turn a 19 ton dozer into a precision instrument," said Bruce Ridley Microvision`s marketing manager for industrial applications.
According to Ridley, keeping a driver head-up in the cab also makes for a safer site, but he is quick to point out that heavy equipment operators are not the only people on construction sites who will benefit by using the Nomad System. Surveyors, site supervisors, and equipment maintenance mechanics can also view site specifications at the point of task.
"We`re very excited about the prospects for the Nomad System in the construction and engineering field," said Ridley. "This is a huge industry, and it`s reasonable to believe that over a period of time, we could see two or three Nomad Systems at any given construction site. Our timing is also good. The construction industry has realized enormous benefits from the widespread adoption of precision laser and GPS-based survey and contour measurement instruments. The Nomad System is a perfect complement to those high-tech tools."
"The Nomad System offers a number of compelling benefits," said Steve Salz, president of fourteen-year-old Laser Control. "Our customers have enjoyed real gains in productivity and job quality with automated measurement instruments in recent years. As a result, they are very open to new technologies that can build on those systems and compound those benefits.
"The Nomad System really adds to the automated measurement tools in use today. The ability to view information head-up can allow contractors to improve grading accuracy, and make fewer mistakes eliminating costly reworking of job sites and reducing job completion time, in many cases by as much as 15 percent. The benefit of improved safety should not be underestimated either, since construction accidents can be both tragic and extremely costly."
BOTHELL, Wash., Mar 18, 2002 (BUSINESS WIRE) --
Nomad System Enhances GPS-based Laser Measurement Instruments Used in Survey and Construction
Microvision (Nasdaq:MVIS) today announced that it has signed a reseller distribution agreement with Laser Control, Inc. of Bloomington MN as a value added reseller (VAR) for the Nomad(TM) Personal Display System.
Laser Control, the largest dealer of TopCon wireless GPS and laser surveying systems in the US, will market Microvision`s unique Nomad wearable display as part of its line of surveying and measurement instruments used by professional surveyors, civil engineers and the construction industry.
Wireless GPS and laser surveying instruments generate, capture and display site-specific coordinates and contour lines that contractors refer to in order to ensure accuracy throughout planning, surveying, site preparation and construction, and to minimize the potential for costly mistakes.
Today, grader drivers refer to information generated by the instruments while operating the equipment, but have to look back and forth between the outside view and an LCD screen to see these visual cues. Drivers wearing the Nomad System will be able to keep their eyes on the blade and see contour lines superimposed over their view of the construction site, allowing them to avoid running over surveyor`s stakes or making bad cuts (which have to be redone).
"Because of its ability to present positioning cues in a head-up mode, the Nomad System can turn a 19 ton dozer into a precision instrument," said Bruce Ridley Microvision`s marketing manager for industrial applications.
According to Ridley, keeping a driver head-up in the cab also makes for a safer site, but he is quick to point out that heavy equipment operators are not the only people on construction sites who will benefit by using the Nomad System. Surveyors, site supervisors, and equipment maintenance mechanics can also view site specifications at the point of task.
"We`re very excited about the prospects for the Nomad System in the construction and engineering field," said Ridley. "This is a huge industry, and it`s reasonable to believe that over a period of time, we could see two or three Nomad Systems at any given construction site. Our timing is also good. The construction industry has realized enormous benefits from the widespread adoption of precision laser and GPS-based survey and contour measurement instruments. The Nomad System is a perfect complement to those high-tech tools."
"The Nomad System offers a number of compelling benefits," said Steve Salz, president of fourteen-year-old Laser Control. "Our customers have enjoyed real gains in productivity and job quality with automated measurement instruments in recent years. As a result, they are very open to new technologies that can build on those systems and compound those benefits.
"The Nomad System really adds to the automated measurement tools in use today. The ability to view information head-up can allow contractors to improve grading accuracy, and make fewer mistakes eliminating costly reworking of job sites and reducing job completion time, in many cases by as much as 15 percent. The benefit of improved safety should not be underestimated either, since construction accidents can be both tragic and extremely costly."
Microvision Affirms Guidance for Record First Quarter and Issues Guidance for Strong Sequential Growth With Record Q2
BOTHELL, Wash., Mar 21, 2002 (BUSINESS WIRE) --
Company Expects Unprecedented Second Quarter Results Fueled by Sales of Nomad Display, and New Contract Awards
Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today affirmed that first quarter revenue is expected to be in the range of $3.5 million, the strongest first quarter in the Company`s history and approximately 50% higher than the prior year`s first quarter.
The Company also indicated that it expects strong sequential growth following the first quarter, with second quarter revenue reaching record levels and showing a gain of 150% or more versus the $1.8 million reported in the same period for 2001. Microvision also affirmed that it continues to target triple digit revenue growth for the full year as well.
"After completing the most successful year in Microvision`s history, we are beginning 2002 with our strongest first quarter ever," said Microvision CEO Rick Rutkowski. "We are also expecting record revenue for the second quarter, based on growing sales of the Nomad display and increased revenue from both government and commercial development contracts. We are very encouraged by what we see so far, for the second quarter. As we gain additional visibility into the quarter, we will provide more specific guidance."
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Eine PR ohne Neuigkeiten, mal wieder nach einem sehr schwachen Börsentag (fast -6%)... entweder MVIS fühlt sich auf einmal verpflichtet, seine Aktionäre ständig auf dem Laufenden zu halten, und/oder man versucht auf Teufel komm raus eine höhere Börsenbewertung zu erlangen (ggf unter dem Hintergrund einer anstehenden Kapitalbeschaffungsmaßnahme).
Sollte sich das teure NOMAD-display aber entgegen meiner Vermutung tatsächlich gut verkaufen, ist das doch schon mal etwas...
BOTHELL, Wash., Mar 21, 2002 (BUSINESS WIRE) --
Company Expects Unprecedented Second Quarter Results Fueled by Sales of Nomad Display, and New Contract Awards
Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today affirmed that first quarter revenue is expected to be in the range of $3.5 million, the strongest first quarter in the Company`s history and approximately 50% higher than the prior year`s first quarter.
The Company also indicated that it expects strong sequential growth following the first quarter, with second quarter revenue reaching record levels and showing a gain of 150% or more versus the $1.8 million reported in the same period for 2001. Microvision also affirmed that it continues to target triple digit revenue growth for the full year as well.
"After completing the most successful year in Microvision`s history, we are beginning 2002 with our strongest first quarter ever," said Microvision CEO Rick Rutkowski. "We are also expecting record revenue for the second quarter, based on growing sales of the Nomad display and increased revenue from both government and commercial development contracts. We are very encouraged by what we see so far, for the second quarter. As we gain additional visibility into the quarter, we will provide more specific guidance."
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Eine PR ohne Neuigkeiten, mal wieder nach einem sehr schwachen Börsentag (fast -6%)... entweder MVIS fühlt sich auf einmal verpflichtet, seine Aktionäre ständig auf dem Laufenden zu halten, und/oder man versucht auf Teufel komm raus eine höhere Börsenbewertung zu erlangen (ggf unter dem Hintergrund einer anstehenden Kapitalbeschaffungsmaßnahme).
Sollte sich das teure NOMAD-display aber entgegen meiner Vermutung tatsächlich gut verkaufen, ist das doch schon mal etwas...
hat sich jmd 200k Aktien von Microvision gekauft...
Recht interessanter Artikel, welcher die Vorteile von RSD deutlich macht, aber auch aufzeigt das noch einige Entwicklungsarbeit notwendig ist. Die Frage wie exakt RSD zur Pupille justiert sein muß hatte ich mir bis dato noch gar nicht gestellt (auf meine damaligen Fragen ist mir MVIS leider die Antwort schuldig geblieben!). Trotz viel PR springt der Kurs leider nicht an. Hat den jemand mal RSD auf der Cebit ausprobieren können?
An dieser Stelle auch von meiner Seite mal einen Dank an Michael für seine postings!!
Gruß Markus!
An dieser Stelle auch von meiner Seite mal einen Dank an Michael für seine postings!!
Gruß Markus!
Wie erwartet, die Erklärung für die ganze PR...
Microvision Completes $6 Million Placement
BOTHELL, Wash., Mar 25, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that is has completed an equity placement for just over $6 million, consisting of 524,130 shares of registered common stock.
The shares are not subject to any conversion or reset features, and the placement did not include any type of warrants or additional securities. Participants include G.E. Pension Trust, Qualcomm co-founder Andrew Viterbi and other existing shareholders.
"Maintaining a strong balance sheet is a core strategy for the Company," said Microvision CEO Rick Rutkowski. "We felt it was appropriate to add a modest amount of capital well in advance of our needs."
The company recently reported that including its subsidiary Lumera, it had $33.7 million in cash, cash equivalents and investment securities, as of Dec. 31, 2001.
Microvision Completes $6 Million Placement
BOTHELL, Wash., Mar 25, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that is has completed an equity placement for just over $6 million, consisting of 524,130 shares of registered common stock.
The shares are not subject to any conversion or reset features, and the placement did not include any type of warrants or additional securities. Participants include G.E. Pension Trust, Qualcomm co-founder Andrew Viterbi and other existing shareholders.
"Maintaining a strong balance sheet is a core strategy for the Company," said Microvision CEO Rick Rutkowski. "We felt it was appropriate to add a modest amount of capital well in advance of our needs."
The company recently reported that including its subsidiary Lumera, it had $33.7 million in cash, cash equivalents and investment securities, as of Dec. 31, 2001.
6 Mio$ reichen gerade mal für 2 Monate...:-( die Kosten zu drücken wird für Microvision kaum möglich sein, die steigende Einnahmeseite wird de facto auch für eine höhere Ausgabenseite sorgen, Klartext das jährliche cashburn wird 2002 konstant bleiben. Erfreulich aber, wenn man Partner wie Canon (meine Vermutung) hat die wohl den Großteil des R&D finanzieren werden. Derzeit der dickste Fisch am Haken.
Man sieht wie wichtig ein höherer Kurs im Endeffekt doch für MVIS ist. GE Pension Trust und Kameraden scheinen aber zumindest starke und seriöse Hände zu sein.
Cebit habe ich nichts gehört, ist natürlich schwach.
Es ist aber auch "interessant" von Komplikationen des RSD im Alltagsbetrieb zu hören. Schließlich reicht es nicht, demofähige Prototypen zu präsentieren. Noch befinden wir uns auf allen Sektoren im Developmentbereich, und die Risiken, dass aus HUD, army, medical, consumerapplications based on RSD nichts wird sind noch gegeben.
Der anvisierte Verkauf von 1000 NOMADs anno 2002 (an den ich noch nicht so 100% glauben mag) wäre aber - neben den daraus resultierenden Erlösen - eine Signalwirkung par excellence!
We will see...
M_3
ps. keine Ursache wegen meiner postings hier. Kurskosmetik kann ich hier wohl kaum betreiben, ist aber doch eine interessante Sammlung von links, Gedanken (evtl auch Fehlgedanken), eine Art MVIS-Tagebuch, und die Möglichkeit für Interessierte aus BRD, sich einzubringen.
Man sieht wie wichtig ein höherer Kurs im Endeffekt doch für MVIS ist. GE Pension Trust und Kameraden scheinen aber zumindest starke und seriöse Hände zu sein.
Cebit habe ich nichts gehört, ist natürlich schwach.
Es ist aber auch "interessant" von Komplikationen des RSD im Alltagsbetrieb zu hören. Schließlich reicht es nicht, demofähige Prototypen zu präsentieren. Noch befinden wir uns auf allen Sektoren im Developmentbereich, und die Risiken, dass aus HUD, army, medical, consumerapplications based on RSD nichts wird sind noch gegeben.
Der anvisierte Verkauf von 1000 NOMADs anno 2002 (an den ich noch nicht so 100% glauben mag) wäre aber - neben den daraus resultierenden Erlösen - eine Signalwirkung par excellence!
We will see...
M_3
ps. keine Ursache wegen meiner postings hier. Kurskosmetik kann ich hier wohl kaum betreiben, ist aber doch eine interessante Sammlung von links, Gedanken (evtl auch Fehlgedanken), eine Art MVIS-Tagebuch, und die Möglichkeit für Interessierte aus BRD, sich einzubringen.
mal gespannt ob sich die Dinger wirklich verkaufen...
Microvision Adds Three Resellers for Nomad Personal Display System; Company Sets Target for At Least Fifty Resellers by Year-end
BOTHELL, Wash., Mar 27, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS) today announced that it has signed distribution agreements with three resellers of wearable computers and portable display products.
Agreements were signed with Tek Gear, (www.tekgear.com) a distributor of wearable products and applications; Nova Marine (www.novamarine.com), a leading developer of technologies aiding in search, survey and inspection of underwater sites and projects; and Virtual Realities (www.vrealities.com), a leading distributor of products focused on virtual reality applications.
All three resellers will market Microvision`s unique Nomad wearable display as part of their line of display products. The Nomad System will enhance the resellers current wearable display and wearable computer product lines by providing their customers with a premium-performance head-worn display that delivers an extremely bright, high-resolution, daylight readable and see-through display.
Andrew Lee, Microvision vice president of sales commented, "We`ve signed agreements with a total of eight VARs for the Nomad System reseller program since its introduction just six weeks ago. As we build the distribution channels for the Nomad System, we are pleased that many qualified distributors and resellers have quickly been attracted to this exciting business opportunity. Our strategy is to complement our direct sales effort and to create momentum in the marketplace behind the Nomad System. We are targeting four vertical market segments with the Nomad System - industrial, medical, aerospace, and military. Each segment has at least several applications for the Nomad Personal Display System and established distribution channels for delivering technology solutions. We expect to have at least 20 more VARs signed by the middle of the year, and at least fifty by the end of 2002."
Microvision Adds Three Resellers for Nomad Personal Display System; Company Sets Target for At Least Fifty Resellers by Year-end
BOTHELL, Wash., Mar 27, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS) today announced that it has signed distribution agreements with three resellers of wearable computers and portable display products.
Agreements were signed with Tek Gear, (www.tekgear.com) a distributor of wearable products and applications; Nova Marine (www.novamarine.com), a leading developer of technologies aiding in search, survey and inspection of underwater sites and projects; and Virtual Realities (www.vrealities.com), a leading distributor of products focused on virtual reality applications.
All three resellers will market Microvision`s unique Nomad wearable display as part of their line of display products. The Nomad System will enhance the resellers current wearable display and wearable computer product lines by providing their customers with a premium-performance head-worn display that delivers an extremely bright, high-resolution, daylight readable and see-through display.
Andrew Lee, Microvision vice president of sales commented, "We`ve signed agreements with a total of eight VARs for the Nomad System reseller program since its introduction just six weeks ago. As we build the distribution channels for the Nomad System, we are pleased that many qualified distributors and resellers have quickly been attracted to this exciting business opportunity. Our strategy is to complement our direct sales effort and to create momentum in the marketplace behind the Nomad System. We are targeting four vertical market segments with the Nomad System - industrial, medical, aerospace, and military. Each segment has at least several applications for the Nomad Personal Display System and established distribution channels for delivering technology solutions. We expect to have at least 20 more VARs signed by the middle of the year, and at least fifty by the end of 2002."
von der Sorte kommen jetzt wöchentlich Meldungen... kurstreibend schätze ich diese Sorte von Meldung aber nicht ein.
Microvision Signs Defense Systems Integrator to Distribute Nomad Personal Display System
Omega Systems Will Market Innovative Wearable Display for Homeland Security and Defense Applications
BOTHELL, Wash.--(BUSINESS WIRE)--March 28, 2002-- Microvision (Nasdaq:MVIS - news) today announced that it has signed a distribution reseller agreement with Omega Systems, Inc. (www.omegasys.net), a full service system integrator to the defense market.
Omega Systems will resell Microvision`s Nomad wearable display to customers in the defense marketplace where the Nomad System`s ability to display information in a head-up and hands-free mode can provide powerful benefits in a variety of military C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) and security applications including some developing concepts for homeland defense.
Among the applications Omega will target, is one that utilizes a broadband satellite communications network to allow individuals located around the world to share and exchange mission-critical information virtually instantaneously.
The combination of distributed information delivery and a wearable head-up display, make for a powerful security or emergency management system. By allowing the operator to view information superimposed over their field of view, the Nomad System enables users to stay focused on the surrounding scene with their hands free. By integrating a miniature camera with the headworn display video images can be transmitted back or viewed simultaneously by others to create a ``shared space`` effect. According to Gary Petersen, Microvision`s director of sales for defense, this kind of two-way video communication is a powerful means of gathering, sharing and enhancing intelligence and can also be used to provide all manner of ``remote expert`` support.
``Peacekeeping and warfare have become information-driven. Our armed forces must be able to receive, integrate, and rapidly assimilate information from disparate sources,`` said Peterson. ``This system takes intelligence, security and rapid response to a whole new level. Imagine wearing the Nomad in a particular environment and having relevant intelligence information appear in your field of view as you move through that space. It could be images from a remote camera or a sensor, or it could be diagrams or instructions that are being typed in or drawn over the scene by a remote expert -- who is looking at the same scene through a camera integrated with the wearable display -- to provide assistance or support.``
Last week, the companies demonstrated the ability of the Nomad System to display wireless data received from a live video teleconference. An individual equipped with the Nomad System and integrated video camera received video information from and transmitted to a central command post. The demonstration shows the Nomad System`s power to enable communications between organizations and mobile end-users in all environments, anywhere in the world.
Omega Systems has successfully implemented a number of complex communications and information technology systems for the U.S. Marines and other branches of the defense department. Microvision says that the companies` combined efforts will provide customers with solutions that offer the potential to increase productivity, enhance safety and broaden communications in a variety of military, security and public safety operations.
About the Nomad Personal Display System:
Based on Microvision`s patented light scanning technology, the recently introduced Nomad System is a high-resolution head-worn display that presents images and information to the user on a high brightness, see-through, virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating ``augmented vision.`` The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content. The Nomad Personal Display System has a manufacturer`s suggested list price of $12,000.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and defense -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
Microvision Signs Defense Systems Integrator to Distribute Nomad Personal Display System
Omega Systems Will Market Innovative Wearable Display for Homeland Security and Defense Applications
BOTHELL, Wash.--(BUSINESS WIRE)--March 28, 2002-- Microvision (Nasdaq:MVIS - news) today announced that it has signed a distribution reseller agreement with Omega Systems, Inc. (www.omegasys.net), a full service system integrator to the defense market.
Omega Systems will resell Microvision`s Nomad wearable display to customers in the defense marketplace where the Nomad System`s ability to display information in a head-up and hands-free mode can provide powerful benefits in a variety of military C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) and security applications including some developing concepts for homeland defense.
Among the applications Omega will target, is one that utilizes a broadband satellite communications network to allow individuals located around the world to share and exchange mission-critical information virtually instantaneously.
The combination of distributed information delivery and a wearable head-up display, make for a powerful security or emergency management system. By allowing the operator to view information superimposed over their field of view, the Nomad System enables users to stay focused on the surrounding scene with their hands free. By integrating a miniature camera with the headworn display video images can be transmitted back or viewed simultaneously by others to create a ``shared space`` effect. According to Gary Petersen, Microvision`s director of sales for defense, this kind of two-way video communication is a powerful means of gathering, sharing and enhancing intelligence and can also be used to provide all manner of ``remote expert`` support.
``Peacekeeping and warfare have become information-driven. Our armed forces must be able to receive, integrate, and rapidly assimilate information from disparate sources,`` said Peterson. ``This system takes intelligence, security and rapid response to a whole new level. Imagine wearing the Nomad in a particular environment and having relevant intelligence information appear in your field of view as you move through that space. It could be images from a remote camera or a sensor, or it could be diagrams or instructions that are being typed in or drawn over the scene by a remote expert -- who is looking at the same scene through a camera integrated with the wearable display -- to provide assistance or support.``
Last week, the companies demonstrated the ability of the Nomad System to display wireless data received from a live video teleconference. An individual equipped with the Nomad System and integrated video camera received video information from and transmitted to a central command post. The demonstration shows the Nomad System`s power to enable communications between organizations and mobile end-users in all environments, anywhere in the world.
Omega Systems has successfully implemented a number of complex communications and information technology systems for the U.S. Marines and other branches of the defense department. Microvision says that the companies` combined efforts will provide customers with solutions that offer the potential to increase productivity, enhance safety and broaden communications in a variety of military, security and public safety operations.
About the Nomad Personal Display System:
Based on Microvision`s patented light scanning technology, the recently introduced Nomad System is a high-resolution head-worn display that presents images and information to the user on a high brightness, see-through, virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating ``augmented vision.`` The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content. The Nomad Personal Display System has a manufacturer`s suggested list price of $12,000.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and defense -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
Microvision Demonstrates Display Breakthrough Using Ultra-Low Power Scanning Technique
BOTHELL, Wash., Apr 2, 2002 (BUSINESS WIRE) --
Unique Drive Mechanism Could Cut Power Consumption to 1/100th of Its Current Scanner; Size and Cost Reduction are Added Benefits
Microvision (Nasdaq:MVIS) announced today that it has demonstrated, for the first time, a new "ultra-low power" technique for scanning a beam of light to enable high-resolution electronic displays and imaging systems.
The demonstration system makes use of a small chip that vibrates a tiny silicon micro mirror on a two-axis hinge system, just like one used by the company in its existing products. But the latest demonstration makes use of a new technique to actuate the hinged assembly that requires less than 1/100th of the electrical energy of the current system.
According to company officials, this is a significant breakthrough not only because a scanner using this technique may require as little as 100 microwatts (1 microwatt equals 1/millionth of a watt), but also because the technique will potentially enable a dramatically smaller package than its current scanners, and because the simplified drive system could also lead to substantial cost reductions.
With its existing systems, Microvision`s unique scanning displays form an image by rapidly scanning a beam of light into a series of horizontal lines -- each line containing hundreds of individual pixels -- to build up an image in much the same way as a television tube or CRT computer monitor. This technique, called raster scanning, is commonly found in televisions and computer monitors that employ scanned electron beams, but according to the company, it is not the most efficient way to draw an image with a system that employs mechanical scanners.
"The current scanner is very efficient in the horizontal direction, because the mirror only has to swing back and forth to draw a straight line, so we can re-use a lot of stored energy and ring it like a tuning fork," said Casey Tegreene, Microvision chief technology officer. "But, to draw a raster pattern, the vertical axis can`t just resonate like that, it has to fly back and stop with each scan. That requires a lot more energy than the horizontal scan."
"We`ve understood for a long time that if we let both axes run resonant, we could create scanners that consume next to no energy. The challenge was that this meant getting away from a raster scanning pattern and breaking new ground for imaging systems that order the picture elements in a completely different sequence. That, in turn, raised questions about image quality and artifacts. Up to now, we have been encouraged by computer models predicting that a system incorporating our newly-developed proprietary algorithms could create very high quality images," said Tegreene.
"Now we have actually demonstrated this technique in a display, and this demonstration has exceeded our expectations. We are demonstrating a display at Super VGA (SVGA 800 x 600) resolution, which is equivalent to the resolution of our current products. The image quality is excellent; especially given that this is the first time that we have actually implemented the technique."
Microvision says that its scanning displays can provide superior image quality at a lower cost than competing miniature flat panel display technologies, and that the new drive method offers the potential for added advantages in applications that require very low power. Many of the applications that the company is targeting for its miniature displays are in battery-powered, portable devices like digital cameras, camcorders and mobile Internet devices in which power consumption is an important feature. Tegreene pointed out that the actuation technique also will be important to Microvision`s development of miniature scanning laser cameras that target applications in markets ranging from bar-code scanning, to industrial and medical imaging.
"This achievement is further evidence that Microvision`s light scanning technology is a powerfully disruptive platform for a growing range of display and imaging applications," he said. "We are making great progress with the existing scanner drive in reducing power, size and cost, and we`ve got several approaches to creating very low power devices, but this approach holds the potential for a quantum improvement beyond that. We`re encouraged that we can make displays and imaging systems that are smaller, cheaper and consume less power than anything out there and possibly sooner than we might have previously expected. We`re not relying on this approach for any of our current product initiatives, but it`s our job to enable our partners and customers, and to put as much distance as we can between ourselves and the competition, over the next several years. Developments like this demonstrate the potential of our technology to do just that."
BOTHELL, Wash., Apr 2, 2002 (BUSINESS WIRE) --
Unique Drive Mechanism Could Cut Power Consumption to 1/100th of Its Current Scanner; Size and Cost Reduction are Added Benefits
Microvision (Nasdaq:MVIS) announced today that it has demonstrated, for the first time, a new "ultra-low power" technique for scanning a beam of light to enable high-resolution electronic displays and imaging systems.
The demonstration system makes use of a small chip that vibrates a tiny silicon micro mirror on a two-axis hinge system, just like one used by the company in its existing products. But the latest demonstration makes use of a new technique to actuate the hinged assembly that requires less than 1/100th of the electrical energy of the current system.
According to company officials, this is a significant breakthrough not only because a scanner using this technique may require as little as 100 microwatts (1 microwatt equals 1/millionth of a watt), but also because the technique will potentially enable a dramatically smaller package than its current scanners, and because the simplified drive system could also lead to substantial cost reductions.
With its existing systems, Microvision`s unique scanning displays form an image by rapidly scanning a beam of light into a series of horizontal lines -- each line containing hundreds of individual pixels -- to build up an image in much the same way as a television tube or CRT computer monitor. This technique, called raster scanning, is commonly found in televisions and computer monitors that employ scanned electron beams, but according to the company, it is not the most efficient way to draw an image with a system that employs mechanical scanners.
"The current scanner is very efficient in the horizontal direction, because the mirror only has to swing back and forth to draw a straight line, so we can re-use a lot of stored energy and ring it like a tuning fork," said Casey Tegreene, Microvision chief technology officer. "But, to draw a raster pattern, the vertical axis can`t just resonate like that, it has to fly back and stop with each scan. That requires a lot more energy than the horizontal scan."
"We`ve understood for a long time that if we let both axes run resonant, we could create scanners that consume next to no energy. The challenge was that this meant getting away from a raster scanning pattern and breaking new ground for imaging systems that order the picture elements in a completely different sequence. That, in turn, raised questions about image quality and artifacts. Up to now, we have been encouraged by computer models predicting that a system incorporating our newly-developed proprietary algorithms could create very high quality images," said Tegreene.
"Now we have actually demonstrated this technique in a display, and this demonstration has exceeded our expectations. We are demonstrating a display at Super VGA (SVGA 800 x 600) resolution, which is equivalent to the resolution of our current products. The image quality is excellent; especially given that this is the first time that we have actually implemented the technique."
Microvision says that its scanning displays can provide superior image quality at a lower cost than competing miniature flat panel display technologies, and that the new drive method offers the potential for added advantages in applications that require very low power. Many of the applications that the company is targeting for its miniature displays are in battery-powered, portable devices like digital cameras, camcorders and mobile Internet devices in which power consumption is an important feature. Tegreene pointed out that the actuation technique also will be important to Microvision`s development of miniature scanning laser cameras that target applications in markets ranging from bar-code scanning, to industrial and medical imaging.
"This achievement is further evidence that Microvision`s light scanning technology is a powerfully disruptive platform for a growing range of display and imaging applications," he said. "We are making great progress with the existing scanner drive in reducing power, size and cost, and we`ve got several approaches to creating very low power devices, but this approach holds the potential for a quantum improvement beyond that. We`re encouraged that we can make displays and imaging systems that are smaller, cheaper and consume less power than anything out there and possibly sooner than we might have previously expected. We`re not relying on this approach for any of our current product initiatives, but it`s our job to enable our partners and customers, and to put as much distance as we can between ourselves and the competition, over the next several years. Developments like this demonstrate the potential of our technology to do just that."
Nicht ganz von dem Kaliber der letzten PR, aber die Samen werden ausgestreut. Allein in diesem Jahr wird mit 50 VARs gerechnet. Wir nähern uns der kritischen Masse und dann.......
Microvision Signs First European Reseller for Nomad Personal Display
Engineering Systems Technologies is top distributor of simulation and augmented reality systems to Europe`s industrial leaders
BOTHELL, Wash.--(BUSINESS WIRE)--April 4, 2002-- Microvision (Nasdaq:MVIS - news) today announced that it has completed a reseller agreement with Engineering Systems Technologies (EST) of Kaiserslautern, Germany.
EST is one of Europe`s largest and most successful suppliers of virtual reality and augmented reality equipment and has delivered solutions to more than 2,000 of Europe`s leading industrial customers including BMW, Volkswagen, Daimler Chrysler, and Airbus.
Ten-year-old EST has offices in Italy, France and Brazil in addition to their headquarters and state-of-the-art demonstration laboratory in Germany. The company has 50 employees who represent more than 40 software and hardware product lines, including sophisticated tracking systems. They work with a network of partners to provide customers with complete virtual and augmented reality systems and solutions for a variety of commercial and industrial applications.
According to Microvision`s Industrial Sales Director, Bo Ray, EST is Europe`s top provider of the kind of sophisticated systems that can take advantage of the powerful features of Nomad Personal Display System.
The Nomad System`s ability to present information in a head-up, hands-free mode is a powerful enabler for customers who are increasingly using electronic information and images to support maintenance, manufacturing, design and training activities in a variety of environments. The Nomad system will allow users to selectively merge electronic information with their natural field of view, making for a powerful means of enhancing the productivity, quality and safety of many work processes.
``We`re really pleased to be working with EST,`` said Ray. ``Because of their extended partnership network, EST can provide complete solutions for all manner of customer requirements. As a result, they occupy a unique position in the marketplace as customers throughout Europe look to EST for innovative information solutions. We`re anxious to support EST and their customers with one of the most exciting visualization products in the marketplace today. We`ve seen great interest in the Nomad Display System coming out of Europe as a result of our work with Siemens and other members of the Arvika consortium. Our partnership with EST is an excellent way to establish our presence in this very promising marketplace.``
``We are very pleased with the way our reseller network is coming together,`` added Microvision VP of Marketing Tom Sanko. ``We continue to align ourselves with technically savvy partners who can integrate the Nomad Display System into a growing range of compelling applications. EST is a prime example of a partner that has a combination of unique systems expertise and market presence that are both relevant to our objectives for the Nomad product. Quality applications are the key to a customer`s ability to realize the full benefits of the Nomad Personal Display. EST has ten years of experience in the development of powerful solutions that couple unique human interface designs with location tracking and other sensor technologies. The examples of their work that we have seen are the kinds of applications that demonstrate a real understanding of how human factors and information technology can be leveraged to enhance productivity in a workplace environment. I think we are going to see reference applications coming out of this relationship that will show the Nomad System to great advantage and that will set the stage for a number of significant growth opportunities.``
Microvision Signs First European Reseller for Nomad Personal Display
Engineering Systems Technologies is top distributor of simulation and augmented reality systems to Europe`s industrial leaders
BOTHELL, Wash.--(BUSINESS WIRE)--April 4, 2002-- Microvision (Nasdaq:MVIS - news) today announced that it has completed a reseller agreement with Engineering Systems Technologies (EST) of Kaiserslautern, Germany.
EST is one of Europe`s largest and most successful suppliers of virtual reality and augmented reality equipment and has delivered solutions to more than 2,000 of Europe`s leading industrial customers including BMW, Volkswagen, Daimler Chrysler, and Airbus.
Ten-year-old EST has offices in Italy, France and Brazil in addition to their headquarters and state-of-the-art demonstration laboratory in Germany. The company has 50 employees who represent more than 40 software and hardware product lines, including sophisticated tracking systems. They work with a network of partners to provide customers with complete virtual and augmented reality systems and solutions for a variety of commercial and industrial applications.
According to Microvision`s Industrial Sales Director, Bo Ray, EST is Europe`s top provider of the kind of sophisticated systems that can take advantage of the powerful features of Nomad Personal Display System.
The Nomad System`s ability to present information in a head-up, hands-free mode is a powerful enabler for customers who are increasingly using electronic information and images to support maintenance, manufacturing, design and training activities in a variety of environments. The Nomad system will allow users to selectively merge electronic information with their natural field of view, making for a powerful means of enhancing the productivity, quality and safety of many work processes.
``We`re really pleased to be working with EST,`` said Ray. ``Because of their extended partnership network, EST can provide complete solutions for all manner of customer requirements. As a result, they occupy a unique position in the marketplace as customers throughout Europe look to EST for innovative information solutions. We`re anxious to support EST and their customers with one of the most exciting visualization products in the marketplace today. We`ve seen great interest in the Nomad Display System coming out of Europe as a result of our work with Siemens and other members of the Arvika consortium. Our partnership with EST is an excellent way to establish our presence in this very promising marketplace.``
``We are very pleased with the way our reseller network is coming together,`` added Microvision VP of Marketing Tom Sanko. ``We continue to align ourselves with technically savvy partners who can integrate the Nomad Display System into a growing range of compelling applications. EST is a prime example of a partner that has a combination of unique systems expertise and market presence that are both relevant to our objectives for the Nomad product. Quality applications are the key to a customer`s ability to realize the full benefits of the Nomad Personal Display. EST has ten years of experience in the development of powerful solutions that couple unique human interface designs with location tracking and other sensor technologies. The examples of their work that we have seen are the kinds of applications that demonstrate a real understanding of how human factors and information technology can be leveraged to enhance productivity in a workplace environment. I think we are going to see reference applications coming out of this relationship that will show the Nomad System to great advantage and that will set the stage for a number of significant growth opportunities.``
Hier gibt es Head Mounted Displays auch für nicht ganz so prall gefüllte Geldbeutel.
http://www.vrealities.com/hmd.html
http://www.vrealities.com/hmd.html
Microvision and Corena USA Announce Co-Marketing Agreement
PHOENIX--(BUSINESS WIRE)--April 8, 2002-- Companies will demonstrate powerful productivity solution for aviation
maintenance featuring Nomad Personal Display at MRO 2002 in Phoenix
Microvision (Nasdaq:MVIS) announced today that it has signed a co-marketing agreement with CORENA USA, Inc., a subsidiary of Danish software company Corena Danmark A/S.
CORENA USA, Inc. is a Systems Integrator and Solutions Provider, specializing in Technical Document Management solutions as well as Maintenance & Engineering solutions primarily for the aerospace industry.
The two companies will collaborate on solutions that combine CORENA`s family of powerful software and systems tools with Microvision`s unique Nomad Personal Display System. They will demonstrate examples to prospective customers at Aviation Week`s MRO 2002 conference at the Phoenix Civic Plaza and Convention Center this week.
Frontline workers such as aviation technicians and mechanics can wear the Nomad Personal Display System to view CORENA`s Windows-based Interactive Electronic Technical Manual (IETM) in a see-through high-resolution display, in any ambient lighting condition, including the bright sunlight often encountered on the flight line. The mechanic is freed from paper manuals or computer kiosks and can refer to the IETM at the "point of task" to improve productivity, quality and safety in aircraft and engine maintenance, repair, and overhaul.
CORENA has worked with production of technical manuals since 1992 and provides products and solutions to many of the world`s leading aerospace companies and aviation maintainers who publish, manage and use structured content to enhance their business. Their largest customer is Boeing who uses their software to produce Wiring Diagram Manuals & System Schematics Manuals for all Boeing 737, 747, 757, 767 and 777 customers.
CORENA`s solutions -- based upon a mixture of best-of-breed software products as well as CORENA`s own products -- allow companies to transform domain and business knowledge into structured XML/SGML content and deploy it to a long-term `company-efficient` industrial solution.
"We are excited about our alliance with CORENA," stated Tom Sanko, vice president of Marketing for Microvision. "The Nomad System is most valuable when it becomes part of a total productivity solution, including software and custom content. CORENA`s IETM software offers outstanding functionality to frontline workers, and we believe people are going to be excited to see how the Nomad System extends those benefits by enabling workers to stay head-up and hands-free.
"We look forward to pursuing a host of opportunities with CORENA, not just in aviation MRO, but anywhere frontline workers need access to information at the point of task.
"Automotive maintenance, power plant maintenance and operation, and a variety of military maintenance tasks can all benefit from the solutions that Microvision and CORENA will deliver. We continue to demonstrate the Nomad System`s significant benefits in a variety of manufacturing and maintenance settings, and we believe that the maintenance and repair segment is a very promising growth market for the product."
"Mobile delivery of content is becoming more important to our customers as they look for productivity improvements in all areas," commented Keld Jellesen, vice president, CORENA USA Inc. "The Nomad System brings our compelling information distribution leg of structured content right to the point of task for people who use information daily to support customer services and critical business processes."
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Corena: www.corena.com
Corena offers comprehensive consulting services spanning systems integration programming to project management of IT projects. The innovative company with end-to-end solutions, successfully combine information content management with mission critical processes. For further information, contact the company at 425/643-7443 or visit www.corena.com
PHOENIX--(BUSINESS WIRE)--April 8, 2002-- Companies will demonstrate powerful productivity solution for aviation
maintenance featuring Nomad Personal Display at MRO 2002 in Phoenix
Microvision (Nasdaq:MVIS) announced today that it has signed a co-marketing agreement with CORENA USA, Inc., a subsidiary of Danish software company Corena Danmark A/S.
CORENA USA, Inc. is a Systems Integrator and Solutions Provider, specializing in Technical Document Management solutions as well as Maintenance & Engineering solutions primarily for the aerospace industry.
The two companies will collaborate on solutions that combine CORENA`s family of powerful software and systems tools with Microvision`s unique Nomad Personal Display System. They will demonstrate examples to prospective customers at Aviation Week`s MRO 2002 conference at the Phoenix Civic Plaza and Convention Center this week.
Frontline workers such as aviation technicians and mechanics can wear the Nomad Personal Display System to view CORENA`s Windows-based Interactive Electronic Technical Manual (IETM) in a see-through high-resolution display, in any ambient lighting condition, including the bright sunlight often encountered on the flight line. The mechanic is freed from paper manuals or computer kiosks and can refer to the IETM at the "point of task" to improve productivity, quality and safety in aircraft and engine maintenance, repair, and overhaul.
CORENA has worked with production of technical manuals since 1992 and provides products and solutions to many of the world`s leading aerospace companies and aviation maintainers who publish, manage and use structured content to enhance their business. Their largest customer is Boeing who uses their software to produce Wiring Diagram Manuals & System Schematics Manuals for all Boeing 737, 747, 757, 767 and 777 customers.
CORENA`s solutions -- based upon a mixture of best-of-breed software products as well as CORENA`s own products -- allow companies to transform domain and business knowledge into structured XML/SGML content and deploy it to a long-term `company-efficient` industrial solution.
"We are excited about our alliance with CORENA," stated Tom Sanko, vice president of Marketing for Microvision. "The Nomad System is most valuable when it becomes part of a total productivity solution, including software and custom content. CORENA`s IETM software offers outstanding functionality to frontline workers, and we believe people are going to be excited to see how the Nomad System extends those benefits by enabling workers to stay head-up and hands-free.
"We look forward to pursuing a host of opportunities with CORENA, not just in aviation MRO, but anywhere frontline workers need access to information at the point of task.
"Automotive maintenance, power plant maintenance and operation, and a variety of military maintenance tasks can all benefit from the solutions that Microvision and CORENA will deliver. We continue to demonstrate the Nomad System`s significant benefits in a variety of manufacturing and maintenance settings, and we believe that the maintenance and repair segment is a very promising growth market for the product."
"Mobile delivery of content is becoming more important to our customers as they look for productivity improvements in all areas," commented Keld Jellesen, vice president, CORENA USA Inc. "The Nomad System brings our compelling information distribution leg of structured content right to the point of task for people who use information daily to support customer services and critical business processes."
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Corena: www.corena.com
Corena offers comprehensive consulting services spanning systems integration programming to project management of IT projects. The innovative company with end-to-end solutions, successfully combine information content management with mission critical processes. For further information, contact the company at 425/643-7443 or visit www.corena.com
Microvision Initiates Customer Leasing Program For The Nomad Personal Display System
BOTHELL, Wash., Apr 15, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), the leader in personal display and imaging systems today announced a partnership with The ELEX Group, Inc. (www.elexgroup.com) of Medford, New Jersey, to provide lease-financing services for business customers of the Nomad Personal Display System.
The ELEX Group specializes in providing complete lease financing solutions through web-based technology.
With The ELEX Group, Inc., Microvision will provide customers throughout the United States with an alternative method to economically acquire the Nomad Personal Display System, and all related software and hardware components. Tom Sanko, Microvision vice president of marketing commented, "the program enhances our current product offering. With a leasing alternative, Microvision can now provide our customers with a simple and complete turnkey offering for the acquisition of the Nomad system. The ELEX website quote system makes it easy for our sales team and resellers to obtain lease quotes and credit approvals on the spot. Many business customers prefer a leasing option for this type of equipment, and we are pleased to be able to provide it through The ELEX Group." The leasing program is available for both Microvision`s direct sales customers and customers purchasing from the company`s growing network of Value Added Resellers.
About Nomad Personal Display System
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Headquartered in Bothell, WA., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About The ELEX Group: www.elexgroup.com
Since 1974, ELEX has provided capital equipment financing to companies in all industries across the continental United States. Leasing transactions range from $10,000 to $5,000,000. ELEX provides financial solutions that will enable customers to acquire the capital equipment needed to improve their business at an affordable price. The ELEX vendor alliance programs help vendors create a competitive advantage, increasing sales and reducing accounts receivable.
BOTHELL, Wash., Apr 15, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), the leader in personal display and imaging systems today announced a partnership with The ELEX Group, Inc. (www.elexgroup.com) of Medford, New Jersey, to provide lease-financing services for business customers of the Nomad Personal Display System.
The ELEX Group specializes in providing complete lease financing solutions through web-based technology.
With The ELEX Group, Inc., Microvision will provide customers throughout the United States with an alternative method to economically acquire the Nomad Personal Display System, and all related software and hardware components. Tom Sanko, Microvision vice president of marketing commented, "the program enhances our current product offering. With a leasing alternative, Microvision can now provide our customers with a simple and complete turnkey offering for the acquisition of the Nomad system. The ELEX website quote system makes it easy for our sales team and resellers to obtain lease quotes and credit approvals on the spot. Many business customers prefer a leasing option for this type of equipment, and we are pleased to be able to provide it through The ELEX Group." The leasing program is available for both Microvision`s direct sales customers and customers purchasing from the company`s growing network of Value Added Resellers.
About Nomad Personal Display System
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
About Microvision: www.mvis.com
Headquartered in Bothell, WA., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About The ELEX Group: www.elexgroup.com
Since 1974, ELEX has provided capital equipment financing to companies in all industries across the continental United States. Leasing transactions range from $10,000 to $5,000,000. ELEX provides financial solutions that will enable customers to acquire the capital equipment needed to improve their business at an affordable price. The ELEX vendor alliance programs help vendors create a competitive advantage, increasing sales and reducing accounts receivable.
Microvision and Office of Naval Research Showcase Nomad Personal Display System in Action Aboard the Afloat Lab During D.C. Visit
WASHINGTON, Apr 18, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS) today showcased a working demonstration of the Nomad Personal Display System on the Office of Naval Research`s Afloat Lab, at an invitation only event at the Washington DC Navy Shipyard.
The Office of Naval Research is showcasing the Nomad system to a variety of high-level Navy officials and members of Congress during the three-day event. Microvision is currently under contract with the Navy to support the development of the Nomad system for possible future use in applications for C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) operations.
The Afloat Lab is a former U.S. Naval Academy Yard Patrol craft used for training at the academy. Typical Yard Patrol crafts have the same machinery, electronics and navigation systems as the Navy`s large fleet ships which makes it an ideal platform for testing new technologies intended for shipboard use. Microvision is demonstrating two applications for the Nomad system aboard the Afloat Lab: a see-through, GPS-enabled moving map for navigation and a maintenance, repair, and overhaul suite for increasing productivity and accuracy of mobile maintainers.
Rob Sainsbury, Microvision director of government business development commented, "The Navy is actively pursuing the development and sponsorship of innovative communication tools. Showcasing the work that they sponsor to influential government staffers and members of Congress is an important validation for our technology. The Navy`s sponsorship of our technology supports an important `dual use`. First, our unique displays can enhance situational awareness to give US and allied troops the edge they need to fight and survive in conflicts of the future, and second we will bring this technology into multiple commercial applications, thus demonstrating the significant extendibility of government funding."
As part of an on-going series of product demonstrations, during the week of May 22 - 29, Microvision will also be demonstrating the Nomad System aboard the Afloat Lab in New York City for Fleet Week. During this week the Navy will host a variety of public and private sessions to showcase the various emerging technologies being displayed aboard the ship.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
WASHINGTON, Apr 18, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS) today showcased a working demonstration of the Nomad Personal Display System on the Office of Naval Research`s Afloat Lab, at an invitation only event at the Washington DC Navy Shipyard.
The Office of Naval Research is showcasing the Nomad system to a variety of high-level Navy officials and members of Congress during the three-day event. Microvision is currently under contract with the Navy to support the development of the Nomad system for possible future use in applications for C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) operations.
The Afloat Lab is a former U.S. Naval Academy Yard Patrol craft used for training at the academy. Typical Yard Patrol crafts have the same machinery, electronics and navigation systems as the Navy`s large fleet ships which makes it an ideal platform for testing new technologies intended for shipboard use. Microvision is demonstrating two applications for the Nomad system aboard the Afloat Lab: a see-through, GPS-enabled moving map for navigation and a maintenance, repair, and overhaul suite for increasing productivity and accuracy of mobile maintainers.
Rob Sainsbury, Microvision director of government business development commented, "The Navy is actively pursuing the development and sponsorship of innovative communication tools. Showcasing the work that they sponsor to influential government staffers and members of Congress is an important validation for our technology. The Navy`s sponsorship of our technology supports an important `dual use`. First, our unique displays can enhance situational awareness to give US and allied troops the edge they need to fight and survive in conflicts of the future, and second we will bring this technology into multiple commercial applications, thus demonstrating the significant extendibility of government funding."
As part of an on-going series of product demonstrations, during the week of May 22 - 29, Microvision will also be demonstrating the Nomad System aboard the Afloat Lab in New York City for Fleet Week. During this week the Navy will host a variety of public and private sessions to showcase the various emerging technologies being displayed aboard the ship.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
Leading GPS-Based Laser Measurement Systems Distributor
Signed As Reseller for Nomad Personal Display System
BOTHELL, Wash., Apr 22, 2002 (BUSINESS WIRE) --
Nomad system will enhance precision measurement and heavy
equipment control for environmental safety in mining
and construction operations
Microvision (Nasdaq:MVIS) today announced that it has signed a reseller distribution agreement
with Productivity Products and Services, Inc. of Pittsburgh as a value added reseller (VAR) for
the Nomad(TM) Personal Display System.
Productivity Products and Services, serving the Northeast U.S., and one of an exclusive set of
Topcon Certified machine control dealers, will market Microvision`s unique Nomad wearable
display as a companion product to wireless GPS and laser surveying systems used in road
building, construction and mining operations for increased productivity and environmental
safety.
Wireless GPS and laser surveying instruments generate, capture and display site-specific
coordinates and contour lines used to ensure accuracy throughout planning, surveying, site
preparation and excavation. In mining operations, this equipment also can be used to add
precision and reduce time in handling hazardous waste by products.
Today, operators of excavation and earth moving equipment refer to instruments in the cab for
tracking data, but have to continually look back and forth between the outside view and an LCD
screen to see the visual cues. By wearing the Nomad display, drivers can keep their eyes on the
blade or bucket and see contour lines superimposed over their view of the excavation site or
refuse pile, allowing them to avoid running over surveyor`s stakes or making bad cuts (which
have to be redone).
"The Nomad System`s ability to present positioning cues in head-up mode enables tremendous
advantages by increasing precision for heavy machinery. The combination of increased
productivity -- by eliminating the need to re-stake, and reducing the number of passes to
achieve proper levels -- and increasing onsite safety shows the benefits of using the Nomad
see-thru, wearable display," said Bruce Ridley, Microvision`s marketing manager for industrial
displays
"The Nomad System is a huge addition to our product line, augmenting and differentiating our
products from all other competitors, which is extremely helpful in highly competitive situations"
said Dave Reitmeyer, president of Productivity Products and Services. "In addition, it allows us
to think outside the box and can get us into new markets where we have no current inroads.
According to Ridley, the heavy equipment manufacturing market is huge -- 280,000 machines
sold annually -- but only a fraction is equipped with GPS and laser guidance. Because the Nomad
system is both see-thru and readable in bright sunlight -- providing full situational awareness for
the operator -- it is well positioned to increase the adoption of precision measurement systems.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad
system is a high-resolution head-worn display that presents images and information to the user
on a see-through virtual 17-inch display. This unique personal display enables hands-free
access to such information diagrams, instrumentation, maintenance records, moving maps and
interactive training manuals, superimposing the information on the user`s view and creating
"augmented vision." The Nomad system features full daylight-readability, allowing users to view
high contrast images in even the most challenging ambient lighting conditions. High quality,
Super VGA resolution makes the Nomad system immediately compatible with a broad range of
existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad system can deliver
major improvements in productivity, quality and safety for virtually any type of manual task.
The company is targeting applications in four vertical markets -- industrial, aerospace, medical,
and military -- that enable customers.
Signed As Reseller for Nomad Personal Display System
BOTHELL, Wash., Apr 22, 2002 (BUSINESS WIRE) --
Nomad system will enhance precision measurement and heavy
equipment control for environmental safety in mining
and construction operations
Microvision (Nasdaq:MVIS) today announced that it has signed a reseller distribution agreement
with Productivity Products and Services, Inc. of Pittsburgh as a value added reseller (VAR) for
the Nomad(TM) Personal Display System.
Productivity Products and Services, serving the Northeast U.S., and one of an exclusive set of
Topcon Certified machine control dealers, will market Microvision`s unique Nomad wearable
display as a companion product to wireless GPS and laser surveying systems used in road
building, construction and mining operations for increased productivity and environmental
safety.
Wireless GPS and laser surveying instruments generate, capture and display site-specific
coordinates and contour lines used to ensure accuracy throughout planning, surveying, site
preparation and excavation. In mining operations, this equipment also can be used to add
precision and reduce time in handling hazardous waste by products.
Today, operators of excavation and earth moving equipment refer to instruments in the cab for
tracking data, but have to continually look back and forth between the outside view and an LCD
screen to see the visual cues. By wearing the Nomad display, drivers can keep their eyes on the
blade or bucket and see contour lines superimposed over their view of the excavation site or
refuse pile, allowing them to avoid running over surveyor`s stakes or making bad cuts (which
have to be redone).
"The Nomad System`s ability to present positioning cues in head-up mode enables tremendous
advantages by increasing precision for heavy machinery. The combination of increased
productivity -- by eliminating the need to re-stake, and reducing the number of passes to
achieve proper levels -- and increasing onsite safety shows the benefits of using the Nomad
see-thru, wearable display," said Bruce Ridley, Microvision`s marketing manager for industrial
displays
"The Nomad System is a huge addition to our product line, augmenting and differentiating our
products from all other competitors, which is extremely helpful in highly competitive situations"
said Dave Reitmeyer, president of Productivity Products and Services. "In addition, it allows us
to think outside the box and can get us into new markets where we have no current inroads.
According to Ridley, the heavy equipment manufacturing market is huge -- 280,000 machines
sold annually -- but only a fraction is equipped with GPS and laser guidance. Because the Nomad
system is both see-thru and readable in bright sunlight -- providing full situational awareness for
the operator -- it is well positioned to increase the adoption of precision measurement systems.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad
system is a high-resolution head-worn display that presents images and information to the user
on a see-through virtual 17-inch display. This unique personal display enables hands-free
access to such information diagrams, instrumentation, maintenance records, moving maps and
interactive training manuals, superimposing the information on the user`s view and creating
"augmented vision." The Nomad system features full daylight-readability, allowing users to view
high contrast images in even the most challenging ambient lighting conditions. High quality,
Super VGA resolution makes the Nomad system immediately compatible with a broad range of
existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad system can deliver
major improvements in productivity, quality and safety for virtually any type of manual task.
The company is targeting applications in four vertical markets -- industrial, aerospace, medical,
and military -- that enable customers.
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TFS buys Inviso IP
by: Stagehand_Steve11 (52/M/Boston)
04/29/02 09:53 am
Msg: 43854 of 43855
TEMPE, Ariz., Apr 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- Three-Five
Systems, Inc. (NYSE: TFS) today announced that it has completed an acquisition
of all of the intellectual property and selected assets from Inviso Corporation,
a former LCoS microdisplay company that focused on near-to-eye applications.
Jack Saltich, Three-Five Systems President and CEO said, "I am pleased that we
are able to expand our microdisplay optics capabilities with the addition of the
intellectual property developed at Inviso. For a very modest investment, we will
now possess optics designs that can be utilized in near-to-eye
microdisplay-based products."
Company officials indicated that the acquisition provides Three-Five Systems
with exclusive ownership of all of the intellectual property belonging to
Inviso, which consists of 40 patents, both issued and pending, and selected
assets of the corporation, for less than $1 million in cash. Three-Five assumes
no debt in the transaction.
Saltich added, "Inviso was well-regarded for its ability to develop optics
technology and drive circuitry in support of mobile near-to-eye microdisplay
applications. This addition strengthens our own position in the technology and
in the near-to-eye marketplace, thereby allowing our customers even more options
in the development of their products. Moreover, we have been Inviso`s
manufacturing partner for quite some time, and our familiarity with the optics
technology and LCoS imagers will allow us to quickly assimilate that knowledge
and make it useful to our customers."
The Inviso IP acquisition by Three-Five Systems comes roughly two months after
the company`s announcement in January of this year that it had acquired all of
the intellectual property and selected assets of Zight Corporation, a leading
microdisplay company that also focused on near-to-eye applications. Several
former, key technical employees of Zight joined Three-Five Systems in that
arrangement.
Ken Werner, President of Nutmeg Consultants, a display-industry consulting firm
based in Norwalk, Connecticut, said, "Inviso`s high-quality and very compact
optical designs for near-to-eye microdisplay applications were widely regarded
as the best in the industry. It is fortunate that these designs will now be put
to good use."
McLaughlin Consulting Group, a Menlo Park research firm that focuses on the
display markets, indicates that the market for near-to-eye displays in
camcorders, digital cameras, cell phones and internet appliances will reach $2
billion by the year 2005.
by: Stagehand_Steve11 (52/M/Boston)
04/29/02 09:53 am
Msg: 43854 of 43855
TEMPE, Ariz., Apr 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- Three-Five
Systems, Inc. (NYSE: TFS) today announced that it has completed an acquisition
of all of the intellectual property and selected assets from Inviso Corporation,
a former LCoS microdisplay company that focused on near-to-eye applications.
Jack Saltich, Three-Five Systems President and CEO said, "I am pleased that we
are able to expand our microdisplay optics capabilities with the addition of the
intellectual property developed at Inviso. For a very modest investment, we will
now possess optics designs that can be utilized in near-to-eye
microdisplay-based products."
Company officials indicated that the acquisition provides Three-Five Systems
with exclusive ownership of all of the intellectual property belonging to
Inviso, which consists of 40 patents, both issued and pending, and selected
assets of the corporation, for less than $1 million in cash. Three-Five assumes
no debt in the transaction.
Saltich added, "Inviso was well-regarded for its ability to develop optics
technology and drive circuitry in support of mobile near-to-eye microdisplay
applications. This addition strengthens our own position in the technology and
in the near-to-eye marketplace, thereby allowing our customers even more options
in the development of their products. Moreover, we have been Inviso`s
manufacturing partner for quite some time, and our familiarity with the optics
technology and LCoS imagers will allow us to quickly assimilate that knowledge
and make it useful to our customers."
The Inviso IP acquisition by Three-Five Systems comes roughly two months after
the company`s announcement in January of this year that it had acquired all of
the intellectual property and selected assets of Zight Corporation, a leading
microdisplay company that also focused on near-to-eye applications. Several
former, key technical employees of Zight joined Three-Five Systems in that
arrangement.
Ken Werner, President of Nutmeg Consultants, a display-industry consulting firm
based in Norwalk, Connecticut, said, "Inviso`s high-quality and very compact
optical designs for near-to-eye microdisplay applications were widely regarded
as the best in the industry. It is fortunate that these designs will now be put
to good use."
McLaughlin Consulting Group, a Menlo Park research firm that focuses on the
display markets, indicates that the market for near-to-eye displays in
camcorders, digital cameras, cell phones and internet appliances will reach $2
billion by the year 2005.
Neues von MVIS:
Microvision Announces First Quarter 2002 Financial Results Conference Call, Says Record First Quarter Revenue of $3.8 Million Exceeds Expectations
BOTHELL, Wash., Apr 30, 2002 (BUSINESS WIRE) --
Revenue increase of 63% over Q1 2001 is fueled by higher contract revenue and the introduction of Nomad Display
Microvision, Inc. (Nasdaq:MVIS), the leader in light scanning technologies, today announced that it will host its first quarter 2002 financial results conference call on Thursday May 9, 2002 at 8:00 a.m. PT.
Participants may join the conference call by dialing 800/309-9175 (for U.S. participants) ten minutes prior to the start of the call. International participants can dial 706/634-1445. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 11:00 p.m. ET May 16, 2002 and can be accessed by dialing 800/642-1687 (for U.S. participants) or 706/645-9291 (for international participants). The confirmation identification code is 3948390.
The company indicated that it will report first quarter 2002 revenue of $3.8 million, representing an increase of 63% over the same period in 2001, and exceeding its previously announced revenue guidance. Revenue for the quarter was derived primarily from ongoing work on development contracts with the U.S. military, with initial sales of the Nomad personal display system, development contracts with commercial partners, and development work at its Lumera subsidiary also contributing to the strong first quarter results.
The company also affirmed that it expects revenue for the second quarter of 2002 to be in the range of $4.5 million, which would represent an increase of more than 150% over the second quarter of 2001 and a record quarter for the company. With record revenue for both the first and second quarters of 2002, the company is experiencing the best start in its history and continues to target revenue growth of 125 to 150 percent for the full year versus 2001.
The company will also report a consolidated net loss of $.63 per share, including a loss of $.02 per share attributable to its subsidiary Lumera Corporation. The loss per share for the first quarter of 2001 was $.86 per share, including $.19 per share attributable to Lumera Corporation.
"We are pleased that revenue for the first quarter will exceed our previous expectations," said Microvision CEO Rick Rutkowski. "We also met a number of important technical and business milestones during the quarter including putting in place a number of qualified channel partners for the Nomad Personal Display. To date we have announced 11 reseller agreements and we are on target to meet goal of signing 50 resellers by year-end. We expect sales of the Nomad display to increase in the second quarter and product sales, including the Flic personal barcode scanner, to accelerate further in the second half of the year. I look forward to discussing our results and outlook in greater detail in our upcoming conference call."
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Lumera: www.mvis.com
As a subsidiary of Microvision, Inc., Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company plans to deliver superior and unique component solutions to optical systems suppliers. Lumera plans to supply standard and custom components to systems providers in multiple high-growth product categories.
Forward-Looking Statements Disclaimer
Certain statements contained in this release, including projections of revenues, plans for product development, and future operations, as well as statements containing words like "believe," "anticipate," "estimate," "intend," "seek," "indicated," "expect," and other similar expressions, 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: market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company`s SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2001 and its Quarterly Reports on Form 10-Q.
CONTACT:
Microvision, Inc.
investors:
Brian Heagler, 425/415-6847
brian_heagler@mvis.com
or
media:
Matt Nichols, 425/415-6847
matt_nichols@mvis.com
URL: http://www.businesswire.com Today`s News On The Net - Business Wire`s full file on the Internet with Hyperlinks to your home page.
Copyright (C) 2002 Business Wire. All rights reserved.
---------------------------
not bad!
Microvision Announces First Quarter 2002 Financial Results Conference Call, Says Record First Quarter Revenue of $3.8 Million Exceeds Expectations
BOTHELL, Wash., Apr 30, 2002 (BUSINESS WIRE) --
Revenue increase of 63% over Q1 2001 is fueled by higher contract revenue and the introduction of Nomad Display
Microvision, Inc. (Nasdaq:MVIS), the leader in light scanning technologies, today announced that it will host its first quarter 2002 financial results conference call on Thursday May 9, 2002 at 8:00 a.m. PT.
Participants may join the conference call by dialing 800/309-9175 (for U.S. participants) ten minutes prior to the start of the call. International participants can dial 706/634-1445. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.mvis.com. A telephone replay of the call will be available through 11:00 p.m. ET May 16, 2002 and can be accessed by dialing 800/642-1687 (for U.S. participants) or 706/645-9291 (for international participants). The confirmation identification code is 3948390.
The company indicated that it will report first quarter 2002 revenue of $3.8 million, representing an increase of 63% over the same period in 2001, and exceeding its previously announced revenue guidance. Revenue for the quarter was derived primarily from ongoing work on development contracts with the U.S. military, with initial sales of the Nomad personal display system, development contracts with commercial partners, and development work at its Lumera subsidiary also contributing to the strong first quarter results.
The company also affirmed that it expects revenue for the second quarter of 2002 to be in the range of $4.5 million, which would represent an increase of more than 150% over the second quarter of 2001 and a record quarter for the company. With record revenue for both the first and second quarters of 2002, the company is experiencing the best start in its history and continues to target revenue growth of 125 to 150 percent for the full year versus 2001.
The company will also report a consolidated net loss of $.63 per share, including a loss of $.02 per share attributable to its subsidiary Lumera Corporation. The loss per share for the first quarter of 2001 was $.86 per share, including $.19 per share attributable to Lumera Corporation.
"We are pleased that revenue for the first quarter will exceed our previous expectations," said Microvision CEO Rick Rutkowski. "We also met a number of important technical and business milestones during the quarter including putting in place a number of qualified channel partners for the Nomad Personal Display. To date we have announced 11 reseller agreements and we are on target to meet goal of signing 50 resellers by year-end. We expect sales of the Nomad display to increase in the second quarter and product sales, including the Flic personal barcode scanner, to accelerate further in the second half of the year. I look forward to discussing our results and outlook in greater detail in our upcoming conference call."
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Lumera: www.mvis.com
As a subsidiary of Microvision, Inc., Lumera is a world leader in the development of electro-optic devices based on proprietary optical polymers. The company plans to deliver superior and unique component solutions to optical systems suppliers. Lumera plans to supply standard and custom components to systems providers in multiple high-growth product categories.
Forward-Looking Statements Disclaimer
Certain statements contained in this release, including projections of revenues, plans for product development, and future operations, as well as statements containing words like "believe," "anticipate," "estimate," "intend," "seek," "indicated," "expect," and other similar expressions, 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: market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company`s SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2001 and its Quarterly Reports on Form 10-Q.
CONTACT:
Microvision, Inc.
investors:
Brian Heagler, 425/415-6847
brian_heagler@mvis.com
or
media:
Matt Nichols, 425/415-6847
matt_nichols@mvis.com
URL: http://www.businesswire.com Today`s News On The Net - Business Wire`s full file on the Internet with Hyperlinks to your home page.
Copyright (C) 2002 Business Wire. All rights reserved.
---------------------------
not bad!
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Der magische Blick
Presseinformation 06/02
07.03.02
Ein neues mobiles Augmented-Reality-System stellen Forscher des Fraunhofer-Instituts für Graphische Datenverarbeitung IGD auf der CeBIT 2002 (13. - 20. März) in Hannover vor. Das AR-System verfügt über ein Laser-Display, das Bildinformationen direkt auf die Netzhaut projiziert. Damit erhält beispielsweise ein Techniker Grafiken in sein Sichtfeld eingeblendet, die er aktuell benötigt, um Teile einer komplexen Anlage zu montieren. Das mobile AR-Komplettsystem ist klein, handlich und lässt sich für vielfältige Anwendungen einsetzen. So wird für Touristen der mobile Computer mit Spezialfernglas zum persönlichen Tour Guide, der historische Bauwerke wiederauferstehen lässt und Stadtpläne anzeigt.
Herkömmliche Montagehandbücher oder Bedienungsanleitungen bringen vielfach selbst versierte Techniker zum Verzweifeln, die eine neue hochkomplexe Maschine in Betrieb nehmen oder warten sollen. In Kürze hat das Blättern in den dicken Wälzern ein Ende, denn die Handbücher der Zukunft bestehen aus einem tragbaren Kleincomputer und einer teiltransparenten Datenbrille bzw. einem Display. Der Techniker setzt lediglich die Brille mit dem Retinal-Display auf und schließt diese an die mobile Computereinheit an, die sich an seinem Gürtel befindet. Sofort werden in sein Sichtfeld die graphischen Zusatzinformationen projiziert, die ihn im aktuellen Arbeitsprozess unterstützen. »Das System leitet den Techniker Schritt für Schritt an, indem es ihm die entsprechenden visuellen und akustischen Anweisungen erteilt. Gleichzeitig hat er die reale Anlage im Blickfeld und kann unmittelbar die Instruktionen ausführen - das Tempo bestimmt er selbst«, erläutert Didier Stricker vom Fraunhofer IGD. Ein am Gürtel befestigter Minirechner oder ein Laptop erzeugen lagerichtig zum Objekt die akustischen und visuellen Informationen, eine bleistiftdünne Videokamera an der Brille dient dazu, die Position und die Blickrichtung des Benutzers exakt zu ermitteln. Das neue Laser Retinal-Display, von Helikopterpiloten bereits erfolgreich erprobt, ermöglicht es graphische Informationen in sehr hoher Qualität darzustellen. Augmented Reality ist nicht nur für die Montage hochkomplexer Produkte geeignet und liefert die digitalen Handbücher für die Techniker der Zukunft. Hersteller könnten mit AR-System weltweit den Mitarbeitern vor Ort alle digitalen Daten via Internet bereitstellen und aktualisieren. Ferner könnte ein Experte von der Firmenzentrale aus am Monitor die Arbeiten verfolgen und Hilfestellung leisten. Mit dem mobilen AR-Komplettsystem und weiteren wegweisenden, produktfähigen Prototypen, so Stricker, eröffne sich ein breites Anwendungsspektrum in unterschiedlichen Branchen: Mediziner können bei der Diagnose und während der Operation Röntgenbilder oder Ultraschalldaten einblenden lassen. Städteplaner können mit Hilfe von AR prüfen, ob geplante Brücken oder Gebäude sich in das Umfeld einfügen. In weiteren Projekten entwickeln Forscher des Fraunhofer IGD mobile Navigations- und Informationssysteme für Touristen. Ausgestattet mit Spezialfernglas und Kleinstcomputer können sie sich die vor Jahrhunderten zerstörte Schlossanlage einblenden oder griechische Tempel aus Ruinen wiederauferstehen lassen. Das System kann ferner Übersichtspläne anzeigen und unterstützt bei der Suche nach Hotels und Restaurants.
Experten prognostizieren AR-Systemen große Marktpotenziale. Denn in Kürze stehen leistungsfähige tragbare Endgeräte zur Verfügung und UMTS gewährleistet die Bandbreiten, um große Datenmengen in Echtzeit zu übertragen.
Die deutsche Wirtschaft setzt auf die Schlüsseltechnologie Augmented Reality: Unternehmen und Forschungseinrichtungen haben sich im Projekt »ARVIKA« (www.arvika.de) zum weltweit größten Konsortium zusammengeschlossen. Ihr Ziel: AR-Techniken in marktreife Anwednugen umzusetzen für die Entwicklung, Wartung und Produktion von Autos, Flugzeugen, Maschinen und Anlagen. Die technische Koordination liegt beim Fraunhofer IGD, die Leitung hat Siemens und gefördert wird das Projekt vom Bundesforschungsministerium. Das mobile AR-Komplettsystem haben die Darmstädter Wissenschaftler im Rahmen von ARVIKA entwickelt.
Detaillierte Informationen erhalten Sie unter den URL:
http://www.igd.fraunhofer.de/igd-a4/index.html http://www.arvika.de
Bild zu Ar-Laser Display
CeBIT 2002
Messe Hannover
16. - 20. März 2002
Gemeinschaftsstand der Fraunhofer-Gesellschaft
Halle 11, Stand A14
Ansprechpartner:
Didier Stricker
Fraunhofer IGD
E-Mail: didier.stricker@igd.fraunhofer.de
Das internationale Netzwerk der Graphischen Datenverarbeitung (INI-GraphicsNet) besteht aus dem Fraunhofer-Institut für Graphische Datenverarbeitung IGD, dem Zentrum für Graphische Datenverarbeitung (ZGDV) e.V., beide in Darmstadt und Rostock, und dem Fachgebiet Graphisch-Interaktive Systeme (GRIS) der Technischen Universität Darmstadt. Weitere Institutionen des Netzwerkes sind das Fraunhofer-Anwendungszentrum für Computergraphik in Chemie und Pharmazie (AGC) in Frankfurt, das Fraunhofer Center for Research in Computer Graphics (CRCG) in Providence, Rhode Island (USA), das Centre for Advanced Media Technology (CAMTech) in Singapur, das Centro de Computação Gráfica (CCG) in Guimarães (Portugal), das Centre for Visual Interaction and Communication Technologies (VICOMTech) in San Sebastian (Spanien) und das Institute for New Media Technology (NEMETech) in Seoul (Süd-Korea).
Innerhalb des Netzverbundes sind an den acht Standorten über 300 Mitarbeiterinnen und Mitarbeiter sowie rund 560
wissenschaftliche Hilfskräfte beschäftigt. Bei einem Haushalt von über 41 Millionen EURO bildet das INI-GraphicsNet weltweit den größten Forschungsverbund auf dem Gebiet der
Graphischen Datenverarbeitung.
Previous Next
Top Home
Point of contact:
Bernad Lukacin
Fraunhoferstrasse 5
64283 Darmstadt
Germany
Phone: ++49 6151 / 155-146
Fax: ++49 6151 / 155-446
Email: Bernad.Lukacin@igd.fhg.de
Bernad.Lukacin@zgdv.de
URL: http://www.inigraphics.net/press
---------------
MVIS inside ARVIKA
http://www.inigraphics.net/press/presseinfos/pi_2002/presseinfo_0602.html.en" target="_blank" rel="nofollow ugc noopener">http://www.inigraphics.net/press/presseinfos/pi_2002/presseinfo_0602.html.en
Der magische Blick
Presseinformation 06/02
07.03.02
Ein neues mobiles Augmented-Reality-System stellen Forscher des Fraunhofer-Instituts für Graphische Datenverarbeitung IGD auf der CeBIT 2002 (13. - 20. März) in Hannover vor. Das AR-System verfügt über ein Laser-Display, das Bildinformationen direkt auf die Netzhaut projiziert. Damit erhält beispielsweise ein Techniker Grafiken in sein Sichtfeld eingeblendet, die er aktuell benötigt, um Teile einer komplexen Anlage zu montieren. Das mobile AR-Komplettsystem ist klein, handlich und lässt sich für vielfältige Anwendungen einsetzen. So wird für Touristen der mobile Computer mit Spezialfernglas zum persönlichen Tour Guide, der historische Bauwerke wiederauferstehen lässt und Stadtpläne anzeigt.
Herkömmliche Montagehandbücher oder Bedienungsanleitungen bringen vielfach selbst versierte Techniker zum Verzweifeln, die eine neue hochkomplexe Maschine in Betrieb nehmen oder warten sollen. In Kürze hat das Blättern in den dicken Wälzern ein Ende, denn die Handbücher der Zukunft bestehen aus einem tragbaren Kleincomputer und einer teiltransparenten Datenbrille bzw. einem Display. Der Techniker setzt lediglich die Brille mit dem Retinal-Display auf und schließt diese an die mobile Computereinheit an, die sich an seinem Gürtel befindet. Sofort werden in sein Sichtfeld die graphischen Zusatzinformationen projiziert, die ihn im aktuellen Arbeitsprozess unterstützen. »Das System leitet den Techniker Schritt für Schritt an, indem es ihm die entsprechenden visuellen und akustischen Anweisungen erteilt. Gleichzeitig hat er die reale Anlage im Blickfeld und kann unmittelbar die Instruktionen ausführen - das Tempo bestimmt er selbst«, erläutert Didier Stricker vom Fraunhofer IGD. Ein am Gürtel befestigter Minirechner oder ein Laptop erzeugen lagerichtig zum Objekt die akustischen und visuellen Informationen, eine bleistiftdünne Videokamera an der Brille dient dazu, die Position und die Blickrichtung des Benutzers exakt zu ermitteln. Das neue Laser Retinal-Display, von Helikopterpiloten bereits erfolgreich erprobt, ermöglicht es graphische Informationen in sehr hoher Qualität darzustellen. Augmented Reality ist nicht nur für die Montage hochkomplexer Produkte geeignet und liefert die digitalen Handbücher für die Techniker der Zukunft. Hersteller könnten mit AR-System weltweit den Mitarbeitern vor Ort alle digitalen Daten via Internet bereitstellen und aktualisieren. Ferner könnte ein Experte von der Firmenzentrale aus am Monitor die Arbeiten verfolgen und Hilfestellung leisten. Mit dem mobilen AR-Komplettsystem und weiteren wegweisenden, produktfähigen Prototypen, so Stricker, eröffne sich ein breites Anwendungsspektrum in unterschiedlichen Branchen: Mediziner können bei der Diagnose und während der Operation Röntgenbilder oder Ultraschalldaten einblenden lassen. Städteplaner können mit Hilfe von AR prüfen, ob geplante Brücken oder Gebäude sich in das Umfeld einfügen. In weiteren Projekten entwickeln Forscher des Fraunhofer IGD mobile Navigations- und Informationssysteme für Touristen. Ausgestattet mit Spezialfernglas und Kleinstcomputer können sie sich die vor Jahrhunderten zerstörte Schlossanlage einblenden oder griechische Tempel aus Ruinen wiederauferstehen lassen. Das System kann ferner Übersichtspläne anzeigen und unterstützt bei der Suche nach Hotels und Restaurants.
Experten prognostizieren AR-Systemen große Marktpotenziale. Denn in Kürze stehen leistungsfähige tragbare Endgeräte zur Verfügung und UMTS gewährleistet die Bandbreiten, um große Datenmengen in Echtzeit zu übertragen.
Die deutsche Wirtschaft setzt auf die Schlüsseltechnologie Augmented Reality: Unternehmen und Forschungseinrichtungen haben sich im Projekt »ARVIKA« (www.arvika.de) zum weltweit größten Konsortium zusammengeschlossen. Ihr Ziel: AR-Techniken in marktreife Anwednugen umzusetzen für die Entwicklung, Wartung und Produktion von Autos, Flugzeugen, Maschinen und Anlagen. Die technische Koordination liegt beim Fraunhofer IGD, die Leitung hat Siemens und gefördert wird das Projekt vom Bundesforschungsministerium. Das mobile AR-Komplettsystem haben die Darmstädter Wissenschaftler im Rahmen von ARVIKA entwickelt.
Detaillierte Informationen erhalten Sie unter den URL:
http://www.igd.fraunhofer.de/igd-a4/index.html http://www.arvika.de
Bild zu Ar-Laser Display
CeBIT 2002
Messe Hannover
16. - 20. März 2002
Gemeinschaftsstand der Fraunhofer-Gesellschaft
Halle 11, Stand A14
Ansprechpartner:
Didier Stricker
Fraunhofer IGD
E-Mail: didier.stricker@igd.fraunhofer.de
Das internationale Netzwerk der Graphischen Datenverarbeitung (INI-GraphicsNet) besteht aus dem Fraunhofer-Institut für Graphische Datenverarbeitung IGD, dem Zentrum für Graphische Datenverarbeitung (ZGDV) e.V., beide in Darmstadt und Rostock, und dem Fachgebiet Graphisch-Interaktive Systeme (GRIS) der Technischen Universität Darmstadt. Weitere Institutionen des Netzwerkes sind das Fraunhofer-Anwendungszentrum für Computergraphik in Chemie und Pharmazie (AGC) in Frankfurt, das Fraunhofer Center for Research in Computer Graphics (CRCG) in Providence, Rhode Island (USA), das Centre for Advanced Media Technology (CAMTech) in Singapur, das Centro de Computação Gráfica (CCG) in Guimarães (Portugal), das Centre for Visual Interaction and Communication Technologies (VICOMTech) in San Sebastian (Spanien) und das Institute for New Media Technology (NEMETech) in Seoul (Süd-Korea).
Innerhalb des Netzverbundes sind an den acht Standorten über 300 Mitarbeiterinnen und Mitarbeiter sowie rund 560
wissenschaftliche Hilfskräfte beschäftigt. Bei einem Haushalt von über 41 Millionen EURO bildet das INI-GraphicsNet weltweit den größten Forschungsverbund auf dem Gebiet der
Graphischen Datenverarbeitung.
Previous Next
Top Home
Point of contact:
Bernad Lukacin
Fraunhoferstrasse 5
64283 Darmstadt
Germany
Phone: ++49 6151 / 155-146
Fax: ++49 6151 / 155-446
Email: Bernad.Lukacin@igd.fhg.de
Bernad.Lukacin@zgdv.de
URL: http://www.inigraphics.net/press
---------------
MVIS inside ARVIKA
Microvision kooperiert weiterhin mit BMW...
----------------------
Microvision Continues Work on Next-Generation Automotive Displays with European Auto Maker
BOTHELL, Wash., May 1, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS), the leader in light-scanning technologies, today announced that, following the recent delivery of prototype systems to a leading European automobile manufacturer, it has been awarded a new contract to continue development of next-generation automotive display products based on Microvision`s proprietary light-scanning technology.
The companies have indicated that the focus of their development work will support Microvision`s initiative to bring to market innovative concepts for in-vehicle displays that can provide benefits ranging from increased safety and improved fuel efficiency to information and entertainment. However, details concerning specific products to be developed were not released.
Microvision`s unique light-scanning display is based on proprietary technology that creates a high-resolution computer image by precisely scanning a single beam of laser light at very high speed.
The company says its displays promise to deliver extremely bright, high-quality images to solve the challenge of delivering information to drivers and passengers in future automobiles where display size, power and cost are key factors.
Small front- or rear-projection devices can be used to present information to drivers in selected locations such as rear-view mirrors, windshields or instrument clusters to support a full range of automotive information applications, including emerging "telematics" applications like GPS navigation, traffic advisories and internet-based information and entertainment services.
"The interior of an automobile is a challenging environment that leads to a demanding set of specifications for displays," said Russell Hannigan, Microvision`s Director of Business Development for advanced products. "Our technology is a perfect fit because automotive displays need to deliver very bright images in small, affordable packages that have a long lifetime and do not generate heat. Current display technologies that use expensive projection lamps aren`t able to achieve most of these requirements. Microvision`s use of bright, power-efficient laser light sources makes a key difference in this application."
"This next phase of development is an important next step in this developing partnership," Hannigan added. "Both companies are committed to moving quickly to capitalize on the strength of our partnership to deliver what we feel will be the bench mark for information displays in tomorrow`s automobiles. We hope to demonstrate some of the fruits of our labor before too long."
----------------------
Microvision Continues Work on Next-Generation Automotive Displays with European Auto Maker
BOTHELL, Wash., May 1, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS), the leader in light-scanning technologies, today announced that, following the recent delivery of prototype systems to a leading European automobile manufacturer, it has been awarded a new contract to continue development of next-generation automotive display products based on Microvision`s proprietary light-scanning technology.
The companies have indicated that the focus of their development work will support Microvision`s initiative to bring to market innovative concepts for in-vehicle displays that can provide benefits ranging from increased safety and improved fuel efficiency to information and entertainment. However, details concerning specific products to be developed were not released.
Microvision`s unique light-scanning display is based on proprietary technology that creates a high-resolution computer image by precisely scanning a single beam of laser light at very high speed.
The company says its displays promise to deliver extremely bright, high-quality images to solve the challenge of delivering information to drivers and passengers in future automobiles where display size, power and cost are key factors.
Small front- or rear-projection devices can be used to present information to drivers in selected locations such as rear-view mirrors, windshields or instrument clusters to support a full range of automotive information applications, including emerging "telematics" applications like GPS navigation, traffic advisories and internet-based information and entertainment services.
"The interior of an automobile is a challenging environment that leads to a demanding set of specifications for displays," said Russell Hannigan, Microvision`s Director of Business Development for advanced products. "Our technology is a perfect fit because automotive displays need to deliver very bright images in small, affordable packages that have a long lifetime and do not generate heat. Current display technologies that use expensive projection lamps aren`t able to achieve most of these requirements. Microvision`s use of bright, power-efficient laser light sources makes a key difference in this application."
"This next phase of development is an important next step in this developing partnership," Hannigan added. "Both companies are committed to moving quickly to capitalize on the strength of our partnership to deliver what we feel will be the bench mark for information displays in tomorrow`s automobiles. We hope to demonstrate some of the fruits of our labor before too long."
Neues von Lumera
Lumera and University of Washington Report Breakthrough Results in Electro-Optic Materials; UW is Named as Photonics Center for National Science Foundation
BOTHELL, Wash., May 2, 2002 (BUSINESS WIRE) -- Lumera Corporation, a leader in electro-optic polymer materials and a subsidiary of Microvision, Inc. (Nasdaq:MVIS) reported today that, in collaboration with its research partners at the University of Washington, it has demonstrated new materials that exhibit unprecedented levels of electro-optic activity.
The company says it is using the materials for the creation of optical components that will feature major improvements in drive voltage, optical loss and device size over devices produced today from crystalline materials such as Lithium Niobate. Such improvements provide key advantages in the design of optical transmission systems.
Lithium Niobate has properties that allow it to manipulate light passing through it by applying a voltage to a waveguide structure in the crystal, making it useful for controlling an optical beam with an electronic signal, but Lumera`s polymers have recently shown electro-optic activity that is more than twice that of Lithium Niobate. As a result, a lower power electrical signal can be used reducing or eliminating the need for transformers and reducing heat. Smaller size makes the devices easier to package and more suitable for a wider range of applications and reduced optical loss means that less signal conditioning is needed to maintain a high quality optical signal.
But while Lumera is working to build its first active devices from these materials, researchers at the University of Washington, led by Dr. Larry Dalton and Dr. Alex Jen have already reported materials that demonstrate even higher levels of electro-optic activity. According to Lumera CEO Tom Mino, the University`s latest materials, which were developed under a research agreement and exclusive license with Lumera, are achieving levels of electro-optic activity that are an additional 50% higher than those recently demonstrated at Lumera (or three times that of Lithium Niobate).
"These high levels of activity and the degree and rate of improvement are exactly what makes this a disruptive technology," said Mino. "We are going to deliver benefits to customers in multiple dimensions. It`s the sort of quantum improvement that is needed in the industry today. These highly active materials are key objectives for our defense-related efforts as well. Low-loss, high-speed optical modulators are essential to enabling advanced phased-array antenna systems for a variety of guidance, navigation and communication applications. Low drive voltage and low optical loss are also the two key features that make a material suitable for integrating multiple optical components on a chip. I anticipate that when Dr. Dalton and Dr. Jen formally report their results there will be a strong reaction from the technical community on multiple fronts."
In separate news, the University of Washington recently reported that it has been selected by the National Science Foundation (NSF) as the host of one of six new science and technology centers, a designation that would place the university firmly at the leading edge of research to develop groundbreaking information technology in the area of photonics.
The Center for Materials and Devices for Information Technology Research is to be directed by Dr. Dalton and is set to receive up to $16 million in NSF funding in the next five years and could receive more than twice that amount over 10 years.
"The technology under research in this center is revolutionary and it is already affecting thinking at corporations around the world," Dalton said. "I think this is going to create tremendous visibility for the region and for the work that we are doing with Lumera."
"It will be a huge benefit to Lumera to be in the center of this kind of regional critical mass in photonics research," said Mino. "We have contracted for a multiyear program with UW and are experiencing tremendous momentum in our materials research already. We are thrilled for the University and delighted with the prospects for our ongoing collaboration."
Mino indicated that Lumera is expecting to demonstrate its first working modulators very soon. "It`s hard not to feel the excitement," said Mino. "This is truly a platform technology, and modulators for optical transmission systems is only the beginning of the scope of possible applications."
"If we`re right, this is where the future lies," Dalton said. "The technology we are developing should have a significant economic impact on the Seattle area and the nation. It will have impacts on telecommunications, defense, computing, transportation, and personal and home electronics."
---------------
bei der Nachrichtenlage wäre MVIS jetzt bei 200$, wenn man das Jahr 2000 schreiben würde...
Lumera and University of Washington Report Breakthrough Results in Electro-Optic Materials; UW is Named as Photonics Center for National Science Foundation
BOTHELL, Wash., May 2, 2002 (BUSINESS WIRE) -- Lumera Corporation, a leader in electro-optic polymer materials and a subsidiary of Microvision, Inc. (Nasdaq:MVIS) reported today that, in collaboration with its research partners at the University of Washington, it has demonstrated new materials that exhibit unprecedented levels of electro-optic activity.
The company says it is using the materials for the creation of optical components that will feature major improvements in drive voltage, optical loss and device size over devices produced today from crystalline materials such as Lithium Niobate. Such improvements provide key advantages in the design of optical transmission systems.
Lithium Niobate has properties that allow it to manipulate light passing through it by applying a voltage to a waveguide structure in the crystal, making it useful for controlling an optical beam with an electronic signal, but Lumera`s polymers have recently shown electro-optic activity that is more than twice that of Lithium Niobate. As a result, a lower power electrical signal can be used reducing or eliminating the need for transformers and reducing heat. Smaller size makes the devices easier to package and more suitable for a wider range of applications and reduced optical loss means that less signal conditioning is needed to maintain a high quality optical signal.
But while Lumera is working to build its first active devices from these materials, researchers at the University of Washington, led by Dr. Larry Dalton and Dr. Alex Jen have already reported materials that demonstrate even higher levels of electro-optic activity. According to Lumera CEO Tom Mino, the University`s latest materials, which were developed under a research agreement and exclusive license with Lumera, are achieving levels of electro-optic activity that are an additional 50% higher than those recently demonstrated at Lumera (or three times that of Lithium Niobate).
"These high levels of activity and the degree and rate of improvement are exactly what makes this a disruptive technology," said Mino. "We are going to deliver benefits to customers in multiple dimensions. It`s the sort of quantum improvement that is needed in the industry today. These highly active materials are key objectives for our defense-related efforts as well. Low-loss, high-speed optical modulators are essential to enabling advanced phased-array antenna systems for a variety of guidance, navigation and communication applications. Low drive voltage and low optical loss are also the two key features that make a material suitable for integrating multiple optical components on a chip. I anticipate that when Dr. Dalton and Dr. Jen formally report their results there will be a strong reaction from the technical community on multiple fronts."
In separate news, the University of Washington recently reported that it has been selected by the National Science Foundation (NSF) as the host of one of six new science and technology centers, a designation that would place the university firmly at the leading edge of research to develop groundbreaking information technology in the area of photonics.
The Center for Materials and Devices for Information Technology Research is to be directed by Dr. Dalton and is set to receive up to $16 million in NSF funding in the next five years and could receive more than twice that amount over 10 years.
"The technology under research in this center is revolutionary and it is already affecting thinking at corporations around the world," Dalton said. "I think this is going to create tremendous visibility for the region and for the work that we are doing with Lumera."
"It will be a huge benefit to Lumera to be in the center of this kind of regional critical mass in photonics research," said Mino. "We have contracted for a multiyear program with UW and are experiencing tremendous momentum in our materials research already. We are thrilled for the University and delighted with the prospects for our ongoing collaboration."
Mino indicated that Lumera is expecting to demonstrate its first working modulators very soon. "It`s hard not to feel the excitement," said Mino. "This is truly a platform technology, and modulators for optical transmission systems is only the beginning of the scope of possible applications."
"If we`re right, this is where the future lies," Dalton said. "The technology we are developing should have a significant economic impact on the Seattle area and the nation. It will have impacts on telecommunications, defense, computing, transportation, and personal and home electronics."
---------------
bei der Nachrichtenlage wäre MVIS jetzt bei 200$, wenn man das Jahr 2000 schreiben würde...
Microvision CEO to speak at CIBC`s Annual Electronics
Conference
BOTHELL, Wash., May 6, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS), the
leader in light scanning technologies, today announced that its president and CEO,
Rick Rutkowski, will present at the CIBC Annual Electronics Conference on May 15
at the New York Palace Hotel.
Following the presentation, the company will hold demonstrations of its Nomad(TM)
Personal Display System, Flic Personal Scanner and miniature microdisplay prototype.
Hosted by CIBC World Markets, the Annual Electronics Conference brings together
companies that are leading the development of new electronics technologies for
communicating, storing processing and displaying information. Currently 85
companies are expected to present.
Microvision will provide a live webcast of its presentation on May 15 at 10:50 a.m.
ET. To listen to the webcast, visit the company`s web site at
www.microvision.com. Additional information on the conference can be found at
www.cibcwm.com.
Conference
BOTHELL, Wash., May 6, 2002 (BUSINESS WIRE) -- Microvision (Nasdaq:MVIS), the
leader in light scanning technologies, today announced that its president and CEO,
Rick Rutkowski, will present at the CIBC Annual Electronics Conference on May 15
at the New York Palace Hotel.
Following the presentation, the company will hold demonstrations of its Nomad(TM)
Personal Display System, Flic Personal Scanner and miniature microdisplay prototype.
Hosted by CIBC World Markets, the Annual Electronics Conference brings together
companies that are leading the development of new electronics technologies for
communicating, storing processing and displaying information. Currently 85
companies are expected to present.
Microvision will provide a live webcast of its presentation on May 15 at 10:50 a.m.
ET. To listen to the webcast, visit the company`s web site at
www.microvision.com. Additional information on the conference can be found at
www.cibcwm.com.
Microvision and Robotic Vision Systems Team to Market Mobile Biometric Information System
BOTHELL, Wash. & CANTON, Mass.--(BUSINESS WIRE)--May 7, 2002-- Microvision, Inc. (Nasdaq:MVIS), the leader in light-scanning technologies, and Robotic Vision Systems, Inc. (RVSI) (Nasdaq:ROBV), the leader in machine vision and Data Matrix reading technologies, today agreed to co-market a mobile biometric identification system that offers unparalleled security features.
The two companies will jointly market a system-level solution incorporating Microvision`s Nomad(TM) Personal Display System and RVSI`s ID Trace biometric authentication technology to the U.S. Government for homeland defense as well as to other organizations for a variety of commercial security applications. The system addresses the heightened requirement for means to authenticate identities and to control access within buildings, naval vessels, military bases, and other installations. The combined capabilities of the Microvision and RVSI solution will provide users with a wearable display ID system to instantly verify the identity of an individual without losing visual contact with the person.
Microvision`s Nomad Personal Display has the capability to be fully readable in any kind of brightly lit environment, increasing the marketability of the identification tool for outdoor applications. RVSI`s ID Trace incorporates Data Matrix two-dimensional bar code technology to imbed a wide variety of biometric data into a compact space. Information stored in the tamper-resistant Data Matrix can be encrypted or changed frequently for even higher levels of security.
"We are pleased to team with RVSI and offer customers the benefits of our collective technologies," said Andrew Lee, Microvision vice president of sales. "The net result will extend the precision of biometric based identity checks to outdoor or brightly lit ambient environments by using Nomad with ID Trace."
The benefits of the integrated system include faster security screening in fixed locations and the capability to stage mobile security checkpoints at vital installations.
BOTHELL, Wash. & CANTON, Mass.--(BUSINESS WIRE)--May 7, 2002-- Microvision, Inc. (Nasdaq:MVIS), the leader in light-scanning technologies, and Robotic Vision Systems, Inc. (RVSI) (Nasdaq:ROBV), the leader in machine vision and Data Matrix reading technologies, today agreed to co-market a mobile biometric identification system that offers unparalleled security features.
The two companies will jointly market a system-level solution incorporating Microvision`s Nomad(TM) Personal Display System and RVSI`s ID Trace biometric authentication technology to the U.S. Government for homeland defense as well as to other organizations for a variety of commercial security applications. The system addresses the heightened requirement for means to authenticate identities and to control access within buildings, naval vessels, military bases, and other installations. The combined capabilities of the Microvision and RVSI solution will provide users with a wearable display ID system to instantly verify the identity of an individual without losing visual contact with the person.
Microvision`s Nomad Personal Display has the capability to be fully readable in any kind of brightly lit environment, increasing the marketability of the identification tool for outdoor applications. RVSI`s ID Trace incorporates Data Matrix two-dimensional bar code technology to imbed a wide variety of biometric data into a compact space. Information stored in the tamper-resistant Data Matrix can be encrypted or changed frequently for even higher levels of security.
"We are pleased to team with RVSI and offer customers the benefits of our collective technologies," said Andrew Lee, Microvision vice president of sales. "The net result will extend the precision of biometric based identity checks to outdoor or brightly lit ambient environments by using Nomad with ID Trace."
The benefits of the integrated system include faster security screening in fixed locations and the capability to stage mobile security checkpoints at vital installations.
Bei allen VARs: wenn man 13 NOMADS in einem Quartal verkauft und ein Ziel von 1000 ausgibt wirkt das schön lächerlich...
Abgestraft werden sie dafür zurecht! Zeit zum akkumulieren oder einsteigen wird man noch länger bekommen, aVn so lange bis man ein vollständig funktionstüchtiges, alltagstaugliches Minidisplay präsentieren kann.
Die interne MVIS-Entwicklung ist in der Tat nicht schlecht, nur werden überzogene Vorschlußlorbeeren an der Börse seit langem nicht mehr verteilt!
Shortinterest steigt nach wie vor kontinuierlich an, kurz- bis mittelfristig wird deren Strategie auch aufgehen. Kapitalmaßnahmen, die anstehen müssen, werden unter diesem Gesichtspunkt natürlich deutlich schwieriger...
evtl ist bei 9$ halt, wenn nicht gibt es einen Absturz auf 5$... wären dann sehr gesunde Einstiegsmöglichkeiten...
Abgestraft werden sie dafür zurecht! Zeit zum akkumulieren oder einsteigen wird man noch länger bekommen, aVn so lange bis man ein vollständig funktionstüchtiges, alltagstaugliches Minidisplay präsentieren kann.
Die interne MVIS-Entwicklung ist in der Tat nicht schlecht, nur werden überzogene Vorschlußlorbeeren an der Börse seit langem nicht mehr verteilt!
Shortinterest steigt nach wie vor kontinuierlich an, kurz- bis mittelfristig wird deren Strategie auch aufgehen. Kapitalmaßnahmen, die anstehen müssen, werden unter diesem Gesichtspunkt natürlich deutlich schwieriger...
evtl ist bei 9$ halt, wenn nicht gibt es einen Absturz auf 5$... wären dann sehr gesunde Einstiegsmöglichkeiten...
Mir persönlich scheint, dass MVIS einer geballten short-Attacke ausgesetzt ist. Käufer großen Stils kann es derzeit für die Aktie nicht geben, weil
a) die sog. "Visionäre" alle schon seit längerem dick investiert sind
b) die Aktie wegen Punkt a) nicht auf einem Schnäppchenniveau ist
c) "normale" Käufer erst aufspringen werden, wenn sinnvolle Produkte - sprich Minidisplay in Camcorder, handys oder sonstwo - in Serienproduktion gehen.
Ein sehr gefährliches und großes Problem sehe ich darin, dass man noch lange brauchen wird um mit Massenproduktion aufzuwarten. In der Autoindustrie hat man lediglich research contracts, ich kann mir kaum vorstellen dass BMW in 2004er Modellen schon MVIS-integrierte displays anbieten wird, aktuell haben sie andere displays auf dem Markt (siehe Autoshow). Klartext: Automarkt frühestens 2006 / 07...
Mit NOMAD wird man - soviel dürfte bei nüchterner Betrachtungsweis - nicht viel zu holen sein, zu teuer im Vergleich zum Nutzen!
Also: man wird nach wie vor auf Kapitalmaßnahmen angewiesen sein, und diese werden, wenn man seitens shorts attakiert wird, extrem schwierig! Man sieht, dass MVIS über eine gute PR verfügt, aber die Zeiten, damit Kurse nachhaltig zu steigern, sind vorbei! Kosten zu drücken dürfte nicht machbar sein, da sonst hochqualifiziertes Personal (sind nunmal teuer) abwandert, hätte fatale Folgen.
Interessant aber, dass Institutuionelle MVIS weiter aufstocken, ferner keine Insidersells größeren Stils vorhanden sind. Spannende Angelegenheit... vielleicht bald 5$.
M_3
a) die sog. "Visionäre" alle schon seit längerem dick investiert sind
b) die Aktie wegen Punkt a) nicht auf einem Schnäppchenniveau ist
c) "normale" Käufer erst aufspringen werden, wenn sinnvolle Produkte - sprich Minidisplay in Camcorder, handys oder sonstwo - in Serienproduktion gehen.
Ein sehr gefährliches und großes Problem sehe ich darin, dass man noch lange brauchen wird um mit Massenproduktion aufzuwarten. In der Autoindustrie hat man lediglich research contracts, ich kann mir kaum vorstellen dass BMW in 2004er Modellen schon MVIS-integrierte displays anbieten wird, aktuell haben sie andere displays auf dem Markt (siehe Autoshow). Klartext: Automarkt frühestens 2006 / 07...
Mit NOMAD wird man - soviel dürfte bei nüchterner Betrachtungsweis - nicht viel zu holen sein, zu teuer im Vergleich zum Nutzen!
Also: man wird nach wie vor auf Kapitalmaßnahmen angewiesen sein, und diese werden, wenn man seitens shorts attakiert wird, extrem schwierig! Man sieht, dass MVIS über eine gute PR verfügt, aber die Zeiten, damit Kurse nachhaltig zu steigern, sind vorbei! Kosten zu drücken dürfte nicht machbar sein, da sonst hochqualifiziertes Personal (sind nunmal teuer) abwandert, hätte fatale Folgen.
Interessant aber, dass Institutuionelle MVIS weiter aufstocken, ferner keine Insidersells größeren Stils vorhanden sind. Spannende Angelegenheit... vielleicht bald 5$.
M_3
Man geht bei MVIS nach wie vor von einem Umsatz von 24 - 27 Mio US$ aus für FY 2002, wovon ca 40 bis 50 % aus NOMAD & Flic bestehen sollen... NOMAD 2/3, Flic 1/3...
eine weitere Finanzierung auf diesem Level natürlich nicht geplant...
we will see...
eine weitere Finanzierung auf diesem Level natürlich nicht geplant...
we will see...
Microvision Awarded Additional $3.3 Million From U.S. Army; Company Readies Virtual Cockpit Helmet-Mounted Display to Meet Airworthiness Requirements
BOTHELL, Wash., May 28, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS) today announced that it has received a contract modification for an additional $3.3 million from the U.S. Army Aircrew Integrated Systems Product Office awarded through the Aviation Applied Technology Directorate (AATD).
Microvision will expand their work on the Virtual Cockpit Optimization Program (VCOP) for use in attack and utility helicopters. The contract modification brings the total amount of the contract to $20.3 million.
Microvision will improve and reduce the overall system design, the helmet`s electronics, optics and scanning features to increase overall system efficiency and performance. Microvision will also initiate the final phases of militarization and ruggedization to enable a flight capable system that meets airworthiness requirements specified by the AATD. A flight test is anticipated following the completion of this development phase.
Microvision envisions that the virtual cockpit concept and its variations could be utilized in helicopters that are in the design stage, and in a variety of other military and commercial aircraft and even in ground vehicles. The contract indicates that the potential requirement for the VCOP system is an estimated average yearly procurement quantity of 500 systems per year and an estimated total quantity of 3,000, with an average system selling price objective not to exceed $750,000.
VCOP is a concept of how a virtual cockpit would function, including a "what you see depends on where you look" concept that can be achieved with Microvision`s advanced display technology. As the pilot looks up and out of the cockpit, various types of full-color targeting, navigational or terrain overlays appear on his helmet display. When pilots look into the cockpit, they may see "virtual" instruments projected onto the eye that literally replace many of the existing dials and multifunction displays that are in cockpits today.
The VCOP program offers the Army both technical and cost advantages, noted Rob Sainsbury, director of government business development for Microvision. "Existing instruments can be cumbersome and hard to maintain, and, as new capabilities arise, upgrading this hardware without replacing or re-wiring everything is an expensive procedure," he said. "A virtual cockpit, however, is small, lightweight and can be readily upgraded just by changing the software. We`ve seen estimates that upgrading a VCOP system might be only one fifth of the cost of upgrading all the integrated software and supporting elements in an existing helicopter`s avionics suite."
Microvision chief operating officer, Bill Sydnes stated, "Once again we`re honored that the Army continues to support the development of Microvision`s very powerful display technology. The Army has set stringent performance expectations for its next generation of rotorcraft; performance standards unattained prior to our display. Our display underscores that Microvision is in a unique position to deliver a high performance yet cost-effective system solution that exceeds the Army`s demanding requirements. We are eager to continue under contract to further develop, integrate, and test the VCOP system to ensure that the resulting commercial design is producible and supportable."
-----------------
es gibt sehr großes Interesse an retinal scanning display... Militär hat Geld und zahlt...
verdammt geil ist die Passage:
"VCOP is a concept of how a virtual cockpit would function, including a "what you see depends on where you look" concept that can be achieved with Microvision`s advanced display technology. As the pilot looks up and out of the cockpit, various types of full-color targeting, navigational or terrain overlays appear on his helmet display. When pilots look into the cockpit, they may see "virtual" instruments projected onto the eye that literally replace many of the existing dials and multifunction displays that are in cockpits today."
StarWars wirkt da schon antiquitiert...
BOTHELL, Wash., May 28, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS) today announced that it has received a contract modification for an additional $3.3 million from the U.S. Army Aircrew Integrated Systems Product Office awarded through the Aviation Applied Technology Directorate (AATD).
Microvision will expand their work on the Virtual Cockpit Optimization Program (VCOP) for use in attack and utility helicopters. The contract modification brings the total amount of the contract to $20.3 million.
Microvision will improve and reduce the overall system design, the helmet`s electronics, optics and scanning features to increase overall system efficiency and performance. Microvision will also initiate the final phases of militarization and ruggedization to enable a flight capable system that meets airworthiness requirements specified by the AATD. A flight test is anticipated following the completion of this development phase.
Microvision envisions that the virtual cockpit concept and its variations could be utilized in helicopters that are in the design stage, and in a variety of other military and commercial aircraft and even in ground vehicles. The contract indicates that the potential requirement for the VCOP system is an estimated average yearly procurement quantity of 500 systems per year and an estimated total quantity of 3,000, with an average system selling price objective not to exceed $750,000.
VCOP is a concept of how a virtual cockpit would function, including a "what you see depends on where you look" concept that can be achieved with Microvision`s advanced display technology. As the pilot looks up and out of the cockpit, various types of full-color targeting, navigational or terrain overlays appear on his helmet display. When pilots look into the cockpit, they may see "virtual" instruments projected onto the eye that literally replace many of the existing dials and multifunction displays that are in cockpits today.
The VCOP program offers the Army both technical and cost advantages, noted Rob Sainsbury, director of government business development for Microvision. "Existing instruments can be cumbersome and hard to maintain, and, as new capabilities arise, upgrading this hardware without replacing or re-wiring everything is an expensive procedure," he said. "A virtual cockpit, however, is small, lightweight and can be readily upgraded just by changing the software. We`ve seen estimates that upgrading a VCOP system might be only one fifth of the cost of upgrading all the integrated software and supporting elements in an existing helicopter`s avionics suite."
Microvision chief operating officer, Bill Sydnes stated, "Once again we`re honored that the Army continues to support the development of Microvision`s very powerful display technology. The Army has set stringent performance expectations for its next generation of rotorcraft; performance standards unattained prior to our display. Our display underscores that Microvision is in a unique position to deliver a high performance yet cost-effective system solution that exceeds the Army`s demanding requirements. We are eager to continue under contract to further develop, integrate, and test the VCOP system to ensure that the resulting commercial design is producible and supportable."
-----------------
es gibt sehr großes Interesse an retinal scanning display... Militär hat Geld und zahlt...
verdammt geil ist die Passage:
"VCOP is a concept of how a virtual cockpit would function, including a "what you see depends on where you look" concept that can be achieved with Microvision`s advanced display technology. As the pilot looks up and out of the cockpit, various types of full-color targeting, navigational or terrain overlays appear on his helmet display. When pilots look into the cockpit, they may see "virtual" instruments projected onto the eye that literally replace many of the existing dials and multifunction displays that are in cockpits today."
StarWars wirkt da schon antiquitiert...
Institutional
Total Number of Holders 54 Total Shares Held 2,861,719
% of Shares Outstanding 21.15% Total Value of Holdings $24,321,750
Number of Buys 25 Number of Shares Bought 348,227
Number of Sells 14 Number of Shares Sold 360,831
Number with Activity 39 Net Activity (12,604)
Total Activity 709,058
Number of New Buyers 6 Number of Shares Newly Acquired 127,890
Number of Closed Out Positions 7 Number of Shares Closed Out 329,098
gefällt nicht...
http://www.nasdaq.com/asp/holdings.asp?symbol=MVIS`&selected…
Total Number of Holders 54 Total Shares Held 2,861,719
% of Shares Outstanding 21.15% Total Value of Holdings $24,321,750
Number of Buys 25 Number of Shares Bought 348,227
Number of Sells 14 Number of Shares Sold 360,831
Number with Activity 39 Net Activity (12,604)
Total Activity 709,058
Number of New Buyers 6 Number of Shares Newly Acquired 127,890
Number of Closed Out Positions 7 Number of Shares Closed Out 329,098
gefällt nicht...
http://www.nasdaq.com/asp/holdings.asp?symbol=MVIS`&selected…
Hi Michael,
Du bist ja eine echte Kämpfernatur, seit 2000 dabei. Alle Achtung.
Werde mir den Wert mal auf die Watchlist setzen. Technik klingt ganz lustig, scheint aber noch sehr teuer für eine breitere Marktanwendung. Gibt es außer dem Militär denn überhaupt noch andere Abnehmer ?
Mach mal weiter so, schaue ab und zu mal vorbei.
mrasta
Du bist ja eine echte Kämpfernatur, seit 2000 dabei. Alle Achtung.
Werde mir den Wert mal auf die Watchlist setzen. Technik klingt ganz lustig, scheint aber noch sehr teuer für eine breitere Marktanwendung. Gibt es außer dem Militär denn überhaupt noch andere Abnehmer ?
Mach mal weiter so, schaue ab und zu mal vorbei.
mrasta
breite Marktanwendung frühestens ab 2005...
R&D zahlt weitgehend das Militär...
Einsatzmöglichkeiten unbegrenzt...
u.a. testen Ford, BMW die Technik...
und eine große asiatische Firma will sie evtl auch...
Microvision Signs Co-Marketing Agreement with ViTel Net for Nomad Personal Display
American Telemedicine Association Meeting
BOTHELL, Wash.--(BUSINESS WIRE)--June 3, 2002--
Companies exhibit at American Telemedicine Association Meeting
thru June 5 in Los Angeles
Microvision, Inc., (Nasdaq:MVIS), announced today that ViTel Net(TM) (http://www.vitelnet.com), a leading developer of telemedicine solutions has agreed to be a co-marketing partner and value added reseller for the Nomad Personal Display System.(TM)
The two companies will collaborate on solutions that combine ViTel Net `s Total Enterprise Telemedicine (wireless hospital information systems) Solutions with Microvision`s Nomad Personal Display System. They will demonstrate examples to prospective customers at the American Telemedicine Association`s Seventh Annual Meeting thru June 5, 2002 at the Los Angeles Convention Center. Microvision estimates a potential available opportunity of 300,000 key hospital workers in the U.S. alone that would benefit from the combined Nomad/ViTel Net offering.
Founded in 1989, ViTel Net(TM) offers a full spectrum of scalable, customizable and Internet enabled telemedicine solutions, based on its MedVizer(TM) software application. MedVizer is a robust, open-architecture, cross-platform, windows operating system software environment that allows secured information sharing in a wide-array of settings. Scalable hardware and software configurations are easily customized to meet specific clinical needs. ViTel Net`s telemedicine solutions are compatible with standard telecommunication protocols (wireless, POTS, ISDN, T-1, satellite, etc.), are medical device neutral and integrate with most legacy information systems.
Both Microvision and ViTelNet have contracts with the U.S. Army`s Wireless Medical Enterprise Program`s Telemedicine and Advanced Technology Research Center (TATRC) for the initial phase in the development of a mobile wireless system for medical applications. Microvision recently announced a $3.3 million development contract from TATRC for the development of a new personal display to enable military surgical personnel and medics to access, read, and transmit critical medical data via a head-worn display, wearable computer, and wireless network.
"This co-marketing partnership gives Microvision access to the growing telemedicine market with our Nomad system." said David Ormerod, Microvision`s medical segment manager. "As part of our on-going strategy to develop a successful distribution channel and add partners with keen insight to diverse markets, we believe the Nomad System will excel in hospital environments where a physician needs continuous access to information in a hands-free and see-through mode, including patient monitored information and diagnostic images." Microvision has announced the signing of fifteen channel partners in the past ninety days.
Based on Microvision`s patented retinal scanning technology, the recently introduced Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or "head-up" mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move.
--------------------
Microvision, Inc. to Present At RedChip Partners Investor Conference in Seattle - June 12; Marc Robins, Founder of RedChip Review, to Speak
RedChip Investor Conference
BOTHELL, Wash.--(BUSINESS WIRE)--June 3, 2002--Microvision, Inc. (Nasdaq:MVIS), a developer of the proprietary retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications, will present at the RedChip(TM) Investor Conference in Seattle on Wednesday, June 12, 2002. The presentation will include a brief review of the company`s past performance and a major emphasis on its future growth prospects.
The conference, which will be held at WestCoast Grand Hotel, begins with on-site registration at 8 a.m. Corporate presentations are scheduled from 9 a.m. to 4:30 p.m. A schedule of corporate presentation times will be available on www.redchip.com before the conference.
Marc Robins, CFA, founder and editor in chief of RedChip Review(TM), is the keynote luncheon speaker. Robins writes Forbes` "Small Stocks" column, has been featured frequently in the financial press and broadcast interviews, and is a well-known advocate of undervalued small-cap companies.
There is no charge for interested investors to attend the daylong event or to listen to a live webcast, but advance registration is required at www.redchip.com or by calling 1-800-REDCHIP (1-800-733-2447).
The conference will be webcast by CCBN and can be accessed at www.redchip.com beginning at 9 a.m. Eastern time on June 12 and will be archived for 60 days on the site. Individual investors can also listen to company presentations through CCBN`s individual investor center at www.companyboardroom.com. Institutional investors can access the conference via CCBN`s password-protected event management site, StreetEvents (www.streetevents.com).
ABOUT REDCHIP(TM)
RedChip Companies, LLC is a well-established source of independent research and information on the small-cap market. Dedicated to "discovering tomorrow`s blue chips today(TM)," its analysts seek out emerging growth companies and undiscovered small-cap values before they show up on Wall Street`s radar screen. Through RedChip Review(TM), the company`s flagship publication, analysts provide a unique breadth of coverage and depth of research on relatively unknown small-cap companies. RedChip Partners(TM) provides small-cap companies with access to professional and individual small-cap investors by holding conferences throughout the United States and producing online corporate visibility programs. RedChip Review(TM) was launched in 1993 by Marcus W. Robins, CFA. The company`s research, publishing and corporate awareness businesses are based in Portland, Ore.
R&D zahlt weitgehend das Militär...
Einsatzmöglichkeiten unbegrenzt...
u.a. testen Ford, BMW die Technik...
und eine große asiatische Firma will sie evtl auch...
Microvision Signs Co-Marketing Agreement with ViTel Net for Nomad Personal Display
American Telemedicine Association Meeting
BOTHELL, Wash.--(BUSINESS WIRE)--June 3, 2002--
Companies exhibit at American Telemedicine Association Meeting
thru June 5 in Los Angeles
Microvision, Inc., (Nasdaq:MVIS), announced today that ViTel Net(TM) (http://www.vitelnet.com), a leading developer of telemedicine solutions has agreed to be a co-marketing partner and value added reseller for the Nomad Personal Display System.(TM)
The two companies will collaborate on solutions that combine ViTel Net `s Total Enterprise Telemedicine (wireless hospital information systems) Solutions with Microvision`s Nomad Personal Display System. They will demonstrate examples to prospective customers at the American Telemedicine Association`s Seventh Annual Meeting thru June 5, 2002 at the Los Angeles Convention Center. Microvision estimates a potential available opportunity of 300,000 key hospital workers in the U.S. alone that would benefit from the combined Nomad/ViTel Net offering.
Founded in 1989, ViTel Net(TM) offers a full spectrum of scalable, customizable and Internet enabled telemedicine solutions, based on its MedVizer(TM) software application. MedVizer is a robust, open-architecture, cross-platform, windows operating system software environment that allows secured information sharing in a wide-array of settings. Scalable hardware and software configurations are easily customized to meet specific clinical needs. ViTel Net`s telemedicine solutions are compatible with standard telecommunication protocols (wireless, POTS, ISDN, T-1, satellite, etc.), are medical device neutral and integrate with most legacy information systems.
Both Microvision and ViTelNet have contracts with the U.S. Army`s Wireless Medical Enterprise Program`s Telemedicine and Advanced Technology Research Center (TATRC) for the initial phase in the development of a mobile wireless system for medical applications. Microvision recently announced a $3.3 million development contract from TATRC for the development of a new personal display to enable military surgical personnel and medics to access, read, and transmit critical medical data via a head-worn display, wearable computer, and wireless network.
"This co-marketing partnership gives Microvision access to the growing telemedicine market with our Nomad system." said David Ormerod, Microvision`s medical segment manager. "As part of our on-going strategy to develop a successful distribution channel and add partners with keen insight to diverse markets, we believe the Nomad System will excel in hospital environments where a physician needs continuous access to information in a hands-free and see-through mode, including patient monitored information and diagnostic images." Microvision has announced the signing of fifteen channel partners in the past ninety days.
Based on Microvision`s patented retinal scanning technology, the recently introduced Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or "head-up" mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad immediately compatible with a broad range of existing applications and content.
By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move.
--------------------
Microvision, Inc. to Present At RedChip Partners Investor Conference in Seattle - June 12; Marc Robins, Founder of RedChip Review, to Speak
RedChip Investor Conference
BOTHELL, Wash.--(BUSINESS WIRE)--June 3, 2002--Microvision, Inc. (Nasdaq:MVIS), a developer of the proprietary retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications, will present at the RedChip(TM) Investor Conference in Seattle on Wednesday, June 12, 2002. The presentation will include a brief review of the company`s past performance and a major emphasis on its future growth prospects.
The conference, which will be held at WestCoast Grand Hotel, begins with on-site registration at 8 a.m. Corporate presentations are scheduled from 9 a.m. to 4:30 p.m. A schedule of corporate presentation times will be available on www.redchip.com before the conference.
Marc Robins, CFA, founder and editor in chief of RedChip Review(TM), is the keynote luncheon speaker. Robins writes Forbes` "Small Stocks" column, has been featured frequently in the financial press and broadcast interviews, and is a well-known advocate of undervalued small-cap companies.
There is no charge for interested investors to attend the daylong event or to listen to a live webcast, but advance registration is required at www.redchip.com or by calling 1-800-REDCHIP (1-800-733-2447).
The conference will be webcast by CCBN and can be accessed at www.redchip.com beginning at 9 a.m. Eastern time on June 12 and will be archived for 60 days on the site. Individual investors can also listen to company presentations through CCBN`s individual investor center at www.companyboardroom.com. Institutional investors can access the conference via CCBN`s password-protected event management site, StreetEvents (www.streetevents.com).
ABOUT REDCHIP(TM)
RedChip Companies, LLC is a well-established source of independent research and information on the small-cap market. Dedicated to "discovering tomorrow`s blue chips today(TM)," its analysts seek out emerging growth companies and undiscovered small-cap values before they show up on Wall Street`s radar screen. Through RedChip Review(TM), the company`s flagship publication, analysts provide a unique breadth of coverage and depth of research on relatively unknown small-cap companies. RedChip Partners(TM) provides small-cap companies with access to professional and individual small-cap investors by holding conferences throughout the United States and producing online corporate visibility programs. RedChip Review(TM) was launched in 1993 by Marcus W. Robins, CFA. The company`s research, publishing and corporate awareness businesses are based in Portland, Ore.
Trotzdem will sie offenbar niemand haben....
geht runter bis auf 5$...
sehr hohe Umsätze...
habe diese Möglichkeit schon vor etwa 6 Wochen ausgesprochen...
obligatorischer Insiderbuy die letzte Woche vom Vizepräsidenten getätigt...
spekulativ kann man sich für 5$ welche ins Depot legen...
wäre dann das ATL...
mit einer großen Chance auf schnelle 100%...
weil breite Unterstützung...
und großes Eindecken der shorts ansteht...
sehr hohe Umsätze...
habe diese Möglichkeit schon vor etwa 6 Wochen ausgesprochen...
obligatorischer Insiderbuy die letzte Woche vom Vizepräsidenten getätigt...
spekulativ kann man sich für 5$ welche ins Depot legen...
wäre dann das ATL...
mit einer großen Chance auf schnelle 100%...
weil breite Unterstützung...
und großes Eindecken der shorts ansteht...
ein sehr großes Problem wird die nächste Finanzierungsrunde...
die in den nächsten 6 Monaten anstehen muß und wird...
und für böse Dilution sorgen wird...
und es somit für shorts sehr leicht wird...
ihre großen Positionen glatt zu stellen...
die fundamentals sind alle gleich geblieben...
forecast / timetable bisher noch nicht offiziell revidiert...
vielleicht wissen einige aber auch mehr...
die in den nächsten 6 Monaten anstehen muß und wird...
und für böse Dilution sorgen wird...
und es somit für shorts sehr leicht wird...
ihre großen Positionen glatt zu stellen...
die fundamentals sind alle gleich geblieben...
forecast / timetable bisher noch nicht offiziell revidiert...
vielleicht wissen einige aber auch mehr...
Nomad Personal Display System Wins
Greatest Potential to Change How People Work
Business Editors
BOTHELL, Wash.--(BUSINESS WIRE)--June 4, 2002--Microvision, Inc. (Nasdaq:MVIS)
today announced that the Nomad(TM) Personal Display System received the
Eureka Award from Sensors Magazine at the recent Sensors Expo & Conference,
the sensor industry`s leading trade show and conference.
Eureka Awards are given for products that the editors of Sensors Magazine find met
the criteria of timeliness & availability; distinctive from other items already on the
market; potential to change the way people work; and delivery of applications that
meet a real need.
Sensors Magazine is distributed monthly to 75,000 buyers, specifiers and
recommenders of sensors and sensors-related products, focusing on the use of
sensing devices to increase efficiency, economy and productivity in applications
ranging from manufacturing to process control, from aerospace to consumer
products.
Microvision showcased the effectiveness of "Sensor Vision" on such applications as
process control, predictive maintenance and security/surveillance. The company
demonstrated infrared images from a helmet-mounted camera superimposed over
the same view of the real world in the Nomad system, also mounted on the
helmet.
"We`re proud to receive this award for the Nomad system as a product judged to
have the potential to change the way people work," said Bruce Ridley, industrial
marketing manager for Microvision. "It`s the whole intent of providing a see-through
display that lets workers experience data head-up, and hands free with full
situational awareness."
Based on Microvision`s patented retinal scanning technology, the Nomad system is a
high-resolution head-worn display that presents images and information to the user
in a see-through or "head-up" mode. This unique personal display enables head-up,
hands-free access to information such as diagrams, instrumentation, maintenance
records, moving maps and interactive training manuals. The Nomad system features
full daylight-readability, allowing users to view high contrast images in even the
most challenging ambient lighting conditions. High quality, Super VGA resolution
makes the Nomad immediately compatible with a broad range of existing
applications and content.
By enabling users to merge selected electronic images into their natural field of
vision, the Nomad system can bring critical information to the point of task. From
flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad
system can deliver major improvements in productivity, quality and safety for
virtually any type of manual task. The company is targeting applications for workers
in four vertical markets - industrial, aerospace, medical, and military - that enable
customers to keep information in front of people engaged in manual tasks or on
the move. The Nomad system retails for approximately $12,000 and is distributed
through a variety of value added resellers.
Greatest Potential to Change How People Work
Business Editors
BOTHELL, Wash.--(BUSINESS WIRE)--June 4, 2002--Microvision, Inc. (Nasdaq:MVIS)
today announced that the Nomad(TM) Personal Display System received the
Eureka Award from Sensors Magazine at the recent Sensors Expo & Conference,
the sensor industry`s leading trade show and conference.
Eureka Awards are given for products that the editors of Sensors Magazine find met
the criteria of timeliness & availability; distinctive from other items already on the
market; potential to change the way people work; and delivery of applications that
meet a real need.
Sensors Magazine is distributed monthly to 75,000 buyers, specifiers and
recommenders of sensors and sensors-related products, focusing on the use of
sensing devices to increase efficiency, economy and productivity in applications
ranging from manufacturing to process control, from aerospace to consumer
products.
Microvision showcased the effectiveness of "Sensor Vision" on such applications as
process control, predictive maintenance and security/surveillance. The company
demonstrated infrared images from a helmet-mounted camera superimposed over
the same view of the real world in the Nomad system, also mounted on the
helmet.
"We`re proud to receive this award for the Nomad system as a product judged to
have the potential to change the way people work," said Bruce Ridley, industrial
marketing manager for Microvision. "It`s the whole intent of providing a see-through
display that lets workers experience data head-up, and hands free with full
situational awareness."
Based on Microvision`s patented retinal scanning technology, the Nomad system is a
high-resolution head-worn display that presents images and information to the user
in a see-through or "head-up" mode. This unique personal display enables head-up,
hands-free access to information such as diagrams, instrumentation, maintenance
records, moving maps and interactive training manuals. The Nomad system features
full daylight-readability, allowing users to view high contrast images in even the
most challenging ambient lighting conditions. High quality, Super VGA resolution
makes the Nomad immediately compatible with a broad range of existing
applications and content.
By enabling users to merge selected electronic images into their natural field of
vision, the Nomad system can bring critical information to the point of task. From
flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad
system can deliver major improvements in productivity, quality and safety for
virtually any type of manual task. The company is targeting applications for workers
in four vertical markets - industrial, aerospace, medical, and military - that enable
customers to keep information in front of people engaged in manual tasks or on
the move. The Nomad system retails for approximately $12,000 and is distributed
through a variety of value added resellers.
Nomad Personal Display System Wins Eureka Award from
Sensors Magazine; Editors Cite Technologies with Greatest
Potential to Change How People Work
BOTHELL, Wash., Jun 4, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS)
today announced that the Nomad(TM) Personal Display System received the
Eureka Award from Sensors Magazine at the recent Sensors Expo & Conference,
the sensor industry`s leading trade show and conference.
Eureka Awards are given for products that the editors of Sensors Magazine find met
the criteria of timeliness & availability; distinctive from other items already on the
market; potential to change the way people work; and delivery of applications that
meet a real need.
Sensors Magazine is distributed monthly to 75,000 buyers, specifiers and
recommenders of sensors and sensors-related products, focusing on the use of
sensing devices to increase efficiency, economy and productivity in applications
ranging from manufacturing to process control, from aerospace to consumer
products.
Microvision showcased the effectiveness of "Sensor Vision" on such applications as
process control, predictive maintenance and security/surveillance. The company
demonstrated infrared images from a helmet-mounted camera superimposed over
the same view of the real world in the Nomad system, also mounted on the
helmet.
"We`re proud to receive this award for the Nomad system as a product judged to
have the potential to change the way people work," said Bruce Ridley, industrial
marketing manager for Microvision. "It`s the whole intent of providing a see-through
display that lets workers experience data head-up, and hands free with full
situational awareness."
Based on Microvision`s patented retinal scanning technology, the Nomad system is a
high-resolution head-worn display that presents images and information to the user
in a see-through or "head-up" mode. This unique personal display enables head-up,
hands-free access to information such as diagrams, instrumentation, maintenance
records, moving maps and interactive training manuals. The Nomad system features
full daylight-readability, allowing users to view high contrast images in even the
most challenging ambient lighting conditions. High quality, Super VGA resolution
makes the Nomad immediately compatible with a broad range of existing
applications and content.
By enabling users to merge selected electronic images into their natural field of
vision, the Nomad system can bring critical information to the point of task. From
flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad
system can deliver major improvements in productivity, quality and safety for
virtually any type of manual task. The company is targeting applications for workers
in four vertical markets - industrial, aerospace, medical, and military - that enable
customers to keep information in front of people engaged in manual tasks or on
the move. The Nomad system retails for approximately $12,000 and is distributed
through a variety of value added resellers.
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. is the developer of the patented
retinal scanning display technology and a world leader in micro miniature optical
scanning technology for display and imaging applications. The company`s technology
has applications in a broad range of military, medical, industrial, professional and
consumer information products. Nomad is a trademark of Microvision, Inc.
Forward-Looking Statement
Sensors Magazine; Editors Cite Technologies with Greatest
Potential to Change How People Work
BOTHELL, Wash., Jun 4, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS)
today announced that the Nomad(TM) Personal Display System received the
Eureka Award from Sensors Magazine at the recent Sensors Expo & Conference,
the sensor industry`s leading trade show and conference.
Eureka Awards are given for products that the editors of Sensors Magazine find met
the criteria of timeliness & availability; distinctive from other items already on the
market; potential to change the way people work; and delivery of applications that
meet a real need.
Sensors Magazine is distributed monthly to 75,000 buyers, specifiers and
recommenders of sensors and sensors-related products, focusing on the use of
sensing devices to increase efficiency, economy and productivity in applications
ranging from manufacturing to process control, from aerospace to consumer
products.
Microvision showcased the effectiveness of "Sensor Vision" on such applications as
process control, predictive maintenance and security/surveillance. The company
demonstrated infrared images from a helmet-mounted camera superimposed over
the same view of the real world in the Nomad system, also mounted on the
helmet.
"We`re proud to receive this award for the Nomad system as a product judged to
have the potential to change the way people work," said Bruce Ridley, industrial
marketing manager for Microvision. "It`s the whole intent of providing a see-through
display that lets workers experience data head-up, and hands free with full
situational awareness."
Based on Microvision`s patented retinal scanning technology, the Nomad system is a
high-resolution head-worn display that presents images and information to the user
in a see-through or "head-up" mode. This unique personal display enables head-up,
hands-free access to information such as diagrams, instrumentation, maintenance
records, moving maps and interactive training manuals. The Nomad system features
full daylight-readability, allowing users to view high contrast images in even the
most challenging ambient lighting conditions. High quality, Super VGA resolution
makes the Nomad immediately compatible with a broad range of existing
applications and content.
By enabling users to merge selected electronic images into their natural field of
vision, the Nomad system can bring critical information to the point of task. From
flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad
system can deliver major improvements in productivity, quality and safety for
virtually any type of manual task. The company is targeting applications for workers
in four vertical markets - industrial, aerospace, medical, and military - that enable
customers to keep information in front of people engaged in manual tasks or on
the move. The Nomad system retails for approximately $12,000 and is distributed
through a variety of value added resellers.
About Microvision: www.mvis.com
Headquartered in Bothell, WA, Microvision Inc. is the developer of the patented
retinal scanning display technology and a world leader in micro miniature optical
scanning technology for display and imaging applications. The company`s technology
has applications in a broad range of military, medical, industrial, professional and
consumer information products. Nomad is a trademark of Microvision, Inc.
Forward-Looking Statement
Wie Du sagst wohl im Moment auf dem Weg zur 5$-Marke....
kann eben ganz schnell gehen wenn ein wichtiger Widerstand gebrochen wird...
5$ sollten aber halten... schnelle 100% sind auf jeden Fall drin...
aber: Insidersell Rutkowski...
sieht nicht gut aus...
mit den Instisells...
5$ sollten aber halten... schnelle 100% sind auf jeden Fall drin...
aber: Insidersell Rutkowski...
sieht nicht gut aus...
mit den Instisells...
Hi
Anbei 2 interessante Links. In dem einen sieht man den cellphone Prototypen. Da muss wohl noch einiges fein justiert werden. Ist ja ein ganz schöner Prügel. Aber Nokia/Siemens sollen schliesslich auch noch was tun.
Grüsse
gabi
http://www.extremetech.com/article/0,3396,s=201&a=22886,00.a…
http://www.pbs.org/cringely/pulpit/pulpit20020530.html
Microvision Joins Xybernaut VAR Program as Companies Integrate Wearable Computers With `Augmented Vision` Display Technologies
Wearable Computers and Personal Display System Combine to Improve "Point of Task" Performance in Field Force Automation
FAIRFAX, Va. and BOTHELL, Wash.--(BUSINESS WIRE)--June 6, 2002-- Xybernaut Corporation (NASDAQ:XYBR - News) and Microvision, Inc. (NASDAQ:MVIS - News) today announced a teaming agreement under which Microvision joins Team Xybernaut(TM) as a value-added reseller (VAR) and both companies have agreed to co-market each other`s products.
Both companies are leaders in their respective markets -- mobile/wearable computing (Xybernaut) and high-resolution displays and imaging (Microvision) -- and have worked together to integrate the Mobile Assistant® V (MA® V) mobile/wearable computers with Microvision`s recently-introduced Nomad(TM) Personal Display System. Initial units of Xybernaut wearable computers integrated with the Nomad System are already being shipped to several customers including branches of the U.S. Armed Forces.
Microvision`s Nomad Personal Display System is a "see-through," daylight-readable head worn display. The Nomad System is a precision display instrument that superimposes mission-critical information on the user`s field of vision, placing information they need at their point of task. The Nomad display is especially valuable for workers who perform complex tasks such as equipment maintenance, repair and overhaul; alignment in manufacturing processes; as well as navigation or targeting using heavy equipment.
"Our Nomad System is quickly becoming recognized as a powerful tool to help increase productivity, quality and safety for customers who require information directly at their point of task," said Tom Sanko, vice president for Microvision. "Together, Xybernaut and Microvision provide mobile professionals or frontline workers performing complex tasks the ability to achieve entirely new performance levels. We are truly changing the way people work," added Sanko.
Benefits from mobile/wearable computing are already being realized in the broad category of Field Force Automation (FFA) across a wide variety of industry segments including transportation/aerospace, hospitality/travel, telecommunications/utilities, government/military, medical and education. Both Companies anticipate interest in the integrated solution from customers and prospects in these and other market sectors.
"Whether users find themselves performing tactical military maneuvers, complex repairs, detailed quality assurance or critical customer services, Xybernaut and Microvision are delivering this integrated platform to boost productivity and reduce costs," stated Edward G. Newman, chairman, president and CEO of Xybernaut.
Microvision is one of the most respected manufacturers of advanced display technologies with over 60 patents issued and nearly 100 pending. Similarly, for more than a decade, Xybernaut has secured a leadership position by integrating wearables into commercial and consumer applications and the Company continues to be regarded as a vanguard in R&D, product design, technological interoperability, application support and systems integration.
Xybernaut has more than 700 patent applications pending or granted worldwide covering its innovative technologies, business methods, and concepts. Since the company`s inception more than 10 years ago, Xybernaut`s patents and patent applications have been extended to cover an even broader spectrum of issues related to mobile/wearable and related technologies such as ergonomics, data security, user hygiene, ruggedization, power management, peripheral support and many other factors related to wearable deployments.
Anbei 2 interessante Links. In dem einen sieht man den cellphone Prototypen. Da muss wohl noch einiges fein justiert werden. Ist ja ein ganz schöner Prügel. Aber Nokia/Siemens sollen schliesslich auch noch was tun.
Grüsse
gabi
http://www.extremetech.com/article/0,3396,s=201&a=22886,00.a…
http://www.pbs.org/cringely/pulpit/pulpit20020530.html
Microvision Joins Xybernaut VAR Program as Companies Integrate Wearable Computers With `Augmented Vision` Display Technologies
Wearable Computers and Personal Display System Combine to Improve "Point of Task" Performance in Field Force Automation
FAIRFAX, Va. and BOTHELL, Wash.--(BUSINESS WIRE)--June 6, 2002-- Xybernaut Corporation (NASDAQ:XYBR - News) and Microvision, Inc. (NASDAQ:MVIS - News) today announced a teaming agreement under which Microvision joins Team Xybernaut(TM) as a value-added reseller (VAR) and both companies have agreed to co-market each other`s products.
Both companies are leaders in their respective markets -- mobile/wearable computing (Xybernaut) and high-resolution displays and imaging (Microvision) -- and have worked together to integrate the Mobile Assistant® V (MA® V) mobile/wearable computers with Microvision`s recently-introduced Nomad(TM) Personal Display System. Initial units of Xybernaut wearable computers integrated with the Nomad System are already being shipped to several customers including branches of the U.S. Armed Forces.
Microvision`s Nomad Personal Display System is a "see-through," daylight-readable head worn display. The Nomad System is a precision display instrument that superimposes mission-critical information on the user`s field of vision, placing information they need at their point of task. The Nomad display is especially valuable for workers who perform complex tasks such as equipment maintenance, repair and overhaul; alignment in manufacturing processes; as well as navigation or targeting using heavy equipment.
"Our Nomad System is quickly becoming recognized as a powerful tool to help increase productivity, quality and safety for customers who require information directly at their point of task," said Tom Sanko, vice president for Microvision. "Together, Xybernaut and Microvision provide mobile professionals or frontline workers performing complex tasks the ability to achieve entirely new performance levels. We are truly changing the way people work," added Sanko.
Benefits from mobile/wearable computing are already being realized in the broad category of Field Force Automation (FFA) across a wide variety of industry segments including transportation/aerospace, hospitality/travel, telecommunications/utilities, government/military, medical and education. Both Companies anticipate interest in the integrated solution from customers and prospects in these and other market sectors.
"Whether users find themselves performing tactical military maneuvers, complex repairs, detailed quality assurance or critical customer services, Xybernaut and Microvision are delivering this integrated platform to boost productivity and reduce costs," stated Edward G. Newman, chairman, president and CEO of Xybernaut.
Microvision is one of the most respected manufacturers of advanced display technologies with over 60 patents issued and nearly 100 pending. Similarly, for more than a decade, Xybernaut has secured a leadership position by integrating wearables into commercial and consumer applications and the Company continues to be regarded as a vanguard in R&D, product design, technological interoperability, application support and systems integration.
Xybernaut has more than 700 patent applications pending or granted worldwide covering its innovative technologies, business methods, and concepts. Since the company`s inception more than 10 years ago, Xybernaut`s patents and patent applications have been extended to cover an even broader spectrum of issues related to mobile/wearable and related technologies such as ergonomics, data security, user hygiene, ruggedization, power management, peripheral support and many other factors related to wearable deployments.
Hi
Ein Artikel aus der Zeit. Ob der jedoch auf der Höhe der Zeit ist, möchte ich bezweifeln.
http://www.zeit.de/2002/23/Wissen/200223_t-infobrille.html
Handbuch im Kopf
Intelligente Brillen sollen Daten direkt ins Auge von Technikern und Ingenieuren übermitteln
Von Dirk Asendorpf
Der nächste Berg ist mehr als 100 Kilometer entfernt, trotzdem sind Kletterkünste wichtig für die Mitarbeiter von Richard Kille. Der Ingenieur leitet die Kranwartung bei den Bremer Stahlwerken. 900 Kräne sind auf dem Werkgelände verteilt, darunter 130 Kolosse, die bis zu 460 Tonnen flüssiges Metall an den Haken nehmen können. Kille und seine 85 Mitarbeiter sorgen dafür, dass keiner dieser Kräne ausfällt. "Jeder Kran besteht aus über 100 verschiedenen Teilen", sagt Richard Kille, "jedes einzelne muss der Wartungstechniker im Auge behalten." Da es im Stahlwerk mehrere Dutzend Krantypen gibt, benötigen die Techniker dicke Handbücher, die jedes Detail und jede Wartung genau beschreiben. Doch dort, wo sie die Informationen am dringendsten brauchen, sind sie nie zur Hand.
Denn Kranklettern erfordert beide Hände, mehr als Papier und Bleistift ist nicht dabei. Deshalb lesen die Techniker oft erst im Büro nach, ob etwa die auf dem Kran gemessene Temperatur eines Lagers normal ist oder Anlass zur Reparatur.
Mit solchen Problemen kämpfen Wartungstechniker fast überall. Die Geräte werden immer komplizierter und die Produktzyklen immer kürzer. Erfahrung allein hilft da oft nicht mehr weiter. Doch während der Service-Mann für Haushaltsgeräte das entsprechende Handbuch nur aus dem Kofferraum holen muss, ist vielen Industrietechnikern ein direkter Blick ins Handbuch gar nicht möglich - weil der Arbeitsplatz zu eng ist, Entscheidungen schnell zu treffen sind oder beide Hände zum Festhalten gebraucht werden.
Dann hilft nur ein tolles Gedächtnis - oder aber augmented reality. Dieser Begriff umfasst alles, was die menschlichen Sinne elektronisch erweitert, insbesondere Datenbrillen. Diese registrieren, was ihr Träger sieht, und bieten ihm dazu weitere Informationen an. Schaut zum Beispiel der Krantechniker auf einen Elektromotor, blendet ihm die Brille den letzten Wartungsbericht ein und markiert jene Schraube rot, die er lösen muss, um das Lager zu schmieren.
Das klingt einfach, ist aber in der Praxis so kompliziert, dass es augmented reality bis heute nur in Forschungsprojekten gibt. Das weltweit größte heißt Arvika, wird vom Bundesforschungsministerium gefördert und vereinigt unter der Regie des Fraunhofer-Instituts die Creme der deutschen Industrie - von DaimlerChrysler über Airbus, Siemens und VW bis hin zu mehreren mittelständischen Werkzeugmaschinenherstellern. Im Herbst soll augmented reality nach drei Projektjahren erstmals in einer echten Fabrikhalle erprobt werden. Allerdings "in freundlicher Umgebung", wie der Siemens-Ingenieur Wolfgang Friedrich betont. Bis zum harten Einsatz in normaler Industrieproduktion werde es noch einige Jahre dauern.
Mit dem Laser auf die Netzhaut
Während die nötige Software für die Bilderkennung und Verarbeitung schon weitgehend fertig gestellt ist, hapert es vor allem noch an brauchbaren Datenbrillen. Zwar sind verschiedene Systeme im Angebot, aber bei Tageslicht liefern Brillen, die mit halb durchlässigen Bildschirmen oder Spiegeln arbeiten, bisher noch keine zufrieden stellenden Ergebnisse. Praxistauglich ist nur eine Brille, die Bilder direkt auf die Netzhaut ihres Trägers lasert. Wie vieles in diesem Bereich wurde das System der US-Firma Microvision für militärische Zwecke entwickelt. Auch wenn der Hersteller versichert, seine Laserbrille arbeite medizinisch völlig unbedenklich, stößt sie bei zivilen Anwendern doch auf "erhebliche Vorbehalte", wie Wolfgang Friedrich festgestellt hat.
Auch die Bremer Informatikerin Ingrid Rügge hat bei ausgiebigen Recherchen zwar Prototypen, aber keine einzige Anwendung von augmented reality entdeckt, die unter Normalbedingungen funktioniert. Die mangelnde Praxistauglichkeit hatte unterschiedliche Gründe, fast immer haperte es jedoch beim Zusammenspiel der künstlichen mit den menschlichen Sinnen. So klagten Boeing-Mitarbeiter, die mit halb durchsichtigen Brillen an dicken Kabelbäumen im Flugzeugrumpf hantieren sollten, über Schwindelgefühle. Es zeigte sich, dass die hoch modernen mobilen Computer gegenüber dem menschlichen Wahrnehmungsapparat um den Bruchteil einer hundertstel Sekunde zu langsam waren. Der Mensch hatte die minimalen Verschiebungen des Blickfelds, die ständig durch unmerklich leichtes Kopfwackeln entstehen, schon ausgeglichen, bevor der Computer nachzog. Ein Großrechner wäre zwar schnell genug, müsste jedoch drahtlos mit der Brille verbunden werden. Aber auch das führt wieder zu einer Schwindel erregenden Zeitverzögerung.
Ganz schlaue Erfinder versuchen deshalb, die Unterlegenheit des Computers dadurch auszugleichen, dass sie den menschlichen Sinn auf dessen Tempo hinunterzwingen. Zu diesem Zweck bekommt der Mensch eine Videokamera vor jedes Auge und sieht dann nicht mehr direkt in die Welt, sondern nur noch auf ein Videobild, das gleich mit den Zusatzinformationen der augmented reality gemischt ist. Das funktioniert zwar besser, führt aber auch zu einem Schwindelgefühl, der so genannten Simulatorkrankheit. Denn nun stimmt der Sehsinn nicht mehr mit den Informationen des Gleichgewichtssinnes überein. "Ich würde damit lieber nicht Fahrrad fahren", meint Ingrid Rügge, die das System ausprobiert hat. In der Arbeitswelt wäre es ohnehin nicht zulässig, da die Berufsgenossenschaften grundsätzlich freie Sicht verlangen, wenn Arbeiten in Bewegung ausgeführt werden.
Schließlich bremsen die hohen Kosten eine schnelle Verbreitung von augmented reality. Während beim Militär Geld und Arbeitsschutz eine geringere Rolle spielen und Piloten schon mit halb durchsichtigen Brillen im Flugzeug sitzen, gelten die Systeme für die Industrie erst als interessant, wenn der Stückpreis unter 5000 Euro sinkt. Dieses Ziel hat sich jedenfalls das Arvika-Projekt gesetzt. "Bis zum Ende der Projektförderung Mitte 2003 werden wir es nicht erreichen", gibt Siemens-Ingenieur Friedrich zu, "aber man muss ja auch in Richtung 2010 weiterdenken."
Bis augmented reality reif für den Massenmarkt ist, wird es noch dauern. Trotzdem wird beim Darmstädter Fraunhofer-Institut für Graphische Datenverarbeitung schon über Anwendungen spekuliert, über besonders realitätsnahe Spiele oder auch mobile Informationssysteme für Touristen. "Ausgestattet mit Spezialfernglas und Kleinstcomputer, können sie sich die vor Jahrhunderten zerstörte Schlossanlage einblenden oder griechische Tempel aus Ruinen wiederauferstehen lassen", schreiben die Darmstädter Visionäre.
Bis dahin sind auch noch recht profane Probleme zu knacken. So scheiterte das Forschungsprojekt auf den Kränen der Bremer Stahlwerke an der Stromversorgung der Brillen. "Der Akku ist einfach zu schwer", hat Stahlwerk-Ingenieur Richard Kille festgestellt, "damit kann ich meine Leute nicht auf den Kran klettern lassen."
Hier ein älterer Bericht aus dem Handelsblatt:
http://www.handelsblatt.com/hbiwwwangebot/fn/relhbi/sfn/buil…
Spieglein, Spieglein in der Hand
Von GREGOR HONSEL
Multimedia mit dem Mobiltelefon, Internetzugang über den Taschen-PC - die meisten Zukunftsvisionen der IT-Branche gehen in eine Richtung: klein, tragbar, drahtlos und vernetzt. Doch neben dem Problem der Übertragungsgeschwindigkeit müssen sich die Gerätehersteller durch einen weiteren Flaschenhals zwängen - die Bildschirme müssen multimedial aufgerüstet werden. Ein neues Display von Microvision weist den Weg.
Das Display lässt sich auf Handy-Größe schrumpfen.
DÜSSELDORF. Der Farbbildschirm kann 800 mal 600 Pixel darstellen - das ist soviel wie üblicherweise auf einem 15-Zoll-Computerbildschirm gezeigt wird. Er besteht aus drei Dioden (rot, grün, blau) und winzigen, vibrierenden Spiegel. Diese Reflektoren leiten das Licht durch eine Linse dem Auge des Betrachters zu. Das Display kann auf die Größe von handelsüblichen Handybildschirmen schrumpfen oder in eine Datenbrille eingebaut werden.
Das Prinzip der beweglichen Spiegel ist nicht neu. Bereits 1990 wurde eine Datenbrille mit dieser Technik vom US-Unternehmen Privat Eye auf den Markt gebracht. Was dieser Entwicklung aber einen ganz neuen Schub gibt, ist die Nanotechnik. Micro-Electrical-Mechanical-Systems (Mems) heißt das Zauberwort. Dadurch erst kann der Bildschirm soweit minituarisiert werden, dass sein Einsatz in tragbaren Geräten attraktiv wird.
Ob sich die Mems-Display-Technik aber durchsetzt, ist noch ungewiss. Nebenbei buhlen noch andere Verfahren um den Durchbruch - darunter weitere Dioden-Systeme, Fortentwicklungen des Flüssigkristall-Displays, und selbst die gute alte Kathodenstrahlröhre ist noch im Rennen. Nun macht sich Microvision ans Werk, das Display für die Massenfertigung vorzubereiten, den Preis und die Größe zu senken. In 18 bis 24 Monaten soll es soweit sein.
Russell Hannigan, Microvision`s director of business development for advanced products, ist aber optimistisch: "Wir können höhere Qualität zu niedrigeren Preisen liefern als unsere Wettbewerber. Letztendlich geht es doch nur um die Frage, wer die meisten Pixel pro Penny liefert."
Ein Artikel aus der Zeit. Ob der jedoch auf der Höhe der Zeit ist, möchte ich bezweifeln.
http://www.zeit.de/2002/23/Wissen/200223_t-infobrille.html
Handbuch im Kopf
Intelligente Brillen sollen Daten direkt ins Auge von Technikern und Ingenieuren übermitteln
Von Dirk Asendorpf
Der nächste Berg ist mehr als 100 Kilometer entfernt, trotzdem sind Kletterkünste wichtig für die Mitarbeiter von Richard Kille. Der Ingenieur leitet die Kranwartung bei den Bremer Stahlwerken. 900 Kräne sind auf dem Werkgelände verteilt, darunter 130 Kolosse, die bis zu 460 Tonnen flüssiges Metall an den Haken nehmen können. Kille und seine 85 Mitarbeiter sorgen dafür, dass keiner dieser Kräne ausfällt. "Jeder Kran besteht aus über 100 verschiedenen Teilen", sagt Richard Kille, "jedes einzelne muss der Wartungstechniker im Auge behalten." Da es im Stahlwerk mehrere Dutzend Krantypen gibt, benötigen die Techniker dicke Handbücher, die jedes Detail und jede Wartung genau beschreiben. Doch dort, wo sie die Informationen am dringendsten brauchen, sind sie nie zur Hand.
Denn Kranklettern erfordert beide Hände, mehr als Papier und Bleistift ist nicht dabei. Deshalb lesen die Techniker oft erst im Büro nach, ob etwa die auf dem Kran gemessene Temperatur eines Lagers normal ist oder Anlass zur Reparatur.
Mit solchen Problemen kämpfen Wartungstechniker fast überall. Die Geräte werden immer komplizierter und die Produktzyklen immer kürzer. Erfahrung allein hilft da oft nicht mehr weiter. Doch während der Service-Mann für Haushaltsgeräte das entsprechende Handbuch nur aus dem Kofferraum holen muss, ist vielen Industrietechnikern ein direkter Blick ins Handbuch gar nicht möglich - weil der Arbeitsplatz zu eng ist, Entscheidungen schnell zu treffen sind oder beide Hände zum Festhalten gebraucht werden.
Dann hilft nur ein tolles Gedächtnis - oder aber augmented reality. Dieser Begriff umfasst alles, was die menschlichen Sinne elektronisch erweitert, insbesondere Datenbrillen. Diese registrieren, was ihr Träger sieht, und bieten ihm dazu weitere Informationen an. Schaut zum Beispiel der Krantechniker auf einen Elektromotor, blendet ihm die Brille den letzten Wartungsbericht ein und markiert jene Schraube rot, die er lösen muss, um das Lager zu schmieren.
Das klingt einfach, ist aber in der Praxis so kompliziert, dass es augmented reality bis heute nur in Forschungsprojekten gibt. Das weltweit größte heißt Arvika, wird vom Bundesforschungsministerium gefördert und vereinigt unter der Regie des Fraunhofer-Instituts die Creme der deutschen Industrie - von DaimlerChrysler über Airbus, Siemens und VW bis hin zu mehreren mittelständischen Werkzeugmaschinenherstellern. Im Herbst soll augmented reality nach drei Projektjahren erstmals in einer echten Fabrikhalle erprobt werden. Allerdings "in freundlicher Umgebung", wie der Siemens-Ingenieur Wolfgang Friedrich betont. Bis zum harten Einsatz in normaler Industrieproduktion werde es noch einige Jahre dauern.
Mit dem Laser auf die Netzhaut
Während die nötige Software für die Bilderkennung und Verarbeitung schon weitgehend fertig gestellt ist, hapert es vor allem noch an brauchbaren Datenbrillen. Zwar sind verschiedene Systeme im Angebot, aber bei Tageslicht liefern Brillen, die mit halb durchlässigen Bildschirmen oder Spiegeln arbeiten, bisher noch keine zufrieden stellenden Ergebnisse. Praxistauglich ist nur eine Brille, die Bilder direkt auf die Netzhaut ihres Trägers lasert. Wie vieles in diesem Bereich wurde das System der US-Firma Microvision für militärische Zwecke entwickelt. Auch wenn der Hersteller versichert, seine Laserbrille arbeite medizinisch völlig unbedenklich, stößt sie bei zivilen Anwendern doch auf "erhebliche Vorbehalte", wie Wolfgang Friedrich festgestellt hat.
Auch die Bremer Informatikerin Ingrid Rügge hat bei ausgiebigen Recherchen zwar Prototypen, aber keine einzige Anwendung von augmented reality entdeckt, die unter Normalbedingungen funktioniert. Die mangelnde Praxistauglichkeit hatte unterschiedliche Gründe, fast immer haperte es jedoch beim Zusammenspiel der künstlichen mit den menschlichen Sinnen. So klagten Boeing-Mitarbeiter, die mit halb durchsichtigen Brillen an dicken Kabelbäumen im Flugzeugrumpf hantieren sollten, über Schwindelgefühle. Es zeigte sich, dass die hoch modernen mobilen Computer gegenüber dem menschlichen Wahrnehmungsapparat um den Bruchteil einer hundertstel Sekunde zu langsam waren. Der Mensch hatte die minimalen Verschiebungen des Blickfelds, die ständig durch unmerklich leichtes Kopfwackeln entstehen, schon ausgeglichen, bevor der Computer nachzog. Ein Großrechner wäre zwar schnell genug, müsste jedoch drahtlos mit der Brille verbunden werden. Aber auch das führt wieder zu einer Schwindel erregenden Zeitverzögerung.
Ganz schlaue Erfinder versuchen deshalb, die Unterlegenheit des Computers dadurch auszugleichen, dass sie den menschlichen Sinn auf dessen Tempo hinunterzwingen. Zu diesem Zweck bekommt der Mensch eine Videokamera vor jedes Auge und sieht dann nicht mehr direkt in die Welt, sondern nur noch auf ein Videobild, das gleich mit den Zusatzinformationen der augmented reality gemischt ist. Das funktioniert zwar besser, führt aber auch zu einem Schwindelgefühl, der so genannten Simulatorkrankheit. Denn nun stimmt der Sehsinn nicht mehr mit den Informationen des Gleichgewichtssinnes überein. "Ich würde damit lieber nicht Fahrrad fahren", meint Ingrid Rügge, die das System ausprobiert hat. In der Arbeitswelt wäre es ohnehin nicht zulässig, da die Berufsgenossenschaften grundsätzlich freie Sicht verlangen, wenn Arbeiten in Bewegung ausgeführt werden.
Schließlich bremsen die hohen Kosten eine schnelle Verbreitung von augmented reality. Während beim Militär Geld und Arbeitsschutz eine geringere Rolle spielen und Piloten schon mit halb durchsichtigen Brillen im Flugzeug sitzen, gelten die Systeme für die Industrie erst als interessant, wenn der Stückpreis unter 5000 Euro sinkt. Dieses Ziel hat sich jedenfalls das Arvika-Projekt gesetzt. "Bis zum Ende der Projektförderung Mitte 2003 werden wir es nicht erreichen", gibt Siemens-Ingenieur Friedrich zu, "aber man muss ja auch in Richtung 2010 weiterdenken."
Bis augmented reality reif für den Massenmarkt ist, wird es noch dauern. Trotzdem wird beim Darmstädter Fraunhofer-Institut für Graphische Datenverarbeitung schon über Anwendungen spekuliert, über besonders realitätsnahe Spiele oder auch mobile Informationssysteme für Touristen. "Ausgestattet mit Spezialfernglas und Kleinstcomputer, können sie sich die vor Jahrhunderten zerstörte Schlossanlage einblenden oder griechische Tempel aus Ruinen wiederauferstehen lassen", schreiben die Darmstädter Visionäre.
Bis dahin sind auch noch recht profane Probleme zu knacken. So scheiterte das Forschungsprojekt auf den Kränen der Bremer Stahlwerke an der Stromversorgung der Brillen. "Der Akku ist einfach zu schwer", hat Stahlwerk-Ingenieur Richard Kille festgestellt, "damit kann ich meine Leute nicht auf den Kran klettern lassen."
Hier ein älterer Bericht aus dem Handelsblatt:
http://www.handelsblatt.com/hbiwwwangebot/fn/relhbi/sfn/buil…
Spieglein, Spieglein in der Hand
Von GREGOR HONSEL
Multimedia mit dem Mobiltelefon, Internetzugang über den Taschen-PC - die meisten Zukunftsvisionen der IT-Branche gehen in eine Richtung: klein, tragbar, drahtlos und vernetzt. Doch neben dem Problem der Übertragungsgeschwindigkeit müssen sich die Gerätehersteller durch einen weiteren Flaschenhals zwängen - die Bildschirme müssen multimedial aufgerüstet werden. Ein neues Display von Microvision weist den Weg.
Das Display lässt sich auf Handy-Größe schrumpfen.
DÜSSELDORF. Der Farbbildschirm kann 800 mal 600 Pixel darstellen - das ist soviel wie üblicherweise auf einem 15-Zoll-Computerbildschirm gezeigt wird. Er besteht aus drei Dioden (rot, grün, blau) und winzigen, vibrierenden Spiegel. Diese Reflektoren leiten das Licht durch eine Linse dem Auge des Betrachters zu. Das Display kann auf die Größe von handelsüblichen Handybildschirmen schrumpfen oder in eine Datenbrille eingebaut werden.
Das Prinzip der beweglichen Spiegel ist nicht neu. Bereits 1990 wurde eine Datenbrille mit dieser Technik vom US-Unternehmen Privat Eye auf den Markt gebracht. Was dieser Entwicklung aber einen ganz neuen Schub gibt, ist die Nanotechnik. Micro-Electrical-Mechanical-Systems (Mems) heißt das Zauberwort. Dadurch erst kann der Bildschirm soweit minituarisiert werden, dass sein Einsatz in tragbaren Geräten attraktiv wird.
Ob sich die Mems-Display-Technik aber durchsetzt, ist noch ungewiss. Nebenbei buhlen noch andere Verfahren um den Durchbruch - darunter weitere Dioden-Systeme, Fortentwicklungen des Flüssigkristall-Displays, und selbst die gute alte Kathodenstrahlröhre ist noch im Rennen. Nun macht sich Microvision ans Werk, das Display für die Massenfertigung vorzubereiten, den Preis und die Größe zu senken. In 18 bis 24 Monaten soll es soweit sein.
Russell Hannigan, Microvision`s director of business development for advanced products, ist aber optimistisch: "Wir können höhere Qualität zu niedrigeren Preisen liefern als unsere Wettbewerber. Letztendlich geht es doch nur um die Frage, wer die meisten Pixel pro Penny liefert."
Interessant! Die Geschichte mit dem Schwindel habe ich auch mal gehört, bis dato aber das Problem unterschätzt. Den eigenen Sehsinn kann man nicht verarschen. Gut möglich, dass die erwähnten Boeing-MAs Microvision-headups verwendet haben, schließlich arbeitet MVIS mit denen zusammen.
Dass diese displays erst Sinn machen bei einem Stückpreis von <5000 Euro, sehe ich schon die ganze Zeit so, ich halte NOMAD schlicht und ergreifend für zu teuer und glaube nicht an 1000 sales für 2002. Zumindest im letzten CC wurde aber an dem Ziel festgehalten... anno 2003 will man bekanntlich in einer Größenordnung von 3000 sales gelangen, bei einem Stückpreis von 3000$. (im Gegensatz zu ARVIKA)
---"Der Akku ist einfach zu schwer", hat Stahlwerk-Ingenieur Richard Kille festgestellt, "damit kann ich meine Leute nicht auf den Kran klettern lassen."---
in diesem Punkt hat Microvision ebenfalls große Fortschrite machen können, die letzten PRs sind insofern von großer Bedeutung.
Ebenfalls festzuhalten ist, dass MVIS nicht nur eine display-Firma ist, sondern auch im Bereich des scanning ein sehr interesssantes Anwendungsgebiet hat (Flic).
Richtig interessant ist es aber, wenn die Geschichte mit den kleinen feinen MEMS ins Rollen gerät, viele Mio Stück pro Jahr, sehr hohe Gewinnmargen...
we will see...
M_3
Zweifelsohne ist Microvision der absolute leader im Bereich der augumented reality, steht fest!
Dass diese displays erst Sinn machen bei einem Stückpreis von <5000 Euro, sehe ich schon die ganze Zeit so, ich halte NOMAD schlicht und ergreifend für zu teuer und glaube nicht an 1000 sales für 2002. Zumindest im letzten CC wurde aber an dem Ziel festgehalten... anno 2003 will man bekanntlich in einer Größenordnung von 3000 sales gelangen, bei einem Stückpreis von 3000$. (im Gegensatz zu ARVIKA)
---"Der Akku ist einfach zu schwer", hat Stahlwerk-Ingenieur Richard Kille festgestellt, "damit kann ich meine Leute nicht auf den Kran klettern lassen."---
in diesem Punkt hat Microvision ebenfalls große Fortschrite machen können, die letzten PRs sind insofern von großer Bedeutung.
Ebenfalls festzuhalten ist, dass MVIS nicht nur eine display-Firma ist, sondern auch im Bereich des scanning ein sehr interesssantes Anwendungsgebiet hat (Flic).
Richtig interessant ist es aber, wenn die Geschichte mit den kleinen feinen MEMS ins Rollen gerät, viele Mio Stück pro Jahr, sehr hohe Gewinnmargen...
we will see...
M_3
Zweifelsohne ist Microvision der absolute leader im Bereich der augumented reality, steht fest!
Thema Schwindel von Boeing-Mitarbeitern:
die Jungs haben Sony-Glasstron verwendet, kein VRD...
M_3
die Jungs haben Sony-Glasstron verwendet, kein VRD...
M_3
Microvision Expects Second Quarter Revenue to Exceed Previous Guidance of $4.5 Million
BOTHELL, Wash., Jun 13, 2002 (BUSINESS WIRE) --
Sequential revenue growth for the second quarter expected to exceed 20%; Company targets strong sequential revenue growth for the third quarter
Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that second quarter revenue is expected to be greater than $4.5 million, which exceeds the Company`s previous revenue guidance and would mark the strongest quarter in the Company`s history.
Guidance was provided most recently on May 9th in a press release accompanying its first quarter financial results conference call. Second quarter revenue is expected to be more than 20% higher than the first quarter and more than 150% higher than the prior year`s second quarter. Second quarter revenue is being driven by increased contract development revenue and sales of the Company`s Nomad personal display. The Company also indicated that it expects its net loss per share to improve substantially over the first quarter of 2002, and to beat current analysts` estimates as reported by First Call.
The Company also said that it continues to target strong sequential revenue growth for the third quarter that would result in a triple digit gain over the $2.4 million reported in the third quarter of 2001.
"We are encouraged based on what we have seen in the second quarter and remain excited about the way the year is shaping up with evidence of growing demand for both the Nomad display and the Flic personal barcode scanner," said Rick Rutkowski, Microvision President and CEO. "We expect to provide more detailed guidance as the quarter progresses."
BOTHELL, Wash., Jun 13, 2002 (BUSINESS WIRE) --
Sequential revenue growth for the second quarter expected to exceed 20%; Company targets strong sequential revenue growth for the third quarter
Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that second quarter revenue is expected to be greater than $4.5 million, which exceeds the Company`s previous revenue guidance and would mark the strongest quarter in the Company`s history.
Guidance was provided most recently on May 9th in a press release accompanying its first quarter financial results conference call. Second quarter revenue is expected to be more than 20% higher than the first quarter and more than 150% higher than the prior year`s second quarter. Second quarter revenue is being driven by increased contract development revenue and sales of the Company`s Nomad personal display. The Company also indicated that it expects its net loss per share to improve substantially over the first quarter of 2002, and to beat current analysts` estimates as reported by First Call.
The Company also said that it continues to target strong sequential revenue growth for the third quarter that would result in a triple digit gain over the $2.4 million reported in the third quarter of 2001.
"We are encouraged based on what we have seen in the second quarter and remain excited about the way the year is shaping up with evidence of growing demand for both the Nomad display and the Flic personal barcode scanner," said Rick Rutkowski, Microvision President and CEO. "We expect to provide more detailed guidance as the quarter progresses."
@MIII: Deine Kursprognose mit 5$ war ja so schlecht nicht...
siehst Du, meine Prognosen stimmen eben...
weit unter 5$ wird es nicht gehen...
die fundamentals sehen alle nach wie vor gut aus...
es werden definitiv 1000 NOMADS verkauft...
und Flic wird besser als erwartet...
Klartext: 24-27 Mio$ Umsatz sind nicht in Gefahr...
shorts werden ihre satten Gewinne demnächst realisieren...
Insidersell Rutkowskis aufgrund Margin call...
Insiderbuys sind vorhanden... und das bei 8$, sprich: da haben sich einige auch ein Stück weit verschätzt...
bei 5$ ist MVIS ein klares buy... mit einer schnellen Chance auf 100%...
um dann 50% shares abzuwerfen... und somit auf der sicheren Seite sein zu können... (gute Taktik übrigens... - hat bei Alif dafür gesorgt das Verlsut nur minimal war und MVIS selbst bei Totalverlust nahezu +/- 0 wäre...)
der Gesamtmarkt ist desolat...
und alle display-Firmen haben übel abgeschnitten...
nur eine will anno 2004 mit MEMs in Serie gehen...
und ein paar Mio units verkaufen...
für 40$ das Stück...
M_3
weit unter 5$ wird es nicht gehen...
die fundamentals sehen alle nach wie vor gut aus...
es werden definitiv 1000 NOMADS verkauft...
und Flic wird besser als erwartet...
Klartext: 24-27 Mio$ Umsatz sind nicht in Gefahr...
shorts werden ihre satten Gewinne demnächst realisieren...
Insidersell Rutkowskis aufgrund Margin call...
Insiderbuys sind vorhanden... und das bei 8$, sprich: da haben sich einige auch ein Stück weit verschätzt...
bei 5$ ist MVIS ein klares buy... mit einer schnellen Chance auf 100%...
um dann 50% shares abzuwerfen... und somit auf der sicheren Seite sein zu können... (gute Taktik übrigens... - hat bei Alif dafür gesorgt das Verlsut nur minimal war und MVIS selbst bei Totalverlust nahezu +/- 0 wäre...)
der Gesamtmarkt ist desolat...
und alle display-Firmen haben übel abgeschnitten...
nur eine will anno 2004 mit MEMs in Serie gehen...
und ein paar Mio units verkaufen...
für 40$ das Stück...
M_3
Michael, wie kommst darauf, dass 1000 Nomaden sicher verkauft werden und dass Flic besser als erwartet sein wird? Ist mir da was entgangen??
Wenn MVIS unter 5$ notiert gibts noch mal einen margin call bedingten sell off. Ich werde erst nachkaúfen, wenn das Volumen ausdrocknet. Bei der jetzigen Marktverfassung wird gerne auch mal das Kind mit samt dem Badewasser ausgeschüttet. Wie weit es noch runter geht kann man vorerst nicht abschätzen.
Grüsse
gabi
Wenn MVIS unter 5$ notiert gibts noch mal einen margin call bedingten sell off. Ich werde erst nachkaúfen, wenn das Volumen ausdrocknet. Bei der jetzigen Marktverfassung wird gerne auch mal das Kind mit samt dem Badewasser ausgeschüttet. Wie weit es noch runter geht kann man vorerst nicht abschätzen.
Grüsse
gabi
@MichaelIII: Ja genau, wo sind denn die nächsten Marken, nachdem die 5$ wie Butter durchstossen wurde? Gibts noch Hoffnung für die Leute, die Du zu hohen zweistelligen Kursen reingejagt hast?
Wen habe ich denn zu hohen 2stelligen Kursen reingejagt?
Natürlich ist die Kursentwicklung desolat, aber wer eben Aktien derzeit hält hat Pech...
fundamentals sind definitiv grundsolide (siehe #428), der entscheidende Punkt ist die MASSENFERTIGUNG der MEMs...
eine komplett neue Bewertung wird dann fällig, Marktkap von 1 bis 2 Mrd US$ wahrscheinlich (3stellige Kurse)...
4 - 5 $ hat MVIS vor vielen Jahren schon einmal gesehen (da gab es lediglich die Idee von RSD), Grund waren Verkäufe einer Seite... wurde aufgefangen und schwupp hat man mal kurze 100%...
was ich sagen will: mit MVIS geht es schon immer sehr schnell und sehr extrem in eine Richtung, Nord oder Süd...
deshalb: Langfristige Position halten, aber auch kurzfristig Gewinne mitnehmen...
zum ALIF-Verluste auffangen sind 5$ mit Sicht auf 1 Jahr eine große x00$ Chance...
Gruß M_3, der viel Spaß an der WM findet
Natürlich ist die Kursentwicklung desolat, aber wer eben Aktien derzeit hält hat Pech...
fundamentals sind definitiv grundsolide (siehe #428), der entscheidende Punkt ist die MASSENFERTIGUNG der MEMs...
eine komplett neue Bewertung wird dann fällig, Marktkap von 1 bis 2 Mrd US$ wahrscheinlich (3stellige Kurse)...
4 - 5 $ hat MVIS vor vielen Jahren schon einmal gesehen (da gab es lediglich die Idee von RSD), Grund waren Verkäufe einer Seite... wurde aufgefangen und schwupp hat man mal kurze 100%...
was ich sagen will: mit MVIS geht es schon immer sehr schnell und sehr extrem in eine Richtung, Nord oder Süd...
deshalb: Langfristige Position halten, aber auch kurzfristig Gewinne mitnehmen...
zum ALIF-Verluste auffangen sind 5$ mit Sicht auf 1 Jahr eine große x00$ Chance...
Gruß M_3, der viel Spaß an der WM findet
@MIII: Ich empfehl Dir mal nur Deine alten Postings mal kurz anlesen - das dürfte reichen. Sensationelle Technik, die Milliarden wert sein kann wurde da von Dir geschrieben. Und da war MVIS auf dem absoluten Topstand.
stimmt völlig, und der Stand der Dinge ist deutlich besser wie vor 2 Jahren... (kurstechnisches Paradoxon - aber das ist Börse)
die Technik IST Milliarden wert, warum steckt denn das amerikanische Militär zig Mio in MVIS rein?
Warum ist ein ranghoher US-Admiral im MVIS-BOD?
Was passiert, wenn RSD in Camcordern, handys steckt?
Was passiert, wenn BMW oder Ford ihre Autos mit HUD ausstatten?
Welche Einsatzgebiete hat die scan-Technologie?
Was passiert, wenn Lumera die Telekoms ausstattet?
Warum hat Cisco einen Großteil der 25 Mio US$ in Lumera gesteckt?
Befasse Dich lieber mal mit den Hintergründen & fundamentals von MVIS (ist etwas mehr Arbeit wie nur Bords zu lesen...), dann kapierst Du es vielleicht auch...
im übrigen habe ich mich auch mit den Hintergründen ALIFs beschäftigt, was Du wohl nicht getan hast...
die Technik IST Milliarden wert, warum steckt denn das amerikanische Militär zig Mio in MVIS rein?
Warum ist ein ranghoher US-Admiral im MVIS-BOD?
Was passiert, wenn RSD in Camcordern, handys steckt?
Was passiert, wenn BMW oder Ford ihre Autos mit HUD ausstatten?
Welche Einsatzgebiete hat die scan-Technologie?
Was passiert, wenn Lumera die Telekoms ausstattet?
Warum hat Cisco einen Großteil der 25 Mio US$ in Lumera gesteckt?
Befasse Dich lieber mal mit den Hintergründen & fundamentals von MVIS (ist etwas mehr Arbeit wie nur Bords zu lesen...), dann kapierst Du es vielleicht auch...
im übrigen habe ich mich auch mit den Hintergründen ALIFs beschäftigt, was Du wohl nicht getan hast...
Michael hat völlig recht mit seiner Aussage zu MVIS! Diese postings von "Superman" sind das allerletzte! Michael hat nur seine Meinung und Informationen zu MVIS in dieses Board gestellt, was ich sehr gut finde.
Jeder der in Aktien investiert sollte sich des Risikos bewußt sein und sich eine eigene Meinung bilden (speziell bei solchen Aktien (auch MVIS) die man als hochspekulativ einstufen muß). Bei solchen Aktien Kursverläufe vorauszusagen ist schon schwer genug.
Auf solche Kommentare wie von "Superman" kann ich wirklich getrost verzichten!!
MfG
Markus
Jeder der in Aktien investiert sollte sich des Risikos bewußt sein und sich eine eigene Meinung bilden (speziell bei solchen Aktien (auch MVIS) die man als hochspekulativ einstufen muß). Bei solchen Aktien Kursverläufe vorauszusagen ist schon schwer genug.
Auf solche Kommentare wie von "Superman" kann ich wirklich getrost verzichten!!
MfG
Markus
Bin Superman nicht böse... liegt an der gemeinsamen Artificial Life- Vergangenheit, als ich ALIF verkauft habe und im WO-Bord meine Meinung über diese Firma kund getan habe... seitdem hoffen einige, dass meine Lieblingsfirma den Bach runter geht...
Leider habe ich bei 5$ keine Aktien gekauft...
MVIS + 15% gestern...
so schnell geht das...
Kursentwicklung hat was mit Margin + short zu tun gehabt, man darf sich bei diesen Spielchennicht verrückt machen lassen...
mal sehen wann wir bei 10$ sind...
Leider habe ich bei 5$ keine Aktien gekauft...
MVIS + 15% gestern...
so schnell geht das...
Kursentwicklung hat was mit Margin + short zu tun gehabt, man darf sich bei diesen Spielchennicht verrückt machen lassen...
mal sehen wann wir bei 10$ sind...
@MIII: Du irrst Dich. Ich wünsch Dir wie uns allen viel Gewinne an der Börse und auch bei MVIS. Ich gebe Markus auch Recht, daß so Kommentare wie meine völlig nerven. Ich wollt nur mal zeigen wie dumm das Verhalten von MIII im ALIF Thread war. Es zwingt ihn niemand Fan einer Firma zu sein, aber hämische Kommentare zu Leuten, die eh mit Verlusten zu kämfen haben waren für mich absolut schlechter Stil. Insofern verschwinde ich jetzt hier wieder und wünsch Euch viel Glück mit MVIS. Möge die 5-Dollar-Marke halten.
Wenn mein Verhalten im ALIF Thread dumm gewesen sein sollte, wie bewertest Du dann das Verhalten von Leuten im ALIF-Thread, die ALIF - evtl trotz Wissen über die Wahrheit bzgl dieser "Firma" - hochgejubelt haben.
Ich habe alle ALIF-Investierten gewarnt, weil ich eben gewußt habe wohin die Reise geht...
sollte ich wissen, dass MVIS "außen hui, innen Pfui" ist, würde ich dies posten.
Bestimmte ALIF-Großinvestoren (Kumpels von Schöneburg) haben das ALIF-Board zu Prophagandazwecken genutzt. Mein Verhalten, denen Kontra zu bieten, war nicht dumm, sondern korrekt und hat auch noch etwas Spaß gemacht...
dass dann das Niveau gelegentlich leidet ist normal, aber wenn man meine Kernaussagen über ALIF bewertet, kommt man zu einem klaren Schluß.
Zu MVIS: der Kurs wird meines Wissens aufgrund Hedgefonds, Margin calls (in Amerika traditionell immer sehr gewaltig) und die allgemeine Stimmungslage an der NASDAQ klar und deutlich versaut. Gewinne an dern Märkten haben diejenigen, die gewaltig short gehen, und das ist eben auch ein Trend...
Vermutungen gehen sogar dahin, dass der MVIS-Kurs manipuliert wird...
Fundamental & Entwicklungstechnisch siehts bei MVIS sehr gut aus. Unangenehmes droht lediglich in Verbindung mit der desolaten Kursentwicklung und künftige Finanzierungsrunden.
Ich habe alle ALIF-Investierten gewarnt, weil ich eben gewußt habe wohin die Reise geht...
sollte ich wissen, dass MVIS "außen hui, innen Pfui" ist, würde ich dies posten.
Bestimmte ALIF-Großinvestoren (Kumpels von Schöneburg) haben das ALIF-Board zu Prophagandazwecken genutzt. Mein Verhalten, denen Kontra zu bieten, war nicht dumm, sondern korrekt und hat auch noch etwas Spaß gemacht...
dass dann das Niveau gelegentlich leidet ist normal, aber wenn man meine Kernaussagen über ALIF bewertet, kommt man zu einem klaren Schluß.
Zu MVIS: der Kurs wird meines Wissens aufgrund Hedgefonds, Margin calls (in Amerika traditionell immer sehr gewaltig) und die allgemeine Stimmungslage an der NASDAQ klar und deutlich versaut. Gewinne an dern Märkten haben diejenigen, die gewaltig short gehen, und das ist eben auch ein Trend...
Vermutungen gehen sogar dahin, dass der MVIS-Kurs manipuliert wird...
Fundamental & Entwicklungstechnisch siehts bei MVIS sehr gut aus. Unangenehmes droht lediglich in Verbindung mit der desolaten Kursentwicklung und künftige Finanzierungsrunden.
Da ist aber einer im großen Stil am Verkaufen...
Planned Sale Detail Return to Planned Sales Summary
Name: RUTKOWSKI RICHARD F
Title: President
Source of Stock: STOCK OPTNS
Proposed Date Quantity Value Broker
07/02/02 23,200 $113,680.00 MORGAN STANLEY
07/01/02 8,500 $44,455.00 MORGAN STANLEY
06/24/02 11,100 $89,910.00 UBS PAINEWEBBER INC
06/19/02 1,500 $9,915.00 MORGAN STANLEY
06/17/02 14,000 $95,198.60 MORGAN STANLEY
06/17/02 3,000 $20,399.70 MORGAN STANLEY
06/17/02 5,000 $33,999.50 MORGAN STANLEY
06/12/02 1,000 $6,300.00 UBS PAINEWEBBER INC
06/11/02 8,800 $61,424.00 MORGAN STANLEY
06/11/02 3,000 $20,940.00 UBS PAINEWEBBER INC
06/11/02 16,500 $115,170.00 MORGAN STANLEY
06/06/02 3,000 $21,000.00 UBS PAINEWEBBER INC
06/03/02 7,000 $49,350.00 UBS PAINEWEBBER INC
05/30/02 3,000 $23,250.00 UBS PAINEWEBBER INC
05/30/02 7,500 $58,875.00 MORGAN STANLEY
05/24/02 1,000 $8,465.00 UBS PAINEWEBBER INC
05/24/02 25,000 $212,475.00 MORGAN STANLEY
05/22/02 5,000 $42,500.00 UBS PAINEWEBBER INC
Planned Sale Detail Return to Planned Sales Summary
Name: RUTKOWSKI RICHARD F
Title: President
Source of Stock: STOCK OPTNS
Proposed Date Quantity Value Broker
07/02/02 23,200 $113,680.00 MORGAN STANLEY
07/01/02 8,500 $44,455.00 MORGAN STANLEY
06/24/02 11,100 $89,910.00 UBS PAINEWEBBER INC
06/19/02 1,500 $9,915.00 MORGAN STANLEY
06/17/02 14,000 $95,198.60 MORGAN STANLEY
06/17/02 3,000 $20,399.70 MORGAN STANLEY
06/17/02 5,000 $33,999.50 MORGAN STANLEY
06/12/02 1,000 $6,300.00 UBS PAINEWEBBER INC
06/11/02 8,800 $61,424.00 MORGAN STANLEY
06/11/02 3,000 $20,940.00 UBS PAINEWEBBER INC
06/11/02 16,500 $115,170.00 MORGAN STANLEY
06/06/02 3,000 $21,000.00 UBS PAINEWEBBER INC
06/03/02 7,000 $49,350.00 UBS PAINEWEBBER INC
05/30/02 3,000 $23,250.00 UBS PAINEWEBBER INC
05/30/02 7,500 $58,875.00 MORGAN STANLEY
05/24/02 1,000 $8,465.00 UBS PAINEWEBBER INC
05/24/02 25,000 $212,475.00 MORGAN STANLEY
05/22/02 5,000 $42,500.00 UBS PAINEWEBBER INC
und ein gewisser Lack Walter (BOD) kauft...
Back to Transactions Overview
Transaction Detail
Name: LACK WALTER J
Title: Director
Remaining Shares: 212,504
Trade Date Transaction Quantity Price Value Share Type
05/17/02 Purchase 10,000 $9.98 $99,800 Common Stock
... und steckt derzeit damit auch mit 50% daneben...
hoffentlich nicht auch noch margin call für ihn!
Wenn das wahr ist mit Margin RRs ist er ziemlich bescheuert...
zwar hat er ein heftiges Gehalt und noch weitere zigtausend MVIS-shares, aber in diesen Mengen für <10$ abstoßen, und davor keine shares ist doch sehr eigenartig.
Vielleicht gibts ja auch ne überraschende Antwort auf diese Insidersells...???!!!
Back to Transactions Overview
Transaction Detail
Name: LACK WALTER J
Title: Director
Remaining Shares: 212,504
Trade Date Transaction Quantity Price Value Share Type
05/17/02 Purchase 10,000 $9.98 $99,800 Common Stock
... und steckt derzeit damit auch mit 50% daneben...
hoffentlich nicht auch noch margin call für ihn!
Wenn das wahr ist mit Margin RRs ist er ziemlich bescheuert...
zwar hat er ein heftiges Gehalt und noch weitere zigtausend MVIS-shares, aber in diesen Mengen für <10$ abstoßen, und davor keine shares ist doch sehr eigenartig.
Vielleicht gibts ja auch ne überraschende Antwort auf diese Insidersells...???!!!
ganz nüchtern betrachtet hat jmd, der seine eigenen Finanzen nicht im Griff hat, nichts an der Spitze einer Firma mit fast 30Mio$ Umsatz zu suchen...
...mir persönlich ist im frühjahr diesen Jahres (habe ich gepostet) die starke PR-Tätigkeit seitens MVIS aufgefallen... Klartext: man wollte stark steigende Kurse!
Die hat man nicht bekommen aufgrund miserablen Börsenklimas und short sells.
Haben sich enige schlimm verspekuliert, oder in den letzten Wochen gab es interne Komplikationen...
we will see...
...mir persönlich ist im frühjahr diesen Jahres (habe ich gepostet) die starke PR-Tätigkeit seitens MVIS aufgefallen... Klartext: man wollte stark steigende Kurse!
Die hat man nicht bekommen aufgrund miserablen Börsenklimas und short sells.
Haben sich enige schlimm verspekuliert, oder in den letzten Wochen gab es interne Komplikationen...
we will see...
Wednesday July 10, 6:01 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Awarded $1.9 Million NASA Development Contract for Virtual Cockpit Helmet Display
BOTHELL, Wash.--(BUSINESS WIRE)--July 10, 2002--Microvision, Inc. (Nasdaq:MVIS - News), announced it has been awarded a $1.9 million development contract with NASA Langley Research Center to deliver a prototype cockpit helmet display system for the Synthetic Vision Systems project.
The advanced display will support NASA research of a compact, low-power, lightweight display solution for existing and future air transport, business and general aviation aircraft. The contract award defines a prototype delivery within 12 months.
NASA is pursuing advanced technologies that reduce accident rates and improve aviation safety by eliminating low visibility conditions as a causal factor to civil aircraft accidents. Current flight deck head down display media is constrained by available cockpit space, while head up display media is constrained by horizontal and vertical field-of-view and the lack of full color capability.
"Reducing or eliminating controlled flight into terrain (CFIT) and runway incursion accidents is possible with a cost-effective, light weight, see-through display," said Gary Peterson, director of customer development for Microvision. "Microvision`s retinal scanning display (RSD) technology can enable the presentation of a navigationally-accurate picture of the outside scene based largely on a graphics rendition of a worldwide terrain, obstruction, and airport database throughout the pilot`s field of regard during all phases of flight."
Microvision`s technology -- which it describes as augmented vision -- uniquely supports the demanding display requirements for information fusion for commercial flight decks through its bright, day-light, see-through attributes and scalable resolution. The technology with head tracking uniquely meets the operational requirements of the flight deck by presenting needed display information (communication, navigation and weather information) to the pilot regardless of head position. The pilot can augment normal vision with critical flight data -- giving the pilot eyes `outside the cockpit`.
The expectation of this contract award was referenced in the Company`s first quarter earnings press release dated May 9, 2002
----------------------
Financial Strength
Current Ratio (mrq) 5.62
Debt/Equity (mrq) 0.01
Total Cash (mrq) $30.5M
----------------------
short interest
Jun. 14, 2002 1,396,776
+50k
----------------------
Total Shares Outstanding: 13,530,000
Earnings Per Share (EPS):** $ -2.64
Market Cap: $ 48,716,118
Press Release
SOURCE: Microvision, Inc.
Microvision Awarded $1.9 Million NASA Development Contract for Virtual Cockpit Helmet Display
BOTHELL, Wash.--(BUSINESS WIRE)--July 10, 2002--Microvision, Inc. (Nasdaq:MVIS - News), announced it has been awarded a $1.9 million development contract with NASA Langley Research Center to deliver a prototype cockpit helmet display system for the Synthetic Vision Systems project.
The advanced display will support NASA research of a compact, low-power, lightweight display solution for existing and future air transport, business and general aviation aircraft. The contract award defines a prototype delivery within 12 months.
NASA is pursuing advanced technologies that reduce accident rates and improve aviation safety by eliminating low visibility conditions as a causal factor to civil aircraft accidents. Current flight deck head down display media is constrained by available cockpit space, while head up display media is constrained by horizontal and vertical field-of-view and the lack of full color capability.
"Reducing or eliminating controlled flight into terrain (CFIT) and runway incursion accidents is possible with a cost-effective, light weight, see-through display," said Gary Peterson, director of customer development for Microvision. "Microvision`s retinal scanning display (RSD) technology can enable the presentation of a navigationally-accurate picture of the outside scene based largely on a graphics rendition of a worldwide terrain, obstruction, and airport database throughout the pilot`s field of regard during all phases of flight."
Microvision`s technology -- which it describes as augmented vision -- uniquely supports the demanding display requirements for information fusion for commercial flight decks through its bright, day-light, see-through attributes and scalable resolution. The technology with head tracking uniquely meets the operational requirements of the flight deck by presenting needed display information (communication, navigation and weather information) to the pilot regardless of head position. The pilot can augment normal vision with critical flight data -- giving the pilot eyes `outside the cockpit`.
The expectation of this contract award was referenced in the Company`s first quarter earnings press release dated May 9, 2002
----------------------
Financial Strength
Current Ratio (mrq) 5.62
Debt/Equity (mrq) 0.01
Total Cash (mrq) $30.5M
----------------------
short interest
Jun. 14, 2002 1,396,776
+50k
----------------------
Total Shares Outstanding: 13,530,000
Earnings Per Share (EPS):** $ -2.64
Market Cap: $ 48,716,118
Wenn wirklich der gewaltige Kurssturz ausgelöst wurde durch heftigste margin sells...
...und fundamental alles beim alten geblieben ist...
sind 3$ eine Riesenchance auf xxxx Gewinne...
...aber wer weiß das schon???
...und fundamental alles beim alten geblieben ist...
sind 3$ eine Riesenchance auf xxxx Gewinne...
...aber wer weiß das schon???
Microvision Awarded Army Contract to Design Flight-Capable Full-Color Helicopter Display
BOTHELL, Wash., Jul 12, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), announced today it has been awarded a $500,000 contract from the U.S. Army to develop a flight-capable full-color display -- based on the company`s Spectrum(TM) display system -- for demonstration on an Army helicopter.
The contract comes from the Army Aircrew Integrated Systems Product Office awarded through the Aviation Applied Technology Directorate (AATD), Fort Eustis, Virginia.
The contract calls for Microvision to integrate Microvision`s Spectrum display with the Force XXI Battle Command Brigade and Below (FBCB2) system to demonstrate an affordable solution to upgrading legacy aircraft to the modern digital battle space requirements. The FBCB2 forms the Army`s principal digital command and control system.
Microvision will integrate, test and loan to the government for evaluation a Spectrum color system for flight-testing in a UH-60L Blackhawk helicopter. The company expects to complete the required display ruggedization design and implement a flight demonstration at Fort Eustis, VA, within the next 12 months.
Spectrum is Microvision`s daylight-readable, full-color, see-through personal display. Microvision designed the display as an application development platform for select partners for use in advanced research and application studies. Spectrum uses Microvision`s proprietary scanning display technology and is configurable as a monocular (one eye), biocular (two eyes), or binocular (stereoscopic) display. The company recently sold a Spectrum system to the Cleveland Clinic for use in image-guided surgery.
The expectation of this contract award was referenced in the Company`s first-quarter earnings press release dated May 9, 2002.
BOTHELL, Wash., Jul 12, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), announced today it has been awarded a $500,000 contract from the U.S. Army to develop a flight-capable full-color display -- based on the company`s Spectrum(TM) display system -- for demonstration on an Army helicopter.
The contract comes from the Army Aircrew Integrated Systems Product Office awarded through the Aviation Applied Technology Directorate (AATD), Fort Eustis, Virginia.
The contract calls for Microvision to integrate Microvision`s Spectrum display with the Force XXI Battle Command Brigade and Below (FBCB2) system to demonstrate an affordable solution to upgrading legacy aircraft to the modern digital battle space requirements. The FBCB2 forms the Army`s principal digital command and control system.
Microvision will integrate, test and loan to the government for evaluation a Spectrum color system for flight-testing in a UH-60L Blackhawk helicopter. The company expects to complete the required display ruggedization design and implement a flight demonstration at Fort Eustis, VA, within the next 12 months.
Spectrum is Microvision`s daylight-readable, full-color, see-through personal display. Microvision designed the display as an application development platform for select partners for use in advanced research and application studies. Spectrum uses Microvision`s proprietary scanning display technology and is configurable as a monocular (one eye), biocular (two eyes), or binocular (stereoscopic) display. The company recently sold a Spectrum system to the Cleveland Clinic for use in image-guided surgery.
The expectation of this contract award was referenced in the Company`s first-quarter earnings press release dated May 9, 2002.
Das war klar & notwendig:
Microvision Reduces Operating Expenses by $2 Million Per
Quarter; Cash Savings Will Reduce the Amount of New Capital
Required to Support Future Operations
BOTHELL, Wash., Jul 15, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in
light scanning technologies, today announced that it has taken steps to reduce operating
expense by up to $2 million per quarter beginning in the current quarter.
Over the next 18 months the Company expects to save $10 to $12 million, thereby extending
the useful life of current cash balances and substantially reducing the amount of new capital
that the company may need to raise during that time. The reduced operating costs will also
significantly reduce the total amount of revenue required for the company to achieve profitable
operations.
The cost reductions are spread across the organization and included consolidation of certain
positions and elimination of others, resulting in a modest workforce reduction of 14 people. The
Company currently employs 179 full time employees.
"Given the difficult conditions prevailing in the capital markets, we believe the most prudent
course of action for the company is to reduce our rate of spending and focus on cash flow
considerations without compromising our key technical and business goals," said Microvision CEO
Rick Rutkowski. "We believe that we are in a position to do this, because in the last six months
we have achieved meaningful productivity gains in several areas, including R&D. We have
achieved important technical milestones and have demonstrated generally increased momentum
in technology development.
Our major product initiatives in both display and bar code scanning systems continue to be well
funded. Work on the next generation of the Nomad Personal Display for a U.S. military
customer is currently partially funded from existing contracts, and we believe we may be
successful in securing additional contracts to cover the remaining amount. During the last two
quarters we have also been awarded development contracts, by commercial partners, which
have provided funding for our work in the automotive and microdisplay areas. We continue to
target such commercial development contracts to fund our advanced products and are
optimistic that we could see continued growth in this area of our business.
Despite difficult capital markets, this is an exciting time in the Company`s development and
prospects for our products and technology remain strong."
The company, including its subsidiary Lumera, reported that it had $30.4 million in cash, cash
equivalents and investment securities as of the quarter ending March 31, 2002. While the
Company has not yet reported its final second quarter financial results, the Company indicated
in a June 13, 2002 press release that it expects its net loss per share to improve substantially
over the first quarter loss of $(.62) per share.
----------------------------------------
Man sieht wie hochbezahlt ein Job bei Microvision ist...
Man kann sich vorstellen welchen Ärger es intern gegeben haben muß...
Man kann sich vorstellen wie die Gefeuerten drauf sind...
Man wird dieses Jahr wohl ohne zusätzliches Kapital auskommen, Wachstum kann uU eingeschränkt werden.
Die Zeiten, mal kurz 50Mio$ an der Börse zu holen sind eben vorbei...
Microvision Reduces Operating Expenses by $2 Million Per
Quarter; Cash Savings Will Reduce the Amount of New Capital
Required to Support Future Operations
BOTHELL, Wash., Jul 15, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in
light scanning technologies, today announced that it has taken steps to reduce operating
expense by up to $2 million per quarter beginning in the current quarter.
Over the next 18 months the Company expects to save $10 to $12 million, thereby extending
the useful life of current cash balances and substantially reducing the amount of new capital
that the company may need to raise during that time. The reduced operating costs will also
significantly reduce the total amount of revenue required for the company to achieve profitable
operations.
The cost reductions are spread across the organization and included consolidation of certain
positions and elimination of others, resulting in a modest workforce reduction of 14 people. The
Company currently employs 179 full time employees.
"Given the difficult conditions prevailing in the capital markets, we believe the most prudent
course of action for the company is to reduce our rate of spending and focus on cash flow
considerations without compromising our key technical and business goals," said Microvision CEO
Rick Rutkowski. "We believe that we are in a position to do this, because in the last six months
we have achieved meaningful productivity gains in several areas, including R&D. We have
achieved important technical milestones and have demonstrated generally increased momentum
in technology development.
Our major product initiatives in both display and bar code scanning systems continue to be well
funded. Work on the next generation of the Nomad Personal Display for a U.S. military
customer is currently partially funded from existing contracts, and we believe we may be
successful in securing additional contracts to cover the remaining amount. During the last two
quarters we have also been awarded development contracts, by commercial partners, which
have provided funding for our work in the automotive and microdisplay areas. We continue to
target such commercial development contracts to fund our advanced products and are
optimistic that we could see continued growth in this area of our business.
Despite difficult capital markets, this is an exciting time in the Company`s development and
prospects for our products and technology remain strong."
The company, including its subsidiary Lumera, reported that it had $30.4 million in cash, cash
equivalents and investment securities as of the quarter ending March 31, 2002. While the
Company has not yet reported its final second quarter financial results, the Company indicated
in a June 13, 2002 press release that it expects its net loss per share to improve substantially
over the first quarter loss of $(.62) per share.
----------------------------------------
Man sieht wie hochbezahlt ein Job bei Microvision ist...
Man kann sich vorstellen welchen Ärger es intern gegeben haben muß...
Man kann sich vorstellen wie die Gefeuerten drauf sind...
Man wird dieses Jahr wohl ohne zusätzliches Kapital auskommen, Wachstum kann uU eingeschränkt werden.
Die Zeiten, mal kurz 50Mio$ an der Börse zu holen sind eben vorbei...
Meine Intuition sagt mir, dass man mit dieser Meldung Flic-Verzögerungen und schwache Nomad-sells erklären wird...
revenue-guide für Q2 war bekanntlich sehr positiv...
ob man auf 25-27 Mio$ für 2002 kommen wird?
NOMAD & Flic weiß man gar nichts, und das ist scheiße...
revenue-guide für Q2 war bekanntlich sehr positiv...
ob man auf 25-27 Mio$ für 2002 kommen wird?
NOMAD & Flic weiß man gar nichts, und das ist scheiße...
Hallo Michael,
ist das hier dein privater thread??
Flic wird schon noch kommen. Das Problem ist doch, dass MVIS noch Cash benötigt und auf derzeitigem Level ist es schwierig mit einer Kapitalerhöhung. Rick ist ja bei der letzten Konferenz auf die verschiedenen Szenarien eingegangen. Wichtig ist, dass es weiterhin Enwicklungsverträge mit der Army, NASA und anderen Firmen gibt.
gruß, putzkolonne
(immer sauber bleiben!)
ist das hier dein privater thread??
Flic wird schon noch kommen. Das Problem ist doch, dass MVIS noch Cash benötigt und auf derzeitigem Level ist es schwierig mit einer Kapitalerhöhung. Rick ist ja bei der letzten Konferenz auf die verschiedenen Szenarien eingegangen. Wichtig ist, dass es weiterhin Enwicklungsverträge mit der Army, NASA und anderen Firmen gibt.
gruß, putzkolonne
(immer sauber bleiben!)
Ja, ist mein MVIS-Tageuch.
Bist Du im Besitz von MVIS-Aktien?
Klar, derzeit ist eine Kapitalerhöhung schwachsinnig, deshalb Kostenreduktion.
Flic kommt, aber wohl mal wieder später, evtl sind die entsprechenden Köpfe gerollt.
NOMAD befindet sich IMHO immer noch auf Werbetour, 12000$ für ein display will und wird niemand zahlen. Insofern finde ich es irrsinnig von Rick, mehrfach eine Prognose von 1000 NOMADs abzugeben für 2002.
---------------
Hier ein detallierter Bericht über NOMAD-Versuche:
Microvision`s Nomad Personal Display System Increases Precision Measurement Efficiency by more than 50% in Boeing Field Trial
EVERETT, Wash., Jul 16, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leading provider of light scanning technologies for personal display products, announced today at the annual Coordinate Measurement Systems Committee (CMSC) conference in Warwick, Rhode Island, the results of a field trial test with Boeing Commercial Airplanes (NYSE: BA).
Integrated with a Leica Laser Tracker and FARO coordinate measurement arm, the Nomad Personal Display System was used in a trial for precision measurement and placement of parts at Boeing`s wide body manufacturing facility in Everett, Washington. The see-through, head-worn Nomad Personal Display System allows users to display critical information while maintaining visual contact with their work space. Technicians were able to locate precise parts positions more than 50% faster, while maintaining the same accuracy, using the Nomad System when compared to the existing procedure, which involves turning to view a remote computer monitor.
Current procedures in important airframe measurement tests include laser trackers to measure large objects and spaces to an accuracy of less than one thousandth of an inch. Technicians using a handheld Spherical Mounted Reflector (SMR) can zero in on a precise location by viewing three-dimensional coordinates displayed on the tracker computer monitor and moving the SMR until x, y and z are within an acceptable range. However, due to the size of the laser tracker control systems, the computer monitor is often located behind or to the side of the technician. As a result, the current procedure means the technician has to turn his head frequently to read the coordinates on the distant monitor. During an eight-hour work shift this awkward work position can cause sore necks and shoulders and a decrease in overall productivity.
Using the Nomad Personal Display System in the Boeing test, the technician was able to locate two points more than 10 feet apart without turning his head to see the coordinates on the computer monitor. The Nomad System provided all the necessary electronic data directly in the technician`s field of view. With full see-through, head-up situational awareness, the technician could realize `augmented vision`, the ability to focus on the position of the SMR while viewing the changing electronic data coordinates at the same time.
When the 50% savings are multiplied times a typical 70 points per assembly the total return on investment would be substantial and could pay for the cost of the Nomad System in a matter of months. Equally important was the potential to improve worker satisfaction with the realized ergonomic improvement.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. At a suggested MSRP of $12,000, this unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere About Microvision Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the proprietary Retinal Scanning Display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc. Additional information can be found about Microvision at the company`s Web site at http://www.microvision.com.
--------------
Klartext aber auch: NOMAD verursacht keinen Schwindel, man kann stundenlang damit arbeiten und fühlt sich dabei wohl. 100% funktionstüchtig, und in absehbarer Zeit die selbe Technik, nur Miniatur, in handys, Camcorder, uvm...
Bist Du im Besitz von MVIS-Aktien?
Klar, derzeit ist eine Kapitalerhöhung schwachsinnig, deshalb Kostenreduktion.
Flic kommt, aber wohl mal wieder später, evtl sind die entsprechenden Köpfe gerollt.
NOMAD befindet sich IMHO immer noch auf Werbetour, 12000$ für ein display will und wird niemand zahlen. Insofern finde ich es irrsinnig von Rick, mehrfach eine Prognose von 1000 NOMADs abzugeben für 2002.
---------------
Hier ein detallierter Bericht über NOMAD-Versuche:
Microvision`s Nomad Personal Display System Increases Precision Measurement Efficiency by more than 50% in Boeing Field Trial
EVERETT, Wash., Jul 16, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leading provider of light scanning technologies for personal display products, announced today at the annual Coordinate Measurement Systems Committee (CMSC) conference in Warwick, Rhode Island, the results of a field trial test with Boeing Commercial Airplanes (NYSE: BA).
Integrated with a Leica Laser Tracker and FARO coordinate measurement arm, the Nomad Personal Display System was used in a trial for precision measurement and placement of parts at Boeing`s wide body manufacturing facility in Everett, Washington. The see-through, head-worn Nomad Personal Display System allows users to display critical information while maintaining visual contact with their work space. Technicians were able to locate precise parts positions more than 50% faster, while maintaining the same accuracy, using the Nomad System when compared to the existing procedure, which involves turning to view a remote computer monitor.
Current procedures in important airframe measurement tests include laser trackers to measure large objects and spaces to an accuracy of less than one thousandth of an inch. Technicians using a handheld Spherical Mounted Reflector (SMR) can zero in on a precise location by viewing three-dimensional coordinates displayed on the tracker computer monitor and moving the SMR until x, y and z are within an acceptable range. However, due to the size of the laser tracker control systems, the computer monitor is often located behind or to the side of the technician. As a result, the current procedure means the technician has to turn his head frequently to read the coordinates on the distant monitor. During an eight-hour work shift this awkward work position can cause sore necks and shoulders and a decrease in overall productivity.
Using the Nomad Personal Display System in the Boeing test, the technician was able to locate two points more than 10 feet apart without turning his head to see the coordinates on the computer monitor. The Nomad System provided all the necessary electronic data directly in the technician`s field of view. With full see-through, head-up situational awareness, the technician could realize `augmented vision`, the ability to focus on the position of the SMR while viewing the changing electronic data coordinates at the same time.
When the 50% savings are multiplied times a typical 70 points per assembly the total return on investment would be substantial and could pay for the cost of the Nomad System in a matter of months. Equally important was the potential to improve worker satisfaction with the realized ergonomic improvement.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. At a suggested MSRP of $12,000, this unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere About Microvision Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the proprietary Retinal Scanning Display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has application in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc. Additional information can be found about Microvision at the company`s Web site at http://www.microvision.com.
--------------
Klartext aber auch: NOMAD verursacht keinen Schwindel, man kann stundenlang damit arbeiten und fühlt sich dabei wohl. 100% funktionstüchtig, und in absehbarer Zeit die selbe Technik, nur Miniatur, in handys, Camcorder, uvm...
Ja, ich bin stolzer Besitzer einiger MVIS-Aktien. Im April 2000 habe ich das erste mal gekauft. Ziemlich dämlich was??
12000 ist schon ein stolzer Preis für ein Display. Aber die Frage ist doch, ob Nomad einen signifikanten Vorteil für den Anwender bietet.
Wenn ich mir ein Flugzeug für eine halbe Million kaufe, fallen 12000 Dollar auch nicht mehr ins Gewicht.
Oder der Bericht heute über den Nomad-Feldversuch. Falls Boeing dadurch tatsächlich viel Arbeitszeit einsparen kann und nur dieses HMD den Zweck erfüllt, dann werden sie es kaufen. Was die 1000 Nomads angeht: Keine Ahnung. Vielleicht hat Rick schon ein paar inoffizielle Bestellungen.
Gruß, Jochen
12000 ist schon ein stolzer Preis für ein Display. Aber die Frage ist doch, ob Nomad einen signifikanten Vorteil für den Anwender bietet.
Wenn ich mir ein Flugzeug für eine halbe Million kaufe, fallen 12000 Dollar auch nicht mehr ins Gewicht.
Oder der Bericht heute über den Nomad-Feldversuch. Falls Boeing dadurch tatsächlich viel Arbeitszeit einsparen kann und nur dieses HMD den Zweck erfüllt, dann werden sie es kaufen. Was die 1000 Nomads angeht: Keine Ahnung. Vielleicht hat Rick schon ein paar inoffizielle Bestellungen.
Gruß, Jochen
Hab Februar 2000 erste MVIS gekauft, teilweise (zum Glück) auch getradet. Bei diesen Preisen kann man sehr stark verbilligen...
Ich denke Rick hat bei der Angabe der 1000 Nomads sehr stark auf Q4 spekuliert, wenn z.B Boeing kauft werden die nicht nur 10 Stück auf einmal kaufen...
Flic soll angeblich der Hit sein, aber wird nicht gelauncht...
vor einem Bankrott habe ich keine Angst.
Wo informierst Du Dich und wie bisr Du aufmerksam geworden auf MVIS?
Was hälst Du von dem Theater auf yahoo.com?
Gruß Michael
Ich denke Rick hat bei der Angabe der 1000 Nomads sehr stark auf Q4 spekuliert, wenn z.B Boeing kauft werden die nicht nur 10 Stück auf einmal kaufen...
Flic soll angeblich der Hit sein, aber wird nicht gelauncht...
vor einem Bankrott habe ich keine Angst.
Wo informierst Du Dich und wie bisr Du aufmerksam geworden auf MVIS?
Was hälst Du von dem Theater auf yahoo.com?
Gruß Michael
Tja, wie bin ich an ausgerechnet an MVIS geraten?
Ich habe mir überlegt welche Produkte zukunftsträchtig sind und da sind mir Microdisplays eingefallen. Dann habe ich das Internet nach solchen Firmen durchforstet und bin schließlich bei mvis.com gelandet. Die Technologie dahinter begeistert mich nach wie vor.
Die wirklich wichtigen Informationen kommen ja als PR oder beim ConferenceCall. Wegen Ricks Aktienverkäufen habe ich auch mal an die IR-Abteilung geschrieben. Die Antwort (Margin-Calls) kam zwei Tage später.
Das Yahoo-Board muss man ja nicht alles lesen. Alternativ gibt es auch noch das Yahoo-Club-Board und ein Board bei SiliconInvestor. Da gibt es zwar nicht so viele, dafür aber gehaltvollere Beiträge.
Jochen
PS: Bin jetzt zwei Wochen im Urlaub. GoMVIS!!!
Ich habe mir überlegt welche Produkte zukunftsträchtig sind und da sind mir Microdisplays eingefallen. Dann habe ich das Internet nach solchen Firmen durchforstet und bin schließlich bei mvis.com gelandet. Die Technologie dahinter begeistert mich nach wie vor.
Die wirklich wichtigen Informationen kommen ja als PR oder beim ConferenceCall. Wegen Ricks Aktienverkäufen habe ich auch mal an die IR-Abteilung geschrieben. Die Antwort (Margin-Calls) kam zwei Tage später.
Das Yahoo-Board muss man ja nicht alles lesen. Alternativ gibt es auch noch das Yahoo-Club-Board und ein Board bei SiliconInvestor. Da gibt es zwar nicht so viele, dafür aber gehaltvollere Beiträge.
Jochen
PS: Bin jetzt zwei Wochen im Urlaub. GoMVIS!!!
Jetzt hat man die Scheiße... muß man wohl jeden Monat 1 Mio neuer Aktien ausgeben...
Microvision Completes $3 Million Private Equity Placement
BOTHELL, Wash., Jul 23, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that is has completed a $3 million equity placement, consisting of common stock and common stock purchase warrants.
The offering consisted of 937,500 shares of registered common stock and 234,375 shares of common stock purchase warrants exercisable at $4.80 per share through July 22, 2007. The shares were offered under a shelf registration, which allows the Company to issue up to $20 million of various types of securities. The Company now has $15.9 remaining under its shelf registration. Two institutional investors participated in the placement.
"Maintaining a strong balance sheet has been -- and will continue to be -- a core strategy for the Company," said Microvision CEO Rick Rutkowski. "We believe that raising a modest amount of capital, combined with our recent cost reductions of $2 million per quarter, is prudent given the current adverse market conditions. With a reduced cash burn and the availability under the shelf registration, we have the flexibility to raise smaller amounts of capital to fund our future operations. We have a good track record of raising capital, even during difficult market conditions, and we continue to be very excited about our growth prospects."
-------------------
Microvision Completes $3 Million Private Equity Placement
BOTHELL, Wash., Jul 23, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that is has completed a $3 million equity placement, consisting of common stock and common stock purchase warrants.
The offering consisted of 937,500 shares of registered common stock and 234,375 shares of common stock purchase warrants exercisable at $4.80 per share through July 22, 2007. The shares were offered under a shelf registration, which allows the Company to issue up to $20 million of various types of securities. The Company now has $15.9 remaining under its shelf registration. Two institutional investors participated in the placement.
"Maintaining a strong balance sheet has been -- and will continue to be -- a core strategy for the Company," said Microvision CEO Rick Rutkowski. "We believe that raising a modest amount of capital, combined with our recent cost reductions of $2 million per quarter, is prudent given the current adverse market conditions. With a reduced cash burn and the availability under the shelf registration, we have the flexibility to raise smaller amounts of capital to fund our future operations. We have a good track record of raising capital, even during difficult market conditions, and we continue to be very excited about our growth prospects."
-------------------
Microvision and Silicon Graphics Announce Co-Marketing Relationship; Companies See Opportunity for Delivering High-End Mobile Visualization Solutions
BOTHELL, Wash., Jul 23, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays today announced that it has entered into a co-marketing relationship with Silicon Graphics, Inc., a world leader in high-performance computing, visualization, and the management of complex data.
The two companies stated that they would collaborate on solutions that combine SGI(R) Visual Area Network (VAN) computing capabilities with Microvision`s high-performance retinal scanning displays, including the recently released Nomad(TM) Personal Display System. SGI and Microvision will demonstrate the Nomad System connected to a Visual Area Network and SGI(R) Onyx(R) family visual supercomputer at the SIGGRAPH conference and exhibition in San Antonio, Texas, July 23-25 in the SGI booth #13063. Soon after the exhibition, the companies expect to finalize a co-marketing agreement.
The collaboration between the two companies means that users can access large, complex graphic applications anywhere in the world, literally "at the edge of the network." Visual Area Networking puts high-performance visualization and graphics rendering power into the hands of surgeons, scientists, engineers, and creative professionals, no matter where they are. Whether performing mechanical analysis, petroleum exploration, or medical research, desktop users and geographically dispersed teams can function as a single, interactive group to solve larger, more complex problems.
The two companies plan to capture a rapidly emerging marketplace that needs advanced visualization technology delivered to larger numbers of people, no matter their location. For example, with the combined SGI and Microvision offering, engineers and other professionals no longer need to be tethered to a desktop workstation. Their most complex simulations and visualizations could be viewed anywhere in the world via Microvision`s portable head-worn or handheld high-resolution personal displays.
Visual Area Networking is driven by two core technologies developed by SGI: the SGI Onyx family of visualization systems and breakthrough collaborative software called OpenGL Vizserver(TM) 3.0. SGI Onyx family systems generate complex 3D graphics, rich 2D imagery, and superior high-resolution video for the world`s fastest, most realistic visualization. OpenGL Vizserver 3.0 enables that visualization to be distributed to virtually any client device, independent of platform and operating system.
"We`re excited about our relationship with SGI," stated Tom Sanko, vice president of marketing for Microvision. "SGI`s vision for the Visual Area Network is to enable universal access to advanced visualization using any computing device, over standard networks. Wearing or holding a Microvision-enabled high-resolution display will allow users to interact individually with complex data rendered graphically from supercomputers or as part of a collaborative community of users, anywhere in the world. We believe we`ll find an enthusiastic marketplace for many applications, including medical and scientific research, oil and gas exploration, automotive and aerospace design, and defense and intelligence. With the Nomad System, the user will have the additional advantage of being able to see the displayed images in any lighting condition, including bright sunlight, and will maintain full situational awareness with the Nomad System`s see-through capability."
"Today, the combination of advanced networks and increasingly powerful hardware and software open up visualization in ways never before possible," said Michael Brown, advanced visualization product marketing manager for SGI. "With Microvision`s high-resolution mobile display technology and SGI`s Visual Area Networking solutions, users can realize the potential for viewing content rich data and graphics for technical and creative applications anywhere. We look forward to pursuing a host of opportunities with Microvision, anywhere users need access to complex data and graphics at the point of task."
BOTHELL, Wash., Jul 23, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays today announced that it has entered into a co-marketing relationship with Silicon Graphics, Inc., a world leader in high-performance computing, visualization, and the management of complex data.
The two companies stated that they would collaborate on solutions that combine SGI(R) Visual Area Network (VAN) computing capabilities with Microvision`s high-performance retinal scanning displays, including the recently released Nomad(TM) Personal Display System. SGI and Microvision will demonstrate the Nomad System connected to a Visual Area Network and SGI(R) Onyx(R) family visual supercomputer at the SIGGRAPH conference and exhibition in San Antonio, Texas, July 23-25 in the SGI booth #13063. Soon after the exhibition, the companies expect to finalize a co-marketing agreement.
The collaboration between the two companies means that users can access large, complex graphic applications anywhere in the world, literally "at the edge of the network." Visual Area Networking puts high-performance visualization and graphics rendering power into the hands of surgeons, scientists, engineers, and creative professionals, no matter where they are. Whether performing mechanical analysis, petroleum exploration, or medical research, desktop users and geographically dispersed teams can function as a single, interactive group to solve larger, more complex problems.
The two companies plan to capture a rapidly emerging marketplace that needs advanced visualization technology delivered to larger numbers of people, no matter their location. For example, with the combined SGI and Microvision offering, engineers and other professionals no longer need to be tethered to a desktop workstation. Their most complex simulations and visualizations could be viewed anywhere in the world via Microvision`s portable head-worn or handheld high-resolution personal displays.
Visual Area Networking is driven by two core technologies developed by SGI: the SGI Onyx family of visualization systems and breakthrough collaborative software called OpenGL Vizserver(TM) 3.0. SGI Onyx family systems generate complex 3D graphics, rich 2D imagery, and superior high-resolution video for the world`s fastest, most realistic visualization. OpenGL Vizserver 3.0 enables that visualization to be distributed to virtually any client device, independent of platform and operating system.
"We`re excited about our relationship with SGI," stated Tom Sanko, vice president of marketing for Microvision. "SGI`s vision for the Visual Area Network is to enable universal access to advanced visualization using any computing device, over standard networks. Wearing or holding a Microvision-enabled high-resolution display will allow users to interact individually with complex data rendered graphically from supercomputers or as part of a collaborative community of users, anywhere in the world. We believe we`ll find an enthusiastic marketplace for many applications, including medical and scientific research, oil and gas exploration, automotive and aerospace design, and defense and intelligence. With the Nomad System, the user will have the additional advantage of being able to see the displayed images in any lighting condition, including bright sunlight, and will maintain full situational awareness with the Nomad System`s see-through capability."
"Today, the combination of advanced networks and increasingly powerful hardware and software open up visualization in ways never before possible," said Michael Brown, advanced visualization product marketing manager for SGI. "With Microvision`s high-resolution mobile display technology and SGI`s Visual Area Networking solutions, users can realize the potential for viewing content rich data and graphics for technical and creative applications anywhere. We look forward to pursuing a host of opportunities with Microvision, anywhere users need access to complex data and graphics at the point of task."
und das gehört auch noch dazu...
Silicon Graphics brings terrain into ultra-sharp focus
Technology has medical, industrial, military uses
Benjamin Pimentel, Chronicle Staff Writer Monday, July 22, 2002
--------------------------------------------------------------------------------
For scientist Eng Lim Goh, a key component of homeland security is enabling those on the front lines of the war on terror to see as much as they possibly can.
Silicon Graphics` chief technology officer stressed this point on a recent morning as he held a slick-looking head contraption with an eye-piece that looks like something straight out of an Arnold Schwarzenegger movie.
Called a retinal scanner, the device can stream 3-D images of an area, giving the user -- a soldier or rescuer -- a detailed view of his surroundings.
"He sees the real world and the virtual world side by side," Goh said at the company`s briefing center in Mountain View. "Quick, accurate decision- making is the game here. So it`s applicable to homeland security."
The retinal scanner, manufactured by Microvision, a Washington company, forms part of Silicon Graphics` new technology, called Visual Area Network.
At the heart of this system, to be showcased at an international conference on computer graphics in Texas later this month, is Infinite Reality 4, the Mountain View technology company`s sophisticated graphics board.
Silicon Graphics introduced the technology about six years ago with Infinite Reality 1, Goh said.
While the original board can hold 16 to 24 megabytes of images, the newest version can go up to 1 gigabyte.
Such capacity allows for the creation of detailed images that can be controlled in real time.
Michael Brown, Silicon Graphics` advanced graphics marketing team manager, said the company`s system allows for a deep, comprehensive view of a place or an object. He noted that while an average human eye can see more than 9 million pixels of information, Infinite Reality 4 can generate images as large as 130 million pixels.
"You can create an environment where everybody in the group can focus on very specific details," he said.
The technology has been used to create detailed 3-D images of various kinds of terrain, including downtown Los Angeles.
Goh said the images can be viewed and controlled in real time, and the technology allows the viewer to "discern very fine details." It has been used for medical and industrial purposes.
The technology can also be used by the military to prepare for missions or for actual operations by allowing commanders to verify the positions of forces and understand the terrain.
"The quality of the pictures is close enough for very realistic training," he said.
The images can also be sent to forces on the ground through a system called visual serving, using a retinal scanner that includes a portable PC worn on a belt.
When connected to the network, for example, a soldier can get an internal view of a building before entering, Goh said. Using a mouse, he can also control the images.
Goh said that within the next two years, he expects the technology to be incorporated into a cell phone.
The U.S. military is currently evaluating the system, he added.
Technology has played an increasingly large role in the U.S. military, despite some questions about the reliability of highly technical systems in warfare.
"If the visual is realistic and of high fidelity, then less mistakes are made," Goh said. "That is our hope."
Chris Hellman, a senior analyst with the Center for Defense Information, a Washington think tank, said technology has given the United States a valuable edge.
"In military operations, clearly, technology is what gives the U.S. military an advantage in the modern battlefield," he said.
"You can conduct operations at a very technologically primitive level," he added. "But technology is the force multiplier. Real time data link allows us to do things that 10 years ago weren`t imaginable."
E-mail Benjamin Pimentel at bpimentel@sfchronicle.com
Silicon Graphics brings terrain into ultra-sharp focus
Technology has medical, industrial, military uses
Benjamin Pimentel, Chronicle Staff Writer Monday, July 22, 2002
--------------------------------------------------------------------------------
For scientist Eng Lim Goh, a key component of homeland security is enabling those on the front lines of the war on terror to see as much as they possibly can.
Silicon Graphics` chief technology officer stressed this point on a recent morning as he held a slick-looking head contraption with an eye-piece that looks like something straight out of an Arnold Schwarzenegger movie.
Called a retinal scanner, the device can stream 3-D images of an area, giving the user -- a soldier or rescuer -- a detailed view of his surroundings.
"He sees the real world and the virtual world side by side," Goh said at the company`s briefing center in Mountain View. "Quick, accurate decision- making is the game here. So it`s applicable to homeland security."
The retinal scanner, manufactured by Microvision, a Washington company, forms part of Silicon Graphics` new technology, called Visual Area Network.
At the heart of this system, to be showcased at an international conference on computer graphics in Texas later this month, is Infinite Reality 4, the Mountain View technology company`s sophisticated graphics board.
Silicon Graphics introduced the technology about six years ago with Infinite Reality 1, Goh said.
While the original board can hold 16 to 24 megabytes of images, the newest version can go up to 1 gigabyte.
Such capacity allows for the creation of detailed images that can be controlled in real time.
Michael Brown, Silicon Graphics` advanced graphics marketing team manager, said the company`s system allows for a deep, comprehensive view of a place or an object. He noted that while an average human eye can see more than 9 million pixels of information, Infinite Reality 4 can generate images as large as 130 million pixels.
"You can create an environment where everybody in the group can focus on very specific details," he said.
The technology has been used to create detailed 3-D images of various kinds of terrain, including downtown Los Angeles.
Goh said the images can be viewed and controlled in real time, and the technology allows the viewer to "discern very fine details." It has been used for medical and industrial purposes.
The technology can also be used by the military to prepare for missions or for actual operations by allowing commanders to verify the positions of forces and understand the terrain.
"The quality of the pictures is close enough for very realistic training," he said.
The images can also be sent to forces on the ground through a system called visual serving, using a retinal scanner that includes a portable PC worn on a belt.
When connected to the network, for example, a soldier can get an internal view of a building before entering, Goh said. Using a mouse, he can also control the images.
Goh said that within the next two years, he expects the technology to be incorporated into a cell phone.
The U.S. military is currently evaluating the system, he added.
Technology has played an increasingly large role in the U.S. military, despite some questions about the reliability of highly technical systems in warfare.
"If the visual is realistic and of high fidelity, then less mistakes are made," Goh said. "That is our hope."
Chris Hellman, a senior analyst with the Center for Defense Information, a Washington think tank, said technology has given the United States a valuable edge.
"In military operations, clearly, technology is what gives the U.S. military an advantage in the modern battlefield," he said.
"You can conduct operations at a very technologically primitive level," he added. "But technology is the force multiplier. Real time data link allows us to do things that 10 years ago weren`t imaginable."
E-mail Benjamin Pimentel at bpimentel@sfchronicle.com
Insiderbuy Lack Walter (BOD) 110000 shares innerhalb der letzten 30 Tage
www.nasdaq.com
www.nasdaq.com
Muß hier jetzt auch mal meinen Senf dazu abgeben:
Auf MVIS wurde ich etwa 1997 aufmerksam, und zwar durch eigene Recherche. Ich suchte damals ein passendes Investment für den meiner Meinung nach zukunftsträchtigen Bereich Virtual Reality. Ich hatte jedoch kein Vetrauen in mein eigenes Ergebnis (ich konnte doch nicht ganz allein eine neue Microsoft entdeckt haben) und habe dann alles sein lassen.
In den letzten Wochen habe ich dann ein Buch von Ray Kurzweil (Erfinder, Computerexperte und Autor, der mit seinen bisherigen Voraussagen eine erstaunlich hohe Trefferquote hatte) gelesen.
Das Buch heisst "Homo sapiens. Leben im 21.Jahrhundert".Im letzten Drittel geht es im 10-Jahrestakt um die weitere Entwicklung ab 1999 (davor etwas trocken und theoretisch).
Und worauf stoße ich da im Jahr 2009, auf das VRD einer Firma Microvision, das sich in der Zwischenzeit zum absoluten und allgegenwärtigen Standardprodukt entwickelt hat. Ein paar Seiten später erwähnt er auch die Marktkapitalisierung eines Unternehmens westlich des Missisippi und nördlich der Mason-Dixon-Linie (was kann das nur sein???).
Daraufhin habe ich mir dann mal wieder "meine" Entdeckung angeschaut, und siehe da, der Kurs steht mittlerweile bei lausigen 3 Dollar - ich bin einige Tage später eingestiegen (für alle, die mich jetzt für diesen Einstiegskurs beneiden - auch ich habe in den letzten 2 Jahren bei meinen anderen Werten Prügel bekommen!).
Also, dann bis in spätestens 7 Jahren, wenn jeder mit einem Nomad oder Spectrum rumläuft.
Gruß,
Kowloon
P.S. Die Mason-Dixon-Linie ist eine uralte Grenze zwischen Maryland und Pennsylvania!
Auf MVIS wurde ich etwa 1997 aufmerksam, und zwar durch eigene Recherche. Ich suchte damals ein passendes Investment für den meiner Meinung nach zukunftsträchtigen Bereich Virtual Reality. Ich hatte jedoch kein Vetrauen in mein eigenes Ergebnis (ich konnte doch nicht ganz allein eine neue Microsoft entdeckt haben) und habe dann alles sein lassen.
In den letzten Wochen habe ich dann ein Buch von Ray Kurzweil (Erfinder, Computerexperte und Autor, der mit seinen bisherigen Voraussagen eine erstaunlich hohe Trefferquote hatte) gelesen.
Das Buch heisst "Homo sapiens. Leben im 21.Jahrhundert".Im letzten Drittel geht es im 10-Jahrestakt um die weitere Entwicklung ab 1999 (davor etwas trocken und theoretisch).
Und worauf stoße ich da im Jahr 2009, auf das VRD einer Firma Microvision, das sich in der Zwischenzeit zum absoluten und allgegenwärtigen Standardprodukt entwickelt hat. Ein paar Seiten später erwähnt er auch die Marktkapitalisierung eines Unternehmens westlich des Missisippi und nördlich der Mason-Dixon-Linie (was kann das nur sein???).
Daraufhin habe ich mir dann mal wieder "meine" Entdeckung angeschaut, und siehe da, der Kurs steht mittlerweile bei lausigen 3 Dollar - ich bin einige Tage später eingestiegen (für alle, die mich jetzt für diesen Einstiegskurs beneiden - auch ich habe in den letzten 2 Jahren bei meinen anderen Werten Prügel bekommen!).
Also, dann bis in spätestens 7 Jahren, wenn jeder mit einem Nomad oder Spectrum rumläuft.
Gruß,
Kowloon
P.S. Die Mason-Dixon-Linie ist eine uralte Grenze zwischen Maryland und Pennsylvania!
Hi,
weiß jemand von euch, wie lange die Patente von MVIS noch geschützt sind?
In der Pharmabranche laufen Patente 10 Jahre, danach können die Medikamente nachgemacht werden - ist das bei Technologie ähnlich?
Gruß,
Kowloon
weiß jemand von euch, wie lange die Patente von MVIS noch geschützt sind?
In der Pharmabranche laufen Patente 10 Jahre, danach können die Medikamente nachgemacht werden - ist das bei Technologie ähnlich?
Gruß,
Kowloon
Microvision Readies Low Cost Hand-Held Bar Code Laser Scanner For Commercial Launch
BOTHELL, Wash., Aug 8, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that its Imaging Solutions Group will formally introduce the Flic(TM) hand-held bar code laser scanner at Frontline Solutions Exposition, September 23 thru 26, 2002, in Chicago, Illinois.
Following the successful completion of a run of pilot units and field-testing during the current quarter, the company plans to make its first shipments of pre-production units to customers in the weeks ahead, and to ramp up to volume production in the fourth quarter.
According to Tom Sanko, vice president of marketing for Microvision, the palm-sized scanner -- branded as Flic(TM) -- offers a combination of scanning performance, ease of use and low cost that is unique in the industry. With an MSRP of $129, Flic will also come with free software that will enable even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without any of the programming and support requirements common to today`s bar code reading products. The highly innovative "virtual wedge" software automatically enters scanned bar code data into standard Windows(R) applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use. The company will also offer a variety of accessories that support the product`s ability to be used in diverse operating environments.
"We are positioning the Flic bar code laser scanner to fill a growing need in this $1 billion a year market," Sanko stated. "The Flic bar code laser scanner is a product that offers a unique combination of great performance and ergonomics at a great price. As a result, the Flic hand-held scanner can provide affordable high performance bar code scanning for small to medium sized organizations, and can also enable broader use of automated data capture in larger enterprises. Response to our pre-sales effort over the past three months has been very positive."
The Flic bar code laser scanner will initially target the distribution channels for traditional bar code applications, such as retail point of sale, asset management, inventory and document control, transportation logistics and medical.
Digital photo of Flic is available -- contact Matt Nichols or Jami Nielsen, Microvision, 425/415-6657, or via e-mail at mattn@microvision.com, jami_Nielsen@microvision.com.
--------------------
da kommt man aus dem Urlaub zurück und MVIS macht mal kurz 50% in 2 Wochen...
Gratulation an Kowloon...
BOTHELL, Wash., Aug 8, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today announced that its Imaging Solutions Group will formally introduce the Flic(TM) hand-held bar code laser scanner at Frontline Solutions Exposition, September 23 thru 26, 2002, in Chicago, Illinois.
Following the successful completion of a run of pilot units and field-testing during the current quarter, the company plans to make its first shipments of pre-production units to customers in the weeks ahead, and to ramp up to volume production in the fourth quarter.
According to Tom Sanko, vice president of marketing for Microvision, the palm-sized scanner -- branded as Flic(TM) -- offers a combination of scanning performance, ease of use and low cost that is unique in the industry. With an MSRP of $129, Flic will also come with free software that will enable even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without any of the programming and support requirements common to today`s bar code reading products. The highly innovative "virtual wedge" software automatically enters scanned bar code data into standard Windows(R) applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use. The company will also offer a variety of accessories that support the product`s ability to be used in diverse operating environments.
"We are positioning the Flic bar code laser scanner to fill a growing need in this $1 billion a year market," Sanko stated. "The Flic bar code laser scanner is a product that offers a unique combination of great performance and ergonomics at a great price. As a result, the Flic hand-held scanner can provide affordable high performance bar code scanning for small to medium sized organizations, and can also enable broader use of automated data capture in larger enterprises. Response to our pre-sales effort over the past three months has been very positive."
The Flic bar code laser scanner will initially target the distribution channels for traditional bar code applications, such as retail point of sale, asset management, inventory and document control, transportation logistics and medical.
Digital photo of Flic is available -- contact Matt Nichols or Jami Nielsen, Microvision, 425/415-6657, or via e-mail at mattn@microvision.com, jami_Nielsen@microvision.com.
--------------------
da kommt man aus dem Urlaub zurück und MVIS macht mal kurz 50% in 2 Wochen...
Gratulation an Kowloon...
Short Interest
As of 8-July-2002
Shares Short 1.66M
Percent of Float 15.0%
Shares Short
(Prior Month) 1.40M
Short Ratio 8.58
Daily Volume 194.0K
http://www.nasdaq.com/asp/holdings.asp?symbol=MVIS`&selected…
-----------------
möglich dass shorts in eine Falle tappen & covern müssen. In der Vergangenheit haben solche Szenarien bei MVIS für schnelle x00% gesorgt...
Flic mal wieder mit Verspätung, aber positiv dass dieses Produkt Q4 in Serie geht und reisenden Absatz finden wird.
Finanzierung gesichert, auch wenn etwas dilutiert wird.
Bzgl detaillierter Fragen bzgl Patente an ir@mvis.com !
As of 8-July-2002
Shares Short 1.66M
Percent of Float 15.0%
Shares Short
(Prior Month) 1.40M
Short Ratio 8.58
Daily Volume 194.0K
http://www.nasdaq.com/asp/holdings.asp?symbol=MVIS`&selected…
-----------------
möglich dass shorts in eine Falle tappen & covern müssen. In der Vergangenheit haben solche Szenarien bei MVIS für schnelle x00% gesorgt...
Flic mal wieder mit Verspätung, aber positiv dass dieses Produkt Q4 in Serie geht und reisenden Absatz finden wird.
Finanzierung gesichert, auch wenn etwas dilutiert wird.
Bzgl detaillierter Fragen bzgl Patente an ir@mvis.com !
Hi
@Michael: Die Dilution ist ein Witz. Vergleichbare R&D Firmen, wie zB.XYBR laufen mit ca.60 Mill. shares durch die gegend. Ich vermute eh, dass es ein Zugeständnis an alte, zu wesentlich höheren kursen eingestiegene investoren war.
Ob der Flic ein Renner wird, muss sich erst noch erweisen. Ich will jetzt erstmal den OEM sehen und den Verrtiebspartner.
@Kowloon: Die Laufzeiten sind IMO ähnlich. Für exactere Infos kannst du auf dem Yahoo Board nachhaken. Da gibt es echte Cracks, die MVIS in und auswendig kennen. Da jedoch ständig Neuerungen und somit auch jeweils neue Patente hinzukommen, sehe ich von dieser Seite keine Berdohung.
Microvision sind bekanntlich eh die einzigen die diese Gebiet beackern. Da dürften monatlich neue Patente anfallen.
Hab mir bei 3.30$ auch noch mal ein Herz gefasst und meinen Bestand komplettiert.
Weiss jemand was ein 2D Scanner ist? Der soll ja so richtig einschlagen und auch im Gegensatz zu Flic mit MEMs arbeiten.
Grüsse
gabi
@Michael: Die Dilution ist ein Witz. Vergleichbare R&D Firmen, wie zB.XYBR laufen mit ca.60 Mill. shares durch die gegend. Ich vermute eh, dass es ein Zugeständnis an alte, zu wesentlich höheren kursen eingestiegene investoren war.
Ob der Flic ein Renner wird, muss sich erst noch erweisen. Ich will jetzt erstmal den OEM sehen und den Verrtiebspartner.
@Kowloon: Die Laufzeiten sind IMO ähnlich. Für exactere Infos kannst du auf dem Yahoo Board nachhaken. Da gibt es echte Cracks, die MVIS in und auswendig kennen. Da jedoch ständig Neuerungen und somit auch jeweils neue Patente hinzukommen, sehe ich von dieser Seite keine Berdohung.
Microvision sind bekanntlich eh die einzigen die diese Gebiet beackern. Da dürften monatlich neue Patente anfallen.
Hab mir bei 3.30$ auch noch mal ein Herz gefasst und meinen Bestand komplettiert.
Weiss jemand was ein 2D Scanner ist? Der soll ja so richtig einschlagen und auch im Gegensatz zu Flic mit MEMs arbeiten.
Grüsse
gabi
Hi gabi,
Gratulation zu MVIS bei 3,30... hatte keine Nerven nachzulegen! Stimmt, manche auf yahoo wissen einiges über MVIS - v.a. was das technische betrifft - wohnen teilweise auch vor Ort, nur bin ich seit ALIF da etwas vorsichtiger...
aussagekräftig finde ich, dass ein gewisser Insider namens Lack Walter sich 110k shares bei ca 5$ gegönnt hat, er scheint keine Probleme mit margin calls zu haben...
die Patenliste ist ellenlang, läßt sich MVIS traditionell einiges kosten und sollte keine Bedenken verursachen.
Flic wird laufen, wenn auch verspätet, allerdings wird dies ein Prodüktchen bleiben im Gegensatz zum Hauptgeschäft display. Ob Nomad läuft wie geplant bezweifel ich sehr stark, vielleicht erfährt man nächste Woche etwas bzw. kann Schlüsse aus den Zahlen liefern... nach wie vor halte ich 1000 Stück bei 10000$ für unrealistisch.
Gratulation zu MVIS bei 3,30... hatte keine Nerven nachzulegen! Stimmt, manche auf yahoo wissen einiges über MVIS - v.a. was das technische betrifft - wohnen teilweise auch vor Ort, nur bin ich seit ALIF da etwas vorsichtiger...
aussagekräftig finde ich, dass ein gewisser Insider namens Lack Walter sich 110k shares bei ca 5$ gegönnt hat, er scheint keine Probleme mit margin calls zu haben...
die Patenliste ist ellenlang, läßt sich MVIS traditionell einiges kosten und sollte keine Bedenken verursachen.
Flic wird laufen, wenn auch verspätet, allerdings wird dies ein Prodüktchen bleiben im Gegensatz zum Hauptgeschäft display. Ob Nomad läuft wie geplant bezweifel ich sehr stark, vielleicht erfährt man nächste Woche etwas bzw. kann Schlüsse aus den Zahlen liefern... nach wie vor halte ich 1000 Stück bei 10000$ für unrealistisch.
Ja, gegenüber Owen und Reimer hat Lack richtig hingelangt. Ich denke schon, dass Nomad gut läuft, denn wie sollten sie sonst ihre Guidance fürs 2 Quartal durchhalten? Homeland security/Defence, Army und Boeing bzw.Aviation allgemein, könnten hier die treibenden Kräfte sein.
Woher nimmst Du das Vertauen in Flic?
gabi
Woher nimmst Du das Vertauen in Flic?
gabi
Gudiance wird durchgehalten, ob dazu aber NOMAD wesentlich beiträgt mag ich bezweifeln.
Selbst in der aktuellen adhoc wird von den positiven Eindrücken seitens künftiger Käufer von Flic berichtet... Flic wird laufen, ist aber wie gesagt nur ein kleines Steinchen...
Selbst in der aktuellen adhoc wird von den positiven Eindrücken seitens künftiger Käufer von Flic berichtet... Flic wird laufen, ist aber wie gesagt nur ein kleines Steinchen...
Hallihallo,
bin auch wieder zurück aus dem Urlaub. Solche Tage wie letzten Freitag sollte es öfter geben. Hoffentlich haben wir das Tief jetzt endlich hinter uns gelassen. Allerdings frage ich mich, ob sich Tricky Ricky (von dem ich eine ganze Menge halte) weiterhin so für die Firma einsetzen wird, nachdem er einen großen Anteil verkaufen musste.
@gabi
Normale Scanner arbeiten nur in einer Dimension, können logischerweise auch nur 1D-Barcodes lesen. Z.B. die auf den Lebensmittelverpackungen. 2D-Scanner dagegen, arbeiten in horizontaler und vertikaler Richtung und können zweidimensionale Barcodes lesen. Das sind dann in der Regel Raster mit schwarzen und weißen Quadraten. Da lässt sich natürlich viel mehr Information unterbringen, allerdings weiß ich nicht, wo diese Barcodes benutzt werden.
Im Gegensatz zu 1D-Scannern sind die 2D-Scanner wesentlich teurer (ab 1000 Dollar).
Ich könnte mir vorstellen, dass der MVIS-MEMS-Scanner hier seinen Preisvorteil deutlicher ausspielen kann, als bei 1D-Scannern.
Gruß, putzkolonne (immer sauber bleiben)
bin auch wieder zurück aus dem Urlaub. Solche Tage wie letzten Freitag sollte es öfter geben. Hoffentlich haben wir das Tief jetzt endlich hinter uns gelassen. Allerdings frage ich mich, ob sich Tricky Ricky (von dem ich eine ganze Menge halte) weiterhin so für die Firma einsetzen wird, nachdem er einen großen Anteil verkaufen musste.
@gabi
Normale Scanner arbeiten nur in einer Dimension, können logischerweise auch nur 1D-Barcodes lesen. Z.B. die auf den Lebensmittelverpackungen. 2D-Scanner dagegen, arbeiten in horizontaler und vertikaler Richtung und können zweidimensionale Barcodes lesen. Das sind dann in der Regel Raster mit schwarzen und weißen Quadraten. Da lässt sich natürlich viel mehr Information unterbringen, allerdings weiß ich nicht, wo diese Barcodes benutzt werden.
Im Gegensatz zu 1D-Scannern sind die 2D-Scanner wesentlich teurer (ab 1000 Dollar).
Ich könnte mir vorstellen, dass der MVIS-MEMS-Scanner hier seinen Preisvorteil deutlicher ausspielen kann, als bei 1D-Scannern.
Gruß, putzkolonne (immer sauber bleiben)
Ein aufgegriffenes Argument macht Sinn: Rick ist so felsenfest von MVIS überzeugt, dass er MVIS auf margin gehalten hat. Inwieweit er andere Aktien abstoßen mußte ist natürlich nicht bekannt.
wenn man ihn reden hört, gerät er hin und wieder - was die Zukunft betrifft - ins schwärmen. Ich denke MVIS ist seine persönliche Herausforderung, will diese company schließlich zum Marktführer auf dem display-sektor machen, verbunden mit einer Marktkap von mehreren Mrd $...
wenn man ihn reden hört, gerät er hin und wieder - was die Zukunft betrifft - ins schwärmen. Ich denke MVIS ist seine persönliche Herausforderung, will diese company schließlich zum Marktführer auf dem display-sektor machen, verbunden mit einer Marktkap von mehreren Mrd $...
Hey putzkolonne, danke. Hast nen Scheuerlappen bei mir frei.
Hab auch noch nie solche 2D Barcodes gesehen.
Bei dem Flic habe ich das Problem, dass das einzig vergleichbare Produkt der CS 1504 von Symbol http://www.symbol.com/products/consumer_systems/consumer_cs1… nahezu identische Leistungsmerkmale hat. Der Unterschied liegt hier wohl im Detail, beim Laser vielleicht. Aber um diesen bewerten zu können, kenne ich mich zu wenig aus. Allgemein gesehen ist der CS1504 anscheinend vorwiegend nur ein Consumer Produkt, während Flic auch für den professionellen Einsatz vorgesehen ist. Ansonsten hab ich nichts vergleichbares gefunden. Alle anderen Handscanner können wesentlich mehr als Flic. Vielleicht füllt Flic daher tatsächlich eine Marktnische aus.
gabi
Hab auch noch nie solche 2D Barcodes gesehen.
Bei dem Flic habe ich das Problem, dass das einzig vergleichbare Produkt der CS 1504 von Symbol http://www.symbol.com/products/consumer_systems/consumer_cs1… nahezu identische Leistungsmerkmale hat. Der Unterschied liegt hier wohl im Detail, beim Laser vielleicht. Aber um diesen bewerten zu können, kenne ich mich zu wenig aus. Allgemein gesehen ist der CS1504 anscheinend vorwiegend nur ein Consumer Produkt, während Flic auch für den professionellen Einsatz vorgesehen ist. Ansonsten hab ich nichts vergleichbares gefunden. Alle anderen Handscanner können wesentlich mehr als Flic. Vielleicht füllt Flic daher tatsächlich eine Marktnische aus.
gabi
Lumera lebt:
Lumera Demonstrates Prototype of High Speed Polymer-based Optical Modulator
BOTHELL, Wash., Aug 12, 2002 (BUSINESS WIRE) -- Optical components developer Lumera Corporation, a subsidiary of Microvision, Inc. (Nasdaq:MVIS), today announced the successful completion of the prototype phase of a 10 GHz optical modulator based on its proprietary polymer technology.
Lumera`s device engineers have designed and manufactured an optical modulator based entirely on a set of proprietary polymer and chromophore materials developed by the company. According to the company, Lumera`s modulators will outperform existing products in several key parameters including power consumption, optical loss and device size.
"This is a first, but significant, step in our program to provide system designers with a better, lower cost platform for electro-optic solutions," stated Tom Mino, Lumera`s CEO. "We are evaluating these initial prototypes to drive material and processing improvements that we believe will enable us to provide our customers with engineering samples of packaged modulators late in the 4th quarter of this year. This work is a clear demonstration of Lumera`s leadership in organic electro-optic materials. We have established a powerful foundation in materials research in conjunction with the University of Washington. We have produced devices with five layers of organic material -- each one proprietary and each one precisely tuned for specific performance parameters -- and we have been able to cycle these materials multiple times all the way through device development and fabrication. As a result, we are producing materials and devices that are uniquely suited to the production and operation of commercially viable high performance devices."
New materials at Lumera are showing r33 values (a key measure of electro-optical activity) that are two times that of Lithium Niobate (the current standard material for optical modulators). As a result, the materials can enable devices that feature major improvements in drive voltage, optical loss and device size over those produced today. Such improved components are expected to provide key advantages in the design of optical transmission systems for telecommunications and for a variety of other military and commercial systems.
Earlier this year the company announced that Dr. Larry Dalton, Dr. Alex Jen, and Dr. Bruce Robinson, at the University of Washington, working under a sponsored research agreement from Lumera, had already doubled the level of electro-optic activity achieving unprecedented levels of performance in chromophore and polymer materials.
Dr. Dalton stated "the importance of establishing a commercial supply of organic electro-optic materials and devices is well-recognized by the telecom and defense communities. Lumera has demonstrated that it can systematically and rapidly improve materials. The recent prototype device production shows that new materials can be effectively incorporated into devices, and that associated material issues such as development of compatible cladding materials are also being addressed."
Lumera Demonstrates Prototype of High Speed Polymer-based Optical Modulator
BOTHELL, Wash., Aug 12, 2002 (BUSINESS WIRE) -- Optical components developer Lumera Corporation, a subsidiary of Microvision, Inc. (Nasdaq:MVIS), today announced the successful completion of the prototype phase of a 10 GHz optical modulator based on its proprietary polymer technology.
Lumera`s device engineers have designed and manufactured an optical modulator based entirely on a set of proprietary polymer and chromophore materials developed by the company. According to the company, Lumera`s modulators will outperform existing products in several key parameters including power consumption, optical loss and device size.
"This is a first, but significant, step in our program to provide system designers with a better, lower cost platform for electro-optic solutions," stated Tom Mino, Lumera`s CEO. "We are evaluating these initial prototypes to drive material and processing improvements that we believe will enable us to provide our customers with engineering samples of packaged modulators late in the 4th quarter of this year. This work is a clear demonstration of Lumera`s leadership in organic electro-optic materials. We have established a powerful foundation in materials research in conjunction with the University of Washington. We have produced devices with five layers of organic material -- each one proprietary and each one precisely tuned for specific performance parameters -- and we have been able to cycle these materials multiple times all the way through device development and fabrication. As a result, we are producing materials and devices that are uniquely suited to the production and operation of commercially viable high performance devices."
New materials at Lumera are showing r33 values (a key measure of electro-optical activity) that are two times that of Lithium Niobate (the current standard material for optical modulators). As a result, the materials can enable devices that feature major improvements in drive voltage, optical loss and device size over those produced today. Such improved components are expected to provide key advantages in the design of optical transmission systems for telecommunications and for a variety of other military and commercial systems.
Earlier this year the company announced that Dr. Larry Dalton, Dr. Alex Jen, and Dr. Bruce Robinson, at the University of Washington, working under a sponsored research agreement from Lumera, had already doubled the level of electro-optic activity achieving unprecedented levels of performance in chromophore and polymer materials.
Dr. Dalton stated "the importance of establishing a commercial supply of organic electro-optic materials and devices is well-recognized by the telecom and defense communities. Lumera has demonstrated that it can systematically and rapidly improve materials. The recent prototype device production shows that new materials can be effectively incorporated into devices, and that associated material issues such as development of compatible cladding materials are also being addressed."
8.July 1.66 Mio shares short (gewaltiger Anstieg +200k!!), d.h. haben einige auf niedrigem Niveau nochmal kräftig geshortet... wenn jetzt noch gute Zahlen nachgelegt werden mit evtl weiter positiven Ausblick, kommen shorts wieder in eine Falle wie so oft bei MVIS. Dann steht man schnell bei 10$...
der Wert ist ein Krieg zwischen longs & shorts, je nachdem welche Seite mehr Kapital zur Verfügung hat...
longs können baissen aussitzen (es sei denn margin a la RR), shorts kommen in Zugzwang...
MVIS jetzt bei 5$, Gratulation an das perfekte Timing @gabi & kowloon
Insiderbuys sind meist ein klares Signal...
der Wert ist ein Krieg zwischen longs & shorts, je nachdem welche Seite mehr Kapital zur Verfügung hat...
longs können baissen aussitzen (es sei denn margin a la RR), shorts kommen in Zugzwang...
MVIS jetzt bei 5$, Gratulation an das perfekte Timing @gabi & kowloon
Insiderbuys sind meist ein klares Signal...
August 12, 2002
Bigger Bar Code Inches Up on Retailers
By KATE MURPHY
THE NEW YORK TIMES
In a little more than two years, retailers in the United States and Canada
will face a deadline that promises technological challenges akin to the Year
2000 computer problem.
Starting Jan. 1, 2005, the 12-digit bar codes retailers use to identify
everything from cars to candy bars will go to 13 digits. The additional
number (and associated bars and spaces) is enough to make checkout scanners
seize up and make computers crash, perhaps disrupting entire supply chains.
But many retailers have yet to focus on a problem that will require
significant investments in time and capital.
"Most retailers are public companies that tend to live quarterly and not
look ahead, which means they are going to be hit over the head with this and
have to scramble at the last minute to avert disaster," said Thomas
Friedman, president of Retail Systems Research Services, a company in
Newton, Mass., that publishes a retail information technology newsletter.
Leading retailers say they have begun to address the issue. A spokesman for
Wal-Mart Stores, the world`s largest retailer, said the company had
"embraced the concept" of an expanded bar code, but he did not respond to
questions about actual measures taken to prepare computer databases and
logistical systems. Similarly, a spokesman for the Target Corporation said
his company was "intellectually ready" for the change but refused to comment
on whether any of its stores or warehouses were technologically ready.
But Richard A. Galanti, the chief financial officer of Costco Wholesale,
admitted, "The truth is, given the timeline, everybody`s still in the
assessment phase, trying to figure out what to do."
The difficulty is similar to the one posed by the Year 2000 computer
problem, when computer software had to be switched from two-digit entries
identifying years to four-digit entries. Before Jan. 1, 2000, millions of
lines of code had to be rewritten to avoid widespread computer failures.
Bar codes have been used in packaging since 1974, when the first item, a
pack of chewing gum, was scanned at a supermarket in Ohio. The codes
identify a product, distinguishing between an eight-ounce can of Del Monte
creamed corn and a medium-size pair of Hanes boxer shorts. When a bar code
is scanned, the information in the store`s database lets the retailer assign
a price and track sales and inventory.
"The bar code is the linchpin upon which everything in retail depends," Mr.
Friedman said.
The reason for expanding the 12-digit bar code, known as the Universal
Product Code, is twofold. First, there is a shortage of U.P.C. numbers.
"There`s only a certain amount of 12-digit numbers, and we`re going to run
out," said John Terwilliger, vice president of global markets at the
Universal Code Council, a nonprofit organization based in Lawrenceville,
N.J., that assigns codes in the United States and Canada. Second, 13-digit
bar codes are used almost everywhere else in the world. The council`s
European counterpart, EAN International, based in Brussels, assigns these
numbers, called European Article Numbers, to companies in 99 nations. "Right
now," Mr. Terwilliger said, "foreign importers have to get a 12-digit U.P.C.
to do business over here, which they haven`t been too happy about."
Foreign manufacturers currently pass on to consumers the cost of getting an
additional bar code and creating special labels for products sold in the
United States and Canada. "It`s an added expense for them, and they have to
recoup it somewhere," said Debra Shimkus, marketing manager at the Chicago
Importing Company, a specialty food importer whose overseas suppliers are
often incredulous when they are told they have to get new bar codes for
their products before they can be sold in American groceries.
Many foreign manufacturers decide that it is not worth the trouble. "A lot
of companies have been unwilling to accept the additional burden," Mr.
Terwilliger said, "and have stayed out of the market entirely."
American and Canadian exporters have not had the same obstacle because
foreign retailers can easily incorporate a 12-digit number into their
13-digit databases by making the first digit zero. That is why American and
Canadian manufacturers of products that now have 12-digit codes will not be
affected by the code expansion. A two-liter bottle of Coca-Cola, for
example, will keep the same U.P.C., but a zero will be added to the
beginning of its bar-code number in retailers` product databases.
"The effect of the change in the U.P.C. code falls squarely on retailers,"
said Mr. Friedman. He estimates that the upgrade will cost at least $2
million for a chain of 100 stores with 10 checkout lanes a store.
The expense will vary depending on the age of a retailer`s databases,
software and hardware and whether it has to hire outside consultants to make
the change. Scanners and other hardware bought more than three years ago
will not read longer codes and will have to be replaced. Software more than
five years old will also have to be scrapped.
"Thank God we`d already planned to buy new equipment for a lot of stores
this year," said Richard S. Gilbert, director of store systems at Duane
Reade, a chain of 200 drugstores in New York City. The stores have a total
of 3,500 scanning devices, each costing $1,000 to $2,500. As for the
cumbersome database modifications that need to be made, Mr. Gilbert said:
"Our consultants say they are working on it, but they haven`t gotten back to
me with a plan. I still don`t know how big a deal it`s all going to be."
He might want to ask John Poss. Mr. Poss is the merchandising coordinator
for Ace Hardware, which has 5,100 stores and sells some 65,000 coded
products. Ace overhauled its computer systems to accept longer bar codes in
1999. The company, based in Oak Brook, Ill., has retail outlets in 70
countries and more than a hundred foreign suppliers.
"It was such a struggle to get manufacturers to relabel things for North
America," Mr. Poss said, "and we wanted the same system in place globally,
so we decided to make the change."
The company hired a consultant, Cognizant Technology Solutions, which is
based in Teaneck, N.J., and is a division of Dun & Bradstreet. Ace`s
in-house team worked on the project during the day while a Cognizant office
in India took over at night.
Even so, the project took almost two years to plan and carry out. In
addition to equipment upgrades, modifications had to be made in more than
500 software programs in various company divisions (50 in distribution
alone). The most tedious and time-consuming part of the conversion, Mr. Poss
said, was making adjustments to databases. "Every database in every division
touches bar code information, and they all needed to be reworked," he said.
"It`s like Y2K, where you had to go in and expand fields and find every
reference to the date."
Though Mr. Poss would not disclose the cost of the project, he said the
gains in efficiency and in suppliers` good will had been "well worth the
expense." His advice to other retailers is to "get busy because you`re
facing an extreme challenge."
But moving to 13 digits may not be enough. The Universal Code Council and
EAN International, which formed an alliance in 1996, strongly advise
manufacturers and retailers to go a step further and prepare their systems
to accommodate a 14-digit code. That is the length of a newly patented bar
code that takes up less space. Its reduced size means that it can be affixed
to small items like loose produce, and the extra digits let a retailer keep
track of additional data like batch and lot numbers.
That additional information would make product recalls easier. "Today," Mr.
Terwilliger said, "once a product is taken out of the shipping container in
the warehouse, you really can`t track it anymore."
Shipping container bar codes are already 14 digits. The different bar-code
standards mean that retailers need different computer systems for shipping
and receiving, inventory and sales. By adopting a 14-digit standard,
retailers should be able to put all the information into a single database.
Mr. Poss said Ace had added the capacity to scan and store 14 digits when it
made its conversion three years ago. "Now we can scan anything," he said,
"whether it`s in the warehouse or at the register, and it immediately goes
in to a centralized system. No more sending data between divisions."
The cost and work of making the transition to 14 digits, he said, was the
same as it would have been for a change to 13 digits.
Representatives from the standards groups said adopting a 14-digit structure
- a step for which no date has been set - could help streamline the sharing
of data among all parts of a retail operation. It would also make it
possible, they said, to identify products anywhere in the world at any time
during the trade process.
"And to think it all started with pack of gum," Mr. Poss said.
Bigger Bar Code Inches Up on Retailers
By KATE MURPHY
THE NEW YORK TIMES
In a little more than two years, retailers in the United States and Canada
will face a deadline that promises technological challenges akin to the Year
2000 computer problem.
Starting Jan. 1, 2005, the 12-digit bar codes retailers use to identify
everything from cars to candy bars will go to 13 digits. The additional
number (and associated bars and spaces) is enough to make checkout scanners
seize up and make computers crash, perhaps disrupting entire supply chains.
But many retailers have yet to focus on a problem that will require
significant investments in time and capital.
"Most retailers are public companies that tend to live quarterly and not
look ahead, which means they are going to be hit over the head with this and
have to scramble at the last minute to avert disaster," said Thomas
Friedman, president of Retail Systems Research Services, a company in
Newton, Mass., that publishes a retail information technology newsletter.
Leading retailers say they have begun to address the issue. A spokesman for
Wal-Mart Stores, the world`s largest retailer, said the company had
"embraced the concept" of an expanded bar code, but he did not respond to
questions about actual measures taken to prepare computer databases and
logistical systems. Similarly, a spokesman for the Target Corporation said
his company was "intellectually ready" for the change but refused to comment
on whether any of its stores or warehouses were technologically ready.
But Richard A. Galanti, the chief financial officer of Costco Wholesale,
admitted, "The truth is, given the timeline, everybody`s still in the
assessment phase, trying to figure out what to do."
The difficulty is similar to the one posed by the Year 2000 computer
problem, when computer software had to be switched from two-digit entries
identifying years to four-digit entries. Before Jan. 1, 2000, millions of
lines of code had to be rewritten to avoid widespread computer failures.
Bar codes have been used in packaging since 1974, when the first item, a
pack of chewing gum, was scanned at a supermarket in Ohio. The codes
identify a product, distinguishing between an eight-ounce can of Del Monte
creamed corn and a medium-size pair of Hanes boxer shorts. When a bar code
is scanned, the information in the store`s database lets the retailer assign
a price and track sales and inventory.
"The bar code is the linchpin upon which everything in retail depends," Mr.
Friedman said.
The reason for expanding the 12-digit bar code, known as the Universal
Product Code, is twofold. First, there is a shortage of U.P.C. numbers.
"There`s only a certain amount of 12-digit numbers, and we`re going to run
out," said John Terwilliger, vice president of global markets at the
Universal Code Council, a nonprofit organization based in Lawrenceville,
N.J., that assigns codes in the United States and Canada. Second, 13-digit
bar codes are used almost everywhere else in the world. The council`s
European counterpart, EAN International, based in Brussels, assigns these
numbers, called European Article Numbers, to companies in 99 nations. "Right
now," Mr. Terwilliger said, "foreign importers have to get a 12-digit U.P.C.
to do business over here, which they haven`t been too happy about."
Foreign manufacturers currently pass on to consumers the cost of getting an
additional bar code and creating special labels for products sold in the
United States and Canada. "It`s an added expense for them, and they have to
recoup it somewhere," said Debra Shimkus, marketing manager at the Chicago
Importing Company, a specialty food importer whose overseas suppliers are
often incredulous when they are told they have to get new bar codes for
their products before they can be sold in American groceries.
Many foreign manufacturers decide that it is not worth the trouble. "A lot
of companies have been unwilling to accept the additional burden," Mr.
Terwilliger said, "and have stayed out of the market entirely."
American and Canadian exporters have not had the same obstacle because
foreign retailers can easily incorporate a 12-digit number into their
13-digit databases by making the first digit zero. That is why American and
Canadian manufacturers of products that now have 12-digit codes will not be
affected by the code expansion. A two-liter bottle of Coca-Cola, for
example, will keep the same U.P.C., but a zero will be added to the
beginning of its bar-code number in retailers` product databases.
"The effect of the change in the U.P.C. code falls squarely on retailers,"
said Mr. Friedman. He estimates that the upgrade will cost at least $2
million for a chain of 100 stores with 10 checkout lanes a store.
The expense will vary depending on the age of a retailer`s databases,
software and hardware and whether it has to hire outside consultants to make
the change. Scanners and other hardware bought more than three years ago
will not read longer codes and will have to be replaced. Software more than
five years old will also have to be scrapped.
"Thank God we`d already planned to buy new equipment for a lot of stores
this year," said Richard S. Gilbert, director of store systems at Duane
Reade, a chain of 200 drugstores in New York City. The stores have a total
of 3,500 scanning devices, each costing $1,000 to $2,500. As for the
cumbersome database modifications that need to be made, Mr. Gilbert said:
"Our consultants say they are working on it, but they haven`t gotten back to
me with a plan. I still don`t know how big a deal it`s all going to be."
He might want to ask John Poss. Mr. Poss is the merchandising coordinator
for Ace Hardware, which has 5,100 stores and sells some 65,000 coded
products. Ace overhauled its computer systems to accept longer bar codes in
1999. The company, based in Oak Brook, Ill., has retail outlets in 70
countries and more than a hundred foreign suppliers.
"It was such a struggle to get manufacturers to relabel things for North
America," Mr. Poss said, "and we wanted the same system in place globally,
so we decided to make the change."
The company hired a consultant, Cognizant Technology Solutions, which is
based in Teaneck, N.J., and is a division of Dun & Bradstreet. Ace`s
in-house team worked on the project during the day while a Cognizant office
in India took over at night.
Even so, the project took almost two years to plan and carry out. In
addition to equipment upgrades, modifications had to be made in more than
500 software programs in various company divisions (50 in distribution
alone). The most tedious and time-consuming part of the conversion, Mr. Poss
said, was making adjustments to databases. "Every database in every division
touches bar code information, and they all needed to be reworked," he said.
"It`s like Y2K, where you had to go in and expand fields and find every
reference to the date."
Though Mr. Poss would not disclose the cost of the project, he said the
gains in efficiency and in suppliers` good will had been "well worth the
expense." His advice to other retailers is to "get busy because you`re
facing an extreme challenge."
But moving to 13 digits may not be enough. The Universal Code Council and
EAN International, which formed an alliance in 1996, strongly advise
manufacturers and retailers to go a step further and prepare their systems
to accommodate a 14-digit code. That is the length of a newly patented bar
code that takes up less space. Its reduced size means that it can be affixed
to small items like loose produce, and the extra digits let a retailer keep
track of additional data like batch and lot numbers.
That additional information would make product recalls easier. "Today," Mr.
Terwilliger said, "once a product is taken out of the shipping container in
the warehouse, you really can`t track it anymore."
Shipping container bar codes are already 14 digits. The different bar-code
standards mean that retailers need different computer systems for shipping
and receiving, inventory and sales. By adopting a 14-digit standard,
retailers should be able to put all the information into a single database.
Mr. Poss said Ace had added the capacity to scan and store 14 digits when it
made its conversion three years ago. "Now we can scan anything," he said,
"whether it`s in the warehouse or at the register, and it immediately goes
in to a centralized system. No more sending data between divisions."
The cost and work of making the transition to 14 digits, he said, was the
same as it would have been for a change to 13 digits.
Representatives from the standards groups said adopting a 14-digit structure
- a step for which no date has been set - could help streamline the sharing
of data among all parts of a retail operation. It would also make it
possible, they said, to identify products anywhere in the world at any time
during the trade process.
"And to think it all started with pack of gum," Mr. Poss said.
Microvision Promotes Willey and Names Chairman
BOTHELL, Wash., Aug 12, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has made several changes in the structure of its management group and Board of Directors in order to strengthen its team and provide greater independence for its board.
The board previously consisted of ten members, including three members of the company`s management team. Richard Raisig, the company`s Chief Financial Officer, resigned from the company`s Board of Directors bringing the total number of directors to nine, with seven being outside directors. Raisig remains CFO and an integral part of the senior management team.
Walter J. Lack, who has served on the Microvision board for eight years, was elected Chairman of the Board of Directors. Stephen R. Willey, Microvision`s current executive vice president, has been promoted to President. Richard Rutkowski will continue to serve as the company`s Chief Executive Officer, and both Willey and Rutkowski will continue to serve on the company`s Board of Directors. The company will continue to seek, from time to time, additional outside board members who bring expertise in technology and commercialization and delivery.
"Over the past several years we have focused on building a strong management team and a solid board," stated Walter Lack, "Now is a good time to take stock of a variety of issues relating to corporate governance and to ensure that our management and board structure best serve the interests of the company and its shareholders going forward. We are very pleased with where Microvision`s management team is taking the company and the progress that they are making. The products being developed are on the leading edge of technology. We feel confident of the prospects of product commercialization which is the focus of everyone within the company."
Mr. Willey, in his new role as President, will continue to represent the company in a variety of business development activities, especially in Asia.
BOTHELL, Wash., Aug 12, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has made several changes in the structure of its management group and Board of Directors in order to strengthen its team and provide greater independence for its board.
The board previously consisted of ten members, including three members of the company`s management team. Richard Raisig, the company`s Chief Financial Officer, resigned from the company`s Board of Directors bringing the total number of directors to nine, with seven being outside directors. Raisig remains CFO and an integral part of the senior management team.
Walter J. Lack, who has served on the Microvision board for eight years, was elected Chairman of the Board of Directors. Stephen R. Willey, Microvision`s current executive vice president, has been promoted to President. Richard Rutkowski will continue to serve as the company`s Chief Executive Officer, and both Willey and Rutkowski will continue to serve on the company`s Board of Directors. The company will continue to seek, from time to time, additional outside board members who bring expertise in technology and commercialization and delivery.
"Over the past several years we have focused on building a strong management team and a solid board," stated Walter Lack, "Now is a good time to take stock of a variety of issues relating to corporate governance and to ensure that our management and board structure best serve the interests of the company and its shareholders going forward. We are very pleased with where Microvision`s management team is taking the company and the progress that they are making. The products being developed are on the leading edge of technology. We feel confident of the prospects of product commercialization which is the focus of everyone within the company."
Mr. Willey, in his new role as President, will continue to represent the company in a variety of business development activities, especially in Asia.
Hi,
danke für die Glückwünsche, sieht wirklich gut aus die letzten Tage (mein Kauf zu diesem Zeitpunkt war aber pures Glück).
Kann mir mal jemand das mit den Margin calls erklären?
Dachte eigentlich, ich kenne mich aus, aber das sagt mir gar nichts.
Hier noch eine News von heute:
Microvision and Antelope Technologies Sign Co-Marketing Agreement
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 13, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies for personal displays and imaging solutions, today announced that is has signed a co-marketing agreement with Antelope Technologies Corporation.
The two companies plan to co-market Microvision`s Nomad Personal Display System and Antelope`s mobile computing device as part of a wearable computing solution to prospective customers in the military, aviation, medical and industrial markets.
Antelope Technologies, based in Highlands Ranch, Colo. and under license from IBM, is the manufacturer of a new PC architecture for mobile computing. Antelope`s technology is based around the MCC -- the Mobile Computer Core. The MCC, a device no larger than a small laptop battery, is actually a powerful, fully functioning PC. Carried easily in a pocket, and weighing less than 9 oz., the core interfaces with a variety of peripheral devices (displays, input devices, and more) to suit any individual`s work applications, such as a desktop workstation, laptop, or mobile display device like Microvision`s Nomad System. Antelope promotes the product as so flexible, in fact, that it promises to completely change the way people think about using computers.
The MCC consists of the Crusoe processor by Transmeta, 10 GB hard disk and 256 MB RAM all contained in a package 3" x 5" x 3/4". Low power consumption makes it ideal for mobile applications, and no fan is required. It will automatically identify and adapt its system, power management, thermal, software and user interface behavior, depending on the attached accessories. The core can run full Windows 2000, Windows XP, or Linux operating systems.
Antelope plans to start manufacturing the MCC in its Colorado facility in October. Sales efforts to date have resulted in a near sellout of the October-December initial 10,000 unit build. According to Antelope, IBM Global Services will help ramp production to 10,000 units per month beginning in January 2003.
Kenneth Geyer, Antelope President stated, "Antelope is aggressively pursuing the rapidly emerging mobile computing market place. We fully understand that a robust, high-performance personal display is a key element to users interfacing with wearable computing systems. As we deliver full computing capabilities to mobile users, we must also deliver full display capabilities that replicate their desktop experience. Microvision`s Nomad System provides the type of performance that we believe many of our customers will find very valuable."
Tom Sanko, Microvision Vice President of Marketing, added, "our co-marketing agreement with Antelope supports our plan to capture a rapidly emerging marketplace that wants frontline workers to access information, anywhere. Our Nomad Personal Display System has unique advantages as the world`s only daylight-readable, see-through head-worn display. The Nomad System enables users to merge their information space with their work-space, augmenting their vision, providing information at the point of task, and improving productivity, quality and safety. Combining Antelope`s Mobile Computing Core platform with the Nomad System is anticipated to provide a wearable computing solution for our mutual markets."
About Microvision
The company, located on the web at www.microvision.com is headquartered in Bothell, Wash. Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Antelope
Antelope Technologies is a Colorado corporation that designs, manufactures, and markets mobile computing technologies. Based in Highlands Ranch, Colo., the company integrates these technologies for military, medical, industrial, engineering, materials handling and maintenance, security and law enforcement institutions worldwide. For more information about Antelope Technologies, visit www.antelopetech.com or contact Anna Cole at 720/344-4313 or info@antelopetech.com.
danke für die Glückwünsche, sieht wirklich gut aus die letzten Tage (mein Kauf zu diesem Zeitpunkt war aber pures Glück).
Kann mir mal jemand das mit den Margin calls erklären?
Dachte eigentlich, ich kenne mich aus, aber das sagt mir gar nichts.
Hier noch eine News von heute:
Microvision and Antelope Technologies Sign Co-Marketing Agreement
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 13, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies for personal displays and imaging solutions, today announced that is has signed a co-marketing agreement with Antelope Technologies Corporation.
The two companies plan to co-market Microvision`s Nomad Personal Display System and Antelope`s mobile computing device as part of a wearable computing solution to prospective customers in the military, aviation, medical and industrial markets.
Antelope Technologies, based in Highlands Ranch, Colo. and under license from IBM, is the manufacturer of a new PC architecture for mobile computing. Antelope`s technology is based around the MCC -- the Mobile Computer Core. The MCC, a device no larger than a small laptop battery, is actually a powerful, fully functioning PC. Carried easily in a pocket, and weighing less than 9 oz., the core interfaces with a variety of peripheral devices (displays, input devices, and more) to suit any individual`s work applications, such as a desktop workstation, laptop, or mobile display device like Microvision`s Nomad System. Antelope promotes the product as so flexible, in fact, that it promises to completely change the way people think about using computers.
The MCC consists of the Crusoe processor by Transmeta, 10 GB hard disk and 256 MB RAM all contained in a package 3" x 5" x 3/4". Low power consumption makes it ideal for mobile applications, and no fan is required. It will automatically identify and adapt its system, power management, thermal, software and user interface behavior, depending on the attached accessories. The core can run full Windows 2000, Windows XP, or Linux operating systems.
Antelope plans to start manufacturing the MCC in its Colorado facility in October. Sales efforts to date have resulted in a near sellout of the October-December initial 10,000 unit build. According to Antelope, IBM Global Services will help ramp production to 10,000 units per month beginning in January 2003.
Kenneth Geyer, Antelope President stated, "Antelope is aggressively pursuing the rapidly emerging mobile computing market place. We fully understand that a robust, high-performance personal display is a key element to users interfacing with wearable computing systems. As we deliver full computing capabilities to mobile users, we must also deliver full display capabilities that replicate their desktop experience. Microvision`s Nomad System provides the type of performance that we believe many of our customers will find very valuable."
Tom Sanko, Microvision Vice President of Marketing, added, "our co-marketing agreement with Antelope supports our plan to capture a rapidly emerging marketplace that wants frontline workers to access information, anywhere. Our Nomad Personal Display System has unique advantages as the world`s only daylight-readable, see-through head-worn display. The Nomad System enables users to merge their information space with their work-space, augmenting their vision, providing information at the point of task, and improving productivity, quality and safety. Combining Antelope`s Mobile Computing Core platform with the Nomad System is anticipated to provide a wearable computing solution for our mutual markets."
About Microvision
The company, located on the web at www.microvision.com is headquartered in Bothell, Wash. Microvision, Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
About Antelope
Antelope Technologies is a Colorado corporation that designs, manufactures, and markets mobile computing technologies. Based in Highlands Ranch, Colo., the company integrates these technologies for military, medical, industrial, engineering, materials handling and maintenance, security and law enforcement institutions worldwide. For more information about Antelope Technologies, visit www.antelopetech.com or contact Anna Cole at 720/344-4313 or info@antelopetech.com.
@kowloon
Bei einem sogenannten Effektenkredit wird das Wertpapierdepot beliehen (also Aktien als Sicherheiten!!),
um weitere Aktien zu kaufen. Sollten die Kurse jedoch sinken statt steigen (wie in den letzten zwei Jahren), dann muss entweder frisches Geld nachgeschossen werden, oder ein Teil der Aktien muss verkauft werden. Und genau das ist offensichtlich RR passiert.
Im schlimmsten Fall erleidet man einen Totalverlust, obwohl sich die Aktien die man ursprünglich hatte, möglicherweise wieder erholen. Ich hoffe das war halbwegs verständlich.
Gruß, putzkolonne
Bei einem sogenannten Effektenkredit wird das Wertpapierdepot beliehen (also Aktien als Sicherheiten!!),
um weitere Aktien zu kaufen. Sollten die Kurse jedoch sinken statt steigen (wie in den letzten zwei Jahren), dann muss entweder frisches Geld nachgeschossen werden, oder ein Teil der Aktien muss verkauft werden. Und genau das ist offensichtlich RR passiert.
Im schlimmsten Fall erleidet man einen Totalverlust, obwohl sich die Aktien die man ursprünglich hatte, möglicherweise wieder erholen. Ich hoffe das war halbwegs verständlich.
Gruß, putzkolonne
Merci, alles klar - Effektenkredit ist mir bekannt (leider!!!), wußte nur nicht daß das gleich Margin call ist.
Leider KEIN Microvision-display mEn
BMW entwickelte "Cyber-Helm" topsecret
(F1Total.com) - Unter strengster Geheimhaltung hat der bayerische Automobilhersteller BMW in seinem Technologie-Zentrum in Kalifornien einen "Cyber-Helm" entwickelt, den Ralf Schumacher nach Informationen der `Bild`-Zeitung bereits ausgiebig getestet hat und den die beiden Fahrer des Teams schon in der kommenden Saison einsetzen sollen. Auch wenn die Entwicklung laut eines BMW-Mitarbeiters "wirklich eine Topsecret-Aktion" war, so arbeiten auch andere Helmhersteller – unter anderem jener von Bruder Michael – an ähnlichen Systemen.
In Zukunft wird ein 6 x 8 Millimeter großes Display direkt am Kinnschutz des Fahrers ein etwas streichholzschachtelgroßes Bild in das Sichtfeld des Fahrers auf Höhe des Autos projizieren. Durch eine spezielle Technologie kann der Fahrer so halb-transparent Informationen gestochen scharf wahrnehmen - ohne den Blick von der Strecke nehmen zu müssen. "Das ist eine revolutionäre Entwicklung. Und sie dient außer der Sicherheit auch der Geschwindigkeit", lobt Ralf Schumacher in der `Bild`-Zeitung.
Informationen über die Drehzahl, den selektierten Gang, Temperaturen oder sogar Warnhinweise wie "Öl in Kurve 3" kann sich der 27-jährige Rennfahrer in Zukunft direkt in sein Sichtfeld einblenden lassen, anstatt die Informationen auf dem Display seines Lenkrades ablesen zu müssen. Und die Entwicklung des "Cyber-Helms" möchte man noch weitertreiben, wie der BMW-Williams-Pilot erläutert: "Irgendwann soll es dann sogar möglich sein, die Rückspiegel durch kleine Kameras zu ersetzen und mir die Bilder vor das Auge zu spielen."
BMW entwickelte "Cyber-Helm" topsecret
(F1Total.com) - Unter strengster Geheimhaltung hat der bayerische Automobilhersteller BMW in seinem Technologie-Zentrum in Kalifornien einen "Cyber-Helm" entwickelt, den Ralf Schumacher nach Informationen der `Bild`-Zeitung bereits ausgiebig getestet hat und den die beiden Fahrer des Teams schon in der kommenden Saison einsetzen sollen. Auch wenn die Entwicklung laut eines BMW-Mitarbeiters "wirklich eine Topsecret-Aktion" war, so arbeiten auch andere Helmhersteller – unter anderem jener von Bruder Michael – an ähnlichen Systemen.
In Zukunft wird ein 6 x 8 Millimeter großes Display direkt am Kinnschutz des Fahrers ein etwas streichholzschachtelgroßes Bild in das Sichtfeld des Fahrers auf Höhe des Autos projizieren. Durch eine spezielle Technologie kann der Fahrer so halb-transparent Informationen gestochen scharf wahrnehmen - ohne den Blick von der Strecke nehmen zu müssen. "Das ist eine revolutionäre Entwicklung. Und sie dient außer der Sicherheit auch der Geschwindigkeit", lobt Ralf Schumacher in der `Bild`-Zeitung.
Informationen über die Drehzahl, den selektierten Gang, Temperaturen oder sogar Warnhinweise wie "Öl in Kurve 3" kann sich der 27-jährige Rennfahrer in Zukunft direkt in sein Sichtfeld einblenden lassen, anstatt die Informationen auf dem Display seines Lenkrades ablesen zu müssen. Und die Entwicklung des "Cyber-Helms" möchte man noch weitertreiben, wie der BMW-Williams-Pilot erläutert: "Irgendwann soll es dann sogar möglich sein, die Rückspiegel durch kleine Kameras zu ersetzen und mir die Bilder vor das Auge zu spielen."
Wednesday August 14, 6:00 am Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Reports 167% Revenue Increase in Second Quarter with Record $4.7 Million
Narrows Operating Loss By 28%
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 14, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies, today reported financial results for the second quarter of 2002. ADVERTISEMENT
The company reported revenue of $4.7 million, the highest quarterly revenue in company history, and a loss per share of $.49, a 22% improvement over the first quarter of 2002.
Revenue for the second quarter of 2002 rose 167% to $4.7 million when compared to $1.8 million for the same period in 2001 and increased 24% when compared to the first quarter of 2002. Revenue for the six months ended June 30, 2002 was $8.5 million, up 107% when compared to $4.1 million for the same period in 2001. The increased revenue was due primarily to higher contract revenue from both U.S. government and commercial development contracts. The backlog of development contracts and product orders at June 30, 2002 was $5.7 million.
For the three months ended June 30, 2002, Microvision reported a loss from operations of $8.2 million, a 28% improvement when compared to a loss from operations of $11.4 million for the same period in 2001. For the six months ended June 30, 2002, the company reported a loss from operations of $18.6 million, a 19% improvement when compared to a loss from operations of $22.9 million for the same period in 2001.
For the three months ended June 30, 2002, Microvision reported a consolidated net loss of $6.7 million or $.49 per share compared to a net loss of $8.6 million or $.72 per share for the same period in 2001 and to a consolidated net loss of $8.2 million or $.63 per share for the first quarter of 2002. For the six months ended June 30, 2002, the company reported a consolidated net loss of $14.9 million or $1.12 per share compared to a net loss of $18.8 million or $1.57 per share for the same period in 2001. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and six months ended June 30, 2002, the portion of the consolidated loss attributable to Lumera was $235,000 or $.02 per share and $465,000 or $.03 per share, respectively, compared to $265,000 or $.02 per share and $2.6 million or $.21 per share for the three and six months ended June 30, 2001, respectively.
The company, including Lumera, ended the quarter with $23.2 million in cash, cash equivalents and investment securities.
The company also indicated that it expects revenue for the third quarter of 2002 to be flat, or slightly lower, as compared to the second quarter of 2002. The company is currently targeting 2002 revenue of approximately $20 million and expects product sales to account for approximately 15-20% of 2002 revenue. The outlook for revenue from product sales has been reduced due to weak economic conditions, longer-than-expected sales cycle for the Nomad personal display and a later-than-expected introduction of the Flic personal bar code scanner. Notwithstanding these factors, the company anticipates that its loss per share will continue its favorable trend for the rest of the year due, in part, to cost reductions that were implemented at the beginning of the current quarter. The company indicated that contract revenue has been stronger than expected due to increased revenue from commercial partners.
"We are pleased with both our financial results and the business milestones we achieved in the first half of 2002," said Microvision CEO Rick Rutkowski. "We have achieved record revenue, reduced our operating loss and cash burn, raised additional capital, launched our first commercial product, exceeded our expectations in obtaining new commercial contracts and continued to make key technological breakthroughs. While the transition to product related revenue is progressing more slowly than we had anticipated, in part due to the delayed recovery in the Information Technology marketplace, we are very encouraged by the indications of developing demand and compelling applications for both the Nomad personal display and the Flic bar code scanner."
"Although we now believe that the expected revenue from product sales in the second half of this year may be lower than our initial estimates, we are still aiming at an aggressive target for overall revenue growth of nearly 100% over last year. We expect that revenue from product sales may continue to show a degree of variability in the short term as we develop the market for the Nomad display and launch the Flic personal bar code scanner. However, our objective remains to seed the market for the Nomad display for a variety of applications with significant launch customers and sales channel partners. We believe that our existing marketing relationships, including those recently announced with Silicon Graphics and Antelope Technologies, will help us to access multiple market segments to realize the potential of the Nomad display. We have signed 21 distribution and co-marketing agreements for Nomad and we are highly focused around a set of key applications. We are seeing increasing interest from VARs and customers in the areas of machine control, indoor measurement, surgical navigation, general aviation and security and defense. We are actively working a number of potential multi-unit orders for Nomad. We are more confident than ever that the Nomad system is a unique product in the marketplace that addresses real customer needs and significant market opportunities. We fully expect that we can reduce the sales cycle as our product`s presence in the market grows, and as new applications emerge and the economy improves."
"We are preparing to launch the Flic personal bar code scanner next month at the Frontline Solutions Show in Chicago and we continue to target signing one or more OEM or distribution partners in advance of the product launch. Market feedback continues to be positive and we expect the Flic personal bar code scanner to begin contributing revenue in the fourth quarter with a significant ramp up during 2003."
"Our contract work continues to be strong. We are particularly encouraged by the increase in contract revenue from major commercial partners in the automotive and consumer electronics categories and we expect to sign or extend contracts during the second half of the year with partners in these product categories and perhaps others. These contracts help fund new technological developments and they are typically sponsored by leading industry partners who can play a role in bringing the final product to market. We also expect to sign additional contracts with the U.S. government, extending development work that is currently underway."
"In addition to the progress we are making in bringing products to market at Microvision, Lumera achieved a significant milestone when it announced earlier this week that it had successfully demonstrated a polymer-based 10GHz optical modulator that will outperform existing modulators at a substantially lower price."
"We fully recognize that conserving cash resources is critical in today`s difficult capital market environment. We have taken steps that will reduce our cash burn by $2 million per quarter and will continue to look at ways that we can reduce costs and increase productivity. We have successfully demonstrated our ability to access capital, having raised $20 million in the last year during some of the most difficult market conditions we have seen in some time."
"We are excited about the significant accomplishments we have achieved to date and expect to achieve for the year: record revenue, two product introductions, key technological breakthroughs, developing partners and alliances, and moving the company a significant step closer to profitability - all during a downturn in our economy and with the major stock indexes having recently set five year lows. We will continue to work hard to achieve our aggressive targets and build value for our shareholders."
Conference Call
Microvision will host a conference call to discuss its second quarter 2002 financial results at 8:00 a.m. PT today. Participants may join the conference call by dialing (800) 309-9175 (for U.S. participants) ten minutes prior to the start of the conference. International participants can dial (706) 634-1455. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.microvision.com. A telephone replay of the call will be available through 11:00 p.m. ET August 21, 2002 and can be accessed by dialing 800-642-1687 (for U.S. participants) or 706-645-9291 (for international participants). The conference id code is 5033736
Press Release
SOURCE: Microvision, Inc.
Microvision Reports 167% Revenue Increase in Second Quarter with Record $4.7 Million
Narrows Operating Loss By 28%
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 14, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies, today reported financial results for the second quarter of 2002. ADVERTISEMENT
The company reported revenue of $4.7 million, the highest quarterly revenue in company history, and a loss per share of $.49, a 22% improvement over the first quarter of 2002.
Revenue for the second quarter of 2002 rose 167% to $4.7 million when compared to $1.8 million for the same period in 2001 and increased 24% when compared to the first quarter of 2002. Revenue for the six months ended June 30, 2002 was $8.5 million, up 107% when compared to $4.1 million for the same period in 2001. The increased revenue was due primarily to higher contract revenue from both U.S. government and commercial development contracts. The backlog of development contracts and product orders at June 30, 2002 was $5.7 million.
For the three months ended June 30, 2002, Microvision reported a loss from operations of $8.2 million, a 28% improvement when compared to a loss from operations of $11.4 million for the same period in 2001. For the six months ended June 30, 2002, the company reported a loss from operations of $18.6 million, a 19% improvement when compared to a loss from operations of $22.9 million for the same period in 2001.
For the three months ended June 30, 2002, Microvision reported a consolidated net loss of $6.7 million or $.49 per share compared to a net loss of $8.6 million or $.72 per share for the same period in 2001 and to a consolidated net loss of $8.2 million or $.63 per share for the first quarter of 2002. For the six months ended June 30, 2002, the company reported a consolidated net loss of $14.9 million or $1.12 per share compared to a net loss of $18.8 million or $1.57 per share for the same period in 2001. Consolidated results include Microvision, Inc. and the company`s subsidiary, Lumera Corporation. For the three months and six months ended June 30, 2002, the portion of the consolidated loss attributable to Lumera was $235,000 or $.02 per share and $465,000 or $.03 per share, respectively, compared to $265,000 or $.02 per share and $2.6 million or $.21 per share for the three and six months ended June 30, 2001, respectively.
The company, including Lumera, ended the quarter with $23.2 million in cash, cash equivalents and investment securities.
The company also indicated that it expects revenue for the third quarter of 2002 to be flat, or slightly lower, as compared to the second quarter of 2002. The company is currently targeting 2002 revenue of approximately $20 million and expects product sales to account for approximately 15-20% of 2002 revenue. The outlook for revenue from product sales has been reduced due to weak economic conditions, longer-than-expected sales cycle for the Nomad personal display and a later-than-expected introduction of the Flic personal bar code scanner. Notwithstanding these factors, the company anticipates that its loss per share will continue its favorable trend for the rest of the year due, in part, to cost reductions that were implemented at the beginning of the current quarter. The company indicated that contract revenue has been stronger than expected due to increased revenue from commercial partners.
"We are pleased with both our financial results and the business milestones we achieved in the first half of 2002," said Microvision CEO Rick Rutkowski. "We have achieved record revenue, reduced our operating loss and cash burn, raised additional capital, launched our first commercial product, exceeded our expectations in obtaining new commercial contracts and continued to make key technological breakthroughs. While the transition to product related revenue is progressing more slowly than we had anticipated, in part due to the delayed recovery in the Information Technology marketplace, we are very encouraged by the indications of developing demand and compelling applications for both the Nomad personal display and the Flic bar code scanner."
"Although we now believe that the expected revenue from product sales in the second half of this year may be lower than our initial estimates, we are still aiming at an aggressive target for overall revenue growth of nearly 100% over last year. We expect that revenue from product sales may continue to show a degree of variability in the short term as we develop the market for the Nomad display and launch the Flic personal bar code scanner. However, our objective remains to seed the market for the Nomad display for a variety of applications with significant launch customers and sales channel partners. We believe that our existing marketing relationships, including those recently announced with Silicon Graphics and Antelope Technologies, will help us to access multiple market segments to realize the potential of the Nomad display. We have signed 21 distribution and co-marketing agreements for Nomad and we are highly focused around a set of key applications. We are seeing increasing interest from VARs and customers in the areas of machine control, indoor measurement, surgical navigation, general aviation and security and defense. We are actively working a number of potential multi-unit orders for Nomad. We are more confident than ever that the Nomad system is a unique product in the marketplace that addresses real customer needs and significant market opportunities. We fully expect that we can reduce the sales cycle as our product`s presence in the market grows, and as new applications emerge and the economy improves."
"We are preparing to launch the Flic personal bar code scanner next month at the Frontline Solutions Show in Chicago and we continue to target signing one or more OEM or distribution partners in advance of the product launch. Market feedback continues to be positive and we expect the Flic personal bar code scanner to begin contributing revenue in the fourth quarter with a significant ramp up during 2003."
"Our contract work continues to be strong. We are particularly encouraged by the increase in contract revenue from major commercial partners in the automotive and consumer electronics categories and we expect to sign or extend contracts during the second half of the year with partners in these product categories and perhaps others. These contracts help fund new technological developments and they are typically sponsored by leading industry partners who can play a role in bringing the final product to market. We also expect to sign additional contracts with the U.S. government, extending development work that is currently underway."
"In addition to the progress we are making in bringing products to market at Microvision, Lumera achieved a significant milestone when it announced earlier this week that it had successfully demonstrated a polymer-based 10GHz optical modulator that will outperform existing modulators at a substantially lower price."
"We fully recognize that conserving cash resources is critical in today`s difficult capital market environment. We have taken steps that will reduce our cash burn by $2 million per quarter and will continue to look at ways that we can reduce costs and increase productivity. We have successfully demonstrated our ability to access capital, having raised $20 million in the last year during some of the most difficult market conditions we have seen in some time."
"We are excited about the significant accomplishments we have achieved to date and expect to achieve for the year: record revenue, two product introductions, key technological breakthroughs, developing partners and alliances, and moving the company a significant step closer to profitability - all during a downturn in our economy and with the major stock indexes having recently set five year lows. We will continue to work hard to achieve our aggressive targets and build value for our shareholders."
Conference Call
Microvision will host a conference call to discuss its second quarter 2002 financial results at 8:00 a.m. PT today. Participants may join the conference call by dialing (800) 309-9175 (for U.S. participants) ten minutes prior to the start of the conference. International participants can dial (706) 634-1455. Additionally, the call will be broadcast over the Internet and can be accessed from the company`s web site at www.microvision.com. A telephone replay of the call will be available through 11:00 p.m. ET August 21, 2002 and can be accessed by dialing 800-642-1687 (for U.S. participants) or 706-645-9291 (for international participants). The conference id code is 5033736
Microvision, Inc.
Consolidated Balance Sheet
(In thousands)
June 30, December 31,
2002 2001
------------ ---------
(Unaudited)
Assets
Current Assets
Cash and cash equivalents $ 11,120 $ 15,587
Investment securities, available-for-sale 12,118 18,065
Accounts receivable, net 940 1,712
Costs and estimated earnings in excess of
billings on uncompleted contracts 1,925 1,584
Inventory, net 473 99
Current restricted investments 102 102
Other current assets 1,990 2,302
------------ ---------
Total current assets 28,668 39,451
Long-term investment, at cost - 624
Property and equipment, net 8,256 8,960
Restricted investments 1,356 1,434
Receivables from related parties, net 2,143 2,252
Other assets 829 1,334
------------ ---------
Total assets $ 41,252 $ 54,055
============ =========
Liabilities, Minority Interests and
Shareholders` Equity
Current Liabilities
Accounts payable $ 1,340 $ 1,613
Accrued liabilities 4,305 4,298
Allowance for estimated contract losses 155 155
Billings in excess of costs and estimated
earnings on uncompleted contracts 50 60
Current portion of capital lease obligations 78 170
Current portion of long-term debt 60 57
------------ ---------
Total current liabilities 5,988 6,353
Capital lease obligations, net of current
portion 34 61
Long-term debt, net of current portion 202 232
Deferred rent, net of current portion 267 259
------------ ---------
Total liabilities 6,491 6,905
------------ ---------
Commitments and Contingencies - -
Minority Interests 11,073 14,824
------------ ---------
Shareholders` Equity
Common stock and paid-in capital 141,341 135,954
Deferred compensation (1,938) (2,803)
Subscriptions receivable from related
parties (183) (321)
Accumulated other comprehensive income 273 427
Accumulated deficit (115,805) (100,931)
------------ ---------
Total shareholders` equity 23,688 32,326
------------ ---------
Total liabilities, minority interests and
shareholders` equity $ 41,252 $ 54,055
============ =========
Microvision, Inc.
Consolidated Statement of Operations
(In thousands, except earnings per share data)
(Unaudited)
Three months ended Six months ended
June 30, June 30,
2002 2001 2002 2001
--------- --------- ---------- ----------
Revenue $ 4,734 $ 1,772 $ 8,538 $ 4,109
Cost of revenue 2,195 1,081 4,006 2,643
--------- --------- ---------- ----------
Gross margin 2,539 691 4,532 1,466
--------- --------- ---------- ----------
Research and development
expense 5,960 8,035 13,329 16,009
Marketing, general and
administrative expense 4,373 3,303 8,882 7,004
Non-cash compensation
expense 398 764 913 1,319
--------- --------- ---------- ----------
Total operating
expenses 10,731 12,102 23,124 24,332
--------- --------- ---------- ----------
Loss from operations (8,192) (11,411) (18,592) (22,866)
Interest income 281 723 619 1,429
Interest expense (11) (21) (29) (45)
Loss due to impairment of
long-term investment (624) - (624) -
--------- --------- ---------- ----------
Loss before minority
interests (8,546) (10,709) (18,626) (21,482)
Minority interests in loss
of consolidated
subsidiary 1,898 2,142 3,752 2,696
--------- --------- ---------- ----------
Net loss $ (6,648) $ (8,567) $ (14,874) $ (18,786)
========= ========= ========== ==========
Net loss per share before
non-cash compensation
expense $ (0.46) $ (0.66) $ (1.05) $ (1.46)
Non-cash compensation
expense (0.03) (0.06) (0.07) (0.11)
--------- --------- ---------- ----------
Net loss per share - basic
and diluted $ (0.49) $ (0.72) $ (1.12) $ (1.57)
========= ========= ========== ==========
Weighted-average shares
outstanding - basic
and diluted 13,530 11,974 13,287 11,945
========= ========= ========== ==========
Consolidated Balance Sheet
(In thousands)
June 30, December 31,
2002 2001
------------ ---------
(Unaudited)
Assets
Current Assets
Cash and cash equivalents $ 11,120 $ 15,587
Investment securities, available-for-sale 12,118 18,065
Accounts receivable, net 940 1,712
Costs and estimated earnings in excess of
billings on uncompleted contracts 1,925 1,584
Inventory, net 473 99
Current restricted investments 102 102
Other current assets 1,990 2,302
------------ ---------
Total current assets 28,668 39,451
Long-term investment, at cost - 624
Property and equipment, net 8,256 8,960
Restricted investments 1,356 1,434
Receivables from related parties, net 2,143 2,252
Other assets 829 1,334
------------ ---------
Total assets $ 41,252 $ 54,055
============ =========
Liabilities, Minority Interests and
Shareholders` Equity
Current Liabilities
Accounts payable $ 1,340 $ 1,613
Accrued liabilities 4,305 4,298
Allowance for estimated contract losses 155 155
Billings in excess of costs and estimated
earnings on uncompleted contracts 50 60
Current portion of capital lease obligations 78 170
Current portion of long-term debt 60 57
------------ ---------
Total current liabilities 5,988 6,353
Capital lease obligations, net of current
portion 34 61
Long-term debt, net of current portion 202 232
Deferred rent, net of current portion 267 259
------------ ---------
Total liabilities 6,491 6,905
------------ ---------
Commitments and Contingencies - -
Minority Interests 11,073 14,824
------------ ---------
Shareholders` Equity
Common stock and paid-in capital 141,341 135,954
Deferred compensation (1,938) (2,803)
Subscriptions receivable from related
parties (183) (321)
Accumulated other comprehensive income 273 427
Accumulated deficit (115,805) (100,931)
------------ ---------
Total shareholders` equity 23,688 32,326
------------ ---------
Total liabilities, minority interests and
shareholders` equity $ 41,252 $ 54,055
============ =========
Microvision, Inc.
Consolidated Statement of Operations
(In thousands, except earnings per share data)
(Unaudited)
Three months ended Six months ended
June 30, June 30,
2002 2001 2002 2001
--------- --------- ---------- ----------
Revenue $ 4,734 $ 1,772 $ 8,538 $ 4,109
Cost of revenue 2,195 1,081 4,006 2,643
--------- --------- ---------- ----------
Gross margin 2,539 691 4,532 1,466
--------- --------- ---------- ----------
Research and development
expense 5,960 8,035 13,329 16,009
Marketing, general and
administrative expense 4,373 3,303 8,882 7,004
Non-cash compensation
expense 398 764 913 1,319
--------- --------- ---------- ----------
Total operating
expenses 10,731 12,102 23,124 24,332
--------- --------- ---------- ----------
Loss from operations (8,192) (11,411) (18,592) (22,866)
Interest income 281 723 619 1,429
Interest expense (11) (21) (29) (45)
Loss due to impairment of
long-term investment (624) - (624) -
--------- --------- ---------- ----------
Loss before minority
interests (8,546) (10,709) (18,626) (21,482)
Minority interests in loss
of consolidated
subsidiary 1,898 2,142 3,752 2,696
--------- --------- ---------- ----------
Net loss $ (6,648) $ (8,567) $ (14,874) $ (18,786)
========= ========= ========== ==========
Net loss per share before
non-cash compensation
expense $ (0.46) $ (0.66) $ (1.05) $ (1.46)
Non-cash compensation
expense (0.03) (0.06) (0.07) (0.11)
--------- --------- ---------- ----------
Net loss per share - basic
and diluted $ (0.49) $ (0.72) $ (1.12) $ (1.57)
========= ========= ========== ==========
Weighted-average shares
outstanding - basic
and diluted 13,530 11,974 13,287 11,945
========= ========= ========== ==========
Fakten sehen nicht so toll aus:
3-4 Mio$ revenue, sprich max 300 verkaufte NOMADs, war mir klar. Flic-delay um 2 Quartale, eine MVIS-Krankheit. 20Mio$ Umsatz für 2002, sprich 8 Mio$ weniger als geplant. Deshalb auch die geplanten 2 Mio$ Einsparung pro Quartal...
Nur noch 23 Mio$ Cashreserven... reicht für max 3 Quartale! Weitere Finanzierungen auf bescheidenem Niveau unerläßlich. Das Problem: RR hat vor einem halben Jahr nie mit einem solchen Markt-und MVISabsturz gerechnet, verzichtete deshlab auf größere Finanzierungsrunden weil er auf steigende kurse gesetzt hat (deshalb verlor er auch MVIS auf margin call). Mir kam bei der Februarfinanzierung die gewaltige PR-Arbeit spanisch vor...
Denke die kurzfristige Kursrally ist vorüber und wir werden wieder bei 3$ stehen, ich persönlich würde meine 50% Gewinn mal nebenbei mitnehmen (wenn ich welche hätte).
M_3
3-4 Mio$ revenue, sprich max 300 verkaufte NOMADs, war mir klar. Flic-delay um 2 Quartale, eine MVIS-Krankheit. 20Mio$ Umsatz für 2002, sprich 8 Mio$ weniger als geplant. Deshalb auch die geplanten 2 Mio$ Einsparung pro Quartal...
Nur noch 23 Mio$ Cashreserven... reicht für max 3 Quartale! Weitere Finanzierungen auf bescheidenem Niveau unerläßlich. Das Problem: RR hat vor einem halben Jahr nie mit einem solchen Markt-und MVISabsturz gerechnet, verzichtete deshlab auf größere Finanzierungsrunden weil er auf steigende kurse gesetzt hat (deshalb verlor er auch MVIS auf margin call). Mir kam bei der Februarfinanzierung die gewaltige PR-Arbeit spanisch vor...
Denke die kurzfristige Kursrally ist vorüber und wir werden wieder bei 3$ stehen, ich persönlich würde meine 50% Gewinn mal nebenbei mitnehmen (wenn ich welche hätte).
M_3
Hallo Michael,
wieso glaubst Du, dass das Cyberhelm-BMW-Display nicht von MVIS ist ?
Schließlich gibt es eine Kooperation zwischen BMW und MVIS.
Gruß
wieso glaubst Du, dass das Cyberhelm-BMW-Display nicht von MVIS ist ?
Schließlich gibt es eine Kooperation zwischen BMW und MVIS.
Gruß
@Michael
Wie denn, so pessimistisch heute?
Ich glaube nicht, dass wir die 3$ so schnell wiedersehen. Wer Aktien verkaufen musste, hat das inzwischen getan. Sogar RR hat einen großen Teil abgegeben. Der Rest sitzt in festen Händen, solange ausreichend Phantasie und Geld zum weiter machen da ist.
Mit den heutigen Zahlen kann ich eigentlich noch ganz gut Leben. Delay bei Flic ist nicht so schön. Aber, hey, Nomad und Flic sind die ersten Produkte überhaupt und MVIS wird bald 10 Jahre alt.
@fulminator
Bei dem BMW-Display handelt es sich um ein ActiveMatrixLCD mit spezieller Optik. Schade, eigentlich. Microvision im F1-Renner wäre auch schön gewesen...
http://www.f1total.com/news/02081401.shtml
Wie denn, so pessimistisch heute?
Ich glaube nicht, dass wir die 3$ so schnell wiedersehen. Wer Aktien verkaufen musste, hat das inzwischen getan. Sogar RR hat einen großen Teil abgegeben. Der Rest sitzt in festen Händen, solange ausreichend Phantasie und Geld zum weiter machen da ist.
Mit den heutigen Zahlen kann ich eigentlich noch ganz gut Leben. Delay bei Flic ist nicht so schön. Aber, hey, Nomad und Flic sind die ersten Produkte überhaupt und MVIS wird bald 10 Jahre alt.
@fulminator
Bei dem BMW-Display handelt es sich um ein ActiveMatrixLCD mit spezieller Optik. Schade, eigentlich. Microvision im F1-Renner wäre auch schön gewesen...
http://www.f1total.com/news/02081401.shtml
Microvision Signs VAR Agreement with Liberty Aerospace; Companies Offer Head-up Display for Two-Seat General Aviation Aircraft
BOTHELL, Wash., Aug 15, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has signed an agreement with Liberty Aerospace, Inc. of Montrose, Colorado to resell the Nomad Personal Flight System.
Liberty Aerospace, www.libertyaircraft.com, is an emerging leader in the design and manufacture of two seat general aviation aircraft.
Liberty Aerospace will offer the Nomad Personal Flight System as a wearable, see-through, sunlight-readable, head-up display (HUD) within their newly released XL-2, a two seat touring aircraft that has been specifically designed to meet the needs of the private owner/pilot. The XL-2 has been heavily featured by leading general aviation trade publications as one of the most exciting new additions to the general aviation community. Utilizing the head-worn Nomad Personal Display as a HUD, coupled with a full Electronic Flight Instrument System (EFIS), pilots of the XL-2 will have a back-up system for the primary flight instrumentation. The Nomad System consists of the PCFLIGHTSYSTEMS attitude reference module and software coupled with a GPS receiver. The entire Nomad Personal Flight System operates independently of the avionics on the aircraft.
The Nomad System will be featured by Liberty Aerospace in their upcoming tour of the United States where pilots will be able to "test" fly the XL-2. The USA tour begins in mid-August in Atlanta, and continues through October. The route and sign-up information can be found on the Liberty Aerospace web site at http://www.libertyaircraft.com/shows/shows.htm
"Our partnership with Liberty Aerospace represents a truly historic event," stated Bruce Westcoat, Aerospace Marketing Manager for Microvision. "This is the first time in aviation history to our knowledge that a general aviation aircraft manufacturer has included a head-up display system as part of the aircraft`s purchase offering. Liberty Aerospace`s customers benefit because the Nomad System acts not only as a backup avionics system but also improves situational awareness for pilots by allowing them to pay more attention to the environment outside the aircraft.
With steady increases in air traffic, controlled airspace, and overall pilot workloads, we expect to see growing demand in the general aviation market for the Nomad System because of its important potential safety benefits," concluded Westcoat.
Ken Starnes, Liberty Aircraft Vice President, Sales & Marketing stated, "We at Liberty Aerospace are pleased and excited to be the first general aviation manufacturer to offer the Nomad Personal Flight System as a factory option in new airplanes. We believe the Nomad System gives our customers an added dimension of safety and situational awareness."
Microvision`s aerospace sales and marketing team is currently marketing the Nomad Personal Display System to potential value added resellers, OEMs and private pilots within the general aviation market. The company recently featured the Nomad Personal Flight System at the EAA Airventure Exposition in Oshkosh, Wisconsin and received overwhelmingly positive responses. Microvision presently has agreements with seven value added aerospace resellers for the Nomad Personal Display System.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution, head-worn display that presents images and information to the user on a see-through virtual 17-inch screen. This unique precision display instrument enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
By enabling users to merge their information space with their work-space, the Nomad System brings critical information to the point of task. From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere. The Nomad System retails for approximately $12,000 and is distributed through the company`s value added resellers network.
BOTHELL, Wash., Aug 15, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has signed an agreement with Liberty Aerospace, Inc. of Montrose, Colorado to resell the Nomad Personal Flight System.
Liberty Aerospace, www.libertyaircraft.com, is an emerging leader in the design and manufacture of two seat general aviation aircraft.
Liberty Aerospace will offer the Nomad Personal Flight System as a wearable, see-through, sunlight-readable, head-up display (HUD) within their newly released XL-2, a two seat touring aircraft that has been specifically designed to meet the needs of the private owner/pilot. The XL-2 has been heavily featured by leading general aviation trade publications as one of the most exciting new additions to the general aviation community. Utilizing the head-worn Nomad Personal Display as a HUD, coupled with a full Electronic Flight Instrument System (EFIS), pilots of the XL-2 will have a back-up system for the primary flight instrumentation. The Nomad System consists of the PCFLIGHTSYSTEMS attitude reference module and software coupled with a GPS receiver. The entire Nomad Personal Flight System operates independently of the avionics on the aircraft.
The Nomad System will be featured by Liberty Aerospace in their upcoming tour of the United States where pilots will be able to "test" fly the XL-2. The USA tour begins in mid-August in Atlanta, and continues through October. The route and sign-up information can be found on the Liberty Aerospace web site at http://www.libertyaircraft.com/shows/shows.htm
"Our partnership with Liberty Aerospace represents a truly historic event," stated Bruce Westcoat, Aerospace Marketing Manager for Microvision. "This is the first time in aviation history to our knowledge that a general aviation aircraft manufacturer has included a head-up display system as part of the aircraft`s purchase offering. Liberty Aerospace`s customers benefit because the Nomad System acts not only as a backup avionics system but also improves situational awareness for pilots by allowing them to pay more attention to the environment outside the aircraft.
With steady increases in air traffic, controlled airspace, and overall pilot workloads, we expect to see growing demand in the general aviation market for the Nomad System because of its important potential safety benefits," concluded Westcoat.
Ken Starnes, Liberty Aircraft Vice President, Sales & Marketing stated, "We at Liberty Aerospace are pleased and excited to be the first general aviation manufacturer to offer the Nomad Personal Flight System as a factory option in new airplanes. We believe the Nomad System gives our customers an added dimension of safety and situational awareness."
Microvision`s aerospace sales and marketing team is currently marketing the Nomad Personal Display System to potential value added resellers, OEMs and private pilots within the general aviation market. The company recently featured the Nomad Personal Flight System at the EAA Airventure Exposition in Oshkosh, Wisconsin and received overwhelmingly positive responses. Microvision presently has agreements with seven value added aerospace resellers for the Nomad Personal Display System.
Based on Microvision`s patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution, head-worn display that presents images and information to the user on a see-through virtual 17-inch screen. This unique precision display instrument enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
By enabling users to merge their information space with their work-space, the Nomad System brings critical information to the point of task. From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere. The Nomad System retails for approximately $12,000 and is distributed through the company`s value added resellers network.
Wenn BMW KEIN MVIS display für sein Formel1-Cockpit verwendet, heißt das nichts gutes! Es hätte meiner Ansicht nach sehr einfach sein müssen für MVIS, ein Helm-HUD zu entwickeln, mit all der Erfahrung aus Militärkontrakten usw.! Kosten spielen in der F1 keine Rolle, sondern es geht schlicht um Effektivität.
Es geht nicht um den einzelnen Kontrakt und die damit verpaßten paarhundet tausend Dollar, sondern um die schlechten Karten, ein MVIS-HUD in alle von BMW produzierten Autos zu bringen...
Developement contracts sind schön und gut, aber irgendwann müssen die Teile auch in Serie gehen und dasmit hoher Stückzahl! Der BMW-Kontrakt ist schon älter, man hat nichts mehr gehört...
aktuelle adhoc dürfte anno 2003 für ca 30 verkaufte Nomads sorgen...
hat sich jmd den CC angehört, geht >2 Stunden!
Es geht nicht um den einzelnen Kontrakt und die damit verpaßten paarhundet tausend Dollar, sondern um die schlechten Karten, ein MVIS-HUD in alle von BMW produzierten Autos zu bringen...
Developement contracts sind schön und gut, aber irgendwann müssen die Teile auch in Serie gehen und dasmit hoher Stückzahl! Der BMW-Kontrakt ist schon älter, man hat nichts mehr gehört...
aktuelle adhoc dürfte anno 2003 für ca 30 verkaufte Nomads sorgen...
hat sich jmd den CC angehört, geht >2 Stunden!
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=MVIS`&select…
Revenue . The Company earns revenue from performance on development contracts, sales of demonstration products, and sales of Nomad. Revenue in the three months ended June 30, 2002 increased by $2.9 million, or 167%, to $4.7 million from $1.8 million in the same period in 2001. For the three months ended June 30, 2002, 78% of revenue was derived from performance on development contracts with the United States government, 18% from performance on development contracts with commercial customers, and the remainder from the sales of Nomad units.
The Company is in the early phase of Nomad production and has not achieved production volumes to support commercial production as described in SFAS No. 2 “Accounting for Research and Development Cost.” The Company’s costs to produce Nomad units during the three months ended June 30, 2002 were substantially higher than product revenue. The Company has classified production cost in excess of product revenue as research and development expense. When the Company reaches normal Nomad production levels all manufacturing costs will be included in cost of revenue.
----------------------------------
ganze 16 verkaufte NOMADs in Q2...
Revenue . The Company earns revenue from performance on development contracts, sales of demonstration products, and sales of Nomad. Revenue in the three months ended June 30, 2002 increased by $2.9 million, or 167%, to $4.7 million from $1.8 million in the same period in 2001. For the three months ended June 30, 2002, 78% of revenue was derived from performance on development contracts with the United States government, 18% from performance on development contracts with commercial customers, and the remainder from the sales of Nomad units.
The Company is in the early phase of Nomad production and has not achieved production volumes to support commercial production as described in SFAS No. 2 “Accounting for Research and Development Cost.” The Company’s costs to produce Nomad units during the three months ended June 30, 2002 were substantially higher than product revenue. The Company has classified production cost in excess of product revenue as research and development expense. When the Company reaches normal Nomad production levels all manufacturing costs will be included in cost of revenue.
----------------------------------
ganze 16 verkaufte NOMADs in Q2...
eine weitere spende der US Army:
U.S. Army Awards Microvision $1.1 Million Addition to $3.3 Million Contract; Company Continues to Focus on Development of Wearable Display for Mobile Medics
BOTHELL, Wash., Aug 21, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has been awarded a $1.1 million addition to an existing $3.3 million development contract from the U.S. Army`s Medical Research and Material Command (USAMRMC), Telemedicine and Advanced Technology Research Center (TATRC).
The contract, originally announced on December 20, 2002, is to continue the next phase of development for a mobile wireless personal display system for medical applications.
The contract supports the objectives for the Army`s INFOMEDIC concept -- a mobile medical system that will enable military surgical personnel and medics to access, read, and transmit critical medical data via a head-worn display, wearable computer, and wireless network. Microvision will design, integrate, and test a head-worn mobile display solution based on its unique retinal scanning display technology to meet the Army`s medical system specification.
Based on Microvision`s patented light scanning technology, the Nomad(TM) Personal Display System is a high-resolution, head-worn display that presents images and information to the user on a see-through virtual 17-inch screen. This unique precision display instrument enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high-contrast images in even challenging ambient lighting conditions. High-quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
"Microvision`s contract with TATRC underscores the company`s objectives for the ongoing development of a family of personal displays based on the Nomad product," noted Rick Rutkowski, Microvision`s CEO. "This effort is expected to pave the way for subsequent additions to the Nomad product line that will feature enhancements in overall ergonomic design, form factor, and performance -- enhancements that we believe will benefit a variety of military, medical, aviation and industrial applications. The INFOMEDIC concept represents the future of battlefield medicine, and indeed the future of personal information display. We are excited about the opportunity to demonstrate the advantages that our display technology can bring to this critical aspect of military operations."
U.S. Army Awards Microvision $1.1 Million Addition to $3.3 Million Contract; Company Continues to Focus on Development of Wearable Display for Mobile Medics
BOTHELL, Wash., Aug 21, 2002 (BUSINESS WIRE) -- Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has been awarded a $1.1 million addition to an existing $3.3 million development contract from the U.S. Army`s Medical Research and Material Command (USAMRMC), Telemedicine and Advanced Technology Research Center (TATRC).
The contract, originally announced on December 20, 2002, is to continue the next phase of development for a mobile wireless personal display system for medical applications.
The contract supports the objectives for the Army`s INFOMEDIC concept -- a mobile medical system that will enable military surgical personnel and medics to access, read, and transmit critical medical data via a head-worn display, wearable computer, and wireless network. Microvision will design, integrate, and test a head-worn mobile display solution based on its unique retinal scanning display technology to meet the Army`s medical system specification.
Based on Microvision`s patented light scanning technology, the Nomad(TM) Personal Display System is a high-resolution, head-worn display that presents images and information to the user on a see-through virtual 17-inch screen. This unique precision display instrument enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high-contrast images in even challenging ambient lighting conditions. High-quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
"Microvision`s contract with TATRC underscores the company`s objectives for the ongoing development of a family of personal displays based on the Nomad product," noted Rick Rutkowski, Microvision`s CEO. "This effort is expected to pave the way for subsequent additions to the Nomad product line that will feature enhancements in overall ergonomic design, form factor, and performance -- enhancements that we believe will benefit a variety of military, medical, aviation and industrial applications. The INFOMEDIC concept represents the future of battlefield medicine, and indeed the future of personal information display. We are excited about the opportunity to demonstrate the advantages that our display technology can bring to this critical aspect of military operations."
Monday August 26, 1:26 pm Eastern Time
Press Release
SOURCE: Microvision, Inc.
Microvision Completes $3 Million Private Equity Placement
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 26, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies, today announced that it has completed a $3 million equity placement, consisting of common stock and common stock purchase warrants. ADVERTISEMENT
The offering consisted of 686,499 shares of registered common stock and 137,300 shares of common stock purchase warrants exercisable at $6.55 per share through August 26, 2007. The shares were offered under an existing shelf registration. Two existing institutional investors participated in the placement.
"We continue to have success in raising capital, even during very difficult market conditions," said Microvision CEO Rick Rutkowski. "We have raised a total of $23 million during the last 10 months, attracting capital from both new and existing investors. We believe that our continuing success in raising capital reflects both the progress the company has made and the exciting opportunities ahead of us. Maintaining a solid balance sheet with sufficient cash resources has been and will continue to be an important goal of the company."
Press Release
SOURCE: Microvision, Inc.
Microvision Completes $3 Million Private Equity Placement
BOTHELL, Wash.--(BUSINESS WIRE)--Aug. 26, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies, today announced that it has completed a $3 million equity placement, consisting of common stock and common stock purchase warrants. ADVERTISEMENT
The offering consisted of 686,499 shares of registered common stock and 137,300 shares of common stock purchase warrants exercisable at $6.55 per share through August 26, 2007. The shares were offered under an existing shelf registration. Two existing institutional investors participated in the placement.
"We continue to have success in raising capital, even during very difficult market conditions," said Microvision CEO Rick Rutkowski. "We have raised a total of $23 million during the last 10 months, attracting capital from both new and existing investors. We believe that our continuing success in raising capital reflects both the progress the company has made and the exciting opportunities ahead of us. Maintaining a solid balance sheet with sufficient cash resources has been and will continue to be an important goal of the company."
By Robert X. Cringely September 2002, Worth Magazine
Your big, bright CRT monitor (which isn`t such a friend after all) is doomed. So is your cool new LCD. You`re going to want a MEMS.
Nothing thrills a consumer-electronics executive so much as getting consumers to throw away all their old stuff and buy new. And we do it too, trading radio for television, monaural for stereo, AM for FM, black and white for color, 45s for LPs for cassettes for CDs, videos for DVDs. In each of these exchanges, there was generally nothing wrong with our old stuff. It was just that the new stuff was cooler. Now that`s marketing. And it is about to happen all over again. You and I are going to trade our televisions and computer monitors for what may appear to be an empty box as the age of the picture tube comes to an end.
Flat-panel liquid-crystal and plasma displays are the rage today for those who can afford them, but they`re not what I`m talking about. I`m talking about yet another type of display that promises to have a big impact on computers, televisions, and just about anywhere else you can imagine watching a moving picture—including at the movies. These displays are based on tiny machines called MEMS, for micro-electro-mechanical systems. They may well represent the first big success for the emerging nanotechnology industry.
Nanotechnology—the use of machines that are too small to be seen with the naked eye—is usually described in terms of microscopic scrubbers that will eventually be injected into the bloodstream to clean plaque from artery walls. That`s a terrific application, but it requires the manufacture of millions of little swimmers at a time when we haven`t yet built even one. The way to bootstrap nanotechnology is to find jobs that can be done by a single little device. Displays are perfect for that.
But let`s back up. Why are we writing off flat-panel liquid-crystal displays before most of us even have one? Flat panels are, well, flat, which gives them a wonderful advantage over traditional picture tubes. They`ve gotten cheaper too, and better at the same time, just as would any product that is based on chip-making technology. But there are real limits on how good, how big, and how cheap an LCD display can become. Chips get cheaper because they get smaller, but a 15-inch LCD display will always need a diagonal measurement of 15 inches, so it can`t get smaller at all. Yields can improve, volumes can increase and bring with them greater economies of scale, but Moore`s Law works only part-time for LCDs, which, for all their flatness, will always be fairly dim too. The details differ, but the same basic truths apply to plasma screens.
Meanwhile, cathode ray tubes—your old picture tube—have become incredibly cheap. A 19-inch computer screen that cost me more than $1,000 five years ago died recently, and I replaced it for less than $300. Computer monitors are so cheap that they are no longer worth fixing. And that`s part of the problem—disposing of all those disposable monitors and used-up TVs. In the United States, computer monitors are classed as toxic waste because each contains an average of eight pounds of lead. Where I live, the trashman charges $20 to haul one away. Multiply that by the 310 million monitors that will be trashed by 2004, and getting rid of them is not only a big headache but a big business.
If LCDs don`t scale well and CRTs are trying to kill us, how are MEMS any better? MEMS are computer chips that perform mechanical and sometimes chemical functions. Today they are found mainly at the heart of optical-data and telephone switches, sending billions of photons each down the correct piece of optical fiber toward its destination. MEMS in a computer display would control a scanning mirror two square millimeters in area. The microscanner moves both horizontally and vertically so that a single beam of light can be steered to project a complete video image.
The same MEMS chip can be used for displays of almost any size. All that matters is the brightness of the light source. Put a MEMS chip in your mobile phone and scan a low-power beam straight into your eye; don`t even bother with a screen. In this case, your retina is the screen, and the display can easily match the video quality of a big-screen TV. Scan a different signal into each eye, and you have 3-D. MEMS retinal displays in use today have such high color saturation that they are capable of displaying colors not yet seen on computer or television screens.
Use a more powerful light source, such as a laser, and the same MEMS chip can sit at the back of a television box (not a deep one either; a MEMS screen will be fairly thin), shining a high-resolution image against a translucent screen. A look inside that MEMS TV would show an almost empty box. More to the point for television and computer-monitor manufacturers, that empty box wouldn`t have to be built by bunny-suited workers in a computer clean room and would have almost no toxic components. That means it would be very cheap to build.
I`m only scratching the surface here of what MEMS chips can do. Eventually, they`ll power a tiny camera that will be installed inside real or artificial eyeballs. These bionic eyes will be the basis of artificial sight.
Really.
MEMS displays are exciting until you hear what they cost. The U.S. military buys MEMS-based retinal-scan displays for use by combat pilots for more than a half million dollars each. You can buy a civilian version of the same product, and it still costs more than $10,000—for one eye! But Moore`s Law is our friend, remember, so those prices will eventually plummet.
Down at the consumer level, the Microsoft of the MEMS-display business is Microvision, from Bothell, Washington. Microvision makes those expensive military displays, but says with a straight corporate face that the eventual target price for its MEMS-based scanning engine (the whole package—chip, mirror, and light source) is $40.
At a recent price of $4 a share, Microvision is down more than 80 percent from its price of a year ago, crushed along with a lot of other good technology companies. If Microvision can indeed produce $40 MEMS displays in the near future, those will eventually replace more than 300 million televisions and computer screens in the United States alone, making the stock a bargain and the company the answer to a consumer-electronics executive`s most ardent prayer.
--------------
--------------
"the Microsoft of the MEMS-display business is Microvision"
Ganz klar, darauf wartet jeder MVIS-Aktionär. Überteuerte displays wie derzeit verursachen nur Kosten, dienen im Endeffekt als R&D. Ist bei MVIS schon fast wie Lotto spielen, die Aussagen des Managements kann man - soviel habe ich auch hioer gelernt - getrost vergessen und zählen lediglich als public relation!
Wenn`s aber los geht, muß man die Firma kennen und am besten auch dabei sein...
Your big, bright CRT monitor (which isn`t such a friend after all) is doomed. So is your cool new LCD. You`re going to want a MEMS.
Nothing thrills a consumer-electronics executive so much as getting consumers to throw away all their old stuff and buy new. And we do it too, trading radio for television, monaural for stereo, AM for FM, black and white for color, 45s for LPs for cassettes for CDs, videos for DVDs. In each of these exchanges, there was generally nothing wrong with our old stuff. It was just that the new stuff was cooler. Now that`s marketing. And it is about to happen all over again. You and I are going to trade our televisions and computer monitors for what may appear to be an empty box as the age of the picture tube comes to an end.
Flat-panel liquid-crystal and plasma displays are the rage today for those who can afford them, but they`re not what I`m talking about. I`m talking about yet another type of display that promises to have a big impact on computers, televisions, and just about anywhere else you can imagine watching a moving picture—including at the movies. These displays are based on tiny machines called MEMS, for micro-electro-mechanical systems. They may well represent the first big success for the emerging nanotechnology industry.
Nanotechnology—the use of machines that are too small to be seen with the naked eye—is usually described in terms of microscopic scrubbers that will eventually be injected into the bloodstream to clean plaque from artery walls. That`s a terrific application, but it requires the manufacture of millions of little swimmers at a time when we haven`t yet built even one. The way to bootstrap nanotechnology is to find jobs that can be done by a single little device. Displays are perfect for that.
But let`s back up. Why are we writing off flat-panel liquid-crystal displays before most of us even have one? Flat panels are, well, flat, which gives them a wonderful advantage over traditional picture tubes. They`ve gotten cheaper too, and better at the same time, just as would any product that is based on chip-making technology. But there are real limits on how good, how big, and how cheap an LCD display can become. Chips get cheaper because they get smaller, but a 15-inch LCD display will always need a diagonal measurement of 15 inches, so it can`t get smaller at all. Yields can improve, volumes can increase and bring with them greater economies of scale, but Moore`s Law works only part-time for LCDs, which, for all their flatness, will always be fairly dim too. The details differ, but the same basic truths apply to plasma screens.
Meanwhile, cathode ray tubes—your old picture tube—have become incredibly cheap. A 19-inch computer screen that cost me more than $1,000 five years ago died recently, and I replaced it for less than $300. Computer monitors are so cheap that they are no longer worth fixing. And that`s part of the problem—disposing of all those disposable monitors and used-up TVs. In the United States, computer monitors are classed as toxic waste because each contains an average of eight pounds of lead. Where I live, the trashman charges $20 to haul one away. Multiply that by the 310 million monitors that will be trashed by 2004, and getting rid of them is not only a big headache but a big business.
If LCDs don`t scale well and CRTs are trying to kill us, how are MEMS any better? MEMS are computer chips that perform mechanical and sometimes chemical functions. Today they are found mainly at the heart of optical-data and telephone switches, sending billions of photons each down the correct piece of optical fiber toward its destination. MEMS in a computer display would control a scanning mirror two square millimeters in area. The microscanner moves both horizontally and vertically so that a single beam of light can be steered to project a complete video image.
The same MEMS chip can be used for displays of almost any size. All that matters is the brightness of the light source. Put a MEMS chip in your mobile phone and scan a low-power beam straight into your eye; don`t even bother with a screen. In this case, your retina is the screen, and the display can easily match the video quality of a big-screen TV. Scan a different signal into each eye, and you have 3-D. MEMS retinal displays in use today have such high color saturation that they are capable of displaying colors not yet seen on computer or television screens.
Use a more powerful light source, such as a laser, and the same MEMS chip can sit at the back of a television box (not a deep one either; a MEMS screen will be fairly thin), shining a high-resolution image against a translucent screen. A look inside that MEMS TV would show an almost empty box. More to the point for television and computer-monitor manufacturers, that empty box wouldn`t have to be built by bunny-suited workers in a computer clean room and would have almost no toxic components. That means it would be very cheap to build.
I`m only scratching the surface here of what MEMS chips can do. Eventually, they`ll power a tiny camera that will be installed inside real or artificial eyeballs. These bionic eyes will be the basis of artificial sight.
Really.
MEMS displays are exciting until you hear what they cost. The U.S. military buys MEMS-based retinal-scan displays for use by combat pilots for more than a half million dollars each. You can buy a civilian version of the same product, and it still costs more than $10,000—for one eye! But Moore`s Law is our friend, remember, so those prices will eventually plummet.
Down at the consumer level, the Microsoft of the MEMS-display business is Microvision, from Bothell, Washington. Microvision makes those expensive military displays, but says with a straight corporate face that the eventual target price for its MEMS-based scanning engine (the whole package—chip, mirror, and light source) is $40.
At a recent price of $4 a share, Microvision is down more than 80 percent from its price of a year ago, crushed along with a lot of other good technology companies. If Microvision can indeed produce $40 MEMS displays in the near future, those will eventually replace more than 300 million televisions and computer screens in the United States alone, making the stock a bargain and the company the answer to a consumer-electronics executive`s most ardent prayer.
--------------
--------------
"the Microsoft of the MEMS-display business is Microvision"
Ganz klar, darauf wartet jeder MVIS-Aktionär. Überteuerte displays wie derzeit verursachen nur Kosten, dienen im Endeffekt als R&D. Ist bei MVIS schon fast wie Lotto spielen, die Aussagen des Managements kann man - soviel habe ich auch hioer gelernt - getrost vergessen und zählen lediglich als public relation!
Wenn`s aber los geht, muß man die Firma kennen und am besten auch dabei sein...
Press Release Source: Microvision, Inc.
Microvision Signs Feasibility Agreement with Johnson & Johnson`s Ethicon Endo-Surgery Unit
Effort Will Target Medical Visualization Applications
Monday September 9, 6:00 am ET
BOTHELL, Wash.--(BUSINESS WIRE)--Sept. 9, 2002--Microvision, Inc. (Nasdaq:MVIS - News), the leader in light scanning technologies for personal displays and imaging solutions, today announced that it has entered into a Technology Feasibility Agreement with Ethicon Endo-Surgery, Inc., a Johnson & Johnson (NYSE:JNJ - News) company located in Cincinnati, Ohio.
The Agreement is designed to advance certain medical applications utilizing Microvision`s proprietary technology and to achieve initial proof-of-concept milestones. Under the agreement, Ethicon may during this period elect to exercise certain limited exclusive market rights to the technology under development for up to 13 months. "We are pleased and proud to be working with one of the world`s leading innovators of medical devices," said Todd McIntyre, Microvision vice president of business development. The agreement supports our strategy of extending our proprietary micro mirror technology platform into innovative high-value imaging and display applications that are also synergistic with other product development initiatives at Microvision. We continue to believe that our technology could have a truly significant impact in medical imaging and displays."
Microvision Signs Feasibility Agreement with Johnson & Johnson`s Ethicon Endo-Surgery Unit
Effort Will Target Medical Visualization Applications
Monday September 9, 6:00 am ET
BOTHELL, Wash.--(BUSINESS WIRE)--Sept. 9, 2002--Microvision, Inc. (Nasdaq:MVIS - News), the leader in light scanning technologies for personal displays and imaging solutions, today announced that it has entered into a Technology Feasibility Agreement with Ethicon Endo-Surgery, Inc., a Johnson & Johnson (NYSE:JNJ - News) company located in Cincinnati, Ohio.
The Agreement is designed to advance certain medical applications utilizing Microvision`s proprietary technology and to achieve initial proof-of-concept milestones. Under the agreement, Ethicon may during this period elect to exercise certain limited exclusive market rights to the technology under development for up to 13 months. "We are pleased and proud to be working with one of the world`s leading innovators of medical devices," said Todd McIntyre, Microvision vice president of business development. The agreement supports our strategy of extending our proprietary micro mirror technology platform into innovative high-value imaging and display applications that are also synergistic with other product development initiatives at Microvision. We continue to believe that our technology could have a truly significant impact in medical imaging and displays."
Short Interest
As of 8-Aug-2002
Shares Short 1.74M
Percent of Float 14.6%
Shares Short
(Prior Month) 1.66M
Short Ratio 11.93
Daily Volume 146.0K
As of 8-Aug-2002
Shares Short 1.74M
Percent of Float 14.6%
Shares Short
(Prior Month) 1.66M
Short Ratio 11.93
Daily Volume 146.0K
Microvision Launches Flic Laser Bar Code Scanner and Announces First Resellers
Company Showcases Novel Bar Code Scanner at Frontline Solutions & Supply Chain Week Trade Show in Chicago
Tuesday September 24, 6:01 am ET
CHICAGO--(BUSINESS WIRE)--Sept. 24, 2002-- Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies for personal displays and imaging solutions today announced that it has signed distribution agreements with two resellers of automatic identification data capture (AIDC) products.
ADVERTISEMENT
The agreements were signed with Abraham Technical (http://www.abetech.com) of Maple Grove, Minnesota, and Keystone Processing Group of Cherry Hill, New Jersey.
Each reseller plans to market the Flic(TM) (www.flicscanner.com) laser bar code scanner as part of their line of AIDC products. Microvision is commercially launching the Flic product at the industry`s leading AIDC conference, Frontline Solutions & Supply Chain Week Exposition, September 24 - 26th in Chicago.
The palm-sized Flic scanner offers a combination of scanning performance, ease of use and low price that is unique in the industry. With an MSRP of $129, Flic also comes with free software that enables even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without the programming and support requirements common to today`s bar code reading products. The innovative SoftWedge(TM) "virtual wedge" software automatically enters scanned bar code data into standard Windows® applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use. The company also offers a variety of accessories that support the Flic product`s ability to be used in diverse operating environments.
Tom Sanko, Microvision vice president of marketing commented, "Our strategy is to capture a portion of the $1.1 billion per year hand-held bar code scanner market with the Flic laser bar code scanner`s unique and compelling combination of price and performance. We believe the high level of interest showed by many distributors and resellers of AIDC products is an indication that the Flic product line represents an exciting business opportunity for our distribution partners. While our presence at Frontline Solutions & Supply Chain Week introduces the product to providers of supply chain management and other frontline applications, we believe the product will have an impact in other segments of the market, including retail. Our distribution strategy also includes private labeling the product on an OEM basis and we expect to establish one or more potentially significant OEM relationships. We are also excited about future extensions of the product including wireless connectivity solutions."
"We`re looking forward to carrying the Flic laser bar code scanner to fill a growing need in the AIDC market," stated Todd Jacobs, sales manager from Abraham Technical. "The Flic scanner offers a compelling combination of great performance and ergonomics at a great price -- laser scanner performance at the price of a wand scanner. As a result, the Flic scanner can provide affordable high performance bar code scanning for small to medium sized businesses and can also enable broader use of automated data capture in larger enterprises. We expect to receive a great response to our sales efforts over the coming months."
Company Showcases Novel Bar Code Scanner at Frontline Solutions & Supply Chain Week Trade Show in Chicago
Tuesday September 24, 6:01 am ET
CHICAGO--(BUSINESS WIRE)--Sept. 24, 2002-- Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies for personal displays and imaging solutions today announced that it has signed distribution agreements with two resellers of automatic identification data capture (AIDC) products.
ADVERTISEMENT
The agreements were signed with Abraham Technical (http://www.abetech.com) of Maple Grove, Minnesota, and Keystone Processing Group of Cherry Hill, New Jersey.
Each reseller plans to market the Flic(TM) (www.flicscanner.com) laser bar code scanner as part of their line of AIDC products. Microvision is commercially launching the Flic product at the industry`s leading AIDC conference, Frontline Solutions & Supply Chain Week Exposition, September 24 - 26th in Chicago.
The palm-sized Flic scanner offers a combination of scanning performance, ease of use and low price that is unique in the industry. With an MSRP of $129, Flic also comes with free software that enables even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without the programming and support requirements common to today`s bar code reading products. The innovative SoftWedge(TM) "virtual wedge" software automatically enters scanned bar code data into standard Windows® applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use. The company also offers a variety of accessories that support the Flic product`s ability to be used in diverse operating environments.
Tom Sanko, Microvision vice president of marketing commented, "Our strategy is to capture a portion of the $1.1 billion per year hand-held bar code scanner market with the Flic laser bar code scanner`s unique and compelling combination of price and performance. We believe the high level of interest showed by many distributors and resellers of AIDC products is an indication that the Flic product line represents an exciting business opportunity for our distribution partners. While our presence at Frontline Solutions & Supply Chain Week introduces the product to providers of supply chain management and other frontline applications, we believe the product will have an impact in other segments of the market, including retail. Our distribution strategy also includes private labeling the product on an OEM basis and we expect to establish one or more potentially significant OEM relationships. We are also excited about future extensions of the product including wireless connectivity solutions."
"We`re looking forward to carrying the Flic laser bar code scanner to fill a growing need in the AIDC market," stated Todd Jacobs, sales manager from Abraham Technical. "The Flic scanner offers a compelling combination of great performance and ergonomics at a great price -- laser scanner performance at the price of a wand scanner. As a result, the Flic scanner can provide affordable high performance bar code scanning for small to medium sized businesses and can also enable broader use of automated data capture in larger enterprises. We expect to receive a great response to our sales efforts over the coming months."
wieder kein BigPlayer (Flic)
Aktie mit Minimalstumsätze aus dem Fokus der Anleger
anstehende Quartalzahlen werden schwach
denke, dass NOMAD Flop bleibt
d.h.: Verluste um Verluste
Aktie mit Minimalstumsätze aus dem Fokus der Anleger
anstehende Quartalzahlen werden schwach
denke, dass NOMAD Flop bleibt
d.h.: Verluste um Verluste
Was ist heute bloß los, allg. Supertag an der Börse und jetzt noch das:
Microvision and BMW Showcase Revolutionary In-Vehicle Entertainment Display at Auto Shows
Laser-scanning projection display for passenger entertainment demonstrated in a BMW 7 Series sedan research car
Tuesday October 15, 6:30 am ET
BOTHELL, Wash.--(BUSINESS WIRE)--Oct. 15, 2002-- Microvision (Nasdaq:MVIS - News), the leader in light scanning technologies for displays and imaging, announced today that it has been working in close cooperation with German automaker BMW to create a revolutionary projection display system for rear-seat entertainment.
The display has been integrated into a BMW 7 Series sedan research car and is being showcased at the World Congress on Intelligent Transport Systems in Chicago October 14-17 and at Convergence 2002 in Detroit October 21-23.
The BMW/Microvision rear seat entertainment display system makes use of a highly innovative laser projection system developed by Microvision, and a screen -- about half the size of a piece of notebook paper -- mounted to the back of the front seat, enabling rear seat passengers to view high-resolution, full-motion video images in vivid color. The viewer can also adjust the position of the viewing surface by means of a convenient electronic actuator.
The compact microprojector module is unobtrusively integrated between the headliner and the roof of the car so that the projected image passes through a small window in the car`s headliner, and then is reflected off the viewing surface.
The unique scanning projection system combines individual red, green and blue laser light sources to form a single spot, which is then reflected off of a tiny vibrating mirror on a silicon chip and scanned through an optical system. The result is a bright display -- essential for daylight viewing -- with resolution comparable to a desktop monitor and superior color saturation and range of color.
Unlike a desktop monitor, the scanned beam display engine has the potential to be tiny: about the size of a thimble, excluding viewing optics. The combination of small package size, daylight readability, and accurate color reproduction makes the display a unique enabler for a variety of automotive applications.
Andrew Lee, Microvision VP Sales said, "This demonstrator is the first step toward developing a commercially available, rear seat entertainment system. Nothing like this has been attempted before because, until now, no other projection technology was capable of meeting the demanding requirements of the automotive environment. It has been a pleasure working closely with an innovative and forward-thinking company like BMW on this ground-breaking project."
Microvision`s unique scanned beam display technology platform can be configured to create a wide range of automotive display solutions including:
· Daylight readable, see-through head-up displays for instrumentation
· Night vision head-up display
· Re-configurable, rear-projection instrument cluster and center console displays
· Augmented rear-view mirror displays
· Entertainment and "infotainment" rear seat, front projection displays
To date, Microvision has built six different types of prototype displays for a variety of automotive partners, including BMW. According to Lee, "this exploration phase acts as our spring-board from which we intend to pursue commercialization of our technology with BMW and other potential customers."
About Microvision
The company, located on the web at www.microvision.com is headquartered in Bothell, Washington. Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
Forward Looking Statement Disclaimer
Certain statements contained in this release, including those relating to product demonstration, developing display solutions and commercializing display technology, and product applications 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: market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company`s SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2001 and its Quarterly Reports on Form 10-Q.
Contact:
Microvision
Matt Nichols, 425/415-6657 (media)
Brian Heagler, 425/415-6794 (investors)
Source: Microvision
@Michael_III:
Ist das jetzt endlich mal der gewünschte BigPlayer (mir langt´s vorerst mal)?
Gruß,
Kowloon
Microvision and BMW Showcase Revolutionary In-Vehicle Entertainment Display at Auto Shows
Laser-scanning projection display for passenger entertainment demonstrated in a BMW 7 Series sedan research car
Tuesday October 15, 6:30 am ET
BOTHELL, Wash.--(BUSINESS WIRE)--Oct. 15, 2002-- Microvision (Nasdaq:MVIS - News), the leader in light scanning technologies for displays and imaging, announced today that it has been working in close cooperation with German automaker BMW to create a revolutionary projection display system for rear-seat entertainment.
The display has been integrated into a BMW 7 Series sedan research car and is being showcased at the World Congress on Intelligent Transport Systems in Chicago October 14-17 and at Convergence 2002 in Detroit October 21-23.
The BMW/Microvision rear seat entertainment display system makes use of a highly innovative laser projection system developed by Microvision, and a screen -- about half the size of a piece of notebook paper -- mounted to the back of the front seat, enabling rear seat passengers to view high-resolution, full-motion video images in vivid color. The viewer can also adjust the position of the viewing surface by means of a convenient electronic actuator.
The compact microprojector module is unobtrusively integrated between the headliner and the roof of the car so that the projected image passes through a small window in the car`s headliner, and then is reflected off the viewing surface.
The unique scanning projection system combines individual red, green and blue laser light sources to form a single spot, which is then reflected off of a tiny vibrating mirror on a silicon chip and scanned through an optical system. The result is a bright display -- essential for daylight viewing -- with resolution comparable to a desktop monitor and superior color saturation and range of color.
Unlike a desktop monitor, the scanned beam display engine has the potential to be tiny: about the size of a thimble, excluding viewing optics. The combination of small package size, daylight readability, and accurate color reproduction makes the display a unique enabler for a variety of automotive applications.
Andrew Lee, Microvision VP Sales said, "This demonstrator is the first step toward developing a commercially available, rear seat entertainment system. Nothing like this has been attempted before because, until now, no other projection technology was capable of meeting the demanding requirements of the automotive environment. It has been a pleasure working closely with an innovative and forward-thinking company like BMW on this ground-breaking project."
Microvision`s unique scanned beam display technology platform can be configured to create a wide range of automotive display solutions including:
· Daylight readable, see-through head-up displays for instrumentation
· Night vision head-up display
· Re-configurable, rear-projection instrument cluster and center console displays
· Augmented rear-view mirror displays
· Entertainment and "infotainment" rear seat, front projection displays
To date, Microvision has built six different types of prototype displays for a variety of automotive partners, including BMW. According to Lee, "this exploration phase acts as our spring-board from which we intend to pursue commercialization of our technology with BMW and other potential customers."
About Microvision
The company, located on the web at www.microvision.com is headquartered in Bothell, Washington. Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company`s technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc.
Forward Looking Statement Disclaimer
Certain statements contained in this release, including those relating to product demonstration, developing display solutions and commercializing display technology, and product applications 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: market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company`s SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2001 and its Quarterly Reports on Form 10-Q.
Contact:
Microvision
Matt Nichols, 425/415-6657 (media)
Brian Heagler, 425/415-6794 (investors)
Source: Microvision
@Michael_III:
Ist das jetzt endlich mal der gewünschte BigPlayer (mir langt´s vorerst mal)?
Gruß,
Kowloon
70 verkaufte NOMADs - angeblich...
Associated Press
Wearable Computers Wave of Future
Wearable Computers May Be Part of the Next Computer Revolution
Wednesday October 9, 1:05 am ET
By ELIZABETH M. GILLESPIE, Associated Press Writer
SEATTLE (AP) -- Say you`re so hooked to your mouse, keyboard and computer monitor you
can hardly tear yourself away from your terminal.
You don`t have to. You can wear your computer.
Thad Starner, a computer science professor at Georgia Tech, has been walking around with his
for nearly a decade.
"Most people who stand in line at the
airport are just waiting there, bored. I`m
writing the next chapter of my book or
reading e-mail," Starner said Tuesday
at the International Symposium on
Wearable Computers at the University
of Washington.
Starner`s gear, which costs about
$4,500, includes a micro-optical
monitor hooked to his glasses, a cell
phone-shaped keyboard he straps to
the back of one hand and a small black
bag that holds a 1 1/2-pound computer.
"We`re going through another computer
revolution," said Starner, who, as a
student, founded the Massachusetts
Institute of Technology`s Wearable Computing Project in 1993 and is now part owner of
Charmed Technology Wireless Eyewear, based in Santa Monica, Calif.
"Just like the change from the mainframe to the minicomputer and ... the minicomputer to the
PC, we`re going to have a switch to wearable, which is going to completely change the way
people think about computing."
Microvision, Inc., based in Bothell northeast of Seattle, markets a personal display system
called Nomad. It`s a headset with a two-dimensional display window that hangs in front of one
eye.
The company has sold 70 of the devices -- which can be connected to other computer systems
-- since they went on the market early this year.
Surgeons are beginning to use it during image-guided operations like hip replacements.
Normally, they`d have to turn their heads to watch a television monitor showing them where
they`re supposed to cut. When they wear a Nomad, the images they need to see are right in
front of their eyes, superimposed on the patient.
Some small-plane pilots use the Nomad as a way to keep their eyes on the sky and their
gauges at the same time.
"They`re retailing at $10,000, which obviously you and I can`t buy," Microvision spokesman Matt
Nichols said. "But with volume, you`ve got a product where the components are only $40 or
$50."
The sixth annual symposium, sponsored by the Institute of Electrical and Electronics
Engineers, runs through Thursday.
Tuesday`s lineup included a fashion show where models showed off MP3-wired jackets,
arm-mounted keyboards, jackets that monitor your heart rate and various head-mounted
display systems.
Some concepts aren`t yet ready for the marketplace, but to wearable computer gurus, ideas
can be as exciting as products.
With the cell phones, personal digital assistants and global positioning system-driven gadgets
beginning to proliferate, it`s only a matter of time before they all get sewn into clothing.
"Wearable computing is inevitable," said Mark Billinghurst, director of the Human Interface
Technology Laboratory in New Zealand.
International Symposium on Wearable Computers, http://iswc.tinmith.net
--------------------
1.7 Mio shares short 9.Sept.02
Associated Press
Wearable Computers Wave of Future
Wearable Computers May Be Part of the Next Computer Revolution
Wednesday October 9, 1:05 am ET
By ELIZABETH M. GILLESPIE, Associated Press Writer
SEATTLE (AP) -- Say you`re so hooked to your mouse, keyboard and computer monitor you
can hardly tear yourself away from your terminal.
You don`t have to. You can wear your computer.
Thad Starner, a computer science professor at Georgia Tech, has been walking around with his
for nearly a decade.
"Most people who stand in line at the
airport are just waiting there, bored. I`m
writing the next chapter of my book or
reading e-mail," Starner said Tuesday
at the International Symposium on
Wearable Computers at the University
of Washington.
Starner`s gear, which costs about
$4,500, includes a micro-optical
monitor hooked to his glasses, a cell
phone-shaped keyboard he straps to
the back of one hand and a small black
bag that holds a 1 1/2-pound computer.
"We`re going through another computer
revolution," said Starner, who, as a
student, founded the Massachusetts
Institute of Technology`s Wearable Computing Project in 1993 and is now part owner of
Charmed Technology Wireless Eyewear, based in Santa Monica, Calif.
"Just like the change from the mainframe to the minicomputer and ... the minicomputer to the
PC, we`re going to have a switch to wearable, which is going to completely change the way
people think about computing."
Microvision, Inc., based in Bothell northeast of Seattle, markets a personal display system
called Nomad. It`s a headset with a two-dimensional display window that hangs in front of one
eye.
The company has sold 70 of the devices -- which can be connected to other computer systems
-- since they went on the market early this year.
Surgeons are beginning to use it during image-guided operations like hip replacements.
Normally, they`d have to turn their heads to watch a television monitor showing them where
they`re supposed to cut. When they wear a Nomad, the images they need to see are right in
front of their eyes, superimposed on the patient.
Some small-plane pilots use the Nomad as a way to keep their eyes on the sky and their
gauges at the same time.
"They`re retailing at $10,000, which obviously you and I can`t buy," Microvision spokesman Matt
Nichols said. "But with volume, you`ve got a product where the components are only $40 or
$50."
The sixth annual symposium, sponsored by the Institute of Electrical and Electronics
Engineers, runs through Thursday.
Tuesday`s lineup included a fashion show where models showed off MP3-wired jackets,
arm-mounted keyboards, jackets that monitor your heart rate and various head-mounted
display systems.
Some concepts aren`t yet ready for the marketplace, but to wearable computer gurus, ideas
can be as exciting as products.
With the cell phones, personal digital assistants and global positioning system-driven gadgets
beginning to proliferate, it`s only a matter of time before they all get sewn into clothing.
"Wearable computing is inevitable," said Mark Billinghurst, director of the Human Interface
Technology Laboratory in New Zealand.
International Symposium on Wearable Computers, http://iswc.tinmith.net
--------------------
1.7 Mio shares short 9.Sept.02
Microvision and Aircraft Spruce & Specialty Announce Distribution Agreement
Thursday October 17, 6:30 am ET
Leading Aircraft Parts Distributor to Carry Nomad Personal Display System
BOTHELL, Wash.--(BUSINESS WIRE)--Oct. 17, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has entered into an agreement with Aircraft Spruce & Specialty Co. for the sale and distribution of the Nomad Personal Display System. Aircraft Spruce & Specialty (www.aircraftspruce.com) is the largest distributor of aircraft materials, kit components and avionics supplies for the General Aviation industry.
ADVERTISEMENT
Under the agreement, Aircraft Spruce & Specialty will market and distribute the Nomad System as a wearable heads-up display (HUD) coupled with a full Electronic Flight Instrument System (EFIS) operating independently of all avionics on the aircraft. Utilizing the head-worn Nomad Personal Display as a HUD, coupled with a full EFIS, pilots will have a back-up system for the primary flight instrumentation.
"Our distribution agreement with Aircraft Spruce & Specialty represents an important milestone for Microvision," stated Bruce Westcoat, aviation marketing manager for Microvision. "This is our first large-scale distributor to join our channel development program and recognize the growing opportunity for the Nomad System. Aircraft Spruce & Specialty is well known for their introduction of innovative products, excellent customer relationships and service. With two distribution centers in the U.S. and international sales representatives in nine countries, Aircraft Spruce & Specialty currently provides same-day shipment of over 2,000 orders per day through its on-line and print catalog, as well as handles hundreds of retail walk-in customers at its facilities in Corona, CA, and Griffin, GA. With over 500,000 active general aviation pilots in the U.S. alone, we see tremendous market potential for the Nomad System to provide an important safety-enhancing visualization tool."
Jerry Aguilar, marketing director at Aircraft Spruce, stated: "We are excited about what the Nomad System offers pilots in the way of safety. We carry over 30,000 products, but the Nomad System is totally unique. The Nomad System provides a wearable display with a see-through format. This enables the pilot to focus outside the cockpit and increase situational awareness with the Nomad System acting as an independent back-up system for the primary flight instrumentation. This product goes a long way toward meeting the demand from pilots for systems that increase safety. We expect to see a positive sales response from pilots for the Nomad System."
Based on Microvision`s patented light scanning technology, the Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through, virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high-contrast images in even the most challenging ambient lighting conditions. High-quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
Thursday October 17, 6:30 am ET
Leading Aircraft Parts Distributor to Carry Nomad Personal Display System
BOTHELL, Wash.--(BUSINESS WIRE)--Oct. 17, 2002--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies for personal displays and imaging solutions, today announced that it has entered into an agreement with Aircraft Spruce & Specialty Co. for the sale and distribution of the Nomad Personal Display System. Aircraft Spruce & Specialty (www.aircraftspruce.com) is the largest distributor of aircraft materials, kit components and avionics supplies for the General Aviation industry.
ADVERTISEMENT
Under the agreement, Aircraft Spruce & Specialty will market and distribute the Nomad System as a wearable heads-up display (HUD) coupled with a full Electronic Flight Instrument System (EFIS) operating independently of all avionics on the aircraft. Utilizing the head-worn Nomad Personal Display as a HUD, coupled with a full EFIS, pilots will have a back-up system for the primary flight instrumentation.
"Our distribution agreement with Aircraft Spruce & Specialty represents an important milestone for Microvision," stated Bruce Westcoat, aviation marketing manager for Microvision. "This is our first large-scale distributor to join our channel development program and recognize the growing opportunity for the Nomad System. Aircraft Spruce & Specialty is well known for their introduction of innovative products, excellent customer relationships and service. With two distribution centers in the U.S. and international sales representatives in nine countries, Aircraft Spruce & Specialty currently provides same-day shipment of over 2,000 orders per day through its on-line and print catalog, as well as handles hundreds of retail walk-in customers at its facilities in Corona, CA, and Griffin, GA. With over 500,000 active general aviation pilots in the U.S. alone, we see tremendous market potential for the Nomad System to provide an important safety-enhancing visualization tool."
Jerry Aguilar, marketing director at Aircraft Spruce, stated: "We are excited about what the Nomad System offers pilots in the way of safety. We carry over 30,000 products, but the Nomad System is totally unique. The Nomad System provides a wearable display with a see-through format. This enables the pilot to focus outside the cockpit and increase situational awareness with the Nomad System acting as an independent back-up system for the primary flight instrumentation. This product goes a long way toward meeting the demand from pilots for systems that increase safety. We expect to see a positive sales response from pilots for the Nomad System."
Based on Microvision`s patented light scanning technology, the Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through, virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user`s view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high-contrast images in even the most challenging ambient lighting conditions. High-quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content.
From flight paths to factory floors, surgical suites, and more, the Nomad System can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets -- industrial, aerospace, medical, and military -- that enable customers to keep information in front of people engaged in manual tasks or on the move, allowing access to information at the point of task and information, anywhere.
auch Three-five-systems stark nach oben, mEn Gewinnmitnahmen seitens shorts, würde Sinn machen. Die werden bei fundamental unveränderter Lage bei 6, 7 Dollar wieder für Druck sorgen... wenn sich dann aber auch fundamental etwas ändert, schießt die Aktie binnen weniger Wochen um 100-200% nach oben.
Fundamental bisher nur neue VARs, darunter mal ein größerer. BMW schön und gut, aber nüchterm betrachtet würde eine Kommerzialisierung noch Jahre brauchen...
wird noch ein langer Weg
Fundamental bisher nur neue VARs, darunter mal ein größerer. BMW schön und gut, aber nüchterm betrachtet würde eine Kommerzialisierung noch Jahre brauchen...
wird noch ein langer Weg
Hast recht Michael, denke auch das man einen (sehr) langen
Atem bei Microvision haben muß - zumindest was den Einsatz in Handys betrifft. Andere Anwendungen sind da schon in
viel kürzeren Zeitabständen zu realisieren z.B. Anwendungen
bei OP´s, in Flugzeugen etc... Allein da ist schon großes Potential vorhanden.
Nun ist es aber so, dass man Handys nun einmal voll Internetfähig machen möchte und dazu gehört halt ein vernünftig großes Bild für den Betrachter. MVIS Technik könnte dies leisten und wird es eines tages vielleicht auch. Ich denke aber bevor es soweit ist wird erst eine
andere Technik eingesetzt werden und ich glaube das werden
Microdisplays sein (und somit sollte sich auch damit Geld verdienen lassen). In diesem Zusammenhang mal eine Frage:
Was hälst du von den Firmen Three-Five und Kopin?
Gruß Markus!
Atem bei Microvision haben muß - zumindest was den Einsatz in Handys betrifft. Andere Anwendungen sind da schon in
viel kürzeren Zeitabständen zu realisieren z.B. Anwendungen
bei OP´s, in Flugzeugen etc... Allein da ist schon großes Potential vorhanden.
Nun ist es aber so, dass man Handys nun einmal voll Internetfähig machen möchte und dazu gehört halt ein vernünftig großes Bild für den Betrachter. MVIS Technik könnte dies leisten und wird es eines tages vielleicht auch. Ich denke aber bevor es soweit ist wird erst eine
andere Technik eingesetzt werden und ich glaube das werden
Microdisplays sein (und somit sollte sich auch damit Geld verdienen lassen). In diesem Zusammenhang mal eine Frage:
Was hälst du von den Firmen Three-Five und Kopin?
Gruß Markus!
sorry, kein Checker über TFS, Kopin & Co.
TFS zumindest deutlich weiter in der Entwicklung und Vermarktung ihrer Displays, aber natürlich keine so faszinierende Technik wie MVIS.
TFS zumindest deutlich weiter in der Entwicklung und Vermarktung ihrer Displays, aber natürlich keine so faszinierende Technik wie MVIS.
http://biz.yahoo.com/prnews/021028/lam042_1.html
Three-Five Systems SVGA Microdisplay Selected for Next Generation Sighting System
Monday October 28, 9:05 am ET
Brillian(TM) LCoS(TM) Microdisplays Outperform Other Microdisplay Technologies in Advanced Near-To-Eye Military Application
TEMPE, Ariz., Oct. 28 /PRNewswire-FirstCall/ -- Three-Five Systems, Inc. (NYSE: TFS - News), a leading provider of liquid crystal and microdisplay products, today announced Brashear LP has selected Three-Five`s Brillian Z86D-3 Microdisplays to be the primary display in the XM29, an advanced, next generation weapon for US ground troops. Three-Five will provide Brashear with SVGA microdisplays, ASICs and optics and illumination consultation for the target acquisition and fire control aiming system in the XM29. This unique aiming system improves soldier safety by increasing soldier accuracy and decreasing combat exposure time.
ADVERTISEMENT
"Of the three microdisplay technologies alternatives available to us, Three-Five`s Z86D-3 Microdisplay was selected for superior image quality and for best meeting the program requirements," stated Lash Rosengrant, Brashear`s Product Line Manager for Ground Fire Control Systems.
This demanding application had five key requirements: 1) wide operating temperature to withstand the rigors of combat environments, 2) long lifetime to keep maintenance to a minimum, 3) the ability to view images in both full color and monochrome for accurate viewing during regular (day) and night vision modes, 4) superior image quality for enhanced target detection, and 5) high brightness. After rigorous evaluation, both qualitatively and quantitatively by Brashear and the Army, Brashear selected Three-Five`s Brillian Z86D-3 Microdisplays and ASICs over other microdisplay technologies.
Three-Five`s LCoS Microdisplay technology met or exceeded all of the key requirements for the XM29 system. The Brillian Z86D-3 can withstand extreme environmental conditions and perform in a variety of environments. Three- Five`s microdisplay technology features expected lifetimes of nearly 1,000,000 hours mean time to failure and has a flexible interface which enables it to be used in both monochrome and color modes. The Z86D-3 microdisplay offers the highest available frame rate for near-to-eye microdisplays of 120Hz, or 360 Hz RGB colors per second, neutralizing the motion artifacts and flicker visible in some microdisplays. It also offers an industry-leading pixel fill factor of 93 percent, which results in very bright, non-pixelated, smooth images at high magnification.
"During the evaluation by Brashear, we were compared to competing technologies and our liquid crystal on silicon technology outperformed transmissive polysilicon and OLED on silicon in meeting the program requirements," said Rainer Kuhn, Three-Five`s Senior Director of Personal Display Systems Sales and Marketing. "This is an important win for us. The quantitative evaluation endorses our technology as the best candidate to withstand the rigors of the military environment and demonstrates that LCoS- based microdisplays, with fill factors 2 to 3 times that of some competing technologies, can deliver the image quality that users need."
The XM29 is a next generation combat weapon with a sophisticated fire control system developed by Brashear. The XM29 system prime contractor is Alliant Integrated Defense Company, Plymouth, MN and the program is managed by the Product Manager-Individual Weapons, Picatinny Arsenal, NJ. This advanced sighting system, equipped with Three-Five`s LCoS Microdisplay, will allow soldiers to engage their enemy more accurately from safer distances. In addition to improving soldier safety, the computerized electronic aiming system has full day/night capability and will improve target detection and recognition in adverse conditions such as the dark of night or rain. The XM29 provides enhanced weapon effectiveness, small and lightweight packaging, rugged and reliable operation and the ability to defeat defilade targets.
Three-Five Systems offers the OEM/ODM community a total chipset solution for each display, which includes driver ICs, illumination control circuitry, development kits and complete system reference designs enabling rapid product development and deployment. To request a datasheet or for other sales information, please contact us at www.display@threefive.com .
---------------------
eine klare Sprache! MVIS noch sehr weit hinten...
auch noch eine klare Sprache:
2002-10-14 CANADIAN IMPERIAL HLDG INC 29,600 Planned Sale
(Estimated proceeds of $118,400)
Three-Five Systems SVGA Microdisplay Selected for Next Generation Sighting System
Monday October 28, 9:05 am ET
Brillian(TM) LCoS(TM) Microdisplays Outperform Other Microdisplay Technologies in Advanced Near-To-Eye Military Application
TEMPE, Ariz., Oct. 28 /PRNewswire-FirstCall/ -- Three-Five Systems, Inc. (NYSE: TFS - News), a leading provider of liquid crystal and microdisplay products, today announced Brashear LP has selected Three-Five`s Brillian Z86D-3 Microdisplays to be the primary display in the XM29, an advanced, next generation weapon for US ground troops. Three-Five will provide Brashear with SVGA microdisplays, ASICs and optics and illumination consultation for the target acquisition and fire control aiming system in the XM29. This unique aiming system improves soldier safety by increasing soldier accuracy and decreasing combat exposure time.
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"Of the three microdisplay technologies alternatives available to us, Three-Five`s Z86D-3 Microdisplay was selected for superior image quality and for best meeting the program requirements," stated Lash Rosengrant, Brashear`s Product Line Manager for Ground Fire Control Systems.
This demanding application had five key requirements: 1) wide operating temperature to withstand the rigors of combat environments, 2) long lifetime to keep maintenance to a minimum, 3) the ability to view images in both full color and monochrome for accurate viewing during regular (day) and night vision modes, 4) superior image quality for enhanced target detection, and 5) high brightness. After rigorous evaluation, both qualitatively and quantitatively by Brashear and the Army, Brashear selected Three-Five`s Brillian Z86D-3 Microdisplays and ASICs over other microdisplay technologies.
Three-Five`s LCoS Microdisplay technology met or exceeded all of the key requirements for the XM29 system. The Brillian Z86D-3 can withstand extreme environmental conditions and perform in a variety of environments. Three- Five`s microdisplay technology features expected lifetimes of nearly 1,000,000 hours mean time to failure and has a flexible interface which enables it to be used in both monochrome and color modes. The Z86D-3 microdisplay offers the highest available frame rate for near-to-eye microdisplays of 120Hz, or 360 Hz RGB colors per second, neutralizing the motion artifacts and flicker visible in some microdisplays. It also offers an industry-leading pixel fill factor of 93 percent, which results in very bright, non-pixelated, smooth images at high magnification.
"During the evaluation by Brashear, we were compared to competing technologies and our liquid crystal on silicon technology outperformed transmissive polysilicon and OLED on silicon in meeting the program requirements," said Rainer Kuhn, Three-Five`s Senior Director of Personal Display Systems Sales and Marketing. "This is an important win for us. The quantitative evaluation endorses our technology as the best candidate to withstand the rigors of the military environment and demonstrates that LCoS- based microdisplays, with fill factors 2 to 3 times that of some competing technologies, can deliver the image quality that users need."
The XM29 is a next generation combat weapon with a sophisticated fire control system developed by Brashear. The XM29 system prime contractor is Alliant Integrated Defense Company, Plymouth, MN and the program is managed by the Product Manager-Individual Weapons, Picatinny Arsenal, NJ. This advanced sighting system, equipped with Three-Five`s LCoS Microdisplay, will allow soldiers to engage their enemy more accurately from safer distances. In addition to improving soldier safety, the computerized electronic aiming system has full day/night capability and will improve target detection and recognition in adverse conditions such as the dark of night or rain. The XM29 provides enhanced weapon effectiveness, small and lightweight packaging, rugged and reliable operation and the ability to defeat defilade targets.
Three-Five Systems offers the OEM/ODM community a total chipset solution for each display, which includes driver ICs, illumination control circuitry, development kits and complete system reference designs enabling rapid product development and deployment. To request a datasheet or for other sales information, please contact us at www.display@threefive.com .
---------------------
eine klare Sprache! MVIS noch sehr weit hinten...
auch noch eine klare Sprache:
2002-10-14 CANADIAN IMPERIAL HLDG INC 29,600 Planned Sale
(Estimated proceeds of $118,400)
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