Statement from MicroVision CEO Perry Mulligan
November 20 2017 - 9:00AM
Business Wire
Perry Mulligan issues a statement as he assumes
the CEO role at MicroVision (NASDAQ:MVIS):
As I start my first full week as MicroVision CEO, I want to
share my thoughts on the opportunities ahead. Through my time on
the company’s board of directors, I am familiar with the management
team and the business plan and that has been an advantage while
stepping into the CEO role. I am now getting the chance to meet
more of the MicroVision team working on the development programs
for both our engine products and the custom display solution for a
major technology company. We have top-tier technical talent working
on these programs, and I am impressed with the people in place, the
plans to supplement existing expertise and the progress being
made.
My plan is to continue executing the business plan while
surveying the market, meeting our current and potential customers
and evaluating the technology platform to determine where it can be
applied to best advantage in addition to the opportunities we are
already pursuing. One of the things that made a big impression on
me as I talked to employees last week is the enthusiasm and
optimism for the opportunities to apply our PicoP® scanning
technology to the mobility, IoT, and LiDAR markets and the pride in
the developments this team is making to the platform to align to
those opportunities. I look forward to leading the team as we go
after these opportunities and to getting to know the shareholders
who have been the backbone of our company for many years.
Perry Mulligan, CEO and directorNovember 20, 2017
About MicroVision
MicroVision is the creator of PicoP® scanning technology, an
ultra-miniature laser projection and sensing solution based on the
laser beam scanning methodology pioneered by the company.
MicroVision's platform approach for this advanced display and
sensing solution means that it can be adapted to a wide array of
applications and form factors. It is an advanced solution for a
rapidly evolving, always-on world. Extensive research has led
MicroVision to become an independently recognized leader in the
development of intellectual property. MicroVision’s IP portfolio
has been recognized by the Patent Board as a top 50 IP portfolio
among global industrial companies and has been included in the
Ocean Tomo 300 Patent Index. The company is based in Redmond,
Wash.
For more information, visit the company’s website at
www.microvision.com, on Facebook at www.facebook.com/MicroVisionInc
or follow MicroVision on Twitter at @MicroVision.
MicroVision and PicoP are trademarks of MicroVision, Inc. in the
United States and other countries. All other trademarks are the
properties of their respective owners.
Forward-Looking Statements
Certain statements contained in this release, including those
relating to possibilities for future product, product applications,
potential opportunities, development programs and expansion into
new markets are forward-looking statements that involve a number of
risks and uncertainties. Factors that could cause actual results to
differ materially from those projected in the company's
forward-looking statements include the following: our ability to
raise additional capital when needed; products incorporating our
PicoP® scanning technology may not achieve market acceptance,
commercial partners may not perform under agreements as
anticipated, we may be unsuccessful in identifying parties
interested in paying any amounts or amounts we deem desirable for
the purchase or license of IP assets, our or our customers failure
to perform under open purchase orders; our financial and technical
resources relative to those of our competitors; our ability to keep
up with rapid technological change; 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 and delays in product development; the ability to achieve
key technical milestones in key products; dependence on third
parties to develop, manufacture, sell and market our products;
potential product liability claims; and other risk factors
identified from time to time in the company's SEC reports,
including the company's Annual Report on Form 10-K filed with the
SEC. Except as expressly required by federal securities laws, we
undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, changes in circumstances or any other reason.
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version on businesswire.com: http://www.businesswire.com/news/home/20171120005362/en/
MicroVision, Inc.Investors:Dawn Goetter,
425-882-6629ir@microvision.comorMedia:Heather Hewit,
732-212-0823heatherh@lotus823.com
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