MicroVision Announces Addition of Judy Curran to its Board of Directors
December 01 2020 - 8:30AM
MicroVision, Inc. (Nasdaq: MVIS), an innovative leader in solid
state lidar sensor and ultra-miniature laser display technology
based on its proprietary laser beam scanning technology, today
announced Judy Curran was appointed to its board of directors.
Curran is an accomplished senior automotive executive with over
30 years of experience in vehicle program, engineering and
technology leadership. Curran has a strong record of leading
innovation at Ford Motor Company where she served in a number of
executive positions including Director of Technology Strategy,
where she developed the cross-vehicle global strategy for key new
technologies including assisted driving, infotainment, new
electrical architectures, and connectivity. Previous executive
roles at Ford included Vehicle Line Director, Vehicle Evaluation
and Validation Director and VP Engineering for Automotive
Components Holding LLC. Curran currently works at Ansys as its Head
of Global Automotive Strategy. Ansys is a simulation software
company used to simulate multi-physic systems including ADAS
systems.
In addition to her executive experience, Curran has served on
several boards including the Automotive Component Holdings
Operating Board, a Ford Subsidiary; Board of Directors Executive
Committee, Inforum Automotive NEXT; Board of Advisors, College of
Engineering, Lawrence Technological University; German American
Chamber of Commerce Board - Detroit Office and Board of Directors
for SAE Foundation, SAE WCX, and SAE GLC Committees. Curran earned
her Bachelor of Science in Electrical Engineering and Computer
Software at Lawrence Technological University and her Master of
Science in Electrical Engineering at the University of
Michigan.
“Judy has an extensive background in executive and strategic
leadership in the automotive industry during a distinguished career
at Ford. We are fortunate to have her join our board,” said Brian
Turner, Chairman and Lead Independent Director at MicroVision. “I
believe automotive lidar sensor technology represents a significant
opportunity and potential value to our shareholders. Judy brings a
deep understanding of the current automotive marketplace including
new technology, business strategy, operations and management. Her
role at Ford Motor Company leading assisted driving strategy and
other technology initiatives strengthens our board as we consider
various opportunities. She will be a valuable addition to the
MicroVision board of directors.”
“I am very excited to join the MicroVision board and I look
forward to working with Brian, my fellow directors and management
as the Company continues to explore strategic options with
Craig-Hallum Capital Group, LLC, its financial advisor,” said
Curran. “I am eager to bring my experience and energy to the board
and help guide the Company in implementing a successful
strategy.”
About MicroVision
MicroVision is the creator of PicoP® scanning technology, an
ultra-miniature sensing and projection solution based on the laser
beam scanning methodology pioneered by the Company. MicroVision’s
platform approach for this sensing and display solution means that
its technology can be adapted to a wide array of applications and
form factors. We combine our hardware, software, and algorithms to
unlock value for our customers by providing them a differentiated
advanced solution for a rapidly evolving, always-on world.
MicroVision has a substantial portfolio of patents relating to
laser beam scanning projection and sensing. MicroVision’s industry
leading technology is a result of its extensive research and
development. The Company is based in Redmond, Washington.
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 potential of the Company, potential strategic options,
commercialization of the Company’s technology, the Company’s future
products and product applications and those including words like
“believe” are forward-looking statements that involve a number of
risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those
projected in our forward-looking statements include the risk that
the Company may not succeed in finding strategic solutions,
including a potential sale of the Company, with acceptable timing,
benefits or costs, our ability to operate with limited cash or to
raise additional capital when needed; market acceptance of our
technologies and products; and for products incorporating our
technologies; the failure of our commercial partners to perform as
expected under our agreements, including from the impact of the
COVID-19 (coronavirus); our ability to identify parties interested
in paying any amounts or amounts we deem desirable for the purchase
or license of intellectual property 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 and
develop partnership opportunities; 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; our ability to maintain our
listing on the Nasdaq Stock Market, 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. These factors are not intended to represent a complete list of
the general or specific factors that may affect us. It should be
recognized that other factors, including general economic factors
and business strategies, may be significant, now or in the future,
and the factors set forth in this release may affect us to a
greater extent than indicated. 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.
Investor Relations Contact
David H. AllenDarrow Associates,
Inc.408.427.4463dallen@darrowir.com
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