MicroVision Announces Retirement of General Counsel David Westgor
March 11 2021 - 4:05PM
MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid
state automotive lidar and micro-display technology for augmented
reality, today announced that David Westgor is stepping down from
his role as General Counsel.
“I am proud to have been able to work with an exceptional
management team, board and legal group to help lead the evolution
of the Company for over 15 years including the last 8 years as
General Counsel,” said Westgor. “I believe that this is an exciting
time for MicroVision. However, at 67, I believe the time is right
for me to move forward with my retirement plans and enjoy the road
ahead with my wife and family. I will be stepping back from my
current role but will continue to provide support to the Company on
a consulting basis through June as the Company transitions to a new
general counsel.”
“MicroVision has been incredibly fortunate to have David Westgor
serve as our General Counsel,” said Brian Turner, Chairman and
Independent Director at MicroVision. “David’s integrity, deep
experience in law, governance and leadership have provided great
insight, guidance and tremendous value to the board and the
company. He is a marvelous person to know and work alongside and
will be greatly missed.”
“David has guided the business through the long period of
maturing our technology and intellectual property to be well
positioned to execute on our strategy. On behalf of all our
employees, I would like to thank him for his dedication and service
to help us reach this point. I have really enjoyed working with him
and will miss his counsel,” said Sumit Sharma, Chief Executive
Officer at MicroVision.
About MicroVision
MicroVision is a pioneering company in MEMS based laser beam
scanning technology that integrates MEMS, lasers, optics, hardware,
algorithms and machine learning software into its proprietary
technology to address existing and emerging markets. The Company’s
integrated approach uses its proprietary technology to provide
solutions for automotive lidar sensors, augmented reality
micro-display engines, interactive display modules and consumer
lidar modules.
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 is a
trademark 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 the
Company’s execution on strategy, product applications and
statements using words such as “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 such forward-looking
statements include the risk that the Company may not succeed in
finding licensing or other strategic solutions, including a
potential sale of the Company, with acceptable timing, benefits or
costs; its ability to operate with limited cash or to raise
additional capital when needed; market acceptance of its
technologies and products or for products incorporating its
technologies; the failure of its commercial partners to perform as
expected under its agreements, including from the impact of
COVID-19 (coronavirus); its ability to identify parties interested
in paying any amounts or amounts that the Company deems desirable
for the purchase or license of intellectual property assets; its or
its customers’ failure to perform under open purchase orders; its
financial and technical resources relative to those of its
competitors; its ability to keep up with rapid technological
change; government regulation of its technologies; its ability to
enforce its intellectual property rights and protect its
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 its products; potential product liability claims; its
ability to maintain its 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
the Company. 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 the Company to a greater extent than
indicated. Except as expressly required by federal securities laws,
the Company undertakes 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
Microvision (NASDAQ:MVIS)
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