Wednesday, October 8, 2008

Asia Optical to Deploy Microvision's PicoP Display Technology

Asia Optical to Deploy Microvision's PicoP Display Technology

By Arvind Arora
TMCnet Contributing Editor

Microvision (News - Alert), Inc., a company that provides ultra-miniature projection display and image capture products, reportedly has announced an agreement with Asia Optical Co., Inc., a manufacturer of electro-optical components.

Under the agreement, Asia Optical will deploy Microvision’s proprietary PicoP technology to manufacture PicoP display engines and Microvision’s first stand-alone accessory Pico projector products.

The first units manufactured under the agreement are expected to be completed later this year, and the design for manufacturing collaboration between the two companies for high-volume production has already begun.

Microvision’s ultra-miniature, low-power PicoP display engine produces bright, large-size, high-resolution, color-rich images that are always in focus. Potential applications for the display engine include embedded or accessory projectors for mobile phones, personal media players, laptops and hand-held gaming devices. Various original equipment manufacturers and distributors have shown strong interest in the technology.

The PicoP display technology by Microvision is a platform designed to enable next-generation display and imaging products for Pico projectors, vehicle displays, and wearable displays that interface with mobile devices. Featuring its proprietary MEMS technology, the company also manufactures and sells its bar code scanner product line.

Alexander Tokman, president and chief executive officer of Microvision, said that the company’s PicoP go-to-market strategy leverages strategic supply chain partnerships, and that Microvision is excited to formally announce its partnership with Asia Optical.

Tokman said that this agreement represents a milestone in company’s PicoP commercialization plan, as Asia Optical’s production capabilities are outstanding and they are one of the world’s largest high-volume and vertically integrated manufacturers of digital cameras, DVD engines and electronics assemblies etc.

Robert Lai, founder, chairman and chief executive officer of Asia Optical, said that Microvision has an outstanding display technology that will revolutionize the mobile handset marketplace.

Lai said that Asia Optical believes Microvision’s PicoP display will provide the consumers with new and exciting mobile projection display functionality that can not be achieved through traditional display technologies.

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