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Microvision owns approximately 4.9 million shares of LMRA.
Lumera Announces Shipment of Production Devices to Multiple Customers
Lumera Announces Shipment of Production Devices to Multiple Customers
BOTHELL, Wash.--(BUSINESS WIRE)--Sept. 19, 2005--Lumera Corporation (NASDAQ:LMRA - News), an emerging leader in the field of nanotechnology, announced today that it has successfully shipped electro-optic modulators to multiple customers.
During the past six months, Lumera has received orders for electro-optic modulators from Raytheon, undisclosed defense contractors and government agencies. Additionally, a semiconductor chip company ordered modulators to evaluate for board level and chip level optical interconnects.
"Today is another important milestone for Lumera," said Lumera Chief Executive Officer Tom Mino. "It is a measurement of our evolution from a world class research company to one that is delivering viable commercial products into the marketplace."
Lumera is using proprietary nanotechnology to develop unique materials addressing several multi-billion dollar marketplaces. Lumera is currently developing products for the optical/telecommunications, and the bioscience/biotech marketplaces.
"We continue to see significant revenue opportunities for our proprietary products and technology," continued Mino. "We view the shipping of products as positive evidence of our ability to pursue these opportunities."
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