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Claudio Ruben Resigns from Microvision Board
Company Expects to Name New Members to Its Board
REDMOND, Wash.--(BUSINESS WIRE)--March 14, 2006--Microvision, Inc. (Nasdaq:MVIS - News), today announced that Claudio Ruben resigned from its Board of Directors for personal reasons.
"I enjoyed being a member of Microvision's Board, and I fully support the Company's management team in its implementation of a new business strategy, the 2006 operating plan and organizational changes at all levels," said Ruben. "I believe that the new management team is taking the right steps to get the Company back on track, and I regret that, due to personal reasons, I will not continue to serve our shareholders as a director."
"We are going to miss Claudio's expertise and good counsel," said Alexander Tokman, President and CEO of Microvision. "He has been a real asset during his short time on the Board, but we understand his decision to step down. I thank him personally for his invaluable contributions and sound judgment."
"We have been in discussions with a number of new potential Board members, each of whom has the experience and skills that support our recently announced operating plan and growth strategy. I look forward to naming one or more new members to the Board soon," concluded Tokman.
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