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Microvision, Inc. Prices $25.1 Million Public Offering of Common Stock and Warrants

Microvision, Inc. Prices $25.1 Million Public Offering of Common Stock and Warrants

Microvision, Inc. Prices $25.1 Million Public Offering of Common Stock and Warrants

Wednesday May 31, 9:00 am ET

REDMOND, Wash.--(BUSINESS WIRE)--May 31, 2006--Microvision, Inc. (NASDAQ: MVIS - News) announced today the pricing of its public offering of 10,750,000 shares of its common stock and warrants to purchase 10,750,000 shares of its common stock at a price of $2.21 per share of common stock and $.125 per accompanying warrant before underwriting discounts and commissions. Gross proceeds before underwriter fees and offering expenses are expected to be approximately $25.1 million.

MDB Capital Group LLC is acting as the sole underwriter of the offering. The Company has also granted the underwriter an over allotment option.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A prospectus supplement relating to these securities has been filed with the Securities and Exchange Commission. The offering of the shares of common stock may be made only by means of the prospectus supplement and related prospectus, copies of which will be available from MDB Capital Group LLC, 401 Wilshire Boulevard, Suite 1020, Santa Monica, California 90401 or by calling MDB Capital Group at (310) 526-5000.

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