Tech Convergence Will Spur Demand for New ADAS Technology

Microvision Receives $915,000 Contract from the United States Air Force Research Laboratory for Further Development of Portable Eyewear Display

Microvision Receives $915,000 Contract from the United States Air Force Research Laboratory for Further Development of Portable Eyewear Display

REDMOND, Wash.--(BUSINESS WIRE)--June 13, 2006--Microvision, Inc. (Nasdaq:MVIS), the leader in light scanning technologies for display and imaging products, announced today that it has recently received a $915,000 contract from the United States Air Force Research Laboratory located at Wright-Patterson Air Force Base, OH. The contract is to advance the development of a portable eyewear display.

"The work that will be performed under this contract is squarely within our strategic product path and will take us one step closer to a see-through display solution with a form factor of a pair of eye glasses," said Alexander Tokman, Microvision CEO. Microvision currently produces and sells head-worn see-through displays that are helmet- or cap-mounted.

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