Microvision Awarded $5.95 Million Contract from General Dynamics to Develop Full Color Helmet-Mounted Displays for US Army Mounted Warrior System

Microvision Awarded $5.95 Million Contract from General Dynamics to Develop Full Color Helmet-Mounted Displays for the U.S. Army's Mounted Warrior Soldier System

REDMOND, Wash.--(BUSINESS WIRE)--Sept. 12, 2006--Microvision (NASDAQ:MVIS - News), the leader in light scanning technologies for display and imaging products, announced today that it has been awarded a $5.95 million subcontract by General Dynamics C4 Systems, a business unit of General Dynamics (NYSE:GD - News), to supply full-color, daylight readable, see-through Helmet-Mounted Displays (HMDs) as part of the U.S. Army's Mounted Warrior HMD Improvement Program. The improvement program, managed by the U.S. Army's Project Manager for Soldier Warrior under Program Executive Office Soldier, has tapped Microvision to create a full-color HMD system with reduced size, weight, and power requirements. The contract specifies the development, design, verification, testing, and delivery of ten full-color display units for evaluation by mid-2007.

Mounted Warrior is an integrated soldier system designed for armored vehicle crewmen. It integrates communications and displays with soldier mission equipment for crew members, including vehicle commander, driver and gunner. General Dynamics holds prime contracts with the U.S. Army for other Warrior programs including Land Warrior, Mounted Warrior, Air Warrior and Future Force Warrior Advanced Technology Demonstration.

"We are very pleased to receive and begin executing on the contract with General Dynamics," said Alexander Tokman, Microvision CEO. "The U.S. Army and General Dynamics are focused on finding new and exciting technologies to be integrated into warrior systems to enhance soldier survivability, mobility, sustainability and overall effectiveness. General Dynamics' leadership on the Mounted Warrior, Land Warrior, and Air Warrior Programs is designed to provide significant improvements in soldier performance and we believe Microvision's high-resolution display quality, small form-factor and cost effective, full-color display solution can be an integral part of these efforts."

Microvision expects to deliver an HMD solution that will enable a combat vehicle crew member to see real-time data and video from multiple sources, in true full-color with complete, transparent capabilities, designed with simplicity and comfort.