's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
»'s Bulletin Board » Hot Stocks Free for All ! » MVIS

 - UBBFriend: Email this page to someone!    
Author Topic: MVIS

Member Rated:
Icon 1 posted      Profile for dishgal1     Send New Private Message       Edit/Delete Post   Reply With Quote 
This has been an interesting stock for a while, maybe some movement expected at this time....NEWS today

Microvision Awarded $740,000 Contract to Expand Development Effort for Field Soldier System Equipment Delivered in Iraq
Business Wire - October 10, 2005 09:35

BOTHELL, Wash., Oct 10, 2005 (BUSINESS WIRE) -- Microvision (NASDAQ:MVIS), the leader in light scanning technologies for display and imaging, announced today that it has been awarded a $740,000 subcontract by General Dynamics C4 Systems to design and develop enhancements to Microvision's wearable helmet-mounted display, the Nomad ND 2500 system, to provide increased ruggedization. As part of the contract, Microvision is expected to deliver 10 prototype display units that meet or exceed various Military Standards. Microvision recently completed the delivery of 165 Nomad ND 2500 systems to the U.S. Army under a $1.2 million contract by General Dynamics C4 Systems to give Stryker Brigade Combat team members in Iraq now the unique wearable display capability.

"We are pleased to be working with the U.S. Army on an effort to provide continuous product improvements in order to meet very demanding requirements," said Rick Rutkowski, Microvision CEO. "The environmental performance characteristics of the Nomad system are being designed to meet the Army's specifications. We believe the enhancements to the product's design and feature set will enable us to expand Nomad's reach in the military."

To view information about the Nomad system including testimonials from military and commercial customers, please visit

About Microvision:

Headquartered in Bothell, Wash., Microvision Inc. is the world leader in the development of high-resolution displays and imaging systems based on the company's proprietary silicon micro-mirror technology. The company's technology has applications in a broad range of military, medical, industrial, professional and consumer products.

Forward-Looking Statements

Certain statements contained in this release, including those relating to performance and product applications and those which use words such as "believe," and "expect," are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company's forward-looking statements include the following: market acceptance of our technologies and products; our ability to obtain financing; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company's SEC reports, including in its Annual Report on 10-K for the year ended December 31, 2004, and its Quarterly Reports on Form 10-Q.

SOURCE: Microvision Inc.

Microvision Inc.
Matt Nichols, 425-415-6657 (Media)
Brian Heagler, 425-415-6794 (Investors)

Copyright Business Wire 2005 ********************************************************************** As of Thursday, 10-06-2005 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 08-24-2005 for MVIS * $5.32. (C) 2005 Comtex News Network, Inc. All rights reserved.


Copyright © 2005 MarketWatch, Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.

News provided by Dow Jones NewswiresSM, PR News Wire™ and Business Wire™. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire.

Ameritrade is not responsible for the quality and suitability of third party financial or investment information or services. Please consult other sources of information and consider your individual financial position and goals before making an investment decision.
Ameritrade, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade logos are trademarks or registered trademarks of Ameritrade IP Company, Inc. 2002 Ameritrade IP Company, Inc. All rights reserved. Used with permission.

Posts: 529 | From: Tx | Registered: Sep 2004  |  IP: Logged | Report this post to a Moderator

Quick Reply

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins

Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:

Contact Us | Message Board Home

© 1997 - 2013 All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2