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Microvision Inc. Message Board

  • joe_spaz2003 joe_spaz2003 Sep 5, 2013 4:10 PM Flag

    Karl is dead wrong on his article about MicroVision's Press Release yesterday

    Karl states in the article:

    "And today Microvision appears to have done it again.

    I find it hard to believe that it is a just a coincidence that on the very same day that Pioneer confirms that it has switched to DLP technology for its new aftermarket HUD that Microvision has, in effect, made another "re-announcement." This time, it is re-announcing the OEM's development with a few more details than it announced on April 3rd. The detail it added is that the target application is for an embedded automotive HUD.

    Quoting Microvision's announcement (with my bold emphasis):

    "The SES systems will be part of the Tier-1's reliability testing and characterization for potential use of PicoP® display technology in an embedded HUD application for at least one major automotive OEM. The order includes engineering services along with the prototype systems. "

    Then Karl states afterwards:

    "There are many "dots" connecting the April 3rd and September 4th releases. Among them no talk of money and no saying that this was a new design win. - 5 Sep, 09:58 AM

    I emailed MicroVision Investors Relations and here is their response:

    "The Fortune Global 100 electronics company that we have the development agreement with announced in April is not the same company that we are supplying HUD SES prototypes to announced yesterday. The Fortune Global 100 is an electronics company developing a custom display engine based on PicoP display technology for potential integration into consumer products and the tier-one auto supplier is developing an embedded HUD solution for at least one major auto OEM. This is also a different automotive company than we announced a development agreement with in 2011. The systems we are providing for the reliability testing are different systems than first phase evaluation systems. This step is significant progress in our ongoing engagement with them to secure a design win.

    Best –

    Karl, your a bad's your "DOT CONNECTING" now

    Sentiment: Strong Buy

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