Corning and Microvision Announce Agreement for Supply of Green Lasers for Microprojectors.CORNING, N.Y. -- Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. (NYSE NYSE See: New York Stock Exchange : GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ) and Microvision, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MVIS MVIS Microvision Inc (Redmond, Washington) ) announced today that the companies have entered into a supply agreement under which Corning will supply its G-1000 green lasers to Microvision, as a key component of Microvision's PicoP[TM] enabled microprojector accessory product. Laser-based microprojectors have a unique combination of features that are optimal for mobile device users, including infinite focus, rich color, and high contrast and resolution. Corning's synthetic green lasers, optimized for use as a light source in these display devices, play a critical role in this rapidly emerging mobile-display market by providing customers with a visually rich multimedia experience. "We are pleased to be able to work with Microvision, a key player in the projection-display industry, to spearhead the introduction of laser-based microprojectors in 2009," said Thomas Mills, general manager, Corning Green Lasers. "This is an important strategic growth opportunity for the advancement of microprojection technology and Corning's industry-leading green lasers. The G-1000 green laser is a high-quality, compact, and efficient light source optimized for this exciting application." "Corning has been a pioneer in the rapid advancement of green laser technology, from development through commercialization," said Alexander Tokman, president and chief executive officer, Microvision. "This agreement represents a major supply chain milestone in the commercialization roadmap of our accessory picoprojector product, and we are pleased to be working with the Corning team on creating new business- and entertainment-use models for people who are constantly on the go." About Corning Incorporated Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science materials science Study of the properties of solid materials and how those properties are determined by the material's composition and structure, both macroscopic and microscopic. and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control Emissions control may refer to:
About Microvision, Inc. Microvision provides the PicoP display technology platform designed to enable next-generation display and imaging products for pico projectors, vehicle displays, and wearable displays that interface with mobile devices. The company's projection display engine uses highly efficient laser light sources which can create vivid images with high contrast and brightness. For more information, visit the company's website (www.microvision.com) and corporate blog A corporate weblog is published and used by an organization to reach its organizational goals. The advantage of blogs is that posts and comments are easy to reach and follow due to centralized hosting and generally structured conversation threads. (www.microvision.com/displayground). |
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