Jeanette Horan Joins Microvision's Board of Directors; IBM Executive Brings Leadership and Expertise in Technology Development and Operations.

REDMOND, Wash. -- Microvision, Inc. (NASDAQ: MVIS), today announced that Jeanette Horan has joined its Board of Directors. Ms. Horan is currently Vice President, Worldwide Information Management Development and General Manager, IBM Silicon Valley Laboratory.

"We are excited to add someone of Jeanette's caliber and experience to Microvision's Board," said Alexander Tokman, Microvision President and CEO. "Jeanette's background and skills in successfully initiating and delivering new technology products, leading worldwide software development teams, developing operational planning processes and forming strategic global alliances is very synergetic with our new growth strategy and should greatly benefit Microvision."

Ms. Horan, 50, joined IBM in 1998 and is responsible for all information management software development in IBM, a core component of IBM's $15 Billion software business. Prior to her current position, Ms. Horan was Vice President, Strategy of the IBM Software Group where she was responsible for strategic alliances with key platform partners and led strategic and operational planning processes. Ms. Horan was also Vice President, Development for the Lotus brand and led worldwide product management, development and technical support. Prior to joining IBM, Ms. Horan worked for Digital Equipment Corporation where she was Vice President, Development for the AltaVista business, bringing the Web search engine and suite of intranet products to market. Ms. Horan's management experience also includes five years as Vice President, Development for the Open Software Foundation.

"Jeanette's addition represents another important incremental step in our earlier communicated strategy to turn the Company around and to position it for long-term growth and profitability," concluded Tokman.

About Microvision: www.microvision.com.

Headquartered in Redmond, 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 enables solutions and products in a broad range of industrial, consumer, military, and medical applications.

Forward-Looking Statements

Certain statements contained in this release relating to achieving business potential and product applications 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: our ability to obtain financing; success of executive transition; market acceptance of our technologies and products; 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 Form 10-K, as may be amended, and its Quarterly Reports on Form 10-Q.