Microvision Signs Co-Marketing Agreement with ViTel Net for Nomad Personal Display.High Tech Editors American Telemedicine Association American Telemedicine Association (ATA), established in 1993 as a non-profit organization, ATA goal is to promote access to medical care for consumers and health professionals via telecommunications technology (alternatively referred to as telemedicine, telehealth or eHealth). Meeting BOTHELL, Wash.--(BUSINESS WIRE)--June 3, 2002 Companies exhibit at American Telemedicine Association Meeting thru June 5 in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Microvision, Inc., (Nasdaq:MVIS MVIS Microvision Inc (Redmond, Washington) ), announced today that ViTel Net(TM) (http://www.vitelnet.com), a leading developer of telemedicine solutions has agreed to be a co-marketing partner and value added reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). for the Nomad Personal Display System.(TM) The two companies will collaborate on solutions that combine ViTel Net 's Total Enterprise Telemedicine (wireless hospital information systems) Solutions with Microvision's Nomad Personal Display System. They will demonstrate examples to prospective customers at the American Telemedicine Association's Seventh Annual Meeting thru June 5, 2002 at the Los Angeles Convention Center The Los Angeles Convention Center (abbreviated LACC) is a convention center in downtown Los Angeles. The LACC hosts annual events such as the Greater Los Angeles Auto Show, and was best known to video games fans as host to E3 until its cessation in 2006. . Microvision estimates a potential available opportunity of 300,000 key hospital workers in the U.S. alone that would benefit from the combined Nomad/ViTel Net offering. Founded in 1989, ViTel Net(TM) offers a full spectrum of scalable, customizable and Internet enabled telemedicine solutions, based on its MedVizer(TM) software application. MedVizer is a robust, open-architecture, cross-platform, windows operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. software environment that allows secured information sharing See data conferencing. in a wide-array of settings. Scalable hardware and software configurations are easily customized to meet specific clinical needs. ViTel Net's telemedicine solutions are compatible with standard telecommunication protocols (wireless, POTS, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. , T-1, satellite, etc.), are medical device neutral and integrate with most legacy information systems. Both Microvision and ViTelNet have contracts with the U.S. Army's Wireless Medical Enterprise Program's Telemedicine and Advanced Technology Research Center (TATRC TATRC Telemedicine and Advanced Technology Research Center ) for the initial phase in the development of a mobile wireless system for medical applications. Microvision recently announced a $3.3 million development contract from TATRC for the development of a new personal display to enable military surgical personnel and medics to access, read, and transmit critical medical data via a head-worn display, wearable computer See body-worn computer. , and wireless network. "This co-marketing partnership gives Microvision access to the growing telemedicine market with our Nomad system." said David Ormerod, Microvision's medical segment manager. "As part of our on-going strategy to develop a successful distribution channel and add partners with keen insight to diverse markets, we believe the Nomad System will excel in hospital environments where a physician needs continuous access to information in a hands-free and see-through mode, including patient monitored information and diagnostic images." Microvision has announced the signing of fifteen channel partners in the past ninety days. Based on Microvision's patented retinal scanning Noun 1. retinal scanning - biometric identification by scanning the retina of the eye; "identification by retinal scanning is complicated by eye movements" technology, the recently introduced Nomad display system is a high-resolution headworn display that presents images and information to the user in a see-through or "head-up" mode. This unique personal display will enable head-up, hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals. The Nomad display features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting Light that comes from all directions. Contrast with "directional lighting," which is made up of a light source with parallel light rays that do not diminish with distance. Also, contrast with "positional lighting," in which the rays are not parallel, but diminish in intensity from the conditions. High quality, Super VGA See VGA and PC display modes. Super VGA - Super Video Graphics Array resolution makes the Nomad immediately compatible with a broad range of existing applications and content. By enabling users to merge selected electronic images into their natural field of vision, the Nomad Personal Display System can bring critical information to the point of task. From flight lines to factory floors, surgical suites, and more, systems utilizing the Nomad display can deliver major improvements in productivity, quality and safety for virtually any type of manual task. The company is targeting applications for workers in four vertical markets-- industrial, aerospace, medical, and military-- that enable customers to keep information in front of people engaged in manual tasks or on the move. About Microvision: www.mvis.com Headquartered in Bothell, Wash., Microvision Inc. is the developer of the patented retinal scanning display technology and a world leader in micro miniature optical scanning technology for display and imaging applications. The company's technology has applications in a broad range of military, medical, industrial, professional and consumer information products. Nomad is a trademark of Microvision, Inc. About ViTel: www.vitelnet.com ViTel Net(TM) is a Total Enterprise Telemedicine Solutions Provider offering a full spectrum of scalable, customizable and Internet enabled telemedicine solutions. Founded in 1989, ViTel Net is recognized as a leading telemedicine/e-health development and systems integration. Forward Looking Statements Certain statements contained in this release, including potential available opportunities, enabling of hands-free access to information and future 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: market acceptance of our technologies and products; financial and technical resources relative to those of our competitors; ability to obtain financing; ability to keep up with rapid technological change; government regulation of our technologies; ability to enforce our intellectual property rights and protect our proprietary technologies; ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches; ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company's reports filed with the Securities and Exchange Commission, including in its most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion