Microvision Signs General Aviation Reseller for Nomad Personal Display Systems.Business/High Tech Editors BOTHELL, Wash.--(BUSINESS WIRE)--March 4, 2002 PCFLIGHTSYSTEMS will offer affordable electronic flight instrument system (EFIS EFIS Electronic Flight Instrument System EFIS European Federation of Immunological Societies (Berlin, Germany) EFIS ERO Frequency Information System (Europe) EFIS European Forest Information System ) coupled to Nomad Personal Display Microvision (Nasdaq:MVIS MVIS Microvision Inc (Redmond, Washington) ) today announced that it has signed an agreement with Sellers Aviation/PCFLIGHTSYSTEMS, a general aviation (GA) 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). , to distribute the Nomad(TM) Personal Display System with PCFLIGHTSYSTEMS products. PCFLIGHTSYSTEMS (WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. .PCFLIGHTSYSTEMS.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. ), based in Ocala, Fl, will link Microvision's Nomad Personal Display system with its PCEFIS product, the first affordable electronic attitude and artificial horizon (gyro) indicators for general aviation. The PCEFIS software runs on a handheld Compaq iPAQ(R) (or other PocketPC(R)) computer that is coupled to a small black box (6.75" X 4.75" X 2.5") containing solid-state gyroscopes (along with accelerometers and a digital signal processor A digital signal processor (DSP) is a specialized microprocessor designed specifically for digital signal processing, generally in real-time computing. Characteristics of typical Digital Signal Processors
See pitch-yaw-roll. in a "walk on / walk off" kit that can be used on virtually any airplane. Pilots wearing the lightweight Nomad display connected to PCEFIS will be able to view attitude instruments in a head-up mode, through a fully daylight readable, high-resolution display at a small fraction of the cost of installing a conventional head-up display See heads-up display. . A new GPS module for PCEFIS will add ground track, altitude, rate of climb, and ground speed information onto the attitude display. As a result, GA pilots can have the functionality of an Electronic Flight Instrument System An electronic flight instrument system, or EFIS, is a flight deck instrument display system in which the display technology used is electronic rather than electromechanical. (EFIS) display system usually found in fighter jets or commercial aircraft in a convenient and affordable system. The PCEFIS system runs off of battery power or can connect through a standard 12 Volt lighter receptacle so that no modifications to the aircraft are required. PCEFIS runs independent of installed avionics, and because it is not a primary flight instrument, does not require FAA certification. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bruce Westcoat, Microvision's Market Segment Manager for Aerospace, the system will improve situational awareness Situation awareness or situational awareness [1] (SA) is the mental representation and understanding of objects, events, people, system states, interactions, environmental conditions, and other situation-specific factors affecting human performance in , by enabling the pilot's focus to be outside the cockpit, while still having access to instrument data, particularly critical during heavy pilot workloads in controlled airspace. "Partnering with Value Added Resellers (VARs) who are developing innovative systems that can interface to the Nomad display is a cornerstone of our general aviation marketing strategy," Westcoat explained. "PCFLIGHTSYSTEMS is offering a system that is plug-compatible with Nomad, offers a combination of compelling features, convenience and affordability, and is already being well received in the marketplace. When you couple the Nomad display to PCEFIS, you have the most affordable fully functional head-up display that the industry has ever seen, and it can be installed literally in minutes. We're anticipating a great response to this product in the marketplace. We expect to develop multiple value-added partners for Nomad System sales in general aviation to complement our own sales team, and to facilitate the delivery of complete systems for pilots." Westcoat says that he is enthusiastic about the prospects for Microvision's Nomad Personal Display System in the General Aviation market. With over 500,000 active general aviation pilots in the US alone, the company sees tremendous market potential for the Nomad System as an affordable and convenient means of adding to the safety and enjoyment of flying. PCFLIGHTSYSTEMS will demonstrate its PCEFIS system with the Nomad Personal Display System at the Sun-n-Fun air show in Lakeland, FL. April 7-13, and the EAA AirVenture Oshkosh For the associated museum, see . EAA AirVenture Oshkosh (formerly The EAA Annual Convention and Fly-In) is an annual gathering of aviation enthusiasts held each summer at Wittman Regional Airport in Oshkosh, Wisconsin, United States. air show July 23-29. Based on Microvision's patented light scanning technology, the recently introduced Nomad Personal Display System is a high-resolution head-worn display that presents images and information to the user on a see-through virtual 17-inch display. This unique personal display enables hands-free access to information such as diagrams, instrumentation, maintenance records, moving maps and interactive training manuals, superimposing the information on the user's view and creating "augmented vision." The Nomad System features full daylight-readability, allowing users to view high contrast images in even the most challenging ambient lighting conditions. High quality, Super VGA resolution makes the Nomad System immediately compatible with a broad range of existing applications and content. From flight paths to factory floors, surgical suites, and more, the Nomad System 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, allowing access to information at the point of task and information, anywhere. 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. Forward Looking Statement The information set forth in this release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those sections. Certain factors that realistically could cause results to differ materially from those projected in the company's forward-looking statements are set forth in the company's 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. , as filed with the Securities and Exchange Commission. |
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