Microvision Teams with MobilePlanet to Offer the Low Cost Flic Laser Bar Code Scanner.Business Editors/High-Tech Writers BOTHELL, Wash.--(BUSINESS WIRE)--June 2, 2003 Leading Multi-Channel Direct Reseller Reaches Millions of Businesses and Mobile Professionals Worldwide Microvision, Inc. (Nasdaq:MVIS MVIS Microvision Inc (Redmond, Washington) ), a leader in light scanning technologies, and MobilePlanet (www.mobileplanet.com), a leading catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. and on-line source for mobile and wireless computing products and services, have announced their arrangement to market the affordable, yet powerful Flic(TM) hand-held laser bar code scanner A device specialized for reading bar codes and converting them into either the ASCII or EBCDIC digital character code. Pen scanners, also known as wand scanners, were the first type of bar code scanner developed in the 1970s. . MobilePlanet signifies another important strategic milestone in Microvision's goal of building a powerful network of distribution partners to deliver the Flic(TM) laser bar code scanner. In addition to doing business with medium and small-sized companies, MobilePlanet does business with major corporations and academic and medical institutions across America, all branches of the U.S. government and armed forces, as well as individual mobile professionals. Some of MobilePlanet's key customers include Boeing, Ford, Coca-Cola, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Lucent Technologies, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Chase Manhattan and Exxon. Founded in December of 1993, MobilePlanet started out as a direct mail reseller to organize a confusing mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings market and provide a one-stop shopping location that would concentrate solely on the needs of mobile professionals. Though MobilePlanet began as a small mobile computing business, the company is now recognized as the nation's leading multi-channel direct reseller of top, name-brand mobile computing and wireless products, services and solutions. Today, MobilePlanet reaches millions of people worldwide via its e-commerce web site, direct mail catalog and e-newsletter. MobilePlanet is a member of France's leading investor in electronic commerce, Pinault-Printemps-Redoute (PPR PPR peste des petitis ruminants. , www.pprgroup.com). As the European leader in specialized distribution, PPR is active in more than 55 countries, employs more than 90,000 people and in 2001 generated revenues of U.S. $24 billion. With an MSRP MSRP Manufacturer's Suggested Retail Price MSRP Message Session Relay Protocol MSRP Multi-Species Recovery Plan (US Fish & Wildlife Service) MSRP Member of the Society for Radiological Protection (UK) of $129, the Flic scanner comes with free software that will enable even novice users to "plug and play" so that they can enjoy the benefits of bar code technology without any of the programming and support requirements common to today's bar code reading products. The highly innovative Flicware software automatically enters scanned bar code data into standard Windows(R) applications, including a wide array of spreadsheet and database applications, in a way that is intuitive and easy to use. The company also offers a professional version of Flicware for more advanced applications, as well as a variety of accessories that support the product's ability to be used in many operating environments In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. . Full details about the product can be found at www.flicscanner.com. About Microvision: www.microvision.com Headquartered in Bothell, Washington Bothell is a city located in the state of Washington. The population was 30,150 at the time of the 2000 census. Prior to annexation and the 2000 census, the northern portions of Bothell which lie in Snohomish County were considered a part of the Alderwood Manor-Bothell North , Microvision Inc. is the developer of the 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" 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. Forward Looking Statement Certain statements contained in this release, including product applications, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 raise additional capital when needed; 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; our dependence on the defense industry and a limited number of development contracts; 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; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market our products; potential product liability claims and other risk factors identified from time to time in the company's SEC reports, including our most recently filed annual report on Form 10K. Except as expressly required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes circumstances or any other reason. |
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