Microvision contracts with Asian firm

Oct. 31, 2003 — Microvision Inc. has received $1 million to further develop a scanning engine for high-speed laser printers for an Asian manufacturer of printers and office equipment, according to a news release.

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The contract follows one announced in June with the manufacturer, whose identity and specific product plans have not been disclosed. The Bothell, Wash.-based maker of MEMS-based display and imaging technologies said the contract demonstrates how its core technology can be adapted for many uses.

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Microvision, listed on Nasdaq, was trading Friday afternoon at $6.99 a share, down from Thursday’s close of $7.17.

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