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MicroVision To Announce Fourth Quarter and Full Year 2020 Results on March 11, 2021

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MicroVision (NASDAQ: MVIS) announced it will release its Q4 and full year 2020 results on March 11, 2021, after market close. A webcast for investors will commence at 2:00 p.m. PT on the same day, accessible via the company's Investor Relations page. MicroVision specializes in MEMS-based technology for automotive lidar and augmented reality applications, integrating multiple technologies into its products. The company warns of risks related to finding strategic solutions, cash flow, and market acceptance, among others.

Positive
  • Scheduled release of Q4 and full year 2020 results, providing transparency for investors.
  • Webcast allows for direct investor engagement and Q&A.
Negative
  • Possible risks associated with finding strategic solutions and capital raising.
  • Dependence on third parties may hinder operational performance.

REDMOND, Wash., March 04, 2021 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced that it will report its fourth quarter and full year 2020 results on Thursday, March 11, 2021 after the close of the market.

Following the issuance of the company’s financial results press release, interested parties can listen to the company's webcast which will start at 2:00 p.m. Pacific Time on Thursday, March 11, 2021 by accessing the Investor Relations section of MicroVision’s website on the Investor Relations Events Calendar page at https://microvision.gcs-web.com/investor-event-calendar. Investors may submit questions for management in advance to IR@MicroVision.com or beginning 10 minutes before or during the live webcast on March 11, 2021. The webcast will be available for rebroadcast from the Investor Relations section of MicroVision’s website on the Investor Relations Events Calendar page.

About MicroVision

MicroVision is a pioneering company in MEMS based laser beam scanning technology that integrates MEMS, lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. The Company's integrated approach uses its proprietary technology to provide solutions for automotive lidar sensors, augmented reality micro-display engines, interactive display modules and consumer lidar modules.

For more information, visit the Company’s website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc or follow MicroVision on Twitter at @MicroVision.

MicroVision is a trademark of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.

Forward-Looking Statements

Certain statements contained in this release, including the Company’s future products, progress on development, pursuit of a strategic transaction, and product applications are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include the risk that the Company may not succeed in finding licensing or other strategic solutions, including a potential sale of the Company, with acceptable timing, benefits or costs; its ability to operate with limited cash or to raise additional capital when needed; market acceptance of its technologies and products or for products incorporating its technologies; the failure of its commercial partners to perform as expected under its agreements, including from the impact of COVID-19 (coronavirus); its ability to identify parties interested in paying any amounts or amounts that the Company deems desirable for the purchase or license of intellectual property assets; its or its customers’ failure to perform under open purchase orders; its financial and technical resources relative to those of its competitors; its ability to keep up with rapid technological change; government regulation of its technologies; its ability to enforce its intellectual property rights and protect its proprietary technologies; the ability to obtain additional contract awards and develop partnership opportunities; 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 its products; potential product liability claims; its ability to maintain its listing on The Nasdaq Stock Market, and other risk factors identified from time to time in the Company's SEC reports, including the Company's Annual Report on Form 10-K filed with the SEC. These factors are not intended to represent a complete list of the general or specific factors that may affect the Company. It should be recognized that other factors, including general economic factors and business strategies, may be significant, now or in the future, and the factors set forth in this release may affect the Company to a greater extent than indicated. Except as expressly required by federal securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason.

Investor Relations Contact

David H. Allen
Darrow Associates, Inc.
408.427.4463
dallen@darrowir.com


FAQ

When will MicroVision report its Q4 2020 results?

MicroVision will report its Q4 and full year 2020 results on March 11, 2021, after market close.

What time is the MicroVision investor webcast?

The investor webcast will begin at 2:00 p.m. Pacific Time on March 11, 2021.

How can investors access the MicroVision webcast?

Investors can access the webcast through the Investor Relations section of MicroVision’s website.

What does MicroVision specialize in?

MicroVision specializes in MEMS-based solid state automotive lidar and micro-display technology for augmented reality.

What risks did MicroVision mention in its press release?

MicroVision mentioned risks related to cash flow, market acceptance, and reliance on third parties.

Microvision Inc

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