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Microvision, Inc.

Light scanning technology company announces financial results

Published in Elder Law Weekly, April 13th, 2005

Microvision, Inc., (MVIS) reported financial results for the fourth quarter and full year of 2004.

Consolidated revenue for the 12 months ended December 31, 2004, was $11.4 million compared to $14.7 million for the same period in 2003. Consolidated revenue for the fourth quarter of 2004 was $3.3 million compared to $4.0 million for the same period in 2003 and a sequential increase of 22% over the $2.7 million reported for the third quarter of 2004.

Consolidated 2004 revenue was comprised of $2.6 million in product revenue and $8.8 million in contract revenue compared to $1.1 million in product revenue and $13.5 million in contract revenue for 2003....

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