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Tuesday, May 29, 2012

NASDAQ Tech Stock Alert; MicroVision Up over 84% on the Day!

New York, NY- May 29, 2012 (www.Investorideas.com Newswire) Tech Stock News alert;
Investor Ideas, a global investor research portal for independent investors, specializing in sector research, reports on trading for tech stock MicroVision (NASDAQ:MVIS)  trading up at $2.2694, up a whopping $1.0394 or (84.50%) 1:45PM EDT on over 1.6 Million shares .

On May 23, the  Company announced that it has closed a $5 million financing with private investors .

MicroVision received approximately $5 million from the sale of approximately 3.34 million shares of the company’s common stock and warrants to purchase a total of 1 million shares of the company’s common stock at an exercise price of $2.12 per share, exercisable for three years from issuance. received approximately $5 million from the sale of approximately 3.34 million shares of the company’s common stock and warrants to purchase a total of 1 million shares of the company’s common stock at an exercise price of $2.12 per share, exercisable for three years from issuance.


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About MicroVision (NASDAQ:MVIS
MicroVision provides the PicoP® display technology platform designed to enable next-generation display and imaging products for consumer devices, vehicle displays and wearable displays. The company's PicoP projection display technology uses highly efficient laser light sources which can create vivid images with high contrast and brightness.

MicroVision is an independently recognized leader in the development of intellectual property. MicroVision has been recognized by IEEE as a top 20 IP portfolio among all global electronics companies, and the top U.S. Company in the rankings. MicroVision’s intellectual property portfolio has also been recognized by the Patent Board, in association with the Wall Street Journal as a top 50 IP portfolio among all global industrial companies. The Patent Board has developed more than 50 indicators that track global patent activity relating to companies' innovation, technology, and science strengths. MicroVision’s intellectual property portfolio is further recognized by having been added to the Ocean Tomo 300 Patent Index. The Index is priced and published by the NYSE Euronext (NYSE:OTPAT). The index is objectively based on the value of intellectual property compared to competitors.

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