WOWee ONE and MicroVision Join Forces to Bring Users an Immersive Mobile Content Consumption Experience

In response to consumer demand, this year at the 2012 International Consumer Electronics Show, WOWee ONE, the pioneer in ultra-portable speakers, and MicroVision, Inc. (NASDAQ:MVIS), the leader in innovative ultra-miniature laser display technology, are unveiling their collaboration to bring enhanced mobile visual and audio experiences to smartphone and tablet users in more than 120 countries. The companies are teaming together to bring customers a portable, immersive digital consumption experience, by combining WOWee ONE’s revolutionary Gel-Audio® based portable speakers with MicroVision’s award winning products based on PicoP® portable display engine technology giving users the ability to instantly share and enjoy their content with colleagues, family and friends.

WOWee ONE and Microvision are working together to expand the boundaries of mobile viewing by combining sight and sound to create an immersive viewing experience virtually anywhere. With the WOWee ONE speaker and MicroVision’s pico projector, smartphone and tablet users can have a large viewing display, up to 200 inches diagonal, with incredible, crisp images and booming sound, whether they are at home, hanging out with friends, presenting their latest business analytics or watching a movie in their hotel room.

"We’ve seen an overwhelming response from our customers and are excited to bring this combination of technology to even more users worldwide,” said Magnus Hammick, Managing Director, WOWee ONE. "The marriage of sight and sound is a natural progression for customers, and we’re excited about the possibilities that lay before us. Seeing the response we’ve had with our speakers, we’re thrilled to be taking it a step further with MicroVision and offering our customers a full immersive experience that can travel with them anywhere.”

This immersive digital consumption experience produced by both companies will be available in more than 120 countries starting this quarter. Collaborating with major brand content providers such as MTV UK (including VH-1 and Viva) WOWee ONE gains national online and TV advertising exposure across a raft of platforms that reach over 7.5 million fans and now those fans can view and listen to their favorite content wherever they go.

WOWee ONE’s portable speakers featuring Gel Audio and the portable projector featuring MicroVision PicoP® technology can use any surface to create robust sound and focus-free viewing making it easy for users to view and share multimedia on the go. Whether watching a movie with friends, viewing YouTube clips, or watching game highlights, the vibrant sound and crisp, always in-focus image provide users with an affordable, very compact immersive package as well as providing business users with a great tool for making on the fly presentations.

"We’re excited to be teaming up with WOWee ONE, a leading, globally recognized brand that can help propel top-end portable pico projection solutions to the next level,” said Paul Patterson, Vice President of Business Development, Strategic Marketing and Sales, MicroVision. "We share a common vision and are thrilled at the possibilities ahead. As we embark on this venture, we look forward to building a long-standing relationship with WOWee ONE that will help shape the future of mobile technology for everyday users.”

CES attendees are invited to WOWee ONE’s booth – South Hall 2, Booth 26133—to hear more about the solution, check out WOWee ONE’s booming sound, and preview other new products.

About the WOWee ONE

The WOWee ONE Classic portable speaker turns everyday surfaces like tables, walls and windows into loudspeakers using a cutting edge audio gel technology. The speakers connect to the 3.5mm audio/headphone jack of any mobile device and come with a standard 3.5mm audio cable. The WOWee ONE comes in several colors – Black & Chrome, White & Chrome, Matte Black and Pink & White.

Website: woweeone.com
Twitter: twitter.com/woweeone
Facebook: facebook.com/woweeoneus
YouTube: youtube.com/woweeaudio

About MicroVision

MicroVision provides the PicoP® display technology platform designed to enable next-generation display and imaging products for pico projectors, vehicle displays and wearable displays that interface with mobile devices. The company’s PicoP® laser display engine uses highly efficient laser light sources that create vivid images with high contrast and brightness. For more information, visit us on:

Website: microvision.com
Blog: microvision.com/displayground
Twitter: twitter.com/microvision
Facebook: facebook.com/MicrovisionInc
YouTube: youtube.com/mvisvideo

PicoP 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 those relating to future product availability, future product benefits and those using words such as "will” and "can”, are forward-looking statements 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; our customers failure to perform under open purchase orders; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; 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; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; potential product liability claims; government regulation of our technologies; 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. Except as expressly required by 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 in circumstances or any other reason.