Microvision Launches Fleet Maintenance Sales of Nomad Expert Technician System with Florida County

BOTHELL, Wash.--Aug. 3, 20040, 2004--Microvision, Inc., , a leader in light scanning technology, announced today the first sale of the Nomad Expert Technician System to the fleet management segment of the automotive maintenance, repair and overhaul market. The initial sale of three units was made to a Florida county which has the need to attract and keep good service technicians to maintain a very diverse fleet of 4,000 vehicles.

According to the Automotive Fleet Fact Book, there are over 20 million vehicles in US fleets and over 14,000 commercial fleets with 25 or more vehicles. "The fleets represent a very large market segment for our Nomad sales efforts," said Andrew Lee, Vice President of sales for Microvision. "Many of the fleet operations share the same challenges as automotive dealerships: the shortage of trained service technicians, high cost of training, and the need to get the job done right the first time. Somewhat unique to fleets are the financial losses suffered from vehicle downtime. The trucking and construction sectors, for example, face significant financial losses for vehicle downtime and require tools for rapid access to vehicle testing and maintenance procedures that reduce repair times and work errors to a minimum. Fleets also often encompass a high variety of vehicles, especially in the government sector, and therefore have the particular need to bring productivity enhancing tools into the maintenance process to help technicians unfamiliar with specific vehicle types.

"The Nomad Expert Technician System provides important functionality and benefits to fleet managers facing these kinds of problems. As we add to the size and capabilities of our sales force, we are beginning to extend our marketing efforts into the fleet segment. We believe the Nomad can be very useful to those fleets that do their own maintenance and are very sensitive to downtime costs, operate complex equipment or have to service many makes and models of vehicles. This would include many of the fleet operations in business, as well as federal, state, and local government operations."

The Nomad Expert Technician System is a wireless computer with a head-worn, see-through display that provides service technicians with hands-free access to online repair and maintenance information while they work. Using data superimposed in their vision, service personnel can provide the faster, more accurate service and repairs necessary to keep fleet operations running smoothly.

About Microvision: www.microvision.com

Headquartered in Bothell, Wash., Microvision Inc. is the world leader in the development of high-resolution displays and imaging systems based on the company's proprietary silicon micro-mirror technology. The company's technology has applications in a broad range of military, medical, industrial, professional and consumer products.

Forward-Looking Statements

Certain statements contained in this release, including future product benefits, market opportunities and product applications 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; market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; our dependence on the defense industry and a limited number of government development contracts; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; 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; potential product liability claims 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.