Microvision (MVIS) Prices 6.7M Common Offering at $3/Share

Microvision, Inc. (NASDAQ: MVIS), a global leader in lightscanning technologies, today announced the pricing of an underwritten public offering of 6.7 million shares of its common stock at a price to the public of $3.00 per share. Microvision has granted the underwriters a 30-day option to purchase up to an additional 1.0 million shares of its common stock to cover over-allotments, if any. Microvision expects
to receive net proceeds, after deducting the underwriting discount and estimated offering expenses, of approximately $18.7 million from the offering, or $21.5 million if the underwriters exercise their over-allotment option in full. Oppenheimer & Co. Inc. and Thomas Weisel Partners LLC are the joint book-running managers and Craig Hallum Capital Group LLC is acting as co-manager for the offering. The offering is expected to close on November 24, 2009, subject to customary closing conditions.

Microvision intends to use the net proceeds of the offering for general corporate purposes, including, but not limited to, working capital and capital expenditures.