UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 19, 2012
MICROVISION, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware | 001-34170 | 91-1600822 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
6222 185th Avenue NE
Redmond, Washington 98052
(Address of Principal Executive Offices) (Zip Code)
Registrants telephone number, including area code: (425) 936-6847
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
MicroVision, Inc. (the Company) and Jeff T. Wilson have come to an agreement pursuant to which Mr. Wilson has resigned from his position as the Companys Chief Financial Officer. The Company expects that Mr. Wilson will continue to work in his capacity as Chief Financial Officer and assist the Company through a transition period.
Item 7.01. | Regulation FD Disclosure. |
On September 21, 2012, MicroVision, Inc. issued the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 7.01 and Exhibit 99.1 is being furnished pursuant to Item 7.01 and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference into those filings of the Company that provide for the incorporation of all reports and documents filed by the Company under the Exchange Act.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
99.1 | MicroVision, Inc. Press Release, dated September 21, 2012. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MICROVISION, INC. | ||
By: | /s/ Thomas M. Walker | |
Thomas M. Walker | ||
Vice President, General Counsel & Secretary |
Date: September 20, 2012
Exhibit 99.1
PRESS RELEASE
Contact:
Dawn Goetter, 425-882-6640 (investors)
Kali Bean (Edelman), 503-471-6834 (media)
MicroVision Announces CFO Transition Plan
REDMOND, Wash. Sept. 21, 2012 - MicroVision, Inc. (NASDAQ:MVIS), a leader in ultra-miniature projection display technology, today announced that Jeff Wilson has resigned his position as Chief Financial Officer and will remain with the company to assist with the transition to his successor. MicroVision has commenced a search for a replacement.
We appreciate the positive contributions Jeff has made to MicroVision for the past 13 years. We wish him all the best in his future endeavors, said Alexander Tokman, president and chief executive officer of MicroVision. We believe we are in a solid position to make this leadership change as we execute our licensing strategies and evolve our offerings.
I would like to thank Alex and the board of directors for the opportunity to play a leadership role in the maturation and growth of MicroVision, said Wilson. I plan to work with the team on an orderly transition.
Wilson joined MicroVision in 1999 and served in several roles including vice president of accounting before he was promoted to chief financial officer in 2006.
About MicroVision
MicroVision provides the patented PicoP® display technology platform designed to enable next generation display capabilities for consumer devices and vehicle displays. The companys PicoP display technology uses highly efficient laser light sources which can create vivid images with high contrast and brightness.
For more information, visit us on:
Website: www.microvision.com
Blog: www.microvision.com/displayground
Twitter: www.twitter.com/microvision
Facebook: www.facebook.com/MicrovisionInc
YouTube: www.youtube.com/mvisvideo
Forward-Looking Statements
Certain statements contained in this release, including those relating to future products and product applications and those using words such as will, designed to and plan 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 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; 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 companys SEC reports, including the companys 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.
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