Microvision: Asia-Pacific Region Distributor and OEM Partner

Microvision announced its 3rd Qtr earnings conference call a few days ago, and it was scheduled for Thursday, October 22nd… after the market close.

However, early in the morning of October 22nd, Reuters issued the following news item…

Mint Wireless Limited Signs Distribution Agreement With Microvision Inc.; Receives Initial Order From Uniden Corporation
Thursday, 22 Oct 2009 03:40am EDT

“Mint Wireless Limited announced the signing of an exclusive distribution agreement with Microvision Inc. (Microvision) to distribute a PicoP display engine enabled accessory pocket projector to select Asia Pacific countries. This agreement follows Mint Wireless Limited’s recently announced strategic partnership and supply agreement with Uniden Corporation (Uniden), where Mint Wireless Limited is the exclusive supply partner for a select range of technology products to Uniden’s Australian and New Zealand markets. Mint Wireless Limited has received an initial purchase order from Uniden for an OEM version of Microvision’s pocket projector and will manage the supply, marketing and distribution of the Uniden OEM pocket projector for the Australian and New Zealand markets.

*****

Here’s the link to this news…
http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=MVIS.O×tamp=20091022074000

Immediately after the Reuter news, Matt Nichols had the following post at Microvision’s blog The Displayland…

Mint Wireless And Uniden Start The Ball Rolling

“As our launch partners begin their own marketing programs we stated previously that they would initiate their own communications announcements to reveal their name. The first announcement from a partner just showed up on the Australian Stock Exchange newswire at 6:39 p.m., Sydney time, October 22.

Microvision’s Asian distribution partner, Mint Technology, through its parent company Mint Wireless Limited (ASX: MNW), issued the following press release revealing that the global OEM that will private label Microvision’s laser pico projector is Uniden Corporation of Japan.”

Continued…

Here’s the link to the full post…
http://www.microvision.com/displayground/?p=1198

So there you have it... the names of Asia-Pacific region distributor and the global consumer electronics OEM... for Microvision's laser PicoP projector SHOWwx.

Microvision’s Asia-Pacific region distributor is Mint Wireless and the global consumer electronics OEM is Uniden Corporation.

Obviously the Microvision investors didn’t like the names in the news and the stock price plunged to $4.66 early in the morning to make the low of the day [from $5.28] and closed the day at $5.07. Then at the conference call, after the market close, Alex Tokman, CEO of Microvision, decidedly tried to dodge the questions regarding green laser supply from Corning. I don’t think the investors liked the [wishy-washy] answers to green laser supply issue either.  And that, in my opinion, set the stage for further decline in MVIS stock price that came about the next day on Friday… when the stock went down further and closed the day at $4.39.

The stock price action before and after the conference call [CC] is not surprising when you consider…

• Many MVIS investors were expecting global consumer electronics firms like Sony or LG Electronics as the OEM partner of Microvision that was announced on October 8th, 2009… without naming any names at the time. Many of us and that include me, speculated on the OEM partner’s name and wrote pages to arrive at the conclusion that it could be either Sony or LG Electronics. When we finally heard the name “Uniden Corporation”, we were disappointed… because most of us are not familiar with Uniden as a household name in the US.

• Also the undisclosed name, of the Asian distributor [from October 8th press release], was finally disclosed as “Mint Wireless” at the same time the OEM’s name "Uniden" became a public knowledge. Again, some of us were disappointed because we were expecting some big name global distributor… and not some company named “Mint” from Asia.

• At the conference call, several times the same question about “quantities of green laser” supply from Corning was asked and Alex Tokman answered it in the same vague manner [more or less]… its hard to say and that he wasn’t sure. We all know how important the green laser supply quantities are to the successful launch of Microvision’s first laser PicoP projector SHOWwx.  So, it is not surprising that each and every individual participating in the Q&A session asked the same question [in different ways]… about the quantities of green lasers that would be available to Microvision in 2009 and 2010.

Here’s the link to the transcript of 3rd Qtr conference call…
http://www.mvisbuzz.com/2009/10/conference-call-notes.html

• At one point during the Q&A session, the Analyst from Morgan Stanley took a dig at Alex Tokman when he said: “At some point you're going to have to give the analyst community something to feed on and do their reports. I'm looking forward to that day.”

• For a few years now, I've been watching the investor anticipation and high hopes leading into quarterly conference calls only to feel let down after each event. It looks like that the analysts have also caught on and don't much partake in Q&A sessions anymore…as they don’t seem to get what they are looking for information on supply quantities of green lasers at this stage of product launch and Microvision's sales channel growth.

Considering the above, a first blush knee jerk action best describes the investor response to the news… about Mint Wireless and Uniden… and lack clear understanding of comments made by Alex Tokman, on green laser supplies for 2009 and 2010.

In my humble opinion, the investor selling on the news is reactionary; because of lack of information about the two big name companies from the Asia-Pacific region. Let’s first talk about Mint Wireless and Uniden, and then we will discuss the lack of understanding the comments on green laser supply issue. The price of MVIS stock will take care of itself when we are better informed and had some time to digest the information.

Here we go…
• Microvision has clearly stated their distribution strategy as…

“The Company plans to distribute its accessory pico projector product through three sales channels: OEM branded products, Microvision branded products sold through international distributors and Microvision direct sales through its on-line store. Microvision has signed several marketing and distribution agreements with international distributors in Asia and Europe to launch Microvision branded and private labeled versions of the laser pico projector. Microvision expects to begin product shipments in the next several weeks.”

Here’s the link to the press release…
http://finance.yahoo.com/news/Microvision-Announces-bw-2654236991.html?x=0&.v=1

• First, note the statement…

“… three sales channels: OEM branded products, Microvision branded products sold through international distributors and Microvision direct sales through its on-line store.”

That clearly means, we should see several OEM partners worldwide branding Microvision products… a white label sale where the OEM puts their Logo and does its own marketing, sales, and support. The first market that Microvision has opened is the Asia-Pacific region. And the first OEM in the Asia-Pacific region is Uniden Corporation for example. Uniden is a global consumer electronics OEM with over $40 billion in sales and is a household name in the Asia-Pacific region. Not only that, Uniden has extensive reach and depth in other global markets like Europe and the Americas… including the US.  But their engagement in this specific instance, is for the Asia-Pacific region... and they came to the table through Mint Wireless as the Asian distributor/sales agent.

Consider this...
I bought my Uniden cordless phone system, here in the US, in 2007 from Costco... after having done some research looking for best of the breed. In the Asia-Pacific region, my friends and family tell me that Uniden is a very well known and respected brand name. Microvision has done well teaming-up with Uniden as its first global consumer electronics OEM. Granted, they are not Sony or LG Electronics... but that may happen soon after when green laser supply picture changes.

Here’s more information on Uniden and some well known competition…

Uniden Corporation
http://wrightreports.ecnext.com/coms2/re...

Motorola, Inc.
http://wrightreports.ecnext.com/comsite5...

Nokia Corporation
http://wrightreports.ecnext.com/comsite5...

For those who may not know, Uniden is a pioneer of many electronic gadgets brought to the market…

o 1st to manufacture a cordless phone
o 1st to offer voice scramble security
o 1st to introduce selectable channels
o 1st to introduce caller identification
o 1st to introduce a completely digital phone & digital answering machine
o 1st to introduce a 900 MHz analogue cordless phone into Australia.
o 1st to introduce 5.8 GHz Digital Spread Spectrum cordless phones into Australia
o 1st to introduce Wideband DECT Technology into Australia
o 1st to introduce 3D Mapping into Car Navigation for Australia
o 1st to introduce XDECT Technology into Australia.

Uniden is the world's largest manufacturer of wireless communication products and the world's leading cordless phone manufacturer.

• Now look at the statement again…

“… three sales channels: OEM branded products, Microvision branded products sold through international distributors and Microvision direct sales through its on-line store.”

That clearly means we should see several international distributors worldwide selling branded products with Microvision Logo and the distributor doing the marketing, sales, and support. The first market that Microvision has opened for its branded product is the Asia-Pacific region. And the first distributor in the Asia-Pacific region is Mint Wireless for example. Mint Wireless is a well know distributor of consumer electronics products in the Asia-Pacific region.

Here’s information on Mint Wireless and also the distribution agreement with Microvision…

“Mint Wireless Limited (http://www.mnw.com.au/) is an ASX listed technology company focused on providing mobile payment solutions (http://www.mint-wireless.com/) and the development and management of consumer technology products and services. Mint is a developer and leading distributor of innovative consumer technology products to many of Australia and New Zealand’s largest retailers and online e-tailers.”

Here’s the link to the agreement with Microvision…
http://www.mnw.com.au/images/ASX%20Announcement/20091022_Mint_signsexclusivedistribution_agreementwithMicrovisionandreceivesinitialorderfromUnidenFINAL.pdf

Mint Wireless is not really a distributor in the way we think here in the US. In the context of their relationship with Microvision, they may act like a sales agency [very common practice in the Asia-Pacific region] working off a small percentage commission like 3% to 5%.

Their mission is more like helping Microvision [as an agency] open the doors to OEMs and help book sales. One such door they have opened for Microvision is Uniden. Mint Wireless also buys product for its own account and certainly does issue a PO in its own name. If you look at their size [in terms of revenues] they are only $12 million dollars from the Australia/New Zealand region. However, with Uniden contract in hand and working as agents for Microvision, they hope to bring-in high margin revenue with little cost exposure.

• Now let’s move on to the next part of the statement…

“Microvision has signed several marketing and distribution agreements with international distributors in Asia and Europe to launch Microvision branded and private labeled versions of the laser pico projector.”

This clearly tells me, without a doubt, that there will be more regions in the world, like Europe and the Americas, which will be opened in the near future. I expect to hear, on a monthly basis, the names of more global consumer electronics OEMs for white labeled products and regional distributors for Microvision's branded products.

• Now back to the first part of the statement one more time…

“The Company plans to distribute its accessory pico projector product through three sales channels: … and Microvision direct sales through its on-line store.”

That tells me, we should soon see an on-line Microvision store selling Microvision brand laser PicoP projectors… including the SHOWwx and its derivatives.

I hope that helps, to clarify the way business is being done and who the household name players are in the Asia-Pacific region.

Not only that, I hope this post has helped you clear-up the marketing and distribution strategy that has been adopted by Microvision for its stand alone accessory PicoP projector SHOWwx.

Stay tuned for Part 2 to this post… which would cover the green laser supply issue as part of the post titled: Microvision: 3rd Qtr Earnings Conference Call – October 22nd, 2009.
 
The journey to “Image by PicoP” ubiquity has just begun… and we are on the roll.

As Matt Nichols from Microvision said…

“Mint Wireless and Uniden Start the Ball Rolling”

It’s a roll… meaning a little push is all it takes to continue gathering momentum.

Be part of this momentous journey and not just watch the caravan pass you by.

Anant Goel
http://www.wealthbyoptions.com/

Microvision: Pure Play on Green Laser & PicoP Projector Technology

In 2004, excluding diode lasers, approximately 131,000 lasers were sold worldwide, with a value of $2.19 billion. In the same year, approximately 733 million diode lasers, valued at $3.20 billion, were sold.

The broad based laser technology and its applications in so many industries are growing nicely. However, the green laser [diode laser] are the next hot technology play because of their potential application in the mega billion consumer Pico projectors [in billions] and Laser TVs [in tens of millions] markets.

Pico projectors are becoming a dime a dozen, with an array of companies, from established players like Optoma to toy maker WowWee, jumping on the bandwagon. Microvision’s SHOWwx is different: This PicoP projector uses laser light sources, which results in a wider color gamut and a picture that’s always in focus. At 4.3 ounces, it easily slips into a shirt pocket and lets road warriors beam nearly everything from photos and videos to PowerPoint slides onto virtually any surface.

Laser based Pico projector have un-disputed technological advantages over the competing DLP [from Texas Instruments] and LcoS [from3M] technology. In the laser based Pico projection market, Microvision is the dominant pure play on green laser, as well as, the Pico projectors for the mega billion dollars market.

It has been hard on the initial investors of Microvision when they purchased on speculation and pushed the MVIS stock to over $63 and then see it plummet down to less than a dollar in March of 2009. It is sad that many original investors of MVIS and the other who saw the huge potential of Pico projectors years ago are not being rewarded for their foresight. But that may change soon as the biggest milestone [the availability of green lasers] has been accomplished in the eventual introduction of laser based Pico projectors to the consumer market.

TI and 3M are both off to market with successful product launches in collaboration with their respective partners. But the market seems to not have embraced their Pico projectors with any enthusiasm. Research shows that initial buyers are few and mostly techies and technologically curious. This is a good sign for Microvision… because the six month [or so] delay in their introduction [in September] of the laser based PicoP projector has not adversely impacted its market position or perception of technology leadership in the Pico projection space. The competition has no technology, business or first to market advantage, so to speak, over Microvision.

Risk of MVIS stock ownership has greatly diminished as the company gains momentum with the recently announced commercial product launch of the world’s first laser PicoP projector. Several other aspects of Microvision’s technology have also advanced forward for the better during the last six months. To name a few advances:

• Pathway to higher lumen brightness for next generation PicoP display engines

• Patents on 3D PicoP projection technology

• R&D progress on High Definition PicoP display engines

• Reduction in power requirements of PicoP display engines

• See-through eyewear moves from helmet to glasses

• Development in PicoP display engine based portable cinema experience

The Corning and Microvision supply agreement under which Corning will supply its G-1000 [and G-2000] green lasers to Microvision accomplished a key milestone with the commercial launch of the world’s fist laser PicoP projector SHOWwx on September 15th, 2009.

As Microvision has become more of a pure green laser play, in addition to the laser PicoP projection technology, a more aggressive investment would be to buy both Microvision [MVIS] and Corning [GLW] stock, which would reflect a stellar upside of a successful green laser and laser based PicoP projection technology.

Eventually the success of green lasers [frequency doubled and the diode laser] will depend on its successful adoption by the PicoP projection market. If you were to look at some of the analyst and media projections, the future for both the green lasers and PicoP display engines looks bright.

Laser based PicoP display engine technology is superior to the technology of the early movers into the market… like TI with DLP/LED technology… 3M with LcoS/LED technology.

As someone from the media said…

“Pico projectors are becoming a dime a dozen, with an array of companies, from established players like Optoma to toy maker WowWee, jumping on the bandwagon. Microvision’s SHOWwx (priced between $400 and $500) is different: This Pico uses laser light sources, which results in a wider color gamut and a picture that’s always in focus. At 4.3 ounces, it easily slips into a shirt pocket and lets road warriors beam nearly everything from photos and videos to PowerPoint slides onto virtually any surface.”

Indeed, size isn’t everything. Ian Brown, vice president of sales and marketing for Microvision, said it is Microvision’s ease of use that will make it stand out in the growing Pico projector category.

“Anyone can create a product, but the question is if the experience delights users,” Brown said.

Anant Goel
http://www.wealthbyoptions.com/

Microvision: Take Over Target (Part 2)

Someone asked the obvious question: "What if a company does make an offer?"

Well, here's what I think...

If a company makes an offer and Microvision management turns it down then they [the suitor] have the option of going directly to the shareholders and try to get them to agree to a PPS rejected by the management. At that time, management would make their case to the shareholders why the takeover offer is too low and that there is more value to remaining independent.

If we can make a case on the back of a napkin for $100 per share in next 5 years, then I am sure a Six Sigma Master Black Belt CEO of Microvision can do the same. The current management team did not come to Microvision to preside over the sale just as they are about to achieve commercial success.

Here are some back-of-the-napkin CONSERVATIVE figures…

Five years from now in 2014, the stock could easily trade in the $300 to $400 range. Here’s the projection…

• Worldwide Market Size: 2 billion units [cell phones, laptops, smartphones, camcorders, digital cameras, mobile TV/Projectors, etc.]

• Worldwide Market Size: 1 billion units [wearable displays]

• Market Adoption Rate: 10%... 300 million units

• Microvision Market share: 15% of 300 million units… 45 million units

• OEM price: $90 per PicoP display engine

• Revenue: $4 billion

• Net Profit Margin: 40%

• Net Profit: $1.6 billion

• EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization: $1.55 billion [with operating expenses at $50 million]

• Interest Expense: $0 million

• Interest Income: $20 million

• Tax: $120million

• Depreciation: non cash and very small

• Amortization: non cash and very small

• Net Operating Income: $1.5 billion

• Earning Per Share: $16.60 on a fully diluted basis [90 million shares]

• Price Earning Ratio: 30 for a hyper growth company

• Price Per Share: $500 per share approximately

In my book, the Risk is insignificant [may be 3% per year in lost opportunity] as compared to the potential of making 100 times your money in the next 5 years.

A standard way to value a company, or any investment, is the Dividend Discount approach. Other closely related approaches are: Discounted Cash Flow, Free Cash Flow, and Economic Value Added (EVA), a trademark of Stern & Stewart. To use any of these methods, the analyst projects future payoffs to the investor, then discounts these payoffs to their present value.

No matter what approach you choose, you still have a hyper growth company that is worth at least high double digit PPS in today’s value.

As someone said…

“This is a $100 stock in a $5.28 wrapper.”

The competition knows that.

Anant Goel
http://www.wealthbyoptions.com/

Microvision: Opportunity of a Lifetime… in our Lifetime (Part 3)

The cost of missing out can be greater than the cost of messing up.

“The opportunity of a lifetime must be seized in the lifetime of the opportunity.”
…Leonard Ravenhill

So much for the energy savings benefit of laser based PicoP display engines. Now lets turn our heads to the next waves of change [or paradigm shift] coming upon us.

First, the commercial...

"Microvision stock [NASDAQ: MVIS] is an investment that represents the opportunity of a lifetime… in our lifetime. And it is a BIG opportunity that can propel us to our financial goals in one great leap within our active lifetime… like in the next 4 to 5 years."

Next, the REASON #3... to not let this opportunity pass you by and why you should quickly reposition your assets now…

REASON #3

We already know the ubiquitous nature of the Internet, the laptops and Mobile phones around the world. However, what we may not know that there is yet another mega change taking place right under our noses…

• Smartphones are rapidly replacing the classic mobile phones around the globe

“Worldwide mobile phone sales totalled 286.1 million units in the second quarter of 2009, a 6.1 per cent decrease from the second quarter of 2008, according to Gartner, Inc. Smartphone sales surpassed 40 million units, a 27 per cent increase from the same period last year, representing the fastest-growing segment of the mobile-devices market.”

Here’s the link to Gartner report…
http://www.gartner.com/it/page.jsp?id=1126812

"Smartphone sales were strong during the second quarter of 2009, with sales of 40.9 million units in line with Gartner's forecast of 27 per cent year-on-year sales growth for 2009," said Ms Milanesi. "Given the higher margins, smartphones offer the biggest opportunity for manufacturers. It is the fastest-growing market segment and the most resistant to declining ASPs."

Smartphones are feature rich mobile devices that consist of a mini-laptop with built-in mobile phone and connected to a service provider [carrier] via a broadband mobile network like the 3G… or the future 4G. Smartphones are feature rich mobile phones and one of the key features that have plans to be offered in the high-end smartphones is a pico projector… as an accessory unit initially… followed by the embedded version in 2010. Future smartphones are expected to include, or offered as an option, a pico projector as a standard unit just like the digital camera is today.

• Pico projectors are being developed as an embedded feature in all things digital

The next popular categories that integrate pico projectors would be mobile computing [laptops] and communication [cell phones, Smartphones] devices, and a whole range of multi-functional consumer electronic products such as personal media players [iPod], digital cameras, digital camcorders and Integrated Mobile TV/projectors.

Why pico projectors are such a rage all of a sudden… you may ask?

That’s a fair question and can be answered in four parts…

Part 1: Pico Projectors can add Big Screen Experience to Small Devices
Analyst, Cellular Devices, Mobile Consumer and Mobile Video Services, In-Stat: “As mobile devices add more multimedia capabilities, embedded pico projectors can add a big-screen experience to a very small device,” said David Chamberlain, Author of the report and Principal.

Part 2: Rapidly Evolving Illumination Technologies like LEDs and Green Lasers Make Pico Projectors Possible
In-Stat found that illumination technologies are rapidly and continuously evolving by the day with manufacturers able to produce and supply Light Emitting Diodes (LED’s) and green lasers, and that the demand for such gizmos integrated within other devices will be so huge that the volumes will easily drive down modular costs to the extent that Pico projectors will become part and parcel of relatively low cost cell phones, media players and other digital consumer electronic devices.

“Technological advances in miniaturization, signal processing, and light sources—including green laser—are making Pico projectors a realistic feature for small battery powered devices like cell phones, media players, computing devices, and other consumer electronics,” said Chamberlain.

Part 3: Powerful & Always Connected Functions Rich Devices with Enhanced Visual Experience
Today, the mobile devices are ubiquitous and if you were to project out the current trends another ten years…

“You will be carrying with you, on a 24x7 basis, a very powerful, always connected, functions & sensor-rich device with enhanced visual experience… called the Smartphones. And the cool thing is, so will everyone else. So what are you going to do with it that you aren't doing now?

Before we consider the possibilities, let’s first address the ubiquity of the mobile devices and extrapolate the current trends towards the mobile phones of the future for everyone on this planet. In other words, the mobile phones of to-day will pave the path to ubiquity for Smartphones of tomorrow… and that tomorrow may be here as early as the next 10 years. And what’s good for smartphones of tomorrow is indeed good for pico projectors as an accessory or as an embedded unit.

Consider this…

• There are currently about 3.2 billion mobile subscribers in the world, and that number is expected to grow by at least a billion in the next few years.

• Today, mobile phones are more prevalent than cars (about 800 million registered vehicles in the world) and credit cards (only 1.4 billion of those).

• While it took 100 years for landline phones to spread to more than 80% of the countries in the world, their wireless descendants did it in only 16 years.

• Fewer teens are wearing watches now because they use their phones to tell time instead. So it's safe to say that the mobile phone may be the most productive and ubiquitous consumer product ever invented.

However, have you ever considered just exactly how powerful these ubiquitous devices are and if the current trends were to be extrapolated… what future mobile device will look like? Whatever the name [or logo] on the cover, under the hood these mobile phones of the future will be the smartphones that will be very smart [pun intended] and very powerful. Smartphones like “Blackberry” considered a business tool are now successfully targeting consumers. On the other hand, “iPhone” considered a consumer product is now targeting business customers. Some day, they may converge and pretty much offer the same power, functionality, connectivity, long battery life and ease of use etc.

As more and more consumers switch to smartphones globally, the Blackberry and iPhone are picking up market share at the expense of foreign competitors such as Nokia.

However, the good news is that the overall smartphones market is growing faster than ever. In 2008, a total of 1.2 billion mobile phones were sold worldwide, according to IDC, of which some 160 million were smartphones, or 13%. In 2013, IDC predicts that 20% of the 1.4 billion mobile phones sold will be smartphones, or 280 million.

Currently, we know what smartphones like Blackberry and iPhone offer. What we don’t know and, therefore, we can only speculate what additional functionality and features the future smartphones may offer. Here’s a list of what the future may hold in store for the consumers…

Smart alerts: Your mobile phone will be smart about your situation and alert you when something needs your attention. This is already happening today… eBay can text you when you've been outbid, and alert services (such as Google News) can deliver news, sports, or stock updates to you. In the future, these applications will get smarter, patiently monitoring your personalized preferences (which will be stored in the network cloud) and delivering only the information you desire. One very useful scenario: your phone knows that you are heading downtown for dinner, and alerts you of transit conditions or the best places to park.

Augmented reality: Your mobile phone uses its arsenal of sensors to understand your situation and provide you information that might be useful. A stylish looking app, for one example, may automatically track Zagat rated restaurants, giving users food and cost scores as they move in real time bringing new dining places into view as they appear on the map.

Or perhaps, do you really want to know how much is that red dress in the window? Your phone, with its GPS and compass, knows what you are looking at, so it can tell you before you even ask. Plus, it may even suggest what purse and accessories go with the red dress?

Crowd sourcing: Your mobile phone is your omnipresent window to the world, a way to publish pictures, emails, texts, Twitters, streaming videos and blog entries. When everyone else is doing the same, you have a world where people from every corner of the planet are covering their experiences in real-time. That massive amount of content gets archived, sorted, and re-deployed to other people in new and interesting ways. Ask the web for the most interesting sites in your vicinity, and your phone shows you reviews and pictures that people have uploaded of nearby attractions. Like what you see? It will send you directions on how to get there.

Sensors everywhere: Your mobile phone knows a lot about the world around you. If you take that intelligence and combine it in the cloud with that of every other phone, we have an incredible snapshot of what is going on in the world right now.

Tool for development: Your mobile phone may be more than just a convenience; it may be your livelihood. Already, this is true for people in many parts of the world: in southern India, fishermen use text messaging to find the best markets for their daily catch, in South Africa, sugar farmers can receive text messages advising them on how much to irrigate their crops, and throughout sub-Saharan Africa entrepreneurs with mobile phones become phone operators, bringing communications to their villages. These innovations will only increase in the future, as mobile phones become the linchpin for greater economic development.

The future-proof device: Your mobile phone will open up, as the Internet already has, so it will be easy for developers to create or improve applications and content. The ones that you care about get automatically installed on your phone. Let's say you have a piece of software on your phone to improve power management (and therefore battery life). Let's say a developer makes an improvement to the software. The update gets automatically installed on your phone, without you lifting a finger. Your phone actually gets better over time.

Safer software through trust and verification: Your mobile phone will provide tools and information to empower you to decide what to download, what to see, and what to share. Trust is the most important currency in the always connected world, and your phone will help you stay in control of your information. You may choose to share nothing at all (default mode), or just share certain things with certain people─ your circle of trusted friends and family. You'll make these decisions based on information you get from the service and software providers and the collective ratings of the community as well. Your phone is like your trusted valet: it knows a lot about you, and won't disclose an iota of it without your permission.

Enhanced Visual Experience:  Not too long ago, a mobile phone offered only a one-to-one viewing experience with little room for personalization and lacking the cool factor. Soon Microvision’s PicoP display engine technology will change the DNA of the phone, making it more visual, interactive and unique to the user. Taking this a step further, your cell phone will become a “one-to-many” tool, allowing us to share mobile content with groups of friends, family and colleagues. In the not-too-distant future, road warriors will be showing presentations to a room full of colleagues via a projector accessory [SHOWwx] for their mobile phones. We have only begun to unleash the mobile visual experience.

Part 4: Laser Based PicoP Projectors are Superior Technology Compared to the Rest

Microvision Will Change Your Visual Experience, Wirelessly…

With the increasing number and variety of visual applications on mobile phones, Microvision’s PicoP display engine technology will deliver the mobile experience consumers have come to expect. Consumers will be able to use their mobile phones to capture and store high-quality content, including digital movies and console-quality video games, and then watch the content with others via a connection to mobile, palm-sized, full-featured SHOWwx PicoP projector, which are expected to be available in the 4th Qtr. of 2009.

Professional and amateur film makers can already use their mobile phones to show-off high-quality samples of their creations to producers using video clips taken on their handset. Soon, they [and you] will be able to share your video creation or the latest funny video from YouTube with a room full of people, in DVD quality (848 x 480) resolution, the same clarity you receive from your DVD player at home. Parents will be able to send DVD quality videos of their children learning how to ride a bike to family members, who may then show a room full of their friends.

In conjunction with third party technology for processing HD video and graphics content, Microvision’s PicoP projector will allow [in 2010] integration into a mobile phone, further enhancing display options in mobile devices. Microvision’s Pico projector is creating a new standard by extending beyond the limitations of the physical screen on mobile phones and allowing consumers to share content with friends and family.

From viewing video content on a 2-inch LCD screen on your mobile phone to being able to watch DVD-quality video in widescreen TV format projected on to the closest wall, the wireless experience will never be the same.

Quality of image, rich & vivid colors and always-in-focus feature is important when projecting from your Mobile devices. For comparison, look at the quality and size of the Microvision’s PicoP projection and compare it to the [static] images from the Optoma DLP Pico projector and the 3M LcoS Pico projector…

First, the link to the Optoma DLP Pico projector video…
http://www.youtube.com/watch?v=HMeQBF4LNws

Next, the link to 3M LcoS Pico projector video…
http://www.youtube.com/watch?v=4NNMHYgpGO4

Now look at Microvision laser PicoP projector SHOWwx video…
http://www.microvision.com/displayground/?m=200908

[Note: Make sure to click on the video play button]

Now tell me, if I need to write a thousand words to explain the difference between the three?

Microvision Will Change Your Visual Experience, Wirelessly!

Stay tuned for REASON #4… as we move forward in our journey to explore “Microvision: Opportunity of a Lifetime… in our Lifetime”

Anant Goel
http://www.wealthbyoptions.com/

Microvision: Opportunity of a Lifetime… in our Lifetime (Part 2)

The cost of missing out can be greater than the cost of messing up.

“The opportunity of a lifetime must be seized in the lifetime of the opportunity.”
…Leonard Ravenhill

Microvision stock [NASDAQ: MVIS] is an investment that represents the opportunity of a lifetime… in our lifetime. And it is a BIG opportunity that can propel us to our financial goals in one great leap within our active lifetime… like in the next 4 to 5 years.

Here are FIVE REASONS not to let this opportunity pass you by and why you should quickly reposition your assets now…

REASON #2

When IBM first introduced the PC in 1980, nobody in their wildest dreams imagined that it will dramatically change the world as we know today. It took about 20 years but we have witnessed dramatic improvements in personal and worker productivity, collaboration, communications, networking, information databases and knowledge creation and exchanges.

Now 25 years later, we are on the cusp of another mega change… a paradigm shift. This time the changes will occur [faster] and impact the way we communicate [visually], network, collaborate, share, care and exchange knowledge and information.

Not only that, the low power requirement of [less than 3watts] the PicoP display engine embedded in all things digital and built into TVs and Projectors may just extend our resources [financial and natural] and save the planet earth from slow death. For example, the biggest energy guzzlers on this planet are big screen TVs.

News from this morning says it all…

California appears poised to be first to ban power-guzzling big-screen TVs

The LosAngeles Times
By Marc Lifsher
October 14, 2009

“Reporting from Sacramento - The influential lobby group Consumer Electronics Assn. is fighting what appears to be a losing battle to dissuade California regulators from passing the nation's first ban on energy-hungry big-screen televisions.”

Here’s the link to the news…

http://www.latimes.com/business/la-fi-bigtvs14-2009oct14,0,4908205.story

The energy problem is not just in California… it’s a world-wide problem that needs addressing now before the planet destroys itself with too much “carbon footprint” or due to lack of “energy” to fuel and feed the world’s 6 billion population. Energy conservation, in a big way, is coming soon to every single US state… and it’s just the matter of time.  Electric brown-outs and rationing is in our near future... that is if we, as a nation, do not make an aggressive and collective effort to conserve.    

Talking about conservation...
"The use of PicoP display engines in TVs and Projectors that give us high definition; large screen; always in focus display at a fraction of power [less than 3watts for PicoP display engine] may just be the answer to our worldwide energy problem… where a billion or so TVs suck the energy out of planet in exchange for a few hours of HD entertainment.

I’m sure you will agree that Microvision’s PicoP display technology is disruptive [of a mega proportion] and of a nature that could cause dramatic shift in “technology paradigm” and the “social paradigm” around the world.

Specifically, for the third world countries, for example, the technology paradigm shift would be…

“20inch energy guzzling TVs replaced with a 60inch Integrated Mobile TV/Projector, with built-in DVD player and speakers, at HD resolution with image projection on any surface…always in focus…at miniscule power usage of less than 3watts for the display engine… and at about $699 US dollars.”

The PicoP display engine market for the Integrated Mobile TV/Projector [in the developing countries] is over 1 billion worldwide with an adoption rate ten times bigger than you can hope for the embedded Mobile phone market. Consider this…

• Total population of India and China is over 2.8 billion and growing. Considering an average household size of 5 [for India] and 4 [for China] you have about 650 million households. Ironically, the current Mobile phone market in India and China is also about 700 million. Assuming that the middle-class [only] can afford a Mobile phone then there are 700 million households that fall in the middle class category in India and China.

• Assuming that a household that can afford a mobile phone can certainly afford [and own] a Television. Therefore, in India and China there are at least 700 million TVs. The middle class in India and China is growing at a 10% rate per year. To this growth, you add the rest of the third world and Eastern European countries [for 300 million TVs] and you have potentially 1 billion TVs market world-wide that is looking for low power consuming, high resolution and large size TV experience.

If Microvision [and the OEM partners] mass produce an Integrated Mobile TV/Projector [with built-in DVD player and speakers] at 60” image, HD resolution and consume no more than 3watts for the display engine… you have a billion households as your potential customers… with an adoption rate of ten times higher than that of embedded Mobile phone. This is a huge market with tremendous financial rewards for the slow and steady hand that can deliver on the promise of PicoP display engine to the energy starved world of ours.

Not only that, the low power requirement of the PicoP display engine in Integrated Projectors and Integrated Mobile TVs/Projectors may just extend our resources [financial and natural] and save the planet earth from slow death.

Unlike the US and other western countries, electric power in highly populated countries like India, China, Eastern Europe and other third world countries is in extreme short supply. Not everyone has electricity and those that do have… face constant brown-outs and rationing. With the world energy supply dwindling, and costs rising dramatically, the electricity is a precious commodity.

Here’s a wish list product, based on Microvision’s SHOWwx PicoP projector…

SHOWwx PicoP Model 60: All-in-one Integrated Projector with built-in DVD player and speakers.

FEATURES:

• Low power requirement… less than 3watts for PicoP display engine… 20watts overall
• DVD quality display larger than on a 60″ widescreen TV
• Easy setup — just plug, load and play
• No focus adjustment required
• Built-in handle and carrying case included

The ultimate portable projector, DVD and music player combo, SHOWwx PicoP 60 delivers all the big-screen drama, sound and excitement you desire — just plug, load and play.

For larger-than-life entertainment, SHOW PicoP 60 is the all-in-one product with a built-in progressive scan DVD/CD player and dual Dolby® 5.1 Digital DTS® 5 W stereo speakers. It works with any blank wall or screen and projects DVD movies larger than on a 60-inch widescreen TV.

SHOWwx PicoP 60 sets up easily— all you need is an electrical outlet. There are no additional cables or equipment to hook up. It features a convenient handle and soft, cushioned carrying case so you can take the show on the road. And, it delivers natural colors and bright, vibrant images with 1-chip, MEMS Laser technology.

SHOWwx PicoP 60 is incredibly versatile for videogames, TV, movies and more. It works with your TV set-top box, laptop, Apple iPod® Nintendo® Wii™ Sony® PS3™ or Microsoft® Xbox 360™ video game system for more entertainment options. It displays a 60-inch, widescreen image from just 5 feet away, or a 100-inch image from just 8 feet away.

Dealer Prices may vary from $699 to $899… depending on the model. All prices are in U.S. Dollars.

SELLING FEATURES: Low power, high definition, always –in-focus, rich colors, short throw ratio, fast refresh, and wide screen multi-media experience.

The worldwide market for such a low power consuming laser based Integrated Mobile TV/Projector market is huge.

Microvision has the technology and supply chain partners up and down the line. All they need is the vision and resolve to aggressively pursue this market themselves or do it in collaboration with its global distribution and OEM partners.

Stay tuned for REASON #3… as we move forward in our journey to explore “Microvision: Opportunity of a Lifetime… in our Lifetime”

Anant Goel

http://www.wealthbyoptions.com/

Microvision: Opportunity of a Lifetime… in our Lifetime (Part 1)

The cost of missing out can be greater than the cost of messing up.

“The opportunity of a lifetime must be seized in the lifetime of the opportunity.”
…Leonard Ravenhill

From time to time, during the course of our lives, we are granted the "opportunity of a lifetime.  It's a chance that doesn't come our way very often, and usually one that would result in enormous financial benefits to us… if we can manage to get hold of it before it fades away.

While it's true that certain opportunities only occur "once in a lifetime," that doesn't mean there won't be other opportunities coming our way.  However, when you look closely enough, most opportunities are literally "once in a lifetime" chances – meaning; each opportunity has its own uniqueness, benefits, life cycle and level of results. Rarely are we presented with the same exact opportunity twice in a row. They are all special and important in their own ways. Some of them are BIG opportunities that will propel us directly to our desired outcome in one great leap, while others are smaller and might move us forward just a tiny bit.

Microvision stock [NASDAQ: MVIS] is an investment that represents the opportunity of a lifetime… in our lifetime. And it is a BIG opportunity that can propel us to our financial goals in one great leap within our active lifetime… like in the next 4 to 5 years.

Here are FIVE REASONS not to let this opportunity pass you by and why you should quickly reposition your assets now…

REASON #1
The continued and almost parabolic rise from the recent lows [made in March] in stocks like Microvision [MVIS] and major indices is almost a case study as to why it pays to stay invested. For those investors who got shaken out by the almost unrelenting selling witnessed in November [last year] and in March [this year], the move up since has been equally as distressing… for those who remained short or stayed on the sidelines.

In case of Microvision, while a bounce from the lows of $0.77 cents was widely expected, the fact that it has been sustained for so long [currently trading at $5.48] is interesting. Since the beginning of March, the major indices have moved up by over 60% [and MVIS has moved up over 600%], truly showcasing the Market in its most manic state. The 600% move up in MVIS is not only due to overall improvement in the general Market, but also due to the commercial release, by Microvision, of the world’s first laser based PicoP projector SHOWwx on September 15th, 2009.

After three years of hard work, anxious wait for green lasers and sweating it each passing day, another announcement made [on 10/8/2009] of a major OEM purchase order comes as a major milestone accomplished in the history of Microvision. The stakeholders of Microvision [investors, partners and consumers] can finally take comfort in this announcement as a milestone that…

“…validates the performance and quality of our first laser projector offering. On the heels of announcing our first shipments of the SHOWwx laser pico projector, and receiving the purchase order from an international distributor, this is another significant milestone in our go-to-market strategy.” ... Alex Tokman, CEO of Microvision.

We are truly at the turning point in the history of Microvision, that some may call the “validation” phase. Because, that’s what the commercial release and the two purchase orders from global consumer electronic OEMs represent as …

• Validation of Microvision’s laser based PicoP display engine technology, its quality, its reliability, and a viable commercial fabrication & production milestone.

• Validation of performance and quality of PicoP display engine at the core of the world’s first laser based PicoP projector SHOWwx.

• Validation of Corning's green laser technology, its reliability, and a viable commercial fabrication & production milestone.

• Validation of technical and performance superiority of laser based PicoP projector as compared to other two technologies on the market… DLP from Texas Instruments and LcoS for 3M.

• Validation of consumer preference for Microvision’s PicoP projector: wide screen, high definition, longer battery life, 2D video with fast refresh without motion blur, small physical size and always in focus images for all of video [static, streaming, and broadcast] communications.

• Validation of acceptable safety standard for laser based PicoP projectors in consumer use and adoption.

• Validation of speckle as a non-issue and as virtually non-existent with Microvision’s laser based PicoP display engine.

• Validation of fundamental design flaws of Microvision competitors: low resolution images, faded colors, short battery runs, longer throw distance, and requiring constant manual focus adjustments.

• Validation of Microvision as a product company rather than just a R&D house with 115 issued patents and with many more on file.

• Validation of global consumer electronic OEMs recognizing laser based PicoP projectors as a viable and superior alternative to DLP, LcoS and FLOCS technology.

• Validation of growing demand for Pico projectors from carriers and content providers on a global basis.

• Validation of consumer demand for quality Pico projectors.

• Validation of growing demand for green lasers and the ensuing competition in green laser product arena.

We can quibble about any one of the above and despair that there are no solid numbers as yet. However, the announcement of big name [names yet to be disclosed] Global consumer electronic distributors and OEMs signing on the dotted line validates all of the above that is important to the financial viability of Microvision as a company… as well as a financial investment opportunity of a life time for us.

Some of you may argue that…

“… with the MVIS stock up more than 600% already in the last six months, may be its time for the stock to take a breather and come down a bit.”

It is possible, but I won’t count on that for the following reasons…

• Currently, there is over 10% [7.65 million shares] short interest in Microvision.  And with MVIS stock rising almost daily, the short sellers are now gritting their teeth by day and grinding them at night as nothing seems effective to prompt a sell-off.  Neither poor corporate profitability nor tempered economic forecasts have been able to do the trick. In fact, the continued move up by the market [and MVIS] has been among the most parabolic in its recorded history.

• There is an overwhelming expectation for some kind of a pullback by many market [and MVIS] participants. However, when it will occur and to what degree is still a matter of conjecture. It appears that the psychology of the market seems to be shifting. No longer does it appear that investors are looking down at the bottom. Instead, they are, it appears, to be looking up at the rays of sunlight.

• While no real indication as to which direction the market is going in the short-term, the mid to long-term thesis is that the current financial crisis is almost over and the market [and MVIS stock] will be in a better and stronger position 36 to 48 months from now. Here’s an update on he overall health of the market…

o A clear business recovery is gaining momentum.
o The sideline money is flowing back into the market—and in a big way.
o Jobless claims are declining, and the massive layoffs the press has been predicting are not materializing.
o Manufacturing is expanding and triggering a boost in consumer confidence.
o The housing market is clearly recovering, too. Just look at how the S&P’s Homebuilding Index has risen by more than 30% percent this year.
o Only 16% of the Fed stimulus money has been spent to date. When the rest of that money begins to flow, the big earnings moves we’ve seen to date will look like a drop in the bucket… as more and more companies collect their stimulus funds and report even higher earnings.

• After the release on September 15th, the world’s first PicoP projector by Microvision is gaining huge investment community interest and also some raving reviews. As the times goes on, I expect a growing world wide awareness of: Microvision name, its PicoP display technology and the financial investment opportunity it represents for many years to come. It took Intel 20 odd years to gain ubiquitous status with its famous “Intel Inside” slogan. It may take Microvision half as long with its “Image by PicoP” slogan. We just have to wait and see.

• Demand for Microvision's PicoP display engines is five times the number of green lasers that are currently available from Corning… according to Alex Tokman, CEO of Microvision, at the last conference call in May 2009. Osram is coming on board with more production quantities of green laser becoming available in the fourth quarter 2009. Hopefully, that will ease-up some green laser supply issues facing Microvision at the present time.

• Corning and Osram [the two green laser supply chain partners] are improving the production quantities, the laser light technology, performance and price on a monthly basis. The next generation of green laser [Corning GL-2000] and Microvision's high definition PicoP display engine will bear this out.

• We could hear additional OEM purchase orders on a monthly basis as more and more green lasers become available from the two supply chain partners… Corning and Osram.

The availability and quality of green lasers will be crucial not only to the viability of Microvision’s PicoP display technology… but also to its financial success as a growth company. The most recent news about green lasers only reinforces my belief that Microvision will be a huge financial success…

Japan's QD Laser has developed a compact green laser that could energize the market for high-definition micro projectors.

Martyn Williams, IDG News Service
Saturday, October 10, 2009 06:00 PM PDT

Here’s the link to the news article…
http://www.pcworld.com/article/173455/green_laser_developed_for_microprojectors.html

What’s so significant about this news is the statement…

“QD Laser is planning mass production next year and the laser should cost around US$10, said Mitsuru Sugawara, the company's president and CEO, during an interview at Ceatec. That will make it significantly cheaper than the only other competitor on the market, a micro green laser from Corning, according to Sugawara.”

The last point in support of my REASON #1 is…

“With all the validation of Microvision and its PicoP display technology that has taken place in the last one month, together with its portfolio of other products, patents and IP... if Microvision were to come to the Market today with an IPO, it could easily fetch $20 per share for a market valuation in excess of $1.5 billion dollars.

And that could still be on the low side considering…

“… that in 2003, MVIS stock traded for over $63 dollars at a time when it still had no PicoP projector… no PicoP display engine… no PicoP projector prototype… no PicoP customers … and had less than one third the portfolio of patents it has today.”

Stay tuned for REASON #2… as we move forward in our journey to explore “Microvision: Opportunity of a Lifetime… in our Lifetime”

Anant Goel
http://www.mirro7.blogpost.com/

Microvision: PicoP Seduced and Engaged to LG Monaco aka LG Pico?

After three years of hard work, anxious wait for green lasers and sweating it each passing day, today’s announcement [on 10/8/2009] comes as a major milestone accomplished in the history of Microvision. The stakeholders in Microvision [investors, partners and consumers] can finally take comfort in today’s announcement as a milestone that…

“…validates the performance and quality of our first laser projector offering. On the heels of announcing our first shipments of the SHOWwx laser pico projector, and receiving the purchase order from an international distributor, this is another significant milestone in our go-to-market strategy.” ... Alex Tokman, CEO of Microvision.

It is interesting to read how Microvision management perceives the significance of today’s announcement themselves. Here’s what Matt Nichols, Microvision corporate spokesperson, said in his post at the company’s blog The Displayland…

“…we launched, we started initial shipments, we have the SHOWWX brand and now (tada!) an OEM private label brand accessory laser pico projector. This has been a fun few weeks.”

Yes, Matt we agree with you and hope you are enjoying your day [our day] in the sun for a change.

Here’s the link to Matt’s post at The Displayland…
http://www.microvision.com/displayground/

That’s all well and good; however, it is frustrating, again, to note that the Microvision management withheld the names of the two companies involved in releasing the initial purchase orders. So we grabbed our “trench coats” and went sleuthing to unravel the identity of the mysterious “global consumer electronics OEM” who also happens to be “targeting a new mobile communication device strategy”.

Without further ado, here’s what we found… thinking loud of course…

“Upon further research, the 'global consumer electronics OEM' that is mentioned in today’s news is not Sony as I previously thought… but it is in all probability LG Electronics of Korea with facilities and offices worldwide."

Some may still argue that it could be Sony, Motorola, or Apple. However, when you read again the statement made by Alex Tokman, CEO of Microvision, you could draw only two conclusions… it is either Sony or LG Electronics. The argument in favor of Sony, as presented before, is pretty strong and deserves re-stating…

“Having a global consumer electronics player, which is targeting a new mobile communication device strategy, attach their name to our product strongly validates the performance and quality of our first laser projector offering.”

Having said that, the only two companies that fit the bill, as a global consumer electronics player that are also targeting a new mobile communications device strategy... is SONY… or perhaps LG Electronics from Korea. In my previous post, I eliminated LG Electronics as the other possibility, considering how strongly Alex Tokman felt about Korean companies that are notorious for copy-cats and getting around patent infringement. Well, may be they have patch-up their differences and made-up.

Here’s some more information in support of LG Electronics as the OEM from today’s news…

• LG Electronics is the world’s third largest mobile phone handset manufacturer with 100 million units sold in 2008. The second being Samsung with 200 million and Nokia in first place with 470million units sold.

• Perhaps the most interesting mover of mobile phone manufacturers in 2008 was LG Electronics. This ever growing popular handset provider had a significant 25% growth spurt in 2008 by selling around 100 million units. LG were followed closely by Motorola with 99.9 million and Sony Ericsson with a moderate 96.6 million.

• In June of this year, LG said it wants to become the world's No. 2 handset maker by 2010 (the company in the second quarter ranked third, with 11.2 percent of the global market, behind Samsung's 19.7 percent, according to iSuppli). LG said it would release about 80 handset models globally in 2009, and 12 would be high-end models.

Read more: http://www.fiercemobileit.com/story/lg-electronics-plans-aggressive-smartphone-strategy-using-winmo-6-5/2009-09-08#ixzz0U909psFg

• Worldwide mobile phone sales totalled 286.1 million units in the second quarter of 2009, a 6.1 per cent decrease from the second quarter of 2008, according to Gartner, Inc. Smartphone sales surpassed 40 million units, a 27 per cent increase from the same period last year, representing the fastest-growing segment of the mobile-devices market (see Table 2).

Read more: http://www.gartner.com/it/page.jsp?id=1126812

• LG Electronics announced plans to release three new Windows Mobile devices, which is the start of what it called its "most aggressive smartphone strategy to date." That aggressive strategy includes the release of 13 new Windows Mobile phones by the end of 2010. Read more: http://www.fiercemobileit.com/story/lg-electronics-plans-aggressive-smartphone-strategy-using-winmo-6-5/2009-09-08#ixzz0U8ym14ST

• On May 26th, engadget wrote an article about a high end Smartphone code named “LG Monaco” aka “LG Pico” based on WinMo 7 operating system and to be released before the end of 2009.

This is what engadget had to say…

“… everything else here would work (and look) great as a next-gen device -- and the accessory projector's a pretty nifty selling point, too.”

Here’s the link…
http://www.engadgetmobile.com/2009/05/26/lg-monaco-atandts-getting-a-wvga-winmo7-qwerty-slider/

If you look at the inside of the datasheet [at the right hand bottom] you will see “Other: Pico Projector (Accessory)”.  Interesting, don’t you think!

• Daily Gadget News picked-up on the story and wrote this…

“Another news of the future LG smartphone for AT&T is leaked. The LG Monaco aka LG Pico is a Windows Mobile smartphone which presumably rund Windows Mobile 7 OS. LG Monaco packs a 3.2 inch touchscreen display with 480 x 800 pixels as well as qwerty keyboard.

For connectivity, LG Monaco support Quad band GSM and tri-band HSDPA connectivity. Its 5MP camera is equipped with autofocus feature. No words on its internal memory but Monaco has a Micro SDHC card slot to expand (up to 16GB). Other features including a GPS and pico-projector. Its release date is expected to be sometime in September 2009 although we’re not sure weather the WinMo 7 will be ready at that time.”

Here’s the link…
http://www.lifeatmost.com/smartphone/lg-monaco-aka-lg-pico/

Well, so much for the research… now we get to write the conclusion.

In conclusion...

"The timing of Microvision’s PicoP projector SHOWwx released to the OEM coincides with the readiness of WinMo 7 and the commercial release of the LG Monaco aka LG Pico.  LG Electronics is a global consumer electronics player, which is targeting a new mobile communication device strategy."

Also the code name "LG Pico" is not by chance… it is, in my opinion, by design.

Like, as “Image by PicoP” in the future embedded version of LG Monaco.

Or shall we just call it… LG PicoP!

Anant Goel

http://www.wealthbyoptions.com/