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MicroVision, Inc.
MVIS announced today that it received a notice on
October 26, 2011 from The NASDAQ Stock Market advising the company that for 30
consecutive trading days preceding the date of the notice, the bid price of
the company's common stock had closed below the $1.00 per share minimum
required for continued listing on The NASDAQ Global Market pursuant to
NASDAQ's listing requirements. In accordance with NASDAQ's listing rules, the
company has 180 calendar days, or until April 23, 2012, to regain compliance
with this requirement. This notification is simply a notice of deficiency, not
of imminent delisting, and has no current effect on the listing or trading of
MicroVision's common stock on The Nasdaq Global Market at this time.
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