Microvision Inc - Microvision GmbH, Entered Into An Asset Purchase Agreement With Ibeo Automotive Systems GmbH

MicroVision Inc MVIS:

• MICROVISION INC - MICROVISION GMBH, ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH IBEO AUTOMOTIVE SYSTEMS GMBH

• MICROVISION INC - MICROVISION HAS AGREED TO ACQUIRE FROM IBEO CERTAIN ASSETS RELATED TO IBEO’S LIDAR SENSOR BUSINESS

• MICROVISION INC - MICROVISION WILL PAY TO IBEO UPON THE CLOSING IN CONSIDERATION FOR THE IDENTIFIED ASSETS EUR 15 MILLION

• MICROVISION INC - MICROVISION ALSO AGREED TO ADVANCE OPERATING FUNDS TO IBEO DURING THE PRE-CLOSING PERIOD

• MICROVISION INC - MICROVISION EXPECTS TO FUND THE ACQUISITION WITH CURRENT CASH ON HAND