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Strong Buy
Re: ASM Notes from YMB-Q&A Also from sir_tolecnal Q&A Q. Kurt W. – OEM Deals, when will we hear news about them? A. Alec - 3 phase process (1. Send OEM sample takes 1 – 6+ months, 2. Negotiation takes 6 – 12+ months, 3. Product introduction). Of the ~50 OEM samples, high 40's said they wanted phase 2. Screened down to the top 5 based upon: 1) Are they a market maker? 2) Solid business case? 3) Product timing? 4) Upfront money? 5) Willing to commit? 6) Product release date. 1 product announced (Pioneer HUD) and the other 4 are in phase 2. Goal is to sign 1 or more this year. Q. Jim H. – What will success look like next year? A. COB – Actual market adoption and MicroVision needs a company to bring a product to market. They are focusing on market leaders like Apple and Samsung that are willing to bring new technology to the market place. Q. Tom Z. – When did the fortune 100 company get their OEM? A. Alec – Q2 2012. This company could have opted for DLP technology where they only had to buy the components but they instead decided to pay $4.6M up front because they believe the technology is superior. Q. Mike P. – Microsoft and MicoVision are joined at the hip; are you excited about the new X Box coming this fall? A. We can't comment on that. However, in general the console market isn't as good as the smart phone market and we are more excited about the adoption of smart phones as a gaming platform. Q. Mike P. Who owns the patents when you work with other companies to develop products? A. Alec – Patents are either background IP or foreground IP in nature with background being something you developed outside the relationship and foreground you develop in the relationship. When you develop foreground IP, you share the patent with the other company. Q. Vern A. – Where is the HUD product going? A. Alec – We continue to fulfill orders with Pioneer and we are discussing other possibilities (i.e. embedded projector dashboards). HUD is selling and we continue to have a strong relationship with them. |
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Msg # | Subject | Author | Recs | Date Posted |
17088 | Re: ASM Notes from YMB-Q&A | moissanite | 0 | 6/6/2013 3:47:45 PM |