The lead investor is Shmuel Farhi, a Canadian-based real estate
developer and the sole owner of Farhi Holdings Corporation, which
currently owns and manages over 4 million square feet of office, retail,
and residential space in Canada valued at more than $500 million. Mr.
Farhi is also majority owner of a new professional hockey team in
California, the San Francisco Bulls.
"We are impressed with MicroVision's highly regarded intellectual
property portfolio, its licensing and ingredient brand business model,
and its strong management team," Mr. Farhi said. "We believe the company
is well positioned to take advantage of the large, emerging pico
projection market because of its patented PicoP display technology and
the availability of direct green lasers."
