Benzinga | Sep 17, 2020 08:38AM EDT

ISS And Glass Lewis Recommend Approval oOf MicroVision Proxy Proposals

REDMOND, Wash., Sept. 17, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ:MVIS) announced that Institutional Shareholder Services Inc., ("ISS"), and Glass Lewis recommend that MicroVision shareholders vote to approve the Company proposals described in the Company's Proxy Statement filed August 25, 2020. ISS and Glass Lewis are leading independent proxy advisory firms relied upon by hundreds of major institutional investment firms and mutual funds.



"We are pleased that both ISS and Glass Lewis agree with the Board that a vote to increase the authorized number of shares of the Company's common stock is in the best interest of the Company as the Company continues to explore strategic alternatives, including the sale of the Company," said Sumit Sharma, Chief Executive Officer. "Every vote is important and I encourage our shareholders to support the Company by voting to approve the proposals in our Proxy Statement before the Special Meeting of Shareholders on October 8, 2020."

Detailed information about the proposals can be found in the Company's Proxy Statement. If shareholders have any questions or need assistance voting shares, they can contact the firm assisting the Company in solicitation of proxies: Saratoga Proxy Consulting LLC, at (212) 257-1311 or (888) 368-0379 or info@saratogaproxy.com