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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/19/2001 9:29:42 AM
From: Dave Gore   of 37746
 
(COMTEX) B: Xybernaut Makes Initial Wearable Computer Shipment to U.S
B: Xybernaut Makes Initial Wearable Computer Shipment to U.S. Navy and National
Guard; Shipments Made Under Line Item of 2001 Defense Appropriations Bill

FAIRFAX, Va., Apr 19, 2001 (BUSINESS WIRE) -- Xybernaut Corporation
(NASDAQ:XYBR), the leader in wearable computing and communications solutions,
today announced that it had completed an initial shipment of wearable computers
to the U.S. Navy and National Guard to support feasibility studies targeted at
reducing repair time for selected aircraft and weapons systems by providing
hands-free reference material and the ability to teleconference with remote
experts.

This shipment is made under a line item in the Fiscal Year 2001 Defense
Appropriations Bill, under which Xybernaut's services and Xybernaut MA(R)
wearable computers are available to the U.S. Navy, Army, Air Force, Marines and
National Guard.

"In today's environment, it's important that we look for creative ways to
provide the best support to our fleet sailors operating vital defense/weapons
systems," stated Phil Mhoon, Customer Advocate for Naval Air (NAVAIR) and
Anti-Submarine Warfare (ASW) Systems, Naval Undersea Warfare Center (NUWC)
Division, Keyport, Washington. "Our Remote Tactical Assistance System (RTAS)
operating in support of current weapon systems and in conjunction with the
Navy's Distance Support Initiative, will allow our sailors to receive expert
technical assistance from remote sites."

"Wearable technology, in conjunction with RTAS, could play a great role in
improving proficiency of our warfighters, with the ultimate goal of decreasing
down time of weapons systems and improving combat readiness. We look forward to
working with the Xybernaut team throughout the course of the study," stated
Mhoon.

"We have been working on wearable computing solutions for the Department of
Defense for many years," stated Edward G. Newman, Xybernaut Chairman and CEO.
"This initial shipment is valued at approximately $0.5 million and we believe
that it marks the start of a broader implementation of our wearable computers in
the U.S. military."

The statement offered by Mr. Mhoon does not constitute an endorsement or express
an opinion of approval or disapproval of any commercial product or process.
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