Dear RLee:
Steve Newman asked me to respond to your email.
Neither is the answer and here's why:
1. There has been a lot more attention focused on wearable PCs in general, Xybernaut in particular (see the most recent issue of Popular Mechanics for an article on our products).
2. IDS (an internationally recognized research firm) has forecasted the wearable PC market in the US alone to be over $600 million within five years with plenty of upside potential.
3. Xybernaut is the leader in wearable PCs. First to market, best product on the market, and the only firm with a solid patent portfolio of over 400 patents issued or pending worldwide covering most every aspect of wearable PCs
4. Solid customers with the potential for large scale applications (from recent press release)
Aerospace: Boeing and Lockheed Martin Telecommunications: Nippon Telegraph and Telephone (NTT), CNN, Lucent, Nortel and Ericcson Utilities: Niagara Mohawk, Florida Power and Florida Power and Light Agriculture: Dow Agro and British Oxygen Corp. Manufacturing: Callaway Golf, R.R. Donnelly, and Daimler Chrysler Computers: IBM, Hewlett Packard and Intel Universities: Carnegie Mellon, Rutgers, University of Illinois and State University of New York U.S. Government: Army, Navy, Air Force, Customs and Census Bureau
5. World-class product made by a consortium of Sony Digital Products, Hitachi, Shimadzu, NEC Moli and NEC JAE.
6. A board and management team that is committed to success. Board members include Phil Pearce, a former governor of the New York and Nasdaq stock exchanges and the co-founder of the Nasdaq system, Lt. Gen. Harry (Ed) Soyster, the retired head of the Defense Intelligence Agency, Jim Ralabate, former patent counsel for Xerox and currently Xybernaut's patent counsel, and Gov. George Allen, former governor of Virginia and current candidate for U.S. Senate.
Regards,
John Moynahan SVP & CFO
-----Original Message----- From: Richard Lee [mailto:rkylee@cchono.com] Sent: Friday, September 10, 1999 2:06 AM To: snewman@xybernaut.com Subject: Whats happening
Delisting or chapter 11 at this rate of desend. reply rlee
WE ARE AT THE BOTTOM OF THE RANGE MAKING NEW LOWS SO MUCH PANIC INVESTORS FOR WHAT ITS WORTH BELIEVE IT OR NOT THE MESSAGE FROM NEWMAN THE MAN WHO NEW THAT THIS IS GOING TO HAPPEN. |