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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: puborectalis who wrote (49090)12/21/1999 4:56:00 PM
From: puborectalis  Read Replies (1) of 108040
 
XYBR.........
Tuesday December 21, 8:40 am Eastern Time
Company Press Release
SOURCE: Xybernaut Corporation
Xybernaut(R) Strengthens Management Team
William H. Tauskey Joins as Executive Vice President and General Manager and Sees Explosive Growth Prospects for Xybernaut
FAIRFAX, Va., Dec. 21 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in wearable computing, today announced that William H. Tauskey has joined Xybernaut as executive vice president and general manager, reporting to Edward G. Newman, president and CEO. In this newly-created position, Mr. Tauskey will be responsible for sales, marketing, business development, product management, and professional services.

Mr. Tauskey joins Xybernaut from ON Channel Inc., an industry leader in providing embedded Linux operating system software and applications to OEMs and solution providers, where he was president and CEO. With over 25 years of industry experience, including over a decade at IBM, he has played key roles with companies at the forefront of technological change, such as VisiCorp, Quantum and Communication Intelligence Corporation. In addition, at Palyn Gould he was instrumental in developing strategies and marketing plans for Fortune 100 clients, including IBM and AT&T, which resulted in multi-fold increases in revenues for key emerging technologies. Mr. Tauskey received a Bachelor of Science from Virginia Military Institute and a Master of Science from Texas A&M University.

Edward G. Newman, Xybernaut's president and CEO commented, ``We are delighted to add Bill to our management team and take advantage of his extensive experience in rapidly growing technology companies. Industry attention has been focused on wearable PCs because of the commitment to Xybernaut's technology from some of the world's largest computer and electronics firms and by the growing exposure of this mobile computing solution on television and in industry groups, trade shows and the press. We expect that this focus will result in the entry of wearable PCs in mainstream markets during the coming year. Bill will play a vital role in refining and implementing our strategies to successfully capture these markets.'

Mr. Tauskey added, ``I feel that the benefits of Xybernaut's products will change the way a good deal of the world works by combining the PC, cell phone and the internet, in a form factor that provides users with complete mobility. Xybernaut's products connect an individual to the world of digital information and provide a single solution that allows for productivity improvements and cost savings to be realized by the 'other half' of the workforce that does not currently have ready access to their organization's information technology. This is a company, a management team and a market whose time has come. Based on current deployment programs of leading companies in key industry sectors, we have excellent near-term opportunities to expand and accelerate adoption of Xybernaut's products and services. I could not be more excited about helping Xybernaut take advantage of these opportunities and strengthening its position as the leader in a market with explosive growth prospects.'
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