CNBC'S 'THE EDGE' SPOTLIGHTS XYBERNAUT(R)'S LEADING ROLE IN THE WEARABLE COMPUTING INDUSTRY GE POWER SYSTEMS DISCUSSES HOW IT'S Harnessing Wearable Technology to Increase Efficiencies in Field Service Delivery
FAIRFAX, Va., Mar 21, 2000 /PRNewswire via COMTEX/ -- Xybernaut
Corporation (Nasdaq: XYBR), the leader in wearable computing and mobile
convergence solutions with numerous Fortune 500 customers, announced
today that its wearable computing solution will be featured on CNBC's
"The Edge," which will air at 6 p.m. EST this evening.
"The Edge" is a daily segment that "works to give investors a
competitive 'edge' by tracking emerging trends in business and the
financial markets. It delves into new cutting 'edge' products and
technologies."
The segment includes interviews with Xybernaut's senior vice president
and CFO, John Moynahan, and key representatives of GE Power Systems. It
also includes an on-site look at Xybernaut's Mobile Assistant(R) IV (MA
IV(R)) wearable PC in action at GE's turbine manufacturing plant. In
addition, GE is currently using the MA IV in the thermographic
inspection of rubber rolls in an industrial setting.
Kotesh Rao, program manager at GE Power Systems, said, "Wearable
computing will allow us to streamline the very precise procedures
required in the maintenance and inspection processes for service
delivery for our turbines and generators. GE is committed to using
advanced technology to continuously drive productivity and enable our
customers to minimize downtime. Xybernaut's solution falls in line with
this philosophy."
"The fact that CNBC has selected Xybernaut's hands-free computing
solution for a segment on how a Fortune 100 company is saving time and
money using wearable computers reinforces Wall Street's recent
enthusiasm for our market leadership in hands-free computing," stated
Edward Newman, president and CEO of Xybernaut. Xybernaut has always led
this market, with 25% of Fortune 100 customers, 470 granted and pending
patent applications worldwide and the most advanced products."
About Xybernaut Corporation Xybernaut Corporation is the leading
provider of mobile convergence solutions, and wearable computing
hardware, software and services. The company's patented wearable
computer, called the Mobile Assistant IV(R) (MA IV(R)), is a
full-function Pentium PC that runs Microsoft MS-DOS, Windows, and
Windows NT, along with UNIX, Linux and other operating systems that run
on the Intel x86 architecture. The MA IV allows users hands-free access
to information in the computer's internal storage, in local area
networks and on the Internet on an as-needed, where-needed basis. With
the MA IV, customers realize immediate savings in maintenance and
repair, diagnosis, inspection, inventory control and data collection
procedures. Key industries using Xybernaut's products include
manufacturing, distribution, transportation, government, and utilities.
Headquartered in Fairfax, Virginia, Xybernaut has offices and
subsidiaries in Europe (Germany) and Asia (Japan). Visit Xybernaut's
web site at xybernaut.com.
MS-DOS, Windows and Windows NT are registered trademarks of Microsoft
Corporation.
This press release contains forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995 (the
"Act"). In particular, when used in the preceding discussion, the words
"plan," "confident that," "believe," "expect," or "intend to," and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Act and are
subject to the safe harbor created by the Act. Such statements are
subject to certain risks and uncertainties and actual results could
differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited
to, market conditions, the availability of components and production of
the Mobile Assistant, general acceptance of the Company's products and
technologies, competitive factors, the ability to successfully complete
additional financing and other risks described in the Company's SEC
reports and filings.
SOURCE Xybernaut Corporation
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Robin Bono, Director of Corp Comm of rbono@xybernaut.com,
703-631-6925; agency - Chad Hill of Hill Communications,
925-945-7910,
hillcomm@earthlink.net; or investors - Ron Stabiner of The
Wall Street Group,
212-888-4848, rstabiner@thewallstreetgroup.com, for Xybernaut
/Company News On-Call:
prnewswire.com or fax,
800-758-5804, ext. 114624
WEB PAGE: www.xybernaut.com
|
