I think the news today is the same as this one from 2 years ago. Can someone tell me what the difference is? Isn't this special?
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FAIRFAX, Va., June 3, 1998 -- Xybernaut Corporation (Nasdaq: XYBR), a leader in wearable computers and Capella Computers Ltd. of Israel, a leader in multimedia database technology, today announced that an agreement had been completed, under which Xybernaut will jointly enhance and market Capella?s MMD toolkits for rapid application development in English, German, Chinese, Spanish, Japanese, Hebrew, Italian and Arabic. In addition, Capella will provide exclusive training and development services to Xybernaut and its clients, including the integration of several speech recognition engines, wireless communication and handwriting recognition technologies in existing and future applications.
Capella?s MMD toolkits are Windows©-based, object-oriented multimedia authoring tools ideal for rapid development of interactive electronic technical manuals ("IETMs", a term coined by Xybernaut?s founders), real-time computer-based training systems, computer-based repair and maintenance procedures, etc. Capella?s MMD has been selected by the BYTE Magazine as one of BYTE Best of Show "Must See" Products at CeBIT98, one of the largest computer shows in the world held in March 1998 in Hanover, Germany. Capella has been selected as one of five technology companies in the United Nations Flagship Technology Program.
Ady Wiernik, President Capella Computers Ltd. stated: "This agreement allows Xybernaut and its affiliates to rapidly create software applications on the Mobile Assistant© for most of the world using their own written and spoken languages. Capella?s MMD software is recognized worldwide as a leading development tool. We expect that the teaming of Xybernaut and Capella will result in broader and faster market penetration for Xybernaut hardware and software products."
Edward G. Newman, Xybernaut Corporation?s Chairman and Chief Executive Officer stated: "This agreement with Capella clearly demonstrates Xybernaut?s commitment to international placement of its products, and international support for its Value Added Resellers, Distributors and OEM-ers, all of whom should
benefit directly from the numerous applications specifically authored for our wearable platform."
Xybernaut Corporation is a leader in providing hardware, software and service solutions to the wearable computing industry. The Company?s patented wearable computer systems featurespeech-activation, flat panel and head-mounted displays that allow 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. Xybernaut?s software is designed to provide users with the right information needed for the task at hand using consistent navigation techniques and screen presentations. Xybernaut?s customers include leading
corporations and government agencies for many mobile knowledge delivery system applications, including maintenance and repair, inspection, inventory control, manufacturing and data collection.
Capella is a leading Israel-based vendor of multimedia-based electronic publishing products and tools. Capella?s patent-pending MMD product line integrates multimedia, database, and information retrieval to create a programming-less
development platform. Capella?s customers include the Israeli Aircraft Industries, Hitachi Corp., Shiseido Corp., Konami, NEC, the UN headquarters and numerous other organizations. More information about Capella can be found in www.capella-mm.com.
For more information, contact Xybernaut Corporation, 12701 Fair Lakes Circle, Suite 550, Fairfax, Virginia, 22033 phone: (703) 631-6925, fax: (703) 631-6734. Web site: xybernaut.com; company contact: Steve Newman, (703) 631-6925, Email: investrel@xybernaut.com; for automated fax releases, please call (800) 832-5522, ext. 114624
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 for, and delays in the start of, production of the next generations of the Mobile Assistant, general acceptance of the Company?s products
and technologies, competitive factors, theability to successfully complete additional financings and other risks described in the Company?s SEC reports and filings. Mobile Assistant is a registered trademark of XybernautCorporation |
