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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: elcasmirb who wrote (105266)5/16/2002 1:09:29 PM
From: Jim Bishop  Read Replies (1) of 150070
 
XYBR Xybernaut and IBM Supply Wearable Computer Solutions for Airline Industry Xybernaut Mobile Assistant V Computers Continue to Gain Momentum in "Queue-Busting" Applications and Related Customer Services

FAIRFAX, Va.--(BUSINESS WIRE)--May 16, 2002-- Xybernaut Corporation (NASDAQ:XYBR - News) today announced that Xybernaut® wearable computers and software solutions for "queue-busting" (reducing long lines), registration, ticketing and other customer services have been developed jointly with IBM (NYSE:IBM - News) for airline carrier customers -- including the previously announced Mobile Kiosk Program.

Xybernaut solutions are initially being integrated as part of a Mobile Kiosk Program that represents one of the first jointly developed solutions resulting from a reseller agreement completed by IBM and Xybernaut last year.

As part of the program, airline customer service representatives utilize Xybernuat Mobile Assistant® V (MA V) wearable computers as the basis for a wireless/mobile check-in and ticketing system to augment existing registration desks.

The solution consists of a Xybernaut MA V wearable computing system, manufactured for Xybernaut by IBM, an integrated light-weight flat panel display (FPD) with touch screen capabilities and support for body-worn credit card readers and printers. The system provides a ticketing agent with the same functionality as if he or she was behind one of the fixed location counter terminals.

Given the wearable nature of this solution, additional agents can be sent to handle and support extensive crowds when, for example, flights are rescheduled or delayed.

Xybernaut has been developing queue-busting applications in conjunction with airlines, hotels, retail stores and fast-food restaurants for several years.

"We believe that queue-busting is one of the `killer applications' for wearable computing, much the same as word processing, spreadsheets and databases were the killer applications for the introduction and success of the PC," stated Edward G. Newman, chairman president and CEO for Xybernaut.

"We are encouraged to see our wearable/wireless platform continue to gain momentum within the airline industry, a key vertical industry sector for Xybernaut. Today, large enterprises are looking for ways to leverage existing investments in computing and communications. Measurable returns on these investments are becoming a critical benchmark for enterprise productivity," added Newman.

About Xybernaut

Xybernaut Corporation is the leading provider of wearable/mobile computing hardware, software and services, bringing communications and full-function computing power in a hands-free design to people when and where they need it. Headquartered in Fairfax, Virginia (U.S.), Xybernaut has offices and subsidiaries in Europe (Germany) and Asia (Japan). Visit Xybernaut's web site at www.xybernaut.com.

Xybernaut, the Xybernaut logo and Mobile Assistant are trademarks or registered trademarks of Xybernaut Corporation in the USA and other countries. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.

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," "scheduled," "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 successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

Third party statements contained herein and information contained on any third party website are not endorsed by or adopted by Xybernaut, nor has their accuracy been verified by Xybernaut.

--------------------------------------------------------------------------------
Contact:

Xybernaut Corporation, Fairfax
Michael Binko, APR, 703/631-6925
mbinko@xybernaut.com
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