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Technology Stocks : XYBR - Xybernaut

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To: StockDung who wrote (5691)8/5/2003 9:26:09 AM
From: Roy F  Read Replies (6) of 6847
 
Xybernaut Delivers Mobile/Wearable Computing Technologies to U.S. Armed Forces

Tuesday August 5, 9:09 am ET

Company's MA V and Atigo Products to Support 'Active-Duty' Maintenance Activities

FAIRFAX, Va.--(BUSINESS WIRE)--Aug. 5, 2003--Xybernaut® Corporation (NASDAQ:XYBR - News) today announced a recent hardware deployment totaling approximately $600,000 related to wearable computing programs within the United States Armed Forces.
Under the deployment, teams of military technicians will utilize the mobile/wearable computing equipment for a variety of inspection, maintenance and repair functions related to military equipment currently on "active-duty."

"This initial armed forces deployment is a considerable momentum-builder for the Company and reinforces our prior positive expectations," stated Steven A. Newman, president of Xybernaut. "We anticipate additional shipments as well as service revenue based on our ongoing programs within the U. S. Department of Defense. Our goal with this project is to provide an integrated solution that will increase the effectiveness and productivity of today's armed forces maintenance personnel."

Xybernaut Mobile Assistant® V (MA® V) wearable computers form the foundation of the mobile/wearable maintenance platform. The MA V is a PC-equivalent wearable computer. The standard MA V unit features a "daylight readable" full-SVGA display, support for voice recognition, an Intel® Mobile Celeron® processor with SDRAM memory, internal hard disk drive (HDD), as well as PCMCIA, Compact Flash, multiple USB and Firewire peripheral ports. The devices also utilize hot-swappable lithium-ion batteries for long-term use in the field.

Atigo is based on Xybernaut intellectual property related to a dual-purpose computing device. Designed for dual use as a wireless flat panel display (FPD) or a stand-alone Web-enabled thin-client computer, Atigo provides a unique alternative to PDAs and Tablet PCs. Both Atigo capabilities will be used as part of this military maintenance deployment.

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, 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® V (MA® V) 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.

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Contact:
Xybernaut Corporation
Michael Binko, 703-631-6925
mbinko@xybernaut.com

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Source: Xybernaut Corporation
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