Xybernaut Receives Add-on Contracts from State Departments of Transportation for Program and Project Management
Tuesday September 2, 9:11 am ET
Scalable-Replicable Solution Now Used to Increase Efficiency, Accuracy and Knowledge Management in Ten States
FAIRFAX, Va.--(BUSINESS WIRE)--Sept. 2, 2003-- Xybernaut® Corporation (Nasdaq: XYBR - News) today announced that its 2003 add-on contracts related to the Company's Program and Project Management Solution (PPMS) service-based software have now exceeded $1 million. These contract additions were to already existing Xybernaut contracts with the various states.
Refined over nearly ten years, Xybernaut PPMS solutions are currently used by a growing number of U.S. states, primarily by their Departments of Transportation (DOTs), as well as by Transportation Authorities. Most of these organizations require detailed tracking for various initiatives ranging from standard resource management to more complex capital improvement programs.
PPMS is a fully integrated program, project and task management system designed by Xybernaut while servicing several state DOTs. Xybernaut PPMS is a combination of commercial-off-the-shelf (COTS) software and unique modeling applications. The modeling aspect of PPMS includes the ability to perform "what if" analysis for various types of activities. This type of detailed modeling contributes to greater overall success by helping decision makers make more accurate choices when planning and coordinating complex tasks.
"Our goal is to continue leveraging our experience to expand PPMS within existing customer deployments and extend the solution into new accounts as well," stated Steven A. Newman, president of Xybernaut. "For nearly 10 years, the Xybernaut Solutions team has continuously worked closely with many state DOTs to build and refine our PPMS applications. While this community of users continues to grow, we also believe that the PPMS concept and solutions holds considerable benefits for other government sectors as well in commercial enterprise project management."
"Scalable and replicable solutions are a key component of our push for sustainable revenue growth while at the same time helping our clients derive value, based upon our experience, from the products and services that we provide," added Newman.
For more detailed PPMS information, please contact Xybernaut Solutions at 703-631-6925.
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. Product photos are also available directly from Xybernaut.
Xybernaut, the Xybernaut logo, Atigo(tm) 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.
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Contact:
Xybernaut Corporation
Michael Binko, 703-631-6925
mbinko@xybernaut.com |
