Xybernaut Receives New $510,000 Hardware Contract from Department of Defense
Monday September 15, 9:20 am ET
All Branches of the Armed Forces Now Using Xybernaut Wearable/Mobile Computing Technologies
FAIRFAX, Va.--(BUSINESS WIRE)--Sept. 15, 2003--Xybernaut® Corporation (NASADQ: XYBR) today announced it has received an additional $510,000 contract from the Department of Defense for wearable computing hardware that will be used by the Air Force, Army and National Guard for maintenance activities.
The new contract is in addition to this quarter's previously announced DOD contracts for $600,000 in hardware and $1.6 million in services. This purchase order was awarded through the Xybernaut GSA schedule - a procurement instrument used to streamline government purchases. Xybernaut expects additional DOD purchase orders to be issued in the near future.
All branches of the military are now using Xybernaut equipment and services for a variety of operations. This new order expands the use of wearable/mobile hardware technologies for maintenance operations on major equipment at multiple locations in the U.S.
Xybernaut DOD hardware solutions in this additional order include the Mobile Assistant® V (MA® V) and Atigo® computers and a variety of additional proprietary and third party hardware components.
"The continued expansion of our DOD contracts demonstrates Xybernaut's ability to deliver an integrated solution that provides software, hardware and services support," said Steven A. Newman, Xybernaut president. "We believe our ability to deliver such a comprehensive wearable/mobile computing solution will help increase the effectiveness and productivity of military maintenance personnel."
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, APR, 703-631-6925
mbinko@xybernaut.com
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Source: Xybernaut Corporation |
