Sony Digital Products President Finalizes Deal to Manufacture Xybernaut's(R) Mobile Assistant IV(R) Wearable Computer
PR Newswire - May 13, 1998 15:36
FAIRFAX, Va., May 13 /PRNewswire/ -- The President of Sony Digital Products, Inc., Yasuo Ono, traveled to Fairfax today to finalize the manufacturing agreement with Xybernaut(R) Corporation (Nasdaq: XYBR).
Sony Digital Products, Inc. will manufacture Xybernaut's Mobile Assistant(R) IV. Manufacturing is expected to begin later this summer. "Sony Digital Products, Inc. believes Xybernaut's wearable computer will have a huge impact on business around the world," said Yasuo Ono. "Worker productivity in many industries -- airline, manufacturing, and medical to name a few -- will increase tremendously."
The MA IV is based on Intel's Pentium(R) 233 MMX mobile processor known as the "Tillamock," which includes a high -capacity internal hard drive. The 233 MHz processor used in the MA IV is the first Intel processor built using an advanced 0.25 micron fabrication process that allows for a smaller size, significantly lower power consumption and a longer battery life.
Edward G. Newman, president of Xybernaut Corporation, stated, "We believe that the MA IV will be the leading wearable computer on the market; with its docking and communication capabilities, you can use it on your desk top and then take it into the field. Our new relationship with Sony Digital Products is the next step toward our goal of positioning Xybernaut as the worldwide leader in wearable computers."
Xybernaut develops integrated solutions for information capture, processing, retrieval and display. Its primary product is a patented wearable computer system featuring speech activation 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.
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 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, the ability to successfully complete additional financings, and other risks described in the Company's SEC reports and filings.
|
