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Technology Stocks : XYBR - Xybernaut

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To: Dale Baker who wrote (1179)7/13/1998 4:07:00 PM
From: Blitz  Read Replies (2) of 6847
 
+++++++++++++++++ NEWS ++++++++++++++++++++

(PR NEWSWIRE) DJ: US Computer Group Secures Strategic Agreement with Xyber
DJ: US Computer Group Secures Strategic Agreement with Xybernaut Corp.

FARMINGDALE, N.Y.--(BUSINESS WIRE)--July 13, 1998--US Computer Group Inc.
(USCG), a subsidiary of Tech Electro Industries Inc. (Nasdaq:TELE), Monday
announced that it had entered into a strategic alliance with Xybernaut Corp.
(Nasdaq:XYBR).
This agreement enables USCG to enter the wearable computing marketplace
using Xybernaut's Mobile Assistant Series of computers as well as its
voice-enabled Assist Series software products. US Computer will provide
sales and marketing as well as distribution and service support for these
products in USCG's geographical marketplaces.
By combining Xybernaut's strengths in application development and the Voice
Use Interface with US Computer's strength in market knowledge and service,
both companies hope to develop solutions to address the needs of vertical
markets.
Stephen Davies, president and chief executive officer of USCG stated that,
"USCG will use Mobile Assistants in its own internal and field operations,
and also develop Mobile Assistants solutions for its customer base. We hope
that the utilization of this productivity tool will benefit not only the
bottom line of many of our clients, but also the business of US Computer
Group itself."
He then went on to add that "US Computer believes there is potential for
significant growth in the wearable computing platform and we hope to
participate in this area from an alliance with Xybernaut."
US Computer Group is a complete systems and solutions provider serving the
New York-Philadelphia corridor. USCG has been featured on INC. Magazine's
listing of the nation's "Top 500 Fastest Growing Privately Held Companies"
list for five consecutive years and has also been honored with placement on
numerous regional "top business" lists. US Computer Group is a subsidiary of
Tech Electro Industries, a publicly held company.
Xybernaut is a leader in providing hardware, software and services solutions
to the wearable computing industry. The company is dedicated to advanced
knowledge delivery systems featuring the Mobile Assistant Series, which are
hands-free, speech-activated wearable computers.
NOTE: Xybernaut Assist Series, Mobile Assistant and Voice User Interface are
registered trademarks of Xybernaut Corp.

CONTACT: Dona Autuori, 516/969-0958
15:48 EDT JULY 13, 1998
*** end of story ***
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