A little bit of news:
Xybernaut Corporation (Nasdaq) Names Former Virginia Governor
George Allen to Board of Directors
PR Newswire - August 11, 1998 12:47
FAIRFAX, Va., Aug. 11 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR), a world leader in the development of wearable computers, announced today former Virginia Governor George F. Allen has accepted a position on its board of directors.
Edward G. Newman, Xybernaut Corporation's Chairman and President said, "We welcome Governor Allen to the Xybernaut(R) team. He quarterbacked Virginia as it climbed the top ten list of high technology states. Now he will be in Xybernaut's huddle, as we kick off our latest product, the MA-IV."
The MA-IV, to be manufactured by Sony Digital Products, is Xybernaut's newest wearable computer product. It features a hands-free, body-worn and voice activated 233-266MHz Pentium(R) MMX processor, and a head mounted video display in full color which is viewed through an eyepiece producing an image comparable to a 15" monitor at a distance of two feet. The MA-IV has up to 128 MB of RAM, a 4 GB hard drive and dual PCMIA slots.
Allen, a Republican, gained international recognition for economic development and job creation during his term as governor. His efforts resulted in a record $14 billion in new investments and 312,000 private sector jobs. The location of several semiconductor fabrication plants and high technology firms in Virginia during Allen's tenure resulted in the State being dubbed "The Silicon Dominion."
"During my service as Governor, I had the invigorating pleasure of working with Xybernaut on our European Trade Mission. It is a wonderful honor to be named to the board of Xybernaut which is a dynamic and innovative company revolutionizing the tremendous utilization capabilities of voice activated computers," said Allen. "The pioneering hard work and entrepreneurial spirit of Xybernaut's visionary leadership and creative associates have made it a true Virginia success story that will continue to expand. Xybernaut is now known as the premier creator of wearable computers. Clearly, this is not science fiction -- the future is here now!"
Xybernaut Corporation is a leader in providing hardware, software and service solutions to the wearable computing industry. The Company's patented wearable computer systems feature speech-activation, flat panel 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 on an as-needed, where-needed basis. Xybernaut's software is designed to provide users with the right information needed for the task at hand using consistent navigation techniques and screen presentations. Xybernaut's customers include leading corporations and government agencies for many mobile knowledge delivery system applications, including maintenance and repair, inspection, inventory control, manufacturing and data collection.
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 of the 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.
SOURCE Xybernaut Corporation
/CONTACT: Steven A. Newman, Vice Chairman of Xybernaut Corporation,
703-631-6925/
(XYBR) |
