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Technology Stocks : XYBR - Xybernaut -- Ignore unavailable to you. Want to Upgrade?


To: Ted Gregg who wrote (2669)6/15/1999 2:59:00 PM
From: Jason Flora  Read Replies (1) | Respond to of 6847
 
Smart Center and Xybernaut(R) Introduce DaimlerChrysler's Smart Car with Integrated Mobile Assistant(R)
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Smart Car Gets Even Smarter

STUTTGART, Germany, June 15 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR) the leader in the wearable computer industry, and the smart Center in Stuttgart, Germany, today unveiled DaimlerChrysler's newest entry into the market for urban vehicles called "the smart" with an integrated and docked Xybernaut Mobile Assistant(R) IV (MA IV(TM)), wearable computer system. The integrated package allows an individual to use the same MA IV system as a wearable computer away from the car or docked in the car as an integrated communications center, global positioning system and computing platform.

Mr. Andreas Sperrling, Chief Consultant of the smart Center stated, "This is the first time we have been able to demonstrate an integrated approach to computing on the road. For the first time, a car owner can use his voice or Xybernaut's color touch screen to perform all of the standard office functions like dictating letters, viewing or sending email messages, getting location data and directions to his destination, or accessing his vehicle's maintenance history. Anything a customer wants to do in the way of conventional high-power computing in a standard Windows environment can now be accomplished in 'the smart' with this new feature."

Edward G. Newman, President and CEO of Xybernaut Corporation went on to say, "Anyone who needs computing and communications capabilities to do their job can now boost productivity further by using the same computer to process, capture and/or transmit data while walking or driving. Using this approach, sales people can close a sale and transmit the shipping information to a warehouse while driving to their next appointment. There is no longer a need to lug around a pen tablet or clumsy notebook that ends up taking up the passenger seat. Repair and inspections personnel can use the wearable PC to complete their task on-site, then communicate the results to headquarters on route to their next call. This is actually just the beginning of the truly intelligent vehicle that is being built around Xybernaut's products and intellectual property."

The MA IV(TM) is now available and being shipped to end users worldwide. It is a full-function Pentium 233 MHz belt-worn computer, with up to 128 MB of SDRAM, a 4.3 GB hard drive, two PC card slots, a color VGA head-mounted display suspended in front of either eye with microphone and earphone or an optional wrist-mounted VGA flat panel touch screen color display, a miniature keyboard, a battery pack, and integrated voice-recognition software. With U. S. base pricing below $5,000, wearable PCs are now attractive to those organizations seeking to take advantage of the increased productivity of wearable PCs compared with other computing platforms, and for many applications where computers have never been used before.

About smart Center and the smart:

The Smart car has been available throughout Europe since October 1998. With the city coupe "smart", DaimlerChrysler is establishing a new brand with new technology in a new market segment. "The smart" is the intelligent and forward pointing response to urban mobility requirements, to optimal use of resources, and to integrated traffic concepts. For "the smart", an entirely new distribution network for service and sales has been established: the smart Centers, which have been established in 9 countries and 110 different locations to date. More information can be obtained at smart.com

About Xybernaut Corporation:

Xybernaut Corporation is the leader in providing hardware, software and service solutions to the wearable computing industry. The Company's patented wearable computer allows 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 current customers include leading Fortune 500 companies and government organizations for many mobile knowledge delivery system applications, including installation, maintenance and repair, diagnosis, inspection, inventory control, manufacturing and data collection. Key industries using Xybernaut products include manufacturing, distribution, transportation, government, and insurance. Headquartered in Fairfax, Virginia, Xybernaut has offices and subsidiaries in Europe (Germany) and Asia (Japan).

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 and production 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.

Visit Xybernaut's Web Site at xybernaut.com

SOURCE Xybernaut Corporation

/CONTACT: Karen Thomas of Thomas Public Relations, 516-549-7575,
kthomas@thomas-pr.com, for Xybernaut; Robin Bono Director, Corporate
Communications of Xybernaut Corporation, 703-631-6925, rbono@xybernaut.com; or
Investors: Ron Stabiner of Wall Street Group, 212-888-4848,
wallstreetgroup@msn.com, for Xybernaut/

/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 114624/

/Web site: xybernaut.com