Kevin
XYBR has some good news today.....
Tuesday September 14, 10:00 am Eastern Time
Company Press Release
SOURCE: Xybernaut Corporation
Rutgers University Purchases Wearable Computers
and Joins Xybernaut(R)'s University Program
FAIRFAX, Va., Sept. 14 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in wearable
computing, announced today that Rutgers University has purchased additional units of the Mobile Assistant® IV (MA IV(TM))
systems and has joined its recently announced University Program, furthering research into the development and use of
wearable computers. Xybernaut has also become a member of the Industrial Advisory Board for Rutgers' Center for Advanced
Information Processing (CAIP), joining such well-known companies as IBM, Lucent Technologies, Sun Microsystems, and
CISCO. As a member, Xybernaut will play an active role in participating in research into the application of wearable computing
technology to create solutions for industrial problems.
Edward G. Newman, Xybernaut's Chairman and Chief Executive Officer, said, ''Xybernaut is very pleased to include Rutgers
in our University Program and to receive their additional orders. We have worked with staff and faculty members of Rutgers
before on an academic level, including having them speak at our Users Group Conference this past May. While the program is
open to all universities, Rutgers is a particularly good fit. CAIP is specifically dedicated to computer systems applications
research and emphasizes the importance of industry-university interactions. We are excited to work with Rutgers to jointly
explore innovative industrial applications for wearable computers. The inclusion of such a well-respected university as Rutgers
into our University Program should encourage other schools to look into this progressive initiative.''
Edward J. Devinney, Jr., Ph.D., Senior Associate Director of CAIP, said, ''Incorporating Xybernaut's Mobile Assistant IV into
the research at CAIP has helped us further our studies in a number of key areas, including collaborative efforts between remote
users, the extension of our DISCIPLE (Distributed Systems for Collaborative Information Processing and Learning) network
vehicle to a wearable platform, and the investigation of wearable computers using multimodal collaboration across both wired
and wireless networks. We selected the MA IV for both work and teaching, because we needed the most advanced wearable
computer available to augment our research. We had used the Mobile Assistant previously and were impressed with the
capabilities.''
Xybernaut began developing their University Program only months ago and has already signed up more than a dozen colleges
and universities worldwide, including California Polytechnical Institute, Virginia Tech, Georgia Tech, KEIO University (Japan),
and Bremmen University (Germany). The program is open to universities at all levels of involvement with wearable
computers-those that are exploring, intending to adopt, or have already integrated wearables into their curriculum.
Dr. Joseph Ben-Dak, who has had a distinguished career in the global transfer and licensing of technology and science, will
chair a newly created Response Group at Xybernaut, a team of experts within Xybernaut who will work with CAIP to help
bring to market product ideas that result from their research. In addition, Dr. Ben-Dak will serve on CAIP's Industrial Advisory
Board for Xybernaut and will head Xybernaut's University Program. The primary areas Xybernaut and CAIP believe will be
impacted with the MA IV include assistive technologies for the disabled, complex maintenance, and personal and group
distance learning, and personal entertainment.
Xybernaut's wearable computer, the Mobile Assistant® IV (MA IV(TM)) is being shipped worldwide. This full-function
productivity tool features all the benefits of a powerful Pentium PC, with complete wireless communication capabilities. It comes
packaged as a belt-worn computer, with up to 192 MB of SDRAM, a 6.1 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.
About Xybernaut Corporation:
Xybernaut Corporation is the leading provider of wearable computing hardware, software and services. The company's
patented wearable computers allow users hands-free, feet-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 when and where it's needed, using consistent navigation techniques and screen presentations. With the
MA IV, customers realize immediate savings in maintenance and repair, diagnosis, inspection, inventory control and data
collection procedures. Key industries using Xybernaut's products include manufacturing, distribution, transportation,
government, and utilities. Headquartered in Fairfax, Virginia, Xybernaut has offices and subsidiaries in Europe (Germany) and
Asia (Japan). Visit Xybernaut's web site at xybernaut.com.
About Rutgers CAIP:
Rutgers' CAIP is an advanced technology center established in early 1985 and jointly supported by the New Jersey
Commission on Science and Technology, Rutgers University, and industry partners. The goal of CAIP is foster
computer-focused research in selected areas, providing a unique environment which combines research and education in
fundamental disciplines of importance to future industrial development.
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.
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