Ivano
Now we know why XYBR moved up yesterday.....
News today on deal to sell through catolog...
Thursday September 23, 8:30 am Eastern Time
Company Press Release
SOURCE: Xybernaut Corporation
Xybernaut(R) Signs Sales Agreement with
Hammacher Schlemmer
Landmark Catalog/Retailer to Feature the Mobile Assistant(R) IV Wearable Computer
FAIRFAX, Va., Sept. 23 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in wearable
computing, announced today that it has finalized an agreement with Hammacher Schlemmer & Co., for the sale and marketing
of Xybernaut's Mobile Assistant IV (MA IV(TM)) wearable computer. Hammacher will feature the MA IV in the November
issue of its 1999 Holiday Catalog. The MA IV will also be featured in all three of Hammacher's retail stores -- New York,
Beverly Hills and Chicago -- and will be prominently featured in their window displays.
Edward G. Newman, president and CEO of Xybernaut Corporation, stated, ''In addition to our current business-to-business
customers, the MA IV also appeals to consumers who are early adopters of technology, and this is precisely who Hammacher
targets. Hammacher Schlemmer is a 'world-renowned' retailer/cataloger and placement in it's catalog gives Xybernaut the
opportunity to reach millions of Hammacher's customers. This is an important milestone in Xybernaut's drive to make its
products generally available at the consumer level.''
Stated Bill Booth, president of Hammacher Schlemmer & Co., ''The MA IV fits perfectly with Hammacher's philosophy of
offering our customers 'the best, the only, and the unexpected.' Established in 1848, the company has served as more than just a
retailer of fine products -- it has served as a window to the future: the pop-up toaster, the portable radio, the electric razor, the
microwave oven, even the first U.S. flat panel television -- all were first introduced by Hammacher Schlemmer, long before the
average consumer conceived of these eventual daily necessities. Xybernaut's wearable computer is the natural evolution to our
visionary product offering.''
Xybernaut's wearable computer, the Mobile Assistant IV (MA IV) is being shipped worldwide. This full-function productivity
tool features all the benefits of a powerful WINTEL, Pentium PC, with complete wireless communication capabilities.
Hammacher Schlemmer will offer it packaged as a belt- or vest-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 with microphone and earphone, 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 Hammacher Schlemmer:
Hammacher Schlemmer is the country's longest continuously published catalog. The company has been long famous as the store
that introduces innovative, functional, one-of-a-kind items to American consumers, many of which, like the pop-up-toaster and
cordless phone, have changed the way America lives. Visit Hammacher Schlemmer at hammacher.com.
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.
SOURCE: Xybernaut Corporation |
