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Company Press Release
SOURCE: Xybernaut Corporation
Xybernaut(R) Establishes Distributor Relationship with WAV, Inc. for MA IV(TM) Wearable Computer
FAIRFAX, Va., Sept. 30 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in wearable computing, announced today that it has entered into a distributor relationship with WAV, Incorporated for Xybernaut's Mobile Assistant® IV (MA IV(TM)) wearable PC. WAV is a leading nationwide value added distributor of data capture and 802.11 wireless hardware, serving Fortune 500 companies through a nationwide customer base of more than 150 established value added resellers (VARs).
Edward G. Newman, chairman and CEO of Xybernaut, stated, ''The WAV partnership provides Xybernaut and its customers with an established stocking distributor of leading wireless 802.11 LAN products and services to provide the untethered use of the wearable PC within the wireless local area networks from such well-known manufacturers as Aironet, Lucent Technologies, Symbol Technologies, and Telxon Corporation. WAV will also provide fulfillment and support services for our MA IV wearable PC to VARs that typically market to Fortune 500 companies. Furthermore, our partnership with WAV will directly introduce the MA IV to established VARs in the $2 billion automatic identification industry through WAV's existing mobile data capture product distribution channel.''
Norm Dumbroff, president of WAV, said, ''Xybernaut's wearable MA IV expands our market opportunities by adding WINTEL functionality in a true hands-free mobile computing device to WAV's product line of established handhelds, pen tablets and fork lift mounted devices from such manufacturers as Telxon Corporation and Symbol Technologies.
''Wearables, or more specifically, WINTEL functionality in a hands-free computing platform has been sought by VARs in the automatic identification industry for some time, for those business processes that require workers to have the use of their hands while still accessing or entering data. The Xybernaut MA IV is the first wearable PC that meets this requirement. Most VARs have one or more prospective customers for whom they have developed solutions around WINTEL functionality in a pen tablet device only to find that the mobile worker considers the pen tablet difficult to use due to it's size and weight, and they need to use their hands to operate it,'' added Mr. Dumbroff.
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 users' choice of memory and hard drives, two PC card slots, a color VGA head-mounted display 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 WAV, Incorporated:
Since 1991, WAV (formerly POS) has been a nationally recognized leader in delivering industrial data-capturing and wireless hardware. Through world-class hardware distribution and expert support, WAV is setting new standards for delivering smart, cost-effective hardware packages.
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
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