Rande
XYBR,,,news
Tuesday October 12, 8:31 am Eastern Time
Company Press Release
SOURCE: Donner Corporation International
Donner Corp. International Issues Speculative Buy
Recommendation On Xybernaut Corporation
SANTA ANA, Calif., Oct. 12 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member
of the National Association of Securities Dealers, CRD number 37702.
Donner Corp. International, an Investment Banking firm headquartered in Santa Ana, Calif., today issued a Speculative Buy
Recommendation on Xybernaut Corporation (Nasdaq: XYBR - news), Fairfax, Virginia, and initiated coverage. Xybernaut
holds the largest number of patents in the wearable computer industry and specializes in research, development and sales of
wearable computer systems.
The Donner report said Xybernaut has targeted a multi-billion dollar market, with total revenues from the portable computer
market expected to top $23 billion in the year 2000.
''Xybernaut boasts an impressive list of strategic partners and clientele, including IBM, Sony Digital Products,
Hewlett-Packard, Fujitsu, Texas Instruments, DynCorp, Hitachi, Lucent and other blue-chip multinational businesses,'' the
Donner report said. ''Systems have been sold to strategic worldwide customers in targeted industries including aerospace,
telecommunications, utilities, agriculture, manufacturing, universities and the U.S. government.''
''By using Xybernaut's patented wearable computers, workers on the front lines of industrial facilities, or in the midst of
non-stop tasks, can have the same functionality and connectivity as workers sitting at a desktop PC,'' the Donner report said.
''Xybernaut technology is defining wearable computer functions, features and connectivity standards.''
The Donner report said that ''with more than 25 patents issued or pending in the U.S., and more than 400 applications granted
or pending in 25 countries, Xybernaut holds an extremely strong intellectual property position and an established track record
for product improvement.''
''We believe that Xybernaut's stock is undervalued considering the expanding and projected market demand for wearable
computers, the numerous patents the Company holds on related technologies, the cutting-edge products that Xybernaut has on
the market and the strategic alliances that will help it to expand its marketing focus,'' the Donner report said.
Copies of the Donner report on Xybernaut are available at 1-800-324-6050.
(The information contained herein is based on sources believed to be reliable but is not guaranteed by this Company and is not
comprehensive. It is not to be construed as an offer or the solicitation of an offer to sell or buy securities mentioned herein. The
Company, its members, affiliates and employees may have long or short positions, which could be substantial, in securities
discussed or recommended and may purchase, sell, or trade these securities from time to time in the open market or otherwise.
In addition, this Company may from time to time perform investment banking, corporate finance, provide services for, and
solicit investment banking, corporate finance, or other business from the issuers of such securities.)
SOURCE: Donner Corporation International |
