To: Jerry Olson who wrote (69688 ) 11/4/1999 12:02:00 PM From: bobby is sleepless in seattle Read Replies (1) | Respond to of 120523
XYBR...revisiting an old friend here...thoughts? opinions? IBM and Xybernaut(R) in Advanced Discussions on Wearable Computers FAIRFAX, Va., Nov. 4 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in the wearable computer industry, announced today that it was in advanced discussions with IBM on a variety of potential joint activities in wearable computing, including production, licensing, development of future generation products, marketing, sales and development of supporting technologies. ''These discussions are aimed at expanding the existing relationship between Xybernaut and IBM for speech technology and combining the patent position and know-how obtained by Xybernaut in the wearable PC arena with IBM's resources,'' said Edward G. Newman, President and CEO of Xybernaut. ''We are excited about the possibility of joining forces with IBM to rapidly develop the market for wearable computers.'' 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 WINTEL Pentium PC, with complete wireless communication capabilities. It comes packaged as a belt-worn computer, with customers' choice of memory and hard drives, two PC card slots, a color VGA head-mounted display with microphone and earphone or 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 . 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.