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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (14865)	11/12/1999 5:05:00 PM
From: Bob	Read Replies (2) \| Respond to of 57584

XYBR RECORD REVENUES OF $2.1 MILLION FOR NINE MONTHS REPORTED BY XYBERNAUT Accelerated Market Development Expected FOR IMMEDIATE RELEASE: November 12, 1999, Fairfax, VA - Xybernaut Corporation (NASDAQ: XYBR), the leader in wearable computing, today announced revenues and net loss for the third quarter ended September 30, 1999 of $807,735 and $3,884,254, or $0.17 per share, compared with revenues and net loss for the same period in the prior year of $259,043 and $3,480,275, or $0.18 per share. Revenues and net loss for the nine months ended September 30, 1999 were $2,097,666 and $13,244,170, or $0.59 per share, compared with revenues and net loss for the same period in the prior year of $617,743 and $7,272,779, or $0.43 per share. Edward G. Newman, president and CEO of Xybernaut, commented that: "We are very pleased with the results and accomplishments since our last earnings release in August. The $2.1 million in revenues year to date provides solid momentum moving into the fourth quarter and next year. Our efforts to reduce the company's burn rate, brining it more in line with revenues began during the quarter. As a result, operating expenses for the quarter ending September 30, 1999 were down to $3.1 million, compared to $5.2 million for the previous quarter ending June 30, 1999, after adjusting for non-recurring legal charges of $0.9 million and $0.2 million, respectively. The loss per share improved from $0.18 in the third quarter last year to $0.17 in the third quarter this year, which we believe is the start of ongoing improvement in per share results. We have received a $2.8 million order from DynCorp which will begin shipping in the fourth quarter of 1999 and is expected to be completed by the end of 2000. In addition, the pace of sales is improving and we have received allowance of two very significant patents that we believe will set the foundation for an exciting new market for the convergence of computing and communication." "Perhaps most importantly, the age of the mass-market wearable PC was launched several weeks ago when IBM started running its advertisements that showed the hands-free use of a wearable PC to trade stocks and take phone calls while moving about. Our advanced discussions with IBM and others regarding potential collaboration on wearable PCs are exciting in that, if finalized, we can expect to develop this market much faster than we previously believed was possible."

To: Rande Is who wrote (14865)	11/12/1999 5:11:00 PM
From: Maarten Z	Respond to of 57584

Rande - heard when CNBC mentioned IBM/DCLK announcement on Monday - pulled up DCLK to see effect at the time and it just shot straight up. Too bad CNBC forgot to mention the rest of it - specifically that NETP was also included in this for Monday. NEW YORK, Nov 12 (Reuters) - IBM (NYSE:IBM - news), a major software developer and the No. 2 online advertiser, along with DoubleClick, which operates an online ad network, and several partners said on Friday they planned a ``major joint announcement' on Monday. Net Perceptions Inc. (NasdaqNM:NETP - news) and net.Genesis Corp., makers of online direct marketing software, and other partners were also included in a statement detailing the planned announcement on Monday in San Francisco at a Web marketing conference. The companies said they would make the announcement via a conference call during the Personalization Summit, a conference sponsored by Net Perceptions to address the role of personalization marketing. DoubleClick, which was trading 17 points higher in late afternoon trading ahead of the news advisory, added another $10 in active trading to close at 167-1/16, up 27-7/16 on the Nasdaq stock market on Friday. Net Perceptions added 5-5/8 to close at 33-7/8 on the Nasdaq. IBM ended the day at 95-7/8, up 3/4 of a point on the New York Stock Exchange. An IBM spokesman said the advisory was inadvertently released. ``This is not an announcement of some merger deal. It's just going to be an announcement to develop a Web solution for personalized marketing,' IBM spokesman Glenn Hintze said. Participating in the call will be Karl Salnoske, vice president of electronic commerce for IBM Global Services, the computer consulting arm of the world's largest computer maker. He will be joined by executives of net.Genesis, Net Perceptions and DoubleClick's Tech Solutions. Should be interesting on Monday. MZ