To: Proton who wrote (18848 ) 1/18/2000 11:28:00 AM From: BANCHEE Respond to of 57584
Proton... Some more coverage.....01/18 10:41 Donner Corp. International Announces Investment Opinion on Xbernaut Corp. SANTA ANA, Calif., Jan 18, 2000 (BUSINESS WIRE) -- Donner Corp. International Upgrades to Buy Recommendation On Xybernaut Corporation 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 upgraded its October 12, 1999 Speculative Buy Recommendation on Xybernaut Corporation (NASDAQ: XYBR), Fairfax, Virginia, to a Buy Recommendation. Xybernaut holds the largest number of patents in the wearable computer industry and specializes in research, development and sales of wearable computer systems. Donner said the upgrade is based on a number of recent, positive announcements by the Company, including: -- Announcement of record revenues of $2.1 million for the nine months ended September 30, 1999. Even though the Company is still operating at a loss, its marketing development is accelerating strongly. -- Strengthening its sales, marketing and business development units by appointing an executive vice president and general manager with significant experience with companies at the forefront of technological change, including IBM (NYSE: IBM). -- Receiving orders from a division of Bridgestone/Firestone, Inc., from Israel, after months of rigorous testing of its products in that nation, and having Ford Motor Company (NYSE: F) use Xybernaut products to stream video to their web site from the floor of the International Auto Show in Detroit, Michigan. -- Winning the coveted Grand Prize for Best PC Product at the show at the major COMDEX Japan show. Xybernaut beat out more than 100 other candidates for its future-forward technology and its outstanding product design. -- Telling its annual meeting that half of the U.S. workforce, and 137 million people worldwide, do not work at a fixed location and are candidates to use the Company's portable computers. "We believe that Xybernaut is in the forefront of the new generation of wireless computers that could take significant market share from traditional desktop and notebook personal computers," Donner said. "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." 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.) Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Donner Corp., Santa Ana Jeff Baclet, 800/324-6050 WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: INVESTMENT OPINION Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Information provided by DTN.IQ...