Kevin
XYBR...news today.
Thursday January 27, 8:45 am Eastern Time
Company Press Release
SOURCE: Xybernaut Corporation
Xybernaut(R) Expands Distribution and Support To Saudi Arabia and The
Gulf Region
Initial Order Shipped for Xybernaut's Wearable PC to Pamas
FAIRFAX, Va., Jan. 27 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in wearable computing, today announced that this week it
has signed and begun fulfillment of an agreement with Pamas Trading & Contracting Est., a leading distributor of computers and electronics in Saudi Arabia and the
surrounding Gulf states. Pamas has established relationships with many regional businesses and value-added resellers (VARs) serving a wide range of local industries
including; oil and gas, aerospace, construction, security and medical. Xybernaut has already completed the initial shipment of Mobile Assistants® under this
agreement which also calls for Pamas to provide both support and service to Xybernaut's offerings in the region.
The nature of Pamas Trading & Contracting Est., Prop: Prince Abduld Rahman B.A. Aziz Al-Saud, also includes functioning as one of the largest construction
companies in the Gulf region. Xybernaut's products and services will allow Pamas and its customers to obtain the benefits of technology forward, wireless wearable
computing solutions in areas including, maintenance, inventory, field service, inspection, and data collection.
An advertising campaign and a major exhibit at Saudi Computer 2000, both beginning January 30, 2000, will kick off the joint marketing roll-out for this region. Dr.
Steven Newman, Xybernaut's vice chairman, along with several members of Xybernaut's technical staff will be traveling to Riyadh to support these efforts.
Dr. Newman stated, ''This relationship demonstrates the growing worldwide reach of Xybernaut and its products and services. The market for wearable PC's is
accelerating globally, and we continue to expand our coverage to service clients around the world.''
About Xybernaut Corporation
Xybernaut Corporation is the leading provider of wearable computing hardware, software and services. The company's patented wearable computer is a full-function
Pentium PC that runs Microsoft MS-DOS, Windows, and Windows NT, along with UNIX, Linux and other operating systems that run on the Intel x86 architecture.
The MA IV® allows users hands-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 www.xybernaut.com.
MS-DOS, Windows and Windows NT are registered trademarks of Microsoft Corporation.
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 |
