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Technology Stocks : XYBR - Xybernaut -- Ignore unavailable to you. Want to Upgrade?

To: Roy F who wrote (4600)	11/9/2001 8:28:14 AM
From: Roy F	Read Replies (1) \| Respond to of 6847

Xybernaut Announces Executive Appointment for Japan Subsidiary; Former Sony/Hitachi Executive Appointed as President and CEO of Xybernaut KK November 09, 2001 08:02:00 AM ET FAIRFAX, Va.--(BUSINESS WIRE)--Nov. 9, 2001--Xybernaut Corporation XYBR, the leader in mobile and wearable computing technologies, today announced the appointment of Michio Yamamura as president and CEO of Xybernaut KK (Xybernaut's wholly owned subsidiary based in Japan). Yamamura reports to Edward G. Newman, Xybernaut chairman, president and CEO. Yamamura will be responsible for expanding Xybernaut's mobile and wearable technologies and solutions in key Asian and Pacific Rim markets. A seasoned international business leader, Yamamura had been serving as vice president with Xybernaut since joining the company in October 2000. As president and CEO of Xybernaut KK, Yamamura will concentrate primarily on partnerships, business development, strategic product planning and day-to-day business operations throughout the region. Previously, Yamamura served as general manager for Sony Corporation from 1982 until 2000. While with Sony, Yamamura was instrumental in establishing Sony's leadership in many critical technology areas including CCD/LCD displays, 8mm video cameras and HDVS video cameras. Yamamura led business management and planning for several of Sony's most critical international businesses including management of more than one billion dollars of annual revenue. "Michio's experience in building and managing international information technology businesses complements Xybernaut's expansion strategies for Asia and the Pacific Rim," said Newman. "His proven success in growing profitable sales, marketing and technology service organizations will enable Xybernaut to supply Asian business and consumer customers with mobile and wearable computing solutions as these technologies continue to become critical components of enterprise and personal communication strategies." Prior to his tenure with Sony Corporation, Yamamura led semiconductor development at Hitachi Corporation's Microcomputer Engineering subsidiary based in Tokyo, Japan. He also led engineering efforts related to many critical computing technologies at Hitachi's Central Research Laboratory securing patents for many of these developments. Yamamura holds a Masters Degree in Materials Science from Kyushu University and a Bachelors Degree in Physics from Yamaguchi University. Xybernaut began its Asian operations in 1999 with the formation of its wholly owned subsidiary in Japan. Subsequently, Xybernaut GmbH was formed in 1998 to expand the company's network throughout the Europe, Africa and the Middle East. About Xybernaut Corporation Xybernaut Corporation is the leading provider of wearable/mobile computing hardware, software and services, bringing communications and full-function computing power in a hands-free design to people when and where they need it. Headquartered in Fairfax, Virginia, Xybernaut has offices and subsidiaries in Europe (Germany) and Asia (Japan). Visit Xybernaut's Web site at www.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," "scheduled," "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 successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. Contact Information: Xybernaut Corporation Michael Binko, 703/654-3637 mbinko@xybernaut.com or Sheryl Frye, 703/654-3637 sfrye@xybernaut.com