Xybernaut Expands Licensing Policy for Mobile and Wearable Computing
Xybernaut Intellectual Property Complements Technologies and Solutions from Industry Leaders
FAIRFAX, Va.--(BUSINESS WIRE)--Nov. 13, 2001--Xybernaut® Corporation (NASDAQ: XYBR - news), which pioneered mobile computing nearly a decade ago today announced that it is intensifying the licensing of its intellectual property.
Xybernaut currently has more than 700 granted or pending patent applications worldwide on mobile/wearable and related computing technologies
The decision by Xybernaut to offer its industry-leading wearable computing solutions to more companies is a result of industry developments that have seen leading corporations taking steps to move toward more rapid deployment of hands-free computing, as well as computer industry suppliers offering voice-ready operating systems and imbedded speech solutions.
``Our broad array of patents, software and know-how forms the foundation upon which Xybernaut has successfully designed and developed its own products and negotiated win-win agreements with licensees in many technology and industry categories,'' stated Edward G. Newman, chairman, president and CEO of Xybernaut. ``As such, Xybernaut and its intellectual property are in the ideal position to be considered the 'gateway' for computer and communications manufacturers to be competitive in mobile/wearable sector.''
Since the inception of the wearable computing, Xybernaut has taken the lead in developing and patenting unique technologies, such as the transferable core, which is about a third the size of a cell phone and contains the ``brains'' of a PC - processor, memory and storage and I/O circuitry. When plugged into an ``enclosure,'' which can be anything from a stripped down laptop, to a cell phone, to the dashboard of a car, the core unit becomes a true ``personal'' computer. The core has the potential to revolutionize numerous industries including entertainment, security, health care, education, environmental and manufacturing.
Industry analysts agree that the potential market for wearable and mobile computing technologies is expected to grow exponentially in the coming decade. For example, Gartner Group analysts recently (October 8, 2001) included wearable computers as one of four key emerging technology trends for the next decade (see www3.gartner.com.
According to an April 17, 2001 Gartner Group Research Note, Wearing it Out: The Growth of the Wireless, Wearable World, ``By 2007, more than 60 percent of the European Union and U.S. populations aged 15 and 50 will carry or wear a wireless computing and communications device at least six hours a day.'' The report also emphasizes a dramatic increase to 75 percent of these populations by 2010.
About Xybernaut Corporation
Xybernaut Corporation is the leading provider of wearable/mobile computing hardware, software and services. The company, which pioneered wearable computing, brings 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.
Xybernaut, the Xybernaut logo, and Mobile Assistant V (MA V) are trademarks or registered trademarks of Xybernaut Corporation in the USA and other countries. All other brand and product names are or may be trademarks of, and are used to identify products or services of their respective owners.
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.
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Contact:
Xybernaut Corp.
Michael Binko, 703/631-9625
mbinko@xybernaut.com
or
Sheryl Frye, 703/631-6925
sfrye@xybernaut.com |
