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

To: StockDung who wrote (4981)	6/14/2002 11:41:23 AM
From: Roger Bodine	Read Replies (1) \| Respond to of 6847

stockconsultant.com shows XYBR 75% Bullish. Oversold.

To: StockDung who wrote (4981)	7/2/2002 10:24:08 AM
From: afrayem onigwecher	Read Replies (2) \| Respond to of 6847

*********** XYBR rising over 30% on anticipation rally as a result of the following news release.... Xybernaut Corporation Last: 0.73 Change: unch Volume: NA Top alerts 07/01/02 Price up sharply on unusually high volume. 06/30/02 Price up sharply on unusually high volume. *********** Xybernaut Corporation Comments on Recent Stock Price Company Reiterates Profitability and Revenue Guidance FAIRFAX, Va.--(BUSINESS WIRE)--July 1, 2002--Xybernaut Corporation (NASDAQ:XYBR - News) announced today that it was unaware of any operational reasons that would explain the recent decline in its share price or heavy trading activity. The company believes that its recent decline in price was principally a result of portfolio managers balancing their positions to reflect the new composition of the Russell 3000 Index. Changes to the Index are expected to be announced from July 1 to July 9 and institutional investors typically adjust their positions on the last day of the second quarter. Separately, the company reiterated its second quarter and 2002 guidance. The company expects to report quarterly revenue increases for the remainder of this year of between 30% and 60%, compared with the same quarters in 2001. In addition, the Company is on track to meet its stated objective of reaching profitability in the second quarter of 2003. "We continue to show significant progress in our relentless drive for profitability," said Edward G. Newman, Xybernaut's chairman, president and CEO. "We have reduced our expenses dramatically, while increasing revenue from our enterprise customers. We recently announced that several of our key commercial accounts, including Hilton Hotels and Resorts (NYSE:HLN - News), have begun revenue generating deployments of our Mobile Assistant® V wearable computers. The opportunities for the continued implementation of our technology solutions in both military and Homeland Defense have never been greater. We continue to greatly increase our channel momentum and our Intellectual Property increasingly is the subject of serious strategic negotiations." Mr. Newman continued, "In short, we begin the third quarter with the largest backlog in the company's history and we have never been in a better position to increase revenues while tightly managing expenses. If anything, our business has improved greatly in recent weeks, which will be reflected in up-coming announcements I am confident that our stock price will eventually reflect both our improved operations as well as the tremendous growth we have ahead of us." About Xybernaut 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. 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.