Corena Establishes Co-Marketing Agreement with Xybernaut
Corena's LifeSTAR Software Coupled With Xybernaut® Wearable Computer Provides Powerful Tool for Field Force Automation in Multiple Industries
FAIRFAX, Va. & SEATTLE--(BUSINESS WIRE)--July 2, 2002-- Corena USA Inc., a wholly owned subsidiary of Danish software company Corena Holding A/S, today announced completion of a co-marketing relationship with Xybernaut Corporation (NASDAQ:XYBR - News).
This collaboration paves the way for the provision of state-of-the-art mobile content management solutions to a variety of industry segments that consider Field Force Automation a primary component of success -- notably aerospace/aviation, military/government and utilities/power management.
Operating in the aerospace market for more than a decade, Corena's existing aerospace/aviation clients include Bombardier, Rolls-Royce, Boeing, Lufthansa, Singapore Airlines, Scandinavia Airline Systems and others. Conservative estimates indicate that more than 13,500 commercial aircraft are in operation worldwide.
As these assets age and as new aircraft are incorporated into flight cycles, inspection and maintenance/repair/overhaul (MRO) are increasingly top priorities for manufacturers and carrier-operators alike.
As such, market analysis indicates that the potential for efficiency-enhancement technologies -- such as the joint Xybernaut/Corena platform -- is considerable.
The Xybernaut/Corena offerings have been developed by combining know-how and products from both Companies to enable organizations and individuals to interact with technical information and physical assets in a more efficient manner.
The platform integrates Corena's LifeSTAR MRO Suite which include XML browsing supported by voice navigation, database programs for graphic and textual content management and Xybernaut wearable computing technologies to provide mobile workers with access to dynamically generated content and real-time data collection capabilities.
"We are excited about our relationship with Corena," stated Edward G. Newman, chairman, president and CEO of Xybernaut. "Whether you are a CEO of an airline or a fleet manager out on the tarmac, the Corena/Xybernaut solutions work within an organizations existing IT infrastructure to provide tangible gains in productivity and return on investment. Our relationship with Corena demonstrates the value of an integrated approach to providing mobile access to information access at the point-of-need."
"Mobile delivery of information is a critical component of success for our business customers," says Keld Jellesen, vice president, Corena Inc. "Xybernaut mobile/wearable technologies extend our LifeSTAR software distribution services by allowing us to deliver structured content right to the workers and managers when and where they need it."
About Corena Inc.
Corena provides products and solutions to customers who publish, manage and use structured content to enhance their business. Corena's major strength is the ability to transform domain and business knowledge into structured XML/SGML content and deploy it to a long-term `company-efficient' industrial solution.
Corena offers comprehensive consulting services spanning systems integration programming to project management of IT projects. The innovative company with end-to-end solutions that successfully combine information content management with mission critical processes. For further information, visit the Corena Web site at www.corena.com.
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.
Third party statements contained herein and information contained on any third party website are not endorsed by or adopted by Xybernaut, nor has their accuracy been verified by Xybernaut.
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Contact:
Xybernaut Corporation, Fairfax
Michael Binko, 703/631-6925
mbinko@xybernaut.com
or
Corena USA Inc
Keld Jellesen, 416/566-2271
kje@corena.com |
