Xybernaut Awarded $600,000 Services Contract With U.S. Marine Corps, Air Force and Navy
Wearable PC Company To Manage Program To Automate Remote Maintenance and Field Repairs
FAIRFAX, Va.--(BUSINESS WIRE)--July 15, 2002--Xybernaut® Corporation (NASDAQ: XYBR - News) today announced it has been awarded a services contract valued at approximately $600,000 to manage an automated program for remote maintenance and repairs of field equipment, such as tanks, helicopters and ship generators, for the Marine Corps, Air Force and Navy.
The services contract includes project management, software development, testing and wireless integration services. This is the first publicly announced government services contract under Xybernaut's World Wide Technology (WWT) GSA schedule procurement program. The company is also supplying Mobile Assistant® V (MA® V) wearable computers to the project under a separate contract.
"With the increased mobility and length of missions being performed by today's military branches, automated maintenance support is expected to be a vital component of battle-readiness," said Edward G. Newman, President, Chairman and CEO of Xybernaut. "This department of defense services contract is an excellent example of how Xybernaut Solutions Inc. (XSI), our solutions subsidiary, is working to provide integration solutions for military, homeland security and commercial/industrial applications."
Xybernaut systems and integration services will support the Maintenance Mentoring Systems (MMS) program of the Air Force, Navy and Marine Corps.
This program covers the productivity technologies that increase worker productivity in situations where the amount of technical data required to perform a job exceeds memory retention capabilities or in situations where personnel shortages result in a limited number of mentors/experts available to assist less experienced technicians.
The Xybernaut services fall under a category called Electronic Performance Support Systems (EPSS).
In addition to providing its wearable PCs and support services, Xybernaut will help manage the government project and will integrate other products from numerous technology leaders into a complete maintenance support system.
In the past, the armed forces had to rely on using paper forms when a tank, helicopter, or shipboard generator needed maintenance or repairs.
With the new automated technology solutions, military technicians will be able to guide or direct remote technicians through difficult step-by-step maintenance and repairs while workers are on the job and to provide technicians with distance learning, training or certifications whenever and wherever needed.
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(R) V (MA(R) 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 |
