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


To: Roy F who wrote (5019)8/18/2002 5:16:18 PM
From: StockDung  Respond to of 6847
 
Xybernaut certifies dismal financial Statements. Congrats to all!!
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Xybernaut Corporation Executives Certify Financial Statements

FAIRFAX, Va.--(BUSINESS WIRE)--Aug. 15, 2002--Xybernaut(R) Corporation (NASDAQ:XYBR) today announced it has submitted financial certifications to the Securities and Exchange Commission (SEC) which attest to the accuracy of its Form 10-Q report for the six months and second quarter periods ended June 30, 2002.

Xybernaut Chief Executive Officer Edward G. Newman and Chief Financial Officer John Moynahan signed and submitted the certifications to the SEC in compliance with the Sarbanes-Oxley Act of 2002.

"Xybernaut supports all efforts to boost investor confidence," said Mr. Newman. "Certifying financial results reinforces our ongoing dedication to provide the investing community with clear and accurate information."

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 (U.S.), 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:

Xybernaut Corporation, Fairfax

Michael Binko, 703/631-6925

mbinko@xybernaut.com

or

John Moynahan, 703/631-6925

investorrel@xybernaut.com

SOURCE: Xybernaut Corporation

Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

08/15/2002 08:49 EASTERN



To: Roy F who wrote (5019)8/18/2002 6:41:24 PM
From: StockDung  Respond to of 6847
 
Further Vindication!!"Analyst Mark Bergman was secretly paid to issue a false research report in 2000 that helped drive up the stock price of Environmental Solutions Worldwide Inc., the Securities and Exchange Commission alleged in a securities fraud lawsuit announced Friday."

SEC Sues Analyst, Says Environmental Solutions Report False
By David Evans

Santa Monica, California, Aug. 11 (Bloomberg) -- Analyst Mark Bergman was secretly paid to issue a false research report in 2000 that helped drive up the stock price of Environmental Solutions Worldwide Inc., the Securities and Exchange Commission alleged in a securities fraud lawsuit announced Friday.

Both were charged with participating in a ``$15 million pump- and-dump scheme'' by the agency in the suit filed in U.S. District Court in Washington, D.C. on Thursday. Also charged were Environmental Solution's Chairman Bengt Odner, and investors who allegedly paid for the report and sold stock as the company's shares soared to $7 from $2 in 2000. The shares recently traded at 15 cents.

The SEC said Bergman's research report, distributed by Environmental Solutions, misled investors by claiming the company had a ``revolutionary'' catalytic converter. The device was actually less effective than existing models, according to the agency. None of the defendants could be reached for comment.

Bergman's report, which predicted Environmental Solutions shares would rise to between $30 and $125 a share, was published by Access 1 Financial, a now-defunct Santa Monica, California, company run by Bergman that wrote research reports in exchange for fees.

Bergman was paid $25,000 and 30,000 shares of Environmental Solutions by shareholder Teodisio Pangia. Those payments weren't disclosed in his report, as required by law, the SEC alleged.

Agate Type

The SEC also charged that Pangia and an associate, Spal Singh of Toronto, sold millions of shares as the stock price rose. Neither could be reached for comment.

Pangia has previously denied paying for the Access 1 research. ``I didn't compensate him,'' Pangia said of Bergman in an April 2000 interview with Bloomberg News. ``I deny that unequivocally.''

While Bergman disclosed compensation in his reports, at the end of them and in agate type, he said in an interview in April 2000, that he omitted disclosure in an ``oversight'' in his original Environmental Solutions report.

In style and content, Bergman's reports mimicked those of traditional stock analysts -- ``We recommend the accumulation of Environmental Solutions Worldwide Inc.'s shares for appropriate investors.'' Yet, his Access 1's brochure to potential clients said Bergmann's analyst reports were designed to have a ``potentially substantial impact on your company's valuation.''

Access 1 issued more than a dozen ``buy'' recommendations, which were often announced in press releases by subject companies. Many, like Environmental Solutions, didn't disclose the reports were paid for by the subject companies.

Xybernaut

``I think certainly people can get confused,'' said Bergman, also in an April 2000 interview. He was a senior vice president at Xybernaut Corp. before starting Access 1 in 1999.

Xybernaut issued a press release announcing Bergman's ``buy'' recommendation on the wearable computer maker's shares in February 2000. Neither Fairfax, Virginia-based Xybernaut nor Access 1 disclosed that Bergman owned options to buy shares in Xybernaut, where he worked as a sales executive from late 1997 until September 1998. The press release, which predicted Xybernaut's shares would double to $28.80, remains on Xybernaut's Internet site. The company's shares recently traded at 42 cents.

SEC records show that Pangia filed to sell millions of Environmental Solutions shares soon after Bergman's report was released, as the company's stock began to gain.

The stock rose to $7.38 from $4.88 in early 2000, with 1.5 million shares changing hands a day, after the company issued a press release Feb. 25, 2000, saying Access 1 Financial had begun ``coverage'' of the company with a ``buy'' recommendation. Internet bulletin boards soon began circulating the optimistic report.

On March 13, 2000, Pangia filed with the Securities and Exchange Commission his intention to sell 3.17 million shares of Environmental Solutions, his entire holding.

Bergman said in the 2000 interview he was upset that Pangia sold shares while Access 1 was promoting the company's stock. ``I guess we were used,'' he says. ``It looks pretty obvious now.''



To: Roy F who wrote (5019)8/18/2002 6:48:18 PM
From: StockDung  Respond to of 6847
 
Notice the report has the same address "2224 main street" and conman and criminal Regis Possino. web.archive.org



To: Roy F who wrote (5019)8/19/2002 9:06:13 AM
From: StockDung  Respond to of 6847
 
What now? antelopetech.com



To: Roy F who wrote (5019)8/19/2002 9:08:07 AM
From: StockDung  Respond to of 6847
 
Wow, antelopetech.com

Its like the sword of Damocles hanging over Xybernauts head.

Dam·o·cles
Pronunciation: 'da-m&-"klEz
Function: noun
Etymology: Latin, from Greek DamoklEs

: a courtier of ancient Syracuse held to have been seated at a banquet beneath a sword hung by a single hair



To: Roy F who wrote (5019)8/19/2002 9:38:47 AM
From: StockDung  Respond to of 6847
 
Roy, Bergman also promoted Eagle. Facts are that if it wasn't for Mark Bergman the promotion might have gone unnoticed Message 16703714

14. U.S. v. Anthony M. Damato, Geoffrey W. Gazda and James Cary Parrish a/k/a "Cary Parrish," Case No. 02-20456-CR-MORENO

On May 23, 2002, a federal grand jury returned an Indictment charging Anthony M. Damato, Geoffrey W. Gazda, and James Cary Parrish with one count of securities fraud conspiracy, in violation of 18 U.S.C. § 371, and one count of securities fraud, in violation of 15 U.S.C. § 78j(b) and 17 C.F.R. § 240.10b-5. Damato was the Chairman and a major stockholder of Eagle Building Technologies, Inc. ("EGBT"), the stock of which was publicly traded on the over-the-counter market. Gazda was the President, Director, and Treasurer of GWG Corporation, and Parrish the President and Chief Operating Officer of Sealant Solutions, Inc. ("SSLU"). The Indictment charges that Damato, Gazda and Parrish conspired to have EGBT sell restricted stock to the Fund for a total of $4.2 million. The undisclosed kickback was to be paid by Damato transferring $2 million from the stock sale proceeds to Gazda and Parrish by means of a loan to Gazda's company, GWG Corporation, which was to be secured by SSLU stock. Gazda and Parrish, in turn, were to kickback half this loan ($1 million) to the FBI UCA and others in return for their inducing the Fund to buy the EGBT restricted stock. If convicted, the maximum, statutory term of imprisonment is 5 years for conspiracy to commit securities fraud, wire fraud, and mail fraud, respectively, and 10 years for securities fraud.



To: Roy F who wrote (5019)8/19/2002 5:24:53 PM
From: StockDung  Respond to of 6847
 
Xybernaut watching 800 pound Gorilla very closely? Barff!!

Home home on the range, where the deer and the antelope play, where seldom is heard, a discouraging word and the skys are not cloudy on the Xybernaut thread all day.

IBM Research News

research.ibm.com

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messages.yahoo.com

Subject: atresk: antelope & IBM
From john_m
PostID 208878 On Monday, August 19, 2002 (EST) at 6:38:36 AM
Response To: Atresk PostID 206741

--------------------------------------------------------------------------------

Let me make one thing very clear regarding potential patent infringement: we will not review a potential infringement, comment on such potential infringement or report actions taken on such potential infringment in a public forum.

Such actions are obviously of a legal nature and I don't believe that you will find any company that will tip its hand prior to initiating formal legal action, or even after.

As stated several times, patents and IP are Xybernaut's ''Crown Jewels'' and we constantly monitor potential infringements and take action when necessary. Look at the Teltronics/Siemens action we took a few years back. When the time is right, we move very quickly.

We are monitoring Antelope and IBM very, very closely.

Regards,

John



To: Roy F who wrote (5019)8/20/2002 7:02:59 PM
From: StockDung  Respond to of 6847
 
33 CENTS/NEW LOW nlhs.com



To: Roy F who wrote (5019)8/21/2002 8:42:11 AM
From: Roy F  Respond to of 6847
 
Xybernaut and Tactical Survey Group to Provide Wearable Computing Solutions for Facility Security

Solutions Targeted for Law Enforcement, Homeland Defense, Security and Emergency Response

FAIRFAX, Va.--(BUSINESS WIRE)--Aug. 21, 2002-- Xybernaut® Corporation (NASDAQ:XYBR - News) and Tactical Survey Group, Inc. (TSG) today announced completion of a co-marketing agreement.

Under terms of the agreement, the companies have already begun to integrate Xybernaut wearable computers with TSG applications for targeted industry segments that need detailed data related to physical assets such as buildings/facilities -- notably security, law enforcement, military/government, homeland defense and emergency response.

The integrated mobile/wearable solutions provide operators fast access to critical data related to buildings and other facilities.

This information could include blueprints, structural traits, communications/networking/electrical schematics, locations of fire suppressant equipment or locations of valuable assets.

Examples of applications include security, safety audits or emergency response preparedness for government or commercial installations (military facilities, corporate campuses, public-use facilities, power plants, banks, hospitals, schools, etc.).

Xybernaut Mobile Assistant® V (MA® V) mobile/wearable computers configured with TSG software are already being demonstrated to several customers, including local/regional law enforcement, federal/civilian government agencies and military units. Under the relationship, TSG will provide integration and testing of equipment at joint customer sites and first-line software support.

The first step in preparing a deployment of the joint Xybernaut/TSG solution involves conducting Tactical Survey(TM) -- a comprehensive audit -- of a physical facility. This Tactical Survey creates a virtual overview of the physical characteristics of a facility that will be essential to first responders during emergency situations.

Information collected during the Tactical Survey is then stored on a mobile device on a hard drive, CD-ROM or stored on a secure Web site. Regardless of the storage medium, emergency response information can be accessed by pointing and clicking on hyperlinked site maps or images -- just like a standard web site.

The integration with Xybernaut wearable computers allows all types of Tactical Survey data to be accessed and controlled by operators in the field. This combined solution can be easily integrated with an existing physical security infrastructure or enable a standalone, quickly deployed system at any location. Xybernaut provides a PC-equivalent wearable computer, small enough to be worn on a belt clip, that gives operators full access and control of necessary data, while enabling hands-free mobility.

"Xybernaut wearable computing technologies are a tremendous enhancement to our facility security capabilities," said Steven Larsen, president and CEO of TSG. "Xybernaut wearable computers give decision makers access to data with even greater timeliness and mobility. Our combined technologies allow user/operators to access critical data while they are in the field -- bringing greater levels of effectiveness and efficiency to their operations."

"TSG software and Xybernaut devices together are a natural fit for a variety of security, law enforcement, military and commercial facility management applications," said Edward G. Newman, chairman, president and CEO Xybernaut. "Xybernaut has a strong heritage of success in intelligence and military applications. Our technologies are compatible and complementary, so customers of either company will receive tremendous value by integrating both company's products into their information technology architecture."

About Xybernaut ....