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

To: Roy F who wrote (5236)	12/2/2002 9:59:19 AM
From: Roy F	Read Replies (1) \| Respond to of 6847

XYBR/MHI article translated: November 1, 2002 Nikkei Sangyou "Wearable PC Improving Quality of Shipbuilding" Mitsubishi Heavy Industries, is collaborating with Xybernaut Corporation of the United States, and started to build quality improvement systems using wearable computers in shipbuilding. It is believed that by March 2003, this system could be in operation. If so, then MHI will budget for research, development and deployment in the fiscal 2003 year. MHI is also planning to apply this IT approach to other processes: planning, material purchasing, and production fields, with the production planning that combines "mates" (3-dimensional CAD of shipbuilding planning which was developed by MHI) and "Virtual Factory Tools" (jointly developed with Delmia of Dasso Systems Group). The wearable PC consists of an HMD (glasses-type head mount display) and a portable personal computer attached to the waist. In 1988, Xybernaut made their first machine, and obtained basic patents in 1994. We can see, at HQ, what field workers are seeing real time. MHI and Xybernaut are now proceeding with discussions of collaboration for solutions development using wearable PCs and joint sales. We are also discussing forming a Joint Venture Company. MHI set up project teams in their technology planning department, and executed feasibility studies for each institution and plant. MHI will organize and finalize ideas and solutions including product planning and production technologies that were cultivated and in-process, and Xybernaut will develop the actual applications. They are going to initiate solutions for shipbuilding, power plants, gas turbines and nuclear plant maintenance, and we would like to expand it into all MHI products (about 700) in the future. Dr. Tsuge, Managing Director of MHI (and representative director of the board), believes that wearable PCs will be the first tool to actually enable a ubiquitous society.