ROY, WHAT ABOUT THIS XYBERNAUT HYDROGEN BOMB?
DCH Technology forms Strategic Alliance with Xybernaut Corporation to
Co-Market and Sell the Xybernautâ Wearable Computer, the Mobile Assistantâ
(MA IVä ), Integrated with the DCH Robust Hydrogen Sensor.
Valencia, California (Mar. 26, 1999) DCH Technology, Inc. (OTC BB: DCHT),
signed a strategic sales and co-marketing agreement with Xybernaut Corp.
(NASDAQ XYBR), to integrate and deploy Xybernaut's Wearable Computer, the MA
IV, fitted with DCH's hydrogen sensors, targeting several multi-billion
dollar industries such as the rapidly growing $2 Billion gas detection
industry, the $5 Billion bridge repair industry, and the nuclear maintenance
and inspection industry.
Interactive demonstrations of this development will be conducted for the
first time at the 10th Annual meeting of the National Hydrogen Association,
April 7th, through April 9th, at Tyson's Corner, Vienna, VA.
Xybernaut is the world leader in highly interactive wearable computers using
high-resolution, head mounted or wrist-worn displays, voice recognition and
wireless data interfaces. DCH is a leader in advanced gas detection
technology. These two advanced technologies combined will now enable
inspectors and process monitors in over 40 industries to combine real-time
hydrogen detection with quick access to the collected data to solve problems
in the field, and on the factory floor. Process yields and human safety in
industries ranging from transformer monitoring, nuclear inspection, bridge
monitoring, food processing, petrochemicals, energy, telecommunications and
semiconductor fabrication will all benefit from this strategic teaming.
Stated Steven Newman, Vice Chairman of Xybernaut Corporation, "Partnering with
DCH Technology represents a significant step not only for the wearables and
hydrogen detection industries, but also for those industries involved in gas
detection, bridge repair, nuclear maintenance, and inspection. By providing
these fields with the information they need in a hands-free, anytime, anywhere
environment, they will be able to realize productivity and cost efficiencies
never before experienced."
Stated David Haberman, Chairman of DCH Technology, "This teaming arrangement
with Xybernaut is an industry first for hydrogen detection and gas monitoring
systems. The combined products mark a quantum leap forward in providing
real-time situational awareness in the inspection of aging aircraft, bridges
and railroads; a $9 Billion annual industry. The DCH sensors embedded in
formerly inaccessible areas, make dangerous tasks like transformer monitoring
and compressed gas inspections into simpler and safer tasks. We anticipate
substantial revenue generation from this integration of Xybernautâ 's
wearable computer and the DCH gas sensors."
DCH Technology is a technology development and manufacturing firm specializing
in patented and proprietary gas sensor and safety products developed at US
National laboratories, that are sold to industrial and government customers
worldwide.
DCH's core technologies include the Robust Hydrogen Sensor, the Universal Gas
Sensor, and the PEM Hydrogen Fuel Cell. DCH sensors are currently being used
by NASA, Westinghouse, Ford, General Motors, Allied Signal, and several other
multinational companies. The worldwide market for gas sensors is estimated at
$2 Billion and growing. Hydrogen energy is envisioned as creating a new
industry sector and the market for Fuel Cells in 1998 was already over $1
Billion.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Statements in this news release looking forward in time involve risks
and uncertainties, and actual results may be materially different. Factors
that could cause actual results to differ include activity levels in the
securities markets and other risk factors, such as customer order rates,
cancellations, late delivery of customer components, production delays,
dependence upon certain customers, dependencies upon key executives,
viability of quarterly results, single operating facility, competition,
product liability risk, control by management, foreign currency fluctuation,
and other risks detailed in the Company's applicable SEC filings.
For More Information Please Contact: DCHTinfo@aol.com or call 805-775-8120,
ext. 11. Also see the DCH Website at dcht.com.
Mentioned in the article NASDAQ: XYBR and OTC: DCHT
Relative websites:
DCH Technology: dcht.com
Xybernaut Corporation: xybernaut.com
10th Annual U.S. Hydrogen Meeting - National Hydrogen Association:
ttcorp.com |
