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


To: rrufff who wrote (5759)9/15/2003 11:42:40 PM
From: StockDung  Read Replies (1) | Respond to of 6847
 
"Other Analyst coverage of DCHT can be found at afund.com "

RAM Capital Announces Investment Opinion.
Author/s:
Issue: Dec 17, 1999

PALM BEACH, Fla.--(BUSINESS WIRE)--Dec. 17, 1999--

Palm Beach Florida based RAM Capital Management has selected a "micro" and "portable" fuel cell manufacturer DCH Technology, Inc, (OTC BB:DCHT) as its top technology pick for the year 2000. This is based primarily on market valuation comparisons of the other companies in the fuel cell sector.

As of the close of trading, Thursday Dec. 16, 1999, DCHT's market capitalization was only $21,000,000.

That is less than 1/20th of Manhattan Scientifics' $ 525,000,000, (OTC BB:MHTX), and 1/100th of the $2 Billion Ballard Power Systems. (Nasdaq:BLDP), (TSE:BLD). Others are Fuel Cell Energy, (AMEX:FCL) at $170 million, and Plug Power (Nasdaq:PLUG) at $1.2 Billion.

What separates DCHT from the other small and micro fuel cell developers is that they are delivering working prototypes for testing by major industrial partners now; including a scheduled January 2000 delivery of a fully integrated 3kW fuel cell system to the Bonneville Power Administration. This initial unit is part of a $3.5 million pilot program with NW Power Systems, (NYSE:IDA) who makes the natural gas reformer for the system. DCH is also designing the safety system with their hydrogen sensors for this unit.

Additional orders are anticipated upon the completion of testing.

We believe DCHT will be discovered by Wall Street in the upcoming year as investment professionals seeking to hedge their investments in the rest of the fuel cell sector look more closely at them.

DCHT common shares would have to rise to $10.00 to equal FCL; $26.00 to equal MHTX; $50.00 to equal PLUG, and $100.00 to equal BLDP. We note that BLDP is partnered with Ford, (NYSE:F) and Daimler-Chrysler, (NYSE:DCX), and PLUG is partnered with General Electric, (NYSE:GE), and Detroit Edison, (NYSE:DTE), and both have large cash arsenals which is funding their research and market development. DCHT signed a multi year strategic marketing alliance with AlliedSignal Honeywell in March 1999 (NYSE:HON), (NYSE:ALD).

DCHT Trading at only $1 3/8 per share is, in our opinion, a direct result of the lack of Wall Street analyst coverage of micro-cap stocks as a group and OTC bulletin board companies as a whole. This tremendous disparity in market cap has created a substantial opportunity for long term technology stock investors.

DCHT is expected to generate $100 million in revenue from their sensor division over the next 5 years. This revenue stream will fund their fuel cell capacity without incurring debt or substantial dilution. We see this as the preferred business model and reminiscent of the way Hewlett Packard was built.

A $21 million valuation for a fuel cell company, when the rest of the industry is trading between $170 million to over $2 Billion is far too low and is totally ignoring the growing sensor business. Their sensors are in long term testing now with four automobile company's, and several multinational corporations, including a division of Westinghouse, (NYSE:BPA) for the Leningrad Nuclear reactor.

DCHT is commercializing US Department of Energy fuel cell technology, developed at the Los Alamos National Laboratory and has demonstrated a working micro fuel cell throughout 1999 to several major corporations and the various branches of the US Government. The patented and proprietary robust hydrogen sensor was developed at the Sandia National Laboratory.

RAM's most recent Investment Opinion on DCHT can be found at businesswire.com

Other Analyst coverage of DCHT can be found at afund.com;

DCHT Financial Data is available from the SEC archives at sec.gov

For further information regarding this report contact: Steven Oshinsky, GM at 561/338-3390 ramcapitalmanagement.com Email: info@ramcapitalmanagement.com

Disclaimer: RAM Capital Management is not a Registered Investment Advisor or a Broker/Dealer. RAM has prepared this report independently of DCH, and is not under contract to DCHT. The material is from publicly available sources believed to be factual, but does not guarantee its accuracy or completeness. This is not an offer to sell or the solicitation of an offer to buy. These forward-looking statements are based on current expectations and differences can be expected. Any opinions expressed are subject to change without further notice, and may not necessarily be reprinted in future publications or elsewhere. The reader assumes responsibility for any loss arising from any use of this report or its contents. RAM received 100,000 free-trading common shares on Feb 7, 1999, from DCH Technology, Inc. for services ended April 1, 1999. RAM Capital Management has invested in private placements in DCHT restricted securities in 1999.

COPYRIGHT 1999 Business Wire

COPYRIGHT 2000 Gale Group



To: rrufff who wrote (5759)9/17/2003 9:53:54 AM
From: Roy F  Respond to of 6847
 
Xybernaut Selected to Unveil New Product and Discuss Future Technologies at IDC's DEMOmobile 2003

Wednesday September 17, 9:35 am ET

Xybernaut One of Few Companies to Present at Conference Recognized as Forum for Cutting-Edge Mobile/Wireless Technologies

FAIRFAX, Va. & SAN DIEGO--(BUSINESS WIRE)--Sept. 17, 2003-- Xybernaut® Corporation (NASDAQ: XYBR - News) today announced the Company has been selected to introduce and discuss future mobile/wireless technologies during the DEMOmobile 2003 conference this week in San Diego, CA.

DEMOmobile, an industry forum created by International Data Corporation (IDC) -- one of the most respected global technology research firms -- is recognized as the venue at which the newest and most innovative mobile/wireless technologies are introduced and discussed.

Participation as a presenting-company at DEMOmobile is highly competitive and closely managed by IDC analysts and other evaluators. Few "candidate-companies" are chosen to present during the three-day event.

Xybernaut was chosen to discuss its position as a leader in mobile/wearable computing technologies and will unveil its newest product on Thursday, September 18 to an exclusive audience of industry analysts, media representatives and technology industry leaders. The new product is expected to be generally available for sale in mid-October.

Past DEMOmobile presenter-companies include Microsoft Corporation, IBM Corporation, Logitech, Nokia IP Telephony Corporation, Vocera Communications, FileMaker, Google, Inc., Hewlett-Packard Company, Lotus Development Corp., OracleMobile, 3Com/Palm Computing, Acer America Corporation, Citrix Systems, Inc., Aether Technologies International, Fujitsu Personal Systems Inc., Symantec Corporation and many others.

HOW TO COVER THE NEWS: Reporters/media representatives interested in attending or covering DEMOmobile 2003 should contact Becky Sniffen at 510-531-1710. Qualified reporters will be able to register prior-to and any day of the event. Media representatives can schedule Xybernaut mobile/wearable technology demonstrations, photo-opportunities and face-to-face interviews by contacting Michael Binko via e-mail to mbinko@xybernaut.com or via phone at 703-654-3637

ABOUT DEMOmobile 2003:

DEMOmobile is the definitive preview of the most significant products and trends to emerge and affect the mobile and wireless markets. The annual DEMOmobile conference focuses on emerging technologies and new products, which are hand-selected by executive producer Chris Shipley from across the spectrum of the mobile technology marketplace. Top executives and early adopters from the leading hardware and software technology companies, venture capitalists, journalists from key industry publications and industry analysts attend the DEMOmobile conference to preview the most promising products and technologies for the coming year. DEMOmobile is held each fall and features approximately 35 new mobile technologies.

For more information, visit idgexecforums.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 the Xybernaut Web site at www.xybernaut.com. Product photos are also available directly from Xybernaut.

Xybernaut, the Xybernaut logo and Mobile Assistant® V (MA® V) and Atigo® 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.

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Contact:
Xybernaut Corporation
Michael Binko, 703/631-6925
mbinko@xybernaut.com

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Source: Xybernaut Corporation