Mitsubishi Heavy Industries and Xybernaut Deploy Jointly Developed Maintenance Toolkit
Friday October 10, 9:27 am ET
Technology Solution For Inspection, Maintenance and Repair; Trial Roll-out Begins With Internal MHI Deployments
FAIRFAX, Va. & TOKYO--(BUSINESS WIRE)--Oct. 10, 2003-- Mitsubishi Heavy Industries (MHI) and Xybernaut® Corporation (NASDAQ:XYBR - News) today announced commencement of the trial roll-out of their jointly developed Mobile Maintenance and Inspection System (MMIS) toolkit for structured inspection, maintenance and repair across numerous industries and applications.
The MMIS toolkit, which incorporates Xybernaut wearable computing technologies, will initially be deployed in three of MHI's primary business units in Japan.
Xybernaut and MHI also announced plans to expand the capabilities of the MMIS toolkit to incorporate other MHI business unit requirements. The companies will utilize the toolkit within additional MHI business units to combine each unit's requirements with MHI's standard approach to inspection and maintenance.
MHI produces over seven hundred products ranging from nuclear power and incineration facilities to aircraft. Xybernaut and MHI believe that the MMIS will have broad appeal for both companies' client bases.
"The MMIS, can radically change the entire maintenance and inspection philosophy across a number of industries and functions," said Dr. Ayao Tsuge, Technical Director and a member of the MHI Board of Directors. "This approach has the potential to yield significant cost savings as well as significant qualitative benefits to the very competitive manufacturing sector as well as to service organizations worldwide."
"This joint development effort demonstrates the kind of teamwork that is needed to develop solutions that address highly specialized technology needs," stated Xybernaut chairman and CEO, Edward G. Newman. "Xybernaut looks forward to collaborating with MHI on future solutions that combine our areas of expertise, technologies and intellectual property," Newman added.
Both companies also have begun the previously announced Professional Exchange Program (PEP). Under this program, executives and professional staff from both MHI and Xybernaut will undertake assignments in each other's operations to better learn the unique cultures of each organization, and to identify the areas in which the companies can best work together in both the short and longer term.
About Mitsubishi Heavy Industries (MHI):
Global Headquarters Located at: 16-5, Konan 2-chome, Minato-ku,
Tokyo, Japan
Established: 1950
Employees: over 37,000
Primary Products and Services: Shipbuilding, Steel Structures, Power
Systems & Nuclear Energy Systems, Aircraft & Space Systems, Chemical
Plants, Environmental Systems, Transportation Systems, Machinery for
Industrial and General use, Paper & Printing Machinery, Machine Tools,
Air-conditioners and many others.
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 on the Web at www.xybernaut.com.
Xybernaut, the Xybernaut logo and Mobile Assistant® V (MA® 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.
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Contact:
Xybernaut Corporation
Michael Binko, 703-631-6925
mbinko@xybernaut.com
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Source: Xybernaut Corporation |
