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

To: Charles Broderick who wrote (1858)	1/11/1999 2:25:00 PM
From: Christopher	Read Replies (2) \| Respond to of 6847

Here is the news Monday January 11, 2:02 pm Eastern Time Company Press Release SOURCE: Xybernaut Corporation Xybernaut(R) Achieves Strongest Sales for Fourth Quarter in Company's History - Sales of MA IV(TM) Units in Line with Expectations FAIRFAX, Va., Jan. 11 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR - news), the leader in wearable computing, spurred by the mid-December introduction of its new MA IV wearable computer, achieved in the fourth quarter, ended December 31, 1998, the highest sales in the Company's history, with quarterly sales exceeding $1 million for the first time, Edward G. Newman, Xybernaut's President and Chief Executive Officer, announced today. Said Mr. Newman: ''We are particularly pleased with the strong fourth quarter performance, which was in line with our internal objectives for the sale of MA IV units which only became generally available on December 16th. The distribution channels and infrastructure we have put in place are meeting marketplace demand and are working quite smoothly. We expect sales to accelerate on a quarter by quarter basis with the current first quarter to be significantly larger than the fourth quarter and anticipate a very strong 1999 as interest in hands-free, body worn computing continues to grow.'' Xybernaut Corporation is a leader in providing hardware, software and service solutions to the wearable computing industry. The Company's patented wearable computer systems feature speech-activation, flat panel and head-mounted displays that allow users hands-free access to information in the computer's internal storage, in local area networks, and on the Internet on an as-needed, where-needed basis. Xybernaut's software is designed to provide users with the right information needed for the task at hand using consistent navigation techniques and screen presentations. Xybernaut's customers include leading corporations and government agencies for many mobile knowledge delivery system applications, including maintenance and repair, inspection, inventory control, manufacturing and data collection. Visit Xybernaut's Web Site at 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'', ''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 for, and delays in the start of, production of the next generations of the Mobile Assistant, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings. SOURCE: Xybernaut Corporation -------------------------------------------------------------------------------- More Quotes and News: Xybernaut Corp (Nasdaq:XYBR - news) Related News Categories: computer hardware, computers --------------------------------------------------------------------------------