updated DCHT report here, ramcapitalmanagement.com
News on DCHT friday;
Friday Mar 26, 1999
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
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