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


To: Dave Shoe who wrote (2523)4/20/1999 8:38:00 AM
From: FJ  Respond to of 6847
 
NEWS: Fraunhofer IGD Chooses Xybernaut(R) Wearable PC for Mobile Tourist Information Research

HANNOVER, Germany, April 20 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR), a leader in mobile computing and Fraunhofer-Institute for Computer Graphics in Darmstadt (IGD), today announced that the Xybernaut Mobile Assistant(R) (MA IV(TM)) wearable PC has been selected as the platform of choice for applied research projects of IGD.

One of 48 research institutes of the Fraunhofer Society, the Fraunhofer IGD focuses on Mobile Tourist Information Research, that is, applied research with the aim of further developing the technology of computer graphics and of making the results of the new technology available. Fraunhofer IGD implements new trend-setting applications through software and hardware prototypes which test products offered by resellers and end users. The Fraunhofer IGD is working on different research areas such as collaborative environments for visual communication. They apply this research to practical applications to contribute to the technological advancement of the European computer industry.

"The all new Mobile Assistant provides a perfect platform for our advanced software systems in hands-free computing environments," said Dr. Uwe Jasnoch, head of the department for graphic information systems, Fraunhofer IGD. "Besides the enhancement of the tele-service application, we are working on a distinct mobile tourist information system, bringing a new quality of on-demand information to the end user. Combining different technologies, from computer vision technologies throughout speech input to enhanced digital elevation models, on top of the MA IV as the computing basis, will bring new services and possibilities in mobile environments." IGD's MA IV customers include automotive, airplane, and mechanical, and architectural engineering, and will use the systems in planning, testing and training for assembly and disassembly, as well as in maintenance.

Dr. Edwin Vogt, General Manager of Xybernaut GmbH and Senior Vice President of Xybernaut Corporation stated, "Wearable computing is a very powerful new paradigm for human interaction with computers at work, at home, or on the road. Locally, or via the Internet, it will quickly spread from industrial applications to the consumer arena. This type of cooperation, which we started last year in working closely with IBM on speech control of applications, creates the knowledge and the software parts our customers need to quickly derive benefits from this model and from our products."

The MA IV began shipping to European customers in 1st Quarter 1999. It consists of a belt-worn computer, a color VGA head-mounted display suspended in front of either eye w/microphone and earphone, an optional wrist-mounted flat panel touch screen color display keyboard, a battery pack, and integrated voice-recognition software. Xybernaut's current customers include leading Fortune 500 companies and government organizations for many mobile knowledge delivery system applications, including maintenance and repair, diagnosis, inspection, inventory control, manufacturing and data collection.

Xybernaut Corporation is the 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. Key industries include manufacturing, distribution, transportation, government, and insurance. Headquartered in Fairfax, Virginia, Xybernaut also has offices in Europe (Germany) and Asia (Japan).

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.

Visit Xybernaut's Web Site at xybernaut.com

SOURCE Xybernaut Corporation

CO: Xybernaut Corporation; Fraunhofer-Institute for Computer Graphics in Darmstadt

ST: Germany

IN: CPR

SU:

04/20/99 08:30 EDT prnewswire.com



To: Dave Shoe who wrote (2523)4/20/1999 9:19:00 AM
From: Stan V.  Read Replies (2) | Respond to of 6847
 
I am wondering if this news about Siemens is some subliminal indication that XYBR management has found a source (other than revenues) of future working capital funding (debt or equity)? Considering the relative value of the mark, this company is a really cheap R&D source for the Germans, ergo all the Germanic news.
Just speculating. Anybody else have any thoughts?