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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (9973)6/3/1999 10:58:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 52051
 
How much cash left? Don't know, but the MyMusicCard model's strentgth is funds up front and really good cash flow. Plus Gordon supposedly has several million of his own money invested. There must be a huge desire on his part to make this thing work.

BTW, the news just out on a deal with Future Business Leaders of America (see below) suggests that they are wasting no time going forward.

One of the beautiful things about the MyMusicCard concept is that it gets them revenue up front and the marketing costs are low.

** TSIG does not not have to pay a sales force (their sales force is hundreds of thousands of Babe Ruth Baseball Youths or Future Business Leaders of America or whomever)

** TSIG's cash flow is good under this model because they get the money from the sale of the card first, before any product is delivered

** They have some big names under contract already.

I have always loved the model, so the re-org is good news for me.

In short, it shouldn't take too much money from here that can't be financed by the MyMusicCard sales. I could be wrong. just my take.

Regards,
DAVE

(COMTEX) B: TSIG.com Teams With Future Business Leaders of America fo
B: TSIG.com Teams With Future Business Leaders of America for Fund-Raising
Program With myMusicCard

ST. PETERSBURG, FLA. (June 3) BUSINESS WIRE -June 3, 1999--TeleServices
International Group Inc. (OTC BB:TSIG), known as TSIG.com, today
announced that the company has executed an agreement with Future
Business Leaders of America (FBLA) for a nationwide fund-raising
program using TSIG.com's myMusicCard program.

Under the agreement, FBLA would receive revenues for its local, state
and national chapters.

In the FBLA program, TSIG.com would produce cards which are redeemable
for up to 20 purchases of CDs through TSIG.com's myMusicCard site or
the company's call center. To facilitate the fund-raising campaign,
TSIG.com will develop a sales kit and create an Internet site which can
be accessed by all chapters of FBLA. These fund-raising kits will then
be distributed to FBLA members, which consist of more than 240,000 high
school students, 10,000 college students, and FBLA's newest group, more
than 8,000 middle school (grades 5-9) students.

Commented Robert Gordon, chairman of TSIG.com, "Future Business Leaders
is to be commended for preparing our youth for careers in business and
business-related fields. As a non-profit organization, their need to
generate funding for current and future programs is a constant concern.
The use of the myMusicCard promotional program will benefit their
entire organization and provide an on-going income stream for years to
come as the program matures. The program has already proven itself to
be a hit with students and educators because of the universal appeal of
music."

Future Business Leaders of America-Phi Beta Lambda, headquartered in
Reston, Virginia is a non-profit education association of students from
middle school through high school levels. PBL is for post-secondary
students. FBLA-PBL has consistently enjoyed an increase in membership
over the past several years. FBLA-PBL, Inc. receives their funding
through membership dues, conference fees, and corporate contributions
and grants. About TSIG.com

Headquartered in St. Petersburg, Florida, TSIG.com provides customer
service and support through its Web-based call center, and innovative
marketing programs to build and retain site traffic through its
myMusicCard programs. The company's myMusicCard site is at
mymusiccard.com. TSIG.com has signed agreements with the
Signature Group, Babe Ruth League Baseball, the Tampa Bay Lightning and
the Ice Palace, Lifetime Learning Systems, the National Music
Foundation, and The Entertainment Marketing Promotion Organization
(TEMPO). The company recently launched its fund-raising program with
Lifetime Learning Systems in more than 100,000 schools. For more
information on TSIG.com, please visit the company's Web site at
tsig.com.

This press release contains "forward-looking statements" within the
meaning of Section 27A of the 1933 Securities Act and Section 21E of
the 1934 Securities Exchange Act. Actual results could differ
materially, as the result of such factors as (1) competition in the
markets for the products and services sold by the company, and for
outsourced teleservices, (2) the ability of TSIG.com to execute its
plans, (3) the availability of financing at favorable terms, and (4)
other factors detailed in the Company's public filings with the SEC.

-0- pp/mi*

CONTACT: TSIG.com, St. Petersburg
Paul Henry, 727/897-4000

phenry@tsig.com

KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business
Wire's full file on the Internet

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To: Stock Watcher who wrote (9973)6/3/1999 11:21:00 AM
From: FJ  Read Replies (1) | Respond to of 52051
 
SW: XYBR; Niagara Mohawk Nuclear Power Selects Xybernaut(R) Wearable PC; Wearable PC Saves Time and Money in Inspections

FAIRFAX, Va., June 3 /PRNewswire/ -- Xybernaut Corporation (Nasdaq: XYBR), the leader in wearable computing, today announced that the Xybernaut Mobile Assistant(R)(MA IV(TM)) wearable PC has been chosen by Niagara Mohawk, a subsidiary of Niagara Mohawk Holdings Inc. (NYSE: NMK), for a pilot program in the Nuclear Power Utility Group to improve the responsiveness and productivity of inspections.

"It is my belief that the time savings expected to result from the MA IV will create considerable productivity gains and cost savings when compared to the manual methods currently performed," said James Poindexter, Unit 2 Operations, Nine Mile Point Nuclear Station, Niagara Mohawk. "This application for the MA IV is just the 'tip of the iceberg.' I project a multitude of additional applications for the MA IV, and my goal is to establish this wearable system as a productivity tool for the other departments at Nine Mile Point."

"The adoption of Xybernaut's wearable computer system by Niagara Mohawk will provide a model for other utility companies, which are monitoring the Niagara Mohawk pilot program," said Edward G. Newman, President and CEO of Xybernaut Corporation. "The MA IV is an ideal platform for inspectors to instantly capture and analyze data, then communicate the findings of this analysis while keeping their hands on test probes, measurement tools and the like. Using the MA IV will allow a critical problem to be identified on the spot and repair crews to be instantly notified. We are thrilled to be a part of this progressive approach to nuclear plant inspection, safety and security."

Xybernaut Corporation is working to have the MA IV certified for use with all nuclear power utilities and to provide the industry with wearable computer systems and engineering support services worldwide. Xybernaut's Professional Services Group is supporting the Mohawk evaluation by providing software for the man/machine evaluation.

The MA IV(TM) is now available and being shipped to end users worldwide. It is a full-function Pentium 233 Mhz belt-worn computer, with up to 128 MB of SDRAM, a 4.3 GB hard drive, two PC card slots, a color VGA head-mounted display suspended in front of either eye with microphone and earphone or an optional wrist-mounted VGA flat panel touch screen color display, a miniature keyboard, a battery pack, and integrated voice-recognition software. With U.S. base pricing below $5,000, wearable PCs are now attractive to those organizations seeking to take advantage of the increased productivity of wearable PCs compared with other computing platforms, and for many applications where computers have never been used before.

About Niagara Mohawk:

Niagara Mohawk, a subsidiary of Niagara Mohawk Holdings Inc. (NYSE: NMK), is a regulated energy delivery company with the largest service territory in New York State. The company serves more than 1.5 million electricity customers and more than 540,000 natural gas customers across 24,000 square miles.

About Xybernaut Corporation:

Xybernaut Corporation is the leader in providing hardware, software and service solutions to the wearable computing industry. The Company's patented wearable computer allows 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 current customers include leading Fortune 500 companies and government organizations for many mobile knowledge delivery system applications, including installation, maintenance and repair, diagnosis, inspection, inventory control, manufacturing and data collection. Key industries using Xybernaut products include manufacturing, distribution, transportation, government, and insurance. Headquartered in Fairfax, Virginia, Xybernaut has offices and subsidiaries 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 and production 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; Niagara Mohawk

ST: Virginia, New York

IN: CPR UTI

SU:

06/03/99 11:10 EDT prnewswire.com