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Company Interview Excerpt
EDWARD G. NEWMAN - XYBERNAUT CORPORATION (XYBR)


Full article published: 01/03/2000


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TWST: Could you begin by giving us a brief overview of Xybernaut Corp.? Then tell us what you see as your business and company today.
Ms. And they were combinations of expert software to help the repair people isolate the fault of the equipment and digital versions of the repair pubs themselves including photos and videos to help the repair people actually go about the repair or inspection or rebuilding process. It was during those exercises and very professionally completing weapons systems such as the Apache and the M181 battle tank and the F-16 ejection systems and Howitzer's that we observe that a lot of productivity was being wasted by having to repair people, having to go back and forth to a fixed locations, fixed PCs, in order to get data, print outs, and go back and forth, and we said, 'You know, what the world really needs is the way to have access to the technical data with their hands and feet free so you can find and use tools and test equipment.' The only way we saw to be able to meet that objective was to have a whole system you could wear with some kind of head mount or wrist worn display so your hands were free and your eyes were pretty much free to concentrate on the task, and in order for your hands to be using tools to test equipment, they could not be slapping around keyboards and mice. So we needed speech recognition. And obviously you needed a battery, because you had to be self-powered. So what we did was we moved those IETMs out of the libraries and these technical repair shops onto the mechanics. We were able to observe the results. Some senior army generals saw what we were doing, decided it was good, decided to fund our R&D and move into limited pilot programs. We just have gone through about four or five generations now of the computers. We kept all the intellectual property, all the patents for ourselves. I came from a Xerox background, and I realized how important patents were. We had an opportunity to kind of look at the future and try to predict where technology was going to go. You know, everything we figured was going to be smaller, lighter, faster, cheaper. And we envisioned convergence of communications and computing some seven or eight years ago. We've been working at it ever since. So that takes us to where we are now. We've gone through Rockwell as our first major manufacturing partner into Sony (their digital products group). They were our second major partner and we'll probably be announcing our next major manufacturing partner in the near future. As you would expect, the products will be lighter, faster, smaller, cheaper and a convergence of a communications device and a computing device.

 

Tickers included in this excerpt: XYBR

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.