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cksla

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Alias Born 03/27/2001

cksla

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Re: None

Tuesday, 04/24/2001 10:39:54 AM

Tuesday, April 24, 2001 10:39:54 AM

Post# of 93814
Chronology of Certain Events
Related to Xybernaut, Inc.

4/1/93
Louis V. Gerstner, Jr. is named chairman and CEO of IBM.[0] At the time IBM’s revenue through partners, excluding PC sales, was in the single digits. “When I got to IBM, it was clear to me that the company had not crossed the cultural chasm to allow us to deal with you on a level of trust that any real partner would expect. So we had to change some things . . . . I had come to IBM with certain biases. One of them was a predisposition towards partnerships -- not as a business necessity, but as a way of life. I was fresh off experiences at two companies that essentially had no direct sales force. Everything moved through third parties. So it was hard for me to imagine doing business any other way.”[1]

4/19/94
U.S. Patent Offices Grants Ed Newman, et al. Patent # 5,305,244 for Hands-free, user-supported portable computer.[2]

1996
“In 1996, [IBM] made some commitments to [it’s partners.] We wrote them down. We called them the Business Partner Charter. [T]he specific commitments were important, but . . . the Charter was really a statement of intent. It was a declaration about a new era of consistency and integrity in our partnerships.”[3]

1996
Xybernaut, Inc. IPOs.

1/21/99
Wearable Computers Cited by Gartner Group as one of ten technologies to watch in 1999 and beyond. Wearable computers will be monitored closely by the manufacturing industry in the next two years, according to Gartner Group forecasts, and then find utility in a number of other industries thereafter'' (i.e. in 2001).[4]

1/99
Federal Express begins pilot project with XYBR “aimed at developing, testing and purchasing the mobile wearable computer best suited to Fed Ex's requirements.”[5]

Spring 1999
IBM conducts initial field trials of 6 wearables, ''Immediately'' goes back to drawing board to design ''deployable'' wearable; IBM then commences second set of field trials testing 100 devices in 12 companies.[6]

7/16/99
Xybernaut announces that it will not extend terms of warrants set to expire on 7/19/99, thereby eliminating 5.8 million shares of possible dilution.[7]

10/28/99
Dyncorp places first large order for wearables - $2.8MM beginning immediately and to be completed by 12/31/00; DynCorp says, ''We see this initial order as the first step in implementing wearable computing technology across a broad spectrum of business applications.''[8]

11/4/99
XYBR announces advanced discussions with IBM ''on a variety of potential joint activities in wearable computing, including production, licensing, development of future generation products, marketing, sales and development of supporting technologies.''[9]

11/9/99
MA IV wins Design and Engineering Award 2000. ''In time there will be as many manufacturers of wearable PCs as there are makers of desktop, laptop or handheld computers,'' said Steve Ditlea, Popular Mechanics. ''But they'll all be building on the accomplishment of the Xybernaut MA IV, which we rate the first PC that's truly ready-to-wear.''[10]

11/15/99
MA IV wins grand price at Japan's Comdex for ''Best PC Product.''[11]

12/2/99
IBM Global Finance extends Xybernaut a $4 million credit facility.[12]

12/20/99
Details emerge on IBM's wearable PC-to be more of a service offering than just a product offering; ''For now, IBM will experiment with specialized vertical markets, such as stock trading, manufacturing and health care, where a wearable PC makes the most sense;'' ''Wireless access to the internet and corporate networks is integral to IBM's plans for the wearable PC and other EON devices;'' EON, per IDC, is ''crucial for IBM to successfully jump-start its beleaguered Personal Systems Group.''[13]

1/1/00
IBM been airing commercial of man in park using wearable. Commercial is shown during major sporting events such as the NFL playoffs, World Series and later the Grammy's. IBM is confirmed to have spent $20,000,000 in first wave of displaying commercial.

March 2000
IBM Field Trials End ''generally considered to be a success by the people who funded them;'' IBM hopes tests will “lead to a product that ultimately satisfies the customer.''[14]

3/30/00
XYBR acquires Selfware in exchange for 400,000 shares of XYBR. CEO of Selfware states at time: ''Our employees and shareholders have enthusiastically aligned themselves with Xybernaut, because we believe strongly in Xybernaut's prospects, market leadership and strong intellectual property position.''

5/12/00
XYBR signs agreement for IBM to design, develop and manufacture the computer portion of Xybernaut's next generation of wearable computer systems.[15]

5/15/00
XYBR & Texas Instruments sign agreement to ''to develop and seek opportunity to market solutions that fully utilize TI DSPs for Xybernaut's mobile computing products.''[16]

8/29/2000
Xybernaut, Inc. listed on NASDAQ.[17]

10/3/00
Bell Canada, IBM Canada and Xybernaut(R) Launch World's First Large-Scale Market Trial of Wearable Computers - ''As IBM extends e-business to all kinds of wireless devices, it is important for us to collaborate with key players in the industry like Bell Canada and Xybernaut,'' said Shahla Aly, Vice President, Telecommunications and Wireless, IBM Canada Ltd. Together we will be at the forefront of implementing wireless mobile computing within Canada.''[18]

11/18/00
At Comdex 2000, George Tatomir of IBM “indicated that IBM believes that wearable computing is ready for prime time, and IBM is also ready to embrace Xybernaut technology as a valuable part of IBM’s international mobile business solutions. He stated that IBM looks forward to working in partnership with Xybernaut . . .. Barring some unforeseeable reversal of fortune, of all the companies this writer saw at Comdex 2000, Xybernaut appears to be the most likely to grab the brass ring as the next household name in computing. The future is there for it to win, or lose.”[19] George Tatomyr, of IBM Corp., stated, ''We believe that 2001 is the kickoff point for wearable PC prominence in the mobile marketplace. We are excited about our relationship with Xybernaut and things are moving extremely well between our two companies.''[20]

11/28/00
Dell Online on Wearables: “Now, the next wave of computing promises to go even further by putting computers in our clothes and on our bodies. ''Wearable computers will play increasingly important roles in people's lives. They offer practical solutions in the workplace and for consumers,'' explains Francine Gemperle, a design researcher at Carnegie Mellon University in Pittsburgh, Pennsylvania, which boasts one of the nation's leading wearable computing labs. Already, says Gemperle, wearables are making waves in an array of industries, including aerospace, automobile manufacturing and the military. And, over the next few years, consumers are likely to use these computers in their cars, on airplanes and while walking down the street.”[21]

Cisco on Wearables: “In the future, wearable computers are likely to rule. Stitched into our clothing or strapped onto our belts, they will put us in touch with our data and other people, anytime, anywhere.”[22]

12/00
XYBR begins to ship $1MM order for use in FedEx Express Aircraft Operations Division.[23]

12/31/00
In FYE 2000, IBM’s revenue through partners grows 20%. Fully one third of IBM’s total revenue of $80+ billion is contributed by business partners. Regarding inventory financing for partners, “Last year it was $28 billion. Our assets in this area grew by more than 30 percent last year. Now, what’s the plan for this year? It’s a plan without a cap. You bring us credit-worthy deals, and you’ll get the funds to support your business and your customers.”[24]

1/8/01
XYBR & Hitachi announce that they will cooperate to explore business opportunities in the field of Wearable Internet Appliances (WIA). “Xybernaut Corporation will assist those companies to explore the business opportunities of WIA. Microsoft Corporation demonstrated the prototypes during 2001 CES at booth number 626.” WIA is expected to cost $1,700.[25]

2/5/01
At IBM's new ''collaboration center'' IBM demonstrated a ''miniaturized wearable PC, currently being OEM’d for Xybernaut. The wearable was linked to an IBM Thinkpad and Net Device over an Ethernet 802.11b wireless LAN. The miniaturized wearable is slated for release in June . . ..''[26]

2/7/01
Speech by Terry Mosey, President of Bell Ontario, to Economic Development Council of Ontario: ''At Bell Ontario, we're experimenting with mobile information by equipping 19 of our service technicians with wearable computers. The big advantage of these devices is that they place complex technical information in the technician's hands right at the service site. This saves time, improves customer service, and ensures that we operate an even higher quality network.''

3/6/01
Ed Newman on panel discussion following opening remarks of John Chambers of CSCO at Global Internet Summit 2001. With Mr. Newman on panel are representatives of Teligent Inc., Metromedia Fiber Network Inc. and Qualcomm Inc.[27]

3/20/01
Waldorf presentation, Bell Canada representative says, ''''Where are we today? My managers were overwhelmed with the excitement . . .. We're very excited, very passionate about what we've seen in the wearable technology. We're excited about where we're going to head with it as well. We're going through our last few rounds of wrap up for our pilot programs, and then we will present it across the entire executive team at Bell Canada and the BCE families. We are getting continuous hits from our different organizations saying, 'boys we want to get on board with this because we see this as being a huge winner.''[28]

4/18/01
USA today article states: ''In May, Xybernaut, IBM and Texas Instruments will unveil a jointly developed wearable computer for commercial use. Perhaps by Christmas, Xybernaut and Hitachi might introduce a consumer wearable computer.'' [29]

Now
XYBR's web page now states that on 5/30-31 ''IBM, Texas Instruments and Xybernaut will use the ICWC 2001 forum to launch the next generation of wearable computing and communicating - the Mobile Assistant V Series.''[30]















--------------------------------------------------------------------------------

[0] http://www.ibm.com/press/prnews.nsf/html/bios_lgerstner.html

[1] http://www.ibm.com/lvg/0227.phtml

[2] http://164.195.100.11/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netah... ,305,244%27.WKU.&OS=PN/5,305,244&RS=PN/5,305,244

[3] http://www.ibm.com/lvg/0227.phtml

[4] http://www.xybernaut.com/public/press_99/pub_prss_60.htm

[5] http://biz.yahoo.com/bw/010403/2173.html

[6] http://www.ecnmag.com/ecnmag/issues/2000/09012000/ec09th02_.asp

[7] http://www.xybernaut.com/public/press_99/pub_prss_34.htm

[8] http://www.xybernaut.com/public/press_99/pub_prss_16.htm

[9] http://www.xybernaut.com/public/press_99/pub_prss_15.htm

[10] http://www.xybernaut.com/public/press_99/pub_prss_13.htm

[11] http://www.xybernaut.com/public/press_99/pub_prss_09.htm

[12] http://www.xybernaut.com/public/press_99/pub_prss_07.htm

[13] http://news.cnet.com/news/0-1006-200-1501451.html?tag=rltdnws

[14] http://www.ecnmag.com/ecnmag/issues/2000/09012000/ec09th02_.asp

[15] http://www.vnunet.com/News/1101184

[16] http://www.xybernaut.com/public/press/pub_prss_24.htm

[17] http://www.xybernaut.com/public/press/pub_prss_36.htm

[18] http://www.bce.ca/en/news/releases/bc/2000/10/03/1661.html

http://www2.software.ibm.com/casestudies/swcsenet.nsf/a4c44ffe1972ddc885256687006a51f7/1a736fd26cddf...

[19] http://www.canadacomputes.com/v3/story/1,1017,4707,00.html?tag=81&sb=122

[20] http://www.electronichouse.com/news112100xybernaut.html

[21] http://www.dell.com/us/en/dhs/browser/article_0011_hip_1.htm

[22] http://www.cisco.com/warp/public/750/iq/gen/new/cut/gen_new_cut_0006/gen_new_cut_0006_4.shtml

[23] http://biz.yahoo.com/bw/010403/2173.html

[24] http://www.ibm.com/lvg/0227.phtml

[25] http://pd.pennnet.com/Articles/Article_Display.cfm?Section=Articles&Subsection=Display&ARTIC...

[26] http://www.zdnet.com/sp/stories/news/0,4538,2681816,00.html

[27] http://www.idg.net/crd_idgsearch_467387.html?sc=66156749_115283

[28] http://www.agoracom.com/agora/nonmemforum/msgreview.asp?id=88248&refid=88242&orig=88242

[29] See also, http://www.localbusiness.com/Story/0,1118,WAS_733408,00.html

http://pqasb.pqarchiver.com/USAToday /

[30] http://www.cvent.com/EventManagement/InvitationTemplates/Center.asp?eCode=iblliriilbiiieblihrilobiiy...

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