Xybernaut Appoints Noritsugu Yamaoka, Former IBM Executive, to Board of Directors.
Business Editors/High-Tech Writers
FAIRFAX, Va.--(BUSINESS WIRE)--March 11, 2003
Independent Director Brings 30-years of Experience in International Business and Technology Development to Xybernaut
Xybernaut(R) Corporation (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :XYBR XYBR Xybernaut Corp (stock symbol) ) today announced the appointment of Noritsugu Yamaoka as an independent member of the Company's Board of Directors.
Yamaoka, whose career includes more than three-decades with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , has largely been focused on international business and computing technology development. Yamaoka continues to serve as a senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor. to IBM.
As General Manager from 1994 - 2002 for IBM Technology Market Development, Yamaoka concentrated on Sales and Marketing of vital IBM technologies including semiconductors, processors, inter-connect panels, storage, displays, servers, tape technologies and others.
Additionally, as General Manager Yamaoka was responsible for key technology alliances with major Japanese technology companies such as Hitachi, Toshiba, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).
NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Fujitsu, Sony, Matsushita, Kyocera, Nintendo, Canon, and others.
During Yamaoka's tenure as General Manager of IBM Technology Market Development, revenues for that division grew by more than 40% per year, culminating in sales of $1.5 billion (USD USD
In currencies, this is the abbreviation for the U.S. Dollar.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ).
Yamaoka also brings extensive experience in corporate re-engineering, manufacturing, product development, sales support and channel management.
Yamaoka, who speaks fluent Japanese and English, began his career as an engineer. He holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Electronics Communication from Waseda University (Tokyo, Japan) and completed advanced degree coursework at Syracuse University (SIS) and the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. (Business Administration).
"We are very fortunate to add Noritsugu's experience and business acumen to our board and we look forward to leveraging his extensive network and learning from his decades of international business success," said Edward Newman, chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Xybernaut. "Noritsugu's appointment, together with the recent appointment of Ambassador Marc Ginsberg, strengthens our board with the addition of two accomplished independent directors."
Xybernaut Corporation is the leading provider of wearable/mobile computing hardware, software and services, bringing communications and full-function computing power in a hands-free design to people when and where they need it. Headquartered in Fairfax, Virginia, Xybernaut has offices and subsidiaries in Europe (Germany) and Asia (Japan). Visit Xybernaut's Web site at www.xybernaut.com.
Xybernaut, the Xybernaut logo and Mobile Assistant(R) V (MA(R) V) are trademarks or registered trademarks of Xybernaut Corporation in the USA and other countries. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.
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