Tags: austin tx, chief executive officer, chief operating officer, diversification, holleran, immediate release, innovator, march 19, market share, mobile computing market, notebook line, notebook products, pegatron, product portfolio, quality design, rugged mobile computing, rugged notebook computers, tablet pcs, technology arena, xplore technologies corp,
For Immediate Release
Xplore Announces Agreement with Pegatron to Develop Rugged Notebook Product
Line
Austin, TX (March 19, 2008) Xplore Technologies Corp (OTCBB:XLRTF,
XTSE:XPL), a manufacturer of award-winning rugged tablet PCs, today announced that
it has entered into an agreement with Pegatron Corporation, the multi-billion dollar spin-
off of Taiwan-based ASUS, for design and manufacturing of Xplore's future rugged
notebook products. Xplore's rugged notebook line is expected to be launched later this
year and represents Xplore's entry into the notebook segment of the rugged device
market, which is estimated to be a $1.4 billion market.
"This partnership continues Xplore's commitment to outstanding quality and innovation
in its product lines," said Mark Holleran, President and Chief Operating Officer of
Xplore.
Philip Sassower, Chairman and Chief Executive Officer of Xplore said, "We have
targeted diversification of our product portfolio as a means of obtaining a greater portion
of the rugged mobile computing market and we believe Pegatron is the right partner with
whom to carry out this objective as they are widely recognized for the quality of their
work."
"Pegatron takes great pride in being an innovator in the technology arena," said Jason
Cheng, President and Chief Executive Officer of Pegatron. "We are pleased to work
with Xplore as they prepare to introduce a new line of rugged notebook computers. I
believe together we will create a product that will be welcomed by potential customers."
According to Venture Development Corporation, the entire rugged mobile computing
market is estimated to be approximately $5 billion. "Although Xplore enjoys a
significant market share of the smaller rugged tablet segment of this market, we seek to
penetrate more of the total rugged mobile computing market with products that bring the
same quality, design and function as our line of tablet PCs," Sassower said.
Xplore Technologies Corp. (www.xploretech.com) is engaged in the business of the
development, integration and marketing of rugged mobile wireless PC computing
systems. The Company's products enable the extension of traditional computing systems
to a range of field and on-site personnel, regardless of location or environment. Using a
range of wireless communication mediums together with the Company's rugged
computing products, the Company's end-users are able to receive, collect, analyze,
manipulate and transmit information in a variety of environments not suited to traditional
non-rugged computing devices. The Company's end-users are in markets that include
utility, warehousing/logistics, public safety, field service, transportation, manufacturing,
route delivery, military and homeland security.
Taiwan based Pegatron Corporation, which was created when ASUS
(http://www.asus.com/) split its business into three companies earlier this year, produces
motherboards and OEM PC-related products. Pegatron is the largest of the three
companies following that split. The second division, called Unihan, focuses on chassis
and sub-component manufacturing, while ASUS, the third company, will exclusively
manufacture notebooks and complete computing systems. ASUS, under the name of
ASUSTek Computer Inc., is a company traded on the Taiwan Stock Exchange.
The Toronto Stock Exchange has neither approved nor disapproved the information
contained herein. Xplore is a registered trademark of Xplore Technologies Corporation
of America. All other trade names, marked or not, are the sole property of their
respective owners.
This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ
materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan",
"anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such
statements reflect Xplore's current views with respect to future events and are subject to such risks and uncertainties. Many factors
could cause actual results to differ materially from the statements made including those factors detailed from time to time in filings
made by Xplore with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated or expected. Xplore does not intend and does not assume any obligation to update these
forward-looking statements.
Contact: Bev Jedynak
Martin E. Janis & Company, Inc.
312-943-1123
bjedynak@janispr.com