Media Contact: Franklin J. Parisi - Hotel Okura, Tokyo Steve Conway (612) 683-7133 Financial Contact: Brad Allen (612) 683-7395 CRAY RESEARCH CEO SAYS JAPAN BUSINESS 'GOOD AND GROWING' Says Company Plans To Launch Newest Product From Tokyo Next Quarter, CEO Carlson Named To Clinton's Export Advisory Committee TOKYO, Japan, December 15, 1994 -- Cray Research, Inc. (NYSE:CYR) chairman and chief executive, John Carlson described the supercomputing company's business in Japan as "good and growing," during a meeting with media today. Carlson, visiting Japan this week to confer with customers and employees, said he hoped that Cray Research Japan (CRJ) would win at least one additional competition for a small system before year-end. Carlson said Cray's business in Japan is "quite strong" and that the company continues to hold the number two position in the market. To date, Cray has 100 systems installed in Japan and has orders in hand for about 13 more to be installed in the next 12 months. Carlson also confirmed that the company plans the worldwide launch of its next generation supercomputer, code named "Triton," from Tokyo during the first quarter of 1995. The system is a next generation parallel vector product that follows the company's successful C90 product line. Details will be announced early in the new year. Carlson also said he was "honored" to be selected by President Clinton to serve on the President's Export Council, a group of business leaders selected to advise the president on export and trade issues. Mr. Carlson's selection to the national council was announced by the White House last week. Cray said it has also nominated Chiba University for a prestigious Computerworld-Smithsonian award in recognition of their exceptional program to advance the utilization of supercomputing through all academic disciplines. The Chiba program utilizes supercomputer training as a way to enhance the quality of education and research in law, economics, medicine, humanities, education, nursing and horticulture in addition to the traditional science, engineering and mathematics disciplines. Winners of the award are announced in the spring in Washington, D.C. Cray Research provides the leading supercomputing tools and services to help solve customers' most challenging problems. ###