Media: Frank Parisi, 612/683-7130 Financial: Laura Merriam, 612/683-7395 CRAY RESEARCH RESUMES STOCK BUYBACK EAGAN, Minn., August 12, 1993 -- Cray Research, Inc. (NYSE: CYR) will resume purchasing its common shares on the open market under its existing stock repurchase program, the company said today. In January, 1992, Cray announced a repurchase program under which it could acquire up to 1.5 million shares in the open market. The company has acquired about 925,000 of these shares to date. Cray Research creates the most powerful, highest-quality computational tools for solving the world's most challenging scientific and industrial problems. ###