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CONVEX COMPUTER CORPORATION RELEASES PRELIMINARY SECOND QUARTER RESULTS

 RICHARDSON, Texas, June 25 /PRNewswire/ -- Convex Computer Corporation (NYSE: CNX) announced today that revenue and earnings for the current quarter ending June 30, 1993, will fall below the current estimates of investment analysts. Revenue is expected to be less than $55 million and the company expects to report a loss for the quarter. The company emphasized that these estimates are preliminary and that final results are scheduled to be announced on July 26, 1993.
 "Near-term customer demand continues to be less than expected," said Robert J. Paluck, Convex chairman and chief executive officer. "We are, however, still seeing a significant amount of interest in our products, particularly in the data management and scalable parallel areas. However, the number of new orders we anticipate receiving for shipment this quarter will not be enough to allow us to reach our financial objectives."
 Convex Computer Corporation is a leading worldwide supplier of affordable, high-performance computing technologies. The company markets its products primarily to scientific, engineering, and technical users for a wide variety of applications in areas such as seismic processing, reservoir simulation, computational chemistry, computer- aided engineering, image processing, aerospace simulation, and molecular biology. Convex has sold nearly 1,200 systems to more than 600 customers in 45 countries. The systems are sold and serviced through direct sales and an extensive distribution network.
 -0- 6/25/93
 /CONTACT: Bill Cool, 214-497-4956, or Donna Burke, 214-497-4230, both of Convex Computer Corporation/
 (CNX)


CO: Convex Computer Corporation ST: Texas IN: CPR SU: ERN

TS -- NY005 -- 5593 06/25/93 07:58 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
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