Cambex Announces Migration Program for Its FibreQuik Fibre Channel Host Bus Adapter Cards.

WALTHAM, Mass.--(BUSINESS WIRE)--June 28, 1999--

Cambex FibreQuik(TM) MC1000 Micro Channel-to-Fibre Channel Host Bus

Adapter Customers can Migrate to PCI Host Bus Adapters at No Cost

Cambex Corporation (OTC BB:CBEX) announced today that it will offer a Fibre Channel adapter card exchange program for users who want to migrate from Micro Channel to PCI-based IBM RS/6000s and who purchase the Company's FibreQuik MC1000 Micro Channel-to Fibre Channel host bus adapter (HBA). The FibreQuik MC1000 is the industry's only 100 MB per second Fibre Channel HBA for the Micro Channel bus architecture enabling the implementation of Storage Area Networks (SANs) with all RS/6000 workstations and servers. Cambex customers who purchase the FibreQuik MC1000 can exchange the HBA at no cost for Cambex's FibreQuik PC1000 PCI-to-Fibre Channel HBA. This provides the ultimate in investment protection for users who may want to migrate to newer PCI-based RS/6000s or Windows NT servers in the future.

Fibre Channel enables servers to substantially expand the size, speed and scalability of shared storage pools through Storage Area Networks. In addition, cabling distances, device attachment options, capacity upgrading, systems reliability and large-scale deployment alternatives are significantly increased as Fibre Channel supports the attachment of numerous devices at distances up to 10 kilometers in a variety of configurations and to a variety of hosts and servers. FibreQuik adapters provide industry leading performance making them an ideal solution for high-end server, online transaction processing, data warehousing, video post production, and SAN applications. FibreQuik HBAs, supporting Fibre Channel data transfer rates of 100 MB/sec, operate two to five times faster than the SCSI interfaces used in most storage servers today.

"Cambex has optimized its FibreQuik AIX software drivers and hardware to provide a Fibre Channel solution for the IBM environment with the best price/performance in the industry. Cambex developed Alternate Channel Failover(TM) (ACF) software for use with the FibreQuik adapters provides superior performance and availability in mission-critical AIX environments. ACF along with two FibreQuik adapters in each host server provides full data availability in the event of an adapter, cable, or RAID controller failure. In addition, with dual Fibre loops in a Fibre Channel disk array the Fibre Channel data rate can be effectively doubled to 200 MB/sec." stated Peter Kruy, Executive Vice President of Cambex.

Cambex has also reduced the list price of the FibreQuik MC1000 by approximately 30% to $3,495. The price reduction is effective immediately. The migration offer is effective for all FibreQuik MC1000 adapter cards. To exchange a FibreQuik MC1000 for a FibreQuik PC1000, the customer simply contacts Cambex or one of its authorized resellers for a FibreQuik Exchange Form. Since the FibreQuik PC1000 utilizes an industry standard Gigabit Interface Converter (GBIC) module for its physical link connection, the purchase of a copper or optical GBIC is required.

"Cambex is committed to providing its customers with leading-edge Storage Area Networking solutions at the best possible price points. Our FibreQuik Fibre Channel host bus adapters provide outstanding performance, availability and connectivity for IBM AIX and Windows NT users. With our new 'no-cost' Micro Channel to PCI migration offering and reduced list pricing for the MC1000, the deployment of RS/6000s into SANs becomes an even more attractive and cost-effective option," said Kruy.

Cambex, headquartered in Waltham, MA, has been a leader for 30 years in the design and manufacture of memory and direct access storage systems for IBM and other processors. The Company's products today include Fibre Channel connectivity products and disk array systems for building heterogeneous Storage Area Networks (SANs) as well as memory for IBM, SUN and HP enterprise servers. Cambex's products are installed in over 800 mainframe and open systems data centers worldwide. Cambex can be reached at 781-890-6000, or on the World Wide Web at www.cambex.com. FibreQuik is a trademark of Cambex Corporation; other trademarks are the properties of their respective holders.

Forward looking statements are made in this release pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward looking statements are subject to risks and uncertainties, including, without limitation, the timing of new announcements or product introductions by the Company and its competitors, the hiring and retention of key employees, competitive pricing pressures, dependence on third parties for components and products, general economic conditions in the United States and international markets, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission.