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CONTROL DATA SYSTEMS RECEIVES RUSSIAN PAYMENT FOR COMPUTER CONTRACT

CONTROL DATA SYSTEMS RECEIVES RUSSIAN PAYMENT FOR COMPUTER CONTRACT
 ARDEN HILLS, Minn., Nov. 11 /PRNewswire/ -- Control Data Systems, Inc. (NASDAQ: CDAT) announced today it has received a $20.4 million payment as part of an original contract with Russia's Research & Development Institute of Power Engineering (RDIPE) for six computers to monitor and improve safety at nuclear power plants.
 Financing for the Control Data nuclear safety project was arranged by The Bank of New York to Russia's Vneshekonombank and guaranteed by the Export-Import Bank of the United States (Exim Bank). The Control Data project was part of a package of loan agreements signed by the Exim Bank in August, marking the first time since 1974 the Exim Bank has extended loan guarantees to the former Soviet Union.
 Russia's RDIPE purchased six CYBER mainframe computers from Control Data in an effort to monitor and improve the safety of civilian nuclear power plants
following the Chernobyl accident. In August 1990, the


U.S. government approved an export license for the Control Data computers. At that time, the mainframes were the most powerful computers ever approved for Russia. Control Data received an initial payment for the contract, but subsequent payments were delayed because of political upheaval in the former Soviet Union.
 "U.S. and Russian government and financial agencies have diligently worked to finalize financing for this agreement," said Jim Ousley, president and chief
executive officer of Control Data Systems. "The


Control Data nuclear safety project is a fine example of U.S. and Russian government cooperation to promote technology exchange to solve global problems. We are hopeful this is the beginning of additional opportunities for technology cooperation agreements with Russia and the other Commonwealth Republics."
 Control Data Systems, Inc. integrates high-performance computer solutions for technical markets and for managing large, complex databases and communications networks in government and commercial markets. The company is located in Arden Hills, Minn., and does business in 40 countries worldwide. Control Data's major strategic partners include Silicon Graphics, Inc.; NEC Corporation; SDRC; and Volkswagen.
 -0- 11/11/92
 /CONTACT: Charlotte Fransen of Control Data Systems, 612-482-4857/
 (CDAT) CO: Control Data Systems, Inc. ST: Minnesota IN: CPR SU:


DS -- MN004 -- 9847 11/11/92 15:47 EST
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Publication:PR Newswire
Date:Nov 11, 1992
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