CONVEX INCREASES SHIPMENTS OF C3 SUPERCOMPUTERS
CONVEX INCREASES SHIPMENTS OF C3 SUPERCOMPUTERS RICHARDSON, Texas, Jan. 9 /PRNewswire/ -- Customer shipments of
Convex Computer Corporation's (NYSE: CNX) new C3800 and C3400 supercomputers continued to increase during the recently completed fourth quarter of 1991, company officials announced today.
Since the systems were introduced in May, the company has sold and shipped seven of its high-performance C3800 supercomputers, the world's first supercomputer to be fully implemented with gallium arsenide (GaAs) semiconductor technology. Five of the shipments occurred in the fourth quarter. The company also announced it has sold and shipped 33 C3400 supercomputers, air-cooled systems targeted at multi-user, departmental engineering environments. Convex is recognized as the world's leading supplier of departmental supercomputers. Fourth quarter deliveries included 23 of those systems. Fourth quarter financial results reflecting these shipments are expected to be in line with securities analysts' expectations. Convex plans to formally release its fourth quarter results on Jan. 31, 1992. Convex Computer Corporation, a leading supplier of air-cooled supercomputers worldwide, 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, which is listed on the NYSE with the symbol CNX, has sold more than 950 systems to over 530 customers in 40 countries. The systems are sold and serviced through direct sales and an extensive distribution network. -0- 1/9/92 /CONTACT: Donna Burke, 214-497-4230, or Mary Dudley, 214-497-4109, both of Convex Computer Corporation/ (CNX) CO: Convex Computer Corporation ST: Texas IN: CPR SU: PS -- NY088 -- 8449 01/09/92 17:47 EST
|Printer friendly Cite/link Email Feedback|
|Date:||Jan 9, 1992|
|Previous Article:||NEW YORK STOCK EXCHANGE CLOSING, THURSDAY, JAN. 9 /PRN/|
|Next Article:||HORIZON HEALTHCARE COMMENTS ON MARKET ACTIVITY|