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NEW NAME REFLECTS WORLDWIDE BUSINESS STRATEGY FOR PARAMAX SYSTEMS CORPORATION, A UNISYS SUBSIDIARY

NEW NAME REFLECTS WORLDWIDE BUSINESS STRATEGY FOR PARAMAX SYSTEMS
 CORPORATION, A UNISYS SUBSIDIARY
 MCLEAN, Va., Feb. 4 /PRNewswire/ -- Paramax Systems Corporation announced that it will operate under its new corporate identity while maintaining its status as a subsidiary of Unisys Corporation (NYSE: UIS). Paramax Systems Corporation was formerly known as Unisys Defense Systems, Inc. The decision to retain the new identity was made by Unisys Corporation following the withdrawal of an initial public offering of Paramax Systems Corporation stock late last year.
 Paramax is one of America's top-10 electronics companies serving the defense and civil government marketplace, with annual sales of more than $2 billion. The company provides advanced integrated systems, electronic products and related professional services that enable its customers to make critical decisions in real time. "Our new corporate identity reflects the strategic positioning of the organization in a worldwide government marketplace," said Frederick F. Jenny, president of Paramax Systems Corporation. "The name Paramax reaffirms our commitment to maximize productive partnerships ('para' means side-by-side) with our many government customers worldwide, including U.S. Department of Defense, other federal agencies (including the departments of Commerce and Transportation, NASA and the U.S. Postal Service), Canada and nations on five continents."
 Paramax Systems Corporation is headquartered in McLean. The company employs more than 16,000 people at more than 100 sites in 23 states and Canada. Its six operating divisions are: Systems Development, Great Neck, N.Y.; Electronic Systems, Eagan, Minn.; Paramax Systems, Canada, Montreal, Quebec; Systems Services, McLean; Communication Systems, Salt Lake City; Tactical Systems, Reston, Va.
 "We plan to maintain our record of profitability by aggressively pursuing business in all of our key markets," said Jenny. "In defense, we will build on long-term customer relationships that have established incumbency in defense markets that will continue to grow, such as C3I, mine hunting technologies, small ship combat systems, and tactical communications. In non-defense, we are focusing on growing markets in air-traffic control, transection processing and weather forecasting technology. Approximately 70 percent of Paramax's business is in the non-platform areas of systems integration and related professional services."
 Paramax's roots in systems integration and defense electronics go back more than 50 years, through Burroughs System Development Corporation and Sperry Corporation. The company was established in 1986, when the defense-related businesses of Burroughs and Sperry joined to become Unisys Defense Systems.
 Paramax is vertically integrated; the company has broad-based capabilities in system design, integration and management; electronic product development and production; and software and technical support services. Paramax has the skills and experience to provide complete life cycle support for systems, products and software. For more than 50 years, Paramax has applied state-of-the-art technology to create mission-critical systems, products and services that help its customers collect, process and manage complex information and make critical decisions in real-time.
 Paramax's advanced integrated systems include systems for combat and fire control; underwater navigation; air defense; airspace management; and military command, control, communications and intelligence.
 Paramax's electronic products designed for integration into systems and for stand-alone applications include the following: militarized and ruggedized computers for shipborne, airborne and ground-based applications; radars for surveillance, weather forecasting, and air-traffic control; jam-resistant wide band data links and microwave communication systems; and displays, network security devices, postal products, signal processors and standard electronic modules.
 Paramax's related professional services include programming and analysis, facilities management, integrated logistics support and training.
 Paramax manages approximately 2,500 contracts, including many large contracts that span five or more years. The company serves as prime contractor on 80 percent of its programs. In 1991, international sales accounted for approximately 20 percent of the company's total revenues.
 -0- 2/4/92
 /CONTACT: William J. Beckham or Laura N. Overstreet of Paramax, 703-847-3353 or 703-847-3375/
 (UIS) CO: Paramax Systems Corp.; Unisys Corporation ST: Virginia IN: CPR SU:


MP -- DC011 -- 6581 02/04/92 10:09 EST
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Date:Feb 4, 1992
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