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The Panda Project named as finalist for "Best of COMDEX/FALL '96" Honor.

BOCA RATON, Fla.--(BUSINESS WIRE)--Nov. 25, 1996--

The Archistrat 4s-NXS Alpha Super Workstation named a finalist

in Byte Magazine's Best of Comdex/Fall `96 Awards

for Systems

The Panda Project's (Nasdaq:PNDA) Archistrat 4s Alpha Super Workstation was named a finalist by Byte Magazine for their Best of COMDEX/Fall `96 Award. The Archistrat 4s Alpha Super Workstation was one of three finalists in the Systems category which included workstation and desktop computers. A total of 35 companies were named as finalists in 12 categories. Winners included Seagate Technology, Microsoft, Netscape and IBM. This year's Comdex/Fall `96 Conference produced by Softbank/COMDEX is estimated to have more than 210,000 attendees and over 2,100 exhibitors.

The Archistrat 4s Alpha Super Workstation is based on DEC's 21164 Alpha microprocessor family which features 366, 433 and 500 Mhz clock rates. The Archistrat is targeted at animation, video and high performance CAD/CAM applications. The system features a 256-bit back plane design which permits easy upgrades of the microprocessor, memory and bridge I/O daughter cards. It also supports up to 12 hard drives, 4 removable drives, 6 PCI slots and up to 512 Mb of memory. The Archistrat can also be configured as an Intel Pentium or Pentium Pro system by simply replacing the processor cards while using the same memory and back plane cards.

Stanford W. Crane Jr., chairman and CEO said, "This is a great honor for The Panda Project to be named a finalist in the Systems Category by Byte Magazine at this year's Comdex Conference. This award recognizes the innovation and value of the Archistrat concept."

By receiving the honor, The Panda Project has received the right to display the Best of Comdex/Fall `96 Finalist logo in their literature and web site.

The Panda Project is a computer technology company based in Boca Raton, which develops, licenses and sells advanced semiconductor, interconnect and computer systems. The Panda Project also has a west coast development facility in San Jose, Calif. For more information, visit Panda's web site at http://www.archistrat.com. -0-

NOTE TO EDITORS: In the World Wide Web address noted in this news release, there is a double slash between http: and www.archistrat.com. These symbols may not appear properly in some systems.

CONTACT: MediaReach Public Relations,

Kathy Adams (East Coast)

561/659-4111

or

Adams & Associates

Jim Burkhardt (West Coast)

408/370-5393
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Publication:Business Wire
Date:Nov 25, 1996
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