Conduant Corp. Signs $1.7 Million Contract with TRW

Conduant Corporation, the leading developer of ultra-fast, long duration recording and playback systems, announced today that TRW Inc. has signed a $1.7 million contract for its real-time recording systems. Conduants disk-based technology will replace older TRW recording technologies.

For Information Contact:        

Mark Walker         
Conduant Corp.
Tel: (303) 485-2721, x105         
mark@conduant.com      

Yvonne Lynott         
Lynott & Associates            
Tel: 1-800-530-5397
(303) 651-1771   
ylynott@lynottpr.com   

For Immediate Release

Conduant Corp. Signs $1.7 Million Contract with TRW

TRW Selects Conduants Ultra-Fast Disk-Based Recorders
to Replace Older Technologies

LONGMONT, Colorado, April 30, 2002 -- Conduant Corporation, the leading developer of ultra-fast, long duration recording and playback systems, announced today that TRW Inc. has signed a $1.7 million contract for its real-time recording systems. Conduants disk-based technology will replace older TRW recording technologies.
TRW is the first major user of Conduants Big River C200, a premium CompactPCI (peripheral component interface) recording system providing seven CompactPCI slots and eight built-in drive bays. The C200 is the first high-speed instrumentation recorder offering cable-less drive integration with Conduants StreamStor technology.
Conduants relationship with TRW further demonstrates that our StreamStor technology is a practical and highly competitive solution for long duration, data intensive applications with sustained recording and/or playback requirements," said Conduants Tom Skrobacz, VP Business Development. TRW is leading a major trend that we see developing as the instrumentation market upgrades from older tape technologies to high-speed, disk-based solutions".
About StreamStor and Big River
Conduants high-speed, disk-based recorders provide long duration digital recording and playback at guaranteed sustained data rates beyond a gigabit/second. Big River Recorders, based on Conduants StreamStor technology, provide fully integrated, rack-mount and portable solutions. Stand alone or combined with commercial off-the-shelf (COTS) digital input/output devices, Conduants recorders provide hours of sustained recording and playback in increments of 200 Mbytes/Sec.
About Conduant
Conduant Corporation, founded in 1996, develops the StreamStor family of PCI and CompactPCI disk controllers for high-speed recording and playback of digital data. Solutions are available in Windows, Linux and VxWorks environments and are used in scientific research, military, aerospace and instrumentation applications. Conduant is a privately held company located in Longmont, Colorado. For more information, visit http://www.conduant.com, email info@conduant.com, or call (303) 485-2721.
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Conduant and StreamStor are trademarks of Conduant Corp, Longmont, Colorado. Other trademarks are the property of their respective owners. Copyright Conduant Corp. 2002