Quadrics Ltd., the global leader in high speed interconnect technology products for High Performance Computing (HPC), today announced the establishment of its in North American operations. Quadrics Inc. is a fully owned subsidiary of Quadrics Ltd. Cristoforo Romanelli is Chairman and CEO of the company (Managing Director of Quadrics Ltd).

Quadrics' interconnect products are used primarily in Linux supercomputer clusters. Quadrics products run on RedHat and SuSE Linux as well as a number of vendor specific variants. Linux supercomputer clusters, using Quadrics interconnects are used by research institutions, universities and corporations for advanced scientific research.

Quadrics Inc. has been established in the U.S. to support Quadrics' revenue growth plan in the most important market for HPC cluster solutions and to provide sales support services to North American OEM Partners and Customers. The Company will lead business development and marketing programs to promote Quadrics value proposition during the technology purchase cycle.

Quadrics Inc. technical staff will enable Quadrics to provide �round-the-clock� support to its U.S. customer base and support the growing network of system integrators in design, installation and support of Quadrics cluster solutions. The company�s main office is located in San Jose, California, to be closer to the concentration of HPC end users and system integrators in the U.S.

The creation of Quadrics Inc. is aligned with the investment in development that contemplates also the creation of new R&D laboratories for new lines of products. The outcome is expected to be ready in the future months with the launching of new products.

"We want to be closer to our customers and be ready to explain the benefits they can get by implementing a Quadrics solution," commented Cristoforo Romanelli, CEO of Quadrics Inc.

For more information please contact:
Quadrics Inc.v
2290 North First Street - suite 209A
San Jose, CA, 95131
Tel +1-408-955-0853
Fax +1-408-955-0153
Email: info_usa@quadrics.com

ABOUT QUADRICS

Quadrics (www.quadrics.com) is a leading supplier and developer of high performance networking products and software for massively parallel systems. Quadrics has its HQ in the UK and local presence in the US, China and Italy. Quadrics Ltd. is fully owned by Alenia Aeronautica, one of Europe's leading corporations and part of the Finmeccanica Group (www.finmeccanica.com). The world�s leading vendors and system integrators as well as major supercomputing centers such as Pittsburgh Supercomputer Center, Lawrence Livermore National Laboratory, Los Alamos National Laboratory, Pacific Northwest National Laboratory and Sandia National Laboratory have selected Quadrics.

ABOUT ALENIA AERONAUTICA

Alenia Aeronautica, a Finmeccanica company, is a European leader in aeronautics and a trusted partner to the world�s leading aerospace companies. Headquartered in Rome, Alenia develops and integrates innovative military and civil aeronautical systems, from design and production to maintenance. Its activities are comprised of combat aircraft, military transport aircraft, mission systems, commercial aircraft (regional and aerostructures), modification and overhaul. In 2003, Alenia reported a value of production of 1,188 million Euro, a backlog of 3,898 million Euro and orders of 1,373 million Euro. The total workforce is 8,680.

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