November 7, 2001


Contact:	Joseph F. Kruy
Cambex Corporation
(781) 890-6000


CAMBEX CORPORATION ANNOUNCES LETTER OF INTENT TO ACQUIRE SUPER PC MEMORY, INC

Waltham, MA, November 7, 2001 - Cambex Corporation (OTCBB: CBEX), a leading
supplier of memory products and Storage Area Network (SAN) solutions for the
enterprise, and privately-held Super PC Memory, Inc., a provider of memory
products for servers, workstations, and personal computers, today announced
that they have signed a letter of intent that covers the acquisition of all
of the outstanding shares of Super PC Memory by Cambex Corporation.  Under
the terms of the letter of intent, Super PC Memory will become a wholly owned
subsidiary of Cambex.

 	Joseph F. Kruy, Chairman and CEO of Cambex said, "Cambex's broad
product lines in the Storage Area Network and high-end memory marketplace
will be well complemented by the memory products and the excellent sales and
distribution capabilities of Super PC. The synergism between the two
companies and their excellent reputation for quality and customer support are
a winning combination for our customers and our shareholders."

Son Pham, President of Super PC Memory stated, "We are very pleased to become
a part of Cambex Corporation.  Cambex has a history of technological
innovation and unparalleled customer satisfaction in the storage industry.
Combining the high end storage and memory products of Cambex with our current
memory product line will allow our customers to receive total storage and
memory solutions from a single source."

Founded in 1991, Super PC Memory provides memory upgrades to a customer base
that includes resellers, Fortune 1000 corporations, mid-range businesses and
government institutions.  Super PC Memory combines immediate product
availability, in-depth service and support, and quality product upgrades to
achieve a high level of customer satisfaction. Super PC Memory had more than
$20 million in revenue in the last 12 months ending September 30, 2001.  The
company maintains offices in Irvine, California and Westminster, Colorado.

The terms of the letter of intent were not disclosed.  The closing of the
transaction is subject to the execution of a definitive agreement between the
parties, approval by their respective Boards of Directors, and the
satisfactory completion of due diligence and other conditions.  The companies
expect that the transaction will close by the end of 2001.

ABOUT CAMBEX CORPORATION
Cambex, headquartered in Waltham, Ma has been supplying high-performance,
high-availability storage and memory solutions for over 30 years.  The
company's solutions include Fibre Channel infrastructure products and disk
array systems for building heterogeneous storage area networks as well as
memory for enterprise servers.  Cambex products have been installed in over
1000 data centers worldwide.  Cambex can be reached at (781) 890-6000 or on
the World Wide Web at www.cambex.com.

ABOUT SUPER PC MEMORY, INC
Super PC Memory, Inc., headquartered in Irvine, California has been supplying
high quality memory upgrades for over 10 years.  Super PC Memory's products
today include memory upgrade solutions for servers, routers, workstations,
desktop PCs, notebooks, and printers.  Super PC Memory can be reached at
(303) 427-2600 or on the World Wide Web at www.superpc.com.

	Forward-looking statements are made in this release pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that all forward looking statements are subject
to risks and uncertainties, including, without limitation, the timing of new
announcements or product introductions by the Company and its competitors,
the hiring and retention of key employees, competitive pricing pressures,
dependence on third parties for components and products, general economic
conditions in the United States and international markets, and the risk
factors detailed from time to time in the Company's periodic reports and
registration statements filed with the Securities and Exchange Commission.