SOURCE: Cray Inc.

Cray Inc.

March 03, 2009 07:30 ET

Cray Forms New Subsidiary in India

SEATTLE, WA--(Marketwire - March 3, 2009) - Global supercomputer leader Cray Inc. (NASDAQ: CRAY) has formed a new wholly-owned subsidiary in India aimed at strengthening its presence in that country's growing High Performance Computing (HPC) marketplace.

"The senior management at Cray has felt for some time that the company needed to expand its footprint in India to provide a strong, local presence for our customers," said Andrew Wyatt, vice president, Cray Asia Pacific. "The country's HPC market is of rising importance, and establishing a new subsidiary allows us to seamlessly deliver our supercomputing expertise to both new and existing Cray customers in India."

Located in New Delhi, Cray Supercomputers (India) Private Limited will focus on sales and sales support activities and will work both independently and through Cray's resellers and sales agents in the country. With its corporate headquarters in Seattle, Washington and research and development facilities in Seattle; Austin, Texas; Mendota Heights, Minnesota; and Chippewa Falls, Wisconsin, Cray is expanding its global expertise in designing, developing, marketing and servicing the world's most advanced supercomputers.

About Cray Inc.

As a global leader in supercomputing, Cray provides highly advanced supercomputers and world-class services and support to government, industry and academia. Cray technology enables scientists and engineers to achieve remarkable breakthroughs by accelerating performance, improving efficiency and extending the capabilities of their most demanding applications. Cray's Adaptive Supercomputing vision will result in innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today's limitations and meeting the market's continued demand for realized performance. Go to www.cray.com for more information.

Cray is a registered trademark of Cray Inc. All other product and service names mentioned herein are the trademarks of their respective owners.

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