SOURCE: Cray Inc.

March 16, 2006 18:23 ET

Cray Inc. Announces Friday, March 17, 2006 Conference Call

To Discuss Delay in Filing of Form 10-K and Preliminary 2005 Financial Highlights

SEATTLE, WA -- (MARKET WIRE) -- March 16, 2006 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) will host an investor conference call Friday, March 17, 2006 at 8:00 a.m. Eastern Time (5:00 a.m. Pacific Time) to discuss a delay in Form 10-K filing and to discuss preliminary fourth quarter and full-year 2005 financial highlights. The Company plans to issue a press release providing further detail about the Form 10-K filing delay, along with preliminary fourth quarter and full-year 2005 highlights in advance of the scheduled conference call.

Conference Call Information

To access the call, please dial into the conference at least 10 minutes prior to the beginning of the call at 1-800-866-5043. International callers should dial 303-262-2052. To listen to the live audio webcast, go to the Investors section of the Cray website at http://investors.cray.com or to www.streetevents.com. If you are unable to attend the live conference call, an audio webcast replay will be available in the Investors section of the Cray website for 180 days. If you do not have Internet access, a replay of the call will be available by dialing 1-800-405-2236 and entering access code 11056644#. International callers can listen to the replay by dialing 303-590-3000, access code 11056644#. The conference call replay will be available for 72 hours, beginning at 11:00 a.m. Pacific Time on Friday, March 17, 2006.

About Cray Inc.

As the global leader in high performance computing (HPC), Cray provides innovative supercomputing systems that enable scientists and engineers in government, industry and academia to meet both existing and future computational challenges. Building on years of experience in designing, developing, marketing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of HPC systems that deliver unrivaled sustained performance on a wide range of applications. Go to www.cray.com for more information.

Cray is a registered trademark of Cray Inc. All other trademarks are the property of their respective owners.

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