SOURCE: Cray Inc.

Cray Inc.

July 21, 2015 03:01 ET

Cray Returns to Australia's Bureau of Meteorology With New Supercomputer and Storage Contract

SEATTLE, WA--(Marketwired - Jul 21, 2015) - Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced the Bureau of Meteorology in Australia has awarded the Company a contract worth up to $53 million to provide a Cray® XC40™ supercomputer and a Cray Sonexion® 2000 storage system. This further strengthens Cray's leadership position in the global operational weather and climate community as an increasing number of the world's leading centers rely on Cray supercomputers to run their complex meteorological and mission critical models.

With headquarters in Melbourne and offices in each Australian state capital city, the Bureau of Meteorology is Australia's national weather, climate and water agency. Its expertise and services assist Australians to better manage the impacts of their natural environment, including drought, floods, fires, storms, tsunami and tropical cyclones. Through regular forecasts, warnings, monitoring and advice spanning the Australian and Antarctic region, the Bureau provides one of the most fundamental and widely used services of government.

This contract marks a return of Cray systems to the Bureau, which in the past ran its weather models on earlier generation Cray® X-MP™ and Cray® Y-MP® supercomputers. With the Bureau's new Cray XC40 supercomputer, researchers and scientists will have the computational resources to run nearly eight times as many more daily forecasts than their current system with five times the improvement in global model resolution.

"The Bureau of Meteorology produces a wide range of weather forecasts and meteorological services that have significant socio-economic impacts to a vast number of people, and we are honored that a Cray supercomputer will power their models," said Peter Ungaro, president and CEO of Cray. "The amazing amount of data and science embedded in weather and climate models is a great example of how data-driven our world is becoming today. Our vision and experience in helping customers leverage the increased complexity of data-intensive, production-quality supercomputers is a huge part of why the world's leading operational weather and climate centers continue to turn to Cray. We are excited to be back in the Bureau, and we look forward to a long partnership."

Cray XC40 supercomputers are engineered to meet the performance challenges of today's most demanding HPC users. Special features of the Cray XC40 supercomputer include: the industry-leading Aries system interconnect; a Dragonfly network topology that frees applications from locality constraints; optional DataWarp applications I/O flash SSD accelerator technology; innovative cooling systems to lower customers' total cost of ownership; the next-generation of the scalable, high performance and tightly integrated Cray Linux Environment that supports a wide range of applications; Cray's HPC optimized programming environment for improved performance and programmability, and the ability to handle a wide variety of processor types, including Intel® Xeon® processors, Intel® Xeon Phi™ coprocessors, and NVIDIA® Tesla® GPU accelerators.

The Cray Sonexion 2000 storage at the Bureau will be delivered in phases and, all total, will include more than 12 petabytes of high performance storage capacity. Cray's Sonexion storage system combines Cray's Lustre® expertise with a tightly integrated, unique design that allows for maximum scalability and performance. Management and operations are simplified through an appliance design with all storage components including software, storage and infrastructure.

Consisting of products and services, the multi-year, multi-phase contract includes contracted deliverables and options for future deliverables. If the options are exercised as expected, the total contract is valued at about $53 million, net of applicable taxes. The first phase of the contract is expected to be completed in 2016 and if exercised, the second phase is expected to be completed in 2019.

For more information on the Cray XC™ series of supercomputers and Cray Sonexion storage systems, please visit the Cray website at www.cray.com.

About Cray Inc.
Global supercomputing leader Cray Inc. (NASDAQ: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging more than 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of supercomputers and big data storage and analytics solutions delivering unrivaled performance, efficiency and scalability. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to meet the market's continued demand for realized performance. Go to www.cray.com for more information.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements related to the timing of deployment of any system that has been or may be purchased by the Bureau of Meteorology, optional purchases that can be made by the Bureau of Meteorology under the contract and Cray's ability to deliver systems that meet the Bureau of Meteorology's requirements. These statements involve current expectations, forecasts of future events and other statements that are not historical facts. Inaccurate assumptions and known and unknown risks and uncertainties can affect the accuracy of forward-looking statements and cause actual results to differ materially from those anticipated by these forward-looking statements. Factors that could affect actual future events or results include, but are not limited to, the risk that the Bureau of Meteorology does not make optional purchases under the contract, the risk that the systems required by the Bureau of Meteorology are not delivered in a timely fashion or do not perform as expected and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2015, and from time to time in other reports filed by Cray with the U.S. Securities and Exchange Commission. You should not rely unduly on these forward-looking statements, which apply only as of the date of this release. Cray undertakes no duty to publicly announce or report revisions to these statements as new information becomes available that may change the Company's expectations.

Cray, Sonexion and Y-MP are registered trademarks of Cray Inc. in the United States and other countries, and XC40, X-MP, and XC are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

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