SOURCE: Cray Inc

Cray Inc

June 21, 2011 03:05 ET

GE Global Research Acquires a Cray Supercomputer

SEATTLE, WA--(Marketwire - Jun 21, 2011) - Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced the company has sold a Cray XE6m supercomputer to GE Global Research, the technology development arm for the General Electric Company (NYSE: GE). The new Cray XE6m supercomputer will be used to support simulation-based engineering and science across the various disciplines at GE Global Research. The Cray system will give GE Global Research the ability to run more complex simulations in order to explore multi-physics challenges, gain higher fidelity insights and pursue areas of science and product development that could not be simulated using standard commodity clusters.

The Cray XE6m system, the midrange version of the Cray XE6 supercomputer, is optimized to support scalable application workloads in a cost-effective system. With a flexible, scalable and performance-optimized Cray Linux Environment, Cray XE6m users can leverage an operating system that makes it easier for a wide variety of applications to benefit from superior scalability. With Cray's Cluster Compatibility Mode (CCM), Cray XE6m customers also benefit from the streamlined installation of a broad set of independent software vendor (ISV) applications.

High performance computing resources are being used to support more highly sophisticated computational simulation and modeling experiments that will enable industrial companies like GE to take product development to the next level. The sale of a Cray XE6m system to GE Global Research marks another significant step in a return to the manufacturing segment for Cray.

"It is clear that scalable supercomputing is extremely important to GE Global Research, and we are very pleased that this highly-respected organization has added a Cray XE6m system to its portfolio of HPC services," said Barry Bolding, vice president of Cray's product division. "The addition of GE Global Research to our HPC customer base is reflective of Cray's early history, dating back to Cray Research, when our company had a strong commercial and manufacturing market presence. We have worked hard over the last few years to design, develop and introduce new lines of supercomputing systems, such as the Cray XE6m, that have the features, functions and reliability that is demanded by customers in the manufacturing space. We are excited that GE Global Research has turned to Cray and we are honored to have them as a flagship customer."

The Cray XE6m builds on the reliability and scalability of the high-end Cray XE6 supercomputer and uses the same proven petascale technologies. The Cray XE6m system includes features found in the high-end Cray supercomputers, such as Cray's Gemini interconnect, the latest version of the Cray Linux Environment and powerful AMD Opteron processors. The Cray XE6m system is designed to maintain an attractive cost of ownership and extend Cray's presence in market segments that have needs for midrange supercomputing systems, such as the university, manufacturing, weather and life sciences communities. Fully upgradeable from previous generation Cray XT5m and Cray XT6m systems, the Cray XE6m supercomputer is also designed to give customers the ability to upgrade to future Cray systems and technologies.

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 is designed to enable 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 is focused on delivering 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.

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 Cray's ability to extend its presence in market segments such as the manufacturing market segment. 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 Cray will be unable to expand the market for its midrange supercomputers or penetrate market segments such as the manufacturing market segment as expected or at all, and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2011, 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 is a registered trademark of Cray Inc. in the United States and other countries, and Cray XE6m, Cray XE6, Cray Linux Environment, Gemini, Cray XT5m and Cray XT6m are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

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