SEATTLE, WA, Jul 26, 2010 (MARKETWIRE via COMTEX) --
Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced it has shipped the first multi-cabinet Cray XE6 supercomputer. This is the beginning of the anticipated shipment of several significant systems to a number of customers over the next few months.
"We are very proud of achieving this important milestone, which is the result of innovation, hard work and a strong commitment from Cray employees company-wide," said Peter Ungaro, president and CEO of Cray. "There is still a lot of work to be done, but shipping the first large Cray XE6 system is a special accomplishment. On behalf of the company, I would like to thank our partners and suppliers, all of our customers who have been working with us through the development process and the United States Defense Advanced Research Projects Agency (DARPA) for their support. Also, I would like to extend a special thanks to our beta-testing partner, the Swiss National Supercomputer Center (CSCS), for their help in getting the Cray XE6 supercomputer ready to meet this major milestone."
Cray shipped a beta-level Cray XE6 system to CSCS in June and, in addition to the multi-cabinet system mentioned above, has also shipped a number of small, test and development systems to additional customers.
Launched in May 2010, the new Cray XE6 supercomputer combines the company's new Gemini system interconnect with powerful AMD Opteron(TM) processors and is designed to bring production petascale computing to a new and expanded base of high performance computing users. Fully upgradeable from a Cray XT5 or Cray XT6 system, the Cray XE6 supercomputer features additional enhancements such as an improved network resiliency, a mature scalable software ecosystem and the latest version of the Cray Linux Environment. This collection of industry-leading features provides Cray XE6 users with a supercomputing system that combines true scalable performance with production reliability.
Although Cray has begun shipping Cray XE6 systems, to obtain revenue and cash from these sales, or any future Cray XE6 deliveries, the company must obtain customer acceptances of the systems typically based on a multi-week process of performance, functionality and reliability testing.
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 our ability to deliver additional Cray XE6 systems over the coming months and obtain revenue and cash from these and other Cray XE6 sales. 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 customer acceptances on Cray XE6 systems are not received when expected or at all, the risk that Cray XE6 systems do not perform as expected or as required by customers, the risk that we are unable to successfully manufacture what for us would be an extremely large number of system cabinets in a relatively short period of time, the risk that the Company is not able to adequately resolve or mitigate potential Cray XE6 product issues known now or that are discovered later and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2010, 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 XE6, Gemini, Cray XT5, Cray XT6 and Cray Linux Environment are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.
SOURCE: Cray Inc.