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Cray Selected to Provide a Supercomputer to Kyoto University's Academic Center for Computing and Media Studies

SEATTLE, WA, Nov 29, 2011 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced that the company has been selected to provide a new supercomputer to the Academic Center for Computing and Media Studies (ACCMS) at Kyoto University in Kyoto, Japan. Cray has been chosen to deliver a 300-teraflops Cray XE6 supercomputer in 2012 and a 400-teraflops next-generation Cray supercomputer code-named "Cascade" in 2014.

The new Cray system at Kyoto University will be operated by researchers and engineers at the ACCMS, which conducts research and development related to the advanced use of information technology infrastructure and information media. ACCMS has four research departments for networking, multimedia oriented educational computer systems, academic digital contents, and supercomputing. ACCMS will use its new Cray supercomputer for large applications that require high levels of performance and scalability, meeting the demanding needs of not only the University, but also of the nation-wide educational and research institutes and the thousands of users in them.

"Our center is focused on advanced research and education, and we are pleased to be able to provide our nation-wide academic users with the innovative computational resources of the Cray XE6 supercomputer," said Professor Hiroshi Nakashima, director of the Academic Center for Computing and Media Studies. "The mission of ACCMS is not only to apply direct research products and advanced technologies obtained through research to the infrastructural and multimedia IT systems in Kyoto University, but also to provide them to the nation-wide academic community with which we pursue collaborative research. Cray's advanced supercomputing technology will play an integral role in support of our mission."

"Kyoto University is highly regarded by the Japanese academic community for its supercomputing leadership, and we are honored that we have been selected to provide a Cray XE6 supercomputer to what is one of the country's prestigious supercomputing centers," said Mamoru Nakano, president of Cray Japan. "This is significant for our company on several fronts. Cray is the first non-Japanese supercomputer vendor chosen to be a prime contractor and supplier to one of Japan's seven major national universities, and Kyoto University will give Cray its first order for a Cascade system in Asia. This is an exciting moment for us, and we are pleased to be working with such a highly respected customer."

The Cray XE6 supercomputer combines Cray's Gemini system interconnect with powerful AMD Opteron(TM) processors and is designed to bring production petascale computing to a new and expanded base of HPC users. Fully upgradeable from the Cray XT5 and Cray XT6 line of supercomputers, the Cray XE6 system delivers improved interconnect performance and features additional enhancements such as improved network resiliency, a mature and scalable software environment and the ability to run a broad array of ISV applications with 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.

Cray's next-generation Cascade supercomputer will feature a continuing evolution of the Cray Linux Environment, Cray's HPC-optimized programming environment, a next-generation interconnect chipset follow-on to Gemini and support for future Intel(R) Xeon(R) processors. The Cascade supercomputer is made possible in part by Cray's participation in the Defense Advanced Research Projects Agency's (DARPA) High Productivity Computing Systems program.

The Cray XE6 supercomputer is expected to go into production in the first half of 2012. The second phase of the contract, the delivery of the Cascade system, is expected to be completed in 2014. While Cray has been selected to provide these systems to the ACCMS, Cray and Kyoto University have not yet finalized the contract for the procurement of these systems and the purchases remain subject to the parties' ability to finalize the contract.

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 secure the deal with Kyoto University and Cray's ability to deliver the systems for Kyoto University when required and that meet Kyoto University's needs. 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 and Kyoto University will not be able to complete the contract for the purchase of the systems required by Kyoto University when expected or at all, the risk that the systems required by Kyoto University are not delivered in a timely fashion or do not perform as expected, the risk that Cray is not able to successfully complete its planned product development efforts or to ship the Cascade system within the planned timeframe or at all, the risk that the Cascade system will not have the features or performance currently planned and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended September 30, 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 XE6, Cascade, 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.

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