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Cray to Add Intel Xeon Phi Coprocessors to Its Next-Generation "Cascade" Supercomputer

SEATTLE, WA and HAMBURG, GERMANY, Jun 18, 2012 -- At the 2012 International Supercomputing Conference in Hamburg, Germany, global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced that the Company's next-generation supercomputer code-named "Cascade" will be available with Intel Corporation's (NASDAQ: INTC) new Intel® Xeon® Phi™ coprocessors. The Intel Xeon Phi product family is based on Intel's Many Integrated Core (Intel® MIC) architecture, which is designed for highly parallel workloads.

"The Cascade supercomputer will be the result of the most ambitious R&D program Cray has ever embarked on, and our next-generation system is now made even more compelling with today's exciting announcement that the Cascade system will be available with the Intel Xeon Phi coprocessors," said Peg Williams, Cray's senior vice president of high performance computing systems. "Intel's MIC architecture features a strong balance of performance, programmability and power efficiency, and combining the Intel Xeon Phi coprocessors with the innovative supercomputing technologies we are incorporating into Cascade, will allow us to provide our HPC customers with a supercomputer that is unmatched for balance, scalability, reliability and price/performance on real-world applications."

Cray's next-generation Cascade supercomputer, which is expected to be available in the first half of 2013, is the next step in Cray's Adaptive Supercomputing vision. The system will feature a continuing evolution of the Cray Linux Environment, Cray's HPC-optimized programming environment, and the next-generation system interconnect, codenamed "Aries". Cascade will be able to handle a wide variety of processor types, including Intel® Xeon® processors E5-2600 product family -- a first for Cray's high-end systems -- and now the Intel Xeon Phi coprocessor, further extending the flexibility of Cray supercomputers.

"The Intel Xeon Phi coprocessor is optimized to deliver the highest levels of parallel performance, and the combination of Cray's next-generation Cascade supercomputer paired with Intel processors and coprocessors will provide a powerful resource for HPC users," said Raj Harza, Intel VP and general manager of Technical Computing Group. "Cray's Cascade system will feature highly innovative HPC technologies, and we are excited that our collaboration with Cray will enable researchers and scientists to achieve breakthrough innovations and discoveries."

A number of leading HPC centers have already signed contracts with Cray to purchase Cascade systems. In October 2010, Cray announced it had signed a contract with the University of Stuttgart to provide a Cascade system to the High Performance Computing Center Stuttgart (HLRS) in Germany. In December 2011, Cray announced it was awarded a contract to provide a Cascade supercomputer to the Academic Center for Computing and Media Studies (ACCMS) at Kyoto University in Kyoto, Japan.

The Cascade supercomputer is made possible in part by Cray's participation in the Defense Advanced Research Project Agency's (DARPA) High Productivity Computing Systems program.

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 its product development plans, including the timing of availability of the Cray Cascade system that includes the Aries interconnect and Intel processors described in this press release, the sales prospects of the Cray Cascade system and the ability of the Cray Cascade system to perform as expected. 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 is not able to successfully complete its planned product development efforts related to the Cray Cascade system or to ship the Cray Cascade system when expected or at all, the risk that Cray Cascade systems do not perform as expected or as required by customers, the risk that Cray will not be able to sell Cray Cascade systems as expected, the risk that Intel processors planned for the Cray Cascade system are not available when expected and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2012 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 Cascade 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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