SEATTLE, WA, Jun 27, 2006 (MARKET WIRE via COMTEX News Network) -- Global supercomputer leader Cray Inc. (NASDAQ: CRAYD) today announced that the company's next-generation vector high-performance computing system is scheduled for general availability in the second half of 2007. Code-named "BlackWidow," the new system is part of an evolving heterogeneous processing capability that is the centerpiece of Cray's Adaptive Supercomputing vision.

A follow-on to current Cray vector supercomputers, BlackWidow will achieve superior sustained application performance with faster clock speeds, higher bandwidth and greater scalability. Applications developed for the Cray X1E(TM) system and its predecessor, the Cray X1(TM) system, will port easily to BlackWidow. Vector processing enables breakthrough research in areas such as advanced aircraft design, weather forecasting and climate modeling, internal combustion simulation, structural and fluid analysis and plasma energy.

BlackWidow and Cray XT3(TM)-class supercomputers will use a new scalable infrastructure, called "Rainier" (the initial phase of Cray's Adaptive Supercomputing vision), which provides common input/output processing and system services. This will give customers a uniquely powerful way to combine best-in-class vector and scalar processing power in a more economical and flexible package, avoiding the administrative costs and complexities of having to install and manage separate systems.

"Building on the success of the Cray X1E system, the new BlackWidow supercomputer will give scientists and engineers a powerful computational tool that offers dramatically improved price/performance and enhanced capabilities designed to solve complex problems that are beyond the abilities of cluster systems using commodity processors," said Peter Ungaro, Cray's president and CEO. "The tightly integrated design will allow customers to configure an optimal mix of vector and scalar computing resources in a single supercomputer running the familiar Linux operating system. This will also give our Cray XT3 customers the opportunity to add high-bandwidth, vector capability in small, cost-effective increments."

About Cray Inc.

As the global leader in supercomputing, Cray provides highly advanced supercomputing systems and world-class services and support to government, industry and academia. Cray technology enables 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 will result in 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. There are certain factors that could cause Cray's execution plans to differ materially from those anticipated by the statements above. These include the technical challenges of developing high-performance computing systems, continuation, timing and level of government research and development funding and supercomputer system purchases, reliance on third-party suppliers, successful porting of application programs to new computing systems and Cray's ability to keep up with rapid technological changes. For a discussion of these and other risks, see "Factors That Could Affect Future Results" in Cray's most recent Quarterly Report on Form 10-Q filed with the SEC.

Cray is a registered trademark, and Cray X1E, Cray X1, and Cray XT3 are trademarks, of Cray Inc. All other trademarks are the property of their respective owners.

Media:
Melissa Power
401/454-1314
melissa_power@interprosepr.com
Investors:
Vic Chynoweth
206/701-2094
vic@cray.com

SOURCE: Cray Inc.