SEATTLE, WA, Nov 21, 2006 (MARKET WIRE via COMTEX News Network) -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) announced today
that it has been awarded a $250 million agreement from the U.S.
Defense Advanced Research Projects Agency (DARPA). Under this
agreement, Cray will develop a revolutionary new supercomputer based
on the company's Adaptive Supercomputing vision, a phased approach to
hybrid computing that integrates a range of processing technologies
into a single scalable platform.
"This is a great day for Cray and the worldwide supercomputing
community," said Peter Ungaro, Cray's president and CEO. "The DARPA
HPCS program is an important force that is shaping the future of HPC
and the entire computer industry. With this Phase III award, DARPA
has recognized Cray as a leading innovator with the technology,
vision and expertise required to deliver world-class, revolutionary
DARPA introduced the High Productivity Computing Systems (HPCS)
program to facilitate development of the next generation of
supercomputers for the national security, research, and industrial
user communities. Cray's HPCS development program, code-named
"Cascade," will produce a system with exceptional programmability,
portability and robustness -- capable of scaling to unprecedented
levels of sustained performance on real applications.
Under the Cascade program, Cray will develop a new hybrid system
architecture that combines multiple processor technologies, a new
high-performance network and an innovative adaptive software layer
into a single integrated system. Designed to efficiently scale to
large numbers of processors, the system will maximize productivity
and performance by automatically matching the most effective
processor technology to each application.
Over the course of the contract, Cray will incorporate elements of
the Cascade program into commercially available products, including
the peak-petaflops supercomputer, code-named "Baker," that will be
delivered to the Department of Energy's Oak Ridge National Laboratory
(ORNL). In addition, ORNL will be one of Cray's Phase III partners,
focused around scaling from both the systems perspective and the
performance of key applications.
"High productivity computing is a key technology enabler for meeting
our national security and economic competitiveness requirements,"
noted Dr. William Harrod, DARPA program manager, in the DARPA press
release announcing the Phase III award. "High productivity computing
contributes substantially to the design and development of advanced
vehicles and weapons, planning and execution of operational military
scenarios, the intelligence problems of cryptanalysis and image
processing, the maintenance of our nuclear stockpile, and is a key
enabler for science and discovery in security-related fields."
"DARPA has an enduring history of facilitating breakthrough
innovations in the computing industry that ultimately have improved
our lives," said Steve Scott, Cray's chief technology officer and
technical lead for the Cascade program. "From the evolution of the
Internet to the development of VLSI technology that fueled the
silicon revolution, DARPA's support of advanced technology
development has been unwavering. The HPCS program is another example
of DARPA's commitment to invest in breakthrough technologies."
Cray's Cascade program will exploit the technological expertise of a
variety of industry-leading partners in areas such as software tools
and compilers, file systems, and storage. In addition, Cray will
leverage AMD Opteron(TM) and HyperTransport(TM) technologies from
Cray's long-standing strategic partner, Advanced Micro Devices, Inc.
"Cray has consistently demonstrated leadership in developing truly
innovative solutions, focused on meeting the most demanding needs of
its customers," said Hector Ruiz, Chairman and CEO of AMD. "The
success of Cray systems based on AMD processors shows that our two
companies can meet very aggressive performance goals, solve daunting
engineering problems, and more importantly, develop solutions that
can change the face of our world."
The DARPA Phase III award provides milestone-based funding for the
effort, which extends through 2010. In addition to DARPA's
contribution, Cray and its partners will also make substantial
investments in the Cascade program.
Conference Call Information
Cray will host a conference call tomorrow, Wednesday, November 22, at
10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) to discuss the DARPA
HPCS contract award. To access the call, please dial into the
conference at least 10 minutes prior to the beginning of the call at
800-218-4007. International callers should dial 303-262-2194. To
listen to the live audio webcast, go to the Investors section of the
Cray website at http://investors.cray.com or to www.streetevents.com.
If you are unable to attend the live conference call, an audio
webcast replay will be available in the Investors section of the Cray
website for 180 days. If you do not have Internet access, a replay
of the call will be available by dialing 800-405-2236 and entering
access code 11077659. International callers can listen to the replay
by dialing 303-590-3000, access code 11077659. The conference call
replay will be available for 72 hours, beginning at 1:00 p.m. Pacific
Time on Wednesday, November 22, 2006.
About DARPA and the HPCS Program
The Defense Advanced Research Projects Agency is the central research
and development organization for the Department of Defense (DoD). The
agency manages and directs selected basic and applied research and
development projects for DoD, and pursues research and technology
where risk and payoff are both very high and where success may
provide dramatic advances for traditional military roles and
missions. The High Productivity Computing Systems program aims at
providing a new generation of cost-effective, scalable, productive
systems for national security and industrial users. The first two
phases of HPCS were devoted to critical concept studies and
assessments, preliminary research and development, and risk reduction
engineering activities. Phase III will involve a development and
demonstration effort over four years. Go to www.darpa.mil for more
About Cray Inc.
As a 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. Among
these are the extreme technical challenges and risks inherent in
developing leading-edge, high-performance computing systems,
including potential delays in development projects; reliance on
third-party suppliers including possible delays in availability of
qualified parts from suppliers; dramatic changes in technology and
competition; timing and level of government funding; timing of and
successful porting of application programs to new computing systems;
market adoption of resulting products, and successful passing of
acceptance tests. In addition, the program will increase Cray's human
resources and financial challenges. 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 of Cray Inc. Opteron is a trademark of
Advanced Micro Devices, Inc. HyperTransport is a licensed trademark
of the HyperTransport Technology Consortium. All other trademarks are
the property of their respective owners.
SOURCE: Cray Inc.