SEATTLE--(BUSINESS WIRE)--July 29, 2004--Global supercomputer
leader Cray Inc. (Nasdaq:CRAY) today announced that it has received
another advance order for the company's upcoming product based on the
Sandia "Red Storm" supercomputer. The order is valued at approximately
$3.5 million. No further details were disclosed.
"Red Storm" is a 40-TeraOps (40 trillion calculations per second)
supercomputer Cray is scheduled to deliver this year to Sandia
National Laboratories under a $93 million Department of Energy
Cray announced plans to develop the Red Storm-based product in
October 2003. Earlier this year, Cray announced advance orders for the
product from the Pittsburgh Supercomputer Center, Oak Ridge National
Laboratory and an unnamed Canadian customer.
"The Red Storm-based product targets the need for highly scalable
microprocessor-based supercomputers with extremely high bandwidth. It
is designed to be more efficient and cost-effective for challenging
problems and workloads than the clustered SMP systems available in the
marketplace today," according to Peter Ungaro, Cray's vice president
of worldwide marketing and sales. "Red Storm takes the highly
successful MPP systems of the past and updates it with the latest in
advanced technology; customers are showing a lot of excitement about
Cray bringing this architecture back to the forefront of
About Cray Inc.
Cray's mission is to be the premier provider of high performance
computing for its customers' most challenging scientific and
engineering problems. Go to www.cray.com for more information about
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, reliance on third-party suppliers, the successful
porting of application programs to Cray systems, Cray's ability to
compete with larger, more established companies and innovative
competitors, Cray's ability to keep up with rapid technological
change, and general economic and market conditions. 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. All other trademarks
are the property of their respective owners.
CONTACT: Cray Inc.
Steve Conway, 651-592-7441
Victor Chynoweth, 206-701-2280
SOURCE: Cray Inc.