Press Release

Cray and Stradigi AI Partner to Crack the Code on Enterprise AI Implementation

Collaboration Offers Services and Technology for Accelerating Artificial Intelligence Projects

SEATTLE and MONTREAL, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Global supercomputer leader Cray Inc. (Nasdaq:CRAY) and Stradigi AI, a leading Canadian artificial intelligence (AI) solutions provider, today announced a strategic partnership to offer AI implementation solutions combining Stradigi AI’s specialized data science skills with Cray’s supercomputing expertise and advanced technologies. Under the partnership, Cray will bundle Stradigi AI's domain expertise with its Cray Accel AI starter kit to deliver tailored solutions for proofs-of-concept to deployment at scale. The offering delivers two necessary ingredients to successful AI adoption: access to seasoned AI data scientists and workflow experts and ownership of technology tuned to conquer AI business process implementations.

“This partnership will offer significant growth potential for both companies to serve a wide-range of industries. Together, we will give clients the capability to tackle the most demanding use cases and break through to AI’s full potential for their businesses,” said Basil Bouraropoulos, CEO & Co-Founder at Stradigi AI. “We are excited to expand our footprint with Cray and help clients accelerate their digital transformation.”

Headquartered in Montreal, Stradigi AI’s fast-growing team is able to quickly develop configurable, scalable and secure solutions that solve real-life business problems using artificial intelligence. Stradigi AI’s global clients are made up of enterprises spanning a wide-range of industries. Their strategic and research partnerships include agreements with Cossette, IVADO and the Vector Institute.

“We look forward to partnering with Stradigi AI to bring an indisputable edge to organizations that are embarking on their AI journey,” said Per Nyberg, vice president of market development, artificial intelligence and cloud at Cray. “We know that successfully going from planning, to PoC, to implementation in AI means a company must break through workflow iterations, address skills shortages, and commission significant compute power. The Cray Stradigi AI partnership is a great match for bringing these capabilities and competitive advantage to our customers.” 

About Stradigi AI
Stradigi AI helps enterprises quickly transform their businesses through artificial intelligence powered solutions in a configurable, scalable and secure way. Backed by one of North America's largest applied research labs, their team provides clients and partners a full ecosystem catered to AI innovation, giving them a competitive edge. For more information, visit stradigi.ai.

About Cray Inc.
Cray Inc. (Nasdaq:CRAY) combines computation and creativity so visionaries can keep asking questions that challenge the limits of possibility. Drawing on more than 45 years of experience, Cray develops the world’s most advanced supercomputers, pushing the boundaries of performance, efficiency and scalability. Cray continues to innovate today at the convergence of data and discovery, offering a comprehensive portfolio of supercomputers, high-performance storage, data analytics and artificial intelligence solutions. 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 the growth potential for Cray from the collaboration with Stradigi AI. 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 drive growth as a result of the collaboration with Stradigi AI as expected or at all and such other risks as identified in the Company’s quarterly report on Form 10-Q for the quarter ended June 30, 2018, 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 Accel AI are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

Cray Media:
Juliet McGinnis
206/701-2152
pr@cray.com

Cray Investors:
Paul Hiemstra
206/701-2044
ir@cray.com

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