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Cray Awarded Contract to Install India's First Cray XC30 Supercomputer

SEATTLE, WA -- (Marketwired) -- 07/16/14 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced the Company has been awarded a contract to provide the Tata Institute for Fundamental Research (TIFR) in Mumbai with a Cray® XC30 supercomputer -- the first Cray XC30 system in India.

TIFR is a multi-disciplinary research and teaching institute, and is also a National Centre of the Government of India and a deemed university. Started in 1945 by the late Dr. Homi J. Bhabha, today TIFR carries out research in all frontline areas of fundamental sciences, such as mathematics, physics, chemistry, biology, computer science and scientific education. TIFR is the birthplace of numerous initiatives and institutions that are now engaged in applied sciences and technology throughout India.

The Cray XC30 system will be used by a nation-wide consortium of scientists called the Indian Lattice Gauge Theory Initiative (ILGTI). The group will research the properties of a phase of matter called the quark-gluon plasma, which existed when the universe was approximately a microsecond old. ILGTI also carries out research on exotic and heavy-flavor hadrons, which will be produced in hadron collider experiments. The Cray XC30 will be the first supercomputer located in ILGTI's new facility in Hyderabad.

"The researchers and scientists at TIFR are running highly-complex Lattice QCD workloads, and we are honored that India's first Cray XC30 supercomputer will power the Institute's important and challenging research," said Andrew Wyatt, Cray vice president, APMEA. "TIFR's work with theoretical physics and quantum chromodynamics is an ideal fit for the Cray XC30 system, which is designed to execute highly-advanced numerical computations with superior scalability, performance and reliability."

The Cray XC30 system to be installed at TIFR will feature the Intel® Xeon® E5-2600 v2 processors, formerly code named "Ivy Bridge," and NVIDIA® Tesla® K20X GPU accelerators. With a peak performance of more than 730 teraflops, the Cray XC30 system is expected to be delivered and installed at TIFR in 2014.

Previously code-named "Cascade," the Cray XC30 series of supercomputers is engineered to meet the performance challenges of today's most demanding high performance computing (HPC) users. Special features of the Cray XC30 and Cray XC30-AC™ supercomputers include: the Aries system interconnect; a Dragonfly network topology that frees applications from locality constraints; innovative cooling systems to lower customers' total cost of ownership; the next-generation of the scalable, high performance Cray Linux Environment supporting a wide range of applications; Cray's HPC optimized programming environment, and the ability to handle a wide variety of processor types.

Additional information on the Cray XC30 supercomputers can be found on the Cray website at www.cray.com.

About Cray Inc.
Global supercomputing leader Cray Inc. (NASDAQ: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of supercomputers and Big Data storage and analytics solutions delivering unrivaled performance, efficiency and scalability. 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 meet 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 Cray's ability to deliver the system required by TIFR when required and that meets TIFR's needs. 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 the system required by TIFR is not delivered in a timely fashion or does not perform as expected and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2014, 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 XC30 and XC30-AC are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

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