SEATTLE, WA--(Marketwired - Sep 29, 2014) - Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced that the Department of Defense (DoD) High Performance Computing Modernization Program (HPCMP) has awarded Cray a $26 million supercomputer contract for a next-generation Cray® XC™ supercomputer and a Cray Sonexion® storage system. The systems will be placed at the HPCMP's DoD Supercomputing Resource Center (DSRC) located at the U.S. Army Research Laboratory (ARL).

The HPCMP will use this next-generation Cray XC supercomputer to run advanced, complex simulations that deliver scientific discoveries, technological advances and analyses that provide soldiers with the capabilities to execute full-spectrum operations.

"Supercomputing is a key enabling technology for the DoD as it continues mission critical work to improve both the safety and effectiveness of the U.S. military," observed John West, director of the HPCMP. "These newly acquired Cray systems ensure that scientists and engineers in the DoD's research, engineering, and evaluation communities will continue to be able to take advantage of a robust computing ecosystem that includes the best computational technologies available today."

In operation for more than 20 years, the DoD HPCMP remains focused on its mission to accelerate technology development and transition into superior defense capabilities through the strategic application of high performance computing (HPC), networking and computational expertise. The HPCMP provides the people, expertise and technologies that increase the productivity of the DoD's Research, Development, Test and Evaluation community.

"Cray has been fortunate to be a partner of the DoD's High Performance Computing Modernization Program throughout the years, and we take great pride in providing their researchers and engineers with powerful supercomputing technologies," said Peter Ungaro, president and CEO of Cray. "Our next-generation XC system is our most advanced supercomputer ever, and we are excited and proud that our compute and storage solution will be a valuable resource for the HPCMP's incredibly important mission."

The Cray XC series of supercomputers are engineered to meet the performance challenges of today's most demanding high performance computing (HPC) users. Special features of the Cray XC series of supercomputers include: the industry-leading 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 for improved performance and programmability, and the ability to handle a wide variety of processor types.

The Cray Sonexion storage solution will include more than four petabytes of storage capacity, including SSD technology, running at speeds approaching half of a terabyte per-second of bandwidth. Cray's Sonexion storage system combines Cray's Lustre expertise tightly integrated in a unique design that allows scalability from five gigabytes per-second to more than a terabyte per-second in a single file system. Management and operations are simplified through an appliance design with all storage components including software, storage and infrastructure.

The initial contract, awarded by US Army Engineering and Support Center, Huntsville, is valued at more than $26 million in product revenue and also includes four separately priced one year options for maintenance. The system is expected to be installed in late 2014.

For more information on the Cray XC series of supercomputers and Cray Sonexion storage systems, please visit the Cray website at www.cray.com.

About the DOD High Performance Computing Modernization Program (HPCMP)
The HPCMP provides Department of Defense supercomputing capabilities, high-speed network communications and computational science expertise that enable DOD scientists and engineers to conduct a wide-range of focused research, development and test activities. This partnership puts advanced technology in the hands of U.S. forces more quickly, less expensively, and with greater certainty of success. Today, the HPCMP provides a complete advanced computing environment for the DOD that includes unique expertise in software development and system design, powerful high performance computing systems, and a premier wide-area research network. The HPCMP is managed on behalf of the Department of Defense by the U.S. Army Engineer Research and Development Center.

For more information, please visit the DOD HPCMP website at www.hpc.mil.

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 more than 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 the timing of installation of the system purchased by the HPCMP and Cray's ability to deliver a system that meets the HPCMP's requirements. 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 successfully complete its planned product development efforts in a timely fashion or at all, the risk that the processors planned for the next generation Cray XC systems are not available with the performance expected or when expected or are not incorporated into the Cray XC systems when expected or at all, the risk that the system required by the HPCMP 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 June 30, 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 and Sonexion are registered trademarks of Cray Inc. in the United States and other countries, and Cray XC is a trademark of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.