SEATTLE, WA--(Marketwired - Mar 24, 2015) - Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced it has been awarded a significant contract to provide Petroleum Geo-Services (PGS), a global oil-and-gas company, with a Cray® XC40™ supercomputer and a Cray® Sonexion® 2000 storage system. The five-petaflop Cray supercomputer will be one of the largest systems Cray has delivered to a commercial customer, and among the largest supercomputers deployed in the commercial sector.

Headquartered in Oslo, Norway with regional centers in London, Singapore and Houston, PGS creates high-resolution seismic maps and 3-dimensional (3D) models of the earth's sub-surface, which oil and gas companies use to explore and produce offshore reserves worldwide.

The new Cray XC40 supercomputer and Sonexion storage system will provide PGS with the advanced computational capabilities necessary to run highly-complex seismic processing and imaging applications. These applications include imaging algorithms for the PGS Triton survey, which is the most advanced seismic imaging survey ever conducted in the deep waters of the Gulf of Mexico. The new Cray systems are expected to be deployed in 2015.

"With the Cray supercomputer, our imaging capabilities will leapfrog to a whole new level," says Guillaume Cambois, Executive Vice President Imaging & Engineering for PGS. "We are using this technology investment to secure our market lead in broadband imaging and position ourselves for the future. With access to the greater compute efficiency and reliability of the Cray system, we can extract the full potential of our complex GeoStreamer® imaging technologies, such as SWIM and CWI."

"At Cray, we take great pride in providing our customers with tools for tackling some of the world's most challenging problems, and the research workflows conducted by PGS, a leader in marine geophysical exploration, is a perfect example of what can be done with our unique supercomputers," said Peter Ungaro, president and CEO of Cray. "This is another significant commercial win for Cray, including both high-end supercomputing and storage. We are thrilled that a company that is continually at the forefront of using new technologies to advance seismic imaging partnered with Cray to provide the computational and storage resources they need to advance their data-intensive business."

Cray XC40 supercomputers are engineered to meet the performance challenges of today's most demanding HPC users. Special features of the Cray XC40 supercomputer include: the industry-leading Aries system interconnect; a Dragonfly network topology that frees applications from locality constraints; optional DataWarp applications I/O flash SSD accelerator technology; 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, including Intel® Xeon® processors, Intel® Xeon Phi™ coprocessors, and NVIDIA® Tesla® GPU accelerators.

Cray's Sonexion 2000 storage solution combines Cray's Lustre expertise with a tightly integrated, unique design that allows for maximum scalability and performance. Management and operations are simplified through an appliance design with all storage components including software, storage and infrastructure.

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 Petroleum Geo-Services
 Petroleum Geo-Services is a focused marine geophysical company providing a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The PGS MultiClient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world. PGS operates on a worldwide basis with headquarters at Oslo, Norway. For more information visit www.pgs.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 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 deployment of the systems purchased by PGS and Cray's ability to deliver systems that meet PGS'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 the systems required by PGS are not delivered in a timely fashion or do not perform as expected and such other risks as identified in the Company's annual report on Form 10-K for the year ended December 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 and Sonexion are registered trademarks of Cray Inc. in the United States and other countries, and XC40 is a trademark of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.