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Cray Signs $70 Million Supercomputer Contract With the National Energy Research Scientific Computing Center (NERSC)

SEATTLE, WA -- (Marketwired) -- 04/29/14 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced the Company has been awarded a $70 million contract to provide a next-generation Cray® XC™ supercomputer to the U.S. Department of Energy's (DOE) National Energy Research Scientific Computing Center (NERSC).

Named "Cori" after bio-chemist and Nobel Laureate Gerty Cori, NERSC's next-generation Cray XC supercomputer will provide its vast user community with an advanced supercomputing resource to support the Center's large production workload. NERSC supports more than 5,000 scientists annually on more than 700 projects in the areas of climate modeling, biology, environmental sciences, combustion, materials science, chemistry, geosciences, fusion energy, astrophysics, nuclear and high-energy physics, and other disciplines, along with scientific visualization of massive data sets.

"We are excited to continue our partnership with Cray," said Sudip Dosanjh, Director of the National Energy Research Scientific Computing Center at Lawrence Berkeley National Laboratory. "Cori will provide a significant increase in capability for our users and will provide a platform for transitioning our very broad user community to many core architectures. We will collaborate with Cray to ensure that Cori meets the computational and data needs of DOE's science community."

NERSC is also home to a Cray XC30™ supercomputer named "Edison" and a Cray XE6™ supercomputer named "Hopper." The new Cori system is expected to deliver 10 times the sustained computing capability of the Hopper supercomputer.

"We are proud of the history we've built with NERSC, and we are honored that the Center, along with the Department of Energy's Office of Science, has once again turned to Cray to support the future computational needs of their large user community," said Peter Ungaro, president and CEO of Cray. "This is a significant contract for our Company as it demonstrates that our roadmap for the Cray XC family will continue to lead the industry well into the future. The researchers and scientists at NERSC are focused on solving a wide range of challenging problems that demand high levels of performance and reliability across a broad spectrum of scientific applications. We look forward to working with NERSC and putting our future technologies to the test as part of the Department of Energy's leading-edge scientific research and discovery program."

The Cori system to be installed at NERSC will be a future-generation version of the Cray XC30 supercomputer and will feature the next-generation of the Intel® Xeon Phi™ processor code-named "Knights Landing."

"We are thrilled to work with Cray in bringing the next generation of highly parallel supercomputers to market based on the Intel Xeon Phi processor -- codenamed Knights Landing," said Charles Wuischpard, Intel's Vice President, Data Center Group and General Manager, Workstation and High Performance Computing. "Working closely with Cray, we will deploy the Many Integrated Core (MIC) architecture on the next generation Cray XC supercomputer, delivering over 3 teraflops of performance per single socket node to power a wide set of applications and taking an important and viable step towards Exascale."

Previously code-named "Cascade," the Cray XC30 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 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.

Consisting of products and services, the multi-year contract is valued at more than $70 million, and the system is expected to be delivered in 2016. As part of this contract, the next-generation Cray XC supercomputer will also include a 400 gigabytes per-second, 28-petabyte Cray Lustre File System storage solution. Additionally, NERSC has the option to purchase solid state storage integrated in the Cray XC supercomputer for extremely high performance burst IO.

About NERSC
The National Energy Research Scientific Computing Center (NERSC) is the primary high-performance computing facility for the U.S. Department of Energy's (DOE) Office of Science and is supported by its Advanced Scientific Computing Program. The NERSC Center currently serves thousands of scientists at national laboratories and universities across the country researching problems in climate modeling, computational biology, environmental sciences, combustion, materials science, chemistry, geosciences, fusion energy, astrophysics, nuclear and high-energy physics, and other disciplines. Established in 1974, the NERSC Center has long been a leader in providing systems, services and expertise to advance computational science throughout the DOE research community. NERSC is managed by Lawrence Berkeley National Laboratory under contract with DOE. For more information about the NERSC Center, go to http://www.nersc.gov.

Berkeley Lab is a U.S. Department of Energy national laboratory located in Berkeley, California. It conducts unclassified scientific research and is managed by the University of California for the DOE Office of Science. Visit our website at http://www.lbl.gov.

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 NERSC when required and that meets NERSC'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 NERSC is not delivered in a timely fashion or does not perform as expected, 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 processors planned for the next generation Cray XC30 system are not available or incorporated into the Cray XC30 system when expected or at all 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, XE6 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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