Arctic Region Supercomputing Center Signs $3 Million Contract for Cray SV1 Supercomputer and Enhancements.Business Editors/High-Tech Writers SEATTLE--(BUSINESS WIRE)--Sept. 6, 2000 Cray Inc. (Nasdaq:CRAY) today announced that the Arctic Region Supercomputing Center The Arctic Region Supercomputing Center (ARSC) is a research facility organized under the University of Alaska Fairbanks. It is funded by the United States Department of Defense, and is a member of the department's High Performance Computing Modernization Program (HPCMP). (ARSC ARSC Arctic Region Supercomputing Center ARSC Association for Recorded Sound Collections ARSC Accounting and Review Services Committee ARSC Aircraft Repair and Supply Center (USCG) ARSC Arizona Remote Sensing Center ) has signed a $3 million order for a 32-processor Cray SV1(TM) supercomputer and scheduled enhancements. ARSC's academic and government researchers will use the new system to study atmospheric, environmental and geophysical problems unique to the Arctic, polar regions polar regions: see Antarctica; Arctic, the. and high latitudes. The agreement includes an option to acquire a next-generation Cray SV2(TM) system, due out in the second half of 2002. The Cray SV1 system will support applications such as climate forecasting models that examine ocean-ice-atmosphere-land interaction, models of volcanic ash See under Ashes. See also: Ash plumes that threaten aircraft traveling in the Arctic, models of global surface air temperature trends and oil reservoir An oil reservoir, petroleum system or petroleum reservoir is often thought of as being an underground "lake" of oil, but it is actually composed of hydrocarbons contained in porous rock formations. simulations. "The Cray SV1 is essential to growing our user base and accelerating the work of existing users whose massive applications absorb as much speed and memory as we can deliver," said Dr. Frank Williams, vice chancellor of administrative services at the University of Alaska Fairbanks UAF is home to seven major research units: the Agricultural and Forestry Experiment Station; the Geophysical Institute, which operates the Poker Flat Research Range; the International Arctic Research Center; the Arctic Region Supercomputing Center; the Institute of Arctic Biology; the and director of ARSC. The new Cray SV1 supercomputer will be installed in three stages at the ARSC facility within the Fairbanks main campus. The new system replaces a 12-processor Cray J90(TM) supercomputer and is expected to complete the stage-one customer acceptance process in September. Stage one includes the delivery of a new Cray SV1 computer chassis, Cray SV1 CPUs and memory, and networking and peripheral equipment. Stage two, in the first quarter of 2001, will upgrade the Cray SV1 to faster CPUs. In second-quarter 2001, stage three will upgrade the system to larger, faster memory. "This order underscores the overwhelming support we're seeing among long-time customers like ARSC for Cray's technology and roadmap. We're committed to building the systems that help solve our customers' most challenging problems and are delighted that ARSC will soon receive the first enhanced Cray SV1 processors," said Cray Inc. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jim Rottsolk. ARSC supports high-performance computational research by U.S. Department of Defense and academic researchers in science and engineering with an emphasis on the high latitudes and the Arctic. The Center also operates a 272-processer Cray T3E(TM) supercomputer with 69.6 gigabytes of memory. About Cray Inc. Cray Inc. designs, builds and sells high-performance vector processor and general-purpose parallel computer systems. The company has leading edge technology, multiple product platforms, nearly 900 employees, a $2 billion installed base of over 600 computers worldwide, major manufacturing and service capabilities and extensive global customer relationships. Cray believes its Multithreaded multithreaded - multithreading Architecture and Cray T3E and Cray SV2 systems together represent the future of supercomputing. Go to www.cray.com for more information on the company. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains forward-looking statements. There are certain factors that could cause Cray's execution plans to differ materially from those anticipated by the statements above. Among such factors risks are expected delivery and acceptance times, and timely availability of commercially acceptable components from third party suppliers. For a discussion of such risks, and other risks that could affect Cray's future performance, please see "Risk Factors" in Tera Computer's most recent SEC Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . Note to Editors: Cray is a registered trademark, and Cray J90, Cray T3E, Cray SV1 and Cray SV2 are trademarks, of Cray Inc. All other trademarks are the property of their respective owners. |
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