Cray Inc. Announces Professional Services Contract from Applied Technical Systems, Inc.SEATTLE -- Cray to Extend ATS's NdCore(TM) Automated Correlation Application to Supercomputing Platforms Global supercomputer supercomputer, a state-of-the-art, extremely powerful computer capable of manipulating massive amounts of data in a relatively short time. Supercomputers are very expensive and are employed for specialized scientific and engineering applications that must handle very leader Cray Inc. (Nasdaq:CRAY) today announced that it has signed a 12-month professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. contract, valued at approximately $1 million, with Applied Technical Systems, Inc. (ATS). The new contract continues work on which Cray and ATS have collaborated for two years under a prior contract. The goal of the collaboration is to link ATS' NdCore application, powered by ATS's patented data correlation technology the Contiguous Connection Model (CCM CCM Contemporary Christian Music CCM Critical Care Medicine CCM County College of Morris (New Jersey) CCM Chama Cha Mapinduzi (political party, Tanzania) CCM CORBA Component Model ), to supercomputer power. The contract calls for Cray to contribute a Cray professional services team comprised of computer scientists and applications experts to work on the project for a year, and contains provisions for follow-on work. "Our work with Cray will take advantage of their expertise in supercomputing architectures to produce a version of our automated correlation application, NdCore, that will run on supercomputing platforms. This effort will expand the analytical capabilities of agencies of the U.S. Department of Defense to process much higher volumes of information from a variety of disparate sources," said ATS 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. and President Brian Welter. "Currently we are limited to information sets ranging from local to regional in size. This work will enable national and global information sets to be analyzed. We are excited to continue to work with Cray to extend this application to supercomputer platforms," said Welter. "Cray is the global leader in advancing supercomputing architecture and applications," said Cray president Jim Rottsolk. "The collaboration with ATS demonstrates how we can combine two high performance technologies and produce powerful results that benefit both companies." Added Kevin Stelljes, Cray's ATS program manager: "This is an excellent example of how Cray's expertise in the design and development of supercomputer applications, as well as hardware, can assist other companies in developing true HPC (Handheld PC) A palmtop computer that weighs less than one pound and runs specialized versions of popular applications. Microsoft coined the term for its Windows CE operating system, which is an abbreviated version of Windows. See Pocket PC. solutions. With ATS, we will help redesign and implement the CCM system to be more modular, scalable, portable and extensible." About Applied Technical Systems, Inc. ATS is a software company located in Silverdale, Washington Silverdale is a census-designated place (CDP) in Kitsap County, Washington, in the United States. As of the 2000 census, the CDP population was 15,816. Despite many attempts at incorporation, Silverdale remains an unincorporated community, located on the Kitsap Peninsula, . ATS specializes in creating automated correlation, information management, and knowledge discovery systems based on its patented technology, the Contiguous Connection Model. See www.apptechsys.com for more information about ATS. About Cray Inc. Cray's mission is to be the premier provider of high performance computing for its customers' most challenging scientific and engineering problems. Go to www.cray.com for more information about 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . There are certain factors that could cause Cray's execution plans to differ materially from those anticipated by the statements above. These include the technical challenges of developing high performance computing systems, reliance on third-party suppliers, the successful porting of application programs to Cray systems, Cray's ability to compete with larger, more established companies and innovative competitors, Cray's ability to keep up with rapid technological change, and general economic and market conditions. For a discussion of these and other risks, see "Factors That Could Affect Future Results" in Cray's most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. filed with the SEC. Cray is a registered trademark of Cray Inc. All other trademarks are the property of their respective owners. NOTE TO EDITORS: In the application name "NdCore," the "d" is superscript Any letter, digit or symbol that appears above the line. For example, 10 to the 9th power is written with the 9 in superscript (109). Contrast with subscript. text. It was changed for transmission purposes only. |
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