Cray Inc. Appoints Peter Ungaro President.SEATTLE -- 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 (Cray, Inc., Seattle, WA, www.cray.com) A supercomputer manufacturer founded in 1972 as Cray Research, Inc., by Seymour Cray, a leading designer of large-scale computers at Control Data. In 1976, it shipped its first computer to Los Alamos National Laboratory. Inc. (Nasdaq:CRAY) today announced that it has appointed Peter Ungaro as president of the company. Ungaro had been serving as Cray's senior vice president of sales, marketing and service. He joined Cray in August 2003 from IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , where he was vice president of worldwide deep computing computing - computer sales. "Cray has always been known for its technical innovation. This move signals an important strategic initiative in our drive to become more market-focused," said Cray Chairman 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. "Pete has demonstrated exceptional leadership and business acumen acumen Astuteness, perception, perspicacity , maintaining strong relationships with customers and other members of the global high performance computing community," Rottsolk added. "This will allow me to devote more time to shaping Cray's long-term strategy and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. while continuing to work with our large customers, senior-level government officials and investors." In his new role, Ungaro will report to Rottsolk. All functions, except finance, legal and government relations, will report to Ungaro. "I'm very excited about the new products we've recently introduced and the records they're setting on key industry benchmarks. Cray has an unrivaled R&D team and a service organization that's the envy of the high performance computing industry. We have also put strong sales leaders in place in each of our key global geographies," Ungaro said. "In my new role, I'm looking forward to working with the many talented and dedicated employees at Cray and building on these accomplishments as we continue to set the pace of innovation in the high performance computing industry." Prior to his appointment as president, Ungaro was responsible for creating and implementing the company's worldwide sales and marketing strategy, expanding opportunities for current and future Cray products, collaborating closely with product development and other technical leaders, enhancing the capabilities of Cray's global sales force, and leading service and support for Cray's customers around the world. As vice president of worldwide deep computing sales for IBM, Ungaro led global sales of all IBM server and storage products for high performance computing, life sciences, digital media and business intelligence markets. Prior to that assignment, Ungaro was IBM's vice president, worldwide high performance computing sales. He held a number of other sales leadership positions since joining IBM in 1991. About Cray As the global leader in high performance computing (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. ), Cray provides innovative supercomputing systems that enable scientists and engineers in government, industry and academia to meet both existing and future computational Having to do with calculations. Something that is "highly computational" requires a large number of calculations. challenges. Building on years of experience in designing, developing, marketing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of HPC systems that deliver unrivaled sustained performance on a wide range of applications. Go to www.cray.com for more information. Cray is a registered trademark of Cray Inc. All other trademarks are the property of their respective owners. |
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