Cray Inc. Receives Order for Cray X1 System from Department of Energy's Oak Ridge National Laboratory.Business Editors/High-Tech Writers SEATTLE--(BUSINESS WIRE)--Feb. 25, 2003 Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today reported that it received an order valued at approximately $30 million for Cray X1(TM) equipment and related services from the Department of Energy's Oak Ridge National Laboratory Oak Ridge National Laboratory (ORNL) is a multiprogram science and technology national laboratory managed for the United States Department of Energy by UT-Battelle, LLC. ORNL is located in Oak Ridge, Tennessee, near Knoxville. (ORNL ORNL Oak Ridge National Laboratory ). Initial shipments of the multi-cabinet system, which has room for expandability, are expected to begin in March and to be completed in the third quarter of 2003, Cray officials said. No other financial or technical details were disclosed. The Center for Computational Sciences (CCS (1) (Common Channel Signaling) A communications system in which one channel is used for signaling and different channels are used for voice/data transmission. Signaling System 7 (SS7) is a CCS system, also known as CCS7. See SS7. ) at ORNL will deploy the Cray X1 system to test its effectiveness in solving important scientific problems in climate, biology, nanoscale At nanometer size. Any device only a few nanometers in size is nanoscale. See nanotechnology and nanometer. materials, fusion and astrophysics astrophysics, application of the theories and methods of physics to the study of stellar structure, stellar evolution, the origin of the solar system, and related problems of cosmology. . Raymond L. Orbach Raymond Lee Orbach is an American physicist and administrator. He currently serves as Under Secretary for Science in the United States Department of Energy. Orbach received a Bachelor of Science degree in Physics from the California Institute of Technology in 1956 and a Ph.D. , director of DOE's Office of Science, said the ORNL-Cray partnership is one of the first steps in the initiative to explore computational architectures essential to 21st century scientific leadership. "Modern computational methods are developing at such a rapid rate that computational simulation is possible on a scale that is comparable in importance with experiment and theory," Orbach said. Under the program, ORNL and Cray will evaluate the processors, memory and scalability of the architecture and software environment of the Cray X1 system to determine its effectiveness for the solution of the most challenging scientific problems. The Cray X1 is the first U.S. computer to offer vector processing and massively parallel See MPP. processing capabilities in a single architecture. The system has been specifically designed for scientific applications. The Center for Computational Sciences was established at ORNL in 1991 to evaluate the suitability of new computer architectures for scientific applications and to deliver leadership class computing capability to the scientific community. An important part of the initiative with Cray is to ensure that the next generation computer hardware and systems software are appropriately balanced for scientific needs. CCS is working closely with the academic and laboratory community in evaluating and deploying the Cray system. To address the challenge of climate prediction Climate prediction refers to :
ORNL Director Bill Madia said he envisions a partnership that will benefit America's scientists. "We are committed to working with Cray and the scientific community to help ensure that the next generation of supercomputers meets critical research needs. We also look forward to locating the Cray X1 in our new state-of-the-art computational sciences facility, which is scheduled for completion later this year," Madia said. "We are pleased to collaborate with the Department of Energy and Oak Ridge National Laboratory in this vital endeavor," 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. James Rottsolk. "We are proud to have the opportunity of providing the next-generation supercomputer to help solve the most demanding classes of scientific and engineering problems." The Cray computer The Colorado Springs-based supercomputer company founded in 1989 by Seymour Cray after he left Cray Research. Cray developed the Cray-3, an incredibly fast gallium arsenide-based computer that ran at a 1 GHz clock rate. will be funded through the Advanced Scientific Computing Research program in the department's Office of Science. ORNL is a DOE multiprogram research facility managed by UT-Battelle. About Cray Inc. Cray's mission is to be the premier provider of supercomputing solutions 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. There are certain factors that could cause Cray's execution plans to differ materially from those anticipated by the statements above. Among these factors are the technical challenges of producing the Cray X1 system on a sustainable basis, successful porting of application programs to the Cray X1 system, the ability of Cray supercomputer systems Three firms have held, simultaneously, the name Supercomputer Systems or Supercomputing Systems. The first was founded by Steve Chen, architect of the Cray X-MP and Cray Y-MP. The second was based in San Diego, California, USA. to pass individual customer acceptance tests, timely availability of commercially acceptable components from third-party suppliers, risks inherent in government procurements and general economic and market conditions. For a discussion of these and other risks see "Risk Factors" in Cray's Rule 424(b) prospectus filed with the SEC on February 13, 2003. Cray is a registered trademark, and Cray X1 is a trademark, of Cray Inc. |
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