Cray Inc. Sells Two Cray SX-6 Supercomputers to the University of Toronto; Computer to Model Earth's Interior and Atmosphere.Business Editors/High-Tech Writers/Education Writers SEATTLE--(BUSINESS WIRE)--Sept. 25, 2002 Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today announced it has completed the sale of two interconnected Cray SX-6(TM) supercomputers to the University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, . Financial terms were not disclosed. The Cray SX-6 systems will support University of Toronto research related to the Earth's interior and atmosphere. Specific projects include modeling the Earth's magnetic field Earth's magnetic field (and the surface magnetic field) is approximately a magnetic dipole, with one pole near the north pole (see Magnetic North Pole) and the other near the geographic south pole (see Magnetic South Pole). ; simulating ice age development and the accompanying variations in sea level; enhancing a coupled atmosphere-ocean-ice-land climate model; simulating the distribution of methane and carbon monoxide carbon monoxide, chemical compound, CO, a colorless, odorless, tasteless, extremely poisonous gas that is less dense than air under ordinary conditions. It is very slightly soluble in water and burns in air with a characteristic blue flame, producing carbon dioxide; in the troposphere troposphere: see atmosphere. troposphere Lowest region of the atmosphere, bounded by the Earth below and the stratosphere above, with the upper boundary being about 6–8 mi (10–13 km) above the Earth's surface. ; and modeling the thermal convection process within the Earth's mantle, which causes plate tectonics. "The Cray SX-6 system is ideal for the large-scale calculations we need to make to advance our science, and we are excited about the opportunities it makes available to do innovative and ground-breaking studies," says Pekka Sinervo, professor of physics and vice-dean, Research Infrastructure and Graduate Education in the Faculty of Arts Historically the Faculty of Arts was one of the four traditional divisions of the teaching bodies of universities, the others being theology, law and medicine.[1] Nowadays it is a common name for the faculties teaching humanities. References 1. and Science. "And we have been very impressed with the ability of the Cray and NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. partnership to deliver and commission the system." "We are pleased to have completed the sale of these Cray SX-6 supercomputers to the University of Toronto," said Jim Rottsolk, Cray chairman and chief executive officer. "We have exclusive rights to distribute the rebranded NEC supercomputer line in North America, and non-exclusive distribution rights in most other areas of the world. The SX-6 system is the world's most recent high-end, high-bandwidth vector supercomputer product line designed to serve industrial, academic and government customers. The world's most powerful supercomputer system, the Earth Simulator in Japan, is based on the same fundamental technology as the SX-6 system. We are pleased the University of Toronto will use this SX-6 system in climate simulations. This exciting technology is quickly gaining acceptance, and we anticipate a growing order backlog for SX-6 systems in coming months." About the University of Toronto Founded in 1827, the University of Toronto is Canada's largest and most research-intensive university. The university's Physics Department, which took delivery of the new Cray systems, focuses research and teaching in planetary physics, astrophysics, particle physics, condensed matter physics con·densed matter physics n. See solid-state physics. condensed matter physics The scientific study of the properties of solids, liquids, and other forms of matter in which atoms or particles adhere to and quantum optics. Funding for these systems is being provided by the Canada Foundation for Innovation Mission and Mandate The Canada Foundation for Innovation (CFI) is an independent corporation created by the Government of Canada to fund research infrastructure. The CFI's mandate is to strengthen the capacity of Canadian universities, colleges, research hospitals, and and the Ontario Innovation Trust. About Cray Inc. Cray is the premier provider of supercomputing solutions for 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 is the ability of Cray supercomputer systems to pass individual customer acceptance tests, and general economic and market conditions. For a discussion of these and other risks, see "Factors That Could Affect Future Results" in Cray's Current Report on 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. filed Sept. 3, 2002. Cray is a registered trademark of Cray Inc. All other trademarks are the property of their respective owners. |
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