Cray Inc. to Present at Bear Stearns 15th Annual Technology Conference.

Business Editors/High-Tech Writers

SEATTLE--(BUSINESS WIRE)--May 27, 2004

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 Cray executives will present on June 14th at 3:25 p.m. (Eastern Time) at the Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. 15th Annual Technology Conference, to be held at the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Grand Hyatt.

The Cray presentation will be available to the public via live audio webcast and can be accessed from the Investors section of the Cray website at http://investors.cray.com. An archive of the webcast will be available on the Cray Investors page approximately thirty minutes following the presentation for a period of 90 days.

Presenters from Cray management will include Jim Rottsolk, Chairman, 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, and Scott Poteracki, Chief Financial Officer.

About Cray Inc.

Cray is 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.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	May 27, 2004
Words:	155
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