Cray SV1 Series Named ``Best Supercomputer'' in 2001 Readers' Choice Awards.Business Editors/High-Tech Writers SEATTLE--(BUSINESS WIRE)--Aug. 9, 2001 Cray Inc. (Nasdaq:CRAY) today announced its Cray SV1(TM) product line has been named "Best Supercomputer" for 2001 by the readership of Scientific Computing & Instrumentation magazine. This is the third year in a row Cray(R) supercomputers have earned this distinction. The magazine's Readers' Choice Awards recognize readers' favorite products in a variety of categories in the scientific and technical markets. The criteria for selection include value, ease of use, quality and reliability. Winners are determined by an open ballot published in the spring in the print and online editions of Scientific Computing & Instrumentation. "Because we ask our readers to vote for the technologies they use in their everyday work lives, the winners have proven their value and worth to the modern scientist," said Kim Sekel, editor in chief of Scientific Computing & Instrumentation. "Our readers are a well-educated, experienced group with high expectations, so the winners truly represent the best products available." "We're delighted to receive this award once again, and we're committed to providing the same superior value and price/performance in our new products coming online this year and next," said Cray Inc. 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. Published monthly, Scientific Computing & Instrumentation writes about new products, systems and software for those whose work involves technical computing. Its U.S. readership -- which numbers 48,000 -- includes IT/IS managers, lab managers, R&D directors, scientists and researchers. About Cray Inc. Cray Inc. designs, builds and sells high-performance MPP (Massively Parallel Processing or Massively Parallel Processor) A multiprocessing architecture that uses up to thousands of processors. Some might contend that a computer system with 64 or more CPUs is a massively parallel processor. , vector processor A computer with built-in instructions that perform multiple calculations on vectors (one-dimensional arrays) simultaneously. It is used to solve the same or similar problems as an array processor; however, a vector processor passes a vector to a functional unit, whereas an array processor and general-purpose parallel computer systems. The company has leading edge technology, multiple product platforms, a worldwide installed base of 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. , major manufacturing and service capabilities and extensive global customer relationships. Cray believes its Multithreaded multithreaded - multithreading Architecture and Cray T3E The Cray T3E was Cray Research's second-generation massively parallel supercomputer architecture, launched in 1995. Like the previous Cray T3D It was a fully distributed memory machine using a 3D torus topology interconnection network. (TM), Cray SuperCluster su·per·clus·ter n. A group of neighboring clusters of galaxies. supercluster A large group of neighboring clusters of galaxies, along with isolated galaxies scattered between them, the entire collection (R) and Cray SV2(TM) systems together represent the future of supercomputing. Go to www.cray.com for more information on 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 such risk factors are expected delivery and acceptance times, and timely availability of commercially acceptable components from third party suppliers. For a discussion of such risks, and other risks that could affect Cray's future performance, please see "Factors That Could Affect Future Results" in Cray Inc.'s quarterly report on Form 10-Q Form 10-Q See 10-Q. . Note to Editors: Cray and SuperCluster are registered trademarks, and Cray SV1, Cray SV2 and Cray T3E are trademarks of Cray Inc. All other trademarks are the property of their respective owners. |
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