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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Cray Inc.    CRAY

CRAY INC.

(CRAY)
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Cray Supercomputer to Accelerate Environmental Genomics Research at Singapore Centre for Environmental Life Sciences Engineering

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06/18/2019 | 03:02am EDT

SEATTLE and FRANKFURT, Germany, June 18, 2019 (GLOBE NEWSWIRE) -- Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today announced that the Singapore Centre for Environmental Life Sciences Engineering (SCELSE), a renowned Research Center of Excellence at Nanyang Technological University, Singapore (NTU Singapore), has awarded the company a contract for a Cray® CS500™ cluster supercomputer. SCELSE will use the supercomputer for fast tracking its environmental meta-omics projects.

SCELSE’s research into understanding and controlling environmental microbial communities requires incredibly complex data analysis on a large scale. Running and analyzing these massive datasets has traditionally been a highly time-intensive process for life science researchers, who frequently work against the clock to meet their deadlines, especially in clinical and public health related projects. With these concerns in mind, system performance was a key consideration in the center’s search for a new High Performance Computing (HPC) solution, and the primary reason for choosing Cray.

“We’re thrilled that SCELSE has placed its trust in Cray to power its scientific research,” said Nick Gorga, vice president of sales for the Asia-Pacific region at Cray. “Life science research is advancing rapidly, and Cray’s technology is helping research centers across the globe manage the growing complexity and volume of their data sets, and accelerate time-to-value of data analysis. With the performance, capacity and scalability of the Cray CS500, SCELSE’s groundbreaking research will no longer be constricted by the limits of its computational infrastructure.”

NTU Prof Stephan Schuster, Research Director at SCELSE said, “The new Cray supercomputer at SCELSE will play an important role in enabling us to keep pace with the evolving needs and computational demands of interdisciplinary research. By rapidly speeding up the time it takes to process and analyze data, we will be able to save time and energy, and focus on more important scientific endeavors.”

The CS500 was selected for its superior price-performance, scalability and functionality – surpassing all other solutions in an open tender. Cray’s price/performance matrix appealed to SCELSE, and the core count of the system will contain more than 12,000 AMD EPYC™ processor cores.

Cray’s CS500 cluster supercomputers are highly scalable, flexible and customizable systems designed to provide users with a wide selection of configurations. The CS500 is uniquely suited to handle the broadest range of simulations and run data-intensive workloads smoothly at capacity.

The first phase of the system has been delivered and put into production in June 2019.

For more information on Cray visit www.cray.com.

About Cray Inc.
Cray Inc. (Nasdaq:CRAY) combines computation and creativity so visionaries can keep asking questions that challenge the limits of possibility. Drawing on more than 45 years of experience, Cray develops the world’s most advanced supercomputers, pushing the boundaries of performance, efficiency and scalability. Cray continues to innovate today at the convergence of data and discovery, offering a comprehensive portfolio of supercomputers, high-performance storage, data analytics and artificial intelligence solutions. Go to www.cray.com for more information.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements related to Cray’s ability to deliver a system that meets SCELSE’s requirements. These statements involve current expectations, forecasts of future events and other statements that are not historical facts. Inaccurate assumptions and known and unknown risks and uncertainties can affect the accuracy of forward-looking statements and cause actual results to differ materially from those anticipated by these forward-looking statements. Factors that could affect actual future events or results include, but are not limited to, the risk that the system required by SCELSE is not delivered in a timely fashion or does not perform as expected and such other risks as identified in the Company’s quarterly report on Form 10-Q for the quarter ended March 31, 2019, and from time to time in other reports filed by Cray with the U.S. Securities and Exchange Commission. You should not rely unduly on these forward-looking statements, which apply only as of the date of this release. Cray undertakes no duty to publicly announce or report revisions to these statements as new information becomes available that may change the Company’s expectations.

CRAY is registered trademark of Cray Inc. in the United States and other countries. CS is a trademark of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

Cray Media:
Diana Brodskiy
415/306-6199
pr@cray.com

Cray Investors:
Paul Hiemstra
206/701-2044
ir@cray.com

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© GlobeNewswire 2019
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