Cray Inc. (cray)

[jonny_red]

Stocks to Watch May 20th 2019 $UAA & $CRAY

https://www.transparenttraders.me/2019/05/stocks-to-watch-may-20th-2019.html

[whytestocks]

News: $CRAY URGENT ALERT: Monteverde & Associates PC Launches Legal Inquiry Regarding the Buyout

NEW YORK, NY / ACCESSWIRE / May 19, 2019 / Juan Monteverde , founder and managing partner at Monteverde& Associates PC , a national securities firm headquartered at the Empire State Building in New York City, is investigating: Cray Inc. ( CRAY ) in connection with the pro...

Find out more https://marketwirenews.com/news-releases/urgent-alert-monteverde-associates-pc-launches-legal-inquiry-regarding-the-buyout-8212268.html

[whytestocks]

News: $CRAY The AI Eye: Microsoft Partners with General Assembly to Close AI Skills Gap and HP to Acquire Supercomputing Firm Cray

Point Roberts, WA and Vancouver, BC - May 17, 2019 (Investorideas.com Newswire) Investorideas.com ( www.investorideas.com ), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in arti...

Got this from https://marketwirenews.com/news-releases/the-ai-eye-microsoft-partners-with-general-assembly-to-close-ai-skills-gap-and-hp-to-acquire-supercomputing-firm-cray-8208336.html

[whytestocks]

News: $CRAY Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Cray Inc. (NASDAQ: CRAY) on Behalf of Cray Shareholders and Encourages Cray Investors to Contact the Firm

NEW YORK, May 17, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Cray Inc. (NASDAQ: CRAY) on behalf of Cray shareholders concerning the proposed acquisition of the company by Hewlett Packard Enterprise Company (NY...

Got this from https://marketwirenews.com/news-releases/bragar-eagel-squire-p-c-is-investigating-the-board-of-directors-of-cray-inc-nasdaq-cray-on-behalf-of-cray-shareholders-and-encourages-cray-investors-to-contact-the-firm-8208260.html

[whytestocks]

News: $CRAY ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Cray Inc.

NEW YORK , May 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Cray Inc. (NASDAQ: CRAY) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Hewlett Packard Enterprise (NYSE: HPE). Stockholder...

Read the whole news https://marketwirenews.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-cray-inc--8207022.html

[whytestocks]

News: $CRAY (CRAY) Alert: Johnson Fistel Investigates Proposed Sale of Cray Inc.; Are Shareholders Getting a Fair Deal?

SAN DIEGO , May 17, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Cray Inc. (NASDAQ: CRAY) breached their fiduciary duties in connection with the proposed sale of the Company to Hewlett Packard Enterpri...

In case you are interested https://marketwirenews.com/news-releases/-cray-alert-johnson-fistel-investigates-proposed-sale-of-cray-inc-are-shareholders-getting-a-fair-deal--8205804.html

[whytestocks]

News: $CRAY HPE to Acquire Supercomputing Leader Cray

Combined Company Will Drive Next Generation of High Performance Computing Accelerates HPE’s strategy to tackle customers’ most data-intensive challenges by combining deep supercomputing talent and cutting-edge technologies Establishes the most comprehensive end-to-en...

Got this from https://marketwirenews.com/news-releases/hpe-to-acquire-supercomputing-leader-cray-8204906.html

[weedtrader420]

Hewlett Packard Enterprises near deal to buy cray nice$$$

[weedtrader420]

wow fastest computers in the world this stock could go to $100 easy

[weedtrader420]

$35 Target price

[whytestocks]

News: $CRAY Cray Inc. Reports First Quarter 2019 Financial Results

SEATTLE, May 07, 2019 (GLOBE NEWSWIRE) -- Global supercomputer leader Cray Inc. (Nasdaq: CRAY) today announced financial results for its first quarter ended March 31, 2019. All figures in this release are based on U.S. GAAP unless otherwise noted. A reconciliation of GAAP to non-GAA...

Got this from https://marketwirenews.com/news-releases/cray-inc-reports-first-quarter-2019-financial-results-8135730.html

[whytestocks]

News: $CRAY Cray Pursues Advanced Research With DOE for Exascale Systems

SEATTLE, May 07, 2019 (GLOBE NEWSWIRE) -- Cray Inc. and the U.S. Department of Energy (DOE) today announced they are pushing forward the technology boundaries of computational science with the development of the “Frontier” exascale supercomputer for Oak Ridge National Laborato...

In case you are interested https://marketwirenews.com/news-releases/cray-pursues-advanced-research-with-doe-for-exascale-systems-8130912.html

[weedtrader420]

Cray and AMD nice fastest computers in the world will be adding to my position

[chmcnfunds]

China reminds Trump that supercomputing is a race

China to produce exascale prototype by year end

Patrick Thibodeau By Patrick Thibodeau | Follow
Senior Editor, Computerworld | JAN 19, 2017 1:41 PM PT

China intends to develop a prototype of an exascale supercomputer by the end of 2017, tweaking an exascale delivery date that's already well ahead of the U.S. The timing of the announcement, reported by an official government news service, raised the possibility it was a message to President-elect Donald Trump.

China's announcement comes the same week Trump takes office. The Trump administration is bringing a lot of uncertainty to supercomputing research, which is heavily dependent on government funding.

[ Further reading: The march toward exascale computers ]
"The exascale race is also a publicity and mindshare race," said Steve Conway, a high-performance computing analyst at IDC. "The Chinese are putting a stake in the ground and saying we're going to have a prototype computer soon, maybe a year or so sooner than people expected," he said.

The Hill reported Thursday that the Trump administration is planning deep cuts at the U.S. Department of Energy, which funds the development of the America's largest supercomputers.

This report, which didn't name sources, said the Trump administration was considering cutting advanced scientific computing research to 2008 levels, a position advocated by conservative think tank The Heritage Foundation.

China's exascale prototype update, a system previously expected in 2018, arrived at the same time a U.S. Senate committee held a confirmation hearing of Rick Perry, the former Texas governor and Trump's nominee for Secretary of Energy.

Perry once called for the elimination of the department, but at today's confirmation hearing he said he regretted that earlier statement.

"I am a major proponent of maintaining American leadership in the area of scientific inquiry," said Perry, in prepared remarks to the Senate Energy and Natural Resources Committee. "I support the academic and government mission of basic research, even when it will not yield benefits for a generation."

[To comment on this story, visit Reddit, where discussion has been lively.]
China is building a supercomputing program not only to advance its scientific research capabilities, but to help it develop an IT industry independent of U.S. technology. Its TaihuLight system was built entirely with Chinese-produced microprocessors.

"A complete computing system of the exascale supercomputer and its applications can only be expected in 2020, and will be 200 times more powerful than the country's first petaflop computer Tianhe-1, recognized as the world's fastest in 2010," said Zhang Ting, application engineer with the Tianjin-based National Supercomputer Center, according to the report in the China Daily.

China had previously set 2020 as its delivery date for an exascale system, so the prototype plan does not change the broader deadline.

TaihuLight, can reach a peak of just over 125 petaflops. A petaflop system can perform one quadrillion arithmetic operations per second. An exascale system is 1,000 petaflops.

"It's not exactly clear what an exascale supercomputer prototype means," said IDC's Conway. The size of it is unknown, but he expects it will be a system with the same architecture of an exascale system, but a smaller version of it.

The U.S. has set a 2023 timeframe for development of an exascale system that is fully capable of running applications. The U.S. plans to order the systems in 2019, but the Trump administration may have different goals. Japan, Europe and maybe even Russia are in the race to build exascale systems.

The Department of Energy develops and safeguards the nation's nuclear weapons. It uses supercomputers to conduct simulations of nuclear weapons. But these systems are also used heavily for basic research by academic and industry researchers throughout the U.S.
_______________________________________________

http://www.computerworld.com/article/3159589/high-performance-computing/china-reminds-trump-that-supercomputing-is-a-race.html

CRAY

[chmcnfunds]

No-one loves CRAY? Picked up more shares today @ $16.50.



CRAY

[chmcnfunds]

Back in CRAY @ $16.85. Now at close to 52 week low and possible double bottom:



Earnings in approx 3 weeks:

Feb 9, 2017
Q4 2016 Cray Inc Earnings Release (Estimated) - 4:00PM EST

CRAY

[UNDAUNTED]

I bought 108 shares on 8/8 @ $21.71. Expecting this to be over $25 soon. I'll probably exit then to be safe, but I expect it will be back close to $30 within 6 months.

[chmcnfunds]

Were you buying or selling? Does your broker charge $4.95 per trade?

CRAY

[r clarke]

No, that was me getting just a bit carried away.


LOL





"Definitely big institutions on this one. Last trade was for $1,612,979!!"

[chmcnfunds]

Definitely big institutions on this one. Last trade was for $1,612,979!!

CRAY

[chmcnfunds]

Guess should have sold on the bounce today but got a few additional shares. Almost at the one year low.

Retailers have little say. ~95% institutional holdings:

http://www.nasdaq.com/symbol/cray/institutional-holdings

CRAY

[chmcnfunds]

Got to agree. Just got in @ $21.40. Always regains big drops. Now oversold:



Thinking the smoke can't have a long term effect.

Good luck.

CRAY

[r clarke]

30% pullback seems just a tad excessive.
Took an initial position today.

Part of the issue was the smoke damage to a facility?

[stocktrademan]

CRAY bullish 30.70

bullish macd divergence
macd crossup

[stocktrademan]

$CRAY recent news/filings

bullish 34.82
gap up support
'golden cross' moving average pattern
resistance breakout
a/d and obv bullish

## source: finance.yahoo.com

Fri, 20 Nov 2015 19:48:07 GMT ~ 5 Impressive Stocks Blowing Away Expectations


read full: http://finance.yahoo.com/news/5-impressive-stocks-blowing-away-194807736.html
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Wed, 18 Nov 2015 08:01:00 GMT ~ Cray Wins Six HPCwire Awards

[Marketwired] - At the 2015 Supercomputing Conference in Austin, Texas, global supercomputer leader Cray Inc. today announced the Company won six awards from the readers and editors of HPCwire, as part of the publication's ...

read full: http://finance.yahoo.com/news/cray-wins-six-hpcwire-awards-080100703.html
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Tue, 17 Nov 2015 08:01:00 GMT ~ Cray XC Software to Feature Docker Container Capabilities

[Marketwired] - Global supercomputer leader Cray Inc. today announced it will deliver a high performance computing -optimized Docker solution for the Cray® XC™ line of supercomputers. The new feature will be available ...

read full: http://finance.yahoo.com/news/cray-xc-software-feature-docker-080100286.html
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Mon, 16 Nov 2015 15:05:00 GMT ~ Alfred Wegener Institute Selects Cray CS400 Cluster Supercomputer to Advance Polar and Marine Research

[Marketwired] - Global supercomputer leader Cray Inc. today announced the Company has been awarded a contract to provide the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research with a Cray® CS400™ ...

read full: http://finance.yahoo.com/news/alfred-wegener-institute-selects-cray-150500796.html
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Mon, 16 Nov 2015 15:05:00 GMT ~ University of Warsaw Selects Cray XC40 Supercomputer for Mathematical and Computational Modelling

[Marketwired] - Global supercomputer leader Cray Inc. today announced the Company has been awarded a contract to provide a Cray® XC40™ supercomputer to the Interdisciplinary Centre for Mathematical and Computational Modelling ...

read full: http://finance.yahoo.com/news/university-warsaw-selects-cray-xc40-150500998.html
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$CRAY charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$CRAY company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/CRAY/company-info
Ticker: $CRAY
OTC Market Place: Not Available
CIK code: 0000949158
Company name: Cray, Inc.
Company website: http://www.cray.com
Incorporated In: WA, USA

$CRAY share structure

## source: otcmarkets.com

Market Value: $1,413,467,759 a/o Dec 04, 2015
Shares Outstanding: 40,593,560 a/o Oct 26, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01

$CRAY extra dd links

Company name: Cray, Inc.
Company website: http://www.cray.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CRAY+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CRAY+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CRAY+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CRAY/news - http://finance.yahoo.com/q/h?s=CRAY+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CRAY/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CRAY/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CRAY+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CRAY
DTCC (dtcc.com): http://search2.dtcc.com/?q=Cray%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Cray%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Cray%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.cray.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.cray.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.cray.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CRAY
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000949158&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CRAY/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CRAY/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CRAY&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CRAY
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CRAY/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CRAY+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CRAY+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CRAY
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CRAY
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CRAY+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CRAY/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CRAY+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CRAY.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CRAY
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CRAY/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CRAY/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CRAY
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CRAY
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CRAY:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CRAY
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CRAY



$CRAY DD Notes ~ http://www.ddnotesmaker.com/CRAY

[mkinhaw]

Up 30% nice qrtly report

MK

[DMSupUPANDAWAY]

I am all in on this stock! Recent News, Big contract winner, and a lot of potential. It is also making nice constant breakouts. CHECK OUT THE LINK! BULLISH!
http://www.pcmag.com/article2/0,2817,2460769,00.asp

[chmcnfunds]

CRAY making a nice move today. Haven't seen news:



High short interest:

Settlement Date Short Interest Avg Daily Share Volume Days To Cover
6/13/2014 5,471,416 352,069 15.540749


Read more: http://www.nasdaq.com/symbol/cray/short-interest#ixzz35qtQuWkb

CRAY

[chmcnfunds]

Cray awarded $54M supercomputer contract in Korea

Cray announced the company has been awarded a $54M contract to provide the Korea Meteorological Administration with two next-generation Cray XC supercomputers and a Cray Sonexion storage system. Based in Seoul, Korea, KMA is an operational weather forecasting and climate research centers.
________________________________________

CRAY

[chmcnfunds]

Los Alamos unleashes HPC for unclassified research

Los Alamos National Laboratory recently announced it had installed a new high-performance computer system, called Wolf, which will be used for unclassified research.

Wolf, manufactured by Cray Inc., has 616 compute nodes – each with two 8-core 2.6 GHz Intel Sandybridge processors, 64 GB of memory and a high speed Infiniband interconnect network. It uses the Lab’s existing Panasas parallel file system as well as a new one based on Lustre technology and will run at 197 teraflops per second.

“This machine modernizes our mid-tier resources available to Laboratory scientists,” said Bob Tomlinson, of the Laboratory’s High Performance Computing group. “Wolf is a critical tool that can be used to advance many fields of science.”

Initial science research projects to use Wolf include climate, materials and astrophysics modeling.

The Lab’s Institutional Computing program provides production-computing resources for open and collaborative science at the laboratory through a competitive, peer-reviewed proposal process. Los Alamos scientists use these systems for fundamental as well as applied research in a wide variety of technical fields.

Posted by GCN Staff on Jun 19, 2014 at 11:15 AM
__________________________________________

http://gcn.com/blogs/pulse/2014/06/los-alamos-hpc-wolf.aspx

CRAY

[chmcnfunds]

Cray Joins EU’s Push Toward Exascale Technologies

June 19, 2014 by Dominik Ulmer Leave a Comment

Cray acquired the assets of Gnodal in Bristol, U.K. November of last year. From its start with sales and customer-support organizations in Europe, Cray has made significant additions to its R&D staff, its CTO office and other local teams. Acquiring Gnodal demonstrated Cray’s desire to grow this European R&D team, to collaborate and exchange information with other leaders in the European HPC environment as well as continue our push towards exascale technologies. This collaboration is exemplified by Cray’s recent membership in the European Technology Platform for High-Performance Computing (ETP4HPC).
European Technology Platforms are industry-led forums that collaborate with the European Commission (EC) in Brussels. As stated in the ETP4HPC website, the platforms provide “a framework for stakeholders to define research priorities and action plans on a number of technological areas.” ETP4HPC’s stated mission includes helping stimulate Europe’s economy by encouraging widespread use of HPC in both industry and academia. Today, the organization has 56 members, mainly from industry, ranging from small high-tech companies to large international corporations. Its current focus is developing a strategic research agenda for supercomputing in Europe, “while acting as the ‘one voice’ of the European HPC industry in relations with the European Commission and national authorities.”
The EC just started its new funding framework program for research and innovation, called “Horizon 2020.” The program runs from 2014 to 2020 with a total budget of €70.2 billion. The EC has an exciting portfolio of R&D actions, including for example, flagship projects like the Human Brain Project (HBP), a 10-year program with a budget of €1 billion that aims to simulate the human brain with supercomputers. The HBP encompasses some of the main European HPC centers, including Cray sites like ETH Zurich/CSCS and the University of Edinburgh/EPCC. Simulating the human brain will require completely different supercomputer architectures than are currently on the market. The HBP recently issued a precommercial procurement call for developing blueprints of future computer architectures for large-scale neuroscientific simulations.
By joining ETP4HPC, Cray reinforces its collaboration with leading academic and industrial partners in Europe, and leverages its work with European customers whose requirements lean toward extreme scale computing. Cray will share its views on the future of HPC in Europe, taking into account its own experiences in other regions of the globe. Being accepted as member of the organization enables Cray to be a part of ETP4HPC’s EU development of exascale technologies and enables Cray to continue to grow in Europe.

Dominik Ulmer, Director of Operations, Europe
__________________________________
http://blog.cray.com/?p=6870



CRAY

[Thinknot]

Short

[starbuxsux]

Cray Reports 2012 Full Year and Fourth Quarter Financial Results

4:05 PM ET 2/14/13 | Marketwire

Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced financial results for the year and fourth quarter ended December 31, 2012. For 2012, Cray reported total revenue of $421.1 million, which compares with $236.0 million for 2011. Net income for 2012 was $161.2 million, or $4.27 per share, compared to $14.3 million, or $0.40 per share, for 2011. Income from operations for 2012 was $168.1 million compared to $1.2 million for 2011.

All figures in this release are based on U.S. GAAP unless otherwise noted. A reconciliation of GAAP to non-GAAP measures is included in the financial tables in this press release.

Non-GAAP net income, which adjusts for selected unusual and non-cash items (including the $139.1 million pre-tax gain from the Intel transaction), was $33.3 million, or $0.88 per share, for 2012, compared to non-GAAP net income of $4.7 million, or $0.13 per share, for 2011.

For the fourth quarter of 2012, revenue was $188.8 million compared to $91.6 million in the prior year period. The Company reported net income for the fourth quarter of $14.0 million, or $0.36 per share, compared to $31.0 million, or $0.85 per share, in the fourth quarter of 2011. Non-GAAP net income was $17.2 million, or $0.44 per share, for the fourth quarter of 2012, compared to non-GAAP net income of $17.1 million, or $0.47 per share for the same period last year.

Overall gross profit margin for 2012 was 36 percent compared to 40 percent in 2011. Product margin for 2012 was 35 percent, consistent with 2011 results; service margin for 2012 was 43 percent compared to 49 percent for 2011.

Operating expenses for 2012 were $122.2 million compared to $93.2 million in 2011. Compared to 2011, 2012 operating expenses were impacted by higher incentive based compensation, increased investments in our storage and big data initiatives, fewer R&D co-funding credits and additional expenses which resulted from our acquisition of Appro International.

As of December 31, 2012, cash and investments totaled $323 million.

"We had a great year across the board in 2012, highlighted by the completion of the largest supercomputer and storage system in our company's history," said Peter Ungaro, president and CEO of Cray. "We grew substantially in 2012, posting record revenue and operating profit for the year, and have put ourselves on a path to continue to grow faster than our overall market. With our new cluster solutions and XC30 supercomputer, we've expanded our offerings in the supercomputing market, while our storage and Big Data products continue to gain momentum with new customers. I'm excited about our prospects for 2013 and what we're building for the future."

Outlook

While a wide range of results remains possible for 2013, we expect revenue to be approximately $500 million for the year. Revenue is expected to ramp quarterly during 2013 with roughly $70 million in the first quarter and about 45% of the annual revenue expected in the fourth quarter. For 2013, overall gross margins are anticipated to be in the mid-30% range. Total operating expenses for 2013 are expected to be in the range of $160 million, which includes approximately $8 million in stock-based compensation and amortization of purchased intangibles. Based on this outlook, we expect to be profitable for 2013.

The Company's 2013 effective income tax rate is currently projected to be about 40% but is dependent on a number of variables. Based on this outlook, due to the Company's substantial net operating loss carryforwards, annual income tax provision is expected to be largely non-cash and our effective cash-tax rate is expected to be 8-10%.

Actual results for any future period are subject to large fluctuations given the nature of Cray's business.

Recent Highlights

View data
-- In January, Cray announced a $23 million contract to provide two Cray
XC30 supercomputers and Sonexion 1600 storage systems to Germany's
National Meteorological Service -- the Deutscher Wetterdienst (DWD),
one of the world's premier numerical weather prediction centers.


-- In December, Cray announced it was awarded a $39 million contract from
the North-German Supercomputing Alliance (HLRN) to deliver a
distributed Cray XC30 supercomputing system, which will be operated at
sites in Berlin and Hannover, Germany.


-- In the first quarter of 2013, the Pittsburgh Supercomputing Center
(PSC) launched its uRiKA graph-analytics appliance from YarcData for
efficiently discovering unknown relationships in extremely large and
complex bodies of information. Funded through the Strategic
Technologies for Cyberinfrastructure program of the National Science
Foundation, "Sherlock" features innovative hardware and software, as
well as PSC-specific enhancements, designed to extend the range of
applicability to scales not otherwise feasible.


-- In November, Cray completed the acquisition of Appro International,
Inc.


-- In November, Cray expanded its Sonexion storage product line with the
launch of the Cray Sonexion 1600 system. This next generation of
Cray's integrated storage appliance offers substantial improvements in
performance, density, installation time and ease of use.


-- In November, Cray announced the completion of the final milestone of
its Defense Advanced Research Projects Agency (DARPA) contract related
to the development of its next generation "Cascade" supercomputer.
Cray began shipping this system as the Cray XC30 supercomputer late in
2012.




-- In January, Cray announced a $23 million contract to provide two Cray XC30 supercomputers and Sonexion 1600 storage systems to Germany's National Meteorological Service -- the Deutscher Wetterdienst (DWD), one of the world's premier numerical weather prediction centers. -- In December, Cray announced it was awarded a $39 million contract from the North-German Supercomputing Alliance (HLRN) to deliver a distributed Cray XC30 supercomputing system, which will be operated at sites in Berlin and Hannover, Germany. -- In the first quarter of 2013, the Pittsburgh Supercomputing Center (PSC) launched its uRiKA graph-analytics appliance from YarcData for efficiently discovering unknown relationships in extremely large and complex bodies of information. Funded through the Strategic Technologies for Cyberinfrastructure program of the National Science Foundation, "Sherlock" features innovative hardware and software, as well as PSC-specific enhancements, designed to extend the range of applicability to scales not otherwise feasible. -- In November, Cray completed the acquisition of Appro International, Inc. -- In November, Cray expanded its Sonexion storage product line with the launch of the Cray Sonexion 1600 system. This next generation of Cray's integrated storage appliance offers substantial improvements in performance, density, installation time and ease of use. -- In November, Cray announced the completion of the final milestone of its Defense Advanced Research Projects Agency (DARPA) contract related to the development of its next generation "Cascade" supercomputer. Cray began shipping this system as the Cray XC30 supercomputer late in 2012.

Conference Call Information Cray will host a conference call today, Thursday, Feb. 14, 2013 at 1:30 p.m. PST (4:30 p.m. EST) to discuss its full year and fourth quarter 2012 financial results. To access the call, please dial into the conference at least 10 minutes prior to the beginning of the call at [phone] and enter access code 97433832. International callers may dial [phone] and enter the access code 97433832. To listen to the audio webcast, go to the Investors section of the Cray website at http://investors.cray.com.

If you are unable to attend the live conference call, an audio webcast replay will be available in the Investors section of the Cray website for 180 days. A replay of the call will be available by dialing [phone], and entering the access code 97433832. The conference call replay will be available for 72 hours, beginning at 4:30 p.m. PST (7:30 p.m. EST) on Thursday, February 14.

Use of Non-GAAP Financial Measures This press release contains "non-GAAP financial measures" under the rules of the U.S. Securities and Exchange Commission. A reconciliation of GAAP to non-GAAP results is included in the financial tables included in this press release. Management believes that the non-GAAP financial measures provide additional insight for analysts and investors in evaluating Cray's financial and operational performance in the same way that the management evaluates the company's financial performance. However, these non-GAAP financial measures have limitations as an analytical tool, as they exclude the financial impact of transactions necessary or advisable for the conduct of Cray's business, such as the granting of equity compensation awards, and are not intended to be an alternative to financial measures prepared in accordance with GAAP. Hence, to compensate for these limitations, management does not review these non-GAAP financial metrics in isolation from its GAAP results, nor should investors.

Non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles. This non-GAAP information supplements, and is not intended to represent a measure of performance in accordance with, or disclosures, required by generally accepted accounting principles, or GAAP. These measures are adjusted as described in the reconciliation of GAAP to non-GAAP numbers at the end of this release, but these adjustments should not be construed as an inference that all of these adjustments or costs are unusual, infrequent or non-recurring. Non-GAAP financial measures should be considered in addition to, not as a substitute for or superior to, financial measures determined in accordance with GAAP. Investors are advised to carefully review and consider this non-GAAP information as well as the GAAP financial results that are disclosed in Cray's SEC filings.

About Cray Inc. Global supercomputing leader Cray Inc. (NASDAQ: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of high performance computing (HPC) systems, storage, and Big Data solutions delivering unrivaled performance, efficiency and scalability. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today's limitations and meeting the market's continued demand for realized performance. 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 financial guidance and expected future operating results and its product delivery plans. These statements involve current expectations, forecasts of future events and other statements that are not historical facts. Inaccurate assumptions as well as 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 Cray does not achieve the operational or financial results that it expects, the risk that Cray is not able to successfully complete its planned product development efforts in a timely fashion or at all, the risk that Cray is not able to realize the expected benefits of the acquisition of Appro, the risk that Cray's Big Data and storage growth initiatives are not successful, the risk that Cray will not be able to secure orders for Cray systems to be delivered and accepted in 2013 when or at the levels expected, the risk that the systems ordered by customers are not delivered when expected or do not perform as expected once delivered, the risk that customer acceptances are not received when expected or at all, the risk that Cray is not able to achieve anticipated gross margin or expense levels, and such other risks as identified in the company's quarterly report on Form 10-Q for the period ended September 30, 2012, 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 a registered trademark of Cray Inc. in the United States and other countries and Cray XC, Sonexion, uRiKA and YarcData are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

View data



CRAY INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited and in thousands, except per share data)

Three Months Ended Twelve Months Ended
December 31, December 31,
-------------------- --------------------
2012 2011 2012 2011
--------- --------- --------- ---------
REVENUE:
Product $ 170,961 $ 75,223 $ 353,767 $ 155,561
Service 17,868 16,331 67,291 80,485
--------- --------- --------- ---------

Total revenue 188,829 91,554 421,058 236,046
--------- --------- --------- ---------

COST OF REVENUE:
Cost of product revenue 123,692 46,894 231,237 101,000
Cost of service revenue 10,942 9,532 38,643 40,680
--------- --------- --------- ---------

Total cost of revenue 134,634 56,426 269,880 141,680
--------- --------- --------- ---------

Gross profit 54,195 35,128 151,178 94,366
--------- --------- --------- ---------
OPERATING EXPENSES:
Research and development, net 18,177 6,583 64,303 49,452
Sales and marketing 12,579 7,172 37,180 26,134
General and administrative 7,282 4,233 20,707 15,840
Restructuring 0 (80) 0 1,783
--------- --------- --------- ---------

Total operating expenses 38,038 17,908 122,190 93,209

Net gain on sale of interconnect
hardware development program 0 0 139,068 0
--------- --------- --------- ---------
Income (Loss) from operations 16,157 17,220 168,056 1,157
Other income (expense), net (101) (652) 472 (989)
Interest income (expense), net 60 (93) 204 (33)
--------- --------- --------- ---------
Income (Loss) before income
taxes 16,116 16,475 168,732 135
Income tax (expense) benefit (2,110) 14,529 (7,491) 14,194
--------- --------- --------- ---------
Net Income (Loss) $ 14,006 $ 31,004 $ 161,241 $ 14,329
========= ========= ========= =========

Basic net income (loss) per
common share $ 0.38 $ 0.88 $ 4.42 $ 0.41
--------- --------- --------- ---------
Diluted net income (loss) per
common share $ 0.36 $ 0.85 $ 4.27 $ 0.40
========= ========= ========= =========

Basic weighted average shares 37,130 35,380 36,509 35,122
Diluted weighted average
shares 38,917 36,432 37,789 36,072



CRAY INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited and in thousands)

December 31, December 31,
2012 2011
------------ ------------
ASSETS
Current assets:
Cash and cash equivalents $ 253,065 $ 50,411
Restricted cash - 3,776
Short-term investments 52,563 -
Accounts and other receivables, net 13,440 72,381
Inventory 89,796 97,881
Prepaid expenses and other current assets 11,823 12,932
------------ ------------
Total current assets 420,687 237,381

Long-term investments 17,577 -
Property and equipment, net 25,543 16,462
Service inventory, net 1,490 1,611
Goodwill 14,182 -
Purchased intangible assets, net 7,981 -
Deferred tax assets 10,041 13,352
Other non-current assets 12,813 14,293
------------ ------------
TOTAL ASSETS $ 510,314 $ 283,099
============ ============

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 34,732 $ 38,328
Accrued payroll and related expenses 25,927 11,270
Other accrued liabilities 8,616 5,414
Deferred revenue 68,060 44,636
------------ ------------
Total current liabilities 137,335 99,648

Long-term deferred revenue 29,254 14,184
Other non-current liabilities 3,179 2,453
------------ ------------
TOTAL LIABILITIES 169,768 116,285

Shareholders' equity:
Preferred stock - -
Common stock and additional paid-in capital 577,938 564,148
Accumulated other comprehensive income 5,181 6,480
Accumulated deficit (242,573) (403,814)
------------ ------------
TOTAL SHAREHOLDERS' EQUITY 340,546 166,814
------------ ------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 510,314 $ 283,099
------------ ------------



CRAY INC. AND SUBSIDIARIES
Reconciliation of Selected U.S. GAAP Measures to non-GAAP Measures
GAAP to non-GAAP Net Income
(Unaudited; in millions except per share amounts)

Three months ended Twelve months ended
December 31, December 31,
-------------------- --------------------
2012 2011 2012 2011
--------- --------- --------- ---------
GAAP Net Income $ 14.0 $ 31.0 $ 161.2 $ 14.3

Non-GAAP adjustments
impacting gross profit
Share-based
compensation (1) $ 0.1 $ 0.1 $ 0.3 $ 0.5
Amortization of
acquired intangibles (3) $ 0.2 $ - $ 0.2 $ -
--------- --------- --------- ---------
Total adjustments
impacting gross profit $ 0.3 $ 0.1 $ 0.5 $ 0.5

Non-GAAP adjustments
impacting operating
expenses
Share-based
compensation (1) $ 1.6 $ 0.8 $ 5.6 $ 3.1
Restructuring charges (2) $ - $ (0.1) $ - $ 1.8
Amortization of
acquired intangibles (3) $ 0.1 $ - $ 0.1 $ -
Acquisition costs (3) $ 0.9 $ - $ 0.9 $ -
--------- --------- --------- ---------
Total adjustments
impacting operating
expenses $ 2.6 $ 0.7 $ 6.6 $ 4.9

Gain on sale to Intel (4) $ - $ - $ (139.1) $ -

Non-GAAP adjustments
impacting tax provision
Income tax on
reconciling items (5) $ (0.1) $ - $ 4.4 $ (0.3)
Other items impacting
tax provision (6) $ 0.4 $ (14.7) $ (0.3) $ (14.7)
--------- --------- --------- ---------
Total adjustments
impacting tax provision $ 0.3 $ (14.7) $ 4.1 $ (15.0)

Non-GAAP Net Income $ 17.2 $ 17.1 $ 33.3 $ 4.7
========= ========= ========= =========

Non-GAAP Net Income per
common share $ 0.44 $ 0.47 $ 0.88 $ 0.13
========= ========= ========= =========

Diluted weighted average
shares 38.9 36.4 37.8 36.1

----------------------------------------------------------------------------
Notes
(1) Adjustments to exclude non-cash expenses related to share-based
compensation
(2) Restructuring charges consisted primarily of severance expense
(3) Adjustments to exclude amortization of acquired intangible assets and
other acquisition-related charges related to recent Appro acquisition.
(4) Adjustment to exclude gain on divestiture of interconnect hardware
development program in Q2 2012
(5) Tax impact associated with reconciling items at non-GAAP tax rate
(6) Adjustments to reflect cash tax impact considering benefits principally
related to Company's net operating loss carryforwards and changes in
Company's valuation allowance held against deferred tax assets
----------------------------------------------------------------------------


CRAY INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited and in thousands, except per share data) Three Months Ended Twelve Months Ended December 31, December 31, -------------------- -------------------- 2012 2011 2012 2011 --------- --------- --------- --------- REVENUE: Product $ 170,961 $ 75,223 $ 353,767 $ 155,561 Service 17,868 16,331 67,291 80,485 --------- --------- --------- --------- Total revenue 188,829 91,554 421,058 236,046 --------- --------- --------- --------- COST OF REVENUE: Cost of product revenue 123,692 46,894 231,237 101,000 Cost of service revenue 10,942 9,532 38,643 40,680 --------- --------- --------- --------- Total cost of revenue 134,634 56,426 269,880 141,680 --------- --------- --------- --------- Gross profit 54,195 35,128 151,178 94,366 --------- --------- --------- --------- OPERATING EXPENSES: Research and development, net 18,177 6,583 64,303 49,452 Sales and marketing 12,579 7,172 37,180 26,134 General and administrative 7,282 4,233 20,707 15,840 Restructuring 0 (80) 0 1,783 --------- --------- --------- --------- Total operating expenses 38,038 17,908 122,190 93,209 Net gain on sale of interconnect hardware development program 0 0 139,068 0 --------- --------- --------- --------- Income (Loss) from operations 16,157 17,220 168,056 1,157 Other income (expense), net (101) (652) 472 (989) Interest income (expense), net 60 (93) 204 (33) --------- --------- --------- --------- Income (Loss) before income taxes 16,116 16,475 168,732 135 Income tax (expense) benefit (2,110) 14,529 (7,491) 14,194 --------- --------- --------- --------- Net Income (Loss) $ 14,006 $ 31,004 $ 161,241 $ 14,329 ========= ========= ========= ========= Basic net income (loss) per common share $ 0.38 $ 0.88 $ 4.42 $ 0.41 --------- --------- --------- --------- Diluted net income (loss) per common share $ 0.36 $ 0.85 $ 4.27 $ 0.40 ========= ========= ========= ========= Basic weighted average shares 37,130 35,380 36,509 35,122 Diluted weighted average shares 38,917 36,432 37,789 36,072 CRAY INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited and in thousands) December 31, December 31, 2012 2011 ------------ ------------ ASSETS Current assets: Cash and cash equivalents $ 253,065 $ 50,411 Restricted cash - 3,776 Short-term investments 52,563 - Accounts and other receivables, net 13,440 72,381 Inventory 89,796 97,881 Prepaid expenses and other current assets 11,823 12,932 ------------ ------------ Total current assets 420,687 237,381 Long-term investments 17,577 - Property and equipment, net 25,543 16,462 Service inventory, net 1,490 1,611 Goodwill 14,182 - Purchased intangible assets, net 7,981 - Deferred tax assets 10,041 13,352 Other non-current assets 12,813 14,293 ------------ ------------ TOTAL ASSETS $ 510,314 $ 283,099 ============ ============ LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 34,732 $ 38,328 Accrued payroll and related expenses 25,927 11,270 Other accrued liabilities 8,616 5,414 Deferred revenue 68,060 44,636 ------------ ------------ Total current liabilities 137,335 99,648 Long-term deferred revenue 29,254 14,184 Other non-current liabilities 3,179 2,453 ------------ ------------ TOTAL LIABILITIES 169,768 116,285 Shareholders' equity: Preferred stock - - Common stock and additional paid-in capital 577,938 564,148 Accumulated other comprehensive income 5,181 6,480 Accumulated deficit (242,573) (403,814) ------------ ------------ TOTAL SHAREHOLDERS' EQUITY 340,546 166,814 ------------ ------------ TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 510,314 $ 283,099 ------------ ------------ CRAY INC. AND SUBSIDIARIES Reconciliation of Selected U.S. GAAP Measures to non-GAAP Measures GAAP to non-GAAP Net Income (Unaudited; in millions except per share amounts) Three months ended Twelve months ended December 31, December 31, -------------------- -------------------- 2012 2011 2012 2011 --------- --------- --------- --------- GAAP Net Income $ 14.0 $ 31.0 $ 161.2 $ 14.3 Non-GAAP adjustments impacting gross profit Share-based compensation (1) $ 0.1 $ 0.1 $ 0.3 $ 0.5 Amortization of acquired intangibles (3) $ 0.2 $ - $ 0.2 $ - --------- --------- --------- --------- Total adjustments impacting gross profit $ 0.3 $ 0.1 $ 0.5 $ 0.5 Non-GAAP adjustments impacting operating expenses Share-based compensation (1) $ 1.6 $ 0.8 $ 5.6 $ 3.1 Restructuring charges (2) $ - $ (0.1) $ - $ 1.8 Amortization of acquired intangibles (3) $ 0.1 $ - $ 0.1 $ - Acquisition costs (3) $ 0.9 $ - $ 0.9 $ - --------- --------- --------- --------- Total adjustments impacting operating expenses $ 2.6 $ 0.7 $ 6.6 $ 4.9 Gain on sale to Intel (4) $ - $ - $ (139.1) $ - Non-GAAP adjustments impacting tax provision Income tax on reconciling items (5) $ (0.1) $ - $ 4.4 $ (0.3) Other items impacting tax provision (6) $ 0.4 $ (14.7) $ (0.3) $ (14.7) --------- --------- --------- --------- Total adjustments impacting tax provision $ 0.3 $ (14.7) $ 4.1 $ (15.0) Non-GAAP Net Income $ 17.2 $ 17.1 $ 33.3 $ 4.7 ========= ========= ========= ========= Non-GAAP Net Income per common share $ 0.44 $ 0.47 $ 0.88 $ 0.13 ========= ========= ========= ========= Diluted weighted average shares 38.9 36.4 37.8 36.1 ---------------------------------------------------------------------------- Notes (1) Adjustments to exclude non-cash expenses related to share-based compensation (2) Restructuring charges consisted primarily of severance expense (3) Adjustments to exclude amortization of acquired intangible assets and other acquisition-related charges related to recent Appro acquisition. (4) Adjustment to exclude gain on divestiture of interconnect hardware development program in Q2 2012 (5) Tax impact associated with reconciling items at non-GAAP tax rate (6) Adjustments to reflect cash tax impact considering benefits principally related to Company's net operating loss carryforwards and changes in Company's valuation allowance held against deferred tax assets ----------------------------------------------------------------------------

Cray Media:
Nick Davis
206/701-2123
[e-mail]

Investors:
Paul Hiemstra
206/701-2044
[e-mail]


SOURCE: Cray Inc.

mailto:[e-mail]
mailto:[e-mail]

[starbuxsux]

Adaptive Computing to Work with Cray to Manage Computing Workloads for the North-German Supercomputing Alliance (HLRN)

8:15 AM ET 1/15/13 | BusinessWire

--Moab, Adaptive Computing's Patented Workload Management Technology, Optimizes HPC Environments

Adaptive Computing, the largest provider of High-Performance Computing (HPC) workload management and private cloud management software, today announced that it will work with Cray Inc. to manage computing workloads for the North-German Supercomputing Alliance (HLRN). Using its Moab HPC Suite, Adaptive Computing is managing HLRN's computing workload on a distributed Cray XC30 supercomputing system of more than 6,500 network sockets, with nearly 1,000 more sockets expected to be added.

"We have been a long-time customer of Adaptive Computing because they allow us to fully meet our research objectives," said Wolfgang W. Baumann, support coordinator of HLRN. "An additional benefit Moab offers is green functionality, which we will be implementing to help protect the environment through efficient usage. From flexibility of system administration to a strong policy engine, Moab's key usability factors make it the best software to power our new system."

Two HLRN sites - the Zuse Institute Berlin (ZIB) and the High Performance Computing Center (RRZN) at Leibniz University in Hannover, Germany - are leveraging Adaptive Computing's technology to support their advanced scientific research in a variety of fields, including bio-informatics, chemistry, climate and ocean modeling, engineering, environmental research, fluid dynamics and physics.

"Joining forces with Adaptive Computing will allow us to run Cray XC30 at two HLRN locations in an extremely efficient and balanced way," said Peg Williams, Cray's senior vice president of high performance computing systems. "By leveraging the Moab intelligence engine with our innovative supercomputing system, our combined offering provides organizations with an excellent integrated HPC solution."

The HPC suite is powered by Moab, Adaptive Computing's intelligent workload management software, which optimizes scheduling and management across workloads and resources based on policies. Accelerating results delivery and maximizing utilization, the Moab HPC Suite simplifies workload management across complex, heterogeneous cluster HPC environments. It leverages the multidimensional policies in Moab to continually schedule and monitor workloads, resources, SLAs and priorities to optimize workload output.

"We look forward to continuing our rewarding relationship with HLRN on their new system, one of the largest Cray deployments in Europe," said Rob Clyde, CEO of Adaptive Computing. "Working with Cray not only bolsters our international presence, but is further evidence of the worldwide demand for our products."

About HLRN

The North-German Supercomputing Alliance (Norddeutscher Verbund fur Hoch- und Hochstleistungsrechnen - HLRN) is a joint project of the seven North-German states of Berlin, Brandenburg, Bremen, Hamburg, Mecklenburg-Vorpommern, Niedersachsen, and Schleswig-Holstein, and was established in 2001. The HLRN alliance jointly operates a distributed supercomputer system hosted at Zuse Institute Berlin (ZIB) and at Regionales Rechenzentrum fur Niedersachen (RRZN) at Leibniz University Hannover.

About Adaptive Computing

Adaptive Computing is the largest provider of High-Performance Computing (HPC) workload management software and manages the world's largest cloud computing environment with Moab, a self-optimizing dynamic cloud management solution and HPC workload management system. Moab(R), a patented multidimensional intelligence engine, delivers policy-based governance, allowing customers to consolidate and virtualize resources, allocate and manage applications, optimize service levels and reduce operational costs. Adaptive Computing offers a portfolio of Moab cloud management and Moab HPC workload management products and services that accelerate, automate, and self-optimize IT workloads, resources, and services in large, complex heterogeneous computing environments such as HPC, data centers and cloud. Our products act as a brain on top of existing and future diverse infrastructure and middleware to enable it to self-optimize and deliver higher ROI to the business with its:

Moab Cloud Suite for self-optimizing cloud management

Moab HPC Suite for self-optimizing HPC workload management

For more information, call [phone] or visit www.adaptivecomputing.com.

NOTE TO EDITORS: If you would like additional information on Adaptive Computing and its products, please visit the Adaptive Computing Newsroom at http://www.adaptivecomputing.com/category/news/. All prices noted are in U.S. dollars and are valid only in the United States.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130115005291r1&sid=cmtx4&distro=nx

SOURCE: Adaptive Computing

Adaptive Computing
Jill King, 801-717-3720
[e-mail]
or
Method Communications
Joshua Heath, 801-461-9794
[e-mail]

[starbuxsux]

Germany's Meteorological Service DWD Awards $23 Million Contract to Cray

Jan 15, 2013 07:00:44 (ET)

SEATTLE, WA and OFFENBACH, GERMANY, Jan 15, 2013 (MARKETWIRE via COMTEX) -- Global supercomputer leader Cray Inc. today announced it has been awarded a $23 million dollar contract to provide two Cray XC30 supercomputers and two Cray Sonexion 1600 storage systems to Germany's National Meteorological Service -- the Deutscher Wetterdienst (DWD). Located in Offenbach, Germany, DWD is one of the world's premier numerical weather prediction centers.

Researchers and scientists at DWD will be able to apply the petascale computing resources of the two Cray XC30 supercomputers -- one of which will be used for production and the other for research and backup -- towards its mission of meeting the meteorological requirements arising from all areas of economy and society in Germany. The new Cray supercomputers will enable DWD to produce higher resolution and more accurate global and regional weather forecasts to help fulfill the organization's wide array of weather responsibilities, such as the meteorological safeguarding of aviation and shipping, and the issuance of official warnings of weather occurrences that could become a danger for public safety.

"At our national meteorological service, we are responsible for providing services for the protection of life and property in the form of weather and climate information," said Prof. Dr. Gerhard Adrian, President of DWD. "This is the core task of the DWD, and thus it is imperative that we equip our researchers and scientists with scalable, productive, and above all, highly reliable supercomputing systems. The Cray XC30 supercomputers will be valuable resources for us, and we are pleased to be working with Cray."

"DWD is one of the world's most prestigious numerical weather prediction centers, and we're honored to provide them with the supercomputing technologies necessary for delivering such an extensive range of important services," said Dr. Ulla Thiel, Cray vice president, Europe. "We are looking forward to building a strong collaboration and close partnership with DWD. This contract is yet another example of how we continue to expand our presence in the meteorological community in Europe and across the globe."

Previously code-named "Cascade," the Cray XC30 supercomputer is Cray's most advanced high performance computing (HPC) system and is engineered to meet the performance challenges of HPC users. The Cray XC30 supercomputer features the new Aries system interconnect; a new Dragonfly network topology that frees applications from locality constraints; an innovative cooling system that utilizes a transverse airflow to lower customers' total cost of ownership; the next-generation of the scalable, high performance Cray Linux Environment that also supports a wide range of ISV applications; Cray's HPC optimized programming environment; and the ability to handle a wide variety of processor types including the Intel(R) Xeon(R) processors -- a first for Cray's high-end systems.

The two Cray Sonexion 1600 storage systems that will be deployed at DWD will have a combined capacity of more than 3 petabytes of storage and 72 gigabytes per-second of combined bandwidth. Cray's Sonexion Lustre System for HPC provides an embedded, compact design that can reduce the overall storage footprint by up to 50 percent over component-based solutions. Sonexion ensures consistency and predictability when scaling Lustre, and offers precision performance, optimal scalability, and an open solution for HPC and Big Data in a compact form factor.

Consisting of products and services, the multi-year, multi-phase contract is valued at more than $23 million, and the systems are expected to be delivered and put into production in 2013 and 2014.

About Cray Inc. Global supercomputing leader Cray Inc. provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of high performance computing (HPC) systems, storage, and Big Data solutions delivering unrivaled performance, efficiency and scalability. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today's limitations and meeting the market's continued demand for realized performance. 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 the systems required by DWD when required and that meet DWD's needs. 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 systems required by DWD are not delivered in a timely fashion or do not perform as expected and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended September 30, 2012, 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 a registered trademark of Cray Inc. in the United States and other countries, and Cray XC30, Sonexion and Cray Linux Environment are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

Cray Media:
Nick Davis
206/701-2123
[e-mail]

Cray Investors:
Paul Hiemstra
206/701-2044
[e-mail]



SOURCE: Cray Inc.

mailto:[e-mail]
mailto:[e-mail]

[IdeaGuy1]

Cray "Carving a Niche In Big Data"

http://seekingalpha.com/article/1023501-cray-is-carving-a-niche-in-big-data

[chmcnfunds]

Cray Wins Contract to Build Cluster at Swiss Supercomputing Center

SEATTLE, WA and LUGANO, Switzerland, Sept. 19 —

Global supercomputer leader Cray Inc. today announced it has been awarded a contract to provide the Swiss National Supercomputing Centre (CSCS) with a next-generation Cray supercomputer code-named “Cascade” and a next-generation Cray Sonexion storage system. The Cascade system will be located at CSCS’s new high performance computing facility, which was inaugurated last month in Lugano, Switzerland.

The combination of Cascade and the Sonexion storage system will equip researchers and scientists in Switzerland with some of Cray’s most advanced, high performance computing (HPC) technologies, while reinforcing the Centre’s mission of ensuring that the Swiss scientific and industrial communities have the supercomputing resources necessary to stay competitive on an international level.

CSCS, the Swiss innovation driver in HPC, has a track record of acquiring very early versions of new generations of supercomputing architectures. For several years now, Cray and CSCS have worked together to provide the Centre’s users with a broad array of cutting-edge HPC technologies.

“We are very proud of the long and close partnership we have developed with CSCS,” said Dr. Ulla Thiel, Cray vice president, Europe. “We are thrilled to be installing a large, next-generation Cray supercomputer at CSCS later this year. This system will be an excellent base for an ambitious joint research and co-development program, and will enable the scientific users of CSCS to be at the forefront of technology.”

Cray’s Cascade supercomputer, which is expected to be widely available in 2013, is the next step in Cray’s Adaptive Supercomputing vision. The system will feature major advancements to the Cray Linux Environment, Cray’s HPC-optimized programming environment, and a next-generation interconnect chipset called Aries. The Cascade supercomputer is in part made possible by Cray’s participation in the Defense Advanced Research Projects Agency’s (DARPA) High Productivity Computing Systems program.

The Cascade system that will be delivered to CSCS will go into production in 2013 and is expected to deliver a peak performance of 750 TFlops/s. Acquiring the system is CSCS’s first-step in a multi-year program supporting the Swiss national strategy for HPC. Cascade’s new architectural features, in particular the cutting-edge interconnect technology and processor options, will help Swiss scientists to advance key research in areas such as material science, climate modeling, geosciences, molecular biology and biomedical engineering.

“The new Cascade system will give our science community the opportunity to bear the fruits of application developments within the Swiss HP2C platform,” said CSCS director, Prof. Thomas Schulthess. “In particular, developers’ investments into hybrid and future computing architectures will be rewarded by Cray’s next-generation supercomputer.”

The next-generation Cray Sonexion storage system brings together an integrated file system, software, and storage offering that has been designed specifically for a wide-range of HPC workloads, providing users with an integrated, scalable storage solution that is easy to install and maintain. Cray’s Sonexion storage system combines powerful servers, the latest Lustre parallel file system and efficient management software into a modular and scalable storage product that is tested at scale, and supported as a complete solution by Cray.

About CSCS

Founded in 1991, CSCS, the Swiss National Supercomputing Centre, develops and promotes technical and scientific services for the Swiss research community in the fields of high-performance computing. CSCS enables world-class scientific research by pioneering, operating and supporting leading-edge supercomputing technologies. The centre collaborates with domestic and foreign researchers, and carries out its own research in scientific computing. Located in Lugano, in the southern, Italian-speaking part of Switzerland, CSCS is an autonomous unit of the Swiss Federal Institute of Technology in Zurich (ETH Zurich).

About Cray Inc.

As a global leader in supercomputing, Cray provides highly advanced supercomputers and world-class services and support to government, industry and academia. Cray technology is designed to enable scientists and engineers to achieve remarkable breakthroughs by accelerating performance, improving efficiency and extending the capabilities of their most demanding applications. Cray’s Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today’s limitations and meeting the market’s continued demand for realized performance. Go to www.cray.com for more information.

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Source: Cray Inc.
______________________________________________________
http://www.hpcwire.com/hpcwire/2012-09-19/cray_wins_contract_to_build_cluster_at_swiss_supercomputing_center.html

CRAY

[chmcnfunds]

A Supercomputer to the Rescue in the Gulf of Mexico (CRAY)
A Significant Partnership Gets Underway Relying on Processing Mass Amounts of Data…

By Dennis Askew
Sep 12, 2012 11:12:01 AM PDT

I’ve written positively on Cray Inc. (NASDAQ:CRAY) in the past; seeing the Company’s supercomputers in use at the CIA which I saw on network television. I like the way the Company jumped on “Cloud Computing” early on and garnered a large and continuing market share.

Two weeks ago CRAY entered a deal with the Consortium for Advanced Research on Transport of Hydrocarbon in the Environment (CARTHE), in collaboration with the University of Miami Center for Computational Science (CCS).

CARTHE will acquire a Cray XE6m supercomputer as part of the organization's goal to develop and improve computational tools to accurately predict the fate of hydrocarbons released into the environment during normal and hurricane weather conditions.

"This supercomputer is more important than ever to our project in light of Hurricane Isaac cutting directly through our on-going experiment in the Gulf of Mexico. Data collected during the hurricane may help shed light on how pollutants behave should an oil spill occur before or during a major weather event like Hurricane Isaac," said Tamay Özgökmen, CARTHE director.

The Cray XE6m supercomputer, which will be located at the University of Miami's Rosentiel School of Marine & Atmospheric Science (RSMAS for a CARTHE program that is studying the surface ocean currents that transport pollutants in real time.

Gasoline that serves as fuel for automobiles consists primarily of hydrocarbons and though the majority of hydrocarbons are found naturally in decomposed organic matter, industry and crude oil production produces hydrocarbons which can be harmful if inhaled. Hydrocarbons contribute to the formation of ozone in the atmosphere and are considered to be pollutants.

In the middle of last month I also saw this on network television in a report about how a server farm loaded with Cray’s supercomputers can digest and disseminate a near uncalcuable amount of data.

The report came on the heals on CRAY announcing its next-generation supercomputer code-named "Cascade" will be available with NVIDIA Tesla GPUs and the new Intel Xeon Phi coprocessors.

"Cascade will be the first system to combine three key technologies: the latest Intel Xeon CPUs, Cray's next-generation Aries system interconnect, and new Tesla Kepler-based GPUs, the highest performance, most energy-efficient accelerators ever built," said Sumit Gupta, senior director of the Tesla business unit at NVIDIA. "This combination enables applications to scale to tens of thousands of CPU-GPU nodes to solve the world's most complex scientific computing problems."

A good summer for Cray…

In July, Cray announced it had signed a contract with the Commonwealth Scientific and Industrial Research Organization (CSIRO) to provide the Pawsey Centre in Perth, Australia with a Cascade supercomputer and a next-generation Cray Sonexion storage system as part of a $21 million agreement.

Cray announced in June that it will install a Cascade supercomputer and a next-generation Cray Sonexion storage system at the Department of Energy's National Energy Research Scientific Computing Center (NERSC) in Berkeley, California as part of a $40 million supercomputing agreement.

Bouncing back from a dip shares of CRAY are trading in the $11.91 range today; $1.02 off its 52-week high. There’s been a little normal profit-taking today of the top of the run-up.

I haven’t, don’t, and do not intend on holding any of the companies mentioned in this article.
_________________________________________________
http://www.smallcapnetwork.com/A-Supercomputer-to-the-Rescue-in-the-Gulf-of-Mexico-CRAY/s/via/14/article/view/p/mid/1/id/1020/

CRAY

[chmcnfunds]

Cray Surging in Traditional Pattern (CRAY, IBM, HPQ)
Cray up 78.52% for 2012 with Big Contract Booked

By Jonathan Yates
Sep 5, 2012 6:15:27 AM PDT |

Cray Computers (NASDAQ: CRAY) historically performs best towards the end of the calendar year. Selling its advanced computers to universities, governments and other institutional investors, much of the revenue is booked in the third and fourth quarters. This happens in the high tech sector for companies such as IBM (NYSE: IBM) and Hewlett Packard (NYSE: HPQ), too.

A Cray XE6m Supercomputer was just sold to the Consortium for Advanced Research on Transport of Hydrocarbon in the Environment (CARTHE). The Cray XE6M is being acquired to help CARTHE to develop and improve computational tools to better determine the patterns of hyrdocarbons upon release into the atmosphere. This will be done for both normal and adverse weather conditions, such as hurricanes.

This has been a strong year for Cray, already. Year to date, Cray is up 78.52%. The stock price has more than doubled in the last year of market activity.

Both the balance sheet and income statement point towards this continuing. The capital structure of Cray is very sound: there is no debt and plenty of cash. The stock price-to-cash ratio is 2.02.

Sales and earnings are soaring. On a quarterly basis, sales growth is higher for Cray Inc by 23.94%. Due to several huge deals, earnings-per-share growth for Cray is up this quarter by 4734.29%.

The price-to-earnings ratio for Cray Inc is just 2.54. Its price-to-earnings growth ratio is only 0.13. According to legendary investor Peter Lynch, the PEG is one of the most important indicators. A PEG of 1 is considered to be adequate: the lower the better. IBM has a PEG of 1.33.

Now trading for around $11.50 a share, the mean analyst target price for Cray Inc over the next year of market action is $14.50. With a profit margin of over 50% and a return-on-equity of 73%, Cray Inc should continue rising to that level, particularly with its strongest quarters ahead.
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http://www.smallcapnetwork.com/Cray-Surging-in-Traditional-Pattern-CRAY-IBM-HPQ/s/via/3420/article/view/p/mid/1/id/1285/

CRAY

[chmcnfunds]

Cray XE6 to Assist in Hydrocarbon Research

SEATTLE, WA, Aug. 31 --

Global supercomputer leader Cray Inc. today announced that the Consortium for Advanced Research on Transport of Hydrocarbon in the Environment (CARTHE), in collaboration with the University of Miami Center for Computational Science (CCS), will acquire a Cray XE6m supercomputer as part of the organization's goal to develop and improve computational tools to accurately predict the fate of hydrocarbons released into the environment during normal and hurricane weather conditions.

"This supercomputer is more important than ever to our project in light of Hurricane Isaac cutting directly through our on-going experiment in the Gulf of Mexico. Data collected during the hurricane may help shed light on how pollutants behave should an oil spill occur before or during a major weather event like Hurricane Isaac," said Tamay Oezgoekmen, CARTHE director.

An animated movie of Hurricane Isaac going through the experiment can be seen at http://laplace.ceoe.udel.edu/GLAD/DRIFTERS/GLAD_movie.gif .

Oezgoekmen added, "We have some challenging goals ahead of us as we produce comprehensive modeling hierarchy that provides a four dimensional description of oil/dispersant fate and transport in the Gulf of Mexico and coastal environments across all relevant time and space scales, and in multiple weather conditions. High performance computing is a critical element of our research, and we needed a system that has the performance, usability and demonstrated capabilities that will allow us to start our work now. The Cray XE6m is a great fit for us."

CARTHE is funded by the Gulf of Mexico Research Initiative (GoMRI), which is a 10-year, $500 million independent research program that was established to study the effects of the Deepwater Horizon incident. GoMRI investigates the impacts of oil, dispersed oil, and dispersant on the ecosystems of the Gulf of Mexico and affected coastal States in a broad context of improving fundamental understanding of the dynamics of such events and their environmental stresses and public health implications.

The Cray XE6m supercomputer, which will be located at the University of Miami's Rosentiel School of Marine & Atmospheric Science (RSMAS), will be an important computational resource for a CARTHE program that is studying the surface ocean currents that transport pollutants in real time.

"The Cray XE6m is quite unique and much like a very tightly knit computational ecosystem," said Nick Tsinoremas, CCS director. "It is likely the very best solution for problems of this type today."

CCS staff oversaw real-time data management from the information collected from 300 drifting buoys this summer that occurred in five-minute intervals, and they will continue to provide logistical support to scientists as the data are analyzed throughout the project.

"The Cray supercomputer not only provides impressive computing power, but it represents an entirely new form of computing for many principal investigators whose problems fit into the same sort of paradigm as the CARTHE project," said Joel Zysman, CCS director of high-performance computing. "With the system scheduled to be up and running in approximately nine weeks, we have a wonderful new tool for these researchers."

"The scientists participating in the CARTHE program are performing some vitally important research, and we are honored that a Cray supercomputer will provide the high performance computing resources that are necessary for their studies," said Per Nyberg, Cray's director of business development. "Many of the world's leading weather, climate and oceanography centers run their simulations on Cray supercomputers, and we are pleased that CARTHE has joined our growing list of customers in this segment."

The Cray XE6m system includes the same petascale technologies found in high-end Cray supercomputers, such as Cray's Gemini interconnect, the Cray Linux Environment and powerful AMD Opteron processors. The system is designed to maintain an attractive cost of ownership and extend Cray's presence in market segments that have needs for technical enterprise supercomputing systems, such as the university, manufacturing, weather and life sciences communities. Fully upgradeable from previous generations of Cray supercomputers, the Cray XE6m system is also designed to give customers the ability to upgrade to future Cray systems and technologies.

About CARTHE

CARTHE comprises 26 principal investigators from 12 universities and research institutions distributed across four Gulf of Mexico states and four other states. It fuses into one group of investigators with scientific and technical knowledge and publications related to oil fate/transport processes, oceanic and atmospheric turbulence, air-sea interactions, tropical cyclones and winter storms, and coastal and nearshore modeling and observations. Visit www.carthe.org for more information.

About University of Miami's Center for Computational Science

The University of Miami Center for Computational Science (CCS) was created to catalyze transdisciplinary research in science and engineering with software, hardware and expertise to address complex problems of the 21st century and beyond. CCS provides a framework for promoting collaborative and multidisciplinary activities with partners within the university and around the world. With eight focus areas, it strives for excellence in research, teaching, and service covering the fundamental, as well as applied aspects, of computational science.

About Cray Inc.

As a global leader in supercomputing, Cray provides highly advanced supercomputers and world-class services and support to government, industry and academia. Cray technology is designed to enable scientists and engineers to achieve remarkable breakthroughs by accelerating performance, improving efficiency and extending the capabilities of their most demanding applications. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today's limitations and meeting the market's continued demand for realized performance. Go to www.cray.com for more information.

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Source: Cray
_____________________________________________________
http://www.hpcwire.com/hpcwire/2012-08-31/cray_xe6_to_assist_in_hydrocarbon_research.html

CRAY

[chmcnfunds]

Analyst's ratings:

Average Recommendation: OVERWEIGHT Average Target Price: 14.50
Number of Ratings: 3

_______________________________________________
http://www.marketwatch.com/investing/stock/CRAY/analystestimates?subview=snapshot&pg=analyst

CRAY

[chmcnfunds]

Grade A and Strong Buy according to Navellier:

_____________________________________________________________

Cray Inc. (CRAY)

Rating: Strong Buy Volatility: Moderate
Total Grade: A Industry: Computers & Peripherals
Competitors: AAPL, SSYS, NCR, STX

Stock Analysis
Fundamental Grade: A
Sales Growth: B
Operating Margin Growth: A
Earnings Growth: C
Earnings Momentum: A
Earnings Surprises: A
Analyst Earnings Revisions: A
Cash Flow: A
Return on Equity: A
Quantitative Grade: A
Total Grade: A
Rating: Monthly View

A (Click link below for charts)
B
C
D
F

Rating: Weekly View

This Week: A no change
Last Week: A no change
Two Weeks Ago: A no change
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http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRAY

CRAY

[chmcnfunds]

Cray to Add NVIDIA Kepler GPUs to Its Next-Generation "Cascade" Supercomputer

SEATTLE, WA--(Marketwire - Aug 15, 2012) -

Building upon the Company's commitment to its Adaptive Supercomputing vision, global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced that its next-generation supercomputer code-named "Cascade" will be available with NVIDIA® Tesla® GPUs based on the next-generation NVIDIA Kepler™ GPU computing architecture.

"This is an exciting announcement for us, and for our customers, as it proves that we remain committed to our vision of integrating a range of advanced processing technologies into a single, scalable architecture," said Peg Williams, Cray's senior vice president of high performance computing systems. "Adaptive Supercomputing is about building a robust hardware and software environment that ultimately supports giving our customers choices. Adding the NVIDIA Tesla Kepler-based GPUs, which are designed for computationally intensive HPC environments, into future versions of our Cascade system will give our customers the flexibility to choose from a variety of powerful accelerator options."

In June, Cray announced that the Cascade supercomputer will be available with the new Intel® Xeon Phi™ coprocessors. With these new offerings, Cray customers will be able to customize a Cascade supercomputer with innovative processor technologies that best meets the high performance computing (HPC) needs of their scientific applications. NVIDIA Tesla GPUs and Intel Xeon Phi coprocessors will be available in future versions of Cray's Cascade supercomputer.

Cray's Cascade supercomputer, which is expected to be widely available in 2013, is the next step in Cray's Adaptive Supercomputing vision. The system will feature major advancements to the Cray Linux Environment, Cray's HPC-optimized programming environment, and the next-generation Aries interconnect chipset. Cascade will also feature support for Intel® Xeon® processors -- a first for Cray's high-end systems.

"Cascade will be the first system to combine three key technologies: the latest Intel Xeon CPUs, Cray's next-generation Aries system interconnect, and new Tesla Kepler-based GPUs, the highest performance, most energy-efficient accelerators ever built," said Sumit Gupta, senior director of the Tesla business unit at NVIDIA. "This combination enables applications to scale to tens of thousands of CPU-GPU nodes to solve the world's most complex scientific computing problems."

A number of leading HPC centers around the world have already signed contracts to purchase Cascade systems:
In July, Cray announced it had signed a contract with the Commonwealth Scientific and Industrial Research Organization (CSIRO) to provide the Pawsey Centre in Perth, Australia with a Cascade supercomputer and a next-generation Cray Sonexion storage system as part of a $21 million agreement.

Also in July, Cray announced it had been awarded a supercomputer contract to provide the Finish IT Center for Science Ltd. (CSC) with a Cascade supercomputer.

Cray announced in June that it will install a Cascade supercomputer and a next-generation Cray Sonexion storage system at the Department of Energy's National Energy Research Scientific Computing Center (NERSC) in Berkeley, California as part of a $40 million supercomputing agreement.

In December 2011, Cray announced it was awarded a contract to provide a Cascade supercomputer to the Academic Center for Computing and Media Studies (ACMS) at Kyoto University in Kyoto, Japan.

In October 2010, Cray announced it had signed a contract with the University of Stuttgart to provide a Cascade system to the High Performance Computing Centre Stuttgart (HLRS) in Germany.
The Cascade supercomputer is in part made possible by Cray's participation in the Defense Advanced Research Projects Agency's (DARPA) High Productivity Computing Systems program.
About Cray Inc.

As a global leader in supercomputing, Cray provides highly advanced supercomputers and world-class services and support to government, industry and academia. Cray technology is designed to enable scientists and engineers to achieve remarkable breakthroughs by accelerating performance, improving efficiency and extending the capabilities of their most demanding applications. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today's limitations and meeting the market's continued demand for realized performance. 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 its product development plans, including the timing of availability of the Cray Cascade system that includes the Aries interconnect and NVIDIA and Intel processors described in this press release, Cray's ability to deliver Cascade systems and Sonexion storage systems to the customers described in this press release, the sales prospects of the Cray Cascade system and the performance of the Cray Cascade system. 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 Cray is not able to successfully complete its planned product development efforts related to the Cray Cascade system or to ship the Cray Cascade systems or Sonexion storage systems when expected or at all, the risk that NVIDIA and Intel processors planned for the Cray Cascade system are not available or incorporated into the Cray Cascade system when expected or at all, the risk that Cray Cascade systems or Sonexion storage systems are not delivered in a timely fashion or do not perform as expected or as required by customers, the risk that Cray will not be able to sell Cray Cascade systems as expected and such other risks as identified in the Company's quarterly report on Form 10-Q for the quarter ended June 30, 2012, 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 a registered trademark of Cray Inc. in the United States and other countries, and Cascade, Cray Linux Environment and Sonexion are trademarks of Cray Inc. Other product and service names mentioned herein are the trademarks of their respective owners.

Contact Information
Cray Media:
Nick Davis
206/701-2123
[e-mail]

Cray Investors:
Paul Hiemstra
206/701-2044
[e-mail]
___________________________________________________
http://www.marketwire.com/press-release/cray-to-add-nvidia-kepler-gpus-to-its-next-generation-cascade-supercomputer-nasdaq-cray-1691363.htm

CRAY

[chmcnfunds]

CRAY: Cray Takes Supercomputing to Mass markets
By Brian Prescott
Aug 13, 2012 10:53:49 AM PDT

There is something about specialty players operating in an oligopolistic market. Cray Inc (NASDAQ: CRAY) is an apt example of such a player. The company designs, develops, and produces high-performance computing systems and provides engineering services related to such systems. There are only a handful of players in this space and probably this explains the 78 per cent jump registered in the stock so far this year.

Incidentally, Cray is a featured stock on Small Cap Network but there is a better rationale for making it a featured stock than just the price appreciation in the past. The strength and robustness of the company’s underlying technology places it ahead of competition which also includes likes of IBM. Cray’s flagship product, the Cascade supercomputer system, finds its roots in the Defense Advanced Research Projects Agency’s (DARPA) High Productivity Computing Systems (HPCS) program.

The Cascade system is based on next-generation Intel Xeon processors but supports a multiple processor lineup of Intel and AMD x86 processors and emerging accelerator alternatives. Meanwhile, the company continues to win more contracts. It was recently awarded a $21 million contract from Australia’s Commonwealth Scientific and Industrial Research Organisation for installing the Cascade supercomputer and a next-generation storage system. Another $40 million contract has been awarded by the Department of Energy for its National Energy Research Scientific Computing Center (NERSC). It will likely keep adding more to the list as supercomputers’ target market broaden from academics and research institutes to more real world applications. The NERSC, for example, plans to make use of the supercomputer in various walks of everyday life including materials science, chemistry, geosciences, fusion energy, astrophysics, nuclear and high-energy physics.

Looking at all this, it is no surprise that analysts at Needham have a ‘Buy’ rating on the stock with a target price of $14, representing a potential upside of 24 per cent from the current market price of $11.3. Limited competition in this capital intensive business means profit margins are excellent. The company is virtually debt free and trades at a forward price earnings ratio of just 17.2.
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http://www.smallcapnetwork.com/CRAY-Cray-Takes-Supercomputing-to-Mass-markets/s/via/3445/article/view/p/mid/1/id/582/

CRAY

[chmcnfunds]

5 Stocks With Strong Operating Margin Growth — CRAY The best picks Portfolio Grader has to offer in this fundamental category
By Portfolio Grader

Aug 13, 2012, 5:00 pm EDT

This week, these five stocks have the best ratings in Operating Margin Growth, one of the eight Fundamental Categories on Portfolio Grader.

Cray (NASDAQ: CRAY) designs, develops, manufactures, markets and services high performance computing systems, commonly known as supercomputers. CRAY gets A’s in Earnings Momentum, Analyst Earnings Revisions, Earnings Surprises, Equity, and Cash Flow as well. Since January 1, CRAY has jumped 78.4%. This is better than the Nasdaq, which has seen a 15.9% increase over the same period. The stock has a trailing PE Ratio of 2.6. For more information, get Portfolio Grader’s complete analysis of CRAY stock.
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http://www.investorplace.com/2012/08/5-stocks-with-strong-operating-margin-growth-cray-club-jbss-all-dnkn-cray-club-jbss-2/

CRAY

[chmcnfunds]

CRAY looking good technically and ready to recover from the earnings sell-off:



CRAY

[chmcnfunds]

Cray XK6 Supercomputer Used to Analyze Ice Cream

By: Jeffrey Burt
2012-07-30

Researchers in Scotland are using the massive system to find out how the various ingredients in ice cream interact and, in turn, improve other common products.

Researchers at the University of Edinburgh are using a Cray supercomputer to make ice cream taste better and last longer.

The Scotland university is leveraging a 10-cabinet Cray XK6 supercomputer—armed with a combination of standard x86-based Opteron chips from Advanced Micro Devices and 936 Tesla graphics technology from Nvidia—to simulate ice cream with the aim of getting a better understanding of how the various ingredients that go into making ice cream interact with each other.

With that knowledge in hand, the researchers with the Edinburgh Parallel Computing Centre (EPCC) can improve the taste of ice cream and give it a longer shelf life, according to officials with Nvidia. In addition, the knowledge gained from the research into ice cream can be applied to a host of other products that people use every day, from paint, mayonnaise and engine oil to yogurt, soap and shampoo, according to Alan Gray, one of the lead scientists in the program at EPCC.

While turning the power of a supercomputer like the XK6 to a subject like ice cream may sound a bit frivolous, Gray and Cray official Jay Gould said that like other products commonly in use today, the underlying substances and the way they interact are complex, and a powerful system is needed to run the necessary computations.

"If you zoom in on the substances and if you're able to view them microscopically, you would see they're really made up of quite complicated structures of different materials," EPCC's Gray said in a video about the project.

Cray's Gould said that using anything less powerful than a supercomputer would take far too much time.

"To get down to the details of doing simulations and modeling the world as we know it—to better understand it—you've got to have a lot of compute power … not just a laptop," Gould said in the video. "If you used a laptop to generate some of these computations, it might take five lifetimes. We don't have time to do that."

Cray and Nvidia are touting the Edinburgh ice cream project not only as a way to show how supercomputers can play a significant role in better understanding everyday life, but also the performance advantages of using hybrid systems, which leverage both traditional CPUs, like those from AMD and Intel, as well as GPUs as coprocessors.

According to a post on Nvidia's blog by Andy Walsh, director of marketing for the company's Tesla business, the EPCC team initially conducted research using a Cray supercomputer powered by more than 200,000 CPU cores in 200 cabinets. They then switched to the XK6, realizing that "smaller, GPU-accelerated systems offered the same level of capacity for their needs."

The use of such coprocessors and accelerators is gaining traction in the supercomputing world. The organization that creates the Top500 list of the world's fastest supercomputers found that in the latest list, released in June, 58 of the systems used coprocessors and accelerators, up from 39 supercomputers six months earlier. Fifty-three of those 58 supercomputers use Nvidia chips, while two use Cell processors, another two use ATI Radeon GPUs from AMD and one system is running Intel's new Many Integrated Cores (MIC) coprocessor technology.

Nvidia chips are found in three of the top 10 fastest supercomputers, according to the Top 500 list.

Nvidia's Walsh said the EPCC ice cream project is part of a larger trend in the high-performance computing field of using supercomputers and simulations to "improve the quality of thousands of products we use every day, from golf clubs to medicines to automobile engines." Cray's Gould said projects like the ice cream research by the EPCC will have far-reaching impacts.

"If we can control the way phase separation occurs and those kinds of things for ice cream, we can leverage it into all kinds of other, more important technologies as well," he said.
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http://www.eweek.com/c/a/IT-Infrastructure/Cray-XK6-Supercomputer-Used-to-Analyze-Ice-Cream-176239/

CRAY

[starbuxsux]

That's all well and good but I think we haven't seen the end of shorty

http://www.shortanalytics.com/getshortchart.php?tsymbol=cray

[chmcnfunds]

From SmallCap Network:

Quote:
___________________________________________________________
CRAY Confirms it's a Good Stock to Own. Yelp Takes Center Stage.

Yesterday after the close, Global supercomputer leader and SmallCap Network Featured Stock Cray Inc. (CRAY) announced their financial results for the second quarter ended June 30, 2012. Revenue for the quarter was $84.2 million compared to $67.9 million in the prior year period. The Company reported net income for the quarter of $147.4 million or $3.91 diluted income per share compared to a net loss of ($3.0 million) or ($0.08) per share in the second quarter of 2011. All in all, strong results. You can read the press release in its entirety here: http://finance.yahoo.com/news/cray-inc-reports-strong-second-200500000.html.

More importantly, the Company suggested a wide range of results remains possible for 2012 by suggesting many variables may impact their results. One significant item is the timing of a single planned customer acceptance, which would represent approximately $150 million in product revenue. This is the largest system the Company has ever built and its acceptance is dependent on several items, including third-party components, all on a tight timeline due to previous delays. Assuming acceptance of this system occurs in 2012, as currently planned, the Company continues to anticipate total revenue to be in the range of $430-$450 million for the year.

Since shares of CRAY have performed extremely well in the face of a bad market in recent months, we wouldn't be overly concerned about its 5% dip today. The stock is up nicely on the year, and yesterday's earnings report confirms the Company is growing and doing well. We'd use this as a potential buying opportunity rather than focusing on their somewhat cautious outlook as a negative. It's just smart management of expectations on their part, while their financials continue to look solid.
________________________________________________________

CRAY

[chmcnfunds]

I agree and did buy some shares a few minutes ago. We'll see how it goes. Oversold on the intra-day 5 minute chart. Good luck.

CRAY