Cray Awarded $48 Million Contract From the Korea Institute of Science and Technology Information
September 21 2017 - 4:05PM
Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today announced
the Korea Institute of Science and Technology Information (KISTI)
has awarded the Company a contract valued at more than $48 million
for a Cray® CS500™ cluster supercomputer. The 128-rack system,
which includes Intel® Xeon® Scalable processors and Intel® Xeon
Phi™ processors, will be the largest supercomputer in South Korea
and will provide supercomputing services for universities, research
institutes, and industries.
Located in Daejeon, South Korea, KISTI is a government-funded
research institute designed to maximize the efficiency of science
and technology R&D, and support high-tech R&D for the
country’s research communities. Since 1962, KISTI has served as a
national science and technology information center and has provided
information that researchers need to enhance South Korea’s national
competitiveness as a specialized science and technology research
institute supported by the government. The new Cray CS500 cluster
supercomputer at KISTI will support the organization’s leadership
position as a world-class information research institute.
“Our supercomputing division is focused on maximizing research
performance while significantly reducing research duration and
costs by building a top-notch supercomputing infrastructure,” said
Pillwoo Lee, General Director, KISTI. “Cray’s proficiency in
designing large and complex high-performance computing systems
ensures our researchers can now apply highly-advanced HPC cluster
technologies towards resolving scientific problems using the power
of Cray supercomputers.”
“KISTI is the preeminent supercomputing center in South Korea,
and we are honored that a very large Cray CS500 system will play an
important role in the advancement of KISTI’s supercomputing
capabilities,” said Peter Ungaro, president and CEO of Cray. “Our
cluster supercomputers are specifically designed to give customers
like KISTI the computing resources they need for achieving
scientific breakthroughs throughout a wide array of
increasingly-complex, data-intensive challenges across modeling,
simulation, analytics, and artificial intelligence. We look forward
to working closely with KISTI now and into the future.”
“Leading global supercomputing centers like KISTI are pushing
the boundaries of science and technology for the benefit of
everyone,” said Trish Damkroger, Vice President of Technical
Computing at Intel. “The leading Intel Xeon Scalable processors,
Intel Xeon Phi processors and high-bandwidth Intel Omni-Path
Architecture, combined with the expertise and innovation of Cray
supercomputers, unleash researchers to achieve groundbreaking
discoveries that address society’s most complex challenges and
yield answers faster than has ever been possible before.”
The Cray CS500 cluster supercomputers are industry-standards
based, highly customizable, and expressly designed to handle the
most demanding range of simulation, research, analytics, and
machine learning problems at scale. Cray CS500 systems provide
flexible node configurations featuring the latest processor and
interconnect technologies giving customers the ability to tailor a
system to specific needs — from an all-purpose high-performance
computing cluster to an accelerated system configured for shared
memory, large memory, or accelerator-based tasks.
Consisting of products and services, the contract is valued at
more than $48 million. The system is expected to be put into
production in 2018.
For more information on the Cray CS™ series of cluster
supercomputers, please visit the Cray website at www.cray.com.
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 more than 40 years of experience in
developing and servicing the world’s most advanced supercomputers,
Cray offers a comprehensive portfolio of supercomputers and big
data storage and analytics 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
meet the market’s continued demand for realized performance. Go to
www.cray.com for more information.
Safe Harbor StatementThis 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 the timing systems purchased by KISTI will be put into
production and Cray’s ability to deliver systems that meet KISTI’s
requirements. These statements involve current expectations,
forecasts of future events and other statements that are not
historical facts. Inaccurate assumptions and known and unknown
risks and uncertainties can affect the accuracy of forward-looking
statements and cause actual results to differ materially from those
anticipated by these forward-looking statements. Factors that could
affect actual future events or results include, but are not limited
to, the risk that the systems required by KISTI are not delivered
or put into production 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 June 30, 2017,
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, and the stylized CRAY mark are registered trademarks of
Cray Inc. in the United States and other countries, and CS500 and
CS are trademarks of Cray Inc. Intel and Xeon are registered
trademarks of Intel Corporation in the United States and other
countries. Other product and service names mentioned herein are the
trademarks of their respective owners.
Cray Media:Nick Davis206/701-2123pr@cray.com
Cray Investors:Paul Hiemstra206/701-2044ir@cray.com
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