Cray Inc. Receives Cray SV1ex Supercomputer Order From Ford

    SEATTLE--Feb. 26, 2002--Cray Inc. today announced that Ford Motor Company has ordered a Cray SV1ex(TM) supercomputer. Ford will use the system to improve the structural safety and cabin comfort of its latest vehicle models. Financial terms were not disclosed.
    Cray expects to complete installation this month at Ford's design center near Cologne, Germany. The Cray SV1ex supercomputer joins eight other Cray SV1(TM) supercomputers Ford currently operates at several locations worldwide.
    Ford engineers use the systems to simulate the crashworthiness and noise, vibration and harshness (NVH) characteristics of new vehicle designs. These applications speed the development cycle by reducing the need for costly prototypes. Computational analysis on Cray(R) systems also guides the design of features Ford uses to enhance passenger cabin comfort.
    "This is Ford's ninth Cray SV1 system, which is a tribute to the product line's prowess in tackling time-sensitive commercial applications," said Cray President and CEO Michael P. Haydock. "We are proud that an industry leader of Ford's stature continues to rely on Cray for crucial computing needs."
    Cray SV1ex systems with enhanced memory began shipping in fourth-quarter 2001. The Cray SV1 product line was named "Best Supercomputer" in 2001, 2000 and 1999 by the readership of Scientific Computing & Instrumentation magazine, and helped make Cray Inc. number one in the latest rankings of supercomputer performance reported in November 2001 by industry analyst firm IDC.

    About Cray Inc.

    Cray is the premier provider of supercomputing solutions for customers' most challenging scientific and engineering problems. Go to www.cray.com for more information about the company.

    Safe Harbor Statement

    This press release contains forward-looking statements. There are certain factors that could cause Cray's execution plans to differ materially from those anticipated by the statements above. Among these factors are the ability of Cray supercomputer systems to pass individual customer acceptance tests, and general economic and market conditions. For a discussion of these and other risks, see "Factors That Could Affect Future Results" in Cray's most recent Form 10-Q and "Additional Factors That Could Affect Future Results" in Cray's current report on Form 8-K filed on Nov. 28, 2001.

    Cray is a registered trademark, and Cray SV1ex and Cray SV1 are trademarks, of Cray Inc. All other trademarks are the property of their respective owners.