SEATTLE, WA and VANCOUVER, BC, February 25, 2004 Cray Inc. today announced a definitive agreement to acquire privately held
OctigaBay Systems Corporation of Vancouver, British Columbia. OctigaBay is developing an innovative high performance computing (HPC) system designed
to make supercomputing performance accessible to the growing community of scientific and technical computing users. This pending acquisition, coupled
with Crays previously announced decision to commercialize the Red Storm system, will extend Crays product portfolio and multiply its addressable
market by over four times.
February 25, 2004