SEATTLE -- Global supercomputer leader Cray Inc. (Nasdaq:CRAYE) was served today with a securities class action lawsuit naming the Company and certain officers as defendants. The plaintiff, who alleges that she purchased Cray securities at artificially inflated prices, seeks to represent a class of securities purchasers from July 31, 2003, through May 12, 2005.

"We believe this lawsuit is without merit, and the Company intends to defend it aggressively," commented James Rottsolk, Cray Chairman and CEO.

About Cray Inc.
As the global leader in high performance computing (HPC), Cray provides innovative supercomputing systems that enable scientists and engineers in government, industry and academia to meet both existing and future computational challenges. Building on years of experience in designing, developing, marketing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of HPC systems that deliver unrivaled sustained performance on a wide range of applications. Go to www.cray.com for more information.