APPLICATIONS

Global supercomputer leader Cray Inc. today announced that Cray executives will present at the Needham Growth conference on Wednesday, January 12, 2005 at 9:00 a.m. EST. The Conference will be held at the New York Palace Hotel in New York City. The Cray presentation will be available to the public via live audio webcast and can be accessed from the Investors section of the Cray website at http://investors.cray.com. An archive of the webcast will be available on the Cray Investors page approximately thirty minutes following the presentation for a period of 90 days. Presenters from Cray management will include Jim Rottsolk, Chairman, CEO and President, and Peter Ungaro, Senior Vice President of Sales, Marketing and Service.