Cray Completes Acquisition of Appro International

Cray Completes Acquisition of Appro International 
SEATTLE, WA -- (Marketwire) -- 11/21/12 --  Global supercomputer
leader Cray Inc. (NASDAQ: CRAY) today announced it has completed the
previously announced transaction to acquire Appro International, Inc.
The aggregate merger consideration paid by Cray was approximately
$21.8 million in cash, which reflects approximately $3.2 million in
deductions from the previously-announced $25 million purchase price
(for certain transaction expenses paid and working capital
adjustments) that were made in connection with the acquisition. The
agreement was previously announced on Nov. 9, 2012. 
About Cray Inc.
 As a global leader in supercomputing, Cray provides
highly advanced supercomputers and world-class services and support
to government, industry and academia. Cray technology is designed to
enable scientists and engineers to achieve remarkable breakthroughs
by accelerating performance, improving efficiency and extending the
capabilities of their most demanding applications. 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
surpass today's limitations and meeting the market's continued demand
for realized performance. Go to www.cray.com for more information. 
Cray is a registered trademark of Cray Inc. in the United States and
other countries.  
Cray Media:
Nick Davis
206/701-2123
pr@cray.com 
Cray Investors:
Paul Hiemstra
206/701-2044
ir@cray.com 
 
 
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