Cray to Relocate Its Saint Paul Location to the Offices at Mall of America

SEATTLE, WA--(Marketwired - Apr 26, 2016) - In order to support the long-term growth of the Company, global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced it has signed a lease to be the new anchor tenant at The Offices @ MOA property in Bloomington, Minnesota.

Located at Mall of America®, The Offices @ MOA is a brand new office complex that offers quick access to retail, hospitality, parking and public transportation. Under the terms of the agreement, Cray will lease approximately 87,500 square feet of new office space in the top four floors of the 10-story building. Additionally, Cray has options to expand further in the building if necessary.

"After a careful consideration of all our options, we have made the decision to leave our current location in downtown St. Paul and relocate our employees to The Offices @ MOA complex," said Fred Kohout, chief marketing officer at Cray. "Saint Paul has been a great regional home for Cray over the last seven years. While it's always tough to leave a location you love, we are excited to move to a new site that will better facilitate our growth, and allow us to continue to build upon our strong presence in the region."

Kohout added, "The Offices @ MOA is an amazing facility with impressive amenities that our local employees, guests of Cray and visiting employees will all be able to take advantage of. We look forward to continuing to build a great future in our new location."

"We are very excited to welcome Cray as our anchor office tenant in the Offices @ MOA," said Kurt Hagen, SVP of Development at Mall of America. "We were very mindful during our search for an anchor tenant because we wanted to find that perfect fit. Cray will be a terrific complement to our property."

Cray expects its move to The Offices @ MOA will be completed in the first half of 2017. Cray currently employs more than 350 people in St. Paul, but is forecasting that number to increase by the time the move to the new office is completed.

About Cray Inc.
Global supercomputing leader Cray Inc. (NASDAQ: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging more than 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of supercomputers and big data storage and analytics solutions delivering unrivaled performance, efficiency and scalability. 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 meet the market's continued demand for realized performance. Go to www.cray.com for more information.