SGI Launches Blade System

SUNNYVALE, Calif. -- With a new CEO at its helm, SGI (NASDAQ:SGIC) completed its fiscal year 2007 with the launch of a breakthrough blade system purpose-built for high-performance computing (HPC), while racking up significant customer wins across SGI's server and storage product lines. The company also released financial results for the Fiscal Year 2007 today, http://www.sgi.com/company_info/investors/.

The company's fourth quarter, which ended June 29, was SGI's first fiscal quarter under the leadership of Bo Ewald, who was named CEO in April.Working with SGI's leadership and global workforce, Ewald has focused on positioning SGI for sustainable long-term growth and innovation through delivery of uniquely competitive, customer-focused solutions.

New products and industry alliances

In June, SGI unveiled SGI(R) Altix(R) ICE 8200, the first in a new line of bladed servers designed to close the growing gap between performance and user productivity. Built to accommodate large and varied scale-out workloads, SGI Altix ICE delivers the advantages of blade computing without forcing users to accept compromises in price/performance, power and space efficiency, reliability and manageability. Its ultra-dense rack architecture delivers up to 40 percent more compute performance per floor tile than competing blades. Meanwhile, the Altix ICE system's highly efficient design minimizes demands on the data center's space and power, helping to relieve the growing burden of housing, powering and cooling today's HPC systems.

Also during the quarter, SGI joined the BioIT Alliance, a group of organizations working together to realize the potential of personalized medicine. The Alliance unites SGI with other innovators in the pharmaceutical, biotech, hardware, and software industries to explore new ways to share complex biomedical data and collaborate among multi-disciplinary teams to speed the pace of discovery in the life sciences.SGI