Acceleware Corp.
TSX VENTURE : AXE

Acceleware Corp.

May 06, 2009 18:50 ET

Acceleware Announces Change of Auditor

CALGARY, ALBERTA--(Marketwire - May 6, 2009) - Acceleware Corp. ("Acceleware" or the "Company")(TSX VENTURE:AXE), a world leader in multi-core parallel processing middleware, reports that it has been advised by RSM Richter LLP ("RSM"), the auditor of the Company, that RSM is no longer focusing its practice on TSXV-listed companies and, accordingly has resigned of its own initiative, effective as of today. In view of this decision, the Company is pleased to announce that it has appointed Meyers Norris Penny LLP ("MNP") as the successor auditor.

The resignation of RSM and the appointment of MNP as the successor auditor have been approved by the Audit Committee and the Board of Directors of the Company.

There were no reservations in the former auditor's reports for the two most recently-completed fiscal years or for any period subsequent to the most recently-completed period for which an audit report was issued and preceding the date of the former auditor's resignation. There were no reportable events between the Company and RSM or between the Company and MNP.

In accordance with all regulatory requirements, Acceleware has filed a Notice of Change of Auditor and has received a response letter from MNP, the successor auditors, confirming their agreement with the information provided in the Notice. The Company has also received a response letter from RSM, the former auditors, confirming their agreement with the information provided in the Notice.

Acceleware would like to thank RSM for their services.

About Acceleware:

Acceleware develops and markets a platform to enable software vendors to leverage heterogeneous, multi-core processing hardware without rewriting their applications for parallel computing. This software acceleration platform benefits users performing computationally intensive tasks such as data processing and computer simulations, by harnessing the capabilities of high performance computing technologies such as multiple-core CPUs, GPUs or other acceleration hardware.

Acceleware solutions are deployed by companies worldwide such as Philips, Boston Scientific, Samsung, Kodak, General Mills, LG, Medtronic, Hitachi, Fujifilm, FDA, Mitsubishi, Sony Ericsson, AGC, NTT DoCoMo, P-Wave Seismic and Renault to speed up product design, analyze data and make better business decisions in areas such as consumer electronics, industrial design, seismic data processing, imaging for the medical, industrial testing and security, defense, financial, and academic research.

Acceleware is a public company on Canada's TSX Venture Exchange under the trading symbol AXE.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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