Acceleware Ltd.
TSX VENTURE : AXE

Acceleware Ltd.

October 08, 2013 19:22 ET

Acceleware Announces Management Changes

CALGARY, ALBERTA--(Marketwired - Oct. 8, 2013) - Acceleware® Ltd. (TSX VENTURE:AXE) a leading developer of high performance computing applications, announced today that Robert Miller, Chief Marketing and Sales Officer has left the Company to pursue other opportunities. "On behalf of management and the board of directors, I would like to thank Robert for his service at Acceleware and wish him well in his future endeavours," said Geoff Clark, President and CEO of Acceleware. "Robert has been an asset to Acceleware in helping us make the transition into a software and services company focused on oil and gas markets."

About Acceleware:

Acceleware develops and markets high performance computing (HPC) software solutions for the oil and gas industry. These solutions allow customers to speed-up simulation and data processing algorithms, benefitting from HPC technologies such as multi-core CPUs and massively parallel many-core GPUs. Acceleware software, specialized HPC training and consulting services are deployed by companies worldwide including Boston Scientific, Samsung, LG, General Mills, RIM, Medtronic, Hitachi, FDA, Mitsubishi, Sony Ericsson, Fugro, DownUnder GeoSolutions and Rock Solid Images to speed up product design, analyze data and make better business decisions.

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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