SOURCE: Angstrom Technologies Corp

April 22, 2008 16:05 ET

Angstrom Microsystems™ Enters the Billion Dollar High Performance Computing Software Market With Accelerated Solutions

Angstrom Saves Electricity Usage in the Data Center by Reducing the Number of Computers Needed to Perform Calculations

BOSTON, MA--(Marketwire - April 22, 2008) - Angstrom Microsystems Corp. (OTCBB: ANGS), a green computing solutions company, announces today that it has developed xBlas™, a software that accelerates by up to 300x, a fully compatible Altas Blas™ linear algebra library. This significantly reduces the number of computers needed to run these calculations thereby saving electricity in the data center. Atlas Blas is a standard used by many industries as far flung as the automotive sector for designing cars using Fluent™ software, quantum physics in developing new solar panel solutions using Q-Chem™ software and to CAD/CAM to visualize complex models quickly using Autodesk™ software.

What makes Angstrom's xBlas product special is that it does not require additional software development on the part of the customer to see remarkable gains (up to 300x) in performance. Instead, Angstrom provides a software library that looks and functions identically to the standard Altas Blas that is in use today by the majority of high performance computing facilities worldwide. Going "the last mile" affords our customers the luxury of keeping their existing software from being split into two hard to maintain competing code bases -- a show-stopper for most of our customers. Angstrom is additionally offering this software in Angstrom servers as a turnkey solution to provide its clients with the greatest energy efficiency available on the market. Further, Angstrom will also offer this solution as a separate licensed product allowing for a broader base of clients and additional revenue stream for Angstrom.

Angstrom Microsystems specializes in Green Computing solutions, providing blade servers and workstations for high performance computing. With both hardware and software solutions to reduce the power needed to drive computing, Angstrom reduces the number of machines required to facilitate these tasks and thereby saving companies significant investments in additional servers at the same time reducing the energy required to run these servers.

"Angstrom is excited to provide an Altas Blas compatible library that not only blows the doors off of existing performance numbers, it is designed to fit hand-in-glove with any existing customer software without any significant modifications," said Lalit Jain, CEO of Angstrom Microsystems. "Angstrom has done the work to go the last mile, enabling the customer to rapidly deploy xBlas with their existing code base."

To view the Angstrom Microsystems Corp. xBlas product values graphic, please click on the link provided: http://www.usetdas.com/maps/angstrom/angstromblassegment.pdf

Graphic hosted by Filing Services Canada Inc. website.

The chart above shows the Angstrom xBlas product (GPU) calculating values in a blazing half a second -- calculations that would normally take 147 seconds using the original Altas Blas software. xBlas is currently designed to perform as a single precision library.

About Angstrom Technologies Corp. (www.angstrom.com)

Angstrom is one of the top Green computing companies, providing technology solutions ranging from liquid-cooled blades to acceleration software in order to help reduce the power requirements of datacenters. Its customers include Rhythm & Hues, Fox Films, Tippett Studios and the National Institutes of Health. Angstrom has earned a reputation for quality, service, and engineering innovation in the AMD Opteron™ processor-based system market. Angstrom has the world's only quad-capable GPU blades running Nvidia™ cards. See Angstrom Microsystems in the end credits of Blue Sky Studios "Ice Age: The Meltdown."

AMD, the AMD Arrow Logo, AMD Opteron, and combinations thereof are trademarks of Advanced Micro Devices, Inc.

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Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Forward-looking statements are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions or that events or conditions "will," "would," "may," "can," "could" or "should" occur. Forward-looking statements in this news release include: that Angstrom intends to officially change its name to "Angstrom Microsystems Corp." to properly reflect its new business direction; that we believe we are now able to move the company forward in a positive direction to help create shareholder value; and that the server market alone is a several-billion-dollar industry and the fact that we believe Angstrom Microsystems Inc., addresses a bourgeoning problem within this industry offers even more value and opportunity to our company.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results include the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, and unanticipated problems with our technology. Additional information on risks for the Company can be found in our periodic filings filed with the US Securities and Exchange Commission at www.sec.gov.

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