Acceleware Announces Partnership with Agilent Technologies to Provide Simulation Acceleration to Antenna Modeling Design System Customers

Combined Technology Increases Simulation Speeds by More Than 35 Times

MUNICH, Germany - Oct. 9, 2007 - Acceleware Corp. (TSXV: AXE) a leading developer of high-performance computing (HPC) solutions, today announced a partnership agreement through which Agilent Technologies (NYSE: A) will resell the Acceleware acceleration products throughout its worldwide sales organization to Agilent Antenna Modeling Design System (AMDS™) customers.

Agilent is the leading supplier of electronic design automation (EDA™) software for high-frequency system, circuit and modeling applications. Acceleware develops the fastest electromagnetic solver technology available on the market. These combined technologies will produce immense benefits for AMDS customers by increasing speeds of simulation processing by more than 35 times, thus reducing the time required to run a typical simulation from 10 hours to under 20 minutes.

“Acceleware’s technology significantly improves the productivity of our users in areas such as Antenna design for wireless appliances and signal integrity by increasing the speed and size of simulations they can perform,” said Erwin De Baetselier, product marketing manager with Agilent’s EEsof EDA division. “Simulating devices with AMDS typically reduces design cycle time significantly, eliminating up to 75 percent of the modeling and setup time required by other types of EM simulators.”

Agilent’s AMDS is dedicated to antenna design applications. It imports, meshes and simulates an entire wireless device together with its surrounding real-world environment to analyze its compliance with standards such as hearing aid compatibility, specific absorption rate, antenna diversity and multiple-input, multiple-output.

Acceleware’s products, Accelerator™ Board and ClusterInABox™, are based on NVIDIA’s GPU Computing architecture and when paired with Agilent’s AMDS offer a high-speed turnkey simulation solution that can model antenna performance and cell phone regulatory compliance for cell phone manufacturers. Users of this combined Agilent/Acceleware offering are able to shorten the length of their design cycle while greatly increasing their level of accuracy. This solution is delivered as a deskside supercomputer that is simple to manage and available on-demand for engineers. Users additionally benefit from a significantly lower total cost of ownership as compared to traditional solutions of large, server room based computer clusters.

“AMDS customers are continually challenged with shorter product development cycles for many complex products,” said Ryan Schneider, Acceleware’s chief technology officer. “Our solution allows AMDS users to push the boundaries of innovation by shortening the time scales required to deliver faster and better quality products, which will ultimately provide the best possible customer experience.”

About Agilent EEsof EDA Software
Agilent EEsof EDA softwware is compatible with and is used to design the company's test and measurement equipment. Additional information about all of Agilent's EDA software offerings is available at www.agilent.com/find/eesof.

About Acceleware
Acceleware specializes in the development and marketing of special purpose software/hardware acceleration products used to reduce design simulation and data processing run-times of high-performance computing (HPC) applications such as cell-phone design, seismic data processing, printed circuit board design, drug discovery, photonic/communications devices design, oil reservoir simulation, lithography mask design, bio-medical imaging and others.

Acceleware products are distributed by computer-aided design (CAD) and computer-aided engineering (CAE) software companies to end-users at the world's largest organizations in a wide range of industries. In each vertical market, Acceleware's third-generation board-level and engineering workstation products accelerate simulation and processing algorithms by a factor of 10 times or more, on average, reducing runtimes from multiple hours to minutes. Acceleware is a public company on Canada's TSX Venture Exchange under the trading symbol AXE.

For more information on Acceleware, visit www.acceleware.com.

About Agilent Technologies
Agilent Technologies (NYSE: A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 19,000 employees serve customers in more than 110 countries. Agilent had net revenue of $5.0 billion in fiscal 2006.

Information about Agilent is available on the Web at www.agilent.com.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Reader Contact:
Charlee Forbrigger,
Marketing Manager at Acceleware Corp.
+1 (403) 249-9099 ext. 287, charlee.forbrigger@acceleware.com