Acceleware Names New Business Development Manager for the Energy Sector Based in Houston, Texas

CALGARY, AB, September 2nd, 2009 – Acceleware® Corp. (TSX-V: AXE), a leading developer of high performance computing applications, today announced that technology veteran Steve Reed has joined the organization as Business Development Manager for the Energy Sector. Steve will be responsible for managing existing business while identifying new strategic accounts and channel partner opportunities with energy producers, seismic processors and software providers.

“Steve brings years of sales and account management experience to support Acceleware’s growth in the Oil & Gas market,” said Ryan Schneider, CTO of Acceleware. “Having representation in Houston will prove invaluable for customers adopting our Reverse Time Migration solution or engaging our Professional Services to increase the performance of their geophysics applications”.

With over 35 years experience in global high tech account management and business development, Reed brings extensive community connections to Acceleware. Previous to joining Acceleware, Reed held senior-level, account executive positions with Hewlett-Packard, Sun Microsystems and Unisys.

About Acceleware
Acceleware develops and markets solutions that enable software vendors to leverage heterogeneous, multi-core processing hardware without rewriting their applications for parallel computing. This acceleration middleware allows customers to speed-up simulation and data processing algorithms, benefitting from high performance computing technologies available in the market such as multiple-core CPUs, GPUs or other acceleration hardware.

Acceleware solutions are deployed by companies worldwide such as Philips, Boston Scientific, Samsung, Eli Lilly, General Mills, Nokia, LG, RIM, Medtronic, Hitachi, Fujifilm, FDA, Mitsubishi, Sony Ericsson, AGC, NTT DOCOMO, and Renault to speed up product design, analyze data and make better business decisions in areas such as electronic manufacturing, oil & gas, medical and security imaging, industrial and consumer products, financial, and academic research. For more information about Acceleware, please visit www.acceleware.com.

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.

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