CALGARY, Alberta – October 6, 2008 – Acceleware Corp. (the “Corporation” or “Acceleware”) (TSX-V: AXE) announced today that Sean Krakiwsky has resigned as a Director and adviser of the Corporation effective immediately.

The Board of Directors of the Corporation wish to thank Mr. Krakiwsky for the pivotal role he played in the creation of Acceleware and in its subsequent emergence as a leading provider of high performance computing software in select vertical markets. “Sean Krakiwsky’s dedication and efforts in building Acceleware from the concept phase to that of a commercial enterprise are deeply appreciated” said Bohdan Romaniuk, Chairman of the Board of Directors.

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, benefiting from high performance computing technologies available in the market such as multiple-core CPUs, GPUs or other acceleration hardware. Acceleware’s expertise involves writing highly parallel software for many different (high-performance computing) hardware platforms.

Acceleware solutions are deployed by companies worldwide such as Philips, Boston Scientific, Samsung, Eli Lilly, General Mills, Nokia, LG, RIM, Kyocera, 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, and academic research. For more information about Acceleware, please visit www.acceleware.com.

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

The TSX Venture Exchange does not accept responsibility for the adequacy or the accuracy of this release.