CALGARY, Alberta – July 20, 2010 – Acceleware® Corp. (TSX-V: AXE) a leading developer of high performance computing applications, today announced support for NVIDIA’s next generation Fermi architecture of Tesla GPUs to power the company’s line of Oil & Gas and Electromagnetic software acceleration products.

Acceleware customers continually push the computing boundaries by running more complex simulations or processing deeper multi-dimensional seismic images and therefore have a constant growing appetite for more computing power. The new Tesla 20-series Fermi GPUs combined with Acceleware software libraries deliver a significant performance boost for customers computing tasks while maintaining the GPU advantages for High Performance Computing (HPC) including low cost, lower energy requirements and a compact, flexible footprint.

“For over six years Acceleware has leveraged its extensive experience in utilizing GPUs for HPC to solve their customers’ computational challenges,” said Andy Keane, general manager, Tesla business unit. “With support for our latest generation GPU architecture, they can now leverage new features such as ECC and increased double precision performance to deliver substantial improvements to their customers’ codes and applications.”

One of the key new capabilities in the Tesla-20-series architecture is the major upgrade in double precision calculation performance. This opens the door for more customers using linear algebra solvers to adopt GPUs in areas such as oil & gas reservoir simulations, mechanical solvers and other engineering related tasks. More memory on-board the C2070 series of Tesla GPUs also provides better performance for customers running complex simulations or large seismic migration volumes. The ECC Support in the Tesla 20-series is an important feature for HPC customers requiring enhanced reliability.

“NVIDIA’s Fermi architecture is important for GPU computing to maintain the price/ performance gap relative to CPUs“, said Robert Miller, Vice-President of Marketing and Product Management of Acceleware. “Customers have been eagerly anticipating the double precision capabilities of Fermi and we believe this release opens up exciting new opportunities for Acceleware in markets such as reservoir simulation and mechanical engineering.”

Acceleware customers currently under maintenance will automatically receive software upgrades that allow them to take advantage of Fermi support. Acceleware software is supported on the new Tesla C2050, C2070, M2050, and S2050/70 platforms as well as legacy hardware.

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 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.

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