Vienna, Austria, May 30th, 2016 – Acceleware Ltd. (TSX-V:AXE) today announced that its full software suite is now accessible to customers seeking to process seismic data in the cloud. Acceleware is working with cloud provider Nimbix, a leader in cloud-based, High-Performance Computing (HPC) infrastructure and applications. The seismic software suite features AxWAVE™ high performance seismic forward modelling, AxRTM™ reverse time migration, and AxFWI™ full-waveform inversion technology.

“With today’s tight budget constraints, building or maintaining CPU or GPU clusters is difficult to justify for most companies,” said Geoff Clark, Chief Executive Officer of Acceleware Ltd.  “Yet the need to run high end seismic imaging on small or large projects is critical in making the right decisions in complex areas.  Bringing our technology to the cloud provides our customers with an easy solution with no up-front capital cost.”

Many turn to cloud computing. It is changing the way companies approach performance resourcing, technology agility, and cost reduction.

“We are demonstrating a shared vision to enable Acceleware’s enterprise customers more quickly and easily consume applications on our cloud,” said Don Allen, Vice President of Channels and Alliances at Nimbix.   “Acceleware customers will be able to efficiently and securely deploy their proven software-defined solutions to take advantage of the flexibility and cost effectiveness of Nimbix’s cloud".

 About AxWAVE

AxWAVE is a finite-difference forward modelling library used for the fast and accurate simulation of 2D and 3D seismic wave propagation. AxWAVE leads the industry in computational performance with advanced algorithms optimized for parallel processing on multi-core CPUs and compute GPUs.

AxWAVE can be used for isotropic, VTI and TTI media, with unrestricted acquisition geometry and topography. It offers geoscientists flexible parameterization, including a high degree of control over the quality and speed trade-off inherent in finite-difference modelling. Advanced physics features include highly efficient absorbing boundaries, grid optimizations and precise source and receiver locations. It is available as a standalone application as well as a high level library that can be integrated into any existing seismic processing platform. AxWAVE has been fine tuned for optimal performance and can be used on work stations for rapid testing as well as clusters for large scale survey simulations.

About AxRTM
Acceleware’s AxRTM is the most efficient finite-difference reverse time migration software in the seismic market.  It is a pre-stack two-way wave equation migration library with isotropic, VTI and TTI capabilities that uniquely supports NVIDIA Tesla GPUs, Intel Xeon Phi coprocessors and multi-core CPU clusters.  AxRTM provides seismic data processors with an economically viable reverse time migration solution. Advanced geophysical imaging features including dual TTI formulations for stability and speed, high quality imaging conditions, obliquity correction and innovative noise removal produce high quality images of exceptional detail.

About AxFWI
Acceleware’s AxFWI is a revolutionary modular FWI application which provides the highest level of subsurface velocity model accuracy and leads the industry in compute speed. Its strength is a result of Acceleware’s proven fast and accurate finite-difference engines that power Acceleware’s robust Reverse Time Migration (AxRTM™) and Seismic Forward Modelling (AxWAVE™) solutions. Engineered for maximum performance AxFWI is optimized for modern high performance computing platforms including NVIDIA GPUs, multi-core CPUs and Intel Xeon Phi Coprocessors.

About Nimbix
Nimbix is a leading provider of purpose-built cloud computing for big data and computation. Powered by JARVICE™, the Nimbix cloud provides high performance software as a service, dramatically speeding up data processing for Energy, Life Sciences, Manufacturing, Media and Analytics applications. Nimbix delivers unique accelerated high-performance systems and applications from its world-class datacenters as a pay-per-use service. Additional information about Nimbix is included in the company overview, which is available on the Nimbix website at

About Acceleware
Acceleware ( develops and markets high performance computing (HPC) software solutions for the energy and engineering industries. These solutions allow customers to speed-up simulation and data processing algorithms, benefitting from HPC technologies such as multi-core CPUs and massively parallel many-core GPUs. As experts in programming for multi-core CPUs and massively parallel GPUs, Acceleware’s professional services team specializes in accelerating computationally intense applications for clients to speed up product design, analyze data and help make better business decisions. Acceleware’s products and services are used by some of the world’s largest energy and engineering companies.

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.

For further information:

Geoff Clark
Tel: +1.403.705.2425
This email address is being protected from spambots. You need JavaScript enabled to view it.

Accelerate your clean energy future: learn how RF XL can work for you.