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Message: Acceleware Announces Correction to Stock Option Issuance
| January 12, 2009 |
| Acceleware Announces Correction to Stock Option Issuance |
| CALGARY, ALBERTA--(Marketwire - Jan. 12, 2009) - Acceleware Corp. (TSX VENTURE:AXE) announces that the stock options to acquire up to 1,617,500 common shares granted to certain employees, officers and directors of the Corporation issued on January 9, 2009 have an exercise price of $0.10 per common share, in accordance with TSX Venture Exchange Policy and not $0.06 per common share as previously announced in the news release dated January 9, 2009. 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. |
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