June 17.08 - Acceleware and Vector Fields Partner for Acceleration

CALGARY, AB and AURORA, IL, June 17, 2008 – Acceleware Corp. (TSXV: AXE), a leading developer of high performance computing applications, and Vector Fields, a world leader in electromagnetic modeling software, today announced a partnership to accelerate microwave design by combining Vector Fields’ Concerto automation software package with Acceleware’s FDTD Accelerator solution.

“Our partnership with Vector Fields allows Acceleware to leverage another software channel partner to further penetrate the electromagnetic simulations market, providing a significant boost in simulation speed that allows users to push the boundaries of innovation,” said Sean Krakiwsky, President & CEO, Acceleware Corp. “As frequency simulation becomes more complex our partnership will provide the benefit of superior quality product design to the broader market.”

Vector Fields produces software for modeling and analyzing electromagnetic equipment and effects; Acceleware develops the fastest electromagnetic solver technology available on the market. Together, the technologies will offer RF engineers the tools they need to experience a 20X performance increase in their electromagnetic simulations – shortening design cycles while greatly increasing the integrity of product design and safety.

"Model sizes are getting bigger as a result of generic design trends such as a move to higher frequencies, and more complex radio systems and antennas," said Vector Fields' Dr. Kevin Ward. "But project timescales are going the other way, putting developers under enormous pressure. Acceleware-boosted Concerto simulation gives developers an edge to get right-first-time ideas produced very early in market cycles."

Vector Fields’ Concerto provides a comprehensive design-simulate-analyze-optimize tool chain for high-frequency electromagnetic applications. Two-dimensional or three-dimensional component or system models can be created using an integrated geometric modeler, or imported from CAD programs. The package's applications span the high frequency spectrum and include antennas, waveguides, cavities and resonators, filters, connectors, microwave heating, and radar systems.

Acceleware’s Accelerator™ Card and ClusterInABox™ products harness the parallel processing power of NVIDIA’s® GPU Computing architecture, that pairs with Vector Fields’ Concerto software to offer a turnkey solution for extremely fast electromagnetic simulation. This solution is delivered as a “desk-side supercomputer” that is simple to manage, and available on-demand for engineers.

Availability
Concerto is available immediately through Vector Fields. For more information please visit www.vectorfields.com. The FDTD Accelerator™ Card and ClusterInABox™ workstation are available for purchase directly from Acceleware. For more information please visit www.acceleware.com.

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 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, 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.

About Vector Fields
Vector Fields produces the world’s most advanced software for modeling and analyzing electromagnetic equipment and effects. Its virtual prototyping tools speed the design process – helping to achieve a user’s goal, whether that is lowest cost, optimum performance, easier manufacturability, or the best combination. The company’s Concerto design automation software allows organizations to reduce costly RF and microwave design iteration cycles, and achieve optimal solutions much faster. The software is now in its seventh major release, and is used by many of the world’s best-known organisations. Vector Fields is a business unit of ERA Technology Ltd, a part of the Cobham Avionics and Surveillance Division of Cobham plc. Cobham plc is an international company engaged in the development, delivery and support of advanced aerospace and defense systems for land, sea and air platforms. The company has four technology divisions that specialize in the provision of components, subsystems and services that keep people safe, improve communications and enhance the performance of aerospace and defense platforms. www.vectorfields.com

For further information,
Press Only:
Kerry Tescher, Liaison Inc.
(415)391-0859
kerry@liaisonpr.com

Wordsun:
Barrie Nicholson
+44 1202 856000
barrie@wordsun.com

Reader Contacts:
Charlee Forbrigger, Marketing Manager at Acceleware Corp.
(403)249-9099 ext. 287
charlee.forbrigger@acceleware.com

Lois Lee, Vector Fields, Inc.,
+1 (630) 851-1734
llee@vectorfields.com

Investor Contact:
Thomas McMillan – The Equicom Group
+1 (403) 536-5903
tmcmillan@equicomgroup.com