CALGARY, ALBERTA -- (MARKET WIRE) -- 12/17/07 -- Acceleware Corp. (TSX VENTURE: AXE), a leading developer of high-performance computing (HPC) applications, today announced the event "Investor's Forum: The High Performance Computing Market." The event will take place January 22, 2008 in Toronto, Canada. The Investor's Showcase will feature industry acclaimed analyst Dr. Earl Joseph, Vice-President of IDC's High Performance System presenting information on the significant challenge of high performance computing in a multi-core, parallel programming future. Also presenting at the Forum as special guest speakers are senior executives from industry leading companies in HPC including HP, NVIDIA, and Schmid & Partner Engineering AG.

This event will give investors the opportunity to learn valuable information about the future of the high performance computing market from industry experts. In addition, attendees will be able to network with Acceleware partners and customers to hear how Acceleware is pushing the boundaries of innovation by providing leading edge technology to solve today's most complex parallel computing challenges. For further information on this event, please contact Acceleware Investor Relations at investor@acceleware.com.

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.

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

Contacts:
Press Only:
Liaison Inc.
Heidi Lowell
(503) 796-9822
Email: heidi@liaisonpr.com

Liaison Inc.
Kerry Tescher
(415) 391-0859
Email: kerry@liaisonpr.com

Reader Contact:
Acceleware Corp.
Charlee Forbrigger, Marketing Manager
(403) 249-9099 ext. 287
Email: info@acceleware.com