Acceleware Announces Change of Auditor
07 May 2009 - 8:50AM
Marketwired Canada
Acceleware Corp. ("Acceleware" or the "Company")(TSX VENTURE:AXE), a world
leader in multi-core parallel processing middleware, reports that it has been
advised by RSM Richter LLP ("RSM"), the auditor of the Company, that RSM is no
longer focusing its practice on TSXV-listed companies and, accordingly has
resigned of its own initiative, effective as of today. In view of this decision,
the Company is pleased to announce that it has appointed Meyers Norris Penny LLP
("MNP") as the successor auditor.
The resignation of RSM and the appointment of MNP as the successor auditor have
been approved by the Audit Committee and the Board of Directors of the Company.
There were no reservations in the former auditor's reports for the two most
recently-completed fiscal years or for any period subsequent to the most
recently-completed period for which an audit report was issued and preceding the
date of the former auditor's resignation. There were no reportable events
between the Company and RSM or between the Company and MNP.
In accordance with all regulatory requirements, Acceleware has filed a Notice of
Change of Auditor and has received a response letter from MNP, the successor
auditors, confirming their agreement with the information provided in the
Notice. The Company has also received a response letter from RSM, the former
auditors, confirming their agreement with the information provided in the
Notice.
Acceleware would like to thank RSM for their services.
About Acceleware:
Acceleware develops and markets a platform to enable software vendors to
leverage heterogeneous, multi-core processing hardware without rewriting their
applications for parallel computing. This software acceleration platform
benefits users performing computationally intensive tasks such as data
processing and computer simulations, by harnessing the capabilities of high
performance computing technologies such as multiple-core CPUs, GPUs or other
acceleration hardware.
Acceleware solutions are deployed by companies worldwide such as Philips, Boston
Scientific, Samsung, Kodak, General Mills, LG, Medtronic, Hitachi, Fujifilm,
FDA, Mitsubishi, Sony Ericsson, AGC, NTT DoCoMo, P-Wave Seismic and Renault to
speed up product design, analyze data and make better business decisions in
areas such as consumer electronics, industrial design, seismic data processing,
imaging for the medical, industrial testing and security, defense, financial,
and academic research.
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.
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