Acceleware Corp. (Acceleware) is a high-performance computing (HPC) company that develops and sells a specialized software or combination of specialized software and third-party hardware that significantly reduces the computer processing time required for large-scale mathematical calculations. Acceleware solutions are deployed by organizations worldwide to accelerate computer simulation and data processing applications in areas, such as electronics, oil and gas, medical imaging, industrial and consumer product design, and academic research. Acceleware’s software interface allows existing software programs to utilize the multi-core computing platforms. As of December 31, 2008, the solutions sold by the Company included Acceleware Accelerator, the ClusterInABox Dual, and the ClusterInABox Quad. On June 17, 2008, Acceleware announced the release of a graphics processing unit (GPU)-based cluster solution, the C30-16.