Who likes the highest speed available from computing?

In answer to that question, I would have to say aside from me, if I happen to own some stock in that type of company, that would leave
 a Calgary based software company called Acceleware (TSXV:AXE). This company has survived the global meltdown we are still struggling with and is in the process of expanding both its business and it's list of partners and customers.

They specialize in developing software that is so extremely fast it has facilitated the 150% increase on speed with some customers programs. Of course this percentage will change according to what each individual customer presents to Acceleware as the issue that the particular customer is dealing with. The main point here, is that regardless of the challenge given to Acceleware, the solution will be measurable in the order of magnitude for speed-up. This technology is of obvious huge wealth and as such Acceleware works with a variety of customers like Paradigm, which is I believe about third in their industry, coming in behind Schlumberger and Haliburton. Two of the biggest names in the oil and gas space. They also present classes in the computer language CUDA which is designed to train programmers in this language.

Microsoft (NASDAQ:MSFT) is, in conjunction with Acceleware, presenting the training sessions which AXE management states has really helped the revenue stream. Another company that seems to see the unbridled potential in AXE is NVIDIA (NASDAQ:NVDA). NVDA has invested $3,000,000 into AXE which is quite a show of faith.

The share float of this company is about 55.5 million share of which is held as follows 20% management, approx 10% key employees and Nvidia at approx 8%. This leaves a very small amount of shares that will likely be available and so I would expect as Acceleware progresses this could prove to be quite the year, with next year holding as much or more potential.

They are going through a restructuring of the company (NOT from a Chapter 11 standpoint). I believe this proposition is very favorable looking for Acceleware. One of the points of interest in this deal is the fact that the company will receive $900,000, which I should say is non-dilutive. This will allow the company to follow up on their desire to become more vigilant in their drive for more sales while continuing to try and decrease expenses. The last two quarters they have seen a positive cash flow and are looking forward to the future quite positively.

For the purpose of disclosure I have received no compensation of any kind for this post. I do own shares in Acceleware and have intentions of incresing my position in the near future.