Jan 29 2010
Acceleware® Corp. (TSX VENTURE:AXE) (the "Corporation") a leading developer of high performance computing applications, today announced that it has granted stock options to acquire up to 1,355,000 common shares of the Corporation to certain of its employees, officers and directors.
The options have an exercise price of $0.10 per common share and expire on January 29, 2015. One-half of the options vest immediately and the remaining options shall vest on the first anniversary of the grant date. The stock option grant is subject to regulatory approval.
Further, the Corporation announces that James Bell has resigned as Corporate Secretary of the Corporation and Eric Keller of Davis LLP has been appointed to fill that role. "Acceleware is grateful for the contributions Mr. Bell has made to the Corporation, and on behalf of the board of directors and management, I would like to personally thank him for his service," said Bohdan Romaniuk, Chairman. "We look forward to Mr. Keller joining the Corporation."
Source: Acceleware® Corp.