AXE.V - Acceleware Ltd.

TSXV - TSXV Delayed Price. Currency in CAD

Acceleware Ltd.

435-10th Avenue SE
Calgary, AB T2G 0W3

IndustryIndustrial Equipment Wholesale
Full Time Employees20

Key Executives

Mr. Geoffrey Blair David ClarkChief Exec. Officer, Pres, Interim CFO & DirectorN/AN/AN/A
Dr. Michal OkoniewskiCo-Founder, Chief Scientific Officer & DirectorN/AN/AN/A
Mr. Dan CycaChief Technology officerN/AN/AN/A
Mr. Michael James TourignyVP of Commercialization - RF Heating TechnologyN/AN/AN/A
Mr. Cameron MacCarthyCorp. Sec.N/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.


Acceleware Ltd., an oil and gas technology company, develops, and markets special purpose computational software products for energy, engineering, and other sectors in Canada and the United States. The company operates through Radio Frequency (RF) Heading, and Software and Services segments. It offers AxFWI, a full waveform inversion application for providing subsurface velocity models; AxRTM, a reverse time migration method for seismic depth imaging; AxWave, a high performance application used for the simulation of seismic wave propagation through the subsurface; and marine controlled source electromagnetic method for generating the electric resistivity map of seafloors, as well as researches, develops, and sells RF heating and related services for heavy oil and oil sand production technology. The company also provides electromagnetic solvers, which connect the electromagnetic software applications to the massive parallel processing capabilities available with NVIDIA graphics processing units. In addition, it offers specialized software development consulting services and training programs in the field of high performance computing, as well as provides consulting services. The company serves oil and gas, and computer-aided engineering markets through a direct sales force and a network of distribution partners. Acceleware Ltd. was founded in 2004 and is headquartered in Calgary, Canada.

Corporate Governance

Acceleware Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.