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Updated: July 8th, 2008 05:26 PM CDT

Poseidon Capital Corp.: Photonics Simulator, Sim 3DMax, Now an Order of Magnitude Faster with Acceleware Partnership

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CCNMatthews (English)
via NewsEdge Corporation

Sim 3DMax(TM) is currently used by the world's leading manufacturers of high density optical data storage devices in Asia, North America and Europe. Applications include interaction with sub-wavelength structures, photonics, imaging and semiconductor lasers.

Forward Looking Information & Safe Harbour Statement

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. These may include, without limitation, statements based on current expectations involving a number of risks and uncertainties related to all aspects of the high performance computing industry. These risks and uncertainties include, but are not restricted to, continued increased demand for the Corporation's products, the Corporation's ability to maintain its technological leadership in the field of hardware acceleration of electromagnetic simulations, the Corporation's ability to attract and retain key employees, defend itself against any future patent infringement claims, and the availability of key components.

These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Corporation assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact:

Sean KrakiwskyAcceleware Inc. & Poseidon Capital Corp.President & CEO(403) 210-9650 Ext. 204

<<CCNMatthews (English) -- 05/24/06>>


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