Acceleware Foraging Into Oil Industry
The big news out of Acceleware today is they have a product for use with the oil industry. This product should increase the productivity of the oil and gas industry as they’ll be able to determine the correct drilling locations faster. From the press release:
“Acceleware annouced the launch of its seismic data acceleration solution that provides a multi-fold performance increase to reduce lengthy processing times”
I’m interested in Acceleware as I have 300 shares in my risky business section of my portfolio. I see this as good news for Acceleware as Oil and Gas is a multi-billion dollar industry. As with all of their products if they can market themselves correctly then they’ll definitely increase their earnings.
Read the full press release here.
Posted
on
Wednesday, January 30th, 2008 at 8:32 pm under
No comments yet.