Petapath selected for PRACE program

PRESS RELEASE

30 March 2009

UK start-up company Petapath (Bristol, UK) has been selected as a project
partner in the pan-European Partnership for Advanced Computing in Europe (PRACE)
(www.prace-project.eu). Funded by the EU's 7th Framework, PRACE brings together
partners from 20 countries and involves 91% of Europe's high performance
computing (HPC) power.

Petapath's role in the project will be to work with industry leaders HP and SGI
to deliver two prototype petaflop/s systems using Petapath's accelerator
technology. These two systems will be used for assessment and development work
leading to procurement of future multi-petaflop/s systems.

Petapath's accelerator technology can dramatically increase computer performance
with only modest increases in power dissipation. This brings enormous benefits
to users of HPC, be they in academia or industry.

Petpath was set up in 2009 with the aim of delivering heterogeneous computing
solutions to a range of applications in the high-performance computing sector.

Systems used in enterprise computing often use only a fraction of their
available computing capacity. Petapath's technology will give customers access
to this unexploited capacity, delivery increased computer performance with only
a moderate increase in power usage.

"When dedicated accelerators, GPUs and FPGAs started being used to accelerate
computation, the available development tools and environments were not intended
for this use and were unfamiliar to most scientists or engineers," explains
Michal Harasimiuk, CEO of Petapath. "Our expertise lies in programming these
accelerators and heterogeneous cores to get the most out of their capabilities."

Petapath's software, which uses existing standards, is platform-independent and
exploits powerful distributed computing technology to harness the parallel
processing capabilities of multi-core GPUs/CPUs. It is applicable to any
industry that require energy-efficient high-performance computing power such as
the finance industry, oil and gas companies, scientific computing applications
and the aerospace industry.

"Because we are platform independent, we can work with a wide variety of
hardware providers to deliver the best solution to our customers," says
Harasimiuk. "Using multi-core technology, combined with accelerators, we can
reduce simulation times from weeks to hours."

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About Petapath
Petapath is a supplier of heterogeneous computing solutions in the high-
performance computing sector. Its expertise and technology dramatically
increases computing performance with only a moderate increase in power
dissipation. Petapath's software technology can be applied to any application
using high-performance computing, from banking and entertainment, to scientific
and mathematical modelling. Petapath's technology is a cost-effective, energy-
efficient way of increasing computer performance into the petaflop/s regime.
www.petapath.com

About PRACE
The Partnership for Advanced Computing in Europe (PRACE), is preparing the
creation of a persistent, pan-European research infrastructure that will provide
a leading high-performance computing service to enable world-class science.
Funded by the EU's 7th Framework, PRACE brings together partners from 20
countries and involves 91% of Europe's HPC power. The objective of the two year
project is the completion of the necessary legal, administrative, and technical
work that will allow the permanent research infrastructure to start operation in
2010.
www.prace-project.eu


Press contact:
Michal Harasimiuk
michal@petapath.com
+44(0)117 911 7544
+44(0)778 718 5248