Successful Implementation


Celoxica Holdings PLC
11 October 2007




                             CELOXICA HOLDINGS PLC
                         ("CELOXICA" OR "THE COMPANY")


   CELOXICA IMPLEMENTS PERFORMANCE ACCELERATION FOR US LIFE-SCIENCES COMPANY
              Increasing momentum in accelerated computing market


Celoxica Holdings plc (AIM: CXA) - a leading provider of FPGA based High
Performance Computing solutions, announces the successful implementation of data
analysis acceleration in the life sciences environment. Genetic analysis is a
fundamental process in modern drug discovery and development but places great
demands on data processing. Working with a respected US Life Sciences company,
Celoxica was able to accelerate the client's gene sequencing algorithm by a
factor of 20, significantly reducing this "bottleneck". The application of
Celoxica's technology could have major benefits in the speed and cost of drug
development.

This follows the announcement last month of two other successful proof of
concept projects in the financial services market.

Lee Staines, Chief Executive of Celoxica commented, "We are delighted to
announce the completion of another successful implementation within one of our
key industry verticals. The ever increasing demand for higher performance
coupled with a need for a reduction in power consumption is driving momentum in
our market. We are seeing an increased level of awareness of our services within
the financial services, life-sciences and oil and gas industries and believe the
potential for our products to be significant."




ENQUIRIES

Celoxica Holdings plc (www.celoxica.com)         Tel. +44 (0)1235 863 656
Lee Staines, CEO
Michelle Young, CFO

ICIS                                             Tel. +44 (0) 20 7651 8688
Tom Moriarty                                          +44 (0) 7843 260 623
Caroline Evans-Jones

Arbuthnot                                        Tel. +44 (0) 20 7012 2000
Tom Griffiths
Alasdair Younie




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
NRAOKKKDABDDOKD

Celoxica (LSE:CXA)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024