Oct 22 (Reuters) - Acceleware Ltd:
* ACCELEWARE LTD. ANNOUNCES US$2.5 MILLION AGREEMENT WITH ADVANCED MICRO DEVICES, INC
* ACCELEWARE LTD - WILL RECEIVE CASH COMPENSATION OF US$2.51 MILLION FROM AMD IN EXCHANGE FOR CUSTOM SOFTWARE ENGINEERING RESOURCES AND CONSULTING SERVICES
* ACCELEWARE LTD - AS PART OF AGREEMENT, CO'S CUSTOM SOFTWARE DEVELOPMENT TEAM WILL TRANSITION TO A NEW AMD SITE IN CALGARY
* ACCELEWARE LTD - WILL ALSO PROVIDE CONSULTING SERVICES TO AMD
* ACCELEWARE LTD - WILL USE US$2.51 MILLION LARGELY TO FINANCE ITS PREVIOUSLY ANNOUNCED RF XL COMMERCIAL-SCALE TEST