Acceleware Announces Closing of Shares for Debt Transaction and First Tranche of Issuance of Replacement Debentures

Calgary, Alberta--(Newsfile Corp. - April 10, 2026) - Acceleware® Ltd. (TSXV: AXE) ("Acceleware" or the "Company") is pleased to announce that it has closed the Shares for Debt Transaction (as defined below) and the first issuance of the Replacement Debentures (as defined below), both in connection with its previously announced debenture restructuring of the outstanding debt owed to the 10% unsecured convertible debenture holders (the "2022 Debentures") in the aggregate amount of $2,453,640, which amount represents the total principal outstanding plus accrued and unpaid interest (the "Debenture Restructuring").