Implementation at Tier 1 Bank


Celoxica Holdings PLC
28 August 2007





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

                  Implementation at Tier 1 US Investment Bank

 Celoxica sees increased demand for Accelerated Computing in Financial Services

Celoxica Holdings plc (AIM: CXA) - a leading provider of electronic system level
design technology for the Accelerated Computing and Embedded Systems markets, is
pleased to announce progress towards adoption of the Company's Accelerated
Computing products in the Financial Services sector, including a successful
proof of concept implementation at a leading US investment bank.

As stated at the time of the Company's preliminary results in March 07, the
Company believes there is a significant market opportunity in the financial
services sector for its accelerated computing products and services. This
opportunity is being driven by the requirement for companies to accelerate their
computing processes, without increasing their need for space or power due to the
widely forecast impending datacentre capacity issues.

Celoxica is currently carrying out a paid engagement for a Tier 1 US investment
bank to deliver a proof of concept for the Company's accelerated computing
technology. The Company's FPGA co-processor solution has been installed at the
bank to accelerate its mainstream quantitative analysis applications. Results of
the study have shown improvements in the power-speed ratio of up to 30 times
compared to the bank's current server technology.

Additionally, a proof of concept is currently being carried out at a large stock
exchange to accelerate the exchange's trade feed processing thus enabling
support of increased trade volumes. With trading volumes globally increasing by
an average of two times a year, the ability of standard computer infrastructure
to keep up with the growth is a problem currently being experienced by Exchanges
around the world.

Lee Staines, Chief Executive of Celoxica commented, "We believe that Celoxica's
acceleration solutions can provide a competitive edge in the financial services
sector. Most trading applications and front office systems are targeted to
achieve important business objectives; best price and fastest analysis to act on
market trends whilst using best practice capability and execution. These all
need to be achieved with infrastructures that can cope with compute power that
far exceeds today's datacentre capabilities. The results of our recent
implementations prove Celoxica's capability to provide solutions at new levels
of performance and at significantly reduced power requirements which will allow
banks, brokers and exchanges to achieve new levels of competitive advantage
across their key trading applications."


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

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