UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
June 1, 2005
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Date of Report (Date of earliest event reported):
ACCELR8 TECHNOLOGY CORPORATION
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(Exact name of registrant as specified in charter)
Colorado 0-11485 84-1072256
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
7000 North Broadway, Building 3-307, Denver, CO 80221
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(Address of principal executive offices)
(303) 863-8808
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Registrant's telephone number, including area code:
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On June 2, 2005, Accelr8 Technology Corporation ("Accelr8") and SCHOTT
Jenaer Glas GmbH ("SCHOTT") entered into a supply agreement (the "Supply
Agreement").
Pursuant to the Supply Agreement, Accelr8 will supply a minimum of 5,000
OptArray Slide HS streptavidin coated microarrying slides to SCHOTT on a
non-exclusive basis, at a price of $20.82 each for the first 1,000 slides and
$17.15 for the remaining slides purchased under the Supply Agreement. The Supply
Agreement for Slide HS with SCHOTT expires on December 31, 2005. Accelr8 also
granted a non-exclusive right to SCHOTT to manufacture and sell, up to 12,500
glass slides, from January 1, 2006 to December 31, 2006. If SCHOTT exercises
this right, SCHOTT shall pay Accelr8 $15,000 for training on manufacturing of
Slide HS. In addition, SCHOTT agreed to provide 7,500 glass substrates to
Accelr8 at no charge (valued at $12,750). Accelr8 also offered SCHOTT the right
to negotiate an exclusive license for the manufacturing and worldwide sales of
Slide HS coatings on microarraying slides. SCHOTT must formally initiate
negotiations by October 1, 2005.
Item 9.01 Financial Statements and Exhibits
10.1 Supply Agreement dated June 1, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: June 7, 2005 ACCELR8 TECHNOLOGY CORPORATION
By: /s/ Thomas V. Geimer
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Thomas V. Geimer, Chief Executive Officer