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     <TD noWrap align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</FONT></B></TD></TR></TABLE></P>
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<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FORM 8-K</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CURRENT REPORT</FONT></B></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</FONT><BR>
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<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">April 1, 2008</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">_________________________________________________</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date of Report (Date of earliest event reported):</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ACCELR8 TECHNOLOGY CORPORATION</FONT></B><BR>
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<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Exact name of registrant as specified in charter)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">__</FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Colorado</FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">__________</FONT>&nbsp; </TD>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(State or other jurisdiction</FONT>&nbsp; </TD>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">of incorporation)</FONT>&nbsp; </TD>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Identification No.)</FONT>&nbsp; </TD></TR></TABLE><BR>
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<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Address of principal executive offices)</FONT><BR>
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<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(303) 863-8808</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">______________________________________________________</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Registrant&#146;s telephone number, including area code: </FONT><BR>
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<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Former name or former address, if changed since last report.)</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">filing obligation of the registrant under any of the following provisions:</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">CFR 240.14d-2(b))</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17</FONT>&nbsp; </TD></TR>
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<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Item 8.01 Other Events. </FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">On April 1, 2008, Accelr8 Technology Corporation issued a press release announcing it had agreed in principle with Becton, Dickinson and Company (&#147;BD&#148;) to terms for an agreement with respect to Accelr8&#146;s BACcel&#153; rapid bacterial diagnostic system. Under the contemplated agreement, BD will fund an 18-month milestone project starting April 1, 2008. </FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">BD will also have the option to license the technology for product development, manufacturing, and commercialization for the clinical diagnosis of infectious diseases.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">The definitive agreement is expected to be signed before April 30, 2008.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">A copy of the press release is attached as Exhibit 99.1.</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Item 9.01. Financial Statements and Exhibits.</FONT></B></P>
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     <TD noWrap align=center background="">99,1</TD>
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     <TD noWrap align=left background=""><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Press Release dated as of April 1, 2008, announcing agreement in principal with BD</FONT> </TD>
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<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">SIGNATURES</FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">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.</FONT></P>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: April 1, 2008</FONT>&nbsp; </TD>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">ACCELR8 TECHNOLOGY CORPORATION</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">By:</FONT>&nbsp; /s/&nbsp; Thomas V. Geimer</TD></TR>
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     <TD noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Thomas V. Geimer, Chief Executive Officer</FONT>&nbsp; </TD></TR></TABLE><BR>
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accelr84108.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
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
April 1, 2008
_________________________________________________
Date of Report (Date of earliest event reported):
ACCELR8 TECHNOLOGY CORPORATION
_____________________________________________________
(Exact name of registrant as specified in charter)
__
Colorado
__________
_____
0-11485
________
____
84-1072256
___
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
Identification No.)
7000 North Broadway, Building 3-307, Denver, CO 80221
________________________________________________________
(Address of principal executive offices)
(303) 863-8808
______________________________________________________
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 8.01 Other Events.
On April 1, 2008, Accelr8 Technology Corporation issued a press release announcing it had agreed in principle with Becton, Dickinson and Company ("BD") to terms for an agreement with respect to Accelr8's BACcel™ rapid bacterial diagnostic system. Under the contemplated agreement, BD will fund an 18-month milestone project starting April 1, 2008.
BD will also have the option to license the technology for product development, manufacturing, and commercialization for the clinical diagnosis of infectious diseases.
The definitive agreement is expected to be signed before April 30, 2008.
A copy of the press release is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit No.
Description
99,1
Press Release dated as of April 1, 2008, announcing agreement in principal with BD
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: April 1, 2008
ACCELR8 TECHNOLOGY CORPORATION
By:
/s/  Thomas V. Geimer
Thomas V. Geimer, Chief Executive Officer