DENVER--(BUSINESS WIRE)--Accelr8 Technology Corporation (NYSE Amex: AXK) announced that the company agreed to extend its letter of intent with its industry collaborator, based on prepaid R&D expenses, for one month to July 31, 2011. The collaborator stated the companies’ joint intent to complete evaluation of Accelr8’s data and agree on business terms for a formal business relationship and definitive Business Agreement by July 31, 2011.
