Accelr8 Technology Corporation Announces Renewal and Expansion of SCHOTT Microarray License, and Notice of Allowance for New Patent

DENVER--(BUSINESS WIRE)--Accelr8 Technology Corporation (NYSE Amex: AXK) announced that Accelr8 and SCHOTT Technical Glass Solutions, GmbH (Jena, Germany) have renewed Accelr8’s license to SCHOTT for Nexterion® microarraying slides using OptiChem® biocoatings. In addition to renewing the existing non-exclusive license, Accelr8 also granted to SCHOTT the right to sell OptiChem®-coated products for application in medical diagnostics. Previously, SCHOTT’s license excluded medical diagnostic applications. The new right for diagnostic products allows SCHOTT to sell up to 20,000 units/year to any single customer. If the customer plans to exceed this volume, SCHOTT will refer the customer to Accelr8 to negotiate a direct license from Accelr8.

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