Accelr8 Technology Corporation Announces Third Quarter Results And BACcelr8r(TM) Progress

DENVER, June 15 /PRNewswire-FirstCall/ -- Accelr8 Technology Corporation (Amex: AXK - News) reported today its third quarter financial results. The company reported a loss of $788,865 or $0.08 per share on net revenues of $19,800 for the quarter ended April 30, 2006. In the comparable three-month period of fiscal 2005, Accelr8 reported a net loss of $562,838 or $0.06 per share on net revenues of $120,104. For the nine-month period ending April 30, 2006, the company reported a loss of $2,347,470 or $0.24 per share on net revenues of $161,678. For the comparable nine-month period in fiscal 2005 the company reported a loss of $1,387,160 or $0.14 per share on net revenues of $382,859. The company's fiscal year ends July 31, 2006.
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