-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EH35VzYkiOmYfxuFhkHPRQoIW2NHjoFur7u3LoL3NWC8C9OWgYUYCti2siA/ZLVL
 Dx3QPJsUNTmO4aaIm8e6MA==

<SEC-DOCUMENT>0001050502-03-000442.txt : 20030529
<SEC-HEADER>0001050502-03-000442.hdr.sgml : 20030529
<ACCEPTANCE-DATETIME>20030529134550
ACCESSION NUMBER:		0001050502-03-000442
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030422
FILED AS OF DATE:		20030529

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FLEURY HARRY J
		CENTRAL INDEX KEY:			0001236200

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-11485
		FILM NUMBER:		03723071

	BUSINESS ADDRESS:	
		STREET 1:		303 EAST 17TH AVENUE
		STREET 2:		#108
		CITY:			DENVER
		STATE:			CO
		ZIP:			80203
		BUSINESS PHONE:		3032923883

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACCELR8 TECHNOLOGY CORP
		CENTRAL INDEX KEY:			0000727207
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				841072256
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			0731

	BUSINESS ADDRESS:	
		STREET 1:		303 E 17TH AVE
		STREET 2:		SUITE 108
		CITY:			DENVER
		STATE:			CO
		ZIP:			80203
		BUSINESS PHONE:		3038638088

	MAIL ADDRESS:	
		STREET 1:		303 E 17TH ST
		STREET 2:		SUITE 108
		CITY:			DENVER
		STATE:			CO
		ZIP:			80203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HYDRO SEEK INC
		DATE OF NAME CHANGE:	19880802
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>form4hf_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4/A</documentType>
   <periodOfReport>2003-04-22</periodOfReport>
   <dateOfOriginalSubmission>1995-07-04</dateOfOriginalSubmission>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000727207</issuerCik>
        <issuerName>ACCELR8 TECHNOLOGY CORP</issuerName>
        <issuerTradingSymbol>ACLY.OB</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001236200</rptOwnerCik>
            <rptOwnerName>FLEURY HARRY J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>President</officerTitle>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Common Stock (Acquisition from exercise of stock options)</value>
      </securityTitle>
      <transactionDate>
         <value>2003-04-22</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>F</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>100000</value>
         </transactionShares>
         <transactionValue>
           <value>36000</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>233750</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <derivativeSecurity>
      <securityTitle>
         <value>Exercise of Stock Options</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>.36</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-04-22</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>X</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>100000</value>
         </transactionShares>
         <transactionValue>
           <value>36000</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>1998-08-08</value>
      </exerciseDate>
      <expirationDate>
         <value>1998-08-08</value>
            <footnoteId id="F1"/>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>100000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>40000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeSecurity>
   <footnotes>
<footnote id="F1"> The options exercised would have expired 90 days following the termination of his employment with th</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Harry J. Fluery</signatureName>
      <signatureDate>2003-05-28</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----