-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 R+zOXgq9ggypUVlzFijenn36ltd3GA0jF3zT/1yoixgsp+YiMx8KcTKUt+TcGvyT
 r7b2ci/2cGCFd7C7BlIsuA==

<SEC-DOCUMENT>0001050502-05-000148.txt : 20050214
<SEC-HEADER>0001050502-05-000148.hdr.sgml : 20050214
<ACCEPTANCE-DATETIME>20050214154116
ACCESSION NUMBER:		0001050502-05-000148
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050210
FILED AS OF DATE:		20050214
DATE AS OF CHANGE:		20050214

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACCELR8 TECHNOLOGY CORP
		CENTRAL INDEX KEY:			0000727207
		STANDARD INDUSTRIAL CLASSIFICATION:	LABORATORY ANALYTICAL INSTRUMENTS [3826]
		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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ARNOLD A ALEXANDER III
		CENTRAL INDEX KEY:			0001033731

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31822
		FILM NUMBER:		05609522

	BUSINESS ADDRESS:	
		STREET 1:		TRAINER WORTHAM & CO INC
		STREET 2:		845 THIRD AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10021
		BUSINESS PHONE:		2127597755
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4aaa_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-02-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000727207</issuerCik>
        <issuerName>ACCELR8 TECHNOLOGY CORP</issuerName>
        <issuerTradingSymbol>ACLY.OB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001033731</rptOwnerCik>
            <rptOwnerName>ARNOLD A ALEXANDER III</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1230 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Accelr8 Technology Corporation</value>
            </securityTitle>
            <transactionDate>
                <value>2005-02-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>70000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.98</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>793000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see F1</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Accelr8 Technology Corporation</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>75000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 730,000 shares held by four trusts. Mr. Arnold merely serves as a trustee for each of those trusts, but is not a
beneficiary of and has no pecuniary interest in any of those trusts. Also includes 63,000 shares held in investment
advisory accounts for which Mr. Arnold serves as the investment advisor. Mr. Arnold disclaims any beneficial ownership on
the securities held in these trusts or in the investment advisory accounts.</footnote>
        <footnote id="F2">Includes 75,000 shares, which may be purchased by Mr. Arnold upon exercise of options.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ A. Alexander Arnold III</signatureName>
        <signatureDate>2005-02-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----