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ACCELr8 TECHNOLOGY CORPORTATION RELOCATES TO TUCSON

Following a multi-state search, Accelr8 Technology Corporation
announced this morning that it is relocating to Tucson.  Acclelr8 is a
publically traded, bioscience company developing cutting edge diagnostic
technology.   Operating within the multi-billion dollar infectious
disease market, Accelr8 has future high-growth plans in Tucson.
 
The selection of Tucson by Accelr8 reflects the significant efforts by
the City of Tucson to become more welcoming to businesses.  Recently the
City has taken steps to streamline the process of doing business within
city limits, added an Economic Initiatives Section and created
incentives to encourage private sector development.
 
The City’s attention to economic growth by creating a single point of
contact for business and providing powerful new incentive tools is
already demonstrates the hard work being put into attracting new
businesses.
 
“Focusing on economic development was one of the first goals that I
set out for my staff,” said City Manager Richard Miranda.  “It is
imperative that the City takes a leadership role in bringing economic
opportunity to Tucson. “With the recruitment of Accelr8, Tucson proves
that it can be a player in emerging fields like biotechnology which
bring high quality jobs to our community.”