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DEVELOPED TECHNOLOGY RESOURCE, INC. NAMES DIRECTOR OF LEGAL AFFAIRS

 MINNEAPOLIS, Aug. 4 /PRNewswire/ -- Developed Technology Resource, Inc. (NASDAQ: DEVT) (DTR) announced today that it has named John P. Hupp director of legal affairs for the company. Hupp will be responsible for facilitating DTR's business development transactions between U.S. businesses and those in the former Soviet Union.
 Prior to joining DTR, Hupp was founder and president of Magellan International Ltd., the exclusive worldwide marketing agent for a leading on-line information company out of Russia. Previously, Hupp was resident attorney in Moscow for the international law firm of Hale & Dorr, where he established the firm's Moscow office and negotiated joint venture agreements for the firm's clients. He has also served as corporate counsel and senior project manager for Management Partnerships International (MPI) in Chicago. While at MPI, he oversaw new business development for the company and facilitated joint ventures between Russian, Czechoslovakian and U.S. companies.
 Richard Barr, chairman and CEO of Developed Technology Resource, said, "John Hupp fills a key position within our organization that rounds out the expertise of the core management at DTR. We're pleased to have recruited someone whose knowledge and experience is ideally suited to our business operations."
 Hupp began his career as an attorney with Pretzel & Stouffer in Chicago. He subsequently joined the law firm of Bollinger & Ruberry in Chicago. A graduate of the University of Illinois, Urbana, with a bachelor's degree in Russian area studies and political science, Hupp received his law degree from the University of Illinois College of Law in Champaign.
 Hupp has edited and co-authored several articles and publications relating to commercial law in Russia. He is currently general editor of the Russian legal series, Business and Commercial Laws of Russia.
 Developed Technology Resource, Inc. is a Minneapolis-based company engaged in technology transfer, manufacturing joint ventures, investment services and product distribution within the former Soviet Union. On May 5, 1993, the company completed an initial public offering of 977,500 shares of common stock at $5 per share. The common stock is trading on the National Market System under the NASDAQ symbol DEVT.
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 /CONTACT: David Neuger, 612-333-6621, (Home) 612-699-6730, or Errin Kratochwill, 612-699-6621, (Home) 612-224-2462, both of Edwin Neuger & Associates, for Developed Technology Resource/
 (DEVT)


CO: Developed Technology Resource, Inc. ST: Minnesota IN: SU: PER

DB -- MN007 -- 9343 08/04/93 11:38 EDT
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Publication:PR Newswire
Date:Aug 4, 1993
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