David Archer Named Managing Director of Center for Entrepreneurship and Technology.

RENO, Nev. -- The Center for Entrepreneurship and Technology (CET) today announced the selection of David Archer as CET's new Managing Director. In this position, Mr. Archer will be responsible for promoting the advancement of entrepreneurship and technology in Nevada. The CET, under Mr. Archer's leadership, will continue to work closely with Nevada's political and government leaders, economic development authorities, educational institutions and private businesses to diversify and enhance Nevada's economy through entrepreneurship and technology.

"David Archer's background in technology, marketing and executive management combined with his entrepreneurial spirit makes him uniquely qualified to lead CET," noted Scott Frost, a Nevada entrepreneur and Chairman of CET's Board of Directors. "As former senior-level executive with global enterprises and more recently an entrepreneur himself, David is passionate about helping businesses succeed. His experience will be welcome in creating programs to attract, retain and assist Nevada entrepreneurs and technology start-ups."

"CET is an incredible resource in Nevada's economic diversification efforts," adds David Archer, the Center for Entrepreneurship and Technology's new Managing Director. "When I was invited by CET to attend the 2005 Donald W. Reynolds Governor's Cup award's gala put on by CET manages, I walked away from the event excited about Nevada's future and filled with a desire to promote Nevada's positive entrepreneurial and technology climate. Now I have that opportunity."

Prior to relocating to Nevada, Mr. Archer held executive positions at Viacom, Netscape, AOL and Time Warner. Mr. Archer is currently President of the Reno-Tahoe American Marketing Association and a member of the Northern Nevada Development Authority's (NNDA) Board of Directors, and a member of the Economic Development Authority of Western Nevada (EDAWN), Sierra Nevada College's Computer Science Advisory Board, Advertising Association of Northern Nevada (A2N2), American Society for Training & Development (ASTD) and WIN. Mr. Archer holds an MBA with honors in Marketing and a BA in Management from St. Mary's College in Moraga, CA. He also holds AS degrees in Electronics Engineering and Broadcast Engineering from the College of San Mateo in San Mateo, CA.

"We're excited to have David on board," said CET Board member and Hale Lane attorney Bob Anderson. "We have a full plate of initiatives and events in 2006, including the fact that Nevada college students are now preparing for the second annual Donald W. Reynolds Governor's Cup business plan competition."

About CET:

CET is a non-profit 501(c)3 and is dedicated to accelerating economic growth through entrepreneurship and technology. The Center for Entrepreneurship and Technology was born from a common vision to create a comprehensive State-wide resource center for entrepreneurs and technology companies. CET was formed between Nevada's Commission on Economic Development and the Northern Nevada based technology group previously known as TechAlliance. CET operates and manages several entrepreneurships and technology-focused events and education programs. For more information visit newnevada.com.