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DEVELOPED TECHNOLOGY RESOURCE MOVES HEADQUARTERS TO NEW OFFICES

 MINNEAPOLIS, Oct. 15 /PRNewswire/ -- Developed Technology Resource, Inc. (NASDAQ-NMS: DEVT) (DTR) announced today that it is moving its corporate headquarters to new offices effective Oct. 18, 1993. The new offices, which are 50 percent larger than those DTR currently occupies, will combine DTR's Minneapolis operations in one central location. The new address is 12900 Whitewater Drive, Suite 310, Minnetonka, Minn. 55343.
 DTR President and Chief Operating Officer Jim Lockman said, "This move reflects the company's growth over the past year and allows us to more efficiently go about our business of building DTR."
 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 traded on the National Market System under the NASDAQ symbol DEVT.
 -0- 10/15/93
 /CONTACT: David Neuger, 612-333-6621 or (Home) 612-699-6730, or Errin Kratochwill, 612-333-6621 or (Home) 612-224-2462, both of Edwin Neuger & Assoc., for Developed Technology Resource/
 (DEVT)


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

AL-DB -- MN005 -- 2799 10/15/93 14:20 EDT
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Publication:PR Newswire
Date:Oct 15, 1993
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