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DEVELOPED TECHNOLOGY RESOURCE NAMES MANAGER OF KAZAKHSTAN OPERATIONS MOVE STRENGTHENS U.S./KAZAKHSTAN BUSINESS TIES

 MINNEAPOLIS, July 15 /PRNewswire/ -- Developed Technology Resource, Inc. (NASDAQ-NMS: DEVT) announced today that it has named Erlan K. Sagadiev manager of Kazakhstan operations. The move is expected to result in strengthened business opportunities for U.S. companies interested in conducting business with and within Kazakhstan.
 Developed Technology Resource President and Chief Operating Officer Jim Lockman said, "Erlan Sagadiev is an exciting addition to our team, not only because of his broad experience and language abilities, but also because our business now warrants someone to manage operations in Kazakhstan. We are very excited to be expanding our business and facilitating economic development in that area. Erlan is an extremely bright, capable individual, and we look forward to the contributions he will make at Developed Technology Resource."
 Sagadiev's areas of expertise include banking, agricultural and economic development, foreign affairs and political science. He is fluent in Russian, Kazakh and English. Before joining Developed Technology Resource, Sagadiev worked at The World Bank in Washington, D.C. where he served as an analyst and facilitated a mission in Belarus for agricultural development in that area. Previously, he served as second secretary at the Kazakh ministry of foreign affairs working on international economic relations.
 Before joining the ministry of foreign affairs, Sagadiev worked with "Friendship for Scientific and Cultural Cooperation," a Kazakh non- profit organization dedicated to building international partnerships.
 Sagadiev began his career as an accountant with Alma-Ata Textile Factory in Alma-Ata, Kazakhstan. He recently received a master of science degree in agricultural and applied economics from the University of Minnesota. He holds a bachelor's degree in political economy and government from Kazakh State University. As an undergraduate, he also attended Oberlin College in Oberlin, Ohio as a foreign exchange student.
 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.
 -0- 7/15/93
 /CONTACT: David Neuger, (home) 612-699-6730; or Errin Kratochwill (home) 612-224-2462, both of Edwin Neuger & Associates, 612-333-6621, for Developed Technology Resource/
 (DEVT)


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

KH -- MN015 -- 1870 07/15/93 10:45 EDT
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Date:Jul 15, 1993
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