UCF Technology Incubator Names David E. Reap Entrepreneur-in-Residence

Orlando, Fla. --- The University of Central Florida Technology Incubator is please to announce the addition of David E. Reap to the Incubator’s team as its newest Entrepreneur-in-Residence. Entrepreneurs-in-Residence are individuals with extensive experience in starting and growing technology companies who volunteer to spend several days a month advising and mentoring UCFTI clients.

Tom O’Neal, chief executive officer of the University of Central Florida Technology Incubator, said Reap will prove a valuable resource for the more than 50 emerging technology companies affiliated with the UCF Technology Incubator.

“David Reap has more than 15 years of experience in sales, marketing, finance and operations of technology companies, including product-based technology and services,” O’Neal said.

Reap is currently on assignment with Productivity Apex, Inc., a UCF Technology Incubator company. From 2003-2005, he was CEO of CrossRidge, a strategic marketing and creative services company that helped entrepreneurs drive sales and raise value. He was formerly on the Board of Directors of Orlando-based Starnet International Corp., a multi-million dollar manufacturer of aluminum space frames, which was acquired by Conservatek Industries. He is a current appointee to the Orange County Community Development Advisory Board.

“I am excited about being selected by UCFTI to help further its mission of creating financially successful, high growth technology companies,” said Reap. “I am looking forward to helping the entrepreneurs in the Incubator grow their businesses through deployment of targeted marketing strategies.”

Reap is a graduate of Purdue University.

“We are pleased to have an executive of the caliber of David working with the Incubator to help our clients achieve success,” O’Neal added.

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For more information, please contact:

Tom O’Neal or Carol Ann Dykes, UCF-Technology Incubator, 407-882-0202

Larry Vershel, Larry Vershel Communications, 407-644-4142

About the UCF Technology Incubator

Since its founding in 1999, the UCF Technology Incubator has helped more than 80 emerging technology companies create over $175 million in revenue and more than 600 new jobs with an average salary of $59,000. As a result of this success, the UCF Technology Incubator was recently named the 2004 Technology Incubator of the Year by the National Business Incubation Association. Headquartered in Research Park near the University, the Incubator is a true collaboration in economic development between UCF, Orange County, the City of Orlando, the Florida High Tech Corridor Council and the Metro Orlando Economic Development Commission. For more information, please visit http://www.incubator.ucf.edu.

www.ucf.edu