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PLATTE RIVER SYSTEMS, INC. ANNOUNCES THE APPOINTMENT OF NEW CEO

Michael A. Hopwood, becomes President and CEO

MORGAN HILL, Calif. – February, 7 2006 – Platte River Systems (PRS) is pleased to announce the appointment of Michael A. Hopwood as President and CEO.  Mr. Hopwood comes to PRS from PLX Technology, Inc. where he was Vice President of Worldwide Sales and Business Development. 

Mr. Hopwood was with PLX Technology for 16+ years where he held many positions and helped bring PLX from a start-up to a public company and finally to a leader in the I/O interconnect space. Mr. Hopwood was instrumental in several acquisitions while at PLX and ran several departments including Sales, Business Development, Information Technology, Technical Applications, Systems Validation and Channel Marketing.  Most recently, Mr. Hopwood was responsible for PLX’s growing leadership position amongst its extensive customer base, in the PCI-Express switch and bridge business.  In order to support that growth, Mr. Hopwood led the expansion of  PLX’s presence on a global basis. He set up PLX foreign companies and offices and staffed complete sales and support teams in the UK, Japan, Hong Kong, China and Taiwan.  Prior to PLX, Mr. Hopwood held various sales positions at Intel.

In 1998, while at PLX and head of the Information Technology group, Mr. Hopwood pioneered and led the IT software applications team in creating the industries first hosted CRM system dedicated to managing the sales operations and design activity of a semiconductor company and its sales channels. 

The main application designers, from the team that Mr. Hopwood led, started PRS in 2004 and developed, from scratch, a Sales and Information Management System (SIMS) which incorporates all of the lessons learned from previous experiences and implemented them on next generation database architectures.  This architecture allows flexibility and data exchange not found in any other CRM tool and makes it stand alone as a truly global, multi-channel solution targeted at the semiconductor and other similar markets.    It allows semiconductor companies and their partners, of all sizes, to extensively expand their reach into their specific markets and expand their business base to thousands of customers, while limiting their sales overhead and managing internal resources.

“Platte River System's development team is top notch and has been successful in bringing out its first enterprise ready applications in record time.,” says, Richard Baron, former President of QD Systems and advisor to PRS, “The addition of Mr. Hopwood to the team will give PRS a big boost in bringing that technology to the market place.”

“Mike brings a unique set of skills to our company”, says Mark Easley, Principal of Gold Hat Ventures, an investor and advisory board member, in Platte River Systems. “His extensive experience in working at all levels and functions of a company are unique.  His ability to understand how those functions can be driven and served by linking them directly to a worldwide sales network is at the heart of what PRS does.”

About Platte River Systems, Inc.

Platte River Systems, Inc. specializes in providing complete solutions to the problems facing high-tech semiconductor companies and their sales channels.  PRS offers its Sales and Information Management System (SIMS) as a complete front-end solution to manage initial project identification through shipment of product.  SIMS connects to many of the available ERP systems and provides seamless information flow from those back-end systems to the field.  PRS utilizes the Software as a Service (SaaS) model to most effectively interconnect the complex relationships between OEM’s, their sales channels and customers around the world.  Platte River Systems also specializes in providing sales operations consulting and service to the semiconductor companies they serve.  www.platteriversystems.com

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