BOULDER, COLO., – March 7, 2005 –SkyeTek Inc., the market leader in open architected RFID reader technology today announced the appointment of Rob Balgley to the positions of Chairman and CEO.

“Rob Balgley's 25 years of technology, sales and business management experience are a perfect fit for Skyetek," said Phillip Dignan, managing director of Appian Venture Partners, an investor in SkyeTek. "SkyeTek has always had exceptional technological vision and engineering talent, to which Rob is adding proven professional leadership and entrepreneurial drive. Rob has continually shown the ability to build a very successful organization."

Over the course of his career, Balgley has raised more than $65 million from institutional and strategic investors and has overseen every stage of successful venture backed startups, from founding through fundraising, acquisitions and independent maturity. Most recently, Balgley was CEO and president of Jabber, Inc. where he guided the company’s evolution from open source startup to global category leader, tripling revenues in each of his final two years with the company.

“SkyeTek’s innate talent and vision for RFID ubiquity make the company a truly disruptive force in RFID,” said Balgley. “It is a unique opportunity to be able to lead a nascent company that has already accomplished so much – yet whose long term potential remains so high.”