As it is a new computer there should be a hidden partition on the drive that has the recovery SW, try these steps as it is what I have done to my Acer in the past to recover back to factory SW and defaults, I don't remember anything about a password, but if you used one at one time for the machine that may be the on, I don't use a pw but these instruction should work providing it's a new laptop
Here is Acer's Support page - it has links to Recovery cds, and email support which I have used, they 're not the fastest to respondm usually take 2-3 days for email questions to be answered
AcerPanAm.com/us
Recvoery Information
Press <Alt> + <F10> during POST to boot the system from the hidden hard disk drive
Partition and access the hidden partition main page.
Note: You must enter the password to access the hidden partition main page.
The hidden partition main page offers three options to restore the system: restore to factory
Default settings, restore from user's backup, or restore from backup CD/DVD.
Restore system to factory default settings
To restore system to factory default settings:
1. Select this option, then enter the password. The utility restores the system from the
Factory default settings image in the hidden hard disk drive partition.
2. When prompted, confirm system recovery. A message appears to tell you that you will
Lose all data on the drive. The utility then restores the system to its original state.
Restore system to user's backup
1. Select this option, then enter the password. The utility restores the system from the