For Immediate Release: Contact: Emily Herman PACT [email protected] 215.790.3608 Tim Draper Confirmed to Speak at IMPACT 2011 Venture Summit Mid-Atlantic PHILADELPHIA – September 30, 2011 – One of the nation’s top venture capitalists will kick-off the upcoming IMPACT conference, Jay Coogan, Host Chairman of IMPACT 2011, announced today. Timothy C. Draper, Founder and Managing Director of venture firm Draper Fisher Jurvetson, will appear on Tuesday, November 29 at IMPACT 2011 Venture Summit Mid-Atlantic as one of the three keynote speakers. Draper, whose firm manages over $7 billion in investments, will bring his entrepreneurial prowess to the podium when he speaks at PACT’s venture conference at the Ritz-Carlton, Philadelphia. With frequent television, radio, and headliner appearances and too many honors and awards to count, Draper is recognized as a true pioneer in his field. “Since Tim Draper was announced as the ‘#1 Top Venture Capital Deal Maker’ in 2008 by AlwaysOn, the honor is brought full circle by having Tim speak at IMPACT 2011 which is co-presented by PACT & AlwaysOn,” said Jay. “We are excited that such an advocate for entrepreneurs is participating in our conference.” The IMPACT conference has a long history of obtaining relevant top-tier speakers for the day-and-a-half event. The conference unites the key players from the private equity and entrepreneurial communities and welcomes Draper’s vast experience in launching early-stage venture capital funds in more than 30 cities around the globe with DFJ Global Network. History of IMPACT IMPACT, PACT's venture conference, has a long tradition of uniting the key players from the private equity and entrepreneurial communities. This day-and-a-half event offers: access to emerging companies from the Mid-Atlantic region, networking opportunities with the business community leaders and, panel sessions that offer relevance, value and expert knowledge. As the oldest, most established venture conference in the Northeast, IMPACT draws more than 1,000 participants and has been the catalyst for billions of dollars in venture funding and entrepreneurial success in the region. About Duane Morris Duane Morris LLP, a full-service law firm with more than 700 attorneys in 24 offices in the United States and internationally, offers innovative solutions to the legal and business challenges presented by today's evolving global markets. About Philadelphia Alliance for Capital and Technologies (PACT) Greater Philadelphia Alliance for Capital and Technologies (PACT)'s vision is to be a premier resource for emerging growth companies in the technology, clean technology, and life sciences industries. We connect emerging growth companies, venture investors, professional advisors, and technology-focused corporations to network, develop relationships, pursue business opportunities, and market and promote their businesses to foster growth and innovation. For more information please visit www.philadelphiapact.com. About AlwaysOn AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, AO became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, GoingGreen East, and the Global Silicon Valley Economic Summit. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand. ### .