FOR IMMEDIATE RELEASE	Contact: Jeanne Lazarus Metzger
April 8, 1999	703-524-2549
NVCA Honors Members for Lifetime Achievement, Outstanding Service and Giving Back to the Community
The National Venture Capital Association (NVCA) will honor several individuals from the venture industry at the 1999 NVCA Annual Meeting on April 15th at the Ritz-Carlton Hotel in Boston, MA. The Association will recognize these individuals for their outstanding contribution to the formation and early leadership of the venture community, longstanding service to the NVCA, and their philanthropic leadership through broader community service. An awards ceremony will be held at 12:15 p.m. Peter A. Brooke, founder of Advent International and TA Associates, and Thomas J. Perkins, founding partner of Kleiner, Perkins, Caufield & Byers will be honored with the Lifetime Achievement in Venture Capital Award. The Lifetime Achievement in Venture Capital Award was established in 1998 to recognize venture professionals who have dedicated their professional lives to creating and building successful and highly competitive venture firms as well as portfolio companies that have made a significant contribution to the growth and success of the U.S. economy. Recipients of the Lifetime Achievement Award were instrumental in the formation and growth of the venture capital industry and have consistently set high performance standards for the entire industry. Christopher W. Brody, a partner at E.M. Warburg, Pincus & Co. will be honored with the NVCA Outstanding Service Award. The Outstanding Service Award was established in 1999 to recognize the exceptional service of an NVCA Director or NVCA member who has committed an extraordinary amount of time, resources and dedication to Association efforts that in turn benefit the entire venture industry. This dedication has raised the visibility of the industry to key legislators and regulators and helped to educate them regarding the pivotal role of venture capital to this country. Gib Myers, a partner at The Mayfield Fund and founder of the Entrepreneurs' Foundation, will be honored with the American Spirit Award. The American Spirit Award was created in 1999 to recognize NVCA members who have shown philanthropic leadership by aplying business skills, knowledge, expertise and resources to make an outstanding contribution to society. The National Venture Capital Association (NVCA) represents over 300 venture capital and private equity firms. The NVCA was established in 1973 to foster a better understanding of the important impact venture capital has on the U.S. economy and to stimulate the flow of private risk equity capital to developing companies. Today, the NVCA is the venture community's leading source of advocacy, networking, professional development and information. NVCA's affiliate, the American Entrepreneurs for Economic Growth (AEEG), is the largest nationwide network of emerging growth companies focusing on public policy affecting fast growth enterprises. AEEG represents approximately 12,000 CEO's of emerging growth companies. The NVCA Annual Meeting is closed to press. However, press will be allowed to attend the awards ceremony from 12:15 - 1:00 p.m. Press representatives interested in attending the awards ceremony should contact Jeanne Lazarus Metzger at 703-524-2549.