National Venture Capital Association Releases Recommendations to Restore Liquidity in the U.S. Venture Capital Industry

"We are optimistic that the recommendations included in the Four Pillar Plan will contribute to a more vibrant IPO market for venture-backed companies over the long term," concluded Doll. "The NVCA remains committed to fostering an environment that fuels significant economic growth and job creation. The adoption of our recommendations is a critical element of our country's continued global leadership and ability to bring high growth, innovative public companies to market."

Press conferences to discuss the Four Pillar Plan will be today, April 29, 2009 at 9:00 a.m. and 3:00 p.m. eastern time. Journalists may access either event with the following information:

NVCA Press Conference 1
Wednesday April 29, 2009
9:00 a.m.- 10:00 a.m. eastern time
Phone line:  800 920 0677
No password is required.  You may refer to the NVCA Press Roundtable call
URL to follow slide presentation:
 https://www2.gotomeeting.com/join/996633050 
Meeting ID: 996-633-050

NVCA Press Conference 2
Wednesday April 29, 2009
3:00 p.m. - 4:00 p.m. eastern time
Phone line:  800 926 4951

No password is required.  You may refer to the NVCA Press Roundtable call
URL to follow slide presentation:
 https://www2.gotomeeting.com/join/497540898 
Meeting ID: 497-540-898

To view the NVCA Four Pillar Plan presentation, which will be available after 10:00 a.m. eastern on April 29th, please visit: http://www.slideshare.net/NVCA/nvca-4pillar-plan-to-restore-liquidity-in-the-us-venture-capital-industry-1360905

About National Venture Capital Association

The National Venture Capital Association (NVCA) represents approximately 460 venture capital firms in the United States. NVCA's mission is to foster greater understanding of the importance of venture capital to the U.S. economy and support entrepreneurial activity and innovation. According to a 2009 Global Insight study, venture-backed companies accounted for 12.1 million jobs and $2.9 trillion in revenue in the United States in 2008. The NVCA represents the public policy interests of the venture capital community, strives to maintain high professional standards, provides reliable industry data, sponsors professional development, and facilitates interaction among its members. For more information about the NVCA, please visit www.nvca.org

Contact: Emily Mendell NVCA 215-520-8713 emendell@nvca.org Channa Brooks Middleberg Communications for NVCA 202-641-6959 cbrooks@middlebergcommunications.com