TiE-SoCal Adds Three New Keynotes, Including: Founder of PayPal, to TiECON Southwest 2006 "Innovation Meets Globalization"

Max Levchin, Founder of PayPal, Ajay Shah of Shah Capital Partners, and Jim Armstrong of Clearstone Venture Partners Join the Growing List of Influential Entrepreneurs and Industry Leaders to Discuss the Melding of Technology and Globalization In Businesses

ORANGE COUNTY, CA -- (MARKET WIRE) -- October 24, 2006 -- TiECON SoCal Chapter announces newly added presenters for TiECON Southwest 2006, held in Orange County, CA on November 3rd and 4th. TiECON has added three keynote speakers to the list of widely acclaimed business leaders presenting at this year's conference. Keynote speakers already confirmed include: Tim Draper, Sabeer Bhatia and Blair Westlake.

"We are very excited to have secured these additional presenters for 2006," said Nilesh Shah, Chairman of TiECON Southwest 2006. "They will be an additional asset to the already ample roster of keynote speakers at this year's conference, providing attendees a wealth of information and thought-provoking ideas."

New speakers include: Max Levchin, co-founder of PayPal and Chairman/CEO of Slide, which delivers content directly to a consumer's desktop in a digital Slideshow format, making it much simpler for people to consume information online. At PayPal, Levchin was instrumental in combating fraud and identity theft. Levchin stayed with PayPal as CTO from 1999 until the first public offering when the company was purchased by eBay for $1.5 billion.

Ajay Shah is a managing partner and co-founder for a leading mid marketing technology private equity fund, Shah Capital Partners, which currently manages $300 million in committed funds. Shah also serves as Chairman of Smart Modular Technologies, which he co-founded in 1989, and is on the board of numerous technology organizations. Previously, he was the President and CEO of the Technology Solutions Business of Solectron Corporation. Smart Modular Technologies was acquired by Solectron for $2.2 billion.

Jim Armstrong is Managing Director of Clearstone Venture Partners. Armstrong is an early stage investor of consumer technology companies and has established himself as a leading investor and company builder. He focuses on security, information management, and online businesses. Armstrong was recognized in 2004, 2005, and 2006 as one of the top 100 Venture Capitalists by Forbes Magazine in the annual Midas List.

Other speakers include: Dr. Mani Bhaumik, Co-Inventor of Laser Eye Surgery; Mr. Kavi Virk, Vice President of HSBC; Mike Young, Emmy Award Winning Animation Producer; and many, many more.

Topics and Panels

TiECON Southwest will have a variety of panel discussions, including Media and Entertainment, Animation, Web 2.0, Alternative Energy, Next Wave in Global Sourcing, Online Media Content, Doing Business in India, and Emerging Technologies. There will also be a panel on the topic Investment in India--Venture Equity, Infrastructure and Real Estate. The conference will also include several round table discussions, networking meetings and an exhibitor's market.

Both evenings of the event will close with a networking hour. The closing night of TiECON Southwest will also host a first-ever Closing Ceremonies Banquet. Breakfast and lunch will be provided both days.

TiECON Southwest 2006 will take place Friday and Saturday, November 3 and 4, at The Hyatt Regency Orange County Hotel, 11999 Harbor Blvd., Garden Grove, CA. Interested attendees can register online, or get more information by visiting: www.tieconsouthwest.org. Final day for all registration is November 1.

TiE is an organization that is open to anyone interested in entrepreneurship. TiE focuses on educating, empowering, and connecting aspiring entrepreneurs, as well as, CEOs, executives, consultants and investors. TiECON brings together the talent, ideas, enterprise and people who are shaping the future of our business world.

Register Today

To attend TiECON Southwest 2006, register today at http://www.tieconsouthwest.org. Please see website for additional details or call (818) 246-0456. Special discount is available for students.

About TiE

TiE is a global, not-for-profit organization with 44 chapters in ten countries and a membership base in excess of 10,000. TiE fosters entrepreneurship through mentoring, networking and education. At the heart of TiE is its strong ecosystem -- which has enabled members to facilitate and create a cohesive network of strong viable and sustainable chapters worldwide. The TiE brand is synonymous with entrepreneurship and wealth creation globally.

Contact Information: Media Contact: Kathleen Schneider TERPIN COMMUNICATIONS (310) 821-6100 x111 Kathleen@terpin.com