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University of Iowa News Release

April 4, 2006

John Pappajohn To Present At Hughes Lecture April 20 At UI

John Pappajohn will present at the John R. Hughes Lecture April 20 at the University of Iowa, sharing his experiences of becoming a successful entrepreneur, venture capitalist and philanthropist.

The lecture, sponsored by the UI John Pappajohn Entrepreneurial Center and Hills Bank & Trust Company, is named for the late John R. Hughes, former president of the bank, who was instrumental in helping the company grow throughout the Iowa City and Cedar Rapids area. The program will run from 6 p.m. to 7 p.m. in the Buchanan Auditorium (Room W10) of the John Pappajohn Business Building. A reception precedes the lecture at 5:15 p.m.

Pappajohn, born in Greece and raised in Mason City, Iowa, received his business degree from the UI in 1952. After completing his degree, Pappajohn started his own insurance business, which he sold in 1969 to become a fulltime venture capital investor and philanthropist. Currently president of Equity Dynamic Inc., a venture capital firm in Des Moines, Pappajohn has been involved in over 100 start-ups and has served as a director in over 40 public companies.

Pappajohn is a member of the UI Alumni Association and The President's Club and is a member of the boards of the UI Foundation and the Henry B. Tippie College of Business. He has contributed generously to the UI, helping to fund the John Pappajohn Business Building and the Pappajohn Pavilion and the John and Mary Pappajohn Clinical Cancer Center at University of Iowa Hospitals and Clinics.

Pappajohn has established Pappajohn Entrepreneurial Centers at five colleges and universities throughout Iowa, including the UI, and also has supported a variety of student scholarship initiatives. He and his wife also committed $2 million to help finance the new John and Mary Pappajohn Higher Education Center in Des Moines, a collaborative of seven universities and colleges in the state of Iowa.

The Hughes Lecture will also feature B.J. Do, co-founder and president of ABC Virtual Communications in Des Moines. Do, who earned a bachelor of science and master of science degrees in electrical and computer engineering from the UI, founded ABC Virtual in 1995, building the company as a leader in mortgage software products and web-based business consulting projects.

The lecture is free and open to the public, but attendees should RSVP to Amber Nienow via email or phone 319-335-0959 by April 17.

STORY SOURCE: University of Iowa News Service, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500

CONTACTS: Media: George McCrory, 319-384-0012,; Program: UI JPEC, 319-335-1022; Hills Bank & Trust Company, 319-248-0322