I am Waiting for H1B approval ? Do i get any problems if I apply for B1 now

Can I apply B1 visa while my H1b visa application is in process? Are there any effect while attending H1B visa interview incase If my B1 visa rejects? I have applied H1B petition on Jun8,2012 so it may take time to get final approval

YOU CAN APPLY, NO EFFECT ON H1B IF B1 IS REJECTED.