updated 8/31/2010 4:46:02 PM ET 2010-08-31T20:46:02

BOCA RATON, Fla., Aug. 31, 2010 (GLOBE NEWSWIRE) -- Focusing on Programs with highest level of need at Palm Beach State College, John Mattera made a sizable donation to be used for the Summer Youth College 2011.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7930

Welcomed by Dr. Bernadette M. Russell, John Mattera Pledged his financial support to the educational cause.

Donations seek out to both maintain and grow the depth and breadth of education the College provides its students. The role of the foundation is to seek out community partners--individuals and businesses--who understand the value and contributions a college of this scope and purpose provides. We then utilize those gifts by matching contributions with the College's most pressing needs. Provide scholarships for students.

  • Provide funding for new academic programs
  • Capital improvements for new and ongoing programs
  • Enhance the quality of education and student life at Palm Beach State College

"I am pleased with PBSC, their educational partners and programs." said John Mattera as he pledged his continuous financial support.

John Mattera is an Inventor, Financier and an International businessman who has a background in a wide variety of industries that he has had the privilege of working within. John Mattera is currently the Chairman and CEO of The Mattera Reserve, Inc. a Worldwide Private equity firm with investments in 23 countries.

About the Materra Reserve:

John Mattera founded The Mattera Reserve in Boca Raton, Florida.

Established in 2004, by John Mattera, The Mattera Reserve is one of the world's leading private investment firms. The Mattera Reserve is a firm that originates, structures and acts as lead equity investor in management-led buyouts, strategic equity investments, equity private placements, and growth capital financing.

For more information, visit  www.matterareserve.com .

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