updated 1/25/2011 2:17:46 PM ET 2011-01-25T19:17:46

PALM BEACH, Fla., Jan. 25, 2011 (GLOBE NEWSWIRE) -- Last weekend, John Mattera, Chairman and CEO of The Mattera Reserve, Inc., accompanied by his wife Dr. Lan Mattera, attended the 20th annual Palm Beach Cavallino Classic at the Breakers Resort Hotel. The Classic is a six-day convention of automotive enthusiasts benefitting the American Council of the Blind and other distinguished charities.

John A. Mattera




A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8667

"The Cavallino Classic is a terrific way for automobile enthusiasts to give back to the community," said Mr. John A. Mattera. "I'm honored to have been a part of it and look forward to continued involvement with such a commendable event." 

An emerging philanthropic leader in the South Florida community, this was Mr. John Mattera's 9th year at the Cavallino Classic. His prior charitable endeavors include extensive work through his foundation, The Mattera Foundation, including support for the American Red Cross, UNICEF, the American Kidney Foundation, Toys for Tots, Palm Beach State College and Florida Atlantic University.

About John Mattera:

John Mattera is currently the Chairman and CEO of The Mattera Reserve, Inc. a Worldwide Private equity firm with investments in 23 countries. Together with The Mattera Reserve's partners, the company has backed many of the world's best entrepreneurial leaders. Mattera is also the Chairman of the Advisory Board for The Praetorian Group, a newly formed investment firm combining the disciplines of traditional private equity, venture capital, and related debt and lending strategies to provide business-building solutions to growing firms across nearly all industries.

About the Mattera Foundation:

The mission of The Mattera Foundation is to strengthen the community through bringing good people and good causes together to help ensure both the excellent stewardship of donor funds and the wise investment of grants in the communities that we serve. Our goals are to serve as a leader, catalyst, and resource for philanthropy. The Mattera Foundation aims to build and hold a permanent and growing endowment for the community's changing needs and opportunities. The Mattera Foundation strives for excellence in strategic grant making that benefits all citizens of our community in fields such as social services, education, health, the environment, and the arts. Find out more: www.thematterafoundation.com

The Mattera Reserve logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8219

CONTACT: Lisa Yigit
         E-mail: ly@thematterareserve.com

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