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News Release

Consul General of the Czech Republic to Speak at Moravian - Oct. 1

Peter A. Rafaeli(Bethlehem, Pennsylvania) - Peter A. Rafaeli, the Consul General of the Czech Republic, will present a special lecture focusing on entrepreneurship on Monday, October 1, 2001, at 6:30 p.m. The lecture, sponsored by the Moravian College Accounting Club, the Business Club and the International Club, will be held in the United Brethren Church Room, located in the Haupert Union Building at Moravian College.

In January of 1984 Rafaeli acquired an interest in West German Sales Corp. of Fort Washington, Pennsylvania - an authorized Mercedes-Benz, Volvo and Mazda dealership. In 1988 he added the Oldsmobile franchise which he held until September of 1996. From the original minority stake he ultimately became sole owner with his daughter. While operating the dealership, which was finally sold in January 1997, he was the President and C. E.O. of the organization which grew from 35 employees in 1984, when he arrived, to a peak of over 130 employees. The sales growth went from 300+ units in 1983 to over 1200 units at its peak year. The sales volume of the business when sold was approaching the $50 million mark. The business was sold in 1997 thus providing Rafaeli with more time to perform volunteer work.

Currently Rafaeli operates his part-time Dealer/Manufacturer consulting business in addition to performing his consular duties and other non-profit organization support work. In addition to the consular work he serves on the following: Board of Directors of the Old York Road Symphony Society, Board of Directors of E. Montgomery County, PA Chapter of the American Red Cross, Executive Board of SVU (Czechoslovak Society of Arts and Sciences) and is a member/counselor of a local chapter of SCORE, an entrepreneurship promotion organization under the auspices of the U.S. Government's Small Business Administration.

Rafaeli was born in the former Czechoslovakia where he received his elementary and high school education. He graduated high school from Montgomery County, Maryland Evening High School. He attended John Hopkins University's Evening College in Baltimore, Maryland where he majored in Business Administration.