Contact: Jack Meehan
  Director of Sales & Marketing  
  Doral Arrowwood  
  Anderson Hill Road  
  Rye Brook, NY 10573  
  Phone: (914) 935-6622  
  Fax: (914) 323-5500  
  E-mail: jmeehan@doralarrowwood.com  

FOR IMMEDIATE RELEASE

Doral Arrowwood Announces Opening of the Pfizer Learning Center and Hotel Expansion

Rye Brook, NY, September 15, 2000: Doral Arrowwood Conference Resort recently announced the opening of the Pfizer Learning Center, a 110,000 square foot facility that will host Pfizer's international sales, management and executive training programs and will accommodate more than 600 people at any given time. Construction on 100 new guest rooms has also been completed and will accommodate the increased lodging demand from Pfizer's 15-year lease for the new conference complex. The new guest rooms are equipped with high-speed internet access (T-1 lines) as well as 2 phone lines and work stations.

The purpose-built Pfizer Learning Center contains 79,000 sq. ft. of dedicated conference and food and beverage space, which includes 3 auditoriums, 34 meeting rooms, a media production center, resource library and a restaurant with a full-service kitchen. The meeting rooms have built -in plasma screens, rear projection systems, video cameras and playback systems and high-speed network access. The Center is home to an extensive Interactive Distance Learning program, in which courses are broadcasted from the Learning Center directly to regional training centers or an employee's office or home. The additional 32,000 sq. ft. will be devoted to administrative and support staff office space.

At the ribbon cutting for the opening of the Learning Center, Doral Arrowwood's General Manager, Joe Crimmins stated, "We are very excited to be opening the Learning Center with our partners at Pfizer. The spirit of teamwork and mutual respect that has been reflected at every level of our two organizations over the last three years has formed a tremendous foundation for a long term relationship between our two companies."

The construction of the Learning Center and the 100 new guest rooms resulted in the employment of over 200 full-time workers and 115 area companies over a period of two years. Doral Arrowwood has hired over 110 new employees in order to staff the Pfizer facility and hotel expansion. An estimated 10,000 Pfizer participants and staff from all over the world will come to Westchester County to utilize the training center every year.

Located in Westchester County on 144 acres, Doral Arrowwood is a 374-room conference resort which is nationally recognized for offering state-of-the-art meeting facilities, a full range of audio/visual equipment including web and video conferencing and award-winning professional meeting planners, conference services staff and on-site technicians. Other amenities include an extensive fitness facility, four distinctive restaurants, luxurious private catering facilities and a Robert Von-Hagge-designed golf course. For further information about the new Pfizer Learning Center or Doral Arrowwood, please call 914/935-5500. Doral Arrowwood can be found on the Internet at: www.doralarrowwood.com.