Corrections or additions?
These articles were prepared for the January 7, 2004 issue of U.S.
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Life in the Fast Lane
After more than 30 years of serving drinks and food in a convivial
atmosphere, the Rusty Scupper has left port, headed for uncharted
waters. The 50-person staff had less than two days notice of the
shut-down on Saturday, January 3. No decision has been made about what
will be done with the building, whether it will continue as a
restaurant or be used for another purpose.
“The property is not for sale,” says Toby Laughlin, a realtor who is a
part owner. “I am talking to various people, but it is at a
preliminary stage, and I’m open to everything right now.”
Laughlin declined to be specific about why the national restaurant
chain did not renew its lease. “As in any sort of landlord/tenant
situation, you renegotiate rents from time to time, and it was a
matter of not getting together on that.”
The parent company, Select Restaurant Inc. in Cleveland, Ohio, says it
is looking for a new location in Princeton. It owns the liquor license
and has told Princeton Township that the license will go on inactive
status until it is placed at another location or sold.
Like many restaurants in the area, the Scupper seemed to have lost
some business after 9/11. But the owners had been moving aggressively,
with marketing efforts that included a billboard on Route 1, and a new
chef had recently been installed. The Scupper’s second floor was a
gathering place for many professional clubs and singles groups. Last
fall General Wesley Clark’s New Jersey campaign hosted a fundraiser
there.
Laughlin says he regrets the restaurant’s closing: “Over the years
we’ve had a great relationship with the Rusty Scupper.” The 10,000
square foot property was built in 1972 for the Rusty Scupper chain by
Laughlin’s father and another partner. Although Princeton University
owns a small part of the parking lot, and New Jersey Transit has a
right of way through the property, the major part of the land and all
of the buildings is owned half by the Laughlin family, and half by
another family.
A graduate of the Hun School and Colorado College, Class of 1972,
Laughlin has a business, Laughlin Real Estate, on Tamarack Circle in
Skillman and focuses on commercial and residential property management
and development. Formerly he had been developing apartments, but now
he concentrates on telecommunications towers. He sold his first firm,
Princeton Towers Pennsylvania, which had 50 towers, and currently owns
about 20 towers.
Maybe the Scupper’s problem was that it was neither “here nor there,”
neither downtown Princeton, where it could attract foot traffic, or on
Route 1, where it would get more visibility.
Top Of PageVoxware Cleans House
Even though 10-year-old Voxware has had success in landing financing,
getting contracts, and increasing revenues, the company’s CEO,
Bathsheba J. Malsheen, is leaving and the CFO, Nicholas Narlin,
resigned last month.
Founded by Michael Goldstein in 1993, Voxware’s current business is
integrated voice-based solutions for distribution and logistics
operations. While the stock sometimes dipped below $1 in its early
years, it has been trading below 20 cents for the past two years. Yet
its revenues doubled from $4 million to $8 million last year. One of
the two biggest investors in the company is Lenox Drive-based Edison
Venture Fund.
The new CEO is Thomas J. Drury, a venture capitalist who has had great
success with Sensar Inc., the Moorestown-based biometrics company that
spun off from Sarnoff Corporation. An alumnus of St. Peter’s College,
he was CEO in 1998 during Sensar’s strong growth period, and has also
been CEO of Micro Dynamics, a document imaging software firm, and Urix
Corp., a voice processing equipment and software company. Drury’s most
recent venture capital firm, BaseCamp 1, is not an investor in
Voxware, says a Voxware spokesperson.
In December 2003 the Voxware landed a $2 million loan from Silicon
Valley Bank to pay off debt and make investments in sales, marketing,
and customer service programs. The loan is secured by the two biggest
stockholders, Edison Venture Fund V and Cross Atlantic Technology Fund
II.
Counting on the company to be profitable in Western Europe, Edison and
the other venture capitalists had led a $5.6 million round of private
financing in June, 2003. Sure enough, on January 5, Voxware announced
that its VoiceLogistics warehouse system is going to be used by a top
global retailer, the French firm Intermarche. Other contracts have
been signed with CooperVision, 7-Eleven, and US Food Service.
Voxware’s controller, Allen M. Adler, has been filling in as interim
CFO since Narlis resigned last month. The stock traded at $.037 on
December 31, 2002, and at $.13 on December 31, 2003.
Voxware Inc. (VOXW.OB), 168 Franklin Corner Road,Suite3, Lawrenceville 08648. 609-514-4100; fax, 609-514-4101. Home page:www.voxware.comTop Of PageDotPhoto FundingGlenn Paul’s web-based digital photo processing company, Dotphoto.com,landed $4 million in venture capital funding on New Year’s Day.Lenox-Drive based Edison Venture Fund led the round with $3 million,and Sycamore Ventures, on Vaughn Drive, chipped in $1 million. Thecompany is privately held.Dotphoto.com, 800 Silvia Street, American Enterprise atEwing, Ewing 08628. Glenn Paul, founder. 609-434-0340; fax,609-434-0344. Home page: www.dotphoto.comTop Of PageStock RoundupThe bulls are on the run, and Princeton-area companies are right instep. Nearly all of our publicly-traded companies posted gains in2003. The good news covered young biotechs, some of which were up 300percent and more, as well as vulnerable oldsters like Church & Dwight.Powered by newly redesigned kitty litter, among other well-receivedproducts, it moved ahead a solid 30 percent. Banks did well, as didpublishers. Results were mixed for technology companies, but many,like Universal Display Corporation and ITXC Corp., moved solidlyahead.Perhaps better yet, in their most recent filings with the Securitiesand Exchange Commission (SEC), even companies that are still laggingreported that orders are up. After a bruising recession, few companiesare euphoric, but most are at least cautiously optimistic.Church & Dwight Co. Inc. (CHD), 469 North HarrisonStreet, CN 5297, Princeton 08543-5297. Robert A. Davies III, chairmanand CEO. 609-683-5900; fax, 609-497-7177. Home page: www.armhammer.comStock price on December 31, 2002: $30.43Stock price on December 31, 2003: $39.60Reporting positive results for its most recent quarter on November 3,2003, the baking powder power said it had posted a 10 percent increaseover the prior period. The company’s liquid laundry products areflying off the shelves, offsetting poorer sales of dry laundryproducts. Other earnings spikes came as a result of the introductionof new cat litter and carpet deodorized products, while cleaner saleswere dampened by a safety recall of an item from the company’s Sno Boltoilet bowl cleaner line.Congoleum Corporation (CGM), 3500 QuakerbridgeRoad, Box3127, Mercerville 08619. Roger Marcus, president, CEO. 609-584-3000;fax, 609-584-3685. Home page: www.congoleum.comDecember 31, 2002: $.42December 31, 2003: $.68On the last day of the year, the floor covering maker filed aprepackaged bankruptcy plan, saying that it had garnered neededsupport from asbestos claimants. The markets reacted favorably,sending the company’s stock over $1.Congoleum said it plans to seek quick confirmation of the plan, filedin U.S. Bankruptcy Court in Trenton to resolve claims related to itsuse of asbestos decades ago in flooring products.According to a Reuters report, when the reorganization plan isconfirmed, Congoleum will contribute certain insurance rights and anote for about $2.7 million to a trust for asbestos personal injuryclaimants. The plan also calls for Congoleum’s other creditors to bepaid in full and for shareholders to retain their stake in thecompany.The Trenton-based company said it expected to record a $3.7 millionfourth-quarter charge to boost its reserve for estimated costsrequired to complete its reorganization.The company began soliciting final approval for the Chapter 11reorganization plan in October.The vinyl floor maker has 694 employees at two facilities in Trentonand 442 at factories in Pennsylvania and Maryland.Covance Inc. (CVD), 206 Carnegie Center, Princeton08540-6681. Chris Kuebler, chairman and CEO. 609-452-8550; fax,609-452-9375. Home page:www.covance.comDecember 31, 2002: $24.59December 31, 2003: $26.80Covance’s third quarter earnings jumped 24 percent over earnings inthe same quarter one year ago.In filing the results with the SEC, Chris Kuebler, chairman and CEO,said that “ongoing productivity improvements drove increasedprofitability and earnings.” Results were especially strong in thedrug discovery company’s Early Development unit, which postedoperating margins of 22 percent, top line growth of 11.6 percent, andstrong new order flow.The drug development service company has operations in 17 countriesand 6,900 employees worldwide. It is pulling in an increasing numberof large, multi-capability projects, as net orders have increased fortwo quarters in a row. It sees market dynamics on the upswing.Cytogen Corporation (CYTO), 650 College Road East,Suite3100, Princeton 08543-5308. Michael Becker, president and CEO.609-750-8200; fax, 609-452-2476. Home page: www.cytogen.comDecember 31, 2002: $3.25December 31, 2003: $10.88Cytogen, a product-driven, oncology-focused biopharmaceutical,reported a steep increase in revenue for third quarter 2003, to $5.51million from $3.10 million in the year-ago period. While the companyis still losing money, it is doing so at only half the rate of oneyear ago, and reports sufficient cash on hand to take it through atleast 2005.The year saw the reacquisition of marketing rights to key productQuadrament, and a marketing realignment whereby the company will sellNMP22 PladderChek in the U.S. exclusively to oncologists afterDecember 31, 2003. The company’s strategy is to devote sales andmarketing resources to products with significantly higher grossmargins.Also on a positive note, Cytogen is “cautiously optimistic” thatencouraging clinical data will lead to approval of Combidex, a novellymph node imaging agent developed by Advanced Magnetics, which itintends to market pending clearance by the U.S. FDA.Dataram Corp. (DRAM), 186 Princeton-HightstownRoad,Windsor Business Park, Building 2-A, Box 7528, Princeton 08543-7528.Robert V. Tarantino, CEO. 609-799-0071; fax, 609-936-1369. Home page:www.dataram.comDecember 31, 2002: $3.09December 31, 2003: $4.20Dataram, in the computer memory business, saw an increase in orders inits second quarter, ended October 31, 2003. Robert V. Tarantino, thecompany’s chairman and CEO, in releasing the results, commented that”We are encouraged by recent improvements in our level of business.Our order rate improved in the second quarter, particularly in thelatter part of the quarter.”Margins were up, too, as prices of certain DRAMs increased.The company sees improvement in demand, “albeit sporadic,” goingforward in the new year.Derma Sciences Inc. (DSCIOB), 214 Carnegie Center,Suite100, Princeton 08540. Edward J. Quilty, CEO. 609-514-4744; fax,609-514-0502. Home page: www.dermasciences.comDecember 31, 2002: $.75December 31, 2003: $.40Derma Sciences, a manufacturer and full line supplier of wound andskin care products, reported a net sales increase of 33 percent forits third quarter, ended September 30, 2003. Sales of $4.2 millioncompared with sales of $3.2 million in third quarter 2002.Net loss for the quarter was $.01 per basic and diluted common share.Edward J. Quilty, president and CEO, commented, “We continue to makemeasured progress quarter over quarter, but realize there is stillconsiderable work to be accomplished to drive profitability to a levelconsistent with our potential.” He added that new contracts and thelaunch of new products “position us well to achieve our goals” in thenew year.Exide Technologies (EXDTQ), 210 Carnegie Center,Princeton 08540. Craig Muhlhauser, president and COO. 609-627-7200;Home page: www.exideworld.comDecember 31, 2002, $.275December 31, 2003, $.025Exide tried to reorganize by filing for Chapter 11 bankruptcy but theU.S. Bankruptcy Court for the District of Delaware nixed the company’sproposal. The court said the company put too low a value on itsholdings. A report on the company’s negotiations with its creditors isdue on January 22.With operations in 89 countries and net sales last year ofapproximately $2.4 billion, Exide Technologies is one of the worldslargest producers and recyclers of lead-acid batteries. It has twomajor groups, industrial energy and transportation.Integra LifeSciences Holdings Corporation (IART),311Enterprise Drive, Plainsboro 08536. Stuart M. Essig, president/CEO.609-936-3600; fax, 609-936-2263. Home page: www.integra-ls.comDecember 31, 2002: $17.65December 31, 2003: $28.66Integra, which develops, manufactures, and markets medical devices foruse primarily in neuro-trauma and neurosurgery, plastic, andreconstructive surgery, had a good year. In line with its strategy ofgrowing through acquisitions, it acquired the assets of TissueTechnologies in August; it acquired J. Jamner Surgical Instruments inMarch; and it acquired the epilepsy monitoring and neurosurgical shuntbusiness of the Radionics division of Tyco Healthcare Group inDecember 2002.The company posted a 56 percent increase in revenue for third quarter2003 as compared with the year ago period. In its SEC filing, Integrastated that it expects “future growth will be driven by our expandedproduct lines, domestic and international sales and marketingorganizations, and distribution channels.”The company is also seeking to grow its bottom line going forwardthrough still more acquisitions in areas that complement existingproducts and operations.ITXC Corp. (ITXC), 750 College Road East, Princeton08540. Tom Evslin, chairman and CEO. 609-750-3333; fax, 609-419-1511.Home page: www.itxc.comDecember 31, 2002, $2.32December 31, 2003, $4.31Six years after Tom Evslin founded this Internet telephony company, heannounced it would be sold to a Montreal-based firm, Teleglobe, atraditional telco that has just emerged from Chapter 11 bankruptcy.The sale, expected to take place this year, will help update theCanadian company, a former division of Bell Canada that trades on theNew York Stock Exchange as TGO. Meanwhile the web-based voice businesswill continue to operate from ITXC’s current headquarters on CollegeRoad. Evslin has said he wants to retire.ITXC has carried nearly 10 billion minutes of voice service to carriercustomers around the world. In the fourth quarter of 2003 it hit theone billion minute mark.Interpool (IPX), 211 College Road East, Princeton08540.Martin Tuchman, chairman and CEO. 609-452-8900; fax, 609-452-8211.Home page: www.interpool.comShareholders of Interpool are still waiting for audited statements for2000 through 2002, but on January 15 they will get their usualquarterly dividend of $.0625 cents per share, worth $1.7 million.After the Arthur Andersen accounting scandals, Interpool fired itsaccounting team, and then the chief financial officer and presidentresigned when an outside law firm discovered irregularities thatcaused the reporting delays. Interpool says that when it reveals thechanges, they will be minimal, but the Securities and ExchangeCommission has begun an investigation. Reports for 2000, 2001 and 2002show that the cargo container leasing business remains profitable,Chairman Martin Tuchman assumed the president’s duties and said thatthe report showed the former president, Raoul Witteveen, authorizingtransactions that would have improperly increased earnings, but thatthe financial statements did not contain any misstatement as a resultof these transactions.James F. Walsh will officially be Interpool’s new chief financialofficer on April 1, and until then he is working at the company inother capacities. Richard Gross is interim chief financial officer.With 100 workers at the College Road headquarters, Interpool is theworld’s largest lessor of intermodal container chassis and aworld-leading lessor of cargo containers used in international trade.Johnson & Johnson (JNJ), 1 Johnson & Johnson Plaza,NewBrunswick 08933. William C. Weldon, chairman & CEO. 732-524-0400; fax,732-214-0332. Home page: www.jnj.comDecember 31, 2002: $53.71December 31, 2003: $51.66The financial press is beginning to label pharma giant J&J a bargain.Results are robust, but, like many pharmaceuticals, its stock pricehas been lagging.For the nine months ended September 30, 2003, the company racked upoverall sales of $30.6 billion, up 13.8 percent from the year agoperiod. Domestic sales, at $18.5 billion, were up 10.9 percent.Increases came in across the board, in both consumer andpharmaceutical divisions.A lawsuit by medical technology company Conmed claiming anti-trustpractices hurt J&J’s stock price as the fourth quarter drew to an end.Conmed claims that J&J has used unfair tactics to corner 60 percent ofthe $1 billion market for endoscopy surgical devices used in minimallyinvasive surgery.Another concern for investors: Questions over the safety of thecompany’s Cypher stents used in angioplasty procedures.Medarex Inc. (MEDX), 707 State Road, Princeton08540.Donald L. Drakeman, CEO. 609-430-2880; fax, 609-430-2850. Home page:www.medarex.comDecember 31, 2002, $3.95December 31, 2003, $6.23Medarex and its licensees have 16 fully-human antibodies that areeither being used in human clinical trials or are in the applicationsstage. All of these antibodies have been derived from Medarex’sUltiMAb mouse.The most recent antibody, from Genmab, is for the treatment ofnon-Hodgkin’s lymphoma. Medarex has five of the antibody therapeuticsunder development by Medarex for diseases that include melanoma,prostate cancer, breast cancer, HIV, Hodgkin’s lymphoma, andanaplastic large cell lymphoma as well as autoimmune diseases. Otherlicensees, including Centocor/J&J and Novartis, are developing fullyhuman antibodies for diseases such as cancer, lymphoma, rheumatoidarthritis, and other autoimmune diseases.Pharmacopeia Inc. (PCOP), 3000 Eastpark Boulevard,CN5350, Princeton 08543-5350. Joseph A. Mollica, CEO. 609-452-3600; fax,609-452-3672. Home page: www.pcop.comDecember 31, 2002, $8.92December 31, 2003, $14.23Pharmacopeia will restructure itself and split its software operationsfrom its drug discovery division. The software accounted for $95million of $125 million in sales in 2002.The drug discovery business will stay on Eastpark Boulevard, as willCEO Joseph Mollica and 170 employees. It does proprietary smallmolecule combinatorial and medicinal chemistry, high-throughputscreening, in-vitro pharmacology, computational methods andinformatics to discover and optimize lead compounds.Its software subsidiary, Accelrys, which has 530 employees in SanDiego, develops and commercializes molecular modeling and simulationsoftware for the life sciences and materials research markets,cheminformatics and decision support systems, and bioinformaticstools, including gene sequence analysis.Tyco International Ltd. (TYC), 9 and 7 Roszel Road,Princeton 08540. Edward Breen, CEO. 609-720-0024. Home page:www.tyco.comDecember 31, 2002, $17.08December 31, 2003, $26.50Operating in more than 100 countries, Tyco is officially based inBermuda but has moved its United States headquarters to Roszel Road.Tyco’s chief financial officer, David FitzPatrick, has said he wantsto halve the company’s debt to about $10-$12 billion and then use cashto make acquisitions.The former chairman, Dennis Kozlowski, is being tried on charges thathe and former CFO Mark Swartz wrongfully took $600 million from thefirm.Having spent $60 billion to acquire hundreds of companies, Tyco is theworld’s leading provider of electronic security services, fireprotection services, passive electronic components, and industrialvalves and controls. It also has undersea fiber optic networks andservices, medical products, and plastics and adhesives. Revenues fromcontinuing operations in 2003 were about $37 billion.Xechem Inc./Xechem International Inc. (XKEM), 100JerseyAvenue, Building B, Suite 310, New Brunswick 08901-3279. Ramesh C.Pandey, CEO. 732-247-3300; fax, 732-247-4090. Www.xechem.comDecember 31, 2002, $.0008December 31, 2003, $.155Xechem International Inc. has bought a privately held biotech company,Ceptor Inc., for $6 million in stock. Xechem assumed $300,000 in debt.The Brooklyn-based Ceptor will be a wholly-owned subsidiary of Xechem.Its lead product inhibits the primary protease that degrades skeletalmuscle and might be used to treat muscular dystrophy. A clinical trialfor muscular dystrophy could begin this year.Xechem International, Inc. is a fully integrated biopharmaceuticalcompany focusing on proprietary technologies for orphan diseases.Top Of PageMore Stock NewsAmersham Health (AHM), 101 Carnegie Center, Princeton08540. Daniel L. Peters, president. 609-514-6000; fax, 609-514-6572.Home page: www.amershamhealth.comDecember 31, 2002, $44.40December 31, 2003, $68.28Headquarters of R&D, manufacturing, and marketing firm operating inthe western hemisphere, with a specialty in medical diagnostics andradiotherapy products, formerly Nycomed Amersham.Guest Supply Inc. (GSY), 4301 Route 1 South, PrincetonExecutive Center, Box 902, Monmouth Junction 08852-0920. CliffordStanley, president, CEO. 609-514-9696; fax, 609-514-2692.December 31, 2002: $14.28December 31, 2003: $18.47Design, marketing, and manufacturing for hotel amenities and cleaningsupplies.Journal Register Co. (JRC), 50 West State Street, 12thFloor, Trenton 08608-1298. Robert M. Jelenic, chairman, president andCEO. 609-396-2200; fax, 609-396-2292. Home page:www.journalregister.comDecember 31, 2002, $17.78December 31, 2003, $20.70Newspaper publishing, owner of the Trentonian, New Haven Register, and22 other daily and 204 non-daily publications.NexMed (USA) Inc. (NEXM), 350 Corporate Boulevard,Robbinsville 08691. Joseph Mo, chairman, CEO, and president.609-208-9688; fax, 609-208-1868. Home page: www.nexmed.comDecember 31, 2002, $.71December 31, 2003, $3.99Development of NexACT transdermal drug delivery technology – Alprox-TDand Femprox creams for ED and female sexual arousal disorder,respectivelyOpinion Research Corporation (OPI), 600 College Road,Fourth Floor, Box 183, Princeton 08542-0183. John Short, CEO.908-281-5100; fax, 908-281-5103. Home page: www.opinionresearch.comDecember 31, 2002, $5.60December 31, 2003, $6.37A global measurement-based marketing services firm with fact-basedmarket intelligence, with 200 people in the United States.Palatin Technologies Inc. (PTN), 4C Cedar Brook Drive,Cedar Brook Corporate Center, Cranbury 08512. Carl Spana PhD,president & CEO. 609-495-2200; fax, 609-495-2201. Home page:www.palatin.comDecember 31, 2002, $1.98December 31, 2003, $2.50Products for sexual dysfunction and appendicitis detection, alsoproduct to facilitate ultrasound testing.RCN Corporation (RCNC), 105 Carnegie Center, Princeton08540. David C. McCourt, chairman and CEO. 609-734-3700; fax,609-734-4586. Home page: www.rcn.comDecember 31, 2002, $.53December 31, 2003, $.68A national single-sourced facilities-based competitive provider ofbundled phone, cable television, and high-speed Internet servicesSenesco Technologies Inc. (SNT), 303 George Street, Suite420, New Brunswick 08901. Bruce C. Galton, CEO. 732-296-8400; fax,732-296-9292. Home page: www.senesco.comDecember 31, 2002, $2.10December 31, 2003, $3.31Agrobiotechnology – developing gene technology to extend theshelf-life of produce, regulating the onset of cell deathWave Systems Corp. (WAVX), 101 Morgan Lane, Third Floor,Plainsboro 08536. Kenneth Hoeg, vice president applicationsengineering. 609-750-1600; fax, 609-750-1480. Home page:www.wavesys.comDecember 31, 2002, $1.33December 31, 2003, $1.64Developer of chip called the WaveMeter that monitors computer,software, and/or information service usage through encryption andmetering technology.WorldWater Corp. (WWAT), 55 Route 31 South, PenningtonBusiness Park Building B, Pennington 08534. Quentin T. Kelly, CEO.609-818-0700; fax, 609-818-0720. Home page: www.worldwater.comDecember 31, 2002, $.16December 31, 2003, $.135Principal supplier of renewable energy and remote water supply foremerging nations – water management and solar energy company,designing, developing and marketing proprietary technologyhead @14 = Crosstown MovesUniglobe All Around Travel, 11 Princeton Avenue, Hopewell08525. Kristine Toth, owner/manager. 609-466-2700; fax, 609-466-5681.Www.uniglobeallaroundtravel.comUniglobe All Around Travel has moved from 2 Mercer Street in Hopewellto 11 Princeton Avenue in Hopewell. Owner Kristine Toth says the newquarters are more cost efficient. She also reports that her retailclients are heading “anywhere warm” during the upcoming holidays.Business is brisk, and many prime resorts are completely sold out.Cruises are especially popular.Meanwhile, business travel at her 32-year-old agency, which she hasowned for five years is way up. “It’s doubled since January,” shesays.Avery Schlueter, 222 Commons Way, Princeton 08540.Cynthia A. Avery, president. 609-921-9111; fax, 609-921-0095.Cynthia Avery and Edward Schlueter have moved their recruiting firm tofrom the first floor to the second floor in order to have more privacyat Montgomery Commons. Focusing on packaging and food processingmachinery, and pharmaceutical processing industries, they searchnationally for senior sales and marketing positions, generalmanagement, and presidents.Schlueter graduated with a chemistry major from Hunter, College in1964 and has a master’s degree in management from at BrooklynPolytech. He had worked at InterChemical, Tidland Corporation, and BigThree Industries (a Houston-based conglomerate), and moved toPrinceton in 1989. His wife, Avery, had been a biochemistry major atWheaton College in Massachusetts and had worked for American Cyanamidand Celanese before going into the recruiting business 25 years ago.She and her husband opened their business in 1978.Top Of PageDeathsTomako Nakayama, 66, on December 26. She had been a staff advisor atGE/RCALawrence C. Ellery Jr., 63, on December 28. He was a self-employedprofessional quality engineer.Marcos A. Carrasquillo Rabelo, 63, on December 30. He worked at theNassau Inn.Raymond A. Hartmann Sr., 59, on January 1. He was a telecommunicationsanalyst at New Jersey Manufacturers Insurance Company.Nicholas A. Mastoris, 87, on January 3. He and his wife foundedMastoris Diner Restaurant in Bordentown.Next StoryCorrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.
