#b#Crosstown Moves#/b#

Strich Law Firm PC, 4525 Route 27, Monmouth Junction 08852; 609-924-2900; fax, 609-454-3066. Gabrielle L. Strich, attorney, mediator. www.strichlaw.com.

Attorney Gabrielle Strich moved from 4105 Route 1 to 4525 Route 27 in Monmouth Junction in February. Her civil practice includes family law, elder law, employment/labor, estate, and business law. She also does mediation and arbitration.

Creative Employee Benefit Services Inc., 34 Scotch Road, Building B, West Trenton 08628; 609-883-6778; fax, 609-883-6645. Janet Krawtschenko, president.

Creative Employee Benefit Services has moved from 340 Scotch Road to 34 Scotch Road in West Trenton. The company helps provide retirement benefit plans for businesses.

Eagle Systems USA, 505 Lawrence Square Boulevard South, Lawrenceville 08648; 609-586-7155; fax, 609-584-8277. Mike Filipek, president. www.eaglesystems.com.

Eagle Systems USA, a custom software design and systems engineering company, has relocated. The business moved from 100 Youngs Road to 505 Lawrence Square Boulevard South.

United Business Media, American Metro Center, Hamilton 08619; www.ubm.com.

United Business Media has moved its offices from Carnegie Center to American Metro Center in Hamilton. The British company provides business to business news and marketing services through online and print publications, and trade shows.

Insmed Inc., 9 Deer Park Drive, Princeton Corporate Plaza IV, Suite 9-C, Monmouth Junction 08852-1923; 732-438-9434; fax, 732-438-9435. Tim Whitten, CEO. www.insmed.com.

Insmed, a biopharmaceutical company, has moved from 11 to 9 Deer Park Drive. The company develops inhaled pharmaceuticals for the site-specific treatment of serious lung infections.

Environmental Resources Management Inc., 200 Princeton South Corporate Center, Suite 160, Ewing 08618; 609-895-0050; fax, 609-895-0111. William M. Hanna III PE, branch manager. www.erm.com.

Environmental Resource Management has moved to the Princeton South Office Center in Ewing from its former offices at 250 Phillips Boulevard, also in Ewing.

The company is a provider of environmental, health, safety, risk, and social consulting services. It has more than 140 offices in 40 countries and employs some 4,000 people. Locally, the company has 45 employees.

Premiere Remodel and Design, 100 Youngs Road, Suite 8, Hamilton 08619; 609-838-9388; fax, 866-822-3504. Shannon O’Brien, owner. www.premierremodels.com.

Premier Remodel & Design has moved from University Plaza to a new showroom on Youngs Road. The company, founded in 2003, provides interior and exterior remodeling services.


RCP Management Company, 10 Centre Drive, Monroe 08831; 609-683-7980; fax, 609-683-5495. Richard J. Fry & Mary Faith Nugiel, principals. www.rcpmanagement.com.

RCP Management Company has merged with RPM Management Company of Hazlet.

RPM is a manager of residential and commercial properties throughout New Jersey. Owner Peter Berkley will join RCP as a vice president.

RPM’s Hazlet office has been designated at RCP’s east regional office, becoming the company’s third regional office. The other is in Elmwood Park.

“I am extremely proud to join forces with RPM Management,” said Mary Faith Nugiel, RCP president. “Their reputation and services have always been exceptional. RCP Management Company will be even more accessible to our clients now that we have three regions located throughout New Jersey.”

Originally based in Princeton, RCP relocated to its headquarters in Monroe in 2011. RCP Management Company has been managing community associations since 1986 and apartment complexes and commercial properties since 1975. The company has 70 professionals on staff. It manages more than 90 communities totaling more than 20,000 homes.

Rockwood Holdings (ROC), 100 Overlook Center, Princeton 08540; 609-514-0300; fax, 609-514-8720. Seifi Ghasemi, chairman and CEO. www.rocksp.com.

Rockwood Holdings, based in Overlook Center on Route 1, will invest $140 million to build a 20,000-metric-ton lithium carbonate production plant in Chile, the company has announced. The investment is being made concurrent with the company’s $75 million lithium carbonate expansion program in the United States.

#b#Leaving Town#/b#

Gem Capital LLC, 101 Interchange Plaza, Cranbury www.gem-capital.com.

Gem Capital has vacated its office in Interchange Plaza in Cranbury. The private equity investment company’s phone and fax number have been disconnected, and its website is also down.

Hunt Construction Group Inc., 1095 Cranbury South River Road, Jamesburg; 609-655-6100. www.huntconstructiongroup.com.

Following the completion of all projects in the area, Hunt Construction Group has moved out of its Jamesburg office on Cranbury South River Road.

The Arizona-based company works on large commercial projects, including the Mets’ Citi Field in New York. Calls to the former local number are now forwarded to Hunt’s office in Indianapolis.

Exantage, 103 College Road East, Princeton.

Exantage, a provider of technology outsourcing services, has closed its location at 103 College Road East. Lalit Baksi, director of the Princeton operation, says the central location in New York City is still in operation.

Saransh Inc., 666 Plainsboro Road, Suite 1185, Plainsboro.www.saranshtech.com.

Saransh Inc, an IT services and consulting firm, has closed its Plainsboro office. The company continues to maintain an office in Edison.

Hexagon Labs Inc., 7 Deer Park Drive. www.hexagonlabs.com.

The office at 7 Deer Park Drive formerly occupied by Hexagon Labs appears to have been vacated. The phone number has been disconnected. No further information is available about the company, which has its corporate headquarters in Hyderabad, India.

#b#Stock News#/b#

CytoSorbents Inc., 7 Deer Park Drive, Suite K, Monmouth Junction 08852; 732-329-8885; fax, 732-329-8650. Phil Chan, CEO. www.cytosorbents.com.

CytoSorbents of Deer Park Drive has signed a purchase agreement for the sale of up to $8.5 million of its common stock to Lincoln Park Capital Fund, of Chicago.

CytoSorbents, a therapeutic device company that uses blood purification to treat life-threatening illnesses, says the proceeds from the sale will be used to fund commercialization of CytoSorb — its flagship product — in Europe, conduct additional clinical trials, expand research and development, and for general working capital.

The agreement is the company’s second with Lincoln. In 2010 CytoSorbents entered a pact with Lincoln Park that raised some $3.7 million over an extended period of time.

“As with the prior agreement, we determine when and if to sell stock to Lincoln Park Capital at a fixed price, allowing us to determine the best timing and pricing,” said Cytosorbents CEO Phillip Chan. “This is part of a multi-prong strategy to seek financing that includes equity on the most favorable terms and potential non-dilutive funding that will enable us to continue to move forward aggressively with our commercialization plans for CytoSorb.”

CytoSorb — extracorporeal cytokine filter — won European regulatory approval in 2011 and can now be sold throughout the European Union under the CE Mark to be used in cases where cytokines are elevated.

The goal of CytoSorb is to modulate the immune system by removing excessive cytokines, often called “cytokine storm” in critically-ill patients that can lead to deadly inflammation, multiple organ failure, and often death.

The product is currently for sale in Germany for the treatment of critical care illnesses under a controlled market release. A broad product launch in Germany is planned for the first half of 2012, as well as availability in other EU countries.


Linda S. Freed, 60, on March 11. She was former director of educational staffing for International Schools Services of West Windsor.

Samuel Bahadurian, 89, on March 8. He was the longtime proprietor of Princeton-based E. Bahadurian & Son oriental rug business started by his father.

Lanny L. Hoffman, 77, on March 6. Hoffman was a former employee of Princeton University and retired from J.M. Huber Corp. He was also a member of the Blawenburg Band.

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