Buy Outs

Crosstown Moves


Leaving Town

Name Changes


Corrections or additions?

This article by Barbara Fox was prepared for the February 12, 2003 edition of U.S. 1 Newspaper. All rights reserved.


Aereon Solutions, 116 Village Boulevard, Suite

201, Princeton Forrestal Village, Princeton 08540. Nigel Gardner,

COO and CFO. 609-524-4030; fax, 609-524-4031. Home page:

This company works on wireless devices and optimizing service processes

and has expanded from four to 10 people. It is concentrating on the

HVAC (heating, ventilation, and air conditioning) market, mobile application

productivity solutions for technicians and engineers on the road.

"Given market conditions," says Arshad Massood, company founder,

"we are confident that 2003 or 2004 will be very profitable."

Africa World Press Inc., 541 West Ingham Avenue,

Trenton 08638. Kassahun Checole, publisher/president. 609-695-3200;

fax, 609-695-6466. Home page:

A publisher of books specializing in African and African American

issues has expanded with a move from 3,500 feet at Princess Road to

6,000 feet at West Ingham Avenue in Trenton. "We divided our publishing

space from our distribution, says Kassahun Checole, president,"so

we have more space for publishing." The distribution warehouse moved

to Alianza, 5514 Emily Road, Levittown PA 19057. The editorial department

employs 12 people who publish 120 new books annually, sold by catalog

and at 32 exhibitions around the world.

A native of Eritrea, he immigrated to the United States in 1971 and

earned his bachelor’s degree from State University of New York at

Binghamton. The 55-year-old had been teaching sociology and African

studies at Rutgers when he decided to open the business (U.S. 1, May

24, 1994).

Amtech Business Systems, 2667 Nottingham Way, Mercerville

08619. Maria Valente, president. 609-689-9919; fax, 609-689-9929.

Home page:

Maria Valente expanded her business from Manhattan with a move to

Nottingham way. She has a total of 10 employees who do networking,

service, and computer repair.

Top Of Page
Buy Outs

Merritt, a division of Bollinger, 437 Wall Street,

Princeton 08540. A. Theodore Merritt, president. 609-497-1205; fax,

609-921-7864. Home page:

The Alfred H. Merritt Agency has been purchased by Bollinger Inc.

and is now known a division of Bollinger. Last fall it moved from

5 Washington Street in Rocky Hill to 437 Wall Street in Research Park.

Now there are three Bollinger agencies in Research Park, including

Barbara Spalding’s group at 437 Wall Street (888-452-2200; fax, 609-497-1274,

and Princeton Risk Managers Inc., at 435 Wall Street (609-924-9222;

fax, 609-924-8155). At the latter, H. James Griffith brokers commercial

and automobile insurance and is a Lloyds of London correspondent.

Envirogen (ENVG), 4100 Quakerbridge Road, Princeton

Research Center, Lawrenceville 08648. Robert S. Hillas, CEO. 609-936-9300;

fax, 609-936-9221. Home page:

Shaw Environmental & Infrastructure Inc. is expected to pay $3.6

million for Envirogen, a biotech that does toxic and hazardous waste

cleanup, bioremediation research, and on-site removal of organic contaminants.

The 60-person Quakerbridge Road headquarters is expected to stay open,

and the company has an additional 70 workers in Illinois, Wisconsin,

and Michigan.

Robert S. Hillas, the CEO, had been a partner in the venture capital

firm of DSV Management and had also worked at Warburg, Pincus as an

analyst of environmental technology. Shaw Environmental and Infrastructure

also has offices at 200 Horizon Center Drive.

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Crosstown Moves

Studio E Imaging, 243 North Union Street, Suite

C 4, Lambertville 08530. Dan Engongoro, owner. 609-773-0404; fax,

609-773-0458. E-mail: Home page:

Dan Engongoro moved his commercial photography studio from Research

Park and also changed the name from Studio E Photography. He had been

QLM’s photographer and photo manager until he set up a joint venture

with QLM to take outside contracts.

Working in large formats (4 x 5 and 8 x 10), he does still lifes,

products, food, and people, and specialize in lightpainting —

using fiber optics to paint the set with light. "I live in Titusville

and there is more of an art community in Lambertville, versus being

in a business park," he says. "I have national accounts and

the clients don’t need to come to shoots because I can E-mail a Jpeg

for approvals or upload the shoot to an FTP site, then send a CD-ROM."

Law Office of Cheryl Toto Beal Esq., 2662 Nottingham

Way, Hamilton 08619. 609-586-2100; fax, 609-586-7245.

Cheryl Beal moved her law office last year from Pennington to Nottingham

Way. She went Amherst College, Class of 1983, Rutgers Newark law school,

and focuses on real estate, matrimonial, and wills and estates.

Care Capital LLC, 47 Hulfish Street, Suite 310,

Princeton 08540. Jan Leschly, chairman/CEO. 609-683-8300; fax, 609-683-5787.

Home page:

The life-sciences venture capital firm moved from 100 Overlook to

downtown Princeton at the end of November. Phone and fax are new.

Creative Benefits Plans Inc. (CBPlans), 101 Interchange

Plaza, Suite 105, Cranbury 08512. Thomas Richman, manager. 609-409-1300;

fax, 609-655-2887. Home page:

The three-person benefit planning company moved from 8 South River

Road last fall. It offers benefit plans for small to medium-sized


Grewal Inc., 2123 Route 33, Lexington Square Commons,

Hamilton Square 08690. Karpal S. Grewal, president & general manager.

609-588-5557; fax, 609-588-5614.

Last month Karpal Grewal moved his administrative office from 2117

Route 33 to an office two buildings down. The company owns gas stations.

The Hermes Group LLP, 1 Palmer Square, Suite 330,

Princeton 08520. Mark I. Massad, senior partner. 609-924-7200; fax,

609-924-7250. Home page:

The accounting firm, the Hermes Group, has moved from 17 Hulfish,

Suite 280, to 1 Palmer Square. Founded in 1985, the firm was formerly

known as Kelly Massad.

Relearning by Design, 447 Forcina Hall, c/o College

of New Jersey, Box 7718, Ewing 08628-0718. Holly Houston, executive

director. 609-771-2921; fax, 609-637-5130. Home page:

The educational consulting firm moved from an office in Pennington

to a suite at the College of New Jersey. It offers conferences, in-service

workshops, and national seminars.

Signature Title Services, 217 Nassau Street, Princeton

08542. William A. Slover, president. 609-924-2100; fax, 609-497-4597.

Last year the title company moved from 82 Nassau to 217 Nassau, but

it did not change phone or fax.

S. R. Thomas Actuarial Associates Inc., 2277 Route

33, Golden Crest Corporate Center, Suite 409, Trenton 08619. Stephen

R. Thomas, president. 609-588-9166; fax, 609-588-9163.

After four years at 1 Nami Lane, this four-person actuarial office

moved to Golden Crest Corporate Center. Founded in 1997, it offers

consulting for pension plans.

Ronald Berlin, Architect, 360 Nassau Street, Second

Floor, Princeton 08540. 609-921-1800; fax, 609-921-8484.

When his lease at 211 Nassau Street expired last month, Ron Berlin

moved his general architecture practice to the second floor of 360

Nassau Street.

A.J. Perri Blue Dot Services, 1589 Reed Road, Pennington

08534. Ken Brink, general manager. 800-287-2164; fax, 609-737-1494.

The heating and cooling systems company moved to 1589 Reed Road. Corporate

offices are in Sunrise, Florida.

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P.B. Eaton and Associates, 10 North Main Street,

Pennington 08534. Peter B. Eaton, president. 609-737-8385; fax, 609-737-0654.

Peter B. Eaton, a member of the investment firm C.P Eaton & Associates,

has closed his office, and is now conducting business from his home,

says a spokesperson for the firm, which has its headquarters in Rowayton,


C.P. Eaton & Associates, founded in 1983, identifies and represents

investment firms. Over the past 10 years, the firm has launched into

the institutional marketplace seven emerging investment management

firms, representing seven different asset classes — both traditional

and alternative. In the aggregate, these firms manage some $50 billion.

According to its website (, the firm, in 1989, became

the first placement agent to successfully introduce a hedge fund to

the marketplace.

His biography on the website states that Peter B. Eaton, a decorated

Vietnam veteran and Wharton M.B.A., joined his brother, Charles P.

Eaton, in the firm in 1996. Prior to that time, he was a partner in

Hunter, Keith, Marshall & Eaton, and the founder of P.B. Eaton & Associates,

firms that specialized in the placement of private debt, sale-leaseback

investments, real estate syndication, and equipment leases.

Morgan Stanley, 100 Franklin Corner Road, Box 1573,

Lawrenceville 08648. Bob Reidy, branch manager. 609-844-7900; fax,

609-844-7950. Home page:

The Nassau Street office of the Morgan Stanley brokerage house has

closed, and calls are being taken by the Franklin Corner Road office,

where Bob Reidy is now the branch manager.

Travel World Travel Agency, 212 Carnegie Center,

Suite 206, Princeton 08540. Carol Argenti, owner. 609-799-8989; fax,


The travel agency moved from Ellsworth’s Center to Carnegie Executive

Center but did not change phone or fax. It offers corporate and leisure

travel, with an emphasis on meeting planning, incentive travel, and

business travelers.

SpanLogix Corporation, Box 3414, Princeton 08543.

Thomas D’Innocenzi, president, CEO. 609-613-9773. E-mail:

Home page:

The multimedia design company has moved from shared space with Regus

at 100 Overlook and has a new mailing address. It offers digital content

conversion and outsourcing — web design, CD-Rom presentations,

flash animations, print media, PDA content, and it has an offshore


Top Of Page
Leaving Town

SPT Electrical Supply, (Rexel Electrical and Datacom

Products), 1263 River Avenue, Route 9, Lakewood 08701. 732-905-9080;

fax, 732-905-8003. Home page:

Princeton’s wholesale electrical supply shop, known as Rexel STP,

closed at 811 State Road because of sky high rent, says Bob Ludwig,

a branch manager.

"Our lease expired and the landlord wanted Quakerbridge mall rates.

We can’t mark up 300 percent and then have a 50 percent sale —

we serve electricians, architects, engineers, and homeowners on a

wholesale basis," says Ludwig. "What makes us different from

Home Depot — you have a problem and your electrician would come

to us with the drawings and we would sell him the supplies. The people

in the Princeton area were reaping the rewards of getting our pricing."

The $26 billion company has its headquarters in Paris and its U.S.

headquarters in Dallas. "With all the mergers, soon there will

be only seven or eight big players," says Ludwig. He notes that

the company did not leave the area permanently. It is working with

Schultz Realty to find a new location, probably near Quakerbridge

Road, for a summer move-in. Meanwhile it will deliver to its Princeton


Fiserv-FIS (Field Information Services) (FISV),

4 Princess Road, Building 200, Suite 213, Lawrenceville 08648. 609-895-8900;

fax, 609-895-8910.

A data processing customer support center on Princess Road has closed.

Owned by a Brookfield, Wisconsin-based firm, it was formerly a division

of NCR Corporation.

GMAC Global Relocation Services, 212 Carnegie Center,

Suite 206, Princeton 08540. 609-514-2626; fax, 609-951-0386.

The residential relocation services offices of GMAC has moved from

the Carnegie Center to Warren, and calls are being taken by 908-542-5400.

InterCure Inc, 400 Kelvey Street, 12th Floor, Fort

Lee. 609-799-7599 or 877-988-9388. Paul Shiels, CEO. Home page:

InterCure has moved from its offices at 214 Carnegie Center to Fort

Lee, but the former phone number still works. Erez Gavish, the company’s

founder and CEO, says the move was made because Fort Lee is closer

to his home in Manhattan, and also closer to the homes of a number

of his employees. Another reason for the relocation, he says, is that

"there are great deals" in office rents right now. "There’s

lots of empty space."

Intercure, with 10 employees in the United States and the same number

in Israel, develops and markets interactive, device-guided breathing

therapies, designed, among other things, to lower blood pressure.

Gavish, just back from Korea, where he signed deals with pharmaceutical

companies on behalf of InterCure, says his business is growing and

a new website ( is to up and running within a week.

Vexcorp Video Exchange Professionals, 3371 Route

1 South, Lawrence Commons Suite 215, Lawrenceville 08648. Home


The Lawrence Commons office of Vexcorp has closed and has no telephone

listing. It was set up to provide digital video teleconferencing and

recruiting for medical, legal, and technical professionals.

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Name Changes

Barsky Homes LLC, 306 Alexander Street, Princeton

08540. Roman and Igor Barsky, principals. 609-924-7111; fax, 609-924-7199.

The Barsky brothers changed the name of their company from DRES Builders

LLC to better reflect their business — building single family

homes in Mercer County.

Alliance One, 3705 Quakerbridge Road, Suite 117,

Box 5818, Trenton 08638. 609-890-8383; fax, 609-584-7300.

Calls for Financial Outsourcing Services are now being taken by Alliance

One. Financial Outsourcing Services had been doing outsourcing for

East Coast Credit. Alliance One has the same phone, fax, and address

as the previous company.

Top Of Page

John Coulter Duncan, 47, on February 6. He was the son

of Stuart Duncan, drama reviewer for the Packet, and Nell "Petie"

Duncan, of N.T. Callaway Real Estate. A memorial service will be Saturday,

February 15, at 11 a.m. at Trinity Church, 33 Mercer Street.

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