Law Expansion

Legal Maneuver

Sensors’ Sale Price

New in Town

Name Changes

Deaths

Corrections or additions?

These articles were prepared for the October 25, 2000 edition of

U.S. 1 Newspaper. All rights

reserved.

InnovationGarden.org

Governor Christie Whitman will launch the Innovation

Garden State’s web page on Friday, October 27

(www.innovationgarden.org).

The Innovation Garden State campaign is sponsored by Prosperity New

Jersey, a public-private partnership aimed at bringing technology

companies and workers to the state.

"Innovationgarden.org was designed as a resource for members of

the technology community," says Stephen R. Sasala, president and

CEO of Prosperity New Jersey, noting that companies in and outside

of New Jersey can exchange information, build partnerships, and access

the resources to grow their businesses in the state.

Press releases on technology companies and a stock ticker devoted

to the state’s technology companies are provided by TechSourceNJ.com,

part of the New Jersey Technology Council. Other features include

databases for venture capital opportunities, technology jobs, and

requests for proposals, both private and public. Pages of the website

that offer customized information include one on relocation services

and an "ask the tech expert" page.

Supporting the Innovation Garden State initiative is the Edison

Partnership,

a task force of business, academic, and government leaders that aims

to retain, expand, and attract high technology businesses and enhance

the image of New Jersey as a global high technology center. Co-chairs

are Princeton University’s president Harold Shapiro; Caren Franzini,

head of the New Jersey Economic Development Authority; and Thomas

M. Uhlman, president of the New Ventures Group at Lucent Technologies.

Among the 12 members are James Carnes, CEO of the Sarnoff Corporation;

Maxine Ballen, president of the New Jersey Technology Council; and

Stephen A. Karnas of PricewaterhouseCoopers LLP.

Top Of Page
Law Expansion

Duane, Morris & Heckscher LLP, 116 Village

Boulevard,

Suite 200, Princeton 08540. Elaine Jacoby, managing partner.

609-734-4324;

fax, 609-734-4387. Home page: www.duanemorris.com.

The Philadelphia-based law firm has signed a five-year lease on an

8,600 square foot space at 100 College Road West, developed and owned

by Patrinely LLC. After the move the firm will have 13 attorneys plus

support staff.

Sab Russo of CB Richard Ellis in Iselin represented the tenants in

the $1.2 million deal, and Peter Hamburger and Jon Meisel of Cushman

& Wakefield represented the landlord. Novo Nordisk is the anchor

tenant

for the new 150,000 foot Patrinely building.

Top Of Page
Legal Maneuver

NeoStrata Company Inc., 4 Research Way, Princeton

08540. Richard H. Wildnauer, president. 609-520-0715; fax,

609-520-0849.

Www.NeoStrata.com.

TriStrata Technology Inc., a subsidiary of NeoStrata Company Inc.,

has settled its patent infringement case against Chanel Inc. Chanel

joins the list of 18 companies (including Bristol-Myers Squibb and

Avon) that are licensing aspects of TTI’s alpha hydroxyacids for the

reduction of skin wrinkles and the alleviation of the signs of

dermatological

aging.

Litigation is pending against five other companies, including Clarins

Inc. and L’Oreal. Kevin M. McGovern and Brian T. Foley, attorneys

from Connecticut, represented Tristrata in the litigation.

Top Of Page
Sensors’ Sale Price

Sensors Unlimited Inc., 3490 Route 1, Building

12, Princeton 08540. Gregory H. Olsen, CEO. 609-520-0610; fax,

609-520-0638.

Home page: www.sensorsinc.com.

On Wednesday, October 18, Finisar Corporation completed its $700

million

purchase of the optical components company founded by Greg Olsen.

Employees and other shareholders in Sensors Unlimited received 19.3

million shares of Finisar stock, which trades on Nasdaq as FNSR, which

was worth $35 per share.

Olsen will serve as executive vice president of Finisar and will head

the current facility at Princeton Service Center. Finisar is based

in Sunnyvale CA (www.finisar.com) and is a leading provider of gigabit

fiber optic solutions for high speed data communications.

Top Of Page
New in Town

MarketCounsel, 120 Wall Street, Princeton 08540.

Brian S. Hamburger JD, managing director. 609-688-8877; fax,

609-924-0649.

Www.marketcounsel.com.

Brian S. Hamburger left Stark & Stark to open his own firm at Research

Park; he does regulatory and compliance consulting for middle market

investment management firms.

A 1990 graduate of Quinnipiac College in Hamden, Connecticut, he went

to the University of Miami School of Law. Most of his clients are

national, and have from $10 million to $300 million under management.

He acts as their compliance officer on a contract basis rather than

at an hourly rate.

Top Of Page
Name Changes

Saul Ewing LLP, 214 Carnegie Center, Suite 202,

Princeton 08540. Pamela Goodwin Esq., managing partner. 609-452-3100;

fax, 609-452-3122. (www.saul.com).

The Philadelphia-based law firm, Saul, Ewing, Remick & Saul LLP, has

changed its name to Saul Ewing LLP. Simultaneously, it announces a

website redesign. The website, launched in 1996, was one of the first

for a law firm.

With 229 attorneys overall and nine in Princeton, it also has offices

in Wilmington, Baltimore, Harrisburg, and Berwyn.

Top Of Page
Deaths

Lois A. Lowe, 71, on October 15. She was retired from

David Sarnoff Research Laboratories.

Frank J. Boccanfuso, 71, on October 17. He had been a

Princeton Township lieutenant detective and owned Princeton Taxi

Service.

David Landau, 86, on October 23. In 1955 he founded

Landau’s

clothing store, now located at 102 Nassau Street.

Melanie A. Slivinski, 45, on October 23. She worked for

IBM and for Robertshaw Communications in Princeton.


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