Management Move

Expansions

Crosstown Moves

Down-Sizing

Name Changes

Contracts Awarded

Consolidation

Leaving Town

Deaths

Corrections or additions?

This article by Barbara Fox was prepared for the April 9, 2003 edition of U.S. 1 Newspaper. All rights reserved.

Life in the Fast Lane

Laurent Le Portz has replaced Pierre Lapalme as CEO

of EthyPharm North America and aims to transfer the headquarters of

this French firm to the United States. Lapalme had been general manager

of Rhone-Poulenc Rorer North America from before joining EthyPharm

in 1994, and he remains on the board.

Founded in 1977 and based now in St. Cloud, France, EthyPharm offers

drug delivery systems — both oral and by injection — to optimize

the delivery of active molecules into the body. It contributed technology

to a fast-dissolving form of Bristol-Myers Squibb’s Excedrin, but

it also works on prescription drugs. For instance, it is collaborating

with Johnson & Johnson on the next generation of protease inhibitors

for HIV-AIDS.

All in all, EthyPharm’s technology is used in more than 50 products

that are being sold in more than 70 countries to improve drug efficacy,

improve patient compliance and comfort, extend the life cycles of

existing pharmaceutical products, and reduce the total cost of treatment.

Le Portz, 36, has been with Ethypharm North America for two years

as COO and CFO. Born in Versailles, where his father worked in the

aircraft industry and his mother was a social worker, Le Portz is

an alumnus of Ecole Polytechnique and has a Harvard MBA. He worked

as a financial analyst with Goldman Sachs and with Apax Partners in

Paris and New York.

When Apax and Lazard Freres financed a biotech start-up, Mojave Therapeutics,

in Tarrytown, New York, he was Mojave’s CFO.

EthyPharm wants to become a U.S. company, as opposed to a European

company," says Le Portz, "so my first step is to grow the North

American headquarters." Right now, there are only three people

on Alexander Road and the research laboratories are in Montreal, because

it is easier to bring French scientists to Quebec than to the United

States.

To transfer the company to North America, two of the EthyPharm founders

have set up Biovail Corporation, which is now EthyPharm’s North American

partner. Biovail has acquired 15 percent of EthyPharm and the two

companies have a technology cross-license agreement. Biovail is paying

$61 million to EthyPharm to develop six products.

EthyPharm, 821 Alexander Road, Suite 130, Princeton

08540. Laurent Le Portz, CEO. 609-919-9773; fax, 609-919-9766. Home

page: www.ethypharm.com

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Management Move

Srdjan "Serge" Loncar left the BeMusic unit

of Bertelsmann AG to be director of business development at Songbird

Hearing. He is a graduate of the University of Belgrade and has an

MBA from New York University’s Stern School of Business. He has also

worked at Johnson & Johnson, CDNow.com, Gillette, and Pepsi. The company

manufactures disposable hearing aids with technology licensed from

Sarnoff Corporation.

Songbird Hearing Inc., 5 Cedar Brook Drive, Cedar

Brook Corporate Center, Cranbury 08512. Tom Gardner, president and

CEO. 609-409-4500; fax, 609-409-4510. Home page: www.songbirdhearing.com

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Expansions

FXO Inc., 501 Forrestal Road, Suite 210, Princeton

08540. Fran O’Connell, professional engineer. 609-799-6450; fax, 609-799-6451.

Home page: www.fxoinc.com

Two former Lockheed employees working in spacecraft moved from home

offices in January to laboratories on the Forrestal Campus. They provide

spacecraft reliability test equipment support.

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Crosstown Moves

AXA Advisors LLC (AXA), 214 Carnegie Center, Suite

110, Princeton 08540. Michael A. Cano, vice president. 609-514-4712;

fax, 609-514-4739. Home page: www.michael.cano.myaxa-advisors.com

The Franklin Corner Road office of AXA Advisors is moving to the Carnegie

Center. It offers asset management and financial and estate planning

to individuals and business through customized strategies.

Barnaba & Marconi LLP, 315 Lowell Avenue, Hamilton

Township 08619. Dennis M. Marconi Esq., partner. 609-584-1444; fax,

609-584-1555.

The civil trial attorneys moved from Whitehorse-Mercerville Road to

a Lowell Avenue address in Hamilton. The practice focuses on personal

injury, municipal court, and real estate, and it also has an office

in Cherry Hill.

Volkswagen of America Inc., 47 Station Road, Cranbury

08512. 609-395-2000; fax, 609-395-2030.

Volkswagen’s New Jersey parts distribution center has moved from 1

Commerce Drive to 47 Station Road, off Route 130 North.

Young Medical Communications Group Inc., 109 South

Main Street, Cranbury 08512. George R. Young, president. 609-371-5085;

fax, 609-371-5086.

This medical publisher moved from Route 130 in Dayton to South Main

Street in Cranbury. Among its journals are Nurse Practitioner World

News and American Journal for Nurse Practitioners.

vFinance Investments Inc., 116 Village Boulevard,

Suite 200, Princeton 08540. Dennis Tanner. 609-951-2225; fax, 609-951-2203.

Dennis Tanner moved his office from Research Park to Forrestal Village.

He is a full-service broker dealer offering portfolio management,

retirement plans, education funding, tax-free income, and other investment

advisory services.

Zatuchni & Associates LLC, 2 Research Way, Third

Floor East, Princeton 08540. David Zatuchni Esq. 609-243-0300; fax,

609-243-0333.

Three attorneys at this law firm moved from 205 Nassau Street to 2

Research Way. Their emphasis is on corporate and labor and employment

law.

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Down-Sizing

Adexis, a division of Cranel Inc., 8999 Gemini

Parkway, Columbus 43240. Leo Sheridan, regional manager. 614-431-8000.

Home page: www.cranel.com

Salespeople at the northeast regional sales office of Cranel have

moved to offices in their homes, and the 2,500 square foot space at

101 Interchange Plaza is being subleased. The privately-held systems

integration and computer backup storage systems company is based in

Ohio.

Dynalysis of Princeton, 18 Winfield Road, Princeton

08540. H. James Herring, president. 609-924-3911; fax, 609-924-8793.

Home page: www.dynalysis.com

Dynalysis has moved from Research Park. It works on ocean monitoring

systems — ocean circulation modeling and calculation of ocean

currents for future years.

Elan Pharmaceutical (ELAN), 1 Research Way, Princeton

Forrestal Center, Princeton 08540-6619. David Lundy, general manager.

609-580-3300; fax, 609-580-3291. Home page: www.elan.com

This company downsized last year from 130 to 50 people and it vacated

space on College Road on March 9. Founded as the Liposome Company

in 1981, it develops advanced liposomal drugs for the treatment of

cancer and infectious diseases.

Glen Roc Travel, 1 Bedford Drive, Trenton 08628.

Anthony V. Gambino, president. 609-883-1370; fax, 609-883-6275.

Anthony and Delores Gambino have moved their travel office at 194

Scotch Road to their home, where they will continue to serve their

current customers as they ease into retirement. They will focus on

cruises, tours, and packages, but will not regularly do airline or

Amtrak ticketing.

Guthrie & Company, 65 South Main Street, Building

A, Pennington 08534. John Guthrie, president. 609-818-0073; fax, 609-818-0074.

The brand evaluation consultant has moved from 714 South Clinton Avenue

to an office in Pennington. To his services he has added quantitative

advertising research in Europe, Asia, and the United States, and he

has five key partners in a star alliance that includes United Airlines.

"The partners are independent and work through me," says Guthrie.

Obik LLC, 4428 B Route 27 North, Box 288, Princeton

08542-0288. David Collins, founder and CEO. 888-887-6245; fax, 609-683-5228.

Home page: www.obik.com

Three divisions of Obik, a firm that customizes academic and career

planning solutions have been sold, says David Collins, founder and

CEO. "The original Obik career services for individuals are being

transitioned to a new non-profit, and this transaction will be completed

in the next 90 days," says Collins. "2002 proved an overchallenging

year, but many people in the core still care for the mission and we

await the change of venue."

The education division went to a group called Educational Guidance

Solutions; the organization group went to TAI, Inc.; and the marketing

intelligence division went to Carnegie Center-based SimStar Internet

Solutions.

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Name Changes

Aegis Lending, 2271 Route 33, Golden Crest Corporate

Center, Suite 105, Trenton 08690. Scott, branch manager. 800-457-6066;

fax, 800-457-8185.

Conseco, a financial services firm specializing in residential mortgages,

sold several of its branch offices, including this Lawrence location,

to Aegis. Scott Bernstein, branch manager, says Aegis deals in sub-prime

residential mortgages of up to $750,000. There are nine employees

in the office, and they have been busy in this low interest environment,

he says. Conseco had maintained an office at this address for six

years.

Alignment Advantage, 51 Everett Drive, Suite 103B,

Box 386, Princeton Junction 08550-0386. Anne Pauker, president. 609-799-5005;

fax, 609-799-8555. Home page: paukergroup.com

Formerly called the Pauker Group, then called Alignment Advantage,

this company has moved in with Cognetics, which now does business

alignment as well as user center design. "Business alignment is one

of the top concerns of CIOs. Rather than being ancillary it should

be integrated into the business, and IT now has the opportunity to

do it," says Anne Pauker

EADS Telecom, 993 Lenox Drive, Suite 200, Lawrenceville

08648. Jim Sapp, account manager. 609-844-7575; fax, 609-844-7637.

Home page: www.eadstelecom.com

Formerly called Intecom, the company is now EADS Telecom, North America.

Based in Dallas, it sells data-based telecommunications, call center

equipment, and services.

Emtech Inc., 817 Eastgate Drive, Mt. Laurel 08054.

John Howlett, CEO. 856-235-2121; fax, 856-235-1666. Home page:

www.emtecinc.com

Acentra, formerly known as Atlanticom Technologies, has been bought

by Emtech and has moved from 572 Whitehead Road to Mt. Laurel. Joe

Garofalo, former president of Atlanticom, is still with the firm.

Acentra offered work on computer systems, networking, document management

systems, telephone systems, and dictation systems.

TAC Worldwide Companies, 116 Village Boulevard,

Suite 200, Princeton Forrestal Village, Princeton 08540. Drew Preston,

branch manager. 609-734-4315; fax, 609-734-4317. Home page: www.tacworldwide.com

EDP Contract Services had been a division of TAC Worldwide. Now there

are no divisions with individual names. Based in Massachusetts, it

does contract service placement.

Washington Park Development, 14 Washington Road,

Building 6, Suite 621, Princeton Junction 08550. Briege Walker, property

manager. 609-799-8585; fax, 609-799-8804.

Formerly known as Princeton Junction Associates, the owners of the

offices at 14 Washington Road are now known as Washington Park Development.

Manhattan-based Cooper Square Realty is one of the owners. Briege

Walker, the manager of the 93,000 square feet of office space, has

a new suite and fax number, but the phone is the same.

Top Of Page
Contracts Awarded

ITXC Corp. (ITXC), 750 College Road East, Princeton

08540. Tom Evslin, chairman and CEO. 609-750-3333; fax, 609-419-1511.

Home page: www.itxc.com

On April 2, the fifth anniversary of starting network service, ITXC

announced it had delivered more that 6.5 billion minutes of voice

service to carrier customers around the world. It is carrying an additional

billion minutes of traffic approximately every 100 days over ITXC’s

global voice services network built over the Internet and spanning

over 175 countries. Overall ITXC carries nearly 20 percent of the

world’s international Voice Over IP minutes.

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Consolidation

Creative Direct @ Princeton Partners, 100 Village

Boulevard, Suite 200, Forrestal Village, Princeton 08540. Larry Trink,

president. 609-452-8500; fax, 609-452-7212. Home page: www.princetonpartners.com/direct

Larry Trink has moved his firm, Creative Direct, into the Forrestal

Village offices of Princeton Partners. Doing direct mail, E-mail,

advertising, lead generation, and customer relationship marketing,

his independent agency operates as the direct marketing arm of Princeton

Partners.

Keane Care Computer Systems, 36 Washington Road,

Princeton Junction 08550. 609-750-5260; fax, 609-750-5287.

Keane Care Computer Systems moved from 125 Village Boulevard to 36

Washington Road, Princeton Junction, in with the former CyLogix, which

is now also owned by Keane.

This part of Keane does sales, installation, and training for proprietary

software for nursing homes. The headquarters is in Boston at 617-241-9200.

Top Of Page
Leaving Town

B&R Industrial Automation Corp., 1325 North Meadow

Drive, Suite 130, Roswell GA 30076. Peter Mathe, sales manager. 609-395-9912.

Home page: www.br-automation.com

B&R closed its 7 Centre Drive office and calls are being taken at

its headquarters in Roswell, Georgia, though the New Jersey phone

numbers still work. The firm sells operator panels, PLCs, and industrial

computers.

Buckman Architecture Group, 725 Federal Avenue,

Kenilworth 07033. David W. Buckman. 908-241-3457; fax, 908-241-3459.

David W. Buckman moved his commercial architecture practice, formerly

called Silverstein Buckman Architects, from Georges Road in North

Brunswick to Kenilworth. Phone and fax are new.

Caregivers Maid in Heaven Inc., 289 Montgomery Avenue, Bala

Cynwyd 19004. 888-999-2644; fax, 609-730-1005. Home page: www.cmihinc.com

The placement service for nannies, housekeepers, and companions has

moved from 2 South Main Street in Pennington to Bala Cynwyd, Pennsylvania

and has a new phone and fax.

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Deaths

Angus L. McBryde Jr., 63, on March 23. He was a member

of the national executive staff of the Boy Scouts of America.

Theresa Vogt, 64, on March 27. She worked in real estate

for Century 21 and Weidel.

Winifred B. Evans, 74, on March 30. She was a teacher

at the Lawrenceville School. A memorial service is Saturday, April

12, at 11 a.m. at All Saints’ Episcopal Church, Princeton.

Elaine J. Halberstadt, 75, on March 31. She was the office

manager at Halberstadt Financial Consultants on North Tulane Street.

Loretta Fischer, 67, on April 1. She had worked at Kepner-Tregoe

off of Route 518.

Thomas A. Gilligo, 56, on April 2 due to automobile injuries.

An electrical engineer, he co-owned Kelter & Gilligo Consulting Engineering

at 14 Washington Road.

Deacon Joseph A. Glukowsky, 67, on April 2. He was quality

control manager at McLean Engineering Lab in Robbinsvill


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