#b#New in Town#/b#

Damco Solutions Inc., 2 Research Way, Princeton 08540; 609-498-6941; Mike Bonaventura, assistant vice president — sales. www.damcogroup.com.

Damco Solutions, an India-based IT outsourcing company, has opened an office on Research Way in Princeton.

Taaneh, 304 Wall Street, Princeton; 08540; 609-815-5441; Andrew S. Janoff PhD, CEO. www.taaneh.com.

Taaneh, a company that is using diamond particles to create anti-counterfeiting systems, has opened an office on Wall Street in Princeton. The company was founded by Andrew S. Janoff, a researcher who also founded Celator Pharmaceuticals, which is based in the Princeton South Corporate Center.

Taaneh’s product is aimed at combating counterfeiting in the pharmaceutical industry, which by some estimates causes $431 billion in losses to drug companies. Janoff’s invention is a fully inert diamond particle that can be safely used in drug products. Every individual diamond lattice is unique and emits unique spectral signatures when exposed to light, so Taaneh says they can be used as unique identifiers.

#b#Crosstown Moves#/b#

August eTech LLC, 3525 Quakerbridge Road, Suite 5500, Hamilton 08619; 877-317-1077; fax, 866-478-0785. Janice Mahlmann, CEO. www.augustetech.com.

August eTech, an IT consulting company, has moved from Hamilton Square to Ibis Plaza so it could have room to expand. The 10-person company was founded in 2001 by Janice Mahlmann, making it one of the rare woman-owned IT businesses in the area.

Mahlmann said the company manages and repairs servers and desktop computers and also provides remote service for small to medium-sized companies. “We create a boutique selection of services rather than maintaining a one-size-fits-all menu of services,” she said.

Clearwater Investment Management, 4390 Route 1, Suite 207, Princeton; 08540; 917-696-7131; Ronald O. Granberg, financial advisor.

Clearwater Investment Management has moved from an office on Plainsboro Road to Route 1 North. The company was founded by Ronald O. Granberg, a certified financial advisor who formerly worked for NYL Investment Management and Old Mutual US Life Insurance.

Lee Medical, Vreeland Drive, Unit 8, Skillman 08558; 609-285-2153; fax, 609-285-2154, www.leemedicalnj.com.

Lee Medical, distributor of the LEE-LOK bone marrow needles and the Bone Shark disposable bone mill, have moved from Plainsboro Road to Vreeland Drive. The company was founded in 1987 and in 2013 merged with Bone Shark to sell both products. A bone mill is used during surgeries that require bone graft material.

#b#Leaving Town#/b#

Insmed Inc., 9 Deer Park Drive, Princeton Corporate Plaza.

Insmed Therapeutics has relocated to Bridgewater, where it has built a new headquarters and lab. The company researches therapies for infectious lung diseases.


Jeanne Marie Boegemann, 54, on April 2. A graduate of Mercer County Community College, earning associate’s in science degrees in chemistry, biology, and nursing, she worked as a registered nurse for the Princeton Medical Group.

William V. Sheehy Jr., 93, on April 5. A 1946 graduate of Rider College, he was employed with New York Life Insurance Company from 1946 until 1981, when he and his son, William V. Sheehy III, founded Sheehy Associates, a wealth management and financial services firm on Quakerbridge Road. A service will be held at Ann’s Choice Chapel in Warminster, PA, on Sunday, April 19, at 10:30 a.m.

Peter J. Mladineo, 47, of Lawrenceville on April 9. An alumnus of Hampshire College and Rutgers, with an MBA from Rider, he worked as a staff writer for U.S. 1 in the mid 1990s before moving to Lithuania and working for Reuters. He later served as an editor at the Kodiak Daily Mirror in Kodiak, Alaska.

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