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BOULDER COUNTY

BANKING & FINANCE DISTINCTIVE HOMES BUSINESS JOBS Act inspires local Park Gables neighborhood ‘crowd-funding incubator’ brings the outdoors inside 15A SECTION B Volume 31 Issue 9 | April 13-26, 2012 REPORT $1 JOBS bill touted as startups’ COURTESY AMLI RESIDENTIAL COURTESY ETKIN JOHNSON GROUP Construction work that consists of a range of residential and mixed-use projects is picking up throughout the Boul- der Valley. Architectural renderings of four of them are AMLI Arista II in Broomfield, top left; Broomfield Business on-ramp Center Apartments in Broomfield, top right; Alexan Gunbarrel Flats in Boulder, bottom left; and the Roosevelt Park mixed-use project in Longmont, bottom right. BY MICHAEL DAVIDSON [email protected]

BOULDER — The signing of the JOBS Act inspired a handful of the area’s top entrepreneurs to visit the White House early this month. Now, some of those same executives might be traveling to Wall Street for an ini- tial public offering a little sooner than previously expected.

THE JUMPSTART COURTESY TRAMMEL CROW RESIDENTIAL CO. COURTESY AND MAIN LLC Our Business Startups Act’s purpose is to make it Construction projects up easier for growing private companies to go public and to help startups raise throughout Boulder Valley money from new methods BY MICHAEL DAVIDSON provide renters the chance to live in a highly walkable such as crowd funding. [email protected] downtown. “There’s a demographic out there that really wants LONGMONT — A multifamily construction boom this type of apartment,” Burden Inc. chief real estate For entrepreneurs and investors, it is about to hit east Boulder County and Broomfield, investment officer Keith Burden said. Burden Inc. is means they might have new ways to with developers filing new plans with cities and con- part of the partnership behind the project. get their startups off the ground. struction crews getting to work. The Burdens have adjusted their plan for the project The Jumpstart Our Business Start- The wave of projects target a variety of demograph- to accommodate changing economic conditions. The ups Act was signed into law April ics, from young professionals to seniors. Roosevelt Park project originally was going to build 5 by President Barack Obama at a Longs Peak and Main LLC, a company led by Long- condos, “but that market doesn’t really exist anymore,” ceremony at the White House Rose mont developer Cotton Burden, has plans to build a Burden said. Garden. The JOBS Act’s purpose is four-story, 115-unit building at the corner of Main The project would cost about $20 million to build, to make it easier for growing private Street and Longs Peak Avenue in downtown Longmont. and the Burdens are seeking support from Longmont companies to go public and to help The building would have first-floor retail space and ➤ See Construction, 13A startups raise money from new meth- ➤ See JOBS, 10A CONTENTS Serving Boulder and Broomfield counties Banking & Finance Awards...... 22A For the Record...... 19A Visit bcbr.com for breaking news Loan activity picks up...... 15A Bank Notes...... 16A Nonprofit Network...... 22A BCBRdaily...... 2A On the Job...... 21A Business Digest...... 22A Product Update...... 23A Calendar...... 23A Publisher’s Notebook...... 26A Editorial...... 26A Real Estate...... 24A Eye...... 3A

LISTS Advertising, Marketing Newspapers...... 10A & PR firms...... 12A Wealth-Management Firms...... 17A 2A 2A2A

2A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com Spyder snares 4-year skiwear pact with 3M Editor’s note: The following is a wrap- winter sports industry — creating a beverage outlets, prayer space, a retail tively deliver the same great service, up of breaking local business stories tangible connection for snow enthu- concourse and a 2,000-seat confer- business values and financial stability published daily on the Boulder County siasts between their comfort on the ence hall. that metro businesses have Business Report’s website. Sign up slopes and the numerous and compel- Company offices worldwide will be trusted since 1963,” Kevin Quinn, for our free BCBRdaily, an all-local ling tech stories the 3M Thinsulate involved in the project, said Alan Ben- president and chief executive officer e-news report sent to your email each Insulation family of products has to jamin, president of Benjamin West. of Citywide Banks, said in a press weekday. Just click on “Register for offer.” “Our Boulder office will handle the statement. E-Newsletters” at www.BCBR.com. The agreement continues a rela- massive process of bidding, ordering, Citywide’s new location in Boulder tionship which began more than a expediting and project accounting will be its 14th branch. The bank is BY BUSINESS REPORT STAFF decade ago, 3M global business man- required to get some 10,000 different family-owned and operates through- [email protected] ager Jeff Gunia said. items specified, bid, manufactured out the metro Denver region. It has Posted March 28. and shipped. nearly $1 billion in assets. BOULDER — Spyder Active Posted March 29. Posted April 2. Sports Inc., a Boulder-based skiwear company, has entered into a four-year BCBR daily FDIC OKs bank acquisition Equity firm acquires Outlast manufacturing and marketing agree- BOULDER — Citywide Banks BOULDER — Outdoor fab- ment with 3M to develop and pro- BW lands Saudi hotel contract has received final regulatory approv- ric company Outlast Technologies mote gear with Thinsulate insulation. BOULDER — Boulder-based Ben- al to acquire the Advantage Bank LLC was acquired by Golden Equi- Spyder and 3M will collaborate on jamin West, which purchases fur- branch at 1611 Canyon Blvd. and will ty Investments in Golden, a private developing new garment technologies niture, fixtures, operating supplies open the new branch under the City- equity firm. for 2013 and beyond, a release from and equipment for hotels, has been wide Banks brand April 23, the bank Financial terms of the deal were Spyder said March 28. The companies selected to equip a 26-hotel project announced April 2. not disclosed, said Heather Manuel, also will coordinate marketing efforts under construction in Mecca, Saudi Denver-based Citywide Banks a spokeswoman for Boulder-based at on-snow events and through media Arabia. plans to keep all current employees Outlast. outlets such as Spyder’s website and The first five hotels — a 637-room of the Advantage Bank branch, said Outlast will remain in Boulder social media channels. Conrad, a 797-room Hilton Conven- Steve Ebner, vice president for mar- and keep its name. The company has “Spyder’s relationship with 3M tion Hotel, a 562-room Hilton Suites, keting. Bank employees already have converted its structure to a limited Thinsulate Insulation goes fath- a 744-room Hyatt Regency and a 455- started talking to existing customers liability corporation, or an LLC, to oms deeper than just employing room Marriott, totaling 3,195 rooms about the planned transition, he said. fit Golden Equity Investments’ struc- their insulation technologies in our — are expected to open in 2013. Terms of the deal were not dis- tural requirements, according to an products,”said Russ Rowan, Spyder The complex will surround the closed between Citywide and Love- Outlast press statement. vice president of sales and global mar- Grand Mosque, Islam’s holiest site, land-based Advantage. Outlast technology is used to make keting, in the press release. “We envi- and is believed to be the world’s larg- “While we’ve been doing business fabrics that are able to absorb, store sion a long-term relationship that est multi-hotel development. The with Boulder customers for a long and release heat. Fabrics can respond serves to really activate 3M and the project will feature 38 towers, includ- time, this new Boulder branch will to changes in a person’s skin tempera- products they represent within the ing residential components, food and enable Citywide Banks to more effec- ➤ See BCBRdaily, 27A 3A3A 3A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 3A Genband acquires Aztek in telecom deal BY MICHAEL DAVIDSON will be rebranded, and Aztek Net- [email protected] works’ office will evolve into what GENBAND, BASED IN FRISCO, TEXAS, primarily is a development center for has research and development, sales and support capa- BOULDER - Aztek Networks Genband, Bruny said. Inc., a Boulder-based manufacturer Senior management will remain bilities in more than 50 countries, according to the release of telecommunications equipment, with the company, and Bruny will has been acquired by Genband Inc. become Genband’s senior vice presi- announcing the acquisition. The privately held company is for an undisclosed amount, dent for business development. backed by several venture-capital firms. The acquisition closed April 3 and Genband is a global leader in the includes all of Aztek Networks’ assets IP network transformation industry, and portfolio. which includes the updating of old, largest telecom companies. company,” Bruny said. About 20 of Aztek Networks’ 23 legacy communications equipment “We’re excited that a product Genband, based in Frisco, Texas, local employees will remain in Boul- with modern Internet protocol tech- developed in Boulder County will has research and development, sales der, Aztek CEO Steven M. Bruny nology, Bruny said. Genband provides be sold all over the world. It’s a reach and support capabilities in more than said. The company and its products equipment for 80 of the world’s 100 we never could have made as a small ➤ See Genband, 7A Feld finds new funding niche: Wild things men’s rooms Center helps Foundry Group managing director Brad Feld’s bathroom buying contin- critters get ues. The venture capitalist has endowed another men’s room at the University back to nature of , this one in the Wolf Law building, the home of the Law School. BY ELIZABETH GOLD Feld also endowed a restroom at [email protected] CU’s Atlas building and the Dairy Arts Center in Boulder. LYONS — Spring brings more “I don’t really feel like writing a than tulips, green grass and confu- check for a building, because they’re sion about whether it’s going to be a too expensive, and the other stuff hot day or a cool one. they give you isn’t fun,” Feld joked at For nature it means the birth of the Boulder Denver New Tech Meet- baby animals. For Greenwood Wild- up, which hosted a brief ceremony life Rehabilitation Center in Lyons, announcing the donation. it means a full house. Each year, the nonprofit organi- zation cares for thousands of sick, injured and orphaned animals from BCBR eye hummingbirds to coyotes. The goal is to get them on their feet and back While endowing a men’s room into their natural habitats. inspires a steady stream of jokes, the Licensed for rehabilitating and donation itself is an expression of releasing, Greenwood sees more than gratitude for the work CU has done 130 different wildlife species annually to nurture the startup community, — mostly birds and small mammals. Feld said. “We have to release them within six It also turns a trip to the john months,” said Linda Tyler, Greenwood into a teachable moment. Outside executive director, adding that the the ATLAS men’s room is a plaque organization isn’t an animal sanctuary. reminding visitors to always be ready “Right now we have about 60 ani- for good ideas, even if they come at mals, and it can get up to 400 in June inconvenient times. and July,” she said, defining the busy season as March through October. As if we didn’t already get enough “Birds start coming in May through “Law and Order,” this Saturday attor- the summer, and squirrels have a neys will be tutored in the finer points second breeding in the fall.” of courtroom protocol. Birds are the most common spe- The nonprofitNational Institute cies coming into Greenwood, with a for Trial Advocacy in Boulder will be handful of marmots annually taking JONATHAN CASTNER taking 52 lawyers from all across the the prize for the most uncommon. Linda Tyler, executive director of Greenwood Wildlife Rehabilitation Center in country and firms of all sizes through “We’re not licensed for reptiles or Lyons, shows off an orphaned fox kit. The center must return animals to the its weeklong Building Trial Skills birds of prey,” Tyler said. wild within six months of their arrival. program. NITA’s mission is to train The rehabilitation process varies and mentor lawyers to be competent according to the species and whether they’re fed nuts, berries and any Since the organization works to and ethical advocates in the pursuit the animal is orphaned or injured. other foods they would find on the keep wildlife in the wild, it encour- of justice. Regardless, it always focuses on get- outside. “We hide the food in their ages people to call for advice before And thanks to the generosity ting the animals back home. cages so they can get used to foraging bringing an animal in, which is one of of Denver law firmWheeler Trigg Baby squirrels, for example, start and we try to emulate the process the reasons Greenwood’s address isn’t O’Donnell LLP, four public service with syringe-feedings and move on they’d go through if their mother published. The center wants to reunite attorneys will attend. WTO’D is to bottles and mash. Ultimately was around,” Tyler explained. ➤ See Wild, 9A ➤ See Eye, 27A 4A 4A4A

4A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com Covidien buys several medical-device makers

BY BETH POTTER HEADQUARTERED IN [email protected] Dublin, Ireland, Covidien BOULDER — Global medical company Covidien Plc is on a shop- reported revenue of $11.6 ping spree, announcing plans to billion in 2011. It has 41,000 acquire three medical-device mak- ers for a total of $754 million, most employees working in recently saying it will buy a patient breathing safety-device company in more than 65 countries. Israel for $346 million. Covidien (NYSE: COV) said April 5 that it would buy Oridi- which provide access to lesions in a on Systems Ltd. (Swiss Exchange: patient’s lung and lymph nodes. ORIDN) in Jerusalem. The company The superDimension transaction will be managed from Covidien’s is expected to close by the end of respiratory and monitoring solutions May. global business unit based in Boulder, Also in March, Covidien said it said Rhonda Luniak, a spokeswoman would buy the California ventilator

® for the Boulder division. company Newport Medical Instru- Rocky , REALTORS Luniak said it was too early to tell ments Inc. for about $108 million. It NUMBER ONE OFFICE FOR LONGMONT how the purchase might affect the was not immediately clear how the Boulder campus, since the transac- Newport Medical purchase might AREA COMMERCIAL REAL ESTATE NEEDS tion is expected to close in the next affect jobs or operations at the local 60 to 90 days. She said Covidien’s campus. Local representation for commercial sales goal would be to “integrate” Oridion Costa Mesa, California-based colleagues and operations into its Newport Medical designs and makes and leasing providing quick response time own. patient ventilators, which are sold in to service and show your properties. Oridion had $64.5 million in rev- the and in more than enue in 2011, according to a company 115 countries worldwide. press statement. It makes devices Locally, Covidien earlier which monitor carbon dioxide in a this year opened an $18 million, patient’s exhaled breath. Doctors 63,000-square-foot research and and nurses also can monitor respira- development facility at its Boulder tion rate, blood oxygen levels and campus, near Spine Road and the pulse rate from the devices. Diagonal Highway. In March, Covidien said it planned The company said at the time that Keith Bayne Don Mike to buy the Israel-based respirato- it expects to add about 125 new jobs Kanemoto Gibson, CCIM Rulle, CCIM McDonough ry system maker superDimension at the new facility during the next Ltd. for about $300 million. That five years. About 160 employees transaction will fall under Covidien’s work there now. Covidien employs a surgical-solutions global business total of 1,400 employees in Boulder. unit based in Boulder, said Marta Headquartered in Dublin, Ire- Newhart, a spokeswoman. land, Covidien reported revenue of SuperDimension makes devices $11.6 billion in 2011. It has 41,000 used in surgeries. The company is employees working in more than 65 Ken Ed John known for its iLogic System devices, countries. Kanemoto, CCIM Kanemoto, CCIM Marlin CORRECTIONS In the March 16 edition, the number of deeds issued on foreclosed properties in Boulder and Broomfield counties was incorrect. In February, 54 properties had been sold at the end of the foreclosure process.

Jerry Aaron Schlagel Grant • 9 Dedicated commercial brokers • Land Sales/Development • 4 CCIM members • Commercial Sales Volume 31 : Issue 9 • Available 7 days per week • Asset/Property Management April 13-26, 2012 • Tenant and Landlord • Market, Site and Financial Copyright 2012. BizWest Media LLC. Representation Analysis Reproduction or use of editorial or graphic content without written permission is prohibited. The Boulder County Business Report (USPS 018-522, ISSN 1528-6320) PRUDENTIAL ROCKY MOUNTAIN Is published biweekly, with an extra issue in December, by BizWest Media LLC, a Colorado corporation, 3180 Sterling Circle, Suite 201,Boulder Colorado, 80301-2338. REALTORS NAMED TOP 50 Periodical Postage Paid at Boulder, CO and at additional mailing offices. IN NATION Subscriptions are $49.97. International subscriptions are $180.00.

Independently owned and operated. POSTMASTER; Send change of address notices to: 275 S. Main St., Suite 109, Longmont, CO 80501 The Boulder County Business Report, P.O. Box 1399, Fort Collins, CO 80522. 303-772-2222 • www.prudentialrockymountain.com (303) 440-4950 Fax: (303) 440-8954 E-mail:[email protected] Web: www.BCBR.com 4A 4A4A

4A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com Covidien buys several medical-device makers

BY BETH POTTER HEADQUARTERED IN [email protected] Dublin, Ireland, Covidien BOULDER — Global medical company Covidien Plc is on a shop- reported revenue of $11.6 ping spree, announcing plans to billion in 2011. It has 41,000 acquire three medical-device mak- ers for a total of $754 million, most employees working in recently saying it will buy a patient breathing safety-device company in more than 65 countries. Israel for $346 million. Covidien (NYSE: COV) said April 5 that it would buy Oridi- which provide access to lesions in a on Systems Ltd. (Swiss Exchange: patient’s lung and lymph nodes. ORIDN) in Jerusalem. The company The superDimension transaction will be managed from Covidien’s is expected to close by the end of respiratory and monitoring solutions May. global business unit based in Boulder, Also in March, Covidien said it said Rhonda Luniak, a spokeswoman would buy the California ventilator

® for the Boulder division. company Newport Medical Instru- Rocky Mountain, REALTORS Luniak said it was too early to tell ments Inc. for about $108 million. It NUMBER ONE OFFICE FOR LONGMONT how the purchase might affect the was not immediately clear how the Boulder campus, since the transac- Newport Medical purchase might AREA COMMERCIAL REAL ESTATE NEEDS tion is expected to close in the next affect jobs or operations at the local 60 to 90 days. She said Covidien’s campus. Local representation for commercial sales goal would be to “integrate” Oridion Costa Mesa, California-based colleagues and operations into its Newport Medical designs and makes and leasing providing quick response time own. patient ventilators, which are sold in to service and show your properties. Oridion had $64.5 million in rev- the United States and in more than enue in 2011, according to a company 115 countries worldwide. press statement. It makes devices Locally, Covidien earlier which monitor carbon dioxide in a this year opened an $18 million, patient’s exhaled breath. Doctors 63,000-square-foot research and and nurses also can monitor respira- development facility at its Boulder tion rate, blood oxygen levels and campus, near Spine Road and the pulse rate from the devices. Diagonal Highway. In March, Covidien said it planned The company said at the time that Keith Bayne Don Mike to buy the Israel-based respirato- it expects to add about 125 new jobs Kanemoto Gibson, CCIM Rulle, CCIM McDonough ry system maker superDimension at the new facility during the next Ltd. for about $300 million. That five years. About 160 employees transaction will fall under Covidien’s work there now. Covidien employs a surgical-solutions global business total of 1,400 employees in Boulder. unit based in Boulder, said Marta Headquartered in Dublin, Ire- Newhart, a spokeswoman. land, Covidien reported revenue of SuperDimension makes devices $11.6 billion in 2011. It has 41,000 used in surgeries. The company is employees working in more than 65 Ken Ed John known for its iLogic System devices, countries. Kanemoto, CCIM Kanemoto, CCIM Marlin CORRECTIONS In the March 16 edition, the number of deeds issued on foreclosed properties in Boulder and Broomfield counties was incorrect. In February, 54 properties had been sold at the end of the foreclosure process.

Jerry Aaron Schlagel Grant • 9 Dedicated commercial brokers • Land Sales/Development • 4 CCIM members • Commercial Sales Volume 31 : Issue 9 • Available 7 days per week • Asset/Property Management April 13-26, 2012 • Tenant and Landlord • Market, Site and Financial Copyright 2012. BizWest Media LLC. Representation Analysis Reproduction or use of editorial or graphic content without written permission is prohibited. The Boulder County Business Report (USPS 018-522, ISSN 1528-6320) PRUDENTIAL ROCKY MOUNTAIN Is published biweekly, with an extra issue in December, by BizWest Media LLC, a Colorado corporation, 3180 Sterling Circle, Suite 201,Boulder Colorado, 80301-2338. REALTORS NAMED TOP 50 Periodical Postage Paid at Boulder, CO and at additional mailing offices. IN NATION Subscriptions are $49.97. International subscriptions are $180.00.

Independently owned and operated. POSTMASTER; Send change of address notices to: 275 S. Main St., Suite 109, Longmont, CO 80501 The Boulder County Business Report, P.O. Box 1399, Fort Collins, CO 80522. 303-772-2222 • www.prudentialrockymountain.com (303) 440-4950 Fax: (303) 440-8954 E-mail:[email protected] Web: www.BCBR.com 5A5A 5A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 5A CU contest gives airport ride arrangers a lift BY MICHAEL DAVIDSON Rideorama users know if their travel [email protected] companions were reliable, trustwor- thy and enjoyable. BOULDER - A company trying to Drivers and riders would negotiate solve one of life’s most annoying, per- a price and a way to divvy up the cost. sistent challenges - finding someone After the trip is complete, the rider to take you to the airport - beat out would pay the driver through PayPal. “the real-life Farmville” to take the Rideorama would take a 20 percent top prize April 5 at the University of cut, George said. Colorado New Venture Challenge. NVC judge Libby Cook, co-found- The annual competition pits teams er of Wild Oats and Sunflower mar- of entrepreneurial CU students and kets and current executive director community members against each of Philanthropiece, asked George other to see who has the most promis- how the company would differentiate ing business idea and the most devel- itself from competitors. oped plan for capitalizing on it. Teams George said some companies compete for more than $30,000 in already are in the space, such as Zim- prizes. ride, which tries to set up carpools for Rideorama LLC won the $4,000 university and corporate networks. grand prize and the $1,500 audi- CU is a client, but preliminary results ence-choice prize for its proposal to MICHAEL MYERS show it is underused. develop an online ride-sharing service Co-founders of Boulder-based Rideorama LLC, wearing green T-shirts, wait their Rideorama would go after the that pairs drivers with riders for trips turn to pitch their business plan at the University of Colorado New Venture Chal- much broader market of all travel- to airports. lenge on April 5.The startup won the $4,000 grand prize and the $1,500 audience- ers, George said. Primary competitors The potential customer base is choice prize for its proposal to develop an online ride-sharing service that pairs there are taxis, buses and shared vans huge, said Casey George, Rideorama drivers with riders for trips to airports. Co-founders are, from left, Casey George, such as Super Shuttle. Rideorama has co-founder and chief executive offi- Osheneova Dibie, Kamal Sabi and Abdoul Gobitaka. the potential to be cheaper and more cer, with people making 1.4 billion flexible than any of those, George said. trips to the airport in 2010. Many both, so people often rely on friends George said. The Urban Farm Co. of Colorado of those customers are looking for a or family to drop them off, creating a Rideorama already has its “alpha LLC, co-founded by CU graduate more convenient, cheaper and less burden on their drivers. As a result, site” online at rideorama.com. Driv- Bryant Mason and current undergrad burdensome way to get to the ter- 75 percent of airport trips are by car, ers and riders create profiles and post Schuyler Van Sickle, took second minal. with a large majority of drivers driv- the time they are going to the airport. place and $4,000. George’s pitch started by noting ing alone. Rideorama connects them and lets Urban Farm builds raised planting that public transit is slow, taxis are “This is an overlooked opportunity them make arrangements. Afterward, boxes which fit into small backyards expensive and shared-van services are that makes too much sense not to do,” users rate each other to let other ➤ See Arrangers, 5A

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6A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com Developers: FasTracks delay won’t derail plans BY MICHAEL DAVIDSON [email protected] Longmont through Broomfield and greenfield development that would Boulder. Wood Partners, a national Boulder by 2017. build multifamily residential and residential housing development com- BOULDER — Delays in building The remainder of the line to Long- commercial buildings near the inter- pany, is considering buying part of the FasTracks Northwest Rail Line mont would be completed between section of Wadsworth Boulevard and the land. It has submitted a concept will not negatively affect the future of 2026 and 2032. The new plan also Colorado Highway 128. The property review plan to build the 297-unit local transit-oriented developments, adds bus rapid transit options in Boul- is near the Broomfield bus rapid tran- Alta Harvest Station apartments on according to their developers. der and Broomfield County. sit stop at the Arista development, the site, according to Broomfield staff. The Regional Transportation Dis- The owners of the 25.3 acres that which is across U.S. Highway 36. “We were disappointed to hear of trict’s board of directors on March would be the home of the proposed RTD had approved plans for a RTD’s proposal to use bus rapid tran- 27 approved a “hybrid plan” that by Harvest Station development in commuter station at the site, although sit instead of rail to connect Boulder 2022 will build commuter rail to Broomfield and the owners of a 5.1- the district did not commit to funding and Church Ranch, since we believe the Church Ranch Boulevard park- acre property next to the eventual it when it built the first rail stops. that rail would have been very ben- n-Ride in Westminster. FasTracks Louisville train stop said the decision The land is owned by Jere Mock, eficial to Boulder and Broomfield had originally committed to build will not change their plans. whose family owns Mock Realty counties,” an email statement from the 41-mile commuter rail line to Harvest Station is a proposed and Mock Property Management in the Mock family said. “However, the decision has little or no impact on the value of our 26 acres.”

We are no longer There is more than one way to boost your planning around the future rail station. We still have a very viable infill project. BOTTOM LINE Dave Waldner Ask Ecoscape Environmental Design PARTNER, DELO LLC

“There is already a bus rapid transit station located to the southwest of the property that provides great con- 10 for Change member nectivity. We did not expect the rail station at Wadsworth Boulevard and 2011 Energy Champion Award West 116th Avenue to happen for sev- for 50% electricity reduction eral years in any case,” the Mocks said. In Louisville, DELO LLC owns PACE-certified Sustainable the 5.1-acre property at 1125 Short St. Landscape Company that would be home to the RTD stop. GreenCO-certified for water Dave Waldner, one of the partners in conservation DELO, said RTD’s decision will not affect its redevelopment of the area it calls “Downtown East Louisville.” 10 for Change is a group of over “We are no longer planning around 100 Boulder businesses commit- the future rail station,” Waldner said. ted to reducing their energy use “We still have a very viable infill by 10%. Join the conversation. project. “When we purchased the prop- www.10 forChange.net erty, we really purchased it without depending on a rail station being there. We also understood RTD’s plans might change, and we shouldn’t be counting on that station,” Waldner said. DELO has not decided what it wants to build on the property, which it bought in December 2010 for $1.26 million. The company probably will submit a concept plan to Louisville within six months, Waldner said. The development likely will be mixed use, and Waldner said it might include Class A office space to take advantage of a lack of such space in downtown Louisville. (Above)(Ab(AAbAboveovev ))B BBillillillll Melvin,MeMelvivvin,n OwnerOwnOOw erer Waldner said the plan will take advantage of the site’s close proximity The City of Boulder is working to reduce its greenhouse gas emissions. The Climate Action Plan tax, which funds 10 for Change and other innovative to downtown Louisville and Colo- Boulder programs, helps us get there. 10 for Change is also funded by mem- rado 42. The most immediate issue ber sponsorships and managed by the City of Boulder’s Local Environmental is that Louisville builds an underpass Action Division (LEAD). 10 for Change is endorsed by the Boulder Chamber, which would make the site more Downtown Boulder Inc., and the Boulder Independent Business Alliance (BIBA). easily accessible for pedestrians from Founding members: Hogan Lovells, Clean Tech Solutions, City of Boulder. downtown, Waldner said. The underpass and a new plan for ➤ See Developers, 7A 7A7A 7A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 7A

DEVELOPERS from 6A GENBAND from 3A the Colorado 42 area are priorities transit-oriented plan, he said. 50 countries, according to the release Verizon Investments LLC, part of for Louisville, planning director Troy William Sirois, RTD’s senior man- announcing the acquisition. The pri- Verizon Ventures, is a recent investor. Russ said. The city also is looking at ager of transit-oriented development, vately held company is backed by Aztek Networks evolved from other ways to make the area more said transit should be viewed as a nice several venture-capital firms. Aztek Engineering, a local engineer- pedestrian friendly and create more addition to developments that meet Genband has a history of acquir- ing firm specializing in telecom that flexible zoning regulations so the area the needs of the local market and ing IP switching technology assets was founded in 1983, Bruny said. will succeed with or without rail. neighborhood context. Transit should from companies such as Nokia, Sie- Genband has been a reselling part- “We don’t want to sit and wait for not make or break a project, he said. mens and Nortel. Founded in 1999, ner for Aztek Networks. transit,” Russ said. it employs more than 2,200 full- “We’ve already integrated our Boulder is taking the same The focus of Boulder time professionals, according to its products and delivered successfully approach with the Depot Square website. for clients. In my view, this is a natural development which will be the city’s Junction in the beginning Aztek Networks, founded in 2006, progression,” Bruny said. new BRT hub, senior planner Louise has received nearly $38 million in “The Aztek acquisition strategi- Grauer said. The city has approved a was always the RTD region- venture capital from several firms, cally enhances our network-transfor- plan by Pedersen Development Co. to al bus facility. It was always Bruny said. Local investors include mation capabilities with both innova- build the bus rapid transit station, 78 Access Venture Partners, which has tive technology and talent,” Genband permanently affordable apartments thought of as a catalyst to an office in Westminster, and Boul- president and CEO Charlie Vogt said and a 140-room hotel, and to renovate der-based Sequel Venture Partners. in the media release. the historic depot at 3151 Pearl St. get the whole thing going. A commuter rail station can be built just north of the site, but the key component to the development is the BRT hub, she said. Louise Grauer SENIOR PLANNER, “The focus of Boulder Junction in CITY OF BOULDER the beginning was always the RTD regional bus facility,” Grauer said. “It was always thought of as a catalyst to “If you don’t have some basic real get the whole thing going.” estate fundamentals at a site, because Longmont also is going forward you put a train there or a bus, it with redevelopment plans for its doesn’t suddenly become a great site,” “First and Main” bus rapid transit Sirois said. stop. The stop will be an important Generally speaking, there is a limit node between RTD’s system and the to how many transit-oriented devel- FLEX system which connects to Fort opments a spread-out area such as Collins, transportation manager Phil metro Denver and Boulder County Greenwald said. can support, Sirois said. The center, just south of down- “We are not going to have 40 tran- town Longmont, could help spur sit-oriented sites that happen within private development, but as yet no five years of the finish of FasTracks,” developer has come forward with a he said.

ARRANGERS from 5A or on rooftops. In addition to building Mendelson said, noting Foundry the boxes, the company would install Group’s early investment in Zynga them and provide customers with Inc., the creator of Farmville and organic seeds and soil, Mason said. other Facebook-based games. “This The company’s approach is a full- is the real Farmville.” service model not available at hard- This year’s New Venture Chal- ware or gardening stores, and it hopes lenge was the fourth edition, said to bring the community garden move- Dave Mangum, a Silicon Flatirons ment into backyards, Mason said. fellow and the event’s co-organizer. “We’re trying to capitalize on this The challenge is sponsored by CU really growing market for people programs such as Silicon Flatirons that want to eat healthier and grow and the Deming Center for Entre- their own food,” Mason said. “This preneurship. Local companies such can have tremendous impact with as Zayo Group and Survey Gizmo . relatively low start-up costs.” are corporate sponsors. STRENGTH The team won the NVC’s social About 60 project teams expressed Named #17 on the Forbes Best Banks in impact competition, and Mason interest in the challenge when it America list, First National Bank is proud highlighted studies showing gar- kicked off in October, and more than to be one of the most financially strong dening reduces depression and the 40 teams entered the competition. lasting impact healthy eating has on Teams worked with mentors banks in the nation. children. drawn from the business community So when you’re ready for one of the best banking experiences in Urban Farm Co. also wants to and attended several boot camps and create an online database where mini-competitions along the way. America, stop into one of our convenient branches, or visit us online users could share information about This was the first year the competi- at 1stnationalbank.com. organic gardening and become part tion had multiple competitive tracks of a network of growers. including clean tech, information 800.883.8773 | Member FDIC Jason Mendelson, managing direc- technology and music tracks, Mang- tor of the Foundry Group venture- um said. capital firm, suggested they might As the program has evolved, CHECKING | SAVINGS | LOANS be onto a much bigger business idea. Mangum said, the teams and ideas MORTGAGE | CREDIT CARDS By building up the online compo- have become stronger. SMALL BUSINESS nent and “gamifying” it by adding “It’s really not a business-plan WEALTH MANAGEMENT competitive elements, he said, Urban competition any more. It’s a busi- CORPORATE BANKING Farm Co. could develop a thriving ness-development competition,” he and lucrative social network. said. “The strongest teams already FIRST NATIONAL BANK, A DIVISION OF FIRST NATIONAL BANK OF OMAHA. “I’m an investor in Farmville,” have something started.” 8A 8A8A

8A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com Grocer to sprout in bookstore space Natural-foods market expected to bring 100 new jobs to Longmont

BY BETH POTTER [email protected]

BOULDER - Sunflower Farmers Market plans to open a natural and organic grocery store in Longmont by the end of the year that likely will carry the Sprouts name. The 24,895-square-foot store will COURTESY SUNFLOWER FARMERS MARKETS be at 1101 S. Hover St., in the for- The 24,895-square-foot natural and organic grocery store coming to Longmont mer Borders Bookstore space in the by the end of this year will offer fresh produce including locally grown and organic St. Vrain Centre. It is expected to options, all natural meats, fresh wild caught seafood, a deli with more than 200 provide 100 jobs, according to the varieties of cheese and a bakery offering fresh baked goods. The store will be Boulder-based company. opened by Sunflower Markets and likely will carry the Sprouts name. The two Sunflower and Sprouts Farmers companies plan to merge by the end of May and stores Sunflower operates will be Market in March announced they rebranded to Sprouts by the end of the year. would merge by the end of May. The combined company will operate 139 natural and organic groceries at the ates 36 stores in eight states, including stores and will have approximately lowest possible price point — includ- 12 stores in Colorado. The grocer has 10,000 employees. ing locally grown produce when plans to open a Grand Junction store Under terms of the merger, the possible — makes us a great fit for in September and a Denver location stores Sunflower operates will be Longmont’s health-conscious, budget in spring 2013. rebranded to Sprouts by the end of savvy consumers,” Chris Sherrell, The new Sprouts will have pro- the year, according to a press state- Sunflower’s chief executive, said in a jected 2012 annual revenue approach- ment. press statement. ing $2 billion, and plans to open 13 Currently, the nearest Sunflower The transaction was facilitated by additional stores in 2012. market to Longmont is located 15 SRS Real Estate Partners in Denver Sunflower was co-founded in 2002 miles south, at 555 W. South Boulder and Larimer Associates, a commercial in Boulder by Mike Gilliland, Libby Road in Lafayette. real estate firm in Denver. Cook and Randy Clapp, co-founders of “Our commitment to supplying Sunflower Farmers Market oper- Wild Oats Market.

SYSTEMS ENGINEER (PLATFORM)

Intel Corporation has opening(s) in Longmont, CO. May require experience, depending on position. Combination ed/exp accepted in some positions in lieu of degree. To apply and submit resume, please visit www.intel.com/jobs and search for the job # below. Apply to each job # of interest. Applications will be accepted through 05/28/12. EOE

Systems Eng (Platform)—Emphasis on delivering platform feasibility analysis and collaterals throughout the platform life cycle. Design and develop electronic or electromechanical equipment or systems oriented products. Requires BS (#618620); or MS (#618621).

Introducing the all new 2012 Porsche 911 GT3, Panamera 4S and Cayenne . ©2011 Porsche Cars , Inc. Porsche recommends seat belt usage and observance of all traffic laws at all times. Optional equipment shown is extra. Introducing the all new 2011 Porsche Cayman. Introducing the all new 2011 Porsche Cayman. 2012 Porsche 911 GT3 2012 Porsche Panamera 4s 2012 Porsche Cayenne 2012 Porsche 911 GT3 Lease 2012 Porsche Panamera 4s Lease 2012 Porsche Cayenne Lease

2011 Porsche Cayman 2011/month Porsche Panamera 4 /month 2011 Porsche Cayman 2011 Porsche Panamera/month 4 2011 Porsche Cayman Lease $1379 36mos 2011 Porsche Panamera 4$1379 Lease 36mos 2011 Porsche Cayman Lease $11492011 Porsche36mos Panamera 4 Lease $ /month $ /month $ /month $ /month 36mos 36 month lease, plus tax 3636mos month lease, plus tax 599 36mos 36 month lease,1,187 plus tax 36mos 599 7500 miles per year. 1,18712,000 miles per year. 12,000 miles per year. 10,00010,000 miles/year. 10,000 miles/year. 10,00010,000 miles/year. 10,00010,000 miles/year. MSRP $110,830 10,000 miles/year.MSRP $111,005 MSRP $76,320 MSRPMSRP $58,015 MSRPMSRP $90,440. $99,380. $5,000 MSRPMSRP $58,015 MSRPMSRP $90,440. $99,380. $5,000 $5,000$5,000 down plus 1st1st $5,000 down plus 1st payment, downdown plus 1st payment,$5,000 down plus 1st payment,$5,000$5,000 down plus 1st1st $5,000 downdowndown plus plus 1st payment, 1st payment, payment,payment, tax title andand tax title and D&H. Stk# 39540 taxtax title title and D&H. tax title & D&H. Stk#39887payment,payment, tax title andand tax title & D&H.taxtax titleStk#39757 title and D&H. D&H.D&H. Stk#39230 Expires 5.4.2012 Stk#39481.Stk#38797. Expires 5.4.2012 D&H.D&H. Stk#39230 Expires 5.4.2012Stk#39481.Stk#38797. Exp.Exp. 12-31-2011 6-30-2011 Exp.Exp. 12-31-2011. 6-30-2011. Exp.Exp. 12-31-2011 6-30-2011 Exp.Exp. 12-31-2011. 6-30-2011.

Ed Carroll Porsche Ed Carroll Porsche 3003 S College Ave 3003 S College Ave ©2011 Porsche Cars North America, Inc. Fort Collins, Co 80525 Fort Collins, Co 80525 Porsche recommends seat belt usage and observance of all traffic laws at all times. 970-226-3000 970-226-3000 Optional equipment shown is extra. ed-carroll.porschedealer.com ed-carroll.porschedealer.com M-F: 8:00AM - 7:30PM M-F: 8:00AM - 7:30PM Saturday: 8:00AM - 7:00PM Saturday: 8:00AM - 7:00PM 9A9A 9A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 9A

WILD from 3A the animal with its parent if possible, Ball chief helps launch hockey team Tyler said. “If the mother was scared off by the cutting down of a tree, she may BY MICHAEL DAVIDSON The team did Friday, Oct. 19. still come back to get the baby.” [email protected] not announce Ball Corp. (NYSE: BLL) is based If the mother has been hit by a car, whether it has an in Broomfield. The Rocky Mountain however, the baby animal probably DENVER — John Hayes, Ball affiliation with a Rage played three seasons in the will need some guidance to learn how Corp.’s president and chief executive, National Hockey CHL at the Broomfield Event Cen- to live on its own. Seventy percent is bringing minor-league hockey back League team. ter, now 1stBank Center, until the of the animals at Greenwood are to the Denver area. Denver will venue’s management changed and orphans. Hayes is the lead investor in the play a 66-game it was reoriented to focus more on To keep the animals growing, heal- ownership group of a new Central schedule, and concerts. The Rage’s final season was Hayes ing and moving toward independence, Hockey League franchise that on opponents will 2008-09. the nonprofit employs 10 staff mem- Tuesday announced it will start play include the Rapid “We are very excited to partner bers year-round with an additional 15 this fall. City Rush, Missouri Mavericks, based with John Hayes and his staff as to 20 pitching in during busy months. The team will play at the Denver in Independence, Wichita Thunder well as the city of Denver and wel- “A lot of the animals have to be fed Coliseum. It is hosting a “guess the and Arizona Sundogs, both based in come them into the Central Hockey from dawn to dusk,” Tyler said. name” contest to reach out to poten- Prescott Valley. Opening night for the League,” CHL commissioner Duane To keep up with the need, 293 tial fans through social media. CHL’s 2012-13 season is scheduled for Lewis said in a press release. volunteers donated 26,791 hours last

BIRDS ARE THE MOST common species coming into Greenwood, with a handful of marmots annually taking the prize for the most uncommon. year to the cause. Their tasks ranged from animal care and fundraising to working at the Greenwood Thrift Store and recently launched Green- wood Consignment Gallery, both at 3600 Arapahoe Ave. in Boulder The stores are new to the 8,400-square-foot building although the thrift store has been around for seven years. The consignment store is accepting finer home furnishings, home decor, art and jewelry, according to Roseann Ashley, retail manager. People who bring in items that will be priced at more than $100 will receive 60 percent of the sale; otherwise it’s a 50-50 split. With an operating budget of more than $1 million, the Greenwood cen- ter relies on grants, fundraising events and donations in addition to the net profit from the thrift store and con- signments. Additional funds come from annu- al contracts with the city Longmont for $25,000 and the city of Boulder for $10,000. “They pay us so they can always bring animals in,” Tyler said. Greenwood Center got its start in 1983 through the Humane Society of Boulder Valley. Two years later the family and friends of Natalie Gneiser, who was killed while trying to rescue an injured dog on a highway, donated funds to the cause. The center incorporated in 1993, and its name was changed from Nata- lie Gneiser Wildlife Rehabilitation Center to Greenwood Wildlife Reha- bilitation Center after a raccoon that came to be called Greenwood by the center was rehabilitated after a run- in with a chimney fire. Green wood doesn’t burn, Tyler said. Greenwood has been rehabilitat- ing wildlife for 25 years and is one of the largest wildlife centers of its kind along the . 10A 10A10A

10A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com BUSINESS NEWSPAPERS REPORT LIST (Newspapers based in Boulder and Broomfield counties ranked by frequency of regular circulation.)

Regular or Daily Regular full-page Frequency of Circulation ad at open rate Phone Publisher Publication Sunday or Other Sunday full-page Parent Company Web site RANK Newspaper name Editor Day Distributed Circulation ad at open rate Parent Location Year Founded BOULDER CAMERA Albert Manzi Daily 24,898 Call for quote MediaNews Group Inc. 303-442-1202/303-449-2063 5450 Western Ave. Kevin Kaufman Daily 26,980 Call for quote Denver www.dailycamera.com 1 Boulder, CO 80301 1891 TIMES-CALL Dean Lehman Daily 18,193 Call for quote MediaNews Group Inc. 303-776-2244/303-776-9271 350 Terry St. John Vahlenkamp Daily 19,911 Call for quote Denver www.timescall.com 2 Longmont, CO 80501 1957 COLORADO DAILY Albert Manzi Daily 8,710 Call for quote MediaNews Group Inc. 303-442-1202/303-449-9358 5450 Western Ave. David Burdick Monday-Friday NA Call for quote Denver www.coloradodaily.com 3 Boulder, CO 80301 1892 BROOMFIELD ENTERPRISE Albert Manzi Semi-weekly 25,000 $1,028.70 MediaNews Group Inc. 303-448-9898/303-466-8168 3400 Industrial Lane, Suite 2 Julie Baxter Thursday and Sunday 25,000 $1,028.70 Denver www.broomfieldenterprise.com 4 Broomfield, CO 80020 1991 BOULDER WEEKLY Stewart Sallo Weekly 25,000 $1,125 Boulder Weekly 303-494-5511/303-494-2585 690 S. Lashley Lane Joel Dyer Thursday N/A N/A Boulder www.boulderweekly.com 5 Boulder, CO 80305 1993 COLORADO HOMETOWN WEEKLY Dean Lehman Weekly 19,943 Call for quote MediaNews Group Inc. 303-776-2244/303-776-9271 350 Terry St. Doug Pike Wednesday N/A N/A Denver www.coloradohometownweekly.com 6 Longmont, CO 80501 1974 THE MOUNTAIN-EAR Barbara Hardt Weekly 5,000 $1,007.50 Apex Publishing, LLC 303-258-7075/303-258-7250 P.O. Box 99 John Scarffe Thursday N/A N/A Nederland, Colorado www.themountainear.com 7 Nederland, CO 80466 1977 THE LYONS RECORDER Lora Gilson Weekly 800 N/A Lojo LLC 303-823-6625 454 Main St., Suite C Joseph Lekarczyk Thursday N/A N/A Lyons www.lyonsrecorder.com 8 Lyons, CO 80540 1900 LONGMONT WEEKLY Dean Lehman Weekly N/A N/A MediaNews Group Inc. 303-776-2244 P.O. Box 299 John Vahlenkamp Sunday 16,170 Call for quote Denver www.longmontweekly.com 9 Longmont, CO 80502 2009 BOULDER COUNTY BUSINESS REPORT Chris Wood Biweekly 5,500 $3,395 BizWest Media LLC 303-440-4950/303-440-8954 3180 Sterling Circle, Suite No. 201 Doug Storum Every other Friday N/A N/A Boulder www.bcbr.com 10 Boulder, CO 80301-2338 1982 50 PLUS MARKETPLACE NEWS INC. Robert A. Trembly II Monthly 32,000 Call for quote Seniors Marketplace 303-694-5512/303-516-9863 4400 Sioux Drive Allison Stone 25th of the month N/A N/A Denver www.50PlusMarketplacenews.com 11 Boulder, CO 80303 1985 BOULDER COUNTY KIDS Jennifer Martin Quarterly 20,000 $1,010 Martin House Publications 303-939-8767 P.O. Box 17114 Jennifer Martin Feb. 1, May 1, Aug. 1, Nov. 1 N/A N/A Inc. www.bouldercountykids.com 12 Boulder, CO 80308-0114 Boulder 1995 Researched by Mariah Gant

Source: Business Report Survey

JOBS from 1A ods such as crowd funding. The JOBS Commission with more detailed finan- Act also allows new types of investors cial information than smaller private to invest in private companies. companies have to disclose. The provi- Zayo Group chief executive offi- sion often is a factor when companies cer Dan Caruso was among the exec- decide whether to have IPOs. utives and politicians who shared the Employees who received shares stage with Obama when he signed of the company counted against that the bill. Rally Software Develop- cap. ment Corp. CEO Tim Miller and “Zayo was beginning to approach Return Path Inc. CEO and chair- that threshold, because we give equity man Matt Blumberg were among to employees,” Caruso said. the guests who watched from seats The threshold has been raised to in the garden. 2,000 shareholders, and employees Zayo, Rally and Return Path all are no longer count against it, so Zayo rapidly growing companies backed by will be able to continue giving new substantial amounts of venture capi- employees equity. tal and are considered candidates for While Caruso, Blumberg and initial public offerings. Miller were making travel arrange- Blumberg and Caruso both said ments, a different class of entrepre- their focus has been on the changes neurs was being briefed on how the the JOBS Act makes to IPO “on- law could affect their companies at ramping,” and there are changes that the April Boulder-Denver New Tech will benefit their companies. Meetup. The JOBS Act reduces disclosure Securities lawyer Richard B. Levin requirements for private companies of Baker & Hostetler LLP’s office in about to make an IPO and no longer Denver outlined the act, and the ques- requires outsiders to audit a com- tions focused heavily on crowd funding. pany’s internal controls until it crosses Previously, private companies had thresholds such as $1 billion in annual COURTESY U.S. CONGRESS limited ways of raising money. Part- revenue or five years after its IPO. Dan Caruso, left, president and CEO of Zayo Group in Louisville, watches Presi- ners could invest in the company, “My opinion of the JOBS Act is dent Barack Obama sign the Jumpstart Our Business Startups (JOBS) Act on April and the founders could gather invest- that it’s great for the startup com- 5 in the Rose Garden at the White House. ments from friends and family. munity, but even greater for growth Companies could try to woo angel companies,” Blumberg wrote in an investors or venture capital firms, email. “The Sarbanes-Oxley reforms “The steps they are taking are very One of the bill’s less-discussed pro- but their approaches had to be pri- that make it easier and less costly to positive,” Caruso said in an interview visions actually alleviates one issue vate. Founders could be stymied if go through an IPO and be a public after the White House ceremony. He Zayo was about to confront, Caruso their personal networks were limited company will really enable growth said it was especially encouraging to see said. Prior law required companies and their young companies were not companies like ours to go public a a significant piece of legislation signed with 500 or more shareholders to advanced enough to court venture little earlier and with less difficulty.” with overwhelming bipartisan support. provide the Securities and Exchange ➤ See JOBS, 11A 11A11A11A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 11A NREL helping entrepreneurs become CEOs

BY SUZANNE PLETCHER 300 companies that NREL currently [email protected] works with, and the partnerships run We do a lot of things the gamut of everything from funda- DENVER — Colorado’s lack of that ensure that we have a mental research to product deploy- CEO talent and access to capital is ment into the marketplace. stunting clean-tech business develop- vibrant economic system NREL provides support in three ment and jobs growth. areas of clean tech: energy efficiency, In response, the National Renew- not just here in Colorado renewable resources, and delivery able Energy Lab in Golden and its but throughout the U.S. and storage, with Williams’ batteries partner Colorado Center for Renew- being an example of storage tech- able Energy Economic Develop- and internationally nology. Within those areas, Adams ment, or CREED, have focused their noted that efficiency building tech- resources upon building entrepre- as well. nology is a standout. He said the neurs into effective CEOs and intro- number of certified super-efficient ducing them to investors with the Richard Adams buildings, called LEED, rose from MANAGER, hope that their new companies will INNOVATION AND ENTREPRENEURSHIP CENTER three to 8,300 in Colorado over the become job-producing machines. past decade. “We do a lot of programs that “What’s going on in the building support businesses. We do a lot of ham & Stubbs law firm at its down- ing facilities for prototypes, Adams space in my mind is one of the most programs that support economic town Denver office. noted. significant things that is going on in development. And we do a lot of NREL and its partner CREED To address the issue, NREL has the market at the moment,” Adams things that ensure that we have a offer opportunities for entrepreneurs opened its test labs to entrepreneurs said. vibrant economic system not just to meet one another, to meet venture where then can conduct prototype NREL also is mandated by its fed- here in Colorado but throughout the capital investors and receive coaching. testing, and they can work along- eral manager, the Department of U.S. and internationally as well,” said CREED’s annual Industry Growth side NREL engineers to refine their Energy, to award at least 55 percent Richard Adams of NREL. Forum has paired entrepreneurs with product. of its subcontracts to small businesses. The former investment banker and capital and created more than 30,000 First Solar, now one of the largest Adams said that in 2011 small busi- entrepreneur manages the Innova- jobs in Colorado, Adams said. solar manufacturers in the U.S., sent ness accounted for 65 percent of its tion and Entrepreneurship Center at Brandon Williams, founder and its engineers to NREL for product subcontracted work, and that small NREL and also serves as executive CEO of Iron Edison solar storage bat- design assistance. The company was businesses should visit the NREL director of CREED, a state, federal tery company, told the crowd that he having trouble with the material lay- website and register to receive notices. and business partnership that sup- and his wife took advantage of almost ering on their solar cells, and it was A key partner to NREL is the ports clean tech business develop- every opportunity offered through NREL research that helped them Colorado Governor’s Energy Office. ment. Adams spoke on Wednesday, the NREL program during the fledg- to understand what they were doing “It’s very important for NREL to March 21, to a group of 60 people ling phase of their company’s growth. wrong and improve the product, be promoting this type of program,” who attended an informational morn- A third constraint to business Adams said. said Francisco Flores, the renewable ing meeting hosted by the Davis Gra- growth in Colorado is lack of test- First Solar is one example of the ➤ See NREL, 13A

JOBS from 10A JILA’S SIX-STORY ADDITION capitalists. led by experienced and successful $32.7 million project adds 56,000 square feet of space With the enacting of the JOBS serial entrepreneurs are likely to con- Act, soon they could turn to crowd tinue relying on angels and venture funding to raise up to $1 million by capitalists. selling shares to small investors. The Entrepreneurs turning to crowd companies can use a broker-dealer or funding should be wary of the poten- other types of intermediaries, Levin tial for making mistakes that run said. afoul of the SEC, Levin said. Many commentators expect Inter- “You have to really be careful, and net exchanges will develop to take you really have to pick your inter- advantage of the provision. The most mediary or broker-dealer carefully,” common analogy made is to Kiva or he said. Kickstarter, which raise microloans As its name suggests, the JOBS Act or money, respectively, for creative ultimately was supported by politi- projects. Instead of donors or cli- cians looking to boost an economy ents, there will now be investors with that continues to underperform, said shares. University of Colorado Leeds School What actually happens could of Business finance professor Sanjai largely be determined by new regula- Bhagat. tions for governing the intermediaries Bhagat is skeptical that almost being worked on at the SEC. Those any legislation can help economic new rules are expected to come out performance and does not know yet in a few months, Levin said. if the JOBS Act will live up to its Until then, Levin would only speak early hype. of the JOBS Act’s general effect on “While the intention is good, to entrepreneurs and investors. create jobs,” Bhagat said, “it might COURTESY CASEY A. CASS/UNIVERSITY OF COLORADO “It does potentially open up the have the opposite effect or no effect Workers put the final touches on the roof of a new six-story addition to JILA, door to new investors who might not at all.” formerly known as the Joint Institute for Laboratory Astrophysics. JILA is a have been able to participate,” Levin Measures related to IPOs actually joint institute of the University of Colorado-Boulder and the National Institute said in an interview. Those investors could undermine companies, he said, of Standards and Technology located on the CU-Boulder campus. The new do not have to meet the thresholds by making investors wary of backing wing will add 56,065 square feet of space including vibration-resistant labo- the SEC previously had established to companies that have to disclose less ratories with special flooring and better shielding from electromagnetic noise. become an accredited investor, such information to the public. NIST contributed $22.5 million and CU-Boulder contributed $10.2 million to as net worth of more than $1 million. Crowd funding also could be the $32.7 million project. The building dedication will be held at 2:30 p.m. on “Crowd funding, in my mind, abused by “fly-by-night operators” Friday, April 13. probably will be used by very early- looking to prey on unsophisticated stage companies,” Levin said. Startups investors, he said. 12A 12A12A

12A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com BUSINESS REPORT LIST ADVERTISING, MARKETING & PR FIRMS (Firms in Boulder and Broomfield counties ranked by capitalized billings.*)

Capitalized Billings RANK Company 2011 Local employees Phone/Fax Person in Charge Prev. rank Address 2010 Total employees Current accounts Web site Year founded STERLING-RICE GROUP $140,323,000 131 PepsiCo, Almond Board of California, Wendy's, Turtle 303-381-6400/303-444-6637 Buddy Ketchner, President 1801 13th St., Suite 400 $146,333,000 131 Mountain/So Delicious, Johns Manville, Children's Hospital, www.srg.com 1984 1 Boulder, CO 80302-5130 Bikes Belong, Home Instead, Schwan's, Storck/Werther's 2011 Rank: 1 VERMILION INC. $18,349,053 29 Celestial Seasonings, Tendril, NREL, Rudi's Organic, Robert 303-443-6262/303-443-0131 Robert Morehouse, CEO 3055 Center Green Drive $11,716,196 29 Wood Johnson Foundation, CU Boulder www.vermilion.com 1982 2 Boulder, CO 80301 2011 Rank: 3 EGG STRATEGY INC. $13,800,000 32 Consumer-facing Fortune 1000 companies in the consumer 303-546-9311/303-546-9237 Jonathan Rodd, President 1360 Walnut St., Suite 102 $13,600,000 46 packaged goods, consumer products/services, beer, distilled www.eggstrategy.com 1995 3 Boulder, CO 80302 spirits, travel/tourism, financial services and pharmaceutical 2011 Rank: NR industries BOLDER SEARCH $10,101,010 12 Standing Cloud, Venice Ristorante, Precision Plumbing 720-938-1222 Lee Ponton Kennedy, CEO 928 St. Andrews Lane N/A 12 www.boldersearch.com 2007 4 Louisville, CO 80027 2011 Rank: NR THE CREATIVE ALLIANCE $7,084,154 10 Birko Corp., Avjet, NationAir, PhoCusWright, Cardinal Peak, 303-665-8101/303-665-3136 T Taylor, Founder, CEO 2675 North Park Drive $6,077,197 12 Trumpet Behavioral Health, KTs BBQ, LaserCycle USA www.thecreativealliance.com David Heitman, President 5 Lafayette, CO 80026 1991 2011 Rank: 4 WILD ROSE MARKETING INC. $4,100,000 4 All of our customers are major clients, but our love is in the 303-448-9556/303-448-9762 Rose Pierro, Owner P.O. Box 21276 $3,800,000 11 natural food industry. www.wildrosemarketing.com 1996 6 Boulder, CO 80308 2011 Rank: NR ROOM 214 INC. $2,383,236 30 Pearl Izumi USA Inc., White Wave Inc., Udi's Food, Good 303-444-9214/303-736-4377 James Clark, Founding 3390 Valmont Road, Suite 214 $2,041,625 30 Times Restaurants Inc., Credit Union www.room214.com Partner 7 Boulder, CO 80301 Jason Cormier, Founding 2011 Rank: 6 Partner 2004 MONDO ROBOT $2,200,000 22 Microsoft, Comcast, Warner Brothers, Digital Globe, 303-800-2916/303 800-2916 Chris Hess, Creative 1737 15th St. N/A 22 Steamboat Ski Resort, Front Porch Digital, Fathom www.mondorobot.com Director/Founder 8 Boulder, CO 80302 Entertainment, Spot Brand Bikes, Todd Reed Jewelry 2006 2011 Rank: NR CATALYST COMMUNICATION INC. $2,000,000 10 Trek, Cannondale, Park, Cyclops, Saris, Polar, Sram, CatEye, 303-444-5545/303-444-0440 Leslie Bohm, President 1515 Walnut St. $2,000,000 10 Polar Bottle, Patagonia, The North Face, Columbia, Mountain www.catacom.com 1985 9 Boulder, CO 80302 Hardwear, Arcteryx, Osprey, Smartwool 2011 Rank: 7 PARALLEL PATH $1,603,000 15 N/A 303-396-1111 Brian Cleveland, CEO 1637 Pearl St., Suite 201 $1,226,000 15 www.parallelpath.com 2005 10 Boulder, CO 80302 2011 Rank: NR INSIGHT DESIGNS WEB SOLUTIONS $1,561,852 14 Crocs, Spyder, NCWIT, Solution Tree, ThisLife, Dot Hill 303-449-8567/303-449-8568 Beth Krodel, Co-owner LLC $1,572,075 14 www.insightdesigns.com 1999 11 2006 Broadway, Suite 300 2011 Rank: 8 Boulder, CO 80302 ADVENTURE FIT INC. $1,250,000 4 New Belgium Brewing, Shape Magazine Keen Footwear, 303-408-0747 Josh Kravetz, Owner 700 Atwood St. $500,000 7 Yakima, Clif Bar & Co., Surly Bikes, Luna Bar, Gates Carbon www.adventurefit.com 2003 12 Longmont, CO 80501 Drive 2011 Rank: 13 CATAPULT PR-IR $1,044,925 8 Agile Alliance, FreeWave Technologies, CollabNet Gorilla 303-581-7760/303-581-7762 Terri Douglas, Founder 6560 Gunpark Drive, Suite C $842,748 8 Logic, JNBridge, Inovonics, Tasktop Technologies, SparkFun www.catapultpr-ir.com Guy Murrel, Founder 13 Boulder, CO 80301 1999 2011 Rank: 10 METZGER ASSOCIATES $900,000 20 ASD Inc., HealthONE, Colorado Cleantech Industry 303-786-7000/303-786-7456 John P. Metzger, CEO 5733 Central Ave. $1,210,000 20 Association, Trackvia, AlsoEnergy, Liquid Compass www.metzger.com 1991 14 Boulder, CO 80301 2011 Rank: NR FRESH IDEAS GROUP INC. $830,000 8 Earthbound Farms, The J.M.Smucker Co., Whole Foods 303-449-2108/303-247-0058 Sylvia R. Tawse, Founder, 2400 Spruce St., Suite 100 $850,000 9 Market www.freshideasgroup.com President 15 Boulder, CO 80302 1997 2011 Rank: 9 SKETCHFOLIO $750,000 4 UnitedHealthcare, Avnet, LeaseRunner 303-847-4574/303-648-4187 Chris Thasiah, Principal, 890 West Cherry St., Suite 200 $600,000 6 www.sketchfolio.com Creative director 16 Louisville, CO 80027 1999 2011 Rank: NR MY ONE CALL LLC $742,112 2 Blue Sky Remodeling Inc., ActionCoach, Stellar Energy 303-500-3054 Mike Bayes, President 2016 Clipper Drive N/A 5 Contractors www.salesjumpstart.net 2003 17 Lafayette, CO 80026 2011 Rank: NR NUF SAID ADVERTISING INC. $740,000 5 Boulder Community Hospital, YMCA, Humane Society 303-665-8188/303-665-8288 Rick Chadwick, Director 2770 Dagny Way, Suite 210 $755,000 5 www.nufsaid.com 1994 18 Lafayette, CO 80026 2011 Rank: 11 MIGHTY FUDGE STUDIOS LLC $500,000 6 Wal-Mart, Earth Balance, Louisiana Purchase, GoGo SqueeZ, 303-442-0189/303-551-7426 Patrick Mallek, Partner 1017 Pearl St. N/A 6 Tandberg Data www.mightyfudgestudios.com Kimberly Mallek, Partner 19 Boulder, CO 80302 2004 2011 Rank: NR TOTAL SITE INC. $500,000 4 N/A 303-415-9404 Brian Hansen, President 1919 14th St. N/A N/A www.totalsite.com 1998 20 Boulder, CO 80302 2011 Rank: NR GRIFF/SMC INC. $500,000 3 N/A 303-443-7602/303-443-7605 Bob Griff, President 954 Pearl St. $350,000 3 www.griffsmc.com 1975 21 Boulder, CO 80302 2011 Rank: 18 CAROLYN WAGNER INC. $490,181 1 IQNavigator, Petroflow Energy, Terry's Toffee, Platinum 773-251-0942 Carolyn Wagner, President 327 Indian Peak Trail West $405,708 N/A Jewelry, Starbucks, Sony, Dell, International Truck, Hallmark www.carolynwagnerinc.com and Owner 22 Lafayette, CO 80026 2000 2011 Rank: NR TONIC MARKETING $250,000 7 American Outdoor Products (Backpackers Pantry, Colorado 303-817-2112 Julia M. Wieck, Owner/ 815 Alpine Ave. $186,000 7 Spice, Astronaut Foods), Werner Paddles, PastaVino N/A Creative Director 23 Boulder, CO 80302 2001 2011 Rank: NR DISH PUBLICITY & DISHWIRE $250,000 2 Black Cat: Farm Table Bistro, First Bite Boulder, Cured, 303-886-6260/303-625-1030 Kate Lacroix, Owner 1035 Pearl St., 4th Floor $115,000 2 Boxcar Coffee Roasters, Boulder Wine Merchant, Greenbriar www.thedishwire.com 2004 24 Boulder, CO 80302 Inn, Pica's Mexican Taqueria, Lucky's Market, Mateo, 2011 Rank: NR Radda, Comida RED WALL COMMUNICATIONS LLC $220,000 2 N/A 720-494-0916/720-494-0916 Dan Ditslear, Co-owner 1541 Chukar Drive $187,000 2 www.redwallcom.com Jean Ditslear, Co-owner 25 Longmont, CO 80504 2002 2011 Rank: 15 Researched by Mariah Gant N/A: Not available. * Second ranking criteria is number of employees. Source: Business Report Survey 13A13A13A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 13A

NREL from 11A energy program manager at GEO cooperative effort,” he said technology from NREL and contin- technology analysis,” Adams said. who attended the talk. Flores said The support for new clean tech ues to work with NREL engineers to “If you are looking for solutions that GEO often receives calls from Colorado businesses starts with improve it. about market size, market availabil- people who have business ideas or tech- the gleam in an entrepreneur’s eye. Another opportunity that the lab ity, places where you might want to nology that they want to test, and in the Anyone can visit the NREL web- provides is access to free market infor- put your business, where are the best past opportunities have been missed to site, www.nrel.gov, and find research mation. places to put solar and wind installa- help people or efforts were unknow- technology that is available to license “One thing that people may not tions, then go to our NREL website ingly being duplicated. “Now the GEO and turn into a business. That’s what recognize about the lab is that we have and take a look at our analysis reports has two people working with CREED Global Solar, a company based in more than 150 people working on anal- that are in there, all free and open to to raise awareness and to really have a Arizona, did. The company licensed ysis—market analysis, policy analysis, the public.”

CONSTRUCTION from 1A to help pay the cost for the parking The Broomfield Business Center Construction on Prasana, which apartments and 58 townhomes in garage and exterior features. The proj- LLC has approval to build 374 units is on U.S. Highway 287 north of the Steel Ranch South, a 17.3-acre prop- ect recently received support from the near the corner of Via Varra and S. 96th Good Samaritan Hospital, is expect- erty northwest of the Colo. 42 and Longmont Downtown Development St. Denver-based development group ed to begin soon, Kiken said. East South Boulder Road intersec- Authority, but terms of a develop- Etkin Johnson is behind the project. Both projects by Milestone are tion. The project has received pre- ment assistance package still are being Etkin Johnson is known for build- targeted for young professionals who liminary approval from Louisville worked out, Keith Burden said. ing commercial real estate and its commute to Boulder, Kiken said. Two and should get final approval from the extensive holdings throughout the other projects in Lafayette are going Louisville City Council in July. BROOMFIELD U.S. 36 corridor. The company for the senior market. The biggest boom is happening in believes conditions make it right to Boulder County Housing Author- BOULDER Broomfield, where 10 projects have try something new, vice president of ity has started work on the first phase Of course, the wave is not passing been approved or proposed, according development James Vasbinder said. of Josephine Commons, which will Boulder by. to the planning department. Collec- “It’s a phenomenon that’s happen- build 74 apartments for seniors near Trammel Crow Residential Co., a tively, they would add 3,183 apart- ing throughout the U.S. There’s been the corner of Dounce Street and Dallas-based builder and operator of ments to the market if they are built. a pent-up demand that was not satis- Brooks Avenue. The project ulti- multifamily residential projects, has AMLI Residential, a Chicago- fied over the past three or four years,” mately will have 153 units for seniors submitted plans with the city to build based company that develops multi- Vasbinder said. and low-income families. a 232-unit project on an 8.6-acre site family projects all over the country, Construction should begin in the Construction also is under way on in Gunbarrel. is leading the charge. AMLI already second quarter of 2012 and be fin- the Affinity at Lafayette, a 120-unit Developers have submitted a owns two projects in Broomfield, but ished in 18 months, Vasbinder said. independent living facility for seniors concept plan for the project, called has approval to build a third and his The other development under con- at 850 Baseline Road. Inland Group, The Alexan at Gunbarrel Flats. The submitted plans for a fourth. struction is a 272-unit project on a Spokane, Washington-based com- Alexan is a brand owned by Trammel The company has one project Arista Place. Denver-based develop- pany, is building the project. Crow. under construction, the 343-unit ment company Smith Jones Partners The project address is 5460 Spine AMLI at Interlocken, which is on is building it. LOUISVILLE Road. Interlocken Boulevard. RESEARCHThe boom also means a project is The buildings in the complex would AMLI also has submitted plans LAFAYETTE in the site review process in Louisville, be three stories and have tuck-under with the city to build 166 more one- Milestone Development is con- which has seen relatively little multi- parking, according to the Boulder Plan- and two-bedroom units in Arista, tinuing its activityc to the onorth in loradofamily construction in recent times. ning Department. The development next to the complex it owns at 8200 Lafayette, with approval to build a “There hasn’t been multifamily would include an outdoor pool, pool Arista Place. 240-unit development named “Prasa- residential going on in Louisville in 20 house, club house and fitness center. AMLI is not the only big name in na” next to the 264-unit Prana devel- years,” said Dave Waldner, a partner Additional projects are under way the local development scene to have a opment Milestone also built, partner in RMCS LLC. on 28th Street and are proposed for project going in Broomfield. Ken Kiken said. RMCS has plans to build 228 the east side of the city.

Publication Date: October 2012 Discoveries UNIVERSITIES, LABS & THE ECONOMY Spotlighting the economic impact of Colorado and Wyoming’s research universities, federal labs, and related industries. A comprehensive 24-32 page newspaper special section publishing in BCBR, WBR and NCBR exploring the Published annually with relationship between university laboratory research and the economic health of the region. ongoing monthly coverage under the header: Discoveries: Universities, Distribution - 25,000 copies: • 19,500 inserted in Boulder County • Copies distributed to research Labs and the Economy. • Copies distributed to every state Business Report, Northern universities Continued coverage will legislator and key state economic- Colorado Business Report and • Copies distributed through include follow-up to stories development and budgetary Wyoming Business Report. Colorado Office of International in the annual publication or officials Trade. new developments. Sponsored by:

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14A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com

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DOUG STORUM B. Scott Smith, left, gets the fist pump of approval from George Karakehian during a Now cocktail party in March held to introduce the Boulder County Business Hall of Fame’s Class of 2012. Smith, along with Charles “Chuck” Sisk, far right, will be among the Proudly six people inducted into the Hall of Fame April 25. Karakehian was inducted into the Serving Hall of Fame in 20l0. At his right is Kristen Karakehian and Virginia Caranci. Colorado’s Front Range! Hall of Fame induction luncheon set for April 25; six to be honored

50+ Years of Commitment to the Communities We Serve BY BUSINESS REPORT STAFF Sisk, a former mayor of Louisville, (and we’re just getting started) [email protected] is a partner at Hurth, Sisk & Blake- Broomfi eld and Longmont more LLP law firm in Boulder. LONGMONT — Tickets are on Smith is the founder, principal sale for The Boulder County Business and broker associate of The Colorado www.ssfcu.org Hall of Fame’s 20th annual induction Group commercial real estate broker- luncheon for the class of 2012. age, and has been involved in more The Hall of Fame honors people than $500 million in sales and leasing who have been instrumental, through transactions. business-related efforts, in providing Stow is an independent real estate direction, energy and support to the agent with Re/Max Real Estate. She shaping of Boulder County. has been president of the Longmont This year’s event will be from 11:30 Association of Realtors, on the board of 303-440-4950 a.m. to 1:30 p.m., Wednesday, April directors for the Colorado Association www.bcbr.com 25, at the Plaza Conference Center, of Realtors, and a representative to the green 1850 Industrial Circle, Longmont. National Association of Realtors. The Hall of Fame, located at the Nathan Thompson is chairman, BLENDINGsummit BUSINESS & THE ENVIRONMENT Plaza Hotel in Longmont, will honor chief executive officer and founder GREEN SUMMIT: JUNE 12, 2012 Millennium Harvest House Hotel Eugene Caranci, Charles Sisk, B. Scot of Spectra Logic Corp., a data storage 7:30 a.m. – 5:30 p.m. Smith, Diane Stow, Nathan Thomp- company in Boulder which employs Featuring: ECO-HEROES AWARDS son and Eric Wallace. more than 400 people worldwide Caranci is the former executive Eric Wallace is president and co- director of the Louisville Chamber founder of Left Hand Brewing Co. of Commerce, where he worked for in Longmont and president of the 22 years. Caranci was instrumental Colorado Brewers Guild. in establishing Avista Adventist Hos- Tickets are $55 per person and can pital, Coal Creek Golf Course, the be purchased online at www.bcbr. Tri-City Elks Lodge and Monarch com. Click on Events, then Boulder High School, all in Louisville. County Business Hall of Fame.

SO MANY LISTS The Boulder County Business Report’s Fifth Annual AVAILABLE New Green Summit is a full-day conference, including breakout sessions, exhibitors and a keynote Horizons speaker focusing on the need for businesses BCBR LISTS IN to become more balanced with the natural A sustainable environment. future starts NOW We provide a unique stage for leading local organizations to showcase the best products, services, and ideas that will make our community The new Western Disposal - EXCELCreate lists of sales - Sort companies by size or geography more efficient in their business practices. Achievement Awards will be contacts - Import data into your favorite contact presented during lunch For any questions on the event, or how your company can - Generate mailing lists management software The Eco Heroes Awards & the sponsor the Green Summit, please contact your sales rep today. To download, go to Best of Boulder Valley Green Visit our Web site for Green Summit updates and complete Buildings Awards: 3:30 – 5:30 event information! www.bcbr.com/GreenSummit www.bcbr.com 15A15A15A

April 13-26, 2012 | 15A

BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM 16A | Bank Notes BANKING & FINANCE 17A | Wealth-Management Firms Loan activity springing to life

Food and beverage, I think people are getting more positive about the Report: Small-business medical, software economy. Businesses are starting to feel more confident. lending up in Colorado It’s been a long, dry three years. Colorado banks have increased firms are borrowing their small-business lending by BETH POTTER Arlin Lehman $79.4 million since receiving capi- [email protected] DEVELOPER, INVESTOR, tal through Small Business Lend- LOUISVILLE ing Fund, according to a recent BOULDER — Bankers and bor- report by the U.S. Department rowers in the Boulder Valley are feeling of the Treasury. good, with March loan activity up as up in the double digits in the first ity increase builds on a record year in The fund, which was established much as 40 percent in some industry months of 2012 compared with the 2011 in which Chase saw a 24 percent as part of the Small Business Jobs segments, according to some bankers. same period in 2011. rise in loan volume, Coleman said. Act that President Obama signed Food and beverage companies in Lending activity at area JPMorgan Food and beverage, consulting and into law, encourages community the region are doing well in qualify- Chase & Co. bank branches is up 17 technology and medical and health- banks to increase their lending to ing for and obtaining loans, as are percent in 2012 compared with the care industry lending all have been small businesses to help them grow outdoor-industry companies, bankers first part of 2011, said Joe Coleman, strong, Coleman said. and create new jobs. said. Loans to health-care offices and Chase’s area manager for Northern “We’ve been pretty fortunate,” The Treasury invested more than software firms are strong sources of Colorado business banking, and senior Coleman said. $4 billion in 332 institutions, locat- revenue for other bankers. Commer- vice president for Boulder County and Chase helped Metron Farnier LLC ed in more than 3,000 communities cial real estate leases and sales activity the region. In Boulder and Broom- with a new line of credit recently in 48 states, through the fund. appear to be back on the rise after field counties, JPMorgan Chase’s 13 to help the Boulder water utility Nationwide, institutions par- stagnating in the last couple of years local bank branches are No. 1 in the and metering company grow, said ticipating in the fund significantly during the national recession. commercial banking market in terms Rod Ehlers, chief financial officer at increased small- business lending Local bankers declined to release of assets, with $1.79 billion in the Metron Farnier. Metron Farnier peri- in the last quarter of 2011 by $1.3 specific loan numbers, citing their second quarter of 2011, according to odically shops around for low interest billion over the prior quarter — proprietary nature as a competitive the Boulder County Business Report’s rates on lines of credit, Ehlers said. for a total of $4.8 billion over advantage in the market. However, 2012 Book of Lists. Software company Coalfire Sys- their baseline. several said lending has been picking Chase’s first quarter lending activ- ➤ See Loan, 18A JOBS Act inspires ‘crowd-funding incubator’

Metzger, Abdy expect ising companies, akin to the way people can donate money to sup- to capitalize on helping port a project on Kickstarter.com. startups find investors “There’s plenty of rule mak- ing left to be done, but I think it’s BY MICHAEL DAVIDSON a pretty historic milestone, and [email protected] something I’ve been waiting for for decades,” he said. BOULDER — A “crowd-fund- The goal of SSX is to help devel- ing incubator” has been launched op companies that will be appealing in Boulder to take advantage of to investors and help the startups recently passed legislation that find “gap funding” that will help could make it easier for entrepre- them survive until they can attract neurs to find investors. angel investment or venture capital, The Story Stock Exchange LLC, Metzger said. or SSX, will help mentor entrepre- The company also wants to help neurs and new companies in busi- good ideas get off the ground. MICHAEL MYERS ness development and capital for- John Metzger, founder of the Metzger Associates public relations firm in Boulder, “Honestly, we’re making invest- mation, introduce them to funders and Michael Abdy, founder of Tiforp Business Ventures in Boulder, formed Story ments in things that are worth and, eventually, create an exchange Stock Exchange LLC. The goal of SSX is to help develop companies that will be nothing. We want to turn nothing where investors can buy stakes in appealing to investors and help the startups find “gap funding” that will help them into something,” he said. the company. survive until they can attract angel investment or venture capital. Metzger said SSX already has John Metzger, founder of the started working with some compa- Metzger Associates public rela- Startups Act, or JOBS Act. Presi- ited investors.” Accredited investors nies and finding promising candi- tions firm in Boulder, and Michael dent Obama signed the bill into typically have to have individual dates and ideas that will be possible. Abdy, founder of Tiforp Business law April 5. net worths greater than $1 million “We come across them in our own Ventures in Boulder, are SSX’s co- One of the features of the act or income greater than $200,000 networks every day,” Metzger said. founders. is that it will open up new invest- per year. SSX will offer its assistance in The exchange will take advan- ment opportunities to companies Metzger believes the new rules exchange for a small equity stake, tage of regulatory changes inspired and potential investors who do not will allow a new type of investor to likely to be between 5 percent and by the Jumpstart Our Business meet the SEC standards of “accred- make small investments in prom- 10 percent, Metzger said. 16A 16A16A

16A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com Maternity-wear rental firm lauded at summit company in Erie, which rents getting their messages across to out- rior, a company that makes dating/ times untraditional Boulder. maternity wear to pregnant siders, he said. relationship software. Now that FirstBank of Colorado Awomen, was the overwhelm- “This was all about who appealed Vim Funding in Gunbarrel, a has had a branch open at Spruce ing crowd favorite at the Angel Capi- to the investing companies, and their crowd-funding company. Street and Broadway for a couple tal Summit 2012, held March 21-23 validity,” Adams said. Rockies Venture Club also made of months, I thought I’d get a few in Denver. Of the 20 companies which pre- every company that participated in details about the painted mural on Rockies Venture Club sponsored sented at the the summit sign up for a program to the brick wall next to the parking lot the event. The nonprofit group conference, 12 submit their company data for the next on the northeast side of the street. oversees separate investor network were from the four years, Adams said. He and others The colorful runners’ mural was groups in Boulder and Denver. Boulder region. in the club want to know how many painted in 1997 to pay tribute to the Each attendee at the angel event In addition to of them actually get the funding they 25th anniversary of running maestro received 10 $10,000 “Venture the maternity need to grow, how much money they Frank Shorter’s 1972 Olympic gold Bucks” — play money — to give to company, they raise, from where they get it, and how medal — an event credited with the entrepreneurial companies they included: many jobs they create, Adams said. starting the decades-long running thought would most deserve funding Blogmutt in While start-up companies disclose boom in the United States. in the real world, said Peter Adams, BANK NOTES Boulder, a com- more information, angel investors That year, Bolder Boulder orga- who heads the club and who helped Beth Potter pany that hires continue to fly under the radar screen nizers held a Frank Shorter celebra- organize the event. writers for blogs. – with virtually all of them locally tion in Boulder. They got the mural “Venture Bucks” winners received Distinctive Brands Inc. in Boul- keeping low profiles. painted and put up a statue of Short- real-world prizes, including email der, a company that makes beef Maybe one reason why: Angel er on the University of Colorado hosting help from SendGrid Inc. in jerky. investing recently was compared with campus at the race’s six-mile mark. Boulder, McAfee Anti-Virus soft- HOMER Energy in Boulder, a gambling in Las Vegas by prominent At the time, the building was ware help and marketing/blogging renewable-energy software company. angel investor Jeff Clavier. Palo Alto, a Bank of Boulder branch. Before help from Boulder-based BlogMutt. JetJaw in Boulder, a customer- California-based Clavier has favored being taken over by FirstBank, it Fashion Forward Maternity, start- relations software company. start-up companies in his career was home to FirsTier Bank, which ed by Erin Lewis in Erie, received Referzo in Boulder, a social- which were later bought out by the was based in Louisville. FirsTier was $980,000 in “Venture Bucks” of the network monetization software likes of Yahoo! and Twitter. taken over by the Federal Deposit $11 million that conference attend- company. Clavier was the guest speaker at Insurance Corp. on Jan. 28, 2011. ees handed out to the 20 presenting Rockit Media LLC in Boulder, a the Mile High Tech Entrepreneur- FirstBank market president Brian companies, Adams said. merchant-rewards system software ship Conference hosted by the Uni- Larson is really happy to have the Fashion Forward is growing company. versity of Colorado’s Silicon Flatiron location – it’s FirstBank’s first ever quickly and had $20,000 in revenue Siva Therapeutics Inc. in Boulder, Center in Boulder on March 22. in downtown Boulder and one of the in 2011, according to Lewis. a cancer-therapy company. few downtown Boulder businesses Start-up companies spend a lot of Sundolier Inc. in Boulder, a com- Frank Shorter mural with its own parking lot. time and money recruiting investors, pany that makes a solar product. If the angel investment communi- Adams said. The “Venture Bucks” TeraBAT Inc. in Longmont, a ty is about gambling, the traditional Beth Potter may be contacted at 303- play money was another way to show diagnostic-test company. banking world often is a keeper of a 630-1944 or via email at bpotter@ company founders how well they’re Tunomi Unlimited Inc. in Supe- community’s history, even in some- bcbr.com. Steer middle path to smooth retirement am retiring, and I can’t lose there is no potential for growth in provide a safe withdrawal rate of 4 As you move to the extremes on money now. your portfolio. Each year, your living percent annually. each end — really conservative or I The retirement process is expenses need to increase with infla- This amount can be increased really aggressive — you increase the overwhelming for most individuals tion, and bonds will not provide any each year for inflation. For example, probability of running out of money. and couples. Typically, you are tran- growth to com- As you get more aggressive, a couple sitioning from a steady paycheck to pensate for this. TYPICALLY, A DIVERSIFIED of bad years in the beginning can depending on accumulated wealth Second, there is derail your retirement. If you chose to provide a “retirement paycheck.” interest-rate risk. portfolio of stock and bond an extremely conservative portfolio, Understanding the complete If interest rates you run the risk of not having your retirement process is crucial to mak- rise, your port- mutual funds (ranging from portfolio keep up with inflation. ing a smooth transition from the cor- folio of bonds 40 percent stock funds If you have a moderate portfolio, porate or self-employed world to a could decrease you will have time for it to recover if long-lasting, sustainable retirement. in value. and 60 percent bonds to 80 the market drops. Typically, we plan The retirement process consists of The decrease for 30-year retirements, or to age 93. GUEST OPINION percent stocks and 20 per- many steps, each of which is impor- would be a Robert J. Pyle With a moderate portfolio, your big- tant: function of the cent bonds) will provide a gest risk is not that its value will go Asset consolidation: Consolidate average maturity of the bonds (lon- down and not recover, but that you your accounts as much as possible to ger maturity equals larger decrease safe withdrawal rate of could outlive your money. simplify the big picture. when interest rates rise) and the The retirement process is extreme- Quarterly account rebalancing: magnitude of the rise in interest 4 percent annually. ly complicated and can be very con- Maintain portfolio diversification rates. fusing. We encourage you to seek the and address cash needs for the Another common myth is that it’s professional help of a wealth advisor retirement paycheck. safe to just buy certificates of deposit if you have accumulated $2 million, who can engage your other advisors. Create a retirement paycheck: in your portfolio. This can work, but you can safely withdraw 4 percent This will make the process much Transfer cash generated from quar- you will need to accumulate 33 per- — $80,000 per year — with a diver- easier and smoother for you – so you terly rebalancing to a bank account. cent more before your retire if you sified investment portfolio. If you can ultimately enjoy retirement. One of the big myths about want to use this investment strategy only have CDs and money markets, retirement is that you simply put because the safe withdrawal rate for then you need $2,666,666 to with- Robert J. Pyle, CFP, CFA, is your portfolio in safe investments a portfolio of CDs is 3 percent. draw the same $80,000 annually. president of Boulder-based Diversified and “live off the interest.” When Typically, a diversified portfolio of In summary, you need to take Asset Management Inc., an investment pre-retirees make this statement, stock and bond mutual funds (rang- some risk, but not a lot. You need adviser registered with the Securities they’re usually referring to bonds. ing from 40 percent stock funds risk to have some growth in your and Exchange Commission. Pyle can There are two problems with and 60 percent bonds to 80 percent portfolio to keep up with the be reached at 303-440-2906 or rpyle@ only having bonds. The first is that stocks and 20 percent bonds) will increased living expenses each year. diversifiedassetmanagement.com. 17A17A17A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 17A BUSINESS WEALTH-MANAGEMENT FIRMS REPORT LIST (Companies in Boulder and Broomfield counties ranked by assets managed nationally.*)

Assets under management nationally 2012 Person in Charge RANK Assets Under management Website YearServices Founded Person in charge Prev. rank Company locally 2012 Phone/Fax Website Year Founded UBS FINANCIAL SERVICES INC. $2,600,000,000,000 www.ubs.com/branch/boulderby Complete financial services, including managed accounts, Peter Ford, Director and 1801 13th St., Suite 100 N/A 303-447-2940/303-441-5370 alternative investments, retirement plans, mutual funds, CDs, tax- Branch Manager 1 Boulder, CO 80302 exempt bonds, stocks, government securities, mortgages, general 1879 2011 Rank: 1 purpose loans. CHARLES SCHWAB & CO. INC. $1,740,000,000,000 www.schwab.com Full-service investment firm. Stuart Olsen, Branch 2480 Canyon Blvd., Building M, Suite M4 N/A 800-308-1486/303-448-3538 Manager 2 Boulder, CO 80302 1992 2011 Rank: 2 MERRILL LYNCH $1,480,000,000,000 www.ml.com All financial services. John Oliver, Resident 921 Walnut St. N/A 303-938-3900/303-938-3999 Manager 3 Boulder, CO 80302 1895 2011 Rank: 3 WELLS FARGO PRIVATE BANK $348,772,855,000 www.wellsfargo.com Full-brokerage services, wealth planning, investment management, Rick Nelson, Senior Vice 1801 13th St., Suite 200 $8,829,044,000 303-541-2020/303-541-2059 insurance, trust administration and private banking. President 4 Boulder, CO 80302 1852 2011 Rank: 4 IMPACT WEALTH ADVISORS LTD. $340,800,000,000 www.ImpactWealth.com Family wealth management, legacy and philanthropic planning, trust G. Anthony Harrigan, 1434 Spruce St., Suite 310 N/A 303-962-9232/303-962-9231 management. Retirement income, estate and financial planning, Managing Director 5 Boulder, CO 80302 retirement plans for business owners. 2008 2011 Rank: 5 WADDELL & REED INC. $90,000,000,000 www.waddell.com Investment account services, financial planning, annuities, life, Matt Byrne, Advisor 1200 28th St., Suite 200 N/A 303-444-8800/303-449-1018 disability, long-term care insurance. 1937 6 Boulder, CO 80303-1701 2011 Rank: NR ROBERT W. BAIRD & CO. $63,000,000,000 www.rwbaird.com Wealth management, public finance, investment banking, equity Shawn B. Smith, Branch 1301 Canyon Blvd., Suite 220 $425,000,000 303-786-7240/303-786-7234 research, institutional sales and trading, private equity and asset Office Manager, SVP 7 Boulder, CO 80302 management. 1919 2011 Rank: 6 COLORADO STATE BANK AND TRUST $34,200,000,0001 www.csbt.com Investment management, personal trust, estate administration, Aaron K. Azari, Vice 1505 Pearl St., Suite 105 $3,200,000,000 720-562-5520 private banking, institutional and corporate trust. Chairman and Market 8 Boulder, CO 80302 Executive 2011 Rank: 25 1908 THE MILLSTONE-EVANS GROUP OF $33,400,000,000 www.millstoneevans.com Detailed financial planning and individualized portfolio management. Greg Evans, First Vice RAYMOND JAMES & ASSOCIATES $275,000,000 303-402-6907/303-402-6908 President of Investments 9 1942 Broadway, Suite 400 1962 2011 Rank: 7 Boulder, CO 80302 WEBSTER INVESTMENT ADVISORS INC. $23,500,000,000 www.wiainfo.com Wealth management. Bob Webster, CEO 6684 Gunpark Drive, Suite 1500 N/A 303-530-7717/303-527-0365 1990 10 Boulder, CO 80301 2011 Rank: 8 FIRST NATIONAL WEALTH MANAGEMENT $15,000,000,000 www.1stnationalbank.com Financial planning, private banking, investment management, trust Jack Wolfe, Senior 1155 Canyon Blvd., Suite 100 $1,500,000,000 800-495-1293 and estate planning and comprehensive retirement plan Managing Director 11 Boulder, CO 80302 administration. 1942 2011 Rank: 9 AMG NATIONAL TRUST BANK $2,800,000,000 www.amgnational.com Investment management, personal financial management, trust Earl L. Wright, CEO, 1155 Canyon Blvd., Suite 310 N/A 888-547-8877/303-447-8822 administration, financial counseling, tax planning and preparation, Chairman 12 Boulder, CO 80302 philanthropic planning and donor advised funds, etc. 1975 2011 Rank: 11 CRESTONE CAPITAL ADVISORS LLC $861,185,330 www.crestonecap.com Investment strategy and management, estate and philanthropic Eric Kramer, CEO 1050 Walnut St., Suite 402 $630,398,088 303-442-4447/303-442-4587 planning, income-tax planning and reporting, financial and cash-flow 2001 13 Boulder, CO 80302 planning, and investment portfolio reporting. 2011 Rank: 12 SARGENT BICKHAM LAGUDIS LLC $683,222,500 www.sargentbickham.com Investment management and financial counsel. Brad Bickham, CEO, 1801 13th St., Suite 208 $546,447,764 303-443-2433/303-443-0254 Partner, Owner, CFA, CFP 14 Boulder, CO 80302 1988 2011 Rank: 13 BSW WEALTH PARTNERS $650,000,000 www.bsw.com Independent, fee-only boutique firm working with affluent families Debi Baydush, Principal 2336 Pearl St. $650,000,000 303-444-9696/303-444-8585 and individuals to grow money and solve problems. 1992 15 Boulder, CO 80302 2011 Rank: 14 INVESTORS INDEPENDENT TRUST CO. $362,000,000 www.iitc.com Investment management, financial counseling, personal trust Herbert McPherson, CEO, 507 Canyon Blvd. $362,000,000 303-444-9060/303-444-2301 administration, estate settlement, charitable trust management, President 16 Boulder, CO 80302-5029 special needs trust management, escrow services. 1996 2011 Rank: 15 FIRST WESTERN TRUST BANK | BOULDER $322,660,000 www.fwtb.com Wealth-management service, including wealth planning, investment Nancy Stevens, 1155 Canyon Blvd., Suite 300 $275,000,000 303-441-9400/303-441-9450 management, banking, trust, as well as mortgages, risk Chairwoman 17 Boulder, CO 80302 management, retirement consulting, 401(k) and business banking. Matt Gorr, President 2011 Rank: 10 2004 MERIDIAN WEALTH MANAGEMENT $250,000,000 www.meridianteam.com Portfolio management and retirement planning. David Hansen, Managing 5377 Manhattan Circle, Suite 203 $250,000,000 720-274-1656/720-274-1663 Director 18 Boulder, CO 80303 2005 2011 Rank: 16 PEAK ASSET MANAGEMENT LLC $202,000,000 www.peakam.com Wealth management, portfolio management, financial planning. Terrance W. Hefty, Founder 1371 E. Hecla Drive, Suite A $101,000,000 303-926-0100/303-926-0098 1994 19 Louisville, CO 80027 2011 Rank: 17 DANIEL M. DAY & ASSOCIATES $165,000,000 www.danday.com Fee-based financial and wealth-management planning. Daniel M. Day, ChFC, CLU, 2060 Broadway, Suite 310 $165,000,000 303-444-8840/303-444-6796 Northwestern Mutual Wealth Management Co. adviser. CLTC 20 Boulder, CO 80302 1981 2011 Rank: 18 COLORADO CAPITAL MANAGEMENT INC. $150,000,000 www.coloradocap.com Investment management, financial planning. Steven Ellis, President 4430 Arapahoe Ave., Suite 120 $130,000,000 303-444-9300/303-444-2027 2000 21 Boulder, CO 80303 2011 Rank: 21 CORNERSTONE INVESTMENT ADVISORS $138,400,000 www.cstoneinvest.com Portfolio and trust management, financial and retirement planning, Dennis Channer, CPA, CFP, LLC $138,400,000 303-545-5400/303-545-5640 education funding and charitable giving strategies, risk management AEP 22 1728 16th St., Suite 201 and tax strategies. 2001 2011 Rank: 20 Boulder, CO 80302 PARAGON CAPITAL WEALTH $118,000,000 www.lpl.com Proactive and disciplined investment management in Global Equities, Steven Pastore, Founding MANAGEMENT LLC $118,000,000 303-443-1510/303-443-1575 ETFs, mutual funds, commodities, currencies and REITs. Retirement Principal 23 1426 Pearl St., Suite 200 planning and execution, etc. 2004 2011 Rank: 19 Boulder, CO 80302 AMERICAN EXPRESS FINANCIAL ADVISORS $80,000,000 www.ameripriseadvisors.com/charles.g.parr Comprehensive planning, family wealth planning, investment Gregory Parr, CFP 4440 Arapahoe Ave., Suite 120 $80,000,000 303-442-0123 management, retirement transition consulting 1987 24 Boulder, CO 80303 2011 Rank: NR DIVERSIFIED ASSET MANAGEMENT INC. $53,350,929 www.diversifiedassetmanagement.com Wealth-management and retirement planning for executives, small- Robert Pyle, CFP, CFA 1113 Spruce St. $53,350,929 303-440-2906 business owners and retirees. 1996 25 Boulder, CO 80302 2011 Rank: 23 Researched by Beth Edwards *Second ranking criteria is assets managed nationally. N/A: Not available.1 Assets under administration of parent company BOK Financial NA. Source: Business Report Survey 18A 18A18A

18A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com

LOAN from 15A tems Inc. also has taken advantage of a the Boulder market. Companies with programs, including line-of-credit pro- according to the BCBR Book of Lists. line of credit from Chase to finance its strong sales that change throughout grams, for doctors, Nicholls said. BBVA At FirstBank of Colorado, local growth, said Alex Ferguson, execu- the seasons – such as snow-sports Compass ranked No. 5 in the local offices saw a 40 percent increase tive vice president and co-founder companies — are ones he often can commercial bank market, with $62.7 in total residential and commercial of the Boulder company. Coalfire help, Gomulinski said. Vectra Bank’s million in assets at its four local banks, booked loans in March, said Brian is growing about 20 percent to 30 four regional offices ranked No. 14 in according to the BCBR Book of Lists. Larson, Boulder market president of percent year over year, and has credit- the local commercial bank market, “It’s a strong group that we would FirstBank of Colorado. Of that, mort- worthy institutional clients such as with $2.27 million in assets, accord- like to be a part of,” Nicholls said of gage activity was up 54 percent on the publicly traded firms and government ing to the BCBR Book of Lists. the local medical industry. residential loan side and 19 percent on agencies, but still likes the financial Doctors’ and dentists’ offices are BBVA Compass also has seen big the commercial loan side, Larson said. stability of the line of credit, he said. another important area for bankers success recently in real estate mort- “It feels like there’s more business “They have done a nice job of sup- who focus on lending, said Ross Nich- gages, as has FirstBank of Colorado’s out there,” Larson said. “There’s more porting us as we were growing organi- olls, commercial banking group vice Boulder branches, and Wells Fargo’s demand.” cally,” Ferguson said. president at BBVA Compass’s Boulder local bank branches. FirstBank ranked Locally, FirstBank saw a 40 percent Vectra Bank Colorado’s Boulder office. Since growth is expected in the No. 10 in the local commercial bank increase in total booked mortgage loans office has seen similar line-of-credit health-care industry in the coming market with 12 branches and $11 in March – a 54 percent increase on the growth with outdoor industry com- years as the baby boomer generation million in assets; Wells Fargo ranked residential loan side and a 19 percent panies, said Gary Gomulinski, vice continues to age, banks such as BBVA No. 2 in the local market, with 14 increase on the commercial loan side, president for commercial banking in Compass have created special loan branches and $1.1 billion in assets, Larson said. There’s still quite a bit of refinancing going on to take advantage of lower interest rates, he said. But real May 24, 2012 estate sales are picking up as well. “We’re very pleased. We have plen- MERCURY ty of money to lend, and we’re doing our best to get it out into the com- munity,” Larson said. Wells Fargo’s local banking offic- es have seen an almost 40 percent increase in pending loan requests 100 throughout the first quarter of 2012, said Bill Farrell, Boulder market presi- dent. March was one of the best loan months ever in closed loans, Farrell said. Wells Fargo is the No. 1 bank in the Boulder market, based on deposits reported to the BCBR Book of Lists. “It’s quite encouraging to us. Wells Fargo stands ready probably to do things that other banks can’t or won’t,” Farrell said. Commercial real estate leasing activity also has picked up, said John Yarberry, senior vice president of commercial real estate for the region- al Wells Fargo market. Commercial real estate leasing and lending often is a strong predictor of where other industries are headed, Farrell said. “Vacancy rates have been coming down. It’s not a large decline, but there’s an improvement,” Yarberry said. “Boul- der County, and particularly Boulder Celebrating the proper, has always been really strong. It’s pockets of areas. Certainly it will in Boulder be different in the Interlocken business FASTEST-GROWING park (in Broomfield) than on the Pearl Street Mall (in Boulder.)” and Broomfield Private investors also are see- ing banks being more willing to lend PRIVATE COMPANIES Counties! money, said Arlin Lehman, who heads Don’t miss out on the opportunity a private investor group of about 20 that Become a Sponsor TODAY Mercury 100 presents the does business with Wells Fargo. 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The investor group has bro- Plaza Hotel and Conference Center, 1850 Industrial Circle, Longmont, CO ken up larger leased spaces of about Join these Mercury 100 sponsors. Contact Kevin Loewen at [email protected] for sponsorship opportunities. 4,000 square feet into spaces of 2,000 square feet and less, and companies EVENT ARCHITECT AND PRODUCER: PRIMARY SPONSOR: BRONZE SPONSORS: TWITTER SPONSOR: MARKETING SPONSORS: Register at are responding, Lehman said. BCBR.com “I think people are getting more $39 positive about the economy. Busi- nesses are starting to feel more confi- dent,” Lehman said. “It’s been a long, CHAMPAGNE SPONSOR BCBR’S 2012 MERCURY 100 EVENT IS FLATIRONS BANK. dry three years.” 19A19A19A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 19A FOR THE RECORD FARGO BANK, AMOUNT DUE: BORROWER: KATHLEEN M & Bankruptcies Foreclosures Judgments $179908. CASE #3207501. 3/5/2012. ROBERT J CRAUN, 14421 N DEBTOR: DENNIS H HAMANN, 115TH ST, LONGMONT. LENDER: Applications for bankruptcy Includes notices of election Judgments constitute deci- BORROWER: RUBY SANCHEZ, CREDITOR: DISCOVER BK. DEUTSCHE BANK NATIONAL TRUST protection are filed with the and demand filed by credi- sions by a court of law 1430 SPENCER ST, LONGMONT. AMOUNT: $14998. CASE #C-10C- C, AMOUNT DUE: $324026. CASE LENDER: BANK NEW YORK MEL- 004873. DATE: 3/1/2012. U.S. Bankruptcy Court in tors alleging default on a against an individual or #3207498. 3/5/2012. Denver. Chapter 7 denotes debt. Foreclosures are not corporation for payment of LON TRUSTEE, AMOUNT DUE: DEBTOR: DEBORAH A WOLF, $137621. CASE #3208038. 3/7/2012. BORROWER: ETHAN T MARLATT, CREDITOR: WAKEFIELD ASSOC INC. filings made for liquidation. final until a Public Trustee’s monetary damages. 945 5TH AVE, LYONS. LENDER: BORROWER: REGAN ROSBURG, AMOUNT: $1017.79. CASE #C-10C- Chapter 11 indicates filings Deed has been issued. AURORA BANK FSB, AMOUNT Warranty Deeds 1508 ATWOOD ST, LONGMONT. 005534. DATE: 3/9/2012. for reorganization. Chap- DUE: $259300. CASE #3206292. State Tax Liens Transfers property while LENDER: JPMORGAN CHASE DEBTOR: CAROLYN M BARTLETT, ter 13 indicates filings that 2/29/2012. Judgments filed against guaranteeing a clear title BANK NATIONAL A, AMOUNT DUE: CREDITOR: CITIBANK. AMOUNT: $0. enable petitioners to pay off $146400. CASE #3207232. 3/4/2012. BORROWER: DAVID C & KENDRA CASE #C-09C4905. DATE: 3/8/2012. assets of individuals or free of any encumbrances L MOTSINGER, 341 TAYLOR RD, their creditors over three to BORROWER: JAMES S KYLE, businesses with delinquent that are not listed on the LYONS. LENDER: BANK AMERICA, Broomfield County five years. 1121 VENICE ST, LONGMONT. taxes. deed. AMOUNT DUE: $190245. CASE DEBTOR: ANDREA MARGHEIM, LENDER: LIBERTY SAVINGS BANK CREDITOR: MAIN STREET ACQUISI- This information is obtained from SKLD Information Services. #3207231. 3/4/2012. FSB, AMOUNT DUE: $26054. CASE TION CORP. AMOUNT: $10934.6. #3206666. 3/1/2012. Broomfield County CASE #C-11C1877. DATE: 3/5/2012. BORROWER: JOHN M KALKHORST, BORROWER: ANTHONY F & GER- 2226 JUDSON ST, LONGMONT; BORROWER: JAMES S JUNGE, DEBTOR: THANH C NGUYEN, BANKRUPTCIES 620 GAY ST, LONGMONT. LENDER: ALDINE D MIESZALA, 2100 RIDGE CASE #2012-15033, DATE FILED: 1669 COAL CRK DR, LAFAYETTE. CREDITOR: CAPITAL ONE. AMOUNT: BANK NEW YORK MELLON TRUST- DR, BROOMFIELD. LENDER: WELLS Boulder County 3/17/2012. LENDER: INTERIM CAPITAL LLC, $5346.84. CASE #C-07C885. DATE: EE, AMOUNT DUE: $301058. CASE FARGO BANK, AMOUNT DUE: Chapter 7 AMOUNT DUE: $250000. CASE 3/5/2012. VINCENT WILLIAM DICKSTEIN, #3207822. 3/6/2012. $90755. CASE #2667. 3/5/2012. NICOLAS ANGUIANO, 311 W CAN- #3206676. 3/1/2012. 624 PINE STREET, LOUISVILLE; DEBTOR: THANH C NGUYEN, NON ST, LAFAYETTE; CASE #2012- BORROWER: LARRY WINDELL, BORROWER: MITCHELL K YAR- CASE #2012-15047, DATE FILED: BORROWER: STEVEN & JAYMIE CREDITOR: TRI ST PROPERTIES 14533, DATE FILED: 3/13/2012. 832 GAY ST, LONGMONT. LENDER: ZEBINSKI, 830 MIRAMONTE BLVD, 3/19/2012. THORNE, 1031 MAHLON CT, LAFAY- INC. AMOUNT: $0. CASE #. DATE: DEUTSCHE BANK NATIONAL TRUST BROOMFIELD. LENDER: US BANK VANCURT JAY QUEZADA, ETTE. LENDER: BANK NEW YORK 3/9/2012. KATHLEEN GAIL WAUGH, PO BOX C, AMOUNT DUE: $185945. CASE NATIONAL ASSOCIATION, AMOUNT 705 S PUBLIC RD, LAFAYETTE; MELLON TRUSTEE, AMOUNT DUE: 270723, LOUISVILLE; CASE #2012- #3208039. 3/7/2012. DUE: $289614. CASE #3185. DEBTOR: THANH NGUYEN, CREDI- CASE #2012-15188, DATE FILED: $200538. CASE #3206671. 3/1/2012. 14598, DATE FILED: 3/13/2012. 3/18/2012. TOR: CITIBANK. AMOUNT: $0. CASE 3/20/2012. BORROWER: FRANCIS C & HEATH- BORROWER: RAYMOND L & CATH- #C-09C572. DATE: 3/9/2012. BRIDGET C MARTINEZ, 353 PEER- ER V HOGAN, 941 ALTA ST, LONG- BORROWER: SHANE B POULSEN, SHERYL LYNN FISHER, 705 S PUB- ERINE K PRICE, 900 MERLIN DR, LESS ST, LOUISVILLE; CASE #2012- MONT. LENDER: WELLS FARGO 660 NICKEL ST, BROOMFIELD. DEBTOR: RANDALL A HAHN, LIC RD, LAFAYETTE; CASE #2012- LAFAYETTE. LENDER: BANK AMER- 15125, DATE FILED: 3/19/2012. BANK, AMOUNT DUE: $62150. CASE LENDER: GMAC MORTGAGE LLC, CREDITOR: FIRST RESOLUTION 15050, DATE FILED: 3/19/2012. ICA, AMOUNT DUE: $151699. CASE #3206294. 2/29/2012. AMOUNT DUE: $139803. CASE INVEST CORP. AMOUNT: $0. CASE ALICIA POMEROY BONSETT, #3207499. 3/5/2012. MELISSA DENISE BIRMINGHAM, #2660. 3/4/2012. #C-02C00987. DATE: 3/9/2012. 122 PEREGRINE LN, LYONS; BORROWER: AUDREY N LUTZ, 4 5 W CORNWELL CT, LAFAYETTE; BORROWER: SIAN IRELAND, CASE #2012-14525, DATE FILED: CURTIS PL, LONGMONT. LENDER: BORROWER: JAMES R G & ANGELA DEBTOR: MITCHELL YARZEBIN- CASE #2012-15191, DATE FILED: 792 GATEWAY CIR, LAFAYETTE. 3/13/2012. WELLS FARGO BANK, AMOUNT T HATCHER, 1020 STONEHAVEN SKI, CREDITOR: WAKEFIELD ASSOC 3/20/2012. LENDER: GMAC MORTGAGE LLC, DUE: $160395. CASE #3206668. AVE, BROOMFIELD. LENDER: INC. AMOUNT: $358.97. CASE SHARON K NELSON, PO BOX 605, AMOUNT DUE: $179960. CASE MARIA MONICA MEDINA, 3/1/2012. DEUTSCHE BANK NATIONAL TRUST #C-06C-000573. DATE: 3/7/2012. NIWOT; CASE #2012-14528, DATE #3206291. 2/29/2012. 2338 BOWEN ST, LONGMONT; C, AMOUNT DUE: $248000. CASE FILED: 3/13/2012. BORROWER: M JENNIFER POLL- DEBTOR: BRANDI SZAKMARY, CASE #2012-14558, DATE FILED: BORROWER: ROBERT J KENNEY, #2659. 3/4/2012. MAN, 352 COLLYER ST, LONGMONT. CREDITOR: GSTALDER LAW FIRM 3/13/2012. CHONG BONG LEE, 2600 S 258 CASPER DR, LAFAYETTE. LEND- LENDER: BANK AMERICA, AMOUNT BORROWER: DALE M WEBEL, 3224 LTD. AMOUNT: $6735.11. CASE ROCK CREEK PKWY, SUPERIOR; ER: DEUTSCHE BANK NATIONAL LEONARD ROSS STEINMAN, 1124 DUE: $132804. CASE #3206674. W 135TH AVE, BROOMFIELD. LEND- #C-2011C438. DATE: 3/5/2012. CASE #2012-14756, DATE FILED: TRUST C, AMOUNT DUE: $191025. SUMNER STREET, LONGMONT; 3/1/2012. ER: BANK AMERICA, AMOUNT DUE: 3/14/2012. CASE #3206295. 2/29/2012. CASE #2012-14758, DATE FILED: $205735. CASE #2966. 3/11/2012. JUDGMENTS BORROWER: LAUREANO SIFUEN- 3/14/2012. BORROWER: ALLAN C & BETTY Chapter 13 TES, 10 S BUSCH LN, LONGMONT. BORROWER: KEVIN R & MONICA J Boulder County A SCARPELLA, 826 W DAHLIA CT, DANNY ALLEN DENEAU, 1745 ROBERT LOUIS KASTANEK, LENDER: AUORA BANK FSB, LOSEY, 3123 W 133RD AVE, BROOM- DEBTOR: RICHARD SUMERFEILD, LOUISVILLE. LENDER: DEUTSCHE PRESTON DR, LONGMONT; 4410 LARIAT WAY, BOULDER; AMOUNT DUE: $178729. CASE FIELD. LENDER: CITIMORTGAGE CREDITOR: BC SERVICES INC. BANK NATIONAL TRUST C, CASE #2012-14599, DATE FILED: CASE #2012-14654, DATE FILED: #3206673. 3/1/2012. INC, AMOUNT DUE: $191865. CASE AMOUNT: $1393.48. CASE #C-11C- AMOUNT DUE: $319629. CASE 3/13/2012. 3/14/2012. #2830. 3/7/2012. 001875. DATE: 3/9/2012. #3206667. 3/1/2012. BORROWER: DELORES M BREN- BETH MARTINEZ MARTINEZ, 1441 LESLIE ALEXANDER WADE, 840 NAN, 1410 BURLINGTON DR, LONG- BORROWER: DEBORAH S BENT- DEBTOR: REBECCA KIJEWSKI, BORROWER: MORRIS LEE RIT- EMORY ST APT 201, LONGMONT; GRANDVIEW MEADOWS, LONG- MONT. LENDER: WELLS FARGO LEY, 3725 SHEFIELD DR, BROOM- CREDITOR: LIBERTY ACQUISITIONS TERBUSH, 4639 CHESTNUT LN, CASE #2012-14610, DATE FILED: MONT; CASE #2012-15471, DATE FINANCIAL COLORADO, AMOUNT FIELD. LENDER: GREAT WESTERN SERVICING. AMOUNT: $1954.76. BOULDER. LENDER: BANK AMERI- 3/13/2012. FILED: 3/22/2012. DUE: $157099. CASE #3207234. BK, AMOUNT DUE: $17587. CASE CASE #C-12C-000731. DATE: CA, AMOUNT DUE: $184173. CASE 3/4/2012. #2934. 3/8/2012. 3/9/2012. REYNE M HARRISON, 1408 ERIC ALLEN UMHOLTZ, 2727 NEL- #3206293. 2/29/2012. SON RD APT M203, LONGMONT; MONARCH DR, LONGMONT; BORROWER: PAULA PEARLMAN, BORROWER: JACQUELINE A & WIL- DEBTOR: REC GROUP INC, BORROWER: LORI K LAINGOR, CASE #2012-15048, DATE FILED: CASE #2012-15487, DATE FILED: 3863 OAKWOOD DR, LONGMONT. LIAM K BARNETT, 12228 YATES CT, CREDITOR: JWRE LLC. AMOUNT: 3510 LEE HILL DR, BOULDER. LEND- 3/19/2012. 3/22/2012. LENDER: NATIONSTAR MORTGAGE BROOMFIELD. LENDER: LXS 2005 $336354.53. CASE #D-11CV-000463. ER: BANK AMERICA, AMOUNT DUE: LLC, AMOUNT DUE: $202400. CASE 5N, AMOUNT DUE: $267261. CASE DATE: 3/6/2012. CHAD MICHAEL ALBERTS, TINA MARIE TRUJILLO, 1637 $302678. CASE #3207823. 3/6/2012. #3207819. 3/6/2012. #2789. 3/6/2012. 4761 TANTRA DRIVE, BOULDER; CEDARWOOD DRIVE, LONGMONT; DEBTOR: ANGELA MORENO, BORROWER: CYNTHIA CARO- CASE #2012-14643, DATE FILED: CASE #2012-14968, DATE FILED: BORROWER: RON P & KYM MONA- BORROWER: KARIN M & TODD A CREDITOR: PREMIER MEM- SELLA, 880 GILPIN DR, BOULDER. 3/13/2012. 3/16/2012. CELLI, 2507 22ND DR, LONGMONT. EISENMENGER, 3712 DESERT WIL- BERS FED CREDIT UNI. AMOUNT: LENDER: WELLS FARGO BANK, LENDER: WELLS FARGO BANK, LOW AVE, BROOMFIELD. LENDER: $9506.46. CASE #C-11C-001774. HANNAH KOZLOFF, 30 SOUTH FRANK S ALBILLAR, 1100 E AMOUNT DUE: $341136. CASE AMOUNT DUE: $303649. CASE BANK AMERICA NA SBM, AMOUNT DATE: 3/6/2012. 35TH STREET, BOULDER; CASE 17TH AVE APT K203, LONGMONT; #3206670. 3/1/2012. #3207250. 3/4/2012. DUE: $201495. CASE #2513. #2012-15123, DATE FILED: CASE #2012-15399, DATE FILED: BORROWER: MICHAEL P HICK- 2/29/2012. DEBTOR: PATRICIA M FEZLER, 3/19/2012. 3/22/2012. BORROWER: TERRY FLACH, EY, 4555 APACHE RD, BOULDER. CREDITOR: PREMIER MEM- 7406 PARK LANE RD, LONGMONT. BORROWER: VIDAL SANCHEZ, ELIZABETH M JOHNSON, 845 34TH MICHAEL PETER KOVINCHICK, LENDER: JPMORGAN CHASE BERS FED CREDIT UNI. AMOUNT: LENDER: US BANK NA TRUSTEE, 4284 THORNDYKE PL, BROOM- STREET, BOULDER; CASE #2012- 5378 REMINGTON AVENUE, LONG- BANK NATIONAL A, AMOUNT DUE: $28616.92. CASE #D-11CV-000607. AMOUNT DUE: $279680. CASE FIELD. LENDER: FREEDOM MORT- 15097, DATE FILED: 3/19/2012. MONT; CASE #2012-15006, DATE $134935. CASE #3207503. 3/5/2012. DATE: 3/7/2012. FILED: 3/16/2012. #3208037. 3/7/2012. GAGE CORP, AMOUNT DUE: ERIC T LOVE, 3850 PASEO DEL BORROWER: JOSEPH & MEGHAN $202960. CASE #2992. 3/12/2012. DEBTOR: BRETT T CRALL, BORROWER: RICARDO STE- PRADO #9, BOULDER; CASE #2012- Broomfield County MCGOWAN, 1480 UPLAND AVE, CREDITOR: MIDLAND FUNDING VEN OROZCO, 117 CHINOOK PL, BORROWER: STEVEN P & ANGE- 14898, DATE FILED: 3/16/2012. Chapter 7 BOULDER. LENDER: DAVID ALAN LLC. AMOUNT: $21555.06. CASE LONGMONT. LENDER: EVERBANK, LA S LARSEN, 4703 RAVEN RUN, ANTHONY JR SARNO, 13856 LEG- YAFFE, AMOUNT DUE: $2000000. #D-11CV-000692. DATE: 3/7/2012. ALEJANDRO JOSE FLORIPE, 1122 AMOUNT DUE: $157033. CASE BROOMFIELD. LENDER: EVER- END TRAIL #101, BROOMFIELD; CASE #3206675. 3/1/2012. PORTLANDPL APT 206, BOULDER; #3206669. 3/1/2012. BANK, AMOUNT DUE: $292135. DEBTOR: ANDREA H HUTCHIN- CASE #2012-15412, DATE FILED: CASE #2012-14602, DATE FILED: BORROWER: GARY REHN, 860 CASE #3016. 3/12/2012. SON, CREDITOR: MILLENNIUM 3/22/2012. 2000 RECOVERY INC. AMOUNT: 3/13/2012. TOEDTLI DR, BOULDER. LENDER: BORROWER: ELEAZAR S & ALMA D BORROWER: MELISSA & ANDREW THOMAS DAVID JAMES, 2770 JPMORGAN CHASE BANK NATION- SOTO, 38 KODIAK CT, LONGMONT. $2485.13. CASE #C-11C-005800. JESSE SHAWN KRANSKY, 5000 J ARTZER, 16417 AVALANCHE RUN, OVERLOOK DR, BROOMFIELD; AL A, AMOUNT DUE: $213863. CASE LENDER: BANK AMERICA, AMOUNT DATE: 3/6/2012. BUTTE STREET #264, BOULDER; BROOMFIELD. LENDER: BANK NEW CASE #2012-14663, DATE FILED: #3208040. 3/7/2012. DUE: $196271. CASE #3207824. CASE #2012-14587, DATE FILED: YORK MELLON, AMOUNT DUE: DEBTOR: ANA I & JUAN CARMO- 3/14/2012. 3/6/2012. 3/13/2012. BORROWER: GWYNN WOLFSTAR, $353055. CASE #2740. 3/5/2012. NA, CREDITOR: BC SERVICES INC. DAVID LAWRENCE SABELL, 326 PONDEROSA WY, NEDER- BORROWER: JEFF B & CHAR- AMOUNT: $1646.41. CASE #C-11C- WAYNE ELLIOTT KENNEDY, 1365 RELEASE 14035 DOGLEG LN, BROOMFIELD; LAND. LENDER: DEUTSCHE BANK ITY L MALM, 1524 LARK BUNTING 001464. DATE: 3/9/2012. LOMBARDI ST, ERIE; CASE #2012- CASE #2012-14885, DATE FILED: NATIONAL TRUST C, AMOUNT DUE: PL, LONGMONT. LENDER: WELLS OF JUDGMENT 14680, DATE FILED: 3/14/2012. DEBTOR: HIYASMIN C OSTROWS- 3/16/2012. $461310. CASE #3207820. 3/6/2012. FARGO BANK NA TRUSTEE, Boulder County KI, CREDITOR: CAPITAL ONE BK TIMOTHY JAMES PIOWATY, 255 AMOUNT DUE: $251113. CASE DOUGLAS G PULLIAM, 12194 BORROWER: ARCHIE T & CAROL DEBTOR: GARY D ENYART, USA. AMOUNT: $9357.21. CASE BAKER LN, ERIE; CASE #2012- #3207821. 3/6/2012. SUNFLOWER ST, BROOMFIELD; LYNN F BROWN, 12570 UTE HWY, CREDITOR: CAPITAL ONE BK #C-12C-000595. DATE: 3/6/2012. 15278, DATE FILED: 3/20/2012. USA. AMOUNT: $6273.81. CASE CASE #2012-14924, DATE FILED: LONGMONT. LENDER: JPMOR- BORROWER: DANA L & DAVID G DEBTOR: PAIN PARTNERS MD #C-11C5906. DATE: 3/1/2012. ALICIA BRIANE MANZANARES, 3/16/2012. GAN CHASE BANK NATIONAL A, VANDEBURGT, 621 HILLTOP ST, LLC, CREDITOR: VECTRA BK 2855 BLUE SKY CIR #102, ERIE; AMOUNT DUE: $137434. CASE LONGMONT. LENDER: WELLS KELLY MELISSA SULLIVAN, 17 DEBTOR: RECORD OWNER, COLO. AMOUNT: $100119.18. CASE CASE #2012-14535, DATE FILED: #3207502. 3/5/2012. FARGO BK, AMOUNT DUE: $212761. E 14TH PLACE, BROOMFIELD; CREDITOR: ARROW FIN SERVICES #D-11CV-008355. DATE: 3/9/2012. 3/13/2012. CASE #3206296. 2/29/2012. LLC. AMOUNT: $0. CASE #. DATE: CASE #2012-15141, DATE FILED: BORROWER: JAMIE JACKSON, DEBTOR: BRANDIE JENSEN, 3/19/2012. 2179 FRONTIER ST, LONGMONT. BORROWER: SHANNON MARIE 3/7/2012. SIMEON PAUL MORGANTE, 106 CREDITOR: LIBERTY ACQUISI- LENDER: WELLS FARGO BANK, & CARL ANDREW GREEN, 722 8TH AVE, LONGMONT; CASE #2012- GERALD HUNVALD, 10934 W 102ND DEBTOR: CHRISTINA M BORG- TIONS SERVICING. AMOUNT: AMOUNT DUE: $190184. CASE TENACITY DR UNIT A, LONGMONT. 15361, DATE FILED: 3/21/2012. CIR, BROOMFIELD; CASE #2012- MANN, CREDITOR: HSBC BK $1298.98. CASE #C-11C-006072. #3206672. 3/1/2012. LENDER: JPMORGAN CHASE 15242, DATE FILED: 3/20/2012. NEVADA. AMOUNT: $0. CASE DATE: 3/9/2012. BLAS TORRES ORTEGA, 1745 BANK NATIONAL A, AMOUNT DUE: BORROWER: ERNEST R OWEN, 335 #C-10C2418. DATE: 3/8/2012. ATWOOD STREET, LONGMONT; Chapter 13 $178972. CASE #3206665. 3/1/2012. DEBTOR: JAN GOTLEN, CREDI- EMERY DR, LONGMONT. LENDER: TOR: LIBERTY ACQUISITIONS SER- CASE #2012-14994, DATE FILED: JIMMIE SCOTT GREEN, 1967 DEBTOR: DOLLAR ZONE LLC, JPMORGAN CHASE BANK NATION- BORROWER: TAMELA ADAMS, 2235 VICING. AMOUNT: $2883.38. CASE 3/16/2012. DEXTER STREET, BROOMFIELD; CREDITOR: ADLP UA LLC. AMOUNT: AL A, AMOUNT DUE: $133989. CASE WATERSONG CIR, LONGMONT. #C-12C-000679. DATE: 3/9/2012. CASE #2012-14737, DATE FILED: $26100.11. CASE #C-07CV-002321. DANIEL EUGENE CARLOCK, #3207500. 3/5/2012. LENDER: COLORADO HOUSING DATE: 3/8/2012. 738 SUMNER ST, LONGMONT; 3/14/2012. FINANCE AUTHO, AMOUNT DUE: DEBTOR: DENISE RODRIGUEZ, BORROWER: GARY L HARDIN, 1809 CASE #2012-15246, DATE FILED: DEBTOR: JOHNNY SALCEDO, CREDITOR: LIBERTY ACQUISITIONS FORECLOSURES MEADOW ST, LONGMONT. LENDER: $186585. CASE #3207817. 3/6/2012. 3/20/2012. CREDITOR: LVNV FUNDING LLC. SERVICING. AMOUNT: $1093.97. DEUTSCHE BANK NATIONAL TRUST Boulder County BORROWER: BRYAN KEITH DIRKES, AMOUNT: $1196.44. CASE #C-09C- CASE #C-11C-006068. DATE: LAUREANO SIFUENTES, 10 C, AMOUNT DUE: $138192. CASE 005414. DATE: 3/7/2012. 3/9/2012. S BUSCH LANE, LONGMONT; BORROWER: BURKECO LLC, MULT #3207233. 3/4/2012. 1418 RED MOUNTAIN DR, LONG- CASE #2012-15207, DATE FILED: PROP, . LENDER: MILE HIGH BANKS, MONT. LENDER: US BANK NATION- DEBTOR: JOHNNY SALCEDO, DEBTOR: JOHN GUSICK, CREDI- BORROWER: JEFFREY L & CAROL 3/20/2012. AMOUNT DUE: $1725275. CASE AL ASSOCIATION T, AMOUNT DUE: CREDITOR: LVNV FUNDING LLC. TOR: LIBERTY ACQUISITIONS SER- #3207901. 3/6/2012. J JEFFERSON, 1864 DUCHESS $295323. CASE #3207818. 3/6/2012. AMOUNT: $1478.23. CASE #C-10C- VICING. AMOUNT: $1139.48. CASE CANDACE PATRICIA MARTINEZ, DR, LONGMONT. LENDER: WELLS 001881. DATE: 3/7/2012. #C-12C-000730. DATE: 3/9/2012. 20A

20A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com FOR THE RECORD DEBTOR: JUAN & DELORES B #3207861, 3/8/2012. CASE #3206759, 3/3/2012. SON Buyer, Buyer’s Address: HUD, 3470 ELIZADLE, CREDITOR: BELLCO Buyer, Buyer’s Address: BRENT & W 132ND PL DEBTOR: JUDAH PINEDA, CREDI- TIMOTHY LKIEHN, $0.0, CASE COLO WHEELCHAIR LLC, $1724.0, CREDIT UNION. AMOUNT: $5084.85. BETHANY VANSLOOTEN, 14063 Address: 3470 W 132ND PL, TOR: LIBERTY ACQUISITIONS SER- #3207860, 3/8/2012. CASE #3206763, 3/3/2012. VICING. AMOUNT: $3561.32. CASE CASE #C-06C-000598. DATE: ROARING FORK CIR BROOMFIELD #C-12C-000786. DATE: 3/9/2012. 3/19/2012. LAS PALMERAS INC, $0.0, CASE JENNIFER KHARLAN, $8325.0, Address: 14063 ROARING FORK Price: $ #3207850, 3/8/2012. CASE #3206755, 3/3/2012. CIR, BROOMFIELD Date Closed: 3/18/2012 DEBTOR: WIRELESS VISION LLC, DEBTOR: MICHELLE AUERBACH, Price: $435000 CREDITOR: WRI EDGEWATER LIMS ENTERPRISES INC, $1345.97, JENNIFER GREANY LLC, $9672.0, Seller: LINDA A MURPHY CREDITOR: BC SERVICES INC. Date Closed: 3/13/2012 AMOUNT: $850.70. CASE #C-12C- MARKETPLACE LLC. AMOUNT: CASE #3208528, 3/10/2012. CASE #3206758, 3/3/2012. Buyer, Buyer’s Address: JULIE L $144847.06. CASE #C-11CV-003326. Seller: SALVADOR GUERRA AGU- GOLDAN, 122 JACKSON CIR 000766. DATE: 3/9/2012. LIVELY MARKETING INC, $154.02, KHOW THAI CAFE LLC, $10324.0, DATE: 3/19/2012. IRRE Address: 4420 FIREWEED TRL, CASE #3208001, 3/9/2012. CASE #3206760, 3/3/2012. DEBTOR: HEATHER K KELLY, Buyer, Buyer’s Address: ERIC & BROOMFIELD DEBTOR: RONALD HIGGS, CREDI- CREDITOR: CAPITAL ONE BK USA. ARLEEN G & JONAH MMILLER, NATURAL HOMES LLC, $4893.54, CARRIE BECK, 4774 CAPITOL CT Price: $420000 TOR: LIBERTY ACQUISITIONS SER- AMOUNT: $1254.52. CASE #C-11C- $0.0, CASE #3206310, 3/2/2012. CASE #3207629, 3/7/2012. Address: 4774 CAPITOL CT, Date Closed: 3/1/2012 VICING. AMOUNT: $11525.6. CASE 005708. DATE: 3/1/2012. BROOMFIELD #C-12C-013429. DATE: 3/19/2012. ARLEEN G & JONAH MMILLER, PICTURE US LLC, $3679.0, CASE Seller: BANK NEW YORK MELLON Price: $450000 DEBTOR: GEMMA S WILSON, $0.0, CASE #3206309, 3/2/2012. #3206762, 3/3/2012. Buyer, Buyer’s Address: DAMON M DEBTOR: JEREMIAH A BART- Date Closed: 3/14/2012 CREDITOR: CAPITAL ONE BK USA. & ANNA CRISTINA TOHILL, 13259 LEY, CREDITOR: COMMUNITY BK MONOGRAM REAL ESTATE MAN- RANDY KING ENTERPRISES INC, AMOUNT: $8124.04. CASE #C-11C- Seller: GRACE & LINDA SELF EGAN RED DEER TRL # A COLO. AMOUNT: $507332.54. CASE AGEMEN, $162.64, CASE #3206750, $4845.69, CASE #3207627, 3/7/2012. 005861. DATE: 3/1/2012. Buyer, Buyer’s Address: BRIAN M Address: 13259 RED DEER TRL # A, #D-11CV-001107. DATE: 3/12/2012. 3/3/2012. DEBTOR: MARY J HILLAM, CREDI- STONE MOUNT WELLNESS LLC, & NICOLE Z HAYES, 3260 ALEXAN- BROOMFIELD TOR: DISCOVER BK. AMOUNT: DEBTOR: SPAS N THINGS, ON ROCKS BISTRO LLC, $256.71, $1235.0, CASE #3206757, 3/3/2012. DER WAY Price: $254900 CREDITOR: PREMIUM LEISURE CASE #3207363, 3/6/2012. $6002.82. CASE #C-12C-000503. TROPICAL INTERIORS DESIGN Address: 3260 ALEXANDER WAY, Date Closed: 3/4/2012 LLC. AMOUNT: $41277.77. CASE BROOMFIELD DATE: 3/1/2012. OPERA HOUSE INC, $0.0, CASE INC, $24143.0, CASE #3206761, Seller: REMINGTON HOMES CO #D-11CV-000220. DATE: Price: $525000 #3207851, 3/8/2012. 3/3/2012. Buyer, Buyer’s Address: DAVID M & DEBTOR: STEPHEN J MACCAUX, DEBTOR: KAREN L ANDERSON, Date Closed: 3/14/2012 WENDY R LARSEN, 3751 W 136TH CREDITOR: CAPITAL ONE BK USA. CREDITOR: UNIFUND CCR PART- OPTI BIKE LLC, $0.0, CASE VAUJANY INC, $1175.76, CASE Seller: JOEL W PITRE AVE UNIT B4 AMOUNT: $9133.95. CASE #C-11C- NERS. AMOUNT: $12946.88. CASE #3207858, 3/8/2012. #3207630, 3/7/2012. Buyer, Buyer’s Address: JILL E Address: 3751 W 136TH AVE UNIT 006078. DATE: 3/1/2012. #C-06C-000929. DATE: 3/19/2012. ORIGINAL EQUIPMENT MACHIN- Broomfield County DAVIS, 13255 RED DEER TRL B4, BROOMFIELD DEBTOR: ROBERT G MCCON- DEBTOR: JESSE HER, CREDI- ING I, $3054.58, CASE #3208797, ALLENS ASPHALT CO, $8912.13, Address: 13255 RED DEER TRL, Price: $279100 NELL, CREDITOR: CAPITAL ONE TOR: CYPRESS FIN GROUP LLC. 3/10/2012. CASE #2612, 3/6/2012. BROOMFIELD Date Closed: 3/4/2012 BK USA. AMOUNT: $9674.96. CASE AMOUNT: $3269.38. CASE #C-12C- Price: $246000 QIAGEN SHARED SERVICES INC, COLLEGE BOUND INC, $2588.52, Seller: TAYLOR MORRISON COLO- #C-11C-003586. DATE: 3/1/2012. 000019. DATE: 3/5/2012. Date Closed: 3/19/2012 $361.62, CASE #3208807, 3/10/2012. CASE #2730, 3/7/2012. RADO INC DEBTOR: JACK A THOMPSON, DEBTOR: ANDREA MARGHEIM, Seller: ERIC CHRISTOPHER & Buyer, Buyer’s Address: MARK C CREDITOR: CAPITAL ONE BK USA. ZENON JRACZKOWSKI, $0.0, CASE WARRANTY DEEDS CREDITOR: MAIN STREET ACQUISI- #3206834, 3/3/2012. AMANDA LYNNETTE HOWE SCHUWERK, 14961 NIGHTHAWK LN AMOUNT: $12225.45. CASE #C-11C- TION CORP. AMOUNT: $10394.6. 14961 NIGHTHAWK LN, Broomfield County Buyer, Buyer’s Address: KATHER- Address: 004471. DATE: 3/1/2012. CASE #C-11C-001877. DATE: ROUNDPEGG INC, $201.69, CASE INE G & ROLLAND L ERSTAD, 3437 BROOMFIELD Seller: WS ACB DEVELOPMENT LLC 3/5/2012. #3208527, 3/10/2012. TRAVER DR Price: $583800 DEBTOR: COLIN DRIER, CREDI- Buyer, Buyer’s Address: PULTE Address: 3437 TRAVER DR, BROOM- Date Closed: 2/29/2012 TOR: CAPITAL ONE BK USA. DEBTOR: FRANK F FRANK K & FRA SAFRAN EMPLOYMENT SERVIC- HOME CORP, 7390 S IOLA ST FIELD AMOUNT: $3963.24. CASE #C-11C- KRUPKA, CREDITOR: CAPITAL ONE ES INC, $217.15, CASE #3207628, Address: MULT PROP, Seller: KEN & PATTY VIGIL RZONCA Price: $390000 005077. DATE: 3/1/2012. BK USA. AMOUNT: $5949.84. CASE 3/7/2012. Price: $4652000 Buyer, Buyer’s Address: SCOTT R & Date Closed: 3/13/2012 DEBTOR: REC GROUP INC, CREDI- #C-12C-000086. DATE: 3/5/2012. SHIFALI INC, $0.0, CASE #3207853, Date Closed: 3/15/2012 MARCI SARGENT, 14363 JARED CT Seller: PEGGY J BURRELL Seller: NATHANIEL & ROBIN K KEE Address: 14363 JARED CT, BROOM- TOR: PAX PROPT LLC. AMOUNT: DEBTOR: BENJAMIN MARRON, 3/8/2012. JILL L Buyer, Buyer’s Address: KRISTINE FIELD $52364. CASE #D-11CV-000463. CREDITOR: LVNV FUNDING LLC. Buyer, Buyer’s Address: SHIPPEE ELECTRICAL SYSTEMS JAGEMANN, 1170 OPAL ST UNIT 201 FRANKLIN, 5086 SAGE BRUSH DR Price: $370000 DATE: 3/6/2012. AMOUNT: $2366.90. CASE #C-09C- LLC, $430.86, CASE #3206203, Address: 1170 OPAL ST UNIT 201, Address: 2652 FERNWOOD PL, Date Closed: 2/29/2012 DEBTOR: CYNTHIA A EILERTSEN, 008862. DATE: 3/5/2012. 3/2/2012. BROOMFIELD BROOMFIELD CREDITOR: CAPITAL ONE BK USA. Seller: RORY P & GAYLE E BURKE DEBTOR: REC GROUP INC, CREDI- Price: $145000 Price: $185000 AMOUNT: $630.30. CASE #C-11C- STEVEN L EURICH DDS PC, Buyer, Buyer’s Address: SHARON TOR: PAX PROPT LLC. AMOUNT: Date Closed: 3/5/2012 Date Closed: 2/29/2012 $1333.12, CASE #3208806, L SHEPHERD TRUST, 4517 SILVER 005194. DATE: 3/1/2012. $52364. CASE #D-11CV-000463. 3/10/2012. Seller: JAMES E III WEBSTER Seller: PULTE HOME CORP MOUNTAIN LOOP DEBTOR: CARPET OUTPOST LLC, DATE: 3/7/2012. Buyer, Buyer’s Address: NIKI LLC, Buyer, Buyer’s Address: ADAM & Address: 4517 SILVER MOUNTAIN CREDITOR: MOUNT TRADE SUP- STEVEN L EURICH DDS PC, DEBTOR: REC GROUP INC, 821 KALMIA WAY RACHAEL PRESSNALL, 15956 LOOP, BROOMFIELD PLY INC. AMOUNT: $900.51. CASE $587.73, CASE #3208805, 3/10/2012. CREDITOR: JWRE LLC. AMOUNT: Address: 821 KALMIA WAY, BROOM- WHEELER PT Price: $475000 #C-2011C78429. DATE: 3/8/2012. $336354.53. CASE #D-11CV-000463. STEVEN L EURICH DDS PC, FIELD Address: 15956 WHEELER PT, Date Closed: 3/19/2012 DATE: 3/7/2012. $1672.36, CASE #3208804, Price: $ BROOMFIELD DEBTOR: WILLIAM C MAHONEY, Seller: THOMAS E MARTINEZ 3/10/2012. Date Closed: 3/18/2012 Price: $439900 CREDITOR: CAPITAL ONE BK USA. DEBTOR: VALDEMAR ALEKSON, Buyer, Buyer’s Address: JASON & AMOUNT: $861.93. CASE #C-11C- Date Closed: 3/4/2012 CREDITOR: STACE D LIND. AMOUNT: STEVEN L EURICH DDS PC, Seller: FEDERAL HOME LOAN MAMIE DENISE FRITZ, 990 E 7TH 005198. DATE: 3/1/2012. $23780.97. CASE #D-11CV-002185. $496.85, CASE #3208802, 3/10/2012. MORTGAGE COR Seller: JEFFREY A & KATIA E BECK- AVE DEBTOR: ROSE CAFE INC, CREDI- DATE: 3/13/2012. STEVEN L EURICH DDS PC, Buyer, Buyer’s Address: RUPALI ER Address: 990 E 7TH AVE, BROOM- Buyer, Buyer’s Address: WALTER TOR: SYSCO FOOD SERVICES DEN- DEBTOR: BOBBIE R ANDERSON, $1672.36, CASE #3208803, RAGHWAN, 1642 IRIS ST FIELD NORMAN III WRIGHT, 330 COTTON- VER INC. AMOUNT: $2151.51. CASE CREDITOR: PROFESSIONAL FIN 3/10/2012. Address: 1158 OPAL ST # 11 201, Price: $220000 WOOD CT #2011C58694. DATE: 3/1/2012. CO INC. AMOUNT: $2771.38. CASE BROOMFIELD Date Closed: 3/19/2012 TANGIBLE BUSINESS SERVICES Price: $131500 Address: 330 COTTONWOOD CT, DEBTOR: OLEH A KRAMARCHUK, #C-12C-000094. DATE: 3/9/2012. Seller: JANICE K & JAN L EDWARDS INC, $584.57, CASE #3206202, Date Closed: 3/18/2012 BROOMFIELD CREDITOR: CONERGY INC. Buyer, Buyer’s Address: JANICE K DEBTOR: JOSE & MAYELA 3/2/2012. Price: $285000 AMOUNT: $373835.96. CASE Seller: BRENT R & BETHANY R EDWARDS, 4170 CENTENNIAL DR ROSALES, CREDITOR: THORNTON TRIUMPH LLC, $397.89, CASE Date Closed: 3/4/2012 #D-11CV-000108. DATE: 3/2/2012. LLC. AMOUNT: $60740.13. CASE VANSLOOTEN Address: 4170 CENTENNIAL DR, #3206751, 3/3/2012. Buyer, Buyer’s Address: LAURA S Seller: KIMBERLY STEIN BROOMFIELD DEBTOR: EYEON ENERGY #D-11CV-000468. DATE: 3/9/2012. LIDDLE, 13627 PLASTER CIR Buyer, Buyer’s Address: SERENA M Price: $ LTD, CREDITOR: CONERGY INC. Broomfield County Address: 13627 PLASTER CIR, CONWAY, 14241 CRAFTSMAN WAY Date Closed: 3/15/2012 AMOUNT: $350015.78. CASE RELEASE AXALTO INC, $196.2, CASE #3153, BROOMFIELD Address: 14241 CRAFTSMAN WAY, #D-11CV-000108. DATE: 3/2/2012. OF STATE TAX LIENS 3/17/2012. Seller: JEANNE M NOVAK Price: $299000 BROOMFIELD Buyer, Buyer’s Address: STEPHEN M DEBTOR: THERESA M HALSEY, Boulder County BASKET BALL SERVICES CORP, Date Closed: 3/18/2012 Price: $226500 NOVAK, 16690 ANTERO ST CREDITOR: CAPITAL ONE BK USA. BANNOCKBURN ENTERPRISES $534.24, CASE #2477, 3/2/2012. Date Closed: 3/1/2012 Seller: GEORGE G DEMETRIOU Address: 16690 ANTERO ST, AMOUNT: $3801.77. CASE #C-12C- INC, $121.8, CASE #3206204, BECK REAL ESTATE INC, $107.36, Buyer, Buyer’s Address: RICHARD V Seller: DOUBLE DIAMOND REAL BROOMFIELD 000536. DATE: 3/6/2012. 3/2/2012. CASE #2479, 3/2/2012. & MYRA J HARRIS, 1200 E 3RD AVE ESTATE LLC Price: $280000 3/18/2012 Broomfield County BCA INC, $178.48, CASE #3207364, BROBECK PHLEGAR HARRISON, Address: 1200 E 3RD AVE, BROOM- Buyer, Buyer’s Address: ANGELA M Date Closed: 3/6/2012. FIELD URIBE, 381 CYPRESS ST DEBTOR: VICTOR MORENO, $730.29, CASE #3150, 3/17/2012. Seller: FRANK E ROBERTS Price: $234500 Address: 381 CYPRESS ST, BROOM- CREDITOR: LIBERTY ACQUISI- BLUE SKY WINDOW CLEANING Buyer, Buyer’s Address: JONATHAN BROBECK PHLEGAR HARRISON, Date Closed: 2/29/2012 FIELD TIONS SERVICING. AMOUNT: CO, $116.61, CASE #3206205, & MORGAN MEADOR, 4333 CHOKE $523.95, CASE #3149, 3/17/2012. Price: $159900 $2894.70. CASE #C-12C-000154. 3/2/2012. Seller: TIFFANY WALTERS CHERRY AVE Date Closed: 3/4/2012 DATE: 3/19/2012. SEANMCMILLAN, $4130.13, CASE Buyer, Buyer’s Address: DALE E Address: 4333 CHOKE CHERRY BOULDER COMMUNITY MUS- #2862, 3/10/2012. CROMER, 14178 SUN BLAZE LOOP Seller: FEDERAL HOME LOAN AVE, BROOMFIELD DEBTOR: DARCY MCLEAN, CREDI- CULOSKE, $0.0, CASE #3207854, UNIT F MORTGAGE COR Price: $244000 TOR: LIBERTY ACQUISITIONS SER- 3/8/2012. MIJALA INC, $2346.28, CASE #2478, VICING. AMOUNT: $11909.26. CASE 3/2/2012. Address: 14178 SUN BLAZE LOOP Buyer, Buyer’s Address: KRISTINE M Date Closed: 3/13/2012 COLLABORATIVE TECHNOLOGIES UNIT F, BROOMFIELD SWISHER, 12462 KING ST #C-12C-041903. DATE: 3/9/2012. Seller: PULTE HOME CORP LLC, $0.0, CASE #3207859, 3/8/2012. PUMPKIN PATCH LLC, $490.64, Price: $225000 Address: 12462 KING ST, BROOM- Buyer, Buyer’s Address: ROBERT DEBTOR: MARK & NANCY BAR- CASE #2727, 3/7/2012. Date Closed: 3/14/2012 FIELD JOSEDONAIRE, $340.25, CASE FOURNIER, 15937 ANTORA PEAK STOW, CREDITOR: LIBERTY ACQUI- Price: $235000 #3207362, 3/6/2012. PUMPKIN PATCH LLC, $581.09, Seller: PULTE HOME CORP DR SITIONS SERVICING. AMOUNT: Date Closed: 3/4/2012 CASE #2726, 3/7/2012. Buyer, Buyer’s Address: ERIC Address: 15937 ANTORA PEAK DR, $1547.10. CASE #C-11C-064788. WILLIAM CDRAKE, $386.0, CASE G & JESSICA M BERMAN, 15975 Seller: FANNIE MAE BROOMFIELD DATE: 3/9/2012. #3206201, 3/2/2012. GERALD GROSENBAUGH, $179.92, CASE #3152, 3/17/2012. WHEELER PT Buyer, Buyer’s Address: XLCHENG Price: $272000 DEBTOR: JEREMIAH A BART- FOCUSED BUSINESS SOLUTIONS Address: 15975 WHEELER PT, SUN, 14048 KAHLER PL Date Closed: 3/1/2012 LEY, CREDITOR: COMMUNITY BK LLC, $158.17, CASE #3208530, SLEEPFIT INC, $1143.69, CASE BROOMFIELD Address: 3464 MOLLY CIR, BROOM- Seller: MICHAEL FELDPUSCH COLO. AMOUNT: $148771.05. CASE 3/10/2012. #2731, 3/7/2012. Price: $502600 FIELD Buyer, Buyer’s Address: DANA E #D-11CV-001107. DATE: 3/12/2012. Date Closed: 3/18/2012 Price: $173500 GALE SUPPLY CO, $112.21, CASE SOHO, $520.91, CASE #2955, HART, 1025 E MIDWAY BLVD Date Closed: 3/1/2012 DEBTOR: SON PHI DANG, #3208529, 3/10/2012. 3/13/2012. Seller: JOHN E & MARIE B ACKER Address: 1025 E MIDWAY BLVD, CREDITOR: LIVINGSTON FIN Seller: SNOWFLAKE FAMILY LLC BROOMFIELD GALITZ TRANSPORTATION INC, TECH SYSTEMS SWS INC, $383.42, Buyer, Buyer’s Address: JOHN E LLC. AMOUNT: $24465.59. CASE Buyer, Buyer’s Address: JESSE Price: $200000 $5791.59, CASE #3206753, 3/3/2012. CASE #2551, 3/3/2012. AND MARIE B ACKER IRREV, 2828 N #D-11CV-000274. DATE: 3/13/2012. VICTORIA DR USOW, 7615 N 1ST AVE Date Closed: 3/7/2012 DEBTOR: MDM, CREDITOR: STACE MARGARET AGLAEFKE, $213.8, USEFUL NETWORKS, $673.95, Address: 14156 SUN BLAZE LOOP Address: 1256 W 6TH AVE, BROOM- D LIND. AMOUNT: $16359.54. CASE CASE #3208799, 3/10/2012. CASE #3151, 3/17/2012. UNIT E B, BROOMFIELD FIELD Seller: HEATH R KIRIN #D-11CV-002185. DATE: 3/13/2012. MARGARET AGLAEFKE, $369.16, USEFUL NETWORKS, $200.66, Price: $ Price: $200000 Buyer, Buyer’s Address: JOHN CASE #3208798, 3/10/2012. CASE #3154, 3/17/2012. Date Closed: 3/14/2012 Date Closed: 3/1/2012 CONOR & JENNIFER MARIE DIXON, DEBTOR: MOHAMMAD LATIF, 1001 W 17TH CT Seller: DAVID M & MARY M BERG- Seller: PULTE HOME CORP CREDITOR: BELLCO CREDIT UNION. LEVIIARUSSI, $401.83, CASE STATE TAX LIEN Address: 1001 W 17TH CT, BROOM- STROM Buyer, Buyer’s Address: DAVID J AMOUNT: $9874.67. CASE #C-12C- #3206200, 3/2/2012. FIELD Buyer, Buyer’s Address: BRETT S & NORA J BONFOEY, 2901 GEMINI 000318. DATE: 3/19/2012. Price: $377500 IBALANCE MEDICAL INC, $482.79, Boulder County WAGNER, 14241 ADAM CT LOOP Date Closed: 3/5/2012 DEBTOR: JESSIE E JR BUGAR- CASE #3206752, 3/3/2012. ARNOLD GROUP INC, $1500.86, Address: 14241 ADAM CT, BROOM- Address: 2901 GEMINI LOOP, ING, CREDITOR: CAVALRY PORT- CASE #3208002, 3/9/2012. FIELD BROOMFIELD Seller: RONALD H & CATHERINE L FOLIO SERVICES LLC. AMOUNT: IKON SCIENCE AMERICAS INC, ATLANDIA IMPORTS INC, $3329.0, Price: $390000 Price: $428000 ZENSEN $1636.01. CASE #C-11C-001767. $0.0, CASE #3207852, 3/8/2012. CASE #3206756, 3/3/2012. Date Closed: 3/15/2012 Date Closed: 3/1/2012 Buyer, Buyer’s Address: ROBIN L DATE: 3/19/2012. TIMOTHY LKIEHN, $0.0, CASE OCANNA, 12377 WINONA CT BURRITO KING 4 LLC, $1474.0, Seller: AARON T & STACEY B PEAR- Seller: WELLS FARGO BK 21A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 21A FOR THE RECORD Address: 12377 WINONA CT, BROOMFIELD Seller: STEPHEN C NELSON Address: 16125 QUANDARY LOOP, BROOMFIELD Seller: STANDARD PACIFIC COLO- BROOMFIELD Price: $425200 Buyer, Buyer’s Address: MARY BROOMFIELD Price: $ RADO INC Price: $281000 Date Closed: 3/7/2012 JOANNE STUMPF, 13769 LEGEND Price: $488900 Date Closed: 2/29/2012 Buyer, Buyer’s Address: JULIA ROS- Date Closed: 3/8/2012 TRL UNIT 102 Date Closed: 3/7/2012 ENCRANS, 4739 RAVEN RUN Seller: PNC MTG Seller: APRIL & JASON SCHOFIELD Address: 13769 LEGEND TRL UNIT Address: 4739 RAVEN RUN, Seller: WALTER B DOROTHY W Buyer, Buyer’s Address: HUD, 13406 Seller: FEDERAL HOME LOAN Buyer, Buyer’s Address: KAREN 102, BROOMFIELD BROOMFIELD GOLDSMITH R ALCOTT WAY MORTGAGE COR ZREBIEC, 741 ELDORADO BLVD Price: $180000 Price: $341100 Buyer, Buyer’s Address: CHARLENE Address: 13406 ALCOTT WAY, Buyer, Buyer’s Address: BRADLEY Address: 2550 WINDING RIVER DR Date Closed: 3/6/2012 Date Closed: 3/11/2012 M WOLFRUM TRUST, 4032 SONORA BROOMFIELD & CHRISTA MARILYN JESTER, 4732 UNIT A3, BROOMFIELD DR Price: $ Seller: OLIVER M & DAVID M OTT RABBIT MOUNTAIN RD Price: $218500 Seller: STEVEN B & ELIZABETH ANN Address: 4514 SILVER MOUNTAIN Date Closed: 3/8/2012 Buyer, Buyer’s Address: OLIVER M Address: 4732 RABBIT MOUNTAIN Date Closed: 2/29/2012 WOLSLEBEN LOOP, BROOMFIELD OTT, 4400 NELSON DR RD, BROOMFIELD Buyer, Buyer’s Address: GARY L Seller: MARVIN H & EDNA A ALMOND Seller: WELLS FARGO BK Price: $485000 Address: 4400 NELSON DR, Price: $370000 SANDERS, 148 GRIFFITH ST Buyer, Buyer’s Address: JEFFREY Buyer, Buyer’s Address: HUD, 12701 Date Closed: 3/4/2012 BROOMFIELD Date Closed: 3/12/2012 Address: 1070 JADE ST, BROOM- A & KATIA E BECKER, 1165 BEL- DAVIS ST Price: $ FIELD Seller: THANH CONG & CAM VAN LAIRE ST Seller: CHARLES N & PATRICIA E Address: 12701 DAVIS ST, BROOM- Date Closed: 3/5/2012 Price: $162000 THI NGUYEN Address: 1165 BELLAIRE ST, MAUS TILESTON FIELD Date Closed: 3/11/2012 Buyer, Buyer’s Address: KEVIN M BROOMFIELD Seller: FRANK J & JUDY K DEFALCO Buyer, Buyer’s Address: CHARLES Price: $ KREEGER, 13813 WINDOM LN Price: $312500 Buyer, Buyer’s Address: ROBERT N TILESTON TRUST, 1190 E 3RD AVE Date Closed: 3/13/2012 Seller: STANDARD PACIFIC COLO- Address: 13813 WINDOM LN, Date Closed: 2/29/2012 DELOS REMLEY, 2770 CANOSSA DR Address: 1190 E 3RD AVE, BROOM- RADO INC Seller: CHRISTOPHER J & MELISSA BROOMFIELD Address: 2770 CANOSSA DR, FIELD Buyer, Buyer’s Address: TRACY L Seller: REMINGTON HOMES CO L RAZO Price: $409000 BROOMFIELD Price: $ COOPER, 4741 RAVEN RUN Buyer, Buyer’s Address: CHU LENG Buyer, Buyer’s Address: SCOTT Date Closed: 3/7/2012 Price: $285000 Date Closed: 3/11/2012 Address: 4741 RAVEN RUN, HONG, 3751 W 136TH AVE UNIT B3 BASSETT, 12151 CHERRYWOOD ST Date Closed: 3/5/2012 BROOMFIELD Seller: JAMES K & LINDA RAMSEY Address: 3751 W 136TH AVE UNIT Seller: CHARLENE M WOLFRUM Address: 12151 CHERRYWOOD ST, Price: $346500 Buyer, Buyer’s Address: GAIL F & B3, BROOMFIELD Seller: JOANNE L VANBEZOOYEN TRUST BROOMFIELD Date Closed: 3/11/2012 WALTER R ALBERS, 16381 LA PLATA Price: $236900 Buyer, Buyer’s Address: DAVID & Buyer, Buyer’s Address: ROBERT R Price: $225000 WAY Date Closed: 3/7/2012 MARY SCHELDT, 5082 GREY WOLF & ANNE P DENNIS, 4032 SONORA Date Closed: 3/12/2012 Seller: WILLIAM B III & JENNIFER Address: 16381 LA PLATA WAY, PL DR J GATES Seller: ROBERT R & CYNTHIA L RIV- Seller: JOHN F E & CELIA S BRON- BROOMFIELD Address: 5082 GREY WOLF PL, Address: 4032 SONORA DR, Buyer, Buyer’s Address: DENNIS ERS SON Price: $375000 BROOMFIELD BROOMFIELD J & ADRIENNE A ASBURY, 14836 Buyer, Buyer’s Address: HOMAY- Buyer, Buyer’s Address: JUSTIN P Date Closed: 3/13/2012 Price: $236900 Price: $347500 FALCON DR OUN & SIMA SHARIFIAN, 3417 W SIMPSON, 142 KEYSTONE TRL Date Closed: 3/5/2012 Date Closed: 3/5/2012 Address: 14836 FALCON DR, Seller: REMINGTON HOMES CO 126TH DR Address: 142 KEYSTONE TRL, BROOMFIELD Buyer, Buyer’s Address: MARY LOU Address: 3417 W 126TH DR, Seller: ZUNI WEST LLC Seller: DONAL P CORMACK BROOMFIELD Price: $595000 WEADLEY, 3751 W 136TH AVE UNIT BROOMFIELD Buyer, Buyer’s Address: TOMMY W Buyer, Buyer’s Address: DONAL Price: $281500 Date Closed: 3/11/2012 K3 Price: $305000 & NANCY L STROUD, 11752 EATON PATRICK CORMACK 2011 TRU, 443 Date Closed: 2/29/2012 Address: 3751 W 136TH AVE UNIT Date Closed: 3/6/2012 CT CHESTNUT WAY Seller: DONAL P CORMACK Seller: STANDARD PACIFIC COLO- K3, BROOMFIELD Address: 14631 STELLAS MEADOW Address: 443 CHESTNUT WAY, Buyer, Buyer’s Address: DONAL Seller: PULTE HOME CORP RADO INC Price: $268000 DR, BROOMFIELD BROOMFIELD PATRICK CORMACK 2011 TRU, 443 Buyer, Buyer’s Address: JOHN W Buyer, Buyer’s Address: DIANE L Date Closed: 3/7/2012 Price: $147500 Price: $ CHESTNUT WAY MCGEE, 15985 WHEELER PT BAKLAICH, 4743 RAVEN RUN Date Closed: 3/5/2012 Date Closed: 3/8/2012 Address: 2 PINE PL, BROOMFIELD Seller: PULTE HOME CORP Address: 15985 WHEELER PT, Address: 4743 RAVEN RUN, Price: $ Buyer, Buyer’s Address: DOUGLAS BROOMFIELD Seller: PULTE HOME CORP Seller: STEPHEN C NELSON BROOMFIELD Date Closed: 3/8/2012 & SHARON CRAIG, 15923 TORREYS Price: $528200 Buyer, Buyer’s Address: MARSHALL Buyer, Buyer’s Address: GREGORY Price: $360800 WAY Date Closed: 3/6/2012 G & SHARON B VARY, 16125 QUAN- CAPPAERT, 3733 W 126TH AVE Date Closed: 3/11/2012 Address: 15923 TORREYS WAY, DARY LOOP Address: 3733 W 126TH AVE,

ON THE JOB ADVERTISING, COMMUNICATIONS member meeting April 4 in Westminster. chief network architect and senior director REAL ESTATE Lafayette-based New directors are: Kerry Ingalls, vice of engineering. He also worked at Policy- Ryan Good has Creative Alliance president for Colorado operations at Am- pher as vice president of engineering and been named vice has promoted gen in Boulder and Longmont; Brent Fas- held positions at BigBand, Divicom/Har- president for leas- Kate Rubsamen sett, a partner at Cooley LLP in Broom- monic and Sony. ing and sales at to client services field; James Chomas, founder and chief Etkin Johnson coordinator. She executive of Surefire Medical in Westmin- MANUFACTURING Group. Good will will have increased ster; and Scott Deeter, president and Boulder-based Spyder Active Sports head the com- responsibility for CEO of Ventria Bioscience in Fort Collins. Inc., which manufactures ski apparel, pany’s marketing implementing the promoted Ellen Welley to vice president efforts for its 7.5 full range of web, HEALTH CARE for North American sales. Spyder hired million-square-foot advertising and di- Alta Vita Memory Welley in 2002 as a key-account manag- commercial real Good rect marketing tac- Rubsamen Care Center in er. She previously worked as a buyer for estate portfolio. tics on behalf of the Longmont hired retailer Boulder Ski Deals and as a divi- Etkin Johnson has agency’s clients. Gemma Wilson sional merchandise manager for Specialty acquired land holdings in Denver’s North- Rubsamen joined the agency in July as a as program direc- Sports Venture. west Corridor, which are being offered for client services assistant. She previously tor. The assisted- sale or build-to-suit facilities. Good pre- was a sales administrative coordinator living community viously served as a vice president at the with Z57 Internet Solutions, San Diego, at 800 S. Fordham Denver office of CBRE. and also provided client-service support St. is scheduled through internships with three advertising to open in May TELECOMMUNICATIONS agencies in Nevada and California. and designed es- Wilson Steven Terrell “Terry” Clontz and retired pecially for people Gen. Kevin P. Chilton were named to the BANKING, FINANCE with memory-care board of directors of Broomfield-based Denver-based Centennial Bank hired needs. Wilson has a master’s degree in Level 3 Communications Inc. The appoint- Amanda Donovan as assistant vice pres- gerontology and more than 10 years of ments bring the total number of Level 3 ident, deposit operations. Donovan has experience working with Alzheimer’s pa- board members to 12. Clontz replaces Lee experience in treasury management as tients. Wilson was the executive director Fleming Hoover Theng Kiat, who had been a director since well as bank operations. She joins Cen- of a day-care program for people with October but was named president and gen- tennial Bank’s branch in Boulder. Alzheimer’s in Austin, Texas. She also eral counsel of Temasek Holdings on April served on a legislative committee that NONPROFIT 1. He had been a director at Global Cross- BIOSCIENCE regulated assisted-living facilities in that Vía, formerly Spe- ing Ltd. from December 2003 until it was John C. Hutton has joined the scientific state. cial Transit, a acquired by Level 3.Chilton retired from the advisory board at Boulder-based Am- nonprofit mobility U.S. Air Force after 34 years of service in ideBio LLC, a privately held biopharma- Physical therapists Roger Rettig and services provider February. He commanded the U.S. Stra- ceutical company which has developed Brenda Evans of the Colorado Physical based in Boulder tegic Command from 2007 through 2011, novel manufacturing processes for pep- Therapy Institute in Broomfield completed County, added overseeing operations for the Department tides and proteins. Hutton has more than a class on manual therapy for the upper Forrest Fleming, of Defense’s nuclear, space and cyber- 30 years of scientific expertise in aca- cervical spine focusing on headaches, Suzanne Hoover space operations. From 2006 to 2007,Chil- demia, including his current position as dizziness and pain from a neuro-othope- and Frank Latino ton commanded the Air Force Space Com- director of research at the Barbara Davis dic perspective. The two-day class was Jr. to its board of mand, where he was responsible for all Air Center for Childhood Diabetes and pro- hosted by Denver Physical Therapy and directors. Flem- Latino Jr. Force space and nuclear ICBM programs. fessor of cellular and structural biology at was taught by Frank Gargano, PT, DPT ing is the owner of He had been a test pilot, a NASA astronaut the University of Colorado-Denver. He re- from Ohio. Instant Imprints, a Longmont company on three space shuttle flights, and was dep- ceived a bachelor’s degree and doctorate he started six years ago after a 25-year uty program manager for the International from the University of New South Wales, HIGH TECH career with IBM. Hoover has served on Space Station from 1996 to 1998. Sydney, Australia, and was a professor Broomfield-based Alticast Corp., a pro- several nonprofit boards and has been at Britain’s Cambridge University for 17 vider of interactive TV and Blu-ray solu- a longtime volunteer. Latino is a certified Deadline to submit items for On the Job years before joining the CU-Denver fac- tions, hired John Carlucci as chief tech- public accountant and is president and is three weeks prior to publication of each ulty in 1996. nical officer, Americas. Carlucci most founder of Latino & Associates, which has biweekly issue. Mail to Editor, Boulder recently was the chief technology officer been in business since 1974. County Business Report, 3180 Sterling Four industry executives were named to for ClearLeap. He has more than 20 years Circle, Suite 201, Boulder, CO 80301; fax the Colorado BioScience Association’s of vendor and operator experience having The Humane Society of Boulder Valley to 303-440-8954; or email to news@bcbr. board of directors at its 2012 annual all- worked at Time Warner for many years as hired Lindsey Berlin as an administrative com with On the Job in the subject line. assistant. Photos submitted will not be returned. 22A

22A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com BUSINESS DIGEST OPENINGS ster has changed its name to The Greg Mas- 29 that it has begun shipping its Sphero robotic hanced social media interactivity. More infor- Twin Peaks, a mountain-lodge style sports triona Golf Courses at Hyland Hills in honor ball to 95 countries outside the United States. mation at epicmix.com. restaurant known for its “perky” waitresses, will of Greg Mastriona’s 40 years of public service The self-propelled ball is controlled by a smart- MERGERS & ACQUISITIONS open its second Colorado location at 299 E. overseeing the Hyland Hills Park and Recre- phone. Orders can be placed on the store. Dan and Drew Sorrells of Longmont have ac- Flatiron Drive in Broomfield in May. Twin Peaks ation District. gosphero.com web site. The cost is $159.99, quired The Organic Dish, a maker of organic will offer comfort food made from scratch, a BRIEFS which includes all shipping and importation ready-to-cook meal kits, from Beckie and Toby selection of 29-degree draft beers served from Boulder-based LogRhythm, which specializes fees. Hemmerling. The Sorrellses acquired the five- a full-service bar, a patio and 64 high-definition in log management and SIEM 2.0, is partnering year-old company’s recipes and equipment for plasma televisions. Twin Peaks’ 21 locations with FairWarning Inc., of Clearwater, Florida, a Boulder-based surgical device maker Enci- an undisclosed amount from the Hemmerlings, include stores in Kansas, Nebraska, New supplier of privacy-breach detection solutions, sion Inc. said April 2 that it raised about $1.5 who are moving to Charleston, South Carolina. Mexico, Oklahoma, Arizona and Lakewood’s to provide comprehensive privacy auditing and million through a private-placement stock sale. The Organic Dish was named to the Boulder Colorado Mills shopping center. monitoring capabilities to detect and defend Encision (ECIA: PK) will use the money to fi- County Business Report’s Mercury 100 list Greenwood Wildlife Rehabilitation Center in against unlawful access to patients’ electronic nance product development, quality programs of fastest-growing companies in 2011 with a Lyons will open a high-end consignment store, health records, ensure compliance with regu- and sales and marketing. The company makes 25 percent increase in revenue from 2009 to Greenwood Consignment Gallery, on Mon- latory mandates such as HIPAA and ensure laparoscopic instruments used in a variety of $180,000 in 2010. In 2011, Becky Hemmerling day, April 16, at 3600 Arapahoe Ave., Boulder. network security. LogRhythm’s health-care surgeries. Purchase price per share for the lat- was selected as an Eco Hero by the Business The location will serves as the new home of customers will have monitoring for more than est stock sale was $1, which represented a Report for her efforts in creating a zero-waste Greenwood Thrift Shop, which reopened 150 applications supported by FairWarning. discount of about 6 percent from the 20-day, kitchen and receiving high marks from Partners April 6 after moving from Walnut Gardens. The volume-weighted trading price. The private for A Clean Environment. A cancer-treatment device involving heat that’s placement represents 19 percent of the total nonprofit organization is devoted to the reha- being developed by Boulder-based Actium bilitation and release of orphaned, sick and in- number of shares outstanding. Global advertising holding company Havas Biosystems LLC will be tested on animals at has bought a majority stake in Boulder-based jured wildlife, treating more than 2,400 animals Duke University in a new clinical trial. Actium Boulder B-cycle and Denver B-cycle an- each year. nounced April 3 the launch of “B-connected,” ad company Victors & Spoils. Financial details has built a magnetic illumination device to help of the transaction were not disclosed. Victors & Three former advertising executives have warm nanoparticles injected into a living body. an agreement that allows annual members of both systems to check out bikes in either Spoils will remain in Boulder. Havas (Euronext opened Made in USA, a marketing agency Company founder Joe Tondu said particles of Paris: HAV.PA) is based in Paris. The two com- that will focus on American manufacturing iron mixed with chemotherapy can be warmed city at no extra charge. For example, a Den- ver B-cycle annual member can ride a Denver panies plan to create a 15,000-person “crowd” company clients. Dave Schiff, Scott Prindle up by the new device to give cancer cells “a in which to find new ideas, using proprietary and John Kieselhorst plan to offer communi- fever” and kill them. The unproven idea - called B-cycle from his or her neighborhood to RTD, take the bus to Boulder, and check out a Boul- technology from Victors & Spoils, according cation services, brand building and community hyperthermia - is being tested in 33 clinical tri- to a press statement. Victors & Spoils already development services. A Boulder location has als going on in the United States, according to der B-cycle to finish the commute to work or vice-versa. uses its proprietary Fan Machine online pro- not yet been chosen for the new office. Schiff the National Cancer Institute. gram to digitally connect and manage a group was a former vice president and executive A MyChelle Dermacueticals skin test avail- Boulder-based American Recreation Prod- of 6,000 people. Victors & Spoils was started creative director at Crispin Porter + Bogusky, able at select Whole Foods stores has in- ucts Inc. announced April 3 that it will sell its in 2009 by John Winsor, former vice president the ad agency based in Coconut Grove, Fla., creased the Louisville-based natural skin-care Slumberjack sleeping bags and tents in Cana- and executive director of strategy and innova- which also has offices in Boulder, Los Angeles product company’s sales into the triple digits, da through its Canadian Rec subsidiary. Cana- tion at Crispin Porter + Bogusky, a global ad and London. Prindle was a vice president and the two companies said. Financial details were dian Rec also distributes products in Canada agency with offices in Boulder. Winsor will be executive-technology director at the agency. not disclosed. MyChelle advisers perform a VI- from other American Rec companies, including chief innovation officer at Havas. Kieselhorst was executive design director. SIA Complexion Analysis System skin test on products from Sierra Designs and Royal Rob- bins. SERVICES Pandora, a jewelry store, will open at FlatIron customers who request it at 18 Whole Foods Grand Junction-based Rocky Mountain Crossing mall in Broomfield in July, according stores around the nation. The store at 2905 Longmont-based Blackfox Training Insti- Health Plans began March 30 to offer its to mall officials. Pearl St. has one of the machines, and the test tute, LLC has been recognized by the state of members mobile access to their personal Sunflower Farmers Market plans to open a is free. Advisors are available on busy shop- Colorado and the Veterans Administration as medical-benefit details and to the list of doc- store in Longmont by the end of the year at ping days — usually weekends. an approved private occupational school and tors, urgent-care clinics, emergency rooms 1101 S. Hover St., in the former Borders Book- Boulder-based social-media data aggrega- granted the VA facility code. These credentials and pharmacies in the network. Members with store space. The 24,895-square-foot store is tor Gnip Inc. will host a conference devoted qualify Blackfox as an approved training center smartphones or tablets can access the infor- expected to bring 100 jobs to the area. The to “social data” June 21-22, featuring leading for eligible veterans wanting to use their post- mation from anywhere at any time through the natural and organic grocery store company executives from Facebook, Twitter and other 9/11 GI bill for educational benefits. insurer’s secure portal at access|RMHP. is based in Boulder. Sunflower and Sprouts major social media sites. The event, named Big CONTRACTS Farmers Market in March said the two compa- Boulder, will spotlight how public social media Broomfield-based Vail Resorts Inc. hired Boul- Deadline to submit items for Business Digest nies would merge by the end of May. Under data is changing the way companies, govern- der-based Mapleton Hill Media to help design is three weeks prior to publication of each bi- terms of the merger, the stores Sunflower op- ments and other organizations do business. and develop changes to Vail’s EpicMix web weekly issue. Mail to Editor, Boulder County erates will be rebranded to Sprouts by the end The event is by invitation only. More informa- application. Its work on EpicMix’s first install- Business Report, 3180 Sterling Circle, Suite of the year. tion about the event and getting an invite is ment last year netted MHM a Webby award. 201, Boulder, CO 80301-2338; fax to 303-440- available at BigBoulderConf.com. With this year’s changes, users can buy profes- 8954; or email to [email protected] with Busi- NAME CHANGES ness Digest in the subject line. Photos submit- The Golf Courses at Hyland Hills in Westmin- Boulder-based Orbotix Inc. announced March sional, high-resolution digital photos, produce a Mountain Remix collage, and share with en- ted will not be returned. AWARDS NONPROFIT NETWORK Boulder-based Great Harvest Bread Co. re- BRIEFS the store sells, Patagonia will donate $10 to the University of Colorado-Boulder campus. Star- ceived the Phenomenal Bread Award during WOW! Children’s Museum will hold its annual CRC. The Center is hosting its 10th annual ring Michael J. Dog, Christrover Lloyd, Flea Great Harvest Franchising Inc.’s annual con- Black & White Gala, auction and casino Earth Day 5k run/walk on Sunday, April 22, and Thompson and Catspin Glover. Cost is $60 per vention in San Diego. The bakery, owned by night from 6 p.m. to midnight Friday, April 13, also will collect shoes at the event. person for general admission seating, $120 Scott and Sally Creevy, was one of five baker- at A Spice of Life Event Center, 5706 Arapahoe The Boulder-based Medicine Horse Program per person or $900 per table of eight for pre- ies around the nation chosen to win the award. Ave., Boulder. Proceeds benefit the museum’s will host its first annualMustang Awareness mium table seating. Last year’s event raised Founded in 1976 in Great Falls, Montana, Great 2012 scholarship fund, which provides free Day to celebrate the American mustang from more than $340,000 to help homeless and Harvest has more than 220 bakeries located museum admissions and low-cost member- 10 a.m. to 4 p.m. Saturday, April 28, at 8778 abandoned animals. Tickets available online at throughout the nation. All bakeries are individu- ships to children, families, school groups and Arapahoe Road, Boulder. The show will include http://content.boulderhumane.org/potl/. ally owned and operated, and no two are alike. organizations in need. The event will include riding and training demonstrations, speakers, The 22nd annual Avista Hospital Founda- appetizers, sit-down dinner, complimentary Julia Wilkinson Manley, director of the School art, photography, authors, vendors and a per- tion Golf Classic will begin with an 8:30 a.m. cocktails until 9 p.m., jazz music, live and si- of Ballet Nouveau Colorado, is one of three re- formance by the Northern Colorado Mustang shotgun start on Tuesday, June 5, at Omni lent auctions, gaming tables, and helicopter cipients of the Wake Up Your Warrior Award. Riders. Petting and pony rides will be available Interlocken Golf Club, 500 Interlocken Blvd., rides ($75 per-person donation). Emcee is Ken All of these recipients have helped their com- for children. Tickets are $5 for adults and free Broomfield. Proceeds will benefit the New Life Clark from KDVR-TV Channel 31’s “Good Day munity or themselves through adversity. The for children. Food, snacks and refreshments Center Bereavement Program. Contact: 303- Colorado!” Tickets are $75 per person. Table of award is dedicated to those who are fulfilling will be available. 715-7600 or avistahospitalfoundation.org for eight is $500. Contact: 303-604-2424 or wow- their dreams and goals and making a positive FUNDRAISERS registration or sponsorships. image in the Colorado community. Along with childrensmuseum.org. The Broomfield Chamber of Commerce will GOOD DEEDS overseeing the school, Manley is responsible sponsor the third annual Bowl for a Precious for its community programs, which include The Pedestrian Shops in Boulder is helping Denver-based Pure Brand Communications is turn old shoes into a commitment to resource Child from 3 to 6 p.m. Sunday, April 22, at accepting applications for its second-annual Title I elementary partnerships, student schol- Chipper’s Lanes, 100 Nickel St., Broomfield. arships and anti-bullying educational perfor- conservation as part of its annual Earth Day Pure Good Works program, which awards shoe-recycling drive. Through April 23, run- Proceeds benefit the nonprofit A Precious one U.S. nonprofit one year of integrated mances. In total, these programs reach more Child, which provides clothing, shoes, school than 20,000 underserved individuals annually. ning and athletic shoes in good condition will creative services valued up to $75,000. More go to less-developed countries, and those in supplies, sports equipment and essentials to information and online application is at pure- Boulder-based FreeWave Technologies, poor condition will be turned into turf for play- disadvantaged children in northern metropoli- goodworks.com. which manufactures spread-spectrum and grounds. Business and casual shoes will go to tan Denver. Cost to bowl is $30 per person for GRANTS licensed radios for critical data transmission, Deacon’s Closet at First Presbyterian Church early online registration, or $40 per person after The American Indian College Fund and received the 2011 Ascent Award from Com- for people transitioning into the workforce and Friday, April 13. Cost to watch the bowling is the Lowe’s Charitable and Educational munications Technology Professionals at a in need of assistance. Customers who bring $10 per person or $35 for a family of four. Con- Foundation announced a grant of $50,000 for ceremony held April 5 at Denver’s Four Sea- in shoes to recycle will have 5 percent of any tact: 303-466-4272 or apreciouschild.org. a new scholarship program to support Ameri- sons Hotel. The Ascent Award is given to the store purchase donated to the local environ- The Humane Society of the Boulder Valley can Indian students. The grant will fund schol- firm that best represents the Colorado spirit of mental nonprofit Center for ReSource Con- presents a fundraiser, Bark to the Future! arships for qualified Native students in their innovation, growth and drive in telecommuni- servation to support conservation programs Puttin’ On the Leash Gala 2012, at 6 p.m. final year of college who have financial need to cations and is poised to make a near-term im- along the Front Range. For any pair of its shoes Saturday, April 28, at the Coors Event Center, pact on the industry.. complete their degree. 23A

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 23A CALENDAR PRODUCT UPDATE APRIL Colorado Deming Center for Entrepreneur- is $250. Register online at edcconoline. Broomfield-based OpenLogic Inc., a provider The Longmont Area Economic Coun- ship, Leeds School of Business, will present org. of enterprise open-source support and man- 18cil will present its 13th annual Cor- Minding Your Business, Profits to Restore agement solutions for data centers and the nerstone Awards Luncheon honoring the the Planet: A Conversation with Horst Re- The Lafayette Chamber of Com- cloud, on April 5 announced the newest version success of primary employers in the Long- chelbacher, from 5:30 to 7:30 p.m., Mon- 26merce presents Wine, Women and of OLEX Enterprise Edition, which now sup- mont area. The event will be from 11 a.m. day, April 23, at Wolf Law Building, 2440 Chocolate from 5:30 to 8:30 p.m., Thurs- ports the Software Package Data Exchange to 1 p.m., Wednesday, April 18, at the Plaza Kittredge Loop Road on the CU campus, day, April 26, at The Dove House 1055 S. (SPDX) specification to streamline compliance Conference Center, 1850 Industrial Circle, Boulder. Rechelbacher, founder of Aveda 112th St., Lafayette. Tickets are $25 in activities for companies using and distributing Longmont. Networking and showcase be- Corp. and Intelligent Nutrients, will discuss advance and $30 at the door. Wineries: open-source software. In addition, OpenLogic gins at 11 a.m., lunch at 11:45 a.m., awards his journey as an entrepreneur and insights Augustina’s Winery, Cottonwood Cellars, is the first scanning vendor to create and freely program begins at noon. Cost is $40 per about why businesses that increase their Settembre Cellars, Black Forest Meadery share SPDX files for commonly used projects. person. Table of eight is $280. Contact: 303- corporate social responsibility are at a com- and Spero Winery. Chocolatiers: Krigel- 651-0128 or [email protected]. petitive advantage in today’s market. Cost is king Confections, NM Chocolate, Nova Boulder-based Eco-Products Inc., a maker of $20 per person, $10 for students. Monda Cacao & Chocolate and Sias for food-service products made from renewable Boulder Digital Arts presents the workshop, Sweets. Donated scarves, jewelry and resources and recycled content, on April 3 un- Marketing with Social Media, from 11 a.m. The Boulder County Business purses will be available for purchase. Do- veiled ZERO by Eco-Products, a line of hot cups to noon, Wednesday, April 18, at Boulder 25Hall of Fame will host a luncheon nations accepted at the chamber office and cold cups whose carbon impacts have been Digital Arts, 1600 Range St, Suite 100, Boul- and awards ceremony to induct its Class through April 23. A portion of the proceeds measured and offset through a partnership with der. Learn how to incorporate social media of 2012 from 11:30 a.m. to 1:30 p.m., will be donated to Safehouse Progressive Renewable Choice Energy. Eco-Products is of- sites such as Facebook and Twitter into web- Wednesday, April 25, at the Plaza Con- Alliance for Nonviolence. Items not sold fering customers the ability to receive custom- marketing campaigns. Cost is $69 for BDA ference Center, 1850 Industrial Circle, will be donated to Sister Carmen Commu- ized reports detailing the life cycle impacts of members, $89 for nonmembers. Contact: Longmont. Inductees are Eugene Caranci, nity Center and Goodwill. Purchase tickets their purchases, enabling universities, hospitals, Kira Woodmansee at 303 800 4647 or info@ Charles “Chuck” Sisk, B. Scot Smith, Dian online at lafayettecolorado.com. Must be corporate campuses and others to understand boulderdigitalarts.com. Stow, Nathan Thompson and Eric Wallace. 21 or older to attend. the environmental impacts associated with their Cost is $55 per person. Register online food-service packaging. Boulder Magazine will present the sec- at www.halloffamebiz.com. Contact: De A silent auction to establish a vet- Boulder-based Lingoport Inc, a provider of in- 19ond annual Boulder County REAL Dahlgren at 970-232-3132. 27erans’ scholarship fund for students ternationalization consulting services and soft- Awards starting at 6:30 p.m., Thursday, April attending Front Range Community Col- ware products, released Globalyzer 4.0 on April 19, at the Hotel Boulderado, 2115 13th St., Boulder-based Taggart Insurance will lege’s Boulder County campus will be 5. The release features a fully functional devel- Boulder. Awards pay tribute to outstanding host a forum from 5:30 to 6:30 p.m. held from 7 to 9 p.m. Friday, April 27, in opment editor and can be installed as a stand- local businesses, organizations and individu- Wednesday, April 25, at Trada Inc., 1023 the community room on the Longmont alone workbench or as an Eclipse 3.7 plug-in. als that make a difference in Boulder County. Walnut St., Boulder, to inform homeown- campus. The FRCC chapter of Phi Theta Globalyzer 4.0 enables software developers to Awards presented in 10 categories, includ- ers and business owners about how Boul- Kappa, an international honor society for write, scan, fix and test internationalization is- ing Agriculture/Horticulture, Small Business der’s new floodplain map affects their two-year colleges, will host the event. sues directly within the development environ- (fewer than 25 employees), Large Business property and insurance coverage. The fo- Contact Elizabeth Vasquez, 303-775- ment. (25 or more employees), Environmental rum is free but space is limited; R.S.V.P. at 0201, for more information or to contribute Heroes, Outstanding Community Service, boulderfloodforum.eventbrite.com or call to the auction. Broomfield-based Oxlo Systems Inc., a soft- Most Inspiring Individual, Non-Profit (health 303-442-1484. ware-as-a-service company, partnered with and human services), Non-profit (commu- JUNE ACA-Solutions Inc. in Florida to release the nity-at-large), Culture/Performing Arts and The Economic Development Council of The Louisville Chamber of Commerce white paper, Rapid Adaptation Strategy for Restaurateur. Cost is $35. Contact: Nicole Colorado will hold its 2012 Spring Con- 2is taking reservations for booth space Integrating with Health Insurance Exchanges. Karsted at 303-443-0600 or nicole@brock- ference Wednesday through Friday, April at the annual Taste of Louisville, which The 35-page paper was written to help health- pub.com. 25-27, at Estes Park. Topics include small- will be held Saturday, June 2. Cost is $100 insurance executives clearly understand the business support, downtowns, tourism, for Chamber members and $250 for non- data integration requirements associated with Best Organics and Compass Natural, incubators, housing, workforce develop- members. Apply at louisvillechamber.com the mandated Health Insurance Exchanges. 23in partnership with the University of ment, planning and rural economies. Cost under “events” or call 303-666-5747. Find the white paper online at blog.oxlo.com. Building & Renovating Publishing May 11, 2012 www.BCBR.com 2012 Blueprints Directory with the GREEN BUILDING GUIDE We are pleased to announce that The authority on construction in the Boulder Valley. Scott Koplar, AAMS®, Daniel Lassen, CFP® & Zoe Whitmore Have joined Ameriprise Financial. Koplar, Lassen & Whitmore A financial advisory practice of Ameriprise Financial

Scott Koplar AAMS® Daniel Lassen CFP® Zoe Whitmore Financial Advisor, Associate Vice Financial Advisor, Associate Vice Financial Advisor President President zoe. [email protected] scott. [email protected] [email protected] ameripriseadvisors.com/zoe.e. whitmore ameripriseadvisors.com/scott.koplar ameripriseadvisors.com/ daniel.lassen 1881 9th Street

Brokerage, investment and financial advisory services are Suite 302 made available through Ameriprise Financial Services, Inc., Member FINRA and SIPC. Some products and services may Contact Kevin Loewen for additional information: not be available in all jurisdictions or to all clients. Boulder, CO 80302 303-630-1945 or [email protected] ©2011 Ameriprise Financial, Inc. All rights reserved. 720-565-9820 24 House Duplexes Coast to Coast/ Markel 24A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com BOULDER VALLEY REAL ESTATE WATCH BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM

Top 10 Boulder County Builders Top-Selling Boulder County Single-Builder Subdivisions Year-to-date through February 2012 Year-to-date through February 2012 Builder Home Sales County Market Subdivision Builder City Average Recorded Share Price Closings 1. Ryland 11 15.1% 1. Steel Ranch Ryland Louisville $385,100 11 2. Meritage 10 13.7% 3. Boulder Creek Builders 9 12.3% 2. Canyon Creek 6 Richmond Erie $316,400 5 4. 4655 Yarmouth LLC 5 6.8% 2. Silver Creek 1 Meritage Lafayette $330,200 5 4. Northfield Village Res. 5 6.8% 2. Yarmouth Way Condos 4655 Yarmouth LLC Boulder $132,800 5 4. Richmond Homes 5 6.8% 5. Northfield Village Northfield Village Boulder $230,400 4 7. Habitat for Humanity 4 5.5% 4-plex Townhomes Residential Development 7. MCV Walnut 4 5.5% 9. Markel 3 4.1% 5. Walnut Condos MCV Walnut Boulder $549,000 4 10. 1095 Canyon 2 2.7% 5. Steel Ranch Boulder Creek Builders Louisville $474,200 4 10. 1110 Neon Forest 2 2.7% 5. Coal Creek Village Townhomes Habitat for Humanity Lafayette $155,000 4 10. BMB Builders 2 2.7% 9. Kingsbridge Renaissance Boulder Creek Builders Longmont $238,700 3 10. Cunningham Farms 2 2.7% 3 Town Homes Remaining homebuilders 9 12.3% Total 73 100% 9. Canyon Creek Meritage Erie $408,000 3

Source: Home Builders Research Source: Home Builders Research

Highest-Priced Home Sales in Boulder County PearlFebruary 2012 Izumi considers ‘signature’ HQ site SaleLOUISVILLE Price — AthleticBuyer, Address apparel maker$3,100,000 Pearl Izumi USARobert Inc. E. and could Melissa W. Smith, 1077 Canyon Blvd., Unit 308, Boulder receive an incentive package worth GOING UP IN EAST BOULDER $1,600,000 Robyn Wolf, 1655 Walnut St., Unit 305, Boulder about $156,000 if it decides to build Anderson Medical Center at Boulder Community Hospital taking shape its$1,549,000 new “signa - Laura E. Paquin, 1037 12th St., Boulder ture$1,523,300 corporate Pamela A. Proto, 5364 2nd St., Boulder headquar ters” in$1,450,000 the Colora - Eric L. and Jennifer J. Ostenson, 6969 Rabbit Mountain Road, Longmont do$1,445,000 Technology Jeffrey P. and Karen R. Levi, 7641 Spring Drive, Boulder Center$1,380,000 in Lou- Steven Joseph and Suzanne Elizabeth Roy, 2424 Premier Place, Boulder isville, accord- ing$1,250,000 to the terms Michael L. and Kelley L. Turner, 1655 Walnut St. Unit 304, Boulder of$1,250,000 a business- Timothy O. Fisher, 12286 Switzerland Trail, Boulder assistance pack- age$1,150,000 approved REALMichael ESTATE C. and Paige K. Blackburn, 437 Pine St., Boulder recently by the Michael Davidson Louisville City Source: SKLD Information Services LLC - 303-695-3850 Council. Pearl Izumi, which makes apparel for cyclists and runners, currently has its headquarters in a 91,570-square- foot building at 1886 Prairie Way, which is in the Colorado Technology Center. The company has 135 employ- ees in Louisville, according to the city. Representatives of Pearl Izumi would not comment on its plans. According to a memo prepared for Louisville City Council, Pearl Izumi’s current headquarters no longer suits the company’s needs. The company considered sites in Lafayette and Erie, but Louisville believes it has prevailed. “We are assuming we won the competition,” Louisville economic DOUG STORUM development director Bonnie Star Work is under way on the steel frame of Boulder Community Hospital’s Anderson Medical Center at the hospital’s Foot- told Louisville City Council. In an hills campus at the northwest corner of Arapahoe Avenue and 48th Street in east Boulder. The 46,000-square-foot, two- interview after the meeting, Star story center will be the home of an outpatient surgical center, a cardiac center and offices for several medical practices. said the city continues to meet with Boulder-based Wyatt Construction Co. is the general contractor. The center is scheduled for completion in December. representatives of Pearl Izumi and its construction team. According to the Louisville memo, mated cost of the building would initiated in Boulder County rose The biggest jump was in Long- the company wants more office space be about $10 million, according to dramatically in March, according to mont, where 62 properties entered and less warehouse space than its cur- Louisville. Pearl Izumi is expected to records from the Boulder County foreclosure in March, up from 29 the rent facility. The site it is considering grow to 150 full-time employees over Public Trustee’s Office. month before. In Boulder, 16 proper- is between Colorado Highway 42 and the next five years, according to the Notices of election and demand ties entered foreclosure, up from eight Taylor Avenue in the northern part of city memo. — the legal paperwork that starts the in February. Broomfield experienced the tech center. foreclosure process — were filed on 20 foreclosure starts, one more than The “signature corporate head- BOULDER 100 properties in Boulder County the month before. quarters” would be between 75,000 FORECLOSURES JUMP: The in March, up from 61 proceedings, In March, 36 Boulder County and 108,000 square feet. The esti- number of foreclosure proceedings which were started in February. ➤ See Real Estate, 25A 25

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 25A Funds helping caregivers create e-records House BY BETH POTTER Duplexes [email protected] mation Exchange Organization, or eight long-term health care providers “When a patient is dischargedCoast from to CORHIO, according to the state- in Colorado also have received funds. the hospital into long-term care,Coast/ the BOULDER — Local nursing ment. A state representative was not “Every day we face the challenge health information exchange enablesMarkel homes, hospice-care groups and sim- immediately available for comment of providing care based on limited access to up-to-date patient health ilar providers can receive incentive about the incentive program. information. This new ability to share information like test results and dis- funds from a state program to put Long-term-care providers pay much-needed health information will charge summaries,” Pamela Russell, patient records online. $2,000 for one-time set-up and improve the quality of the care we long-term care development and out- The state’s health information trainingTop 10 to joinBoulder the online County program, Builders provide to our clients,” saidTop-Selling Janet reach Boulder manager Countyfor the state Single-Builder program, Subdivisions exchange program will put long- accordingYear-to-date to the through Colorado February Regional 2012 Puglisi, director of ProfessionalYe Homear-to-date said through in a Februarystatement. 2012 “If patients are term-care patient information online HealthBuilder Information Exchange HomeOrga Sales- Health County Care. Market receiving better care, they are less - including imaging reports, lab test nization website. Providers then will The new incentive fundsSubdivision come likely to experienceBuilder medical compliCity - Average Recorded Share results, doctor notes and “continuity pay annual fees of $2,400 to $25,200 before new federal rules go into effect cations and will avoid unnecessary Price Closings 1. Ryland 11 15.1% of care” documents. The program and more, depending on how many on Oct. 1 that penalize hospitals1. Steel Ranch trips to the hospital.”Ryland Louisville $385,100 11 2. Meritage 10 13.7% will manage the online information beds they have at their facilities, that have a high number of2. patient Canyon Creek 6 Long-term careRichmond providers in BoulErie - $316,400 5 for providers for an annual fee. The according3. Boulder toCreek the Builders website. 9 readmissions,12.3% as decided by the fed- der, Colorado Springs, Pueblo and information is available to others in 4.In 4655 Boulder Yarmouth and LLC Broomfield coun5- eral government,6.8% according2. toSilver the Creek 1 the San Luis Meritage Valley in SouthwestLafayette $330,200 5 a state network, including hospitals ties,4. NorthfieldBoulder CommunityVillage Res. Home Care5 press statement.6.8% Hospitals that2. Yarmouth have Way ColoradoCondos are encouraged4655 Yarmouth toLLC apply Boulder for $132,800 5 4. Richmond Homes 5 6.8% and doctors - in a measure designed in Boulder, Frasier Meadows Health higher-than-allowed patient readmis5. Northfield- Villagethe incentive Northfieldfunds at Village www.corhio. Boulder $230,400 4 7. Habitat for Humanity 4 5.5% to improve patient care, according to Care and Assisted Living in Boul- sions can be penalized up to 1 percent 4-plex Townhomes org, according Residentialto the press Development statement. a press statement. der,7. MCVHospice Walnut Care of Boulder and4 of total Medicare5.5% billings. CORHIO is a not-for-profit group New incentive funds to pay the Broomfield9. Markel Counties, with offices3 in Good communications4.1% between5. Walnut Condos created with moreMCV Walnut than $9 millionBoulder $549,000 4 local long-term-care providers comes Lafayette,10. 1095 Canyon Louisville and Longmont,2 long-term care2.7% providers and5. Steel hos Ranch- in state and federalBoulder Creekgrants. Builders The Louisville net- $474,200 4 from an unspecified grant amount and10. Professional 1110 Neon Forest Home Health Care2 pitals - in part2.7% through the5. Coalonline Creek Villagework Townhomes is designed Habitat to befor Humanityself-sustaining Lafayette $155,000 4 10. BMB Builders 2 2.7% from the federal Department of in Longmont already have received program - can help reduce 9.hospital Kingsbridge Renaissancethrough user Boulderfees onceCreek Builders the initial Longmont $238,700 3 Health and Human Services to the an10. unspecified Cunningham Farms amount of incentive2 readmissions, 2.7%according to the press funding is used, Phyllis Albritton, 3 Town Homes Colorado Regional Health Infor- fundsRemaining through homebuilders the program. Another9 statement. 12.3% executive director, has said. Total 73 100% 9. Canyon Creek Meritage Erie $408,000 3

Source: Home Builders Research Source: Home Builders Research REAL ESTATE from 24A properties were sold, down eight from Foreclosures February. The number of sales in Highest-Priced Home Sales in Boulder County Broomfield held steady at 10. in Boulder Valley February 2012 March 2012

RE/MAX HONORED: Re/Max Sale Price Buyer, Address City Foreclosures Filed Deeds of Boulder is the top-selling office of $3,100,000 Robert E. and Melissa W. Smith, 1077 Canyon Blvd., Unit 308, Boulder Issued all Re/Max affiliates in the United Allenspark 2 0 States, according to a press release $1,600,000 Robyn Wolf, 1655 Walnut St., Unit 305, Boulder Broomfield 20 10 issued by the company. $1,549,000 Laura E. Paquin, 1037 12th St., Boulder Boulder 16 4 The office, owned by Tom Kalin- Eldorado Springs 0 0 $1,523,300 Pamela A. Proto, 5364 2nd St., Boulder ski and led by DB Wilson, managing Erie 0 1 Golden* 0 1 broker associate, ranked No. 1 for the $1,450,000 Eric L. and Jennifer J. Ostenson, 6969 Rabbit Mountain Road, Longmont Gold Hill 0 0 fifth consecutive year. $1,445,000 Jeffrey P. and Karen R. Levi, 7641 Spring Drive, Boulder Hygiene 0 0 The ranking is based on total $1,380,000 Steven Joseph and Suzanne Elizabeth Roy, 2424 Premier Place, Boulder Jamestown 0 1 annual sales volume. In 2011, Re/ Lafayette 11 5 Max of Boulder sold about 1,360 $1,250,000 Michael L. and Kelley L. Turner, 1655 Walnut St. Unit 304, Boulder Longmont 62 18 homes worth nearly $568 million, $1,250,000 Timothy O. Fisher, 12286 Switzerland Trail, Boulder Louisville 2 1 Wilson said. The firm primarily sells Lyons 2 1 homes in Boulder and Broomfield $1,150,000 Michael C. and Paige K. Blackburn, 437 Pine St., Boulder Nederland 3 1 counties. Niwot 0 1 Re/Max representative Jack Kre- Source: SKLD Information Services LLC - 303-695-3850 Pinecliffe 0 0 ider said topping the list for five Superior 2 2 straight years has never been done Chris Boston of Gibbons-White listed Chad Henry. Ward 0 0 before. the building for Majors Investments. • Pho Basil at Boulder LLC signed TOTAL 120 46 “Re/Max of Boulder is very appre- • VersaCart Systems Inc., a manu- a lease for 1,740 square feet of retail Year-to-date 2012 271 143 *Reflects only the portion of Golden in Boulder County ciative for all of its many custom- facturer of shopping carts, has signed space at 3280 28th St., Suite 2. Lynda Source: Public trustees of Boulder and Broomfield counties ers, friends and to the community a lease for 5,690 square feet of office Gibbons, Annie Lund and Angela of Boulder, to which our office is space at 4720 Walnut St. No. 105 in Topel of Gibbons-White Inc. rep- immersed in and strives to support,” the Tierra Centre Business Park. Chris resented the landlord. Louis Lee of John Cody said. The council helped Kalinski said in a prepared statement. Boston and Michael Ryan McCarty of Dunton Commercial represented the Claremont Foods find space. Re/Max of Boulder’s office has Gibbons-White Inc. represented the tenant. Claremont Foods’ business model been located at 2425 Canyon Blvd. tenant. Nate Litsey and Chad Henry is to manage a brand’s supply chain, No. 110 since 1977. It has 90 full-time of W.W.Reynolds Cos. represented LONGMONT production, inventory and shipping, contracted Realtors and 12 licensed the landlord. NEW FOODS: Claremont Foods while the brand owners can focus on assistants, Wilson said. • Yoga Kaala LLC is taking 1,934 LLC, a new contract manufacturing marketing and sales, according to the square feet of space at 633N S. Broad- and packaging company in the natural company’s website. Representatives LEASES SIGNED: Richard Moser way at the Table Mesa Shopping Cen- and organic food space, has signed a of the company did not immediately has leased 8,686 square feet of space ter. Brit Banks of Dean Callan & Co. lease for a 31,015-square-foot build- return a request for more information at 1724 Broadway. Moser is rebrand- represented the tenant. Nate Litsey ing outside of Longmont. Monday morning. ing the building “Broadwalk on the and Chad Henry of W.W. Reynolds The building, at 6325 Monarch Claremont Foods’ lease is for the Creek” and plans to open a gourmet Cos. represented the property owner. Park Place, is in the Monarch Busi- entire building, which was built in café and work and living space. Moser • PlayFair Toys LLC has signed a ness Park. 1994 and is owned by Milbrae Square has an exclusive option to buy the lease for a 1,500-square-foot retail Claremont Foods is a new, pri- Co. building from Majors Investments space at 3043 Walnut St. in the Wal- vately owned company launched by LLC. Dan Ferrick of Gibbons-White nut Gardens Shopping Center. W.W. veterans in the natural and organic Michael Davidson can be reached at Inc. represented Moser and is help- Reynolds Cos. owns the property and food industry, Longmont Area Eco- 303-630-1943 or email mdavidson@ ing him find subtenants. Ferrick and was represented by Nate Litsey and nomic Council president and CEO bcbr.com. 26

26A | April 13-26, 2012 COMMENTARY BOULDER COUNTY BUSINESS REPORT WWW.BCBR.COM JOBS Act spurs cooperation, innovation ongress and President Obama deserve praise for a rare Coccurrence in the current toxic political climate: compromise. Last week, the president signed into law the Jumpstart Our Business Startups, or JOBS, Act. The law, supported by House Majority Leader Eric Cantor, R-Virginia, gathered bipartisan approval, with the House passing the measure 380-41 and the Senate by 73-26. Essentially, the law makes it easier for businesses to raise money. Among the changes: • The JOBS Act contains a “crowd-funding” provision that allows entrepreneurs to raise up to $1 million annually from large groups of individual investors, using Banks, borrowers find common ground Web-based platforms registered with the Securities and Exchange Lending activity activity is gathering momentum in the all lending activity at the bank’s Commission. Boulder Valley, with some industry local branches is up 17 percent in the • The law also makes it easier for gathers momentum segments seeing a 40 percent surge in first quarter of 2012, compared with companies to initiate initial public activity. That appears to be true for a the same period a year ago, Potter offerings by adjusting various rules in Boulder Valley wide cross section of industries: reports. That follows a 24 percent related to corporate governance and re banks and business owners • Food and increase in 2011. accounting. Companies with less finally getting on the same beverage compa- Could it be that bankers and bor- than $1 billion in annual revenue Apage? nies. rowers have found a happy medium, would have up to five years to enact For years, business owners have • Outdoor- with lenders able to lend and busi- certain regulatory requirements. complained about the lack of available industry firms. ness owners ready to borrow? financing, either for business expan- • Health care. It certainly seems that way. Con- sion or working capital. Many banks • Software. sumer confidence begets business EDITORIAL struggled during the recent financial • Commer- confidence, and business confidence crisis, with some operating under fed- cial real estate. produces an increased willingness to • It allows for an expansion of so- eral enforcement actions and others PUBLISHER'S That last cate- expand and take on debt. called “mini public offerings,” increas- forced to sell or shut down completely. NOTEBOOK gory is especially And although national and inter- ing the threshold from a little-used $5 That left them unable to satisfy Christopher Wood noteworthy, national economic trends can stymie million to a more robust $50 million. business owners’ demands for capital, given that many confidence — just look at recent dis- This provision exempts certain com- with lenders reducing their loan expo- banks have made concerted efforts to appointing national hiring numbers panies from some SEC requirements. sure while boosting capital reserves. reduce their exposure to commercial and continued concerns about the “America’s high-growth entre- More recently, however, we’ve real estate. Developers have found it Eurozone for examples — business preneurs and small businesses play a heard an opposite refrain. Bankers extremely difficult to secure financ- conditions in the Boulder Valley give vital role in creating jobs and growing have complained — at our CEO ing for new projects, and owners of cause for optimism. the economy,” Obama said in a state- Roundtables, at networking events, existing properties — even those with The aforementioned industries, ment. “I’m pleased Congress took in interviews and in personal conver- solid cash flows — were challenged to along with technology, the Univer- bipartisan action to pass this bill. sations — that business owners were renew their loans. sity of Colorado, federal laboratories These proposals will help entrepre- afraid to borrow, even as banks had In a sign that funding for commer- and other sectors, create a diverse neurs raise the capital they need to an increasing ability to lend. After cial projects is becoming a bit easier, and rich base of companies that help put Americans back to work and cre- spending years cleaning up their FirstBank of Colorado reported a 40 weather economic storms. ate an economy that’s built to last.” balance sheets, many banks are now percent increase in overall real estate If recent loosening of purse These provisions have created able to lend but complained that lending during March, with residen- strings continues, and business excitement from the nation’s entre- business owners lacked the confi- tial mortgages accounting for a 54 owners maintain confidence in the preneurial and startup community, dence to seek financing. percent increase and commercial a economy, perhaps we’ll finally get helping to streamline the process The first problem was one of 19 percent bump. the Boulder Valley economy truly that companies must follow to raise financing, the second one of confi- Commercial developments mean moving again. funds. While protection of inves- dence. construction jobs, and that bank- It’s about time. tors is important, many provisions Now, it looks like lending activ- ers and developers have identified adjusted in the JOBS Act did noth- ity is picking up. As Boulder County demand for new space — meaning Christopher Wood can be reached at ing but frustrate entrepreneurs Business Report staff writer Beth that businesses are expanding. 303-440-4950 or via email at cwood@ and add costly measures for busi- Potter reports in this edition, lending At JPMorgan Chase & Co., over- bcbr.com. ness. Thankfully, Congress and the BOULDER COUNTY PUBLISHER WEB/ART DIRECTOR CARTOONIST Administration saw that there was a Christopher Wood...... [email protected] Brittany Rauch...... [email protected] Ron Ruelle better way. BUSINESS EDITOR SALES DIRECTOR CONTRIBUTING PHOTOGRAPHERS We’re encouraged by the passage Doug Storum...... [email protected] Kevin Loewen...... [email protected] Jonathan Castner, Michael Myers of the JOBS Act, but we wish it REPORT BUSINESS DEVELOPMENT DIRECTOR WRITERS Jason Henderson...... [email protected] CONTRIBUTING WRITER had included some other provisions, VOLUME 31, ISSUE 9 Michael [email protected] Elizabeth Gold, Suzanne Pletcher, Robert Beth Potter...... [email protected] MARKETING MANAGER such as the Startup Visa changes BOULDER COUNTY BUSINESS REPORT Pyle 3180 Sterling Circle, Suite 201, De Dahlgren...... [email protected] that would make it easier for foreign COPY EDITOR Boulder, Colo. 80301-2338, is Dallas Heltzell...... [email protected] ACCOUNT EXECUTIVES To advertise or subscribe: 303-440-4950 entrepreneurs to launch businesses published biweekly by BizWest Marlena Rich...... [email protected] Fax: 303-440-8954 Online edition: www.BCBR.com Media LLC a Colorado corporation, RESEARCH DIRECTOR The entire contents of this newspaper are copyrighted by in the United States. in Boulder, Colo. Mariah Gant...... [email protected] CIRCULATION MANAGER Janet Hatfield...... [email protected] BizWest Media with all rights reserved. Reproduction or Still, in this political climate, use, without permission, of editorial or graphic content in PRODUCTION DIRECTOR we’ll take what we can get. Dave [email protected] any manner is prohibited. 27

Boulder County Business Report | www.bcbr.com April 13-26, 2012 | 27A

BCBRDAILY from 2A EYE from 3A ture to manage heat and reduce mois- “I was just taking my compost out to today’s demanding travelers in the covering the cost of tuition and travel ture. The Outlast technology is used this morning … and when I emptied Longmont-Boulder area,” said Bill Wei- for the public servants who represent to make clothing, footwear, bedding, it, it was terrible,” Kristen Hess said. berg, the complex’s lead general man- those in communities of people who packaging, labels and accessories, the “But when the can was inside the ager, in a press statement. “The up-to- traditionally are unable to afford legal company said. house, I had no idea of the smell. So date decor will have you boasting about services. The technology originally was it’s super-effective.” your stay in our upscale properties.” developed for NASA to protect astro- CompoKeeper’s compost cans The complex’s Residence Inn and This is only a test … . nauts from temperature fluctuations include a 3.5-gallon size for $39.95, Courtyard hotels, located along Dry Those good scientists at the in space. Founded in 1990, Outlast a 7-gallon receptacle for $49.95 and Creek Drive and visible along the National Weather Service will hold also has operations in Heidenheim, a 13-gallon version for $59.95, Kirst- Diagonal Highway west of Hover a test of the state’s tornado warning Germany, and in Tokyo. en Hess said. The cans are available Street, have undergone a complete system on Tuesday, April 17. (Also Golden Equity Investments invests for sale on the company website at revitalization of all guest rooms and tax day this year, just in case you’ve in growing companies in consumer campokeeper.com, she said, and are public spaces, including new granite been marooned on a desert island for and industrial markets. expected to be available in retail out- countertops and full-size appliances the last 365 days and didn’t hear the Posted April 4. lets by the end of the year. in the Residence Inn rooms’ kitchens news.) The Hesses are financing the opera- and larger work spaces. Lobbies at National Weather Service offices Product idea found in compost tion and making the cans themselves, both hotels have been modernized, as in Boulder, Pueblo, Grand Junction BOULDER — The founder of a Kristen Hess said, but they’re looking have the Courtyard meeting rooms. and Goodland, Kansas will issue test new compost can company, Com- for investors to finance a manufactur- Dining at the complex has been warnings between 9:15 and 10:30 poKeeper LLC, got the idea for the ing line. redesigned with the addition of The a.m. that morning, and you may hear product from Boulder’s curbside com- Compostable liner bags for the Bistro, which offers flexible seating, warning sirens. posting program. cans are available locally at McGuckin easier access to food and higher qual- Warnings also will be broadcast on Van Hess wanted to participate in Hardware, 2525 Arapahoe Ave., and ity, healthier menu options for break- local TV and radio stations. the program but didn’t want to deal at local King Soopers, Safeway and fast and dinner, including evening The National Weather Service is a with smelly, decomposing waste in Whole Foods grocery stores, Hess cocktails and 24/7 Starbucks coffee. division of the National Oceanic and his existing trash can. So, he went said. CompoKeeper also sells the liner The restaurant is open to the pub- Atmospheric Administration, which out to his garage and came up with a bags at wholesale prices on its website. lic for breakfast from 6 to 9:30 a.m. has more than 900 employees at its solution that combined a 100 percent Posted April 6. weekdays and from 7 to 10:30 a.m. federal lab site in Boulder. compostable liner with a trash can that on weekends, and nightly for dinner On average, 50 tornadoes touch he made, said Van’s daughter Kristen Marriott completes renovation from 5 to 10 p.m. down in Colorado annually, according Hess, co-founder of the company. LONGMONT — A $3 million ren- The renovation project was done to the National Weather Service. The can’s clamp device makes the ovation just completed at the Marriott under the direction of White Lodging We don’t know about you, but liner bag act like a giant Ziploc bag hotel complex in southwest Longmont Services and RLJ Lodging Trust. The we’ve never heard a tornado siren. that is clamped closed when not in includes extensive room and lobby southwest Longmont complex also The most eerie sirens we have ever use, Kristen Hess said. The cans also improvements and a new restaurant. is home to a third Marriott brand, a heard are the ones near Boulder Creek have foot pedals and hand levers to “We are extremely excited about SpringHill Suites hotel. that the city of Boulder cranks up open and close the clamps. our renovations and what it will offer Posted April 6. when the creek is running high. GREEN BUILDING AWARDS Meet the winners June 12.

This competition recognizes building owners and professionals who are leaders in making green building a common practice The Boulder County Business in the Boulder Valley. Awards will be presented in eight Report and the Colorado categories, including: ‰ The Best Green Restaurant, ‰ The Best Green Commercial Green Building Guild have Coffee Shop or Eatery Alternative Energy Building teamed up to present the ‰ The Best Green Commercial ‰ The Best Green Apartment Retrofit or Remodel or Multifamily Building inaugural Boulder Valley ‰ The Best Green Residential ‰ The Best New Green Home Green Building Awards. Retrofit or Remodel ‰ The Best Green Open Category ‰ The Best Green Retail Award (different building type than or Store Front above or other product or service business).

Join us to celebrate Boulder’s best in green building.

Purchase tickets for $20 at www.BCBR.com (click on events) 24A

28A | April 13-26, 2012 Boulder County Business Report | www.bcbr.com

Join Us For the 20th Annual Celebration April 25, 2012 11:30 a.m. - 1:30 p.m. Plaza Hotel & Conference Center (formerly the Radisson), 1850 Industrial Circle, Longmont, CO 80501

Titanium Sponsor

2012 Inductees Eugene Caranci – Former Executive Director, Louisville Chamber of Commerce Charles “Chuck” Sisk – Partner, Hurth, Sisk & Blakemore, LLP B. Scot Smith – Founder, Principal and Broker Associate, The Colorado Group, Inc. Diane Stow – Broker Associate, Re/Max Traditions Nathan Thompson – Chairman, Chief Executive Officer and Founder, Spectra Logic Corporation Eric Wallace – President and Co-Founder, Left Hand Brewing Company

Please join us as we honor these extraordinary Boulder County citizens for their achievements in business and the community. $55 per person. Reservations are required by April 19 Send your check written to the Boulder County Business Hall of Fame to: P.O. Box 2081 - Longmont, CO 80502 or visit www.halloffamebiz.com to make reservations and for more information

Gold Sponsors Silver Sponsors

Bronze Sponsors Copper Sponsors Ahlberg Funeral Chapel BC Services Inc. William Coleman Kottke & Brantz, LLC Longmont United Hospital Sun Construction & Facility Services, Inc. The Campus at Longmont The Colorado Group, Inc.