Brevard Business BBN News

Vol. 27 No. 11 March 16, 2009 A Weekly Space Coast Business Magazine Scott Center for Autism benefit at the oceanfront Pumpkin Center April 3

director of the Scott Center for Autism By Ken Datzman Treatment. “An Evening of Hope” is scheduled from This year, the Florida Institute of 7 to 10 p.m. on Friday, April 3, at the Technology will unveil its new Scott Center Pumpkin Center. Tickets to the benefit are for Autism Treatment on the Melbourne in the form of sponsorships, ranging from campus. The $5 million facility, now under $300 to $10,000. “We are seeing individu- construction with its cinder–block walls als and businesses in the region support going up, will be one of the few cutting– this event at all levels,” said J. Carey edge facilities of its kind in the Southeast- Gleason, Florida Tech’s associate vice ern United States. president for advancement and project Scheduled to open this fall, the center is director for “An Evening of Hope.” currently offering limited services for For example, Sutton Properties of Palm autism patients and their families through Bay, run by businessmen Fred Sutton and the Florida Tech School of Psychology and his son Cory Sutton, is a $10,000 “Hope” Liberal Arts. sponsor. The locally based CPA firm To help raise awareness of the new Berman Hopkins, Wright & LaHam is a 18,000–square–foot Scott Center and the $5,000 “Joy” sponsor, as is the Neuharth resources that will be available, Florida family. Tech is putting on a benefit to be hosted by A host of area businesses and private Al Neuharth and Rachel Fornes at their donors are getting behind the event, oceanfront home in Cocoa Beach, known in Gleason said. For details on sponsorship BBN photo — Adrienne B. Roth the community as the Pumpkin Center. information, call project coordinator “This is our first big event to build more Cynthia Smith at 674–6076 or send an Florida Tech will host its first benefit for the Scott Center for Autism Treatment on April 3 at the Cocoa Beach home of Al Neuharth and Dr. Rachel Fornes. Working behind the scenes to make ‘An Evening awareness of what’s available at the Scott e–mail message to [email protected]. of Hope’ a success are, from left, standing: Dr. Mary Beth Kenkel, Colleen Middlebrooks, Shawna Center for patients and their families. We The Pumpkin Center is on South Kelsch, Cynthia Smith, Kathryn Varnes, Gale Kempf and Kim Mikolajczyk. Seated: Dr. Fran want it to be a big success,” said Florida Warkomski, Polly Molnar, Dr. Fornes and J. Carey Gleason. They are at the Eau Gallie Yacht Club. Tech’s Dr. Fran Warkomski, executive Please see Scott Center, page 19 What does bank nationalization really mean to consumer, investor? A: There is no single definition. In its effective control of a company without Troubled Asset Relief Plan. This is By Kathleen Pender purest sense, the government would take buying any stock, as it has done with generally not considered nationalization Scripps Howard Service complete ownership of a bank, including all Fannie Mae and Freddie Mac, says because the preferred stock doesn’t have of its assets and liabilities, and run it day– banking analyst Bert Ely. voting rights. Nationalization. Nobody is sure exactly to–day, the way it operates the U.S. Postal The U.S. government has bought However, the Treasury has unveiled a what the word means, but its mere Service. If the company operated at a loss, preferred stock in the eight largest banks mention sends shivers up the spine. taxpayers would foot the difference. If the and hundreds of smaller ones under the Please see Bank, page 16 “Nationalization is a loaded term for a company was liquidated and its assets lot of people. It’s seen as the kind of thing exceeded its debts, taxpayers would be off that European or more socialist govern- the hook. ments do,” says Douglas Elliott, a fellow at A government could partially national- PRESORTED STANDARD the Brookings Institution. ize a bank without taking complete control. US POSTAGE But what, exactly, does nationalization Many people would consider a bank PAID mean and what are its pros and cons? Here nationalized if the government owned at BREVARD BUSINESS are some answers. least 51 percent of its common stock. NEWS, INC. Q: What is nationalization? The government could also take BBN DIGEST Bayview Construction president a panelist at Vegas trade show STUART — Ken Ringe, president of Bayview Construc- Bottled water quality at your tap! tion, landed a coveted role as a seminar panelist during the International Builders’ Show in Las Vegas, the world’s largest light–construction trade show. Ringe served as an expert panelist for the “Business Opportunities and New Markets” seminar, educating construction–industry Culligan colleagues about the importance of understanding the No more intricacies of bonding, accounting and lien issues. “I’m honored to have been selected to participate on this lugging or panel to help others become more informed and success- pick up BBN spilling ful,” said Ringe. “The construction industry is always water evolving, and it’s more important than ever to stay on top one with guy bottles of the numerous details of our business. Those who don’t adapt and stay up–to–date will not last very long in this carrying cooler very competitive industry.” During the seminar, the 35–year–plus construction Always have clean, veteran placed a notable emphasis on teaching attendees FREE installation how to “effectively transition from the residential to chilled water with a commercial sector of the construction industry.” Ringe and only point-of-use cooler and stated that proper accounting methods, strict adherence to $29.50 per month reverse osmosis government processes and regulations, and the establish- drinking water system. ment and implementation of standard office operating with a 12 month contract procedures “are critical to securing appropriate bonding for commercial projects.” The International Builders’ Show attracts more than 80,000 attendees. The event showcases 1.5 million square feet of exhibit space. Ringe is a member and immediate past chairman of the Florida Home Builders Association’s Commercial Builders 771 North Drive Council, a member of the FHBA’s Board of Directors, and served as a FHBA area vice president. He is also a Melbourne, FL 32934 National Association of Home Builders Council trustee, and former NAHB director. Ringe is a past president of the CulliganCentralFlorida.com Treasure Coast Builders Association and was voted as TCBA Builder of the Year in 2006. 321-255-5562 For more information, call (772) 283–9300 or visit www.BayviewConstruction.com. Filters changed annually, auto debit required. Limited time offer. See dealer for details. Riverside Bank’s Dee Cook honored Dee Cook was honored by Riverside Bank as a “Home- Guiding you through the world town Hero.” The award was presented to Cook by the of employee benefits: Crissy Riverside Bank team at the Indialantic office on 5th Health, Dental, Disability, & Life Insurance Avenue. “Dee is truly a ‘Hometown Hero’ because she • Health Savings Accounts (HSAs) continues to volunteer her time and knowledge to help • Section 125 Plans • Voluntary Benefits pick up BBN elderly individuals with their health–insurance needs,” • RFP Development & Scoring Bombacher 3-09-09 said Janice Bowman, office manager. “Each time she enters our bank she brings a warm greeting and a smile pick up BBN page 05 for everyone. It is a true joy to know and work with Dee.” Cook regularly volunteers her time with Serving Health 2-23-09 Insurance Needs of Elders, an organization that provides educational materials and “free, unbiased insurance page 12 “MORTGAGE MONEY” counseling to Florida elders, caregivers and family members.” Their goal is to help elders understand and B National receive the health–insurance coverage they need through Medicare, Medicaid, prescription assistance, long–term pick up BBN care planning and insurance, and other health–care issues. The “Hometown Hero” program recognizes people with a 1980 North Atlantic Ave. 321.799.9401 3-09-09 “positive community spirit, involvement in charitable and Suite 1007 [email protected] page777-3232 14 civic activities, and enthusiasm in promoting and support- Cocoa Beach, FL 32931 www.brombacher-insurance.com “Brevard’s most referred lender since 1981” ing their hometown.” BREVARD BUSINESS NEWS / 2 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN DIGEST BRPH adds four professionals to its growing architectural staff BRPH has announced the addition of four new architec- tural professionals to its offices in Melbourne and Orlando. Kyle Smith has joined BRPH’s Melbourne office as an architectural designer. He has more than eight years’ experience with educational, institutional, resort, hospital- ity, and mixed–use projects. Smith is a graduate of Drury University in Springfield, Mo., where he received his bachelor of architecture degree. 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MARCH 16, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 3 BBN EDITORIAL Researchers: Consumer medication information falls short from private companies that collect and format the data for metformin at 364 pharmacies. Twenty–two pharmacies By Laura Mize pharmacies to distribute. did not distribute any information on the medications “In the late 1990s, the FDA was on the verge of aside from bottle labeling. Individual leaflets were Two University of Florida pharmacy faculty members implementing regulations that they had generated about assigned points indicating their adherence to predeter- told a U.S. Food and Drug Administration panel that the content and the format of consumer medication informa- mined criteria. Those receiving less than 60 percent of the information that accompanies prescription medicine often tion that was given to patients when they got prescriptions total possible points were deemed not helpful for patients. does not follow FDA format and content recommendations. filled,” Kimberlin said. “Congress stopped that regulation Out of pharmacies that did hand out leaflets of informa- Consumers should be able to easily recognize essential from going into effect and said that they would leave it to tion, the mean quality score for lisinopril information was information in the drug handouts, and the fonts should be the private–sector efforts but charge the FDA with 62 percent, while the mean quality score for metformin relatively large and readable. All these factors affect the evaluating how well the private sector was doing.” information was 59 percent. quality and accessibility of the instructions and other In 2001, the FDA funded a study by University of In addition, Winterstein said the increase in informa- information consumers need to safely take their prescrip- Wisconsin researchers that sent trained shoppers to tion doesn’t mean it is useful to patients or easily under- tion medicines. pharmacies across the country to fill prescriptions for stood, and it may actually hinder comprehension in the But much of this information does not comply with FDA specific medications. Pamphlets of information handed out long run. For some patients, she emphasized, knowing how guidelines for formatting and content, according to Carole with the drugs were then evaluated by a group of experts to properly use their medications can be a matter of life or Kimberlin, a professor of pharmaceutical outcomes and according to FDA standards for factors such as the death. policy, and Almut Winterstein, an assistant professor of comprehensiveness of the information and its format. “I think this is more a philosophical issue of how much pharmaceutical outcomes and policy. Non–experts also evaluated the documents for consumer do you want the government to regulate certain things,” The FDA does not have regulatory authority over such usefulness. Winterstein said. “A private company will only put as information, so it varies from one pharmacy to the next — Kimberlin and Winterstein conducted a similar study much effort financially into this as requested or required. I even for the same medications. The information comes in 2008, also with FDA funding, and compared their mean some of these leaflets are really bad, to say the results with the previous ones. least.” “What we found was that there was more content, more She said she hopes the research will prompt policy pieces of information included in most of the information change on the issue. “The reality is our research shows Brevard Business leaflets that were given to patients,” said Kimberlin, “but that after this has been in the private domain for a decade BBN News that the formatting, the reading level, the font size, how now, it really is not up to what is needed,” she said. “So easy it is to read in terms of the spacing between lines — from that perspective, I think the FDA has a good chance all of the formatting that would make it more readable and right now that people will agree that having a more 4300 Fortune Place, Suite D interpretable did not improve at all.” prescriptive system would probably be better.” West Melbourne, FL 32904 Even with the additional information, some pamphlets Lucinda Maine, executive vice president of the Ameri- (321) 951–7777 did not include all the vital content recommended by the can Association of Colleges of Pharmacy, said the findings fax (321) 951–4444 FDA. are important and detailed. BrevardBusinessNews.com Researchers examined the information handed out with “Very few studies approach this question at the level of prescriptions of the heart medication lisinopril at 365 specificity and detail that the 2001 and 2008 studies have pharmacies and with prescriptions of the diabetes drug used,” said Maine, who was not involved in the research. PUBLISHER Adrienne B. Roth

EDITOR Sheriff recognizes citizens, officers at awards ceremony Ken Datzman Brevard County Sheriff Jack Parker and his command Mastin, Volunteer of the Year; Don Frantzen, Reserve staff recently hosted the 2008 Sheriff’s Office Annual Deputy Sheriff of the Year; Cheryl Pelletier, Communica- OFFICE MANAGER Awards Ceremony at Viera High School. tions Officer of the Year; Kerri–Ann McGuire, Civilian Frank Schiffmann Once a year the Sheriff’s Office employees and their Employee of the Year; Sgt. Brian Seeley, Corrections families come together to celebrate the accomplishments Officer of the Year; Cpl. Will Haggerty, Deputy Raonel Brevard Business News is published every Monday by from civilian and sworn employees, volunteers, and Barrial and Deputy Brad Cervi, Deputy Sheriff of the Year. Brevard Business News Inc. Bulk Rate postage is paid at residents in the county. “A special thanks goes to the professional staff at Space Melbourne, FL and Cocoa, FL. This publication serves The Sheriff’s Office Awards Committee recognized Coast Government Television and Brevard Community business executives in Brevard County. It reports on these people at the event: field–training officer Jeremiah College’s WBCC Studio who filmed the ceremony,” said news, trends and ideas of interest to industry, trade, Mackey, who was presented with the Sergeant Lucy Ross Parker. The ceremony will air on the Brevard County agribusiness, finance, health care, high technology, Award; Jim and Jonnie Swann, Citizen of the Year; Fred Government channel in the near future. education and commerce. Letters to the Editor must include the writer’s signature Brevard County Manager of Year nominations and printed or typed name, full address and telephone The Florida Space Coast Council of the National Management Association is sponsoring the Brevard County Manager number. Brevard Business News reserves the right to edit of the Year Award and it needs your nominations. This prestigious award, presented during Management Week in all letters. Send your letters to: Editor, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, America (June 1–5), provides an opportunity to recognize the achievements of a manager or leader within your organiza- 32904, or email [email protected]. tion. A panel comprised of community leaders from areas such as media, banking, education, medical, and business will select the winner. The nominee must be of the “highest moral and ethical principles and have a record of continuing Subscription Rates for home or office mail delivery are achievements in the community and professionally.” They must be recognized by his or her organization or profession to $26.00 for one year (52 issues). Send all address “have made a significant contribution to the success of the organization or the profession.” Mail your nomination of 2,000 changes to: Circulation Department, Brevard Business words or less, describing why your manager or leader deserves the honor of 2009 Brevard County Manager of the Year, to News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904, or email [email protected]. the FSCC Awards Committee, Attn: Shirley Jenkins, P.O. Box 21214, Kennedy Space Center, Fla., 32815–0214; or by e– mail to [email protected]. The deadline is March 31. For more information, contact Jenkins at 476–5405.

BREVARD BUSINESS NEWS / 4 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN DIGEST International panel underscores global dimensions of space age COLORADO SPRINGS, Colo. — The exploration, development and use of space is an increasingly interna- tional activity. To date, nine countries operate spaceports, and more than 50 countries own or have partial ownership in satellites. The citizens of 39 nations have traveled in space. Highlighting the growing global nature of space activities, the 25th National Space Symposium will feature an international panel discussion with speakers represent- ing non–U.S. agencies from three continents. The 25th National Space Symposium will take place March 30 to April 2 here at The Broadmoor Hotel. The symposium brings together all sectors of space to highlight Founders Forum accomplishments and address opportunities and issues facing the industry. With its theme “The Next Space Age,” new ad emailed this year’s program focuses on major shifts in the econo- mies, philosophies, and mechanics of the global space industry. The “International Agencies Look to The Next Space Age” panel will feature Jean–Jacques Dordain, director general, European Space Agency; Dr. Steve MacLean, president, Canadian Space Agency; Hideshi Kozawa, executive director for planning and management and international relations, Japan Aerospace Exploration Agency; and Dr. Paul Weissenberg, director, coordinator for aerospace, security and defense, European Commis- sion. This panel will address how the nations of the world are building space programs, the economic and technical impact of the globalization of space, and the political implications of a multi–national cosmos. The symposium offers workshops, forums, panels and presentations covering all aspects of space, a number of special dinners and luncheons, and presentation of several prestigious space–related awards. The event also includes programs for selected teachers and students, a Space Career Fair, and the Boeing Exhibit Center representing more than 140 organizations and companies. More than 7,500 registrants, guests, speakers, exhibitors, and media representatives from around the world are expected to attend. Cosponsors of the symposium include: Aerojet, The Aerospace Corp., A.I. Solutions, Analytical Graphics Inc., Artemis ATK, ARES Corp., ASRC Federal, Ball Aerospace & Technologies Corp., Boeing, Braxton Technologies, Cisco pick up BBN Systems Inc., Cobham, General Dynamics, Hitachi Consulting, Honeywell, IBM, Infinite Links, Intelsat 3-02-09 General Corp., Johns Hopkins University Applied Physics Luce Laboratory, Lockheed Martin, Northrop Grumman, United page 9 Space Alliance, Webster University, and the University of next in series Colorado at Colorado Springs. Event registration and more information, including an updated program and agenda, are available at www.NationalSpaceSymposium.org. Browning’s Pharmacy & Health Care

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BREVARD BUSINESS NEWS / 6 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN DIGEST New program offers mentoring for women engineering students DAYTONA BEACH — Embry–Riddle Aeronautical University has launched an innovative peer–mentoring program to help young women aspiring to become engi- neers successfully transition from high school through the critical first year of college. The program is called “Female Initiatives: Reaching Success Together,” or FIRST. It is funded by a grant from the Boeing Co. The program hopes to help curb the dropout rate of female engineering students in their first year by providing them with tutoring in math, physics and special activities. Of the several engineering disciplines offered at Embry–Riddle, the aerospace–engineering program is the largest in the nation and ranked No. 1 by “U.S. News & World Report,” among universities without doctoral programs. Nationally, women majoring in engineering programs YOUR BUSINESS IS OUR BUSINESS represent roughly 20 percent of the undergraduate YOUR BUSINESS IS OUR BUSINESS  Small Business Services  Accounting Software Support population at universities such as Embry–Riddle. How-  Small Business Services  Accounting Software Support ever, the dropout rate for these women is much higher  Corporate & Individual Tax Returns  Tax Planning & Strategies  Corporate & Individual Tax Returns  Tax Planning & Strategies than their male counterparts, according to Joanne Detore–  Auditing & Accounting  Qualified Intermediary for Nakamura, Embry–Riddle’s director of diversity initiatives  Auditing & Accounting  Qualified Intermediary for  Financial Reviews & Compilations 1031 Exchanges and an associate professor, humanities and social sciences.  Financial Reviews & Compilations 1031 Exchanges National data on student retention from the National American Institute of Certified Public Accountants Academies of Engineering indicate only 40 to 60 percent of AmericanFlorida Institute Institute of of Certified Certified Public Public Accountants Accountants entering engineering students persist to an engineering Florida Institute of Certified Public Accountants  degree, and women are at the low end of that range, 3210 N. Wickham Road , Suite 5 Melbourne, FL 32935 Phone 321-752-99673210 N. Wickham Fax Road 321-752-9927 , Suite 5  Melbourne, www.bouvierassoc.com FL 32935 despite many being high academic achievers.   “FIRST is a partnership between our College of Phone 321-752-9967 Fax 321-752-9927 www.bouvierassoc.com Engineering, the Office of Diversity Initiatives, and its Women’s Center to give our students an important SomeSomeSome see seesee land landland confidence boost during their first critical semester when all freshmen–males and females alike–are confronted with WeWe see see possibilities possibilitiespossibilities a whole new culture and set of demands,” said Detore– bouvier photo to dark Nakamura. “Females in the engineering programs tend to quit their major at a much higher and faster rate than males– pleaseMelbourne MelbourneMelbournefix Office Office Condos Condos particularly if they encounter a stumbling block, such as NasaNasaNasa Palms Palms Professional Professional Center Center not passing a class. Pairing female freshmen with success- $150$150$150 SF SF for for the the Building Building Shells Shells ful upper–class women, assigning faculty mentors, and engaging them in peer group activities helps them see they 1,7771,7771,777 SF—1535 SF—1535 W. W. Nasa Nasa Blvd. Blvd. are not alone if they want to pursue their dream,” she said. 2,2182,2182,218 SF—1555 SF—1555 W. W. Nasa Nasa Blvd. Blvd. A 2002 report investigating why women left engineer- 6,0006,0006,000 SF—1120 SF—1120 Broadband Broadband Dr. Dr. (photo) (photo) ing programs found that two–thirds who left were earning 6,0006,0006,000 SF—1160 SF—1160 Broadband Broadband Dr. Dr. A’s and B’s, but were leaving because they felt isolated WillWillWill subdivide subdividesubdivide to to 1500 1500 - 6000- 6000 SF SF from the industry and from other women at the university. Some 50 students and eight faculty and staff are part of LeaseLeaseLease is is isnegotiable negotiable - -Please Please call call for for rates ratesrates the FIRST program’s initial class, begun in September, NewtonRockledge RockledgeRockledgeLand Retail/Office Retail/Office Condos Condos according to Cindy Oakley–Paulik, the program’s creator TheThe Floridian Floridian and director of Embry–Riddle’s Women’s Center. Fresh- pick up BBN men students meet with their upper–class mentors several $195$195$195 SF SF for for the the Building Building Shells Shells times a month in one–on–one and group settings to I'll let you know Phase 1-A (May 2008) - 16,000 SF address a variety of issues. PhasePhase 1-A 1-A (May (May 2008) 2008) - 16,000- 16,000 SF SF Plans to expand the FIRST program to freshmen BarnesBarnesBarnes Blvd. Blvd. East East of of Murrell Murrell Rd. Rd. women majoring in aviation science (professional pilot), WillWillWill Subdivide Subdivide 1000 1000 - 6000- 6000 SF SF another area of higher female attrition, are in the works FULL COLORLeaseLeaseLease is is negotiable negotiable - -Please Please call call for for rates ratesrates for the fall 2009 semester, according to Oakley–Paulik. Young women interested in learning more about the 152152152 N. N.N. Harbor Harbor City City Blvd., Blvd., Ste Ste 200 200200 program can contact Oakley–Paulik at (386) 226–7004 or www.newtonland.comwww.newtonland.com Melbourne,Melbourne, FL FL 32935 32935 send an e–mail message to [email protected]. *Prices*Prices subject subject to to change change without without notice. notice. (321)(321) 751-6850 751-6850 Fax Fax (321) (321) 751-6851 751-6851

MARCH 16, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 7 BBN DIGEST BCC students to compete in Brain Bowl tournament For the second year in a row, the Brevard Community College Brain Bowl Team will compete March 26–28 at the 28th annual state Brain Bowl Tournament held at BCC in Cocoa. The tournament is sponsored by the Florida Community College Activities Association. The team recently competed in the East–Central regional at Seminole Community College in Oviedo. The team competed in five rounds with 44 questions per round. The students, who will now compete at the state level, are Carter Adams, Bradley Crow, Michael Curtiss, and Soliz Perez–Rivera. “Our team worked hard again this year, and it paid off with another invitation to the state tournament,” said Dr. Raymond James Rick Parrish, team sponsor and a history professor at BCC in Melbourne. During the regional competition, Adams held the highest individual score of all players with 510 points, Dr. new ad emailed Parrish said. Curtiss and Perez–Rivera were in the top 10 individual scoring within the region as well, he said. The BCC team qualified for a wildcard berth by scoring the second–best average per game among the other non– qualifying teams across the state, Dr. Parrish said. The team from Florida Community College in Jacksonville won the regional championship and Central Florida Commu- nity College placed second. SunTrust promotes Donna Fox SunTrust Bank has promoted Donna Fox to vice president. The announcement was made by Ray Sandhagen, CEO of SunTrust Bank of Central Florida. Fox is a branch manager at the Titusville office and is responsible for leading a team of financial–services professionals. SunTrust Banks Inc. is headquartered in Atlanta. For more information about the company, visit www.suntrust.com. Florida Tech granted Phi Kappa Phi chapter Florida Tech has been granted permission to install a chapter of Phi Kappa Phi. The Honor Society of Phi Kappa Phi is the “nation’s oldest, largest, and most selective all– discipline honor society.” Phi Kappa Phi inducts annually roughly 30,000 students, faculty, professional staff, and alumni. Once inducted, Phi Kappa Phi members gain a lifelong passport to a global network of academic and professional opportunities. Since its founding in 1897, the Society has initiated more than 1 million members, including former President Jimmy Carter, writer John Grisham, NASA astronaut Wendy Lawrence, and Netscape founder James Barksdale. The local officers are: president, Randy Alford, associate provost, Graduate School and International Programs; president–elect, Mary Bonhomme, associate provost for online learning; secre- tary, Deborah Marino, director, Holzer Student Health Center, Florida Tech; treasurer, John Trefry, professor, College of Engineering; and public relations, Bob Taylor, department head, associate professor, College of Psychol- ogy and Liberal Arts. The installation and initiation ceremony will be held at 5:30 p.m. on May 5 in the Gleason Performing Arts Center on the Tech campus in Melbourne. More than 900 students will be invited to join the chapter because of their “superior scholastic performance.”

BREVARD BUSINESS NEWS / 8 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN DIGEST SHS Project Graduation to host ‘Casino Night’ benefit on April 17 The students and parent team planning Satellite High School’s Project Graduation will hold a “Casino Night” fund–raiser April 17 at the David R. Schechter Community Center in Satellite Beach. The group, led by SHS parent Joan Pectol, hopes to Expect more opportunity knocking. raise $7,000 at the event, which will be used to purchase prizes for Project Graduation. “The prizes are the ‘big draw’ for student participation in Project Graduation, What happens when your business and your bank are perfectly in synch? When and with 450 graduates, plenty of grand prizes are you share a common vision, banking becomes as easy and enjoyable as riding a bike. Even needed.” Project Graduation is an all–night, alcohol– and drug– easier? Finding the bank. With over Regions600 business bankersBank to serve you, a Regions specialist free party for graduating seniors. is prepared to understand your business and its unique needs. You deserve insight into the Last year’s “Casino Night” drew “a large enough new ad emailed crowd that the venue was changed to the Schechter Regions products that will benefi t you and your business most, including business checking, Center,” which can accommodate up to 200 guests. This fl exible lending products, portfolio management, retirement planning, cash management and year’s theme is “Casino Royal.” Guests may dress up if more. Just come in to speak to a business specialist today, or call 1.800.REGIONS and ask they wish, but casual attire is permitted. The event will FULL COLOR feature silent auctions and raffles throughout the night. to be connected to the business specialist nearest you. We want to work with you today and People age 21 or older who are interested in support- down the road. ing Project Graduation are invited to attend the benefit. Tickets are $25 and must be purchased in advance. Tickets can be requested by sending an e–mail message to [email protected] and providing a name and phone number. Tickets may also be purchased by calling Charla Myers at 773–6169. Cash donations to SHS Project Graduation and prize donations for Casino Night are needed. Call Pectol at 779–4656 or contact her at [email protected]. Cape Canaveral Hospital accreditation Cape Canaveral Hospital in Cocoa Beach has received To learn more, call 1.800.REGIONS or visit regions.com . the prestigious nuclear–medicine accreditation from the American College of Radiology. The ACR awards accreditation for the achievement of “high standards after a peer–review evaluation of a facility’s practices.” Image © 2009 Regions Bank. Member FDIC. All loans subject to credit approval. quality and procedure evaluations are conducted by board–certified radiologists and medical physicists who are experts in the field. While a handful of clinics in Brevard have similar accreditation, Cape Canaveral Hospital says it is now “the only full–service, fully– accredited hospital in Brevard County to receive nuclear– medicine accreditation from the ACR.” NeedNeed to lower your insuranceinsurance costs?costs? Martin awarded EcoBroker designation Joli Martin, a Realtor with ERA Showcase Properties & Investments in Merritt Island, has earned the Intercoastal Insurance, Inc. has many partners that enable us to provide you with EcoBroker certified designation. She completed “a unique the most competitive rates and benefits. We provide business solutions with a service and informative training program on the energy and oriented approach for small and large employers. environmental issues that affect real–estate transac- tions.” With national surveys indicating that 80 percent of consumers consider themselves “green–minded,” real– Cynthia R. Dropeski, RHU, REBC, GBDS, President, 26 years experience estate professionals with the EcoBroker designations are Annie Finlay, Agent, Aflac Specialist,Intracoastal VP Sales, 10 Insuranceyears experience better positioned to serve the real–estate consumer, said Julie Chiles, Agent, VP Client Services, 11 years experience Martin. “I’m always looking for the best ways to offer my Tonya Snodgrass, Agent, Sr. Accountnew Manager, ad 13emailed years experience clients the best value. My EcoBroker training helps me to Susan Cambra, Quoting Analyst, 10 years experience ensure customer satisfaction, my number–one priority. From windows to moisture control to energy savings, I www.intercoastalinsurance.comwww.intercoastalinsurance.com now have more resources at my disposal to help my FULL COLOR buyers and sellers make better real–estate decisions,” 321-253-2662321-253-2662 she said. For additional information about the program, contact Martin at 453–7700. 690690 EauEau GallieGallie Blvd.Blvd. Melbourne,Melbourne, FLFL 32935

MARCH 16, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 9 BBN BUSINESS As school budgets shrink, SCCU expands its Education Donation program to help teachers purchase materials and supplies for their classrooms; individuals and businesses can make impact While points can be earned faster on credit By Ken Datzman cards, many SCCU members “prefer to do all their purchasing with their Visa Debit Cards. So State budgets across the nation have been this expansion of the program is a reflection of under pressure because of the economic woes, our members’ preferences in using their SCCU and are impacting municipalities of all sizes. accounts,” said Teresa Farnsworth, SCCU’s vice Budgets have been sliced and the cutbacks are president of retail operations. affecting students, teachers, and communities. The Education Donation program also Teachers are especially feeling the pinch in reflects the credit union’s corporate structure, the classrooms. In Brevard County, an increas- said Doug Samuels, SCCU president and CEO. ing number of teachers said their basic supplies “This program isn’t about a large corporate for the school year had been used up weeks donation. This is about allowing our 155,000 before the Christmas break. Area teachers members to pool modest, individual donations typically spend hundreds of dollars of their own together in order to make a difference in the money annually to purchase materials and community. It’s also important to keep in mind supplies for their classrooms. These purchases that the credit union doesn’t decide where the fall outside of the general school budget. money goes; each member makes that choice. “It’s not unusual for a teacher to spend $400 All SCCU does is facilitate the donation,” he to $500 a year to just keep their classroom said. stocked with supplies. First–year teachers often “If one member donates $6.50 a month that spend more than $1,000 on classroom materials amounts to $78 a year. It will help teachers with and supplies,” said Meredith Gibson, senior vice their out–of–pocket purchases for such things as president of marketing for Melbourne–based paper, or workbooks, or perhaps a globe or map Space Coast Credit Union. of the world for their classrooms,” said Gibson. To address the issue of basic classroom out– Here is how the program works. Members fill of–pocket costs for teachers, Space Coast Credit out a short form, either online or at a branch, to Union developed a fund–raising program to register a card by providing the 16–digit card assist public and private schools, which it is now number and selecting a percentage of points to expanding. donate. The credit union deducts the donated The credit union’s Education Donation points from the total earned each month, program allows members to donate a portion of converts the points to a cash equivalent, and the rewards points they earn on their SCCU maintains a non–interest–bearing account for BBN photo — Adrienne B. Roth Platinum Visa cards or Visa Debit/Checking each recipient, Gibson said. Tanya Boggs is senior V.P. of mortgages and business services for Space Coast Credit cards to support education in the community. Donations can be cancelled or changed at any Union. The credit union’s Education Donation program allows members to donate a Donors can dictate where their dollars go, time, allowing members to donate to different portion of the rewards points they earn on their SCCU Platinum Visa Card or Visa whether it’s to a teacher, school group, athletic teachers and organizations as their child Debit/Checking Card to support education. Donors can dictate where their dollars team or Parent–Teacher Organization. “We proceeds through school. “Right now,” said go, whether it’s to a teacher, school group, athletic team or a Parent–Teacher think this is a great way for businesses and Gibson, “I am contributing to Project Graduation Organization. individuals to support education in the commu- at Satellite High School.” Project Graduation is nity,” Gibson said. “These are challenging times charged with the task of organizing a safe, awareness of the program among teachers. Part of the foundation’s mission for school districts and every donation can have after–graduation celebration for seniors. in the community is to match donations from the private sector. an impact on learning.” Recipients get a statement delivered to their “Teachers spend their own money for many things that keep the Until recently, only points earned on SCCU school each month showing the amount classroom going, and this program helps compensate them for those credit cards could be donated, she said. Now, the available to redeem. To receive the available expenses,” said Lynn Clifton, director of the Brevard Schools Foundation. credit union’s debit/credit cards are included in funds, recipients bring the statement to one of “Many people do not realize that teachers often purchase items like the program. “We have launched a new credit– SCCU’s branches and present their school ID. binders, paper, pens, and pencils for students whose families are unable to card and debit–card program for businesses that “We know that teachers can’t readily get out of provide them. This program can also help with field–trip expenses, also earns the scorecard rewards, and we have the classroom during the workday,” said supplies for group projects, and similar efforts that would have to be paid extended the Education Donation program to Farnsworth. “So we can process the redemptions for by the teacher or the parents because they aren’t in the budget,” she the business cards as well,” Gibson said. at SCCU drive–through locations — which are adds. Tanya Boggs says SCCU “has made business open longer hours than the branches — and by Clubs and teams can also benefit from the program. “It’s a good fund– services a strategic focus” of its organization. mail.” raising option for Parent–Teacher Organizations,” said Gibson. “Business services at SCCU experienced growth Donations can be directed to recipients at A registration form for the Education Donation program can be in 2008. We have money to lend to small public and private schools, and to home–school downloaded at www.sccu.com. Those interested in joining SCCU or in businesses,” said Boggs, senior vice president of groups. In 2008, the Brevard Schools Founda- obtaining a credit or debit card can call the credit union’s main number, mortgages and business services. tion partnered with SCCU to help raise 752–2222, and speak to an “express–services associate.”

BREVARD BUSINESS NEWS / 10 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN BUSINESS RBC Bank in region participates in voluntary Temporary Liquidity Guarantee Program, industry–funded initiative backed by FDIC guarantee, offers unlimited coverage on non–interest accounts the participating entity.” By Ken Datzman Institutions had the opportunity to enroll in one part of the program or the other, or both. Late last year, the Federal Deposit Insurance Banks had to notify the FDIC by Dec. 8. RBC Corp., working with the U.S. Treasury and the Bank elected to participate in both program Federal Reserve, crafted the Temporary segments, he said. Wood says his bank is getting Liquidity Guarantee Program, which some a good response from customers who are institutions are now participating in, including interested in the unlimited coverage on their RBC Bank in Brevard. non–interest–bearing accounts. The TLGP is composed of two separate “The response has been very encouraging, pieces. One part of the program provides for full especially in our large markets like Orlando. FDIC coverage of non–interest–bearing deposit– But even locally we are seeing people take transaction accounts, regardless of the dollar advantage of the program. It’s a more efficient amount, while the second component guaran- way for a customer to stay with one bank as tees newly issued senior unsecured debt of opposed to spreading his or her money among a banks, thrifts and holding companies. number of financial institutions. The customer Area bankers say the 100 percent deposit is looking for safety and this is the answer. We coverage by the FDIC is a significant step offer that guarantee.” toward bolstering confidence in the system and The program is attracting money from making it more convenient for large depositors “pension–fund managers and other fiduciary– to hold their money at one institution. type professionals,” he said. Non–interest–bearing accounts are tradi- The TLGP expires on Dec. 31, 2009. After tional checking accounts that don’t earn interest. that date, these accounts will be subject to the The full account coverage is aimed primarily at basic insurance amount. “My gut feeling is that business accounts that need to keep larger the FDIC will extend the program beyond that balances for covering payrolls and meeting other date. I don’t believe the U.S. economy will have business needs. But it also extends to all non– recovered by the end of 2009,” said Wood, who interest–bearing accounts, whether they are spent five years with American Express as an held by businesses or by individuals and independent financial adviser in Tampa before households. moving to Brevard in 2005. “Traditionally, the FDIC has provided He also thinks it’s time for the FDIC to revise $100,000 maximum coverage on accounts,” said its basic deposit coverage. “I would think it Bill Wood, a vice president and community might stay at $250,000 as the minimum.” The banker with RBC Bank in Brevard. American Bankers Association says it supports “The FDIC increased the coverage to making permanent the $250,000 deposit BBN photo — Adrienne B. Roth $250,000 when the economy started to weaken. insurance limit. Bill Wood is with RBC Bank in Brevard. His bank offers full FDIC coverage of non– I think most consumers are aware of the Last year, Congress temporarily raised the interest–bearing deposit accounts, regardless of the dollar amount, under the increased FDIC coverage. But not everybody is basic deposit–insurance coverage from $100,000 Temporary Liquidity Guarantee Program. Not all banks elected to take part in the aware of the Temporarily Liquidity Guarantee to $250,000 per depositor. A depositor may FDIC program. Banks pay a fee to enroll in it. Wood says the program offers customers Program, which offers unlimited coverage, well qualify for more than the basic insurance convenience and safety. He is at RBC’s Gateway office in Melbourne. beyond the typical $250,000 FDIC insurance, on coverage at one insured bank if the funds are non–interest–bearing accounts,” he said. held in different “ownership categories,” such as markets, sectors and industries. However, RBC’s lenders are looking at the In today’s market, consumers are being single accounts, joint accounts, certain retire- deals with a closer eye. If the borrower is financially strong and the deal squeezed on their returns. They might be ment accounts, and trust accounts. For example, makes sense, we want it to be part of our loan portfolio and we’re offering earning 1 percent or less in their checking a depositor’s money in three different ownership competitive rates and terms,” Wood said. accounts and perhaps up to 2 percent in one– categories at one bank can qualify for up to Royal Bank of Canada, parent of RBC Bank, has been named one of the year certificates of deposit. “A lot of people are $750,000 of FDIC coverage. world’s top 100 sustainable companies, according to the fifth annual willing to trade that interest for the safety of Under the law, the basic FDIC insurance “Global 100: Most Sustainable Corporations in the World.” The ranking having the FDIC insurance,” Wood said. limit is scheduled to return to $100,000 on Jan. was announced at the recent World Economic Forum in Davos, Switzer- He adds, “This program is for the large 1, 2010. However, the FDIC says the reduction land. investor. If a customer wants to deposit in coverage starting 2010 will not affect certain “We’re proud of the honor. RBC has consistently been named to the $500,000, for example, in the bank and have it retirement accounts, which will continue to be ‘Global 100’ list,” Wood said. fully insured, he or she can do that at RBC protected up to $250,000. This is the fifth consecutive year that RBC has been named to the Bank. This is a voluntary government program On the commercial–loan side of the business, “Global 100” compiling. The list identifies companies that have “best– and not every bank elected to take part in it RBC says its “lending doors are definitely open. developed abilities — relative to their industry peers — to manage because there is a fee involved. Fees are paid by We are approving loans in many different environmental, social, and governance risk and opportunities.”

MARCH 16, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 11 BBN DIGEST

Florida Tech’s 6th Annual Brenner Real Estate closes six local commercial leases Brenner Real Estate Group, a full–service commercial real–estate firm based in Fort Lauderdale with offices in Melbourne, has announced the signing of six commercial Chopper Dropper leases in the local market. l Sen. Mike Haridopolos has leased 1,500 square feet of Friday, March 13, 2009, 5:30 p.m. Suntree Country Club office space within Suntree Business Center, 3270 Suntree Blvd., in Melbourne, for a legislative government office. Colette Wood, local commercial leasing and sales associate What do 2,000 golf balls, a helicopter and a cocktail party have in common? with Brenner Real Estate Group, represented the lessee. Carla Casey, regional manager and property manager ForFla a donation Tech of $50* you can have a BALL for the Brenner Real Estate Group in Melbourne, and and a chance to win $25,000! Wood, handled the following transactions: l Subway Real Estate Corp. d/b/a Subway, a retail Your ticket purchase also allows you and a guest to sandwich shop in operation for 14 years, has renewed its pick up attendBBN the reception and watch the action live! lease of 1,200 square feet of retail space within the Centre Grand Prize at Suntree, 6300 N. Wickham Road, in Melbourne. Casey 3-02-09 and Wood represented the lessor, Golden Triangle Realty $25,000page 5 LLC. l Williams Realty Group, a 10–year–old real–estate firm, has renewed its lease of 400 square feet of retail We’ll be flying high when we drop 2,000 numbered balls from a helicopter. The closest ball to space within Suntree Plaza, 6955 N. Wickham Road, in FULL COLOR Melbourne. Casey and Wood represented the lessor, St. the pin wins $25,000! 2nd closest to pin wins $10,000, 3rd closest wins $5,000 and 10 lucky Andrews–North LLC. l Ernst L. Chang has leased 351 square feet of office people win $1,000 each! Plus, three non-cash prizes. space within Imperial Plaza Executive Suites, 6767 N. Wickham Road, in Melbourne. Casey and Wood repre- sented the lessor, Sterwick Development Corp. Visit www.chopperdropper.com for more information or tickets. l RML & Associates, a benefits–package business, has expanded its lease by 170 square feet for a total of 336 square feet of office space within Imperial Plaza Executive Suites. Casey and Wood represented the lessor, Sterwick Development Corp. l Thad Altman has renewed his lease of 168 square feet of office space within Imperial Plaza Executive Suites for a government office. Casey and Wood represented the lessor, 150 W. University Blvd. Melbourne, FL 32901 Sterwick Development Corp. Brenner Real Estate Group provides brokerage, $OOSURFHHGVIURP6SRUWLQJ$IIDLUZLOOEHQHÀW3DQWKHUDWKOHWLFVFKRODUVKLSV development, sales investment, property management, *Suggested donation EX-111-209 asset management, and receivership services for office, Uniform Mart multifamily, industrial/commercial, and retail properties. The firm has been serving Florida since 1987. pick up BBN For more information, visit www.breg.net, or contact Allied the firm locally at 242–4575. 2-16-09 pick up BBN Watersong welcomes Larson as director page 17 2-16-09 Watersong, a luxury, all–inclusive retirement commu- nity located in the heart of Viera, has announced the page 17 addition of Sharon Larson as the new social director. Larson is responsible for planning and coordinating the social activities for the community’s independent–living residents. She is also responsible for coordinating the PUT YOURSELF IN OUR PLACE organization’s marketing events and social events under ERA the supervision of the executive director. Larson is a OFFICE & RETAIL SPACE graduate of the Philadelphia Biblical University in LOCATED IN PALM BAY pick up BBN Longhorn, Pa. She has worked as an executive assistant; a AND MELBOURNE fitness instructor in Viera, Rockledge, Cocoa Beach and 3-09-09 Melbourne; and as business manager of Suntree Florist’s 725-1240 and Gifts in Melbourne, among holding other positions. page 18 For more information on Watersong, visit www.water– FREE RENT song.com or call 253–6324.

BREVARD BUSINESS NEWS / 12 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN DIGEST Arts and crafts retailer Michael’s to open at new Hammock Landing Michaels, the world’s largest arts and crafts specialty retailer, is breaking ground in its category with a unique new store design at Hammock Landing in West Melbourne. The new store, located at 205 Palm Bay Road, N.E., opens March 29 with several in–store festivities to celebrate the occasion. The new store replaces the old location on New Haven Avenue in Melbourne. “Our new store breaks the mold of what customers expect from a crafts store,” said David Steinleitner, store manager. “We’ve heard from our community for several months now and know they’re eager for the new store to open in time for Easter and spring projects.” The store is an open, modern design with wider aisles, warm colors, brighter lighting, “inspiration kiosks” for project ideas, and work spaces for customers to lay out an idea or design before purchasing. Items are also organized Astronaut Hall of Fame to make shopping easier and to reflect shoppers’ habits, Steinleitner said. “Key departments, like jewelry, scrapbooking and merchandise for kids, are greatly expanded to become a store–within–a–store.” new ad emailed The scrapbooking department is at the center of the store with a new “variety of loose paper pads, thousands of stickers and embellishments organized by theme and a vast assortment of punches, tools, organizers, adhesives, albums and other necessities.” Work space within the department allows customers room to layout their page ideas before buying, he said. In the new jewelry department, customers can choose from more than 5,600 different styles of open stock, pre– strung, and packaged beads for everyone from beginner to expert beaders. The new kids department provides parents a “total solution to inspire their children’s imagination and creativity.” The department features an expanded assortment of art supplies for school projects. The art–supply area has been redefined and includes enhanced products. An expanded brush assortment features more than 230 new brushes and a broader selection of paints. Custom framing “comes out from behind the counter to create an open and customer–friendly area that encour- Medical & EMT Supplies Dependable, Careful, Professional ages a hands–on design experience,” with a dedicated custom–framing design staff. “Frames are color–coded by Uniform Mart price range to give customers an idea of the total price tag form Ma before purchase, and customers can lay out their artwork Featuring Products mixing different mats and frames on an open style design Uniforms  kupBkupBBShoes  Accessories workstation before making a purchase,” said Steinleitner. Doors open at 10 a.m. on March 29 and events for Melbourne Shopping Center youngsters begin at 1 p.m. Grand–opening week continues 1387 S. Babcock Steet through Saturday, April 4, with special savings on select 676-0000 products. Through Saturday, customers can enter to win one of six prizes valued at over $1,000. PUT YOURSELF IN OUR PLACE Michael Welch joins Melbourne Rotary OFFICE & RETAIL SPACE The Melbourne Rotary Club recently welcomed Michael LOCATED IN PALM BAY Welch as a new club member. Welch, a Melbourne Central AND MELBOURNE Catholic High School alumnus, is a third–generation Rotarian and works as a financial adviser with the McGee 725-1240 Maust Wealth Advisory Group at Merrill Lynch in FREE RENT Melbourne.

MARCH 16, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 13 BBN EVENTS Replica of Vietnam Veterans wall to be displayed The Dignity Memorial Vietnam Wall, a traveling three–quarter–scale replica of the Vietnam Veterans Memorial in Washington, D.C., will be on display June 25–28 at the 1-"/5*/(
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CVTJOFTT the most volunteers. For more information, contact John Bennett at 674–8080. Topline Appliance to host event for local team Topline Appliance of Brevard County, a family owned enterprise, is sponsoring a car wash March 21 to benefit the Cape Coast Volleyball Club. The club will be competing in the Junior Olympic Qualifier trials April 4 in Atlanta and is in need of travel funds. The car wash, beginning at 10 a.m., will be held at the Topline Appliance Superstore in West Melbourne. The address is 2730 W. New Haven Ave., next to Target. The donation is $5. Consumers can visit the Topline Appliance Superstore before the event and Topline will :W`NSHZZ/PSS9VHK=PLYH match your donation to support the Cape Coast Volleyball Club, up to $5. For more ILYTHUOVWRPUZJVT details, call Rich Vaughn at 768–9700. (++0;065(36--0*,:05693(5+6 >,:;7(34),(*/ ‘Taste of Titusville’ March 21 at BCC The Titusville Area Chamber of Commerce will host a “Taste of Titusville” on March 21 at Brevard Community College in Titusville. This “food extravaganza and table–top expo will take place from 11 a.m. to 4 p.m. General admission tickets are $10 each and can be purchased at www.titusville.org. Tickets also are available at the Titusville Chamber, 2000 S. Washington Ave. The event is open to the public. More than 80 vendors will offer a variety of products and food samples. For more information on this event, contact Pat Stevenson at 267–3036 or send an e–mail message to "Helping You Build Your Future" [email protected]. "HelpingAttention You to BuildDetail Your Future" Build to Suit Central Florida Winds to open 10th season AttentionConstruction to Management Detail The Central Florida Chamber Winds and the Central Florida Winds are set to open Design Build their 10th seasons. All of their concerts are scheduled at 3 p.m. on Sundays. The Central Build to Suit Florida Winds performs at Holy Trinity Episcopal Academy Upper School, 5625 Trinity State Certified GC CA47428 321-984-5000 Drive, in Melbourne. The Central Florida Chamber Winds performs at Suntree United Construction Management Methodist Church, 7400 N. Wickham Road, in Melbourne. The Winds will perform on March 22, May 31 and Oct. 3. The Chamber Winds will perform on April 19 and Nov. 8. Design Build For more information about the new season, visit www.cfwinds.org or call 223–6688. To be added to the CFW mailing list and to request tickets, forward your address through State Certified GC CA47428 321-984-5000 the organization’s Web site or call the above number.

BREVARD BUSINESS NEWS / 14 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN EVENTS HBCA Spring Parade opens March 21 The Home Builders and Contractors Association of Brevard will host its 2009 Spring Parade of Homes March 21–29. There will be 31 entries around the county for public viewing during the eight–day event. Viera Builders will present the “Showcase Home,” the Lucerna model in the Chelford subdivision in Viera. The “Showcase Community,” by The Coy Clark Co., is Veranda Place in Melbourne. The corporate sponsor for the HBCA Spring Parade is Shelter Mortgage LLC. Mercedes, Porsche, Audi of Melbourne is sponsoring the cars for the Parade judges. Verizon Wireless is sponsoring the judges’ breakfast. For more information about the Parade, contact Shea at 254–3700 or send an e–mail message to shea@hbca–brevard.org. Wuesthoff’s Camp Hope program scheduled Wuesthoff Brevard Hospice & Palliative Care will sponsor Camp Hope on Friday and Symetrics Saturday, April 24 and 25, at the Teen Mission campsite in north Merritt Island. The camp is for children ages 6 to 12 who have experienced the death of a loved one. “Camp new ad emailed Hope gives children a chance to share their personal feelings and experiences about the death of someone they were close to,” said Lisa Kalaf, Wuesthoff Brevard Hospice & Palliative Care director. Under the guidance of the Wuesthoff Brevard Hospice profes- sional bereavement staff, Camp Hope provides “fun–filled activities for the children, group FULL COLOR discussions on experiencing grief, and instruction in acquiring new skills to create confidence and hope.” Additionally, the camp hosts activities such as canoeing, arts and crafts, nature walks, music and games. For more information or to request a registration packet, contact Wuesthoff at 253–2222, extension 4725. The camp is free of charge. The deadline for registration is Friday, March 21. Pre–law advising sessions set Dr. Roger Handberg, prelaw adviser for the University of Central Florida College of Sciences, will conduct an overview of the law school admissions process and answer questions that prospective applicants might have at a session to be held from 4 to 5 p.m. on Thursday, March 26, at UCF in Cocoa. The presentation will take place in Building 3 (room 260). A session also will be conducted at the same time and date at UCF in Palm Bay, in Building 3 (room 329). For more information, send an e–mail message to [email protected]. Kiwanis Club event scheduled March 28 The Kiwanis Club of Melbourne will hosts its annual garage sale from 8 a.m. to 3 p.m. on Saturday, March 28, at the home of Lotte Lopez, 1214 Banana River Drive, in Indian Harbour Beach. For information on donations or directions, call Lopez at 773–1579. Proceeds will benefit the Kiwanis Club service projects, including the organization’s “Dictionaries for Kids” event in the community. Haven Challenge Tournament set The eighth annual Haven Challenge Golf Tournament will be held on Saturday, March 28, at Suntree Country Club in Melbourne. The event gets under way with a shotgun start at 1 p.m. The tournament consists of three flights, including a Corporate Challenge for businesses, an Open Challenge and a Women’s Division Challenge. The Corporate Challenge winner will receive a specially designed Swarovski Crystal trophy to be displayed at their place of business for one year. After the tournament there will be contests, giveaways and a dinner, beginning at 6 p.m. The individual player fee is $150. Great Incentives for New Tenant Sponsorships are available. For further information, call 676–6888 or visit www.thehavenforchildren.com. 490 Centre Lake Blvd.  Palm Bay Florida Tech to host women’s networking event  Class A Medical/ Professional Building The Florida Institute of Technology Women’s Business Center will host “A Gathering Southtrend 1,816 sf, 2,250 sf, or 4,595 sf available of Interesting Women” from 5 to 7:30 p.m. on March 30. The gathering will offer women  Easily accessible and visable from I-95 the opportunity to meet and network with other women in the area’s business community pick up BBN  and with the business center’s board of directors through the Network for Women Abundant parking program. The goal of the network “is to guide and support women in building relation- 2-23-09 Generous tenant improvement allowance ships and advancing their careers.” Network for Women is also sponsored by the National page Fully 14 renovated and updated offices Center for Small Business Information at Florida Tech in partnership with the Florida  Lease Rate: $16.00/sf includes CAM fees Small Business Development Center at Brevard Community College and the Melbourne– Palm Bay Area Chamber of Commerce’s W.E. Initiative. The event will be held at the Contact ADAM RATHBUN, CCIM Denius Student Center’s Hartley Room and the cost is $5. Because seating is limited, LOGO reservations should be made before March 27. For more information and to R.S.V.P. for FULL COLOR 752-1199  you and your guest, contact Donn Miller–Kermani at 674–7006 or Renee Couperthwaite www.SouthTrend.com at 674–7007. Registration is also available at wbc.fit.edu. REALTY

MARCH 16, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 15 BBN DIGEST Watersong to open upscale restaurants to public Watersong, a new full–service retirement community in the heart of Viera, will open its three restaurants to the public beginning March 16. The hours will be 11 a.m. to 2 ing p.m., Monday through Saturday. The restaurants are located inside the clubhouse and r feature fixed–priced menus starting at $8. Sp The “1864 Lounge,” complete with LCD televisions, showcases a menu that includes Scallops Rockefeller, flash–fried calamari and handcrafted burgers. Along with an extensive wine selection and “top–shelf liquors,” each month a “world–class beer will be featured.” The Blackwater Bistro offers a relaxing setting to wind down after a round of al golf or for a quick lunch. Sandwiches, soups, salads and homemade desserts are available. w Clevens In Sargasso’s, located in the main dining room, guests will enjoy a classic American dining ne experience. The menu includes Montreal Grilled Ribeye Steak, Cuban sandwich and Re pick up BBN Bruschetta Baked Chicken. Along with the three dining options, Watersong’s 23,417–square–foot clubhouse houses 3-09-09 an Internet café, salon, card room, library, activity rooms and a private dining room that You arepage invited to16 join us for a members can reserve. To make a reservation call 253–7440 or visit www.water–song.com. Day of Beauty Bank Continued from page 1 new Capital Assistance Program. Under the plan, large banks that can’t pass a “stress An afternoon of Education, Demonstrations, and Giveaways test” will have six months to raise additional capital from private investors. If they can’t, Thursday, March 26, 2009 they must sell the government preferred stock that is convertible into common stock after seven years. The bank could convert the stock or buy it back before seven years. Some 11:00am-3:00pm people see this as creeping nationalization. Recently, Citigroup said it will offer to convert almost $27.5 billion in preferred stock At the office of held by investors and up to $25 billion held by the government into common stock. If all Ross A. Clevens, MD, FACS and Michael Diaz, MD shares are exchanged, the government would own 36 percent of the company. The 6300 North Wickham Road government is already demanding that Citigroup overhaul its board. It’s hard not to see Melbourne, Florida this as partial nationalization. Q: Has the United States ever nationalized a bank? A: Yes. In 1983, it took over Continental Illinois, at that time the sixth–largest bank. The favor of a reply is requested by March 23rd The Federal Deposit Insurance Corp. has also taken over failed banks when it couldn’t 321.951.3223 find a buyer, as it did with IndyMac last year, Elliott says. Although the FDIC sold IndyMac within a few months, it took the government seven years to wind down its stake in Continental Illinois. Today’s banks in danger of nationalization are many times bigger and more complex. Q: Didn’t the government nationalize thrifts in the early 1990s? A: Yes, but the situation was different from today. The Resolution Trust Corp. took over failed savings and loan associations with the sole Melbourne Suntree Merritt Island purpose of liquidating them. www.FloridaFaceandBodySpecialists.com “The government was the undertaker. We were burying the dead,” says Ely. “Today, we are dealing with institutions that have issues but many pieces are very viable.” The government would be more like a vet, “nursing the sick whales back to health.” Q: Why do investors worry about nationalization? A: If the government took over a bank, its common stockholders would get little or nothing. Although depositors would not lose money, other creditors, such as bondholders, could get hurt if their debt were restructured, as it would be in a bankruptcy. Even in a partial nationalization, common shareholders would get hurt if the bank issued new shares to the government because their ownership stake would be proportion- ately less. ????? Q: What are the other dangers? A: Taxpayers would probably lose money. There would also be political pressure to pursue social goals such as lending to low–income people. Money will go “to sectors of the economy that are in trouble or those with the lowest rates of return. The government will direct funds to aid the poor, not to rebuild the nation,” writes Richard Bove, a banking analyst with Rochedale Research. While some see this as a positive, it would probably hurt taxpayers. Q: Why consider nationalization? A: To prevent a run on a large bank and the chain reaction that would set off. “Whether we like the banks or not they are central to our whole economy,” Elliott says. “They are the main way we get money from savers to businesses and homeowners. If we let the existing banking system fall apart, it will cause immense destruction.”

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BREVARD BUSINESS NEWS / 18 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN SPECIAL FOCUS Scott Center for Autism Treatment Continued from page 1 Atlantic Avenue. Valet parking will be available to Scott Center.” She runs Kempf’s Jewelers with her interact with other children.” attendees the evening of the party. husband David, a master goldsmith, and their son Jason, Autism is a complex neurodevelopmental disability that “We are delighted to be able to hold this event at our who designs many of the store’s custom pieces. appears during the first two years of life and affects a home,” said Dr. Fornes, who operated a chiropractic A trip to Washington, D.C., to tour the 250,000–square– person’s ability to communicate and interact with others. practice in Cocoa Beach for many years before starting the foot “Newseum,” which showcases the history of American The historical timeline on autism covers more than a half– nonprofit Home At Last Adoption Agency in 2004, of which journalism, will be up for bid at the auction. The package century of key events that helped shape the modern view she is president. includes a special lunch at Wolfgang Puck’s restaurant. of this disability. In 1943, Dr. Leo Kanner of Johns “We are optimistic because we have hosted other fund– The eatery is housed in the same building as the Hopkins University wrote his pivotal paper that estab- raising events in the past and they have always been very Newseum. lished autism as a childhood psychiatric disorder. successful. We have an autistic child who has benefited Other auction items include a one–year membership to This decade, autism has stepped out of the shadows and tremendously from the Scott Center’s expertise, and we Kiwi Tennis Club in Indian Harbour Beach; use of a into the public eye. It is now the fastest–growing serious hope that other families will benefit as well. It’s all about private Cocoa Beach villa, with beach access; and tickets to developmental disability in America, according to the awareness. The key to successful outcomes is early events, dinners, and shopping trips to area retailers Centers for Disease Control and Prevention. The CDC says intervention,” she said. Michael’s Men Store and LaModa Boutique. The Scott that “autism–spectrum disorder” affects one in 150 Her husband wrote a column last year for “USA Today,” Center is donating “one year of social skills group services children born in the United States. “It is growing at an the publication he founded in 1982 while CEO of Gannett for one fortunate child.” This scholarship opportunity has a alarming rate. So many people I have talked to know Co. Inc., discussing the challenges of being a parent of an value of $6,610. someone — a family member or friend — who has autism,” autistic child. His “Plain Talk” column appeared in April, “An Evening of Hope” will benefit services and pro- said Dr. Kenkel. which is national “Autism Awareness Month,” as desig- grams for the Scott Center. Dr. Warkomski says Florida The Autism Society of America estimates the lifetime nated by the Autism Society of America. Tech wants to be able to provide opportunities for physical cost of care for an individual with autism at $3.5 million to Neuharth and Dr. Fornes are the honorary chairper- activities for the youngsters as part of their developmental $5 million. But with access to early diagnosis and interven- sons of the event. Tom and Polly Molnar are chairing “An process at the Scott Center. tion, these costs can be reduced by two–thirds, it says. “The Evening of Hope.” Polly Molnar said a “group of very active “We’re planning to build a ‘therapeutic’ playground at inaugural event at the Pumpkin Center will play a role in community leaders is heading up the committee.” They the center. This event will help raise money for the letting families know there are resources available at the include Stephanie Dandridge, Pennie DiPrima, Leasha playground. It will be patterned after the Marcus Institute Scott Center. There are very few centers like this one in Flammio–Watson, John Hopkins, Shawna Serig Kelsch, in Georgia, which was initially part of Johns Hopkins the Southeastern United States,” said Dr. Kenkel. Dr. Mary Beth Kenkel, Colleen Middlebrooks, Kim University. When the faculty visited the Marcus Institute Stottler Stagg & Associates of Cape Canaveral is the Mikolajczyk, Claudia O’Brien, Kathryn Varnes, and Dr. (in Atlanta) a number of years ago, they saw the benefit of project architect for the two–story Scott Center. The Warkomski. having a therapeutic playground for students right outside general contractor is M.H. Williams Construction Co., a A live auction featuring a small number of select items the campus building,” said Dr. Warkomski, who was local firm. will be part of the festivities at the Pumpkin Center. Mike director of special education for the state of Pennsylvania The center is named after area resident and business- Coleman will conduct the auction. The merchandise before being named to her current position. man Edward Scott, cofounder of the Center for Global includes a custom–designed “stunning strand of black Dr. Kenkel, dean of Florida Tech’s College of Psychology Development in Washington, D.C., and a member of the Tahitian pearls,” donated by Kempf’s Jewelers in and Liberal Arts, says the therapeutic playground “will be Florida Tech Board of Trustees. Scott initiated the support Indialantic and valued at more than $5,000. a very important component because part of the population with a major donation. Additionally, the Health Resources “The pearls measure from 10 to 12 millimeters in size we’ll be serving will be young children. We are going to and Services Administration supported the Scott Center and have a beautiful coloring,” said businesswoman Gale address autistic people of all ages, but the children may with $2.4 million in federal funding. The facility also Kempf. “It’s called a peacock coloring — you can see the need a place to practice some of the skills they are learning received donations from area residents John and Susan colors of pink, blue and green. The strand is 18–inches in the classrooms and in the treatment rooms. We’ll take Hopkins, M.H. Williams, Hobbs Electric, and the Eckerd long. We’re hoping that it makes a lot of money for the them out on the playground and they will learn to play and Family Foundation.

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