Business News in Brief: Bank’s earnings up in 4Q
North County Times – Escondido,CA,USA
The bank has North County branches in Carlsbad, Encinitas, Escondido,
Oceanside, Rancho Bernardo, San Marcos and Vista. CARLSBAD — Xenonics
Holdings Inc. …

SAN DIEGO — San Diego National Bank says that it had net earnings of $15.14 million for the fourth quarter ended Dec. 31, an 87 percent increase compared with $8.1 million for the same quarter in 2005.

Full-year earnings for 2006 were $39.67 million, an increase of 15 percent from $34.39 million for the previous year.

The bank has North County branches in Carlsbad, Encinitas, Escondido, Oceanside, Rancho Bernardo, San Marcos and Vista.

Xenonics brings in slightly less

CARLSBAD — Xenonics Holdings Inc. says that for the first quarter of fiscal 2007, ended Dec. 31, revenue was $916,000, compared with $920,000 for the first quarter of fiscal 2006.

The net loss for the three months ended Dec. 31 was $406,000 or 2 cents per share, compared with a net loss for the same three months ended Dec. 31, 2005, of $926,000, or 6 cents per share.

Xenonics makes light sources and low-light viewing devices for the military, law enforcement, public safety and other customers.

Regional aviation group plans tourney

CARLSBAD — The San Diego Regional Aviation Association will host its first golf tournament and benefit today at Salt Creek Golf Club, 525 Hunte Parkway in Chula Vista. The cost is $100 per person; register at sdraa.org/Events.html or call (858) 240-2171.

Military Sealift Command recruiting

SAN DIEGO — Recruiters for Military Sealift Command will be recruiting for seagoing positions from 10 a.m. to 2 p.m. Wednesday at the Nimitz Naval Training Facility-Training Resources Ltd., 2556 McCain Road, on the second floor of Building 89B. Call (877) JOBS-MSC or go to www.sealiftcommand.com.

Free buyers seminar planned

VISTA — Rita Harper of Keller Williams Realty will host a free buyers seminar titled “Why Rent When YOU Might Be Able to Buy” starting at 6:30 p.m. Wednesday at the Monarch at Shadowridge, 1850 Thibodo Road. Call (760) 732-3213.

‘Fearless Phone Prospecting’ on tap

CARLSBAD — A workshop on “Fearless Phone Prospecting and Closing Sales Quicker with Higher Margins” will be held from 8:30 a.m. to 4 p.m. Friday at 5927 Balfour Court, Suite 203. To register, call (760) 931-7777, e-mail info@audissgroup.com or go to www.ag.sandler.com.

Home buying seminar slated

SAN DIEGO — Del Sur, a community about two miles west of Rancho Bernardo, will host a free home buying seminar from 8:30 a.m. to 1 p.m. Saturday in the neighborhood models and at the Ranch House community information center. To R.S.V.P., call (858) 481-4200.

‘Energy Psychology’ to be discussed

RANCHO BERNARDO — For You Network, which helps women achieve personal and professional goals, will hold a networking luncheon that will feature clinical hypnotherapist Pat Farrell speaking on “Energy Psychology.” The event is set from 11:15 a.m. to 1 p.m. Monday at Coco’s Restaurant, 16759 Bernardo Center Drive. The cost is $18 for network members; it’s $20 for nonmembers or $45 for nonmembers after their second visit. R.S.V.P. at (858) 413-4300 or e-mail wallen@discovery-bank.com.

Upholstery shop to celebrate opening

ESCONDIDO — Sickel’s House of Fabrics & Sickel’s Custom Upholstery, at 311 E. Valley Parkway, will celebrate its grand opening on Feb. 27. A ribbon cutting will be held at 11 a.m.

Senior Specialists plan meeting

CARLSBAD — The Senior Specialists Networking Group will meet at 2 p.m. Feb. 27 at Marie Callender’s, 5980 Avenida Encinas. Call (760) 518-9051.

PowerGenix enters into agreement

SCRIPPS RANCH — PowerGenix, a developer of rechargeable nickel-zinc batteries, has entered into an agreement with Hunan Corun Hi-Tech Co. Ltd for high-volume production and Asian distribution of its NiZn batteries.

LifeTree eClinical awarded contract

TEMECULA — LifeTree eClinical, a member of the FFF Enterprises Inc. family of companies and a provider of clinical electronic data capture and analysis systems, has been awarded a third contract for services by Stereotaxis Inc.

Stereotaxis is a developer of instruments to enhance the treatment of coronary artery disease and arrhythmias.

Scripps Preserve phase released

SCRIPPS RANCH — A phase recently was released at the Scripps Preserve neighborhood by Davidson, located within The Estates at StoneBridge. Call (858) 530-0581 or go to www.davidsoncommunities.com.

Personal training studios merge

NORTH COUNTY — Fitness Together’s La Costa and Shadowridge locations have merged to form Fitness Together North County. Go to www.ftnorthcounty.com or call (760) 734-4348.

Henberger Group sells winery

ENCINITAS — Henberger Group, a mergers and acquisitions advisory firm based in Encinitas, sold the fifth-oldest winery in the Paso Robles area, Mastantuono Winery. Donati Family Vineyard was the buyer; financial terms were not disclosed.

Good & Roberts awarded contract

VISTA — Good & Roberts Inc., based in Vista, has been awarded a contract by JCC Enterprises for construction services at 2051 Palomar Airport Road in Carlsbad.

Sully-Jones wraps up work

ENCINITAS — Sully-Jones Roofing Co. has finished reroofing the Best Western Encinitas motel at 85 Encinitas Blvd.

Homeowners’ Roundtable to gather

CARLSBAD — The Homeowners’ Roundtable will meet from 4:30 to 5:30 p.m. Wednesday at Altamira II Clubhouse, 904 Caminito Madrigal. The topic will be “2007 legislation that will affect owners of common interest.” Call (760) 931-1012.

Insurance group to meet Wednesday

OCEANSIDE — The Insurance Women of North San Diego County invites anyone employed in the insurance industry to attend its dinner meeting at 5:30 p.m. Wednesday at Hunter Steakhouse, 1221 Vista Way. The cost is $20. Call (760) 603-0131, Ext. 117, or go to www.iwnsd.com.

Transition planners changing venue

ENCINITAS — Senior Transition Planners will now hold its meetings at San Diego Credit Union, 501 N. El Camino Real. The group meets on the fourth Thursday of each month. Call (760) 802-3812 or go to www.stplanners.com.

Smith to endorse Good Feet

CARLSBAD — The Good Feet Store, a Carlsbad-based manufacturer and retailer of custom-fitted arch supports and natural sponge rubber cushions, says that former NFL player Emmitt Smith has been signed to a four-year endorsement deal. Beginning this spring, Smith will star in Good Feet’s advertising campaign tagged “Good Feet — Insert Comfort Here,” which will include a new infomercial, TV and radio commercials and in-store marketing materials and signage.

SpaceDev subsidiary to move

POWAY — SpaceDev Inc., based in Poway, has signed a lease on a new 72,000-square-foot development and manufacturing center in the Colorado Technology Center in Louisville, Colo., for its subsidiary, Starsys Inc. Starsys will be relocating from its center in Boulder, Colo., in March.

The space technology/aerospace company also announced that it recently won the Poway Chamber of Commerce Large Business of the Year Award for 2006.

Team chosen for desalination plant

CARLSBAD — Poseidon Resources Corp. has chosen a team to design, engineer, construct and start up the Carlsbad seawater desalination project. The team consists of American Water, in joint venture with Pridesa America Corp.; Escondido-based J.R. Filanc Construction Co.; and PBS&J, which has a branch in Encinitas. Ferguson Pape Baldwin Architects, which has developed major projects in North County such as the Dove Library in Carlsbad and the Genentech manufacturing facility in Oceanside, will provide the architectural services.

The $270 million plant is scheduled to start operating as early as 2009.

Xenonics receives $1.7M order

CARLSBAD — Xenonics Holdings Inc., which makes light sources and low-light viewing devices for the military, law enforcement, public safety and other customers, has received a $1.7 million purchase order for its new SuperVision digital night viewing device from Kaltron Outdoors in Bensenville, Ill., an importer and distributor of products for the shooting sports market.

U.S. Microbics announces new unit

CARLSBAD — U.S. Microbics says that it has formed a business unit to research and apply its microbial blends for use in the production processes of biodiesel and ethanol from organic material sources such as corn and sugar cane.

Biodiesel and ethanol are alternative fuel sources.

Lender Support forms alliance

POWAY — Lender Support Systems Inc., a provider of lending and loan servicing technology solutions, and Portellus Inc., a software solution provider for the mortgage and insurance industries, have announced an alliance.

The alliance joins Portellus’ origination platform with Lender Support System’s mortgage closing, servicing and imaging technologies, fully automating the ordering of loan closing documents.

WinStar renews deal with Lender Support

POWAY — Lender Support Systems Inc., a Poway-based provider of lending and loan servicing technology solutions, says that WinStar Mortgage Partners has renewed its annual software agreement and will continue using Lender Support’s DocWin loan-document creation software.

JMAR to work with CEOcast

CARLSBAD — JMAR Technologies Inc., a maker of plasma lithography devices for making semiconductor chips, says that it has retained CEOcast Inc. as its investor relations firm.

On Course Media establishes ties

SAN DIEGO — The newly formed On Course Media, which specializes in creating marketing and advertising opportunities with and on golf courses, has created several relationships with North County-area courses, including Carmel Mountain Ranch Country Club, Doubletree Golf Resort and Del Mar Golf Center.

U.S. Microbics teams with Everstech

CARLSBAD — U.S. Microbics, based in Carlsbad, has signed a teaming agreement with Everstech LLC to execute joint projects in process engineering, bio-treatment of waste product from agricultural and animal feeding/waste operation and bio-energy product production on a worldwide basis.

Lender Support forms alliance

POWAY — Lender Support Systems Inc., a provider of lending and loan servicing technology solutions, announced an alliance with San Francisco-based ComplianceEase, a provider of regulatory compliance and risk management solutions.

Plastics Engineering acquires Nytronics

CARLSBAD — Plastics Engineering & Development Inc., a custom injection molder of medical devices, life sciences and electronic components that is based in Carlsbad, recently acquired the assets of Nytronics, a plastic injection molding company in San Marcos. Financial terms of the deal were not disclosed.

Copper Skye sales center coming

MENIFEE — Site preparation is under way and a sales/information center is slated to open in late February for Barratt American’s Copper Skye town houses. Go to www.barrattamerican.com.

Shea releases Sanctuary phase

SCRIPPS RANCH — Shea Homes recently released the homes in Phase 5 of its Sanctuary at The Estates at StoneBridge community. Call (858) 693-7801 or go to sheahomes.com.

Nantucket home ready for viewing

ENCINITAS — Barratt American’s Nantucket community recently opened its second Showcase Home. Call (760) 942-7685 or go to www.barratt.com.

Michael Crews opens sales office

VISTA — Michael Crews Development has opened a sales office at its Sunset Heights neighborhood in Vista. Go to www.michaelcrews.com or call (760) 751-1212.

Liberty Tax Service has new site

ESCONDIDO — Liberty Tax Service has opened an office at 245 W. El Norte Parkway, Suite H. Go to www.libertytax.com.

EmbroidMe sets up in Poway

POWAY — EmbroidMe, a custom embroidery, screen-printing, promotional products and personalized gifts franchise, has opened a store at 13309 Poway Road. Go to www.embroidme.com.

ProSource has Vista site

VISTA — ProSource Wholesale Floorcoverings recently held a grand-opening celebration at 1070 La Mirada Court. Call (760) 477-1780 or go to www.prosourcefloors.com.

LG Philips sets up center

CARLSBAD — LG Philips LCD’s American Service Center, at 2791 Loker Ave. W., recently held its grand opening and ribbon-cutting ceremony. The company is a manufacturer and supplier of liquid crystal display, or LCD, panels.

Jimbo’s moves into 4S Ranch

4S RANCH — Jimbo’s … Naturally!, a natural foods grocer, has opened at 10511 4S Commons Drive. Go to www.jimbos.com.

Veritek now in new facility

SAN MARCOS — Veritek Manufacturing Services LLC has moved into a new 80,000-square-foot facility at 237 Via Vera Cruz. Call (760) 737-6776.

SunTechnics expanding into Carlsbad

CARLSBAD — SunTechnics Energy Systems Inc., the U.S. division of renewable energy engineering and installation company SunTechnics, is opening an office in Carlsbad. Regional Manager Marcus Maedl will lead the sales and operation office.

Miser Advertising comes to Carlsbad

CARLSBAD — Miser Advertising and Marketing, which provides services to small to midsized businesses, has set up at 3969 Adams St., Suite D115. Go to www.MiserAd.com or call (760) 445-4371.

Real Estate Staging Solutions relocates

CARLSBAD — Real Estate Staging Solutions was recently relocated to 2604B El Camino Real. Call (760) 712-6016 or go to www.realestatestagingsolutions.com.

Discovery Bank opens L.A. branch

SAN MARCOS — Discovery Bank has opened its first Los Angeles branch office, joining its San Marcos headquarters and Poway branch office locations.

The bank’s newest branch is at 707 Wilshire Blvd, Suite 3250, in Los Angeles, and led by Jim Dorian, senior vice president and regional branch manager.

Reno Contracting now in Murrieta

MURRIETA — San Diego-based Reno Contracting has opened an office at 26395 Jefferson Ave., Suite B, to serve the Inland Empire area. Go to www.renocon.com.

Prime Executive holds ribbon cutting

CARLSBAD — Prime Executive Offices recently celebrated the grand opening of its offices at 2244 Faraday Ave. with a ribbon cutting. Call (760) 431-1100 or go to www.primeexecutiveoffices.com.

Innovative Video moves to Carlsbad

CARLSBAD — Innovative Video Solutions, a video production company, has moved to Carlsbad. Call (760) 930-9049 or go to www.InnovativeVideoSolutions.com.

Two local Century 21s merge

Century 21 Homes First of San Marcos and Century 21 Paradigm of Rancho Bernardo and Temecula have joined forces and will become Century 21 United Brokers.

Seagate center set to open

OCEANSIDE — Phases I and II of the 200,000-square-foot Seagate Corporate Center have been finished and will soon be ready for occupancy, according to Coldwell Banker Commercial Almar Real Estate Group.

Improvement project starts in Del Mar

DEL MAR — Del Mar Highlands Town Center, at Del Mar Heights Road and El Camino Real, has started a two-month construction project along the Del Mar Heights Road main entrance that will add a third exit lane for customers.

Fenton financing Magnolia community

MURRIETA — Fenton Investment Co. has provided $3.93 million in financing to Alexander Communities for the development of Magnolia, a 124-unit town house community in Murrieta.

Barnhart awarded contract for school

POWAY — Barnhart Inc. was awarded the contract to provide construction services for Del Norte High School for the Poway Unified School District, in the 4S Ranch area. The school, which will total 196,110 square feet on 62 acres, is scheduled to open in August 2009.

Helix wraps up work on center

RANCHO BERNARDO — Helix Electric Inc. has finished electrical work on the 142,000-square-foot, 17-building 4S Commons Town Center in Rancho Bernardo.

EasyTurf installs at Pendleton centers

CAMP PENDLETON — EasyTurf, based in Escondido, recently installed FieldTurf Playground at Camp Pendleton’s five child development centers. The system is designed for use on playgrounds to cushion falls of up to 12 feet.

Baker Electric building constructed

ESCONDIDO — Construction is finished on a 29,600-square-foot commercial office building at 1298 Pacific Oaks that will house the corporate offices of Baker Electric. The building was designed by Pacific Cornerstone Architects.

PrimeCo to paint condo communities

OCEANSIDE — PrimeCo Painting, based in Oceanside, has been awarded a contract to paint the exteriors of Laguna Sur Villas, a 253-unit condominium community in Laguna Niguel.

The company also was awarded the contract to paint the exterior surfaces of the 172-unit Canyon Bluffs condominium community in San Diego.

Avalon Doors keeps busy

ENCINITAS — Avalon Doors LLC, a custom door manufacturer based in Encinitas, has been chosen to supply custom doors to the Estates at Trump National in Los Angeles and 100 custom entry door systems to the Hotel del Coronado.

Showcase Moulding expands

ESCONDIDO — Showcase Moulding, at 1233 Simpson Way, recently doubled its warehouse and showroom space, to 10,000 square feet.

SolarSave tiles to be used in development

SOLANA BEACH — William Lyon Homes has selected Open Energy Corp.’s SolarSave Roofing Tiles for its 77-unit housing development in Claremont.

The tiles will be used on the roof of each condo unit in the Sunset Cove development.

Open Energy is based in Solana Beach.

VentureNet expands consulting services

TEMECULA — VentureNet Capital Group Inc. has expanded its business consulting services through membership in GoSmallBiz.com. The site provides an opportunity for small-business owners to connect, network and receive exposure for their business.

Kitchen Tune-Up featured on show

ESCONDIDO — Kitchen Tune-Up, which has a franchise in Escondido, and a team of contractors recently renovated a Pennsylvania couple’s kitchen that was chosen as America’s worst and featured on the “Rachel Ray Show.”

TPSA adds company to program

RANCHO BERNARDO — The Technology Professional Services Association, headquartered in Rancho Bernardo, says that Fathom Consulting has been added to the TPSA Certified Partner Program.