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1 BBN Brevard Business News Vol. 28 No. 28 July 12, 2010 A Weekly Space Coast Business Magazine PMC, MedFast venture brings first urgent care center to Port St. John By Ken Datzman PORT ST. JOHN Parrish Medical Center has opened a custom designed 7,000 square foot urgent care facility on Port St. John Parkway, the first such complex of its type for this particular market and one of only a few commercial projects in the area since the construction cycle turned down three years ago. The $1.1 million investment positions the Titusville based provider to meet the urgent care needs of this growing community well into the future. Urgent care is the treatment of minor illnesses and injuries, from fevers to sprains and strains. Presently, there are about 100,000 people who live within a 10.3 mile radius of our facility, said Christopher Fox, director of Parrish Healthcare Center, whose complex houses the new MedFast Urgent Care Center. With the opening of MedFast, we are responding to the needs of the community. The LEED certified Parrish Healthcare Center is Port St. John s largest outpatient facility, with more than 70,000 square feet. And the new urgent care center fits perfectly with the overall theme. MedFast at Parrish Healthcare is a showcase for Brevard County s urgent care market. The building has wide open spaces, stylish interiors, a sizable waiting area, and multiple examination rooms that are larger than the typical urgent care center setup. A lot of planning went into the concept, which is a model that could be footprinted in many communities. Fox said PMC built the 7,000 square foot urgent care area but didn t complete the space until we could find the right partner and the right group to run it. PMC ventured with MedFast Urgent Care Centers, a group of local physicians. MedFast is expanding its brand in the county. The first MedFast Urgent Care Center opened three and half years ago in the Baytree area of Melbourne. The Parrish Healthcare Center location is the second MedFast clinic in the region. We would like to be the McDonald s of urgent care medicine serve it fast and efficiently, said MedFast partner See MedFast Urgent Care Center, page 19 BBN photo Adrienne B. Roth MedFast Urgent Care Centers has opened its second location in Brevard. Partnering with Parrish Medical Center, MedFast, a local business, is now seeing patients at Parrish Healthcare Center at Port St. John. PMC built a 7,000 square foot dedicated area for MedFast. Dr. David Williams, left, who is board certified in emergency medicine, is a MedFast partner. Christopher Fox is director of Parrish Healthcare Center. Dr. Williams said he is looking to grow the MedFast brand in more communities. Mortgages that require little money down now more commonplace By Holden Lewis Scripps Howard Service Homebuyers with little money for a down payment are finding more home loans available for a low down payment or even no down payment. These mortgages are becoming more commonplace even as the country recovers from a housing bust made worse by the popularity of low down payment mortgages during the housing boom. The Federal Housing Administration insures loans with small down payments. And private mortgage insurers have lowered their down payment requirements. It s even possible to get a mortgage today with no money down. The nation s biggest credit union offers zero down mortgages. The Department of Veterans Affairs and the Department of Agriculture guarantee home loans with no down payments. Following are a few options for borrowers seeking low down payment and zero down payment home mortgages: Veterans Affairs (formerly the Veterans Administration) guarantees no down purchase mortgages for qualified veterans. Private lenders originate VA loans, which the VA guarantees. There is no mortgage insurance. The borrower pays a funding fee, which can be rolled into the loan amount. The VA funding fee varies, depending on whether the veteran served in the regular military or in the Reserves or PRESORTED STANDARD US POSTAGE PAID BREVARD BUSINESS NEWS, INC. National Guard, and whether it s the veteran s first VA loan or a subsequent one. The funding fee can be as low as 2.15 percent or as high as 3.3 percent. The Department of Agriculture s Rural Please see Mortgages, page 16

2 ARE YOU PREPARED FOR THE LEADERSHIP POSITION OF TOMORROW Florida Institute of Technology is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools (SACS) to award associate, baccalaureate, master s, education specialist and doctoral degrees. BREVARD BUSINESS NEWS / 2 BRPH new ad coming byt noon?master of Business Administration Project Management Computer Information Systems Florida Tech Logistics Management ad # 1 Space Systems Acquisition and Contract Management Space Systems Management Spaceport Classes offered in Rockledge and near KSC EARN YOUR MASTER S DEGREE TODAY (321) spaceport@fit.edu Call Adrienne Roth at for Advertising Information OC MIMA volunteers clean two miles of shoreline in county On June 19, MIMA employees and family members held their first Adopt A Shore event with 40 volunteers cleaning a stretch of shoreline from Canova Beach in Indian Harbour Beach to the Doubletree Suites Hotel roughly two miles of coastline. Working for about two hours, the volunteers were able to collect 10 bags of litter, in support of Keep Brevard Beautiful. With more than 72 miles of coastline in Brevard County, it s a big undertaking to manage litter and reduce its threat to marine life. The Adopt A Shore program allows businesses, groups and organizations to take an active role in protecting the environment by adopting a portion of shoreline and making a commitment to remove litter from the site at least once a quarter. This was a very rewarding project for all of us, said Vicki Gavaghan, director of quality initiatives for MIMA. Spending a few hours to help keep our beaches clean for everyone that lives here is a great way to be a part of the community. Gavaghan said teen volunteers joined in and were able to earn community service hours. We re already looking forward to the next time, she said. MIMA is an independent, physician owned multi specialty group comprised of more 100 physicians representing 26 medical specialties. For information, visit Adopt A Shore is a public private partnership designed to motivate and educate the community about the problems associated with marine debris and to provide the best volunteer litter removal program for Brevard shorelines. Visit for more information. Ford & Harrison among top law firms Ford & Harrison LLP, a national labor and employment law firm with an office in Melbourne, is among the highest ranked labor and employment law firms in Florida, according to the 2010 edition of Chambers USA: America s Leading Lawyers for Business. The firm was also ranked at the top of its practice area in Georgia, Illinois, South Carolina, Tennessee and nationally. Ford & Harrison has received top rankings by Chambers USA in Florida since In addition to the overall firm awards, 24 individual Ford & Harrison attorneys from across the country were also recognized by Chambers. Seven of the 24 lawyers practice with the firm in Florida, including Andrew Hament in Melbourne. The others are Peter Corbin, Jacksonville; William Radford, Miami; James Brown and Thomas Garwood Jr., Orlando; and John Edward Alley (retired partner) and Robert Hall Jr., Tampa. Chambers & Partners conducted more than 10,000 interviews over a period of six months in order to compile the information for publication. The factors used to determine the rankings are legal ability, professional conduct, client service, commercial awareness, diligence, commitment, and other qualities most valued by the client.

3 Health First report finds more than $100 million donated to community ROCKLEDGE Despite the weakened economy, an internal Health First Inc. analysis indicates that the nonprofit organization provided $105.4 million of unreimbursed health care, charity care, donations to local health care services, and other community benefits in fiscal year The findings are part of the Health First s just released Community Benefit Report. The internal analysis examined the amount of care, services, and other support Health First provided to Brevard County that was not reimbursed by insurance payments, government programs, and patient payments, among other sources. The report found Health First provided real medical care valued as much as $80.7 million to the community in the form of charity care, care not covered by Medicare, Medicaid or other insurance payments, or care provided to patients who could not pay their bills. In addition, the report found Health First provided an additional $3 million in cash, outreach services, subsidies, donated time, or other valuable benefits to community organizations. We understand most people don t know how much behind the scenes work Health First does in our community, said Health First spokesman Elliott Cohen. These are dollars and services that Health First provides because we believe in supporting our community as much as possible. From providing life saving care to anyone regardless of their ability to pay for it to helping to keep a neighborhood clinic open, it is all part of that community support. The remainder of the more than $105 million was in the form of various donations and services, he said. Additional information is available in the Health First Community Benefit Report. Atkinson is new executive director The American Cancer Society has hired James Atkinson as the new area executive director for Brevard, Volusia, and Flagler counties. The American Cancer Society in Brevard will host a meet and greet open house from 4 to 7 p.m. on Aug. 2 at its new location, 4450 W. Eau Gallie Blvd., in Melbourne. Atkinson brings more than 20 years experience in international sales and marketing, business development, training, and strategic planning to his new position. Before joining the American Cancer Society, Atkinson was the sales director for Solar Blue, where he developed sales divisions for two of its core businesses. He also worked for Acorn Stairlifts, leading the sales development effort and the expansion of its sales division. From 2003 through 2008, Atkinson joined Transit TV, a digital based media company. He was the national sales manager, where he expanded the sales division from a local sales team to a national six market sales organization. Atkinson developed markets in Orlando, Atlanta, Milwaukee, Chicago, New York and Los Angeles. He sat on the board of the Out of Home Video Advertising Bureau, where he led the development of its website design. Originally from England, he moved to Florida in 2003 with his wife Diane and son Connor. Henderson Group new ad ed Planning a Corporate Meeting, Seminar or Wedding? Consider the elegant surroundings of The Courtyard at the Oaks Meeting space for 8 to 200 guests Wireless Courtyard Internet Access at the Oaks High Definition Projector & Screen Full Kitchen pick & Customized up BBN Meal Packages Valet Parking Beautiful Courtyard page W Hibiscus Blvd Melbourne Ullian page 2 Visit BrevardBusinessNews.com for Advertising Information Helping you build your future. Certified General page 3 Design/Build, Construction Managers, General Contractor Commercial, Industrial, Tenant Build-Out Reputable leaders in the industry Continuous client support years beyond project completion Repeat business is our foundation Authorized Butler pre-engineered metal building supplier 1120 EAST PALMETTO AVE. MELBOURNE, FL p f BREVARD BUSINESS NEWS / 3

4 BBN EDITORIAL UF releases ornamental peanut plants for use as lawn, groundcover By Tom Nordlie Homeowners tired of watering, fertilizing and mowing grass have a new low maintenance lawn option peanuts. No, it s not the crunchy snack. And these plants don t produce food. University of Florida researchers say a plant called rhizoma perennial peanut is gaining popularity as a groundcover. A distant cousin of the well known crop, perennial peanut is already used to produce livestock forage and hay. Some types make a hardy, attractive lawn or groundcover. To spur interest, UF s Institute of Food and Agricultural Sciences has released two rhizoma perennial peanuts for ornamental use, Arblick and Ecoturf. They are formally announced in the current issue of Journal of Plant Registrations. Both grow low to the ground and produce dense green foliage with small yellow orange flowers, said Ann Blount, an associate professor with UF s North Florida Research BBN Brevard BusinessNews 4300 Fortune Place, Suite D West Melbourne, FL (321) fax (321) BrevardBusinessNews.com PUBLISHER Adrienne B. Roth EDITOR Ken Datzman OFFICE MANAGER Frank Schiffmann Brevard Business News is published every Monday by Brevard Business News Inc. Bulk Rate postage is paid at Melbourne, FL and Cocoa, FL. This publication serves business executives in Brevard County. It reports on news, trends and ideas of interest to industry, trade, agribusiness, finance, health care, high technology, education and commerce. Letters to the Editor must include the writer s signature and printed or typed name, full address and telephone number. Brevard Business News reserves the right to edit all letters. Send your letters to: Editor, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904, or BrevardBusinessNews@earthlink.net. Subscription Rates for home or office mail delivery are $26.00 for one year (52 issues). Send all address changes to: Circulation Department, Brevard Business News, 4300 Fortune Place, Suite D, West Melbourne, FL, 32904, or BrevardBusinessNews@earthlink.net. and Education Center in Marianna. The plants were released into the public domain, so anyone may buy, sell or grow them. Ken Quesenberry, a retired UF agronomist who s studied the crop for years, points out that some plants marketed as perennial peanut do not grow from communal root systems, called rhizomes. Those root systems help the plant withstand heavy foot traffic and allow them to bounce back from winter frost. Sometimes called pintoi perennial peanut, the non rhizoma plants are suitable for South Florida but aren t as cold tolerant as rhizoma varieties, he said. Researchers didn t breed the plants instead, they collected wild specimens in South America in the 1950s, Blount said. For decades afterward, UF agronomists Tito French and Gordon Prine studied these and other perennial peanuts as potential livestock forage and hay crops; in recent years they began providing samples to commercial sod producers. Blount hopes the new perennial peanuts catch on, because only one forage variety is widely grown in the state. Called Florigraze, it s produced on about 30,000 acres. UF made a conscious effort to broaden the genetic diversity of perennial peanut by giving these plants away, she said. Here s why: If too many people grow genetically identical plants, one disease or pest could potentially destroy them all. When multiple varieties are grown, there s less risk. Fortunately, rhizoma perennial peanuts are tough. They require about half the water turfgrass does, and need little fertilizer like most legumes, rhizoma perennial peanuts produce their own nitrogen. UF is evaluating almost 40 rhizoma perennial peanuts, some of them suited to ornamental use, he said. Researchers hope to identify shade tolerant varieties, which would expand the crop s potential for home lawns. Quesenberry said it s anyone s guess whether perennial peanut will ever rival turfgrass in popularity. But the legume will probably get attention in communities with water restrictions, he said. Some businesses install perennial peanut lawns and many consumers are intrigued, said Jerry Stageman, an owner of Sunset Specialty Groundcover in Jacksonville. But recent economic woes have slowed sales, he said. People just don t have as much money to spend right now, said Stageman, who grows about 50 acres of ornamental perennial peanut and installs it statewide. Greater public awareness could boost demand, said Steve Basford, a Jackson County based grower and president of the Perennial Peanut Producers Association. Another possibility is that perennial peanut and turfgrass could be grown together in lawns, which might reduce the need for nitrogen fertilizer, said Gary Knox, a professor at UF s North Florida Research and Education Center in Quincy. We re just getting started exploring the possibilities, Knox said. It looks like a sure winner when we come up with the right varieties. Tech preserves university history, honors Professor Emeritus Weber Florida Institute of Technology owes a debt of gratitude to Professor Emeritus Harry Weber, who arrived at the university (then, Brevard Engineering College) in 1966 to head the Department of Electrical Engineering. To acknowledge his many contributions, the university is establishing the Harry Weber Archives in Evans Library, a new repository for Florida Tech history. Promoting the location for the archives, in fact, is another effort by Weber. Weber secured accreditation for the electrical engineering program through what is now the Accreditation Board for Engineering and Technology. He also acquired a $250,000 National Science Foundation grant for college science improvements. The grant enhanced the laboratory experience for engineers and increased classroom capacity on campus. Harry did whatever it took to enhance the Florida Tech experience and provide a quality education for students, said Gary Wells, executive committee president of the Florida Tech Professors Emeriti. The archives will provide a central, convenient location for campus visitors to view the university s historical accomplishments. It will also showcase Florida Tech s technical expertise through innovative electronic and physical displays, and demonstrations. To make the archives a reality the Florida Tech Professors Emeriti Executive committee and the Alumni Association plan to create a dedicated space in Evans Library, which will be named the Harry Weber Archives. We need to raise approximately $25,000 to adequately construct and manage the space so that historic documents and artifacts may be properly stored and shared, said Wells. The committee s goal is to secure funding this summer in order to dedicate the Harry Weber Archives during Homecoming Nov. 3 7, For more information, visit and click the Make a Gift button at the right. Or, contact Rosalind Weiss, director of annual giving, at or at rweiss@fit.edu. Florida Bar honors three longtime area attorneys Three area attorneys from the Eighteenth Judicial Circuit were among 166 attorneys recently honored by The Florida Bar for 50 years of dedication to the practice of law. The attorneys are: Mike Krasny, Indialantic; Howard Lee Mayes Jr., Titusville; and Charles Rickman Stack, Melbourne. Their service to the profession was acknowledged during a luncheon at The Florida Bar s Annual Convention held at the Boca Raton Resort. To be recognized, attorneys must be members in good standing of The Florida Bar and attain their 50th anniversary of admittance to the practice of law in The Eighteenth Judicial Circuit encompasses Brevard and Seminole counties. The luncheon was sponsored by The Florida Bar s Young Lawyers Division. Retired Florida Supreme Court Justice Major Harding was the featured speaker. BREVARD BUSINESS NEWS / 4 Call Adrienne Roth at for Advertising Information

5 UCF to meet industry demand with new degree; BCC a partner ORLANDO A wave of retirements nationwide has resulted in a scarcity of professionals with up to date computer language knowledge and software development skills. Responding to that need and requests from companies such as Disney and Lockheed Martin, the University of Central Florida is partnering with several colleges to launch a new Software Development track within the bachelor of applied science program. The track, funded by a three year, $570,348 grant from the National Science Foundation, will be the first of its kind in Florida s State University System. Brevard, Lake Sumter and Valencia community colleges and Seminole State College are collaborating with UCF to establish the program. Classes are expected to begin during the academic year. The UCF track will better prepare community college graduates for high wage jobs the median annual wage is $70,940 in high tech careers that involve creating, testing and implementing the codes that help users interact with computers, said Craig Tidwell, special programs manager for UCF regional campuses, which received the grant. The curriculum will be created in partnership with industry leaders, including Electronic Arts, Disney and Lockheed Martin, that are looking for employees who specialize in modern software languages, databases and web and mobile device development. We re looking at current computer programming students and considering what their next logical set of skills would be, said Tidwell. This program will give them the opportunity to obtain their bachelor s degrees while improving important skills. The Software Development track is designed for community college graduates with associate of science degrees in computer programming and analysis. Those graduates options for furthering their software development education typically have been limited to the pursuit of degrees in theoretical or business focused computer science. Students will be able to continue their studies at the UCF regional campuses that share the same campuses as the project s four community and state college partners, including Brevard Community College. The demand for well educated, high level computer programmers spreads far beyond local industry. The state of Florida and the U.S. Department of Labor have projected continued expansion in the computer programming industry, and the Bureau of Labor Statistics has estimated a 38 percent growth rate in the field nationally from 2006 to The corporate partners will work closely with the colleges computer programming faculty members and current students to develop the curriculum, which will build on skills the students are learning while pursuing their associate degrees. Tidwell anticipates that planning, assessment and course development will take about two years. To learn more about UCF s partnerships and regional campuses, visit Get down to business with Toll free: (877) Central Ave C-9 Patrick Air Force Base, FL Columbia College page 2 Columbia College I chose Columbia College because even though the eight-week classes are accelerated and intense, it is so much easier to focus on two subjects at a time versus four. Tracy Dillinger 09 District Executive Assistant Florida Legislature On campus. Online. Or both. MCC page 2 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 5

6 Give up. Pump up. Important health decisions happen in your company every day. If you re a Space Coast benefits manager, you don t have to give up your health plan to keep your bottom line strong. With a variety of choices from Health First Health Plans, there s sure to be an option that fits your budget. Call today for your free copy of 5 Steps to Creating a Healthy Workplace, and find out how you can pump up your health plan with: Flexibility to choose plan designs for any size group. Freedom to select out-of-network coverage for services. Access to the area s premier hospitals, plus access to urgent and emergency care anywhere in the world. Benefits like gym memberships and wellness and preventive care to help keep employees healthy and healthcare costs lower. Call for your free guide. 5 Steps to Creating a Healthy Workplace TTY days a week, 8 a.m. 8 p.m US Highway 1, Rockledge, FL Inspiring healthy moments. This guide is from Health First Health Plans, a nationally recognized 1 local health plan backed by our highly experienced, expert staff. Because when companies are faced with important decisions, Health First Health Plans is here to inspire healthy moments. Inspiring healthy moments Limitations and Exclusions Apply. 1 NCQA Excellent Accreditation. (02/2010) BREVARD BUSINESS NEWS / 6 Call Adrienne Roth at for Advertising Information

7 Space Coast Pops announces performing artists event winners The Space Coast Pops Orchestra conducted its 14th Annual Brevard Young Performing Artists Competition in early June at the Melbourne/ Viera Holiday Inn Conference Center. The competition is open to any Brevard County youngster aged 20 and under. They perform in vocals, dance or instrumental. Pops Executive Director Alyce Christ said the contestants continue to get younger each year. This year they ranged from 9 to 17 years. Here are the winners listed in order: l The first prize of $500 went to Bethany Grace Hargis, age 11. She performed Miniature Concerto. Hargis lives in Merritt Island. The first prize winner usually has an opportunity to appear in the Pops Concert Series. l The second prize of $300 was presented to Clement Li, age 16, who performed Praeludium Allegro. He lives in Merritt Island. l The third prize of $200 was won by Ivan Rao, age 9, who performed Concerto No. 1, Second Movement. He lives in Rockledge. l Honorable mention: $100 to Tristan Rhodeside, age 15, who performed Concerto in C Major No. 2. He lives in Merritt Island. l Honorable mention: $100 to Ryan Crabbs, age 16, who performed Concerto for AltoSax. He lives in Merritt Island. l Honorable mention: $100 to Nathaline Germain, age 14, who performed Chanso de l adieu. She lives in Palm Bay. Health First offers free diabetes foot checks The Health First Wound Management and Hyperbaric Center at 5191 S. Babcock St., NE, in Palm Bay is offering foot screenings for anyone who has been diagnosed with diabetes. This is free service of Holmes Regional Medical Center. The screenings include an evaluation of feet circulation, and temperature. The foot checks also include patient education and recommendations for proper foot care. According to the American Diabetes Association, individuals with diabetes may suffer from poor circulation (blood flow) to the legs and feet (lower extremities) and are less able to fight infection and heal when injury to the lower extremities occurs. The foot checks are held every Wednesday from 1 to 4:30 p.m. Advance appointments are required and can be made by calling the Health First Community Engagement Center at or sending an e mail to Community@Health First.org. You can also visit the Health First Wound Management and Hyperbaric Center to make an appointment. Identity theft presentation set July 21 The Sunflower House is offering a free presentation on reducing the risk of identity theft from 10:30 to 11:30 a.m. on Wednesday, July 21, at Merritt Square Mall. Karen Savage of Florida Memorial Gardens and Funeral Home and Dignity Memorial will present information on how to reduce the risk of becoming a victim. The class is open to the public. The Sunflower House is a senior and caregiver resource center located in Merritt Square Mall. Call with questions or to register. VIERA OFFICE READY TO LEASE A prime location on Spyglass Hill Road just minutes from Viera Hospital and Wuesthoff Rockledge SF medical or professional office is beautifully appointed with plenty of parking for medical use. (furniture is not included) MELBOURNE MEDICAL OFFICE FOR SALE OR LEASE Vanita ad # 1 or back to 2 Newton Land??? This 2218 SF Unit is at the front entrance of Nasa Palms for excellent visibility a central location on W. Nasa Blvd. between Holmes and Wuesthoff Hospitals in Melbourne. Available for sale or lease and you design your interior. CALL FOR MORE DETAILS! Newton Commercial Group 152 N. Harbor City Blvd., Ste 200 Melbourne, FL (321) Info@NewtonLand.com King Center page 12 Some see land We see possibilities Summer Concert Series LED ZEPPELIN: II FRIday, JULY 16 8 pm PINK FLOYD: THE WALL Sat., AUGUST 8 pm 40 YEARS OF WOODSTOCK Sat., SEPTember 8 pm BEATLES: WHITE ALBUM SAT., OCTober 8 pm CIA page? Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 7

8 Asrtonaut hall of Fame page 12 Advance Your Career with a Master s Degree! MBA Management & Leadership Counseling Computer Science/Distributed Systems Space Coast Regional Campuses Merritt Island Palm Bay Patrick AFB For all degree programs and details, visit: Webster Univ Riverside Bank honors Holliday of Palm Bay with a scholarship Riverside National Bank, a division of TD Bank, recently awarded Chelsea Holliday of Palm Bay with a $1,000 college scholarship in the bank s ninth annual College Scholarship Program. Students attending either a two or four year post secondary school were eligible to apply. Holliday was selected based on her academic goals, community service and written essay about why she feels she deserves the money. Our scholarship program is another example of Riverside s commitment to the town of Palm Bay, said Riverside Bank s Janet Cathy, vice president and regional manager. Riverside, now a division of TD Bank, is dedicated to supporting education. We know this program will make a difference in the life of the scholarship recipient. Holliday currently serves her community by being involved in the Best Buddies program, Police Athletic League and volunteers as a church secretary. After obtaining her associate degree this summer from Brevard Community College, Holliday plans to pursue a forensic psychology degree at Florida Institute of Technology in Melbourne. Nelson opens RE/MAX 2000 The RE/MAX Florida Region has announced the opening of RE/MAX 2000 in Melbourne. Rich Nelson, broker owner of the franchise, has been an associate with the RE/MAX network for two years. RE/MAX 2000 opened June 1 and provides service throughout Brevard County. Along with residential real estate professionals, RE/MAX 2000 specializes in the listing and selling of waterfront properties. The agency also handles commercial properties and runs a property management division. Nelson says there s no better time to open a new real estate brokerage than now. There are many opportunities that exist in today s market, especially for first time homebuyers. The real estate market fluctuates with time and right now, in Melbourne, it s a great business to be in and an excellent way to serve members of our community. The new office is located at 4250 N. Wickham Road. For more information about the agency, call or send an e mail message to richnelson@remax.net. RE/MAX was founded in 1973 in Denver, Colo., by Dave and Gail Liniger. It has grown to a global network of nearly 100,000 sales associates. Cocoa Beach Chamber to host breakfast The Cocoa Beach Area Chamber of Commerce will host a breakfast from 8 to 9 a.m. on Friday, July 16, at the International Palms Resort and Conference Center, 1300 N. Atlantic Ave., in Cocoa Beach. The program is titled Safeguard and Market your Business through the BP Oil Spill. Registration begins at 7:30 a.m. An executive from Visit Florida will be the keynote speaker. A panel of experts will be in attendance for questions and answers, including Vincent Lopresti, area manager, U.S. Small Business Administration, and Robert Lay, director, Brevard County Emergency Management Office. The fee to attend the breakfast is $20. The event is open to the public. To register, contact the Cocoa Beach Area Chamber at or visit BREVARD BUSINESS NEWS / 8 Call Adrienne Roth at for Advertising Information

9 Port St. Lucie resident wins Florida Tech s Potter Award Nicholas Gagliardo, a civil engineering major at Florida Institute of Technology, has earned the university s James G. Potter Award for Excellence in Physics. He qualified for the award based on his all around academic excellence and his top score in a physics question and calculation competition. A resident of Port St. Lucie, Gagliardo completed 54 college credits at Indian River State College while still attending Lincoln Park Academy High School in Fort Pierce. As a high school student, he participated in the Math Olympics and Brain Bowl regional competitions. At Florida Tech, he has remained on the Dean s List for his high grade point average. He participated in the 2010 American Society of Civil Engineers regional competition and was active on his department s steel bridge building team. In the academic year, he will be the steel bridge team captain. Potter, the award s namesake, retired as head of the physics department at Texas A&M University and became head of the physics department at Florida Tech in In the 1980s, he retired as department head, but continued operating the physics laboratories and training graduate student assistants as instructors. The Potter Award has been given in his memory since his death in Petro Plumbing to celebrate 45th year Petro Plumbing Service Inc. in Cocoa Beach will celebrate its 45th anniversary with a community open house from 9 a.m. to 1 p.m. on Saturday, July 10. There will be food, drinks, vendor displays and door prizes. The store s address is 157 N. Orlando Ave. On that day, there will be a special Petro Plumbing offer from 9 a.m. to 1 p.m. Anyone who schedules a repair order during those hours will be offered the first hour of service at $45, which is the store s 1965 pricing, said Bob Petro. The business was founded by John and Velma Petro. Nine family members spanning four generations have been involved in the business. Today, Bob Petro and Dave Petro are the sole owners of Petro Plumbing Service. For more information about the company, call Sucich promoted to group manager Craig Sucich has been promoted to group manager for PBS&J s aviation east division based in Orlando. Sucich will oversee daily operations, planning, staffing, and pursuits for the aviation practice in Orlando and portions of the Southeastern United States. He joined PBS&J in March 1998, and has 12 years experience in the planning, design, and construction of airport development projects. Sucich has served as a project manager and senior project manager on numerous assignments including design, installation, and rehabilitation of airport runways. He has worked on several major airport projects in Florida, including Miami International Airport, Orlando Sanford International Airport, St. Lucie County International Airport, Kendall Tamiami Airport, and Northwest Florida Beaches International Airport. Sucich holds a bachelor s degree in aerospace engineering from the University of Central Florida and is a member of the Florida Airports Council. He can be reached at cssucich@pbsj.com. Feel good about a great rate. Whether you need a personal or a business account, with a Seacoast Money Market account, you get a competitive interest rate, easy access to your funds, and top-notch Seacoast service. Plus, your Visa check card and online banking are FREE! Seacoast Bank page % APY* Seacoast Money Market Accounts with interest. Feel good about your bank The Avenue, Viera * Annual Percentage Yield accurate as of April 30, Rate is guaranteed for 120 days from account opening and $10,000 new money is required. After 120 days, interest may be recalculated by applying the variable interest rate established for each tier to the daily collected balance. If balance falls below $2,500, a $15.00 per month service charge will be incurred. Fees may impact earnings. Offer may be withdrawn at any time. Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 9

10 BBN BUSINESS Opportunities abound in commercial real estate market for bold investors warehouse buildings at values below construction costs; supply of vacant land, development at a standstill in county By Ken Datzman Forecast of a recovery in the commercial real estate industry has vacancies leveling out late this year or in early Some sectors though will continue to experience the delayed effects of the recession. But forecasting results have been thrown off course before in what has turned out to be a market where sustainable, broad improvement is slippery. A lot of people thought this would be a 12 to 14 month downturn. It s getting a little old now, said National Realty of Brevard s Alan King, a University of Florida graduate who heads up the company s commercial division in Melbourne. Colleague Jack Ryals calls the new commercial forecast by the National Association of Realtors a defensible theory, probably consistent with the way a lot people feel around here. At some point, the demand is going to start cutting into the amount of space on the market, because hardly any new construction is happening in the county. Development is basically at a standstill. Florida has advantages over other areas of the nation, Ryals said, which should help in the recovery. We are a right to work state and Florida has no personal income tax. These are tremendous advantages over other parts of the nation. So, is this a false bottom or the beginning of a firm foundation? Nobody knows. Is it now, is it going to be later this year, early next year, or beyond? That is one of the problems with the commercial market today, it s a tough call to make on the timing of the turnaround, said Ryals, who joined National Realty s commercial division in 2004, after 34 years as a local businessowner. A Florida Tech M.B.A. graduate, Ryals operated Turner s Department Store in downtown Melbourne before starting a career in real estate. Three decades ago, he says there were a few light manufacturing businesses in downtown Melbourne and a lot of vacant buildings. I remember when some music teachers were occupying space for three hours a day in some of the vacant buildings. Today, the downtown area is a vibrant business district, with some of the county s best restaurants and shops. The area was able to transform itself because years ago entrepreneurs saw opportunities ahead, took chances, and opened enterprises there. The willingness and ability to weigh risk versus return can pay off, and the commercial real estate market appears to abound with opportunities for those who have the boldness and the financial means to invest in properties that have taken a steep fall in value over the past four years. Is today the time to buy well priced, high quality commercial real estate? That s the question we get asked by our customers all the time, said Ryals. Historically, interest rates are at a 50 year low. Acquisition prices are half of what they were five years ago. Very possibly, this is one of those times when an investor might look back and reflect, saying, I could have bought this property for a certain dollar figure in When asking prices are far below replacement values, you ve got to feel there is room above for movement, and not below. Clearly, there is opportunity in the industrial property market, especially for cash rich buyers who are patient investors, say Ryals and King, who both hold the Certified Commercial Investment Member Institute designation. Leasing activity in the industrial sector is below historical levels with higher vacancies, more tenant concessions from landlords, and a sharp decline in rental rates. All this has cut sharply into industrial property values. In general, I think we have lost about 10 years of equity in many sectors of commercial real estate, said King, who is the current chairman of the Melbourne Planning and Zoning Board. We re looking at prices again in commercial real estate, and in some cases even lower. We re seeing warehouse buildings that are on the market for $25 per square foot. They were $125 per square foot not long ago. These are $80 and $90 square foot buildings at cost. If you are financially capable and can wait for improved market conditions, there are investment opportunities in warehouses, King said. Renting them for $5 or $6 a square foot would produce a tremendous return, Ryals added. If you look at price versus value, today would seem like a once in a lifetime opportunity to acquire commercial real estate and hold it for the long term. If an investor can buy it for a price of 10 years ago, buy it at an interest rate that hasn t been as low since the 1950s, and buy it for half of what it would cost to build, you would think that people would be flocking to our office, but that s not the case, said King, who has worked in the commercial real estate business for more than two decades. And in all those years, the market has shown trends and patterns, he said. I think we have a lack of patterns right now and that s making it a difficult market. But King and Ryals say they have been doing BBN photo Adrienne B. Roth Alan King, right, and Jack Ryals are commercial real estate professionals with National Realty of Brevard in Melbourne. They say some of the best commercial real estate deals right now are in the warehouse sector, where values have fallen significantly in the past three years. deals with a range of customers who are looking for better returns than what money markets, certificates of deposit, savings accounts, and Treasury bills are paying. The stock market s volatility this year has driven away a lot of people as well. Savvy income seeking investors have been sizing up the various commercial real estate sectors office, industrial, retail and multifamily for bargains. They are considering income producing properties because T bills and alternative investments are not performing the way they did years ago, Ryals said. But they are very particular in examining the quality of the income stream on these properties, he said. Capitalization rates, a ratio used to estimate the value of income producing properties, are in the 8 to 10 percent range for quality properties. The cap rate is the net operating income divided by the sales price or value of a property expressed as a percentage. We think cap rates will move higher as inflation sets in, and we believe there will be inflation, King said. BREVARD BUSINESS NEWS / 10 Call Adrienne Roth at for Advertising Information

11 BBN BUSINESS Florida Tech reaches out to aerospace community with four new master s programs tailored to enhance careers, job marketability of area space workers to roll out this fall at two classroom sites By Ken Datzman Florida Institute of Technology, whose roots are tied to the nation s space program going back 50 years, has committed significant resources to expand its portfolio of graduate degrees targeting the local aerospace community, specifically engineers, scientists, and managers who may face job uncertainly as the industry transitions. The Nathan M. Bisk College of Business has added four master s degrees as part of its Spaceport Education Center operation, which is under the direction of Ralph Harper Jr., a former longtime aerospace industry manager. The new degree entries, set to roll out this fall, are: master of business administration, master of science in acquisition and contract management, master of science in logistics management, and master of science in project management. Dr. Harper, a professor in the Extended Studies Division of the College of Business, said the off campus programs are designed to provide value to the students, help streamline their career advancement, and better position them in the job market. It generally takes one to two years to train an individual who does not have an M.B.A. degree or a master s in project management, that s what I ve found in my years of hiring engineers and managers in the aerospace business, said Dr. Harper, who for many years was the logistics configuration manager for air defense at Raytheon Technical Services Co. The management area is what I consider the arts and the engineering area the science. We re trying to integrate the two in the classroom. For example, Florida Tech s M.S. in project management is a perfect fit for the aerospace engineer/scientist. It gives him the ability to move beyond the engineering piece and into the management of engineering projects. He s now equipped with the tools to manage the business element, added Dr. Harper, who has three degrees in business administration. He earned a bachelor s degree from the University of Maryland, an M.B.A. from Hampshire College, and a doctor of business administration in information technology from Nova Southeastern University. He also holds the Certified Information Security Manager designation, awarded by the Information Systems Audit and Control Association. Dr. Harper will be one of the professors teaching the classes. With the new additions, the Spaceport Education Center, part of Extended Studies Division, will be offering a total of nine graduate degree programs this fall. The existing programs include master s degrees in computer information systems, computer science, software engineering, space systems, and space systems management. By expanding the programs, we are able to help those who may be transitioning in the work force from the shuttle program to either the private sector or to a new space adventure, said Theodore Ted Richardson III, senior associate dean of the College of Business and director of Florida Tech s Extended Studies Division. This is definitely aligned with our school s mission and interest. Florida Tech was founded to provide education for aerospace workers, he said. The Spaceport Center also offers a number of certificate programs. A former executive with Xerox Corp., Eastman Kodak Co., and Kinder Products, Dr. Richardson manages 11 Extended Studies sites in five states. The locations, mainly on military bases, serve roughly 1,236 graduate students. Dr. Richardson, who has worked in both the academic arena and the corporate world, is a University of Pittsburgh mechanical engineering graduate. He went on to earn an M.B.A. degree from the Rochester Institute of Technology and a doctorate in higher education management from the University of Pennsylvania. The Florida Tech programs, open to anyone interested in pursuing a graduate degree in these select disciplines, will be conducted in the evenings at the Johnson Law Center in Rockledge and at a classroom facility outside the Kennedy Space Center compound, said Dr. Harper. The KSC area location has not yet been finalized, he said. The program expansion also is a sign Florida Tech is looking to recapture a bigger slice of the aerospace market for graduate education. Presently, about 40 students are enrolled in the programs. Before 2001, Florida Tech offered most of these degrees at Cape Canaveral, including the M.B.A., said Dr. Richardson. But because of some organizational changes in the College of Business, we stopped offering the M.B.A. at Cape Canaveral and a couple of the management degrees. At one time, we had about 150 students enrolled at Cape Canaveral. So we are looking to get back to the beginning of where we were and be able to offer a mix of programs geared to the aerospace market. I believe the M.B.A. program at the Spaceport Education Center will be one of our fastest growing enrollments, along with project management, Dr. Harper added. A master s degree may provide you with expert level training for a new career or advancement in your current field. Many employers, especially business and technology companies, may not hire BBN photo Adrienne B. Roth Florida Tech s Spaceport Education Center, part of the Extended Studies Division, is expanding with master s degrees in business administration, logistics management, project management, and acquisition and contract management. Dr. Ted Richardson III, right, is director of the Extended Studies Division and senior associate dean of the Nathan M. Bisk College of Business. Dr. Ralph Harper is director of the Spaceport Education Center. you without one. If you want to enhance your career, the best way to do it is earn a graduate degree in a specific field in which you would like to enter or grow into, said Dr. Richardson. Florida Tech teaches the students how to apply the knowledge and skills they have learned in the classrooms, and to be innovative thinkers. We need better thinkers. We don t need people who just repeat things out of the box. We need innovators, Dr. Richardson said. The U.S. Census Bureau reported in 2008 that people who held master s degrees earned $11,492 more than workers with only a bachelor s degree. But in terms of return on investment, there are demonstrable plusses if you earn a master s degree. Over the course of a working lifetime, the Census Bureau reports that completing a master s degree can add up to more than a half million dollars in earnings over a bachelor s degree. The projected lifetime earnings for people completing a master s degree show net earnings (after subtracting graduate school costs) of $1.5 million. Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 11

12 Music You L ve NEW SUBSCRIBERS SAVE 25%! Ticket prices as low as $15! Call for more info Brombacher page 8 BREVARD BUSINESS NEWS / 12 BSO page 17 These progams are sponsored in part by the State of Florida, Department of State, Division of Cultural Affairs through the Florida Arts Council and the Brevard County Board of County Commissioners through the Brevard Cultural Alliance, Inc. B 1980 North Atlantic Ave. Suite 1007 Cocoa Beach, FL Guiding you through the world of employee benefits: Health, Dental, Disability, & Life Insurance Health Savings Accounts (HSAs) Section 125 Plans Voluntary Benefits RFP Development & Scoring dean@brombacher-insurance.com Christopher Confessore Browning s Pharmacy & Health Care Brownings page 5 Home Medical Equipment and Supplies Respiratory Equipment and Supplies Power Wheelchairs and Seating We specialize in finding what you need (321) E. Hibiscus Blvd, Melbourne, Florida Sutton Suir PROSPECT pick up OFFICE BBNCENTER Newly Renovated SBA Approved Hub Zone Call Adrienne Roth at for Advertising Information TM Businesses step up to sponsor Brevard Zoo s summer program The Brevard Zoo in Viera has kicked off its annual Summer Saturday Nights program, which will run every Saturday night through Aug. 28. To beat the summertime heat, Brevard Zoo will extend hours of operation to 9 p.m. all nine Saturdays in July and August. Thanks to local businesses that sponsored the program, admission is free to everyone each Saturday night in July and August, starting at 5 p.m. Last admission is 8 p.m. Sponsors this year include Bright House Networks, Health First Health Plans, Viera State Farm agent Dan Adovasio, and Ron Jon Cape Caribe Resort. As part of Summer Saturday Nights, most of the zoo animals will be out on exhibit until dusk each night. However, the free flight aviary and the butterfly exhibit will be closed as well as Paws On. Each night, the zoo will provide musical entertainment from 6 to 8:30. Other available activities for patrons include a chance to go kayaking, ride the train, feed giraffe, and enjoy a special animal encounter at 7 p.m. Patrons will not be able to bring food and drink into the zoo starting at 5 p.m. As part of Summer Saturday Nights, Brevard Zoo s education department will offer a Summertime Spectacular Night Hike Series for children 4 to 12 years old. Each program includes exclusive use of the new Paws On play area and includes crafts, games, animal encounters, and dinner. The nights are themed. The summer dates are: July 24, and Aug. 14: Home Sweet Habitats ; July 10 and 31, and Aug. 21: Investigators ; and July 17, Aug. 7 and 28: It s all Relative. Summertime Spectacular Night Hike Series runs from 5 to 9 p.m. Cost is $20 for zoo members, or pick three events for $48. For non members, each night is $24, or pick three nights for $63. To register, call , extension 219. For more information on these events, visit Top selling Latin recording artist at UCF Fresh off the release of his album El Patron, reggaeton music sensation Tito El Bambino is set to perform at the UCF Arena at 9 p.m. on Friday, July 23. Tickets priced at $35, $45 and $75 are on sale now, exclusively through Ticketmaster by calling , visiting or at the UCF Arena box office. Tickets will also be available at select Bravo supermarkets. Fans can also purchase the El Amor Meet & Greet Package for $175. This package includes one top price VIP general admission ticket or reserved ticket, one pre show meet and greet with Tito El Bambino, and one autographed Tito El Bambino poster or photographer. Since the 2009 release of his album El Patron, Tito El Bambino has set several sales records in the Latin music industry. Originally part of the duo Hector and Tito, he branched out on his own to gain more success as a solo artist. Most recently, Tito was nominated for 17 awards at the Billboard Latin Music Awards, taking home eight. He also recently received three nominations to Premios Juventud, an award show presented by Univision for Spanish speaking celebrities in the areas of film, music, sports, fashion, and pop culture.

13 Orbital s Culbertson to discuss commercial space flight at event CAPE CANAVERAL Frank Culbertson, senior vice president and deputy general manager at Orbital Sciences Corp., will be the guest speaker for the National Space Club meeting at 11:30 a.m. on Tuesday, July 13, at the Radisson Resort at the Port in Cape Canaveral. His presentation is titled Commercial Space Flight. Headquartered in Dulles, Va., Culbertson s responsibilities include the execution and performance of all Orbital programs related to human space flight including the Commercial Orbital Transportation System and the Launch Abort System Program for the Orion spacecraft. Before this position at Orbital, Culberton was a senior vice president at SAIC, following an 18 year career as an astronaut. Culbertson has flown three space missions and logged more than 144 days in space as shuttle commander, pilot, and station crewmember. He is a 1971 graduate of the U.S. Naval Academy. Culbertson has received numerous honors including the Legion of Merit, the Navy Flying Cross, the Defense Superior Service Medal, the NASA Distinguished Service Medal. For reservations to attend the luncheon, contact LaDonna Neterer at , or send an e mail message to LaDonna.J.Neterer@boeing.com. The website is Two Nights Only! The American Tribal Love-Rock Musical Surfside Playhouse IN CONCERT! new ad ed put biz cards under if needed Learn about Spaceport programs July 28 The faculty and administrators of Florida Tech s Spaceport Education Center will host a meet and greet social from 4 to 6:30 p.m. on Wednesday, July 28, at King s Duck Inn on Merritt Island. The address is 4155 N. Courtenay Parkway. They will discuss the master s degree programs offered at Florida Tech s Rockledge and Kennedy Space Center classroom locations, known as Spaceport. The event is open to all prospective students interested in Florida Tech s graduate programs. Refreshments will be served. For more information about Florida Tech s Spaceport operation, call or send an e mail message to spaceport@fit.edu, or visit es.fit.edu/off campus/spaceport. Cocoa Beach Chamber gets tourism grant Visit Florida, on behalf of the Florida Commission on Tourism, has awarded an advertising matching grant to the Cocoa Beach Area Chamber of Commerce s Convention and Visitors Bureau for the fiscal year, which got under way July 1. The announcement of the grant, in the amount of $2,500, came during the commission s June 12 meeting in Tallahassee. The purpose of the grants is to help local governments and nonprofit entities do more effective tourism marketing. We were pleased that Visit Florida and the Florida Commission on Tourism selected us from among a large number of grant applicants, said Shannon Stanley, director of the Cocoa Beach Area Chamber of Commerce s Convention and Visitors Bureau. These funds will be used to create a collateral marketing tool and support an advertising campaign on a cable network. Ultimately, this project will help us better position the Cocoa Beach Area as a desirable destination, Stanley added. Songs from the musical, sung by the Star Children Friday July 16 & Saturday July 17, :00 PM Located at the corner of 5th Street South and Brevard Avenue, Cocoa Beach Tickets $10 - Call (321) for Reservations Presented by special arrangement with Tams-Witmark FOR MATURE AUDIENCES ONLY FOR MATURE AUDIENCES ONLY Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 13

14 Florida Business Bank page 15 PRESIDENT, CEO & DIRECTOR BOB MAYS Florida Business Bank proudly welcomes new President, CEO & Director Bob Mays. I am delighted and honored to join such a leading community bank with a strong, seasoned and experienced management team. - Bob Mays. Call us at N. Harbor City Blvd. Melbourne floridabusinessbank.com Space Florida, NASA break ground for 315,000 square foot research park KENNEDY SPACE CENTER At a recent ceremony, Gov. Charlie Crist and other officials broke ground for Exploration Park, Kennedy Space Center s next generation technology and commerce park. Lt. Gov. Jeff Kottkamp, local legislative officials and senior leadership from Space Florida and KSC gathered on the grounds of NASA s Space Life Sciences Laboratory (SLSL), where ISS bound payloads are prepared for flight, to celebrate the event. This is a tremendous milestone in the transformation of Florida s $8 billion a year space industry and will enable the Sunshine State to tap into a greater share of the $250 billion global space marketplace, Crist said. I commend the Space Florida team for its vision on this unique project, which is already gaining significant interest from the commercial, civil and defense industries. The SLSL will serve as the anchor building for Exploration Park, which is scheduled to open its first facility in early Florida s newest research and innovation park will be built adjacent the SLSL on NASA KSC property, but will feature easy access for commercial tenants outside KSC security gate locations. Exploration Park will host diverse aerospace related activities for interested commercial, civil and military tenants. The park will be located near existing launch and payload processing facilities, providing a direct benefit to tenants with business models that include gaining access to space. Exploration Park is building on Kennedy Space Center s rich history of innovation, said Kottkamp. The types of cutting edge businesses that will operate from Exploration Park will play a significant role in growing Florida s innovation economy. On behalf of the state of Florida, we look forward to watching Exploration Park grow to become a leading research and technology campus for our state. Phase 1 of Exploration Park is expected to include eight new buildings totaling 315,000 square feet. Space Florida has signed a 60 year lease with NASA to develop 60 acres of usable space on KSC property for the park, which will also incorporate the adjacent SLSL and enable other new laboratory and high bay capabilities. To date, six letters of intent have been signed by potential tenants of Phase 1 facilities. These companies cannot be identified at this time, however, as they are currently protected under non disclosure agreements with Space Florida, Kottkamp said. Tenant announcements are anticipated in the near future. In the 2010 State Legislative Session, Space Florida received $7.5 million from the Economic Development Transportation Trust Fund to be used for horizontal infrastructure development in Phase 1 of Exploration Park. Space Florida received strong support on this effort from Crist, Kottkamp, Senators Mike Haridopolos, Thad Altman and Mike Fasano, along with Representatives Dean Cannon, Steve Crisafulli, Rich Glorioso and Mike Horner. Brigham Clark named director of real estate The Coy A. Clark Co. in Melbourne has appointed Brigham Clark as director of real estate for the family company. He is the son of company founder Coy Clark. Brigham Clark will oversee all aspects of the firm s property management and commercial leasing portfolio. He earned his degree in business administration from the University of Central Florida and has worked with his father in development since he graduated two years ago. Brigham Clark plans to continue in management of the company s properties and development of new properties in the future. The Coy A. Clark Co. was founded in It is a full service real estate company specializing in commercial leasing and property management, development, consulting, and sales. The company has 12 commercial properties, including office and retail facilities totaling more than 250,000 square feet. For more information, contact Brigham Clark at or visit Shuler to conduct 2,000 item auction in Titusville Cliff Shuler Auctioneers & Liquidators Inc. in Titusville has been contracted by various municipalities, colleges, bankruptcy trustees, tax collectors and secured lenders to sell at auction a wide range of items including boats, diamonds, antiques, artwork, heavy equipment and cars and trucks. The public auction will be held at 1 p.m. on Sunday, July 25, at 422 Julia St., in downtown Titusville. In all, more than 2,000 items will be auctioned that day. There is no charge to attend the event. Photographs of the merchandise and more details are available at BREVARD BUSINESS NEWS / 14 Call Adrienne Roth at for Advertising Information

15 United Space Alliance honors its suppliers; area firms singled out HOUSTON, Texas United Space Alliance recently recognized seven suppliers that have made significant contributions to America s space program. The business enterprises are spread across the nation and demonstrate the diversity of contributions required for support of human space flight. We at USA recognize that not only does it require a dedicated, talented and skilled work force to accomplish our NASA mission, but we must also have an equally dedicated network of suppliers, said Don Herring, USA director of supplier and Florida customer relations. Recipients of the 2009 Small Business of the Year Award are Engravers Metal Fabricators (EMF) Inc. of Merritt Island, Small Business of the Year; Impact Industrial Supplies Inc. of Tampa, Small Disadvantaged Business of the Year; and A B Computer Solutions of Mandeville, La., Small Woman Owned Business of the Year. Recipient of the Historically Underutilized Business Zone Business of the Year was QTS Inc. of Houston, Texas. This year there was a tie for Veteran Owned Business of the Year: Met Con Inc. of Cocoa and Kernco Inc. of Danvers, Mass. The Large Business of the Year was Lockheed Martin Space Systems of Littleton, Colo. Just as with our employees, we also strive for diversity across our supplier base, Herring said. Of a supplier base of more than 2,600 businesses, we re extremely proud that two thirds of them are small businesses, the true engine of innovation in America. So far in calendar year 2010, nearly 69 percent of our purchase orders have gone to small businesses and since our inception we have awarded more than $2.6 billion to small businesses. EMF supports USA in both the space shuttle and Orion programs providing design and fabrication for critical requirements, such as the ethylyene propylene dienen monomer flight covers used on the solid rocket boosters. Met Con provides the main flame deflectors at the shuttle launch pads which routinely experience damage during lift off. Met Con partnered with USA and introduced a much improved method of removing the old refractory material using high pressure water driven robots, thus reducing time for performance, resulting in manual labor cost savings and increased personnel safety. Kernco fabricates and processes vacuum bottle assemblies for the Orbiter Aft Fuselage Gas Sampling System. Their high quality vacuum bottle assemblies sample the air during ascent, providing USA the air sample data needed to analyze any ascent anomalies, such as leaks, in the Orbiter propulsion system. A B Computer Solutions provides innovative improvements to hardware maintenance requirements. Their solutions have saved USA roughly $250,000 per year. QTS supplies professional financial services to USA ranging from complex financial modeling to cost performance and monitoring. Their services fulfill a critical need in a period of uncertain budgets and requirements. Lockheed Martin Space Systems develops and manufactures STA 54, an ablative material for on orbit repair capability of the space shuttle thermal protection tiles. National Realty recognizes top producers Gale Bray, broker of National Realty of Brevard Inc., has announced her company s top producing associates for May. The top listers were: Linda Alf, of the Melbourne office; Susan Northwood, Indialantic; Sandy Rickabaugh, Palm Bay; Waterman Team, Palm Bay; Donna Sprague, Port St. John; and Cyndi Jones, Sunree North Melbourne. Top sellers: Beth Glover, Melbourne; Maria Kaps, Melbourne; Judith Kaiser, Indialantic; Waterman Team; Worth Team, Palm Bay; and Andrea Betting, Suntree North Melbourne. Top producers: Vincent Solazzo, Melbourne; Kaiser; Rickabaugh; Waterman Team; Karen Vidak, Port St. John; and John Farace, Suntree North Melbourne. Palm Bay Hospital earns double accreditations Palm Bay Hospital has received two prestigious accreditations from the American College of Radiology. It has earned ACR accreditation in both breast ultrasound as well as CT scans. The ACR awards accreditation for the achievement of high practice standards after a peer review evaluation of a facility s practices. Image quality and procedure evaluations are conducted by board certified radiologists and medical physicists who are experts in the field. The program also evaluates personnel qualifications, adequacy of facility equipment, quality control procedures, and quality assurance programs. Imperial Plaza page 14 CAG page 15 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 15

16 MIMA page 15 Need health insurance? Florida State Farm Tech maybeflorida Business Bank pick page up BBN coverage, call me today. page 15 Eric Ponce, Agent 7730 N Wickham Rd, Suite 101 Melbourne, FL Bus: Toll Free: If you re between jobs, in school, or starting your own business, don t sweat it. I have plans from Assurant Health designed with your needs in mind. To find out more about short term, student or individual medical See a local State Farm agent for more details on coverage, costs, restrictions, and renewability. Assurant Health products are underwritten and issued by Time Insurance Company, Milwaukee, WI, which is financially responsible for these products. No member of the State Farm family of companies is financially responsible for these products. Assurant, Assurant Health and Time Insurance Company are not affiliates of State Farm. P State Farm Mutual Automobile Insurance Company Bloomington, IL statefarm.com Division of Cultural Affairs grant to King Center The Maxwell C. King Center for the Performing Arts Inc. of Brevard Community College was recently awarded a grant from the Florida Division of Cultural Affairs. The King Center, posting a score of 96.5, ranks second in the state in the highest level of the Sponsor Presenter category and fourth overall among the 254 applicants. This grant will allow us to continue our mission to provide a high level of performing arts to the community and contribute to the center s continued ability to offer a rich array of performing arts during these challenging economic times, said Steve Janicki, executive director of the King Center, housed on BCC s Melbourne campus. He said the $7,662 award from the Division of Cultural Affairs will help make it possible for the King Center to serve Brevard County through underwriting ticket admissions for nonprofit organizations; provide outreach activities that don t generate income; offer family friendly admission prices for Theatre for Youth and Outreach programs, and teacher friendly fees for professional development workshops. Jay Rudy looks to recruit 100 member team Jay Rudy, a former U.S. Air Force major, is a Brevard County resident who supported his wife Linda Rudy through her eight year battle against breast cancer. Together, they were very involved with Susan G. Komen for the Cure of Central Florida. Since Linda s passing in December of 2009, Jay Rudy has devoted himself to raising breast cancer awareness and supporting the mission of the Komen for the Cure. He is attempting to recruit a 100 member Fight Like A Girl team to participate in the 14th annual Central Florida Race for the Cure on Oct. 17 at Bright House Networks Stadium, at the University of Central Florida in Orlando. His efforts through Komen Central Florida will assist the women of Brevard County and Central Florida who face one of life s greatest challenges. To join the Fight Like a Girl 2010 team, go to Click Race for the Cure and join his team. Team members will receive a Fight Like A Girl T shirt. Mortgages Continued from page 1 Development mortgage guarantee program is so popular that it ran out of money this spring. Congress is expected to cough up more in time for summer homebuying season. Some borrowers are surprised to find that Rural Development loans aren t confined to farmland. The USDA has maps on its website that highlight eligible areas. In addition to geographical limits, the USDA program has restrictions on household income, and it s intended for first time buyers, although there are exceptions. The USDA mortgage comes from a bank, and there is no mortgage insurance. Instead, the USDA levies a 2 percent guarantee fee, which can be rolled into the loan amount. The zero down options listed above are restricted to limited groups of buyers. With a minimum down payment of 3.5 percent, the Federal Housing Administration is the low down payment option that s available to the most people. Today, about 30 percent of all home loan borrowers get FHA insured loans, up from 3 percent during the housing boom. The FHA gained market share after many other low down payment options (such as piggyback loans) evaporated in the housing bust. Losses to the insurance fund compelled the FHA to hike rates. The FHA charges an upfront premium of 2.25 percent of the mortgage amount. On a loan with the minimum down payment, there s an annual premium of 0.55 percent of the mortgage amount, or $550 a year for each $100,000 borrowed. There is one more option for borrowers in the low down payment camp: a standard home loan with private mortgage insurance. A number of companies offer private mortgage insurance for home loans with down payments of less than 20 percent. PMI is not the same thing as FHA insurance, a form of public mortgage insurance. Typically, monthly private mortgage insurance costs more than FHA insurance for borrowers who put down 5 percent. However, PMI costs less than FHA for loans with down payments of 10 percent or more. Private mortgage insurance has another edge over FHA. Under certain conditions, you can cancel PMI earlier as soon as two years after you get the loan, compared to a wait of at least five years to cancel FHA insurance. PMI has become easier to get. From the start of the housing bust until just recently, mortgage insurers slapped a declining market label on the worst hit housing markets and required minimum down payments of 10 percent or more, instead of the traditional minimum of 5 percent. Now, at least some of the insurers have relaxed the requirements, even in hard hit states like Florida, Arizona, California, Nevada and Michigan. BREVARD BUSINESS NEWS / 16 Call Adrienne Roth at for Advertising Information

17 BBN ADVERTISER Jay Rudy new ad ed UCF Don t new ad ed and other stuff 14th Annual Central Florida Race for the Cure October 17th Register online at BI ed COLOR The Most Respected Name R in Real Estate Today, choosing the rright real estate agent is more important than ever RE / MAX Alternative Realty, Inc. 141 Coconut Drive, Indialantic, FL Offi ce: Fax: Web: Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 17

18 BBN ADVERTISERS Sorensen new ad ed Manage your money without leaving your desk. Another way your business can get greener overnight. Introducing LifeGreen Checking and Savings for Business. Regions Bank page 5 LifeGreen Checking and Savings for Business is helping businesses save time, money and the environment too. Online Banking with free Bill Pay and e-statements let you take control of your finances and use less paper. And, with automated savings you can earn more green with a savings bonus of up to $250 on your savings account. Plus if you sign up for time-savers like Regions Quick Deposit you can make deposits right from your office. Open your LifeGreen Checking and Savings accounts today. It s good for business and a simple way to get more green. Unlimited FDIC guarantee on all non-interest-bearing checking balances Free Online Banking with Bill Pay Automated savings and up to a $250 savings bonus on your savings account Discounted recycled checks Come discover, as over 8 million customers across 16 states have, that you can expect more financial stability and security from Regions, and the peace of mind that comes with it. Where are you taking your company? With conference facilities and plenty of fun activities, Andretti Thrill Park is the finest place to host your next company outing. From as little as 5 people to as many as 1,500, we can accommodate your group. How about reserving the whole park just for your event? Corporate meetings Company picnics Holiday parties Incentive Programs (321) Andretti new ad ed regions regions.com or visit a regions branch today 2009 Regions Bank. All deposit accounts are subject to the terms and conditions of the Regions Deposit Agreement. Minimum opening deposit required. See individual account disclosures for details. A monthly automatic transfer of funds of at least $10 from your Regions Checking account to a LifeGreen Savings account for the entire year is required to earn a 1% interest rate bonus. The bonus is based on the average monthly balance in your LifeGreen Savings for Business account for 12 months and paid on the anniversary of account opening. Maximum annual bonus of $250. Regions Quick Deposit is subject to the Regions Quick Deposit Service Schedule S. Babcock St. Melbourne, FL Reserve the Whole Park! BREVARD BUSINESS NEWS / 18 Call Adrienne Roth at for Advertising Information

19 BBN SPECIAL FOCUS MedFast Urgent Care Center Continued from page 1 Dr. David Williams, who is board certified in emergency medicine and has practiced in his field for 18 years. What we re trying to do with MedFast is standardize the care in urgent care medicine. When a patient comes to a MedFast Center, he or she is going to receive a certain quality of product. That s what we re all about, he said. Dr. Williams chaired the department of emergency medicine at Wuesthoff Health System for 10 years. Also, he was the owner of a private, independent group practice of emergency physicians who worked at the two Wuesthoff hospitals, in Rockledge and Melbourne. Dr. Williams is the medical director for the Florida Medical Training Institute and for the cities of Cocoa, Rockledge, and Titusville. He said he enjoys living in Brevard and practicing medicine. Dr. Williams said he came up with the MedFast idea as a way of helping to ensure his future in the county. I want to stay in Brevard. And, I believe there is a big need for this type of care. We are seeing it in other parts of the nation. Recently, MedFast repositioned itself in the Baytree market and moved to 7925 N. Wickham Road. We saw 26 patients the first day after moving across the street from our former location, and 18 of those were new patients who walked in for treatment, said Dr. Williams, adding that business has been strong. Roughly 30 percent of the patients pay cash for their MedFast services at the Melbourne site, he said. The MedFast Urgent Care Center at Parrish Healthcare treated 10 patients on its first day of business. We are anticipating seeing from 30 to 40 patients a day, on average, Dr. Williams said. The MedFast Center at Port St. John provides the community with its first comprehensive, multidisciplinary emergent care facility, featuring emergency room experienced physicians, physician assistants, and nurse practitioners, along with a full complement of advanced treatment and diagnostic imaging services. The MedFast team at Parrish Healthcare treats all types of emergent or urgent illnesses, such as fractures, cuts that need stitches, sprains, respiratory infections, influenza, and sports and other injuries, for example. In addition, the center will offer occupational medicine, workers compensation and corporate health services, physicals, and vaccinations. Urgent care medicine is experiencing explosive growth across the nation. There are more than 8,500 urgent care businesses in the U.S., according to the Urgent Care Association of America. The number of centers is increasing by about 300 per year. The majority of these centers are owned by physicians or groups of physicians, says the UCAA. The surging growth, with more than 100 million visits annually to urgent centers in the U.S., has created a new sector of care, or a new gateway, as the distribution of services is being reconfigured. The demand is driven by the 85 percent of the population who are healthy. They are medical consumers who want treatment quickly, conveniently, and affordably. Most of our visits are less than one hour, from start to finish. The ones that take longer unusually require further testing laboratory studies, X ray or CAT scans, Dr. Williams said. The urgent care model breaks the mold of the typical Monday through Friday, 8 a.m. to 5 p.m. delivery system. Dr. Williams says the majority of MedFast s business is when doctors offices are not open. At urgent care centers, services are provided seven days a week, on average 13 hours each day, and an appointment is not required. Urgent care centers are not the same as in store retail clinics. Urgent care centers provide a broader scope of services and treat a wider range of patients. In general, they have different staffing models. Dr. Williams said urgent care centers help to improve both access to care and the proper utilization of health system resources. Increasingly, the hospital emergency room has served as an after hours delivery system, but it s not the place to go for routine medical problems because of its cost structure and inconvenience, he said. We are seeing patients at MedFast who would rather not wait in an emergency department. If it is not an emergency, it makes sense to push your patients from the emergency department into an urgent care setting, Dr. Williams said. He added, An emergency department visit is $800. We re going to see them for $110. If you are an insurer, where would you want the patient to go? We re affordable. If you don t have health insurance, you can see a physician for $110. The growing number of uninsured people accounted for nearly one fifth of the 120 million hospital based emergency department visits last year, according to the Agency for Healthcare Research and Quality. The report says the health care system has forced too many uninsured Americans to depend on the emergency department for the care they need. When Parrish Medical Center made plans to build its outpatient facility to serve Port St. John and the surrounding areas, including Canaveral Groves and Cocoa, the executive team worked closely with the Port St. John Advisory Group. Comprised of community leaders, including Maureen Rope, a Port St. John resident and PMC board member, the group played a major role in addressing issues and providing input for the development. They were heavily involved to the level of detail of choosing the colors and requesting magazines for the facility, all the way to helping chose the specific types of imaging modalities, and physician specialties and subspecialties, said Fox. At the top of Port St. John Advisory Group s list was an urgent care center. The advisory group made it clear this was something that was needed in the community, said PMC s Natalie Sellers, director of communications and service excellence. The group had talked about it since the inception of the Parrish Healthcare Center at Port St. John. And we delivered on the promise. It s part of the partnership, too, of having MedFast come here. Dr. Williams said MedFast is looking to build on its partnership with Parrish as it targets new areas for expansion. We think we have a great urgent care model. We re excited about the future. 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