The Herald Bulletin

Morning Update

Local Briefs

October 11, 2008

Oct. 11: Business Briefs

Indiana Trust Co. identifying threats

As the financial events of the past year have unfolded, Indiana Trust & Investment Management Co. in Muncie has been working to identify threats for client portfolios prior to any severe damage.

“We believe our strategies provide the right course for long-term investment results, despite short-term turmoil,” Ted Jarvis, senior vice president, said in a press release. “Specific measures have been taken to ensure our clients have the highest degree of safety available in the investment markets.”

According to Jarvis, ITC has also done a very good job of avoiding some of the disasters recently reported in the press.

“In fact, less than 1 percent of the $1.2 billion we manage for our clients has had any direct exposure to failing assets, based on their cost basis and market values from Dec. 13, 2007,” Jarvis said.

Jarvis also noted that the Federal Reserve is doing its utmost to provide the necessary liquidity. He predicted that eventually it will take hold and the markets will stabilize; however, several prominent Wall Street players and even some individuals will not financially survive. Those will be the parties that abused debt and leveraged the most.

Indiana Trust and Investment Management Co. is an employee-owned company chartered under Indiana banking statutes. Indiana Trust and Investment Management Company maintains offices in Mishawaka and Muncie.

Lau set to speak at Ohionh 3D Summit

Dr. Kenneth Lau, of TMJ Treatment Center in Pendleton, was a featured speaker at the Ohionh 3D Summit in Powell, Ohio, Sept. 5. Lau discussed the current technologies available for TMJ analysis, including how 3D imaging is used in his analysis process, and non-surgical protocols for relieving pain.

The 3D Summit hosts speakers on the most advanced diagnostic techniques in dental diagnosis and dental materials.

Lau focuses in temporomandibular joint functionality at his private practice in Pendleton.

Carter and Sulanke join support team

Mike Galliher, president and CEO for Boyce Systems, Daleville, has announced that two new members, Lindsay Carter and Glen M. Sulanke, have joined the Komputrol Support Team at Boyce Systems. Komputrol specializes in software systems for counties, school corporations and school extracurricular accounting. Carter’s title is Komputrol Software Support Specialist. In this role she will train and assist customers in the maintenance of their Komputrol Software. She resides in Muncie and is a 2007 graduate of Ball State University with a degree in accounting and a minor in psychology. She has a background in business and banking. 

Glen M. Sulanke’s title is Komputrol Software Support Specialist. He will also be involved in training and assisting Komputrol Software customers in the operation and maintenance of their Komputrol Software. He resides in Muncie and holds a master’s degree in computer science from Ball State University (1978). He has been involved in the development and support of business software for 30 years. 

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