Business Briefs

Reported by Star-Bulletin staff & wire



Local DVD product hits L.A. marathon

Runners in the Los Angeles Marathon will be able to order a personalized DVD of their experience from a Hawaii-based company.

Sports Media Productions Worldwide announced its plans to produce DVDs of the Ironman Triathlon and the Honolulu Marathon in October and received $200,000 in orders. The DVDs are personalized with footage and statistics of the ordering runner by synchronizing data from the runner's chip with video taken at several points along the course, including the finish line.

"It will be exciting to take our show on the road to Los Angeles and it is a great compliment that a Hawaii-based technology company has been chosen to create a DVD video in the movie capital of the world," said Barahal, co-founder of the Sports Media Ventures LLC, parent company of Sports Media Productions. He is also president of the Honolulu Marathon.

The 2003 Honolulu Marathon, with 22,161 finishers, was the third-largest in the country. The LA race, with more than 17,000 finishers, was fourth.

King takes over Infiniti autos

King Infiniti of Hawaii will take over selling and servicing Infiniti luxury cars and trucks from Nissan Motorcorp of Hawaii on March 31.

Nissan, which had been the exclusive distributor for Infiniti in Hawaii since its inception in 1989, made the announcement yesterday. Financial details of the transaction were not disclosed.

Nissan President and Chief Executive Officer Eric Miyasaki attributed the change in ownership to the growth of Hawaii's luxury automotive market over the last few years. Charlie King will be president of King Infiniti. He owns King Windward Nissan on Oahu and King Auto Center on Kauai.

Analysts upgrade Bankoh shares

Two analysts said yesterday that they were raising their stock recommendations for Bank of Hawaii Corp.

Analyst Michael P. McMahon at Sandler O'Neill & Partners LP raised the stock rating to buy from hold. The stock also was raised to equal weight/ negative from underweight/negative by analyst Jack Micenko at Lehman Brothers. Of the eight analysts who cover the company, one has it rated buy, six rate it hold and one rates it a sell.

Bankoh's stock closed up $1.97, or 4.6 percent, at $44.77 yesterday. Earlier in the day, they hit a 52-week high of $44.99.

Real estate firm adds services

CB Richard Ellis Hawaii Inc. has added three new lines of client services: Private Client Group, Business Brokerage, and Managed Brokerage Group.

The three new teams will help clients make real estate decisions that support their overall corporate objectives, said Joseph Haas, managing director of CB Richard Ellis Hawaii.



>> Atlantis Adventures has appointed Ken Kessler to cruise manager for the company's Navatek I ocean tour operations. He will plan and supervise the cruise experience. He was most recently general manager of Manhattan Chill Co. in Times Square, New York City.

>> Patti Nakagawa has joined Coldwell Banker Pacific Properties' King Street office as vice president, assistant area office leader. She is responsible for strategic planning, financial management, marketing strategies and personnel support & development for the office.

>> Karen Scruton is the new Martin & MacArthur store manager, responsible for daily store operations and merchandising. She previously worked for two years as a Homeworld visual merchandising manager.

>> Carolann Biederman has launched Carolann Biederman Consulting, a Hawaii based company that works with nonprofits, professional associations, businesses, government agencies and individuals. Services include: executive transitions, grant writing, agency assessment, management and event planning.

>> Finance Factors has appointed Raymie "Ray" Peralta to vice president and regional sales manager for the company's Hilo mortgage center. He will manage their full service sales function, develop new strategies to meet the needs of customers and implement, monitor and report on their financial service products.



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