Real estate developer pleads guilty to fraud by ProQuest


Dwek was charged with bank fraud in May 2006, and went on to work with law enforcement officials in an investigation of a suspected money laundering network that allegedly operated internationally among New York, New Jersey, Israel and other locations, Fishman said.

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                                                                                                                                                        BIG Cinemas expands in New Jersey with South Asian flavor
Gunjesh Desai/Masala Junction

                                                                                                                                                        India’s biggest cinema chain operator, the Mumbai-based Reliance MediaWorks, has expanded its presence
                                                                                                                                                        into New Jersey by investing in theaters in North Bergen and the Iselin section of Woodbridge. Last week, it
                                                                                                                                                        rebranded the Iselin movie house as BIG Cinemas, the company’s banner that now has 170 screens across the
                                                                                                                                                        United States and 468 screens globally, including India, Malaysia and the Netherlands.
                                                                                                                                                             Reliance MediaWorks has invested $1 million in a partnership with the Iselin movie theater’s original
                                                                                                                                                        owner, Rupinder Nayyar, said Udaya Kumar, the company’s U.S. business head based in Burbank, Calif. The
                                                                                                                                                        company has so far invested $12 million in its U.S. network, he said.
                                                                                                                                                             BIG Cinemas will target the South Asian community, and bring fare such as cricket matches, final epi-
                                Reliance MediaWorks has cinemas in North Bergen and the Iselin section of Woodbridge.                                   sodes of television reality shows and programs based on religious festivals, Kumar said. - Shankar P.

Abbott Labs finds success                                                                                    design studio featuring 500 Crestron
                                                                                                             products, according to the Gover-
                                                                                                                                                                                             an incentive of $200,000 toward the
                                                                                                                                                                                             $600,000 cost of the project the BPU            Deals around the state
with I-Stat technology                                                                                       nor’s Office of Economic Growth.                                                stated. – Shankar P.
                                                                                                                                                                                                                                             n HLTH Corp., in Elmwood Park, said it completed the $142 million
                                                                                                                  Crestron, which does its manu-
                                                                                                                                                                                                                                             cash and debt sale of its Porex Corp. subsidiary to Aurora Capital
Five years after Abbott Laboratories
bought medical device maker I-Stat
                                                                                                             facturing and development in six
                                                                                                             Bergen County facilities, has experi-
                                                                                                                                                                                             Saint Peter’s to use only                       Group, in Los Angeles. Porex, in Fairburn, Ga., is a maker of porous
Corp. for $400 million, it has dou-                                                                          enced double-digit growth for the last                                          wind energy for one year                        plastics for use in gas and liquid filters, vents for medical devices, and
                                                                                                                                                                                                                                             other industrial and diagnostic needs. HLTH is the majority owner of
bled its work force to 285 employees
                                                                                                                                                                                                                                             WebMD Health Corp., a provider of health information.
and tripled its business volume, said                                                                                                                                                        The Jersey City campus of Saint Pe-
                                                                          Courtesy of Crestron Electronics

Glen Tineviz, director of marketing                                                                                                                                                          ter’s College will be powered entirely
                                                                                                                                                                                                                                             n Image Solutions Inc., in the Whippany section of Hanover, a pro-
for Abbott’s Princeton-based Point                                                                                                                                                           by wind energy for at least one year,
                                                                                                                                                                                                                                             vider of software and consulting services to the life sciences indus-
of Care business. He declined to                                                                                                                                                             starting on Jan. 1. Saint Peter’s, which
                                                                                                                                                                                                                                             try, said Oct. 19 it acquired Apyx Inc., in Collegeville, Pa. Terms of the
specify revenues.                                                                                                                                                                            also has a campus in Englewood
                                                                                                                                                                                                                                             deal were not disclosed. Image Solutions said it will retain Apyx’s
      Physicians can use the I-Stat                                                                                                                                                          Cliffs, will be the second private col-
                                                                                                                                                                                                                                             Pennsylvania office.
device at patient bedsides to instant-                                                                                                                                                       lege in New Jersey, after Georgian
ly test samples, avoiding the need to                                                                                                                                                        Court University, to use renewable
                                                                                                                                                                                                                                             n Quidsi Inc., in Montclair, said it raised $30 million in financing in
send them to conventional labs like                                                                                                                                                          energy as its only source of electric-
                                                                                                                                                                                                                                             a series E round led by New Enterprises Associates Inc., in Menlo
Quest Diagnostics, said Robert                                                                               The reception area of Crestron Electron-
                                                                                                                                                                                                                                             Park, Calif. Quidsi is the parent of e-tailer, a seller of
Kunkler, divisional vice president in                                                                        ics’ new Customer Experience Center.
                                                                                                                                                         Courtesy of Saint Peter’s College

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