Cyanotech regains listing compliance
Kona-based microalgae producer Cyanotech Corp. said it is back in compliance with Nasdaq listing rules after making personnel changes on its board of directors and audit committee.
Cyanotech fell out of compliance March 8 after David Rosenthal resigned from the audit committee of the board of directors due to his appointment as interim president and chief executive officer of Cyanotech. Nasdaq issued the noncompliance notice because Rosenthal’s departure left the audit committee with fewer than three independent directors and the board with less than a majority of nonexecutive, independent directors.
The board was restored to compliance March 31 with the resignation from the board by the prior president and CEO, Andrew Jacobson, leaving a majority of nonexecutive, independent directors plus only two executive directors.
The audit committee was restored to compliance June 23 with the appointment of Michael Davis as an independent director to the audit committee.
State gets $601,873 for job training
The state was awarded $601,873 for on-the-job training and employment-related services for dislocated workers.
The funds come from a national emergency grant through the American Recovery and Reinvestment Act of 2009.
The grant is the sixth National Emergency Grant award — bringing the total to nearly $5.4 million — the state Department of Labor and Industrial Relations has received over the past eight years.
"These funds will help us get our local residents back to work," said Pearl Imada Iboshi, DLIR’s acting director.
Surf cameras keep eye on Oahu
Oahu sun, surf and sand fans now have another venue to help them gaze at some of their favorite views from afar.
Ohana Beach Rentals Hawaii, the official hotel operator of the Diamond Head Beach Hotel & Residences, has installed 15 rooftop high-definition cameras atop the resort.
Web users can control the cameras, which have been preset to pick up live video at 18 popular beach locations. Featured surfing spots will include Bones, Castle’s, Old Man’s, Publics, Ricebowl, Suicides and Tongg’s. Other cameras will be able to pick up Diamond Head vistas, sunset spots and views of Waikiki’s Fourth of July and Friday night fireworks displays. Viewers can watch live streaming video or wait their turn to zoom in and out with the camera.
"Our HD surf camera is also a powerful marketing tool as potential visitors from all over the world can log on and view live imagery of Oahu from Diamond Head to Waikiki and beyond," said Warren Daniel, president and founder of Ohana Beach Rentals Hawaii.
"Just imagine sitting anywhere in the U.S. or throughout the world in the frigid cold of winter and being able to view Hawaii’s warm images — including a surfer hitting the waves at Tongg’s — it totally sells the destination."
Live images can be viewed on a special landing page on Ohana Beach Rentals Hawaii’s website, www.OBRHI.com.
ON THE MOVE
State Farm Insurance has appointed Rachel Rooney to a new agent. She was previously working for State Farm agent Henry Uyehara in Waipahu for nine years and as an automation clerk at the airport post office.
The Hawaii Hotel & Lodging Association’s 2010 Na Po’e Pa’ahana Outstanding Lodging Employee of the Year, Leticia Gamiao, has won national recognition as Outstanding Lodging Employee of the Year for medium-size properties. Gamiao is a housekeeper at Aqua Waikiki Wave and the sixth person from Hawaii to be recognized nationally within the last 10 years.
Aston Hotels and Resorts has appointed Cathy O’Donohue as general manager of the Aston Maui Lu. She has 13 years of experience in the hospitality industry as general manager of Maui SunSeeker Hotel in Kihei and property manager for Cirrus Asset Management, and has worked at Roy’s in Kahana, Maui, as well as multiple Wolfgang Puck locations in Las Vegas.
The Army has awarded Oceanit the Small Business Innovation Research Achievement Award. The award was given to Oceanit due to the development of its Hostile Fire Detection System.