Impart Media Advertising, Inc. announced today the appointment of Lori-Ann Capitelli to the position of SVP, Media Director. Impart Media Advertising, formerly E&M Advertising, is the wholly owned subsidiary of Impart Media Group, Inc. (OTC BB:IMMG.OB - News), a global provider of end-to-end information networks, transactional kiosks, digital signage services, and direct-to-consumer advertising.

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Spam nuisance 'can be combated'

Consumers are becoming increasingly angry about rampant SMS and email spam, but what they do not know is that the law is on their side and that there are ways to stop and even prosecute persistent spammers. This was the message from Cape Town-based privacy lawyer Brendan Hughes, of Michalson and Associates, in a presentation on data privacy legislation to Durban businesses last week. Hughes, a member of the appeals panel that adjudicates complaints for the Wireless Application Service Providers' Association (Waspa), said that direct marketing using consumers' personal information was "big business". However, Hughes said businesses that continued to send marketing material or spam to consumers who had asked to be removed from mailing lists could be criminally prosecuted under Section 45 of the Electronic Communications and Transactions Act of 2002.

AlphaGraphics seeks investors to open stores in EP

Salt Lake City-based franchising company AlphaGraphics is in the midst of a major expansion effort and has its sights set on El Paso.

The company, which provides marketing and visual communications solutions for small- and medium-sized businesses, plans to open its first El Paso location in the next six months to a year, said Art Coley, senior director of franchise development.

The company hopes to have three to four El Paso stores, all of which will be franchises, within three years, he added.

"The shortest and simplest way (to describe us) is we are a solution provider," Coley said. "We provide marketing and visual communications for small- and medium-sized businesses. What does that mean? Everything from Web sites, e-mail campaigns, direct mailing, printing services for business cards and letterheads.

Report Subscriptions, ACH Processing, and Payment Updates Mark Summer Upgrade of Travis Software's WebCOBRA.com

Travis Software Corp., a market leader of Advanced Employee Benefits Software Administration, announced today the Summer 2007 upgrade of its WebCOBRA.com system. The new version offers more enhanced features, including Report Subscriptions, ACH Processing, and a Payment Schedule of Qualified Beneficiary (QB) premiums for easy review of upcoming payment amounts.

The newly enhanced version of WebCOBRA.com allows for more control over reporting capabilities.

Watch List (July 15-21): More Aggressive Loans, More Defaults

In this week's issue we report: that commercial loan defaults should start increasing soon; that the outlook for subprime backed bonds has also turned decidedly negative; and update you on the mounting cost of the alleged fraudulent Penland project in North Carolina and the forced bankruptcy of an office campus owner in Philadelphia. Plus we give you news you'll find only here and the latest facility closures, mass layoffs and properties on The Watch List. Office Loan Defaults Likely To Rise Loan defaults for U.S. CMBS are likely to begin ticking up as deals issued over the last few years contain larger concentrations of interest-only (IO) loans and loans with a higher amount of debt, according to the latest CMBS loan default study by Fitch Ratings. Though CMBS loan defaults fell 15% by balance last year to $1.57 billion, cumulative CMBS loan defaults increased to $13 billion (3.29% of Fitch's default study universe).

At at Glance: Regional News of Note

The Untapped Source, an online art gallery dedicated to up-and-coming and established artists, has launched a Web site with global appeal, right out of Arroyo Grande.

Artists are welcome to join and share their artwork with the world by e-mailing artists@theuntappedsource.com with their portfolio.