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<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/<strong>10</strong>/<strong>07</strong> 4:<strong>58</strong> <strong>PM</strong> <strong>Page</strong> 1


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 2<br />

::<br />

TABLE of CONTENTS<br />

36 ON THE COVER<br />

JUICE<br />

customers through Juice Media’s new JuiceMetrIQs CRM tool.<br />

MEDIA WORLDWIDE ::Get to know your<br />

40<br />

:::::::::::::::::::::::<br />

features<br />

26 :: MAKING A DIFFERENCE<br />

JOHN FREDERICKSEN<br />

Sun Country employees focus on customers;<br />

John Fredericksen focuses on the employee<br />

relations.<br />

28 :: EXECUTIVE PROFILE<br />

DAVID BAER<br />

David Baer – a lawyer who would rather be<br />

proactive than reactive and take a holistic<br />

approach to advising.<br />

34 :: INSIDE GLANCE<br />

PETTERS CAPITAL<br />

Petters Capital, as a nimble merchant bank yet<br />

sophisticated enough to handle the global<br />

financial activities of Petters Group Worldwide<br />

and its portfolio companies.<br />

galleries<br />

18 :: JOHN T. PETTERS FOUNDATION<br />

20<strong>07</strong> Legacy Gala gives guests<br />

“A Night in Beijing”<br />

22 :: CHARITABLE GIVING GALLERY<br />

From swinging a hammer to<br />

swinging a golf club<br />

44 :: PEOPLE & PLACES<br />

The Minnetonka office goes to<br />

the dogs for a day<br />

44<br />

IN every ISSUE<br />

4 letter from tom :: 6 letter from andrea :: 8 around the companies :: 24 connecting points ::


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 3<br />

:::::::::::::::::::::::::::::::::::::<br />

departments<br />

32 :: LEARNING CENTER<br />

Planning for the future through<br />

innovative programs<br />

40 :: CORNERSTONES<br />

RELATIONSHIP MANAGEMENT<br />

Beyond book learning –<br />

summer interns invade<br />

42 :: CORE VALUES<br />

INNOVATION Your fingerprint can<br />

open new worlds<br />

CARING Take a T.K.O. stretch<br />

by Dr. James Mellin<br />

15<br />

18<br />

34<br />

30 XX where where in the in the world world is tom? is tom? :: :: 45 XX the the petters petters matrix matrix :: :: 46 XX reality reality bytes bytes<br />

9<br />

FALL 2006<br />

::


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/<strong>10</strong>/<strong>07</strong> 3:55 <strong>PM</strong> <strong>Page</strong> 4<br />

LETTER from TOM<br />

Dear Friends, I hope you all had a great<br />

summer! This time of year seems to bring renewal to the mind,<br />

body and spirit. This is essential to bring balance to our lives<br />

in an increasingly complex and demanding world.<br />

It seems that there are more and more pressures in the<br />

business world as we move toward a global economy and<br />

uncertainty in the financial markets in the second half of 20<strong>07</strong>.<br />

This makes it extremely important that we set down goals and<br />

execute against these goals. Execution is one of the key core<br />

values of our company. Without superb execution we will not<br />

accomplish our mission to achieve outstanding results this year.<br />

I saw many signs of progress throughout our companies this<br />

summer. In particular I was impressed with the team of interns<br />

we had on board for the past several months. Their presence<br />

seemed to give us energy and ideas which add value to our<br />

4 :: PETTERSGROUP<br />

various businesses. They also underscored the importance of<br />

execution in our pursuits – simply said we need to Execute for<br />

Excellence! Overall I am encouraged and optimistic about our<br />

future based upon our most important asset – you – the people<br />

make up the companies of Petters Group as well as all our friends<br />

and business associates.<br />

On another front, we just completed a very successful<br />

Legacy Gala for the John T. Petters Foundation. We will be able<br />

to double the number of scholarships we are able to offer as a<br />

result of the tremendous support we received. This was the best<br />

event in Minnesota thanks to our employees and volunteers.<br />

Lastly, we just purchased two more planes for Sun Country<br />

It’s the repetition of<br />

affirmations that leads to<br />

belief. And once that belief<br />

becomes a deep conviction,<br />

things begin to happen.<br />

MUHAMMAD ALI<br />

and they are beautiful. Our very successful television and radio<br />

commercial campaigns are creating excitement all over the Twin<br />

Cities and the business community is responding. This summer<br />

was a great one for Sun Country.<br />

I want to conclude by thanking all of you for your hard work,<br />

your dedication and your commitment to execution. You inspire<br />

me, give me energy and I am proud to be your partner in<br />

continuing to build this dynamic group of companies!<br />

TOM PETTERS


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 5


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/<strong>10</strong>/<strong>07</strong> 3:55 <strong>PM</strong> <strong>Page</strong> 6<br />

LETTER from ANDREA<br />

6 :: PETTERSGROUP<br />

HITTING THE NAIL<br />

ON THE HEAD<br />

Many years ago, while I was traveling overseas during college, I went to a seaside town in<br />

England, where our a wonderful tour guide told us how many of our English sayings originated.<br />

Stands on the docks were called nails, and when the fishermen came into port, they<br />

would barter the price of their catch. When a price they liked was reached, they would hit the top (head) of the<br />

stand (nail) and call it a deal – hitting the nail on the head.<br />

I had not thought about that story in years until the recent move into our new building. While we were<br />

adjusting décor and hanging pictures, I was hesitant to pound a nail into the newly painted, perfectly smooth<br />

wall. Someone said to just hit the nail on the head and make it permanent. In our ever changing companies,<br />

how often do we get to say “make it permanent”?<br />

70 years ago when Dr. Land, the founder of Polaroid, was working on his first project, did he wonder about<br />

its ability to succeed? For some, it is a scary concept to make a commitment, but, as many of the companies<br />

within the Petters Group portfolio are finding out, making a commitment to a project or product reaps great<br />

benefits. In this publication, you will learn about Sun Country Airlines’ marketing campaign, which has contributed<br />

to increased load capacity, Juice Media Worldwide’s launch of their Juice MetrIQs tool and you will<br />

learn how a retraining program at Polaroid is receiving national attention. These and many more stories we are<br />

sharing reflect examples of people and companies making a commitment to a deal and who have successfully<br />

hit the nail on the head.<br />

ANDREA MILLER


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 7<br />

VOLUME 2 ISSUE 1<br />

PUBLISHER Thomas J. Petters<br />

EDITORIAL<br />

EDITOR Andrea Miller<br />

andrea.miller@pettersgroup.com<br />

ASSISTANT EDITORS & WRITERS<br />

<strong>Tiffany</strong> <strong>Nash</strong>, Katherine Harlander-Locke<br />

CONTRIBUTING WRITERS Theo Brasch, Tristan Galvan,<br />

Jenna Gebeke, Tom Gilgenbach, Stephanie Halvorson, Penny<br />

Locey, Dr. James Mellin, Liz Orenstein, Christine Ortenzio,<br />

Lorrie Parent, Bob Safford, Matthew Volkman<br />

ART<br />

PRODUCTION MANAGER Yola Hartmann<br />

CREATIVE COORDINATOR Sarah Sucansky<br />

DESIGN/ART DIRECTION Dana Oelfke<br />

CONTRIBUTING DESIGNERS<br />

Emily Bretzel, Dave Koehler<br />

CONTRIBUTING PHOTOGRAPHERS<br />

Todd Buchanan, Leif Hillestad<br />

CIRCULATION<br />

CIRCULATION DIRECTOR Corey McMahon<br />

CIRCULATION ASSISTANT Jessica French<br />

ADVISORY BOARD<br />

Bill Dunlap, Patty Hamm, Mary Jeffries<br />

Special thank-you to the staff of Metropolitan Media<br />

Group for all their assistance in producing the<br />

Petters Group magazine.<br />

——————————————————————————<br />

HOW TO REACH US<br />

ADDRESS > Petters Group Worldwide<br />

4400 Baker Rd.,<br />

Minnetonka, MN 55343<br />

Provide feedback, story ideas and events to<br />

magazine@pettersgroup.com<br />

REPRINTS > Contact <strong>Tiffany</strong> <strong>Nash</strong> at<br />

tiffany.nash@pettersgroup.com<br />

——————————————————————————<br />

© Copyright 20<strong>07</strong> Petters Group Worldwide, LLC,<br />

all rights reserved. The opinions of the columnists<br />

are their own.<br />

Petters Group is published by Metropolitan Media Group<br />

exclusively for Petters Group Worldwide.


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 8<br />

:: UPFRONT around the companies<br />

SNAP SHOT ::<br />

NEW POLAROID CEO<br />

MICHAEL LONDON<br />

In mid-August, Michael London joined<br />

Polaroid as their Chief Executive Officer. As a<br />

35-year retail veteran, London is known for<br />

his expertise and focus on innovation, differentiation<br />

and execution with a customer focus. “We<br />

are looking forward to combining Michael’s industry<br />

expertise with Polaroid’s strong brand,” Tom<br />

Petters, Chairman of Petters Group and Polaroid<br />

said. “He brings his knowledge of the marketplace,<br />

product development, product sourcing and<br />

professional management expertise that will be<br />

invaluable to Polaroid.”<br />

London began his career with Lechmere Sales<br />

before serving at Best Buy from 1996-2006. In his<br />

tenure with Best Buy he served in a number of<br />

positions including EVP Merchandising, EVP<br />

Customer Centricity and EVP Global Sourcing. At<br />

Polaroid, London will focus on the strategy to<br />

grow the Polaroid brand globally and the expansion<br />

and profitability of Polaroid’s consumer electronics<br />

line which includes LCD television,<br />

portable DVD players, digital cameras, other<br />

related products which are achieving significant<br />

8 :: PETTERSGROUP<br />

impacts in the CE marketplace. Polaroid’s LCDs<br />

currently rank number two on the NPAA/Twice<br />

ratings report. ”I am looking forward to working<br />

with Polaroid because they have such strong<br />

brand recognition, high purchase favorability and<br />

innovative technology,” London said.<br />

London feels it is critical to understand the<br />

needs of Polaroid’s customers and retail partners in<br />

order to operate effectively and efficiently and differentiate<br />

Polaroid in the marketplace and create an<br />

environment of entrepreneurship and innovation.<br />

“I believe the Polaroid management team and<br />

its employees in combination with Petters Group<br />

will accelerate the Polaroid growth strategy and<br />

perpetuate Polaroid’s long history of leadership in<br />

the market place,” London said.<br />

Described as an innovative leader, London<br />

feels you need to enable your teams to make<br />

decisions in order for them to grow and achieve<br />

results. “The insights he provides to the people<br />

he works with allows everyone to reach<br />

beyond their boundaries and accomplish their<br />

goals,” Petters said.<br />

COMING TO A STORE<br />

NEAR YOU ::<br />

Digital Signage the<br />

New Advertising Media<br />

Recently, there have been many<br />

technological innovations that have<br />

transformed the advertising<br />

industry – one of these being<br />

digital signage. Developed over the<br />

last decade, this technology and<br />

has revolutionized the way<br />

advertisers deliver their messages<br />

to consumers. Not only does<br />

digital signage provide a multitude<br />

of possibilities for advertisers to<br />

reach their key demographic<br />

market, but also provides a larger<br />

advertising medium.<br />

BroadSign International, an<br />

investment of Petters Group<br />

Worldwide, is a leader in the digital<br />

signage industry, and provides the<br />

‘next’ generation of software<br />

solutions for operating digital<br />

signage (captive audience)<br />

networks. BroadSign is not just any<br />

digital signage company. The<br />

product they offer reliably<br />

distributes and plays back media<br />

files fulfilling simple or complex<br />

insertion orders. Essentially, this<br />

means that their software allows<br />

advertisers not only to tailor ads to<br />

a specific market demographic, but<br />

they can also be programmed to<br />

automatically adapt those<br />

messages to the specific location,<br />

conditions, time, and needs of the<br />

venue in which the digital sign is<br />

placed. “We allow advertisers to<br />

get the right message to the right<br />

people at the right time,” explains<br />

Rick Engels, BroadSign CEO and<br />

President.<br />

When looking towards the<br />

future of the industry and<br />

company, BroadSign is confident in<br />

their ability to compete. “The<br />

digital signage market is very<br />

fragmented,” explains David<br />

Womeldorf, Executive Vice<br />

President of Marking and Products.<br />

“We believe that BroadSign has<br />

both the vision and technological<br />

support to not only survive, but<br />

come out as one of the top digital<br />

signage software companies.”<br />

For more information visit<br />

broadsign.com or email<br />

david.womeldorf@broadsign.com


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 9<br />

CONTRIBUTING WRITERS<br />

TO AROUND THE<br />

COMPANIES ::<br />

Theo Brasch, Tristan Galvan,<br />

Jenna Gebeke, Tom Gilgenbach,<br />

Katherine Harlander-Locke, <strong>Tiffany</strong><br />

<strong>Nash</strong>, Liz Orenstein, Christine<br />

Ortenzio, Lorrie Parent, Bob Safford,<br />

Matthew Volkman.<br />

BRIAN DUSHO EXPANDS<br />

BROADSIGN’S SALES &<br />

SUPPORT ::<br />

AS BROADSIGN LOOKS to enter<br />

emerging markets, Brian Dusho,<br />

Executive Vice President of Sales and<br />

Support, launched the BroadPartner<br />

program in 2005, which works to deliver<br />

a total Content Management Software<br />

(CMS) solution. He created a global<br />

sales organization, which focused on<br />

developing a strong client base in North<br />

America, Europe, Asia, and Australia.<br />

“We are looking to expand into many<br />

new markets across the globe. Two of<br />

our current projects include providing<br />

the software to support digital signage<br />

networks for ‘Urban Panels’ in New York<br />

City subway stations and digital grocery<br />

stores in India,” said Dusho.<br />

With a B.A. degree in Finance from<br />

Kent State University, and an office is<br />

Boise, ID, Dusho spends most of his<br />

time traveling to develop new markets<br />

and increase sales to new customers.<br />

His responsibilities include worldwide<br />

sales, supervising solution specialists,<br />

and the support team. “I have never<br />

worked with a more dedicated and driven<br />

team. The level of expertise and professionalism<br />

is the best I have ever<br />

worked with,” said Dusho. “The unique<br />

thing about our industry is that there are<br />

so many new markets for BroadSign to<br />

expand in,” he added.<br />

SUNNY DAYS AT PETTERS<br />

CONSUMER BRANDS<br />

The Aaron Chang International (ACI) team<br />

presented its new spring 2008 Aaron<br />

Chang swimwear line at the Miami Swim<br />

Show in July. The show was a hit thanks to ACI’s<br />

new booth design, and ACI’s new eco-friendly<br />

swimwear designs which are immediately available<br />

at Urban Outfitters, Macy’s, and Victoria’s Secret.<br />

Customers have given positive reviews of ACI suits<br />

due to their cutting edge styles. But for many, their<br />

interest in the suits goes beyond fashion. In ACI’s<br />

spring ’08 swimwear collection, two lines are made<br />

out of recycled polyester, yarns made from materials<br />

such as recycled plastic bottles.<br />

“Our new eco-friendly line is popular because<br />

it reduces impact to the environment without<br />

sacrificing quality, especially with such an<br />

intimate piece of clothing,” Terri O’Shaughnessy,<br />

Petters Consumer Brands Product Manager said.<br />

“Our styles are fresh, and the fabrics, while made<br />

of recycled materials, are no different in feel or<br />

touch than materials found in ordinary<br />

beachwear.” Like the eco-friendly fabrics in the<br />

swimwear, all Aaron Chang t-shirts and cover-ups<br />

are made of organic cotton.<br />

In other news, compact microwaves will soon<br />

soar into Canada. One Sunbeam and one Oster<br />

countertop microwave will be shelved at Loblaws,<br />

a Canadian retail grocery chain. “Entry into the<br />

Canadian market has been a heavy focus for<br />

Petters Consumer Brands (PCB) in the last year,”<br />

David McGee, PCB microwave Product Manager<br />

said. “We are excited about the opportunity to<br />

expand our relationship with Loblaws and<br />

Canadian retailers as a whole.” The two initial<br />

microwaves will hit Loblaws stores in October.<br />

Meanwhile, the team behind the Element<br />

Electronics product line is also preparing for an<br />

exciting season. PCB continues to expand its<br />

relationship with Circuit City, bringing in new<br />

product categories and a broader depth of<br />

products into stores across the country under the<br />

Element Electronics brand. This fall, Circuit City<br />

will sell six LCD televisions ranging in screen size<br />

from 15” to 37”, along with two plasmas. In<br />

addition to televisions, a variety of smaller<br />

electronic products including portable DVD<br />

players, outdoor speakers, five-disc CD changer,<br />

MP3 accessories, and digital picture frames will<br />

also sport the Element Electronics logo. “With<br />

the expanding variety of products together with<br />

the success of the existing SKUs, we anticipate<br />

significant growth in the second half of 20<strong>07</strong> and<br />

2008,” Michael Hines, PCB Product Director for<br />

the Element Electronics brand said.<br />

For more information visit aaronchang.com or email<br />

terri.oshaughnessy@pettersgroup.com;<br />

elementelectronics.com or email<br />

michael.hines@pettersgroup.com;<br />

sunbeammajorapplicances.com or email<br />

david.mcgee@pettersgroup.com<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> <strong>10</strong><br />

:: UPFRONT around the companies<br />

STARS SEEK<br />

OUT NEW<br />

POLAROID<br />

PHOTOKEEPER<br />

Celebrities flocked to New York City, to check<br />

out the Polaroid 7 megapixel digital camera<br />

and media backup device during “Upfront<br />

Week” in May. Upfront Week is where television networks<br />

announce their upcoming fall schedules and<br />

new programming. Lucky Magazine hosted the Lucky<br />

Club Party, where Polaroid and other companies introduced<br />

celebrities to premium products. Amanda<br />

Bynes, Kenan Thompson, the cast of Grey’s Anatomy,<br />

and others, were introduced to the benefits of using the<br />

digital camera with the media backup device – they<br />

never having to worry about losing pictures anymore.<br />

The stars took an immediate liking to their new gadgets<br />

and were seen showing them off.<br />

“Gifting to celebrities brings brand recognition to<br />

the company and helps promote new products like the<br />

media backup device, being launched under the brand<br />

PhotoKeeper,” Lorrie Parent, Polaroid Senior<br />

Marketing Account Executive said. Through the PR<br />

PHILIPPE KALMBACH JOINS<br />

POLAROID IN EUROPE ::<br />

As Polaroid re-establishes itself in international markets,<br />

Philippe Kalmbach, the new Senior Vice<br />

President General Manager of EMEA (Europe, Middle<br />

East, Africa), was hired in June to lead the way in creating<br />

important connections for Polaroid products. “It<br />

has been exciting to work through the challenges of<br />

this new position,” said Kalmbach. “I am working to<br />

build bridges between our brand and our consumers.”<br />

Polaroid has already succeeded in increasing sales<br />

at several big box retailers in the U.K., and is working<br />

towards strengthening these relationships further.<br />

“The trick is making the right contacts, following up<br />

and upholding agreements – something Polaroid has<br />

a strong reputation in doing,” said Kalmbach.<br />

Based out of the Luton office, Kalmbach has been<br />

busy familiarizing himself with the Polaroid brand and<br />

Petters Group culture. “I enjoy the exciting, fast paced<br />

<strong>10</strong> :: PETTERSGROUP<br />

‘Lost’ cast member Josh<br />

Holloway posing with his new<br />

Polaroid camera.<br />

efforts of Fingerprint Communications photos of<br />

celebrities and their Polaroid products were featured in<br />

several magazines, giving Polaroid additional press<br />

worth thousands of dollars. In addition, the press validated<br />

Polaroid’s presence at Upfront Week, as sales of<br />

the media backup device were much higher than<br />

expected in the following weeks..<br />

and challenging environment,” Kalmbach said. Prior<br />

to joining Polaroid, he worked for Eastman Kodak as<br />

Head of Digital Business & Marketing Centre –<br />

Consumer Digital Group EAMER. Kalmbach has also<br />

worked with Lexmark and Solomon Citigroup. His wide<br />

range of knowledge and experience in international<br />

markets will be helpful in achieving success and<br />

Polaroid’s strategic goals.<br />

OIL CHANGES<br />

FOR 747S<br />

Aviation Sales<br />

and Service Center<br />

to Open<br />

The Metropolitan Airport<br />

Commission (MAC) has<br />

approved the terms of a<br />

lease to Petters Aviation,<br />

and Sun Country Airline for<br />

the former Mesaba Airlines<br />

hanger located at the<br />

Minneapolis/St. Paul<br />

International Airfield.<br />

Petters Aviation, a<br />

division of Petters Group<br />

Worldwide, has multiple<br />

uses planned for the facility<br />

including utilizing it as the<br />

headquarters the North<br />

American Sales and Service<br />

Center for Airbus corporate<br />

jets. In May, Petters<br />

Aviation was named by<br />

Airbus as its exclusive sales<br />

center in the United States.<br />

They will also sell and<br />

service other corporate jets,<br />

and base the Petters Group<br />

Charter Service from this<br />

location.<br />

“We are looking to offer<br />

the private airline<br />

community options not<br />

currently available in the<br />

Minneapolis/St. Paul, MN<br />

area. This will make travel<br />

in and out of Minnesota<br />

much easier,” Jay Salmen,<br />

President of Petters<br />

Aviation said.<br />

These operations will<br />

only utilize part of the<br />

facility. Sun Country Airlines<br />

will use the balance of the<br />

space for their emergency<br />

response center, pilot and<br />

inflight training and<br />

storage. The hanger is<br />

located next to the current<br />

Sun Country hanger.<br />

The anticipated<br />

possession date is early<br />

September with operations<br />

commencing in October.<br />

For more information email<br />

susan.geitzenauer@petters<br />

group.com.


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:23 <strong>PM</strong> <strong>Page</strong> 11<br />

PRODUCT SPOTLIGHT ::<br />

Polaroid Licenses Digital Media Software<br />

NEARLY EVERYBODY HAS A FAVORITE<br />

MEMORY that has been captured on film,<br />

video or digital photo. This fall, Polaroid will<br />

make it incredibly easier to share those memories<br />

with My Memories Suite, a software<br />

program created in collaboration with<br />

StoryRock. The innovative software lets you<br />

create everything from professionally printed<br />

photo albums to interactive digital media<br />

albums complete with video and audio clips.<br />

“Our partnership with StoryRock Inc. is ideal<br />

because the software is fun, easy-to-use and<br />

gives our customer an innovative way to<br />

share their digital photos and videos,” Lorrie<br />

Parent, Senior Marketing Account Executive<br />

with Polaroid said. “It’s an excellent tie-in with<br />

a host of other Polaroid products our customers<br />

use to capture and share their digital<br />

memories; digital cameras, digital photo<br />

frames, LCD TVs, etc.” My Memories Suite<br />

will make its Polaroid debut on a 30 minute<br />

infomercial this fall.<br />

With a click of a mouse, My Memories<br />

Suite is an easy-to-use tool that allows you to<br />

create a project in minutes, than export that<br />

story to a variety of print and multimedia<br />

options. Export options include a printed<br />

photo book, DVD video, CD picture disc, customized<br />

cards available via the Internet, and<br />

other products that make it incredibly easy to<br />

share memories with family and friends. “For<br />

Polaroid, this software is all about sharing<br />

memories that were captured using other<br />

Polaroid products such as a digital or film<br />

camera or video camera,” Parent said.<br />

Other My Memories Suite features include<br />

dozens of pre-designed professional templates<br />

and a FastFoto option that automatical-<br />

OPEN: A Fitting Showroom for Polaroid<br />

ly inserts a folder full of photos into a designer<br />

template or one you create. Easy-to-use<br />

tools let you crop photos, eliminate red-eye,<br />

make contrast adjustments, and bring “stills”<br />

to life with video, narration, and music. Best<br />

of all, the Mac and PC compatible program is<br />

so easy to use, you can drag a photo to your<br />

project from anywhere on your computer.<br />

Watch for My Memories Suite this fall and get<br />

ready to share your own photos.<br />

A TOUR OF POLAROID’S PLUSH NEW SPACE at 4400 Baker Road<br />

wouldn’t be complete without a visit to its new 900+ square foot<br />

showroom. Located near the elevator bank on the second floor, the<br />

area includes 13 LCD TVs of varying sizes, and each connected to<br />

an adjacent room devoted entirely to cables and media sources. A<br />

variety of Polaroid consumer electronics such as digital cameras,<br />

photo frames, portable DVD players and other consumer electronics<br />

also adorn the walls.<br />

Perhaps, the best use of the showroom area is for giving demos<br />

of one of Polaroid’s newest products – the Digital Entertainment<br />

Center (DEC). The DEC is a compact-sized set-top box that let’s you<br />

record and view all of your favorite TV shows, movies, digital photos<br />

and so much more. “The DEC syncs with your MP3 player, your<br />

camcorder, your digital picture frame, personal media player, and<br />

plays back on any LCD TV,” Jon Pollock, VP of New Technology at<br />

Polaroid said. “The DEC is a central figure in creating a Wi-Fi-based<br />

community of Polaroid consumer electronics devices and the<br />

Digital Living area makes it incredibly easy to show customers its<br />

full potential.”<br />

The DEC is set to launch next spring.<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 12<br />

:: UPFRONT around the companies<br />

Malibu Beach has long been a favorite destination<br />

for Hollywood trend-setters. This year’s<br />

added attraction was the Polaroid Beach<br />

House location, on a prime setting known as Billionaire’s<br />

Beach. The estate, outfitted with the latest Polaroid electronics,<br />

was the site of private parties and exclusive events attracting<br />

big name celebrities and VIPs throughout the summer.<br />

The Polaroid Beach House treated celebrities to elegance<br />

and luxury with overnight hotel-like accommodations,<br />

complete with high-end amenities such as Polaroid Full<br />

High-Definition LCD TVs, digital photo frames, portable<br />

DVD players, and digital cameras. In addition to enjoying<br />

the sun and the surf, celebrities had the opportunity to<br />

experience Polaroid products much in the same way they<br />

would in their own homes.<br />

12 :: PETTERSGROUP<br />

The sitting area in the Polaroid Beach<br />

House features several Polaroid LCD’s<br />

POLAROID CAPTURES A<br />

PICTURE PERFECT SUMMER<br />

AT THE POLAROID BEACH HOUSE ::<br />

The courtyard entrance to the property greeted guests<br />

with five 40” HD LCD TVs displaying specially prepared<br />

content for each event, the living room offers not only a<br />

great view of the surf, but of several 46” Full HD TVs, and<br />

all the fun is captured on the newest Polaroid digital cameras<br />

like the t730 and the m737t.<br />

Celebrities like James Woods, Macy Gray, Matthew<br />

McConaughey, Luke and Owen Wilson, and other A-list<br />

stars made the Polaroid Beach House a favorite hot spot this<br />

summer. And, the press was not too far behind. Press coverage<br />

for the Polaroid Beach House project was featured on<br />

“Entertainment”, “The Tonight Show”, “Fox News” and<br />

“Extra.” In addition, People, Star, US Weekly, OK, and<br />

InStyle, regularly featured the events at the house, as well as<br />

the latest products featured.<br />

DIGITALLY-<br />

ENHANCED<br />

DVDS BRING<br />

OLD MEMORIES<br />

TO LIFE ::<br />

Always striving to<br />

provide a more<br />

enjoyable viewing<br />

experience for<br />

customers, YesVideo<br />

has taken their movie<br />

film to DVD<br />

technology to the next<br />

level. When<br />

customers submit<br />

their old movie reels<br />

for transfer, they now<br />

receive digitallyenhanced<br />

DVDs, with<br />

footage that is more<br />

clear and vibrant than<br />

the originals.<br />

The new<br />

processing technology<br />

not only intensifies<br />

color and contrast<br />

that has deteriorated<br />

over time, but also<br />

significantly reduces<br />

the appearance of<br />

spots and marks on<br />

the film surfaces.<br />

Initial feedback<br />

from customers is<br />

extremely positive.<br />

Customers report that<br />

they are amazed at<br />

the sharpness and<br />

clarity of 30 and 40year-old<br />

footage.<br />

YesVideo’s<br />

digitally-enhanced<br />

DVDs are available<br />

from 8 mm, Super 8<br />

and 16 mm movie film<br />

reels, 35 mm slides<br />

and photo prints.<br />

Visit yesvideo.com<br />

to order directly or to<br />

find a retailer near you.


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 13<br />

NEW TECHNOLOGY ::<br />

Solid Success in Digital Photo Frame Market<br />

POLAROID ENTERED THE DIGITAL<br />

PHOTO FRAME MARKET with the same<br />

fun, easy-to-use, solution-based products<br />

that have been successful in so many other<br />

consumer electronics categories. In fact,<br />

Polaroid is excelling with several choices in<br />

stores throughout the US and Europe<br />

including a 7” Digital Photo Frame<br />

packaged in its own gift box, with ribbon<br />

and all. The uniquely boxed frame was<br />

featured on an end cap at Target stores for a<br />

key Mother’s Day selling season and<br />

regarded as a huge success.<br />

This fall, Polaroid plans to stand out even more from the crowd by offering a 7” Digital<br />

Photo Frame that includes a built-in wireless weather station. The dual-purpose unit<br />

includes features found in many of Polaroid’s frames: 16:9 aspect ratio, JPEG image<br />

support, the ability to read a host of memory cards, and viewing modes that let you watch<br />

everything from a single picture to a slide show. In addition, the unit includes 32MBs of<br />

built-in storage to hold several digital photo albums, USB 1.1/2.0 ports to connect your<br />

camera directly to the frame, and a remote control for convenience. But what really makes<br />

this photo frame unique is its ability to give you the latest weather conditions. The built-in<br />

wireless weather station uses a battery-operated outdoor weather sensor to display weather<br />

conditions including outdoor temperatures while an indoor sensor gives you inside<br />

temperatures. So while you’re watching a slide show of your sunny Florida vacation, you’ll<br />

be able to keep track of your local weather. The Digital Photo Frame with Wireless Weather<br />

Station makes its debut this September at Target stores nationwide.<br />

FINGERHUT CUSTOMER SATISFACTION TOPS IN RETAIL ::<br />

FINGERHUT TAKES ITS CUSTOMER<br />

SATISFACTION VERY SERIOUSLY. Each<br />

month, Fingerhut expends significant<br />

resources in order to communicate with<br />

its customers to find out how they’re<br />

doing. Over two hundred phone<br />

interviews are conducted by customer<br />

service representatives located in<br />

Minnesota, from a random sample of<br />

the customer population. The great<br />

news is that Fingerhut customers love<br />

Fingerhut!<br />

One measure, the Net Promoter<br />

Score, is a commonly regarded measure<br />

of customer loyalty. Based on a tenpoint<br />

scale, customers are classified as<br />

either a promoter, a passive or a<br />

detractor, and only those with a score of<br />

9 or <strong>10</strong> are classified as promoters.<br />

The industry believes that promoters<br />

are critical in generating word of mouth<br />

support for a brand—a critical<br />

component of success.<br />

Most successful retailers have<br />

scores in the 60% range, but Fingerhut<br />

enjoys levels significantly higher, and in<br />

20<strong>07</strong>, scores have ranged from 75 to<br />

80%. The news only gets better - scores<br />

continues to increase, and in the last<br />

year, this score has risen by over ten<br />

percentage points.<br />

In a second measure of overall<br />

customer satisfaction in which most<br />

major multi-channel and online retailers<br />

participate, Fingerhut has an industryleading<br />

score. Fingerhut Direct<br />

Marketing’s score tops such highlyrespected<br />

retailers as Kohl’s, Target,<br />

Costco and even online giants Amazon<br />

and eBay.<br />

It’s clear that Fingerhut’s almost<br />

single-minded focus on its customer is<br />

paying off. Its high-quality, brand name<br />

merchandise, flexible credit program,<br />

24/7 convenience and feature-rich, easyto-use<br />

website, are all working together<br />

to bring Fingerhut customers back time<br />

and again.<br />

Visit Fingerhut.com to learn about<br />

their products.<br />

Polaroid LCDs line the walls<br />

of the chic Chambers’.<br />

POLAROID IS MAKING<br />

WAVES IN HOTELS AND<br />

COMMERCIAL VENUES ::<br />

Polaroid is already bringing stunning high<br />

definition (HD) clarity to private homes<br />

through LCD TVs, and is now doing the<br />

same for hotel guestrooms, restaurants, and<br />

other commercial settings. Polaroid Hospitality<br />

and Commercial, LLC offer a comprehensive line<br />

of high definition LCD TVs and digital signage,<br />

to meet the specific needs of the commercial and<br />

entertainment businesses.<br />

Ranging from 15 to 46 inches, Polaroid commercial<br />

LCDs are built with lightweight panels<br />

and detachable TV stands that are easy for wallmounting<br />

in suites, hotel rooms, and bathrooms.<br />

Each LCD TV has passed compatibility standards<br />

of some of the world’s largest in-room<br />

entertainment providers, includes HD programming,<br />

and the ability to be used as an HD computer<br />

monitor. Featuring slim designs, Video On<br />

Demand (VOD) support, and optional integrated<br />

DVD players, the commercial LCDs are versatile<br />

to fit any commercial setting.<br />

To showcase the exceptional line of Polaroid<br />

LCDs, the hospitality team attends many major<br />

tradeshows throughout the year. In November,<br />

Polaroid will have a booth at the 92nd annual<br />

International Hotel/Motel & Restaurant Show®<br />

in New York City. This tradeshow presents the<br />

opportunity to show some of the world’s largest<br />

hotel and restaurant chains, the products that<br />

Polaroid has to offer.<br />

For a sneak preview of the line, visit<br />

Chambers, the Luxury Arts Hotel in downtown<br />

Minneapolis. Polaroid LCD TVs line the walls<br />

of the ultra-modern lobby and restrooms. Or,<br />

check out all of our commercial products on<br />

the new Polaroid Hospitality and Commercial<br />

website at www.polaroid.com/hospitality or<br />

email honigk@polaroid.com<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 14<br />

:: UPFRONT around the companies<br />

SMILES NOT<br />

SCOWLS<br />

Sun Country Launches Marketing Campaign<br />

KATHERINE HARLANDER-LOCKE<br />

More leg room, a frequent flyer program that actually rewards,<br />

cheeseburgers, leather seats, luggage on arrival, scheduled service<br />

to over 30 cities, and great customer service – who wouldn’t<br />

want to fly Sun Country Airlines?<br />

Sun Country launched a comprehensive marketing campaign beginning<br />

in May aimed at building awareness for the airline and ultimately increasing<br />

sales, especially with business travelers. The campaign is multi-phased; the<br />

first phase of the campaign focused on why Sun Country is the best choice for<br />

travelers. Using comparisons such as Sun Country’s “smiles” with another<br />

local airline’s “scowls”, the advertising uses humor to highlight Sun Country’s<br />

superior product offering.<br />

The second phase of the campaign introduce the market to UFly, Sun<br />

Country’s frequent flyer program that is unique because it is simple (<strong>10</strong>0<br />

points = 1 free RT ticket) and has no blackouts, no restrictions. As the tag line<br />

reads, “Any seat. Any day. Any time.” One week after the launch, over 70,000<br />

customers had signed up for the rewards program.<br />

The television spots, which have received rave reviews, have been the cornerstone<br />

of the campaign. In one, a Sun Country flight attendant asks passengers<br />

whether or not they want a cheeseburger…or nothing…and asks them to<br />

put their heads down on the trays for a secret vote. Other mediums include<br />

radio, billboards, bus and lightrail wraps, newspaper and magazine ads and a<br />

strong grassroots campaign, featuring an orange and blue wrapped RV.<br />

The ambitious guerilla marketing program is aimed at building awareness<br />

for the airline within the community. Besides the decked-out 30 foot RV, the<br />

public can obtain free t-shirts, campaign buttons and stickers, yard signs,<br />

bumper stickers and luggage tags. The RV has attracted a lot of attention, and<br />

many people stop and ask for schedules.<br />

Pete Heunisch, Marketing Project Specialist for Sun Country, manages<br />

the group of interns and employees that work at the many events the RV visits.<br />

“It is a great opportunity for the airline to have one-on-one contact with<br />

the public. We are developing a personal relationship with travelers in this<br />

marketing and one thing is apparent – people love Sun Country,” he said.<br />

“We really wanted to let people know that they do have a choice<br />

when picking an airline to fly,” said Liz Schuster, Sun Country<br />

Marketing and Promotions Coordinator. “Our airline has so many great<br />

aspects that we really wanted to highlight them and be able to talk with<br />

people face-to-face.”<br />

Some of the more popular events this summer have included Joe<br />

Schmit’s Golf Tournament, Grand Old Days in St. Paul, the Stone Arch Art<br />

Festival, Taste of Minnesota, Basilica Block Party, Aquatennial Block Party<br />

and Irish Fest.<br />

“An important goal that we had for the summer and this campaign was to<br />

be visible within the community,” said Heidi Bausch, Sun Country Marketing<br />

14 :: PETTERSGROUP<br />

One of the light rail trains in<br />

Minneapolis, MN is displaying<br />

the Sun Country messaging.<br />

A scene from one of Sun Country’s new commercials<br />

Assistant. “We’ve had a great time attending the events, and the interns have<br />

also enjoyed being involved.”<br />

The airline has also benefited, with an exponential increase in sales this<br />

summer. “Since launching the campaign, we have definitely seen the impact,<br />

not only in sales but in load factors,” said Wendy Williams Blackshaw, Sun<br />

Country Vice President of Marketing. “We anticipate the UFly Rewards will<br />

continue this upward trend.”<br />

Sun Country has also earned the honor, for the second year in a row, of<br />

being named to the “World’s Best List” of Top <strong>10</strong> Domestic Airlines in Travel<br />

+ Leisure magazine. “This award is a tribute to our employees and their collective<br />

commitment to serving our passengers,” said Jay Salmen, CEO of Sun<br />

Country.<br />

In addition to the marketing campaign, launch of UFly program, and<br />

receiving the Travel + Leisure award, Sun Country has acquired two new<br />

planes from Boeing. Sun Country will expand their flight schedules to New<br />

York, SanFrancisco, Los Angeles, Washington D.C. and added West Palm<br />

Beach, FL and Tucson, AZ to their flight schedule.<br />

“By expanding our fleet, we will be able to provide better service to our<br />

customers through increased flight options,” said Salmen.<br />

For more information visit suncountry.com or email wendy.blackshaw@suncountry.com


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 15<br />

THE PSYCHOLOGY OF<br />

ORANGE AND BLUE ::<br />

BY STEPHANIE HALVORSON<br />

Think that orange and blue were<br />

chosen as Sun Country’s colors<br />

by mistake? Think again.<br />

Here is a little scientific proof that<br />

we’re doing things right…<br />

ORANGE<br />

Orange is considered an energetic color.<br />

It brings to mind feelings of excitement,<br />

enthusiasm, and warmth. Orange is also<br />

often used to draw attention.<br />

In Chromotherapy (otherwise known<br />

as color therapy), orange is used to heal<br />

the body and increase energy levels.<br />

WHAT DOES ORANGE<br />

SAY ABOUT US?<br />

We are…<br />

Fun loving<br />

Talkative<br />

Energetic<br />

Trendy<br />

BLUE<br />

Blue is a soothing color that brings to<br />

mind feelings of calmness or serenity. It<br />

is often described as peaceful, tranquil,<br />

secure and orderly. Blue is also<br />

considered the color of loyalty.<br />

In Chromotherapy, blue is believed to<br />

soothe and treat pain.<br />

WHAT DOES BLUE<br />

SAY ABOUT US?<br />

We are…<br />

Credible<br />

Confident<br />

Loyal<br />

Dependable<br />

It is safe to say that orange and blue<br />

fit us perfectly here at Sun Country. We’re<br />

energetic and fun-loving. But more<br />

importantly, we’re loyal, dependable, and<br />

we heal the wounds and soothe the pain<br />

of the frustrated traveler who has ever<br />

flown with anyone else.<br />

Clearly, Orange + Blue + Sun Country =<br />

the perfect prescription for a great travel<br />

experience.<br />

VALUES MESSAGE :: Execution<br />

CLOCKWISE FROM TOP: Petters Group, located<br />

on the 3rd floor has a central reception area. •<br />

The new building features several pieces from the<br />

Polaroid Art Collection in its hallways and conference<br />

rooms. • Polaroid images and product are displayed<br />

on the 2nd floor reception area.<br />

John Jordan<br />

FOR MOST EMPLOYEES in the Minnetonka, MN offices, the<br />

move to the new building involved packing some boxes, moving<br />

them and than trying to find where the new conference rooms were<br />

located. For John Jordan, Vice President of Facilities for Petters Group, the renovation of<br />

the south building started 18 months ago when Petters Group entered into a joint venture<br />

with Welsh Companies to develop the entire campus, which will include two additional<br />

buildings. By taking input on everything from use of space to the color of wallpaper, from<br />

the construction company, designers, the executive team, staff and the various companies<br />

occupying the 89,651 sq. ft., Jordan led various teams to complete stage one of the renovations<br />

in just four months.<br />

Staff moved into the building in early June, and stage two of the cafeteria remodel was<br />

finalized in August. The front entry and parking lot are projected to be complete in<br />

October. While finishing the new building, work to clean out the 120,000 sq. ft. old building<br />

was also underway. Jordan said it needed to be broom cleaned before its demolition in<br />

late July. When it comes to executing a plan with multiple directors in multiple stages,<br />

Jordan demonstrated his strong leadership skills.<br />

DAVID WOMELDORF JOINS BROADSIGN ::<br />

IN DEVELOPING AND LAUNCHING A NEW STRATEGIC<br />

PLAN to guide future growth, BroadSign recently added<br />

David Womeldorf to their leadership team as Executive<br />

Vice President of Marketing. “Our new business plan<br />

focuses on public relations and brand awareness, both<br />

which will be instrumental in the future growth of the<br />

company,” Womeldorf said. “I build bridges between the<br />

techies and business strategists,” he added.<br />

Working out of the Minnetonka office, Womeldorf has<br />

enjoyed the exciting, entrepreneurial and fast-paced<br />

environment, since joining the company in May. Womeldorf brings with him more<br />

than 17 years of business technology experience from Cargill Ventures, Wells Fargo,<br />

Thomson Corp, IMI plc - a FTSE 250 public company on the London Stock<br />

Exchange, and was a co-founder of a web consultancy company.<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 16<br />

:: UPFRONT around the companies<br />

LIVEBYCAMPUS<br />

Campus Housing Companies Merge<br />

As most property owners and renters<br />

know, the most important aspect of student<br />

housing is location, location, location.<br />

With the merge of Campus1Housing.com, a<br />

portfolio company of Petters Group Worldwide,<br />

and LiveByCampus.com, students around the<br />

country will have more properties to choose from<br />

and an easy one-stop-shop for off-campus housing.<br />

“With the knowledge and expertise of both<br />

management teams coupled with the resources<br />

of Petters Group, we will be able to be a more<br />

comprehensive student housing resource while<br />

more effectively servicing property managers,”<br />

said Eric C. Wu, CEO of LiveByCampus.com<br />

and recently named one of BusinessWeek’s top<br />

25 entrepreneurs under 25.<br />

As leaders in the off-campus housing market,<br />

both companies shared similar expansion plans,<br />

and the merger seemed to be the logical next-step<br />

for each. Both companies bring different strengths<br />

and resources to the newly-formed partnership;<br />

Campus1Housing.com’s applicable pricing model<br />

and strong operating model will naturally complement<br />

LiveByCampus.com’s strong brand name and<br />

innovative technology.<br />

YESVIDEO DIGITIZES USC<br />

ATHLETIC VIDEO LIBRARY ::<br />

High-quality processing protects and<br />

organizes generations of Trojan sports footage<br />

16 :: PETTERSGROUP<br />

The members of the new LiveByCampus organization, Joe<br />

Condit, Eric Wu and Jake Burns<br />

“This merger is a perfect fit for us. The<br />

LiveByCampus technology and web development<br />

expertise will greatly enhance our current<br />

services for students and property managers<br />

alike,” Jake Burns, Founder/CEO of<br />

Campus1Housing.com said.<br />

Also, as part of the merge, both companies<br />

will fall under the name of LiveByCampus.com,<br />

and will continue to invite students to participate<br />

in the internship program. As part of the<br />

program, students used a variety of different<br />

marketing tactics to help increase web site traffic<br />

and brand awareness.<br />

LiveByCampus.com was founded in 2006<br />

to help students find off-campus housing in the<br />

Southwest U.S. Through an online platform,<br />

LiveByCampus provides a housing resource<br />

that enables students to search for rentals near<br />

college campuses, view detailed property information,<br />

and see apartment ratings and comments<br />

from fellow students.<br />

Campus1Housing.com was founded in 2005<br />

on the concept that high-demand rental property<br />

around campus could be distributed to students<br />

through an auction platform. Focused on having<br />

a strong local presence in the Midwest,<br />

Campus1Housing has provided property<br />

managers with on-site student support, while<br />

continuing to provide students and parents with a<br />

comprehensive housing resource.<br />

For more information visit livebycampus.com or<br />

email jake.burns@livebycampus.com<br />

THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC) recently<br />

selected YesVideo to transfer their entire athletic video library to<br />

archive-quality gold DVDs and hard drives.<br />

Prior to working with YesVideo, the USC game video library was<br />

stored on thousands of professional format videotapes and over<br />

1.5 million feet of movie film.<br />

USC’s athletic video collection includes football, basketball, track &<br />

field, volleyball, and other sports programs and interviews dating back to<br />

the 1930s. YesVideo has applied their automated technology to include<br />

titles with the game files, and scan the content for natural chapter<br />

breaks. The chapter breaks are used for creating visual menus on the<br />

DVDs, allowing efficient searching within the games.<br />

“We are excited to bring our video and film libraries of athletic events<br />

into the digital age,” Tim Tessalone, USC Sports Information Director<br />

said. “By converting these assets to a standard digital format, these<br />

priceless moments are being preserved for generations and organized<br />

for easier accessibility.”<br />

YesVideo, which has a SpringWorks investment, has also performed<br />

this video archive service for the game tape library of the Detroit Pistons<br />

and other athletic teams, schools and training video businesses.<br />

For more information visit yesvideo.com


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 17<br />

PRODUCT SPOTLIGHT ::<br />

Making a Statement<br />

with Polaroid Digital<br />

Camera Trim Kits<br />

POLAROID HAS LONG BEEN an<br />

American icon. Today, a few of its digital<br />

cameras are on their way to becoming<br />

highly sought after fashion accessories. The<br />

5 and 6 megapixel cameras, available in a<br />

number of retail stores, include interchangeable<br />

trim kits. The trim kits, made of<br />

a flexible, but durable plastic, easily snap<br />

on and off the camera. They come in complementary<br />

colors and designs giving the<br />

camera a customized look that fits your<br />

outfit or personality. The i531 is available in<br />

three colors: white, silver and black, and<br />

include the trim kits, with colors ranging<br />

from white and purple to light blue and<br />

black, with contrasting geometric shapes.<br />

POLAROID TURNS 70 ::<br />

SEPTEMBER WILL MARK ANOTHER<br />

MILESTONE in Polaroid’s and diverse<br />

history. The Polaroid Corporation will<br />

celebrate its 70th anniversary after its<br />

original inception on September 13th, 1937.<br />

Many changes have occurred since Edwin<br />

Land obtained his first patent for a synthetic<br />

sheet polarizer, which made it practical to<br />

use a polarized sheet in various products,<br />

including headlights photographic filters,<br />

and sunglasses. Fast forward 70 years, and<br />

the company still carries on its innovative<br />

spirit. The 70th anniversary will mark the<br />

first collaborative celebration of the<br />

company’s birthday since the 50th<br />

anniversary bash at Boston College’s Alumni<br />

Stadium in 1987. The 50th anniversary event<br />

featured celebrities like comedian Steve<br />

Allen, actress Mariette Hartley who starred<br />

in several Polaroid commercials and<br />

performances by the Pointer Sisters. The<br />

night celebrated not only Polaroid and<br />

Land’s innovative products and inventions,<br />

but Polaroid’s forward-thinking approach to<br />

its business practices.<br />

In the past 20 years, Polaroid has seen<br />

many changes in its business, moving from<br />

Some trim kits even let others know<br />

you’re making more than just a fashion statement<br />

– you’re doing your part to fight breast<br />

cancer. The i631 is a pink camera that comes<br />

with three trim kits, a pink, pink and green<br />

stripe, and a white and pink striped trim kit<br />

that features the Breast Cancer Research<br />

Foundation’s pink ribbon to spread awareness<br />

of the fight against breast cancer. The<br />

i631 launches this fall in time to coincide with<br />

Breast Cancer Awareness month in October.<br />

Polaroid and Tom Petters each pledged<br />

$75,000 dollars to the Breast Cancer<br />

Research Foundation as part of Polaroid’s<br />

commitment to this great orgazination.<br />

an instant photography company to a<br />

digital electronics company. This evolution<br />

has been a natural progression for<br />

Polaroid, as it has been in the homes of<br />

families for more than 50 years. In order to<br />

make this progression, Polaroid has<br />

adapted to offer new product including<br />

digital cameras, portable DVD players, and<br />

high definition LCD TVs.<br />

While Polaroid products have changed,<br />

one thing has remained constant: the<br />

strive for innovation. Innovation has<br />

always been an important element in<br />

Polaroid’s success and will continue as<br />

Polaroid begins the launch of its latest<br />

products. Polaroid’s new technologies<br />

will look to change the way people interact<br />

with technology in their homes, and share<br />

memories with loved ones.<br />

While Polaroid’s business has seen many<br />

changes throughout its storied existence, it<br />

continues to share the celebration of its<br />

history, with the people that have worked so<br />

hard to make it successful: its employees<br />

and their families.<br />

David Baer, Chief Legal Officer Petters Group,<br />

Mr. Yasushi Akashi, Former Deputy Secretary<br />

General of the United Nations, Tom Petters,<br />

CEO and Chairman Petters Group, Mr. Koji<br />

Takebe, President, Petters International Japan<br />

and Theo Brasch, Business Development<br />

Director Petters Group.<br />

DELEGATION<br />

VISITS JAPAN ::<br />

A DELEGATION FROM PETTERS GROUP<br />

WORLDWIDE visited Japan in July to<br />

promote Petters Group owned subsidiaries<br />

and discuss international business<br />

initiatives. The timing of the trip was vital<br />

to seeking business opportunities in Japan as<br />

the new government, led by Prime Minister<br />

Shinzo Abe, recently passed<br />

“triangle merger” legislation which makes<br />

it easier for U.S. companies to make<br />

investments into, or to purchase Japanese<br />

corporations.<br />

Tom Petters was asked by Forbes Japan<br />

to conduct an in-depth interview regarding<br />

the growth of Petters Group, and how certain<br />

acquisitions have affected the company over<br />

the years. These included Fingerhut, Sun<br />

Country, Polaroid and uBid. The article will<br />

run in the October issue Forbes Japan.<br />

The delegation was invited to a private<br />

meeting at the Tokyo Club with Mr. Yasushi<br />

Akashi, Special Envoy of the Government of<br />

Japan and former Under-Secretary-General of<br />

the United Nations. Mr. Akashi was gracious<br />

enough to provide an economic and political<br />

briefing of the Japanese landscape, citing hurdles<br />

and discussing potential courses of<br />

action that will keep Japan<br />

competitive with emerging Asian markets.<br />

The agenda also included meetings<br />

with several global financial and investment<br />

banks, as well as discussion with current<br />

component and technology suppliers. During<br />

the short trip, the group also spent time with<br />

Mr. Yuta Ito, President of Polaroid’s Japan<br />

office, and Mr. Koji Takebe, President of<br />

Petters International Japan, discussing brand<br />

awareness in Japan and the commitment<br />

Petters Group has made to achieving success<br />

at home and abroad. For more information<br />

email theo.brasch@pettersgroup.com<br />

FALL 20<strong>07</strong>


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:: GALLERY john t. petters foundation<br />

Legacy Gala Celebrates “A Night in Beijing”<br />

John T. Petters Foundation Raises Over 2.2 Million<br />

As soon as guests walked through the<br />

Forbidden City entrance at the John<br />

T. Petters Foundation 20<strong>07</strong> Legacy<br />

Gala, they felt as if they were truly in Beijing,<br />

China amongst the beautiful décor, music and<br />

food. On August 11th, the Hilton Hotel in<br />

Minneapolis, MN hosted the sold out event for<br />

over 800 guests celebrating John Petters’ legacy<br />

at the 2nd annual Legacy Gala. More than $2.2<br />

million was raised from the 20<strong>07</strong> John T. Petters<br />

Foundation Legacy Gala! Proceeds include support<br />

from sponsorships, silent and live auctions,<br />

the <strong>Tiffany</strong> & Co. Blue Box Extravaganza and a<br />

generous match from Tom Petters. A roaming<br />

Chinese dragon led guests into the ballroom for<br />

an evening of entertainment, including the Great<br />

China Circus, a Foundation video, speeches and<br />

cumulated with headliner Bill Cosby. A video featuring<br />

scholarship recipients and messages<br />

shared from the Gala’s Honorary Chariman, Dean<br />

Vlahos, Tom Petters, Jennifer Petters and Jamie<br />

Hagan, gave guests a wonderful insight into who<br />

John Petters was and what the fulfillment of his<br />

vision is meaning to others.<br />

Plans are already underway for the 2008<br />

Legacy Gala so look for more information in the<br />

coming months.<br />

2<br />

18 :: PETTERSGROUP<br />

1<br />

3


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4<br />

6 7<br />

[1] A sea of gold and red transformed<br />

the ballroom into an elegant palace.<br />

[2] John T. Petters Foundation staff,<br />

Dick Gross, Mollie O’Brien and<br />

Dawn Fish, Executive Director<br />

[3] Headliner, Bill Cosby, shared<br />

his insights into life<br />

[4] Dean Vlahos, Jamie Hagan,<br />

Bill Cosby, Tom Petters, Jennifer Petters,<br />

Nigel Malloch and Michelle Vlohos<br />

[5] Event guests Deanne Ledee, Kevin<br />

Ledee and Camille Chee-Awai<br />

[6] Dove Carter of Petters Group<br />

(center) welcomed Bill Cosby and<br />

Smokey Robinson<br />

[7] Bill Dunlap of Petters Group visited<br />

with John and Karleen Hagan, John<br />

Petters’ grandparents<br />

[8] Tracy Mixon, Tom Petters, Bill Cosby,<br />

Jennifer Petters and Nigel Malloch<br />

[9] Tom Petters (2nd left) welcomed<br />

guests Bud Swanson, Mary Jeffries,<br />

President/COO of Petters Group, Heidi<br />

Libera, John Jeffries and Rachel Jeffries.<br />

9<br />

8<br />

5<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 20<br />

:: GALLERY john t. petters foundation<br />

Setting the Course<br />

Foundation Looks At Future Plans<br />

DAWN FISH, EXECUTIVE DIRECTOR<br />

The more students study abroad, the<br />

keener their ability to successfully<br />

work in our increasingly global market.<br />

After John T. Petters’ tragic death just three<br />

years ago, the Foundation was established<br />

to further his passion for helping talented,<br />

less fortunate students experience study<br />

abroad. His passion foretold a rapidly<br />

growing trend at most colleges to strongly<br />

encourage, and increasingly, require, more<br />

students to study abroad as part of their<br />

undergraduate experience.<br />

In three short years, the John T. Petters<br />

Foundation has provided more than<br />

$<strong>10</strong>0,000 to 20 students for study abroad<br />

experiences that have transformed their<br />

lives. With your help from the 20<strong>07</strong> Legacy<br />

Gala, we hope to add more than $1 million<br />

to our endowment, and distribute more<br />

than $150,000 next year to nearly double<br />

the amount of students assisted to date.<br />

The cost of a college education is escalat-<br />

ing beyond reach for many. Studying<br />

abroad adds to that already skyrocketing<br />

cost, while being demanded by more and<br />

more employers. Accordingly, the John T.<br />

Petters Foundation is fulfilling a burgeon-<br />

ing need for today’s college students and<br />

their employers of the future. We are proud<br />

to provide scholarships for global compe-<br />

tency within tomorrow’s workforce. We<br />

thank you for your support and partnership<br />

in helping to meet this increasing need.<br />

20 :: PETTERSGROUP<br />

THANK YOU<br />

“A simple thank you does not seem enough to express how grateful I am to you, John<br />

Petter’s family and his Foundation for choosing me as a recipient for the scholarship in<br />

John’s honor. I am looking forward to studying abroad and know it will be the experience<br />

of a lifetime. Your Foundation has made this possible for me and I will do everything in my<br />

power to get the most out of this opportunity.”<br />

—LEVI LOWELL, SAINT JOHN’S UNIVERSITY 20<strong>07</strong> RECIPIENT<br />

“Thank you so much for choosing me for the scholarship. This foundation is so great.<br />

Many people tell college students to study abroad but with costs rising it becomes much<br />

harder. With your help my dreams will come true.”<br />

—ALEX HAMEL, ST. THOMAS 20<strong>07</strong> RECIPIENT<br />

“Being selected as a recipient for the John T. Petters Scholarship is an honor and a true<br />

blessing. Your financial support and belief in my potential will undoubtedly help me achieve<br />

my aspirations. I am enthusiastic about the fantastic opportunity to study in Segovia, Spain.<br />

While abroad I intend to gain a better understanding of international business in addition to<br />

learning the Spanish language. Thank you for this wonderful opportunity.”<br />

—CORY MORTENSON, SAINT JOHN’S UNIVERSITY 20<strong>07</strong> RECIPIENT<br />

“I am extremely excited to receive this award. Your generosity is so greatly appreciated, and<br />

I will treasure my experience abroad for the rest of my life. After graduation I hope to work<br />

as a corporate trainer and consultant. My ability to relate to individuals and companies will<br />

be a great strength, only strengthened by the Central Europe program made possible<br />

through your scholarship. Thank you again for your generosity to Miami University, the<br />

Richard T. Farmer School of Business, and me. It means a great deal.”<br />

—BRIAN VANNEST, MIAMI UNIVERSITY 20<strong>07</strong> RECIPIENT<br />

FOUNDATION HISTORY : :<br />

The John T. Petters Foundation honors the short and<br />

remarkable life of John Petters. John was a<br />

gregarious, 21-year-old student who was one of the<br />

most vibrant individuals you’d ever want to meet. As<br />

a student at Miami University in Oxford, Ohio, he<br />

tragically lost his life while on spring break in<br />

Florence, Italy, in March 2004. John had a desire to<br />

help deserving students study abroad and his family<br />

and friends made sure this would not end with his<br />

passing. Scholarships are awarded on a need-basis<br />

to students who display John’s characters of<br />

leadership, motivation, and the overall passion to study international<br />

business. The Foundation awards scholarships on an annual basis.


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<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 22<br />

:: GALLERY charitable giving gallery<br />

Melanie Martin, Michelle Galt and Tristan Galvan from Polaroid works on<br />

sanding and varnishing trim boards at the Habitat House.<br />

Building Dreams<br />

On May 9th and 17th, employees of the John T. Petters<br />

Foundation, Petters Group Worldwide and Polaroid joined<br />

together with the Twin Cities Habitat for Humanity and<br />

other local businesses to give back to the local community.<br />

There were 21 employees from the Minnetonka office who donated<br />

their time to the Entrepreneurial House – a home built by donations and<br />

volunteers from entrepreneurial businesses.<br />

“It was great to be able to work with the homeowners in building their<br />

future home,” Rachel Walker, Marketing Manager for BroadSign said. “I<br />

hope we can continue this volunteer work and make it an annual event.”<br />

Volunteers helped with all aspects of the building process from building<br />

retaining walls to cutting and placing trim.<br />

“Trimming is much harder than it looks,” Rebecca Bailey, Foundation<br />

intern, Miami University said. “It was really rewarding to stand back at the<br />

end of the day and see the progress we made.”<br />

Dedication for the Entrepreneurial House is on September 15th at 11 a.m.<br />

The Habitat for Humanity program builds homes for low-income families<br />

through a combination of donated funds and materials and labor from<br />

both volunteers and future home owners. Once a habitat home is completed,<br />

it is sold to the family for a reasonable price and at a zero percentage<br />

interest mortgage. This program helps poor, working families to enter the<br />

mainstream economic system.<br />

The Twin Cities Habitat for Humanity has built over 600 homes in the<br />

metro area and its affiliates have built over 1,000 homes in the state of<br />

Minnesota. For more information on how you can volunteer with the<br />

Habitat for Humanity affiliate nearest you, please visit: www.habitat.org.<br />

22 :: PETTERSGROUP<br />

Joe Schmit, host of the tournament<br />

and President of Petters<br />

Group Media & Marketing;<br />

Kyle Danko, Polaroid intern;<br />

George Danko, SpringWorks;<br />

Carl Alleman, Polaroid; and Bill<br />

Popp, tournament sponsor,<br />

participated in the Joe Schmit<br />

Golf Tournament<br />

Sun Country golf cart<br />

with Sun Country<br />

Employees Pete<br />

Heunisch, Bud Fisher,<br />

Heidi Bausch, Sue<br />

Brooksbank, Marti<br />

Guetzlaff, Elizabeth Voit<br />

and another volunteer.<br />

TEE TIME<br />

FOR<br />

CHARITIES<br />

For Petters Group Worldwide,<br />

the summer was a time of warm<br />

weather and charitable giving<br />

golf tournaments in Minnesota.<br />

Employees from Petters Group<br />

supported local charities, as<br />

they played in golf tournaments<br />

to raise money for different<br />

causes.<br />

• The golf season began<br />

with the 16 th Annual Joe<br />

Schmit Golf Tournament from June 9-12, which supports the<br />

Greater Twin Cities Big Brothers Big Sisters. The tournament<br />

included a Grand Party at the Minneapolis Convention Center,<br />

a golf challenge at Hazeltine National Golf Club in Chaska,<br />

and another at Bunker Hills Golf Club in Coon Rapids. Petters<br />

Group was the presenting sponsor, providing both monetary<br />

and in-kind donations. More than $300,000 was raised in<br />

total from the annual event.<br />

• The Golf for Diabetes tournament was held on June 18 th ,<br />

which supports the Diabetes Institute for Immunology and<br />

Transplantation at the University of Minnesota Medical<br />

School. Petters Group provided support through monetary<br />

and in-kind donations.<br />

• On July 9 th , eight Petters Group employees participated in<br />

the 20<strong>07</strong> Retreat Golf Extravaganza at Rush Creek Golf Course in<br />

Maple Grove. The event raised money for The Retreat’s Guest<br />

Scholarship Fund.<br />

• The Minnesota Teen Challenge 9th Annual Golf Classic on<br />

July 20 th was held at Troy Burne Golf Club in Hudson, WI, eight<br />

employees participated in the days’ events.<br />

• To conclude the summer of golf tournaments, Sun Country<br />

Airlines held their 2nd annual Sun Country Airlines Foundation<br />

Golf Scramble to support their scholarship program. The event<br />

took place on August 1 st at Crystal Lake Golf Club, and employees<br />

from Petters Group and Polaroid participated. Over $55,000<br />

was raised through sponsorships and participant events.


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 23<br />

Donations Benefit<br />

Minnesota Schools<br />

1 2<br />

A $2 million contribution was made by Tom<br />

Petters to the St. John’s University Abbey<br />

Guesthouse for the Petters Pavilion, in<br />

Collegeville, MN. The pavilion is a 3,500<br />

square-foot expansion of the current Abbey<br />

Chapter House. The addition includes a twolevel<br />

east entrance to the abbey church, and<br />

provides space for the lobby, elevator and<br />

stairwell access to the Assumption Chapel,<br />

restrooms and storage.<br />

“Tom Petters’ generous gift to honor his<br />

parents, Fred and Rosemary Petters, was<br />

truly transformational for the Abbey,” said<br />

Abbot John Klassen. “The addition has dramatically<br />

strengthened our facilities and<br />

made it possible for us to be much more<br />

hospitable to all visitors to Saint John’s.”<br />

Petters also recently made a commitment<br />

of $5 million to the College of St. Benedict for<br />

the Thomas J. Petters Center for Global<br />

Education. His commitment will help to fund a<br />

Center Director, who will coordinate activities<br />

among the academic disciplines, study abroad<br />

programs and global business partners.<br />

“Tom’s latest testament to the mission<br />

of our college, The Thomas J. Petters Center<br />

for Global Education, will enhance student<br />

learning, strengthen faculty development,<br />

and promote the common good,” said<br />

MaryAnn Baenninger, president, College of<br />

Saint Benedict. “Center activities, will help<br />

students, faculty, and the broader community<br />

to effect change and become a positive<br />

force in the world.”<br />

[1] Petters Pavilion at the St. John’s University<br />

Abbey in Collegeville, MN. [2] Gathering area<br />

inside the Petters Pavilion.<br />

Pink Camera Campaign<br />

SUPPORTING CHARITABLE CAUSES<br />

has been an important element in<br />

Polaroid’s 70-year history. For the second<br />

year, Polaroid will kick off a pink camera<br />

campaign this Fall to create awareness for<br />

the research funded by The Breast Cancer<br />

Research Foundation (BCRF).<br />

Polaroid has pledged to donate<br />

$150,000 to BCRF over the coming year, as<br />

well as launch a series of pink cameras that<br />

will be immediately available through multiple<br />

retail channels. In addition, the campaign<br />

will include a kick-off event centered<br />

around Breast Cancer Awareness Month in<br />

October. Plans are also underway to create<br />

an online community on polaroid.com to<br />

provide a venue for survivors or family<br />

members to tell their stories and share<br />

their experience through pictures.<br />

As part of last year’s ceremony, Polaroid<br />

joined Elizabeth Hurley and The Breast<br />

Cancer Research Foundation as they lit<br />

New York City’s General Motors Plaza, the<br />

Pulitzer Fountain and Bergdorf Goodman<br />

Lanterns in pink in recognition of Breast<br />

Cancer Awareness month.<br />

The Breast Cancer Research<br />

Foundation ® was founded in 1993 by<br />

Evelyn H. Lauder, as an independent, notfor-profit<br />

501(c) (3) organization dedicated<br />

to funding innovative clinical and<br />

genetic research.<br />

For more information, visit www.bcrfcure.org<br />

or call 1.866.FIND.A.CURE.<br />

THANK YOU::<br />

Dear Petters Group,<br />

I wanted to send you a note to personally<br />

thank you for your contribution to the 5th<br />

Annual MHC Hospitality Golf Classic<br />

benefiting the Boys & Girls Clubs of the<br />

Twins Cities. Because of the generosity of<br />

individuals and companies such as yours,<br />

the contributions far<br />

exceeded our expectations<br />

and goals.<br />

— TWIN CITIES BOYS<br />

& GIRLS CLUBS<br />

Dear Tom,<br />

A heartfelt thank you to you and Petters<br />

Group for your Game Sponsorship. Your<br />

financial help will allow us to continue to<br />

provide opportunities to deserving kids.<br />

We would also like to thank you for the<br />

Polaroid digital picture frame that you<br />

provided for our auction.<br />

— EDEN PRAIRIE ABC FOUNDATION<br />

Dear Petters Group,<br />

Thank you so much for your recent<br />

gift of $5,000 to Twin Cities Habitat<br />

for Humanity. Your contribution will be<br />

put to good use right away to support<br />

the construction of more decent and<br />

affordable homes. Without the support<br />

of partners like you, none of this<br />

would be possible.<br />

— TWIN CITIES<br />

HABITAT FOR<br />

HUMANITY<br />

Dear Tom,<br />

Thank you for your donation of $20,000<br />

for the 20<strong>07</strong> Excalibur Classic. Believe me<br />

when I say this, it’s more than the money<br />

that makes a difference; it’s the fact that<br />

you take the time to come to the event<br />

means that you really care about these<br />

hospitals and the work they do with the<br />

children fighting devastating illnesses.<br />

— JOE DIMAGGIO CHILDREN’S HOSPITAL<br />

AND DUKE UNIVERSITY CHILDREN’S<br />

HOSPITAL<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 24<br />

:: CORNERSTONES<br />

Customizing<br />

Cornerstones<br />

Mary Jeffries, Petters Group Worldwide<br />

President/COO<br />

The best strategy poorly executed<br />

doesn’t mean much. Over the past<br />

few years, Petters Group Worldwide<br />

has put a lot of energy into not just developing a<br />

successful business strategy, but also in our ability<br />

to execute that strategy. You’ve heard me talk<br />

a lot about our Cornerstone approach to strategy.<br />

While it may appear seemingly simple on the<br />

surface, our Cornerstone planning model is<br />

built on four guiding principles. As these four<br />

principles come together, we’re able to bring<br />

focus and force to our business growth.<br />

I want to spend a bit of time providing a quick<br />

overview of these principles to help all of our Petters<br />

Group companies achieve a higher level of success<br />

in their business planning and performance.<br />

Let’s start with what we call the “winnable<br />

outcome.” A winnable outcome is a big picture,<br />

yet very focused goal that can be achieved within<br />

1,000 days. It is the very heart of the<br />

Cornerstone process that brings focus, a sense of<br />

purpose and a powerful rallying cry for getting<br />

our people on board. Our winnable outcome for<br />

Petters Group is “leveraging investment opportunities<br />

for exceptional value and growth”. A<br />

24 :: PETTERSGROUP<br />

simple, yet high impact outcome that guides all<br />

of our decisions.<br />

The second principle is identifying the four<br />

Cornerstones that support the winnable outcome.<br />

These are high level strategic categories<br />

that embrace everything that will need to get<br />

accomplished in order to win our outcome. It<br />

requires a lot of thought, discussion, debate and<br />

shared commitment. The four Cornerstones for<br />

Petters Group are:<br />

• Strategy<br />

• Investment process<br />

• Operational excellence<br />

• Relationship management<br />

With the winnable outcome and four<br />

Cornerstones identified, we now have in place<br />

the foundation for the 4x4 Cornerstone process<br />

and leads us to the third principle, which is<br />

identifying the four supporting initiatives for<br />

each Cornerstone. In this step, we list all of the<br />

tactical initiatives that need to be accomplished<br />

in order to achieve the Cornerstone. Oftentimes,<br />

you can end up with a list of ten or more items.<br />

But the key is focusing on those that are most<br />

critical to achievement of the Cornerstone and<br />

the winnable outcome. The challenge is narrowing<br />

that list down to the top four. Once you have<br />

accomplished that, you assign one person who<br />

takes the lead on each initiative. This is especially<br />

critical, because if you have two or more people<br />

assigned to an initiative, it increases the<br />

chances that it won’t get done. With one person,<br />

you have clear accountability.<br />

Knowing who is accountable now leads us to<br />

the fourth principle, which is developing the<br />

specific action plan – identifying the steps,<br />

dependencies, timetable and resources required.<br />

The importance of this step is that it is targeted<br />

on accomplishing the initiative, which creates a<br />

very focused work plan.<br />

I’ve tried in a few words to give you a quick<br />

overview of a very critical business process that we<br />

want to have all of our Petters Group companies<br />

follow. By taking the time up front to put all of<br />

these principles in place, you will see significant<br />

performance improvement. Most importantly, you<br />

will have a process to accomplish one of Tom’s top<br />

priorities – execution. Happy planning. PG


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26 :: PETTERSGROUP


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 27<br />

MAKING A DIFFERENCE :: John FREDERICKSEN<br />

Building Relationships<br />

Satisfying Sun Country Employees and Customers<br />

With the airline business looking gloomy lately, Sun<br />

Country is shining above the rest. John Fredericksen,<br />

Vice President & General Counsel, has proven to be<br />

one of the guiding lights in Sun Country’s latest success. He has played an<br />

important role in establishing Sun Country as a friendly and reliable airline—something<br />

uncommon among many airline carriers today. “We focus<br />

not only on affordability like many of our competitors, but on a positive<br />

travel experience. From ticket purchase to destination arrival – this is what<br />

we believe sets us apart from the rest,” Fredericksen said.<br />

Because the customers’ experience is top priority for Sun Country airlines,<br />

it is not a surprise that they are concerned with employee satisfaction<br />

and customer service as well. “From Sun Country’s meager beginnings<br />

and early struggles, there has been a ‘get it done’ attitude, coupled with a<br />

unique devotion to service amongst the employees—they understand how<br />

important their job is in our success as a company,” Fredericksen said.<br />

Fredericksen credits the people that work for Sun Country as the reason<br />

for their success. “It’s the best airline in Minnesota because of the people<br />

who work here. Everyone—from baggage handlers to flight attendants<br />

—truly has attributed to our success,” he added. As Vice President and<br />

General Council, Fredericksen is responsible for contracts and agreements,<br />

labor relations and other legal issues. He is the man behind employee<br />

satisfaction, and clearly employees and customers are satisfied.<br />

Fredericksen has 30 years of experience across the board in aviation.<br />

He started his career as a Navy pilot and after receiving his law degree at<br />

the University of Southern California, he worked for the Federal Aviation<br />

Administration in Washington, DC. In 1986 he got into airline management<br />

and later joined Mesaba Airlines, where he gained most of his experience<br />

in the airline industry. Fredericksen joined a very skilled yet struggling<br />

Sun Country management team in 2003, where he was an integral<br />

part of returning Sun Country to a profitable airline.<br />

Sun Country continues to be ranked as one of the best airlines to travel<br />

in the country. In May, Sun Country was deservingly ranked on the list<br />

JENNA GEBEKE<br />

of Top Domestic Airlines in Travel + Leisure’s 20<strong>07</strong> World’s Best Service<br />

Awards. The awards were based on a survey taken by readers that ranks<br />

travel companies based on service and attention, and all domestic carriers<br />

were eligible for the award. Sun Country Airlines is a low cost, low fare<br />

carrier based in Mendota Heights, MN, and serves 29 destinations in the<br />

United States, Mexico and Caribbean.<br />

“Our caring company culture<br />

reflects positively on our service<br />

and customer experience”<br />

—JOHN FREDERICKSEN<br />

To Fredericksen, the recent acquisition of Sun Country by Petters<br />

Group Worldwide and Whitebox Advisors has proven to be an important<br />

and strategic move for the airline. “This partnership is not only important<br />

for us financially in order to be able to continue to expand our customer<br />

offerings, but it provides us with the abilities to leverage the strengths of<br />

our investors,” Fredericksen said.<br />

When asked what he does in his spare time, he simply replied, “What<br />

spare time? There’s not a whole lot of that around here.” When he does find<br />

a moment away from his desk, he enjoys playing tennis, spending time with<br />

his family, and attending his kid’s activities. Sun Country’s successful culture<br />

is a reflection of the outstanding individuals that work there. “Dedication is<br />

found in every aspect of the company and service we provide. It is something<br />

that just is at Sun Country,” Fredericksen said. This is the common attitude<br />

that is found within Sun Country employees and is what makes the airline<br />

thrive. “Our caring company culture reflects positively on our service and<br />

customer experience—it is the driving force behind our success as a company,”<br />

Fredericksen said. PG<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:24 <strong>PM</strong> <strong>Page</strong> 28<br />

28 :: PETTERSGROUP


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 29<br />

EXECUTIVE PROFILE :: David BAER<br />

Named one of the Top 15 Lawyers<br />

in Minnesota by Minnesota<br />

Lawyer in 2006, Petters Group<br />

Worldwide Chief Legal Officer David Baer, won’t<br />

be performing disappearing acts anytime soon.<br />

During his youth, Baer was given a magic kit<br />

and soon became deeply engaged with various<br />

magic tricks. Throughout the years, he continued<br />

to pursue this hobby as he performed for<br />

crowds from 5 to 5,000.<br />

Originally from St. Paul MN.,<br />

Baer attended the University of<br />

Minnesota for his undergraduate<br />

studies, and decided to begin his<br />

legal career at William Mitchell<br />

College of Law where he graduated<br />

cum laude.<br />

“I knew I wanted to be in a<br />

career that supported and practiced<br />

continual learning,” Baer<br />

said. “I love that I am always able<br />

to learn and evolve as an individual and business<br />

professional.”<br />

Prior to joining Petters Group in 2003, Baer<br />

was an attorney at Leonard, Street and Deinard,<br />

where he practiced corporate law. As a magician<br />

turned lawyer, Baer has been able to adapt his<br />

skills of communicating effectively with others<br />

and working hard through the different programs<br />

and careers he has chosen.<br />

“David has extraordinary talent in his ability<br />

to lead and advise,” Tom Petters, Chairman and<br />

CEO of Petters Group said. “His knowledge of<br />

the field of law and international business is an<br />

invaluable resource for our company.”<br />

Many lawyers are only approached when<br />

people are already in trouble. Baer prefers to be<br />

No Hocus Pocus<br />

Legal Department Strategically Guides Development<br />

KATHERINE HARLANDER-LOCKE<br />

proactive, rather than reactive. “Many people<br />

don’t realize it, but our legal team is also here to<br />

help advise and provide support before something<br />

goes wrong,” Baer said. “We strive to identify<br />

potential issues before they arise and take a<br />

more holistic approach to advising.”<br />

As the leading member of the Petters Group<br />

Worldwide legal staff, Baer’s role encompasses<br />

many different areas including strategic development<br />

and growth in existing organizations,<br />

“Our legal team is also here to<br />

help advise and provide support<br />

before something goes wrong.”<br />

—DAVID BAER<br />

exploring and supporting new business ventures,<br />

and working with other members of the<br />

legal team to assist and maintain communication<br />

with the Petters Group portfolio companies.<br />

“I really enjoy being able to influence the<br />

direction of the companies,” Baer said. “Because<br />

my position allows me to work with most of the<br />

companies, I get to work with a lot of people who<br />

are passionate about their job and the company.”<br />

Petters Group differentiates itself with its<br />

portfolio companies, and this requires individuals<br />

to evolve traditional roles to fit the needs of<br />

the organization.<br />

“David has done a phenomenal job of<br />

applying his knowledge and experience to<br />

assist our companies meet the challenges and<br />

opportunities facing them, all in an effort to<br />

helping them achieve their business objectives,”<br />

Michael Phelps, Deputy Chief Legal<br />

Officer, Petters Group said.<br />

Working as a team and maintaining communication<br />

is an important aspect of Baer’s job and<br />

the collective legal department. As a group, Baer<br />

and his peers are continually identifying how to<br />

improve their quality of assistance and effectiveness<br />

of their department.<br />

“I have the honor and<br />

privilege of working with one<br />

of the most skilled and talented<br />

legal teams of any company<br />

or law firm – without them,<br />

we could not operate as well<br />

as we do,” Baer said.<br />

“However, we consistently<br />

look for ways we can improve<br />

as a team and as a company.<br />

With a busy schedule like<br />

Baer’s, it can be hard to find down-time. But with<br />

the ability to juggle work and family, he makes<br />

the most of his free time by traveling with his<br />

wife Naomi, downhill and water skiing, cooking<br />

and entertaining, and listening to music. In July,<br />

Baer and his wife traveled to Israel for two weeks<br />

where they toured the city of Jerusalem, visited<br />

the Holocaust museum and memorial, and<br />

swam in the Dead Sea.<br />

After all that Baer has achieved, life is not<br />

slowing down as he is currently finishing an<br />

MBA at the University of St. Thomas.<br />

“Law is a field of continual learning,” Baer<br />

said. “I am excited to see how I will be able to<br />

apply this knowledge and experience to the<br />

growth and success of Petters Group.” PG<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 30<br />

:: WHERE IN THE WORLD IS TOM? June 29-July 7<br />

FRIDAY, JUNE 29TH<br />

Tom headed west to Colorado to work on finalizing plans to build<br />

a 5 star resort hotel at Keystone, CO. This is a project the team at<br />

Petters Real Estate Group has been working on.<br />

MONDAY, JULY 2ND – WEDNESDAY, JULY 4TH<br />

While in Colorado, friends joined Tom for an early birthday and<br />

Fourth of July celebration.<br />

THURSDAY, JULY 5TH<br />

Tom flew back to the Minnesota office for meetings to finalize<br />

plans for the John T. Petters Foundation Legacy Gala and set up<br />

initiatives for a trip to Japan later in the month. It took him until<br />

30 :: PETTERSGROUP<br />

�����������<br />

As a man who is constantly on<br />

�����������<br />

the move, Tom Petters is often asked,<br />

�����������<br />

“Where in the world are you?”<br />

�����������<br />

This is a little snapshot of one of Tom’s weeks.<br />

1957 was the year the classic ’57 Chevy was created, General Mills introduced TANG, Barry Gordy founded “Motown Records”<br />

and Tom Petters born. As a man on the go he worked his 50th birthday celebrations into his work travel schedule.<br />

early into the morning of the 6th to catch up on his 500+ emails<br />

in his inbox.<br />

FRIDAY, JULY 6TH<br />

Another scorching day in Minnesota left Tom wondering how it<br />

could be cooler at his Florida house than Minnesota. After a morning<br />

of meetings, he set off for New York to meet up with his daughter<br />

Jennifer who was there for her summer internship with People<br />

Magazine. That evening they celebrated her birthday.<br />

SATURDAY, JULY 7TH<br />

To celebrate their birthdays Tom and Jennifer left with a few<br />

friends for a week in Greece. Happy 50th Tom! PG


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<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 32<br />

:: THE LEARNING CENTER Polaroid re-training<br />

Front row: Dick Graff, Peter Gatti, Donovan<br />

English, Dennis Maher, Brian Quinn<br />

2nd row: Dave MacDonald, Steve Hobbs, John<br />

Figliolini, Paul Levesque, Joe Bayles<br />

3rd row: Phil MacDonald, Al Doane, Gerry<br />

Urquhart,Rob Fraser, Cat Smith, George Cairns<br />

Back row: Rick Elmer of BMS, Don Berry, Bob<br />

Ottaviano, George Sealey, Mark Knowles<br />

Finding The Next Job<br />

Polaroid’s Chemical Operation Solution<br />

WRITTEN BY PENNY LOCEY<br />

By Polaroid moving further into the digital and consumer electronics<br />

markets this meant that the Chemical Operations plant in<br />

Waltham would be closing, the Learning Center, Human<br />

Resources (HR) and line leadership responded. Unlike traditional outplacement<br />

programs which begin after employees leave, Polaroid implemented<br />

several creative ideas to assist employees in preparing for their future, prior<br />

to leaving. Having time to consider their career options, understand their<br />

skills and financial situation, and getting skilled in conducting their job<br />

search effectively, helped employees and their managers begin to adjust to<br />

the impending change.<br />

However, an important theme emerged in these sessions: many people<br />

wanted to get hired into one of Massachusetts’ main growth industries –<br />

biotechnology – and were blocked because it is difficult to enter from the<br />

outside due to specialized requirements.<br />

32 :: PETTERSGROUP<br />

Bill Allen, Process Engineering Manager from Chemical Operations,<br />

who had been working hard to find ways to get his people into jobs, had a<br />

breakthrough in a casual conversation with a member of the ISPE<br />

(International Society of Pharmaceutical Engineering). He heard that<br />

industry professionals were complaining about the lack of manufacturing<br />

experience in the new graduates they were hiring. “It was such a great<br />

opportunity to provide our operators a smooth transition into the<br />

biotech field using what seemed to us to be very transferable skills, we<br />

had to pursue it,” Allen said.<br />

Seizing the potential opportunity, Allen turned to the Learning Center<br />

who teamed with Joe Labenski, Plant Director, and Polaroid’s HR team to<br />

quickly assess the skills resident in the plant, and scope the needs and<br />

research existing programs. A timeline was created to help retrain the<br />

employees using innovative programs, which aided in finding resources,


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 33<br />

The second program members (not in order): Toni Andrade, Leonard Barrieau, Dennis Bawn,<br />

Arcay Blake, John Boudrow, Mark Caso, Diane Cerra, Dennis Dost, Michael Gogos, Nelson<br />

Horton, Martin Leandro, Stephen Mcfadries, Paul Mello, Damas Moreau, Keith Saxon, Roger<br />

Shepherd, Kevin Sinclair<br />

connections and industry credibility.<br />

Partnering with Worcester Polytechnic<br />

Institute (WPI), a leader in life sciences and bioengineering<br />

education, resulted in a two part<br />

program design: a two day briefing on FDA regulations<br />

and the manufacturing standards and<br />

practices required of the industry for fifty attendees<br />

and a smaller, five week Fundamentals in<br />

Biotech Manufacturing program to give them<br />

the real experience needed for entry.<br />

Simultaneously, the Learning Center formed a<br />

partnership with the Massachusetts Division of<br />

Career Services’ Rapid Response team and One<br />

Stop Career Centers to obtain a grant to fund the<br />

program – expanded ultimately to a $130,000<br />

grant when the program was renewed for a second<br />

round in July.<br />

Twenty members attended the first unique<br />

five-week, laboratory based core program -<br />

taught by both working managers in major<br />

biotech companies such Abbott, Genzyme,<br />

Lonza and Bristol Myers Squibb and by key WPI<br />

faculty. The intensive program combines essential<br />

technical skills with the hands-on experience<br />

in an environment that simulated the controlled<br />

activities critical for success in FDA regulated<br />

environments. “Having working managers<br />

as teachers has been an important key.<br />

They have a vested interest in providing both<br />

practical application of the biotech skills needed<br />

for real jobs, and helping the participants make<br />

connections and get hired in the industry,” said<br />

Penny Locey, Director, Learning & Org<br />

Development for Petters Group and Polaroid.<br />

In fact, the program positioned the graduates<br />

so well that by the close of the progrm, most of<br />

the initial attendees who had new jobs before or<br />

soon after their exit. This convinced the state to<br />

fund round two in July. Participants of the program<br />

are from Polaroid and a former Polaroid<br />

plant that had become Multilayer Coating in New<br />

Bedford, MA, who had recently also lost workers.<br />

“Polaroid was a model partner with us. Their<br />

leadership opened the doors of their Waltham<br />

plant so we could provide services to their<br />

employees. They really took the initiative by<br />

assessing what skills those workers had and linking<br />

them to opportunities in biotech - a growing,<br />

high-wage industry”, said Ken Messina, the<br />

Manager of Rapid Response Services, which is<br />

part of the Massachusetts Executive Office of<br />

Labor and Workforce Development.<br />

The Massachusetts Rapid Response team<br />

has 20 years of experience working with<br />

employers in transition to either avert downsizing,<br />

or mitigate its effects; the combination of<br />

getting set aside funding for a skill training program.<br />

“Helping the affected workers jumpstart<br />

Polaroid was<br />

a model partner<br />

by linking their<br />

employees<br />

into new<br />

opportunities.”<br />

—KEN MESSINA<br />

their job search, plus understand their community<br />

resources like area One-Stop Career Centers<br />

was highly effective,” Messina said. “Working<br />

together with Polaroid and WPI, just under 80%<br />

of those workers have either been hired, or<br />

received commitments to be hired.<br />

Polaroid served as a model of the kind of<br />

relationship we’re working to replicate in the<br />

future, serving companies as they grow as well<br />

as when they restructure,” he added. The program<br />

is viewed as a model for the state, and the<br />

Massachusetts Biotechnology Council has invited<br />

Messina and Locey to speak at an upcoming<br />

statewide council meeting.<br />

As important as their obtaining new positions,<br />

Locey said, has been the change evident<br />

in the graduates themselves. “When I attended<br />

the graduation ceremony,<br />

these people<br />

were energized. They<br />

had completed a<br />

demanding program,<br />

they knew it and<br />

were proud of themselves;<br />

they were<br />

more confident and<br />

hopeful about their<br />

future. That’s learning<br />

at its best!” PG<br />

Penny Locey<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 34<br />

:: FEATURE inside glance<br />

34 :: PETTERSGROUP<br />

Camille Chee-Awai<br />

Cash or<br />

Credit<br />

Petters Capital Supporting Growth<br />

KATHERINE HARLANDER-LOCKE<br />

The world of Petters Capital and its customers,<br />

namely Petters Group portfolio companies,<br />

evolve around hedge funds, investment banks,<br />

venture capital, lease financing, mezzanine debt, convertible<br />

debt, warrants, assets, capital structure. Sounds pretty simple,<br />

right? Essentially yes, if you’re Camille Chee-Awai, Kevin<br />

Riedl or Vince Fusco – all members of the Petters Capital’s<br />

team. Established in November of 2004 and later restructured<br />

in October 2006, Petters Capital operates as a nimble merchant<br />

bank to support the growing and sophisticated global<br />

financial activities and funding requirements of Petters Group<br />

Worldwide and its portfolio companies.<br />

“By allowing us to attend to the portfolio company’s<br />

finance needs, the operating management is able to focus on<br />

the execution of their business plan,” Riedl said. Initially,<br />

funds for Petters Capital came from Tom Petters, but over the<br />

last year, through investments from third party banks and<br />

high net worth individuals, Petters Capital has assisted to<br />

accommodate the launch and financial growth of several<br />

portfolio companies.<br />

Why are outside investors interested in investing in a privately<br />

held company such as Petters Capital? “We offer a<br />

unique and appealing investment opportunity for<br />

lenders/investors to diversify their portfolio across many sectors<br />

through our actively managed investment program to<br />

individual companies within Petters Group,” Chee-Awai said.<br />

“With our extensive management experience in capital markets,<br />

debt underwriting and creative structuring, we have been<br />

able to present a captive finance platform that is compelling to<br />

the financial community. We deploy world-class underwriting<br />

standards to properly structure our investments and acutely<br />

monitor our portfolio to ensure that there are no surprises.”<br />

While the three members of the Petters Capital team work<br />

closely together to ensure efficiency and results, all offer a<br />

very diverse background to Petters Capital. Chee-Awai started<br />

her finance career at the World Bank, and during the<br />

course of 17 years has functioned in multiple capacities at GE


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Capital, CEA, a private equity focused on communications<br />

and media and EIM, a hedge fund,<br />

which she co-administered. She also speaks several<br />

languages including Spanish, French,<br />

Portuguese and is learning Mandarin.<br />

As Finance Director for Petters Capital, Riedl<br />

spearheads the underwriting, analysis and monitoring<br />

of portfolio transactions and the portfolio<br />

administration functions. Prior to joining Petters<br />

Group, Riedl was the Senior Manager of Business<br />

Planning and Analysis at Deluxe Corporation. He<br />

has also worked as Senior Operations Analyst at<br />

Northwest Airlines and as Manager of Financial<br />

Planning and Analysis at Rollerblade, Inc.<br />

Fusco is currently Senior Financial Analyst<br />

for Petters Capital, where he utilizes his valuation,<br />

strategic consulting and investment banking<br />

experience to evaluate investment opportunities<br />

(including equity, tax lease structures and<br />

structured debt) in a wide variety of industries.<br />

Fusco started his career in finance at Manchester<br />

Kevin Riedl and Vince Fusco<br />

Petters Capital focuses on finance<br />

needs allowing businesses to focus<br />

on their business plan.<br />

Companies as a Strategic Consultant and later as<br />

Vice President. He went on to serve as an analyst<br />

at ING Investment Management, and as Manager<br />

of Mergers and Acquisitions at Pentair, Inc.<br />

The main goal of Petters Capital is to reach<br />

out to Petters Group portfolio companies to<br />

understand their business plans and funding<br />

needs to connect them with appropriate funding<br />

sources. “The first time I talk to a portfolio company,<br />

I want to understand their objectives and<br />

how we may be able to either fund them directly<br />

or offer them various financing options from<br />

independent pools of capital,” Chee-Awai said.<br />

Ultimately, the objective of Petters Capital is to<br />

first understand the short and long-term goals of<br />

their customers, the Petters Group portfolio companies,<br />

then to assist in devising the appropriate<br />

capital structure and funding program to allow<br />

them to execute their business plan.<br />

When we needed funding for our launch,<br />

having Petters Capital as a partner helped give<br />

focus to our strategy,” said Dan Lagermeier, CFO<br />

of Petters Consumer Brands (PCB). “They ask the<br />

tough questions that we needed to think<br />

through.” Petters Capital has also worked closely<br />

with Petters Aviation to provide financing.<br />

However, funding directly from Petters<br />

Capital is not a guarantee for Petters Group<br />

Worldwide portfolio companies. If a path for<br />

repayment is not clearly defined, financing will<br />

not be underwritten and approved. “We are<br />

looking out for Tom Petters’ interests as well as<br />

our outside investors,” Fusco said.<br />

Procuring financing for a private company<br />

can be challenging, given various market dynamics.<br />

“However, in the current environment, there<br />

is significant liquidity and there is a lot of capital<br />

which cannot find a home,” Chee-Awai said.<br />

Petters Capital is working diligently to establish<br />

relationships with various funding sources to<br />

provide an understanding of the Petters Group’s<br />

portfolio to potential investors and lenders with<br />

the long term goal of connecting these portfolio<br />

companies with cost-effective capital. Currently,<br />

Petters Capital is focusing on providing debt<br />

financing to the Petters Group portfolio companies,<br />

rather than equity financing.<br />

“Petters Group has a unique relationship<br />

with Petters Capital in that we can openly discuss<br />

the vision for not only the portfolio companies,<br />

but also for the broader Petters Group,”<br />

Mary Jeffries, President/COO of Petters Group<br />

said. “This closeness allows for solid long-term<br />

planning to occur.”<br />

Petters Group continues to grow and diversify<br />

its portfolio of companies. Connecting Petters<br />

Capital with these companies will assist in establishing<br />

the appropriate platform to obtain capital<br />

required for their growth and success.<br />

“We are here to build relationships and help<br />

connect-the-dots with the financing needs of<br />

Petters Group companies,” Chee-Awai said. PG<br />

For more information email<br />

camille.cheeawai@pettersgroup.com<br />

FALL 20<strong>07</strong>


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COVER STORY :: JUICE MEDIA<br />

36 :: PETTERSGROUP


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 37<br />

BY Katherine Harlander-Locke PHOTO Todd Buchanan<br />

Database<br />

MINING<br />

Developing personalized communication plans<br />

Founded in late 2005, no one could have predicted the<br />

path Juice Media Worldwide would take. Initially<br />

founded as a media and marketing company, they<br />

focused on building web sites and creating online video<br />

using green screens. Like many companies, Juice Media<br />

continually evolved from customer feedback, market<br />

trends and the need for new technology. Now in its<br />

second phase, they have developed innovative<br />

technology and become a software and media company<br />

focused on the creation, implementation, and<br />

execution of their proprietary next generation,<br />

customer interaction solutions.<br />

“One of our strengths at Juice Media is that we<br />

breed innovation and co-creation,” Rick Enrico,<br />

CEO of Juice Media said. “We recognize the needs<br />

of customers, and we are devoted to building tools<br />

they can use to maximize real-time customer<br />

information to propel revenue in their business.”<br />

JuiceMetrIQs – the company’s newest<br />

development, is a Customer Relationship<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 38<br />

COVER STORY :: JUICE MEDIA<br />

“<br />

Improve the<br />

customers’<br />

experience by<br />

knowing exactly<br />

what the<br />

customer want.”<br />

—RICK ENRICO<br />

38 :: PETTERSGROUP<br />

Management 2.0 (CRM 2.0) solution for businesses. The software<br />

application is used to extract data from multiple databases and customer<br />

interaction points, within a corporate environment, to analyze real-time<br />

information.<br />

Combined into one dashboard, businesses have the ability to build individual<br />

customer profiles, which are then compiled into customer marketing<br />

segments. Personalized communication campaigns such as e-mail, are driven<br />

through JuiceMetrIQs to the customer. JuiceMetrIQs then tracks all success<br />

and revenue through the campaigns. As the communication market<br />

evolves, JuiceMetrIQs is continually adding forms of media and marketing<br />

channels, both online and offline.<br />

Around the globe, smart companies are now adopting this new CRM 2.0<br />

paradigm. They have recognized the importance of making the sales and<br />

marketing process a two-way, interactive dialog by using user groups, social<br />

networks, message boards, blogs, web 2.0 application, and video sharing.<br />

The companies are able to personalize these through personal pages, RSS,<br />

social filters. They are making it on demand through mobile web, mobile<br />

applications, SMS, podcasting, and streaming video.<br />

“Petters Group Worldwide has a history in seeing the future in new technologies,”<br />

Tom Petters, Chairman and CEO of Petters Group Worldwide<br />

said. “Our investment in Juice Media brought them into the portfolio companies<br />

to develop relationships within our organizations.”<br />

Juice Media has already started to work with Sun Country Airlines and<br />

YFly.<br />

Using the new CRM 2.0 software, Sun Country Airlines has been able to<br />

improve their customers’ experience by knowing exactly what their customers<br />

want, before they even tell them. Through JuiceMetrIQs, data is com-


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 39<br />

JuiceMetrIQ’s CRM 2.0 dashboard<br />

piled automatically from several databases. The airline then monitors<br />

through online dashboards, how prospects and customers interact with their<br />

web site, email campaigns, Google campaigns, and landing pages.<br />

By combining these analytics with their flight and reservation information,<br />

purchase history, and Affinity Program, Sun Country has the ability to<br />

create a series targeted communications to increase overall customer satisfaction<br />

and return customers.<br />

“This technology allows us to better understand our customers and their<br />

needs,” Wendy Williams Blackshaw, Vice President of Marketing said. “It<br />

also provides us with the platform to market to the public accordingly.”<br />

The entertainment-based social network YFly.com, is also implementing<br />

the software to improve interactions with their customers and to track user<br />

interactions. YFly is using CRM 2.0 to shift their measure of success from<br />

one that is solely based on the number of connections to gathering quantitative<br />

data on how members are using their social network.<br />

The user-generated profile is the cornerstone of any social network. All<br />

the text, images, videos, music, quizzes, and, surveys that subscribers<br />

choose to display, allow them to go beyond connecting with immediate<br />

friends and family, and join others in cyber space who share similar interests<br />

and expressions. YFly, with an interface rich in entertainment and multimedia,<br />

was an ideal candidate for JuiceMetrIQs.<br />

As the company has evolved, so have the culture and employees of Juice<br />

Media. “We have the mindset for success, and that, combined with creativity<br />

creates opportunity,” Enrico said.<br />

Turning opportunity into success in the media and software industry has<br />

also been supported by the strong leadership team of Enrico, Mark<br />

Brogowicz, Chief Technology Officer, and the recent addition of Mark<br />

Stumm as Vice President of Product Management.<br />

“We are delighted to have such a seasoned software veteran join the Juice<br />

Media team. He brings a wealth of experience in senior level leadership,<br />

strategic planning, product management, and marketing,” Enrico said. “I am<br />

confident in his abilities to guide our product offering as we grow.” PG<br />

For more information visit juiecemtriqs.com or emailrenrico@juicemedia.com<br />

Juice Media Worldwide continues to devote its<br />

efforts to be the leader in marketing software applications.<br />

“Our goal is to build a worldwide company<br />

that provides the highest level of customer, employee<br />

and community success,” said Enrico.<br />

CASE STUDY:<br />

SUN COUNTRY AIRLINES<br />

SUMMARY:<br />

Viewing their database as an oil field of opportunity,<br />

Sun Country Airlines is working with Juice<br />

Media to mine their database as well as break<br />

apart their marketing campaigns in order to create<br />

a series of highly-effective targeted campaigns<br />

throughout multiple marketing channels.<br />

JUICE SOLUTION:<br />

Juice Media’s communicate, track, refine and<br />

repeat process combines advanced analytic capabilities<br />

with diverse team member insight ranging<br />

from programming and database management to<br />

media, marketing, and advertising. By effectively<br />

combining and enhancing their current sales, marketing,<br />

and data systems, JuiceMetrIQs also<br />

allows Sun Country to mine their data sources as<br />

well as track specifically which elements within<br />

their marketing campaigns are driving the revenue.<br />

Viewing “Success as a Cycle,” Juice Media works<br />

as an extension of Sun Country’s internal divisions<br />

providing valuable insight into developing and<br />

optimizing their multi-channel campaigns.<br />

SUCCESS STORY:<br />

Unwilling to compromise “your inalienable right to<br />

enjoy air travel,” Sun Country continually seeks to<br />

improve their flight experience by knowing exactly<br />

what their customers want – even before they tell<br />

them. The airline keeps tabs on of how prospects<br />

and customers are interacting with their web site,<br />

emails, Google campaigns, landing pages, as well<br />

as several offline advertising channels.<br />

By combining these analytics with their flight<br />

and reservation information, purchase history, and<br />

Affinity Program, Sun Country has earned the reputation<br />

of a true database marketer. With data<br />

mining and analytics under control, Sun Country is<br />

looking to Juice Media’s Marketing Automation<br />

services to distribute their newly created campaigns<br />

– stay tuned.<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 40<br />

:: CORNERSTONES Relationship Management<br />

Interns at the Chairman's Party<br />

networking with managers and<br />

Petters Group executives.<br />

Relationship Management <strong>10</strong>1<br />

for Summer Interns<br />

WRITTEN BY KATHERINE HARLANDER-LOCKE AND CHRISTINE ORTENZIO<br />

In any position, company, or career field, it’s<br />

always been said: “It’s not what you know, but<br />

who you know.” As holds true at Petters<br />

Group Worldwide, developing and sustaining<br />

strong relationships among the portfolio companies<br />

is critical to efficient operation and the ability<br />

to meet strategic goals.<br />

In developing relationships, internships play<br />

an important role in bringing outside experience<br />

to the companies, as well as allowing students to<br />

network with business professionals.<br />

“We put a lot of work into ensuring that<br />

interns have a chance to interact with people from<br />

around the company through various activities<br />

and learning opportunities,” Patricia Hamm, EVP<br />

of Human Capital and Learning Group said.<br />

This summer, Petters Group had 34 interns<br />

from 16 schools, working within the various companies,<br />

including Sun Country Airlines. The<br />

internship experience began quickly as the stu-<br />

40 :: PETTERSGROUP<br />

dents became acquainted with who is who and<br />

who does what, and took the opportunity to get to<br />

know their manager who would serve as a mentor<br />

and key resource.<br />

Throughout the companies, working as a team<br />

is a critical component in creating results. For<br />

interns, weekly meetings became a helpful way to<br />

interact with other members of their department,<br />

and learn more about the projects and responsibilities<br />

of different positions and roles within the<br />

Petters Group structure.<br />

Over the course of the summer, events were<br />

planned to further build relationships among<br />

intern and managers. In Minnetonka, some of<br />

these events included a Chairman’s Welcome<br />

Dinner held at Tom Petters’ home, a Twins game,<br />

a BBQ and volleyball tournament, and a end-ofthe-summer<br />

celebration on Lake Minnetonka.<br />

These events were deemed to be beneficial, as they<br />

allowed the interns to interact with managers or<br />

I just want to personally say thanks<br />

again for all your help & support.<br />

Robbie has had a fantastic summer.<br />

He speaks highly of all his peers and<br />

how exciting the daily work environment<br />

really is to be a part of. Robbie<br />

has developed some really neat<br />

friendships with this network of<br />

smart and talented kids from all over<br />

the country. Please pass along to<br />

Tom – our family’s thanks for offering<br />

such a marvelous, positive intern<br />

program. A parent’s reward is to see<br />

your son so engaged and excited<br />

about what’s ahead for their career.<br />

Robb Leer, father of Robbie Leer,<br />

Petters Group Intern – Finance Dept.


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/<strong>10</strong>/<strong>07</strong> 3:55 <strong>PM</strong> <strong>Page</strong> 41<br />

A trip to New York City to experience a<br />

Sun Country flight was one of the adventures<br />

for the interns and select employees.<br />

executives from around the companies.<br />

“The events this summer were a great way to<br />

network and get to know other interns and<br />

employees outside of the work setting,” Ana Maia,<br />

Polaroid operations summer intern, from Rollins<br />

College said.<br />

For the Boston summer interns, events<br />

included a harbor cruise, a lunch with Polaroid<br />

President Thomas Beaudoin, and a Red Sox<br />

baseball game.<br />

Another education tool used within the<br />

Petters Group internship program was learning<br />

lunches and career panel, which allowed students<br />

to hear presentations from top business executives.<br />

These lunches also allowed students to discuss<br />

current issues within the various fields of<br />

international business.<br />

“I really enjoyed being able to hear about different<br />

people’s experience, and about all of the<br />

opportunities within the various fields of business,”<br />

Jason Dehler, Petters Group summer intern,<br />

from Gustavus Adolphus College said.<br />

An important aspect of networking and<br />

strengthening professional relationships is the<br />

ability to cooperatively work as a team to achieve<br />

The “Hamm Pattys” volleyball team:<br />

Jenna Gebeke, Jake Burns, Patty<br />

Hamm, Sarah Skytte, Jason Dehler,<br />

Matina Ploumidis and Carter Taylor<br />

Networking opportunities have helped<br />

interns form critical relationships<br />

specific goals. For the Polaroid summer interns,<br />

this meant collectively working to assess the current<br />

Polaroid brand.<br />

Throughout the summer, the interns compared,<br />

analyzed and evaluated the user experience<br />

of Polaroid products against its competitors’.<br />

Bringing experience from the areas of marketing,<br />

sales, inventory, engineering, product<br />

testing, customer service and product development,<br />

the interns were able to combine their<br />

knowledge of each product category and the<br />

company in making recommendations as to how<br />

the brand can expand and continue to compete<br />

successfully in the current and future consumer<br />

electronic market.<br />

“We are learning what we do not know, from<br />

great young minds. This is one way we really<br />

explore how to get better everyday. No one every<br />

said these kids ‘can’t do that - tried that before,’”<br />

Tom Petters, CEO of Petters Group said.<br />

As the internship experience winds down, the<br />

students start to look to the future in regards to<br />

what to do and where to work. At Petters Group,<br />

some of the past interns have come back as fulltime<br />

employees after graduation. Currently, 11<br />

employees with the Petters Group portfolio of<br />

companies were once interns.<br />

“I recognized the opportunities that would<br />

be available to me by coming back to work at<br />

Petters Consumer Brands,” Annie Karsh,<br />

Product Manager, Petters Consumer Brands<br />

said. “I knew that I would experience a wide<br />

variety of responsibilities that would allow me to<br />

expand my business knowledge very quickly –<br />

that has definitely been the case.”<br />

Many of these employees also find that<br />

their networking opportunities as interns<br />

helped them form critical relationships that<br />

allowed them to take advantage of the opportunities<br />

at Petters Group.<br />

“I knew that I wanted to come back,”Mike<br />

Smith, Operations Analyst, Polaroid said. “I kept<br />

in close contact with people at Petters Group<br />

while I was finishing up my last year of school.”<br />

As the company continues to expand, more<br />

interns are welcomed each year into the Petters<br />

Group Worldwide community.<br />

“We are always excited when past interns<br />

decide to come back and work for us full-time,”<br />

Hamm said. “The background knowledge and<br />

experience acquired through their internship at<br />

Petters Group is an invaluable resource for us and<br />

our success.” PG For more information on<br />

internships email amy.waara@pettersgroup.com<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 42<br />

:: VALUES innovation<br />

Let Your Fingers<br />

Do the Talking<br />

Changing the Future of Authentication<br />

JENNA GEBEKE<br />

With the tragedy of 9/11 and the rise<br />

in identity theft becoming a problem<br />

within the last few years, security<br />

and personal authentication has become a<br />

focus for many. Password protected accounts, ID<br />

and security access cards, however, are not always<br />

guaranteed security, and can be easily hacked,<br />

forged or stolen. So how do we truly match the<br />

identity of a person? While DNA is one way to<br />

determine a person’s identity – it is through the<br />

use of biometrics, specifically fingerprinting, that<br />

Fidelica is using innovative technology to change<br />

the world of authentication.<br />

Founded in 1999 by S. K. Ganapathi,<br />

Fidelica’s main focus was taking a new blend of<br />

non-silicon materials and processes to make revolutionary<br />

finger print sensors. The company’s<br />

first major milestone came in 2002 when they<br />

became the first company to produce glass based<br />

finger print sensors.<br />

Fidelica’s finger print sensors are based on<br />

pressure sensing – unlike other players in the<br />

field, they take finger prints in a similar way as the<br />

old ink and roll method, where the sensors detect<br />

the different grooves of each fingerprint electronically<br />

for identification. Soon after the development<br />

of the glass sensor, customers began to<br />

implement their sensors into smaller, more<br />

portable devices. Recognizing this applicable<br />

trend, Fidelica decided to expand their options.<br />

In 2004, Fidelica developed a flexible plastic<br />

sensor that is inexpensive and available for practical<br />

wide spread use. It wasn’t until 2006 though,<br />

that the company saw itself expand. They had<br />

finally developed and shipped the first completely<br />

biometric system imbedded on a card. This system<br />

included the complete capability of taking an<br />

image and processing it directly on the card.<br />

42 :: PETTERSGROUP<br />

Bob Allen<br />

“Even though we had developed other fingerprint<br />

sensors before this one, it was through the development<br />

of this unique wireless and completely<br />

automatic system that doors started to open,” said<br />

Bob Allen, Vice President of Marketing and<br />

Business Development.<br />

After the exciting development of the completely<br />

embedded biometric system, Fidelica realized<br />

that they still needed a way to power the<br />

cards with wireless in-card technology. “We realized<br />

with this innovative technology we needed a<br />

partner that would make powering our technology<br />

both continuous and convenient for the user,”<br />

Allen said. This is where their relationship with<br />

Infinite Power Solutions (IPS), another Petters<br />

Group portfolio company, began.<br />

With the need for a small battery to run their<br />

fingerprinting system, and IPS’s ability to produce<br />

the LiTE*STAR battery that is rechargeable and<br />

long-life reliable, an important partnership was<br />

formed. “We are very fortunate to have such a<br />

unique relationship with IPS. Their battery and<br />

continuously improving technology has advanced<br />

A sample of a Fidelica ID<br />

card. The flexibility of the<br />

sensor allows it to have<br />

multiple uses. The ridges<br />

and grooves of a fingerprint<br />

trigger the sensors<br />

our fingerprinting system greatly,” Allen said.<br />

What if the battery dies? One of the most<br />

important features in the IPS battery used for<br />

Fidelica’s finger printing system, is its ability to be<br />

recharged. “This type of battery was absolutely<br />

necessary to power our card, because it allows the<br />

system to remain both lifelong and simple without<br />

taking away from its efficiency,” said Allen.<br />

Fidelica’s pioneering effort in the authentication<br />

industry has infinite possibilities for application.<br />

It not only has the potential to be used for<br />

security access systems, but also may be used for<br />

safety features, anti-theft applications, and to tie<br />

people to their credentials. When asked what<br />

Fidelica does exactly Bob Allen likes to explain<br />

that “essentially we’re a ‘switch company,’ meaning<br />

that our product is like a switch – a very intelligent<br />

switch. If you are who you say you are and want<br />

authorization to whatever it may be the switch<br />

turns on, and if you are not who you say you are it<br />

turns off and use is denied.” This is a very simple<br />

explanation for such easy to use yet complex technology.<br />

“The future of security and authentication<br />

is in biometrics, and our product allows for the<br />

application of these to be limitless,” Allen said.<br />

Some of its many possible uses: As a safety feature,<br />

fingerprint sensors may be used on appliances<br />

that are deemed dangerous, thus insuring<br />

that children would not be able to turn on or use<br />

the product. As an anti-theft application, it may be<br />

available to put on houses or cars, limiting<br />

entrance or ability to access/use a system. As an<br />

authentication system that ties people to their credentials,<br />

the fingerprinting system is available for<br />

use on personal ID’s, driver’s licenses, passports,<br />

credit and entitlement cards. PG<br />

For more information visit fidelica.com or<br />

infinitepowersolutions.com.


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 43<br />

:: VALUES caring<br />

Ihave often humored at the myth that<br />

“cracking your knuckles will cause<br />

arthritis and give you big joints”. My<br />

first week of medical training at Logan College<br />

of Chiropractic in St. Louis was liberating. I<br />

always wanted to know if what my mother said<br />

to my brother at the piano was true. “Don’t do<br />

that, you’ll get big knuckles.”<br />

Mother wasn’t correct – cracking your knuckles<br />

does neither one nor the other. The sound of<br />

stretching tissue (ligaments and muscle), which<br />

has contracted or shortened from injury or repetitive<br />

strain, is a release of fibrous adhesions.<br />

Scar tissue or collagen fibrin holds tight and<br />

strengthens our body as a healing and protection<br />

reaction from trauma and stresses to that tissue.<br />

That’s why a cracking sound or “release” is<br />

heard in bone joints when people stand up, bend<br />

backwards, turn a head or stretch hands.<br />

Chiropractors also stretch such tissue.<br />

Similar sounds are “heard” (felt, more accurately)<br />

when a patient gets adjusted, or in chiropractic<br />

lingo, “aligned”. Releasing or “cracking” your<br />

joints is actually not a bad thing. It frees up joint<br />

fixation that is your body’s natural healing<br />

process from trauma or a degenerative arthritis<br />

reaction to overuse, strain and imbalance of<br />

Body,<br />

Balance and<br />

Symmetry<br />

Setting the record straight –<br />

it’ll crack you up<br />

DR. JAMES MELLIN<br />

body symmetry and alignment from repetitive<br />

strain or sitting with poor posture.<br />

Have you ever sat at the computer with a<br />

phone on your shoulder, hunched over, and<br />

thought that after a while you looked like a question<br />

mark? The answer to the question mark<br />

positioning of your body is that you lean back in<br />

your chair and take a break by looking the other<br />

direction and hear your body let loose. That is<br />

the way we as humans were designed. Practicing<br />

better posture will prevent joint fixation arthritis.<br />

This principle can be applied to every joint<br />

and muscle, ligament, tendon and fascia of your<br />

body to prevent collagen/scar tissue from fusing<br />

joints together. Releasing your joints and tissue<br />

does slow, stop, and return to normal, old<br />

injuries and repetitive strain that our bodies<br />

endure each day through routine movements<br />

and tasks. This is the degenerative joint disease<br />

arthritis that we are all prone to.<br />

This isn’t the individual having a “senior<br />

moment”. Even children and babies can make<br />

cracking sounds in their backs. Releasing can<br />

happen as infants and children are removed<br />

from a car seat or stroller. At any age it’s healthy<br />

to realign your spine and joints to promote balance<br />

even though you may or may not hear it as<br />

the joints relocate and the tissue stretches back<br />

to its normal elasticity.<br />

Something to take home with you:<br />

I was inspired by Tom Petters’ life-size boxing<br />

statue of Mohammed Ali that is at the company’s<br />

headquarters. Here are some knockout tips that<br />

are easy to remember by thinking of TKO.<br />

T- Is the shape you should be in? Stretch<br />

while sitting in your chair or even better, lay on<br />

a bed or the floor, then stretch your arms out like<br />

a “T”. Look up and then left and right. Hold that<br />

position to relieve the strain of bad posture.<br />

Repeat 3-5 times for 5-<strong>10</strong> seconds each time.<br />

K-While still lying down, bring a leg over to<br />

the opposite side and reach over with your arm.<br />

Then do the same to the other side. Do this 3-5<br />

times for <strong>10</strong> seconds.<br />

O-Still lying down, keep you feet together<br />

and lace your hands behind your head and bend<br />

side to side. Bring your feet together and bend<br />

knees as far as you can and spread them apart<br />

and flap <strong>10</strong>+ times.<br />

Enjoy the feeling of stretching, mild pain and<br />

the sounds that follow. It will prevent the onset<br />

of degenerative arthritis and bad posture. PG<br />

Please send your questions or concerns to Dr. James P. Mellin II:<br />

jaemellin@msn.com<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 44<br />

:: GALLERY people and places<br />

Pets Invade Petters Group…Again ::<br />

The second annual Take Your Pet to Work Day commenced June 22nd, at the<br />

Minnetonka office. Attendance was at an all time high as 27 pets participated<br />

in the day’s events, from morning check-in to the Pet Luck Lunch to a visit<br />

with an animal communicator. A photo board was even on hand to post photos<br />

of pets that couldn’t make it. The biggest turnout occurred for the ever<br />

popular Pet <strong>Page</strong>ant. Hosted by our very own Joe Schmit, pets strutted the<br />

floor vying for first place. At Petters Group’s Pet Day, everyone walked away a<br />

winner. [1] Annie Karsh and Charlie, winner of the Pet <strong>Page</strong>ant [2] Michael Hines and<br />

Barley, “Most Photogenic” pet [3] Jason Dehler and Marley, “Most Unique Breed”<br />

[4] Sandy Indahl and Lee Loo, “Most Well Traveled”<br />

2<br />

4<br />

44 :: PETTERSGROUP<br />

3<br />

Polaroid Hospitality Travels the Country ::<br />

In the span of three short months,<br />

Polaroid Hospitality made a complete<br />

circle around the country, exhibiting at<br />

five tradeshows. Included on the roster<br />

were: the Travelodge/Howard<br />

Johnson/Knights Inn Conference in<br />

Orlando, FL; HD Expo in Las Vegas; the<br />

Wingate Inns International Conference<br />

in Puerto Rico; the Ramada Conference<br />

in Palm Desert, CA; and HITEC in<br />

Orlando, FL. Attendance at the shows<br />

was very successful and preparations<br />

for two more shows this year are<br />

already under way.<br />

[1] Steve Hollington walks attendees<br />

through the benefits of Polaroid LCDs. [2]<br />

Team sales meeting before the HITEC show.<br />

1<br />

1<br />

2


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 45<br />

THE PETTERS MATRIX<br />

AARON CHANG<br />

INTERNATIONAL, LLC<br />

5600 Avenida Encinas<br />

Suite 130<br />

Carlsbad, CA 92011<br />

www.aaronchang.com<br />

BROADSIGN<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.broadsign.com<br />

BUSINESS IMPACT<br />

MARKETING GROUP<br />

18760 Lake Drive East<br />

Chanhassen, MN 55317<br />

www.impactgroup.us<br />

COLLEGEVILLE<br />

DEVELO<strong>PM</strong>ENT GROUP<br />

<strong>10</strong>15 W. St. Germain St.<br />

Suite 340<br />

St. Cloud, MN 56301<br />

www.collegeville<br />

communities.com<br />

FIDELICA<br />

MICROSYSTEMS, INC.<br />

1<strong>58</strong>5 McCandless Drive<br />

Milpitas, California 95035<br />

www.fidelica.com<br />

FINGERHUT DIRECT<br />

MARKETING<br />

7777 Golden Triangle Dr.<br />

Eden Prairie, MN 55344<br />

www.fingerhut.com<br />

FINGERHUT<br />

FULFILLMENT<br />

6250 Ridgewood Road<br />

St Cloud, MN 56303<br />

www.fingerhut.com<br />

INFINITE POWER<br />

SOLUTIONS<br />

14998 West Sixth Avenue<br />

Building E, Suite 600<br />

Golden, Colorado 80401<br />

www.infinitepower<br />

solutions.com<br />

JOHN T. PETTERS<br />

FOUNDATION<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.johntpetters<br />

foundation.org<br />

JUICE MEDIA GROUP<br />

7860 Mission Center Ct<br />

Suite 201<br />

San Diego, CA 92<strong>10</strong>8<br />

www.juicemedia.com<br />

LIVE BY CAMPUS<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.livebycampus.com<br />

METROPOLITAN<br />

MEDIA GROUP<br />

5001 American Blvd. W<br />

Ste 400<br />

Bloomington, MN 55437<br />

www.metmediagroup.com<br />

PETTERS AVIATION<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.pettersgroup.com<br />

PETTERS CAPITAL<br />

Flagler Center Tower<br />

505 S. Flagler Dr. Ste 700<br />

West Palm Beach, FL 33401<br />

www.pettersgroup.com<br />

PETTERS REAL<br />

ESTATE GROUP<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

Flagler Center Tower<br />

505 S. Flagler Dr. Ste 700<br />

West Palm Beach, FL 33401<br />

www.pettersrealestate.com<br />

PETTERS<br />

CONSUMER BRANDS<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.pettersgroup.com<br />

PETTERS MEDIA AND<br />

MARKETING GROUP<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.pettersgroup.com<br />

PETTERS WAREHOUSE<br />

DIRECT (CORPORATE)<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

PETTERS WAREHOUSE<br />

Mall of America<br />

North Garden Level 3<br />

(N356)<br />

Bloomington, MN 55425<br />

PETTERS WAREHOUSE<br />

Moundsview Square<br />

2537 Hwy <strong>10</strong> West<br />

Moundsview, MN 55112<br />

PETTERS WAREHOUSE<br />

Waite Park / St. Cloud<br />

306 2nd Street Quad<br />

Waite Park, MN 56387<br />

www.petterswarehouse.com<br />

POLAROID<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

1265 Main Street<br />

Waltham, MA 02451<br />

www.polaroid.com<br />

SONIQCAST<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.soniqcast.com<br />

SPRINGWORKS<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

www.pettersgroup.com<br />

SUN COUNTRY<br />

AIRLINES<br />

1300 Mendoata Heights Rd<br />

Mendota Heights,<br />

MN 55120<br />

www.suncountry.com<br />

SYMMORPHIX<br />

1278 Reamwood Avenue<br />

Sunnyvale, CA 94089-2233<br />

www.symmorphix.com<br />

TAM O’SHANTER LODGE<br />

& CONFERENCE CENTER<br />

89405 Jack Pine Trail<br />

Cornucopia, WI 54827<br />

www.tamoshanterlodge.com<br />

TRIO MARKETING<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

UBID<br />

8550 W Bryn Mawr<br />

Ste 200<br />

Chicago, IL 60631<br />

www.ubid.com<br />

WIDEBLUE<br />

Vale of Leven<br />

Industrial Estate<br />

Dumbarton,<br />

Scotland G82 3PW<br />

www.wide-blue.com<br />

YES VIDEO<br />

3281 Scott Blvd.<br />

Santa Clara, CA 95054<br />

www.yesvideo.com<br />

YFLY.COM<br />

4400 Baker Rd.<br />

Minnetonka, MN 55343<br />

Flagler Center Tower<br />

505 S. Flagler Dr. Ste 700<br />

West Palm Beach, FL 33401<br />

www.pettersgroup.com<br />

www.yfly.com<br />

Actively managed Petters<br />

Group investments.<br />

FALL 20<strong>07</strong>


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 46<br />

:: REALITY BYTES Tom Hay<br />

46 :: PETTERSGROUP<br />

WHAT IS YOUR BEST PETTERS<br />

GROUP MEMORY?<br />

Tom Petters and I shaking hands on our<br />

original agreement and how we have honored<br />

it through good and bad.<br />

Tom Hay<br />

Executive Vice President<br />

of Petters Real Estate<br />

WHAT IS YOUR FAVORITE<br />

ELECTRONIC GADGET?<br />

My Blackberry<br />

WHAT WAS THE LATEST<br />

DESTINATION ON YOUR<br />

VACATION LIST?<br />

Grand View Lodge on Gull Lake near Brainerd,<br />

MN to enjoy time with my grandchildren.<br />

WHAT WOULD YOUR WIFE<br />

SAY IS YOUR WORST HABIT?<br />

TV Surfing<br />

WHAT IS YOUR FAVORITE MEAL?<br />

Dry martini, escargot, Caesar salad, veal chop<br />

and baked potato<br />

WHAT IS YOUR DREAM CAR<br />

AND WHY?<br />

’57 Chevrolet Convertible with 225 HP and<br />

bossed carbs because it brings back memories.<br />

HOW DO YOUR FRIENDS<br />

DESCRIBE YOU?<br />

Smart and lucky<br />

IF YOU COULD DO<br />

ANYTHING FOR A JOB,<br />

WHAT WOULD IT BE?<br />

Exactly what I am doing right now!


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/6/<strong>07</strong> 3:25 <strong>PM</strong> <strong>Page</strong> 47


<strong><strong>07</strong>fallPetters</strong>_<strong>master</strong> 9/<strong>10</strong>/<strong>07</strong> 3:55 <strong>PM</strong> <strong>Page</strong> 48

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