Current News

Chittenden Corporation (NYSE: CHZ) Chairman, President and Chief Executive Officer, Paul A. Perrault,
announced third quarter 2003 net income of $0.54 per diluted share,
compared to the $0.48 per diluted share earned in the third quarter of 2002.
For the first nine months of 2003, earnings were $1.54 per diluted share,
compared to $1.41 a year ago. Chittenden also announced its quarterly dividend
of $0.20 per share. The dividend will be paid on November 14, 2003, to
shareholders of record on October 31, 2003.
In making the announcement, Perrault said, "I am extremely pleased with
our progress in organizing ourselves to be most responsive to our customers,
shareholders, and employees, and with the financial results that we have
achieved at the same time. With our early-summer decision to migrate to a new
information technology platform, work has begun in earnest to convert all of

Claremont, NH Valley Regional Healthcare’s Board of Trustees tonight voted to sign a
Memorandum of Understanding (MOU) to enter into an agreement with the Dartmouth-Hitchcock Alliance.
The MOU, approved during the Board’s regular monthly meeting on October 15, is a major step toward
solidifying an affiliation with the Alliance.
“This is absolutely a positive step for Valley Regional Hospital, for Claremont and for all of Sullivan
County,” says Allen R. Damren, assistant superintendent of schools in Claremont and chair of the VRH
board of directors. “We’ve taken our assessment of the proposed affiliation very seriously and would not be
recommending this step if we felt at all uneasy about it.”
Valley Regional Hospital began exploring an affiliation approximately two years ago at the behest of hospital
President Claire Bowen, whose fi ve-year strategic plan (launched in October 2000) includes the formation

Chris Robbins of Danville, a member for 12 years and chair for
the past two, has been reappointed to the board of directors of the
Vermont Student Assistance Corporation. Pam Chisholm of Duxbury has been
named a new member of the VSAC board. Both appointments were made recently
by Governor James Douglas. Robbins is president of EHV-Weidmann Industries
Inc. in St. Johnsbury. He is a member of the Vermont State Board of
Education and the Danville School Board. He also serves on the boards of
the Vermont Business Roundtable, the Northeastern Vermont Regional
Hospital, and the Washington, D.C.-based Business Industry Political
Action Committee. He was educated at the University of Maine.
Chisholm is
director of financial aid for Community College of Vermont, and serves as
treasurer of the Vermont Association of Student Financial Aid
Administrators. She worked for VSAC on two separate occasions, first in

Unsworth Powell Barra Orr & Bredice, PLC is pleased
to announce that Glenn A. Jarrett, a partner in the firm, has been named
to lead the firm's Estate Planning Team. Mr. Jarrett is a Certified
Financial Planner(tm) practitioner and is a member of the American Academy
of Estate Planning Attorneys and the National Academy of Elder Law
Attorneys.
Unsworth Powell PLC's Estate Planning Team provides comprehensive estate
planning, trusts, Medicaid planning, elder law, probate and trust
administration services to its clients throughout the State.
Mr. Jarrett's previous public positions include General Counsel of the
Vermont Housing Finance Agency from 1987-1999 and an Assistant Attorney
General for the State of Vermont from 1978-1987. He was admitted to the
Vermont Bar in 1973. He received his undergraduate degree at Middlebury
College and his Juris Doctor Degree from the Georgetown University Law

DEW Construction Corp. has been selected as the Construction Manager for Chittenden South Supervisory Union's Champlain Valley Union High School Addition and Renovation Project. Work on this project entails a 148,542 square foot renovation of the existing school including a new wood chip-fired heating system, and 63,000 square feet of new construction including space for classrooms, a new library/media center, gymnasium addition, and a new cafeteria and kitchen.
DEW will begin preconstruction services immediately and construction is slated to begin next spring and be completed by summer 2005.
Banwell Architects of Montpelier, Vermont is the Architect. Heading up the project for DEW are Mike Smith, Project Manger, Gary Gibson, Superintendent, Dave Stone, Assistant Superintendent and Scott Carter, Estimator.

Lorraine Jenne has just been named Director of Operations for The Howard Center, with responsibility for human resources, corporate compliance, quality assurance, risk management, and labor relations. Jenne served most recently as Human Resources Director.
John Kamin, M.D., joined The Howard Center for Human Services staff as Staff Psychiatrist of the Adult Behavioral Health Services division, after completing his residency in the Harvard Longwood Psychiatry Residency Program.
Wendy Scanlan has been named Director of the Pine Forest Children’s Center, a program of The Howard Center’s Baird division. Scanlan first joined the Center in 1990 as a teacher. She became a master teacher and then served the past four years as Assistant Director/Curriculum Coordinator.

Two International Business students at Champlain College will join a Vermont Chamber of Commerce trade mission to Asia in mid-October. Laura Herrema and Elizabeth Claflin will travel with a delegation of Vermont legislators and business people for an 11-day trip to Shanghai, China, Hong Kong, and Taipei, Taiwan.
For these students, the internship is providing learning experiences that can’t be gleaned from a textbook. This rare opportunity is supported through a US Department of Education “Business and International Education” grant received by Champlain College. The students have been working with Curtis Picard, Vice President of International Trade at the Chamber, to promote the trip, complete research, and work on the logistics of the trade mission.

Okemo Mountain Resort is gearing up for the 2003/2004
winter season and it won't be long now. Snowmaking operations are
scheduled to begin in just a few short weeks with the opening day
anticipated on Saturday, November 8, 2003. With $55 million in
improvements for the upcoming winter season, Okemo just keeps getting
better and better.
Skiers and riders will discover a vastly expanded mountain with
miles
of playful terrain, a modern and efficient lift system, snowmaking and
grooming that is tops in New England and family-friendly programs for all
ages and ability levels.
The new terrain at Jackson Gore has quickly become a favorite among
skiers and riders. With seven new trails and two new lifts for 2003/2004,
the winter season will be jam-packed with more terrain, lifts and resort
amenities. Jackson Gore now offers a total of 14 trails with four lifts

The Vermont Manufacturing Extension Center (VMEC) has launched its Fall 2003 – Spring 2004 workshop season. VMEC’s 30 public workshops are located throughout Vermont and cover a wide range of manufacturing topics, including
lean manufacturing, supply chain management, new product development, strategic planning, and industrial marketing. Upon request, throughout the year the Center also holds “on site” workshops at many Vermont manufacturing
plants.
Each of the 13 distinct workshops addresses the unique challenges facing Vermont manufacturers in today’s global economy. Experienced, professional presenters give attendees practical, proven tools and ideas that they can
take back to their companies and immediately begin using.
"I have attended a number of VMEC workshops. Every one I have participated in has covered material pertinent to our operations at Vermont Pure,” said Dave Bullis, Plant Manager at Vermont Pure Holdings in Randolph. “I have

Primetime Concepts, Inc. has been
retained to manage and execute a program of public relations and
marketing enhancement initiatives for the Southern Vermont Regional
Marketing Organization, reports agency president, Lynn Barrett.
"Primetime is expert in developing cost-effective, high visibility,
image and awareness building campaigns that get results. As Vermont
businesses struggle to compete in the highly competitive global
marketplace, strategic public relations programs are an essential
part of the marketing arsenal," she says.
The program that has been developed in conjunction with the Regional
Marketing Organization's Roundtable Board and the Vermont Department of
Marketing & Tourism will be partly devoted to luring visitors to Southern
Vermont through stories and features in newspapers, magazines and on
television.
In addition, the program will include FAM (familiarization) tours

IMB Enterprises, Inc., a full time staff search and contract staffing firm announces the completion of a relocation of company offices from Brooklyn, NY, to Bridgewater, VT.
Mike Blonder, company President, notes that an office in the Upper Valley provides the company with "excellent access to the type of clientele that we want, emerging technology companies that are poised for rapid growth, along with employers in need of technology experts in the areas of Geographic Information Systems (GIS); Process Control; Web Content Management; and Systems and Network Architecture, Administration and Security. From our office in Bridgewater we can reach a series of high tech centers, including White River Jct, VT/Lebanon, NH/Hanover, NH; Burlington/Essex Junction, VT; Rtes 95 & 495 north of Boston, MA, all within a 2.5 hour drive."

Charter One Financial, Inc. (NYSE: CF) announced that it would be migrating its consumer and small business online banking applications to Corillian’s Voyager platform.
Charter One also announced that it has formed a new partnership with Cash Edge to integrate account aggregation and bank-to-bank transfer functions into the Corillian product. Charter One has also reaffirmed its partnership with Centerpost to provide voice, email and wireless alerting within the application.