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Indy Audio Labs wiring for relaunch of high-end home theater brands

Two former Klipsch Group engineers plan to return to the market a brand of amplifiers famous among audio enthusiasts. Indy
Audio Labs, owned by Rick Santiago and Ted Moore, bought the Aragon and Acurus brands of amps, pre-amps and sound processors
from Klipsch and are planning a
2010 launch.

Lilly Endowment funds OrthoWorx effort with $7 million

A new group expected to develop the orthopedic implants industry in Warsaw will be able to proceed now that Indianapolis-based
Lilly Endowment Inc. is putting $7 million behind it, according to an announcement this morning.

ISO organ debuts

IBJ reporter Kathleen McLaughlin pays a visit to the Indianapolis Symphony Orchestra’s latest musical acquisition.

GM to add shifts at 3 sites, including Indiana

General Motors Co. will go to 24-hour operations at factories in Kansas, Michigan and Indiana to make up for production lost
due to a large-scale factory consolidation announced earlier in the year.

Lilly agrees to settle more state Zyprexa suits

Eli Lilly and Co. has agreed to confidential terms to settle lawsuits brought by seven states alleging the company illegally
marketed bestselling antipsychotic drug Zyprexa, Bloomberg News reported today.

NCAA’s CFO named interim president

James L. Isch, the NCAA’s long-time chief financial officer, has been named interim president of the association, replacing
Myles Brand, who died last week of pancreatic cancer.

Lilly sells constipation drug to Adolor

Biotechnology company Adolor Corp. said yesterday that it bought exclusive worldwide rights to Eli Lilly and Co.’s OpRA
III drug candidate, which has a range of potential uses.

ArtPrize: Do you trust the public to judge art?

Call it the American Idol-ing of art. Starting Sept. 23, what’s being billed as the world’s largest art prize competition
begins in Grand Rapids…with you as judge.

Two companies adding jobs in Elkhart County

Two companies have announced plans that could mean about 200 jobs at factories in northern Indiana’s Elkhart County, which
has been among the country’s hardest-hit places during the recession.

Mead Johnson plans expansion in Evansville

Mead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.

Chamber puts support behind Wishard proposal

The Greater Indianapolis Chamber of Commerce announced its support for construction of a new Wishard Hospital and promised
to “take a leadership position” to help hospital leaders win voter approval for the project. The business trade group issued
a statement today endorsing the $754 million project, saying the hospital’s plan to finance the project is sound. Marion County
voters will have to approve the plan in a Nov. 3 referendum because Wishard’s parent organization, the Health & Hospital Corp.
of Marion County, will fund the project with bonds that will be backed by taxpayers in case of default.

NASDAQ threatens to delist Emmis stock

NASDAQ has notified Emmis Communications Corp. that it is in danger of being delisted if the company’s stock doesn’t rise
above the minimum bid price of $1 per share within the next six months. Shares of the Indianapolis-based media company, which
were trading this morning at 89 cents apiece, haven’t traded above $1 since September 2008. To regain compliance, Emmis stock
must trade above the $1 per share minimum bid price for 10 consecutive business days before March 15.