Valley Briefs Qualstar to Miss Revenue Targets Qualstar Corp. revised its revenue guidance downward for its first fiscal quarter ended Sept. 30. The company said it expects to report net revenues of $5.9 million, compared with earlier projections of $7.6 million to $8.1 million for the period. In the comparable period a year ago, Qualstar reported revenues of $8.8 million. Simi Valley-based Qualstar said the revision was based on “continued softness in demand for our libraries with AIT (Advanced Intelligent Tape) technology.” Officials said increasing demand in some of its other product categories was not sufficient to compensate for the falloff in AIT sales. The company will report its first quarter results on Oct. 30. Pull’R Acquires Bucket Boss Pull’R Holdings LLC has acquired the Bucket Boss line of tool organization products from Fiskars Brands Inc. Terms of the deal were not disclosed. Bucket Boss products include Gatemouth tool bags, Bucket Stacker and Bucket Seat organizers as well as Bucket Caddy. Sun Valley-based Pull’R expects to expand distribution for the Bucket Boss line into its existing hardware chain and do-it-yourself channels. Ixia Performance Soars Ixia reported net earnings doubled for the company’s third quarter ended Sept 30 on a 28.3 percent increase in revenues. The Calabasas-based company earned $2.4 million or $0.04 per diluted share on revenues of $21.6 million. That compares with earnings of $1.2 million or $0.02 per diluted share on revenues of $16.9 million for the like period a year ago. Ixia said the quarter’s growth was driven by its 10 Gig product line and sales of ANVL and Chariot software. Ixia added 93 new customers during the quarter, largely as a result of the prior acquisition of the Chariot product line. The company also reported increases in sales in the Asia Pacific region. Ixia designs and develops testing equipment for the telecommunications industry. Gala for Heart The foundations for Providence Saint Joseph Medical Center in Burbank and Providence Holy Cross Medical Center in Mission Hills will hold a black-tie fundraiser on Nov. 22 at the Sheraton Unviersal Hotel. The third Annual Festival of Trees Black and White Ball will feature holiday-decorated trees and wreaths done up by some of Hollywood’s top designers, which will be auctioned off for charity to benefit cardiac centers at both hospitals. Sam Rubin KTLA entertainment editor will serve as master of ceremonies. For more information, call: (818) 847-4673. Mayor Appoints First Service Manager Mayor James Hahn has appointed the first of seven Neighborhood Service Area Managers. Steven McDonald, currently serving as chief of the Development Services Bureau for the Los Angeles Department of Building and Safety, will oversee the South Valley Neighborhood Service area. This is the first neighborhood service manager appointment made since Hahn established seven such service areas across the city, including one for the North Valley, as part of his Teamwork L.A. program, a multi-faceted plan for improving the quality of city services and bringing government closer to the community. McDonald was also the founder and director of the Los Angeles Business Team under former Mayor Richard Riordan.