Problem with Time Zone in email remainders

Problem with Time Zone in email remainders

In remainders received by email, the time format looks like this:

From : Fri, 09 May 2008 12:30:00 -0400
To : Fri, 09 May 2008 13:00:00 -0400

First problem is that I selected (GMT-05:00) Eastern Time (US & Canada) in Calendar settings and the remainder indicates -04:00

Second, is there a way to show the time for my time zone directly - in this case 09:30 am to 10:00 am ?

Thanks!