Seemed to have solved the problem.
There was a stick o ram that was put in at a later
date that was a little different and this is what was causing
the machine to kernal panic.
I checked the log and it had nothing listed as you described.
My coworker told me about the ram and her removed and it has
stopped panicing.
It is funny, it would usually only panic when using the clone tool in
photoshop
Thanks for your help.
Long live MacNN