If your company is ranking #1 it's not a penguin problem (links) it may be a co-citation problem. Make sure that your links are varied as Mathew has said. I'd explain more but Rand put it very well in a Whiteboard Friday a few weeks back. Watch the video really quickly and you'll understand it a little better.
I'm going to make a suggestion here that will make some SEO's furious. I rank one site for 40 keywords (all in top 5) with this method.....
Stick to one keyword to a page
For instance, your home page is ranking for "fat eyes" so I would keep it that way. Everything you find on the SEOmoz report from h1s to alt tags etc should be "fat eyes"
I would set up a separate page entitled "www.fateyes.com/santa-barbara-web-design and everything on that page should be SEO for "santa barbara web design" (you don't need a page for "web design santa barbara" because you can link to it both ways and get rankings) It helps having the keyword in your url, which this creates naturally, and you won't "confuse" Google to what you are trying to rank for. Is it "Fat eyes", "web design santa barbara" or "santa barbara web design"? Don't let Google figure it out, TELL THEM.
Mathew is right though, I looked through OSE and saw that nearly all of your anchor text is "fat eyes". You can also use WMT for this (more robust) and see all your links to make sure the links you have coming in are quality.