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OMNI SYSTEMS ANNOUNCES UPGRADED RATING BY DUN & BRADSTREET

by OMNI SystemsOctober 1, 2015 08:00

 OMNI Systems, Inc., the premier manufacturer of thermal labels in North America, announced today that  Dun & Bradstreet Corporation has upgraded its Financial Stress Score to 1611. The score predicts the chance that a business will experience financial distress and is used to forecast a company’s expected performance over the next year. This upgrade ranks OMNI in Class 1 which is the Top 5 Percentile with lowest possible delinquency probability of 0.03%.

Adam DeFrancesco, Founder & CEO of OMNI Systems said, “We are pleased that D&B has reassessed OMNI's financials and upgraded our ratings accordingly. This demonstrates OMNI’s strong capacity to meet its financial commitments and should provide further assurances to our current & future partners to trade with us with complete confidence. Since OMNI has no debt, and no interest payments, our clients receive much better pricing when compared to our competitors. This is a win-win scenario and helps create mutually beneficial long term partnerships we're seeking."

The Dun & Bradstreet Rating is the most widely used credit rating in American business, and provides an accurate assessment of a company’s overall creditworthiness and risk of default. The Rating is computed by D&B when a company submits its financial statements for review and is also influenced by D&B’s data about a company's payment history, demographic and financial information, outstanding suits and liens.

“We are thrilled to receive this outstanding D&B rating,” said Terry McGreal, CFO of Omni Systems. “Labeling is a very competitive industry and having this strong rating will set us apart from the competition and will also help to ensure our continued growth.”

Contact OMNI today to see how we can help improve your operations while significantly lowering your label spend.

OMNI Systems Kicks Off Its 25th Year Anniversary Celebration With Manufacturing Expansion

by OMNI SystemsApril 1, 2015 08:00

OMNI Systems, Inc., the leading manufacturer of thermal labels in North America, announced today that it has started manufacturing at a second location in Cleveland to keep up with rising demand. 

The expansion, including new, state-of-the-art printing capabilities with automatic butt-splicers, in-line slitting and packaging, will allow customers to take advantage of a full-service facility producing, printing and packaging labels in a second location in addition to the primary manufacturing site in Richmond Heights OH. Customers can take advantage of OMNI's expertise in pressure sensitive labels, while simplifying and reducing risk in the supply chain. This addition is set to further increase OMNI's capacity by an additional 20%. 

"OMNI Systems recognizes the need for redundancy in the supply chain," said Adam DeFrancesco, OMNI's Founder and CEO. "While we're adding more presses to our operations to facilitate record growth, it made all the more sense to add another manufacturing location. This addition to our already robust business continuity plan offers our customers additional peace of mind in case of exigent circumstances, and allows OMNI to effectively manage its growth -- it's a WIN-WIN scenario all around  and it closely aligns with our growth strategy as the country's leading thermal label supplier."

OMNI Systems has seen record revenues and significant growth over the years, and has been making significant continual investments in automation while maintaining a debt free operating environment.

Contact OMNI Systems today to see how we can enhance your purchasing experience while significantly lowering your label spend.