A.M. Best Company Re-affirms Delta Dental of Minnesota?s ?A? Financial Strength Rating for 13th Consecutive Year

Eagan, Minn. (PRWEB) November 04, 2011

Delta Dental of Minnesota announced today that A.M. Best Company, the insurance ratings organization, re-affirmed its financial strength rating of A (Excellent) for the 13th consecutive year. This is among the highest ratings of any dental plan in the nation. The financial strength rating reflects Delta Dental of Minnesota?s ability to pay claims.

A.M. Best has changed the issuer credit rating from ?a+? to ?a?. This change in a corporate debt rating will not affect Delta Dental of Minnesota or its customers. ?The issuer credit rating reflects the company?s ability to pay its corporate debt, and it has none,? said Dave Morse, President, Delta Dental of Minnesota. ?We have not issued corporate debt in the past and there are no plans to do so in the future. We pay cash.?

?In today?s economy, financially stable insurers are essential when employer groups are looking for benefits and service they can count on today and in the future,? continued Morse. ?We are pleased to receive A.M. Best?s strong, independent affirmation of our financial stability.?

In its opinion rationale, A.M. Best states:

?????The organization?s dominant share of the group dental insurance market in Minnesota results from high business retention and new sales achieved via competitive pricing, wide array of products, strong brand recognition, and a reputation for superior customer service.?

?????Continuing net income has been generated by good underwriting results, investment income and periodic realized capital gains.?

?????Its recent strategic business objectives have included growing sales of individual and retiree dental products, as well as maintaining and expanding business partnerships.?

?????The organization?s significantly decreasing net premium revenue over the last two years has been driven by membership decreases within customer groups, customer terminations of dental coverage due to the recessionary economy and more customer groups option to self-insure their dental benefits.?

For the latest rating, access http://www.ambest.com.

About Delta Dental of Minnesota

Delta Dental of Minnesota is one of the largest providers of dental benefits in the Upper Midwest, serving 8,000 Minnesota-based purchasing groups and 3.8 million members nationwide. The company was founded in 1969 and is an independent, non-profit health service plan corporation. Delta Dental is a licensee of Delta Dental Plans Association (DDPA), the largest dental benefit system in the United States. As a non-profit, our mission is to help ensure access to affordable dental care. For more information about Delta Dental of Minnesota, visit http://www.deltadentalmn.org. Delta Dental is a registered mark of Delta Dental Plans Association. Delta Dental of Minnesota is an independent nonprofit dental services company and is an authorized licensee of the Delta Dental Plans Association of Oak Brook, Illinois.

About A.M. Best

A.M. Best Co., established in 1899, is the world?s oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best?s Web site at http://www.ambest.com.

MEDIA CONTACT:

Dave Morse

651-406-5987

dmorse(at)deltadentalmn(dot)org

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A.M. Best Company Re-affirms Delta Dental of Nebraska?s ?A? Financial Strength Rating for 13th Consecutive Year

Eagan, Minn. (PRWEB) November 08, 2011

Delta Dental of Nebraska announced today that A.M. Best Company, the insurance ratings organization, re-affirmed its financial strength rating of A (Excellent) for the 13th consecutive year. This is among the highest ratings of any dental plan in the nation. The financial strength rating reflects Delta Dental of Nebraska?s ability to pay claims.

A.M. Best has changed the issuer credit rating from ?a+? to ?a?. This change in a corporate debt rating will not affect Delta Dental of Nebraska or its customers. ?The issuer credit rating reflects the company?s ability to pay its corporate debt, and we have none,? said Chris Earl, Chief Sales Officer at Delta Dental of Nebraska. ?Delta Dental of Nebraska has not issued corporate debt in the past and has no future plans to do so.?

?In today?s economy, financially stable insurers are essential when employer groups are looking for benefits and service they can count on today and in the future,? continued Earl. ?We are pleased to receive A.M. Best?s strong, independent affirmation of our financial stability.?

For the latest rating, access http://www.ambest.com.

About Delta Dental of Nebraska

Delta Dental of Nebraska is a leading provider of dental benefits in Nebraska. The company was incorporated in 1985 as a prepaid dental service corporation, and is an independently operated affiliate of Delta Dental Plans Association (DDPA). Delta Dental plans collectively serve more than 56 million Americans representing more than 95,700 groups. For more information, visit http://www.deltadentalne.org. Delta Dental is a registered mark of Delta Dental Plans Association. Delta Dental of Minnesota is an independent nonprofit dental services company and is an authorized licensee of the Delta Dental Plans Association of Oak Brook, Illinois.

About A.M. Best

A.M. Best Co., established in 1899, is the world?s oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best?s Web site at http://www.ambest.com.

MEDIA CONTACT:

Barb Jensen

(402) 397-4878

bjensen(at)deltadentalne(dot)org

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Consecutive Years of Significant Growth at DiSTI Continue

Orlando, FL (PRWEB) January 27, 2012

The DiSTI Corporation, a software development and simulation training company based in Orlando, FL, announces another year of growth and expansion for the company. In 2011, DiSTI increased its employee base by 24% compared to 2010 staffing levels, and an astounding 97% when compared to 2009 levels. Accompanying the growth in staff, DiSTI?s worldwide software product sales grew 11% and engineering services grew 10%. To accommodate this growth, DiSTI has relocated to a new 10,500 square foot facility on Corporate Boulevard near the University of Central Florida. The new facility represents a 46% increase in floor space for the expansion and future growth plans over the next three years.

DiSTI?s worldwide product sales growth is attributable to its strategic expansion into new vertical product markets. DiSTI?s software products have achieved significant penetration into the automotive industry and unmanned systems sector, bolstering the current foundation in aviation, simulation and training. DiSTI has also simplified their GL Studio? human machine interface product offering to reduce acquisition hurdles and has introduced a new tool, Replic8?, to simplify the development of interactive 3D training materials.

DiSTI?s professional engineering services continue leading the industry with the creation of advanced 3D virtual maintenance environments. DiSTI was awarded contracts from various clients, including Boeing, Lockheed Martin, L-3 Communications, Rockwell Collins, and Oshkosh Defense. In August, Military Training Technology (MT2) magazine recognized DiSTI with a ?Best Program? award for the work done on the F/A-18E Integrated Visual Environment Maintenance Trainers (IVEMT) delivered to the Royal Australian Air Force.

?While we are proud of our accomplishments for 2011, DiSTI is already looking forward to a flourishing 2012. The groundwork we laid last year has set the stage for success as we expand the adoption of our tools and technology into these new markets. In the coming months we hope to be able to announce some of the significant wins we have already made this year,? said Joe Swinski, President of DiSTI.

In addition to sales and employment gains, DiSTI earned numerous awards and honors in 2011. The Orlando Sentinel recognized DiSTI as a Top 100 Company for Working Families and GrowFL distinguished DiSTI as one of 50 up and coming Florida Companies to Watch. In addition, DiSTI received industry recognition from MT2 magazine with a fifth consecutive Top Simulation & Training Company award. For more information about DiSTI and the company?s products and services, visit http://www.disti.com.

About DiSTI

DiSTI is a global leader in the development of Human Machine Interface software for businesses, governments and the military. The company?s flagship product, GL Studio, enables programmers and developers to build high-fidelity graphics, 3D simulations and fully interactive controls into their models, enhancing the level of realism and sophistication, while improving learning and retention.

More than 500 customers worldwide, including BAE, Boeing, Dassault, FedEx, Lockheed Martin, Honeywell, Raytheon and Thales, use DiSTI solutions to build maintenance trainers, create PC and Internet-based courseware and to develop components for safety-critical applications. As a full service provider, DiSTI offers a complement of customer programming and development services, and is the recognized leader in training solutions for the global simulation and training community. For more information, visit http://www.disti.com.

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