CLEVELAND--(BUSINESS WIRE)--OMNI Systems™, Inc. (www.omnisystem.com), the industry’s leading high quality-low price thermal label converter, has received upgraded rankings on its financial stability from Dun & Bradstreet (D&B). OMNI’s overall rating is now 12AA, upgraded from its previous rating of 14AA; the highest possible rating is 11AA.
According to Dun & Bradstreet, its ratings can help “assess a firm's size and composite credit appraisal, based on information in a company's interim or fiscal balance sheet and an overall evaluation of the firm's creditworthiness.”
The updated financial stability, financial stress and supplier evaluation risk ratings indicate that OMNI Systems has a low probability of ceasing business operations, a low risk for financial stress and has a very stable condition with high confidence.
“We’re proud to continue operating as a 100 percent debt-free company, and that our efforts have been recognized by Dun & Bradstreet,” says Adam DeFrancesco, founder and CEO of OMNI Systems. “By staying committed to maintaining strong financial fundamentals, we are able to drive costs lower and position ourselves as the premier high-quality, low-cost thermal label printer in North America.”
In addition to the upgraded D&B ratings, in the past year OMNI Systems received an Evolution of Manufacturing Award, grew to become the 102nd largest printer ranked on the 2016 Printing Impressions Magazine list out of 10,000 printers, and appeared again on the 2016 Inc. 5000 list. OMNI’s strong growth performance and industry recognition is tied to its proven ability to deliver customized labeling programs for all industries while operating a lean business model and providing high-quality service.
About OMNI Systems, Inc.
OMNI Systems™, Inc. was founded in 1990, with headquarters in Cleveland, Ohio. OMNI Systems has quickly become one of the largest, privately-owned label convertors in the United States and is now the largest consumer of thermal media from the nation's leading raw material supplier. This purchasing power allows OMNI to procure the highest quality raw material components at the lowest prices. When combined with modern manufacturing and distribution centers operating 24 hours per day, and debt-free/ financially strong infrastructure (D&B 3A3), the OMNI difference is clear: "The Highest Quality Labels at the Lowest Prices."