NCCI Recalculates Interstate's EMR

Market Wire, August, 2008

Interstate Electrical Services Corporation, the largest merit shop electrical services contractor in New England, was just notified that the National Council on Compensation Insurance (NCCI) has recalculated their annual Experience Modification Rate (EMR) for 2007 based on finalized claim data. Originally Interstate's EMR for 2007 was .72; the recalculated rate is .69. Interstate's projected annual rate for 2008 is expected to be an even better .62.

The EMR is an industry accepted way of gauging of a company's safety performance track record. Since the EMR is based on actual payroll data and Workman's Compensation claims, it provides a very accurate representation. The NCCI considers an EMR of 1.0 to be average; anything above that is below average, and an EMR below 1.0 is considered excellent. This is one instance where a lower score is better.

Interstate has maintained an EMR below 1.0 for over 20 years, the result of a steadfast focus on safety training, strict adherence to safe work-site practices, and the ongoing support of Interstate's management and safety committee. According to Ed Zinck, the Company's safety officer, "Our field personnel are really driven to be the best, and that includes worksite safety. We are recognized in the industry as a safety oriented company and the NCCI's re-assessment of our EMR rating really drives home that fact."

About Interstate

Interstate Electrical Services Corporation was founded in 1966, and has since grown to become the largest merit shop electrical services company in New England.

Interstate provides pre-construction services, design build services, facility maintenance, security card access systems, fire alarms systems testing and installation, and 24/7 emergency call service. The company also installs network systems for LAN/WAN, copper and fiber optic cabling, network services and telephone systems, as well as control systems for HVAC and industrial process controls.

Today, Interstate has over 500 employees and has expanded beyond the headquarters in Billerica, MA to offices in Bedford, NH, Westminster, VT, Warwick, RI and Bloomfield, CT. Those locations were chosen based on client need; as clients grew, Interstate was with them. The company is proud of their regional offices, which offer all of the company's services combined with knowledge of state and local requirements.

CONTACT: Michael D. Gould Interstate Electrical Services Corporation Phone: (978) 947-8161 Email Contact