5Star

Spectrum Advanced Manufacturing Technologies Embarks on Significant Expansion in Colorado Springs, Fueling Innovations in Aerospace, Military, and Medical Fields

Retrieved on: 
Tuesday, April 9, 2024
AMD, Spacecraft, System, City, 5Star, Parker Solar Probe, ISO 9000, A.I, DOD, Spectrum, XR, NASA, Michael League, Surgeon, Partnership, Parent, EDC, 3D, Freeman, Radio, Spitzer, Patient, Work, Bank, USAF, Electronics, Workforce, Goddard Space Flight Center, Next, Quality of life, Growth, Renewable energy

COLORADO SPRINGS, Colo., April 9, 2024 /PRNewswire/ -- Spectrum Advanced Manufacturing Technologies (Spectrum AMT), which has been a driving force in ISO 9000 precision electronics and assemblies manufacturing for over 25 years, today announced a significant expansion of its operations in Colorado Springs, thanks, in part, to the support and encouragement from the Colorado Economic Development Commission and state and local governments. This collaboration highlights the commitment of both Spectrum AMT and the state and local governments of Colorado and Colorado Springs to fostering economic growth and supporting innovative business ventures. Spectrum AMT is owned by Ocutrx Technologies, Inc. the developer of the groundbreaking AR/XR medical device headsets: OcuLenz™ (for patients) and the ORLenz (for surgeons). Ocutrx was founded by brothers Michael H. and Mitchael C. Freeman, two Emmy Award-winning inventors. With the addition of two new buildings, the Spectrum AMT location will now be called the "Ocutrx-Spectrum Advanced Manufacturing Campus."

Key Points: 
  • With the addition of two new buildings, the Spectrum AMT location will now be called the "Ocutrx-Spectrum Advanced Manufacturing Campus."
  • On February 15th, 2024, Ocutrx and Spectrum AMT received unanimous approval from the Colorado Economic Development Commission (EDC) Job Growth Incentive Tax Credits.
  • "Colorado is a leader in advanced manufacturing, and Spectrum AMT will create over 100 new good-paying jobs in this important industry.
  • Its manufacturing in Colorado Springs further cements the state's reputation as a center for advanced manufacturing and technology development, marking a significant advancement in medical and assistive technology manufacturing.

AFBA and 5Star Life Insurance Company Announce the Appointment of Major General Augustus L. “Leon” Collins, USA (Ret.) to 5Star Life Board

Retrieved on: 
Tuesday, November 17, 2020
Defense, Professional services, Other Defense, Insurance, Contracts, Types of insurance, Life insurance, Insurance, 5Star, Armed Forces Benefit Association, 5Star Life

The Armed Forces Benefit Association (AFBA) and its affiliate, 5Star Life Insurance Company, announced today the appointment of Major General Augustus L. Leon Collins, USA (Ret.)

Key Points: 
  • The Armed Forces Benefit Association (AFBA) and its affiliate, 5Star Life Insurance Company, announced today the appointment of Major General Augustus L. Leon Collins, USA (Ret.)
  • It is our pleasure to welcome Leon Collins to the 5Star Life Board of Directors.
  • AFBA death benefits are underwritten by its affiliate, 5Star Life Insurance Company (a Lincoln, Nebraska domiciled company).
  • 5Star Life Insurance Company (5Star Life) is the primary underwriter of the Armed Forces Benefit Association (AFBA) member policies.

5Star Life Insurance Joins The Paylogix Co-op Program as a Premier Provider

Retrieved on: 
Tuesday, November 17, 2020
Health Economics, 5Star, Channel 5, Third-party administrator, Insurance, Economy, Service industries

WESTBURY, N.Y., Nov. 17, 2020 /PRNewswire/ --Paylogix, a Third-Party Administrator for insurance payment processes and enrollment technology, announces 5Star Life Insurance Company (5Star Life) has joined the Exchange Builder Premier Provider offering.

Key Points: 
  • WESTBURY, N.Y., Nov. 17, 2020 /PRNewswire/ --Paylogix, a Third-Party Administrator for insurance payment processes and enrollment technology, announces 5Star Life Insurance Company (5Star Life) has joined the Exchange Builder Premier Provider offering.
  • Both 5Star Life and Paylogix have developed this solution for the broker community to streamline the enrollment and billing obligations on any case type.
  • 5Star Life selected Paylogix to develop a customizable self-service enrollment platform for any employer size.
  • "Paylogix has the talent and industry experience," said Sal Campanile, Vice President, of Worksite Group & Voluntary Benefit Sales with 5Star Life.

AFBA and 5Star Life Insurance Name Kimo Wong Chief Distribution Officer

Retrieved on: 
Tuesday, June 23, 2020
Professional services, Public policy, Government, Law enforcement, Emergency services, Other Policy Issues, Insurance, Consulting, Homeland security, Service industries, Insurance, Insurance industry, 5Star, Armed Forces Benefit Association, 5Star Life Insurance Company

The Armed Forces Benefit Association (AFBA) and the 5Star Life Insurance Company boards of directors have named Michael K. Kimo Wong as Chief Distribution Officer effective immediately, consolidating the sales organizations for both entities.

Key Points: 
  • The Armed Forces Benefit Association (AFBA) and the 5Star Life Insurance Company boards of directors have named Michael K. Kimo Wong as Chief Distribution Officer effective immediately, consolidating the sales organizations for both entities.
  • I am delighted to have the sales organizations of both AFBA and 5Star Life now under Kimo Wongs direction.
  • This appointment enables the AFBA / 5Star enterprise to better carry out its important mission by further coordinating its distribution efforts, said AFBA and 5Star Life President General Larry O. Spencer, USAF (Ret.).
  • 5Star Life Insurance Company (5Star Life) is the primary underwriter of the Armed Forces Benefit Association (AFBA) member policies and is also a growing provider of group and worksite voluntary products.

5Star Life Insurance Co. Appoints Joseph Fox to its Board

Retrieved on: 
Monday, March 4, 2019
Professional services, Insurance, Service industries, 5Star, Channel 5, Insurance

The 5Star Life Insurance Company announced today that Joseph Fox has been appointed to its Board of Directors effective March 1, 2019.

Key Points: 
  • The 5Star Life Insurance Company announced today that Joseph Fox has been appointed to its Board of Directors effective March 1, 2019.
  • I am pleased to welcome Joseph Fox to the 5Star Life board of directors.
  • I am pleased to join the 5Star Life Board of Directors and look forward to working with the management team of this organization that so proudly serves our first responders, said Joseph Fox.
  • 5Star Life Insurance Company (5Star Life) is the primary underwriter of the Armed Forces Benefit Association (AFBA) member policies and is also a growing provider of group and worksite voluntary products.