SOURCE: HTH Worldwide

April 21, 2008 15:23 ET

Strong Growth in Group Sales at HTH Worldwide Points to Continued Rapid Pace of Globalization

RADNOR, PA--(Marketwire - April 21, 2008) - HTH Worldwide announced today that it has added 62 new group customers of its international health insurance products since January 1, 2008. Because of its focus on serving those who travel internationally for business, leisure and study, HTH Worldwide may be considered a bellwether for the pace of globalization that is integrating the world economy. "HTH has shown strong growth in a domestic economy that appears to have softened dramatically in recent months," said Angelo Masciantonio, Chairman and CEO of HTH Worldwide. "We believe we are benefiting from the rapid pace of globalization, which appears to be proceeding steadily even as the absolute growth of the world economy slows."

HTH sells group health plans to universities for international students and to employers for short- and long-term business travel. In the first quarter, HTH's new customers included the University of Michigan, Brigham Young University and Southern Methodist University collectively representing over 5,000 students going abroad annually. On the employer side, Fedex Express Pilots, Foster's Wine Estates and the Institute for One World Health were among new clients. Universities and employers are increasingly ready to purchase specialty group products to meet the needs of students and employees pursuing their goals far from home. "The market for international health insurance in the U.S. has historically been significantly under penetrated," said Angelo Masciantonio. "As the number of students and employees living and working internationally continues to grow, schools and employers are recognizing the need to provide quality healthcare services and insurance benefits all around the world. Our products and services are being embraced as the solution they need." HTH recently was awarded a competitively bid, multi-year contract to renew its coverage and services for over 6,000 international students enrolled at the State University of New York.

HTH also licenses and distributes its global health and safety databases, which are accessible online and via handheld communication devices and marketed as HTH Mobile Health(SM). Demand for these services grew in the first quarter of 2008 with HTH initiating partnerships with a large international insurance company, as well as Amadeus, Sabre and Hickory Travel in the travel services industry and Conciant and Triangle in the concierge services market.

HTH Worldwide is an innovator and leader in helping world travelers stay safe and gain access to quality healthcare services all around the globe. HTH combines its health and safety research, advanced Internet applications, and extensive experience in designing and delivering international health insurance plans to ensure customers' health, safety and peace of mind. HTH annually serves hundreds of thousands of globalists who leave their home countries for extended periods of business, leisure and study. For more information, visit www.hthworldwide.com.

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