Tuesday, January 29, 2008

Okuma America Corporation Company Retains Presidium Retirement Advisers

Presidium Retirement Advisers, Inc., a U.S. SEC Registered Investment Adviser (#801-65318) has been selected by Okuma America Corporation to analyze funds, lower fees, optimize a diverse portfolio, and design an individualized education program for participants in the company retirement plans.

Based in Charlotte, NC, Okuma America Corporation is the U.S. based affiliate of Okuma Corporation, a world leader in the development of computer numeric controls (CNC) and machining technology, founded in 1898 in Nagoya, Japan. The Charlotte location is the headquarters for the manufacturing and training facilities for the North and South American operations.

"Presidium offers the whole package - in addition to offering 401-K fund selection assistance, they also provide education to employees on investing and individual investment optimization for each employee," stated Lisa Rummel, Vice President of Finance for Okuma America Corporation.

"Okuma values Presidium's personal interaction with each employee. Presidium held 30 minute sessions with each individual employee to discuss the best investments suited for their lifestyles," Rummel noted.

Prior to partnering with Presidium, Okuma's 401k investment program was coordinated through an employee-based committee. "Okuma has a well-educated employee base that was skeptical of the need for assistance in the investment process, but the results truly speak for themselves. The members are very pleased to have access to this resource," Rummel added.

About Presidium Retirement Advisers, Inc.

Presidium Retirement Advisers, Inc. a United States SEC Registered Investment Adviser (#801-65318) that identifies and corrects costly inefficiencies in company retirement programs. More information can be found on their website at http://www.presidiumadvisers.com/ .

About Okuma

Okuma America Corporation is the US based affiliate of Okuma Corporation, a world leader in the development of computer numeric controls (CNC) and machining technology, founded in 1898 in Nagoya, Japan. Okuma is known for its technology leadership and world-class manufacturing, product quality and dedication to customer service. Okuma products are used in the automotive, aerospace and defense, construction and farming equipment, oil and energy, medical, mold and die, and fluid power industries.


http://www.earthtimes.org/articles/show/news_press_release,246172.shtml

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