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American Express Retirement Services to Provide BlueStar Recordkeeping, Employee Education and Investment Services for the Flexsys America LP Retirement Plan.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--May 13, 2004

Flexsys America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name.  LP (Akron, Ohio Akron is a city in the U.S. state of Ohio and the county seat of Summit County.GR6 The municipality is located in northeastern Ohio on the Cuyahoga River between Cleveland to the north and Canton to the south, approximately 60 miles (96 km) west of ) has retained American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.  Retirement Services to provide bundled investment management services, daily recordkeeping, trust services, and employee education for its $40 million 401(k) savings plan. The plan will be serviced on American Express Retirement Services' BlueStar(R) platform.

Flexsys America LP serves as the regional headquarters, customer service and technical center for Flexsys--the world's leading supplier of chemicals to the rubber industry. Flexsys is a joint venture owned by Solutia (USA) and Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people.  (Netherlands), and has sales of approximately $500 million employing about 1000 people at over 20 sites throughout the world.

American Express Retirement Services, a service group of American Express Financial Advisors Inc., offers corporations, unions and municipalities, and their nearly 1 million workers nationwide with a complete package of financial education, recordkeeping, investments and trustee services for their qualified retirement plans. For more information on American Express Retirement Services, visit www.americanexpress.com/sponsors.

American Express Financial Advisors Inc. popularized early saving and investing programs for working people more than 100 years ago, helping give rise to financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
, mutual funds and retirement plans in the past century. Today, American Express continues its commitment to individuals and corporations with its Financial Education and Planning Services unit of American Express Retirement Services, which delivers workplace financial education programs to more than 2 million workers nationwide.

First use 05/13/2004

Registered investments and financial planning services are offered through American Express Financial Advisors Inc., Member NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
. American Express Company is separate from American Express Financial Advisors Inc. and is not a broker-dealer Broker-Dealer

A person or firm in the business of buying and selling securities operating as both a broker and dealer depending on the transaction.

Notes:
Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a principal
. Retirement plan and trust-related services are offered through American Express Trust Company.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 13, 2004
Words:282
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