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Oki Data Americas Promotes James J. Hargadon To Executive Vice President.

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MOUNT LAUREL, N.J.--(BUSINESS WIRE)--Jan. 5, 2004

Oki Data Americas, Inc., a leading manufacturer of printers, fax machines and multifunction products, today announced the promotion of James J. Hargadon, 50, of Glenside, PA to the post of executive vice president and chief financial officer.

Mr. Hargadon has served as senior vice president and chief financial officer since August, 1992.

Mr. Hargadon will maintain his current responsibilities, which include Human Resources, Finance, Legal Affairs, Facilities, Information Systems, and Operations, and will continue to report directly to the President and CEO, Stew Krentzman.

Mr. Hargadon will continue to serve on the Board of Directors for Oki Data Americas, Inc., and act as President and Board Member for both Oki Data de Mexico, S.A de C.V., and Oki Data do Brasil Ltda.

"Jim Hargadon has been a guiding force at Oki Data for over 25 years and has been instrumental in our ongoing, profitable growth," Mr. Krentzman said. "I will be counting on Jim for his vision, wisdom and leadership regarding the growth and management of our company, especially as we continue our expansion into the digital color printer market."

About James Hargadon

Mr. Hargadon has over 25 years experience in the areas of Management and Finance. Prior to joining Oki Data in May of 1977, Mr. Hargadon spent two years at Decision Data Computer Corporation as a Cost Accountant.

Mr. Hargadon graduated Cum Laude from Widener University (Chester, PA) in May of 1975 with a Bachelor of Science Degree in Accounting, Economics and Management.

Mr. Hargadon is a Founding Board Member of the Japan America Society of Greater Philadelphia and is on the Executive Advisory Council for Rutgers University's School of Business.

Mr. Hargadon is married with three children.

About Oki Data Americas, Inc.

Oki Data Americas, Inc., headquartered in Mount Laurel, N.J., and a subsidiary of Oki Data Corporation of Japan, supplies PC peripheral equipment including color digital LED printers, serial impact dot matrix printers, multifunction products and facsimiles. Known for durable and reliable products, Oki Data is ISO 9001:2000 certified and also offers a full line of options, accessories and consumables. Its entire line of products complies with the EPA's Energy Star(R) Program. Oki Electric Industry Co., Ltd., parent company to Oki Data Corporation, is a $5.9 billion multinational corporation with headquarters in Tokyo and is a world leader in information processing systems, telecommunications and electronics.

For more information about Oki Data or OKI products and services, visit the Oki Data Web site: www.okidata.com.

OKI Reg. T.M. Oki Electric Industry Co., Ltd.
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Publication:Business Wire
Date:Jan 5, 2004
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