Mannatech's Patents Further Validated with Judgments against Seven
Companies
Companies
COPPELL, Texas, Jul 01, 2010 (BUSINESS WIRE) --
Mannatech, Incorporated (NASDAQ: MTEX), a global pioneer in the development of high-quality health, weight and fitness and skin care solutions based on nutritional science, announced today the entry of Agreed Judgments in a lawsuit against Micro Health Solutions, Wy's Enterprises of Springfield, Florida Nutri Labs, Angel Care, USA, and New Sun,prohibiting all five companies from the manufacture, use or sale of products infringing Mannatech's patents for its proprietary Glyconutrient technology.
Mannatech filed a lawsuit against these five companies, as well as EvenBetterNow, LLC,Oasis Advanced Wellness, LLC, Roex, Inc., VDF FutureCeuticals, Inc., and Country Life, LLC, in March 2010 in the United States District Court for the Northern District of Texas, Dallas Division, alleging infringement of four of Mannatech's patents (U.S. Patents 6,929,807; 7,157,431; 7,199,104; and 7,202,220).United States District Judge Reed O'Connorentered his judgments against these five companies in June. Judgments against EvenBetterNow and Oasis were previously entered in April.
"We are proud to obtain successful judgments against seven of the ten companies in this lawsuit and we intend to vigorously pursue our claims against the remaining defendants," said Keith Clark, Mannatech executive vice president and chief legal officer. "This is a significant milestone for Mannatech in defending the strength and validity of our brand, products and patents."
The court judgments all include broad injunctions that prohibit Micro Health Solutions, Wy's Enterprises of Springfield, Florida Nutri Labs, Angel Care, USA, and New Sun from "making, using and offering to sell, selling, or otherwise distributing within the United States, or importing into the United States the infringing products as well as colorable imitations" as well as "providing assistance to others in making, using, offering to sell, selling, or otherwise distributing [infringing products] within the United States, or importing into the United States."
Additionally, the judgments prohibit the five companies from supplying all or a substantial portion of the components of products that would infringe the patents in suit.
The previous judgments entered against EvenBetterNow and Oasis as well as these five judgments resolve the claims against seven of the ten companies that Mannatech recently filed a lawsuit against for infringing on its patents. Mannatech is represented by Eric Pinker, Mark Turk and Renee Strickland, with the Dallas-based litigation firm of Lynn Tillotson Pinker & Cox, LLP.
Mannatech has distinguished itself in the emerging glyconutrients market through the development of Ambrotose complex. Mannatech holds more than 45 patents in 30 countries for its Glyconutrient technology. Glyconutrients are dietary ingredients containing beneficial amounts of carbohydrates which are believed to represent a new category of untapped vital nutrients for proper nutrition.
Many of Mannatech's products are based on Real Food TechnologySM solutions, which provide consumers with products that contain standardized levels of natural and plant-sourced nutrients. Food-sourced ingredients are chosen from those scientifically proven to most benefit the human body.
Individuals interested in Mannatech's products or in exploring its business opportunity can learn more at mannatech.com.
About Mannatech
Mannatech, Incorporated develops high-quality health, weight and fitness, and skin care products that are based on the solid foundation of nutritional science and development standards. These proprietary products are available through independent sales Associates around the globe including the United States, Canada, South Africa, Australia, New Zealand, Austria, Denmark, Germany, Norway, Sweden, the Netherlands, the United Kingdom, Japan, Taiwan, Singapore and the Republic of Korea. For more information, please visit www.mannatech.com.
Please Note: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of phrases or terminology such as "intend" or other similar words or the negative of such terminology. Similarly, descriptions of Mannatech's objectives, strategies, plans, goals or targets contained herein are also considered forward-looking statements. Mannatech believes this release should be read in conjunction with all of its filings with the United States Securities and Exchange Commission and cautions its readers that these forward-looking statements are subject to certain events, risks, uncertainties, and other factors. Some of these factors include, among others, Mannatech's inability to attract and retain associates and members, increases in competition, litigation, regulatory changes, and its planned growth into new international markets. Although Mannatech believes that the expectations, statements, and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and other filings filed with the United States Securities and Exchange Commission, including its current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.
SOURCE: Mannatech, Incorporated
Mannatech, Incorporated
Erin Groover, 972-499-6641
erin.groover@hck2.com