Company expands efforts to fight malnutrition by establishing
dedicated foundation
COPPELL, Texas--(BUSINESS WIRE)--Nov. 5, 2014--
Mannatech®,
Incorporated (NASDAQ:MTEX), the pioneer of nutritional
glycobiology, leading innovator of naturally-sourced
supplements based on Real
Food Technology® solutions, and creator
of the M5M (Mission
5 MillionSM) social entrepreneurial
movement, is proud to announce its plans to launch the M5M Foundation to
facilitate and expand its efforts to combat the epidemic of childhood
malnutrition on a global scale.
According to the World Health Organization, approximately five million
children die each year from issues related to malnutrition. The Mission
5 Million movement, or M5M, represents Mannatech’s commitment to
linking five million consumers of their products with five million
children in need of better nutrition. Leveraging the same technology
used in creating their premium supplements based on Real Food Technology
solutions, Mannatech created PhytoBlend™ powder, a potent product
designed to bolster the nutritional value of the food provided to
children by relief organizations worldwide.*
Since 2010, Mannatech has donated more than $2.9 million dollars toward
the purchase of PhytoBlend powder to help nourish children in 15
countries. This has been made possible through an ongoing relationship
with MannaRelief†, a non-profit
organization that distributes PhytoBlend powder to orphanages and relief
organizations all over the world.
“Mannatech’s vision is to change the lives of millions of children
worldwide who lack proper nutrition,” said Dr. Robert Sinnott, Mannatech
CEO and Chief Science Officer. “What we’ve been able to accomplish by
working alongside MannaRelief has laid an incredible foundation for
seeing this vision realized. The establishment of a dedicated
organization whose sole purpose is to expand and enhance these efforts
is a natural progression for Mannatech and the M5M cause. This is a
pivotal time for our company and the establishment of the M5M Foundation
is a significant landmark for Mannatech. I truly believe this is the
beginning of a new era of hope and health that’s going to change the
world.”
Starting in January 2015, the M5M Foundation will assume responsibility
for all aspects of maintaining and fulfilling the existing partnerships
established by MannaRelief to ensure that there is no disruption of
support to the orphanages and relief organizations currently receiving
PhytoBlend powder. Mannatech’s Director of Human Resources, Sarah Bowen,
has accepted the position of executive director of the M5M Foundation
and will oversee daily operations as well as coordinate the expansion of
the organization’s efforts. Bowen has been a valuable employee of
Mannatech for over nine years and is playing a critical role in helping
to establish the M5M Foundation and facilitate the seamless transition
from MannaRelief.
“I’m incredibly excited to see Mannatech make such a significant move
toward expanding the impact of the M5M cause,” said Bowen. “I truly
believe that this step represents the beginning of a new season for
Mannatech, as well as for me personally. It’s been an honor to serve in
my role at Mannatech and this new position is the perfect opportunity to
build on that time while serving a cause that I truly feel passionate
about.”
Individuals interested in Mannatech’s products or exploring its business
opportunity are encouraged to learn more at Mannatech.com.
† MannaRelief is an
independent, nonprofit organization. It is not owned or operated by
Mannatech, Incorporated.
* This statement has not been evaluated by the Food and Drug
Administration. This product is not intended to diagnose, treat, cure or
prevent any disease.
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. Mannatech is dedicated
to its platform of Social Entrepreneurship based on the foundation of
promoting, aiding and optimizing nutrition where it is needed most
around the world. Mannatech’s proprietary products are available through
independent sales Associates around the globe including the United
States, United Kingdom, Canada, South Africa, Australia, New Zealand,
Austria, Denmark, Germany, Norway, Sweden, the Netherlands, Japan,
Taiwan, Singapore, Estonia, Finland, the Republic of Ireland, Czech
Republic, the Republic of Korea, Mexico and Hong Kong. For more
information, visit 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
Ben Hulet, 972-471-7224
bhulet@mannatech.com