Mannatech Begins Selling Products in Austria, Norway, Sweden, and the Netherlands
High-Quality Wellness Solutions and Business-building Opportunity Available
Coppell, TX, September 8, 2009 – 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 it is selling products in Austria, Norway, Sweden and the Netherlands as of September 5. With this opening, independent sales Associates are eligible for enrollment and can place orders in these countries.
Opening celebrations were held in Austria, Norway and Sweden to give Associates and guests in each country a chance to meet one-on-one with the Mannatech corporate staff and European Associate leaders to learn about the company’s proprietary wellness products, business-building opportunity and competitive compensation plan.
“Mannatech Europe’s growth is a result of our eager independent sales Associates who seek wellness, purpose, financial freedom and the chance to impact the lives of others,” said Colin Jones, general manager of Mannatech Europe. “Leading these efforts and seeing our expansion to 37 million people through the combined populations of these four additional markets come to fruition is a privilege.”
Because Mannatech’s strategy of integrating physical and financial wellness has been attractive in international countries where products are currently available, this newest expansion has been preceded by a significant amount of anticipation from the company’s global Associate base.
“Over the past 20 years I have helped launch more than 39 international expansions, but opening four countries at the same time is a first for me,” said Al Bala, senior vice president, global business development. “This is quite an exciting event and certainly an indicator that Mannatech has taken a very aggressive stance in international expansion.”
Wayne Badovinus, president and CEO of Mannatech added, “This expansion is a testament of our commitment to the long-term success of our Associates because it allows an increased ability to build their businesses in Europe and also provides a platform for further expansion.”
Among the products available for purchase are the company’s Advanced Ambrotose® capsules and powder, Ambrotose AO® capsules, multi-vitamin/mineral supplement PhytoMatrix® caplets, PLUS™ tablets and OsoLean™ fat loss powder.
Mannatech’s cutting-edge, proprietary products are based on the foundation of nutritional science in order to deliver the highest quality available. In the past five years alone, Mannatech has invested more than $20 million in world-class research and development of these proprietary technologies. In particular, the company has distinguished itself in the emerging glyconutrition market through the development of Ambrotose® complex, the technology for which it holds more than 45 patents in 30 countries. Glyconutrients are a blend of plant polysaccharides which are believed to represent a new category of untapped vital nutrients for optimal health.
Mannatech is a worldwide leader within the wellness industry and a member in good standing of the Council for Responsible Nutrition and the Direct Selling Association. Many of Mannatech’s products are certified by NSF International, an organization within the natural products industry committed to protecting public health and safety. Mannatech also guarantees customer satisfaction; if a customer is not completely satisfied, they can return the product within 180 days for a full refund.
Individuals interested in Mannatech’s products or in exploring our business opportunities can learn more at new.mannatech.com.
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 https://new.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 ”believe” 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 newinternational 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.
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