Mannatech Launches NutriVerus(TM) Multi-Nutritional Supplement at Annual
COPPELL, Texas, Apr 23, 2012 (BUSINESS WIRE) --Mannatech, Incorporated (NASDAQ: MTEX), the leading innovator and provider of naturally sourced supplements based on Real Food Technology(R) solutions, officially launched its newest nutritional supplement, NutriVerus powder, at the company's MannaFest 2012 convention, April 12-14. NutriVerus powder contains essential vitamins and minerals, antioxidants, glyconutrients, stabilized rice bran and organic fruits and vegetables. All active components of the product come from natural, real-food sources. The supplement is available in powder form and is designed to be flavor-neutral so it can be easily added to any drink or meal, boosting the nutrition of anything you eat.
Watch this short video to learn more about NutriVerus powder and how it works.
At MannaFest 2012, the product was made available for purchase by event attendees, along with several other Mannatech products. Total sales onsite at the event's storefront were up 76% from MannaFest 2011 sales and up 96% from MannaFest 2010 sales. Sales from NutriVerus powder account for much of this increase, making up approximately 46% of the total sales at the 2012 event.
"NutriVerus powder offers nutrition the way your body wants it," said Mannatech CEO and Chief Science Officer Dr. Robert Sinnott. "This product is the culmination of more than six years of research and development and represents the best of Mannatech's technologies in a single product. NutriVerus powder leverages the technologies of more than 60 global patents. Mannatech has always been known as innovators in nutritional supplementation, but with NutriVerus powder, we are moving boldly into a new era of value innovation. This will allow us to make our unique, pioneering technologies available to more people in more markets."
NutriVerus powder will be available for sale on May 1, 2012, in the United States. Mannatech will launch the product in its other 21 markets throughout the rest of 2012 and the first part of 2013.
Individuals interested in Mannatech's products or in exploring its business opportunities can learn more at 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. 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, Canada, South Africa, Australia, New Zealand, Austria, Denmark, Germany, Norway, Sweden, the Netherlands, the United Kingdom, Japan, Taiwan, Singapore, Estonia, Finland, the Republic of Ireland, Czech Republic, the Republic of Korea, Mexico and Namibia. 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 "believe," "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.
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SOURCE: Mannatech, Incorporated
Brett Duncan, 972-471-7367