COPPELL, Texas, Aug. 7, 2014 /PRNewswire/ -- Mannatech®, Incorporated (NASDAQ: MTEX) ), the pioneer of nutritional glycobiology and leading innovator of naturally sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, was recently named in the listing of Dallas/Fort Worth's top publically traded companies for the fiscal year 2013, as published by The Dallas Morning News.
Total revenues generated by the 150 companies listed totaled more than $930 billion, which was 4.5% higher than the previous year. As mentioned in one article, "With a strong economy and a good job market, Dallas and other Texas cites have been the No. 1 destination for out-of-state workers from places such as California and Florida since 2006."
Mannatech was listed at the 102nd spot on the list. For its fiscal year 2013, which ended December 31, 2013, Mannatech reported net sales of $177.4 million, up 2.3% from $173.4 million for 2012. "We're proud to be an important part of such a strong local economy, and we celebrate and honor all of our colleagues joining us on this prestigious list," said Mannatech CEO and Chief Science Officer Dr. Robert Sinnott. "As a management team, we're proud to see the fruit of many months and years of focused planning and execution. Our continued focus on global growth and creating truly innovative nutritional products poises us to continue in these improvements for a long time to come."
Mannatech was founded in 1993, and is based in Coppell, Texas. Those interested in Mannatech, its products, its social entrepreneurial efforts or its rewards program can visit Mannatech.com for more information.
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, 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, Namibia 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 "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.
SOURCE Mannatech, Incorporated
Mannatech, Incorporated, Ben Hulet, 972-471-7224, bhulet@mannatech.com