Company Adopts Social Entrepreneurship to Help Fight Global Malnutrition
COPPELL, Texas--(BUSINESS WIRE)--Aug. 29, 2013--
Mannatech®,
Incorporated (NASDAQ: MTEX)
the pioneer of nutritional
glycobiology and leading innovator of naturally-sourced
supplements based on Real
Food Technology® solutions, is
announcing the official launch of its Mission 5 MillionSM movement
at the Branson2013 national conference this weekend in Branson,
Missouri. The Mission 5 Million movement, or M5MSM,
represents the company’s commitment to linking five million consumers
with five million children in need to help fight global malnutrition.
According to the World Health Organization, approximately five million
children are affected each year from issues related to undernourishment.
Mission 5 Million marks a significant shift in Mannatech’s core business
model, and its full commitment to social
entrepreneurship specifically to help address the problem of
undernourishment. Leveraging the same technology used in creating their
premium supplements based on Real Food Technology solutions, Mannatech
created PhytoBlend™ powder, a potent product specifically designed
to bolster the nutritional value of the food provided to children by
relief organizations worldwide. Every time a Mannatech product is
purchased on automatic order, a donation is made to MannaRelief†,
a non-profit organization, who distributes PhytoBlend powder to
orphanages and relief organizations all over the world. This simple
approach allows anyone to help nourish the world by nourishing
themselves with Mannatech products.
In addition, Mannatech created the world’s first revenue-sharing
rewards program for social entrepreneurship, allowing participants
to earn income for championing the M5M movement by connecting consumers
to Mannatech products. Combined with the company’s global infrastructure
and patented product technologies, this revenue-sharing approach allows
the company to actively incentivize those who champion the cause, aiming
to shorten the timeline of reaching five million children in need.
The Branson2013 event, themed “Hope for the Future,” will feature
world-renowned and recently retired pediatric neurosurgeon, as well as
humanitarian and best-selling author, Dr.
Ben Carson. Other presentations focusing on different aspects of
the Mission 5 Million movement will be shared throughout the weekend. In
addition, the company will launch several new web-based tools and share
some upcoming product announcements that will further ignite the M5M
movement.
“By combining the revolutionary technology that our products are based
on with the passion and vision to make an impact in the fight against
global malnutrition, we are marking the beginning of a new era of hope
and health that’s going to change the world,” said Dr.
Robert Sinnott, CEO and Chief Science Officer. “I’m simply proud
to be a part of this company, and a part of this movement.”
The event will be hosted by local Mannatech Independent Associates and
attended by several corporate executives. The event will conclude with
an official M5M flag-planting ceremony to symbolically launch the M5M
era.
To learn more about Mannatech and its Mission 5 Million movement, visit Mannatech.com.
†MannaRelief is an
independent, nonprofit organization. It is not owned or operated by
Mannatech, Incorporated.
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, Hong Kong and Ukraine.
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
Brett Duncan, 972-471-7367
bduncan@mannatech.com