FLOWER MOUND, Texas--(BUSINESS WIRE)--Apr. 10, 2018--
Mannatech,
Incorporated (NASDAQ: MTEX), a global health and wellness
company, announced the date and time for its ribbon-cutting celebration
at its new corporate headquarters at 1410 Lakeside Parkway, Flower
Mound, Texas at April 27, 2018 at 6:00pm Central time.
“We are very excited to be moving into this new building in Flower
Mound,” said Al Bala, CEO of Mannatech,
Incorporated. “Our new, upgraded global headquarters will better meet
our needs and will help propel our global growth.”
Among the invited attendees at the ribbon-cutting celebration are 70 of
Mannatech’s top independent sales associates from around the world,
Mannatech’s executive team and Flower Mound Mayor Tom Hayden.
The ribbon-cutting celebration will be the first official event of
Mannatech’s annual global convention, MannaFest,
which will run from April 27 to May 1, 2018, primarily at the Gaylord
Texan Resort in Grapevine, Texas.
“MannaFest is always a big event, and this year, in addition to the
biggest product launch in company history, it’s fitting that we’ll also
launch our new global headquarters,” said Bala. “This new building is
meant to honor our associates. We have an absolutely beautiful new
Recognition Hall that will do just that, and we’re eager to share it
with them. This is really something for the associates to be proud of.
This is about them, and this is about increasing our ability to serve
them and support them.”
“We are pleased to welcome Mannatech to Flower Mound,” said Flower
Mound’s economic director, Andrea Roy. “Their new home will provide
modern and efficient space designed to meet the needs of this
leading-edge company. Mannatech’s many annual events will attract a
significant number of visitors from all over the world, further
contributing to our local economy and elevating the town’s profile.”
Mannatech has leased approximately 53,000 square feet of existing space
in the Lakeside Business District. Flower Mound’s economic development
staff estimates Mannatech’s relocation will bring in an additional
$180,000 in sales tax revenue to the town.
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 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 the expectations, statements and assumptions reflected in these
forward-looking statements are reasonable, it cautions readers to always
consider all 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 the forward-looking statements contained herein speak
only as of the date of this release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180410006140/en/
Source: Mannatech, Incorporated
Mannatech, Incorporated
Ben Mayo
pr@mannatech.com