COPPELL, Texas--(BUSINESS WIRE)--Dec. 31, 2015--
Mannatech,
Incorporated (NASDAQ: MTEX),
the founder of the M5MSM
(Mission 5 MillionSM) Foundation, the pioneer of
nutritional glycobiology and the global innovator of naturally sourced
supplements based on Real
Food Technology® solutions, will kick off its annual
Presidential Summit event in Maui, Hawaii, at the Fairmont Kea Lani
Hotel and resort on January 4. This annual event rewards the successful
efforts of its top global business entrepreneurs.
In addition, this elite group will be among the first to witness new
changes and initiatives that will create a “new” Mannatech. The elements
making up the new Mannatech will be revealed to all of its independent
sales Associates in April at the company’s largest annual event, MannaFest℠,
in Dallas, Texas. These changes include:
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A new state-of-the-art back office, allowing Associates to better
manage all aspects of their business
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New wellness and weight management products that will enhance
Mannatech’s glyconutritional product line to help Associates grow
their business
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A new brand with a new look and feel, and a clear, concise and
compelling story for Associates to share with others
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A new compensation plan that will be the model for the direct sales
industry
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Leadership training and support that focuses on creating an
entrepreneurial culture of compliance and service to support
Associates’ success
These new initiatives demonstrate the company’s commitment to helping
Associates build a business and make a difference, which is the first
priority of Mannatech’s new CEO and President, Al Bala.
“Mannatech is transforming from the inside out to be more
Associate-focused,” said Bala. “The new Mannatech will be more modern,
competitive and sustainable as we build on our foundation of
glyconutritional technology that enables our Associates to build safe,
long-term businesses. Additionally, the new Mannatech will enable
Associates to be more entrepreneurial and help them to run their
business more effectively. We are excited to divulge this plan to our
hardworking Associate leaders at Summit, and I am confident that it will
propel them to begin the first quarter of 2016 stronger than ever.”
Another new initiative the company will launch is the announcement of
its first-ever Chairman’s Club, an exclusive group of Mannatech’s top
active Associates from around the world. This elite status for its top
leaders will be revealed during the Chairman’s Club dinner in Maui,
Hawaii on January 3 by Mannatech’s Chairman of the Board, Stanley
Fredrick, prior to the kick off of the Summit event.
These 28 top-performing, global leaders have been invited to join
corporate executives in Hawaii before the event to spend three
additional days of leisure as a reward for their success with their
Mannatech business.
The first-ever Chairman’s Club members come from around the globe and
include Rodney Gilchrist, Hongsong Ma, Alma Jean Peters, Julia Zhu,
Sungwoo An, Ji Man Jeong, Young Soo Kang, Soo Kyung Kim, Changsun Kim,
Myungjoon Kim, Myungjin Lee, Sang Mi Park, Jeong Min Shin, Myung Hee
Song, JP Koster, Louis and Vinzent Van der Linde, Helena Wilken, Lora
Enabnit, Luciano Fidalgo, Johanna Bala, Merri-jo Hillaker, Steve Hines,
Wendy Kremer, Yuji Seki, Satoe Nammo, Ray Robbins, Anita Robutka and
Gary Sanford.
To further commemorate and congratulate this elite group, Mannatech will
reward them with special perks and Chairman’s Club-logoed gifts.
Individuals interested in Mannatech’s products can learn more at Mannatech.com.
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 childhood nutrition where it is needed
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, Spain 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 “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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151231005224/en/
Source: Mannatech, Incorporated
Mannatech, Incorporated
Kalyn Ballard, 972-471-7245
pr@mannatech.com