COPPELL, Texas--(BUSINESS WIRE)--Feb. 16, 2016--
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, has announced the official
launch of its operations in Colombia, adding its 25th international
market to the growing list of countries in which it operates.
Mannatech’s expansion into Colombia is part of CEO and President Al
Bala’s vision to make the company more mobile, social and global. Bala’s
drive to make Mannatech known as the top nutritional supplement brand
around the world has been boosted by the company’s first foray into
South America. Mannatech’s entrance into Colombia addresses a need for
better health and wellness among many people in South America.
The entry into Colombia is part of Mannatech’s strategy for expansion in
Spanish-speaking markets. In 2014, the company opened in Spain and has
well-established operations in Mexico. The company has also seen rapid
growth of independent sales Associates from the Latin community in the
U.S. and Mexico, which has helped perpetuate the company’s efforts to
expand into the North American Hispanic and Latin American markets.
“Colombia gives our independent Sales Associates the opportunity to
expand their businesses by introducing Mannatech’s high-quality health,
wellness and skin care products to a whole new region,” said Bala.
“Colombia is the gateway to a population of more than 600 million people
in Latin America and a vibrant and dynamic $1.3 trillion economy. We are
working closely with Associates in U.S. and Mexico who have strong ties
into the Latin American market to help ensure our entry into Colombia is
supported by a critical mass of Hispanic leadership. This will ensure
our operations will have a strong foundation to help Associates grow
their business and further establish our brand as the top nutritional
supplement company in the world.”
To commemorate its official opening of operations, Mannatech Colombia
celebrated on Saturday, February 13 with a ribbon cutting ceremony and
will celebrate in April 2016 with a grand opening event at its
headquarters in Bogota. Mannatech’s Bogota headquarters is located at
Av. Carrera 45 No. 108-27, Torre 2, Office 1206, Centro Empresarial
Paralelo 108.
Mannatech Colombia’s team includes Juan Carlos Arias, Regional Director
of Colombia; Olga Zamudio, Sales Director of Hispanic Markets; and Emma
Avila-Rocha, International Operations Manager.
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, Hong Kong and
Colombia. 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/20160216006123/en/
Source: Mannatech, Incorporated
Mannatech, Incorporated
Kalyn Ballard, 972-471-7245
pr@mannatech.com