COPPELL, Texas--(BUSINESS WIRE)--Mar. 16, 2016--
Mannatech®,
Incorporated (NASDAQ: MTEX), the founder of the M5MSM
(Mission 5 MillionSM) Foundation, the pioneer of
Glyconutrition and the global innovator of naturally-sourced supplements
based on Real
Food Technology® solutions, announced the results of its
charitable giving to the M5M
Foundation during 2015, which amounted to more than $1 million.
In total, these donations enabled more than 17 million servings of the
company’s nutrient-dense PhytoBlend™ product to be given to
more than 48,000 children in need in nine countries around the world on
a daily basis.
Donations from Mannatech to the M5M Foundation are triggered directly
from individual product orders. When anyone orders nutritional products
for themselves from Mannatech, they are also helping fight global
malnutrition.
“It is an honor to partner with the M5M Foundation to help combat
childhood malnutrition; and in 2015 we made great strides in that
effort,” said Mannatech CEO and President and M5M Foundation Board
Member, Al Bala. “The Mission 5 Million cause is the heart behind so
many Mannatech businesses. This year we will be increasing our efforts
by beginning clinical trials on PhytoBlend to gain additional insight
into how it improves quality of life. We will also enhance the
PhytoBlend formula to contain even more nutrients. I look forward to
seeing this movement gain more ground in 2016 with Mannatech’s continued
support.”
Mannatech Associates and vendors will be invited to attend an exclusive
M5M gala at the company’s global MannaFestSM
event in Dallas, Texas on April 9. Associates will also learn about
opportunities to visit M5M partners in other countries and deliver
PhytoBlend.
The M5M Foundation is an independent 501c (3) non-profit charity
organization. It officially launched on January 1, 2015 in partnership
with Mannatech to help link five million consumers of Mannatech’s Real
Food Technology supplementation with five million children in need. The
M5M Foundation acts as an ambassador for these children by delivering
the gift of better nutrition which Mannatech provides through its
PhytoBlend product.
Mannatech’s PhytoBlend powder is designed to help in the fight against
global malnutrition by providing children in need with valuable,
supplemental nutrition that mixes easily into the foods they’re already
eating. PhytoBlend powder contains nutrients from plants and other
natural sources, allowing children to receive standardized and
nutritionally beneficial amounts of vitamins, minerals and
phytonutrients in a natural form unique to the industry.
“I couldn’t be more proud of the M5M Foundation’s accomplishments in its
first year,” said M5M Executive Director, Sarah Bowen. “With Mannatech’s
help, we were able to efficiently distribute 41 percent more PhytoBlend
than previous years due to a new structure and streamlined process that
we have found to be more effective. I can’t wait to see what we can do
together in this next year, and I look forward to reaching even more
children with help from all of our partners.”
For more information on Mannatech’s products, or to explore its business
opportunity, visit 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 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, Spain, the United Kingdom,
Japan, Taiwan, Singapore, Estonia, Finland, the Republic of Ireland,
Czech Republic, the Republic of Korea, Mexico, Namibia, 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 “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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160316005211/en/
Source: Mannatech, Incorporated
Mannatech, Incorporated
Raquel Mooring, 972-471-1532
rmooring@mannatech.com