COPPELL, Texas, Nov. 14 Mannatech, Incorporated(Nasdaq: MTEX), a leading developer and provider of dietary supplements andskin care solutions, hosted its annual Korea Convention at Seoul Olympic Parkin Seoul, the Republic of Korea, October 27, 2007, with approximately 2,000Mannatech Associates and Members from South Korea in attendance.
The convention, carrying the theme "Redefining Wellness" to reflectMannatech's focus on health and nutrition, celebrated the third anniversary ofthe opening of the South Korean market. Today, South Korea is Mannatech'sfastest-growing market.
"Our South Korea convention recognizes the top independent salesAssociates and Members for their contributions and success," said TerryPersinger, president and CEO of Mannatech. "Focusing on wellness and increasedsales opportunities internationally, their Associates and Members have guidedSouth Korea to dramatic growth over the last 12 months."
Mannatech began selling products in South Korea in September 2004. Today,Mannatech's products are sold in 10 countries, including the United States,Canada, Australia, the United Kingdom, Japan, New Zealand, Germany, Taiwan andDenmark.
Mannatech, Incorporated, is a global wellness solutions provider ofinnovative, high-quality, proprietary nutritional supplements, topical andskin care products, and weight management products sold through independentassociates and members located in the United States and the internationalmarkets of Canada, Australia, the United Kingdom, Japan, New Zealand, theRepublic of Korea, Taiwan, Denmark, and Germany.
Please Note: This release contains "forward-looking statements" within themeaning of Section 27A of the Securities Act of 1933, as amended, Section 21Eof the Securities Exchange Act of 1934, as amended, and the Private SecuritiesLitigation Reform Act of 1995. These forward-looking statements generally canbe identified by use of phrases or terminology such as "intend" or othersimilar words or the negative of such terminology. Similarly, descriptions ofMannatech's objectives, strategies, plans, goals or targets contained hereinare also considered forward-looking statements. Mannatech believes thisrelease should be read in conjunction with all of its filings with the UnitedStates Securities and Exchange Commission and cautions its readers that theseforward-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, increasesin competition, litigation, regulatory changes, and its planned growth intonew international markets. Although Mannatech believes that the expectations,statements, and assumptions reflected in these forward-looking statements arereasonable, it cautions readers to always consider all of the risk factors andany other cautionary statements carefully in evaluating each forward-lookingstatement in this release, as well as those set forth in its latest AnnualReport on Form 10-K and Quarterly Report on Form 10-Q, and other filings filedwith the United States Securities and Exchange Commission, including itscurrent reports on Form 8-K. All of the forward-looking statements containedherein speak only as of the date of this release.Contact Information: Gary Spinell, Vice President Investor Relations 972-471-6512 [email protected]
Corporate website: http://www.mannatech.com
SOURCE Mannatech, Incorporated