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| The International Business Network is not currently active and cannot accept new posts | Mannatech Global Expansion Reaches Singapore | Views: 273 | Oct 08, 2008 10:09 am | | Mannatech Global Expansion Reaches Singapore | # | Doug Edwards | | Company to begin selling wellness products throughout country in Fourth Quarter 2008
Coppell, TX, September 18, 2008 - Mannatech, Incorporated (NASDAQ - MTEX), a leading developer and provider of dietary supplements and skin care solutions, announced today it will begin selling products in Singapore in the fourth quarter of 2008. Among these products will be the company’s Advanced Ambrotose® capsules and powder, Ambrotose AO® capsules, MannaMatrix™ caplets (multi-vitamin/mineral supplement known as PhytoMatrix® caplets in the U.S.) and Plus™ tablets.
Initially, the Singapore business will be operated and managed from Mannatech’s Australian headquarters with the Singaporean office expected to open sometime in the first half of 2009.
“Given our track record for global expansion success, we are looking forward to entering the Singapore market where we know there is already an interest in Mannatech products,” said Wayne Badovinus, president and CEO of Mannatech. “Opening in Singapore is a natural progression for Mannatech since we have had success in numerous Asian markets. Singapore’s culture and traditions relative to personal health align well with Mannatech’s emphasis on the combination of optimal health and financial wellness.”
Singapore is a main island and a series of smaller islands with a total area of 240 square miles. More than 500,000 people (11 percent of the population) are recorded as being active in direct selling. In 2006, the total value of the direct selling market was reported to be $302 million (U.S.).
About Mannatech
Mannatech, Incorporated, is a global wellness solutions provider of innovative, high quality, proprietary nutritional supplements, topical and skin care products, and weight management products sold through independent associates and members located in the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, the Republic of Korea, Taiwan, Denmark, Germany, and South Africa. For more information please visit http://www.mannapages.com/DougEdwards or http://www.sfh.mtexpro.com/goland1/RyzeI
In addition, I can be reached by phone.....781-264-5136 or Skype.....manna-biz To Your Success, DougPrivate Reply to Doug Edwards | |
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