Mannatech, Incorporated (NASDAQ: MTEX), the leading developer and provider of nutritional supplements and skin care products based on Real Food Technology® solutions, announced it will expand its European presence by opening business operations in the Republic of Ireland, Finland, Estonia and the Czech Republic in the summer of 2011.
“We are passionate in supporting people looking to improve their lives through healthy living and building a business,” said Randy Bancino, president of Mannatech’s international business. “This expansion highlights our company’s focus on providing this option globally.”
Expanding business operations in these four countries complements the company’s existing presence in the United Kingdom, Germany, Denmark, Norway, Sweden, Austria and The Netherlands. Together, Mannatech now has a presence in 21 countries internationally.
Among the products offered will be Mannatech’s Advanced Ambrotose® capsules and powder, Ambrotose AO® capsules, Phytomatrix™ caplets, Plus™ tablets and Essential Source™ Omega-3 capsules.
Mannatech has distinguished itself in the emerging wellness and glyconutrient markets through the scientific development of its proprietary Ambrotose® complex. This technology holds more than 48 patents in 30 countries around the world. Many of Mannatech’s products, including Ambrotose, are based on Real Food Technology solutions, which provide consumers with products that contain standardized levels of natural and plant-sourced nutrients.
There are currently more than 340,000 individuals living in these countries involved in direct sells creating €230 million in annual revenue, which is equal to $317 million in U.S. dollars.
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 Entrepreneurism based on the foundation of promoting, aiding and optimizing nutrition where it is needed most 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, the Republic of Korea and Mexico. For more information, visit Mannatech.com.