COPPELL, TX, Jul 15, 2005 (MARKET WIRE via COMTEX) -- Mannatech, Incorporated (MTEX) announced that Mannatech Taiwan recently held their "Opening Celebration and Seminar" with over 600 international sponsors, Taiwanese Associates and invited guests. The seminar, held at the Taiwan International Conference Center, was highlighted by a welcoming presentation by Taiwan General Manager Jolene Kuo, a product technology presentation by Dr. Stephen Boyd, Mannatech's Medical Director Health Sciences and a commitment to the support of growth in Taiwan from Mannatech's International President, Jack Crowley. "The attendees were enthusiastic about the Company and its products and filled with excitement for the opportunity represented by the Mannatech business model," stated Jack Crowley.
Sam Caster, Mannatech's Founder, Chairman and CEO, commented, "We are extremely excited about our entry into the Taiwan market and proud of the enthusiasm with which our entry has been received. The citizens of Taiwan are known for their strong spirit of entrepreneurialism and their commitment to health and wellness. We see this as a perfect combination for the acceptance of our unique, scientifically based products and the business opportunity represented by our network-marketing model. With the expansion of our business into Taiwan, we are realizing another step to share our products and our opportunity on a global basis."
Based in Coppell, Texas, Mannatech, Incorporated is a wellness solutions provider that develops innovative, high-quality, proprietary nutritional supplements, topical products and weight management products, which are sold through a global network marketing system throughout the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, South Korea and Taiwan.
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 "may," "believes," "estimates," "projects," " well positioned," "feels," and "plans" 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 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 its expectations, statements, and assumptions reflected in these forward-looking statements are reasonable, it cautions its 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 other filings filed with the 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.