CHATSWORTH, Calif. & NUTLEY, N.J., Oct 26, 2006 (BUSINESS WIRE) -- Natrol, Inc. (NTOL) , a premier manufacturer and distributor of nationally branded nutritional products, today announced it has entered into an exclusive manufacturing and distribution arrangement with H57 Nutrition for Original South African H57(TM) Hoodia.
Through the strength of H57 Nutrition's national marketing and branding efforts, H57 Hoodia has become one of the top selling brands of weight control supplements in the U.S.
"We are delighted with this exclusive arrangement involving H57 Hoodia," said Wayne M. Bos, Natrol's President and CEO. "It is another important step in Natrol's corporate development, and demonstrates our commitment to systematic implementation of our strategic growth plans. This arrangement will strengthen our presence in one of the biggest categories, weight control, and enable Natrol to develop broader and deeper-penetrating marketing programs."
Kelly Lockwood, CEO of H57 Nutrition, said, "With the increased consumer demand for South African Hoodia-based products, we are confident that our arrangement with Natrol will enable us to meet the future demands of our customers." Mr. Lockwood continued, "We are thrilled to work with such an excellent company in the dietary supplement industry. H57 is already a household name, and we believe our association with Natrol will take it to a new level."
Founded in 1980, Natrol, Inc. (NTOL) is a diversified nutrition company that manufactures and distributes premium-branded nutritional supplements, herbal teas and sports nutrition products under the Natrol(R), Laci Le Beau(R) and Prolab(R) brands, respectively. Natrol markets approximately 50 product categories with more than 500 stock-keeping units (SKU's) designed to meet a wide range of consumer needs. The products are available at thousands of food, drug, mass market and independent health food stores, catalogs and Internet sites, gyms and specialty stores nationally and in select foreign countries. For more information, visit www.natrol.com.
About H57 Nutrition
H57 Nutrition is a proud sponsor of NASCAR(R), Hawaiian Tropic(R), ASA Action Sports and NHRA(R), and supports many charitable organizations.(a) H57 Hoodia is a convenient pre-meal, appetite control thermogenic product used in conjunction with the H57 Diet Plan by celebrities and others seeking to shed unwanted pounds and stay slim.(b) For more information, visit www.h57.com.
The statements made in this press release which are not historical facts including statements regarding expectations for future growth of revenue and profits and trends concerning net sales, are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. As a result of a number of factors, Natrol's actual results could differ materially from those set forth in the forward looking statements. Certain factors that might cause Natrol's actual results to differ materially from those set forth in the forward looking statements include Natrol's ability to implement its business plans, acquire or integrate future acquisition candidates, Natrol's ability to retain and attract management or key employees, adverse trends in the dietary supplements industry, intense competition, adverse effects of unfavorable publicity regarding particular products or the dietary supplement industry generally, Natrol's dependence on the introduction of successful new products, Natrol's ability to gain market share and shelf space in each of its distribution channels, Natrol's experiencing high rates of product returns and adverse government regulation, as well as those factors set forth under the heading "Risk Factors" in Natrol's annual report on Form 10-K for the year ended December 31, 2005 and Natrol's other filings with SEC.
(a) All trademarks and registered trademarks are the property of their respective owners.
(b) These statements have not been evaluated by the Food and Drug Administration. H57 Hoodia is not intended to diagnose, treat, cure or prevent any disease.