DALLAS--(BUSINESS WIRE)--Aug. 26, 2002--Natural Health Trends Corp. (OTCBB:NHTC) announced today that it has entered into a formal letter of intent with NuEworld.com, Inc. to merge NuEworld.com with its subsidiary, Lexxus International, Inc.
"NuEworld.com is a three year old network marketing company with one of the most dynamic membership cultures and one of the best marketing and training infrastructures in the industry," said Lexxus CEO, Terry LaCore.
"The combined strengths of these two companies are so cohesive that this merger will create the foundation for the most influential international company in the network marketing industry," said Alex Arnold, Chairman of NuEworld.com.
Scott Mercker, CEO of NuEworld.com, said, "The joining of the NuEworld culture with the Lexxus global distribution is an historic event for network marketing."
Paul Rogers, Vice President of Sales & Marketing for NuEworld.com, added, "Our affiliates win with great products, a worldwide seamless compensation plan, and instant access into 25 countries. Our customers win with products that make a personal impact. Lexxus wins with the influx of a culture based on creating greatness in peoples' lives - worldwide."
"With the addition of Alex, Scott and Paul, it will allow us to execute on our global business model much faster as we have added such quality and talented individuals to our management team," said NHTC President, Mark Woodburn.
About Natural Health Trends Corp.
Natural Health Trends Corporation is a holding company for two operating subsidiaries, ekaire.com, Inc., which sells nutritional supplements and vitamins and Lexxus International, Inc. Lexxus, started in January 2001, markets and sells the revolutionary product, Alura(TM). Alura, developed by a leading gynecologist, is a quality-of-life product that contains ingredients to help promote clitoral sensitivity and to help improve the opportunity for women to achieve greater sexual satisfaction.
Investors looking for information pertaining to Natural Health Trends Corp. or any of its subsidiaries are encouraged to look up http://www.nhtc.ws on the Internet or by contacting Investor Relations Services, Inc. at 386/409-0200 or on the Internet at http://www.invrel.net. Shareholders are encouraged to register for updated information on the corporation via e-mail at the website.
When used in Form 10-QSB and in future filings by the Company with the Securities and Exchange Commission, the words "will likely result", "the Company expects", "will continue", "is anticipated", "estimated", "projected", "outlook" or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. The Company wishes to caution readers not to place undue reliance on such forward-looking statements, each of which speak only as of the date made. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. The Company has no obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of such statements.