Plans Opening in October, 2003
CHESTERFIELD, Mo., July 28 -- Reliv International, Inc. (Nasdaq: RELV), an international manufacturer and network marketer of nutritional supplements and other products, today announced that it has received a license to conduct direct selling in Malaysia and plans to initiate sales in Malaysia on October 1, 2003.
Stephen Merrick, Senior Vice President - International Development, at Reliv's international conference on July 26, 2003, to a record 5,000 distributors in attendance, stated that, "The Department of Trade and Industry has issued a license to Reliv International Sdn. Bhd. to conduct direct sales in Malaysia. We are delighted that the Department took the unusual step of granting a five year license to Reliv instead of the one-year license customarily issued to new applicants."
Reliv has established an office in Kuala Lumpur, the capital of Malaysia, and expects to be fully operational, and to be conducting sales, by October 1, 2003. A grand opening event for the country will be scheduled for March, 2004.
"Our entry to Malaysia is the result of months of preparation by our international team," said David Kreher, Chief Operating Officer of Reliv. "We are optimistic about Malaysia as a new market for Reliv and as a further extension of our business in Asia," he said. "Considerable distributor interest has been expressed in this strong and growing direct sales, and nutritional supplement, market."
NOTE: Any statement released by Reliv International, Inc. that is forward looking is made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospect and performance. This includes economic, competitive, governmental, technological and other factors discussed in the Company's filings with the SEC on forms 10-K and 10-Q.