COPPELL, TX, Jul 25, 2005 (MARKET WIRE via COMTEX) -- Mannatech, Incorporated (MTEX) announced that its United Kingdom (UK) operation plans to begin shipping products into Denmark beginning August 1, 2005. The opening of Denmark increases Mannatech's countries of operation to nine and follows its entry into Taiwan on June 20, 2005.
"Denmark is a logical extension of our existing operations in the United Kingdom, giving us the ability to expand within other European countries and efficiently create a single point of distribution in the EU," stated Sam Caster, Mannatech's Founder, Chairman and CEO. "We have had great acceptance in the UK and look forward to continued growth and expansion."
Jack Crowley, President of International Operations, added, "We are delighted to officially begin shipping our products into Denmark! The enthusiastic welcome of the Danish people to both our products and opportunity reaffirms the tremendous potential for our Company to further expand its mission of hope, health, and opportunity in Europe."
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, Taiwan, and beginning in August 2005, Denmark.
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.