Company Continues its Asian Expansion as Product Distribution Grows to 26 Countries
DALLAS, TEXAS - October 14, 2002 - Natural Health Trends Corp. (OTCBB: NHTC) announced it has launched its newest subsidiary, Lexxus Singapore. The Company, which has been expanding globally over the past year and reported revenues of approximately $15,270,000 for the six months ended June 30, 2002 compared to approximately $13,010,000 for the same period last year, is optimistic that the new Singapore-based subsidiary will add immediate revenues for the Company.
The new Singapore corporate office is located at 501 Orchard Road, Wheelock Place and is strategically located in Singapore.
Lexxus Singapore, a subsidiary of Natural Health Trends Corp., is marketing and distributing the Company's popular quality of life Alura(TM) product, among others. Alura(TM) is a patented intimacy crème that helps promote clitoral sensitivity and helps improve the opportunity for women to achieve greater sexual satisfaction.
"We have been greatly encouraged by the strong performance realized with past openings and are confident that the Alura(TM) product will prove to be very successful here as well," said Allen Lim, Managing Director for Lexxus Singapore.
"It has been a very exciting year for Natural Health Trends as we have entered several new markets this year. Singapore is the twenty-sixth country to join our Lexxus family," said Mark Woodburn, President of Natural Health Trends Corp. "Singapore is centrally located in Asia and will be a key component in our record-breaking, global-expansion program," he concluded.
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 quality-of-life products.
Investors looking for information pertaining to Natural Health Trends Corp., or any of its subsidiaries, are encouraged to look up www.nhtc.ws on the Internet or by contacting Investor Relations Services, Inc. at 386.409.0200 or on the Internet at www.invrel.net. Shareholders are encouraged to register for updated information on the corporation via e-mail at the website.