Mannatech Hosts More Than 4,500 at Asia MannaFest℠ Event
Inaugural event in South Korea breaks attendance records
COPPELL, Texas--(BUSINESS WIRE)-- Mannatech, Incorporated(NASDAQ: MTEX), the leading innovator and provider of naturally-sourced supplements based on Real Food Technology® solutions, hosted more than 4,500 Independent Associates and guests at its Asia MannaFest event on June 15, 2013 in Seoul, South Korea. This year's event marked the first time the company hosted an Asia-specific convention. The celebration far exceeded previous attendance at similar events in the past. Attendees from Korea, Japan, Taiwan and Australia were represented at the convention.
Asia MannaFest was a celebration of the story of Mannatech and the Independent Associates who have experienced significant improvements in their lives due to the benefits of the Mannatech products and its leverage-based income model. Featured presentations focused on Mannatech's core nutritional innovations in the areas of glyconutrients and Real Food Technology solutions, as well as the revolutionary social entrepreneurial vision the company was built on, and its Mission 5 Million message. Many Associates who achieved leadership ranks from all over the region were also recognized from stage for their achievements over the past year.
Guests also experienced a highly entertaining event, highlighted by an appearance and performance by Korean pop star In-Soni, along with a performance of traditional Korean drums. Several lucky Mannatech Associates also won a drawing for a luxury bag of Louis Vuitton products. Korean pop star Bobby Kim surprised more than 130 top Presidential Directors at the Presidential Dinner held at the prestigious Aston House - Sheraton Walker Hill.
"The growth and excitement we're seeing in our Asian markets are truly breathtaking," said Mannatech CEO and Chief Science Officer, Dr. Robert Sinnott. "I was able to experience this firsthand at Asia MannaFest. You can see it in everyone's eyes in the audience - the hope and passion that are driving all of this success. Momentum is a critical component in our industry. Our Asian markets are at the forefront of a global momentum shift that Mannatech has been experiencing over the past 18 months. My deepest appreciation and respect go out to our General Manager of South Korea and Taiwan, Patrick Park, for his crucial role in making it all come together."
"A year ago, when the Board of Directors granted approval to host the Asia MannaFest in Korea, I personally took on this challenge as an opportunity to build up confidence and momentum within the Asian market," shared General Manager of South Korea and Taiwan, Patrick Park. "As a result, we have far exceeded our initial target and achieved a new record. Mannatech Korea will be celebrating its 10th year anniversary in 2014 and we fully expect to continue our growth over the next year as we lead up to that big moment."
The event hosted many Mannatech corporate executives, including CEO and Chief Science Officer, Dr. Rob Sinnott; President of International and Chief Operating Officer, Roy Truett; Executive Vice President and Chief Sales and Marketing Officer, Al Bala; Sr. Vice President of International, Ron Norman; and Founder, Sam Caster. They each covered topics in the area of product innovation, global expansion and the company's Mission 5 Million movement to link five million consumers of the company's products with five million children in need of nutritional supplementation through its social entrepreneurial donation-through-consumption model.
Individuals interested in Mannatech's products, or exploring its business opportunity, can learn more at Mannatech.com.
Mannatech, Incorporated, develops high-quality health, weight and fitness, and skin care products that are based on the solid foundation of nutritional science and development standards. Mannatech is dedicated to its platform of Social Entrepreneurship based on the foundation of promoting, aiding and optimizing nutrition where it is needed most around the world. Mannatech's proprietary products are available through independent sales Associates around the globe including the United States, Canada, South Africa, Australia, New Zealand, Austria, Denmark, Germany, Norway, Sweden, the Netherlands, the United Kingdom, Japan, Taiwan, Singapore, Estonia, Finland, the Republic of Ireland, Czech Republic, the Republic of Korea, Mexico, Namibia and Hong Kong. For more information, visit Mannatech.com.
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 "believe," "intend" 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 United States 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 the expectations, statements and assumptions reflected in these forward-looking statements are reasonable, it cautions 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 Quarterly Report on Form 10-Q, and other filings filed with the United States 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.
Mannatech, IncorporatedBrett Duncan, 972-471-7367
KEYWORDS: United States Asia Pacific North America South Korea Texas
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