Mannatech Launches Economic Stimulus Plan for Business Builders
COPPELL, Texas--([ BUSINESS WIRE ])--Mannatech, Incorporated (NASDAQ:MTEX), a leading developer and provider of proprietary dietary supplements, weight management products and skin care solutions, today announced its version of an economic stimulus package. The new, simplified offering features a $499 Premium/All-Star Pack that provides income opportunities for business builders seeking a second income stream and Mannatech's leading wellness products.
Developed in response to the current economic crisis facing the United States, the more affordable $499 Premium/All-Star Pack includes more than $600 of patented or proprietary products including Mannatech's new fat loss product OsoLean™ powder. The enhanced compensation plan allows independent sales Associates to start their business building opportunity in the wellness industry at a lower cost while providing faster access to leadership qualification. Additionally, the plan features a six-month, 100 percent satisfaction guarantee.
"As our economy struggles, most Americans agree finance and health issues are two of the greatest concerns keeping them up at night," said Wayne Badovinus, president and CEO of Mannatech. "Now, Mannatech has a solution that addresses both of these issues. Our high-quality, proprietary wellness products and industry-leading compensation plan with the $499 Premium/All-Star Pack creates one of the best business opportunities in the industry."
[ Mannatech ] has also unveiled a new global incentive program that combines fun, entertainment and impactful training for Associates. Associates can qualify for a trip to Costa Rica by earning 120 points through Enroller Points, Leadership Development Points, the Power Bonus or a combination of all three between Jan. 24 – June 12, 2009. All points are earned through the sale of Mannatech products and product packs. This global incentive turbo charges Mannatech's economic stimulus plan to give Associates the right tools to celebrate in Costa Rica.
About Mannatech
Mannatech, Incorporated, is a global wellness solutions provider of innovative, high-quality, proprietary dietary supplements, skin care products, and weight management products sold through independent Associates and Members located in the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, the Republic of Korea, Taiwan, Denmark, Germany, South Africa, and Singapore. For more information please visit [ www.mannatech.com ] or [ www.allaboutmannatech.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 "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.