LifeVantage Appoints Chief Sales Officer
November 19 2013 - 7:39PM
LifeVantage Corporation (Nasdaq:LFVN), a company dedicated to
helping people achieve healthy living through a combination of a
compelling business opportunity and scientifically-validated
products, announced today that David Phelps has accepted a role as
global Chief Sales Officer for the company.
Mr. Phelps brings broad domestic and international network
marketing experience to LifeVantage. He has extensive involvement
in North America, Europe, Latin America, and nearly every major
market in Asia. Mr. Phelps has worked with an impressive array of
companies, including Synergy Worldwide, FFi, Jeunesse Global,
MonaVie and Organo Gold. His senior executive assignments have
included significant roles in sales, marketing, international
expansion, business development, training and nearly every facet of
distributor-facing development work. The core of his network
marketing philosophy comprises two essential concepts: (1)
Distributors are the most important asset of any company, and (2)
Leadership development is at the heart of network marketing
success. Mr. Phelps brings an extraordinary sense of passion to
LifeVantage and he is dynamically committed to the mission and
vision of the company. Mr. Phelps received his Juris Doctorate from
Brigham Young University.
"We are excited to add Dave's unique talent and expertise to our
team. His deep executive experience in network marketing adds a new
dimension to our distributor-first management focus. We expect
Dave to make a strong impact on domestic and international sales,"
said Douglas C. Robinson, LifeVantage President and Chief Executive
Officer.
"LifeVantage is the best grassroots success, leadership
development, and product story in all of network marketing
today," Phelps noted. "With this extraordinary foundation, the
Company has powerful momentum to lead our distributor family to
financial success and personal freedom."
About LifeVantage Corporation
LifeVantage Corporation (Nasdaq:LFVN), a leader in Nrf2 science
and the maker of Protandim®, the Nrf2 Synergizer® patented dietary
supplement, TrueScience® Anti-Aging Cream and LifeVantage® Canine
Health, is a science-based nutraceutical company. LifeVantage is
dedicated to visionary science that looks to transform wellness and
anti-aging internally and externally with products that
dramatically reduce oxidative stress at the cellular level. The
Company was founded in 2003 and is headquartered in Salt Lake City,
Utah. For more information about LifeVantage, visit
www.lifevantage.com.
Forward Looking Statements
This document contains forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Words and expressions reflecting
optimism and satisfaction with current prospects, as well as words
such as "believe," "anticipates," "look forward to," "should" and
variations thereof, identify forward-looking statements, but their
absence does not mean that a statement is not forward-looking.
Examples of forward-looking statements include, but are not limited
to, statements we make regarding our anticipated growth and
expansion of operations and our growth potential worldwide. Such
forward-looking statements are not guarantees of performance and
the Company's actual results could differ materially from those
contained in such statements. These forward-looking statements are
based on the Company's current expectations and beliefs concerning
future events affecting the Company and involve known and unknown
risks and uncertainties that may cause the Company's actual results
or outcomes to be materially different from those anticipated and
discussed herein. These risks and uncertainties include, among
others, the Company's inability to successfully expand our
operations in existing and other markets and thereafter manage our
growth; the Company's ability to retain independent distributors or
to attract new independent distributors on an ongoing basis; the
Company's ability to expand its product offerings; violations of
law or our procedures by the Company's independent distributors;
the potential for third-party and governmental actions involving
the Company's network marketing efforts; the potential for product
liability claims against the Company; the risk that government
regulators and regulations could adversely affect the Company's
business; future laws or regulations may hinder or prohibit the
production or sale of the Company's existing product and any future
products; unfavorable publicity could materially hurt the Company's
business; the Company's ability to access raw materials for its
products as it grows; and the Company's ability to protect its
intellectual property rights and the value of its products. These
and other risk factors are discussed in greater detail in the
Company's Annual Report on Form 10-K and its Quarterly Report on
Form 10-Q under the caption "Risk Factors," and in other documents
filed by the Company from time to time with the Securities and
Exchange Commission. The Company cautions investors not to place
undue reliance on the forward-looking statements contained in this
document. All forward-looking statements are based on information
currently available to the Company on the date hereof, and the
Company undertakes no obligation to revise or update these
forward-looking statements to reflect events or circumstances after
the date of this document, except as required by law.
CONTACT: Public Relations Contact:
John Genna (801) 432-9172
Vice President of Marketing & Communications
Investor Relations Contact:
Cindy England (801) 432-9036
Director of Investor Relations
or
John Mills (310) 954-1105
Senior Managing Director, ICR, LLC
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