LifeVantage Launches International Operations in Thailand
March 26 2015 - 9:12AM
LifeVantage Corporation (Nasdaq:LFVN), has announced the expansion
of its its direct selling business into Thailand. The company has
opened an office in the city of Bangkok to support this new market.
The facility is designed to provide a central location where
Distributors can host business-building meetings, conduct training,
and host events. The office also allows for a more expedited
process for purchasing and receiving LifeVantage products.
"At the beginning of this fiscal year, we disclosed our plan to
expand operations into Thailand during fiscal 2015," said
LifeVantage Executive Vice Chairman Dave Manovich. "The World
Federation of Direct Selling Associations reports that Thailand is
a market of more than 11 million distributors that generated total
revenues of more than $3 billion in 2013. We believe our expansion
into Thailand is directly in-line with our commitment to expand our
operations into countries that we believe represent long-term
growth opportunities."
About LifeVantage Corporation
LifeVantage Corporation (Nasdaq:LFVN), is a science based
network marketing company that is dedicated to visionary science
that looks to transform health, wellness and anti-aging internally
and externally at the cellular level. The company is the maker of
Protandim®, the Nrf2 Synergizer® patented dietary supplement, the
TrueScience™ Anti-Aging Skin Care Regimen, Canine Health, and the
AXIO™ energy product line. LifeVantage was founded in 2003 and is
headquartered in Salt Lake City, Utah.
Forward Looking Statement
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,
satisfaction or disappointment with current prospects, as well as
words such as "believe," "hopes," "intends," "estimates,"
"expects," "projects," "plans," "anticipates," "look forward to"
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 future
growth and sustainability of our business in Thailand. 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, those discussed in greater detail in the Company's most
recent Annuals Report on Form 10-K and Quarterly Reports 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: Company Relations Contact:
John Genna (801) 432-9172
Vice President of Communications &
Corporate Partnerships
Investor Relations Contact:
Cindy England (801) 432-9036
Director of Investor Relations
-or-
John Mills (646) 277-1254
Partner, ICR INC
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