CARLSBAD, Calif., Aug. 11, 2017 /PRNewswire/ -- Natural
Alternatives International, Inc. ("NAI") (NASDAQ:NAII), a leading
formulator, manufacturer and marketer of customized nutritional
supplements, is proud to announce that it has extended its
partnership with The Juice Plus+ Company ("Juice Plus+"), a
globally recognized leader in whole-food based nutritional products
focused on people's health and well-being, through the execution of
a multi-year exclusive manufacturing agreement covering capsule and
powder products sold in over 24 markets around the world.
Mark A. LeDoux, NAI's CEO and
Chairman of the Board, said, "It is indeed rare when two companies
have enjoyed an uninterrupted 25-year successful collaboration, and
NAI is proud to become essentially the exclusive manufacturing
partner for Juice Plus+ using our state of the art facilities in
San Diego County, California and
in Lugano, Switzerland. The global facility expansion
activities we completed over the past several years strategically
positioned NAI to service this new business with minimal impact to
our available manufacturing capacity."
Paulo L. Teixeira, Juice Plus+
CEO, said, "Juice Plus+ has set a very high bar for product
research, with over 35 clinical studies conducted on three
continents, and with most of those studies having been published in
peer-reviewed scientific journals of exceptional reputation.
With NAI's numerous international quality manufacturing
certifications and proven global manufacturing expertise, we
believe this deepening of our long-term partnership is the right
thing to do for both companies. We are excited about the future
possibilities it opens."
Sales from this new Exclusive Manufacturing Agreement are
expected to begin shipping during NAI's 2nd fiscal
quarter of 2018, and is estimated to increase current annual
purchases by Juice Plus+ from NAI by over 50%.
NAI, headquartered in Carlsbad,
California, is a leading formulator, manufacturer and
marketer of nutritional supplements and provides strategic
partnering services to its customers. NAI's comprehensive
partnership approach offers a wide range of innovative nutritional
products and services to NAI's clients including: scientific
research, clinical studies, proprietary ingredients,
customer-specific nutritional product formulation, product testing
and evaluation, marketing management and support, packaging and
delivery system design, regulatory review and international product
registration assistance. For more information about NAI, please see
its website at http://www.nai-online.com.
This press release contains forward-looking statements within
the meaning of applicable securities laws that are not historical
facts and information. These statements represent our intentions,
expectations and beliefs concerning future events, including, among
other things, our expectations and beliefs with respect to the
impact of this Agreement on our manufacturing capacity, and our
annual sales. We wish to caution readers these statements involve
risks and uncertainties that could cause actual results and
outcomes for future periods to differ materially from any
forward-looking statement or views expressed herein. NAI's
financial performance and the forward-looking statements contained
herein are further qualified by other risks including those set
forth from time to time in the documents filed by us with the
Securities and Exchange Commission, including our most recent
Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
CONTACT – Kenneth Wolf, President
and Chief Operating Officer, Natural Alternatives International,
Inc., at 760-736-7700 or investor@nai-online.com.
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SOURCE Natural Alternatives International, Inc.