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MANNATECH
Symbol U : MTEX
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Mannatech Hires General Director for Ukraine Office

2013-01-11 17:00 ET - News Release

Ms. Olena Sergeeva, industry veteran, brings wealth of experience


Company Website: http://www.mannatech.com
COPPELL, Texas -- (Business Wire)

Mannatech, Incorporated(NASDAQ: MTEX), the leading innovator and provider of nutritional supplements based on Real Food Technology® solutions, announced today that it has hired Ms. Olena Sergeeva as General Director to lead its expanding Ukraine operations.

Ms. Sergeeva comes to Mannatech with over ten accomplished years of experience in the direct selling industry within the Ukraine where she is well known in the direct selling community. Ms. Sergeeva has previously served as the General Manager of a large multinational direct selling company in the Ukraine. Senior Vice President International, Ron Norman, said, “We are extremely excited to have Ms. Sergeeva join the international team. Her extensive knowledge and experience will be invaluable in developing a successful business in the Ukraine.”

Continuing its expansion efforts in the Ukraine, Mannatech will shortly secure office facilities within Kiev and is in the process of selecting a Ukrainian warehousing and distribution partner for the market. It has also recently initiated limited shipments of products into Ukraine to consumers for their personal consumption, an initial step in opening the market.

Colin Morgan-Jones, Mannatech European General Manager, said, “Olena brings to Mannatech a wealth of operational experience and proven leadership and people skills. Olena will be instrumental in finalizing our market opening activities and leading business development. Olena’s vision and passion towards Mannatech’s business along with her servant’s heart align concretely with Mannatech’s mission of Social Entrepreneurship: addressing the needs of malnourished children and orphans all over the world including Ukraine, improving their health and well-being and at the same time compensating those who participate by earning income from helping others improve their quality of life. With Olena’s significant knowledge of direct selling within the Ukraine and neighboring markets, we look forward to her leading us to sustainable success in the Ukraine and other markets in the region.”

Individuals interested in Mannatech’s products or exploring its business opportunity are encouraged to learn more at Mannatech.com.

About Mannatech

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 fighting global malnutrition by nourishing the world with Real Food Technology supplementation while empowering and rewarding the lives of those who champion our cause. Mannatech’s proprietary products are available through independent sales Associates around the globe including the United States, Canada, South Africa, Namibia, 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 and Mexico. For more information, visit Mannatech.com.

To learn more about Mannatech and its products, visit Mannatech.com. Learn more about Mannatech science and related publications and studies at MannatechScience.org.

Contacts:

Mannatech, Incorporated
Brett Duncan, 972-471-7367
bduncan@mannatech.com

Source: Mannatech, Incorporated

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