COPPELL, Texas--(BUSINESS WIRE)--Mannatech®, Incorporated (NASDAQ: MTEX) the pioneer of nutritional glycobiology and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, recently announced the results of its social entrepreneurial efforts over 2013 through its Mission 5 Million℠ , or M5M℠, movement. In total, purchases placed by Mannatech customers and Associates generated over 16 million servings of the company’s nutrient-dense PhytoBlend™ powder to children in need in 15 different countries.
The Mission 5 Million movement focuses on the fight against global malnutrition. According to a recent study by the World Health Organization, approximately five million children under the age of 5 die every year due to causes related to malnutrition. The M5M movement represents Mannatech’s commitment to linking five million consumers of its Real Food Technology supplementation with five million children in need. Mannatech uses a social entrepreneurial business model that allows anyone to participate in the movement. Donations generated through Mannatech's M5M movement are triggered directly from individual customer orders. When someone simply orders nutritional products for themselves, they are automatically helping fight global malnutrition. These orders, referred to within the company as One Simple Act™, generated donations of more than 16 million servings of nutrition in 2013.
Mannatech’s PhytoBlend powder is specifically designed to help in the fight against global malnutrition. Based on Real Food Technology solutions, PhytoBlend powder can help provide children in need with their daily nutritional needs by simply mixing it into the foods they’re already eating. The product contains twelve key vitamins and nine required minerals naturally sourced from materials including acerola cherry, Indian mustard sprouts, natural fermentation, beta carotene and aloe vera. Since PhytoBlend powder contains nutrients from plants and other natural sources, children can now receive standardized and nutritionally effective amounts of vitamins and minerals in a way that’s never been possible before.
“We began 2013 with a renewed and strengthened commitment to our mission and vision,” explained Dr. Robert Sinnott, Mannatech CEO and Chief Science Officer. “We’re extremely passionate about making our vision to link five million consumers with five million children in need a reality. That kind of focus drives the right strategic decisions, and it works its way through the entire organization. And you can see that in what transpired over 2013. Our focus on a single mission resulted in success on every level of the company.”
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 the foundation of promoting, aiding and optimizing nutrition where it is needed most around the world. Mannatech’s proprietary products are available through independent sales Associates around the globe including the United States, Canada, South Africa, 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, Mexico, Namibia, Hong Kong and Ukraine. For more information, visit Mannatech.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 “believe,” “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.