Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact:
Deanna Decker
Padilla Spear Beardsley
(212) 752-8338
ddecker@psbpr.com
Rick Anderson
Padilla Spear Beardsley
(212) 752-8338
randerson@psbpr.com
NATURAL HEALTH TRENDS CORP. ANNOUNCES
REORGANIZATION AND BOARD AND MANAGEMENT CHANGES
DALLAS,
TX, February 26, 2007 — Natural Health Trends Corp. (“the Company”) (NASDAQ NMS:
BHIP), an international direct-selling company, today announced that its Board of Directors has
named Chris T. Sharng as the Company’s President effective immediately. Mr. Sharng has been the
Company’s Executive Vice President and Chief Financial Officer since August 2004. Prior to Natural
Health Trends Corp., he worked in various financial and operational roles at publicly traded
companies such as Ultrak Inc. and Mattel Inc. Mr. Sharng has an MBA from Columbia Business School
and a bachelor’s degree from National Taiwan University.
In addition, Curtis E. Broome, President of NHT Global, is designated as an executive officer of
the Company. Prior to his current role of overseeing all of the Company’s markets, Mr. Broome ran
the Company’s Greater China, Southeast Asia markets and, at an earlier appointment, the North
American market. Mr. Broome is credited for bringing the Greater China market back on track from a
difficult time in early 2004 and building it into the largest revenue and profit source of the
Company. He has over 20 years of executive and entrepreneurial experience in network marketing,
hospitality and on-line development businesses.
At the same time, the Company announced the resignations of Messrs. Colin J. O’Brien and Terrence
M. Morris from the Board of Directors. Ms. Stephanie S. Hayano resigned as the President and Chief
Executive Officer as well as from the Board of Directors. Gernot Senke resigned as the chief
operating officer. The Company is in the process of recruiting additional independent directors.
Mr. Sharng, the Company’s President, said, “The past year has been a traumatic and difficult period
of time for the Company. We have heeded the opinions of our stockholders and implemented a
management structure that empowers reliable and proven executives like Curtis and other key
executives to restore growth to the Company. Additionally, I have personally met with Messrs.
Woodburn and LaCore, the two founders of the Company, and asked for their help in moving the
Company forward and they have committed their enthusiastic support. While both Messrs. Woodburn
and LaCore previously agreed to assist the Company, we did not take full advantage of their
expertise and expect to immediately change that. The Company is at a critical juncture. We plan
to aggressively restructure many of the Company’s operations to bring costs in line with revenue.
We need the collective wisdom and experience of our management team to turn the Company around.”
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About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling company operating through its
subsidiaries in 15 countries throughout Asia, North America, Europe and Latin America. The Company
markets premium quality personal care products under the NHT Global (formerly Lexxus International)
brand. Additional information can be found on the Company’s Website, and management encourages
interested parties to register for updated corporate information via e-mail on the Company’s
homepage, www.naturalhealthtrendscorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 —
Forward-looking statements in this release do not constitute guarantees of future performance. Such
forward-looking statements are subject to risks and uncertainties that could cause our actual
results to differ materially from those anticipated. Such statements may relate, among other
things, to our relationship with our distributors; our need to continually recruit new
distributors; our internal controls and accounting methods may require further modification; our
need to raise additional capital if revenues continue to decline; risks related to an SEC
investigation and securities litigation; adverse consequences from audit committee investigations
or management changes; regulatory matters governing our products and network marketing system;
regulatory matters pertaining to direct-selling laws, specifically in China; our ability to recruit
and maintain key management and consultants; adverse publicity associated with our products or
direct selling organizations; product liability claims; our reliance on outside manufacturers;
risks associated with operating internationally, including foreign exchange risks; product
concentration; dependence on increased penetration of existing markets; the competitive nature of
our business; and our ability to generate sufficient cash to operate and expand our business. For
a more detailed discussion of the risks and uncertainties of our business, please refer to our
Annual Report on Form 10-K and our amended Annual Report on Form 10-K/A for the fiscal year ended
December 31, 2005 filed with the Securities and Exchange Commission. We assume no obligation to
update any forward-looking information contained in this press release or with respect to the
announcements described herein.
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