Natural Health Trends Corp. Announces Management Changes
DALLAS, TX -- (MARKET WIRE) -- 12/03/07 -- Natural Health Trends Corp. ("the Company") (NASDAQ: BHIP), an international direct-selling company, today announced that Curtis E. Broome, President of NHT Global, will resign and leave the Company by the end of the year.
Mr. Broome said, "It is simply a matter of different opinions regarding future directions and I am glad that we have been able to amicably and mutually agree to part ways. I will forever hold close in my heart the wonderful memories from these past years and the love I have for the staff and members all over the world. NHT Global has been such a tremendous part of my life for the past six years and I have made so many wonderful life-long friends that have had a significant impact on me and who I am today. It is my absolute hope and desire that NHT Global, and all the people involved, succeed and thrive in the future as I also move forward and pursue other interests."
Mr. Sharng, the Company's President, said, "We are grateful for Curtis' contribution over the past six years, during which he progressively expanded his responsibilities to include all of our markets. We wish, and are sure of, Curtis' success in his next endeavor. We are equally confident in the abilities of our market managers who previously reported to Curtis and believe that they will step up to the plate where needed."
The Company's managers in the markets of Greater China, Korea, Europe and North America will now report directly to Mr. Sharng.
About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling and e-commerce company operating through its subsidiaries in Asia, North America, Europe and Latin America. The Company markets premium quality personal care products under the NHT Global brand. Additional information can be found on the Company's website, and management encourages interested parties to register for updated corporate information via email on the Company's home page, 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 risks and uncertainties include the risks and uncertainties detailed under the caption "Risk Factors" in our Registration Statement on Form S-3 filed with the Securities and Exchange Commission on November 16, 2007. We assume no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contact: Chris Sharng President Natural Health Trends Corp. (972) 241-4080
Released December 3, 2007