SAN MARCOS, Calif., Feb. 12 /PRNewswire-FirstCall/ -- Natural
Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading
formulator, manufacturer and marketer of customized nutritional
supplements, today announced the appointment of Kenneth Wolf as Chief
Financial Officer, effective February 11, 2008. Mr. Wolf possesses over 20
years of manufacturing and public company experience and spent the prior
five years as Chief Financial Officer with Phoenix Footwear Group, an AMEX
listed multi-brand footwear and accessories company. Mr. Wolf is also a
nine-year veteran of Callaway Golf Company, a NYSE premium consumer goods
company, where he served as Interim Chief Financial Officer, and Senior
Vice President of Finance and Controller.
CEO Mark LeDoux stated, "We are pleased to announce the appointment of
Kenneth Wolf as our Chief Financial Officer. Having served both at Phoenix
Footwear Group and Callaway Golf Company during periods of rapid organic
and acquisition growth, Ken brings us invaluable experience in handling
acquisitions, budgeting and financial planning and analysis. He will also
play an increasingly important role in our long-term strategic planning
process."
Mr. Wolf commented, "Natural Alternatives International's comprehensive
partnership approach to client servicing represents a unique and compelling
growth opportunity within the private label manufacturing space and the
company's parallel focus on supporting and creating its own branded
nutritional supplement products provides a platform for potential future
sales and profit expansion. I look forward to playing an instrumental role
in helping the company to achieve its financial and operating goals, while
creating long-term stockholder value."
NAI, headquartered in San Marcos, California, is a leading formulator,
manufacturer and marketer of nutritional supplements and provides strategic
partnering services to its customers. Our comprehensive partnership
approach offers a wide range of innovative nutritional products and
services to our 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 our
website at http://www.nai-online.com.
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934 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 future
financial and operating results, including the amount of our future net
sales and profits, and our ability to achieve our goals, create long-term
stockholder value, grow our private label manufacturing business and
develop and support our branded products business. 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 - Randell L. Weaver, President, Natural Alternatives
International, Inc., 760-736-7700 or investor@nai-online.com.
SOURCE Natural Alternatives International, Inc.
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Related links: http://www.nai-online.com
CONTACT: Randell L. Weaver, President of Natural Alternatives International, Inc., +1-760-736-7700, investor@nai-online.com
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