CHESTERFIELD, Mo., Feb. 19 /PRNewswire-FirstCall/ -- Reliv International,
Inc. (Nasdaq: RELV), an international manufacturer and network marketer of
nutritional supplements and other food technology products, today announced
that its Ambassador Stock Purchase Plan has reached a major milestone:
Participants in the program have now accumulated approximately one million
shares of the company's common stock -- equal to about 7.3 percent of the
company's total shares outstanding.
Robert L. Montgomery, chairman of the company's Board of Directors, said,
"We're certainly pleased by the level of participation we've seen among our
top-performing distributors in this program. Their willingness to invest in
Reliv shares underscores their confidence in the company's prospects for
growth."
"Ambassador-level distributors increased 36%, to over 200 worldwide,
compared to 2002. This outstanding performance expands our leadership base for
Reliv's future growth. Ambassadors provide the major resource for our
development of new markets," he said.
The company's top-ranked distributors earn the "Reliv Ambassador" title
based on their performance in selling Reliv products and in expanding their
downline networks of independent distributors. Under the Ambassador Stock
Purchase Plan, Ambassadors may purchase shares of Reliv stock utilizing up to
10 percent of their monthly compensation.
Reliv International, Inc., based in suburban St. Louis, manufactures and
distributes several lines of food products, including nutritional and fiber
supplements, diet management products, functional foods and sports drink
mixes. Its proprietary product lines include an extensive line of soy-based
products. Reliv International's common stock trades on The Nasdaq Stock
Market(R) under the symbol RELV.
NOTE: Any statement released by Reliv International, Inc. that is forward
looking is made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Editors and investors are cautioned
that forward-looking statements involve risk and uncertainties that may affect
the Company's business prospect and performance. This includes economic,
competitive, governmental, technological and other factors discussed in the
Company's filings with the SEC on forms 10-K and 10-Q.
SOURCE Reliv International, Inc.
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Company News On-Call:
http://www.prnewswire.com/comp/103123.html
CONTACT:
David G. Kreher, Senior Vice President,
+1-636-537-9715, or Fred A. Nielson, Investor Relations,
+1-636-733-1314, both of Reliv International, Inc.
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