SAN MARCOS, Calif., June 10 /PRNewswire-FirstCall/ -- Natural Alternatives
International ("NAI"), Inc. (Nasdaq: NAII), a leading formulator and
manufacturer of customized nutritional supplements, announced today the
appointment of Alan Lane to its Board of Directors and its Audit Committee.
Mr. Lane recently joined Financial Data Solutions, Inc. as Vice-Chairman
and Chief Executive Officer. Prior to his present position with Financial
Data Solutions, Mr. Lane was Chief Executive Officer and President of Business
Bank of California and a member of the bank's Board of Directors. Mr. Lane
held these positions with Business Bank of California from 1998 until its sale
to Union Bank of California earlier this year. At the time of its sale to
Union Bank, Business Bank of California was a $700 million commercial bank
with fifteen branches in northern and southern California. Prior to heading
Business Bank of California, Mr. Lane was a director, Chief Executive Officer
or Chief Financial Officer of several financial institutions and non-financial
operating companies.
Chairman and CEO Mark LeDoux said, "We are pleased to have someone of
Alan's qualifications and experience join our Board of Directors. Mr. Lane's
24 years of corporate and financial management experience is a significant
addition to our Board and should assist our efforts to continue our recent
growth in sales and earnings."
NAI, headquartered in San Marcos, California, is a leading formulator and
manufacturer of nutritional supplements that provides strategic partnering
services to its customers. Our comprehensive partnership approach offers a
wide range of innovative nutritional products and services to the client
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 the impact of appointing
a new board member. We wish to caution readers that 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. 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 - John R. Reaves, Chief Financial Officer, Natural Alternatives
International, Inc., 760-744-7340 or info@nai-online.com.
SOURCE Natural Alternatives International, Inc.
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Related links:
http://www.nai-online.com
CONTACT:
John R. Reaves, Chief Financial Officer of
Natural Alternatives International, Inc., +1-760-744-7340,
info@nai-online.com
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