SAN MARCOS, Calif., July 5 /PRNewswire-FirstCall/ -- Natural Alternatives
International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator and
manufacturer of customized nutritional supplements, today announced the
Therapeutic Goods Administration of Australia has completed its audit of the
company's Good Manufacturing Practices and recertified its U.S.-based
manufacturing facilities. NAI had been seeking this recertification
especially in regard to the recent expansion of its California manufacturing
facilities.
The Therapeutic Goods Administration ("TGA") is a unit of the Australian
Government Department of Health and Ageing. The TGA evaluates new therapeutic
products, prepares standards, develops testing methods and conducts testing
programs to ensure that products are high in quality, safe and effective. The
TGA also conducts a range of assessment and monitoring activities including
audits of the manufacturing practices of companies who export and sell
products to Australia. http://www.tga.gov.au
Good Manufacturing Practices often referred to as GMP's are regulatory
standards and guidelines establishing necessary processes, procedures and
documentation for manufacturers in an effort to assure the products produced
by that manufacturer have the identity, strength, composition, quality and
purity they are represented to possess.
President Randell Weaver stated, "In the nutritional supplement industry
the TGA is one of, if not the most active regulatory and quality control
organizations in the world. The TGA completed an extensive audit of our
U.S.-based operations to verify our compliance with Good Manufacturing
Practices and recertified our operations. We are delighted to have
independent confirmation of our commitment to quality. Our investments in
quality control included in our recently expanded 160,000 square foot facility
improves our competitive positioning and supports our long-term growth plans."
CEO Mark Le Doux added, "We believe the recertification of our TGA
Manufacturing License will increase the value of the goods and services we
provide to our highly valued customers, and assist us in developing
relationships with additional quality oriented customers."
About Natural Alternatives International, Inc.
NAI, headquartered in San Marcos, California, is a formulator and
manufacturer 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 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 with respect to the effects of our investments in
quality and facilities and our ability to develop relationships with new
customers and strengthen relationships with existing customers. 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.
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 - John R. Reaves, Chief Financial Officer, 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
http://www.tga.gov.au
CONTACT:
John R. Reaves, Chief Financial Officer of
Natural Alternatives International, Inc., +1-760-736-7700,
investor@nai-online.com
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