SAN MARCOS, Calif., July 6 /PRNewswire-FirstCall/ -- Natural
Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading
formulator, manufacturer and marketer of customized nutritional
supplements, today announced record net sales in excess of $33 million for
the three months ended June 30, 2006, surpassing the previous quarterly net
sales record set in the fourth quarter of fiscal 2005.
NAI also announced changes to its executive team. John Dullea has
assumed additional responsibilities as Executive Vice President of NAI and
will be responsible for all sales and marketing activities of NAI. Mr.
Dullea also serves as President of Real Health Laboratories, Inc., NAI's
recently acquired, wholly owned subsidiary. Tim Belanger, former Senior
Vice President - Sales and Marketing, and Mark Zimmerman, former Vice
President - Operations, are no longer with the company.
President Randell Weaver commented, "We wish Messrs. Belanger and
Zimmerman well and appreciate their accomplishments at NAI. We are
confident that the realignment of our executive management team will enable
us to maintain our commitment to growing and strengthening relationships
with both new and existing highly valued, contract manufacturing customers,
and our strategic focus on marketing our own branded products in new
distribution channels."
NAI, headquartered in San Marcos, California, is a leading formulator,
manufacturer and marketer of nutritional supplements and provides strategic
partnering services to its contract manufacturing 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, the effects of personnel changes and our ability to
grow and strengthen our relationships with contract manufacturing customers
and to implement our strategic plans. 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 -- 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
CONTACT:
John R. Reaves, Chief Financial Officer,
Natural Alternatives International, Inc., +1-760-736-7700,
investor@nai-online.com
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