SAN MARCOS, Calif., Dec. 6 /PRNewswire-FirstCall/ -- Natural Alternatives
International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator and
manufacturer of customized nutritional supplements, today announced the
acquisition of Real Health Laboratories, Inc. ("RHL"). One of NAI's recent
initiatives has been to increase product lines and expand distribution
channels. We believe the acquisition of RHL is a significant milestone in
achieving these goals.
RHL, based in San Diego, CA since 1994, is a leading marketer of branded
nutritional supplements and other lifestyle products with approximately $11.6
million in revenue in its latest fiscal year ending October 31, 2005. RHL
sells its supplements through many of the largest U.S. retailers including
CVS, Sav-on, Walgreens, Longs, Rite Aid and Eckerd. Certain of RHL's current
products are leading sellers in their respective categories within U.S. drug
stores. Additionally, RHL also directly markets nutritional supplements and
other products through lifestyle catalogues targeting female baby boomers and
other audiences. RHL's inhouse operations include graphic design, creative,
fulfillment and call center activities.
President Randell Weaver commented, "This acquisition marks a significant
advance in our strategy of marketing our own branded products and expanding
distribution channels. We believe this acquisition will provide meaningful
strategic, operational and financial benefits to both companies, including the
integration of certain NAI outsourced activities into RHL's existing
operation. We anticipate integration of these activities to generate cost
savings."
CEO Mark LeDoux added, "I am delighted that John Dullea will continue as
President of RHL. John brings to NAI more than 30 years of consumer products
marketing and retail distribution expertise both domestically and
internationally at companies including Johnson & Johnson and Andrew Jergens
Company."
John Dullea commented, "I share NAI's vision of building a leading
portfolio of branded supplement products across multiple channels. The
combination of our capabilities should provide considerable opportunity for
future growth."
NAI, headquartered in San Marcos, California, is a leading 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.
For more information about RHL, please see http://www.realhealthlabs.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, and our ability to continue to implement our strategic
plans, increase branded product sales and develop distribution channels. 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
http://www.realhealthlabs.com
CONTACT:
John R. Reaves, Chief Financial Officer of
Natural Alternatives International, Inc., +1-760-736-7700,
investor@nai-online.com
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