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Mannatech News

Npros MLM / Network Marketing News Archive

December 2008

Mannatech Launches Singapore Expansion  

Mannatech, Incorporated, a leading developer and provider of dietary supplements and skin care solutions, announced today it has begun selling products in Singapore as of November 1. With this opening, independent sales Associates are eligible for enrollment in Singapore. To commemorate the open...

Source: MarketWatch


Mannatech Launches Singapore Expansion
Posted 11/5/2008


Mannatech Launches OsoLean  

Mannatech, Incorporated, a leading developer and provider of dietary supplements and skin care solutions, announces the launch of its new fat-loss product OsoLean(TM) powder. OsoLean(TM) whey protein supplement is an all-natural powder product that mixes with a variety of food and beverages so consu...

Source: MarketWatch


Mannatech Launches OsoLean
Posted 10/20/2008



Mannatech BounceBack Capsules in Blind Study  

Mannatech, Incorporated, a leading developer and provider of dietary supplements and skin care solutions, announced today that the results of a recent randomized, double-blind, placebo-controlled, crossover human study indicate that Mannatech's BounceBack(TM) capsules significantly reduce muscle sor...

Source: MarketWatch


Mannatech BounceBack Capsules in Blind Study
Posted 10/20/2008



Mannatech Hosts Japanese and Euro Conventions  

Mannatech, Incorporated, a leading developer and provider of dietary supplements and skin care solutions, recently hosted its annual Japanese and European conventions. More than 600 attendees gathered at the Japan National Convention on Sept. 20, 2008, while excitement surrounding the European Conve...

Source: MarketWatch


Mannatech Hosts Japanese and Euro Conventions
Posted 10/2/2008



Mannatech Showcases New Developments at Event  

Mannatech, Incorporated, a leading developer and provider of dietary supplements and skin care solutions, announced its speaker line-up, including Nancy Lieberman, ESPN commentator and WNBA basketball legend, and events for MannaQuest 2008, the company's second largest North American event. The even...

Source: MarketWatch


Mannatech Showcases New Developments at Event
Posted 9/3/2008



Mannatech Provides Donation to Scholarship Fund  

Mannatech Provides Donation to Happy Hill Farm Scholarship Fund Donation Supports At-Risk Children from D/FW Metroplex

MTEX 5.21, -0.39, -7.0%) , a leading developer and provider of dietary supplements and skin care solutions, today announced that the company will donate a full sponsorship of a...

Source: Business Wire


Mannatech Provides Donation to Scholarship Fund
Posted 8/21/2008



Mannatech Supplements to Bear NSF Certification  

Mannatech, Incorporated (NASDAQ - MTEX), a leading developer and provider of dietary supplements and skin care solutions, today announced the quality and purity of Mannatech’s Ambrotose and Advanced Ambrotose glyconutritional supplements have been certified through an independent, accredited laborat...

Source: NPIcenter


Mannatech Supplements to Bear NSF Certification
Posted 7/7/2008



Mannatech Settles Shareholder Lawsuits  

Mannatech Inc., the Coppell nutritional supplement maker being sued by the Texas attorney general, agreed Friday to pay $850,000 to settle five shareholder lawsuits. The company did not admit wrongdoing.

An attorney for the plaintiffs did not respond to an interview request Friday.

Between...

Source: Trading Markets


Mannatech Settles Shareholder Lawsuits
Posted 6/16/2008



Mannatech Names New CEO  

Jun. 6--Mannatech Inc., the Coppell nutritional supplement manufacturer being sued by the Texas attorney general for allegedly exaggerating the benefits of its products, said Thursday it has hired a new chief executive.

Wayne L. Badovinus, 64, who was CEO of Eddie Bauer Holdings Inc. in the late 1...

Source: TMCnet


Mannatech Names New CEO
Posted 6/9/2008



Jury Validates Key Mannatech Technology  

Mannatech, Incorporated (Nasdaq: MTEX) a leading developer and provider of dietary supplements and skin care solutions, today announced that a federal court jury in the Northern District of Texas found that Glycoproducts International Inc. had committed infringement of Mannatech's patent and tradema...

Source: SunHerald.com


Jury Validates Key Mannatech Technology
Posted 5/13/2008



Mannatech Launches Business in South Africa  

Mannatech,Incorporated (Nasdaq: MTEX), a developer and provider of dietary supplements and skin care solutions, announced today the launch of operations in South Africa. A continuation of Mannatech's success in international expansion, the South Africa opening marks the 11th country where the compa...

Source: PR Newswire


Mannatech Launches Business in South Africa
Posted 4/29/2008



Mannatech Athlete Names in SI Top 25 Tough List  

Team Mannatech athlete Hayley Wickenheiser has been ranked by Sports Illustrated as the 20th-toughest athlete in the world.

Wickenheiser is one of only two women named to the Top 25 list, which was published on the Sports Illustrated Web site April 1. She keeps good company on the list of "never-...

Source: Earthtimes


Mannatech Athlete Names in SI Top 25 Tough List
Posted 4/22/2008



Mannatech Announces Speaker Lineup for Annual Convention  

If you asked me to come up with a list of ways to destroy your credibility as an entrepreneur, here are two of the best ways I would come up with: associate with Mannatech (NASDAQ: MTEX), an embattled multi-level marketer, and associate with Robert Kiyosaki, the motivational author who has been expo...

Source: BloggingStocks


Mannatech Announces Speaker Lineup for Annual Convention
Posted 4/20/2008



Mannatech Supports Earth Day Celebrations  

Eleven hours a day, six days a week, Mannatech, Incorporated, locally packs and ships its nutritional supplements and skin care products to consumers throughout the United States and Canada. Mannatech uses more than 20 tons of packaging monthly sending products throughout North America, where a maj...

Source: Earthtimes


Mannatech Supports Earth Day Celebrations
Posted 4/20/2008



Mannatech Swings to 4Q Net Loss  

Mannatech Inc. late Friday said it swung to a fourth-quarter loss of $3.57 million, or 13 cents a share, from net earnings in the year-ago quarter of $8.18 million, or 30 cents a share.

Revenue for the quarter ended Dec. 31 fell to $99.9 million from $106.8 million a year earlier.

The Coppell,...

Source: Forbes


Mannatech Swings to 4Q Net Loss
Posted 3/26/2008



Mannatech to Pay 11.25 Million to Settle Suit  

3/20/2008 4:13:00 PM Mannatech Inc. (MTEX) said that it has reached a settlement with counsel for the lead plaintiff in the securities class action lawsuit styled Jonathan Crowell v. Mannatech Inc., et al., in the United States District Court for the Northern District of Texas.

The litigation is...

Source: Global Newswire


Mannatech to Pay 11.25 Million to Settle Suit
Posted 3/21/2008



Mannatech in the Dallas Morning News  

Even as Mannatech Inc. battles a Texas attorney general lawsuit charging it with fraud, management says it is aggressively growing the company and promoting its nutritional supplements worldwide.

The Coppell-based firm's new chief executive, Terry Persinger, is the former executive vice president...

Source: Dallas Morning News


Mannatech in the Dallas Morning News
Posted 1/30/2008



Mannatech Issues Correction Concerning Litigation  

Mannatech Issues Correction Regarding Shareholder Lawsuit

Monday, Mannatech, Inc. (MTEX), a developer of nutritional supplements, topical and skin care products and weight-management products, issued a correction regarding a statement made in an article published on January 24, 2008.

The Coppel...

Source: Npros.com


Mannatech Issues Correction Concerning Litigation
Posted 1/29/2008



Mannatech to Open Office in Switzerland  

Mannatech to Open Centralized-Management Office in Switzerland

New office to assist in maximizing growth initiatives outside of North America

Mannatech, Incorporated (Nasdaq: MTEX), a leading developer and provider of dietary supplements and skin care solutions, announced today it will ope...

Source: SunHerald


Mannatech to Open Office in Switzerland
Posted 1/12/2008



Mannatech Fires Auditor over Dispute  

Dietary supplements maker Mannatech Inc. said it fired Grant Thornton LLP as its auditor after the accounting firm demanded that Mannatech remove its current chairman and founder from all responsibilities.

The move came two months after the chairman, Sam Caster, resigned as chief executive of the...

Source: Wall Street Journal


Mannatech Fires Auditor over Dispute
Posted 10/20/2007



Mannatech Hosts Largest European Convention Thus Far  

Mannatech, Incorporated (NASDAQ: MTEX), a leading developer and provider of dietary supplements and skin care solutions, hosted its annual European Convention in Munich, Germany, from September 13 – 16, 2007, drawing record attendance from international independent Associates and Members around the...

Source: Business Wire


Mannatech Hosts Largest European Convention Thus Far
Posted 10/20/2007



Mannatech Appoints BDO Seidman  

Mannatech, Incorporated (NASDAQ:MTEX), a leading developer and provider of dietary supplements and skin care solutions, announced today it has appointed BDO Seidman, LLP as the company’s independent registered public accounting firm in tandem with the release of Grant Thornton LLP.

“BDO’s experti...

Source: Business Wire


Mannatech Appoints BDO Seidman
Posted 10/20/2007



Federal Court Rules in Favor of Mannatech Ambrotose Patents  

Mannatech, Incorporated (NASDAQ: MTEX), a leading developer and provider of dietary supplements and skin care solutions, today announced that the federal court in the Northern District of Texas issued a Markman ruling in the company's favor against Glycobiotics International Inc., in a patent infrin...

Source: Genetic Engineering News


Federal Court Rules in Favor of Mannatech Ambrotose Patents
Posted 10/8/2007



Mannatech Launches New Training Tools  

Mannatech, Incorporated , a leading developer and provider of dietary supplements and skin care solutions, today announced a new sales tools program that will support the company's independent sales force of more than 569,000 independent Associates and Members. Mannatech unveiled its "Ready - Set -...

Source: CNNMoney.com


Mannatech Launches New Training Tools
Posted 9/11/2007



Mannatech CEO Quits Amid Lawsuit  

Sam Caster has resigned as chief executive of embattled multilevel marketer Mannatech Inc., the company announced Tuesday.

He will remain as chairman of the board.

Caster's resignation is the second major move within the Coppell-based company since it was charged with engaging in deceptive selli...

Source: Fort Worth Star Telegram


Mannatech CEO Quits Amid Lawsuit
Posted 8/27/2007



Mannatech Implements Enhanced Compliance  

Mannatech, Incorporated (NASDAQ: MTEX), a leading developer and provider of dietary supplements and skin care solutions, today announced a number of compliance initiatives related to sales and marketing activities utilized by the Company's independent sales associates. "On behalf of Mannatech's Boar...

Source: CNNMoney.com


Mannatech Implements Enhanced Compliance
Posted 7/26/2007



Mannatech Changes Sales Guidelines  

Mannatech Inc. has taken steps to tighten controls on how its dietary supplements are sold, including no longer allowing certain material to be available at corporate events, the company announced Monday.

The action comes less than three weeks after Texas Attorney General Greg Abbott sued the Copp...

Source: Fort Worth Star Telegram


Mannatech Changes Sales Guidelines
Posted 7/25/2007



Mannatech Implements New Initiatives  

Mannatech Inc. said Monday it has instituted several initiatives related to the sales and marketing activities of its sales associates.

The Coppell-based company was sued earlier this month by the Texas Attorney General, who accused Mannatech (NASDAQ: MTEX) of illegally marketing and selling its...

Source: Bizjournals.com


Mannatech Implements New Initiatives
Posted 7/25/2007



Mannatech Officials Pledge to Address Concerns  

Corporate officials of Mannatech Inc. said Friday that they hope to work with Texas Attorney General Greg Abbott to resolve the lawsuit he filed against the company.

In a conference call, Sam Caster, Mannatech's chairman and chief executive, sought to reassure sales associates of the multilevel ma...

Source: Fort Worth Star Telegram


Mannatech Officials Pledge to Address Concerns
Posted 7/9/2007



Texas AG Sues Mannatech  

Texas Attorney General Greg Abbott said that he has filed a lawsuit against dietary supplements seller Mannatech Inc., claiming that the Coppell-based network is operating an illegal marketing scheme.

Exaggerated claims about the therapeutic benefits of Mannatech (nasdaq: MTEX - news - people )'s...

Source: Forbes


Texas AG Sues Mannatech
Posted 7/8/2007



Mannatech Declares Dividend  

Mannatech, Incorporated announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share, payable on Friday, July 20, 2007, to shareholders of record at the close of business on Friday, June 29, 2007. The dividend reflects a commitment to rewarding shareholders and...

Source: Market Wire


Mannatech Declares Dividend
Posted 6/19/2007



Mannatech Featured in Wall Street Journal  

Mannatech's corporate ideals are grounded in our dedication to improve people's lives through the scientific development of nutritional supplements, used as part of a complete wellness program ("Health Claims by Sales Force Boost Supplement Firm," page one, May 11). We responsibly and actively devel...

Source: Wall Street Journal


Mannatech Featured in Wall Street Journal
Posted 6/3/2007



Mannatech Ranked 12th by BusinessWeek  

COPPELL, Texas, May 30 /PRNewswire-FirstCall/ -- Mannatech, Incorporated, has been recognized by BusinessWeek as the 12th-best "Hot Growth" small company in America and as the 4th best in average return on capital over three years.

In its 2007 annual wrap-up of America's Top 100 Hot Growth small...

Source: Earthtimes.org


Mannatech Ranked 12th by BusinessWeek
Posted 5/31/2007



Mannatech Schedules Q1 2007 Earnings Release  

Mannatech Schedules First Quarter 2007 Earnings Release and Conference Call

Mannatech, Incorporated announced today that its First Quarter 2007 results will be released on Friday, May 4, 2007. Sam Caster, Chairman and CEO of Mannatech, will host a conference call to discuss the announcement with i...

Source: Marketwire


Mannatech Schedules Q1 2007 Earnings Release
Posted 4/24/2007



Research Group to Analyze Mannatech Products  

COPPELL, Texas, March 27 /PRNewswire-FirstCall/ -- Mannatech, Incorporated (Nasdaq: MTEX), has awarded a grant to independent researchers to analyze a database of more than 1 million aging- and immune-related biomarkers to determine the relationship between changes in these measurements and the cons...

Source: PR Newswire


Research Group to Analyze Mannatech Products
Posted 3/30/2007



Mannatech Awards Health Benefit Grant  

Mannatech, Inc. has awarded a grant to independent researchers to analyze a database of more than 1 million aging- and immune-related biomarkers to determine the relationship between changes in these measurements and the consumption of glyconutrients.

The database contains biomarkers taken from mo...

Source: Pegasus News


Mannatech Awards Health Benefit Grant
Posted 3/30/2007



Mannatech Unveils Preservative Free Skin Care Products  

Mannatech Unveils Preservative-Free Skin Care Products

Mannatech Inc. (MTEX ) said it has introduced a line of water-based skin care products that is completely free of preservatives. In addition to having been allergy- and ophthalmologist-tested, the preservative-free Optimal Skin Care System als...

Source: RTTNews


Mannatech Unveils Preservative Free Skin Care Products
Posted 3/26/2007



Mannatech Introduces Preservative-Free Skin Products  

COPPELL, Texas, March 21 /PRNewswire-FirstCall/ -- Global wellness provider Mannatech, Incorporated (Nasdaq: MTEX), has overcome one of skin care's time-tested obstacles with a line of water-based skin care products that is completely free of preservatives. In addition to having been a...

Source: prnewswire


Mannatech Introduces Preservative-Free Skin Products
Posted 3/22/2007



Mannatech MTEX Increases Quarterly Dividend  

Mannatech (Nasdaq: MTEX) declared a 12.5% increase in its regular quarterly cash dividend. The new quarterly dividend rate will be $0.09 per common share as compared to $0.08 per common share in the prior year. The next quarterly dividend is payable on Friday, April 13, 2007, to shareholders of reco...

Source: Nasdaq


Mannatech MTEX Increases Quarterly Dividend
Posted 3/18/2007



Mannatech Inc. Reports Record Fourth Quarter Sales  

COPPELL, TX -- (MARKET WIRE) -- 03/15/07 -- Mannatech, Inc. (NASDAQ: MTEX) today reported record sales for its fourth quarter 2006 of $106.8 million, up 5.3% compared to the same quarter in 2005. Earnings per share decreased 11.8% to $0.30 per diluted share compared to fourth quarter 2005 earnings o...

Source: Marketwire


Mannatech Inc. Reports Record Fourth Quarter Sales
Posted 3/16/2007



Mannatech Helps Youth Group  

Mannatech Employees and Associates Help International Youth Group Deliver Its Message of Goodwill in the Dallas Area

COPPELL, Texas, Feb. 23 /PRNewswire-FirstCall/ -- As part of its mission to spread the message of hope around the world, global wellness provider Mannatech, Incorporated , is sponso...

Source: PR Newswire


Mannatech Helps Youth Group
Posted 2/27/2007



Mannatech Recognized for Research  

Mannatech Recognized for Research Showing GI Bacteria Can Break Down Complex Carbohydrates in Glyconutritional Supplements

COPPELL, Texas, Jan. 31 /PRNewswire-FirstCall/ -- Global wellness provider Mannatech, Incorporated , has received a first-place award for research indicating bacteria from th...

Source: Earthtimes


Mannatech Recognized for Research
Posted 2/4/2007



Mannatech Signs Three Year Supply Agreement  

Carrington and Mannatech Sign Three-year Supply and Trademark Agreement for Manapol(R) Powder

- Multi-Million Dollar Agreement
- Consistent Monthly Volumes for up to 3-year Period
- Manapol(R): Only Product From Aloe vera with Immune Enhancing Claim

IRVING, Texas, Jan. 26 /PRNewswi...

Source: Npros.com


Mannatech Signs Three Year Supply Agreement
Posted 1/27/2007



Mannatech Reformulates Childrens Supplement  

Mannatech Reformulates Its Most Popular Children's Nutritional Supplement With Natural Sweeteners 2006-12-29 - Mannatech, Incorporated

COPPELL, Texas, Dec 28, 2006 /PRNewswire-FirstCall via COMTEX/ -- Mannatech, Incorporated (MTEX) , has reformulated its most popular children's supplement, Manna...

Source: Mannatech


Mannatech Reformulates Childrens Supplement
Posted 1/1/2007



Mannatech Declares Dividend  

COPPELL, TX -- (MARKET WIRE) -- November 20, 2006 -- (NASDAQ: MTEX) -- Mannatech, Incorporated announced that its Board of Directors declared a quarterly cash dividend of $0.08 per common share payable on Friday, January 5, 2007, to shareholders of record at the close of business on Friday, December...

Source: Market Wire


Mannatech Declares Dividend
Posted 11/21/2006



Mannatech Chief Defends Company  

The top executive of Mannatech told analysts on Friday that he has not heard from the Texas Attorney General's office, which has stated that it is looking at whether the company made unsubstantiated claims about its products.

Cheif Executive Sam Caster commented "It's the ebb and flow of the busin...

Source: Npros.com


Mannatech Chief Defends Company
Posted 11/13/2006



Mannatech Issues Statement  

Mannatech Issues Statement

Oct 30, 2006 COPPELL, TX MARKET WIRE

Mannatech, Incorporated (NASDAQ: MTEX) today announced that the company had not been contacted by the Texas Attorney General's office regarding any investigations, in response to reports published on Friday, October 27, 2006. Manna...

Source: Mannatech


Mannatech Issues Statement