03.05.2006 22:37:00
|
Natrol Elects Ralph Simon to Its Board of Directors; Brings Proven Expertise in Global Strategic Corporate Development
"Ralph Simon joins our Board at a time when Natrol is entering animportant global developmental phase," said Wayne Bos, President andChief Executive Officer of Natrol. "He brings a wealth of experiencein strategic corporate development and trans-cultural awareness. Inparticular, his experience in the global entertainment and mobilecontent industry will help us as we carefully evaluate building andexpanding Natrol's branded products into wider international markets."
"Natrol holds a market leadership position in many of its productcategories," Mr. Simon observed. "The Company's commitment to thehighest quality nutritional supplement products is a valuable platformfrom which to penetrate important international markets and expand itsreach and community impact even further. In an increasingly complexglobal marketplace, Natrol has recognized the importance of new mediaand mobile devices to build brand confidence and customer loyalty. Iam enthused by the highly competent and professional team thatNatrol's leadership is putting together to deliver clear growthopportunities. Their understanding of behavioral marketing and itsvalue demonstrates their grasp of how to build a successful worldwidecompany."
Elliott Balbert, Founder and Executive Chairman for Natrol, added,"Ralph Simon is recognized as one of the founders of the modern mobilemusic and entertainment industry in the United States, Europe andAustralasia. His experience in growing companies to maximize theirglobal business opportunities provides a significant advantage toNatrol."
Mr. Simon is President and Chief Executive Officer of The MobiliumGroup and Chairman Emeritus & Founder of the Mobile EntertainmentForum - Americas (MEF). MEF is the principal global mobileentertainment trade association and leading advocate for the mobileentertainment industry. The Mobilium Group is a respected strategicadvisory firm that guides U.S. and international media companies,networks, and brands to grow revenues and market share from mobilecontent, properties and technologies. Mr. Simon was a major figure inthe recording and music publishing industry prior to his involvementwith Mobilium. He was the co-founder of the Zomba Group and JiveRecords, which grew to become the world's most successful independentrecord and music publishing company. He also served as Executive VicePresident of Capitol Records, Blue Note Records and created EMI's NewMedia business.
Mr. Simon is a Fellow of the Royal Society of Arts in the UnitedKingdom and a member of the National Academy of Recording Arts &Sciences in the United States.
About Natrol
Founded in 1980, Natrol, Inc. (NASDAQ:NTOL) is a diversifiednutrition company that manufactures and markets premium-brandednutritional products, functional teas and sports fitness productsunder the Natrol(R), Laci Le Beau(R) Tea and Prolab(R) SportsNutrition labels. Natrol markets more than 200 nutritional productsdesigned to meet a wide range of consumer needs. The products areavailable at more than 54,000 food, drug, mass market and independenthealth food stores, catalogs and Internet sites, gyms and specialtystores nationally and in select foreign countries. For moreinformation, visit www.natrol.com.
The statements made in this press release which are not historicalfacts including statements regarding expectations for future growth ofrevenue and profits and trends concerning net sales, are forwardlooking statements within the meaning of Section 27A of the SecuritiesAct of 1933, as amended, and Section 21E of the Securities ExchangeAct of 1934, as amended. As a result of a number of factors, theCompany's actual results could differ materially from those set forthin the forward looking statements. Certain factors that might causeNatrol's actual results to differ materially from those set forth inthe forward looking statements include adverse trends in the dietarysupplements industry, intense competition, adverse effects ofunfavorable publicity regarding particular products or the Company'sindustry generally, the Company's dependence on the introduction ofsuccessful new products, the Company's ability to gain market shareand shelf space in each of its distribution channels, the Companyexperiencing high rates of product returns, and adverse governmentregulation, as well as those factors set forth under the heading "RiskFactors" in the Company's Annual Report on Form 10-K for the yearended December 31, 2005 and in the Company's other filings withSecurities and Exchange Commission.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Natrol Inc.mehr Nachrichten
Keine Nachrichten verfügbar. |