Contact Information: Contact: Jean Bono Natural Health Trends Corp.
NHT Global Launches Retail Sales in Italy
| Source: Natural Health Trends Corp.
DALLAS, TX--(Marketwire - June 11, 2008) - Natural Health Trends Corp. (NASDAQ : BHIP ) today
announced that its Italian-based subsidiary, NHT Global Europe S.R.L., has
launched retail product sales in Italy. The launch was introduced at two
events held in the northern Italian cities of Bologna and Vicenza this past
weekend, in partnership with the two major organizations of NHT Global's
European network members. European corporate leaders, top distributor
leaders and hundreds of network members and prospects from all over Europe
attended these events and celebrated this milestone in the European
expansion of NHT Global.
Italian distributors can now retail NHT Global products in Euros, both on a
person-to-person basis as well as through an advanced Retail Cart tool.
Retail commissions paid by NHT Global Europe on Italian sales will be paid
from Italy, net of applicable withholding tax and Social Security
contributions.
"The importance of our ability to sell direct in Italy is very
significant," commented Paolo Giuliani, the managing consultant in charge
of NHT Global's European market development. "According to the Worldwide
Federation of Direct Selling Associations, the Italian direct selling
market is the eighth largest in the world and the third largest in Europe,
with sales of $3.59 billion in 2007."
"With the opening of retail selling in Italy, we are closing the pre-launch
phase and can now direct the pan-European expansion of NHT Global from a
solid foundation," said Mr. Giuliani. "From now on, we anticipate that NHT
Global's members will enjoy a faster and smoother expansion of their
European opportunity."
NHT Global Europe also announced at the two recent events that it would
follow other worldwide NHT Global markets in their successful introduction
of an enhanced compensation plan. "European members are enthusiastic about
the Company's recently enhanced compensation plan because they have seen
the positive impact this change has had on other NHT Global markets," said
Mr. Giuliani.
About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling and
e-commerce company operating through its subsidiaries throughout Asia,
North America, Europe and Latin America. The company markets premium
quality personal care products under the NHT Global brand. Additional
information can be found on the company's website, and management
encourages interested parties to register for updated corporate information
via email on the company's home page, www.naturalhealthtrendscorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995 -- Forward-looking statements in this release do not constitute
guarantees of future performance. Such forward-looking statements are
subject to risks and uncertainties that could cause our actual results to
differ materially from those anticipated. Such risks and uncertainties
include the risks and uncertainties detailed under the caption "Risk
Factors" in our Annual Report on Form 10-K filed on March 31, 2008, with
the Securities and Exchange Commission. We assume no obligation to update
any forward-looking information contained in this press release or with
respect to the announcements described herein.