Contact Information: Contact: Jean Bono Natural Health Trends Corp.
Natural Health Trends Names New Chief Operating Officer
Company Also Appoints President of Korean Subsidiary
| Source: Natural Health Trends Corp.
DALLAS, TX--(Marketwire - November 24, 2008) - Natural Health Trends Corp. (NASDAQ : BHIP )
announced today that it has appointed Joe Wood as the Company's Chief
Operating Officer. Mr. Wood will be the Company's principal operating
officer, responsible for product development, marketing, business support
and supply chain management.
"I believe that Joe's experience with and passion about products match
perfectly with our strategic emphasis on providing superior products to our
members to realize their well-being or aspiration," said Chris Sharng,
President of Natural Health Trends. "We are working hard to put our legacy
issues behind us, and appointing Joe as our Chief Operating Officer is,
with his background, evidence of our commitment to offering superior
consumer products to our members."
Mr. Wood was President of NHT Global, North Asia, in charge of Korean and
Japanese markets. He joined the Company in 2003 as the President of the
Company's Korean subsidiary, where he started up the operations from
scratch and built the Korean subsidiary into a successful business.
Natural Health Trends also today promoted Ted Kwon to President of its
Korean subsidiary. He has been chief operating officer and chief financial
officer of the subsidiary since 2003, where he was responsible for business
and financial planning and execution. Prior to that time he held numerous
executive positions at other Korean lifestyle products companies.
"The Korean market is one of our core markets and Ted will be invaluable in
our efforts to further build this market with a growth in distributors and
in our product line," said Mr. Sharng.
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, and Europe. 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.