SALT LAKE CITY--(BUSINESS WIRE)--Sept. 20, 2007--USANA Health Sciences, Inc. (NASDAQ: USNA), today announced that Dave Wentz, president of USANA, was recently elected to a second term as vice chairman of the Direct Selling Association (DSA) Board of Directors and chairman of the Annual Meeting.
As a board officer, Wentz will help direct the DSA, a national trade association of leading companies that manufacture and distribute goods and services sold directly to consumers. USANA is one of more than 200 companies that are DSA members.
"I am proud to work for an organization that plays such an important role in serving and promoting our valuable industry," Wentz said. "The DSA provides an important service to its members and the public through its commitment to ethical business practices and consumer advocacy."
Through more than four years on the DSA board, Wentz has served a variety of roles, including chairman of the Direct Selling Education Foundation and DSA vice chairman for 2006/2007. Wentz also is on the CEO Council of the World Federation of Direct Selling Associations, an affiliate of the DSA that works to support direct selling ethics around the world.
Wentz's work on behalf of direct sales companies and the independent business people they represent has earned the respect and appreciation of his colleagues. "I look forward to continuing my work with Dave Wentz on the DSA Board of Directors," said Nathan Moore, current DSA chairman and general counsel of Mary Kay Inc. "He has played a major part in helping this organization achieve its goals. Working together, I know we will accomplish even more for our industry in the coming year."
DSA President Neil Offen said, "USANA has an excellent reputation among its peers in the Direct Selling Association and provides a great example for our new member companies. USANA's representation on the board is important for our industry's future."
Truman Hunt, chairman of the World Federation of Direct Selling Associations and president & CEO of Nu Skin Enterprises said, "Dave has a great understanding of the industry and its needs, which makes him an excellent choice to help lead this industry into the future."
About the Direct Selling Association
DSA is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. Among its more than 200 active members are companies selling both via a party-plan method and in the traditional person-to-person style. In 2005, U.S. direct sales exceeded $30 billion with more than 14 million direct sellers nationwide. The vast majority are independent business people - micro-entrepreneurs - whose purpose is to sell the product/service of the company they voluntarily choose to represent. More than 90 percent of direct sellers operate their business part-time.
For more information on direct selling, DSA and its Code of Ethics, please visit the DSA Web site at www.dsa.org.
About USANA
USANA develops and manufactures high-quality nutritional, personal-care, and weight management products that are sold directly to Preferred Customers and Associates throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Malaysia, Mexico, the Netherlands and the United Kingdom.
More information on USANA can be found at http://www.usanahealthsciences.com.
CONTACT:USANA Health Sciences, Inc.Dan Macuga, 801-954-7280dan.macuga@us.usana.comorEdelmanJoe Poulos, 312-240-2719
SOURCE: USANA Health Sciences, Inc.
Thursday, September 20, 2007
Monday, September 17, 2007
USANA Health Sciences to Present at A.G. Edwards' 2nd Annual Emerging Growth Conference
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 17, 2007--USANA Health Sciences, Inc. (NASDAQ: USNA) announced today that it will present at the A.G. Edwards' 2nd Annual Emerging Growth Conference in New York. Gilbert A. Fuller, Executive Vice President and CFO, is scheduled to present to leading institutional investment representatives on Wednesday, September 19, 2007, at 2:45 p.m. ET at the New York Palace Hotel.
Those interested in listening to the webcast may access it through USANA's Web site at http://www.usanahealthsciences.com.
An archived replay of the presentation will also be available approximately one hour following the live presentation at the company's Web site and will remain accessible for 90 days.
About USANA
USANA develops and manufactures high quality nutritional and personal care products that are sold directly to Associates and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the Netherlands, and the United Kingdom. More information on USANA can be found at http://www.usanahealthsciences.com.
CONTACT: USANA Health Sciences, Inc.
Patrique Richards, 801-954-7100 (Investor Relations)
investor.relations@us.usana.com
SOURCE: USANA Health Sciences, Inc.
Those interested in listening to the webcast may access it through USANA's Web site at http://www.usanahealthsciences.com.
An archived replay of the presentation will also be available approximately one hour following the live presentation at the company's Web site and will remain accessible for 90 days.
About USANA
USANA develops and manufactures high quality nutritional and personal care products that are sold directly to Associates and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the Netherlands, and the United Kingdom. More information on USANA can be found at http://www.usanahealthsciences.com.
CONTACT: USANA Health Sciences, Inc.
Patrique Richards, 801-954-7100 (Investor Relations)
investor.relations@us.usana.com
SOURCE: USANA Health Sciences, Inc.
Wednesday, September 5, 2007
USANA Health Sciences Inc. Announces Appointment of PricewaterhouseCoopers LLP as New Independent Registered Public Accounting Firm
SALT LAKE CITY, Sep 05, 2007 (BUSINESS WIRE) -- USANA Health Sciences Inc. (NASDAQ:USNA) announced today that it has appointed PricewaterhouseCoopers LLP (PwC) as the Company's new independent registered public accounting firm.
"We are pleased to engage PwC, a global leader in the accounting profession, as our independent auditors," said Ronald S. Poelman, chairperson of the USANA audit committee. "The audit committee had the opportunity to review proposals from several top accounting firms, and we greatly appreciate the efforts of those firms. Ultimately, we chose to engage with PwC both because of their expertise and their global resources. PwC is an ideal match for USANA, given the Company's sustained record of growth in 13 international markets."
"PwC has a history of bringing top-notch talent and professionalism to each of its assignments, and we look forward to working with their team," said Gilbert A. Fuller, USANA's executive vice president and chief financial officer. "We are pleased to be in a position to appoint an independent auditor befitting our status as a global leader in the manufacturing and marketing of high-quality nutritional supplements."
PricewaterhouseCoopers is expected to immediately begin reviewing the Company's financial results filed in USANA's Form 10-Q for the quarter ended June 30, 2007. Once these results have been reviewed, USANA expects to file an amended Form 10-Q with the Securities and Exchange Commission (SEC).
The Company will also file a Form 8-K containing additional information on the engagement of PwC.
About USANA
USANA develops and manufactures high quality nutritional and personal care products that are sold directly to Associates and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the Netherlands, and the United Kingdom. More information on USANA can be found at http://www.usanahealthsciences.com.
SOURCE: USANA Health Sciences Inc.
USANA
Riley Timmer, Investor Relations, 801-954-7100 investor.relations@us.usana.com
or EdelmanJoe Poulos, 312-240-2719
"We are pleased to engage PwC, a global leader in the accounting profession, as our independent auditors," said Ronald S. Poelman, chairperson of the USANA audit committee. "The audit committee had the opportunity to review proposals from several top accounting firms, and we greatly appreciate the efforts of those firms. Ultimately, we chose to engage with PwC both because of their expertise and their global resources. PwC is an ideal match for USANA, given the Company's sustained record of growth in 13 international markets."
"PwC has a history of bringing top-notch talent and professionalism to each of its assignments, and we look forward to working with their team," said Gilbert A. Fuller, USANA's executive vice president and chief financial officer. "We are pleased to be in a position to appoint an independent auditor befitting our status as a global leader in the manufacturing and marketing of high-quality nutritional supplements."
PricewaterhouseCoopers is expected to immediately begin reviewing the Company's financial results filed in USANA's Form 10-Q for the quarter ended June 30, 2007. Once these results have been reviewed, USANA expects to file an amended Form 10-Q with the Securities and Exchange Commission (SEC).
The Company will also file a Form 8-K containing additional information on the engagement of PwC.
About USANA
USANA develops and manufactures high quality nutritional and personal care products that are sold directly to Associates and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the Netherlands, and the United Kingdom. More information on USANA can be found at http://www.usanahealthsciences.com.
SOURCE: USANA Health Sciences Inc.
USANA
Riley Timmer, Investor Relations, 801-954-7100 investor.relations@us.usana.com
or EdelmanJoe Poulos, 312-240-2719
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