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
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