Contact Information: Contact: Jean Bono Natural Health Trends Corp.
Natural Health Trends Corp. Appoints Joe Wood as President of Its Northern Asia Markets
| Source: Natural Health Trends Corp.
DALLAS, TX--(Marketwire - April 29, 2008) - Natural Health Trends Corp. (NASDAQ : BHIP ), an
international direct-selling company, today announced that Joe Wood,
currently President of NHT Global Korea, is appointed as the President of
NHT Global, North Asia, and will now also oversee the Japanese market. In
addition, Mr. Wood is expected to provide assistance on product development
to the markets in China, Hong Kong and Taiwan.
Mr. Wood joined the Company in 2002 as the president of the Korean
subsidiary. As this was a new subsidiary, Mr. Wood was responsible for
starting up the Korean operations from scratch. Over the next five years
he built the Korean company into a solid, consumer- and product-based
business, a microcosm of the Company's long-term business goal.
Chris Sharng, President of Natural Health Trends, said, "Joe has the
experience and the proven track record to develop the kind of business that
we envision as the future of the Company. The business model he has
created in Korea is much in line with our long-term goals for all of our
Company's markets. The Japanese subsidiary, after some costly false starts
in 2005 and 2006, has been stable since early 2007. There is a great deal
of synergy between the Korean and the Japanese markets in terms of
membership growth, product development and consumer base increase."
Mr. Wood said, "I am excited to take on this additional opportunity with
Natural Health Trends. The Company is extremely supportive of my desire to
implement the successful tools and methods that we have developed in Korea
into our other Northern Asian markets."
Prior to working for the company, Mr. Wood had been employed in executive
positions in NuSkin and eBay. Mr. Wood is an American citizen, studied
accounting at Brigham Young University and received a BA from Seoul
National University as well as completed the Master Program at Seoul
National University.
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.