Natrol (NASDAQ:NTOL)
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Natrol, Inc. (NASDAQ:NTOL), a leading manufacturer and
distributor of nationally branded nutritional products, today
announced the election of Ralph Simon to its Board of Directors.
"Ralph Simon joins our Board at a time when Natrol is entering an
important global developmental phase," said Wayne Bos, President and
Chief Executive Officer of Natrol. "He brings a wealth of experience
in strategic corporate development and trans-cultural awareness. In
particular, his experience in the global entertainment and mobile
content industry will help us as we carefully evaluate building and
expanding Natrol's branded products into wider international markets."
"Natrol holds a market leadership position in many of its product
categories," Mr. Simon observed. "The Company's commitment to the
highest quality nutritional supplement products is a valuable platform
from which to penetrate important international markets and expand its
reach and community impact even further. In an increasingly complex
global marketplace, Natrol has recognized the importance of new media
and mobile devices to build brand confidence and customer loyalty. I
am enthused by the highly competent and professional team that
Natrol's leadership is putting together to deliver clear growth
opportunities. Their understanding of behavioral marketing and its
value demonstrates their grasp of how to build a successful worldwide
company."
Elliott Balbert, Founder and Executive Chairman for Natrol, added,
"Ralph Simon is recognized as one of the founders of the modern mobile
music and entertainment industry in the United States, Europe and
Australasia. His experience in growing companies to maximize their
global business opportunities provides a significant advantage to
Natrol."
Mr. Simon is President and Chief Executive Officer of The Mobilium
Group and Chairman Emeritus & Founder of the Mobile Entertainment
Forum - Americas (MEF). MEF is the principal global mobile
entertainment trade association and leading advocate for the mobile
entertainment industry. The Mobilium Group is a respected strategic
advisory firm that guides U.S. and international media companies,
networks, and brands to grow revenues and market share from mobile
content, properties and technologies. Mr. Simon was a major figure in
the recording and music publishing industry prior to his involvement
with Mobilium. He was the co-founder of the Zomba Group and Jive
Records, which grew to become the world's most successful independent
record and music publishing company. He also served as Executive Vice
President of Capitol Records, Blue Note Records and created EMI's New
Media business.
Mr. Simon is a Fellow of the Royal Society of Arts in the United
Kingdom and a member of the National Academy of Recording Arts &
Sciences in the United States.
About Natrol
Founded in 1980, Natrol, Inc. (NASDAQ:NTOL) is a diversified
nutrition company that manufactures and markets premium-branded
nutritional products, functional teas and sports fitness products
under the Natrol(R), Laci Le Beau(R) Tea and Prolab(R) Sports
Nutrition labels. Natrol markets more than 200 nutritional products
designed to meet a wide range of consumer needs. The products are
available at more than 54,000 food, drug, mass market and independent
health food stores, catalogs and Internet sites, gyms and specialty
stores nationally and in select foreign countries. For more
information, visit www.natrol.com.
The statements made in this press release which are not historical
facts including statements regarding expectations for future growth of
revenue and profits and trends concerning net sales, are forward
looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. As a result of a number of factors, the
Company's actual results could differ materially from those set forth
in the forward looking statements. Certain factors that might cause
Natrol's actual results to differ materially from those set forth in
the forward looking statements include adverse trends in the dietary
supplements industry, intense competition, adverse effects of
unfavorable publicity regarding particular products or the Company's
industry generally, the Company's dependence on the introduction of
successful new products, the Company's ability to gain market share
and shelf space in each of its distribution channels, the Company
experiencing high rates of product returns, and adverse government
regulation, as well as those factors set forth under the heading "Risk
Factors" in the Company's Annual Report on Form 10-K for the year
ended December 31, 2005 and in the Company's other filings with
Securities and Exchange Commission.