NATURAL HEALTH TRENDS CORP. ANNOUNCES LETTER OF INTENT WITH NUEWORLD.COM DALLAS, TEXAS - August 26, 2002 - Natural Health Trends Corp. (OTCBB: NHTC) announced today that it has entered into a formal letter of intent with NuEworld.com, Inc. to merge NuEworld.com with its subsidiary, Lexxus International, Inc. "NuEworld.com is a three year old network marketing company with one of the most dynamic membership cultures and one of the best marketing and training infrastructures in the industry," said Lexxus CEO, Terry LaCore. "The combined strengths of these two companies are so cohesive that this merger will create the foundation for the most influential international company in the network marketing industry," said Alex Arnold, Chairman of NuEworld.com. Scott Mercker, CEO of NuEworld.com, said, "The joining of the NuEworld culture with the Lexxus global distribution is an historic event for network marketing." Paul Rogers, Vice President of Sales & Marketing for NuEworld.com, added, "Our affiliates win with great products, a worldwide seamless compensation plan, and instant access into 25 countries. Our customers win with products that make a personal impact. Lexxus wins with the influx of a culture based on creating greatness in peoples' lives - worldwide." "With the addition of Alex, Scott and Paul, it will allow us to execute on our global business model much faster as we have added such quality and talented individuals to our management team," said NHTC President, Mark Woodburn. About Natural Health Trends Corp. Natural Health Trends Corp. is a holding company for two operating subsidiaries, ekaire.com, Inc. that sells nutritional supplements and vitamins and Lexxus International, Inc. Lexxus, started in January 2001, markets and sells quality-of-life products. Investors looking for information pertaining to Natural Health Trends Corp. or any of its subsidiaries are encouraged to look up www.nhtc.ws on the Internet or by contacting Investor Relations Services, Inc. at 386.409.0200 or on the Internet at www.invrel.net. Shareholders are encouraged to register for updated information on the corporation via e-mail at the website.
CONTACT: Natural Health Trends Corp., Dallas Mark Woodburn, 972/819-2035 or Investor Relations Services, Inc., New Smyrna Beach, Fla. Tom Watkins, 386/409-0200 [email protected] |