ViSalus Sciences is Taking the Health and Wellness Industry by Storm
Released on: September 17, 2008, 10:18 am
Press Release Author: Brett Hudson
Press Release Summary: Ever since the days in which ViSalus was just an idea, it has been our mission to make an impact on the life, health, & prosperity of those willing to welcome those values into their lives. From day one, the Founders have made it clear that ViSalus was not just going to be just another company. Their goal has long been to become a premiere company in the direct sales industry.
Press Release Body: Over the last 3 Ĺ years, the Founders and Management Team have continued to put in place the necessary foundation help ViSalus move toward its ďBillion Dollar Vision.Ē
ďWe have always said that our goal was to build ViSalus into a Billion Dollar Company,Ē said Co Founder and CSO Nick Sarnicola. ďWe have built a management team that can lead at that level and felt that by aligning with an investment partner like Blyth, we hope to achieve our goal even sooner.Ē SVP of Marketing & Branding, Audrey Sommerfeld added, ďHaving been part of a large, publicly traded company before, I am excited that we have partners like Blyth who really understand our channel, and can help provide resources for expansion and rapid globalization of our health and wellness products.Ē
In exchange for ownership in ViSalus, Blyth will help ViSalus speed up our ability to scale and get ready for large domestic and global expansion. In this agreement, Blyth also has the option to acquire more to complete ownership in ViSalus over a period of time if certain conditions are met by the company through 2012. It has been agreed that all ViSalus Founders, Management, and employees will retain their roles and continue to successfully lead ViSalus toward its goals.
CEO Ryan Blair added, ďWhen we first started dialog with Blyth the goal was for them acquire a piece of the company in exchange for capital and resources to help fuel our global expansion initiative. The fact that Blyth has shown an even greater interest in our company is a true compliment and in my opinion the absolute best thing that could happen for the entire ViSalus community. As a perpetual student of business, I know what it means for a company of our size to be singled out by a proven leader like Blyth. We look forward to standing among their top-tier brands.Ē
Co-Founder and CMO Blake Mallen commented, ďIt feels great to know that a cause that we continue to put our lives into, one that has already impacted so many people, is now being recognized at this level. Creating value for our employees and shareholders, as well as for our Customers and Distributors, has always been our number one priority. This alliance increases that value tremendously.Ē Mallen added, ďPlus, combining Blythís stability, experience, and global infrastructure with the opportunity and excitement of our 3 year-old company will surely appeal to many looking to align with a direct selling company. It definitely gives ViSalus a competitive edge in the market.Ē
We plan on maximizing this new relationship with an aggressive global expansion initiative and even further expanding our product R&D focus. All of this combined with our new web technology we are launching in Las Vegas at our Vitality Convention in October will make for quite an opportunity for everyone who is a part of the ViSalus community.
Ladies and gentlemen, champions of the ViSalus cause, we are proud today to inform you that ViSalus has made another quantum leap toward bringing our mission to the world.
ViSalus has united with established direct sales leader Blyth, Inc., and is excited and proud to now be able to say we are a part of the Blyth family of companies and successful direct selling brands.
Blyth is a direct sales leader, and has been in the industry for nearly 30 years, and has offices, warehouses, and infrastructure in 4 continents . Blyth will now be focusing on bringing their expertise and resources to ViSalus.
ViSalus Sciences is a company built around a community of individuals who share a commitment for giving back to others.
ViSalus Sciences is more than a company, itís a cause. The passionate and professional community that has already been attracted to the ViSalus vision is the best testament to who we are and what we stand for.
ViSalus is a company built on a solid foundation and constructed for the long haul. We believe that when you have the right team in place, anything becomes possible.
We are committed to producing unique products backed by legitimate science and continuing to advance our technology innovations to always separate ourselves from the market.
Above all we care about the constant development of our leaders in the field and will always provide the most comprehensive training and support system in the industry.
We are a company built on integrity; a community bonded by a common goal with an uncommon dedication to making positive, lasting change.
We invite you to learn more about our products, our incentives, and the people who make ViSalus Sciences a truly special company, and we look forward to seeing you in a local market as we build this reality by your side.
Join the #1 Visalus Team in USA @ www.MyVisalusBiz.com _________________________________________________________
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission
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