USANA Products Listed on Informed-Sport Web Site

MarketWatch

USANA Health Sciences, Inc. (NASDAQ: USNA) today announced that six of its nutritional supplements are currently listed with Informed-Sport, a supplement testing program designed to test supplements and their ingredients for inadvertent contamination with substances prohibited in sport.

Informed-Sport and its sister organization, Informed-Choice, certify that nutritional products have been tested by the world's leading independent laboratory for substances banned by the governing bodies of world sports.

"We are delighted at USANA's continued support of HFL's supplement testing services, and in particular, their backing of both the Informed-Choice and Informed-Sport programs," said Catherine Judkins, Business Development Manager for HFL Sport Science. "Through these services, USANA can reassure their customers that USANA products are safe to use."

USANA plans for Philippines operations by 2009

CNN Money

Nutritional supplement maker USANA Health Sciences Inc. said Thursday it plans to begin operations in the Philippines by early 2009.

Direct-selling revenue totals about $500 million per year in the Philippines, the company said, citing the Direct Selling Association of the Philippines.

Myron Wentz retires as Usana CEO

Salt Lake Tribune

Just a week after leading a failed bid to take Usana Health Sciences Inc. private, Myron Wentz has stepped down as CEO of the West Valley City marketer of nutritional supplements and personal care products.
Wentz will be replaced by his 37-year-old son, David, according to a news release Wednesday that also announced other management changes. Myron Wentz, the founder of the company, will remain as chairman of the board.
Usana spokesman Joe Poulos said Wentz was retiring as CEO on his own accord with no pressure from the board.
Timothy Ramey, an analyst with D.A. Davidson & Co., said it appeared the change just confirmed that as president, David Wentz was responsible for day-to-day management.

USANA Receives 2008 Utah Work/Life Award

FOXBusiness.com

USANA Health Sciences, Inc. received a 2008 Work/Life Award from the Utah Department of Workforce Services and the Office of Work & Family Life in recognition of the company's outstanding workplace.

USANA was one of 21 companies recognized by Governor John Huntsman at a Work/Life awards luncheon at the Sheraton City Centre Hotel. The Work/Life Awards received a record 188 applications this year. Dan Macuga, USANA vice president of network development and public relations, accepted the award on behalf of the company.

"USANA is committed to giving its employees all the necessary tools to excel at work while still maintaining an excellent quality of life," Macuga said. "It is an honor to be considered one of Utah's best employers."

For the tenth consecutive year, the Work/Life Awards recognized companies for creating exceptional workplaces by effectively addressing employee work/life needs. The Work/Life Awards honor employers that listen to employees and strive to create and maintain a culture of equity and opportunity in the workplace.

Shareholders Stand With Usana Buy Out Offer

Salt Lake Tribune

A group of shareholders of Usana Health Sciences has reaffirmed its offer to buy out the remaining shareholders of the health care products company even though the company rejected the $26-a-share bid as too low.

The group led by Usana founder and CEO Myron Wentz said Monday it was pressing ahead with its offer after viewing the company's preliminary second-quarter financial results released last week.

"Usana's earnings guidance further solidifies (the group's) confidence that the financial conditions related to the previously arranged financing for the transaction will be satisfied," Gull Holdings Ltd. and Unity Acquisition Corp. said in a statement.

On Wednesday, Salt Lake City-based Usana said it expects earnings per share to be between 60 cents and 63 cents when it reports second-quarter results next month.
Sales are expected to fall between $107 million and $109 million, Usana said.

USANA Ordered To Pay Critic $142,510

MLM Blog

Utah Network Marketing company, USANA was ordered to pay convicted felon and critic, Barry Minkow $142,510 after U.S. District Judge Tena Campbell ruled on March 3 that USANA violated California's anti-SLAPP (Strategic Lawsuit Against Public Participation) law.

Salt Lake City federal Magistrate Samuel Alba ordered USANA to pay $142,510 in attorney fees to Minkow and his Fraud Discovery Institute.

USANA's CEO Myron W. Wentz, Ph.D. Has Been Elected to Serve on Immunosyn Corporation's Board of Directors

CNN Money

Immunosyn Corporation is pleased to announce that Myron W. Wentz, Ph.D., Chief Executive Officer and Chairman of the Board of USANA Health Sciences, Incorporated , was elected to serve as a member of its Board of Directors. Dr. Wentz will be filling a newly created director position resulting from the increase in the authorized number of directors of Immunosyn.

"To add to our Board of Directors a Ph.D. in microbiology and immunology, and an internationally recognized pioneer in human cell culture technology and infectious disease diagnoses such as Dr. Wentz with his longstanding successful business history in our industry, is a significant and synergistic addition to the leadership of Immunosyn," stated Stephen D. Ferrone, President and CEO of Immunosyn. "Because Dr. Wentz is a scientist as well as a highly accomplished businessman, he understands the significance of SF-1019 from a scientific, humanitarian and business perspective. His industry background, knowledge, network, advice and good counsel will be a substantial benefit to Immunosyn and its shareholders."

Dr. Wentz founded USANA in 1992 and has been the CEO and Chairman since its inception. USANA is a public company that develops and manufactures high quality nutritional and personal care products that are sold directly to Preferred Customers and Associates throughout the world. The success of USANA's products is largely the result of Dr. Wentz's insights on cellular nutrition.

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Usana posts hefty sales

Salt Lake Tribune:

"After reporting the company's sixth year of record sales and earnings, Usana Health Sciences' chief financial officer said the company will be looking for opportunities that could result from the deteriorating U.S. economy.
The company said Wednesday that sales for its fiscal year ended Dec. 29 reached $423.1 million, a 15.9 percent increase from sales of $365.2 million posted in its previous fiscal year.
Earnings per share for the year from continuing operations increased by 18.7 percent, to $2.67, compared with $2.25 per share for fiscal 2006.
'We continue to believe that our home-based business model offers us flexibility in both up and down markets,' CFO Gilbert Fuller said in a conference call with securities analysts."

UPDATE 1-Usana Q4 profit flat, sees Q1 results below Street view

Reuters:

"Usana Health Sciences Inc posted a flat quarterly profit, forecast first-quarter results below Wall Street view hurt by tight consumer spending, and lowered its 2008 outlook, sending the shares down 18 percent in after-hours trade.

'During the fourth quarter, we experienced softer-than-expected sales and associate numbers in North America,' Usana's president Dave Wentz said in a statement.

'We attribute this decline primarily to the toll that various false allegations have taken on our associates during 2007,' he said."

USANA Health Sciences Recognized as a Founding Reporter of The Climate Registry

Business Wire:

"USANA Health Sciences, Inc. announced today that it has become a Founding Reporter of The Climate Registry. The Climate Registry is a non-profit organization established to measure and publicly report greenhouse gas emissions (GHG) in a common, accurate and transparent manner consistent across industry sectors and borders. Thirty-nine U.S. states, including Utah, five Canadian provinces, three Native American tribes, two Mexican states, and the District of Columbia are the founders of the organization.

A forerunner in the health and wellness industry, USANA has demonstrated environmental stewardship on several fronts by voluntarily committing to measure, independently verify and publicly report their GHG emissions on an annual basis. USANA has also committed to implement an Environmental Management System (EMS) that is a model for the industry. They promote energy efficiency in the design and operation of their facilities, manufacturing systems, and shipping operations. The corporate headquarters is xeriscaped and there have been and they are continuing to add many environmentally friendly updates to their buildings including solar panels."

Usana Shares Jump on SEC Inquiry Closure

Houston Chronicle:

"Usana Health Sciences shares soared Friday after the nutritional and skin care products company said the Securities and Exchange Commission had closed its inquiry into the company's marketing model.

Shares jumped $13.91, or 39.1 percent, to $49.48 Friday.

In addition to closing its inquiry, Usana said the SEC didn't take any action against the company. The investigation began after a San Diego-based investigator, Barry Minkow, accused Usana of fraud and said its direct-marketing business model was a pyramid scheme.

Goldman Sachs analyst Simeon Gutman said the closure of the SEC inquiry 'should further put to rest any remaining concerns about the integrity of Usana's business model.'"

Shareholder Lawsuit Dropped against USANA

Fox Business:

"USANA Health Sciences Inc. announced today that a Utah State court has dismissed the shareholder derivative action Larson vs. Wentz brought against USANA and several of its directors and executives in September 2007.

The Plaintiff agreed to dismiss the case with prejudice after USANA and the other defendants filed a motion to dismiss."

USANA Health Sciences Applauds Sony Ericsson WTA Tour Players'

PR Inside:

"USANA Health Sciences, Inc. (NASDAQ:USNA), the official health supplement supplier of the Sony Ericsson WTA Tour, would like to congratulate Cara Black (ZIM) & Liezel Huber (RSA) for their women's doubles victory Saturday, November 10, at the Sony Ericsson Championships. The popular Sony Ericsson WTA Tour events are viewed by more than four million spectators worldwide. Sunday was the final day of the season-ending Tour Championships that took place in Madrid, Spain."

USANA Named One of Utah’s 'Best Companies to Work For' by Utah Business

Business Wire:

"USANA Health Sciences, Inc. was recently named one of Utah’s “Best Companies to Work For” in Utah Business magazine’s November cover story. This is the second consecutive year that USANA was recognized by the magazine for providing its employees with a fun, rewarding, and healthy place to work.

Utah Business selected USANA and 11 other Utah-based companies for this recognition, which was based on a rigorous review of each company’s benefits and policies as well as a satisfaction survey completed by a large percentage of employees. According to the article, companies that were recognized consider their employees’ satisfaction a key component to their success and encourage personal growth in multiple ways.

Utah Business recognized USANA for providing its nearly 600 Utah employees with a culture of health and wellness. Employees enjoy an incredible array of programs and perks that encourage them to live healthier lives, including on-site fitness facilities and a full-time professional trainer, nearly $1,900 of free USANA nutritional products per employee each year, and a corporate cafe that offers healthy alternatives for workday meals."

Cutting Edge Media Ready to Launch New Magazine for Entrepreneurs

eMedia Wire:

"Cutting Edge Media, the nation's home business experts, is gearing up for the unveiling of their newest publication. The premiere issue of True Wealth, 'Your Guide to Starting a Profitable Business,' will be published in February 2008.

True Wealth will provide information on direct sales, franchises, and home-based business opportunities, while promoting the idea of creating wealth in many areas of life--through quality time with family, a more relaxed schedule, and real financial freedom.

'True Wealth is designed to reach serious-minded prospects who are actively pursuing a business opportunity--and a better life,' says Bridey Orth, Editor-in-Chief. 'For those who are recruiting for an opportunity, True Wealth is a wonderful marketing tool and a way to put your business in front of people who are truly interested.'"

USANA a Partner in Important Nutritional Research

My Billion Dollar Charity Run:

"Researchers at the University of Utah, in collaboration with USANA Health Sciences, recently published the results of a study in The Journal of Nutrition* which tested the effectiveness of quercetin supplementation in lowering unhealthy blood pressure levels.

Quercetin is an antioxidant found in many foods including onions, berries, and apples, and it is associated with a reduced risk of heart disease and stroke. Supplementation with quercetin has been shown to reduce hypertension in animal models, but until now has never been tested in hypertensive humans. This is the first published study to show that quercetin supplementation can reduce blood pressure in hypertensive adult humans. Additionally, it is important to note that quercetin supplementation did not influence the blood pressure of non-hypertensive individuals."

Usana files amended finance report for Q2

Salt Lake Tribune:

"With the blessing of new auditor PriceWaterhouse Coopers, Usana Health Sciences on Wednesday filed an amended financial report for the second quarter of 2007 with the federal Securities and Exchange Commission and the Nasdaq stock exchange. The filing of what is called a 10-Q form should satisfy concerns that in August prompted Nasdaq to raise the possibility of delisting the West Valley City-based maker and multilevel marketer of nutritional supplements and personal-care products. Usana's former independent auditor, accounting firm Grant Thornton, had resigned July 10 without having reviewed the quarterly report, sparking the threat. "