Posts Tagged ‘Usana’

USANA Health Sciences has received yet another award in recognition of its continued devotion to the health of their employees. Last week, the health and wellness company received an award on from the Utah Council for Worksite Health Promotion in recognition of the company’s outstanding wellness program.

At an awards luncheon last week in Salt Lake City, the company was presented with a Platinum award for supporting their employees in staying fit and healthy by providing them with the tools they need to maintain good health.

Brad Pace, USANA wellness coordinator and personal trainer, accepted the award on behalf of the company.

USANA’s employees have a wealth of tools available to them through the wellness program. All employees have access to a fully equipped in house gym, personal trainers, nutritional products for employees, smoking cessation programs and annual health fairs.

“USANA works hard to help its employee’s live healthier lives and provides them with many opportunities to do so,” said Dan Macuga, USANA vice president of marketing and public relations. “It is an honor to be recognized for all of the hard work USANA has put into its wellness program.”

In order to be eligible to receive the Platinum Award, a company must have had a wellness program running for a minimum of five years, and must be available to all employees and their spouses.
In addition, the company and program must have a mission statement and a budget, and complete a variety of activities outlined by the Utah Council for Worksite Health Promotion.

USANA has now received this award four consecutive years. Earlier this year, USANA received the 2008 Work/Life Award in July from the Utah Department of Workforce Services and the Office of Work & Family Life in recognition of the company’s exceptional workplace and wellness programs.

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Well, it’s almost that time again, time for companies to begin releasing their 3rd quarter results. In the next few weeks we will hear from several of the major companies about what their business has been like the last few months and practically speaking, we aren’t expecting anything great (maybe overseas).

As we all know, the economy has struggled quite a bit lately, and although history shows that direct sales companies generally thrive in times of financial crisis, the current economic landscape is unlike anything we’ve seen since the 1920’s - especially since this is affecting all global economies.

Reliv (NASDAQ: RLV), NuSkin (NYSE: NUS) and USANA (NASDAQ: USNA) are the first of many companies who have set dates to release the news. USANA will be the first of the group to release the results on October 14, 2008. Executives will hold a conference call to discuss the announcement the following morning at 11 am Eastern time.

NuSkin will release their results prior to the market opening on October 29th. Truman Hunt, NuSkin President and CEO will hold a conference call with investors that same day at 11 am. And finally, on Wednesday, October 29, 2008 Reliv will hold a conference call to discuss results of the third quarter which will be hosted by President, CEO and Chairman Robert L. Montgomery and VP and CFO Steven D. Albright.

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USANA has announced that a California State Court has dismissed a class action suit filed against the company in 2007.

The suit, filed by former USANA distributors, Jeannette Johnson and Christopher Crane-Johnson v USANA, on behalf of themselves and all others distributors was filed last summer not only against the company, but also certain officers, distributors and directors. The plaintiffs allege that, USANA failed to disclose material adverse facts about the company, its business relationships and its future business prospects. There were also claims of concealment of fraudulent activity and that USANA maintained an unsustainable business model.

An official statement from the court states that The Plaintiffs agreed to request that the court dismiss the case with prejudice and determined there was no longer any merit to maintaining a class action lawsuit

USANA and its CEO, Dave Wentz, were also pleased at the outcome, “We are pleased that the court approved this motion to dismiss. We will continue to move forward without further distraction or expense.”

This is more good news for the company that has a had a very interesting year including being able to rid itself from the annoyance of Barry Minkow’s lawsuit and move beyond the unsuccessful attempt to take the company private.

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USANA is happy to congratulate members of the Sony Ericsson WTA –(Women’s Tennis Association) Tour on their recent Olympic participation and victories. USANA is the official health supplement supplier of the WTA tour and has been a supporter of the tour for years.

USANA first partnered with the WTA tour late in 2006. USANA supplements are some of the only supplements out there that are all natural and all pure and can back up that claim with a guarantee of purity of any substance prohibited by the World Anti-Doping Agency.

USANA has already congratulated athletes in other medal ventures including fencer Becca Ward and 41 Year old Phenom Swimmer Dara Torres, both of whom use and support USANA.

USANA partner Sony Ericsson WTA Tour Athletes who were successful in Beijing include Russian Singles Gold medalist Elena Dementieva and Doubles Gold Medalists Serena Williams and Venus Williams who are all currently playing in the US Open.

Popularity: 6% [?]

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