Natural Health Trends Corp News

Natural Health Trends Announces 3Q Results

Market Wire | 11/18/2009

The company attributed lower sales to multiple factors. There was an increase of $1.5 million in unshipped orders in Hong Kong caused by certain customs issues that delayed orders placed between mid-August through the end of the quarter. These issues were mostly resolved by early November. However, this delay also caused a delay in new product orders as some members waited for a resolution of the customs issue.

Natural Health Trends Obtains TRO Against Former Exec

press release | 3/11/2009

The Court has found that there is credible evidence that the Company has established a probable right to relief on causes of action against Mr. LaCore and bHIP Global, Inc., including, among others, claims for misappropriation of confidential and proprietary information and unfair competition. Among other things, the Court found that the evidence supports the Company's claims that: (i) Mr. LaCore and bHIP Global, Inc. likely have possession of the Company's confidential and proprietary information and are in a position to use such information in competition with the Company; (ii) Mr. LaCore and bHIP Global, Inc. likely have solicited the Company's employees and distributors in breach of their agreements with the Company; and (iii) Mr. LaCore entered into multiple contracts with the Company providing for the return of confidential and proprietary information.

Natural Health Trends Appoints New COO

RTT News | 11/28/2008

Wood was President of NHT Global, North Asia, in charge of Korean and Japanese markets. He joined the Company in 2003 as the President of the Company's Korean subsidiary, where he started up the operations from scratch and built the Korean subsidiary into a successful business.

The company also promoted Ted Kwon to President of its Korean subsidiary. He has been chief operating officer and chief financial officer of the subsidiary since 2003, where he was responsible for business and financial planning and execution. Prior to that time he held numerous executive positions at other Korean lifestyle products companies.

Natural Health Trends Investigation Ends

Trading Markets | 9/18/2008

Natural Health Trends to Transfer to NASDAQ

CNNMoney.com | 4/20/2008

About Natural Health Trends Corp.

Natural Health Trends Corp. is an international direct-selling and e-commerce company operating through its subsidiaries throughout Asia, North America, Europe and Latin America. The Company markets premium quality personal care products under the NHT Global brand. Additional information can be found on the Company's website, and management encourages interested parties to register for updated corporate information via email on the Company's home page, www.naturalhealthtrendscorp.com.

Natural Health Trends Granted Partial Dismissal of Claims

CNNMoney.com | 2/22/2008

"We are certainly pleased that our motion was granted," said Chris Sharng, President of Natural Health Trends Corp. "With the most potentially damaging claims out of the way, we can focus our defense on the remaining contract claim and continue our emphasis on managing the operation of our business," added Mr. Sharng.

Natural Health Trends Clarifies Relationship with bHIP

Press Release | 1/4/2008

The Company has had discussions with Mr. LaCore regarding use of the name "BHIP" and the Company's participation in his new venture. In anticipation of reaching an agreement with Mr. LaCore, the Company's subsidiary, MarketVision Communications, Inc. ("MarketVision"), agreed to provide certain information system services to bHIP Global, Inc. under a Service Bureau and Hosting Agreement (the "Service Agreement"), which the Company does not consider material.

The Company has not reached any further agreement with Mr. LaCore and bHIP Global, Inc. Other than the Service Agreement, which the Company may terminate on 90 days' notice, the Company has no involvement in or association with bHIP Global, Inc. or its business.

"We are concerned that certain statements we have seen and heard regarding bHIP Global on the Internet, as well as use of our BHIP name, are causing confusion that we are affiliated with, sponsoring or connected with bHIP Global, Inc. We want to clarify that, except for the Services Agreement, we have no relationship with, and we are not providing offices, warehouses, or other infrastructure to, bHIP Global, Inc.," said Chris Sharng, President of the Company. "Our discussion with Mr. LaCore is ongoing, and we are hopeful that all concerns can be resolved in a satisfactory manner."

The Company views the unauthorized use of the name "BHIP" or its derivatives by bHIP Global, Inc. as a trade name, trademark or service mark to be a violation of rights owned by the Company, for which the Company may seek an appropriate remedy if continuing talks with bHIP Global, Inc. do not result in a satisfactory resolution.

The Company also announced that it has terminated a Temporary Services Agreement under which Mr. LaCore had provided certain master distributor services to the Company.