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Nature's Sunshine Products Recognized as one of the "100 Best Corporate Citizens"
by Business Ethics Magazine

Source: Yahoo Financial News



Press Release

Nature's Sunshine Products Named One of the ``100 Best Corporate Citizens'' by Business Ethics Magazine
Monday June 21, 8:00 am ET

 

PROVO, Utah--(BUSINESS WIRE)--June 21, 2004--Nature's Sunshine Products, Inc. (NASDAQ: NATR - News), a leading manufacturer and marketer of encapsulated herbs and vitamins, has been named by Business Ethics magazine as one of the "100 Best Corporate Citizens" for 2004. This is the second straight year that the Company has won this distinction.

"We believe that service to a variety of stakeholders is the essence of good citizenship," said the magazine. "While traditional measures of success focus solely on stockholder return, our list defines success more broadly, ranking companies according to their levels of service to seven groups -- stockholders, community, minorities and women, employees, environment, non-U.S. stakeholders, and customers."

In both years, the Company's rankings were highlighted by particularly strong scores for service to employees, customers, and minorities and women.

"We are pleased and appreciative of this recognition," said Douglas Faggioli, President and Chief Executive Officer of Nature's Sunshine. "Nature's Sunshine has always maintained the highest ethical standards in the way we conduct our business, just as we are committed to the highest quality in the products we make and sell."

Business Ethics magazine has been published for over 17 years and is written for business professionals. The "100 Best Corporate Citizens" rankings appear in the publication's Spring 2004 issue, and are based on research compiled by KLD Research & Analytics of Boston, Mass.

About Nature's Sunshine Products

Nature's Sunshine Products manufactures and markets through direct sales encapsulated and tableted herbal products, high quality natural vitamins and other complementary products. In addition to the U.S., the Company has operations in South Korea, Brazil, Mexico, Venezuela, Japan, Thailand, Taiwan, Canada, Colombia, the United Kingdom, Peru, Central America, Ecuador, Israel, Dominican Republic and Singapore. The Company also has exclusive distribution agreements with selected companies in Argentina, Australia, Chile, New Zealand, Norway and the Russian Federation.

Statements in this press release concerning the Company's business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items, and product line growth, together with other statements that are not historical facts, are "forward-looking statements" as that term is defined under Federal Securities Laws. "Forward-looking statements" are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from those set forth in such statements. Such risks, uncertainties and factors include, but are not limited to, foreign business risks, industry cyclicality, fluctuations in customer demand and order pattern, changes in pricing and general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission.

For more information, please visit www.natr.com.

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