San Diego, CA – November 5, 2014 – Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced the grand opening of its new distribution and sales support center in Moscow, Russia. A ribbon cutting celebratory event held on November 1, 2014 welcomed key leaders and distributors to inaugurate the opening of Youngevity’s first office in Russia.
In order to support this growing market, Youngevity’s new office will provide a central location in Moscow that is fully equipped with a sales and distribution center to handle product ordering to delivery, a large conference room to hold distributor education and training sessions, customer service desks, and a product showroom.
“We are proud to launch Youngevity’s first office in Russia and we plan to open a number of distribution points to cover the region,” said Ricardo Spilman, Director of Sales and Operations for Eastern Europe and Israel. “Russia is one of the fastest growing billion dollar markets in the direct selling industry. The entrepreneurial spirit is amazing in Russia as we already have hundreds of new Russian distributors that attended our first training sessions and they are highly motivated to get started with their own Youngevity business.”
“We are very excited about the opening of our new office and anxious to share Youngevity’s healthy, active lifestyle message in Russia,” said Steve Wallach, Youngevity’s Chief Executive Officer. “Russia has become a leader in the direct selling industry and the people of the country are showing great enthusiasm and strong demand for our products. The opening of the Moscow office reflects our commitment to investing in markets of growing importance and we look forward to continuing our strategic international expansion efforts.”
About Youngevity International Inc.
Youngevity International Inc., (OTCQX: YGYI) (www.YGYI.com ) is a fast-growing, innovative, multi-dimensional company that offers a wide range of consumer products and services, primarily through person-to-person selling relationships that comprise a “network of networks.” The Company also is a vertically-integrated producer of the finest coffees for the commercial, retail and direct sales channels. The Company was formed after the merger of Youngevity Essential Life Sciences (www.youngevity.com) and Javalution Coffee Company in the summer of 2011, and changed its name to Youngevity International Inc. from AL International, Inc. in July 2013.
Safe Harbor Statement
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. The forward-looking statements contained in this press release include statements regarding the Company’s expected future growth, our anticipated expansion in Russia, and the expected global demand for our products. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict including our ability to penetrate further the direct-selling market in Russia and increase the demand for our products in Russia. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.
Youngevity International, Inc.
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