San Diego, CA – February 19, 2015 – 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 today that it has taken another major step in its international expansion by opening a new distribution and sales support center based in Almaty, Kazakhstan.
Youngevity’s new office will provide a central location in Almaty that is fully equipped with a sales and distribution center to handle product ordering to delivery, a large conference room, customer service department, and a product showroom.
“We are proud to open our first office in Kazakhstan, which is one of the largest international markets in the direct selling industry,” said Steve Wallach, Youngevity’s Chief Executive Officer. “We have already recorded a high demand for Youngevity products and our business opportunity and we intend to continue to increase our direct selling coverage and distribution model to increase our market share in the region.”
“We have been waiting strategically for the right time to enter this growing market,” said Dave Briskie, CFO and President of Commercial Development for Youngevity who has been leading the company’s global expansion campaign. “We are very excited about our expansion into Kazakhstan and we remain committed to investing in scalable markets with long-term growth opportunities.”
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 Kazakhstan, 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 Kazakhstan and increase the demand for our products in Kazakhstan. 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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