Nu Skin Enetrprises Acquisition Expands Supplement Marketing and Research Opportunities for Pharmanex® Biophotonic Scanner
PROVO, Utah – March 13, 2006 – Nu Skin Enterprises (NYSE: NUS) announced today the acquisition of expanded rights to use the Pharmanex® BioPhotonic Scanner in all environments, increasing the marketing opportunity for its sales force to promote and sell the company's nutritional supplements. The acquisition also opens up new clinical research opportunities for the company to further evaluate the application of the Pharmanex® BioPhotonic Scanner technology in nutrition science.
“Acquiring these additional rights to the Scanner improves our ability to significantly leverage the full potential of this important technology,” said Truman Hunt, president and chief executive officer. “Our sales representatives will now have the opportunity to market the Scanner to all potential customers, extending their access to an unrestricted group of people who can benefit from our nutrition products. In addition, this merger further expands our clinical research and development efforts using the Scanner technology.”
As part of the acquisition, Pharmanex has proposed, over the next four years, a clinical research plan that will further substantiate the Pharmanex® BioPhotonic Scanner as an important tool for measuring antioxidant status in the body and its relationship to overall nutritional health.
Nu Skin Enterprises
March 13, 2006
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“We have received great recognition in the scientific community for the Pharmanex
BioPhotonic Scanner and we expect to collaborate with academic researchers throughout the
country on Scanner research,” said Joseph Chang, Ph.D., chief scientific officer and
executive vice president of product development. “Our new fields of use for this technology
and our expanded research capability to work with the medical community will further our
understanding of the biological role of antioxidants in overall health and open new doors that
were not available previously.”
This announcement coincides with the launch of the second-generation model of the Pharmanex® BioPhotonic Scanner. Just like the original, the S2 Scanner measures carotenoid antioxidants in the skin. Based on recent studies, these important dietary micronutrients are reliable indicators of a person's overall antioxidant status. The S2 Scanner is a significant technological improvement over the original version of the Scanner. It is 30 percent smaller, has a shorter scanning time, is less sensitive to temperature fluctuation and is more economical—benefits that maximize the use of the technology for sales representatives. For more information about the Pharmanex® BioPhotonic Scanner or the new S2 Scanner, visit www.pharmanexscanner.com.
About Pharmanex
Pharmanex, a Nu Skin Enterprises company, applies pharmaceutical processes and scientific
measurement to create nutritional supplements in 41 markets worldwide. Pharmanex®
products are sold direct to the consumer through the Internet and a network of independent
sales representatives. For more information, visit www.pharmanex.com.
About Nu Skin Enterprises
Nu Skin Enterprises, Inc. is a global direct selling company operating in 41 markets
throughout Asia, the Americas and Europe. The company markets premium quality personal
care products under the Nu Skin® brand, science-based nutritional supplements under the
Pharmanex® brand, and technology based products and services under the Big Planet® brand.
Nu Skin Enterprises' press releases are available online at www.nuskinenterprises.com.
Nu Skin Enterprises
March 13, 2006
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Please note: This press release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934 that represent the company's current
expectations and beliefs, including, among other things, strategic initiatives and objectives.
The forward-looking statements and related assumptions involve risks and uncertainties that
could cause actual results and outcomes to differ materially from any forward-looking
statements or views expressed herein. These risks and uncertainties include, but are not
limited to: (a) any failure of current or planned strategic initiatives, tool, or products to
generate interest among distributors and customers; and (b) regulatory risks associated with
the Scanner, which could inhibit the company's use of the Scanner if it is determined to be a
medical device in any market or if other regulatory constraints or scrutiny dampen
enthusiasm or the ability of the company or its distributors to effectively utilize the Scanner.
The company's forward-looking statements contained herein are further qualified by a
detailed discussion of associated risks set forth in the documents filed by the company with
the Securities and Exchange Commission, including the company's Annual Report on Form
10-K filed on March 15, 2005. The forward-looking statements set forth the company's
beliefs as of the date of this release, and the company assumes no duty to update the forwardlooking
statements contained in this release to reflect any change.