LifeVantage Corporation announced today that it successfully held the largest gathering of distributors in the Company’s history at its One Year Anniversary Elite Academy event on June 11 – 12, 2010 in Salt Lake City, UT. At the event, the Company announced that it has furthered its international expansion with a pre-launch into Japan, where it is currently accepting and fulfilling independent distributor applications and orders.
“We were thrilled to welcome the largest gathering of distributors in the Company’s history to our Elite Academy Event,” stated David Brown, LifeVantage President & CEO. “We were overwhelmed by the number of distributors who came from all over the United States and by the excitement they are generating. It illustrates why we are seeing the type of rapid growth we have been experiencing, even as other companies appear to be struggling. Since the beginning, our Elite Academies have been a tremendous forum in which to train, motivate and support our distributors. They increase distributor loyalty and effort and we have observed that the impact of this type of event is measurable and immediate.”
“We were excited to announce our international expansion into Japan at Elite Academy,” stated Kirby Zenger, LifeVantage Chief Operating Officer. “Japan is a tremendous network marketing country, ranking second only to the U.S. in multi-level marketing or MLM sales according to the Direct Selling Association. We have established strong distributor contacts within the country and our launch has been done in a cost effective and profitable manner. Based upon early orders and shipping information, we believe that we will see some of our Japanese distributors attain the rank of Pro 6 and Pro 7.”
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