Contact Information: Contact: Jean Bono Natural Health Trends Corp.
Natural Health Trends Corp. Will Apply for Transfer to Nasdaq Capital Market
| Source: Natural Health Trends Corp.
DALLAS, TX--(Marketwire - April 8, 2008) - Natural Health Trends Corp. (NASDAQ : BHIP )
announced today that it will apply to transfer its Nasdaq listing from the
Nasdaq Global Market to the Nasdaq Capital Market. The Company no longer
meets the continued listing standards for the Nasdaq Global Market because,
as reported in its Form 10-K for the year ended December 31, 2007, the
Company no longer satisfies the $10 million stockholders' equity
requirement set forth in Marketplace Rule 4450(a)(3). The Company has
reported that it had stockholders' equity of $9,562,000 on December 31,
2007.
On April 3, 2008, the Company received a letter from the Nasdaq Stock
Market giving notice of its failure to meet the minimum stockholders'
equity requirement for continued listing on the Nasdaq Global Market.
After evaluating this letter, the Company has decided to apply for a
transfer to the Nasdaq Capital Market. The Company believes it meets the
continued listing requirements for the Nasdaq Capital Market. Listing on
the Nasdaq Capital Market will result in a minor cost savings for the
Company. The Company does not believe that stockholders' liquidity will be
adversely impacted by a transfer to the Nasdaq Capital Market.
About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling and
e-commerce company operating through its subsidiaries throughout Asia,
North America, Europe and Latin America. The Company markets premium
quality personal care products under the NHT Global brand. Additional
information can be found on the Company's website, and management
encourages interested parties to register for updated corporate information
via email on the Company's home page, www.naturalhealthtrendscorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995 -- Forward-looking statements in this release do not constitute
guarantees of future performance. Such forward-looking statements are
subject to risks and uncertainties that could cause our actual results to
differ materially from those anticipated. Such risks and uncertainties
include the risks and uncertainties detailed under the caption "Risk
Factors" in our Annual Report on Form 10-K filed on March 31, 2008, with
the Securities and Exchange Commission. We assume no obligation to update
any forward-looking information contained in this press release or with
respect to the announcements described herein.