YGYI

 
Common Stock
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OTC Disclosure & News Service

 

Youngevity International (YGYI) Announces Opening of Singapore Office

Sep 10, 2015

OTC Disclosure & News Service

- Youngevity International (YGYI) Announces Opening of Singapore Office

Youngevity International (YGYI) Announces Opening of Singapore Office

SAN DIEGO, CA--(Marketwired - Sep 10, 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 the planned opening of its office in the Republic of Singapore.

Youngevity International (Singapore) PTE LTD, a wholly owned subsidiary of Youngevity, was formed on March 10, 2015. The company finalized lease negotiations for its Asia-based headquarters on August 17, 2015. The Singapore office is strategically located in the heart of the bustling Orchard Shopping District which is located at the southernmost tip of the Asian continent and at the crossroads of the world's global trading centers.

Singapore's strategic location has transformed it into one of the world's busiest ports and airports boasting a strong Asia Pacific logistics and supply chain manufacturing network supported by 20 of the world's top 25 Third Party Logistic players.

Steve Wallach, Youngevity's CEO, stated, "We are proud to announce the opening of our office in the heart of Asia. We chose Singapore because of its advanced, successful free-market economy, featuring an open and corruption-free environment. Internet access is readily available in Singapore, with a connectivity rate of over 99%. Singapore will be our launch pad into the consumer driven emerging markets of Southeast Asia, China and India."

The build out and customization of the new office began two weeks ago with completion anticipated in early October. A core grouping in excess of 20 products have already been approved for the Singapore marketplace with first products shipments anticipated to leave for Singapore this month. Youngevity International (Singapore) PTE LTD projected soft launch November 1, 2015 with an official opening slated for the first quarter of 2016.

Ben Ho, Vice President of Asia, a Singapore resident, stated, "This is a very exciting time for Youngevity. We are about to strategically open in Singapore which is the gateway to the rest of Asia. We are committed to enhancing the lives of people with the benefits of the products that Dr. Joel Wallach and Youngevity have developed over many years. We look forward to sharing Youngevity's extensive product offering in Singapore and ultimately, throughout the diverse and multicultural residents of Asia."

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. For more information, visit www.YGYI.com or find us on Facebook https://www.facebook.com/Youngevity or follow us on Twitter @youngevity https://twitter.com/youngevity

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," "excited", "believes," "estimates," and similar expressions. The forward-looking statements contained in this press release include statements regarding the expected timing of availability of Café La Rica, expected expansion of its distribution, continued traction of Café La Rica, our belief that building company owned brands over the long run will greatly contribute to creating shareholder value. 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 increase distribution and our ability to continue our current growth. 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.

CONTACTS:

INVESTORS:
Chuck Harbey
Managing Director, Corporate Advisory
PCG Advisory Group
Phone + 1 646 863 7997

MEDIA:
Sean Leous
Managing Director, Public Relations
PCG Advisory Group
Phone + 1 646-863-8998

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