Thomas Doorley III, Global Growth Strategist, Joins Natrol Board of Directors; Author, Entrepreneur, and Board Management Expert Joins Other National Leaders Advising Natrol.CHATSWORTH, Calif. -- Natrol, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NTOL), a premier manufacturer and distributor of nationally branded nutritional products, today announced that Thomas Doorley III, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder of Sage Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , has joined Natrol's Board of Directors. "Tom Doorley is a leader of the highest integrity, with expertise as a corporate strategist who builds and advises growth-focused companies, assisting them to achieve superior performance," said Wayne Bos, CEO-designate of Natrol. "We look forward to leveraging Tom's combined global growth and governance skills to benefit Natrol as it moves towards expanding its place in the global marketplace." Widely regarded as an expert on performance and growth, Mr. Doorley is the author of "Value-Creating Growth: How to Lift Your Company to the Next Level of Performance," and its predecessor, "Le Modele de Croissance." These, and an earlier book, "Teaming Up for the 90s: A Guide to International Joint Ventures and Strategic Alliances," have been published in several languages. "It is an exciting time for Natrol as the depth of the company is expanded, and I am very proud to welcome Mr. Doorley onto the Board of Directors of Natrol," said Executive Chairman, Elliott Balbert. "Natrol is a developer and distributor of high-quality nutritional products and operates in a market that is strong and should become stronger. It is a very attractive Board on which to serve," said Mr. Doorley. "I believe in an active, engaged and knowledgeable Board - one that takes seriously its charge to 'protect and enhance' the value of the enterprise for shareholders. I am extremely pleased to join the Natrol Board, and contribute my skills to the Company." Mr. Doorley is co-founder of Braxton Associates, which he launched, successfully globalized, and engineered into a value-creating merger with Deloitte and Touche. The merged enterprise is now a $500 Million business with more than 1,000 professionals. His clients were the senior leadership teams and Boards in a broad range of industries, especially consumer-related businesses. He also directed Deloitte's research and client initiatives as the leader of its Global Growth Initiative. Based on this work, he was elected the inaugural Chair of the World Economic Forum's Technology Pioneers, and founded, then chaired, the Technology Empowerment Network. Mr. Doorley also serves as a Board member for StratBridge (US), and is on the Dean's Advisory Board at The Pennsylvania State University Pennsylvania State University, main campus at University Park, State College; land-grant and state supported; coeducational; chartered 1855, opened 1859 as Farmers' High School. , where he chairs the Chemical Engineering Committee. Mr. Doorley holds an M.B.A. with Highest Honors from Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions. , where he was awarded a Woodrow Wilson Fellowship, was elected to Beta Gamma Sigma Beta Gamma Sigma or ΒΓΣ is an honor society for business students and scholars. Founded in 1913 at the University of Wisconsin, it has over 580,000 members, selected from 460 chapters in AACSB-accredited business schools. , and was named the outstanding graduate in marketing by the American Marketing Association The American Marketing Association, one of the largest professional associations for marketers, has 38,000 members worldwide in every area of marketing. For over six decades the AMA has been the leading source for information, knowledge sharing and development in the marketing profession. . He also holds a B.S. in Chemical Engineering and a B.A. in Arts and Sciences from The Pennsylvania State University. The Natrol Board of Directors includes Executive Chairman and Founder, Elliott Balbert, Wayne M. Bos, Senator Dennis DeConcini Dennis Webster DeConcini (born May 8, 1937 Tucson, Arizona) is a former Democratic U.S. Senator from Arizona. Son of former Arizona Supreme Court Judge Evo Anton DeConcini, he represented the Grand Canyon State in the United States Senate from 1977 until 1995. , Vernon Brunner, Dennis Jolicoeur and Ronald Consiglio. For further information, visit www.natrol.com. About Natrol Founded in 1980, Natrol, Inc. (NASDAQ:NTOL) is a diversified nutrition company that manufactures and markets premium branded nutritional products, functional teas and sports fitness products under the Natrol(R), Laci Le Beau(R) Tea and Prolab(R) Sports Nutrition Sports nutrition is applied in most sports training, however it is most dominant in strength sports (for example weight lifting and bodybuilding) and endurance sports (for example cycling, running, triathlon). labels. Natrol markets more than 200 nutritional products designed to meet a wide range of consumer needs. The products are available at more than 50,000 food, drug, mass market and independent health food stores, catalogs and Internet sites, gyms and specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" nationally and in select foreign countries. For more information, visit www.natrol.com. The statements made in this press release which are not historical facts including statements regarding expectations for future growth of revenue and profits and trends concerning net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight , are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. As a result of a number of factors, the Company's actual results could differ materially from those set forth in the forward looking statements. Certain factors that might cause Natrol's actual results to differ materially from those set forth in the forward looking statements include adverse trends in the dietary supplements Noun 1. dietary supplement - something added to complete a diet or to make up for a dietary deficiency diet - a prescribed selection of foods vitamin pill - a pill containing one or more vitamins; taken as a dietary supplement industry, intense competition, adverse effects of unfavorable publicity regarding particular products or the Company's industry generally, the Company's dependence on the introduction of successful new products, the Company's ability to gain market share and shelf space in each of its distribution channels, the Company experiencing high rates of product returns, and adverse government regulation, as well as those factors set forth under the heading "Risk Factors" in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2004 and in the Company's other filings with Securities and Exchange Commission. |
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