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SAN MARCOS, Calif., July 5 /PRNewswire-FirstCall/ -- Natural Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator and manufacturer of customized nutritional supplements, today announced the Therapeutic Goods Administration of Australia has completed its audit of the company's Good Manufacturing Practices and recertified its U.S.-based manufacturing facilities. NAI had been seeking this recertification especially in regard to the recent expansion of its California manufacturing facilities.
The Therapeutic Goods Administration ("TGA") is a unit of the Australian Government Department of Health and Ageing. The TGA evaluates new therapeutic products, prepares standards, develops testing methods and conducts testing programs to ensure that products are high in quality, safe and effective. The TGA also conducts a range of assessment and monitoring activities including audits of the manufacturing practices of companies who export and sell products to Australia. www.tga.gov.au
Good Manufacturing Practices often referred to as GMP's are regulatory standards and guidelines establishing necessary processes, procedures and documentation for manufacturers in an effort to assure the products produced by that manufacturer have the identity, strength, composition, quality and purity they are represented to possess.
President Randell Weaver stated, "In the nutritional supplement industry the TGA is one of, if not the most active regulatory and quality control organizations in the world. The TGA completed an extensive audit of our U.S.-based operations to verify our compliance with Good Manufacturing Practices and recertified our operations. We are delighted to have independent confirmation of our commitment to quality. Our investments in quality control included in our recently expanded 160,000 square foot facility improves our competitive positioning and supports our long-term growth plans."
CEO Mark Le Doux added, "We believe the recertification of our TGA Manufacturing License will increase the value of the goods and services we provide to our highly valued customers, and assist us in developing relationships with additional quality oriented customers."
About Natural Alternatives International, Inc.
NAI, headquartered in San Marcos, California, is a formulator and manufacturer of nutritional supplements and provides strategic partnering services to its customers. Our comprehensive partnership approach offers a wide range of innovative nutritional products and services to the client including: scientific research, clinical studies, proprietary ingredients, customer-specific nutritional product formulation, product testing and evaluation, marketing management and support, packaging and delivery system design, regulatory review and international product registration assistance. For more information about NAI, please see our website at www.nai-online.com.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 that are not historical facts and information. These statements represent our intentions, expectations and beliefs concerning future events, including, among other things, our expectations with respect to the effects of our investments in quality and facilities and our ability to develop relationships with new customers and strengthen relationships with existing customers. We wish to caution readers that these statements involve risks and uncertainties that could cause actual results and outcomes for future periods to differ materially from any forward-looking statement or views expressed herein. NAI's financial performance and the forward-looking statements contained herein are further qualified by other risks including those set forth from time to time in the documents filed by us with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
CONTACT - John R. Reaves, Chief Financial Officer, Natural Alternatives International, Inc., 760-736-7700 or investor@nai-online.com.
SOURCE Natural Alternatives International, Inc.
07/05/2005
CONTACT: John R. Reaves, Chief Financial Officer of Natural Alternatives
International, Inc., +1-760-736-7700, investor@nai-online.com
Web site: http://www.nai-online.com
http://www.tga.gov.au
(NAII)