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New LifeVantage Chief Sales Officer David Phelps Sees "Extraordinary Growth Potential"

Stocks in this article: LFVN

SALT LAKE CITY, Nov. 22, 2013 (GLOBE NEWSWIRE) -- LifeVantage Corporation (Nasdaq:LFVN), a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically-validated products, introduced David Phelps as its first-ever Chief Sales Officer on Tuesday, and already Phelps is speaking out.

"LifeVantage has extraordinary growth potential," Phelps said. "The current product line has fueled impressive growth since the company entered into network marketing in 2009, but I believe that is just our taking-off point."

Phelps continued, "We're expanding our U.S. market, preparing to launch our flagship product, Protandim ®, the Nrf2 Synergizer ® patented dietary supplement, in a number of major new markets worldwide and gearing up to announce exciting new products, all in keeping with our commitment to offer unique science-based formulations for healthy living."

"Our approximately 70,000 independent distributors have their eyes on a prize," added Phelps, "and that's making LifeVantage a billion-dollar company. They know we have the products and sales know-how to do that. I just spent 24 hours with the company's top 19 global distributors at a summit in Utah. These are some of the most determined, passionate, experienced and insightful network marketers I have ever met. Their conviction and energy, combined with the work of the smart, hard-charging LifeVantage management team, enhances our growth potential." Phelps also noted, "I am truly impressed with the entire leadership team's unity in creating the next wave of LifeVantage momentum."

A globally recognized expert in network marketing, Phelps's experience spans North America, Europe, Latin America and nearly every major market in Asia. He has worked at Synergy Worldwide, FFi, Jeunesse Global, MonaVie and Organo Gold, applying his skills in sales, marketing, international expansion, business development, training and nearly every facet of distributor-facing development work. Phelps received his Juris Doctorate from Brigham Young University.

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