EXHIBIT 99
NEWS RELEASE
FOR FURTHER INFORMATION, CONTACT:
| R. Scott Montgomery | Fred A. Nielson | Al Palombo |
| Senior Vice President | Investor Relations | Cameron Associates |
| Worldwide Operations | (636) 733-1314 | Investor Relations |
| (636) 733-1306 | | (212) 554-5488 |
Relìv International Net Income Grows 32 Percent,
On 18 Percent Increase in 3Q 2005 Net Sales
FOR IMMEDIATE RELEASE
CHESTERFIELD, MO, November 2, 2005 -- Relìv International, Inc. (Nasdaq/NM - RELV), a manufacturer and international network marketer of nutritional supplements and other food technology products, today announced its results of operations for the three months ended September 30, 2005 and for the first nine months of the year.
For the third quarter 2005, the company reported a 32 percent increase in net income available to common shareholders, which reached $1.67 million or $0.10 per share (diluted) - compared to $1.26 million, or 0.07 per share (diluted) in the same period last year. Relìv worldwide net sales advanced 18 percent, to total $28.6 million for the third quarter of 2005, compared to $24.17 million in the third quarter 2004.
Through the first nine months of 2005, Relìv has reported a 39 percent increase in net income available to common shareholders compared to the same period in 2004. The 2005 nine-month net income figure reached $5.7 million, or $0.35 per share (diluted). Net sales for the period also showed an increase - rising 20 percent, to $86.1 million, compared to $71.5 million during the first nine months of 2004.
The United States, the company’s largest geographic market, continues to set the pace for Relìv’s financial performance. U.S. net sales grew 25 percent in the third quarter 2005 compared to the same period last year. This growth was partially offset by mixed results from the company’s international markets. Relìv reported that sales nearly doubled in the United Kingdom in the third quarter 2005 compared to the prior year period, reflecting the impact of a new management team put in place earlier in the year. However, sales declined in other international operations compared to the same period in the prior year.
Robert L. Montgomery, President and Chief Executive Officer of Relìv, said, “We are very pleased with the growth performance we continue to see in the United States. For well over three years in a row now, our largest market has generated sales growth of at least 20 percent every quarter, when compared to the prior year period. That’s a remarkable run - made all the more remarkable by the fact that it’s been achieved without acquisitions or the need to enter new lines of business. Now the challenge is to extend that success to our international markets.”
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Relìv International, Inc.
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Mr. Montgomery noted that management changes - including new business leaders in the United Kingdom, a recently appointed national sales manager in Australia and some restructuring in Mexico - should help the company implement its business development system more consistently in international markets.
“Our success in the United States proves that the Relìv system can be a powerful growth engine,” Mr. Montgomery said. “We are committed to taking the steps necessary to ensure that this proven strategy is used to produce consistent results in all of our markets worldwide.”
Relìv International, Inc., based in suburban St. Louis, manufactures and distributes several lines of food products, including nutritional and fiber supplements, diet management products, functional foods, sports drink mixes and a line of premium skin care products. Its proprietary product lines include an extensive line of soy-based products. Relìv International’s common stock trades on The Nasdaq Stock Market® under the symbol RELV.
Reliv will host a conference call to discuss the third quarter and first nine months 2005 earnings with investors at 1:00 p.m. Eastern Time on November 2, 2005. The dial-in number for investors is 800-510-9834. Participant pass code is 37886852. To register, please call in 15 minutes prior to start of the call. A replay of this call will be available for one week by telephone from 3:00 p.m. Eastern by calling 888-286-8010 and using pass code 44526999. A live web cast of this call will be available through the Investor Relations section of Reliv’s Web site, http://www.reliv.com/us/investor. An online archive of the broadcast will be available on Reliv’s Web site in the Investor Relations section twenty-four hours after the call concludes. Please access the web site at least 15 minutes before the scheduled conference call to register.
NOTE: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Actual results could differ materially from those projected in the forward-looking statements, which involve a number of risks and uncertainties, including reliance on the Company’s network of independent distributors, government regulation of products, manufacturing and marketing, and the risks associated with international expansion. Forward-looking statements in this release include the Company’s statement that “management changes ….. should help the company implement its business development system more consistently in international markets.” This statement and the other contents of this release should be considered in conjunction with the warnings and cautionary statements contained in Reliv’s most recent filings with the Securities and Exchange Commission on Forms 10-Q and 10-K.
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