Other NFLI language programs are currently underway in Chinese, Korean, and Russian at major universities throughout the U.
NSEP also announces the formation of a new NFLI program, the Chinese K-16 Flagship.
At the time the sale of NFLI
was recorded, ANII accounted for the two notes on the cost recovery method, and the remaining $5.
PVI has provided virtual advertising in NFLI broadcasts since 1997, and the new agreement will extend the relationship through 2004.
Under the terms of the deal, NFLI and Princeton Video Image will share any net advertising revenue generated by the sale of PVI-produced virtual ads.
More details on the Japanese addition and complete information on NFLI
(Products, Compensation and Distributor Enrollment) can be found at our Independent Distributor Webstores.
The acquisition of ASH follows the recently announced acquisitions by NFLI
of Advanced Nutraceuticals, Inc.
David Bertrand will continue as President and Chief Executive Officer of NFLI and Gregory Pusey, President of ANI, has been elected Chairman of the Board of NFLI.
Greg and I share a mutual goal of bringing NFLI to the forefront of the nutrition industry through both internal growth and future acquisitions," said Mr.
currently anticipates closing the acquisitions in November 1999.
According to David Bertrand, President and CEO of NFLI
, the acquisition of ANI positions NFLI
to pursue its long-term goal of becoming a major player in the growing nutrition industry.
The agreement between Distributor Services and NFLI
providing Distributor Services with the exclusive right to produce NFLI
's recruiting and training materials and to sponsor distributor recruiting events has been terminated.