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ForeverGreen Continues Increasing Growth in Monthly and Yearly Revenues


Published on 2011-06-02 21:40:33 - Market Wire
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OREM, Utah--([ BUSINESS WIRE ])--ForeverGreen Worldwide Corporation (OTCBB:FVRG), [ www.forevergreen.org ], a leading provider of nutritional foods and other healthy products, announced today its monthly revenue growth is continuing to accelerate.

aDuring May we saw a 38.3% growth rate when compared to May 2010, and continued the trend of month-over-month growth when compared to April 2011. The growth is coming primarily from Latin America, but growth in some of our newly opened countries is accelerating faster than 50%. We are excited by the progress of the company, especially given the fact that a large distributor conference slowed down sales significantly for almost a week during the month. The May numbers we are seeing put us on track to nearly double sales for this calendar year when compared to 2010,a stated Paul Frampton, CFO.

Frampton continued, aWe expect June to show even greater growth from both a year-over-year and month-over-month perspective. We also look forward to launching a newly created investor presentation prior to the middle of June so that everyone has a clearer understanding of our company, its message and products and growth prospects for the company. The Company looks forward to releasing Q2 FY2011 results in mid-August which will show the growth we are currently experiencing.a

Forward-Looking Statements

This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are aforward-looking statementsa and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The companya™s actual results could differ materially from expected results.