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Amway is a multi-level marketing, or network marketing company founded in 1959 by Jay Van Andel and Rich DeVos. The company's name is a contraction of "American Way." Based in Ada, Michigan, the company and family of companies under Alticor reported sales of US$7.2 billion for the year ending December 31, 2007, marking the companyâ€™s sixth straight year of growth. Its product lines include personal care products, jewelry, electronics, Nutrilite dietary supplements, water purifiers, air purifiers, insurance and cosmetics. Amway conducts business through a number of affiliated companies in more than ninety countries and territories around the world. In the United States and Canada it now operates as Quixtar.

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