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HLTH Corporation Announces First Quarter Financial Results
Date:5/6/2008

he items excluded by HLTH from Adjusted EBITDA but included in income from continuing operations:

-- Depreciation and Amortization. Depreciation and amortization expense

is a non-cash expense relating to capital expenditures and intangible

assets arising from acquisitions that are expensed on a straight-line

basis over the estimated useful life of the related assets. HLTH

excludes depreciation and amortization expense from Adjusted EBITDA

because it believes (i) the amount of such expenses in any specific

period may not directly correlate to the underlying performance of

HLTH's business operations and (ii) such expenses can vary

significantly between periods as a result of new acquisitions and full

amortization of previously acquired tangible and intangible assets.

Accordingly, HLTH believes this exclusion assists management and

investors in making period-to-period comparisons of operating

performance. Investors should note that the use of tangible and

intangible assets contributed to revenue in the periods presented and

will contribute to future revenue generation and should also note that

such expense will recur in future periods.

-- Stock-Based Compensation Expense. Stock-based compensation expense is

a non-cash expense arising from the grant of stock-based awards to

employees. HLTH believes that excluding the effect of stock-based

compensation from Adjusted EBITDA assists management and investors in

making period-to-period comparisons in its operating performance

because it believes (i) the amount of such expenses in any specific

period may not directly correlate to the underlying performance of

HLTH's business operations and (ii) such expenses can vary

significantly between periods as a result of the timing of grants of

new s
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SOURCE HLTH Corporation
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