Medifast, Inc. Names Barry B. Bondroff, CPA to Board of...( OWINGS MILLS Md. May 13 /- Medifa...),Health

OWINGS MILLS, Md., May 13 /PRNewswire-FirstCall/ -- Medifast, Inc. (NYSE: MED), a leading portion-controlled weight loss program, today announced that Barry B. Bondroff, CPA has been named to the Board of Directors. Bondroff, currently a Senior Managing Director with SMART, a diverse team of business advisory professionals founded in 1988, brings over 35 years of experience providing companies of all sizes and industries with practical and cost-effective accounting, assurance, tax, business, technology and financial advisory services.

"Medifast is very proud to be adding someone of Barry's caliber and expertise to our Board of Directors," said Brad MacDonald, Chairman of the Board, Medifast, Inc. "He brings over 35 years of financial advisory experience as well as countless local affiliations serving numerous companies and causes in the Baltimore area."

Prior to managing SMART, Bondroff was the Managing Partner for Grabush, Newman & Co., P.A., which combined with SMART in May 2003. Bondroff began his career with Grabush Newman in 1970, and in 1976 became Officer and was promoted to Managing Partner in 1982. He earned his Bachelor of Science degree in Accounting from the University of Baltimore.

Bondroff also serves on the Board of Directors for the publicly traded First Mariner Bank of Maryland, a NASDAQ listed SEC registrant. Bondroff is active with First Mariner serving on the Executive Committee, Loan Committee, Audit Committee and as Chairman of the Compensation Committee. First Mariner was a start-up bank that demanded detailed oversight by Bondroff and all Board members.

Including First Mariner, Bondroff has extensive bank experience, serving on the leadership team responsible for the first bank proxy batt
'/>"/>