Company Reaffirms Fiscal 2008 Revenue Guidance
FORT LAUDERDALE, Fla., Jan. 11 /PRNewswire-FirstCall/ -- eDiets.com, Inc. (Nasdaq: DIET) today announced the resignation of Chief Financial Officer Robert Hamilton. Mr. Hamilton, who joined the Company in November 1999, has accepted the Chief Financial Officer position at a privately held company. Mr. Hamilton will remain available to assist with transitional matters.
The Company has retained a search firm to find a replacement and has appointed Carla Cox, Senior Vice President of Financial Reporting, as interim CFO. Ms. Cox joined the Company in April 2000 and previously was an audit senior at Ernst & Young LLP, from January 1996 until April 2000.
Steve Rattner, President and Chief Executive Officer, said, "We want to thank Rob for his significant contributions to eDiets.com over the past eight years. We wish him well in his future endeavors."
Rattner further commented, "I would also like to take this opportunity to reaffirm our previously issued fiscal 2008 revenue guidance."
eDiets.com, Inc. is a premier online diet, fitness, and healthy living destination offering to more than 20 personalized nutrition and fitness programs, professional advice, information, products and services to those seeking to improve their health and longevity. eDiets also provides fresh- prepared meal delivery and was rated 2007's "#1 diet meal delivery service" by Epicurious.com. eDiets products and services are available direct to consumers or through business partnerships with brand-name companies in food, pharmaceutical, insurance, nutrition and fitness industries. Founded in 1996 and headquartered in Fort Lauderdale, FL, eDiets.com operates websites at http://www.eDiets.com, http://www.deliciouslyyours.com, http://www.eFitness.com and http://www.edietscorporateservices.com. For more information, please call (800) 265-6170 or visit http://www.eDiets.com
Safe Harbor Statement
Statements which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements. These risks and uncertainties include, among others, that the Company will not be able to obtain sufficient and/or acceptable outside financing (when and if required), changes in general economic and business conditions, changes in product acceptance by consumers, a decline in the effectiveness of sales and marketing efforts, loss of market share and pressure on prices resulting from competition, volatility in the advertising markets utilized by the Company, any delay, disruption, or suspension of the Company's supply of prepared meals from its vendor, regulatory actions affecting the Company's marketing activities, and the outcome of litigation pending against the Company. For additional information regarding these and other risks and uncertainties associated with eDiets.com's business, reference is made to the Company's Annual Report on Form 10-K for the year ended December 31, 2006, and other reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements are current only as of the date on which such statements are made. The Company does not undertake any obligation to publicly update any forward- looking statements.
|SOURCE eDiets.com, Inc.|
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