eDiets.com(R) Announces Q1 2008 Results (ents.eDiets.com's unique infrastructure ...)

eDiets.com(R) Announces Q1 2008 Results

Date:5/13/2008

ents. eDiets.com's unique infrastructure offers businesses, as well as individuals, an end-to-end solution strategically tailored to meet its customers' specific goals of achieving a healthy lifestyle. For more information, please call 310-954-1105 or visit http://www.eDiets.com.

* Use of Non-GAAP Financial Measures

In its earnings releases, conference calls, slide presentations or webcasts, the Company may use or discuss adjusted EBITDA, which is a non-GAAP financial measure as defined by SEC Regulation G. Management regularly reviews adjusted EBITDA as an analytical indicator of the Company's financial performance and believes that it is useful to investors in evaluating operating performance. In addition, the Company uses adjusted EBITDA as a measure of performance for its business segments and for incentive compensation purposes. The Company does not intend for adjusted EBITDA to be considered in isolation or as a substitute for any GAAP measure. Adjusted EBITDA, as presented, may not be comparable to similarly titled measures of other companies.

Three Months Ended

March 31,

2008 2007

Net (loss) income $(5,125) $(1,257)

Interest, net 346 (42)

Amortization of secured notes 260 -

Income tax (benefit) provision (33) 59

Depreciation 299 232

Amortization of Intangibles 292 302

Stock-based compensation 468 172

Loss on disposition of fixed assets 3 -
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