eDiets.com(R) Announces Q4 and Year End 20...( - Reiterates 2008 Revenu...),Health

- Reiterates 2008 Revenue Guidance of $50 Million

FORT LAUDERDALE, Fla., March 4 /PRNewswire-FirstCall/ -- eDiets.com, Inc. (Nasdaq: DIET), leveraging the power of the Internet to bring diet, fitness and healthy lifestyle solutions to everyone, today announced results for the quarter and twelve months ended December 31, 2007.

Revenues from continuing operations for the fourth quarter of 2007 were $6.9 million, compared to $9.5 million in the prior year period. Income (loss) from continuing operations for the quarter was $(4.2) million, or $(0.17) per diluted share, compared to $(0.1) million, or $(0.00) per diluted share, for the fourth quarter of 2006.

Adjusted EBITDA*, defined as net income before interest, taxes, depreciation, amortization, stock-based compensation, discontinued operations, severance charges and impairment of goodwill and intangible assets, for the quarter ended December 31, 2007 was $(0.4) million compared to $1.2 million in the prior year period.

For the twelve months ended December 31, 2007, the Company reported revenues of $29.7 million, compared to $48.8 million for the same period last year. Income (loss) from continuing operations for 2007 was $(9.4) million, or $(0.38) per diluted share, compared to $(3.6) million, or $(0.16) per diluted share, for fiscal 2006.

Adjusted EBITDA* for the twelve months ended December 31, 2007 totaled $(2.2) million, compared to $20,000 in fiscal 2006.

Fourth Quarter and Recent Operating Highlights:

-- Announces agreement with GlaxoSmithKline Consumer Healthcare for

customized meal delivery plans for use with the market-leading alli(R)

product for weight loss

-- Launches comprehensive TV ad camp
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